Goldman Sachs: Bitcoin can be useful for a troubled economyAccording to the report of Goldman Sachs, Bitcoin and other crypto-currencies can be a good alternative to the national currency for countries with an unstable economy.
Analysts at Goldman Sachs Zack Pandle and Charles Himmelberg said that digital currencies and, in particular, Bitcoin, can become a viable means of payment in countries where traditional money is not sufficiently provided.
Goldman Sachs experts: crypto-currencies can help the troubled economy
I think it is hard. There are very limited ways to earn bitcoin. And saying that money is not sufficiently provided, it would be a third world country, wherein people will not be exposed to such technologies. They may get shocked on this new way of earning. And it can't be inplemented right away since they need to be trained. And access to bitcoin and other cryptocurrency maybe a problem since the country may also lacking technologies like internet. So it not easily applicable.