Among the many things you've said, it's the address of inequality I accepted as crypto is not a respecter of countries and social status, we are the same as before it. But for it to improve the standard of living is not certain and neither is it automatic, it all depends on what you know about crypto, how you accept it and how you manage your way through it to safely make money and even maximize your earnings. Whether you like it or not, it's not all who are investing in cryptocurrency are making it, and as a fact, some are even losing due to poor handling or the high price they bought their asset(s).

I wonder what you will tell those who are poor and are still losing through crypto, how can that help? Crypto investment is an investment, not a super-investment like many of you think, and the earlier people know this, the better. As cryptocurrency gets older, it might become more difficult to profit significantly from it except for those smart investors. I mean those who know when to rightly invest and divest and reinvent later to earn more money.

If care is not taken, more would be lost than earned by most people and I don't see how that will improve the economy of a nation or the standard of living of the people. Had it been that crypto investment is as easy as you make it look, everyone would be rich by now.

I had already written a post here where you can see the difference in salary. There are very big differences and i also think that people can support each other worldwide. It is easy, you can send bitcoin anywhere in the world from now on. An IBAN transaction takes longer. Some people can benefit from countries that are doing well and they can give a little bit. Of course this is a dream, but it is possible in theory, how cool would it be if such a community develops and people help each other. One with bitcoin, the other with emotions of having helped a family, or to defeat a disease.

Not sure why 1miau gave you 20 merit for this post. Noted...

In any case, the greatest example to keep an eye on is El Salvador. As first movers on adopting Bitcoin, its effect will be first seen there. A bunch of other countries have begun to pass positive regulation and adoption through law too. The one lagging behind is Europe, and based on what their central banks/officials are saying, I think they are the ones to watch when it comes to how not adopting Bitcoin effects a nation(s).

Bitcoin is another instrument that can help the country but the government is just too selfish to the extent the only thing they care about is themselves Look at countries investing in Bitcoin trying to fix their economies, but others who are making use of what they have now to build there nation have countries that made a good fortune from investing in bitcoin, and even if they empower their youths, there is nothing bad with that, but rather they will choose themselves, and the citizens are taking charge of there own lives, and whatever the case might be with the help of the government or not, people don't care.

People are already pushing so much pressure on crypto and I don’t know people see it but I choose to see it as a digital currency and with this approach I wouldn’t have to expect so much from it while trying to seize every possible opportunities from it.
I agree with the first responder on this thread that bitcoin can not perform magic and I don’t know how best bitcoin could improve the lives of rural communities if they don’t have the money to buy it, so I just think, the basic benefit of bitcoin to rural communities is to enable a seamless international transaction without having to depend on their local banks.

In fact, the crypto industry can help a country overcome/reduce economic problems among its population even if the country does not legalize it as a means of payment. The government can easily regulate it and maximize the potential to gain tax revenue from crypto users ^{[traders and investors]} even though the regulations are limited to investment and trading. Of course it would be better if the country adopted crypto as legal tender - but it doesn't have to be as long as they legalize trading and investment instead of banning it completely.

I actually find many countries are maximizing the tax potential of this crypto industry - while not legalizing its use cases as currency. For me this is not a problem - it's just that adoption could be something that further supports this industry continuing to grow.

That is the problem with everything isn't it? I mean every nation COULD do better, but governments don't do it, for some reason. I mean greed could be some reason, but if greed was the only reason then I would assume some nation could figure out a way where we could feed politicians and make them rich while also making the nation better place at the same time, like build a bridge and pay the politicians for it, at least we would have a bridge, right?

But at this point, it feels like politicians do not want the nation to improve, because if it gets too good, then they will not need the same politicians, you need to constantly improve, hence why they end up improving by a small part and a very tiny amount, in order to keep us wanting more.

Crypto can help poor countries yeah for sure but basically it's not the crypto that would change a poor country it's the government that needs to change first before the country can change.

If the government doesn't change one can change their life with crypto or bitcoin by investing in it yet it's just a lucky game you might end up lossing all you invested if you took shitcoins but if one takes bitcoin after some years they might have some decent profit but judging that bitcoin or crypto can make a poor country rich it's quite not possible.

Governments that invested in bitcoin like El Salvador will benefit from it because they government already changed it's legacy by accepting to be better by doing an investment that will increase its economical power.

By the way, how are they intending to make crypto better the situation of the country? Talk is cheap, people like to run their mouths without having real thought about the situation.

From the angle of investment, crypto as you see it is very risky, while Bitcoin which is the best of them has its season of blessing and the season of ruining. I wonder how that tends to help the economy that much. Even if they invest billions in it, will the government investment be distributed to the people? No. The economy saves itself through the right internal management. This is why the countries gaining the largest international aid have not been good.

However, what can help the economy (in the areas of transparency) is embracing blockchain technology, not crypto.