Quote from: Jibdeen on September 09, 2024, 03:34:10 PM

Bitcoin has many things to do with the current economic situations in different countries,some of these what bitcoin has done to the economic of many countries are -
first of all it provide employment and source of income thereby regulating the unemployment rate and increasing the efficiency of the economy.
secondly bitcoin could have hep many countries if they would have acquire some and make it a legal tender years ago.
thirdly it reduces crime rate in some countries because the reason for some of these crime is unemployment.

True that, but don't you think it is the people who invested in Bitcoin to integrate into different applications are the ones giving or providing employment? Bitcoin is just a tool but companies and people are the one giving opportunity for a job.

Quote from: Jibdeen on September 09, 2024, 03:34:10 PM

And lastly bitcoin rescues many families and individuals get rid of poverty thereby increasing the quality of life ,helping businesses,and helping the economy in different ways.
Bitcoin has really help the economy , this is just a nutshell of some notable works bitcoin has done to economy of many countries so i don't really see the reason why the government of some countries failed to make it a legal tender till now even after seeing what it has done to their economy.

No... I think it is the people themselves that rescue themselves by taking advantage of Bitcoin volatility and growth. Bitcoin won't be able to rescue anyone unless these people invest their time and money in improving their financial status. Since Bitcoin is a new industry, it offers lots of things that can give people benefits, but it is up to the people to use Bitcoin to improve their status in life. If Bitcoin is the one rescuing the families and individuals then why does those people who does not partake in Bitcoin activities are still in poverty?