bitcoin in developing countries - page 29.

intoy_victor

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Quote from: cutikanzilong on April 26, 2018, 08:16:03 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?

However people are just a helter - skelter, if they here that there are investment site of bitcoin and 5% income every month they grab it without knowing if therr money is safe to invest and it is trusted sites to invest.

I wouldn't suggest anyone to invest some site because I don't want to be blame and if they lose their fund it is my concern.

Visbay

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Quote from: Lehbane on June 06, 2018, 07:22:47 AM

Quote from: Elrozaq on April 27, 2018, 06:10:14 PM

Quote from: cutikanzilong on April 26, 2018, 08:16:03 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?

if the people in developing countries have much money and try to invest the bitcoin, I think it can help them to get alot benefit. it is my opinion.

You could say that but aside from money if one country put enough effort like regulations to help all investors and traders all over their country then it is a good point for them to earn on crypto and not just focusing on Bitcoin, we have ETH and other top coins to have...

You are right bitcoin is best currency which is now being accepted by almost all well developed countries as we can see bitcoin is worth investment so they are investing and they are making high amount of money with, now Philippines and Japan are taking bitcoin as an investment for the betterment of their economy and their life style, bitcoin helps many countries to get rich and takes part in development of economy which is the reason why almost all developed and under developing countries are accepting bitcoin.

Cryptoproff

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I think this is a good idea because the state wants to develop bitcoin, I'm sure that bitcoin is hard to stop so the step to legalize and develop bitcoin is something to do so it's not left in the future.

Mr.John19

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Nine years stretch of the presence of the bitcoin their still nation doesn’t recognize and nearly of the general population still, don't have a thought on it. Rather than the maintaining a strategic distance from or boycott regarding the bitcoin. Assist them in recognizing the bitcoin to other individuals. If you have related family on the Senate in your nation disclose to them this can huge help to build up the economy of your nation. Acknowledge the bitcoin as another innovation that can assist each existence with elevating. I am certain if the eventual of Bitcoin will additionally demonstrate its reality.

localcrypto

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Bitcoin is developing fast in many country they have more flexible options like bank withdrawals and ATMS and accepted in merchants

Janation

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Quote from: Clover_Faith on June 07, 2018, 06:23:00 AM

Quote from: cutikanzilong on April 26, 2018, 08:16:03 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 is a possible the bitcoin can developed our country but i thinl not fully supported because i think bitcoin is not enough to support the country as a whole, so maybe little by little.

Just how can this crypto currency develop a country? Are you misunderstanding the pitched topic by the OP? Bitcoin will be a good crypto currency if it is developed continually by the developers. Not only will be the transaction time will be reduced but I think in the future with a lot of users than today, there will be a huge development though it still won't help develop a country.

Clover_Faith

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Quote from: cutikanzilong on April 26, 2018, 08:16:03 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 is a possible the bitcoin can developed our country but i thinl not fully supported because i think bitcoin is not enough to support the country as a whole, so maybe little by little.

Bellator

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Quote from: cutikanzilong on April 26, 2018, 08:16:03 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?

Bitcoins presence in the developing countries could help its people to improve their lifestyle.If those people doesn't have the capacity to own a business then knowing bitcoin could really help it if they will put hard work on it because being deligent could change someones life,they can be victorious in anyways.It probably helps to developing countries when people make ways also to develop themselves first,things will follow where inflation of businesses happens that was good for the economy of a country.

bowals

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i hardly think so because the developing economy dont even have "time" for bitcoin and co. There are so many issues they are dealing with. Most havent even caaught up to developed countries in terms of monetary policies and stability, to include blockchain technology? its like explaining the concept of blockchain to a toddler.

Smack 1

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Quote from: Sled on June 06, 2018, 07:54:54 AM

Quote from: Rosilito on June 06, 2018, 07:13:04 AM

Quote from: cutikanzilong on April 26, 2018, 08:16:03 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?

Well, it might somehow since bitcoin is money it would have indirectly affect the financial stuffs of the countries especially the bank companies or what so ever. On the other hand, bitcoin could lessen the amount of poor people in the country since bitcoin could provide a home employment therefore, it could provide own wages since bitcoin is for everyone thus it might end up for the result of decreasing the amount of poor people in the country.

It will be hard for bitcoin to lessen the poor people in a country because if the poor people can't afford an internet and at least a decent computer then it will be impossible for them to work or get into the cryptocurrency world that might become the answer for them to create a path for them to improve their life. So i think that it is still depend on the capability of the people in a country if they can go into bitcoin.

it is very difficult for the poor to understand bitcoin because they need internet and computers. but if the government of the country legalizes bitcoin and makes bitcoin work. this will greatly help the poor to get jobs and create new vacancies for the poor and unemployed in the country.

Sled

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Quote from: Rosilito on June 06, 2018, 07:13:04 AM

Quote from: cutikanzilong on April 26, 2018, 08:16:03 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?

Well, it might somehow since bitcoin is money it would have indirectly affect the financial stuffs of the countries especially the bank companies or what so ever. On the other hand, bitcoin could lessen the amount of poor people in the country since bitcoin could provide a home employment therefore, it could provide own wages since bitcoin is for everyone thus it might end up for the result of decreasing the amount of poor people in the country.

