Post
Topic
Board Economics
Re: A Question As Old As Bitcoin
by
Get.BTC.Now
on 24/03/2015, 04:50:10 UTC
What about if I live in a third world country like Philippines? Should I still invest in Bitcoin?

Anybody that has traveled a bit understands that third world countries have billions of poor people that own cellphones and smart phones. People getting paid less than 2 dollars an hour have smartphones everywhere. These same people don't have the means of properly securing physical gold effectively from thieves or a means of transacting with the rest of the world with gold as it mainly serves as a store of value.

Bitcoin is perfect for the unbanked and underbanked worldwide.

 

The bad thing is, can they understand the 'simple' steps of setting up a bitcoin wallet?