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Topic: Bitcoin can be useful for a troubled economy - page 17. (Read 33128 times)

member
Activity: 287
Merit: 10
Bitcoin definitely useful for a troubled economy in the market it is an economy booster and employment booster in the market
full member
Activity: 502
Merit: 118
Liberated Forever. Domesticated Never.
Yes bitcoin is very much useful for troubled economy. It helps to give long term benefits to both people and government. It can make people earn number of profits. Money is totally secured in bitcoin and people can use it anytime. So whenever economy is in trouble or crisis bitcoin can help to come out of it. So government and banks should promote bitcoin as much as possible.

I concur. Bitcoin can be very beneficial for individuals, businesses, and even governments. It enables a free economy which is immune to corruption, politics, or other real-world scenarios. Unlike real world currencies, Bitcoin is more flexible and portable allowing anyone to easily carry and secure their money without the need to trust a central bank. Benefits like these, are much greater than Gold, and I think that Bitcoin will become the standard haven asset of the world in the future.

If governments accept Bitcoin as a legal currency, then they could easily tax it for their own gains. But even if it doesn't, it serves as an alternative economy for people who're looking to take advantage of an asset which is not controlled by any central authority. The ups and downs of Bitcoin nowadays are nothing, compared to what its value would be in the future, where it'll be the most stable cryptocurrency in the world. All in all, Bitcoin will always be useful for a troubled economy no matter what. Smiley
sr. member
Activity: 722
Merit: 258
Very good statement.I fully agree with him.But to completely switch to bitcoin until I dare any one country.The reason for everything is the volatility of the cryptocurrency.It scares many away.In the future, of course I would like all countries to use cryptocurrency.This is my dream
full member
Activity: 1274
Merit: 115
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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




Bitcoin could really be a big asset and tool for a shaky and troubled economy. As for me, it is a big help specially if there are lots of investors and traders in a certain country for they would be able to sustain and assist the financial needs of a country. It is actually the users who could help.
sr. member
Activity: 756
Merit: 268
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


Bitcoin has a lot of benefits to the peole who needed a good income especially for unemployed people, so bitcoin can probably be useful for a troubled economy. There are already countries who accepts bitcoin and they do not have any problems when it comes to the economy of their, so i think it will be great if everybody will be using bitcoin.
legendary
Activity: 2100
Merit: 1058
with bitcoin we can find a fairly decent income and the results obtained from bitcoin can help someone who is mired in the economy. So he's just from the economic downturn and indeed very many people who are already in bitcoin are getting better in terms of economy
Bitcoin helps us in making situations better which are the financial situations and the Bitcoin is valuable currency which will give you huge returns of your investment as we are observing that many people are now billionaire with and have a great time with it.

Besides this many countries are making their economies better with it so countries where there is down economic conditions can surely make their financial and economic conditions better.
member
Activity: 390
Merit: 11
Bitcoin's decentralization has made him immune to manipulation seeking to emphasize the interests of one country at the expense of the other. The mechanism of the virtual currency or crypto is open, transparent and policy governed by mathematical principles, which makes them suitable to play the world's currency, and if necessary bitcoin is considered to play a role as a protected value of inflation such as gold reserves for each - country
copper member
Activity: 82
Merit: 0
Bitcoin does not make a poor country Growing. Bitcoin can only change the user habits, making the user smarter.
full member
Activity: 491
Merit: 105
with bitcoin we can find a fairly decent income and the results obtained from bitcoin can help someone who is mired in the economy. So he's just from the economic downturn and indeed very many people who are already in bitcoin are getting better in terms of economy
There is absolutely no doubt that bitcoin can not only change the living style of the person who is investing his money into the crypto currencies but it can also greatly help the economy of that country in much positive way and that it can then lift the economy of that country. The governments of such countries really need to take such initiatives which can help them in becoming a better state to live.
newbie
Activity: 25
Merit: 0
Exactly Bitcoin will give countries that have or have had a difficult economy, with a condition that big investors will trade that it is a difficult investment but if successful, the economy that country will grow strongly
newbie
Activity: 84
Merit: 0
really, it takes a long time for people to get used to bitcoin.
requires adaptation first.
but it is true that bitcoin can be very useful for countries with economic problems.
proof that bitcoin is useful for a country in financial crisis.
venezula has benefited from bitcoin.
sr. member
Activity: 1358
Merit: 253
Economic problems are so complicated that definitive and long-term solutions are needed, what's going on with bitcoin today can certainly be a solution to solve economic problems, as the world needs a new system to tackle the increasingly complex economic problems.
full member
Activity: 238
Merit: 100
Yes bitcoin is very much useful for troubled economy. It helps to give long term benefits to both people and government. It can make people earn number of profits. Money is totally secured in bitcoin and people can use it anytime. So whenever economy is in trouble or crisis bitcoin can help to come out of it. So government and banks should promote bitcoin as much as possible.
full member
Activity: 742
Merit: 128
Coinbene.com - Experience Fast Crypto Trading
This is a technology market if the technology is applied in practice, it will create a lot of useful for the economy is having difficulty. However, it is not easy to do and apply.

Yea it is easy to use, if bitcoin can be used every where and can pay anything for sure it will be stress free because we don't need to line very long and we don't need to wait so long just to pay a thing we want.
full member
Activity: 1316
Merit: 104
CitizenFinance.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 , bitcoins can be helpful for troubled economy because the volatility of the market can be used in order for the government to take advantage of the market situation, government and people will both profit in the market.
I agree, the government in a troubled country can take advantage of the volatility of bitcoin, they just need to promote, advertise, and legalize bitcoin. It may boost the troubled country economy, and it's great because the government and people will profit both.
newbie
Activity: 226
Merit: 0
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 am very appreciated to the man behind who creat bitcoin because this creation bring us hope to become a rich someday. And the reason why I say this because I have a proof, some of my friends are now rich becuase they earn enough money through their investment on bitcoin that is why I always believe that bitcoin is very helpful to a trouble economy.
newbie
Activity: 78
Merit: 0
Bitcoin truly help the community and the economy to grow. The economical issues nowadays is very rampant. What bitcoin can contribute for this problem is the jobs it offers.

Furthermore, the society develops its capability of living in the world. So, technology also grows. Since bitcoin is already considered as internet currency by some, the popularity of it will increase which can improve it further.

As bitcoin decreases unemployment rate in a country, the country become more productive in terms of economical growth.
member
Activity: 392
Merit: 10
http://o-tu.ru/
A problematic economy in cases where the national currency has depreciated very much. And at this point, if many people have time to invest in bitcoin, then they will be able to save their money. Other ways, it is at the state level to do, then perhaps it will reinforce the national currency to the cryptocurrency.
newbie
Activity: 178
Merit: 0
This is a technology market if the technology is applied in practice, it will create a lot of useful for the economy is having difficulty. However, it is not easy to do and apply.
member
Activity: 294
Merit: 10
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 , bitcoins can be helpful for troubled economy because the volatility of the market can be used in order for the government to take advantage of the market situation, government and people will both profit in the market.
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