Quote from: Hyphen(-) on Today at 05:44:08 PM

These countries you are referring should be under develop countries, and underdeveloped countries might have shortage of technology which means it will be difficult for them to accept Bitcoin as legal tender because we all know that technical knowledge is needed to handle and control Bitcoin.

And countries that are not completely free by their colonials can have access to something’s, but taking the decision to accept Bitcoin can be very hard for them.

Quote from: Kevystia on October 24, 2024, 05:38:04 PM

Adopting Bitcoin could offer several advantages, such as increased financial inclusion, reduced transaction costs, and protection against inflation. However, these benefits may also raise tensions with established financial systems and governments.
Do you think a poor country will experience peace if it makes such a decision?

Poor countries need money to run their countries, and they can end up taking loan from other countries to survive. Holding Bitcoin can help them but they need to have extra money as reserve so that they can hold the Bitcoin for long to help them fight inflation, and they can use the profit to develop their countries.

Their priority will be different as they will aim for electricity or food before any advancement in technology. This is why, it will be a challenge for poor countries to promote new tech because they have other basic needs to address first. People will ask for better living conditions rather than new payment method. We need to put ourselves in their shoes so we know how they feel about this situation.