How Bitcoin Improves Financial Access And Inclusion

El Salvador’s decision to use bitcoin as legal tender in their country was recently celebrated by bitcoin HODLers around the world. Yet the International Monetary Fund (IMF) quickly expressed concerns about the legality of doing so. Was this simply a matter of traditional financial institutions guarding their fiat turf from bitcoin, a digital asset they don’t understand? How can bitcoin and its blockchain technology facilitate financial inclusion and benefit 1.7 billion unbanked people throughout the world?

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