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A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
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Interesting article on the Bitcoin and crypto industry in Afghanistan. "Afghans face a nationwide cash shortage, closed borders, a plunging currency, and rapidly rising prices of basic goods. An emerging crypto scene has helped some."
Interesting article on the Bitcoin and crypto industry in Afghanistan. "Afghans face a nationwide cash shortage, closed borders, a plunging currency, and rapidly rising prices of basic goods. An emerging crypto scene has helped some."
For many Afghans, this week has laid bare the worst-case scenario for a country running on legacy financial rails: A nationwide cash shortage, closed borders, a plunging currency, and rapidly rising prices of basic goods. In some ways, it’s a perfect test case for the usefulness of bitcoin and other cryptocurrencies. CNBC spoke with several Afghans who are using crypto to learn how they got into it, how it’s helping them, and barriers to further adoption.
For many Afghans, this week has laid bare the worst-case scenario for a country running on legacy financial rails: A nationwide cash shortage, closed borders, a plunging currency, and rapidly rising prices of basic goods. In some ways, it’s a perfect test case for the usefulness of bitcoin and other cryptocurrencies. CNBC spoke with several Afghans who are using crypto to learn how they got into it, how it’s helping them, and barriers to further adoption.
Adding this comment late, but this is a very worthwhile story to read, especially if you are in parts of the world where you take the basics for granted
Adding this comment late, but this is a very worthwhile story to read, especially if you are in parts of the world where you take the basics for granted
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