# Community Panel

- Speakers: [Aqeel Mohammad](https://streameth.org/speakers/aqeel-mohammad)
- Event: [Conflux - Web3 UX Unconference](https://streameth.org/devconnect/conflux__web3_ux_unconference), Istanbul, Türkiye
- Channel: [Devconnect](https://streameth.org/devconnect)
- Date: 2023-11-16
- Duration: 37:00
- Topics: cryptocurrency, Web3, adoption, UX design, financial tech
- Watch: https://streameth.org/watch/65b8f8c6a5b2d09b88ec0cc5

## Description

No description The video discusses various perspectives on cryptocurrency adoption, primarily focusing on improving user experience and reducing friction for users. It starts with a description of Kiwi News, a platform like Hacker News or Reddit for Web 3, emphasizing the importance of simplifying interactions with wallets and transactions to facilitate adoption. The conversation then shifts to the potential of B2B transactions in blockchain, highlighting how blockchain as a ledger technology can be particularly useful for trustless ecosystems and micro-businesses in need of credit.

One speaker, Kyle, brings up the necessity of concentrating on adoption to achieve network effects similar to major social platforms like LinkedIn and Facebook. This is contrasted with the idea that usefulness should be prioritized over adoption. There is also a discussion about whether financial use cases are sufficient for Web 3 adoption or if more focus should be placed on solving real-world problems.

The dialogue also touches upon the challenges in emerging markets like Turkey and Argentina, where crypto is used as a hedge against inflation and financial instability. The speakers explore how crypto can provide solutions for people in economies with limited access to traditional financial services.

Lastly, there is an emphasis on the responsibility of those involved in crypto to consider global inclusivity and ensure that underprivileged regions are not left behind. The speakers suggest that building robust applications suitable