Spaceman_Spiff
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July 04, 2013, 09:19:29 PM

In a sense we need a killer app of some type. This could be the start at least in another country. We only need things to start taking off in one location and then the organic nature of BTC (, developers and the VC's) can take over.
My concern though, with something like this is the volatility of BTC. That is not a problem if you are using Bitpay or the like, but for BTC to work in these countries I would think there needs to
be some form of stability, UNLESS the inflation rate there is more risky than BTC (e.g. - Argentina).

Can you imagine if this "app" takes off AFTER we correct and people in poor nations are locked into something deflationary and rising quite steadily in price?

I think volatility is indeed a big concern in developing countries, especially for the poor classes, plus the fact that they are in general probably less ingrained in the digital world.  
On the other hand, bypassing big infrastructure needs and probably less concern about financial regulations could make bitcoin very successful there.