Bitcoin contribution to World' income - page 3.

GangNamSK

member

Activity: 280

Merit: 10

I believe that bitcoin will bring a lot of contributions to it and will pass or go beyond it but this will take time.
the contribution of the global economy accurately.
Now, of course, it's worth the market, very good. But the contribution to the economy is still visible. Now, this is the movement, in the future, BTC will be a convenient and convenient means of communication.
Just calm down then make the correct statement.
It will be successful in the future is possible.

Dowrich80

newbie

Activity: 56

Merit: 0

The Bitcoin market is that which is slowly taking control over the world now it only has financial benefits to the world economy but also the treason for the integrating many countries and trade around the world, it has given a singular platform where nationalities to not play a role and a singular form of measurement,

Pemburu dollar

jr. member

Activity: 154

Merit: 1

I think why there are still many countries still banning bitcoin and recently many social media outlaw advertising crypto.
But It is obviously beneficial to me, bitcoin greatly contributes to the income of the country or the world for the better, because I believe poverty can be overcome at least.

Eros1on

member

Activity: 258

Merit: 10

The price of BTC is getting higher and higher, so the market value of BTC is getting higher and higher. In the past, the influence of BTC was very small. Undecided

Hatuferu

legendary

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https://trueflip.io/

Quote from: raahi on July 08, 2018, 05:43:41 PM

In just less than a decade, the evolution of the total cryptocurrency market which started off to blast with bitcoin has reached a total valuation of 300 billion of which bitcoin controls nearly half of it, also it is one of the top currencies to be used and the worlds and hence has great contributions.

Right.Bitcoin has brought to us great contributions like having paid our good services in bitcoin or getting a decent income through participating in signature or bounty campaigns.Through this way,jobless people may have all the opportunity to earn and meet their financial needs.So just imagine if all people will be into bitcoin,the world will be at least become progressive since poverty will be minimized through the help of bitcoin.

pitiflin

hero member

Activity: 980

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Quote from: jatin729 on March 24, 2018, 10:10:18 AM

Today i was just thinking about Bitcoin and its total contribution in world's economy. Let's calculate it.
Assume Bitcoin price - 8,925 USD
According to coinDesk Supply of total bitcoin yet = 16,937,088
Total value of bitcoin till now approx -$0.152 Trillion
According https://www.credit-suisse.com/corporate/en/research/research-institute/global-wealth-report.html
Total World income is 280 trillion USD
Total bitcoin contribution to world income 0.054%
Here i am just talked about One crypto asset Bitcoin but can you imagine others coin ETH, LTC, DASH etc.

I am really late into the discussion, and one thing you need to know is: Bitcoin is not considered as a currency anywhere, but an asset. Returns from assets are profits and losses and they are not counted as income. They are counted as capital gains. Which is why bitcoin's taxes are only filed on capital gains and is not part of the Income Tax. So the whole statistic cannot be counted as valid.

raahi

newbie

Activity: 224

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In just less than a decade, the evolution of the total cryptocurrency market which started off to blast with bitcoin has reached a total valuation of 300 billion of which bitcoin controls nearly half of it, also it is one of the top currencies to be used and the worlds and hence has great contributions.

carlisle1

hero member

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Campaign Management?"Hhampuz" is the Man

Quote from: Finestream on July 03, 2018, 10:41:59 AM

Quote from: fcf1081 on July 03, 2018, 09:01:55 AM

As per figure, it's hard to calculate the contribution of bitcoin in the world but as far as influence, power and economic support I believe bitcoin will bring so much contribution to it and will surpass or go even beyond it but this will take time.

I agree.If the government cannot afford to give jobs to those unemployed people,well bitcoin can do so much about it.I really believe if bitcoin will be given a chance by the state to make us feel and live with its potentials,then maybe the world's economy will no longer fail.Since poverty will obviously bring the world's economy down,then bitcoin can be a great help in minimizing poverty in the whole world.

And what should be the employment bitcoin can give?do you have any specific or particular job that can be offered by Bitcoin to them?remember this is a coin and not a employment company ,never consider a bounty hunting as a job because this is not regular or consistent ,and besides its th government obligation to give their people job and not this community's obligations

Finestream

hero member

Activity: 3052

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Quote from: fcf1081 on July 03, 2018, 09:01:55 AM

As per figure, it's hard to calculate the contribution of bitcoin in the world but as far as influence, power and economic support I believe bitcoin will bring so much contribution to it and will surpass or go even beyond it but this will take time.

I agree.If the government cannot afford to give jobs to those unemployed people,well bitcoin can do so much about it.I really believe if bitcoin will be given a chance by the state to make us feel and live with its potentials,then maybe the world's economy will no longer fail.Since poverty will obviously bring the world's economy down,then bitcoin can be a great help in minimizing poverty in the whole world.

Reagan_alvaro

newbie

Activity: 82

Merit: 0

Quote from: LooBaao on May 05, 2018, 09:50:59 PM

Yes. BTC is a savior to the whole world, which generates income, distributes income all over the world, not only in the country, but also to anyone in the world who is exposed to BTC and has Opportunity to own them.

I think when crypto achieve this section, we will be able to talk about the contribution of global economic correctly. now, of course, it has a value in the market, very good. but contributed to the economy is still to be seen. now, this is the movement, in the future, BTC will be able to walk with his own. I think we have to wait, since no movement like that. hour BTC be payment systems, now we will be able to talk about contribution to the world economy. I mean: now, you talking about the dollar and bitcoin, and of course, BTC has produced movement in the economy, but most interesting part should is how it can be a asset itself, how can be reached a point to be something that you use in everyday life you.

fcf1081

newbie

Activity: 182

Merit: 0

As per figure, it's hard to calculate the contribution of bitcoin in the world but as far as influence, power and economic support I believe bitcoin will bring so much contribution to it and will surpass or go even beyond it but this will take time.

