Bitcoin is Growing Rapidly in the Developing World, But Who is Using It?

Bitcoin’s ability to help the economies of the developing world represents one of the cryptocurrency’s most promising characteristics. Advocates point to the low cost of remittances, the ability to provide financial services to the unbanked, and even the use of Bitcoin as a humanitarian aid as just a few of the means by which Bitcoin can benefit the global poor. Whereas the potential of Bitcoin in these areas is very real, of equal promise is its use by the middle and upper classes i