How Bitcoin Fixes Foreign Aid Corruption

Let’s talk about the humanitarian case for bitcoin — specifically, how it solves issues of government corruption and how it improves the effectiveness of foreign aid.

Starting in the mid to late 20th century, western countries began investing heavily in foreign aid. Over the past five decades, wealthy countries have donated more than $4 trillion to poorer countries, with 60% coming from governments and the rest coming from private NGOs, private companies and charitable foundations.

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