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RE: Overstock CEO talks Steemit, Poverty, and The Blockchain

in #cryptocurrency7 years ago

I think it can be used to reduce, not eliminate, poverty. If you look at Financial Inclusion in rural settlements with constrained Internet connectivity, a distributed ledger for financial inclusion mobile applications would empower and connect the rural settlers.

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Agreed, and that's part of the plan from what I understand. I think sometimes to really commit to what you're doing, you have to believe the impact will be greater than what it is. That said, I'm totally good with reduce, especially drastically reduce.