Some Countries living behind their century, taking a back sit on BTC evolution.

[Mophymac]

Bangladesh, Domican Republic,  Bolivia, Nepal, Ghana,  Algeria and a host of other nations seems not to understand the times and seasons as regards world changing currency BTC, despite being accepted in most part of the world.

Www.https//cryptonews.com

I personally think more awareness about  the benefits of trading with cryptocurrencies needs to be created particularly in nations where there are restrictions and banned on cryptocurrencies and also it should  be made more simple for easy use no matter the level of one  literacy. More work is needed. What are your thoughts?

[serjent05]

I believe these countries understand what Bitcoin is, it is that the leader does not think that adopting Bitcoin will help them to improve their country.  It is a matter of the leaders belief for a country to implement something new.  Maybe they have more important things in mind that they think will have a better effect and improvement if implemented first than accepting Bitcoin. 

Whatever the reason these countries ignore or worst ban Bitcoin because they see this as a threat to their citizen fund's safety or possibly they do not have the technology and knowledge to directly take advantage of the opportunities Bitcoin offers.  But mostly I believe the government does not want to spend resources to an entity that they can not have full control.

[_act_]

Bangladesh, Domican Republic,  Bolivia, Nepal, Ghana,  Algeria and a host of other nations seems not to understand the times and seasons as regards world changing currency BTC, despite being accepted in most part of the world.

Bitcoin can not be totally restricted in a country.

Let us take gambling as an example. Did you know that people in the countries that gambling is banned are still gambling? Take cryptocurrencies like that.

There are some countries that did not totally ban bitcoin. Let me use Ghana for example:

The Ghanaian government has reiterated its ban on the use of cryptocurrencies in all financial transactions, stressing that all financial institutions in the country have been instructed to avoid engaging in any crypto-related activities.

But individual can trade bitcoin and other crypto.

Www.https//cryptonews.com

Fix the URL. It supposed to be https://

I personally think more awareness about  the benefits of trading with cryptocurrencies needs to be created particularly in nations where there are restrictions and banned on cryptocurrencies and also it should  be made more simple for easy use no matter the level of one  literacy. More work is needed. What are your thoughts?

More awareness should be made in the country that cryptocurrencies are banned? What you said is contradictory.

[Cryptomultiplier]

Some of the countries you mentioned are not doing so badly compared to other countries who do use BTC or have adopted the Blockchain idea.
Why cryptocurrency or the emergence and use of BTC is gaining customers, is due to the fact the government is doing well in doing nothing to ease the inflationary taxes and purchasing power.

[tabas]

While there are worse countries that don't listen to the outside world that Bitcoin won't harm them and their people, they just don't want to try something new even if there will be a raise of awareness into their regions. That's why you see the division of many countries because they believe to their only policies which they think is enough to compete against the other nations. But let us just put it this way, while many countries are very optimistic with the adoption of Bitcoin, making it as a legal tender or they have nothing against it so people are free to use it. We can't just change the fact that even with the positive progress in many countries that have adopted it, there will always go with the traditional believe and likely remain to be just as the hermit kingdom and not open on it.

[romero121]

Every countrymen is well aware of bitcoin and are much into it through some means. Among the mentioned countries, Bangladesh and Nepal governments were against cryptocurrency. They fear that this could serve as a threat to their economy. This is wrong prediction from government, and teams can you be organised to understand the goodness. Bangladesh have gone one step above to ban and arrest people if they're found to hold cryptocurrencies. Beyond this people continue to use reaching India. Amidst all the good about bitcoin, the usage continues through some means. However the legal adoption and regulated usage could let users have a better usage access.

[logfiles]

I would say it mostly has to do with bad politicians who pass Draconian policies upon their Citizens. The biggest fear of politicians or rulers is losing power to the people, including losing a grip of the financial control, so they end up scaring people to stay away from using Bitcoin, which gives financial power back to the people.

With good laws, I have very high faith that even in the most remote or less developed Country, people will still find away of learning how to use Bitcoin and perhaps teach others too without having fear about the repercussions of getting caught.

