Can developing countries follow El Salvador use Bitcoin?

[Sithara007]

I think that it depends on whether El Salvador will reach their target by making Bitcoin legal tender. As far as I know, they bought Bitcoin which was worth $140m and wanted to distribute them among people as $30 each. But I heard something also that people were still not eager to use Bitcoin in their daily life and for investment purposes. If that's true, then the government should develop new strategies to gain their interest in Bitcoin. It should educate its people about Bitcoin well first. Maybe it stems from the lack of knowledge about Bitcoin and the market.

The $30 airdrop was not from the government, but from one of the private cryptocurrency businesses. But it is a good initiative. Even those who hate cryptocurrency to the core would have applied for this airdrop and received the coins. A large part of the recipients may immediately sell these coins for fiat currency (US Dollar in this case). But I believe that at least 1/4th of the recipients would be curious about cryptocurrency and will decide to store the coins for the long term. And these guys will benefit from the price increase in future.

[dezoel]

They should, every developing country should find a way to get into renewable energy and bitcoin at the same time, those are the future of the world and if they can start first before the big ones then they could get a bit more money. However what people should realize is that many many many "developing" countries are there and not big because they do not have proper politicians and they are corrupt as hell.

Look at USA, they had Trump and many many considered him a bad person, hell they had people storming into their capitol building to maybe even murder the elected officials, nobody can tell me it was "peaceful" because they KILLED A COP there, nothing peaceful murders a cop, they were violent rioters that murdered a cop and wanted to murder more people.

However reality is that even with that, they are still a democracy where Joe Biden replaced, which is the great thing about USA, even if you hate the president, you could go out and outvote him, Trump got the second most votes in history of USA, but Biden got the first, same election, and that is what democracy looks like, many developing countries could get bitcoin supported, but as long as they are corrupted it won't work.