Topic: Bitcoin can be useful for a troubled economy - page 8. (Read 33157 times)
Yes definitely Bitcoin is a life changing opportunity and it will be only used in difficult situation so I think the country was also in difficult situation a useful things a bitcoin will helpful for taking the care of the economy to be very useful and more better than before that's why it will be needed for the future.
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.
strongly agree with what you are conveying, but keep in mind the issue of legality and technological development in the country is very influential too, and the possibility also with the development of technology can make things happen 
I'd have to say that bitcoin can have the opposite affect on a troubled economy. It makes transactions untraceable and actually drains money away from the central bank, who can no longer tax it. It's questionable whether it actually helps citizens, on the one hand their government has less money to improve public services but on the other it can keep money out of the hands of corrupt government officials.
Of course crypto currency is very useful to overcome these conditions. This has been proven when Venezuela adopted the crypto currency that economic development in the country is running well.
in 2017, bitcoin is indeed a way for people with economic problems because this year there have been many people who have benefited so much from bitcoin that many people have become rich and successful in the crypto world
hahaha that's true and surely you don't want to say that 2018 is a bad year in the bitcoin economy, at least they were lucky to use bitcoin before 2018
yes, it is very good for countries with economic conditions that are not stable or often have hyperinflation. the way it works is that bitcoin or other crypto stands alone is not tied to the bank, so it determines its own exchange value, so it can minimize the occurrence of excessive inflation.
yes right like in Venezuela, Africa is an economically unstable country.
but Venezuela does not use bitcoin to become their currency. and now I hear their currency is not selling at all
in 2017, bitcoin is indeed a way for people with economic problems because this year there have been many people who have benefited so much from bitcoin that many people have become rich and successful in the crypto world
hahaha that's true and surely you don't want to say that 2018 is a bad year in the bitcoin economy, at least they were lucky to use bitcoin before 2018 
yes, it is very good for countries with economic conditions that are not stable or often have hyperinflation. the way it works is that bitcoin or other crypto stands alone is not tied to the bank, so it determines its own exchange value, so it can minimize the occurrence of excessive inflation.
yes right like in Venezuela, Africa is an economically unstable country.
but Venezuela does not use bitcoin to become their currency. and now I hear their currency is not selling at all
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 you are right especially for people who do not have work and income. bitcoin can be used as a job opportunity. and the highest number of unemployed people is usually in third countries. so I'm sure when bitcoin is legalized in these countries, bitcoin can help solve their economic problems.
Of course, to some extent, Bitcoin can help to boost the economic status of a country through job creation, investment opportunities, financial satisfaction etc. The fact is, the economy of a country is influenced by many factors and to reach a complete upliftment, the governments of various countries must work towards the things that uplift the economy of their countries which may include job creation, increasing exportation and decreasing importation, training professional working force etc.
in 2017, bitcoin is indeed a way for people with economic problems because this year there have been many people who have benefited so much from bitcoin that many people have become rich and successful in the crypto world
Only on 2017 ? What about on other years ? The previous and current years are also profitable and if the market dumps that does not mean that your earning capabilities will also be lessen . the dump of the price is not a hindrance . you can still earn if you are wise and knowledgeable person . bitcoin is only a currency and it didnt mean to rescue a troubled country . the government and the people living on a country are the ones that dictate their future not bitcoins or cryptos .
in 2017, bitcoin is indeed a way for people with economic problems because this year there have been many people who have benefited so much from bitcoin that many people have become rich and successful in the crypto world
Only on 2017 ? What about on other years ? The previous and current years are also profitable and if the market dumps that does not mean that your earning capabilities will also be lessen . the dump of the price is not a hindrance . you can still earn if you are wise and knowledgeable person . bitcoin is only a currency and it didnt mean to rescue a troubled country . the government and the people living on a country are the ones that dictate their future not bitcoins or cryptos .
Haven't heard Goldman Sachs for quite awhile about his stance for bitcoin.
in 2017, bitcoin is indeed a way for people with economic problems because this year there have been many people who have benefited so much from bitcoin that many people have become rich and successful in the crypto world
And this scenario will happen again in the next few years to come. When the market reaches too high market cap around a trillion or two. More events that can help to make the market better. 
in 2017, bitcoin is indeed a way for people with economic problems because this year there have been many people who have benefited so much from bitcoin that many people have become rich and successful in the crypto world
Many people believe that a new economic crisis is imminent. Actually, I am one of these guys.
If an economic crisis comes then people will start searching for new ways to store the value of they money. Bitcoin and cryptocurrencies can be a solution to this problems and it can increase the mass adoption and the crypto awareness in our society.
I think you are dreaming because if an economic crisis happens, the government will use every solution to prevent it when this problem can make society chaotic, and even if this crisis cannot be prevented, the government will still guide people to safe locations for storage, which can be gold or silver. Bitcoin will not be a reliable solution to the crisis when people still don't know too much about it, you should not think bitcoin is a god and can solve all your problems, it is just a tool to invest, people can make money with it but there is no guarantee in bitcoin. If an economic crisis comes then people will start searching for new ways to store the value of they money. Bitcoin and cryptocurrencies can be a solution to this problems and it can increase the mass adoption and the crypto awareness in our society.
yes, it is very good for countries with economic conditions that are not stable or often have hyperinflation. the way it works is that bitcoin or other crypto stands alone is not tied to the bank, so it determines its own exchange value, so it can minimize the occurrence of excessive inflation.
yes right like in Venezuela, Africa is an economically unstable country.
but Venezuela does not use bitcoin to become their currency. and now I hear their currency is not selling at all
yes, it is very good for countries with economic conditions that are not stable or often have hyperinflation. the way it works is that bitcoin or other crypto stands alone is not tied to the bank, so it determines its own exchange value, so it can minimize the occurrence of excessive inflation.
yes right like in Venezuela, Africa is an economically unstable country.
but Venezuela does not use bitcoin to become their currency. and now I hear their currency is not selling at all
Many people believe that a new economic crisis is imminent. Actually, I am one of these guys.
If an economic crisis comes then people will start searching for new ways to store the value of they money. Bitcoin and cryptocurrencies can be a solution to this problems and it can increase the mass adoption and the crypto awareness in our society.
If an economic crisis comes then people will start searching for new ways to store the value of they money. Bitcoin and cryptocurrencies can be a solution to this problems and it can increase the mass adoption and the crypto awareness in our society.
I agree. I also believe that cryptocurrencies can improve the economy and bring it to a new level. Some economic processes can be simplified thanks to cryptocurrencies.
Just partly. I do not think that Bitcoin can be an economy saver. The governments should make some changes to improve the situation in their countries.
Little bit you are wrong, you should see bitcoin has changed our economy level. I have seen crypto currency has given a source of income who was jobless and they have a enough earning from crypto trading. So can't say totally No.
But it is also right, that most of the countries's government ban the bitcoin, but may be it is temporary.
I agree. I also believe that cryptocurrencies can improve the economy and bring it to a new level. Some economic processes can be simplified thanks to cryptocurrencies.
Just partly. I do not think that Bitcoin can be an economy saver. The governments should make some changes to improve the situation in their countries.
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