[Nwada001]

How did you gather your information that led you to think the way you do? Let me use Nigeria as an example. There are a lot of crypto enthusiasts both here in the forum and outside the forum who are secretly making a living through crypto trading and other crypto activities. If they don't tell you, you will never know. They have studied the market and learned the importance of getting involved in trading.
 
Just like a member pointed out above, the problem is not entirely on the citizen, but how the citizen shows their concern or reacts towards crypto depends on the kind of response they might get from their country's government and regulatory bodies. If it's an entirely crypto-friendly country, then their crypto adoption number will be shown, and most people will publicly showcase their involvement in it. If the government can also render some level of support for those who are willing to learn, then the number will also extensively increase, and that could do a lot of good in terms of empowering those that might benefit from it.

[EFS]

Developing countries have much bigger problems. Let alone having a fast internet, there are countries with cities that don't have proper infrastructure. In some countries, people have difficulty even accessing clean water. You can't tell these people about Bitcoin. Unfortunately, not everyone lives in the same age.

[hd49728]

Developing countries have much bigger problems. Let alone having a fast internet, there are countries with cities that don't have proper infrastructure. In some countries, people have difficulty even accessing clean water. You can't tell these people about Bitcoin. Unfortunately, not everyone lives in the same age.

There are still very bad living conditions in many developing countries, in third world. No discrimination but it is fact around the world and geopolitical issues contribute a lot for poor developments in those nations.

Education can help a lot as with better knowledge, they can find better jobs and exit those locations but to change a whole nation, it needs more resources and inputs from local citizens. Most important is a society, in which politics is important, to give citizens a good environment to contribute. To have it, at least people must have laws to respect and protect basic human rights. Without it, it's very hard to see big changes in those nations.

[joniboini]

I personally think more awareness about  the benefits of trading with cryptocurrencies needs to be created particularly in nations where there are restrictions and banned on cryptocurrencies and also it should  be made more simple for easy use no matter the level of one  literacy. More work is needed. What are your thoughts?

Are you trying to say that those bans are there because people don't understand the benefits of trading crypto? I doubt that's the case. I believe governments know to some extent how crypto trading works. If you take a look at those regulations, the key reason is because of volatility and how it can undermine fiat as a national currency. Telling them that people can make 50% or 10x more wealth by selling BTC is not gonna help if 90% of traders lose their money. I don't think you should push that narrative if what you aim for is adoption to begin with. It is not sustainable and will likely make crypto being associated with scams or ponzi even if those are nonsense.

[Yamane_Keto]

Some countries where the state controls everything are very slow and less flexible when making amendments to the laws and are quick to prevent anything new, but with the passage of time and more countries accepting this technology, the adoption of Bitcoin globally will be rapid, if the G20 countries, for example, use Bitcoin in commercial transactions, Within less than 4 years, 70% of the world’s countries will do that.

[Don Pedro Dinero]

Some countries where the state controls everything are very slow and less flexible when making amendments to the laws and are quick to prevent anything new, but with the passage of time and more countries accepting this technology, the adoption of Bitcoin globally will be rapid, if the G20 countries, for example, use Bitcoin in commercial transactions, Within less than 4 years, 70% of the world’s countries will do that.

I am not as optimistic as you, but what I do think is that as bitcoin continues to become normalised around the world, these countries will be forced to legalise it. At the end of the day, buying bitcoin is like buying shares and it is not so dangerous for local currencies because if they are weak, people who can already save in other currencies, such as the dollar, bitcoin is just an extra option.

[bluebit25]

From a national perspective, I think there are no obstacles. The truth is that awareness and access to opportunities still take time. Similar to the story of the internet, there are still many places that are inaccessible to many people. Still don't know what it is and how to use it.

Maybe somewhere scientific technology is developing rapidly, but besides that the imbalance has not yet been able to cover the existing knowledge, I have also come across some great ideas from this very forum about teaching related to this field (only purely theoretical, due to conditions).

For the economies of many poor countries, the truth is that they are not ready to prepare for these new things, economic problems leave them without enough opportunities, humanitarian organizations or economic support... still working, small actions from individuals I think are commendable to help others.

[Despairo]

What about the Africans that lack of clean water and food? it's a basic need and yet they still not able to fulfill until now, will you want to donate all of your money to build an infrastructure in African countries? I believe no.

