Quote from: davis196 on Today at 06:52:13 AM

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

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.
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?

Adopting Bitcoin as a financial asset(and as a means of payment) and accepting Bitcoin as a legal tender are two different things.
I think that most poor countries have no problem with adopting Bitcoin as a financial asset/means of payment. I also don't think that the former colonial powers care that much about Bitcoin adoption in the poor and underdeveloped countries. Most poor countries have weak national currencies and the adoption of a globally accepted cryptocurrency might have some benefits for the citizens of those poor countries.
However, I don't think that Bitcoin is a financial panacea and you are definitely wrong about the "reduced transaction costs".

Big countries don't see it coming from small ones because it wouldn't make a difference for them - however, they will see more and more how BTC - may - help in some regards and some spheres in the finances.
It will be a good point to learn how BTC may be adapted to different needs and conditions on a much bigger scale.