Bill Gates says digital currencies will help those in poverty

posted 7 months ago
Microsoft cofounder, and one of the world’s richest men, Bill Gates shared some of his thoughts on the financial system, digital currency, human resources and poverty. He said "Transforming the underlying economics of financial services through digital currency will help those who live in poverty directly, it will also support a host of other development activities including health and agriculture.”

Gates also said that poor people have assets: their intellect, their labor, their savings, but the problem is that they dont have financial tools to capitalize on these resources, they are trapped in an inefficient cash economy.
Tags: opinion, bitcoin