Why Bitcoin is Important for the Unbanked Population

Bitcoin is a decentralized currency and does not require a bank to issue. It is also not controlled by any government or central bank. This means it is resistant to political interference and cannot be shut down by the government.

Bitcoin has grown in popularity over the past few years, due to its many benefits. Including:

-Cashless - no fees involved when using Bitcoin

-No borders - you can use it anywhere in the world, as long as you have an internet connection

-It's fast - transactions happen every few minutes and can be confirmed within an hour (if confirmed)

-Safe - no middleman involved so your information can't be hacked or manipulated

The fact that Bitcoin has become more popular over time has led more and more people to accept it as a form of payment. The number of people using bitcoin payments has grown from about 1% in 2013 to 2% today. This increase in adoption means there will be more demand for merchants accepting this type of payment method as well as businesses looking to offer this option to their customers.