That is to send to their paypal account not to be able to withdraw it to a bank accunt!
That is just saying someone in those countries can open a paypal account but they cannot withdraw the cash to a bank account in their country!
Anyone can open a BTC wallet in 2 seconds, it is a level playing field there is no red tape and no BS.
Dude. Are you serious? You are telling me that you can use bitcoins for P2P payments. I am telling you that you can do the same thing with Paypal, cheaper, in all of the places that you claimed that people couldn't. The only thing that matters is liquidity -- and there is no question that mobile/web payments providers will continue to ramp up services in developing countries.
You can't withdraw BTC to a bank account in your country, can you? Much of this discussion is
about people without bank accounts. I really don't see where you are going with this. The point is that people can exchange value cheaply without banks.
There are many, many ways to convert Bitcoins to local fiat everywhere in the world (which is a factor in liquidity).
To be able to purchase locally with funds locked in a paypal account doesn't seem the same, does it?
Why are you guys getting so angry go back to inflationary fiat only designed to keep you on the mouse wheel the rest of your life if you love it so much!