Why Millionaire Wences Casares Thinks Bitcoin Has the Power To Break Cycle Of Poverty

in cryptocurrency •  7 years ago 

Images source: Business Insider 

As we know that Wences Casares usually speaks about the poverty and poor people. He is not just a sensitive man for poverty but he experienced the particular condition. There is a valley in Argentina which is called the Argentina-born serial Silicon Valley. This valley encourages the investors and Bitcoin entrepreneurs as well. This valley is almost twenty miles far from the nearest neighbor and almost hundred miles from the nearest town. Mr. Wences is examining the lives of the people. Moreover, he is watching how they are losing their savings.

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Image source: Crypto Kronos

After having the whole examination of the lives of his family, he has launched a successful development firm. The particular firm was related to video games. After that, he decides to take another step which is related to the retail bank. His retail bank is growing day by day. Now it has more than seventy-five thousand branches in all over Brazil. There are fifteen million customers with their first account in the whole branches of the bank. 

His purpose is to help out the people after establishing the bank in Latin America. When he understands the people and their financial condition then he has become very sensitive regarding the needy people. Moreover, he has become very popular when he started first internet services in the Latin America in the meanwhile he launched the Internet-based financial services portal as well. These two services which are very awesome in the respective claim and these services create millions. 

These services are not the end of the Wares career. He adopts the Bitcoin when nobody is taking the interest in the Bitcoin. Moreover, he has become miner of Bitcoin. He considers that Bitcoin is marvelous currency ever in the world. Actually, its transfer is free and it is a guarantee of its value. Moreover, he thinks that digital wallet is fully secure from the stealing persons.

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