Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin help poor countries?
by
Doamader
on 23/11/2016, 17:13:40 UTC
hello! Im in a third world country and bitcoin helps me a lot, just have to know the secret on trading and stuff, electricity is expensive here so mining may not be advisable, but since bitcoin has been sloping upward, i was able to make money and planning to buy solar panels to help me with mining, so, yes, i think bitcoin can help poor countries Smiley just have to be resourceful and if you have all the equipments you need Smiley

Well its wizard the electricity being expenside at a third world, can you tell us which country and the cost of your energy where you live, where i live the energy its something like 10-20% the salarie, anyway its amazing to know someone willing to invest into mining process, when we all know thats something that may take some large period to achieve roi, i would advice you to invest directly into bitcoin, using it as store of value, or to trade.