Post
Topic
Board Bitcoin Discussion
Re: how bitcoin and blockchain technology can be of help to poor countries.
by
348Judah
on 25/02/2025, 11:28:45 UTC
To me I believe that bitcoin and blockchain technology can be of help to poor countries with inadequate infrastructures in numerous ways, if been legalise in those countries.

This is not about legalizing bitcoin as an acceptable means of making payments or a legal tender by any country as the major challenge, but how they are going to maneuver their opportunity from taking this step to develop their country for good, am going to site in two examples for you to take a look at, Bitcoin has been made a legal tender in El-Salvador and Central Africa Republic, but is it obvious that El-Salvador had plans already in place for its decision and that is why they never for once regret taking this decision on bitcoin use, whereas things have almost remained the same in Central Africa Republic after it's own adoption, all because the necessary plan before the strike in action take effects were not in place, Bitcoin can help improve on any challenging economy of a country, only if the leaders and the people will all work towards a common goal to acheive what bitcoin has to offer, but most of our leaders may not allow for this.