Cryptocurrencies could do better than mobile money in reducing global poverty

Crypto financial incentives not only represent cheaper transaction costs and offer smaller divisibility — but the potential to incentivise behaviour will enable global inclusive finance. FILE PHOTO | NMG

CAPE TOWN, South Africa --

Behavioural economics guru, Richard Thaler — this year’s Nobel Prize laureate in economics — has showcased that people are economically imperfect.

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Note: The results are not exact but very close to the actual.