bitcoin in developing countries

[trako]

BitCoin is a very effective currency. it affects the economies of the countries. but governments are still not in a position to make the necessary arrangements. Countries with weak economies are very open to such investments. because the purchasing power of people is low. the people are poor. they consider it a tool to make money in the short term crypt money.
credit interests in banking interests in developing countries are very high. stock exchange is very different. everything is very risky.
BitCoin will find the time when technology is worthy of value.
it is now an area where mostly small traders trade for short term.

[stasiulman]

States are increasingly talking about crypto regulation. Some call the cryptocurrency an asset, others - as a means of payment, others - count it as goods, and the fourth simply prohibit. Vietnam, Lebanon, Bangladesh and other developing countries, which prohibited crypto, with a not very stable economy and national currency. Politicans of such states is often generously agitating the population that the cryptocurrency is a financial pyramid and bubble, high volatility and huge risks, and that digital currencies are only suitable for criminal schemes.

Obviously, most regulators of such countries are afraid that the usual tools of monetary policy will simply lose their former effectiveness, and the population, as a result, will give preference to crypto-currencies, if not for everyday exchange, then at least to maintain value in conditions of galloping inflation and lack of confidence in the banking system.

[xitrum]

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?

Even though bitcoins are well known in the developed world, but its popularity is not high, you can see that the market is fluctuating continuously and bitcoin prices are constantly adjusting, it is the continuous adjustment of Bitcoin is very difficult for people to use bitcoin to exchange currency. And also because bitcoin has no control, so the price is blown arbitrarily has come to manipulate the market.

[Underlord]

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?

although in some countries many have known and even use bitcoin, but in fact there are still many areas left behind that do not even know bitcoin because the level of education is less advanced. The government seemed to cover up the bitcoin news with negative news, so the public interest is very less with bitcoin, it happens in my country. The public is very dependent on the government.

[James_Cline]

Bitcoin's acceptance is increasing in many countries. Surprisingly even the developing countries are taking it on. But it might not solve many of the problems in these countries. If you are good at crypto-economics, you very well know that bitcoin has a deflationary nature. So, it cannot in any way possible lead to inflation. But it won't also solve the corruption problem that many of these countries are facing. However, I'm confident that bitcoin is a good development for developing economies. So, it should be encouraged.

[Nanot]

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 for me..thier would be increasing in all aspects of the goverment sectors because it promotes wealth and prosperous life of the economy. It will also affect the economy state..more bitcoin more opportunity of big impact of change and increase to the level than before. For me bitcoin is good for the country it can be a life supporter it also raising up small peoples in the society as well as to help them more.

[itsik78]

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?

Even though bitcoins are well known in the developed world, but its popularity is not high, you can see that the market is fluctuating continuously and bitcoin prices are constantly adjusting, it is the continuous adjustment of Bitcoin is very difficult for people to use bitcoin to exchange currency. And also because bitcoin has no control, so the price is blown arbitrarily has come to manipulate the market.

I'm a little disagreeing with you. There is progress, although it is not as active as we would like. More developed countries are actively implementing cryptotechnologies, provided that the country has the makings of democracy. In Poland and Estonia at the state level, many block-or crypto ideas are being discussed. Poles are working on the national crypto currency (linked to their national currency), and Estonians are even trying to figure out how to integrate blockchain technology into the healthcare and open banking industry.
Although many developing countries do not have a single policy towards bitcoin.

[megatrix]

So far, Bitcoin has helped a lot of countries overcome their financial struggles, it all started in providing new means and ways to earn on a family level, the basic unit of the society. People now has means of providing to their family's needs. To add up, what I know is that Bitcoin is s a deflationary currency meaning it will not cause inflation and not disrupt the economy.

[concept2]

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?

although in some countries many have known and even use bitcoin, but in fact there are still many areas left behind that do not even know bitcoin because the level of education is less advanced. The government seemed to cover up the bitcoin news with negative news, so the public interest is very less with bitcoin, it happens in my country. The public is very dependent on the government.

Yeah we are having the same problem too when the government here always give fake news about bitcoin and give bitcoin bad reputation to scare people away from it. And because some of us don't have the chance to access to education and some others just believe what the government says without doing some research into bitcoin, bitcoin can't help our economic situation much. Another problem is that some well-educated people were scammed and lost their bitcoin to the bad guys, which results in they trying to talk other people out of getting involved in bitcoin although what cause them to lose money is the scammers, not bitcoin itself. I really hope that bitcoin would have a better future than this in my country.

[Redhead5]

So far, Bitcoin has helped a lot of countries overcome their financial struggles, it all started in providing new means and ways to earn on a family level, the basic unit of the society. People now has means of providing to their family's needs. To add up, what I know is that Bitcoin is s a deflationary currency meaning it will not cause inflation and not disrupt the economy.

