Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin help a poor country or nation
by
freedomgo
on 17/05/2025, 22:47:55 UTC
I think Bitcoin can help a poor country or nation by protecting it's asset from hyper inflation and economic collapse and that if the country invests on it just like what El Salvador, Bhutan and some US states did. Bitcoin being a decentralized asset to a specific country will ensure it's people that the said asset is safe and secure.
That’s true, but only if a country actually invests in Bitcoin.

The problem is, in poor countries, some leaders prioritize corruption and even neglect the basic needs of their people. So investments like Bitcoin often end up at the bottom of the list. Bitcoin is just there waiting. But it’s not magic. It’s the action of the leaders that will make the difference.

So, can Bitcoin help poor nations? The real answer: It depends on the leaders.