Post
Topic
Board Bitcoin Discussion
Re: Bitcoin for Afghanistan and Taiwan
by
TheNineClub
on 20/08/2021, 13:24:38 UTC
Given the events in Afghanistan over the last week, it is a great example of where bitcoin could have been of great use to the people of the country.  The currency, the Afghani, fell to record lows.  Anyone who owned bitcoin was protected and could escape the country with their assets, not worrying about capital controls or confiscation at the border.

Not a good idea though. If people see the Taliban use it (and let's face it, that's inevitable if the common people start using it) it will give bitcoin a bad name that we can't really recover from as long as it's used there.

This exactly. And to be fair, there is only a small percentage of Afghani people that would use BTC, most are at least 2-3 centuries mentally behind that. And this is no disrespect, the fact is that a big part of that country is just behind a bunch of years due to being in constant turmoil. I don't see how crypto would make any good sense there.