WE NEED

TO BANK THE UNBANKED

For 953 million people in 20 countries with weakening currencies, Bitcoin represents something greater than a treasury asset. For them, it's more like an ark of encrypted energy to escape the flood.

~ Michael Saylor
CEO of Microstrategy

As of 2024, approximately 25% of the adults in the world are unbanked, about 1.4 billion people!

This means they have no access to banking services and cannot use ATM's, debit cards, credit cards or checks.

In addition, they are not able to get loans to start a business, to buy a car or a house etc.

Sending and receiving money, or cashing checks, is expensive.

They have to use money-transfer and check cashing services like Western Union, that charge high rates and take time to process.

It is especially expensive for people sending money home to their families in other countries (remittances), which can cost up to 10%, or 12% via a bank.