Why cryptocurrencies can change the life of developing countries users (using eggs as an example).

Hello there. We all know how crypto can change the world by fighting inflation and give people more control of their money.

But in order to change peoples lifes, first you got to have some fiat to invest.

We can give those persons a small amount of money with a certain currency.

So, I made some reasearch on what 1 dollar can mean for People in Venezuela, Nigeria and India. (I choosed Nigeria and India randomly and Venezuela is a prime example of inflation).

I used eggs as an example. Most people love eggs and they are one of the most common sources of protein in all cultures. They are delicious and cheaper than fish/meat. Go ask how to basic how amazing eggs are!

Venezuela

According to a report by Reuters a carton of 30 eggs was being sold for around 2.7 million bolivars, which is equivalent to approximately 0.64 US dollars at the black market exchange rate. This would mean that one US dollar could buy approximately 47 eggs in Venezuela.

Nigeria

According to a report by Vanguard News, a crate of eggs (which contains 30 eggs) was being sold for around 1,350 Nigerian naira, which would mean that one US dollar could buy approximately 9 eggs in Nigeria.

India

According to a report by The Hindu Business Line, a dozen eggs were being sold for around 75 Indian rupees, which would mean that one US dollar could buy around 9 eggs in India.

Think about it: Having a source of income unrelated to the government can be a game-changer in nations with volatile economy and currencies. They can acquire and hold value using crypto in a decentralized manner that is immune to wild inflation or shady political maneuvers.