Dumped my Cardano last year when the founders felt that it was more important to be doing more feel-good woke shit in Africa rather than working on improving the software.
They're are doing both. I don't see a problem with what they're doing and they are not a woke brand from what I see.
The biggest benefits of crypto will come to the poorest in the world (which is in Africa). There is not a better use case for crypto than showing that it can be used to create a more capitalist free market system and raise the least wealthy in our society (by eliminating fraud in many areas).
It estimated that $10 Trillion of resources and real estate is locked in Africa due to poor documentation and overpriced loans (some areas want 300% collateral for you to take out a loan over there). Cardano can help unlock this wealth and provide more resources worldwide for everyone.
Change the system and you can better incentivize the people. If anything could change that, it'll be crypto. If not then it will still benefit the rest of us just like every other time in history.
The culture is deep rooted and it is dumb but a big problem with it all is corruption does not allow actually useful people to survive and thrive more. A secure blockchain takes care of a lot of the corruption problems.
Dumped my Cardano last year when the founders felt that it was more important to be doing more feel-good woke shit in Africa rather than working on improving the software.
They're are doing both. I don't see a problem with what they're doing and they are not a woke brand from what I see.
The biggest benefits of crypto will come to the poorest in the world (which is in Africa). There is not a better use case for crypto than showing that it can be used to create a more capitalist free market system and raise the least wealthy in our society (by eliminating fraud in many areas).
It estimated that $10 Trillion of resources and real estate is locked in Africa due to poor documentation and overpriced loans (some areas want 300% collateral for you to take out a loan over there). Cardano can help unlock this wealth and provide more resources worldwide for everyone.
Africa will never do anything for themselves. They’ve been in the same place for all time. Crypto won’t change that
Change the system and you can better incentivize the people. If anything could change that, it'll be crypto. If not then it will still benefit the rest of us just like every other time in history.
The culture is deep rooted and it is dumb but a big problem with it all is corruption does not allow actually useful people to survive and thrive more. A secure blockchain takes care of a lot of the corruption problems.
All you’ll change is giving different resources to people in power