Quote from: mindrust on October 03, 2021, 01:01:33 PM

First El Salvador and now Zimbabwe, soon the whole world. It is amazing how those poor countries are embracing bitcoin while the west watches and China which is the second biggest economy in the world bans it. It is time for the poorest people on earth to make the right choice for once. The poor and the rich will switch their roles soon.

I would say that making this type of attention into crypto is more of a third world country deal. El Salvador and Zimbabwe has one thing in common which is the fact that their fiat currency is not that strong. So, that means if people are interested in crypto and make a good profit from it, then it would mean that we could see those nations recover economically with people making decent profit from crypto and bringing that money into their nation as well.

It could be from taxes, it could be from them spending that extra income inside their nation or it could be anything else really as long as money goes into a nation. So, crypto is basically savior for all these small nations.

I personally come from one of those poor nations and it has helped me immensely and our government supports it, even takes a lot less tax from it then most other incomes to get crypto more popular, it really works for many people, probably close to a million people, it is a very good idea if done correctly.