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?
Bitcoins is really good for developing a country because the amount of profit for cryptocurrency is very high and that is the reason why japan is legalizing bitcoins in their own country.
Indeed, in developing country like my country, peoples start knowing about cryptocurrency bussiness or bitcoin. They want to earn extra money by investing their money on this market. Peoples know that cryptocurrency growing very fast and can give big gain in short time. But sometimes peoples not aware on the risk, sometimes they dont know that cryptocurrency is long term investment
It is very good that now in developing countries people are using bitcoin. In my country now we have the facilities to use bitcoin for recharging our mobile balance and for some other purposes, but still i cannot see any shopping mall who are accepting bitcoin for shopping there. i think that it will take some more time, when more and more people will get knowledge about bitcoin.