Here are all the ways bitcoin could help address income inequality in the 2020s Weng Cheong Bitcoin is making a breakthrough within developing countries. Chris Weller/Business Insider As US income inequality reaches a record high, many wonder how blockchain technology and bitcoin fits in the equation. Digital currencies have the potential to bridge the global wealth gap, hedge-fund chief Mark Yusko told Business Insider. Developing regions throughout Southeast Asia, Latin America, and Sub-Saharan Africa have had exposure to blockchain technology since 2017. Charity organizations that use cryptocurrencies are focused on helping people build credit, access loans without a bank account, and receive bitcoin dollars that turn into resources like clean water. This article is part of Business Insider's ongoing series on Better Capitalism . Visit Business Insider's homepage for more stories. The mysterious nature of bitcoin has led to common misperceptio...
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