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@cuphall
Can Bitcoin achieve financial inclusion by promoting micropayment systems? Bitcoin’s low transaction fees and decentralized nature make it a promising tool for enabling small-scale payments, especially in underserved regions. Micropayments—transactions often less than a dollar—can empower unbanked individuals by facilitating access to digital services, content, or peer-to-peer trade without traditional banking infrastructure. However, challenges like network scalability, volatility, and regulatory hurdles limit its adoption. Solutions such as the Lightning Network aim to enhance transaction speed and affordability, but widespread use requires user-friendly interfaces and stable value. While Bitcoin holds potential to bridge financial gaps through micropayments, its success depends on overcoming technical and economic barriers to ensure accessibility and trust for the global unbanked population.
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