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Topic: Bitcoin can be useful for a troubled economy - page 10. (Read 33128 times)

newbie
Activity: 182
Merit: 0
   yes, it can use for trouble economy like in the past ..year 2008 to 2009 was economy tragic major financial institution was down so ever same situation is present but our financial institution has a enough reserves currency to cover up the losses so its a big help to the world economy.
full member
Activity: 644
Merit: 100
YES, in troubled economy of an environment or country, how to survive becomes the struggle of the people and if bitcoin is available they are definite to survive, even in my country we have been battling with economy recession but we have always been able to survive the hurdles with this great opportunity.

Virtual economy can be alternative. I think it can help those country who are struggling economic problem as long as it is legal in their country and if the government support to use bitcoin. Using Cryptocurrency can add an economic income to support some needs of the country especially if they have many users. Its good to have a person who will incharge to handle it and provide a necessary needed to make it success in the country.
full member
Activity: 450
Merit: 107
🚀🚀 ATHERO.IO 🚀🚀
Goldman Sachs: Bitcoin can be useful for a troubled economy

According to the report of Goldman Sachs, Bitcoin and other crypto-currencies can be a good alternative to the national currency for countries with an unstable economy.

 Analysts at Goldman Sachs Zack Pandle and Charles Himmelberg said that digital currencies and, in particular, Bitcoin, can become a viable means of payment in countries where traditional money is not sufficiently provided.

Goldman Sachs experts: crypto-currencies can help the troubled economy



yes I think it's true that bitcoin can be an alternative payment when paper money is always controlled by the government. bitcoin can be used to avoid economic crises and government capital restrictions. making money transactions abroad with bitcoin is more efficient, faster and cheaper than using a bank. and of course bitcoin has helped a lot to solve the economic problems of its users. most bitcoin users can achieve financial freedom after investing in bitcoin.
sr. member
Activity: 1344
Merit: 253
Goldman Sachs: Bitcoin can be useful for a troubled economy

According to the report of Goldman Sachs, Bitcoin and other crypto-currencies can be a good alternative to the national currency for countries with an unstable economy.

 Analysts at Goldman Sachs Zack Pandle and Charles Himmelberg said that digital currencies and, in particular, Bitcoin, can become a viable means of payment in countries where traditional money is not sufficiently provided.

Goldman Sachs experts: crypto-currencies can help the troubled economy


Digital currency can be an alternative, but is there no problem for users who just know bitcoin to use it? I might be able to use flukutuasi to make some users can not use it and remember also that crypto has experienced a considerable decline this year.
with significant fluctuations like now it is difficult to be used as a reference for transactions, but if all countries later legalize it, I think fluctuations like this are difficult to happen, like the current currency
sr. member
Activity: 1274
Merit: 252
Goldman Sachs: Bitcoin can be useful for a troubled economy

According to the report of Goldman Sachs, Bitcoin and other crypto-currencies can be a good alternative to the national currency for countries with an unstable economy.

 Analysts at Goldman Sachs Zack Pandle and Charles Himmelberg said that digital currencies and, in particular, Bitcoin, can become a viable means of payment in countries where traditional money is not sufficiently provided.

Goldman Sachs experts: crypto-currencies can help the troubled economy


Digital currency can be an alternative, but is there no problem for users who just know bitcoin to use it? I might be able to use flukutuasi to make some users can not use it and remember also that crypto has experienced a considerable decline this year.
jr. member
Activity: 462
Merit: 2
Bitcoin, indeed, has been known as a weak economic boost for the community, but it all needs a process in this matter to let us know the procedures for investing to get maximum results, of course the main capital to get all of that.
Cryptocurrency is currently the one element that is most interested by many people to make more money. Hopefully crypto for the future can grow even more than today.
member
Activity: 336
Merit: 10
Harmony for One and All
yeah agree with it bitcoin can make some sustanablelity with the economic when people getting worsed with they economic, this sometimes make a big jump for them to gain another step that change they live that was a big chance
full member
Activity: 481
Merit: 100
Goldman Sachs: Bitcoin can be useful for a troubled economy

According to the report of Goldman Sachs, Bitcoin and other crypto-currencies can be a good alternative to the national currency for countries with an unstable economy.

 Analysts at Goldman Sachs Zack Pandle and Charles Himmelberg said that digital currencies and, in particular, Bitcoin, can become a viable means of payment in countries where traditional money is not sufficiently provided.

