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RE: Hive Is Changing Lives

in LeoFinance2 months ago

I find it also hard to believe that the common salary is 1$ a month! How can that be?! Anyway, great point; I was talking to @josediccus about the possibilities of fiat conversion. Seems like that it is pretty hard in a lot of countries, however:

https://peakd.com/hive-167922/@josediccus/defi-in-the-nigerian-space-controlling-finances-you-can-understand

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The government are trying to limit the possibilities that blockchain, DeFi and Crypto will bring.

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That is happening in many places across the world. Crypto and blockchain need to keep building to counteract that.

In the end, we will see who wins the race. The push towards decentralization keep happening whether they like it or not.

It will be interesting to watch.

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interesting to watch, but the ones whose lives depend on it probably won't look at it from an armchair position

That is how it usually works @tobetada.

Those who truly need it won't engage.

Sad but that is how it works out.

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I find it also hard to believe that the common salary is 1$ a month! How can that be?!

A hyperinflated currency that is near worthless due to a total collapse in confidence in the government and, hence, the economy.

There are a lot of areas where this can all help. Of course, the developed countries have people struggling so it is something that is beneficial there also.

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