government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.
I agree on you, japan right now is using cryptocurrency to improve their own economy and that's the reason why their own people is living in wealth so i hope that bitcoins someday will be recognized on other countries as well.
Bitcoin is a technology,purpose of technology is to help in many ways and to make things more easier and simpler. Like all technologies this one will do what you program it to do. I don`t understand how using cryptocurrencies can pay off some debt, you need to make money, or crypto currencies and than you need to pay the debt with that. Simple explanation you need to have something already and than to add some technology
for more efficiency.
Cryptocurrencies can create more healthy economy than current economy is. With that will come more money and if you distribute that more money in the right direction you can lower poverty in the country.