People who need Bitcoin the most ‘can't afford $10,’ says Boring

Perianne Boring, founder and CEO of The Digital Chamber, believes that despite Bitcoin’s growing adoption, it has yet to reach the people who would benefit from it the most.

Speaking on Roundtable with host Rob Nelson, Boring noted the need for broader accessibility, especially for marginalized communities.

She highlighted her involvement in the documentary God Bless Bitcoin, which aims to make the moral and ethical case for Bitcoin.

“We raised over $6 million for this documentary — it is the number one well-funded documentary ever made for Bitcoin. And we released it for free,” Boring said. “The people that are going to benefit from Bitcoin the most are the people that can't afford to pay $10 to go to the movie or to buy this type of educational content.”

She stressed the importance of crypto leaders reinvesting in education to ensure that Bitcoin reaches more communities. “We have hardly scratched the surface as a community of reaching those people,” she added. “We need to keep giving back, and education is critical to that.”

Crypto as a tool for financial empowerment

Wendy, a crypto educator, echoed Boring’s views, stating that Bitcoin’s true power lies in its ability to provide financial autonomy to people from all walks of life.

“I come from a demographic of people that don’t necessarily make it, just due to how I grew up,” Wendy said. “Because I found crypto, it actually enabled me to self-educate myself. And with the power of self-education and the lack of barriers and all the red tape, people can truly thrive.”

She pointed out that traditional financial systems create unnecessary restrictions that limit access to wealth-building opportunities. “That’s why I’m so passionate about retail investors having the same access that accredited investors do. Just as long as they’re able to showcase that they understand what’s going on and the risks involved, there’s no reason why we cannot allow these people to continue to come in,” Wendy added.

More on-ramps are needed

Nelson raised concerns about the limited number of accessible entry points for people looking to enter the crypto space.

“We need more on-ramps,” he said. “Right now, yes, if you go in any bad neighborhood in America, there’s probably a Bitcoin ATM inside a gas station. Great. You’re going to pay a lot for that, but we need more accessible options.”

The panel agreed that providing low-cost, accessible education and tools would accelerate Bitcoin adoption among underserved communities. Wendy stressed that crypto provides an alternative to social programs that focus on identity rather than merit.