The world is dominated by commercial exchanges made by money, every day money is used to carry out movements such as: buying food, paying for gas, buying a bus ticket to go to work, recharging and much more making the money is the most used king asset involved.
The world is evolving and so is money, whereas in the past paper money was the most used in these commercial exchanges today this dominance has been reduced with the increase in the use of digital money and with the consequent pandemic that has plagued the world in recent years , I speak of COVID-19, this trend will continue to increase because for the prevention of the disease it is very important that digital money is used and thus reduce the contagion caused by the transmission of the virus via paper money bills.
Obviously, the use of digital money is still not very prevalent in many societies (examples, from the Middle East, Africa and Latin America) where traditional services still use paper money a lot, this is because the development of this type of payment it is very scarce but there are work in order for this to change, also taking into account that it is in these regions where the flow of extreme poverty and knowledge is still a big 'headache' and it is necessary to change this trend because the population that lives in it is mostly young.
Why bet on these regions at the expense of others in the world
First, to say that the world suffers from extreme poverty, where most people live below $1.90 a day in sub-Saharan African regions referring to the suffering of children, youth and women (who together with children are the most vulnerable when it comes to extreme poverty) leading to problems such as hunger, curable diseases such as malaria being deadly, chronic malnutrition, varied health problems being the daily bread in these areas.
The predominance of an active but unemployed youth group in these areas leads them to try their luck elsewhere, leaving these regions and migrating to places that allow them to find sustenance to send to their families who live far away. As they cannot just return from work, they look for practical ways to provide their own, and the use of digital money becomes of added value for them.
Using digital money these young people can very well support their families without having to return home to do so, hence the great importance of teaching them how to use digital channels.
Not only Africa, Latin America and the Middle East suffer from poverty
Generally, when it comes to poverty, many people connote this problem to that part mentioned in the subtitle, but these regions are not isolated, since the world has more than 9.2%, that is, more than 650 million people living in this scourge. The United States also has this problem with people living under $33, which in the country generally does not serve the basic things of everyday life.
The problem of poverty is global but more prevalent in poor societies, because they lack a little of everything, but in developed areas it also exists and people suffer without knowing how to get around this situation.
How to get around poverty using digital money
The use of digital money does not circumvent poverty but gives the user the means to provide for his family no matter where he is, as long as he has the means to support them, they will always receive some value to maintain their lifestyle.
There are several types of digital channels to use: the traditional ones, such as the use of M-pesa in Africa, which are extremely centralized and with various types of limitations, and the innovative ones like Bitcoin Cash, which is decentralized digital money that practically serves everyone and has practically no limitations.
Centralized digital channels, example M-pesa
Digital monetary service under the responsibility of a mobile phone company that associates the phone number with a personalized wallet in which the customer, in addition to being able to make calls, can also make payments using the money in his wallet. Its use is practical, fast and dynamic but user need to open an identification document, the ID, and have credit and payment limits depending on the usage.
Very popular because of its way of using which is more convenient for those who do not want to form long lines at Banks and open a bank account. It is practically used all over Africa, even by older people, since its diffusion was very well planned.
Benefits:
...quick to open, open with less than $ 0.20, needs ID only and works in almost all commercial establishments.
Disadvantages:
...has usage limits, centralized, does not work internationally, and can only be injected money earned by the user working hard
Decentralized digital channels, Bitcoin Cash
Bitcoin Cash is decentralized digital money created in 2017 that is based on low transaction fees, quick payment confirmation and best of all, it has no owners.
Its operation depends only on the blockchain and can be used all over the world, from the moment the user has an encrypted wallet where he can receive the bitcoins and from there he can send, make payments or even save.
To open a Bitcoin Cash wallet, the user does not need any official document to do so and can use the BCHs obtained from it anywhere in the world, without restriction and in real time, that's right, he sent it and the person received it right away.
Using Bitcoin Cash to work around the world's poverty problems
The world is made up of around 7 billion people, the majority of whom suffer from the effects of poverty living below $1.90 and many governments do not adequately support these same people. As a result, young people, women and children suffer from this and the problem of hunger and health at a global level is stark and frightening.
Humanitarian organizations do their part, but it still takes a lot to do and lift the largest number of people off the threshold of extreme poverty.
Bitcoin Cash for the rescue
The Bitcoin Cash community is based on creating spaces where ordinary people can have a guaranteed income and help in the inequality of values in the world and who knows how to reduce the levels of extreme poverty in it.
With Bitcoin Cash it is possible to earn income honestly and contribute to families around the world to benefit from basic food baskets for their livelihood, as long as the user is not lazy they can earn money simply by creating digital content online:
Writing Articles
Using his effort and dedication the user can start creating online content to which he can receive between $0 to infinity (if we take into account that until today there have been authors who have earned more than $1000 with just one article) on dedicated platforms like read.cash and noise.cash that allows authors to earn money by promoting their work.
For this to be possible, the author only has to write original and exclusive content (first produced on the platforms) and wait for readers to appreciate and give their tips, but there is also the Random Bot that starts to distribute rewards every day to the creators content content on the platform.
Humanitarian organizations sponsored by Bitcoin Cash
The Bitcoin Cash community was committed to the world and the humanitarian aid part is also included and the work done in this area is to be commended, organizations like eatBCH Sudan and eatBCH Venezuela dedicate their time helping to alleviate poverty in the world by donating food and supplying one of humanity's biggest problems, hunger.
These organizations live off donations of Bitcoin Cash, the decentralized digital money, to maintain themselves and sincerely do an excellent job because where they are included many people benefit.
Projects that are created with the sponsorship of Flipstarter and Fundmecash
To help solve problems in the world, projects are funded by platforms such as Flipstarter or fundmecash, which are tools to help finance projects that really matter to the world and beyond, for the development of Bitcoin Cash itself as a global currency and so on. helping to create Start-ups that will therefore guarantee jobs for people and help to fight poverty in the world.
And not only that, there are also other ways to raise some money in Bitcoin Cash through Twitter, Reddit, Discord, Telegram (via chaintip a bot created for that purpose) and thereby greatly reduce the scourge of poverty in the world from the moment that the user is not totally useless and too lazy to do so!
Final considerations
To achieve greater coverage of decentralized digital money and not only in the world and thereby reduce the level of extreme poverty in various parts of the globe, a lot of literacy and commitment on the part of several people is necessary since governments are only interested in what they are can guarantee them a considerable return.
Zones such as Africa, Latin America and the Middle East are potentially good for the adoption of decentralized currencies such as Bitcoin Cash, as it is functioning as a universal means of payment and with the growing demand for 'free' currencies of human utility, Bitcoin Cash is positioned to dominate the Cash market and revolutionize the global payment system, and for having platforms that guarantee money in Bitcoin Cash is still very attractive for new enthusiasts.
Knowing that they can make money just by writing and commenting more people will join the community in a way to get around the various problems that poverty highlights in the world.
It is possible to have 7 billion users in Bitcoin Cash using decentralized digital money by paying extremely low fees, making wallets in their own Banks, but this will take time, but the purpose will always be realized and make Bitcoin Cash the number 1 in decentralized digital money on the planet.
It is something very presented and well explained from what Bitcoin Cash has benefited, I have benefited a lot and Bitcoin Cash has also helped me to get ahead and I really appreciate this