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Topic: bitcoin in developing countries - page 20. (Read 3369 times)

jr. member
Activity: 188
Merit: 2
Brings You A Time Trading Social Community Platfor
June 29, 2018, 06:33:35 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?

Bitcoin doesn't disrupt the economic stability but instead it helps increase the economic growth. Why? Because it provides income to the people, parents can finance there children's education and many more. That is why bitcoin is good for the economy.

I Agree,adaption of bitcoin in the country is a big help to improve the economy because it helps specially people who are not employed to earn money to provide their daily expenses so if everyone will earn our country economy will increase.
newbie
Activity: 112
Merit: 0
June 29, 2018, 04:04:38 AM
A number of developing countries are also accepting BTCs. I think in the future, electronic money will be widely accepted and the world will choose a penny for the whole of the economy.
full member
Activity: 274
Merit: 100
June 29, 2018, 03:33:38 AM
We could anticipate that, events in developing countries bitcoin would be much more evaluated and embraced, then in poor countries. However in poor countries bitcoin is much more needed, in order to help their economy.
full member
Activity: 926
Merit: 100
June 28, 2018, 10:19:09 PM
some bitcoin development in the country is very much even almost all countries that have technology and already familiar with computer technology must have known bitcoin technology so spread of bitcoin is very wide.
newbie
Activity: 103
Merit: 0
June 28, 2018, 12:08:02 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.
newbie
Activity: 182
Merit: 0
June 28, 2018, 11:49:15 AM
Bitcoin in developing countries are robust in growth and banks are user-friendly and even banks are framing crypto asset products and public awareness is positive and many atms available




I think People get from them and that is why they become a source of income that suits them. It ultimately inputs a good comment in the country's economic status.
Who says it's the cause of inflation? There are no brothers. You are right that with bitcoin, countries are getting a good development in economic growth. Although not much bigger but still they get everything easily.
newbie
Activity: 14
Merit: 0
June 28, 2018, 11:37:14 AM

The developing BTC is always present and growing. Because the world is more advanced, countries with economies of scale are pulling money around. death Grin Grin Grin Grin Grin Grin Grin
full member
Activity: 588
Merit: 100
June 28, 2018, 10:14:18 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?
Well, ten it could be that people have seen the good aspects of Bitcoin and have decided to join in this awesome technology. I think it's even good for people in developing countries to learn about Bitcoins and crypto
jr. member
Activity: 251
Merit: 3
Globe-dex.com
June 28, 2018, 09:50:12 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?

Yes it is very good news if lots of developing countries are trying to recognize it because BiTcoin is really one of the greatest trends today..  It will not only helps country to develop their economy but also it helps everyone to become financially stable.  Bitcoin could really change life...  And we are all hoping that soon lots of country will recognize its uses and importance...
full member
Activity: 392
Merit: 100
June 28, 2018, 07:44:05 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?

In my own opinion, bitcoins do really have the chance to improve the worlds economy because people are interested on investing in cryptocurrency, it gives people the financial freedom that they want if they will just work on bounty campaigns.

however it all depends on the adoption of bitcoin in each country and succeeds in understanding it by looking at the advantages and disadvantages. It would not be a problem if indeed the government could to learn it and deepening everything in it, if indeed all countries really intended to accept bitcoin... of course there would be a lot of effort to support it so that it could advance the economy on each country.
member
Activity: 770
Merit: 12
Trphy.io
June 28, 2018, 07:31:14 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?

I think not. Bitcoin indeed has the capability to give more income and could give profit to its investor but I does not say that bitcoin could really cause inflation since we all know that not everytime bitcoin could give such profit.
as in my country, the government does ban bitcoin for transactions, but does not prohibit to invest. because the government is afraid of a bubble, but i think it happens because the government has no policy to regulate it
newbie
Activity: 167
Merit: 0
June 28, 2018, 05:53:12 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?

I think not. Bitcoin indeed has the capability to give more income and could give profit to its investor but I does not say that bitcoin could really cause inflation since we all know that not everytime bitcoin could give such profit.
member
Activity: 357
Merit: 12
June 28, 2018, 05:39:56 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?


It is truly a fact that bitcoin is popular nowadays. It is becoming more and more widespread and interest people around the world. The opinion of mine regarding the bitcoin disrupted the economic stability is not related at all. I mean most of the businesses are still not accepting bitcoin as payment. It is not a fiat that is tangible. I think bitcoin in the developing countries is much better and stable use unlike the other.
newbie
Activity: 191
Merit: 0
June 28, 2018, 04:51:16 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?


Bitcoin is additional wealth for the people this is not bother fro anything this is not disrupting the stability of Economy in every country because bitcoin is not involve of real goods and real stock and nothing inserted between the real currency to the cause of inflation, inflation of the real goods is because of high value of importation that dollar currency is actually the main source of inflammation of price,
jr. member
Activity: 210
Merit: 1
June 28, 2018, 04:45:57 AM
in my opinion No other currency has developments in such a short time as bitcoin, using bitcoin as payment is illegal and they are too worried that bitcoin will disrupt economic stability in our country whereas before people in my country know bitcoin, the economy in the country I am not good and continue to deteriorate in a few years, so I think bitcoin does not adversely affect the economy of a country.
newbie
Activity: 156
Merit: 0
June 28, 2018, 04:22:55 AM
Bitcoin is a new form of economy connected with the modern technology which has the specific  features so its popularity has wide spread all over the world  especially in the developing countries the educated mass mostly involved to handle bitcoin to their daily requirements.Mean time in the developed countries most of the people are  dealing with the bitcoin Bitcoin is attractive to the business and the investing people who are making money through the market speculation.
full member
Activity: 448
Merit: 100
LETS GO ADAB
June 28, 2018, 03:26:01 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?

In my own opinion, bitcoins do really have the chance to improve the worlds economy because people are interested on investing in cryptocurrency, it gives people the financial freedom that they want if they will just work on bounty campaigns.
full member
Activity: 397
Merit: 100
June 28, 2018, 01:37:57 AM
Nope the government wants only the welfare of its constituents and the possible shortcomings like to be used as a transactions to any illegal activities. Government nowadays are just doing their job like here in the Philippines the government effort takes place to neutralize the possiblities that cryptocurrency will be use in illegal activities so local exchange which is coins.ph was given a license to operate in return this exchanges should do KYC to establish a report on those people that are having huge transactions on it. ICO projects also should be registered to avoid scamming people in the process of collecting crowd's fund.
That is a reality but how can you actually use the technology if it is banned in your country and you can be charged for making an account. As long as the government does not legalize the Bitcoin in my country, I will be unable to use and invest in it with a free heart and I will be unable to use it as a medium of exchange which is one of the best features of Bitcoin.
full member
Activity: 350
Merit: 111
June 27, 2018, 04:33:48 PM
Big bright and clear possibility that bitcoin potential to change the economic status of one country from hopeless torrichness. Bitcoin can bring the people another good chance when the citizens in one country welcome bitcoin in their society. Bitcoin will give the majority hope than destruction.
full member
Activity: 1048
Merit: 101
June 27, 2018, 03:49:19 PM
As I know from some articles, that bitcoin has not significantly affected the economic changes in a country, bitcoin has been participating in economic change but as we know at the G20 meeting that little talk about the current cryptocurrency is said to have not affected.
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