Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin help poor countries?
by
hawkins
on 28/11/2016, 18:46:28 UTC
It's a good idea, all people will be easy to send money so that aid to poor countries be receive directly. From the other side of the economy can also be utilized for the mining venture bitcoin.
Honestly it's true, with the support of the government it would be possible to help poor nation but they have to sacrifice the current player in the remittance business. With bitcoin it's cheap and fast so I do not find any reason why this should not be supported.
Don't you think that such system when bitcoin will be kind of legalized for international transfers and has support from the government it may affect on bitcoin as the currency and add some unnecessary taxes to such transactions?
Well, if that happens, then it will really affect the price of bitcoin, and may be widely affect the financial ecosystem. if a country receives and proscribing bitcoin, especially if the government teaching how to use and look for bitcoin, surely it would be very influential in the community who are in the country, because the government supports the development of technology, and it will definitely give a positive effect for the country , it can only help the country in economic terms, since the introduction of bitcoin as a new thing, it will make people think of new things to develop bitcoin