Bitcoin-Backed Credit Offers Unbanked a Pathway to Financial Inclusion
The World Bank reports that 1.4 billion adults globally lack access to banking services. The current financial system, despite its extensive reach, fails to serve everyone adequately. Bitcoin-backed credit emerges as a notable solution to bridge this gap. Leveraging Bitcoin’s decentralized features, this approach can empower unbanked individuals, offering them a chance to participate in financial services. By integrating Bitcoin with innovative lending methodologies, we can foster financial inclusion. As awareness grows, potential users are encouraged to explore these new financial avenues designed to serve underserved populations.