Bitcoin can change economic? - page 12.

websoftwareengineer

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Quote from: Anamika143 on May 20, 2018, 01:38:35 PM

We have seen Bitcoin and people's economic changes in the country. Do you know how Bitcoin is changing the economy? Do people believe that economic changes are possible by Bitcoin? And what will be the impact of Bitcoin economics in the future?

Bitcoin has a huge impact on the economy of the country, if most of the people will prefer on investing in cryptocurrency then banks will lose their funding capital for the government and that is the reason why governments hate cryptocurrency.

Ridwan Fauzi

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Bitcoin is just a means of payment, however with a volatile price so everyone uses it as an investment and trading. Same with other investment places, which will give everyone profit and even loss. I do not think bitcoin will have a big effect on a country's economy, bitcoin will be just another alternative to earn a living. At least with the latest innovations of a technology will make it easy for everyone who uses it.

Rustamm

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Bitcoin lover!

Quote from: Anamika143 on May 20, 2018, 01:38:35 PM

We have seen Bitcoin and people's economic changes in the country. Do you know how Bitcoin is changing the economy? Do people believe that economic changes are possible by Bitcoin? And what will be the impact of Bitcoin economics in the future?

Bitcoin can change a lot in the life of a particular person, increasing its economic state. However, in general, this will have little impact on the economy of the country. Bitcoin is not a magic wand, with which you can solve problems on a countrywide scale. With the advent of bitcoin, economic laws are not repealed. If someone raised their economic position at the expense of bitcoin, then someone has to lose as much.

ahmad21

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Yes it can bitcoin is such an invention it has already changed economics of this world. It has already awaken many people from the long dream of fiat and debt going around in the world. It has made even the governments think about the future of fiat. No wonder why all the major corporate gigantic personalities are talking about cryptos. Why every company is inculcating blockchain in its working by using an ICO or cryptocurrencies. I think bitcoin has already made a lasting impact on the economy which will not be forgotten until long. There is already 2-3% of the world's economic affairs going on in cryptos it wont take much time for this number to skyrocket.

Dudeperfect

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Bitcoin is not a magic stick but it is the vehicle faster and cheaper than the fiat payment system. It depends on us that how we are driving it with our money. I believe that it will definitely help us and indirectly to the economy to optimize the traditional style of transferring money and it will not only save our time but also it will save the cost and we can utilize the gains in other areas resulting in a higher output.

Noelbetty12

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I do believe bitcoin have the power to change the economy. That is why countries like china is really trying to control transactions on bitcoin. Consider a person from other country earning bitcoin in that country and exchanging it to their currency and sending it to his own country. How will this affect the economy of the country if done in volume? So I guess this could really create such problem.

gadimbrut

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bitcoin will not change the economy of a country, maybe bitcoin will only help the economy of some people who choose bitcoin as an investment, currently there are still many countries that have not legalized bitcoin.

hagiyatmaz

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Bitcoin is giving the chance to anybody in the world to use a real online currency, no restrictions, no border, no discrimination.Bitcoin is changing how we move funds and make payments, it is the only payment method for lots of countries where visa, mastercard, paypal is not present.BitCoin, not just the economy, will change the world.

intoy_victor

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Will as of now bitcoin is one of the reasons why economy is getting up or down. It's depend to the users if they use it for there daily financial. And also it could increase the demand a person. The higher the demand the higher the chance to increase the economy.

zalizoll

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That's right, bitcoin can change the lives of the holder. Economically, the life of bitcoin holders is always on the rise. The luxury of his life is also sufficient.

Shenzou

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Quote from: Anamika143 on May 20, 2018, 01:38:35 PM

We have seen Bitcoin and people's economic changes in the country. Do you know how Bitcoin is changing the economy? Do people believe that economic changes are possible by Bitcoin? And what will be the impact of Bitcoin economics in the future?

I don't think that bitcoin will directly affect the economy overall, instead it might affect the economy of an individual, we of all people here know the advantages that bitcoin has brought us financial and how our lives improved by using it, not all people know about it but certainly if governments decide one day to use bitcoin as a currency that people can trade with than certainly the economy might see some improvements.

diodora

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It can help an Economy in many ways:

1) Government can get more tax because of people making profit.

2) Unemployed people can get a source of income.

krauzzer02

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It depends on the country with the regulation that they imposed in bitcoin if the usage, trading and holding cryptocurrency is banned in a certain country then there would be no economic impact specifically on its people, some critics like banking and big personalities that bashes bitcoin see it as a threat having a potential to be a thing to a certain economy without their control.

Free1bitco.in

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bitcoin has a big role in improving the economics of the world community especially in developing countries, although sometimes bitcoin is still considered illegal but the reality is not like that, and I'm sure bitcoin will continue to grow and popular in the future, bitcoin popularity can not be avoided worldwide using bitcoin

Red Fish

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Bitcoin can change economy in smaller countries, but not in large ones. Plus country must be developed, not from Africa, because in Africa there can not be so many Bitcoin users due to lack of computers and electricity.

munify

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Quote from: Anamika143 on May 20, 2018, 01:38:35 PM

We have seen Bitcoin and people's economic changes in the country. Do you know how Bitcoin is changing the economy? Do people believe that economic changes are possible by Bitcoin? And what will be the impact of Bitcoin economics in the future?

Bitcoin is more able to change the holder's economy, many people benefit from bitcoin, because bitcoin can be a lucrative passive job that is helpful to meet needs.

pprun

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Of course bitcoin can possibly change the economic of country. Society is form by the family so country have great numbers of family. Imagine if every family work for bitcoin then in due time the country will be an cryptocurrency. The economy will increase.

Jaydis

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Probably bitcoin can help to improve our economy Bitcoin can contribute also the large impact in our economy, but Bitcoin alone can never change our economy it can be use as a tools to improve our economy and enhance the traditional way to survive the economic problem, one thing I know for sure that can contribute and change the economy is the technology we encounter today, we experience fast improvement in the technology.

sepeda karat

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I think bitcoin can improve the economy of a country even very very help one economy in any field because bitcoin is a type of digital currency that has a very high selling value.

sepeda karat

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Activity: 70

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I think bitcoin can improve the economy of a country even very very help syatu country's economy in any field because bitcoin is a type of digital currency has a very high selling value

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