Post
Topic
Board Economics
Re: Can bitcoin improve the economy of a country?
by
Carmen_Sandiego
on 25/05/2017, 23:01:17 UTC
Countries with a weak currency can greatly benefit from this. In fact, the presence and importance of Bitcoin is something that can be noticed strongly in such countries, as Venezuela.
No one wants to depend on a currency with astronomical inflation rates, and Bitcoin is one of the few affordable alternatives for a large portion of the population of such countries.