Topic: Some Countries living behind their century, taking a back sit on BTC evolution. - page 4. (Read 529 times)
September 14, 2023, 07:48:30 PM
Developing countries have much bigger problems. Let alone having a fast internet, there are countries with cities that don't have proper infrastructure. In some countries, people have difficulty even accessing clean water. You can't tell these people about Bitcoin. Unfortunately, not everyone lives in the same age.
September 14, 2023, 06:49:23 PM
How did you gather your information that led you to think the way you do? Let me use Nigeria as an example. There are a lot of crypto enthusiasts both here in the forum and outside the forum who are secretly making a living through crypto trading and other crypto activities. If they don't tell you, you will never know. They have studied the market and learned the importance of getting involved in trading.
Just like a member pointed out above, the problem is not entirely on the citizen, but how the citizen shows their concern or reacts towards crypto depends on the kind of response they might get from their country's government and regulatory bodies. If it's an entirely crypto-friendly country, then their crypto adoption number will be shown, and most people will publicly showcase their involvement in it. If the government can also render some level of support for those who are willing to learn, then the number will also extensively increase, and that could do a lot of good in terms of empowering those that might benefit from it.
Just like a member pointed out above, the problem is not entirely on the citizen, but how the citizen shows their concern or reacts towards crypto depends on the kind of response they might get from their country's government and regulatory bodies. If it's an entirely crypto-friendly country, then their crypto adoption number will be shown, and most people will publicly showcase their involvement in it. If the government can also render some level of support for those who are willing to learn, then the number will also extensively increase, and that could do a lot of good in terms of empowering those that might benefit from it.
September 14, 2023, 06:31:48 PM
I would say it mostly has to do with bad politicians who pass Draconian policies upon their Citizens. The biggest fear of politicians or rulers is losing power to the people, including losing a grip of the financial control, so they end up scaring people to stay away from using Bitcoin, which gives financial power back to the people.
With good laws, I have very high faith that even in the most remote or less developed Country, people will still find away of learning how to use Bitcoin and perhaps teach others too without having fear about the repercussions of getting caught.
With good laws, I have very high faith that even in the most remote or less developed Country, people will still find away of learning how to use Bitcoin and perhaps teach others too without having fear about the repercussions of getting caught.
September 14, 2023, 06:30:58 PM
Every countrymen is well aware of bitcoin and are much into it through some means. Among the mentioned countries, Bangladesh and Nepal governments were against cryptocurrency. They fear that this could serve as a threat to their economy. This is wrong prediction from government, and teams can you be organised to understand the goodness. Bangladesh have gone one step above to ban and arrest people if they're found to hold cryptocurrencies. Beyond this people continue to use reaching India. Amidst all the good about bitcoin, the usage continues through some means. However the legal adoption and regulated usage could let users have a better usage access.
September 14, 2023, 06:08:50 PM
While there are worse countries that don't listen to the outside world that Bitcoin won't harm them and their people, they just don't want to try something new even if there will be a raise of awareness into their regions. That's why you see the division of many countries because they believe to their only policies which they think is enough to compete against the other nations. But let us just put it this way, while many countries are very optimistic with the adoption of Bitcoin, making it as a legal tender or they have nothing against it so people are free to use it. We can't just change the fact that even with the positive progress in many countries that have adopted it, there will always go with the traditional believe and likely remain to be just as the hermit kingdom and not open on it.
September 14, 2023, 05:17:50 PM
Some of the countries you mentioned are not doing so badly compared to other countries who do use BTC or have adopted the Blockchain idea.
Why cryptocurrency or the emergence and use of BTC is gaining customers, is due to the fact the government is doing well in doing nothing to ease the inflationary taxes and purchasing power.
Why cryptocurrency or the emergence and use of BTC is gaining customers, is due to the fact the government is doing well in doing nothing to ease the inflationary taxes and purchasing power.
September 14, 2023, 04:52:58 PM
Bangladesh, Domican Republic, Bolivia, Nepal, Ghana, Algeria and a host of other nations seems not to understand the times and seasons as regards world changing currency BTC, despite being accepted in most part of the world.
Bitcoin can not be totally restricted in a country. Let us take gambling as an example. Did you know that people in the countries that gambling is banned are still gambling? Take cryptocurrencies like that.
There are some countries that did not totally ban bitcoin. Let me use Ghana for example:
Www.https//cryptonews.com
Fix the URL. It supposed to be https://I personally think more awareness about the benefits of trading with cryptocurrencies needs to be created particularly in nations where there are restrictions and banned on cryptocurrencies and also it should be made more simple for easy use no matter the level of one literacy. More work is needed. What are your thoughts?
More awareness should be made in the country that cryptocurrencies are banned? What you said is contradictory. 
September 14, 2023, 04:30:36 PM
I believe these countries understand what Bitcoin is, it is that the leader does not think that adopting Bitcoin will help them to improve their country. It is a matter of the leaders belief for a country to implement something new. Maybe they have more important things in mind that they think will have a better effect and improvement if implemented first than accepting Bitcoin.
Whatever the reason these countries ignore or worst ban Bitcoin because they see this as a threat to their citizen fund's safety or possibly they do not have the technology and knowledge to directly take advantage of the opportunities Bitcoin offers. But mostly I believe the government does not want to spend resources to an entity that they can not have full control.
Whatever the reason these countries ignore or worst ban Bitcoin because they see this as a threat to their citizen fund's safety or possibly they do not have the technology and knowledge to directly take advantage of the opportunities Bitcoin offers. But mostly I believe the government does not want to spend resources to an entity that they can not have full control.
September 14, 2023, 04:10:29 PM
Bangladesh, Domican Republic, Bolivia, Nepal, Ghana, Algeria and a host of other nations seems not to understand the times and seasons as regards world changing currency BTC, despite being accepted in most part of the world.
Www.https//cryptonews.com
I personally think more awareness about the benefits of trading with cryptocurrencies needs to be created particularly in nations where there are restrictions and banned on cryptocurrencies and also it should be made more simple for easy use no matter the level of one literacy. More work is needed. What are your thoughts?
Www.https//cryptonews.com
I personally think more awareness about the benefits of trading with cryptocurrencies needs to be created particularly in nations where there are restrictions and banned on cryptocurrencies and also it should be made more simple for easy use no matter the level of one literacy. More work is needed. What are your thoughts?
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