Re: Can Bitcoin help poor countries?

Can Bitcoin or any other altcoin help poor countries?
how? what can be done?

i think poor country is low income communite so use bitcoin just not to transaction but income too.. to help their income
and goverment have to legal bitcoin

Yes that is going to be the use of bitcoin in poor countries. That's the main reason for them to become poor, because they don't have something for their living. But because of their poorness they need to identify first what are their needs so that they will be able to identify what's going to be the first move for their adoption of bitcoin.

But it is also a fact that even in poor countries where you can hardly find the basic facilities of life, like food, water, electric city security but still there the luxury and entertainment items are very cheap. So, they must have the facilities to use get benefit from bitcoin. They just need a proper knowledge of computer and internet.

But the problem would be the access to this gadgets and internet. If you are making rich people in a poor country richer, you are not helping the country to level up its status. The reason why country is poor is the percentage of the poor people that have no means of meeting the basic or standard way of living. This problem will only be solved if the government centralized its effort of implementing a project that give acces to the knowledge and equipment needed to facilitate or take advantage of bitcoin opportunity.

The best way to help poor countries is change the financial system, we know in the poor countries finance only have some peoples or organizations. Bitcoin will help poor countries if all peoples care.

but to me the more important thing to turn all poor people rich may be more important that to change financial system is to educate them, they will become rich by themselves, as we can see that in most poorer countries the education system is very weeks the education ratio is about zero therefore they need proper education to change their destination.