Comment on Cryptocurrency in the developing world needs a fresh approach by Saibu Baba
Saibu Baba's original article for cryptoinsider.com reduced by 52%
For the developing parts of the world, financial inclusion and freedom are needed more than any part of the world. Many people in the developing world are completely cut out of the financial system. Thus, we can't push the same use cases that are gaining grounds in the developed economies onto the developing world.
What the developing world needs is a native approach to cryptocurrency adoption. One of the biggest approaches to building native cryptocurrency use-cases and driving mainstream adoption in the developing world is to educate the masses. Crypto use-cases in these countries, in most cases, cannot automatically survive or make an impact in the developing world where the financial system is lacking in many things.
Developing economies need cryptocurrency use-cases that take into consideration the financial system in these regions.
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