Toward a New Economy: Cryptocurrency and International Development

 

Bitcoin, the most popular cryptocurrency, has been touted as an amazing solution for those without easy access to a traditional bank. While it certainly opens up opportunities for people in developing nations who otherwise have to rely on third parties to help them receive and transfer money, it is not a cure-all. Plus, there are environmental implications to running all of the servers needed to mine Bitcoin. So, are cryptocurrencies worth it?

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