Topic: Bitcoin can be useful for a troubled economy - page 38. (Read 33128 times)
It can be useful but then again if you have a corrupt government like Venezuela offering a crypto called Petro then Bitcoin could in theory cause more trouble more an economy. I think the header should be changed to "Bitcoin can be useful for a non dictatorship like run economy". Again I find it weird that the Parliament in Venezuela can say the Petro is illegal, yet it will still launch. I don't know how much more corrupt a country can get.
No one would agree to replace national currencies with cryptocurrencies.
Before everyone talks about it but now you'll rarely see a real coiner believes that it will replace national currencies.Now Central banks print money as they want, and this partly leads to problems in the economy.
It will cause inflation if a Central Bank does print money as they want. If that country doesn't care about their economy then they will their central bank print money. That's why having a limit of the money they print is important. 
With the right intention along with implementation then I would say that cryptocurrency can be useful in the economy of a country.
No, you can't make country become better with Bitcoin. Since there is a fiat currency that has been discussed on certain country as their national currency and also it helps to maintain between demand and supply. If those countries (especially 3rd world country) already poor and someone established Bitcoin, those countries would become more poor cuz Bitcoin can't make the economy better.
Well I mean that's why'd bitcoin was exist tho, is not just for individual economy's but for the country to be exact, but I don't know what exactly the reason why some country has banned bitcoin. It does bitcoin was really unoredictable and so risky, there are to many crime on it but we can avoid that tho, and I'm pretty sure that mostly bitcoiners doesn't look for a crime.
With the right intention along with implementation then I would say that cryptocurrency can be useful in the economy of a country. The problem here lies in the acceptance of the government in cryptocurrency as there are still many countries that are rejecting it. Also another problem in some countries is the regulation of it as many corrupt government officials would want to monopolize it.
Of course, this is a real way out for many countries! The main thing to visit was problems with electricity and everything-it's done. I fully agree with analysts, because many countries specifically to visit give to develop, and s. Cryptocurrency they visit disconnected from anyone to depend.
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 guarantee this statement is pretty true . Butcoin is useful for a troubled economy because it will help the economy have a bigger money and have a bigger savings . 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
Maybe BTC is really useful as the patch-up but it isn't a solution for poor economy structure and development. Cryptoassets is for the next new digital ecosystem and not for third world countries economy healing.
No one would agree to replace national currencies with cryptocurrencies. Then States will not be able to print money uncontrollably. Now Central banks print money as they want, and this partly leads to problems in the economy.
I think this is half the possibility. If that country has economic difficulties but bitcoin development in a certain way they will develop but if the wrong time will be more crisis.
not really bitcoin price its all demend on demande so if there is no buyer bitcoin will not worth a cent thats how its work with bitcoin
I agree with the thought that Bitcoin can be useful in countries having troubled economy and less cash flow for any sort of trading or investment. Bitcoin can rescue people from such situation and can act as a support system for banks too by providing various opportunities to people to take keen interest in investment or trading. 
of course bitcoin is very useful for people who berekonominya problem, when the person loses his job, bitcoin is perfect for the livelihood of people who do not have jobs,
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.
Well I dont think so, we cannot combine two unlike entities like government and decentralized forum like Bitcoin,I guess Bitcoin will come to help the people who were knowledgeable enough with this to earn on their own, and Bitcoin will help the economy if the government will allow it to be acquired by public servants and companies which may help for the better transactions, payment and an additional way to get people a profit.
I don't think that it will work.
Yes no doubt it could strengthen the economics of the country only if the price went up ,but if it went down then they will be in a state even worse than before.
Hitting someone I'll can literally kill him !!!!
I don't think it will work untill and unless it's stable. And since they are already dead maybe they don't even care about the things they adopt.
it is logically like that, but there are countries that have applied it. we see venezuela is a country that is economic crisis. they use cryptocurrency and hope the economy will improve. but i think this will be good for the long term Yes no doubt it could strengthen the economics of the country only if the price went up ,but if it went down then they will be in a state even worse than before.
Hitting someone I'll can literally kill him !!!!
I don't think it will work untill and unless it's stable. And since they are already dead maybe they don't even care about the things they adopt.
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, It can. The people can participate bounty campaign with join signature and social media campaign. They can get alot income from it. So it will help their financial.
I think that whole country, if would be lead with wise and modern people, they can quit a financial pit using this new era eceony for good.
since bitcoin has no effect on inflation and deflation, bitcoin can be useful to help the economy of a country, by means of cooperation between countries in the form of bitcoin.
I don't think that it will work.
Yes no doubt it could strengthen the economics of the country only if the price went up ,but if it went down then they will be in a state even worse than before.
Hitting someone I'll can literally kill him !!!!
I don't think it will work untill and unless it's stable. And since they are already dead maybe they don't even care about the things they adopt.
Yes no doubt it could strengthen the economics of the country only if the price went up ,but if it went down then they will be in a state even worse than before.
Hitting someone I'll can literally kill him !!!!
I don't think it will work untill and unless it's stable. And since they are already dead maybe they don't even care about the things they adopt.
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
Inflation, poverty, lack of jobs and corruption are among the problems that Crypto can help people in developing nations solve. Cryptocurrencies such as Bitcoin give those in unstable economies another option to protect themselve. Cryptocurrencies can reduce remittance fees to developing nations, and improve banking access, help raise capital and end corruption.
Indeed from one side can help a troubled economy but the other side of the bitcoin not made in the place of escape when the economy is problematic.
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