The economies of the developing world will feel the earliest and greatest impact from bitcoin. Not only are bitcoin’s enormous benefits very personal, they are also contextual depending on your political geography.
Individuals residing in high-inflation countries with relatively sufficient Internet access as a percentage of population do seek refuge in bitcoin.
The worst offenders depriving their subjects of monetary stability or a reasonable – albeit ‘coerced’ – store of value are the dictatorial regimes in politically tumultuous countries like Belarus, Sudan, Syria, Iran, Ethiopia, Malawi, Venezuela, Burundi, Yemen, and Tanzania.
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