South Asian countries such as India, Bangladesh, Pakistan, Afghanistan, Sri Lanka, some regions are economically very distressed. Bitcoin is an important topic for these regions. Some people in this region live very close to the poverty line. Due to which it becomes difficult for them to run parallel to the country. Through this platform the foreheads of the people of all these regions are being opened.
Bitcoin could create a few new jobs in these nations that could help the citizens of these nations earn a living. In my location, some youths learn diverse skills associated with cryptocurrencies and they are making money from them. Bitcoin can also attract investors to these countries which could also create employment opportunities. There are other online jobs that could also assist people from poor nations to earn bitcoin from accomplishing various tasks.
But when it comes to buying and hodling or trading Bitcoin, citizens of poor nations face so many challenges. They are limited by lack of funds to invest because of employment or underemployment. They also have to grapple with poor economic conditions, a lack of infrastructure such as power and internet facilities and corruption. The majority of the people in the area are thinking of how to survive and not how to invest because of poverty. Some young boys who were running a local Bitcoin exchange in my location were arrested by corrupt police officers who accused them of fraud. These young entrepreneurs were innocent but they were intimidated by the government officials and forced to pay bribes.