Topic: bitcoin in developing countries - page 16. (Read 3369 times)
It is time for developing countries to complete with developed countries.It is occasion to make money by showing interest in crypto.So government should accept new block chain technology for making there system more secure and dibuat.
In developed countries, we can see the big profit of Bitcoin. Because government accepts using it, and everyone can invest and earn. You always can buy something using Bitcoin, it is real future for next few years for the whole world.
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?
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 bitcoins play a key and important role in the further development of rising countries. I say that because more and more people are becoming very interested and is starting to give bitcoins and the cryptocurrency market more attention, which transcends to more transactions, and ultimately, more value. That attention helps it as a legitimate and fast-growing market that has the ability to give a big revenue to market systems both locally and globally. Therefore, it helps many countries, especially ones with active participation to boost their economies even more.
Yes, Bitcoin will bring lots of opportunities in the future and have lots of contributes in some different ways, and developing countries would be the one that bitcoin will contribute and I'm looking forward for this.
Inflation in the countries will not. All paper and digital money will replace crypto-currencies, bitcoin will be the modern gold standard for the crypto-world
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 it could happen. Because the money earned from the Crypto market is quite easy and it is easy to lose a lot of money. So the volatility will increase the inflation. But I hope the situation will not be too bad. Everything is in control. 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?
Bitcoin is still in initial phase of adoption and mainly popular in pockets of developed world due to its trade and pricing, In developing countries bitcoin is still new and not so much used or traded, due to high price and difficulties in trading or lack of trusted platforms for trade and utilization.
And we are one of them. Bitcoin is somehow become popular in people who wants something new in the world.of investments. But as you can see, it not really affecting the economy due maybe because only majority of the people who involves theirselves in bitcoin is those who have money. Most of the developing countries are more into physical work rather that teaching us on investments (which is not a priority among us)
Bitcoin in developing countries is of great help ,because bitcoin truly can help a little not fully the economy of certain countries ,because the jobless people can join in bitcoin and work and may provide them with payments ,so they will have an income which it can sustain their daily needs.
Of course it can. If we look at the Slow growth model for the output in the economy, if all the factors of the productions are fully employed, the technology is the only factor that can possibly rise the output of the economy like we had witnessed in the 1990s in American economy where the technological innovation sharply increased the output level of the economy. So it is worth recognizing.
Not by any means. First of all, if bitcoin overcompensates anything later on then I am almost certain that it will get prohibited totally from the substance of the earth. The reality of getting fiat supplanted with the digital money has long gone now in light of the fact that bitcoin is developing with extraordinary speed and that isn't being enjoyed by the administration itself. I am almost certain on the way that bitcoin will never under any circumstance convey the swelling to the national economy. Rather it could empty thinking about its exceptionally decentralized nature. It will require them such a great amount of investment to adjust.
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?
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?
The only important thing is that the governments in developing countries don't want Bitcoin in their economy. They don't want something they can't control.
They will stick to the Fiat currency system because they wan't to control the money supply, the wealth distribution, and as it stands they are set to keep the countries developing, and never developed. This keeps the majority of the citizens poor and easy to manipulate by the politic elites.
Yes,it will better for developing country to become established in technically and technology.Technology can change a country and we all know about this.The current world is also technology based system where we can find many things in technically.By the way,developing country can be developed by accepting Bitcoin and open technology based ICO.
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?
Well, it has no direct impact I guess because it will just simply lessen the unemployment rate of that country that could might have an impact on the economy status of particular country. Besides, if it will be introduced world wide not only in one country the demand will goes up because some investors will tend to invest in this thing then this will attract more businessmen to have an affair with regards to bitcoin transaction. 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?
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.
Bitcoin is inflationary and there is no doubt about it but it can't disrupt the economy of any country because size of the economy of any country is much larger than the marketcap of Bitcoin. But it sure can make some movement in there.
I will be trying to teach my children to have a mentality of investor, rather than having a mentality of just good employee which is familiar in my country. 
You will not hear a lot of positive news about Bitcoin over the media, both print and broadcast. We all know that these industries are more or less in the hands of the powerful elite in the governments or from the banking sector. Perhaps the only media where you can hear unbiased assessments and reviews of the viability of bitcoin and its future is the social media. Well, in terms of economy, Bitcoin will hardly intrude the movements of the entire national economy.
Bitcoin in developing countries is of great help ,because bitcoin truly can help a little not fully the economy of certain countries ,because the jobless people can join in bitcoin and work and may provide them with payments ,so they will have an income which it can sustain their daily needs.
Like many developed countries Germany also recognized the Bitcoin which is a good decision for the country and people. They realized that cryptocurrencies help us in many ways and finally after negotiations they realized to recognize the Bitcoin for the first time in country. This happened due to the other countries which showed progress with the Bitcoin which is encouragement for other countries.
Bitcoin will help these countries to overcome their financial crisis and also help build a strong economy in those countries. In Central African countries such as Kenya, Zimbabwe etc. benefit from bitcoin through Bitpesa Wink, in a developing country like Africa, bitcoin is usually sold at a much higher price than usual. The reason is that electronic payments in those countries are exorbitant taxes, fees, and fees. This is a more deregulated method of electronic payments such as bitcoins in high cost demands and costs more quickly.
when/if the crypto market accrues $1 trillion in value, the effects of any disruption in Bitcoin’s value won’t be restricted to the crypto market. Instead, it would affect the buyers and lenders of Bitcoin as well as the markets, businesses, and exchanges that deal in Bitcoin. As a result, the whole world might be affected. This, in turn, could lead to a disrupt economic stability if the people dealing in Bitcoin aren’t careful.
In this case, the government will probably tax you through bitcoin. For instance, in japan you already can pay bills and federal taxes using bitcoins.
The only way the developing countries can compete and become develop, if they adopt the bitcoin technology. Many developed countries are opposing the bitcoins due to whatever reason, but the fact is that bitcoin is the future. So if they adopt it early, it can really be beneficial for them. Jump to: