
"Laos grapples with severe media restrictions and widespread corruption, ranked 153 in the World Press Freedom Index and 114 in the Corruption Perceptions Index."
"Ted, a Laotian Bitcoiner, shifted from shitcoins to Bitcoin just before the 2021 bull run, learning alongside friends from various online resources."
Laos is striving to become the "battery" of Southeast Asia while facing significant challenges such as severe media restrictions and pervasive corruption. With a population of 7.3 million enduring economic hardship, many are exploring unconventional financial solutions like Bitcoin. Ted, a Laotian Bitcoiner, transitioned from shitcoins to Bitcoin shortly before the 2021 bull run, learning about it through online communities. His personal journey reflects a broader trend as Laotians navigate their economic realities, seeking ownership and freedom through technology in a restrictive environment.
Read at Bitcoin Magazine
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