Topic: Bitcoin contribution to world economy - page 8. (Read 1004 times)
In the year future of 2028 I think bitcoin has a big contribution in the world economy .People now using bitcoin everyday by paying bills and other bills,its been worldwide known and very popular cryptocurrency that can be.It has a huge effect in the economy by reducing poverty and jobless will do have a job.It will benefits us a good standard of living in our economy and continues growth for us.
How do you think bitcoin will affect the world economy by 2028?
Great, if the bitcoin will reached on that year 2028 I can't figure out the value of bitcoin on that time. Regarding to the economy, well of course yes but only to those who are in the bitcoin community as well as the crypto currency community that really helps to earn just to have money for the daily needs in life.
How do you think bitcoin will affect the world economy by 2028?
Bitcoin will have a huge effect on world economy as a whole because for every country that has a lot of bitcoin user, they can add money to their country's financial state because as they earn bitcoin for themselves, they are getting it on other sources (outside of their country) so that money will add to their country's total financial state whenever they use their bitcoin for their personal needs.
On my own opinion, yes but doesn't mean totally contributed the the world economy. The fact is it really helps to each of everyone of us in the crypto world by earning some amount to support our needs in daily consumptions. I really appreciate bitcoin which is special in many ways compared to other fiat currencies as bitcoins gives its user's the sense of financial freedom from a third party situation which means only the user's have control over their own coins or bitcoin earnings, the bitcoins is a network of coins which helps to transfer bitcoins through a peer to peer network.
Until now bitcoin has not been able to contribute much to the world economy because there are still many countries that do not accept bitcoin as a legitimate currency used by citizens in a country. This makes the contribution of bitcoin to be choked to be a solution for the development of the world economy is now all digital.
I think it can give a better contribution to the world economy because people like me really helps everything I need to buy and pay to make my days complete and I think it can really help me a lot.
Are you telling that bitcoin helps you in your daily activities ,you have to thank this forum rather than bitcoin as most of the people are trying to make money with the forum and not because of bitcoin you are making these money. 
what is the contribution of bitcoin to the world economy is giving people the option to invest in a decentralized market rather than the centralized market we have.
I think it can give a better contribution to the world economy because people like me really helps everything I need to buy and pay to make my days complete and I think it can really help me a lot.
Are you telling that bitcoin helps you in your daily activities ,you have to thank this forum rather than bitcoin as most of the people are trying to make money with the forum and not because of bitcoin you are making these money. what is the contribution of bitcoin to the world economy is giving people the option to invest in a decentralized market rather than the centralized market we have.
It could make a great impact just like what is happening now.
But it needs progress too. It cannot stay to be like this for long processed transactions which takes days even with average payments. That will be unfair for the users.
One more thing is the fees. The large amount being paid could lead to people looking for something else which is better and cheaper.
Because we like it or not world will be coming digital if we ask bitcoin will have an impact to the world economy yes it has, because it every currency will seek for domonance that the people will recognize as the world currency.that world economy is dependent to it like fiat money today dolars is still holding the dominance of world economy. But it needs progress too. It cannot stay to be like this for long processed transactions which takes days even with average payments. That will be unfair for the users.
One more thing is the fees. The large amount being paid could lead to people looking for something else which is better and cheaper.
It could make a great impact just like what is happening now.
But it needs progress too. It cannot stay to be like this for long processed transactions which takes days even with average payments. That will be unfair for the users.
One more thing is the fees. The large amount being paid could lead to people looking for something else which is better and cheaper.
Because we like it or not world will be coming digital if we ask bitcoin will have an impact to the world economy yes it has, because it every currency will seek for domonance that the people will recognize as the world currency.that world economy is dependent to it like fiat money today dolars is still holding the dominance of world economy. But it needs progress too. It cannot stay to be like this for long processed transactions which takes days even with average payments. That will be unfair for the users.
One more thing is the fees. The large amount being paid could lead to people looking for something else which is better and cheaper.
2028 is very far, one hypothesis, bitcoin could be a bit behind other currencies (like ethereum) like it's not a payment solution, it cannot support a lot of payment but it could bring more transparencies for companies or even government that would use it.
