"Did you know that over 1 billion adults around the world don't have a bank account?
1. That's a staggering number of people who are left out of the traditional financial system, particularly in poorer countries where access to the necessary documents and infrastructure may be limited. #unbanked #financialinclusion
2. Without a bank account, it's much harder for individuals to save money, make payments, or access credit.
This can perpetuate a cycle of poverty and financial exclusion, especially in countries with high levels of income inequality. #poverty #financialexclusion
This can perpetuate a cycle of poverty and financial exclusion, especially in countries with high levels of income inequality. #poverty #financialexclusion
3. But there is hope! Decentralized finance (DeFi) is a new financial system that uses blockchain technology to enable transactions and services without traditional intermediaries like banks. #DeFi #blockchain
4. DeFi has the potential to bring financial access and opportunities to people who may have been previously excluded, even in poorer countries with limited infrastructure. #DeFi #financialinclusion
5. One of the key benefits of DeFi is that it gives people more control over their own financial lives and empowers them to participate in the global economy.
6. DeFi is still in its early stages, but it's already making a positive impact on financial inclusion around the world. #DeFi #financialinclusion"
• • •
Missing some Tweet in this thread? You can try to
force a refresh
