Tag: developing nations

Trump's Bitcoin Play: Freedom or Foolishness? A Developing Nation's View

Trump's Bitcoin Play: Freedom or Foolishness? A Developing Nation's View

Imagine a village in sub-Saharan Africa. The sun beats the oppressive heat, and families can barely afford clean drinking water, if they can afford guaranteed electricity. Now, picture those same localities, but with enormous Bitcoin mining facilities assuming root. They’re sucking up the energy needed to pump that water, too....

Bitcoin's Power Play: How US Crypto Moves Could Cripple Developing Nations

Bitcoin's Power Play: How US Crypto Moves Could Cripple Developing Nations

Is Bitcoin really on track to replace the gold standard, or usher in a new digital code colonialism?The news is buzzing: the U.S. government, spurred on by potential executive orders and the siren song of a Trump 2.0 administration, is seriously eyeing a Bitcoin strategic reserve. And Binance, the crypto...

Crypto's Siren Song: Why Developing Nations Must Resist Decentralized Danger

Crypto's Siren Song: Why Developing Nations Must Resist Decentralized Danger

The hype surrounding cryptocurrency is deafening. Some say that it represents the future of all finance. This groundbreaking creativity will enable developing countries to escape the pre-owned paths of lacking and underbanked up with conventional banking. Donald Trump, who was previously a crypto skeptic, is now using his influence to...