My region has been deep into economic instability and facing economic crisis in various aspects and I want to know if there is any way bitcoin or crypto currency can help resolve the problems and revive the economy? I know that bitcoin didn't come to the world to take over fiat currency but is there anyway bitcoin can resolve it?
Many small countries, or developing countries, are trying to get out of this predicament with Bitcoin. To put it more directly, a country uses Bitcoin as legal tender more to get rid of the economic constraints and economic sanctions of the United States. But at present, there will not be a big change immediately. In essence, it is still the power of weapons. It is not shy to say that the United States is the country that has launched the most wars in the world, because this can effectively maintain the stability of the dollar and thus maintain the status of the United States as a powerful country.
