There are billion of people who don't have access to banks and billion of households that are cut from financial system.
And people are talking about bitcoin and how it can help those who are unbanked.It could be possible and it could be difficult too.
It has been like 2 years I've held bitcoin.Cryptocurrencies are easy to transfer from one device to another as long as there is internet.And there is no third party involved.So no one can help you recover it if something goes wrong. And they are even complicated for safekeeping like cold wallet or paper wallet etc.
Currently I'm residing in a countryside where there is no single bank.No bank is operating due to safety purpose.So I have no local bank account.
And when considering about bitcoin and imagine if those village people are willing to try on using bitcoin, I have no idea.