Chachen19

newbie

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Through the economic crisis of the world we realize that the value of bitcoin gives us no change if I have a good business sense and my plan is that I can create Support by admin and management team

no0dlepunk

sr. member

Activity: 490

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Quote from: jrrsparkles on March 24, 2018, 11:30:20 AM

Quote from: jatin729 on March 24, 2018, 10:10:18 AM

Today i was just thinking about Bitcoin and its total contribution in world's economy. Let's calculate it.
Assume Bitcoin price - 8,925 USD
According to coinDesk Supply of total bitcoin yet = 16,937,088
Total value of bitcoin till now approx -$0.152 Trillion
According https://www.credit-suisse.com/corporate/en/research/research-institute/global-wealth-report.html
Total World income is 280 trillion USD
Total bitcoin contribution to world income 0.054%
Here i am just talked about One crypto asset Bitcoin but can you imagine others coin ETH, LTC, DASH etc.

Share your view on it.

Actually bitcoin didn't made any income to the world the value is transferring to one form as fiat to the crypto but the value is same but in future the value of 0.054% will change when the price increases.

...and I totally agree. look at it this way, when your job pays you bitcoin, you didn't really earn bitcoins but you earn fiat. Why? because for you - bitcoin is not really the money you spend with something you want or need.

Sooner or later, the thread's arguments will become true... but unfortunately, not today.

Bakemat

sr. member

Activity: 779

Merit: 250

Quote from: jatin729 on March 24, 2018, 10:10:18 AM

Today i was just thinking about Bitcoin and its total contribution in world's economy. Let's calculate it.
Assume Bitcoin price - 8,925 USD
According to coinDesk Supply of total bitcoin yet = 16,937,088
Total value of bitcoin till now approx -$0.152 Trillion
According https://www.credit-suisse.com/corporate/en/research/research-institute/global-wealth-report.html
Total World income is 280 trillion USD
Total bitcoin contribution to world income 0.054%
Here i am just talked about One crypto asset Bitcoin but can you imagine others coin ETH, LTC, DASH etc.

Share your view on it.

Yes it contribute to the worlds income in a good way because most of the people who are related to cryptocurrency is actually earning a huge amount of wealth due to the price of bitcoins that is increasing as the time goes by depending on the situation of the market.

Jamescur

newbie

Activity: 98

Merit: 0

BTC helps inflation to a certain extent!
Almost no other influence in other areas, BTC's economic volume compared with the world economy is still very small!
Some countries even prohibit BTC trades!

Clover_Faith

full member

Activity: 237

Merit: 100

Quote from: LeyAngelDevs on March 24, 2018, 11:14:09 AM

Quote from: jatin729 on March 24, 2018, 10:10:18 AM

Today i was just thinking about Bitcoin and its total contribution in world's economy. Let's calculate it.
Assume Bitcoin price - 8,925 USD
According to coinDesk Supply of total bitcoin yet = 16,937,088
Total value of bitcoin till now approx -$0.152 Trillion
According BBC news in 2017, Total world income is 70 Trillions
Total bitcoin contribution to world income 0.217%
Here i am just talked about One crypto asset Bitcoin but can you imagine others coin ETH, LTC, DASH etc.

Share your view on it.

and i am also thinking what will happen to its value if everybody finally knows it, maybe the money will change

As i can see bitcoin has a big contribution in our income because of using this we can earn bitcoin that we can use as money. Using bitcoin we are earning other currency.

boy130

sr. member

Activity: 616

Merit: 263

Currently bitcoin is having quite a small contribution to the worlds income, allowing people with regular incomes an opportunity to jump on board and make some money. As said 0.054% contribution to the world income is quite big and there are many other cryptos contributing. I think in order for Bitcoin to truly become mainstream it would need to account for at least 1% of the world total value, to compete with fiat currencies like the Krone.

Pinoyfan

member

Activity: 308

Merit: 10

Quote from: jatin729 on March 24, 2018, 10:10:18 AM

Today i was just thinking about Bitcoin and its total contribution in world's economy. Let's calculate it.
Assume Bitcoin price - 8,925 USD
According to coinDesk Supply of total bitcoin yet = 16,937,088
Total value of bitcoin till now approx -$0.152 Trillion
According https://www.credit-suisse.com/corporate/en/research/research-institute/global-wealth-report.html
Total World income is 280 trillion USD
Total bitcoin contribution to world income 0.054%
Here i am just talked about One crypto asset Bitcoin but can you imagine others coin ETH, LTC, DASH etc.

Share your view on it.

Maybe it's the market affect their money in your savings is to invest, right? I support cryptocurrency not capitalism. I believe the market will continue. The only one who has been running for those two decades so I read this way to have a good idea, right? Broken. I even the e. The real question

DMCR lah

newbie

Activity: 112

Merit: 0

I totally agree this.Now cryptocurrency is became one of the best asset and the top on the table of asset.They had certain percentage of contribution to World' income.If the people doing the crypto related business ,their economy is based on the cryptocurrency.

DMCR lah

newbie

Activity: 112

Merit: 0

I totally agree this.Now cryptocurrency is became one of the best asset and the top on the table of asset.They had certain percentage of contribution to World' income.If the people doing the crypto related business ,their economy is based on the cryptocurrency.

Topic: Bitcoin contribution to World' income - page 3. (Read 1381 times)