Post
Topic
Board Bitcoin Discussion
Re: Crypto can help poor nations a lot
by
Dzwaafu11
on 30/07/2024, 20:12:03 UTC
Let's discuss crypto today and how it could help poorer countries enormously.
We all know about crypto, how it is still very new and it is very advanced by technology, but also requires a technical infrastructure which is not available in all poor countries.

It is good that you know that we need technical infrastructure before the crypto currency can be developed in a country. This is supposed to make you think and know that in a country that is poor, do you think their government will have time for crypto currency development, both technically and in other aspects of how it will be adopted by the citizens of that country? The government will rather use the few funds they have to create job opportunities for the citizens of that country.

Quote
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.

I don't see how the crypto currency will be of help for the poor because, before you enter, you need to have money to start crypto investment, so the poor cannot do this because they may not even have money to meet their needs. So how did you expect this person to think about investment? I believe he will not, so there are many ways that a government can make things good for their citizens. I feel like even if they include crypto, it should be later after they are well developed.