9 Problems Solved by Crypto
Does Bitcoin Fix Everything?
Bitcoin is a non-solution for a non-problem… according to bankers, regulators, and legacy operators. But reality paints a very different picture.
The current financial system is full of flaws: Inflation, bubbles, bailouts, questionable regulations, unfair policies, inequality, lack of transparency, poverty, the unbanked, and more. It’s a broken system for many with unfair advantages for a few. Coincidentally, these few are the ones opposed to change. What a surprise.
One of the reasons Bitcoin was created is to provide a fairer system that does not depend on corrupt politicians, greedy bankers, or obsolete financial institutions. When money and power get concentrated in a few hands, bad things are bound to happen.
Satoshi Nakamoto saw this during the 2008 crisis and decided to do something about it. The rest is history.
This is what Bitcoin fixes
1. The unbanked
2 billion people don’t have access to a bank account. In this day and age, one should think this should be a thing of the past but no, it is not.
Being unbanked is discriminatory. Everything has to be done in cash and even that’s difficult to manage in remote places. This is one of the reasons why in…
