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
Yes this is undoubtedly true. Especially for the economies which ate facing the issue of hyper inflation it helps in stabilization of prices because the volatility of btc would be much less than that of their own hyperinflated currency. But I think keeping it in game for too long could possibly lead the whole Economy into a Deflationary spiral because bitcoin doesn't provides room for growth of the economy.