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Hey, bitcoiners, I want to
talk just briefly about what bitcoin can do

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for the poorest in the world.
Eradicating poverty is the UN's primary goal,

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not HIV, malaria, world hunger, or war. Poverty, and for

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good reason, being excluded from the
global financial apparatus is a major reason why

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the poor are locked into poverty.
About a third of the world's population three

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billion people are underbanked and underprivileged and
could be lifted out of poverty through financial

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inclusion. That's why bitcoin is a
great tool for eradicating poverty, as it

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helps include the unbanked in the global
financial market. To take part in the

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bitcoin economy, you don't need a
social Security number or an address. You

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don't even need a name. It
doesn't matter what country you're from and what

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religion you subscribe to, or what
level of education you have. It doesn't

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even matter if you don't have access
to basic financial services or even basic standards

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of living. It doesn't matter if
you live in a totalitarian regime where they

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try to make bitcoin illegal, or
even if you live in prison. All

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you need to take part in the
bitcoin economy is a cell phone and an

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Internet connection, and you become your
own bank. Actually, you don't even

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need a cell phone and internet connection, but it helps. Bitcoin is unstoppable.

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No one can interfere with your transactions. No one can confiscate your money.

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No government or bank can dilute the
monetary supply, making the currency worthless,

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as we've seen happen in Venezuela.
Bitcoin gives financial power to the people,

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regardless of who you are, and
the poor can leverage this with bitcoin.

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The poor who don't have access to
financial services can include themselves in the

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global financial apparatus. The oppress can
escape their country's government without removing themselves physically

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from the country. Completely neutral,
censorship resistant, immutable, and borderless digital

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cash with a fixed supply is a
huge, huge deal. That's a short

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one for today, and make sure
to subscribe to the podcast then join Iomi

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Appleberg explains bitcoin on Facebook and Twitter
Talk soon