Re: Can Bitcoin help poor countries?

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

Bitcoin does not help the poor countries but Bitcoin are great helped to those people who are difficult to meet the basic needs of their daily life. Just like me I live in a poor country and i grab the opportunity of having bitcoina in my life because i believe that it might be helpful to me and my love ones.

First of, bitcoin is not a job, so how can you tell it can help people with their basic needs. All we can do here to earn a decent amount of money is investing and that involves risk, what if they lose, do they have something to spend for their daily needs?

Definitely bitcoin is one best of investing assert now a days, i hope poor countries cannot afford to buy bitcoin because they don't have proper internet connection, bitcoin is digital currency where you have to buy with your own currency, for that you need to convert your original currency into bitcoin. I hope there is no exchanges in those countries also may be. There are lot more problems in those poor countries.

They will be help is some ways, but investing not really? What they need is to have an income and to lessen their expenses. They need money for their daily needs and they work for it, but with bitcoin how can they earn when they cannot afford to invest. Maybe we can help then on transaction online to lessen the charges.

Yes I am agree with you as the facilities of computer and internet are available everywhere in the world even in the poorer countries of the world so they can have access to bitcoin but the problem is that of investment, If they can invest some good money in bitcoin then they will be able to get benefit from it but I think they must be facing investment problems with their current financial positions.