Bill Gates: Banks Can, Should Take the 'Unbanked'

The video discusses Bill Gates' focus on finance to aid the world's poorest. Traditional banking is inaccessible due to high fees, so digital payment systems are being developed to provide financial services via cell phones. This digital revolution is transforming how the unbanked manage money, with countries like Kenya and Bangladesh leading the way. The use of cell phones for financial transactions is becoming common, offering innovative solutions for the poor.

What is one of the main reasons Bill Gates is interested in finance?

• To invest in new banks

• To promote cryptocurrency

• To increase his wealth

• To help the poorest access financial services

Which technology is being leveraged to provide financial services to the poor?

• Blockchain

• Mobile phones

• Credit cards

• ATMs

In which countries is digital finance beginning to take off, according to the transcript?

• Russia and Ukraine

• Brazil and Argentina

• Kenya and Bangladesh

• India and China

What traditional methods did the poorest use for savings before the digital revolution?

• Using credit cards

• Opening savings accounts

• Buying cows or gold

• Investing in stocks

What is expected to become common sense with the advent of digital financial platforms?

• Using cash for all transactions

• Avoiding digital payments

• Tracking spending patterns via mobile phones

• Investing in real estate