Post
Topic
Board Bitcoin Discussion
Re: The adoption of Bitcoin in poor countries: a source of conflict?
by
Woodie
on 02/11/2024, 13:04:59 UTC
Do you think that the adoption of Bitcoin in poor countries as a means of payment can be a source of conflict
Are you implying that where conflict is found bitcoin thrives Huh

Venezuela had a bad patch and bitcoin seemed to be the preferred mode of Payment,  not sure on the conflict standing...

Zimbabwe had a collapsed currency to the extent of having the USD of the USA being a currency to be used as substitute currency but this could not be supported and resulted in opting for cryptos like Bitcoin which were traded at a premium...but what was upset was the conflict and I don't think headline fills in the gap.

Currently Russia-Ukraine is in crossfire but I don't think Bitcoin is stealing the headline as several modes of payment exist in affected places , but does this make these two countries poor, I don't think so...