Quote from: Cuntabula on June 03, 2016, 12:18:39 AM

Quote from: yayayo on June 02, 2016, 11:14:07 PM

It's sad that developing countries, that have the most to gain from embracing Bitcoin at an early stage oppress innovation. Apparently everything they can't entirely understand or control is considered a threat.

Please educate yourself before typing. tnx

Quote

Economy of Egypt
From Wikipedia, the free encyclopedia

The economy of Egypt was a highly centralized planned economy focused on import substitution under President Gamal Abdel Nasser. In the 1990s, a series of International Monetary Fund arrangements, coupled with massive external debt relief resulting from Egypt's participation in the Gulf War coalition, helped Egypt improve its macroeconomic performance.

What do you mean to say? That Egypt is not a developing country? Maybe Egypt's economy has improved, but the country still ranks well below rank 100 in world GDP per capita comparisons. Its GDPpc is less then a 10th than that of the UK. I think that makes it quite safe to speak of Egypt as a developing country - even if one outrightly ignores the problematic political and human rights situation.

Btw. I was referring to actions of the officials, not to the citizen.

ya.ya.yo!