Actually Bitcoin in developing countries helps economic growth better because people have the option to earn additional income with their effective manipulation of  bitcoin platforms with the best of their knowledge and the technology that their countries accepted it. It eagerly get people to involve with it because it can helps ease their financial needs in life.

[mybtcasset]

Bitcoin in developing countries is seen rapid growth in terms of ATMs and banks are supporting crypto deposits and even bitcoin-based banking products

[Dontme]

Bitcoin has a good response in many country. Bitcoin will help those country to overcome their financial crisis and also help to built a strong economic in those countries. In central Africa country like Kenya, Zimbabwe etc taking the benefits from bitcoin through Bitpesa . This app help them in their transaction and in many other thing also. Bitcoin mainly reduce the unemployment issue in those country by providing job in their country people.Bitcoin also provide its mining  help in those country to create their own Bitcoin. With the help of Bitcoin they can buy anything from Internet. Even those thing which are not sold in their country 

True, maybe if they let bitcoin reign also in their country maybe people has more better lives and pay their taxes since btc let them invest on it and make profits.

[RyhaniFoyej]

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?

Many development countries of the world have accept bitcoin as a transaction system and nowadays a lot of people use bitcoin as transaction and paying the online bills because of its easy transaction method and safety. But the government of some countries have banned it. They thought it is an illegal because it is difficult for them to understand and so they are not supporting bitcoin. But bitcoin is not disturbing the economic of a country. It helps the economy of a country to developing. The countries which have banned bitcoin from their countries, they will be lagging behind the development but there will not be any problem of bitcoin to develop.

[efxtrader]

Bitcoin's acceptance is increasing in many countries. Surprisingly even the developing countries are taking it on. But it might not solve many of the problems in these countries. If you are good at crypto-economics, you very well know that bitcoin has a deflationary nature. So, it cannot in any way possible lead to inflation. But it won't also solve the corruption problem that many of these countries are facing. However, I'm confident that bitcoin is a good development for developing economies. So, it should be encouraged.

Indeed, its really surprising to see many developing country right now accepting cryptocurrency and bitcoin. Maybe many country still prohibit bitcoin if used for payment but they still allowing bitcoin for trade. Bitcoin will bring more peoples more aware about cryptocurrency and i do believe in near future bitcoin can be used for payment in every country in the world

[Kadot amoh]

bitcoin in japan is already developing, because in japan state bitcoin forums and even bitcoin in the trading market already in official, bitcoin during its will progressively progressively and progressively expand.

[uchechiboy]

Bitcoin is in many country with fully confidence  in them, as times goes on,other country will also accept them in .

[Shadon24]

In developed countries bitcoin is generally accepted by investors as the type used to trade, exchange, buy and sell or even reserve such as can pay the rent by bitcoin ...or pay the rent bycle...

[junglist.massive]

Bitcoin has a good response in many country. Bitcoin will help those country to overcome their financial crisis and also help to built a strong economic in those countries. In central Africa country like Kenya, Zimbabwe etc taking the benefits from bitcoin through Bitpesa . This app help them in their transaction and in many other thing also. Bitcoin mainly reduce the unemployment issue in those country by providing job in their country people.Bitcoin also provide its mining  help in those country to create their own Bitcoin. With the help of Bitcoin they can buy anything from Internet. Even those thing which are not sold in their country 

Yes really bitcoin is very helpful for those of us who have insufficient economy with bitcoin can help the economy becomes better. And there are a lot of evidences that bitcoin helps a person's economy get better.
Bitcoin is also not too difficult to be a job, so bitcoin can reduce unemployment in this world.

[Himanshu111]

Bitcoin has a good response in many country. Bitcoin will help those country to overcome their financial crisis and also help to built a strong economic in those countries. In central Africa country like Kenya, Zimbabwe etc taking the benefits from bitcoin through Bitpesa . This app help them in their transaction and in many other thing also. Bitcoin mainly reduce the unemployment issue in those country by providing job in their country people.Bitcoin also provide its mining  help in those country to create their own Bitcoin. With the help of Bitcoin they can buy anything from Internet. Even those thing which are not sold in their country 

Yes really bitcoin is very helpful for those of us who have insufficient economy with bitcoin can help the economy becomes better. And there are a lot of evidences that bitcoin helps a person's economy get better.
Bitcoin is also not too difficult to be a job, so bitcoin can reduce unemployment in this world.

Bitcoin is very trending these days in the market.Bitcoin has entered in every nation and people have mixed comments about it.Some nations are supporting bitcoin while some have banned it.Governments of developing nations are not sure about bitcoin.Since a large percentage of people in these nations are illiterate and poor so people have no idea about bitcoin and other cryptocurrencies.Bitcoin is also very volatile and decentralised so the government and central banks are scared of legalising bitcoin.

[polymerbatt]

What i think is bitcoin can help jobless people on developing countries by providing a job like bounty and signature campaign or other job. In some countries payment on 1 week signature campaign at least can make a living to him or even his family. It's better than doing nothing in real life without job. At least your can earn some bucks and can buy food for you.