this is also why i like the idea of electroneum crypto, marketed specifically for mass adoption, and a patented, targeted mobile mining app to use in third world nations where banks are scarce and the benefit of crypto exchanges can be fully realized.
while steemit seems to favor the whales, the beginners on here can do quite well especially if the cost of living is much lower in certain areas... so in that respect, many countries have an advantage that way! :)