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 ?
No, although bitcoin will be able to help some people on this country, but remember that in a poor country not everyone has access to internet and gadgets. People like in Africa are worried on how they would buy their food on a daily basis.
Also poor countries usually have a corrupt government. Regardless of what type of currency they would adopt as long as corruption is not stop they will still remain poor and living conditions will still remain the same.
One of the good things about bitcoin and why is not liked by corrupt governments is that allows you to avoid the corruption, the government can print as much of their fiat as they want but they cannot steal your wealth and they hate that.