Post
Topic
Board Economics
Re: THE BITCOINS AND THE UNDERDEVELOPED WORLD
by
arpon11
on 19/06/2019, 05:36:24 UTC
               
                                       
                     
THE BITCOINS AND THE UNDERDEVELOPED WORLD…THOSE WHO ARE STILL BEHIND

             As time passes bitcoins get more and more interest worldwide, weather sooner or later, it will impact the world economy such that people with no knowledge of it will be left behind. Observing this i can’t keep myself from worrying; what about those who cannot have access to the bitcoins and are not even aware of it existence, this seems surprising but there are much more of people in this situation than people may imagine, those who have never even had access to a computer or worse don’t even have electricity, those people may have access to money though not much but if the bitcoins spread worldwide their situation may only worsen, I am talking of course here of the underdeveloped countries. 
           
             Are my fears wrong? If so what do you think can be done at our level to change something being it even only slightly?
I think this is a problem for all of us even those who don’t feel really concern…

I am from a third world country and I do think that if our government can embrace cryptocurrencies most of the financial problems my country is having will be a thing of the past. I remember how a country in Africa  has its currency valueless because of the effect of dollars on their money. If this country accepts cryptocurrencies or bitcoin that is decentralized as their currency I do believe that, this will not happen and  the issues of internet I don't think will be a problem as most community has internet access now and it will be easier to be thought for those that did not have the knowledge on how to used internet.