Bitcoin is legal tender in two nations so far but from legal tender to deeply integrated in those nations are different. Being legal tender is challenging but being deeply integrated in national operations is more challenging.
Legal tender is a trigger but there are more challenges after that for fully integration nationwide.
Bitcoin can be used as part of national reserves but I don't think it will play as a biggest asset in any national reserve. There are risk with Bitcoin volatility and we know nations don't want to take too much risk with their national reserve. At least they don't accept it and I believe they see more risk of bankruptcy with Bitcoin than with their inflationary fiat or gold.
I don't think we can change government's kind of perspective too soon.
Topic: Bitcoin And Human Capital Development. (Read 149 times)
This question have been bordering me for a long time now so I felt it should be discussed here.
Is the whole country aware that Bitcoin adds to her human capital development if adopted?
I guess most countries are aware of it that it is going to contribute into their economy once adopted and allowed to their citizens.Is the whole country aware that Bitcoin adds to her human capital development if adopted?
How possible can this information spread to the countries that are yet to accept Bitcoin?
It's easy, through the web/internet.But the question is with those governments that are not willing to adopt it. There are still a lot of doubts that they have to consider and that's why many are neutral and a few aren't even discussing about it. Just a matter of time until many of these countries will adopt it and will even encourage their people to learn and adopt it.
I was thinking about out a similar subject matter and this made me. me. wonder how Bitcoin has revolutionized the human race, especially in financial dealing and economic freedom so I made a similar thread but not on the same subject but the rule of bitcoin in human freedom. And how Bitcoin has improved citizens financial freedom thereby giving them economic freedom against government tyranny.
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When you talk about the freedom you should always point to the view of many scholars who have defined the subject (freedom) it's a compound world at the same time a simple word, which simply means the right to do what you want to and when you want. And one of the ways the government has held its citizen bound is in the financial freedom which is the most important type of freedom because it translates into economic freedom.
Bitcoin on the other hand offers its, users, the total freedom they deserve both in financial freedom and also in the knowledge of how transactions are handled and verify this gives Bitcoin users the total freedom. spend their money whatever way and in whichever amount. Bitcoin activities on the other hand are more profitable compared to other physical traditional activities which have made it users totally free.
What do you think about Bitcoin&freedom
Bitcoin on the other hand offers its, users, the total freedom they deserve both in financial freedom and also in the knowledge of how transactions are handled and verify this gives Bitcoin users the total freedom. spend their money whatever way and in whichever amount. Bitcoin activities on the other hand are more profitable compared to other physical traditional activities which have made it users totally free.
What do you think about Bitcoin&freedom
By definition, human capital development is the process of improving the human factor in an organization, it involves creating a conducive and enabling environment with the aim of allowing workers reach their full potential.
I struggle to see how Bitcoin can improve this. Bitcoin is a revolutionary technology which has lots of utility in today's world, but it does not solve every problem, neither can it be applied to every industry.
Bitcoin does not have to be made a legal tender for citizens of a nation to adopt it.
I struggle to see how Bitcoin can improve this. Bitcoin is a revolutionary technology which has lots of utility in today's world, but it does not solve every problem, neither can it be applied to every industry.
How possible can this information spread to the countries that are yet to accept Bitcoin?
What do you mean accept Bitcoin?Bitcoin does not have to be made a legal tender for citizens of a nation to adopt it.
People might be aware for sure but at the same time the adoption is not really something that is over the edge right now. One must understand that bitcoins is an asset, an investment that means that whatever is being gained from there is being given to the government as well since the government usually have a lot of tax implemented on the cryptocurrencies like Bitcoins therefore this is directly going in their Treasury as well. There are things you can do yourself :
1. Increase the adoption of Bitcoins by personally telling about it to your friends and family
2. Spreading only the right knowledge
3. Making sure you don't answer to FUD's
4. Supporting it on social media platforms and informing people about it..
Information is stronger than anything, what we can do is put the right information in the market
1. Increase the adoption of Bitcoins by personally telling about it to your friends and family
2. Spreading only the right knowledge
3. Making sure you don't answer to FUD's
4. Supporting it on social media platforms and informing people about it..
Information is stronger than anything, what we can do is put the right information in the market
This question have been bordering me for a long time now so I felt it should be discussed here.
Is the whole country aware that Bitcoin adds to her human capital development if adopted?
How possible can this information spread to the countries that are yet to accept Bitcoin?
My humble question though.
Is the whole country aware that Bitcoin adds to her human capital development if adopted?
How possible can this information spread to the countries that are yet to accept Bitcoin?
My humble question though.
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