BTC is not human, someone have to use it right.

[TheUltraElite]

A hard truth is that bitcoin is not the silver bullet to every problem.

Poverty is one of them. You have to get those people in a somewhat decent living standard before they can use bitcoin. Because to use the latter they need electricity supply, a device to access their coins and so on. It can help once those things have been set up but not before.

Similarly, bitcoin will not end all economic problems, deflationary currencies also have their problem, these will become evident then.

However, if you ask me, I would accumulate bitcoin because I see a good price in future. Will it change the economy, probably not during my lifetime.

[Questat]

Bitcoin can bring life changing profits if you use it at its highest advantage, but if you use it for personal interest and maximize corruption in the current government, believe me its transparency will put you at your worst.

Poverty is a global struggle, but with the help of bitcoin being a tool for investment, I believe that will give a lot of advantages to create life's progress, but of course bitcoin education should be prioritize first before trying to invest.

[BitcoinGirl.Club]

It's getting hard to buy/sell Bitcoin without KYC, you'll have to spend many coins to protect your privacy by using, maybe multiple mixers.

And with fiat you have no chance at all. Here at least you can make it hard for them to protect your asset.

[el kaka22]

I think OP misunderstood the premise, the reality is that if a government has corrupt officials, then using crypto means that you are getting away from them. They may steal your fiat, but they can't steal your crypto , meaning that they are going to just playing with themselves if we all move to crypto, and they can make laws regarding whatever they want, but if they push too further, we can hide our crypto and they can't do anything about it because they wouldn't know about it.

So, crypto is decentralized and loved because of this, it's decentralized in a way that governments, corrupt or not, can't do anything about it and have to expect us to comply, if we do not want to then they would never know anything. I can hide billions in crypto without letting a single soul know, it would not be easy but it can be done, just do like 10 bitcoins for 100m times and that would take weeks to do, or maybe there is an automatic thing, and paper wallet them, easy as that, they would never know.

[BIT-BENDER]

I believe many people already know this, I don't mean to be critical but I believe this should not be a topic, it's crazy that anyone thinks bitcoin would save them from all their countries issue that's not the case and even if a country isn't corrupt Bitcoin still can't play a major role to lift a country economy, the leaders still has a very big part to play to see that happening.

[Abu-Naim]

I have read few posts about how crypto and BTC can change the country for the better, and I fully agree to this but what if the leaders of the country are all corrupted? In this case I don't expect Bitcoin to help a bit, the leaders will find ways to start using crypto to their own advantage, maybe embezzlement of the country's fund.

If your leaders are corrupt don't bother trying to force them to do anything that will make the country grow using Bitcoin and crypto, it is not going to work.

Bitcoin is not the solution to countries with high poverty rate if the leaders are all corrupt.

Yes Bitcoin is indeed not the solution to countries high poverty rate, and it is as well not a solution nation's economy, it is a currency that gives its users financial freedom irrespective their government policies if the holders are purely using it in decentralized way by avoiding the use of centralized exchanges that will ask for personal details for KYC.

Corrupt leaders can use bitcoin and crypto to embezzle money in a system where everyone in the system is corrupted, if not I think if the corrupt leaders use Bitcoin in an open network, it can be tracked, just that the recipient wallet will be the main target if it is an exchange wallet.
Bitcoin can help every individual who use it in the right way to avoid inflation and to also overcome some financial challenges if they hold for long.

[FatFork]

Corrupt leaders can use bitcoin and crypto to embezzle money in a system where everyone in the system is corrupted, if not I think if the corrupt leaders use Bitcoin in an open network, it can be tracked, just that the recipient wallet will be the main target if it is an exchange wallet.
Bitcoin can help every individual who use it in the right way to avoid inflation and to also overcome some financial challenges if they hold for long.

Yes. I definitely think there's some truth to the idea that corrupt leaders could take advantage of Bitcoin.  The anonymity part could let them hide shady transactions.  But at the same time, Bitcoin's transparency through the blockchain gives it power too.  Anyone can follow the money on that public ledger. 

I'm still hopeful about bitcoins potential to give regular people more control.  Maybe an overly idealistic take, but it's how I feel.

[Maslate]

Bitcoin will not act as a country saver, unless if all those corrupt officials are thrown out from their positions. The country's progress will only be realized by having leaders that are responsible and won't only be after of their personal interests.

Also, bitcoin is just a tool so it needs a person to operate it right. And with sufficient knowledge and skills about bitcoin, bitcoin will eventually act as a life saver, as long as bitcoin has been used the right and productive way.

[BALIK]

I believe many people already know this, I don't mean to be critical but I believe this should not be a topic, it's crazy that anyone thinks bitcoin would save them from all their countries issue that's not the case and even if a country isn't corrupt Bitcoin still can't play a major role to lift a country economy, the leaders still has a very big part to play to see that happening.

Not really, there are many people who do not know this or they do not want to accept this fact. I also see a lot of people constantly claiming that bitcoin can help alleviate poverty and they hope the government will consider legalizing bitcoin and using it in their economy.

I think this idea comes from their obsession of making money from bitcoin, they see the strong growth of bitcoin and compare it with the devaluation of fiat currencies, they argue that the devaluation of fiat currencies is the cause of poverty....from those factors, they think bitcoin can save national economy. They think that if people invest in bitcoin and make profits, their country can eliminate poverty. But they forget that the unemployed and the poor will not have money to invest. Also, what guarantees are there that everyone will make a profit investing in bitcoin?