Where does bitcoin raise interest?

[bituperio]

I have been reading this "old" article from January from https://btcmanager.com/what-is-going-on-with-bitcoin-in-nigeria/ and it seems that bitcoin and cryptocurrencies tend to cause a deeper effect in two cases:
- Countries that see cryptos as a possibility to innovate and create a new economic sub-sector.
- Countries with governments that serious corruption problems.



Letonia would be on the first group, as it has been the first European Country to offer a European e-residency, Scandinavian countries as usual have a very open attitude and in front of them we see South Africa, Ganna and the most radical example, Nigeria.

Do you think cryptos will eventually have such a strong effects on the rest of the economies?

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[Glorious04]

I have been reading this "old" article from January from https://btcmanager.com/what-is-going-on-with-bitcoin-in-nigeria/ and it seems that bitcoin and cryptocurrencies tend to cause a deeper effect in two cases:
- Countries that see cryptos as a possibility to innovate and create a new economic sub-sector.
- Countries with governments that serious corruption problems.



Letonia would be on the first group, as it has been the first European Country to offer a European e-residency, Scandinavian countries as usual have a very open attitude and in front of them we see South Africa, Ganna and the most radical example, Nigeria.

Do you think cryptos will eventually have such a strong effects on the rest of the economies?

I think it depends on how they would embrace cryptocurrency. If they will be open enough for new innovative projects which connects to cryptocurrency maybe it will make a big breakthrough to their countries economically. If they will be closed minded then those who will have the chance and those who wont will lost the chance.

[bituperio]

What I mean is that it seems that Bitcoin is more attractive to people and governments that are keen on chaging the current statu-quo either out of necessity or out of will to advance.

[BarbusseH]

In countries with high inflation. In rich countries, whose residents have money for which they can risk.