Given the critical role that electricity plays in the development of society, why do the leaders of those developing nations either not prioritize solving their energy-related issues or seem content with the status quo?
Using a personal solar panel to turn on a generator is the only way to survive.
Usually corruption issues. You can look at the entire African continent and find that the majority are living without electricity or without a reliable source of cheap and sustainable electricity. As such, their economies are under developed.
Cheap energy is the blood of any economy. You get rid of it and you can count on economic growth being stunted. And of course, pertinent to some of us, Bitcoin adoption becomes harder.