Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin help poor countries?
by
Victorycoin
on 11/12/2016, 17:39:14 UTC
The poor countries should first develop their infrastructure, educational system, food distribution, availability of electricity, water, Internet etc.
Only after that, they can think or start to plan how to use Bitcoin.
In my opinion, such countries don't have full political, financial or economic freedom, so I don't think that they can accept Bitcoin, completely independent from other countries.
Any way, such countries have other priorities now to solve, and Bitcoin is surely not on their ''to do'' list.
I think the first thing would be for the rich countries to use their power and influence in exposing and helping to bring to book all those rulers from the poor countries, that have stacked their stolen wealth overseas. It stands to reason that, the plundering would have been minimal without the corporation of the rich countries. Just like IMF and World Bank, compels and monitor governments of some countries to implement their agreements, these things are possible if they put their legs down.

Leaving the poor countries to their fate and hoping someday, change would come is an illusion and takes the world further back to the stone age. What is the United Nations really all about in the first place - to mediate in wars that could have been avoided? Bitcoin is a pointer to probity and accountability and could check lots of loopholes those rouges use to siphon their country's wealth.