Is virtual currency up to the task to aid the financially underserved or does it not have the right tools? Virtual Currency Today talks with Uphold vice president of product Byrne Reese to discover the answer.
Zimbabwe residents recently went through horrific hyper inflation, which eventually led to the abandonment of their national currency altogether. Bitcoin could be the solution not only to Zimbabwe's problems but those of financially underserved populations in Africa.
Many believe that virtual currencies can provide great utility for those without bank accounts – expanding opportunities, helping to raise the standard of living, and boosting global economic growth along the way.