Is it good or bad to invest Bitcoin in developing countries?

[Istiak]

Bitcoin is not anyone's property. It is a decentralized ecosystem and this is always a good investment opportunity no matter where you live. You can check BTC potential growth for the past few years. This will shock you.

[Arendra]

because bitcoin is an independent investment, there is absolutely no government interference. So I think there is no problem if you live in a developing country and want to invest in bitcoin. In fact, this is a good opportunity.

[jakasantosa]

As long as we can invest in Bitcoin. wherever we are and can access the crypto market and can exchange Fiat money into cryto coins, especially bitcoin. We can invest even in developing countries. As long as the government does not take firm action to prohibit bitcoin like countries that have not legalized bitcoin, we can do that.

[Master107]

As far as I know bitcoin investment in Philippines is not restricted neither legal. Filipinos who are interested with bitcoin will invest secretly. It wasn't allowed to broadcast your bitcoin investment because banks are afraid that people will stop the banking system. The government do their responsibility to control news on air with regards to bitcoin. Most of the time bad news like millions of dollars got scammed. This is one way to influence the people about the negative impact of bitcoin investment. However, there are a lot of Filipinos who invest and remains on bitcoin investment.

[Cryptoz]

Totally not. Bitcoin is available and suitable for all countries in the world. No matter it is a developed or developing country, as long as we want to learn and also focus on them, we can really make our own profits. what we need is the legalization regulation of the bitcoin in our country in order to make every transaction easy

[alltalk]

No need to worry as long as you have a local exchange there. You can easily convert your Bitcoin to your national currency. I have joined Bitcoin and my country is also a developing country. I have no problem at all since there are no obstacles to convert your Bitcoin. It is different if you cannot convert your Bitcoin to currency. Anyway, even if you have no local exchange you still can do it even it is a bit complicated.

[DAMKAR]

I just wanna know if it's wise if I will invest bitcoin in different developing countries such as Philippines and ny more. If you do have a answer, please state your thoughts and share it here. Thank you!

In my opinion always good for investment in every where. At developing countries is a good place to invest bitcoin too. Because they will need Investment and technology. Bitcoin is more popular now and really good block chain technology.

[flyaccount]

I think it is okay for any type of country to invest in bitcoin. Because the government does not interfere in this investment. And indeed anyone can invest in bitcoin. so if you really want to invest, why not?

[Quart]

There is no obstacle to be found whether you are in a developing country or not. The only reason is is it legal or not in a country. Today, many countries have decided and aso have regulation about BTC. Mostly they ar elegal for certain pruposes. And here, I believe many people in developing countries are also welcome to it

[ayatoslaw]

Developing countries or not is not a reason for someone to be afraid to invest in bitcoin,
as long as you can access exchange sites such as binance, coins ph, okex etc then you can invest in bitcoin,
good or bad it depends on how you value bitcoin.

[IvugeoEvolutionCoin]

I think if there is a country that develops cryptocurrency technology for economic and technological development then it is a very smart choice because it can take advantage of bitcoin as the best alternative.

[Alcor]

Bitcoin can be invested not in a country, but in a specific commercial project located in a specific country, since today it is hardly possible to find national government programs in which one could invest in bitcoins.  If it is a commercial project, then it is profitable or not profitable to invest in it, depends on the project itself.  It is very difficult to say anything in advance here.  Many worthy firms from developed countries locate their production facilities in developing countries to be closer to raw materials, and they work successfully.

[Delgboke]

In my opinion it is good to note bitcoin investment in developed countries is quite good idea because most developed countries are organise and reliable in times of refund if anything goes wrong based on the system of their government,

[Msweet]

If you have invested in Bitcoin then you will definitely benefit as the price of Bitcoin is rising now.

[Btceth01]

It is very bad to invest in bitcoin in developing countries.  Because almost all the people in this country are poor.  If they use their money for all these activities, they will never be able to make a profit.  And all these things should not be invested in developing countries.