Developing countries using bitcoin: Is it possible?

[dKingston]

1. Most of the people in the poor countries don't know how to use a computer,
so they need to learn to use it. 2. Most of them haven't computers and internet.

So your is a good idea, but it involves a huge amount of money...

[GenieBTC]

Its never possible its only virtual currency

He who has little faith. So do you prefer it as virtual currency or you want it to be adopted by developing countries as their currency?

[RICHBOSS]

I dont hear people talk about bitcoin all the time. I hear the word "dollar" 50x a day.

[StallionOne]

What countries are included in the developing countries?

[ErnieBall]

What countries are included in the developing countries?

All rumors no official statement about this topic.

[shuideshijie12345]

The key is mobile phones. Mobile phones with cellular coverage and internet are more and more common in developing economies and are a lot more simple to use and affordable than home computers. Even without cellular coverage or service it is still a matter of just scanning QR codes until you do have service (of course this implies a certain level of trust with no confirmations). In the Infinitecoin project this is one of the areas we are trying to focus on. As a large cap altcoin, each coin is more numerous and affordable, and there is a new block about every 30 seconds so confirmations are fast. If you want to check it out Infinitecoin has an android mobile wallet in the Google play store. If you send me a PM I will give you a few so you can try it (please no addresses posted here it is against forum rules, and I will not pay anything to them).
https://play.google.com/store/apps/details?id=de.schildbach.wallet.infinitecoin

Ultimately a system that could reach developing economies could make strong independent cells of local barter economies that can still connect with the global economic system with ease. To country's with no banking system to speak of, this is a big opportunity to have access to the world economy.

Building a cell network is much less expensive than a copper or fiber optic network. Cell phone use is increasing dramatically in 2nd and 3rd world countries. With a trusted wallet a good portion of the developing world can all ready use bit coin. The biggest issue is educating them about it.

what

[Kawada]

Very nice idea but impossible on a worldwide level. Too many countries need something more important than Bitcoin at this moment.

[mllenios]

Very nice idea but impossible on a worldwide level. Too many countries need something more important than Bitcoin at this moment.

Couldnt ask for any more explanation after I read this.

[kuusj98]

Would be a way to gain some extra income lifting on the ever rising price of the Bitcoin.
We will see, Bitcoin will be used by many people in the future, and that is a good thing!