bitcoin in developing countries - page 25.

jovs

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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?

There are a lot more to blame if we talk about economic disruption and high inflation rate. Clearly, bitcoin is not one of them. Bitcoin is a potential investment that may even be a solution to a struggling economy of developing countries. The use and spread of bitcoin to a certain country will just add up marketing space and trading option for individuals and also for small and big players in the market industries.

SkustaClee

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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?

Did you know that most of the first world countries are now legalized and accepted bitcoin as money? There are now many people in different countries who keep using and buying bitcoins because of its importance in our economy.

btcjocan

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Quote from: Ludji on June 20, 2018, 08:19:40 AM

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?

Bitcoin definitely isn't disrupting economic stability, but it is taking away tax money from governments that haven't taxed it yet. I don't see inflation happening in a country as long as we still need fiat currencies. Inflation mainly happens by reckless printing of money. Too much money supply=money has lower value=inflation.

Your right bitcoin taking away the tax money from government. Bitcoin help to develop countries and to grow fast our economy. Bitcoin helps to minimize financial problem, and also minimize unemployed people.

Ludji

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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?

Bitcoin definitely isn't disrupting economic stability, but it is taking away tax money from governments that haven't taxed it yet. I don't see inflation happening in a country as long as we still need fiat currencies. Inflation mainly happens by reckless printing of money. Too much money supply=money has lower value=inflation.

davinchi

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Quote from: crazyavdik on June 18, 2018, 12:18:45 PM

I don't think economy is really the first concern of the government, I believe government is worried about losing control of currency and only Bitcoin poses a major threat to that. I foresee countries developing their own digital currency in the future.

This is just because so many developing countries and many across Middle East have banned Bitcoin and that is the only reason among few others that do not allow Bitcoin to grow.

Also there are so many people who fear to invest in the currency because of uncertainty in the market as a result of which the growth of the technology has stopped. But the technology has amazing power to change the world and it should be legalized and facilitated.

RasicaOla12

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The bitcoion is as new as a young adult to assert its place with everyone, predicting that bitcoins will become stronger in developing countries and bitcoin will help ecomony for your country have ico quality

btctalk123

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I think that government and mass media, television are having a great affect on humans beliefs about bitcoin, so they handle big power to use it for good, or for bad.

meatballsset

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Most people do not have the necessary knowledge when it is better to buy a bitcoin and when to sell. Therefore, very few people will earn a substantial amount money.

alibaba93

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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?

You can see that bitcoin is hot topic and is being developed by many countries, bitcoin prices are constantly decreasing, making investors around the world more worried, although we are Can not negate the benefits that bitcoin brings. But it's hard to know where bitcoin prices will go. Crypto market is in a bear market in long term, bitcoin prices may continue to fall sharply.

crazyavdik

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I don't think economy is really the first concern of the government, I believe government is worried about losing control of currency and only Bitcoin poses a major threat to that. I foresee countries developing their own digital currency in the future.

coingrowth

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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

bealjulian

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People can do all the transactions from their device and the other people can receive the coins into their wallet. No need to wait two or three days or you don't have to pay high taxes. Bitcoin is now known throughout the world, bitcoin is now spreading the news of this bitcoin in newspapers, TV news, and other media, people want to know about it

rose8963

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Quote from: DisWhale on May 10, 2018, 07:06:48 PM

Quote

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 rather improves the economy of a country if only the governments and the people really understand the idea behind it. Bitcoin offers financial freedom to all and with countries which will employ the idea of Bitcoin, the government will only get to boosts its income rather than relying solely on the collected tax to build the country.

Nope, I think bitcoin can disrupt the economy and cause inflation in a country. Probably because the bitcoin price is too high but the physical and the shape does not exist. Until that will make it difficult for the government to audit. Of course it can but only because people are trying to stop it. Bitcoin has a unique system and much more worthy than any banks around the world

gerald246kru

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Quote from: Sakash on May 27, 2018, 09:41:25 AM

I think bitcoin is very important for the developing country, because you can earn money from bitcoin and show the country's financial condition. Which is very meaningful for developing countries.

While developing countries would definitely benefit if they used bitcoin, it is very easy to see that is going to take a lot of time for that to happen, if you take a look at any other technology you will see that the rich countries are the ones that adopt new technologies first. Some governments in other countries are treating btc as danger to their economy but in reality it is not

ordeath

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In my area TV and Internet is full of crypto related things and advertisements, but for some reason government keeps being negative towards it, and it affects people to think, that BTC is something evil.

sergiom

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In developing coutries the menthality of people is completely different, they know from the childhood, that they can invest in order to have some profits, that`s why bitcoin is more likely accepted there.

Coinredd

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Bitcoin in developing countries is robust and fastly adapting to mainstream financial market and number of atms is the main reason for bitcoin growth in major developing countries

Shanmatthew

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Quote from: nsasuiteb on April 27, 2018, 04:47:53 PM

I think bitcoin will not distrupt economies because that transition from fiat money to crypto will not be so fast and also while this transition will be happening, there will be transition among institutions as well.

Maybe you're right in you're country,but the other country is against of bitcoin currency in their economy.many investor and business will bankrupt if that government is no response for this btc transaction specially for taxes.well,also in my country bitcoin is not totally accepted. But they have no control to each person that want to get rich soon.

fcf1081

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Any developing country would want to try anything that will help them become successful as they want to be, and so bitcoin is not foreign to them they will examine it and know everything that will contribute to their growth, only those who dare and try to take risk can accept bitcoin to be part of their developing country.

t2yax

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Arianee:Smart-link Connecting Owners,Assets,Brands

As we can see, development of bitcoin is too fast, we cannot see how the technology and innovations are at far, but we can feel how bitcoin and cryptocurrency becoming popular every now and then. We see how every and each country relying now on bitcoin. We see how fast the innovations and blockchain technology developing fast.

Topic: bitcoin in developing countries - page 25. (Read 3369 times)