bitcoin in developing countries

[btctalk123]

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.

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You're right social media and creating bad news about the crypto world. But the most effective method of popularity bitcoin is people. They can create some affect as radio and television, talking with each other about it.

[Emitdama]

Well, I agree . Cryptocurrency is being introduced to the people. Although, there is an increase on the adaptation of people in crypto I believe there lots of negative reactions than the positive. People often hear crypto on the news and most of it are the negative outcomes like some investors were scammed etc. Maybe, thats the reason why there are lots of people who are aware of it but still doesnt want to invest or to adapt.

There are many countries which are thinking on different angles with negotiations and in constant talk with other countries where the Bitcoin has a proper system which is improving their countries economies so countries which are negotiating on it may adopt the Bitcoin in future upcoming says. These countries and many more countries are getting inspiration from other countries to see their progress with the crypto market.

[redsun114]

not bitcoin will not cause inflation because bitcoin is the currency is deformed. proven in a country that legalizes bitcoin as a legitimate means of payment the country is getting ahead and its economy is also good not inflation. bitcoin is a decentralized currency that will not cause inflation.

Under developed countries are now inspired with other developing countries and are following the same as developed countries do which are better near economical conditions. Modern market of the Bitcoin has gained more popularity and spread all around the world and recently Germany also recognized the Bitcoin which is a better decision and good news for its people and for the Bitcoin.

[Norihiro]

I think that BTC can help a lot developing countries because this thing actually can act as the catalyst of countrys and economics development.

[Okrah]

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 think bitcoin is very helpful to uplift the economic growth stability to those progressive country's. Who accept bitcoin as legal tender. Because people nowadays are very interested in new technology and bitcoin is one of this creation.

[beezunus]

in my opinion, bitcoin will continue to grow and will become more popular in developing countries because bitcoin in developing countries is acceptable and will help improve the economy of its users

[localcrypto]

the market in developing countries is rapid growth they have atms and they licenced exchangers and even ico are also regulated which is a good move for industry

[usorin]

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?

A good example, regarding this topic is Philipines where the goverment has his own cryptocoin, the petro coin if i remember right. Soon we wil se the bitcoin influence on our daily basis.

[breathlessz]

the market in developing countries is rapid growth they have atms and they licenced exchangers and even ico are also regulated which is a good move for industry

i think otherwise, my country is a developing country. the government has not regulated bitcoin, so it can not get into the stock market, so investors are still thinking about legal guarantees

[redsun114]

Inflation in the countries will not. All paper and digital money will replace crypto-currencies, bitcoin will be the modern gold standard for the crypto-world

That is one side of the coin. It would have other negative externalities as well for example if there is no cash in the economy, how would the banks work? The absence of cash will hinder the government to tackle the problem of tax collection from all those who would not be using Bitcoin because of the unavailability of internet and still a huge portion of the world’s population is deprived of the internet facilities. Electricity is also a problem in many countries and I case of black outs, life will be stagnant if the cash is not there.

[WanguiWudong]

the situation in developing countries is not positive like China.

[Emigham7]

I don't think Bitcoin can cause inflection in a given country. Bitcoin runs outside government institutional framworkand regulations. It's a peer to peer kind of exchange. More people acceptability of bitcoin will not in anyway interrupt an economic system in the country.

[crypto success]

It is absolutely not true that bitcoin will disrupt economic stability thereby causing inflation especially in developing countries, this is because bitcoin is not just a digital currency but it is an investment platform that inject cash into the economy thereby empowering more persons to invest which in turn will lead to economic growth and stability

[Hold good]

In developing countries, the government is very interested in this market. And ICO projects are always developing strongly for those countries that should have economic development.

[swirox]

if everyone started to use bitcoin in a country it will certainly create instability and the local currency will become more volatile, so almost all gouvernments think that if they block it they will stop that to happen, but it's not really the case, people start using cryptos

[keeee]

I don't think Bitcoin can cause inflection in a given country. Bitcoin runs outside government institutional framworkand regulations. It's a peer to peer kind of exchange. More people acceptability of bitcoin will not in anyway interrupt an economic system in the country.

Yes, bitcoin was not connected to the government since it was decentralized and they cant control it, I think it will not affect the countrys economy since bitcoin was not yet accepted by the government. Its between the two people and transact only in a a way meidum. Where only one need to pay to transfer money.

[Birin016]

I do not think that Bitcoin would disrupt the economy, on the other hand it actually provides people more ways to earn and gain money. Also I don't think that Bitcoin will cause inflation on any country because it is a deflationary currency, meaning it is contraction in the supply of circulated currency within an economy, so therefore it is indeed the opposite of inflation.

[chamika888]

We must remember that change is never easy, especially for strict governing and developing countries affected by the metaphysical government, however, Bitcoin believers are building the foundation for rapid adoption in emerging countries. Indeed, innovative solutions, fortunately, help these countries to grow and encourage other technologies, inspiration from the rest of the world.so this technology can help their development.

[fastrabbit]

While corruption, instability and inflation are global phenomenons, they tend to hit the hardest in developing countries.The power of the blockchain allows for a transparent and open access movement of funds without the scrawny hands of dysfunctional banking systems.
Developing countries have gained an added layer of hope now! In countries where national money is worth potatoes, hyperinflation eroding currency value such as the case of Zimbabwe in 2008.Bitcoin and the blockchain technology have become a lucrative asset and a solution that many aspiring entrepreneurs from around Africa thrive to implement.is it will have a positive impact.

[Tiktik]

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?

Developing countries and it you are respectable with cryptocurrency. Cause we have a dream that bitcoin will fall to see a great mind that the right to become one piece, but we are so I read this way to invest, I do believe that bitcoin is a start of bull, I believe the market will be grow faster