Quote from: Crypt0Gore on August 17, 2024, 12:51:27 PM

I have read few posts about how crypto and BTC can change the country for the better, and I fully agree to this but what if the leaders of the country are all corrupted? In this case I don't expect Bitcoin to help a bit, the leaders will find ways to start using crypto to their own advantage, maybe embezzlement of the country's fund.

If your leaders are corrupt don't bother trying to force them to do anything that will make the country grow using Bitcoin and crypto, it is not going to work.

Bitcoin is not the solution to countries with high poverty rate if the leaders are all corrupt.

Bitcoin can't make wheat, carrot, or meat, it can't create a surgery, it can't build an apartment. Bitcoin is not a magic stick to save poor countries from their mistakes. Poor countries need to invest in education, healthcare, they need to send their people to study in developed countries to get a good education and improve their country with that education. If the government isn't doing this, then there is no hope for other things to improve the life in such a country. If the government doesn't do that, then the government is corrupt and Bitcoin will only help them in their corruption and nepotism.

Quote from: BitcoinGirl.Club on August 17, 2024, 12:55:14 PM

Quote from: Crypt0Gore on August 17, 2024, 12:51:27 PM

Bitcoin is not the solution to countries with high poverty rate if the leaders are all corrupt.

They can be corrupted but with Bitcoin you have your freedom. Your money is not in their hand, they can never freeze it, they will never know what you have unless you failed to protect your privacy.

Can't agree with you on that part because blockchain analysis is getting advanced and if you are their target, they can do their best to make it very difficult for you to keep control of your coins. It's getting hard to buy/sell Bitcoin without KYC, you'll have to spend many coins to protect your privacy by using, maybe multiple mixers.