How does the perception of Bitcoin's value differ in developing versus developed countries?

This is an interesting question. Let me give you an analogy, and you'll understand.

Imagine Bitcoin is like a very special "hammer."

In wealthier countries where people generally lack nothing (developed countries), this "hammer" is more like a collector's item or an investment. People buy it, much like they buy gold or stocks. They're betting that this "hammer" will be worth more in the future, so they hoard it now to sell at a higher price later and make a profit. They call it "digital gold," a form of asset allocation to grow their wealth. For daily purchases like coffee or rent, they still prefer their national currency because it's convenient and stable; there's no need to use this "hammer." For them, Bitcoin is the "icing on the cake."

However, in some economically unstable countries where ordinary people struggle to make ends meet (developing countries), this "hammer" is completely different. It's a real, tangible tool, even a lifeline.

There are several main reasons:

Combating Inflation: In some countries, the money that buys a loaf of bread today might only buy half a loaf tomorrow; it depreciates incredibly fast. Hard-earned savings in the bank visibly "evaporate." In such situations, Bitcoin becomes a safe haven. Although Bitcoin's price also fluctuates significantly, many prefer to convert their savings into Bitcoin rather than watch their local currency plummet, hoping to preserve their hard-earned money.
Convenient Cross-Border Remittances: Imagine someone working abroad who wants to send money home to support their spouse and children. If they use traditional banks, the fees are high, the process is slow, and the money might take several days to arrive. But with Bitcoin, it's like sending an email: directly from their "digital wallet" to their family's "digital wallet," often with lower fees and much faster speed. This is hugely significant for families relying on overseas remittances.
Bypassing Financial Controls: In some countries, transferring money abroad is extremely difficult due to various restrictions. Bitcoin is global and not controlled by any single country's banking system, making it a "secret channel" for some to move assets.
Enabling the Unbanked to Spend Online: Many people around the world don't even have bank accounts, but they might own an internet-enabled mobile phone. These individuals are excluded from the traditional financial world. Bitcoin offers them an opportunity: as long as they have internet access, they can have a digital wallet, receive and send funds, and participate in the global economy.

So, you see, it's the same Bitcoin "hammer":

In developed countries, it's more of an ornament in a rich person's study, a chip in an investment game.
In developing countries, it's an essential tool in many people's toolbox, used to protect property and support families.

In short: one treats it as an "investment product," the other as a "necessity." That's the biggest difference.