Post
Topic
Board Beginners & Help
Re: Earning BTC in a 3rd world country
by
Amph
on 10/10/2015, 07:13:16 UTC
Many 'first world' countries are on the same level - if you taking into consideration bitcoin infrastructure - as 'third world countries'.
There is not need to panic. To fully utilize bitcoin you only need wallet and ability to exchange your bitcoin to FIAT money.
I checked and it seems that in Pakistan you have at least 1 bitcoin exchange, you are good.

http://www.coindesk.com/pakistans-first-bitcoin-exchange-launches-community-building-ambitions/

Can you please explain what you mean by exchange BTC in fiat money? kinda confused me and i never heard this term before either :/

fiat is legal money, like usd, euro, gbp, etc..., you can call them centralized money, bitcoin is decentralized money

don't exchange your precious btc for trash toilet paper, let it grow first and then use it directly in the future to buy anything

i would recommend to do the opposite, exchange toilet papaer(fiat money) that lose value every year to bitcoin, that is gaining value every year