People are ready to invest in crypto in developing countries but the government is not encouraging this. In some of the developing countries, it is already banned.
Is just the way they adopt and thinking negative about crypto. Crypto development isn't depending on them actually, it could grow gradually as other countries supporting it. We expect a lot of changes and surprises within 5 years from now and it surely crypto will soared worldwide.
It is because that country cannot see the advantages of bitcoin and only look for the bad side that happens in other countries that already accept bitcoin but suddenly banned. Government of the developing country should change their views about bitcoin because it can also help for the growth of the economy.