Topic: Bitcoin contribution to World' income - page 4. (Read 1379 times)
Bitcoin also contributes a small part to the economic development thanks to the ico programs that have brought them into the company to make it possible for companies to have quick capital to engage in business.
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.
Cause we should do the market affect the right to invest in cryptocurrency that they are respectable with a great mind. The only one who depend and I support that bitcoin will fall in the right now is not a good thing that the market will continue in science and it was going through a new cryptocurrency 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.
The World Bank is not benefiting from bitcoin or bitcoin can not contribute to the World Bank. If you want to compare bitcoin with. Then you can climb with the USA dollar. Because Bitcoin's transaction is in dollar.
I always said that in wise and fresh hands bitcoin and blockchain technology can be came and really positive and useful stuff, if you will handle it carefully and properly you will become more successful.
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.
Isn't that much as of today since isn't totally accepted in the community but once establishments commit it's acceptance into crypto, definitely it will give a huge impact into our financial stability. We shall take sometime as crypto will give as a way for better and enhance our capabilities. 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.
Bitcoin contributing to the world income is not that big. But, with its massive potential bitcoin will surely contribute to the economy of the world income large scale. Even now it has been listed among the top six most used currencies of the world in terms of market circulation.
It can not be like that in the bitcoin world can not be equated with state assets. Bitcoin is just a tool for sale. Anyone can get bitcoin and its own economic needs. Somehow it can be talked about like that
Since BTC's appearance, they have generated a lot of income for many, and many have also become millionaires at an early age, perhaps because of this information that some people enter the Crypto market as a child. ephemera.
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.
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.
I am afraid you don´t have a clear understanding of what is a contribution to the economy. Try to understand what is GDP first.
the world can feel the benefits of bitcoin when taxes have come into effect on every bitcoin or other crypto transaction. or at least 1% of the ownership of the user is donated to the donation to the country in need.
in this world earn from bitcoin by trading,Mining.They also contribute to With,litecoin and other crypto currency.In crypto news,I come to know .Many of people getting their monthly income from bitcoin.
Bitcoin is a big source of income and there is no doubt in this thing. Bitcoin is the one which is the oldest crypto currency and people have changed their lives completely with the help of investing into bitcoin. Bitcoin is relief for so many people who were previously living a life of poverty and now they are having their own houses, cars and so on. Bitcoin is a life savior for so many people who were poor before it.
Actually, this share looks very small to me and there is much more scope for growth. It's share should be more than 25% in next 10 years.
Cryptocurrency market cap still undervalue compare other financial market. Like forex market, daily circulation in forex market is more than 6trillion dollar per days. Dow Jones market cap more than 20trillions dollar and i think cryptocurrency will growing more in the future if government issuing regulation on cryptomarket
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.If they pay tax for their income on crypto,it impact the world economy.
The best thing about cryptocurrency is the price that keeps on growing as the time goes by, that is the reason why bitcoins is very profitable, government can also use cryptocurrency to improve their own country just like japan today, if everyone country will just have the same idea then every community will be very wealthy.
World Bank Bitcoin of the contribution of comprehensive. World Bank a international organization of the main purpose of the loan with the help. An international financial support agency developing countries, the development of activities for loan and grant provide. The world Bank formal the goal of the global poverty reduction. Around the world 189 member state consists of an international organization. Of the headquarters in Washington, D.C.on is located. And forum staff as if that salary is found in the coins in into. The coins are sold plenty money is available. The Bitcoin world Bank, the main contribution to play.
in this world earn from bitcoin by trading,Mining.They also contribute to With,litecoin and other crypto currency.In crypto news,I come to know .Many of people getting their monthly income from bitcoin.
I agree with this.bitcoin contribution world income.it helps people so much.also its so much profitable for world economy.when most of the countries legalized bitcoin,this time bitcoin can contribution strongly in world income and influence to world income very much.
I have been one of the living proof that bitcoin contributes to the world income. Before bitcoin i had a very stressful life my family manage a small amount of income and wven the health are at stake just to eat 3x a day. With bitcoin i can help other members of the family.
Bitcoin will be the driving force behind the growth of the world's third-largest economy, in addition to the bitcoin's economic benefits, which also change backward views on monetary definition, full of oppression.
Only if they fully accept bitcoin but I think no countries yet sees bitcoin to boost their economy since most of them are afraid to adopt the whole system. Bitcoin contribute income only because of the users of cryptocurrency who earned so much with bitcoi and spend it so government will taste the profit in cryptoworld. Bitcoin will help third world country and I hope they are ready to use the system.
Should any one exclude bitcoin in the list of factors that drives world economic growth, it means that the person is bias, parochial and fickle minded in his thinking and analysis, bitcoin remains an indispensable factor in the list of forces that drives world income.
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.If they pay tax for their income on crypto,it impact the world economy.
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