Post
Topic
Board Bitcoin Discussion
Re: Crypto can help poor nations a lot
by
Luzin
on 24/07/2024, 05:10:55 UTC
It can help to address inequality and improve living standards in poor countries, being of benefit to everyone.  Smiley

Let’s discuss today about Crypto and how it can extremely help poor nations.

Maybe some countries can learn from El Salvador, but they can't imitate the same. Every country has its advantages and disadvantages. Bitcoin is very open to adoption and even increases the value of state revenue. But keep in mind that this adoption will not be easy either. They need economists and crypto experts.

If you just look at El Salvador's success and draw easy conclusions, I think it's difficult. If they manage the economy alone, they can't, let alone manage the volatile Bitcoin. So I think they have to improve the government and economic system to cultivate expert human beings. So that they are able to improve themselves.