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Topic: bitcoin in developing countries - page 19. (Read 3369 times)

member
Activity: 199
Merit: 10
July 01, 2018, 05:12:11 PM
I think that Bitcoin is better because of the menthality of the west world people, and they are taught from childhood to invest and save some money!
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
July 01, 2018, 05:05:16 PM
I'm sure bitcoin does not disrupt the economic stability of a country, because so far I've only seen bitcoin has helped the economic growth of each of its societies in every country. That way bitcoin has a role also to the financial growth of a country, so there's nothing else need to worry about bitcoin.
sr. member
Activity: 668
Merit: 255
July 01, 2018, 04:56:01 PM
I don't think, that bitcoin or other cryptocurrencies will disrupt economic stability or there will be inflation due to bitcoin in a country, I believe that in our economy can be symbiosis fiat and cryptocurrency. And plus, I think, that cryptocurrencies developing countries. Just look,  how many new businesses were created in last year and how many old businesses started using 'blockchain" and with this, they increased their profits and improved the economic situation in the country.
sr. member
Activity: 556
Merit: 250
July 01, 2018, 04:07:40 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 believe yes. Bitcoin has always been the best asset for a country and it is really a big help for the economic growth of a certain country. If the government would just accept bitcoin as a currency, things would be lighter and easier when it comes to financial necessities.
hero member
Activity: 627
Merit: 500
July 01, 2018, 02:56:13 PM
It might possible that it disrupt the economy of any country.People can leave fiat and use bitcoin just to prevent taxes which can lead there country economy down.Seriously government need your money to develop country if they don't pay tax they don't develop any thing our government can become poor and it might possible that every country stop support us.So yes it can disrupt  the economy
full member
Activity: 566
Merit: 102
June 30, 2018, 06:06:51 AM
Bitcoin is used in more developed countries. Developing countries are technologically advanced and so they can easily understand which future will improve thire future. And everyone in the developing countries knows that their  future will be brighter with Bitcoin.
Some countries are opposing the Bitcoin and cryptocurrencies because they do not want to disrupt their banks and for the tax they are collecting. Developed countries are going well with the Bitcoin and have improved their economies due to which many other countries are thinking about its adoption and are realizing its need. Recently the German government also recognized the Bitcoin which is a good decision for the country and its people.
full member
Activity: 360
Merit: 100
June 30, 2018, 04:53:52 AM
Bitcoin has a great opportunity in business and economic sector. It creates a new era of virtual economy . But it is mostly using now on developed countries. Unfortunately developing countries are not using bitcoins as much using developed countries. Bitcoins can be a good way to overcome their financial crisis and also help to built a strong economic in those countries. If developing countries using bitcoin they can improve their condition
member
Activity: 299
Merit: 11
June 30, 2018, 04:27:19 AM
It's hard top say as I'm not a financial analyst. But I do think that the more money and more people who make them are, it will eventually create an inflation in a country. I guess that the current amount of people right now is about the max I want crypto to be known so that we can live peacefully with our wealth.
full member
Activity: 658
Merit: 103
June 30, 2018, 04:00:54 AM
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?
Most of the citizens in the first world countries are now using virtual currency normally in their daily lives. The reason why the bitcoin is so popular in the first world countries is because they have good education about virtual currencies.
newbie
Activity: 29
Merit: 0
June 30, 2018, 03:45:10 AM
with the development of technology. The boom of the tech era 4.0. Bitcoin is coming into life more and more practical. But it seems that many people are still afraid to invest in it
newbie
Activity: 238
Merit: 0
June 30, 2018, 03:21:37 AM
There may be a wide variety of Bitcoin in developed countries. Since Bitcoin is a better way, I think Bitcoin will have an impact on the development of a country.
newbie
Activity: 140
Merit: 0
June 30, 2018, 02:23:44 AM
it is true that bitcoin is getting more popular and growing through social media I think it does not interfere with a country's economy,it will provide jobs for the unemployed to supplement income and can for side jobs for those who have been working real.
newbie
Activity: 29
Merit: 0
June 30, 2018, 12:10:49 AM
Bitcoin is quite popular in Vietnam. Even people in rural areas know about it. It seems Bitcoin's popularity is expanding
newbie
Activity: 107
Merit: 0
June 29, 2018, 11:59:26 PM
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.

Yeah right, but I think this is not applicable to all jobless people as some of them really cannot provide devices of things that need to be able to access and use bitcoin also some of them cannot sustain their educations.
newbie
Activity: 33
Merit: 0
June 29, 2018, 11:59:01 PM
The popularity of Bitcon in my country Indonesia is rising, at least due to news coverage (both conventional and online) during Bitcoin's all time high in December 2017. The online search (googling) for "Bitcoin" at least as shown by Google Trends confirms this. While Government is not banning Bitcoin, they are warning investors to be carefull of possible fraud and scam using Bitcoin as their scheme. It is also easy to buy Bitcoin here, as there are some crypto exchanges that accept fiat. The biggest exchange claimed to have more numbers of active traders than the number of traders in the stock exchange. At present, Bitcoin is not legal tender here.
newbie
Activity: 140
Merit: 0
June 29, 2018, 10:28:14 PM
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.
hero member
Activity: 882
Merit: 500
June 29, 2018, 09:16:04 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?
In my opinion bitcoin will give better impact over the progress of developing countries , because here clearly the countries which are not developed yet and are on the way of progress can make flow of the money in Thier own country by using mind and also can make lots of earnings .
And also with that here much probability is that many people will think to start new new business with bitcoin and probably they can expand Thier existing services in another countries .
So clearly here bitcoin will give positive impact over the developing countries .
Here even in my developing life I found that bitcoin gaves much earnings and also much opportunity to make bulk profit by the start my own new business at worldwide level ( because I can accept payment from any part of the world ) .
But here a big factor that I think will be important is that what the steps will be taken by the government of those developing countries .
legendary
Activity: 1120
Merit: 1000
June 29, 2018, 07:48:30 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.




I think developing countries have the idea that decentralization can affect the average growth of the country and may make it decline. They will not experiment, but have an understanding of the rumors spread by the media and other sources. This will change when one of the countries with bitcoin adoption makes a big change in their growth percentage.
Developing countries are very scared compared to other countries, because of the decentralization system.

Actually their people are getting a good profit from it, because of the people in developing countries are jobless but they have the ability to make a good money if they find any opportunity, and that is the reason that most of the middle class people are making good money from bitcoin, it has in fact changed their life too much.
member
Activity: 350
Merit: 10
June 29, 2018, 07:05:14 PM
Most of the citizens in the developing countries are now aware to what is bitcoin. They know the opportunity that they can get from making investment with bitcoins. I am sure that many more people will become interested to enter in the cryptocurrency market.
Not really, the awareness of bitcoin in those countries is still very low and those that know that bitcoin exists do not really have the money to invest in it, I do not like it but that is the reality, most of the biggest investors in bitcoin and cryptocurrencies in general are those that come from countries that are well developed and that have a great standard of life already.
newbie
Activity: 55
Merit: 0
June 29, 2018, 06:59:09 AM
The name of bitcoin is glorious name of technology world . Day by day the popularity of this coin increasing at increasing rate .A country will develop when general people can directly influence the country's economy.

I think bitcoin is a coin through general people directly contribute the economy .A person can easily invest ,hold and transfer without any hesitation. So I hope if government receive it as a legal coin ,it will contribute the developing of a country .
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