News about Financial System

by COINS NEWS - 2 years ago

1.1 million Salvadorans have been connected to global financial system by Bitcoin in 10 days. Traditional banking system only managed to serve 2 million Salvadorans in 40 years. How is Bitcoin banking the unbanked in El Salvador?

El Salvador has a population of 6.5 million people. The traditional banking system only serves 2 million people. 4.5 million Salvadorans have no bank account. They were completely left out by the banking system. Not having a bank account means these...