Can Bitcoin help poor countries?

[Aamir1]

Actually poor countries have really corrupt government and unstable economic system so all share markets are manipulated by rich guys so bitcoin can be option for those citizens to hold their money in the form of bitcoin and don't get affected due to such manipulation.

Thats right, if a country or the its people are getting effected by the corrupt government then bitcoin can really be a big help for those people as they can keep whatever they have in bitcoin without anyone getting aware of it because bitcoins is totally anonymous, and the money they keep in bitcoin can also generate them profits with the time as the price of it is growing from start till now.

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[Xester]

I am sure of it that Bitcoin can help some poor countries but if it is willing to do that and how they would do that are two different questions. But I know that Bitcoin is capable of doing something like this now or maybe even in the future.

Yes bitcoin may possibly help but not totally. Only few people I guess. Well if we speak of third world countries majority of the population are less averaga and has no access to internet and cannot afford to buy android phones or computers.An given that facts only those poor people who have knowledge on computer and cryptocurrency can enjoy the benefits of bitcoin. I am thankful to bitcoin though were poor but bitcoin has given me potential income for my family.

[Caladonian]

Actually poor countries have really corrupt government and unstable economic system so all share markets are manipulated by rich guys so bitcoin can be option for those citizens to hold their money in the form of bitcoin and don't get affected due to such manipulation.

if we can open their minds maybe we can help but for us who lives in this third world country it is hard to convince them to adopt
unless we can show big proof and allowed them to explore, hope it will revolutionized and help my nation in the near future.

[stadus]

Actually poor countries have really corrupt government and unstable economic system so all share markets are manipulated by rich guys so bitcoin can be option for those citizens to hold their money in the form of bitcoin and don't get affected due to such manipulation.

if we can open their minds maybe we can help but for us who lives in this third world country it is hard to convince them to adopt
unless we can show big proof and allowed them to explore, hope it will revolutionized and help my nation in the near future.

That's true, people are more reactive than proactive, maybe if there is a reliable endorser of bitcoin like a celebrity people will listen but with ordinary people like us they will hesitate to listen and eventually we cannot attract them to adopt.

What there concern is to make money in an easy way but bitcoin is complicated at firsts but with pure interest you will understand it sooner.

[TastyChillySauce00]

Actually poor countries have really corrupt government and unstable economic system so all share markets are manipulated by rich guys so bitcoin can be option for those citizens to hold their money in the form of bitcoin and don't get affected due to such manipulation.

if we can open their minds maybe we can help but for us who lives in this third world country it is hard to convince them to adopt
unless we can show big proof and allowed them to explore, hope it will revolutionized and help my nation in the near future.

the actual thing is how they can use bitcoin because poor people mean can't even afford computer or even internet because in there this service is quite expensive,it's not about making them to explore bitcoin or whatsoever

[Labumi]

Actually poor countries have really corrupt government and unstable economic system so all share markets are manipulated by rich guys so bitcoin can be option for those citizens to hold their money in the form of bitcoin and don't get affected due to such manipulation.

if we can open their minds maybe we can help but for us who lives in this third world country it is hard to convince them to adopt
unless we can show big proof and allowed them to explore, hope it will revolutionized and help my nation in the near future.

That's true, people are more reactive than proactive, maybe if there is a reliable endorser of bitcoin like a celebrity people will listen but with ordinary people like us they will hesitate to listen and eventually we cannot attract them to adopt.

What there concern is to make money in an easy way but bitcoin is complicated at firsts but with pure interest you will understand it sooner.

All of that was true. but I believe if we do something it's good in a way to give aid or disseminate bitcoin to everyone in the world. then it won't be hard to do, the things we have to do is provide solutions to all problems that occur and don't ever expect to get the reward of all the things we do. because that would be considered something of a bad thing

[Betwrong]

I bet it can. Bitcoin is the most convenient thing for separate individuals living in those countries to earn some money.

The thing is that in reality the most part of the money from various charity foundations which go to poor countries are being seized by people who have the power and only a small fraction is going to really poor people.

But if the people from the poor countries have the opportunity to earn some amount in Bitcoin it goes directly to them and then it's a real help.

[diodio5]

Actually poor countries have really corrupt government and unstable economic system so all share markets are manipulated by rich guys so bitcoin can be option for those citizens to hold their money in the form of bitcoin and don't get affected due to such manipulation.

if we can open their minds maybe we can help but for us who lives in this third world country it is hard to convince them to adopt
unless we can show big proof and allowed them to explore, hope it will revolutionized and help my nation in the near future.

