bitcoin in developing countries

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I am persuaded that in wise and modern hands the Bitcoin and cryptocurrency can be highly positive and useful for economy

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[MrAntonius]

It seems to me that Bitcoin does not have a function of inflation in a priori. Unlike the Fiat currency of any country. Fiat money in most countries is tied to and dependent on the dollar. Bitcoin independent. This is his big plus.

[yanesna3]

Most developing countries do not yet have a stable economy. So if the government prohibits investing in bitcoin I think it is something normal. Because the government needs funds on real investment to strengthen the economy. If the public funds flow in bitcoin and no real investment it will disrupt the country's economy.

I think that the majority of the people from developing countries even do not know about Bitcoin and the cryptocurrencies. They are interested even not in having money on credit cards but in usual cash.

[wallstone]

at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?

As of now become popular especially to the developing countries. It becomes well known since it has been introduce to media through newspaper, television and internet. At the present I don't see any reason why it can caused an inflation or become any disrupt for the economy since bitcoin and the inflation is two different things. Let's not spread this kind of false news.

[perfect999]

In my country people and even government is understanding that bitcoin can be highly positive and useful for the economy and wealth

Bitcoin is helping such countries and the people who are living in such developing countries in a wonderful way and that there are likely chances that such countries will manage to improve their economy in a better way. With the passage of time, more number of people are getting to know about the crypto currencies and that they are getting motivated to invest in these coins, thus helping in improving the economy.

[davinchi]

Bitcoin has a good impact to our country, Because they help to earn even if we are atleast in home. Bitcoin help us to have a good life and also help interms of billing. Bitcoin save a lot of people for this kind of opportunity.

Anyone who will indulge into this market, especially bitcoin, is destined to become a millionaire if he handles his holdings the way they are supposed to be. If government of your country has allowed you people to earn money with the help of digital currencies, count yourself as the lucky one. Though BTC provides anonymity but it is just in transactions. Bitcoin has never disappointed his investors.

I totally concur with you because I have seen many people in my country who were initially unemployed or fired have changed their life for the better thanks to bitcoin. However, since bitcoin became so popular, which is a good thing for investors, my country's government has drawn attention to it and started to ban it. Although this regulation doesn't quite effective, the people here have quite a lot of difficulties doing anything with bitcoin. I hope they would change their mind someday.

I think the government is somehow threatened to what bitcoin can be more. Imagine the big change bitcoin had as it started up to now. We have to try to realize how big it has grown now regardless the ups and downs it experience nowadays. Bitcoin is a way for us to be successful in a way that we will never expect. Now if government will help us, that will be better then. However, it will take a lot of years before it may happen.

In developing countries Bitcoin is using as a source through which they can make their economies better as we know that with valuable coin one can get huge profit or maximum profit. Other countries which are developed are also applying this strategy and are benefiting their economies through Bitcoin while those countries which opposed the Bitcoin are still on their places.

[Osarman]

Exactly, news about bitcoin really spreads faster than anything in the business news. Many people are gradually becoming aware of the potentials of bitcoin and would like to engage in bitcoin matters. In the developing countries, standard of living and unemployment rate are very high and so many devote their time to learn and engage in matters of blockchain technology to earn a living.

bitcoin is really better when investing to developing due to its digital technology that help boost bitcoins widest coverage

We are observing that countries using Bitcoin for their businesses and transactions are now on the track of success. This success is stronger than that of the success of fiat currency as we know that the difference is clear, if you invest with a valuable currency then you will get more products and a less valuable currency gives you less product. These developing countries are now improving their economies and have an excellent time with the Bitcoin.

[bitcoinisbest]

I will say that it takes that solid wisdom and futuristic sight to accept and promote bitcoin in your country if you ask taht.

Government will their benefits and how much harm it can be done as this can be misused as well. SO no government would like that if they cannot curb it this can effect the economy or the people in their country and due to which they do not allow or may ban in developing countries if they fail to curb the misuse.

[redsun114]

In my country people and even government is understanding that bitcoin can be highly positive and useful for the economy and wealth

Then I am damn sure that your country is going to on the peaks very soon because in coming time, the whole world will be surrounded with BTCs and at that time, the countries that have accepted BTCs and have started using the in their needs, they would be much more relaxed and stress less because they will easily avail the opportunities that will be related to BTCs.

