Lots of countries in the developing world suffer from corruption, low wages, lack of infrastructure and so on.
BTC could help drastically when it comes to buying and selling goods. Merchants can be guaranteed set prices (no exploitation) since the transactions are publicly recorded on the Blockchain. Those living in rural areas don't need to travel to the city to deposit/withdraw from banks but rather they could access their funds from their mobiles.
The Blockchain could vastly improve the economic situation there and allow real fast paced development.
Topic: How can Bitcoin help the developing world? - page 19. (Read 2122 times)
I'm not sure that bitcoin can help the developing country I mean how can it help the country if that country and their government against it and trying to ban it. It might be blockchain the technology behind bitcoin, we all know that there are so many benefits from blockchain that can help the country especially financial systems, but if your talking about bitcoin i don't know it's such a threat for them.
bitcoin help the developing the world by giving opportunity to others!!
giving opportunity is help the country or world to earn for their development
making the world much better investment on bitcoin gives you a opportunity to earn a good profit in future!!!!
giving opportunity is help the country or world to earn for their development
making the world much better investment on bitcoin gives you a opportunity to earn a good profit in future!!!!
It could help proliferate online jobs. You're not going to need a bank account to get paid, and there will be less legal stuff you need to take care of. Get a wallet and you're done. It's also more convenient to transfer money around the world. Other than those I see no significant impact.
Yes it can help many people who are wanted to have a fast transaction wherever they are and also it can opens a big opportunity for everyone who are wanted to earn an income through internet by using bitcoin. I want to try open Bitcoin Business. This cause I just have this question. I wanna know is Bitcoin can give a better world and future.
Bitcoin can't help the developing world. The Blockchain technology help the developing word.
It could help proliferate online jobs. You're not going to need a bank account to get paid, and there will be less legal stuff you need to take care of. Get a wallet and you're done. It's also more convenient to transfer money around the world. Other than those I see no significant impact.
For the developing world to benefit from bitcoin or crypto currency they have to adopt crypto currency into there system as soon as possible. And at the same time, they need to invest heavily to get the much needed money and to make businesses easy for the investors that will come into their country, and that will lead to development of the developing countries in the world.
It's help decentralize the world. But not only that it will encourage technology to evolve with Bitcoin.
Bitcoin helps the developing world in many ways. It creates job for people and reduce unemployment. In this way it effects country's economic. It helps in online money transactions.
Bitcoins have an important role to play in making our lives easier. So you're thinking about what bitcoins give in our lives see how people have been successful in life because of bitcoins. Now they are no longer working hard and are happy to have their families around
Well I guarantee you any developing country that invest a lot into Bitcoin now will be very happy they did so in a few years from now. 
I want to try open Bitcoin Business. This cause I just have this question. I wanna know is Bitcoin can give a better world and future.
Jump to: