Topic: Bitcoin can be useful for a troubled economy - page 31. (Read 33128 times)
I think bitcoin can be useful to solve economic problems because by investing or doing something in bitcoin we can get profit that will be very useful to help the economy, but we must be careful and learn it correctly so that will not make mistakes that can make us loss
Bitcoin was useful to many countries to survive from the financial crisis due the inflation or some other reasons.Bitcoin has served as an alternative currency during the financial crises to the countries such as Greece., Venezuela,Japan>Brazil etc.If we are reviewing the history it will be quiet clear that it will be more convenient to operate the crypto currency along with the national currency. Bitcoin is the powerful crypto currency which can be useful world wide due to its specific features.
In fact, let's even take a good look at the likes of how Zimbabwean citizens were so fast to embrace it as a result of how troubled their economy has been and how it has been so hard to even survive in making deals in the international world until recently that the government is trying to put a hold on that by stopping some of the exchanges bank account like Golix which is one of the top exchange there.It is absurd how the government really do not want the people to be liberated but at the end of the day, this obviously has proven over the years to help the citizens take hold of their own spending without relying much on the government.
Bitcoin has empowered a lot of people to own properties that would have been difficult to own in years. In a troubled economy these bitcoin earners can employ good number of people to work in companies they've established in order to decrease the burden on the government.
I also think that password money can help a troubled economy, knowing that bitcoin without inflation will only keep people's wealth in check. People who want a bad economy are looking for this way. Zimbabwe is an example.
I've never heard of it, bitcoin has been proven to make a lot of people get rich but I've never had the state officially made bitcoin to save their economy.
Bitcoin has empowered a lot of people to own properties that would have been difficult to own in years. In a troubled economy these bitcoin earners can employ good number of people to work in companies they've established in order to decrease the burden on the government.
It would be possible, bitcoin can help the economy. We know how to convert our own money to bitcoin, in vice versa, we can also convert bitcoin to our own money, it can help our own economy to have their own income in bitcoin. We see how bitcoin can be popular for one country. We must know what will be the pros and cons of bitcoin for every economy
Pros and cons are already common to a certain country, and we all knew that people had their own perspective to a certain idea or even here in crypto. Although it can be a remedy for a troubled country but still we cannot deny the fact that lots of people also wants bitcoin and crypto verse to disappear.
Yes, that is true. Bitcoin can be useful for a troubled economy, whether it be a person's economy or a country.
Yeah, True indeed. Bitcoin and other altcoins is very useful to countries with troubled economy most especially on 3rd world countries where means and outlet of money is rare.
Yes ofcourse bitcoin can be really helpful to those countries whose really in trouble because bitcoin is a very good source of profit it can be an alternative to work if a person is having a hard time getting or being hired on work 
It would be possible, bitcoin can help the economy. We know how to convert our own money to bitcoin, in vice versa, we can also convert bitcoin to our own money, it can help our own economy to have their own income in bitcoin. We see how bitcoin can be popular for one country. We must know what will be the pros and cons of bitcoin for every economy
yes, it can really help but can be implemented in the future if the problem has already been fixed cryptocurrency. just as he says price manipulation if prices do not improve, that would be a big deal.
Bitcoin can definitely be a remedy for troubled economy subject to the nation decides to follow the laissez-faire way. In that case, you would be able to abolish the national currency and central bank and replace it with bitcoin which is inflation- and deflation-proof
This is actually kinda true. I can be a witnessed or a representative for my country because we suffer extreme poverty and shortage and high unemployment rate and I think because of bitcoin if I look at it at my bitcoinmates many have bought there own car and build their own homes or businesses. Many have been successful and has overcome poverty and has been self-employed.
The success that bitcoin can bring to a person is so great that sometimes is difficult to believe, if you live in a country that is in a bad economic shape it becomes very easy to get by even with the smallest earnings of bitcoin, in fact in the countries where the situation is getting worse bitcoin has been a life saver and people are surviving in those difficult conditions thanks to their small earnings in bitcoin but as you may guess governments are not happy with this, they will prefer all their population to starve to death than to have some of them prosper with bitcoin.
In reality a lot of individuals who are as of now in bitcoin is showing signs of improvement in monetary terms in light of the fact that with the bitcoin we can locate a sufficiently good salary and the outcomes acquired from bitcoin can help somebody who buried in the economy So he just from the financial downturn. In the event that a nation directs it then it won't be decentralized any longer, everything will be brought together.
I agree because some countries have been improving their economic growth year by year due to bitcoin's massive growth of population. and because of this bitcoin has already helped a country reduced their unemployment rate.
If theres only a one celebrity, or powerful man who could shill, and explain to close minded people the beauty of crypto and how it could help our nation. Then this would start a bullish market at no time.
Bitcoin and altcoin for Unstable economy? I think it's only a portion for that as helping the economy of certain country, it will helps in certain way for all people who works hard also.
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.
Of course . in crypto they can get a job in return for bitcoin. the same meaning they have a job with money they can spend. This greatly helps their economies to survive.
The reality of the matter is that bitcoin can enable individuals to out of neediness and xan give a superior future fiscally, many individuals including me as of now feel the impact of bitcoin, bitcoin could give a salary and new opening for work that can assist individuals with getting a superior life, if the administration bolster bitcoin then it will beyond any doubt increment the cost and bitcoin could enable more to individuals.
not only that when a population with a high priority all use bitcoin indirectly their economic value follows the development of bitcoin in the world so that the need will increase and their economy will increase even will have an impact on their country's economy.
I think bitcoin is example how monetary system should be work. Bitcoin run with blockchain and old ledger that hard to manipulate and i think economic system have a trouble because the system manipulating the ledger and money supply
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