Blockchain

Tim Draper on Bitcoin’s Potential for the Unbanked



Tim Draper discusses the huge potential for Bitcoin and cryptocurrency to provide financial access to unbanked populations around the world. He explains how it enables participation in a new global economy.

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And suddenly you’ve got a real economy that now where what are there three billion unbanked in the world something like that you got like almost half the world can now participate in a new global economy and it’s Global oh my God it’s fantastic let’s say just for sake of

Argument that one country that you live in suddenly becomes taken over by a dictator and uh and that dictator you you’re thinking I’ve got to get out of here and I’ve got 30 million whatever Monopoly money that that country uses you like in Hong Kong a lot of

People did this it was like I have to leave all my money behind and I’ve got to move somewhere else and so they all move somewhere else

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