Quote from: CuteBaby123 on February 07, 2018, 11:36:02 PM

Quote from: Klestar on January 10, 2018, 07:36:09 AM

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?

Governments of the third world countries must support Bitcoin. Considering that these are poor countries, they must encourage their people to invest in cryptocurrencies so that they may be able to help them in their financial needs and also in their economy. They also must provide right information to their people regarding Bitcoin.

Unfortunately most of them denying the existence of bitcoin for the reason of bitcoin could disrupting their economic stability, if the government encourage all their people to invest into cryptocurrencies and all of them doing so and then suddenly the price drops can you imagine what will happen? a crisis, yeah, all the things you will do have the consequence. It's not about helping financial needs, bitcoin is now becoming speculative tool and definitely not a good thing to go all in.