Why Kamala Harris Needs to Embrace Crypto (time.com) | |
> Citizens of, say, Argentina or Afghanistan grasp the promise of crypto more easily than Americans, who enjoy a stable currency and safe and robust financial systems. Roya Mahboob, the Afghan entrepreneur whose girls robotics team made news in 2017, told me that Bitcoin was the solution in 2013 when her blogging platform faced challenges paying its women bloggers who didn't have bank accounts or whose payments would get confiscated by male relatives. Argentine entrepreneur Wences Casares has shared with me that a non-governmental money outside the control of the banks would have helped his family, who lost their life savings multiple times during periods of Argentina's hyperinflation. **Surely the notion of a financial instrument and technology benefiting underserved populations resonates with progressive and liberal values.** Surely it SHOULD resonate. The question is: why doesn't it? | |