T here are approximately 7,000 different languages spoken worldwide. Although this diversity of languages is a great cultural richness for humanity, it also creates significant difficulties in terms of communication and access to information, especially in the digital age.
For example, more than 60% of the content produced on the internet is presented in English. However, billions of people who do not speak English are at a great disadvantage in accessing this content. Language barriers not only restrict access to information, but also prevent these individuals from fully participating in the digital world.
Video content is one of the most popular communication tools in the digital world. 6 hours of video are uploaded to YouTube every second, and there are 2.7 billion active users on the platform. However, since this huge pool of content generally appeals to a single language group, users have a very low chance of finding sufficient content in their own language. This situation negatively affects not only individual users, but also content producers and businesses.
Cryptocurrency and Language Barriers
Language barriers are also a major problem in the rapidly growing cryptocurrency sector on a global scale. Investors have difficulty attending AMA (Ask Me Anything) sessions or live broadcasts organized by projects, which leaves them without critical information.
Many crypto projects often use English as their primary language in order to appeal to a global audience. However, this can be a major disadvantage for investors who do not speak English. For example, investors in regions such as China, the Middle East, and South America have difficulty understanding project updates, whitepapers, and community events, and have difficulty finding this information in their own language.
This language barrier not only reduces access to information, but also reduces trust and loyalty in projects. Investors may lose interest in projects if they do not fully understand the vision or goals of the projects. Furthermore, not being able to actively ask questions or engage in community-focused events such as AMA sessions can lead to investors feeling left out of projects.
As a result, language barriers both restrict crypto investors’ access to information and reduce their interaction with these projects, creating a major obstacle to creating a more inclusive financial ecosystem. This situation directly affects not only individual investors but also the growth of projects that aim for global reach.