Post
Topic
Board Bitcoin Discussion
Re: Russia, Philippines, Indonesia and India support crypto the most
by
btc_angela
on 24/06/2019, 22:18:31 UTC
don't u find it weird? The less eveloped counties support blockchain implementation the most? what is the reason? possibility to earn or to steal?

Link to the article: https://ambcrypto.com/indonesia-russia-philippines-and-india-among-countries-whose-citizens-actively-support-budding-crypto-projects/

I have my doubts on Russia, I don't know if you have followed their Annoucement since 2017, but it seems they're just riding the popularity of crypto, because they seems to contradicts themselves a lot. As far as those two South East Asian country, they have regulations, but I don't see much adoption, except for Philippines coins.ph which is widely used amongst Filipinos. But if you look closely, there are no merchants or restaurants wherein you can spend your bitcoin in that country.