Post
Topic
Board Economics
Re: bitcoin in developing countries
by
Pan Troglodytes
on 07/08/2018, 09:06:41 UTC
People are scared that rising inflation will replace electronic money. But I think that only happens when that country actually has the cryptocurrency industry developed. Let the government pay more attention to Bitcoin and make more efforts to bring about the positive aspects that Bitcoin offers.
On the other hand I strongly believe all that negativity is the psychological response to fear of something new, as time passes they will see that they can neither do anything about it nor control it. Then acceptance comes: they will see and understand the benefits.