{"id":23187,"date":"2019-05-03T09:07:05","date_gmt":"2019-05-03T09:07:05","guid":{"rendered":"https:\/\/www2019.dash.org\/?p=23187"},"modified":"2021-09-18T11:43:45","modified_gmt":"2021-09-18T11:43:45","slug":"is-cryptocurrency-the-answer-to-financial-inclusion-issues","status":"publish","type":"post","link":"https:\/\/www.dash.org\/news\/is-cryptocurrency-the-answer-to-financial-inclusion-issues\/","title":{"rendered":"Is cryptocurrency the answer to financial inclusion issues?"},"content":{"rendered":"<figure class=\"canvas-image Mx(a) canvas-atom Mt(0) Mt(20px)--sm Mb(24px) Mb(22px)--sm\" data-type=\"image\" data-reactid=\"10\">\n<div class=\"Ov(h) Pos(r) Ff(ss) Mah(80px)\" data-reactid=\"16\">\n<div class=\"Ov(h) Pos(r) Ff(ss) Mah(80px)\" data-reactid=\"16\"><\/div>\n<\/div><figcaption class=\"C($c-fuji-grey-h) Fz(13px) Py(5px) Lh(1.5)\" style=\"display: block; color: #767d84; font-size: 13px; line-height: 1.5; padding-top: 5px; padding-bottom: 5px;\" title=\"&lt;p&gt;When Bitcoin first started gaining notoriety, one of the selling points for the cryptocurrency was that it could help bank the unbanked. According to the World Bank, around 1.7 billion people do not have access to regular banking accounts as of 2017. These people are largely from the global south in continents such as Asia and Africa. For them, cash remains king. By not having a bank account though these people remain excluded from the traditional realms which creates a perpetual system of economic disparity. Can cryptocurrency solve these issues? Why are people still unbanked? There are numerous issues preventing such a large amount of people from financial inclusion. Many of the world\u2019s population remains unbanked is largely due to&lt;\/p&gt; &lt;p&gt;The post &lt;a rel=&quot;nofollow&quot; rel=&quot;nofollow&quot; href=&quot;https:\/\/coinrivet.com\/is-cryptocurrency-the-answer-to-financial-inclusion-issues\/&quot;&gt;Is cryptocurrency the answer to financial inclusion issues?&lt;\/a&gt; appeared first on &lt;a rel=&quot;nofollow&quot; rel=&quot;nofollow&quot; href=&quot;https:\/\/coinrivet.com&quot;&gt;Coin Rivet&lt;\/a&gt;.&lt;\/p&gt;\" data-reactid=\"17\">\n<div class=\"figure-caption\" data-reactid=\"18\">\n<p>When Bitcoin first started gaining notoriety, one of the selling points for the cryptocurrency was that it could help bank the unbanked. According to the World Bank, around 1.7 billion people do not have access to regular banking accounts as of 2017. These people are largely from the global south in continents such as Asia and Africa. For them, cash remains king. By not having a bank account though these people remain excluded from the traditional realms which creates a perpetual system of economic disparity. Can cryptocurrency solve these issues? Why are people still unbanked? There are numerous issues preventing such a large amount of people from financial inclusion. Many of the world\u2019s population remains unbanked is largely due to<\/p>\n<\/div>\n<\/figcaption><\/figure>\n<div class=\"canvas-body Wow(bw) Cl(start) Mb(20px) Fz(15px) Lh(1.6) C($c-fuji-grey-l) Ff($ff-secondary) D(i)\" data-reactid=\"21\">\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" style=\"margin: 0px 0px 1em;\" data-reactid=\"22\">When Bitcoin first started gaining notoriety, one of the selling points for the cryptocurrency was that it could help bank the unbanked. According to the\u00a0<a href=\"https:\/\/globalfindex.worldbank.org\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">World Bank,\u00a0<\/a>around 1.7 billion people do not have access to regular banking accounts as of 2017.<\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" data-reactid=\"23\">These people are largely from the global south in continents such as Asia and Africa. For them, cash remains king. By not having a bank account though these people remain excluded from the traditional realms which creates a perpetual system of economic disparity. Can cryptocurrency solve these issues?<\/p>\n<h3 class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" data-reactid=\"24\">Why are people still unbanked?<\/h3>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" data-reactid=\"25\">There are numerous issues preventing such a large amount of people from financial inclusion. Many of the world\u2019s population remains unbanked is largely due to economic hardship.<\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" data-reactid=\"26\">800 million people are still living &#8230;&#8230;..<\/p>\n<\/div>\n<p data-reactid=\"37\"><strong>Please read Full Story at:<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"When Bitcoin first started gaining notoriety, one of the selling points for the cryptocurrency was that it could help bank the unbanked. According to the World Bank, around 1.7 billion people do not have access to regular banking accounts as of 2017. These people are largely from the global south in continents such as Asia&#8230;","protected":false},"author":5,"featured_media":23188,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[216],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Is cryptocurrency the answer to financial inclusion issues? - Dash<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dash.org\/news\/is-cryptocurrency-the-answer-to-financial-inclusion-issues\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is cryptocurrency the answer to financial inclusion issues? - Dash\" \/>\n<meta property=\"og:description\" content=\"When Bitcoin first started gaining notoriety, one of the selling points for the cryptocurrency was that it could help bank the unbanked. 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These people are largely from the global south in continents such as Asia...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.dash.org\/news\/is-cryptocurrency-the-answer-to-financial-inclusion-issues\/\" \/>\n<meta property=\"og:site_name\" content=\"Dash\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DashPay\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/DashPay\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-03T09:07:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-18T11:43:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/media.dash.org\/wp-content\/uploads\/Screen-Shot-2019-05-03-at-5.01.31-PM.png\" \/>\n\t<meta property=\"og:image:width\" content=\"358\" \/>\n\t<meta property=\"og:image:height\" content=\"233\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"tungfa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Dashpay\" \/>\n<meta name=\"twitter:site\" content=\"@dashpay\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"tungfa\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.dash.org\/news\/is-cryptocurrency-the-answer-to-financial-inclusion-issues\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.dash.org\/news\/is-cryptocurrency-the-answer-to-financial-inclusion-issues\/\"},\"author\":{\"name\":\"tungfa\",\"@id\":\"https:\/\/www.dash.org\/#\/schema\/person\/220582bbf3006c2a9924ed46921386b5\"},\"headline\":\"Is cryptocurrency the answer to financial inclusion issues?\",\"datePublished\":\"2019-05-03T09:07:05+00:00\",\"dateModified\":\"2021-09-18T11:43:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.dash.org\/news\/is-cryptocurrency-the-answer-to-financial-inclusion-issues\/\"},\"wordCount\":258,\"publisher\":{\"@id\":\"https:\/\/www.dash.org\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.dash.org\/news\/is-cryptocurrency-the-answer-to-financial-inclusion-issues\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/media.dash.org\/wp-content\/uploads\/Screen-Shot-2019-05-03-at-5.01.31-PM.png\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.dash.org\/news\/is-cryptocurrency-the-answer-to-financial-inclusion-issues\/\",\"url\":\"https:\/\/www.dash.org\/news\/is-cryptocurrency-the-answer-to-financial-inclusion-issues\/\",\"name\":\"Is cryptocurrency the answer to financial inclusion issues? 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