Quote from: ValerieBTC on August 08, 2018, 11:22:52 AM

Quote from: michellebson2 on August 07, 2018, 07:54:55 AM

Countries in Africa will probably need bitcoin to help them improve their economies. There should be a common currency for these countries, bitcoin is very appropriate, but their government needs to cooperate with developed countries to change the economy.

And that is even possible to make happen by introducing Bitcoin in the continent. The ratio of people living below the poverty line is very high and this lead majority of them into crime and many illegal activities and many of them end up in jails or in worst health and mental condition so it is a dire moment for introducing Bitcoin into such low income people who might be able to use it for their welfare and to improve their living standards.

I think that is happening lately with crypto getting bigger. I mean tobacco companies pay politicians to help them out on health issues, whereas weed is even less harmful than cigarettes we see that everyone smokes cigarettes but weed is legal in only some places. We see internet companies getting paid in billions from tax money and fail to deliver their promises but they use that type of money into politicians. We see many companies lobbying.

Well, crypto is getting bigger and we may soon see that wall street people who bet on crypto and hope for it to go up will soon lobby politicians to keep it legal and tax it cheaply so they can make money off it. Bitcoin is a proven way of supporting for the countries that have failed with traditional economic practices. Hence, we may see many countries to adopt bitcoin in coming days due to this reasons.