Topic: Bitcoin can be useful for a troubled economy - page 12. (Read 33157 times)
With a profound comical inclination, Bitcoin can be so useful and helpful not just in beset economy, additionally for individual Bitcoinners in Developed economies. On the off chance that the harried Economy Government can bolster Bitcoin and urges customer to examine well and exchange with alert in Bitcoin, Many of its subjects can have their courses out in Bitcoin exchanging and ventures.
yes of course this bitcoin can be one solution to the existing economic problems because with bitcoin all transactions can be safer and faster and the economy will also be better.
I additionally trust that Bitcoin can be utilized an elective answer for strife on economy of one's nation. It can even decrease the joblessness rate of one's nation in any case, it is only for impermanent on the grounds that bitcoin is unpredictable importance on the off chance that we rely upon it the estimation of our cash may change whether to pump or dump.
Bitcoin can restore a troubled economy. This is reflected in the fact that the commercial activities of the country have attracted large investors.
Bitcoin can helps poor people but it also harm full for them. Their government never give permission to using it.In my opinion, it can help people, who live in the countries, where the economy is poor. If the guys are wise, they will find the good ways to use the cryptocurrency and make a lot of fiat money on it.
Bitcoin can restore a troubled economy. This is reflected in the fact that the commercial activities of the country have attracted large investors.
I don't think it can help be useful for troubled economy. The reason is it can be used in crimes too. Bitcoin is using anonymous and criminals are involve with it. They can sell weapons with hiding transaction which can destroy the economy more. 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
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
What Zack Pandle and Charles Himmelberg say is true, maybe you still remember the case of US sanctions against Iran, which strictly enforces an economic ban and trade in embargoes against Iran. At that time, for several years Iran was believed to be the perfect candidate to embrace the sensor-resistant utility, namely bitcoin.
In fact, Valliollah Seif who at that time served as governor of the central bank of Iran, once told the press on national television, that Iran would abolish the use of the US dollar in its country, because along with the improving economic situation in Iran the region continues become a region which's profitable for bitcoin.
With the existence of strict economic sanctions, the development of bitcoin in Iran had made headlines, if not mistaken in 2012. It is no wonder that eventually the US dollar, less desirable and Iran prefer to choose bitcoin. In the end bitcoin becomes quite valuable in Iran because bitcoin can be used abroad and are also more easily transacted than fiat currencies.
Bitcoin can restore a troubled economy. This is reflected in the fact that the commercial activities of the country have attracted large investors.
Bitcoin can helps poor people but it also harm full for them. Their government never give permission to using it.Bitcoin is not illegal and also not legal to most countries now, so you are right that it can also help us in earning some money even though governments will not allow it in our countries.
Bitcoin is currency and if we put all the things upon it this will be a crazy mind set like if we talk about the economies even all others things are in deficit not only bitcoin will help them because not only currency can better economies and currency like virtual is not on papers not controlling by country can not show the actual picture.
Bitcoin can restore a troubled economy. This is reflected in the fact that the commercial activities of the country have attracted large investors.
Bitcoin can helps poor people but it also harm full for them. Their government never give permission to using it.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
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 dont understand, traditional money is not sufficiently provided? anyway, bitcoin in a sense of financial stability is more of a risk that a country will based its economy upon, because of the volatility, it cannot be certain to depend on crypto as it is unstable too, but somehow will definitely help an individual or the whole economy itself, it is just a help but not intended to solve the current economy. if we are goin thru the transition from fiats to crypto, that period will seems to be more difficult to bear, unless every country are into crypto like 90% of the world's population are crytpo-based. as they say, it CAN, but will not definitely solve the whole problem.
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
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
The same tone too was said by Apple Co-founder, Steve Wozniak stated that bitcoin has an investment value that's better than gold or US dollars. The reason, this cryptocurrency circulates with a very limited amount.
Although, bitcoin's legality in Venezuela's not yet clear and has not been officially recognized by its country, however the demand for bitcoin in Venezuela's still very high. Even though there was a slight up and down but there was still an increase in activity.
Practically yes, Bitcoin can be a major boost for the economy of a country. With Bitcoin, there is financial satisfaction for everyone as the people get to earn profits for holding Bitcoin. The money will be circulated among the people without any central authority dictating the inflow and outflow of money. Bitcoin generates job opportunities which will further boost the economy.
