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Topic: Bitcoin can be useful for a troubled economy - page 36. (Read 33128 times)

hero member
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Bitcoin- in bullish time
Bitcoin can be really useful in a troubled economy for example, if the economy is suffering loss because of the corrupt people then bitcoin can solve that because it can help the people to transact with blockchain which is transparent and where the people can use it to be more secured and it is a good way to prevent corruption.
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If only the bitcoin activity is properly educated into the people of trouble economy, people may know the proper start to begin bitcoin activities , with the aide of mobile cellular phones and internet connection then you can connect to the global economy in which bitcoin can be connected , so this can help the people in troubled economy.
hero member
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I agree with you because it is true that this bitcoin is a solution to the economic problems that are lacking because of the existence of bitcoin
Not only about the existence of bitcoin but they have to embrace the cryptocurrencies for them to be able to get some help to make their troubled economy healthier.

people can earn more than enough in this bitcoin because at a very high price then anyone from those who plunge into will get the income pretty much.
You should put some description on how people can earn through bitcoin. This is the misconception by most that just because they bought bitcoin they'll get a nice return quickly. It's not only about holding but it's about adopting, trust and belief.
full member
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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



Japan today is using cryptocurrency in order to improve their economy and because of that, we can say that cryptocurrency is helping the country so there's no bad thing about bitcoins but it will just depend on where you are going to use it just like fiat.
full member
Activity: 420
Merit: 100
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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


yes i guess that's a good idea. bitcoin can be an economic solution in a third world country. but their main requirement should be internet access and gadgets. I live in a third country even though in my country illegal cryptocurrency should not be used for means of payment. but being allowed to use this investment made thousands of people interested in investing in bitcoin and following a signature campaign. many of them including me who achieved financial freedom due to bitcoin and cryptocurrency.
member
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I agree with you because it is true that this bitcoin is a solution to the economic problems that are lacking because of the existence of bitcoin, people can earn more than enough in this bitcoin because at a very high price then anyone from those who plunge into will get the income pretty much.
full member
Activity: 784
Merit: 123
Pretty true. Zimbabwe is a very good case study and for those who really knew about this country's economy, they would know how shitty it has been for a very long time which made their currency to end up being scrapped and with the government policies and all that has limited the people from being able to make international transactions, bitcoin has really been the best option for the citizens and it has been of huge help for a lot of them. Goldman sach is very right!
We can't be sure also that Zimbabwe will adopt this new form of currency since they don't have enough capital to start up. It could be hard for them to access in crypto if they don't have internet connection. Government participation also will be in huge help to make this things possible to happen.
member
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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


Yes it can be use and it can be a saver of a troubled economy and every country. Bitcoin can help a lot and its a huge impact on your industry especially economy cause we all know that many jobs can provide bitcoin and that jobs will our people extra money and that extra money will bought a food then the food had a tax that will towards at government. That money can be use to economical status
sr. member
Activity: 868
Merit: 266
I really agree with that, I already feel the benefits of bitcoin in my family's economy. I can help a little improve my family's economy.
The Venezuelan governments recently banned bitcoins and made their very own crypto currency but I have heard is that they have been able to rise a substantial amount of money by selling the tokens of the said coins to the people.
jr. member
Activity: 262
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I really agree with that, I already feel the benefits of bitcoin in my family's economy. I can help a little improve my family's economy.
sr. member
Activity: 376
Merit: 250
Bitcoin is useful for an underdeveloping country to create jobs and to create new self employed opportunities and new set of millionaire as well
Agree.Yes it can be very helpful and useful to make a troubled economy boosts into a more developed and progressive one.With the presence of bitcoin,the rate of unemployed people will be lessen because bitcoin itself can be a good source of income already.And if you happen to be very lucky in bitcoin especially if you started it in an earlier times,then you will have a great chance to be a future millionaire someday.
Early adopters probably have enough savings now if they smart enough to hold it and sell it on the right time, the economy needs more people that will find good way to earn in it to lessen economic problems.
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I believe, that young new generation will somehow explain that to rulers and they will understand that concept of saying
member
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Yes, but this needs to wise and recent peolp eto be at the handles, if those old dumb guys will rule, we are desperate.
sr. member
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win lambo...
Bitcoin is useful for an underdeveloping country to create jobs and to create new self employed opportunities and new set of millionaire as well
Agree.Yes it can be very helpful and useful to make a troubled economy boosts into a more developed and progressive one.With the presence of bitcoin,the rate of unemployed people will be lessen because bitcoin itself can be a good source of income already.And if you happen to be very lucky in bitcoin especially if you started it in an earlier times,then you will have a great chance to be a future millionaire someday.
hero member
Activity: 686
Merit: 500
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


That's what we could see happening in Venezuela and even,Iran was earlier discussing to use bitcoin to bypass US sanctions but now,it has changed its stand.
member
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Bitcoin is useful for an underdeveloping country to create jobs and to create new self employed opportunities and new set of millionaire as well
jr. member
Activity: 280
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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


I so agree with this. Yes, it really help those with low income citizens and if course most of them is living in a country with unstable economy. And in general, it will really help the country cope up with those developing countries.
sr. member
Activity: 1582
Merit: 352
★Bitvest.io★ Play Plinko or Invest!
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


Yeah maybe because it can help less fortunate people to have financial freedom and from that economic status may change. Countrymen with good financial status will help improve and may contribute good taxes for the good of the country and of course it's economy. Bitcoin and cryptocurrencies are the best form of investments as it can give investors fast and good return that may lead to more and more successful individuals in the specific country.
newbie
Activity: 156
Merit: 0
             To my concept Bitcoin is useful for a troubled economy since financial crisis situations, people were in great trouble since the bank and government imposed capital controls over the populations like stopping them do even basic things as taking cash from the banks  . Bitcoin is useful for this type of economy when global financial crisis occurs people loses faith in Bank and fiat currency that is centralized currency,people  find faith in decentralized currency that is Bitcoins or cryptocurrency.
newbie
Activity: 168
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Bitcoin is helping for the economy for third world country for creating jobs and creating new wealth and new entrepreneurial skills
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