Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin help a poor country or nation
by
uneng
on 08/03/2025, 22:54:32 UTC
Bitcoin can help individuals from poor nations to overcome the local barriers and obstacles imposed by corrupt and inefficient governments, besides local society, which also doesn't help in anyways, as the barriers are a matter of culture and mindset as well.

It's important to understand the country isn't going to change, though. As pointed out, Bitcoin isn't a magical currency which will turn corrupt into honest and bad habits into good habits. The structure of a poor nation is too strict to be changed by a digital currency.

The few individuals who used and are using Bitcoin on their favour have to consider alternatives like moving themselves to countries where they can share the same mindset and lifestyle with other people. To have faith their countries are going to improve at some point can be a frustrating mistake.