Post
Topic
Board Economics
Re: bitcoin in developing countries
by
korkyqq
on 04/07/2018, 17:47:50 UTC
at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?

The only important thing is that the governments in developing countries don't want Bitcoin in their economy. They don't want something they can't control.
They will stick to the Fiat currency system because they wan't to control the money supply, the wealth distribution, and as it stands they are set to keep the countries developing, and never developed. This keeps the majority of the citizens poor and easy to manipulate by the politic elites.