bitcoin in developing countries - page 13.

Okrah

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Quote from: cutikanzilong on April 26, 2018, 09:16:03 PM

at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?

I think bitcoin is very helpful to uplift the economic growth stability to those progressive country's. Who accept bitcoin as legal tender. Because people nowadays are very interested in new technology and bitcoin is one of this creation.

Norihiro

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I think that BTC can help a lot developing countries because this thing actually can act as the catalyst of countrys and economics development.

redsun114

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Quote from: hanters on July 02, 2018, 11:36:52 PM

not bitcoin will not cause inflation because bitcoin is the currency is deformed. proven in a country that legalizes bitcoin as a legitimate means of payment the country is getting ahead and its economy is also good not inflation. bitcoin is a decentralized currency that will not cause inflation.

Under developed countries are now inspired with other developing countries and are following the same as developed countries do which are better near economical conditions. Modern market of the Bitcoin has gained more popularity and spread all around the world and recently Germany also recognized the Bitcoin which is a better decision and good news for its people and for the Bitcoin.

Emitdama

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Quote from: reinielle26 on July 04, 2018, 10:08:38 AM

Well, I agree . Cryptocurrency is being introduced to the people. Although, there is an increase on the adaptation of people in crypto I believe there lots of negative reactions than the positive. People often hear crypto on the news and most of it are the negative outcomes like some investors were scammed etc. Maybe, thats the reason why there are lots of people who are aware of it but still doesnt want to invest or to adapt.

There are many countries which are thinking on different angles with negotiations and in constant talk with other countries where the Bitcoin has a proper system which is improving their countries economies so countries which are negotiating on it may adopt the Bitcoin in future upcoming says. These countries and many more countries are getting inspiration from other countries to see their progress with the crypto market.

btctalk123

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Quote from: gorbabtc on June 07, 2018, 10:02:30 PM

Unfortunately, in case of Television, the media channels are showing only negative things about crypto. This needs to be changed if we want crypto to be mass adopted.

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You're right social media and creating bad news about the crypto world. But the most effective method of popularity bitcoin is people. They can create some affect as radio and television, talking with each other about it.

BitcoinMarshal

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There is not good response in developing countries because most of them are trying to ban and very few are allowing and working on this which is good enough but in countries where system is not good and corruption is on full swing they are trying to ban because they don,t want to give more awareness for common peoples and this new technology as its bringing good for all

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Quote from: btctalk123 on July 09, 2018, 05:17:19 AM

I think that with the right approach bitcoin does not destroy the economy of the state, and even promotes its active development. Legislative regulation of the cryptocurrency will allow to ensure their stability and prosperity in the country.

Many countries are adopting Bitcoin as a form of payment in many services. This shows that the influence of Bitcoin and cryptocurrency is huge. Developing countries in Southeast Asia and Africa have a relatively well-developed and efficient cryptocurrency market.

Samohunk

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Quote from: cutikanzilong on April 26, 2018, 09:16:03 PM

at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?

Based on the law of economics. Cyptocurrency will not effect our trust to money. But it will decrease our trust to bank. That will make
a big effect to their business process.

lolehiM92

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Developing countries bitcoin will have the same potential and interest of bitcoin investors as the growing dragon in the developing economies we should invest in the crypto market.

setialovers

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Quote from: Bountyl on July 08, 2018, 03:12:17 AM

It is very interesting, which country will be the first to introduce bitcoin as a payment system. I think that this should be a country with very severe financial problems because, for example, Switzerland is very tied to the dollar and it is unclear if it introduces bitcoin as a payment system, it will be in the last place and with very high taxes.

Japan already use bitcoin as payment. Beside that germany is first country in europe that allowing bitcoin for payment. In developing country, bitcoin or cryptocurrency still not too popular for payment because government regulation and they dont have good internet infrastructure

GoodLuck2

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Quote from: btctalk123 on July 09, 2018, 05:17:19 AM

I think that with the right approach bitcoin does not destroy the economy of the state, and even promotes its active development. Legislative regulation of the cryptocurrency will allow to ensure their stability and prosperity in the country.

Now no doubt bitcoin is developing more and more, I am sure bitcoin is going to be legal all over the world now, so I am sure after few years will have the most invested and most liked currency by all those countries who has strong economical back ground, I think we should promote bitcoin in our state because it has a lot of benefits and it has all features to be circulate for better development even in the most developed countries.

btctalk123

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I think that with the right approach bitcoin does not destroy the economy of the state, and even promotes its active development. Legislative regulation of the cryptocurrency will allow to ensure their stability and prosperity in the country.

johnalyn

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I can say that our country is one of those developing country that are not working to bitcoin yet, maybe they now it but they don't act so rude in that place perhaps they are working on their jobs. And I think this is one of the alternative way of earning money while we don't have job here to prevent of losing our payments in anything that we need to pay.

Dancobit

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Seeing the harmful effects that caused some countries to prohibit the regulation. Some countries that prohibit the circulation of bitcoin is included in the category of developing countries. The main reason why developing countries prohibit the circulation of bitcoin because feared citizens who use bitcoin can not manage well so it becomes an opportunity for certain parties to commit crime.

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Quote from: syaripudin on July 08, 2018, 10:36:55 AM

for developing countries I think bitcoin will be one of the alternatives that can be rely on for economic growth this will make the people of developing countries can make new innovations that will create new businesses in the field of crypto.

but it can be done if the government with a country like that sometimes very considerate whether it will affect the good or bad, but from myself it is very good applied

syaripudin

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for developing countries I think bitcoin will be one of the alternatives that can be rely on for economic growth this will make the people of developing countries can make new innovations that will create new businesses in the field of crypto.

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Quote from: Epimetheus on April 27, 2018, 03:10:16 PM

Bitcoin has a good response in many country. Bitcoin will help those country to overcome their financial crisis and also help to built a strong economic in those countries. In central Africa country like Kenya, Zimbabwe etc taking the benefits from bitcoin through Bitpesa Wink

. This app help them in their transaction and in many other thing also. Bitcoin mainly reduce the unemployment issue in those country by providing job in their country people.Bitcoin also provide its mining help in those country to create their own Bitcoin. With the help of Bitcoin they can buy anything from Internet. Even those thing which are not sold in their country

Yes really bitcoin is very helpful for those of us who have insufficient economy with bitcoin can help the economy becomes better. And there are a lot of evidences that bitcoin helps a person's economy get better.
Bitcoin is also not too difficult to be a job, so bitcoin can reduce unemployment in this world.

Bountyl

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It is very interesting, which country will be the first to introduce bitcoin as a payment system. I think that this should be a country with very severe financial problems because, for example, Switzerland is very tied to the dollar and it is unclear if it introduces bitcoin as a payment system, it will be in the last place and with very high taxes.

jonaire99

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Quote from: sevenbits on July 06, 2018, 06:15:54 AM

Unfortunately, many governments hamper the development of crypto in their countries. The reason is most likely the fear of losing control over the money issue.

Some of these governments are already finding some solutions to their cryptocurrency problems by imposing a regulation through their exchanges. By this July, majority members of G20 are awaiting recommendations for cryptocurrency regulations from other members and it will be possible that this regulation will come effect this july or later.

josephyer

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In the current international situation, developing countries do not support the existence of BTC very much. They do not accept the new investment products of BTC, which may feel too risky.

Topic: bitcoin in developing countries - page 13. (Read 3369 times)