Bitcoin alongside other cryptocurrencies has aided the economic development of many countries. Bitcoin is typically used for online transaction and businesses in third world countries despite widespread poverty,
Their something I want some of us to understand concerning bitcoin, I know quite well that bitcoin is all about a digital currency, it's currency is something that can use every where you are, currently many people who is in outside countries doesn't send money home through bank right now, what people do about sending money right now to their beloved ones from another country, I will send the money directly to bitcoin because it will faster get to the place I wanted, so while people especially government is been against bitcoin is because they feel that bitcoin will be use for money laundering across other nations and that is while many nations fails approve for bitcoin to be a legal tender. The aspect of online transaction many uses bitcoin because its easier to fund an online payment instead of using either debit card or credit card.