Post
Topic
Board Bitcoin Discussion
Re: how bitcoin and blockchain technology can be of help to poor countries.
by
pooya87
on 26/02/2025, 06:08:28 UTC
Poor nations can benefit from Bitcoin if they invest in it. Countries like El Salvador and Bhutan have invested massively in Bitcoin and I guess that they are now in profit.
AFAIK they have not sold their bitcoins which means you can't really say they've made enough profit to solve their problems. They just have an asset in their reserves that has appreciated in value and economic problems won't be solved just by having a valuable asset "in the vaults".