Do you think bitcoin will help debt ridden or poor countries to improve the standard of living and also will bitcoin help these countries to become financially stable if they adapt crypto currency ?
In reality, the only way third world country can break the hold of developed countries over their economic is through adoption of cryptocurrencies that will weaken the influence of dollars on they economy. Most of this debt country are in bondage of interest charge on loan they gotten from developed countries and that is what has destroy the power of the local currency.