
Finshots
January 31, 2025 at 11:17 AM
In this edition of "Finshots Cracks Crypto" we explore how Bitcoin is reshaping financial access and economic policies.
Take Gopal, a villager without banking access due to KYC barriers. Crypto removes these hurdles making anyone with an internet connection create a wallet, transact freely and avoid high fees.
But Bitcoin’s impact can go beyond banking to solve problems that traditional money creates. Like inflation for example. If governments need money, they can print it endlessly and that can fuel a price rise. But bitcoin can flip this script because it has a fixed supply of 21 million coins, making it inflation resistant.
Its blockchain technology can also revolutionise voting, making public funding more transparent and decentralising resource management.
But do you think we are ready for a system without gatekeepers?
Read the full story in today's newsletter!
https://finshots.in/archive/finshots-cracks-crypto-3-bitcoin-and-cryptos-beyond-money/
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