Post
Topic
Board Bitcoin Discussion
Re: BTC is not human, someone have to use it right.
by
Nheer
on 18/08/2024, 10:41:03 UTC
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.
Having corrupt leaders doesn’t affect bitcoin usage in my opinion, bitcoin gives you financial freedom which means no one will be in control of your money. If the corrupt leaders want to use bitcoin to launder money it will not have an effect on your usage of bitcoin and if they embezzle country’s money well it will affect the country and not those who use bitcoin.

I know where you are trying to go but bitcoin has it's benefits and also it was not established to solve poverty problems it is designed to give us financial freedom but it’s volatile nature makes it more advantageous to use as it can grow in value over time but it doesn’t mean it will make people rich as you think.