bitcoin in developing countries

[bitbink]

Inflation in the country depends primarily on the actions (inaction) of the Government, and not on bitcoin. Bitcoin is good because it is anonymous and decentralized. This means that it can be invested regardless of the country of residence.

[Papaczed]

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?

      I don't think bitcoin or any other crypto currency has    something to do with the inflation  of the country instead I think the cause  of inflation is because  of the gross profit that the country is processing

[vladimirhf]

Unfortunately, in case of Television, the media channels are showing only negative things about crypto. This needs to be changed if we want crypto to be mass adopted.

since they have banks, visa as sponsors... this is hard to change

[vladimirhf]

According to the latest survey that more than 95% of bitcoin users are from developed countries such as Japan, USA, South Korea, Europe and so on, while only 5% are from developing countries, this is an interesting fact that developed countries give freedom to their citizens to use bitcoin while developing countries instead banned of bitcoin.

That is strange to hear that news as the amount of the users in developing countries are much lower. What will they do if they will not adopt this advanced technology. I think it is because of the lack of education about bitcoin in these countries. It is required by the governments of these states that they provide education of modern technology to their citizens.

people don't even have access to internet or computers in some places

[player1001101001]

Bitcoin is currently playing a very important role in developing countries. Because of the bitcoin, people are earning good amount of money as well with the help of btc the country is becoming more digital and also the country is connecting with other countries and sharing their businesses with each other.

[valentine401]

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 can develop the country in different ways, if there is a country that has the economy who is crashing then cryptocurrency might save it since people are investing most of their capital on bitcoins more than placing it on the banks.

[Jembut Ireng]

The thing that makes bitcoin development in developing countries is difficult is because of the many rules that limit even bitcoin banned in developing countries.

[GeniusAko]

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?

Most of the first world country are now accepting bitcoin as payment. Bitcoin has a good function in our economy and society, I think it is the reason why many countries are starting to legalize bitcoin in their country.

[Farhan786]

I think Bitcoin will continue economic stability and there will not be inflation due to Bitcoin in the country. People are always going to speed up new things, new possibilities, new worlds. I think people need to know about Bitcoin and understand its importance, I am sure they will have to start loving Bitcoin. But it may be later some year.

[Google+]

the development of bitcoin in some countries seems to still have some problems and some are already getting the legality so make bitcoin transactions become safe and comfortable if done in some countries that have received bitcoin as one of the payment.

[slyfox]

According to the latest survey that more than 95% of bitcoin users are from developed countries such as Japan, USA, South Korea, Europe and so on, while only 5% are from developing countries, this is an interesting fact that developed countries give freedom to their citizens to use bitcoin while developing countries instead banned of bitcoin.

This is very simple to explain, countries that are powerful like those that you are mentioning are thinking they can somehow manage bitcoin and their users, while countries that are still developing understand very clearly they will never control bitcoin users at all, it is weird but I think the governments of the developing countries are right and those powerful countries are underestimating bitcoin big time.

[yndye]

According to the latest survey that more than 95% of bitcoin users are from developed countries such as Japan, USA, South Korea, Europe and so on, while only 5% are from developing countries, this is an interesting fact that developed countries give freedom to their citizens to use bitcoin while developing countries instead banned of bitcoin.

I think the reason for this is that people in developing countries are afraid of risk and behind in terms of technology while those who are in developed countries have advance technology and maybe most of them can afford to be investing in cryptocurrencies while those in developing countries struggle to earn and they may even don't have time to learn or invest in new things they know nothing about. However, in some developing countries, many people are getting interested in cryptocurrencies because of the income and investing opportunity it offers which is a big help for their day to day lives.

[Topaz72]

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?

Most of the first world country are now accepting bitcoin as payment. Bitcoin has a good function in our economy and society, I think it is the reason why many countries are starting to legalize bitcoin in their country.

Yes bitcoin plays vital role in development of technologies in country, indirectly bitcoin is making the economy of the country well and good, so I think as much as bitcoin will be there in a country it will be economical stable and no economic crises will be there in such country, so for more benefits than lose countries are accepting bitcoin as primary currency which is best part of economical state.

[cryptocurrencyguru]

Bitcoin in developing countries is robust and fastly adapting to mainstream financial market and number of atms is the main reason for bitcoin growth in major developing countries

[makolz26]

Bitcoin in developing countries is robust and fastly adapting to mainstream financial market and number of atms is the main reason for bitcoin growth in major developing countries

Yes, actually here in our country almost people are becoming aware of it and now getting interested how bitcoin will have in their life, they are thinking of ways in order to make bitcoin grow in the country, we are helping hands to help each other informed about it and how it works.

[ShineftChaos]

Bitcoin in developing countries is robust and fastly adapting to mainstream financial market and number of atms is the main reason for bitcoin growth in major developing countries

Yes, actually here in our country almost people are becoming aware of it and now getting interested how bitcoin will have in their life, they are thinking of ways in order to make bitcoin grow in the country, we are helping hands to help each other informed about it and how it works.

That is the reason why japan is using cryptocurrency to improve their own country and if only other countries has the same mind set of the government then everyone can live on a very wealthy life.

[bncbnc]

Bitcoin in developing countries is robust and fastly adapting to mainstream financial market and number of atms is the main reason for bitcoin growth in major developing countries

The trend of bitcoin use in developing countries is increasing continuously, i think that this trend will even continue for a long time, because still a number countries are there where people do not have any idea about bitcoin, i think that through good advertisement they can be inform about bitcoin and its benefit, and hopefully they will welcome bitcoin and will start using bitcoin. sx

[Coleth]

Indeed those Develop countries are open for opportunities that is why they are still more developed when they embrace Bitcoin and other altcoins. Though how we wish that other countries also will absorb Bitcoin so they will also improve. But i think it will still need ample time for Bitcoin to penetrate in all countries.

[ShitTL]

Bitcoins in developing countries are as new and fledgling as their economies, and much more need for capital mobilization projects to make the manufacturers of publicly funded companies. taking the house of the local people

[Periodik]

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 designed to disrupt our current obsolete system. Perhaps one of its effects, intended or not, is the disruption of the economy. This may lead to the beneficial growth of freedom to the people but might be highly disadvantageous to the government. That is why we have been noticing how much effort various governments exert in regulating Bitcoin. I don't think inflation is severely affected.