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.
Yea, so many of these countries are really lagging behind in everything and it would be very hard for even the citizens to have access to the internet, let alone have enough to afford a smartphone as the economy has been extremely ridden by the corrupt government.
Even if things are to change a little bit, that still will not stop the government from going ahead with their corrupt practices anyway and then still end up crumbling the whole economy of the nation.