Post
Topic
Board Bitcoin Discussion
Re: Bitcoin to 3rd world countries
by
carodupuis
on 02/02/2018, 07:35:15 UTC
What do you think is the future of bitcoin to these kind of countries which is the poor ones ?
Is bitcoin can be useful for the citizens ?
What would be the government's approach to this kind of currency?

I doubt very much that Bitcoin as well as the other cryptocurrencies will be used in these countries (at least in the nearest 8-10 years). People there care about simple money that is cash. For them even 10 dollars is a very large sum.
You are underestimating third countries a little bit no doubt that they will take some time and it would also late for them by that time but by looking at the present progress rate of all crypto currencies specially bitcoin, we can say that it will reach faraway places within next 5 years. But the main problem is, a person must have some knowledge of computers so that he can use it for getting benefit.