What problems do cryptocurrencies solve? Here’s Six.

Credit: I did not create the above image. Author unknown.
Credit: Mike Hewitt, Money Supply and the Purchasing Power of Fiat Currencies
Credit: Jonathan Cheesman — Why Bitcoin & why sooner rather than later?

2. Foreign Exchange Fees

3. Inefficient transfer of payments

Cross-Border Payments: Challenges and Trends

4. Limited divisibility and incompatibility with micropayments (future use case)

5. Threat of Confiscation and privacy of asset ownership

6. Financially including the globally unbanked

Credit: The World Bank, Who are the Unbanked?
Photo Credit: Accenture, Afghan schoolgirls demonstrate Bitcoin’s transformative potential




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Technology, Media, and Crypto. I have some thoughts on a few things.