That said, cryptocurrencies can still be a useful piece of the puzzle. They can help bring in foreign investments, make international trade easier, and even inspire technological advances. And on top of that bring in more tourists...
And once again, bitcoin isn't a benchmark that a country suddenly becomes a prospective business haven. Because business people will also take advantage of local human resources as much as possible if they're adequate.
I'm wondering what are the indications of successful bitcoin adoption when it reaches massive usage? Sorry to say, my mind tells me that even some of the productive activities of the local population dont involve much use of electronic devices such as smartphones.