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Why Cryptocurrency Still Matters — A Lifeline for the Developing World

  • Writer: Silivere Bakomeza
    Silivere Bakomeza
  • Mar 29, 2022
  • 3 min read

Updated: May 5


I was born in Congo and raised in Rwanda—two places where poverty is real, and access to financial tools is a luxury, not a given. I know what it means to grow up watching people work hard but remain locked out of the system.


So when I say crypto could be a lifeline for the developing world, I’m not speaking in theory—I’m speaking from experience.


In 2025 and beyond, we’re still early. Cryptocurrency isn’t just about tech or trading—it’s about giving people a real shot at financial independence. In this post, I’ll explain how crypto is already changing lives across Africa, Latin America, and Asia—and why it fits perfectly into the broader mission I’m living and documenting every day.


  1. Access Without Banks


Over 60% of people in developing countries now have internet access—most through smartphones. That means even if you can’t walk into a bank, you can download a crypto app.


Crypto.com gives you access to crypto and stocks, plus cashback rewards with their Visa card—all from your phone.


No paperwork. No waiting. Just access.


  1. Fighting Corruption With Blockchain


Corruption steals more than money—it steals futures. But blockchain keeps a permanent, public record of every transaction, making it nearly impossible to “misplace” government funds or foreign aid.


Imagine tracking every dollar spent on schools or roads in real-time. With smart contracts and crypto wallets, that future isn’t far away.


This same technology is what keeps me accountable in my own journey. I document every step, every investment, and every milestone.


  1. Beating Inflation With Bitcoin


In countries where inflation can wipe out savings overnight, crypto offers a digital escape hatch.


Bitcoin, for example, is capped at 21 million coins. It can’t be printed into oblivion like some local currencies. In fact, I treat my $MSTR investment the same way—as a long-term hedge against inflation and a store of value.


If you want to start stacking too, Coinbase is a great place to begin. Easy to use, beginner-friendly, and you get a bonus after your first qualifying trade.



  1. Lower Fees for Global Transfers


Foreign workers sending money home lose billions each year to high remittance fees. But crypto slashes those fees down to almost nothing.


You can send money instantly, directly, and securely with apps like:




No middlemen. No borders.


  1. Fueling Entrepreneurs



Crypto lets small business owners transact globally. No gatekeepers. No ridiculous bank fees. No waiting for approvals.


You can accept crypto payments, convert them into your local currency, and grow. I’ve seen it firsthand—street vendors, online freelancers, and small importers using USDT, BTC, or BNB to stay afloat and expand.


The same mindset drives my own plan. I’m building wealth not just for me—but to inspire others who come from places like I did.



  1. Real Financial Inclusion


In the West, we take banking for granted. In many parts of the world, banks are exclusive clubs. You need documents, minimum balances, and permission.


With crypto, all you need is a phone.


You can trade, save, invest, and even build a track record to access microloans—without ever stepping into a bank.


That’s not just innovation. That’s justice.



Final Takeaway — It’s Bigger Than Crypto


Crypto isn’t a get-rich-quick scheme. It’s a tool. A bridge.


And it’s the same bridge I’m walking across every day—documenting my $50/day investment into $MSTR for 20 years as a case study of what discipline and conviction can do.


If you’re from a country like mine—or even just starting from zero in a system stacked against you—this post isn’t just theory. It’s a roadmap.


Let’s build.


Tools I Personally Recommend


Crypto.com: Stocks + crypto in one app

Cashback Visa card, global access Sign up now


Coinbase: Great for beginners

Simple interface, $10 BTC bonus Join here


Some links above are affiliate links. If you use them, I may earn a commission at no cost to you. It helps me keep this journey alive and public.


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Let me know if you want a version with visual callout boxes, shareable tweet threads, or a printable PDF lead magnet.

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