Topic: Bitcoin can be useful for a troubled economy - page 14. (Read 33128 times)
Exactly, 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.
Bitcoin can provides help for a country that experiencing economic problems only if the government decided to adopt it and use it as one of their existing currencies. People in the country should be allowed to use bitcoinin their daily transaction to help them overcome their financial difficulties. Other countries like Venezuela has created their own coin instead of adopting bitcoin.
Welcome is an important element of the project. It is electronic money and it is accepted in some countries it is good news for them. However, there are many factors that affect the market. It's important to know how to use and control it.
People will be growth country economy also growth automatically. So bitcoin is helpful for the all country people growth. But some country not accept legal way. Coming future bitcoin will be accept all country. If accept the bitcoin all country. It change the world digital ways.
yes it is true. How to survive and survive if bitcoin is abailable for them, but they can survive easily. If you want to survive, you will be able to survive easily.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
If people who live in a troubled economy are earning income from bitcoin or crypto, then their income are very high compared to the average income/salary in their country.
Because the cost of living in their country is cheap.
Because the cost of living in their country is cheap.
True. Bitcoin can be very useful especially for people in countries where their national currency is constantly devaluating over time. It gives such people greater spending power, with greater income than what they'd ever had with fiat. For such reason, I think that Venezuelans have migrated to Bitcoin, and have left the Bolivar currency in the dust. Since they're living in a troubled economy, Bitcoin allows them to earn more than their actual salary, giving them the opportunity to live well within their region.
Therefore, in countries that are poor and have an inflationary currency, people would look for alternatives that would help them achieve peace of mind in their financial life. Bitcoin is the perfect solution for a troubled economy, as its benefits are greater than those of fiat.
maybe it depends on each country how to react to it. if the country supports the existence of bitcoin by making policies and rules that can make bitcoin develop, it can be able to solve the country's economic problems. because of bitcoin future prospects
arrive. precisely the existence of this crypto will make more jobs for their people. and certainly will affect the country's economy
Bitcoin is an economy booster for any country we can see many country fate can be changed once they approve bitcoin as legal currency but most of the country governments are nt in a position to take this step
Yes, I think Bitcoin can help development countries economy. Bitcoin can give job and give income to investor or bounty hunters. This can help increase economies money coming from outside source.
If people who live in a troubled economy are earning income from bitcoin or crypto, then their income are very high compared to the average income/salary in their country.Because the cost of living in their country is cheap.
Yeah they are indeed have very big earnings every month than office worker.
If it is really allowed by the government, I think Bitcoin is the light in the economy. You know, only electronic technology, science and technology to accelerate the economic development of a country.
Bitcoin can provides help for a country that experiencing economic problems only if the government decided to adopt it and use it as one of their existing currencies. People in the country should be allowed to use bitcoinin their daily transaction to help them overcome their financial difficulties. Other countries like Venezuela has created their own coin instead of adopting bitcoin.
Yes, I think Bitcoin can help development countries economy. Bitcoin can give job and give income to investor or bounty hunters. This can help increase economies money coming from outside source.
If people who live in a troubled economy are earning income from bitcoin or crypto, then their income are very high compared to the average income/salary in their country.Because the cost of living in their country is cheap.
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
right, and that has now happened.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
bitcoin really proves to be very useful, do you not read the news about the Venezuelan country that is currently experiencing an economic crisis.
at this time the citizens of the country won to bitcoin as a means of payment, because the country's currency can be said to be almost completely worthless. very concerned.
It can be possible to make a good solution to those troubled economy because as we know bitcoin do a lots of good intentions in our society today,many are now having better source of business/income while bitcoin appears in our society.,so i beleive to that saying.
Perjuangan hidup termasuk mencari ekonomi yang mudah dan praktis.. bitcoin termasuk solusi untuk mengatasi problematika ekonomi yg lemah.. anda boleh mencoba mengikuti forum ini dan memang terbukti bisa mengatasi masa yg sulit.. saya nerasakan nya.
For the economy should not develop. Governments will not let anything directly affect their economies. But if they allow Bitcoin to operate in their own country, they will help in part make that economy grow.
Yes, I think Bitcoin can help development countries economy. Bitcoin can give job and give income to investor or bounty hunters. This can help increase economies money coming from outside source.
maybe it depends on each country how to react to it. if the country supports the existence of bitcoin by making policies and rules that can make bitcoin develop, it can be able to solve the country's economic problems. because of bitcoin future prospects
To help the economy of a troubled country, here must be a widespread use of bitcoin or any cryptocurrency. Some countries are already creating their own coin like Venezuela but its benefit is yet to be felt. Virtual currencies are volatile and many holders and investors might be affected if the price go down suddenly and if the price continue to fall, it will also negatively affect the economy.
True. But, if cryptocurrencies become the norm of our worldwide economy, then I guess that the negative effects of volatility would be greatly reduced in the future. It's all about adoption and real usage of cryptocurrencies in the real world. We've seen that Venezuela was among the first countries to launch its own cryptocurrency. Other countries are researching Bitcoin's blockchain technology, to do the same in the future.
While there will be a distinction between decentralized cryptocurrencies like Bitcoin and Ethereum, versus national cryptocurrencies like the Petro, and Fedcoin, I think that decentralized ones will be more useful for a troubled economy. Having no central authority, and a deflationary model (like Bitcoin), will allow such cryptocurrencies to serve as a haven for investors looking to preserve their capital for a long time.
Therefore, without a doubt, Bitcoin and other cryptocurrencies will become useful for a troubled economy in the future.
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
Yes of course and it would be a huge help for the economy. What might be the problem is that yes, we may have a lot of bitcoin users and they are wealthy, but are they willing to help the econmy or just themselves?
To help the economy of a troubled country, here must be a widespread use of bitcoin or any cryptocurrency. Some countries are already creating their own coin like Venezuela but its benefit is yet to be felt. Virtual currencies are volatile and many holders and investors might be affected if the price go down suddenly and if the price continue to fall, it will also negatively affect the economy.
I do agree on you, if most of the governments in other countries are just allowing cryptocurrency then people can easily make money to pay taxes which will improve the economies growth.
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