[elmar]

Great article!

Bringing financial inclusion to the billions of unbaked it's the biggest unfulfilled promise of cryptocurrencies.

For it to work it must be engineered on the protocol level for this use case, I think Cardano is trying to solve this problem.

The store of value and savings part it's more or less easy to solve, the big problem is the lending without a stable coin it will be very difficult to implement, big Fiat currencies like the Dollar and the Euro have the powerful backing of a central bank and ultimately the collateralization of all the taxpayers as a protection against high volatility and black swan events, this will be very difficult to implement in crypto, MakerDAO is tring to do it but I don't see it working on a big scale.