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
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
Well if this is the case, the government who do not have the good economy must consider entering into cryptocurrency market. They need to realize what is the perks of starting with cryptocurrency. The potential the cryptocurrency has and such. If it will be mandated to different countries then probably the market of cryto will not be volatile anymore. Better plan for better future.
bitcoin is able to act as an economic alternative and even become a way out when people or countries are still in stable condition
This has not been proven in countries that have just acted actively and changed after experiencing panic in a prolonged crisis to use bitcoin in a sovereign (inflation) system, even Venezuela has not been able to make their economic situation more positive.
This has not been proven in countries that have just acted actively and changed after experiencing panic in a prolonged crisis to use bitcoin in a sovereign (inflation) system, even Venezuela has not been able to make their economic situation more positive.
I concur. Bitcoin has been a viable alternative against the dreaded inflation and manipulation of fiat currencies around the world. Every time Bitcoin becomes scarce in supply, it become more valuable than before. For this reason, people are considering Bitcoin as a serious investment for the long term, and to protect their capital against declines within their nation's economy. Citizens of Venezuela have already noticed the benefits of Bitcoin and have been leaving their Bolivar currency behind.
Since Bitcoin is decentralized and is not adhered to any country, Bank, or entity, it's the perfect remedy for a troubled economy. If it remains as is, then it'll be the ideal choice for anyone looking to save their money against catastrophes for a very long time. But, if Bitcoin becomes centralized, then it will be just like fiat currency subject to control among a group of select individuals. All in all, this is very unlikely to happen in the future, as Bitcoin remains the perfect currency for troubled times.
For true investors, they will have business strategies. They will pay back the profits to the problems of society and solve the difficult economy.
There is something called corporate social responsibility which is the name of giving back to the society by performing humanitarian works but it has some benefits for the business as well. This in tern advertises their product in the market and more and more people shifts to using the goods by the company. Also there is a factor called altruism which is the name of giving back and many people give back to their community by helping the needy which maximizes their utility. These are the benefits of Bitcoin for a troubled economy. Introducing job into the economy is the best thing it has initiated.
Bitcoin can restore a troubled economy. This is reflected in the fact that the commercial activities of the country have attracted large investors.
Bitcoin can helps poor people but it also harm full for them. Their government never give permission to using it.
When people lose faith in a currency, the typical reaction is to start using another currency. Traditionally, money has simply flung to the most stable currency and this has typically been the U.S. dollar. But bitcoin has a couple of advantages over old-fashioned cash.
First, it isn't controlled by a central authority. In countries where people are increasingly distrustful of how central banks and governments manage the economy, bitcoin might seem like a more sensible alternative.
The second advantage is that bitcoin can be easier to obtain than other fiat currencies. It can be bought and sold via bitcoin exchanges online.
People might like the idea of fleeing a sinking currency in favor of a digital one with no central control, but there are potential drawbacks. The price of bitcoin has historically been extremely volatile although regulatory concerns in 2018 have tempered its volatility somewhat.
Those who sink large amounts of money into it could find their net worth rising and falling like a ship on an ocean squall all the same. People in troubled economies could find themselves in even more trouble than they were in originally if they begin using bitcoin as some kind of safe haven.
First, it isn't controlled by a central authority. In countries where people are increasingly distrustful of how central banks and governments manage the economy, bitcoin might seem like a more sensible alternative.
The second advantage is that bitcoin can be easier to obtain than other fiat currencies. It can be bought and sold via bitcoin exchanges online.
People might like the idea of fleeing a sinking currency in favor of a digital one with no central control, but there are potential drawbacks. The price of bitcoin has historically been extremely volatile although regulatory concerns in 2018 have tempered its volatility somewhat.
Those who sink large amounts of money into it could find their net worth rising and falling like a ship on an ocean squall all the same. People in troubled economies could find themselves in even more trouble than they were in originally if they begin using bitcoin as some kind of safe haven.
Bitcoin can restore a troubled economy. This is reflected in the fact that the commercial activities of the country have attracted large investors.
I don't think it can help be useful for troubled economy. The reason is it can be used in crimes too. Bitcoin is using anonymous and criminals are involve with it. They can sell weapons with hiding transaction which can destroy the economy more.
Bitcoin can restore a troubled economy. This is reflected in the fact that the commercial activities of the country have attracted large investors.
Yes, I have been helped by Bitcoin, I use the market to get additional profits after I go home from work.
Bitcoin is very easy to use to trade, without a third person, it makes it easy in the trade economy if you use it.
Bitcoin is very easy to use to trade, without a third person, it makes it easy in the trade economy if you use it.
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