Bitcoin is great for the poor and for the rich, it the middle class that have problems finding a compelling use case

If you have a proper bank, credit cards, access to investments, etc it’s harder to understand the advantages of crypto.

For the unbanked, with no access to credit, paying a fortune on remittances, Bitcoin with the lighting network is an easy sell. Hence its success in Venezuela, Argentina, Nigeria and so on.

Satoshi’s original intention was to create an alternative to the current system and that’s working out pretty well even if some details are not exactly as intended.

--

--

--

Author of ´Bitcoin For Mere Mortals´ available @Amazon. Subscribe and drop me a line and I’ll send you a copy for free, no strings attached.

Love podcasts or audiobooks? Learn on the go with our new app.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Alberto Guerrero

Alberto Guerrero

Author of ´Bitcoin For Mere Mortals´ available @Amazon. Subscribe and drop me a line and I’ll send you a copy for free, no strings attached.

More from Medium

Central Banks are in a Pickle. Money Has to Go Somewhere. Bottoms Up. WMATU 04/02/22

Why the Rich Are Investing in Bitcoin?

Why some people think Bitcoin was made by the US Government

Inflation + Stocks, More Than You Probably Wanted to Know