Can Bitcoin help poor countries?

[Noctis Connor]

it might be a useful way to earn money for the citizens of these countries since the BTC world is filled with earning opportunities, it also can help countries under economical restrictions since this is an open-source currency and every country can get it and send transactions with it.

Yeah bitcoin might help people to have money everymonth if they are going to learn more about bitcoin because i am also a poor and i start using bitcoin where i can earn not that much atleast i can say that i earn and i hold my bitcoin to invest so that i can grow more countries are banned bitcoin for some reasons

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[bravehearth0319]

Can Bitcoin or any other altcoin help poor countries?
how? what can be done?

Bitcoin cannot help I think the poor countries. But if all citizens in the poor country will open their mind into this kind of digital currency that poor country might gonna be have a chance to be free in poverty and help their government in some other aspects of bitcoin.

[chixka000]

I think if we are going to pursue mining then it can really help some poor people, if someone can provide them things they can used for mining and teach them how it is easily done. You don't have to be smart enough to mine in my own opinion

[rababo]

In my opinion, of course it can. Bitcoin is just another form of money. We can make a project like donation or charity program and the donatur donate with bitcoin. And the program target is to help people in those poor countries.

[thepo1m]

Yes, is even evidence in countries like Venezuela, Brazil, Argentina and Nigeria, it helps in remittance payment, against Government  regulation  (Uber in Argentina) and again as a save haven when the local currency take a dive against dollar

[pocarime32]

I think yes. People that jobless in poor countries can find a job or at least can earn money with bitcoin. So that jobless people can earn money and can earn a living with bitcoin.

[iqlimasyadiqa]

I think it's very possible. the severity and ease of bitcoin, some people who live in poorer areas can make their work more widely.
they can work online with bitcoin trading. it will help them become better economy.

[krunox123]

Can Bitcoin or any other altcoin help poor countries?

No, obviously.

how?

Well, I, uh...

what can be done?

It just can't. Unless, well, if you knew how to 'exploit' the Bitcoin, in some way, that could beneficial the "poor countries".

[airsounds]

Can Bitcoin or any other altcoin help poor countries?
how? what can be done?

Bitcoin cannot help I think the poor countries. But if all citizens in the poor country will open their mind into this kind of digital currency that poor country might gonna be have a chance to be free in poverty and help their government in some other aspects of bitcoin.

of course it can, it offers countries a decentralized currency that a lot of people would like to use for sure, and it is really easy to be honest

[rinhunter]

certainly, bitcoin easily obtained. i think this would help people in the poor country who don't have a job.
because in poor country too hard to find a job.

[gilangIDR]

I think it's very possible. the severity and ease of bitcoin, some people who live in poorer areas can make their work more widely.
they can work online with bitcoin trading. it will help them become better economy.

correctly . with bitcoin then everyone can work whatever. they will be easier to get a job. because the main factors of a country to be poor is the least employment.

[Ayers]

if many poor people hold bitcoin and then the price skyrocket because rich people buy bitcoin, i think yes, because those poor people will become rich, the same can be true if a nation will adopt bitcoin, and it's a poor nation

[PremiumCodeX]

BTC enables people to do transactions with each other from different sides of the world. It does not grant more people internet access, but people who have internet access can deal with far away companies easily thanks to BTC. That is very good because individuals of a poor economy can invest into cryptocurrency that could have a relatively high return.

[jack1111]

Can Bitcoin or any other altcoin help poor countries?
how? what can be done?

From my point of view , Bitcoin can be used either for help poor people or help evil people , it is like any currency but Bitcoin can be untraceable , and this feature used to support many illegal actions , even Bitcoin used for supporting the terrorism in europe and the middle east according to some reports , that can not eliminate the useful and important optiones which Bitcoin provide in the legal cases .

[Supercrypt]

Can Bitcoin or any other altcoin help poor countries?
how? what can be done?

I do agree that bitcoin can help poor people but I don’t think that bitcoin as well as other cryptocurrencies have any solutions for the poverty of some countries. They can easily make money by doing some online jobs or some simple things that don’t charge any extra fees and if they have a little bitcoin then they can use it to invest.
However, on a bigger scale like a city or a country, bitcoin hardly do anything to save that city or country out of poverty.

[Makisim]

When a poor country use the bitcoin as the main currency, there will be inflation, people will not be robbed by inflation.

[shield132]

I think that not only bitcoin but very big bitcoin datacenter can help poor countries to become more famous and develope their it skills and thing about bitcoin. For example BitFury opened a one of the biggest datacenter in georgia, so many people now know more about this country and there is a chance of more investors.

[btccashacc]

Can Bitcoin or any other altcoin help poor countries?
how? what can be done?

Yes, Bitcoin definitely can help people living in poor countries. Here are just two examples how:

1. People from poor countries can earn Bitcoin doing some services online (like coding, photoshopping etc.)

2. They can find something which is cheap in their country but is in demand in rich countries and sell it via post making profits.

Well, you also can do those even without use bitcoin as payment method or currency, so it don't change anything.
Maybe you should think if those poor people don't have internet connection or computer, how bitcoin can help those people?

I completely agree with you, i just don't get it why do people keep saying that bitcoin can help poor country, cmon bitcoin is just like money or other currency it doesn't make any difference at all, moreover bitcoin is decentralized so for the poor country that will adopt it i think this is not a good idea since bitcoin is uncontrolled, the government can't taxed it for any transaction you've done, they can't earn benefit from it obviously, even though the government do mining they will need more resources and capital to earn profit for support their country, just my thought.

[BitLinkInvestments]

Bitcoin can help countries depending on what they are trying to use it for.  For example the Ukraine was considering investing in Bitcoin to get around its economic sanctions with Russia.  This could definitely help out the Ukraine.  Greece also benefited from investing into BTC when their currency hyperinflated.

[hero1111]

Poor countries dont have tecnology and i think bitcoin is for hight tecnology because of bitcoin cant change anything for poor countries  so bitcoin cant help poor countries .