Do you think that the adoption of Bitcoin in poor countries as a means of payment can be a source of conflict
I asked this question because many poor countries believe they are in democracy and enjoy freedom. However, the reality is that there is still some form of domination by former colonial powers. They are free on paper, but not financially. That’s why I wonder if one day one of these countries decides to adopt Bitcoin as a means of payment and whether this could lead to conflicts.
In the poor countries there are some group of people enjoying the privileges that others aren't enjoying hence they'll be against everybody having the same freedom as they do which Bitcoin can offer because with the adoption of Bitcoin, everybody will be having the same financial benefits. But with the current way their system is structured, it'll be hard for the same privileges to get to everyone. Alot of poor countries don't have democracy but they're being lied to that they do. Poor countries don't need Bitcoin right now, the have other challenges that needs to be handled before they start to think about adopting Bitcoin. There are electricity, good government, road and other issues that are more important and they have to focus on that first before thinking about how Bitcoin can help them. Bitcoin needs electricity but most poor counties don't have or they can't afford electricity 24hrs ina day.