Quote from: andreijoaquin on Today at 09:16:03 AM

I've been thinking of using bitcoin to help individuals especially those womens (I mean a plain housewife) who wanted to have additional income. Then suddenly this idea of microfinance gave me such an interest.
In many countries the evolve of microfinance grows fast
In fact, the government is really looking on it as a big help to the economy. Since banking institutions cannot offer such loans to least people, this microfinance open up a door and lend ordinary people with such low interest to help them start their own business.
If bitcoin can be use by a microfinace institutions as a new source of fund I think the goal of poverty eradication of many governments can be solve.

But the fact still remains the same :
Why would Government institutions think about using bitcoins and not other government made cryptocurrencies ? Since we already know that everyone out there is now trying to do this only. The US , India, China....I do believe they will start using these fiat 2.0 for this. But if they wanted to give opportunities they would have easily done this with fiat too you know.
With such big stimulus bills coming in many countries I do believe they can start 0% bank loans and help people in no time. Bitcoins itself changes in value thus could cause problems for the people who took it as a loan. If someone took 1 BTC as a loan back in the 2019 and decided to give back now.... I think they will have to use their profits too , this will forever be incomprehensible.