within the range of a 4G signal. That’s a 37% increase in the number of individuals able to access financial services when they’re made available on mobile devices. If fintechs can create financial solutions for mobile phones, they can make it more convenient and intuitive for new users to engage with this novel technology.While mobile-friendly crypto offerings are already becoming the norm across the crypto space, education is another key consideration.
It is worth considering how a variety of cryptocurrencies and stablecoins with varied benefits like fast transaction speeds, low gas fees and price stability, could be combined to offer individuals more accessible and affordable financial services.El Salvador’s decision to implement Bitcoin as a legal tender may have emerged in recognition of cryptocurrencies’ potential to benefit huge portions of the country’s population, but we cannot expect all countries to follow in its footsteps.
Crypto adoption is up to the people, while the purpose of government is to serve the people.
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