Technology
Tech can be considered the application of scientific knowledge to:
- The practical aims of human life or
- To the change and manipulation of the human environment
From Britannica, adapted.
As such, technology can be considered a tool that genuinely helps humans thrive and prosper.
How tech can help entire countries
Developed countries had to go through many steps to achieve their current level of progress.
Countries that are now modernizing and growing can 'leapfrog', meaning that they can skip some of those steps, and upgrade right to the most modern technology.
The enormous benefits of leapfrogging
- Saving lots of money in infrastructure
- Growth can be made to be environmentally sustainable
- In general, avoid many other mistakes done along the way by more developed countries
Real example
The biggest, real example of leapfrogging can be found with mobile phones!
Many countries didn't have to go through the process of building fixed-line phones, and now many people in those countries have access to calls, messages and internet via satellite, which saved them lots of money and resources!
How tech and crypto help individuals
Microcredit is, literally, a Nobel Peace Prize level idea, because it creates a lot of opportunities for poor people to, for example, expand their crops, start a small business, etc.
And crypto can enhance this already great idea, by allowing everyone to use it as collateral on loans and by providing platforms, like Steemit, where users can make some extra income just by blogging!
Conclusion
Nothing else developed by humans has come close to being as powerful in creating income and business opportunities as modern tech. As such, we have to use it to help lift more and more people how of poverty!
If you know of any more plans to alleviate world wide poverty, leave it the comments!
Thanks for reading!
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But, after all this, What does it mean to be poor?
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Cryptos are already helping the less fortunate in many countries through remittances from family and friends. Often across international borders, these needed funds find their way to the recipient safely and at a fraction of the cost of traditional bank operations. It is one of the reasons that many smaller or disadvantaged countries are adopting Bitcoin and cryptos at a faster rate than western countries.
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