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Topic: Bitcoin contribution to world economy - page 3. (Read 1016 times)

jr. member
Activity: 336
Merit: 3
August 07, 2018, 07:21:43 AM
Since bitcoin is a cryptocurrency it contributed to the economic landscape to change drastically. People have become more reliant on online transactions as a more convenient means to pay for products and services. Though the alarming amount of price volatility left regular financial-market participants wary due to its potential risks.
The volatility problem is likely to be corrected as more persons begin using bitcoin as a means of payment. Adoption will be explosive someday.
jr. member
Activity: 336
Merit: 3
August 07, 2018, 07:13:14 AM
Bitcoin will be a major player in world economy, possibly be used in part for international trade. International remittance will more likely be in bitcoins/cryptos.as an example
member
Activity: 322
Merit: 10
August 07, 2018, 07:10:07 AM
buying and selling of shares has existed since tens of decades ago, many of the effects felt in the business in the development of the world economy, I think bitcoin will also be like stocks that can make a country's economy progress,
member
Activity: 195
Merit: 10
August 07, 2018, 06:55:22 AM
My positive forecast is this: ordinary people began to use cryptocurrency in normal life. Bitcoin - at the level with other payment currencies. Governments began to transfer the national currency to the digital one. Buyers became protected due to transparency of transactions. Bitcoin has helped consumers save huge amounts on commissions for international transfers. People are good, and therefore the world economy, too.
full member
Activity: 378
Merit: 100
July 31, 2018, 05:01:56 AM
Blocking technology in the union with the development of crypto-currency on their basis have a huge potential for development and influence on the world economy. Creation of a new national crypto currency within a single country will give the state an additional 3% of GDP growth. This figure is achieved through new transactions with lower interest rates
newbie
Activity: 30
Merit: 0
July 31, 2018, 04:59:11 AM
Bitcoin has highly contributed to the worlds economy.This is because most people and persons in the world today has equip themselves with bitcoin investment which has now create other investment avenues for people in various economy in the world which has improve their lives and investment.

a transparent blockchain system makes a lot of people interested in getting involved, it's a technology that's still going to be perfect when it's developed positively, crypto currency circulation is sweetening because of the large volume level

bitcoin makes an active and regular contribution to all levels of society without exception and lots of people no need to worry about the authenticity of their personal data that chooses anonymity in the internet business.
member
Activity: 280
Merit: 10
July 31, 2018, 04:35:47 AM
Bitcoin affect differently on different country economy. Sometime it affect in positive way sometimes it affects in negative way. According to Chinese government bitcoin affect their country economy by affecting their country own currency value in the international market. According to some other countries government bitcoin affects their country economy by affecting their country banking system. In some countries bitcoin help to built their economy strong by reducing unemployment issues in their country. Bitcoin help central African developing country's economy by helping their people in money transaction problems.
Bitcoin goes there to expand its economy and develop in every corner of the world. It is important that countries that do not recognize it in the market have many reasons over time. And now it has boosted the economy of a number of countries and especially the hard-hitting ones who have found their own opportunities for good returns.
jr. member
Activity: 151
Merit: 2
July 31, 2018, 03:06:46 AM
How do you think bitcoin will affect the world economy by 2028?