It will be hard for bitcoin to lessen the poor people in a country because if the poor people can't afford an internet and at least a decent computer then it will be impossible for them to work or get into the cryptocurrency world that might become the answer for them to create a path for them to improve their life. So i think that it is still depend on the capability of the people in a country if they can go into bitcoin.

JacobPeterzAnne

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The fiat system is the one causing the inflation’s all the time and manipulates.

Lehbane

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Quote from: Elrozaq on April 27, 2018, 06:10:14 PM

Quote from: cutikanzilong on April 26, 2018, 08:16:03 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?

if the people in developing countries have much money and try to invest the bitcoin, I think it can help them to get alot benefit. it is my opinion.

You could say that but aside from money if one country put enough effort like regulations to help all investors and traders all over their country then it is a good point for them to earn on crypto and not just focusing on Bitcoin, we have ETH and other top coins to have...

Rosilito

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Wish for the rain? Then deal with the mud too.

Quote from: cutikanzilong on April 26, 2018, 08:16:03 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?

Well, it might somehow since bitcoin is money it would have indirectly affect the financial stuffs of the countries especially the bank companies or what so ever. On the other hand, bitcoin could lessen the amount of poor people in the country since bitcoin could provide a home employment therefore, it could provide own wages since bitcoin is for everyone thus it might end up for the result of decreasing the amount of poor people in the country.

ronafurw

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Quote from: cutikanzilong on April 26, 2018, 08:16:03 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 is already popular in most developing countries. I know a lot of people that lives in developing countries and they all knows about Cryptocurrencies and are also making use of it. The good part is that most of them don’t even have any problem, and most of their governments are not against Bitcoin, rather they accept it with open hands. So Bitcoin is moving pretty fine in developed countries.

Saiful Islam777

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Of course I think Bitcoin will play a lot role in the development of a country. Because Bitcoin operates their activities in development schools in different countries. In that case, the medium of problem is created and transactions are done.

redsun114

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Quote from: btctalk123 on June 04, 2018, 01:15:38 AM

In my country people and even government is understanding that bitcoin can be highly positive and useful for the economy and wealth

Then I am damn sure that your country is going to on the peaks very soon because in coming time, the whole world will be surrounded with BTCs and at that time, the countries that have accepted BTCs and have started using the in their needs, they would be much more relaxed and stress less because they will easily avail the opportunities that will be related to BTCs.

bitcoinisbest

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Quote from: btctalk123 on June 05, 2018, 01:07:58 AM

I will say that it takes that solid wisdom and futuristic sight to accept and promote bitcoin in your country if you ask taht.

Government will their benefits and how much harm it can be done as this can be misused as well. SO no government would like that if they cannot curb it this can effect the economy or the people in their country and due to which they do not allow or may ban in developing countries if they fail to curb the misuse.

Osarman

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Quote from: thegreatdodoy on June 03, 2018, 05:38:02 PM

Quote from: Maame Esi Sergio on June 03, 2018, 05:20:26 PM

Exactly, news about bitcoin really spreads faster than anything in the business news. Many people are gradually becoming aware of the potentials of bitcoin and would like to engage in bitcoin matters. In the developing countries, standard of living and unemployment rate are very high and so many devote their time to learn and engage in matters of blockchain technology to earn a living.

bitcoin is really better when investing to developing due to its digital technology that help boost bitcoins widest coverage

We are observing that countries using Bitcoin for their businesses and transactions are now on the track of success. This success is stronger than that of the success of fiat currency as we know that the difference is clear, if you invest with a valuable currency then you will get more products and a less valuable currency gives you less product. These developing countries are now improving their economies and have an excellent time with the Bitcoin.

davinchi

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Quote from: MiXxe on May 31, 2018, 06:56:10 AM

Quote from: slapper on May 31, 2018, 05:22:48 AM

Quote from: anntlevel on May 31, 2018, 04:46:04 AM

Quote from: PETMALU11 on May 28, 2018, 11:48:19 AM

Bitcoin has a good impact to our country, Because they help to earn even if we are atleast in home. Bitcoin help us to have a good life and also help interms of billing. Bitcoin save a lot of people for this kind of opportunity.

Anyone who will indulge into this market, especially bitcoin, is destined to become a millionaire if he handles his holdings the way they are supposed to be. If government of your country has allowed you people to earn money with the help of digital currencies, count yourself as the lucky one. Though BTC provides anonymity but it is just in transactions. Bitcoin has never disappointed his investors.

I totally concur with you because I have seen many people in my country who were initially unemployed or fired have changed their life for the better thanks to bitcoin. However, since bitcoin became so popular, which is a good thing for investors, my country's government has drawn attention to it and started to ban it. Although this regulation doesn't quite effective, the people here have quite a lot of difficulties doing anything with bitcoin. I hope they would change their mind someday.

I think the government is somehow threatened to what bitcoin can be more. Imagine the big change bitcoin had as it started up to now. We have to try to realize how big it has grown now regardless the ups and downs it experience nowadays. Bitcoin is a way for us to be successful in a way that we will never expect. Now if government will help us, that will be better then. However, it will take a lot of years before it may happen.

In developing countries Bitcoin is using as a source through which they can make their economies better as we know that with valuable coin one can get huge profit or maximum profit. Other countries which are developed are also applying this strategy and are benefiting their economies through Bitcoin while those countries which opposed the Bitcoin are still on their places.

Topic: bitcoin in developing countries - page 29. (Read 3371 times)