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.
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.
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