Here are some thoughts on the potential fate and outlook for Bitcoin adoption in developing countries:

• Serves as an alternative currency and payment network – Bitcoin provides a censorship-resistant means of payment, transactions, and wealth storage without government/central bank oversight. This is appealing to people in countries with high inflation, capital controls or financial instability.
• Facilitates remittances – For people working abroad sending money back home, bitcoin enables fast, low-cost cross-border transfers compared to traditional remittance services. This is a major use case already.
• Banking the unbanked – Bitcoin’s accessibility can open digital payments and finance to the underbanked populations of developing countries better than legacy banking.
• Adoption risks from volatility – Bitcoin’s volatile, unpredictable swings in value make its use as a medium of exchange challenging. People in developing countries may lack appetite for such volatility.
• Technological hurdles – Lack of internet access, digital literacy, reliable electricity all impede bitcoin adoption in the developing world. Ongoing improvements in mobile money/fintech infrastructure may help overcome this.
• Threat of prohibition – If government in a developing country deem bitcoin a threat, they may attempt to restrict or ban it. However, enforcement is difficult.
• Integration in informal economies – Bitcoin enables new models of commerce in countries with large informal economies. But integration may be complicated by vesting interests.

Overall, Bitcoin holds meaningful potential to empower developing nations but still faces hurdles for mainstream adoption. How it evolves will depend on each country’s specific conditions and policy environment.