Post
Topic
Board Bitcoin Discussion
Re: How can Bitcoin help the developing world?
by
krishnapramod
on 16/10/2017, 11:40:54 UTC
I want to try open Bitcoin Business. This cause I just have this question. I wanna know is Bitcoin can give a better world and future.

Bitcoin can't help the developing world. The Blockchain technology help the developing word.

Irrepective of a country's status, Blockchain technology can have an influence on too many sectors.

If you go by the stats, Bitcoin adoption is much more competitive in developing nations and by the same stats, governments of these countries have a hard time accepting Bitcoin.

In a developing nation, Bitcoin can be a solution to these:

1. Unbanked.

2. Remittance/Cross-border transactions.

3. Inflation.

4. Corruption.