Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin help a poor country or nation
by
GideonGono
on 21/05/2025, 12:42:38 UTC
We need to know that crypto doesn't perform any magic. If the country is poor, the government should help its citizens  upgrade to a certain level where they can help themselves.

If you live in a poor country, how can you afford to buy crypto to help someone? Crypto isn't always the answer to everything. For some, spending a little on cheap coins might pay off, and they might have a big success story, but that’s not always the case.
 
Crypto doesn't end poverty, in fact, it can make you poorer if you don't know what you're doing.  if you have the right knowledge and resources, it can help you make a lot of money.


I agree with this, it is an investment and not all investment or investor would succeed in it.
They need to understand or know that there is a possibility to lose some money when investing, don't be blinded by what they see or heard on social media, not all of those successful stories about crypto are as easy as it seems, there are so many things to consider.