In our country, its value has already break through the 1 Million barrier in terms of our currency and that is a huge deal for us and its now or never for some users in our country to invest more in Cryptocurrencies. This just shows that Cryptocurrencies can really help the financial stability that most people need in third world countries.
Financial stability? For real? I think it is not showing the slightest chance. I live in a third world country and reality speaks that this is not true. The idea that the market price will continue growing won't make it a reliable source of income to result into financial stability simply because the increase is not totally continuous. It'll take years in order to come up with another all time high(based from its past) which is in contrast with the idea of stability. Those who will afford investing huge amount and will be able to wait for a long period of time will be the ones who will benefit the most but only few people could do that.
That is true. I can relate to what you are saying as I am also in a third world country. Upon reading the title of this thread, the first thing came into my mind is that hopefully I have some funds with me for which I could invest in and hold and wait for BTC hitting $1m. But its not the reality for most of the people, as no one knows if it will happen and living in a third world country makes it hard to save seriously. And with stability, I cannot completely rely with BTC as you have mentioned its growth is not continuous.