If those people are really interested with Bitcoin and they have a good financial, they can buy it through no KYC P2P or decentralized exchange, nothing is impossible.

[rachael9385]

Developing countries have much bigger problems. Let alone having a fast internet, there are countries with cities that don't have proper infrastructure. In some countries, people have difficulty even accessing clean water. You can't tell these people about Bitcoin. Unfortunately, not everyone lives in the same age.

Yes, you have a clear point. Let's imagine that some of us are living in an undeveloped country that is trying to grow. As a Bitcoin investor, we will have a network challenge and a light challenge as well.

In those countries, I don't think there should be proper Bitcoin miners. They will lose their money because of no good network and light. In those countries, things can be too expensive and the cost of living will be very hard even if you have the money.

[fruktik]

I believe these countries understand what Bitcoin is, it is that the leader does not think that adopting Bitcoin will help them to improve their country.  It is a matter of the leaders belief for a country to implement something new.  Maybe they have more important things in mind that they think will have a better effect and improvement if implemented first than accepting Bitcoin. 

Whatever the reason these countries ignore or worst ban Bitcoin because they see this as a threat to their citizen fund's safety or possibly they do not have the technology and knowledge to directly take advantage of the opportunities Bitcoin offers.  But mostly I believe the government does not want to spend resources to an entity that they can not have full control.

The country may be improved, but the massive use of cryptocurrencies will undermine the power of those who rule the country. This is one of the best reasons. Others I simply don’t want to take into account, since they are more secondary than major.
So who is talking about the government spending its resources on something? It is enough to allow cryptocurrencies at a legal level and that is enough, but even such steps are not being taken. It's all about the banal fear of losing power.
P.S.
You can also add the Russian Federation to this list.

[Spaceman1000$]

Bangladesh, Domican Republic,  Bolivia, Nepal, Ghana,  Algeria and a host of other nations seems not to understand the times and seasons as regards world changing currency BTC, despite being accepted in most part of the world.

Www.https//cryptonews.com

I personally think more awareness about  the benefits of trading with cryptocurrencies needs to be created particularly in nations where there are restrictions and banned on cryptocurrencies and also it should  be made more simple for easy use no matter the level of one  literacy. More work is needed. What are your thoughts?

I've always been an advocate for this, there is more work that needs to be done especially in developing countries in terms of awareness about bitcoin and cryptocurrency evolution.

We understand the leader of this countries are the serious bottleneck's that have refused to accept cryptocurrency because they know that the people will be liberated financially once bitcoin is adopted.

I believe with time, the awareness will continue to spread to this countries and the citizens will come to understand More about this evolution especially within the young generation.
I will advise the citizens to learn how to do things on their own without waiting for their government.

[traderethereum]

Developing countries have much bigger problems. Let alone having a fast internet, there are countries with cities that don't have proper infrastructure. In some countries, people have difficulty even accessing clean water. You can't tell these people about Bitcoin. Unfortunately, not everyone lives in the same age.

Yes, you have a clear point. Let's imagine that some of us are living in an undeveloped country that is trying to grow. As a Bitcoin investor, we will have a network challenge and a light challenge as well.

In those countries, I don't think there should be proper Bitcoin miners. They will lose their money because of no good network and light. In those countries, things can be too expensive and the cost of living will be very hard even if you have the money.

Maybe they still need to think about investing, especially in bitcoin.
They will care more about how they can survive all their challenges and difficulties.
If they can survive everything and have a better life, then they will think about having an investment, in this case investing in bitcoin.
There is still a lot that needs to be done, especially by the governments of each developing country, and it must be completed one by one and it takes time.
But it's possible that several people from each developing country already have bitcoin investments, we just don't know for sure.

[pakhitheboss]

These countries lack in mordern infrastructure and are part of third world countries. The government are aware of Bitcoin but do not want thier citizens to venture into it. The main reason they want to keep a tight control on them. Another reason the rich want to stay rich. Those rich fund thier government to keep Bitcoin away from a common civilian. That is the reason they have either banned Bitcoin or have strict laws. Even after doing so much against Bitcoin we would find many citizens indulging in Bitcoin related activities. The government still doesn't understand that Bitcoin is currency that cannot be stopped by local laws