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Author Topic: Will Poor Countries Become Rich With Bitcoin?  (Read 447 times)

Offline Altcoin1998$

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Will Poor Countries Become Rich With Bitcoin?
« on: January 30, 2021, 10:31:49 AM »
Over the past few months, we have seen several countries enter the Bitcoin era in their own way. While we are not yet at a point where countries buy Bitcoin with their treasure reserves, we do see many nations allocating part of their energy reserves to Bitcoin mining.

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Will Poor Countries Become Rich With Bitcoin?
« on: January 30, 2021, 10:31:49 AM »

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Offline Malam90

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Re: Will Poor Countries Become Rich With Bitcoin?
« Reply #1 on: February 02, 2021, 04:33:39 AM »
Quote from: Altcoin1998$ on January 30, 2021, 10:31:49 AM
Over the past few months, we have seen several countries enter the Bitcoin era in their own way. While we are not yet at a point where countries buy Bitcoin with their treasure reserves, we do see many nations allocating part of their energy reserves to Bitcoin mining.

Whole article source: more

I don't think poor countries will become rich engaging with Bitcoin but it can put positive impact on their economy. Because if a large number of people are engaging in crypto, their financial conditions will be changed, it will put their per capita income that will increase their GDP also.
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