[Saiful Islam777]

Of course I think Bitcoin will play a lot role in the development of a country. Because Bitcoin operates their activities in development schools in different countries. In that case, the medium of problem is created and transactions are done.

[ronafurw]

at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?

Bitcoin is already popular in most developing countries. I know a lot of people that lives in developing countries and they all knows about Cryptocurrencies and are also making use of it. The good part is that most of them don’t even have any problem, and most of their governments are not against Bitcoin, rather they accept it with open hands. So Bitcoin is moving pretty fine in developed countries.

[Rosilito]

at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?

Well, it might somehow since bitcoin is money it would have indirectly affect the financial stuffs of the countries especially the bank companies or what so ever. On the other hand, bitcoin could lessen the amount of poor people in the country since bitcoin could provide a home employment therefore, it could provide own wages since bitcoin is for everyone thus it might end up for the result of decreasing the amount of poor people in the country.

[Lehbane]

at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?

if the people in developing countries have much money and try to invest the bitcoin, I think it can help them to get alot benefit. it is my opinion.

You could say that but aside from money if one country put enough effort like regulations to help all investors and traders all over their country then it is a good point for them to earn on crypto and not just focusing on Bitcoin, we have ETH and other top coins to have...

[JacobPeterzAnne]

The fiat system is the one causing the inflation’s all the time and manipulates.

[Sled]

at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?

Well, it might somehow since bitcoin is money it would have indirectly affect the financial stuffs of the countries especially the bank companies or what so ever. On the other hand, bitcoin could lessen the amount of poor people in the country since bitcoin could provide a home employment therefore, it could provide own wages since bitcoin is for everyone thus it might end up for the result of decreasing the amount of poor people in the country.

It will be hard for bitcoin to lessen the poor people in a country because if the poor people can't afford an internet and at least a decent computer then it will be impossible for them to work or get into the cryptocurrency world that might become the answer for them to create a path for them to improve their life. So i think that it is still depend on the capability of the people in a country if they can go into bitcoin.

[Smack 1]

at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?

Well, it might somehow since bitcoin is money it would have indirectly affect the financial stuffs of the countries especially the bank companies or what so ever. On the other hand, bitcoin could lessen the amount of poor people in the country since bitcoin could provide a home employment therefore, it could provide own wages since bitcoin is for everyone thus it might end up for the result of decreasing the amount of poor people in the country.

It will be hard for bitcoin to lessen the poor people in a country because if the poor people can't afford an internet and at least a decent computer then it will be impossible for them to work or get into the cryptocurrency world that might become the answer for them to create a path for them to improve their life. So i think that it is still depend on the capability of the people in a country if they can go into bitcoin.

it is very difficult for the poor to understand bitcoin because they need internet and computers. but if the government of the country legalizes bitcoin and makes bitcoin work. this will greatly help the poor to get jobs and create new vacancies for the poor and unemployed in the country.

[bowals]

i hardly think so because the developing economy dont even have "time" for bitcoin and co. There are so many issues they are dealing with. Most havent even caaught up to developed countries in terms of monetary policies and stability, to include blockchain technology? its like explaining the concept of blockchain to a toddler.

[Bellator]

at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?

Bitcoins presence in the developing countries could help its people to improve their lifestyle.If those people doesn't have the capacity to own a business then knowing bitcoin could really help it if they will put hard work on it because being deligent could change someones life,they can be victorious in anyways.It probably helps to developing countries when people make ways also to develop themselves first,things will follow where inflation of businesses happens that was good for the economy of a country.

[Clover_Faith]

at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?

There is a possible the bitcoin can developed our country but i thinl not fully supported because i think bitcoin is not enough to support the country as a whole, so maybe little by little.     

[Janation]

at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?

There is a possible the bitcoin can developed our country but i thinl not fully supported because i think bitcoin is not enough to support the country as a whole, so maybe little by little.     

Just how can this crypto currency develop a country? Are you misunderstanding the pitched topic by the OP? Bitcoin will be a good crypto currency if it is developed continually by the developers. Not only will be the transaction time will be reduced but I think in the future with a lot of users than today, there will be a huge development though it still won't help develop a country.