Bitcoin and Third-World Countries

[Quickbee 26]

Bitcoin will be be helpful to the majority of the third world population. But unfortunately the third world countries only follow what the developed countries accept or recognize. So the developed countries must take the lead in accepting Cryptocurrency. Then the third world will automatically accept it .

[Cryptolover😍😍 990]

I think it's a bad luck of those countries those don't adopts the crypto currencies for future. As the price of bitcoin increase day by day the popularity of its also increase. Bitcoin is best source of earning for third world currencies. If these countries adopt the bitcoin it good for this county for bright future 💓.

[Idaho Bruk 573]

Most bitcoin payment processors are restricted or sanctioned in a lot of third world countries, and even it the US itself some payment processors are not available in some states because of tight regulations, which is ironic.

[teebasas 3018]

Third world countries lack a lot of possibilities, the culture of most people is low and the governments are working to fight encryption in these regions and there can be no ATM to encrypt.

[Ahmad ah 1212]

All the countries of the third world suffer from large monetary inflation and a decrease in the value of the local currency. Therefore, working in coding is considered an opportunity to develop the standard of living that the local currency difference plays for these countries against the dollar or the euro.
Third world countries should move towards digital currencies to improve their economy and reduce inflation.

[Alsh9 1007]

I have noticed the spread of encryption and work in cryptocurrencies in developing and poor countries of the third world as a result of unemployment, which prompted many people to enter the world of encryption and they are now in good condition and they have a job and their lives have improved.

[Chief executive officer band 681]

Bitcoin for third humanity counties will rally round them to develop and perhaps grow to be economically steady as crypto skeleton to be decentralized nearby is no be scared of of economic failure.

[Wane Rastuar 583]

I think cryptocurrencies are a great opportunity for people in third world countries but I think it can be dangerous for the economy of these countries

[Idaho Bruk 573]

Most bitcoin payment processors are restricted or sanctioned in a lot of third world countries, and even it the US itself some payment processors are not available in some states because of tight regulations, which is ironic

[Yabuko 629]

Adoption to crypto will be hard to happen because of the pressure first world countries can put on these third world countries but even so we still see many people of theae poor countries found crypto as resource for better earning methods than the jobs they work in and they were able to develop and improve rheir living so far which is a great step for crypto because it will gets it more popular

[Ameralsamt 2558]

Dear I see that the countries of the Third World have advanced and civilized peoples, contemporary to technology in general, they accept encryption with ease, and really now we have, a lot of programmers and cryptocurrency makers, they are really artists. 

[Al-mubin 301]

Bitcoin is definitely and seriously changing lives in those third world countries because the value of their currency is always decreasing and even nowadays we see big exchanges like okex and binance focus on third world countries and help them get in crypto. 

[Farsa fat 328]

Adopting bitcoin for third world counties will help them to grow and possibly beocme economically stable as cryptos remains to be decentralized, there is no fear of bankruptcy

[Faska fas 307]

I think the thing that can be changed before this currency is adopted will be for the government to provide cheap internet access to everyone in the country as this will make many inhabitants of that country have access to bitcoin

[Yad hair 358]

Indeed all depends on the people if they are good at seeing every opportunity then the country's economy will get better. The problem now is how to convey to the community in underdeveloped villages Cryptocurrency is an opportunity but also requires extensive knowledge and sufficient human resources to accept this.

[Jacky clark 368]

Currently you need quit some bandwith to do BTC transactions but with the upcoming lightning upgrade of Bitcoin also in remote areas Bitcoin can be used. I think crypto like cellphones will have a rapid adoption in African remote areas as the do not have the legacy we have

[Robert William 590]

In the third world Bitcoin and cryptocurrencies did not spread due to the concern of many of the currency, because of its anonymous nature, and the possibility of using it for tax evasion and money laundering. But I think that within ten years, everyone will have two "wallets", one for the local currency and another for a group of electronic currencies

[Garion hirao 550]

Adapting cryptocurrencies in the third world country would be great. I would help lower the unemployment rate if there are goiung to be trading companies to open and other cryptoactivties, like posting here in this forum, it is easy to do and people can earn. It will have good impact to third world countries. 

[Wane Rastuar 583]

I think cryptocurrencies are a great opportunity for people in third world countries but I think it can be dangerous for the economy of these countries

[Idaho Bruk 573]

Most bitcoin payment processors are restricted or sanctioned in a lot of third world countries, and even it the US itself some payment processors are not available in some states because of tight regulations, which is ironic.

[BhenGhix 804]

Bitcoin is apparently considerate to the third world countries and even the developed countries.

It is gradually growing wings as it is gaining population and the attention of both the third world countries and also already developed countries.

[_maryspoppin_ 171]

I don't think the impact would be huge as these countries face major economical problems but it would definitely make some people's lives a little bit better.

[lari0695 13]

I think everybody will use bitcoin and other cryptos, because there is the same help from first to third countries, because they also require their technology to emerge, education is something that benefits us all without a doubt and in this forum is where we can learn it.

[Oki 675]

There are many impacts from the adoption of bitcoin in third world countries, namely the availability of jobs for the people there, as a store of value for a country's currency to avoid crises and many more. It's just that they don't see this opportunity to be taken advantage of. The economy of a country will be helped by the existence of bitcoin, the people there can trade crypto and make money so that their purchasing power will increase.

[Magayinde 207]

28 minutes ago, Oki said:

There are many impacts from the adoption of bitcoin in third world countries, namely the availability of jobs for the people there, as a store of value for a country's currency to avoid crises and many more. It's just that they don't see this opportunity to be taken advantage of. The economy of a country will be helped by the existence of bitcoin, the people there can trade crypto and make money so that their purchasing power will increase.

@Oki it should however be known that most countries are scares to implement and pass the use of btc as a norms. Most of the politicians are corrupt and sees btc as a threat to their works. I think evryone in the third world's that are doing crypto should always endeavour to raise alarms on restrictions made on them. Btc will surely aid a country's economy