πͺ 10 years ago, Afghan entrepreneur @RoyaMahboob started paying her all-female staff in #bitcoin.
π¦π« It helped some of them to leave the country when the Taliban took power.
But she isnβt alone. Here's why Afghans are embracing #crypto. π
news.trust.org/item/202110102β¦
π¦π« It helped some of them to leave the country when the Taliban took power.
But she isnβt alone. Here's why Afghans are embracing #crypto. π
news.trust.org/item/202110102β¦
1β£ Failing banking system
π΄ In a country where most people donβt have bank accounts, many turned to #cryptocurrency to send and receive cash safely.
π± It was also a way for women to gain financial independence.
π΄ In a country where most people donβt have bank accounts, many turned to #cryptocurrency to send and receive cash safely.
π± It was also a way for women to gain financial independence.
2β£ Currency dive
π¦ Crypto is becoming increasingly popular for those in conflict zones or in nations with weak governance, according to tech experts.
π»πͺ In Venezuela, people have bought essentials with #dogecoin after the nation's currency went into freefall.
π¦ Crypto is becoming increasingly popular for those in conflict zones or in nations with weak governance, according to tech experts.
π»πͺ In Venezuela, people have bought essentials with #dogecoin after the nation's currency went into freefall.
3β£ Lifeline
πΈ Many use crypto to send remittances, support their families from abroad.
βοΈ Afghans with crypto wallets used them to leave the country when the Taliban took power.
π° People like Farhan Hotak, 22, saw it as an opportunity to make huge profits during lockdown.
πΈ Many use crypto to send remittances, support their families from abroad.
βοΈ Afghans with crypto wallets used them to leave the country when the Taliban took power.
π° People like Farhan Hotak, 22, saw it as an opportunity to make huge profits during lockdown.
π Adoption of cryptocurrencies is growing quickly across the world.
πΈπ» Last month, El Salvador became the first country to adopt #bitcoin as legal tender.
πΈ But it's not the only place in the world to adopt digital cash. π
news.trust.org/item/202102171β¦
πΈπ» Last month, El Salvador became the first country to adopt #bitcoin as legal tender.
πΈ But it's not the only place in the world to adopt digital cash. π
news.trust.org/item/202102171β¦
Do you believe that #cryptocurrency is becoming more accepted as part of daily life? π
π¦π« Read more about how cryptocurrencies like #bitcoin gained popularity in Afghanistan. π
news.trust.org/item/202110102β¦
news.trust.org/item/202110102β¦
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