For now the ability of this community to be effective economically speaking is somehow a little to be considered since it focuses generally on how this community may help each individual to attain profit and the exchange service as well, like there is no centre of power that will act as the boundary for the two beneficial aspect could meet and I guess this is the good thing in Bitcoin.
Right now, bitcoin is not that much famous and that not so many people have started accepting bitcoin and that because of which, there is no such major contribution of the bitcoin in making this world economy better. However, at time when more people will start investing their money into it and that the governments will declare them as legal currencies, then we will see a major impact of the bitcoin in improving the world economy.
full member
Activity: 350
Merit: 100
July 24, 2018, 11:30:58 AM
How do you think bitcoin will affect the world economy by 2028?
Until now it been an easy scoff at the cryptocurrency boom, or ignore it if you weren't interested, But as the rally has spread from bitcoin to other coins from those other coins to companies touting links to cryptocurrencies and potentially soon those companies bidding for resources in the real economy we're going to see cryptocurrencies impact the real economy.
newbie
Activity: 14
Merit: 0
July 24, 2018, 11:29:30 AM
Bitcoin has highly contributed to the worlds economy.This is because most people and persons in the world today has equip themselves with bitcoin investment which has now create other investment avenues for people in various economy in the world which has improve their lives and investment.
member
Activity: 161
Merit: 11
July 24, 2018, 11:15:01 AM
Since bitcoin is a cryptocurrency it contributed to the economic landscape to change drastically. People have become more reliant on online transactions as a more convenient means to pay for products and services. Though the alarming amount of price volatility left regular financial-market participants wary due to its potential risks.
newbie
Activity: 78
Merit: 0
July 24, 2018, 09:52:47 AM
How do you think bitcoin will affect the world economy by 2028?
I think no because Bitcoin was created as a new online payment method but now, the nature of bitcoin is speculation. It is not creat the real value for the world economy. And Bitcoin transactions are anonymous, cannot be controlled by Governments. What Government's cannot control, they will prevent the development.

Indeed, Bitcoin might be the future way of payment in the future. It is truly a process of exchange wherein the government can not penetrate.

However, I believe Bitcoin will have a big impact in the economy of the world. It involves the transaction of different kinds of money which make the values to circulate. Moreover, Bitcoin makes jobs for a particular person and help to decrease unemployment in the society.

So, both Bitcoin and the Government will have a major part in developing the world. Cheesy
full member
Activity: 273
Merit: 100
July 24, 2018, 09:43:03 AM
How do you think bitcoin will affect the world economy by 2028?

For now the ability of this community to be effective economically speaking is somehow a little to be considered since it focuses generally on how this community may help each individual to attain profit and the exchange service as well, like there is no centre of power that will act as the boundary for the two beneficial aspect could meet and I guess this is the good thing in Bitcoin.
full member
Activity: 339
Merit: 102
The Exchange for EOS Community
July 19, 2018, 02:04:50 PM
How do you think bitcoin will affect the world economy by 2028?

Well I thibk for now the contribution of Bitcoin to the world and to the people is very little since it was not accepted generally by most of the people today and be used as daily basis platform for making transactions and I guess this is the reason why most of the people doesn't really see the essence of this platform for now but I think it will br progressive as time goes by.
member
Activity: 420
Merit: 18
July 19, 2018, 01:38:21 PM
bitcoin contribution for the world economy will be huge bitcoin and blockchain will contribute new internet world revolutionary technology the way world communicate and respond each other
newbie
Activity: 98
Merit: 0
July 16, 2018, 04:00:20 AM
The only way for Bitcoin to be able to prosper is if government leaders embrace it, which they will never do -- as they want all the power that they can get in their governments.
member
Activity: 798
Merit: 10
July 16, 2018, 02:07:44 AM
How do you think bitcoin will affect the world economy by 2028?

I am not an expert on economic but i think bitcoin will affecting on world economy. We know few months ago on G20 meeting that member of G20 will meet again to discuss about cryptocurrency regulation, I am believe this meeting held because cryptocurrency affecting on world economy
full member
Activity: 490
Merit: 101
July 15, 2018, 06:58:44 PM
How do you think bitcoin will affect the world economy by 2028?


The major way bitcoin will be affecting the world's economy by year 2028 is if and when it really gets to achieve its breakthrough over the government's autonomy and giving individuals power over their finance; unregulated! I want to believe there will be a positive side of improved economy.
full member
Activity: 192
Merit: 101
July 15, 2018, 06:38:49 PM
there may be a revolution of cryptocurrency by 2028, until bitcoin becomes a worldwide recognized means of payment that year, and if it happens automatically bitcoin greatly affects the world economy.
newbie
Activity: 98
Merit: 0
June 26, 2018, 02:11:17 AM
It can be said that, in the last five or six decades, there has been no development in the world, and there is no other way in human history. I named this period 'our work' The most notable aspect of this transformation is that at this time the growth has taken place in all those parts of the world, in which the first two centuries of industrial revolution did not touch. So Bitcoin's contribution to the global economy is a lot.
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