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Bitcoin has increasingly been seen as a tool for financial inclusion, especially in developing nations where a large portion of the population remains unbanked or underbanked. Bitcoin's decentralized nature and the growing availability of mobile phones have enabled individuals in these regions to access financial services that were previously out of reach.
In countries like Nigeria, Venezuela, and Zimbabwe, where hyperinflation and economic instability have eroded the value of local currencies, Bitcoin has provided a lifeline for some. It allows people to protect their savings from devaluation and access global financial networks. Peer-to-peer Bitcoin trading platforms and mobile wallets have made it easier for the unbanked to buy and use cryptocurrencies.