How can Bitcoin help the developing world?

[Powerpuff]

Poverty, corruption, inflation, and high unemployment levels are some of the problems that are common to developing countries around the world. Years of political instability and poor governance has plunged some nations into devastating economic crisis. With the fast-paced nature of growth and advancements in other more developed parts of the world, the prospects sometimes do seem bleak for these developing nations. However, the emergence of blockchain technology and cryptocurrency has brought renewed enthusiasm about the prospects of a revival in these countries.

Cryptocurrency can provide many solutions like Reduce Remittance Cost, Improve Financial Inclusion, Fight against Corruption.

 Read this for the Detailed explanation: https://medium.com/the-mission/how-cryptocurrency-can-help-developing-countries-2a720192ba6a

[eifer0910]

Bitcoin has many uses in our country so it also improved the living of all people who have uses bitcoin. First they pay their bills and their foods using bitcoin. They can do business by trading and investing uses bitcoin, It is also a mode of payment in our transportation here.

[AliMan]

Bitcoin has many uses in our country so it also improved the living of all people who have uses bitcoin. First they pay their bills and their foods using bitcoin. They can do business by trading and investing uses bitcoin, It is also a mode of payment in our transportation here.

Bitcoin can be very helpful to develop a modernized and systematic currency in the world. Bitcoin in the future will be used in any forms of transaction just like our old currency but of course, a way more systematic and easy. Over the country transactions can be done with any intervention like banks and remittance centers. Bitcoin can solve faking of coins and bills.

[dominional]

How can Bitcoin help the developing world? It will definately help because not all that are in developed countries are rich,  so many people need changes from developed countries.  The bitcoin will change people from poverty to rich

[Krillin61]

I want to try open Bitcoin Business. This cause I just have this question. I wanna know is Bitcoin can give a better world and future.

the bitcoin can be very helpful in the in world to make our world modernized. The bitcoin has so many uses which can help every countries and every people in every countries in terms of earning profits so it will turns people away from poverty.

[dammang]

I want to try open Bitcoin Business. This cause I just have this question. I wanna know is Bitcoin can give a better world and future.

yes bitcoin can give a better future and a better world too,because if bitcoin is legalize the taxes that government can get they use it for a project that the whole community can get benefits.

[JoshMart]

Indeed Bitcoin is a great help to a lot of people, it plays a big role in providing means of earning to many people from all over the world. It gives hope to people because it gives equal opportunity to all regardless of your race, age, status, educational attainment and all the other category that can be a factor for getting a job. As long as you are eager to learn and motivated to do be patient and persevere, Bitcoin will be able to give you a chance for a good source of decent income.

[The_prodigy]

39% of the World's Population does not have a Bank account. { 2 billion adults } .... You do not need to have a bank account

to use bitcoins, so this already solve one of the major problems these third world countries are faced with. People from 3rd

world countries, working in 1st world countries...can send money home, without having to pay 10% or more in fees to greedy

remittance companies like MoneyGram and Western Union. 

How can Bitcoin help the developing world? I think bitcoin can help the developing world into a developed world, because in bitcoin people can get job so that many unemployment peiple may have job and the world can be in progress getting a job is a sign of development, the bitcoin is a good help in developing world.

[MLBBPLG]

If you want to run a business in bitcoin, you should be prepared to go down and ride what you get later. in my opinion, bitcoin business is very profitable for the entrepreneur. but depending on what you want to open the business from bitcoin. if you want to open a business, I suggest to convert bitcoin to the original currency or to another coin

[jerowacik]

 I was literally refused the right to cancel my own bank account, face-to-face, until I made a massive ruckus and demanded to see the manager. Let me emphasize that, in many African countries, there is a total failure of national institutions due to corruption and incompetence. Since bitcoin makes you your own bank, many of the institutional deficiencies in developing countries could be short-circuited.

[wahyu5]

Bitcoins have an important role to play in making our lives easier. So you're thinking about what bitcoins give in our lives see how people have been successful in life because of bitcoins. Now they are no longer working hard and are happy to have their families around

Today, bitcoin has contributed much to the developing countries. It can eliminate unemployment, Many people have been successful after joining bitcoin investment. Their financial condition becomes better than before. Bitcoin operation directly supports and improves the country economy because many people involve in it either as full time job or as part time job.

[Hellokitty09]

Bitcoin helps the developing world in many ways. It creates job for people and reduce unemployment. In this way it effects country's economic. It helps in online money transactions.

Bitcoin can help developing world by giving a better future. By used of technology, bitcoin is the best example to earn money in online. Doing this, people turns away from poverty and having a good job so that unemployment will reduced. Everybody lives must be improved. Its good to hear that by using bitcoin, each one of us may developed our economy and our world.

[putriliesma]

If bitcoin has been received by all people and many countries. Bitcoin will easily grow and can be applied in any case in financial categories, sales, payment systems, business and others. Therefore, to develop bitcoin needs support from all aspects.

[anisuzzaman99apu]

Bitcoin help decentralise the world. But not only that it will encourage technology to evolve with Bitcoin.

[kakajones25]

Bitcoin has help in  developing the world in the area of job creation through trading to unemployed and also making individual to be rich thereby bring stability nations economy. Many people can afford what they can no afford before because of bitcoin trading and this bring development to the  world.

[The Alchemlst]

I want to try open Bitcoin Business. This cause I just have this question. I wanna know is Bitcoin can give a better world and future.

Yes it can very much do so, bitcoin has been changing a lot of lives of a lot of people positively and most of them are from literally rags to riches and just how these people inspires and help other through cryptocurrencies I'm sure the existence of bitcoin itself plays a great role in developing the every nation and not just improving the economy the world.

[Danish Mohiuddin]

In most of the developing world the Rate of interest for a loan is way to high, with prevalent corruption and lack of trust factor in play; Bitcoin can play an instrumental role in financing ones Entrepreneurial Venture and been self sufficient of ones own resource.With Trustless and decentralised finance available at hand one can serious can create an oppurtunitie for onself.

[COCOMARTIN]

it is extremely helpful in the development of the world through which it helps people to improve and facilitate earning money not when you are finished or you are not studying, No need for people to expand and work to see money.

[Chaelbrin]

Bitcoin will help the world to have a better and easier way of life having the Convenience of paying in just one click.

[Vincemanam21]

If a developing country does entertain or involved bitcoin in their economy while it is developing BTC will help the recipient to have an easy access in online transactions and the country will be more stable with BTC