Goldman Sachs experts: crypto-currencies can help the troubled economy


I have read many articles about economy and I found out that many economists are saying that bitcoin can be useful in economy that full of problem. We should be aware that the fiat economy are experiencing inflation but cryptocurrencies are experiencing deflation.
member
Activity: 420
Merit: 14
True enough, i mean we've seen thisnwith Venezuela but i don't know if the execution of crypto currency is successful in that part of the glove but the fact still remains that when Fiat actually collapses, crypto currency is a viable option to pick up the slack up until Fiat actually recovers. I just hope they see the reason not to go back to Fiat anymore.
twa
full member
Activity: 320
Merit: 100
BitSong is a decentralized music streaming platfor
maybe because we know the economic system with blockchain is more transparent and varies in opportunities for economic improvement
member
Activity: 224
Merit: 10
agree and it is clear, Bitcoin is a way out of economic difficulties, and I have seen many people come out of that problem because of Bitcoin. if we use Bitcoin very well then the benefits we get will be very good, but if we use Bitcoin for crime, then Bitcoin will only be a sin.
full member
Activity: 518
Merit: 100
Yes bitcoin can help to the economy   specially if government accept it.
It will help to  give extra income and earn a good profit. But of course people should understand bitcoin and willing to learn it.
ict
sr. member
Activity: 466
Merit: 250
this is very true. we can be helped by crypto currencies, especially bitcoin. This currency provides many benefits for us to increase income or improve our economic conditions. This currency provides a great job opportunity for us to be able to get additional income. and we can trade this currency so that we can benefit.
sr. member
Activity: 854
Merit: 251
YES, in troubled economy of an environment or country, how to survive becomes the struggle of the people and if bitcoin is available they are definite to survive, even in my country we have been battling with economy recession but we have always been able to survive the hurdles with this great opportunity.
what you convey is very true and in my opinion the results of good and bad crypto currencies depend on the intention and purpose of the investor itself
full member
Activity: 784
Merit: 100
Bitcoin could be solution and more useful for economy in the world, many country have positive effect by adoption and allowed bitcoin as transaction payment, they can take profit with bitcoin price when growing up or down.
in fact, bitcoin can be used for anything, however, sometimes many people see one side of bitcoin. well, but for personal, it can be done, and of course it can also be for other things.
full member
Activity: 532
Merit: 100
Bitcoin could be solution and more useful for economy in the world, many country have positive effect by adoption and allowed bitcoin as transaction payment, they can take profit with bitcoin price when growing up or down.
sr. member
Activity: 924
Merit: 275
Goldman Sachs: Bitcoin can be useful for a troubled economy

According to the report of Goldman Sachs, Bitcoin and other crypto-currencies can be a good alternative to the national currency for countries with an unstable economy.

 Analysts at Goldman Sachs Zack Pandle and Charles Himmelberg said that digital currencies and, in particular, Bitcoin, can become a viable means of payment in countries where traditional money is not sufficiently provided.

Goldman Sachs experts: crypto-currencies can help the troubled economy


It is true that bitcoin can be useful for a troubled economy.  Like in the country of Venezuela, the Venezuela is currently experiencing hyperinflation where their annualized inflation is now 1000000 percent.
hero member
Activity: 1666
Merit: 502
Goldman Sachs: Bitcoin can be useful for a troubled economy

According to the report of Goldman Sachs, Bitcoin and other crypto-currencies can be a good alternative to the national currency for countries with an unstable economy.

 Analysts at Goldman Sachs Zack Pandle and Charles Himmelberg said that digital currencies and, in particular, Bitcoin, can become a viable means of payment in countries where traditional money is not sufficiently provided.

Goldman Sachs experts: crypto-currencies can help the troubled economy


Indeed bitcoin can be another alternative for countries where traditional money is not sufficiently provided, because if their country creates more the traditional money then the value of their country's traditional money will go down. Which I doubt is whether people from that country can adapt to the fluctuations in cryptocurrency which might be detrimental to them.
full member
Activity: 826
Merit: 100
it is correct i think. bitcoin is an alternative currency. and blockchain based cryptocurrencies are a solid alternatives for nowadays financial systems. decentralized solutions for traditional banking system is going to rule the world in the future.
I think bitcoin is useful for a country that is experiencing a financial crisis, because it is more resistant to inflation due to the strengthening of the USD. But bitcoin cannot replace fiat money, only as an alternative currency. In the long term, it may continue to be developed by taking into account the needs or problems that exist in each country.
there are some countries that are turning to cryptocurrency, because of the severe crisis. this also has risks, but maybe the government has other views to save the country
newbie
Activity: 84
Merit: 0
it is correct i think. bitcoin is an alternative currency. and blockchain based cryptocurrencies are a solid alternatives for nowadays financial systems. decentralized solutions for traditional banking system is going to rule the world in the future.
I think bitcoin is useful for a country that is experiencing a financial crisis, because it is more resistant to inflation due to the strengthening of the USD. But bitcoin cannot replace fiat money, only as an alternative currency. In the long term, it may continue to be developed by taking into account the needs or problems that exist in each country.
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