Just read Palestinians Are Using Bitcoin to Transact Across Borders Amid Conflict - Crypto Traders

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Wednesday 19 September 2018

Just read Palestinians Are Using Bitcoin to Transact Across Borders Amid Conflict

Palestinians Are Using Bitcoin to Transact Across Borders Amid Conflict

Palestinians Are Using Bitcoin to Transact Across Borders Amid Conflict
For a small but growing community of users in the occupied Palestinian territories of the Gaza Strip and the West Bank, bitcoin has become a lifeline. This would appear to solve a real problem for a population with restricted access to the global economy amid the ongoing conflict with Israel. Facts on the groundWhile sending or receiving bitcoin may be frictionless, on- and off-ramps just don't exist in the Palestinian territories. Ammous said it "completely misses the point to think of bitcoin as a payment solution that can be added onto existing monetary systems." According to World Bank estimates, 21 percent of Palestinians live below the poverty line on less than $5.50 a day.
Just read Palestinians Are Using Bitcoin to Transact Across Borders Amid Conflict Reviewed by Sébastien Deschamps on Wednesday, September 19, 2018 Rating: 5 Palestinians Are Using Bitcoin to Transact Across Borders Amid Conflict For a small but growing community of users in the occupied Palestini...

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