I think no need to bother to make their country accept bitcoin. you just need to make such citizens to work and earn a profit in bitcoin, it is highly likely that the economy of the citizens will be better and save their country?

[1Referee]

I bet it can. Bitcoin is the most convenient thing for separate individuals living in those countries to earn some money.

The thing is that in reality the most part of the money from various charity foundations which go to poor countries are being seized by people who have the power and only a small fraction is going to really poor people.

But if the people from the poor countries have the opportunity to earn some amount in Bitcoin it goes directly to them and then it's a real help.

It's very easy to say something, but it would be nice to see an actual explanation of how you think these people can benefit from Bitcoin, and in what way they could sufficiently earn Bitcoin for the long term.

[fatima zuhra]

yes i think bitcoin can help poor countries but not so. as you can see that poor countries cannot afford internet and computers therefore it is not effective in poor countries so much

[mirakal]

yes i think bitcoin can help poor countries but not so. as you can see that poor countries cannot afford internet and computers therefore it is not effective in poor countries so much

Internet are everywhere dude and computer are cheaper now and besides we can also transact using our cellphones, I do not think they will not know bitcoin if only they are interested with it, certainly it will help them if they have a husband working abroad and constantly sending money to them. I guess we just need to educate these people.

[Theb]

yes i think bitcoin can help poor countries but not so. as you can see that poor countries cannot afford internet and computers therefore it is not effective in poor countries so much

Internet are everywhere dude and computer are cheaper now and besides we can also transact using our cellphones, I do not think they will not know bitcoin if only they are interested with it, certainly it will help them if they have a husband working abroad and constantly sending money to them. I guess we just need to educate these people.

What they will be earning online won't even be enough for them to last 3 days or so. Ideally earning bitcoin online is a good thing but its not enough to make a fortune out of it. As bitcoin can only be food as a kind of side income in which you consider it as a way to add more funds for your daily needs. I hope they consider the time and expenses first before thinking going bitcoin full time.

[iqlimasyadiqa]

yes i think bitcoin can help poor countries but not so. as you can see that poor countries cannot afford internet and computers therefore it is not effective in poor countries so much

That is a major problem for poor countries. they have no means complete and support. for that, the first step is to provide a support device bitcoin. after that the country will develop because bitcoin.

[molsewid]

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

By trading yes but not the whole country but the living on that country if they using bitcoin then they can really make money with this coins bitcoin to us is making us more profitable and when we are going to do some activities that bitcoin are related and start earning those jobless and those who don't have job.

[mark coins]

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

By trading yes but not the whole country but the living on that country if they using bitcoin then they can really make money with this coins bitcoin to us is making us more profitable and when we are going to do some activities that bitcoin are related and start earning those jobless and those who don't have job.

It cannot help the entire country as most of them are not aware about bitcoins yet and don't know who to make use of it but it can surely help those people who are using it as it can give them source of income even if they are unemployed.

[Japinat]

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

By trading yes but not the whole country but the living on that country if they using bitcoin then they can really make money with this coins bitcoin to us is making us more profitable and when we are going to do some activities that bitcoin are related and start earning those jobless and those who don't have job.

The benefit that they can get is only for the transaction online, we know that bitcoin is very cheap when it comes to its fee, so people in poor countries will be able to save that amount and it will add on their budget the amount they were able to save.

[Gustavv]

yes, i think bitcoin can help some poor countries
we can sent it to their delegation and they can exchange it to their countries currency then distribute it to all inhabitant
or they can hold it for future plans

[moonya]

yes, i think bitcoin can help some poor countries
we can sent it to their delegation and they can exchange it to their countries currency then distribute it to all inhabitant
or they can hold it for future plans

How can we help the poorest countries through bitcoin. I am a bit do not understand the subject matter. Basically, when the money given by other countries to the people, they just do not reach.

[Corenin]

yes, i think bitcoin can help some poor countries
we can sent it to their delegation and they can exchange it to their countries currency then distribute it to all inhabitant
or they can hold it for future plans

Do  you really think that delegation will ever do that and who is going to send them bitcoins? And even if someone sends them there will be no official record of the amount sent and they might get busy in filling their own pockets.

[TheUltraElite]

yes, i think bitcoin can help some poor countries
we can sent it to their delegation and they can exchange it to their countries currency then distribute it to all inhabitant
or they can hold it for future plans

If they are poor countries they need to get the basic amenities first before knowing about bitcoin. That translates to fiat before you can buy food, water, medicine and then get your own computer/smartphone along with internet in order to do bitcoin transactions.

It is not happening anytime soon if the governments dont work on it