However before this, government have to regulate bitcoin:)
However before this, government have to regulate bitcoin:)
yea why not bitcoin is a currency and it have its own value in market so it definitely contribute in world economy if it is present in market. Still there are no such large number of BTC present in market but as the users of bitcoin is increased in market then more BTC will came to market and after sometime according to my idea bitcoin will be the only currency which will strongly contribute in economy.
How do you think bitcoin will affect the world economy by 2028?
Till 2028 i think the world will change totally and there will be a totally digital era in the world. Every person will become digital and people will also adapt to the digital change. I think bitcoin will become a global currency and by 2028 it can also become a center of world’s economy as it is growing daily and in some years, everyone will work with bitcoin and use it for their advantage. Bitcoin will increase the world’s economy till 2028.
It could make a great impact just like what is happening now.
But it needs progress too. It cannot stay to be like this for long processed transactions which takes days even with average payments. That will be unfair for the users.
One more thing is the fees. The large amount being paid could lead to people looking for something else which is better and cheaper.
But it needs progress too. It cannot stay to be like this for long processed transactions which takes days even with average payments. That will be unfair for the users.
One more thing is the fees. The large amount being paid could lead to people looking for something else which is better and cheaper.
It wont affect the economy directly, just stop thinking about that because it is obvious that banks, as an example, are never going to disappear because of bitcoin, in any case, they will try to create their own crypto, nothing more than that.
Thinking of world's economy on 2028? I don't bother to think about it, I'm visioning that it will be good because many people will deal with bitcoin and cryptocurrencies. There will be a positive impact to the economy and it will make everyone to live a decent life because of bitcoin. And transactions will be done mostly through bitcoin as it will become a very popular medium of transactions especially for business people.
In bitcoin, it’s really difficult to predict accurately whether it will impact to our world’s economy in the coming year. However, we all know clearly that there are getting more and more people using bitcoin nowadays, which make us believe in its existence as same as its influences to all over the world. Through its convenient, help us to earn profits, which make us be attracted. There also have some countries accept it like local currency. I think it’s a great foundation which pushes bitcoin to impact to our economy strongly in the future.It's easy to predict when it comes to the impact of our world's economy. It's like a domino effect, if someone or a group in a country are into bitcoin and they are earning that much then they have some hidden wealth that they are depending to as they live. And if those people/groups are combined altogether from different countries will spend that hidden wealth then it will have a great impact to world's economy in a positive way.
Invented in 2009, crypto-currencies were not taken seriously until the first 5 years of its existence. And only now their rate began to grow and they became an equal player in the financial market. Сrypto-currencies are capable of making a revolution in the financial world. After all, after some pillars of financial activity are overthrown, in their place should be no less reliable and transparent. And these are the pillars and should become a blockchain and those opportunities that provide the world with crypto-currencies.
Actually, I think that bitcoin will affect positively to the economy of the world and particularly when the governments recognize it and the other currencies too, then everything will change for the better for all cryptocurrencies but the biggest problem that many countries are afraid about these coins because they cannot control them and and they always want to dominate the money.
Today bitcoin has a positive impact and has contributed a lot also to the world economy, esp to the country who supported seriously btc as their medium payment method, and uses bitcoin also to reach out community who are interested to learn more the activity of bitcoin, it is good in the sense that many who have earned a lot already, many who have enjoyed already the profit of their money as fruit of bitcoin, many who are unemployed yet they earn money in bitcoin such as joining forum and other ways of acquiring it without having a capital, wise millenials have a wise ways and means as well, and they benefit a lot the existence of bitcoin in the world
I think it can give a better contribution to the world economy because people like me really helps everything I need to buy and pay to make my days complete and I think it can really help me a lot.
Talking about world economy, we can only talk about world economy where we have collective effort but bitcoin has not been seen to be a phenomenal that is generally accepted by all country.
So, in my own view, it will rather contribute immercely to an individual's lives and this is already happening.
It is likely that btc will be one of several alternatives for the world economy in the not too distant future. Another theory is likely to be that many governments will turn their fiat into digital currencies (many are already doing so, especially in South America) and this would end up generating a kind of bickering between government and the user community of btc, as government currencies are likely to cost the same of physics btc would still be above all. So, in my own view, it will rather contribute immercely to an individual's lives and this is already happening.
Jump to: