In my country people and even government is understanding that bitcoin can be highly positive and useful for the economy and wealth
Bitcoin is helping such countries and the people who are living in such developing countries in a wonderful way and that there are likely chances that such countries will manage to improve their economy in a better way. With the passage of time, more number of people are getting to know about the crypto currencies and that they are getting motivated to invest in these coins, thus helping in improving the economy. 
Topic: bitcoin in developing countries - page 30. (Read 3371 times)
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?
As of now become popular especially to the developing countries. It becomes well known since it has been introduce to media through newspaper, television and internet. At the present I don't see any reason why it can caused an inflation or become any disrupt for the economy since bitcoin and the inflation is two different things. Let's not spread this kind of false news.
Most developing countries do not yet have a stable economy. So if the government prohibits investing in bitcoin I think it is something normal. Because the government needs funds on real investment to strengthen the economy. If the public funds flow in bitcoin and no real investment it will disrupt the country's economy.
I think that the majority of the people from developing countries even do not know about Bitcoin and the cryptocurrencies. They are interested even not in having money on credit cards but in usual cash.
It seems to me that Bitcoin does not have a function of inflation in a priori. Unlike the Fiat currency of any country. Fiat money in most countries is tied to and dependent on the dollar. Bitcoin independent. This is his big plus.
I am persuaded that in wise and modern hands the Bitcoin and cryptocurrency can be highly positive and useful for economy
Bitcoin has received a lot of good response in many countries. Various economic systems for Bitcoin and the right amount is going on. Bitcoin is being developing in variety of countries including poverty, unemployment, financial system.
Bitcoin must be fully adopted and used into mainstream before it can affect a country's economy. Most of the developing countries are busy in their economic development and they don't want to disrupt it by another outside currency that they can't be control by their financial or monetary authorities.These are one of the reason why developing countries are reluctant or slow in accepting cryptocurrencies in their economy.
Most developing countries do not yet have a stable economy. So if the government prohibits investing in bitcoin I think it is something normal. Because the government needs funds on real investment to strengthen the economy. If the public funds flow in bitcoin and no real investment it will disrupt the country's economy.
I do not think the governments of developing countries will think of investing in BTC, I think that individuals can only invest without any legal framework of the government, so at the Developed countries probably will not mention the MOF, there are no legal barriers to this type of business. It also does not develop BTC in particular and electronic money in general. Indeed, cryptocurrency technology makes it easy for someone to transact real time without the need for third party intermediaries such as banks or credit card providers. people in developing countries now have the opportunity to pass through the existing banking infrastructure, and move toward a decentralized financial system.
I think if they are smarter than the government's economic system and keep the full assets in the cryptocurrency, please imagine the inflation rate experienced by the state in this case, there will be much progress from many people but not in line with the economic balance in developing countries will result in wider systemic disarray.
Indeed, cryptocurrency technology makes it easy for someone to transact real time without the need for third party intermediaries such as banks or credit card providers. people in developing countries now have the opportunity to pass through the existing banking infrastructure, and move toward a decentralized financial system.
government will do something ? Well, they will try to understand it before they regulate it
Most developing countries do not yet have a stable economy. So if the government prohibits investing in bitcoin I think it is something normal. Because the government needs funds on real investment to strengthen the economy. If the public funds flow in bitcoin and no real investment it will disrupt the country's economy.
It appears that bitcoin can for sure disturb the financial circumstance of a nation in the event that it goes in with no guidelines or administrative things. A high however mysterious bitcoin esteem will make a few people confounded and unbelieving, significantly less unknown bitcoins are regularly abused for an illicit demonstration. This will cause financial unrest in a nation. Bitcoin had a tremendous effect in creating nations in the previous couple of long stretches of its reality. Well we can do likewise say this build up the nations as well as the whole world. We ought to concede that bitcoin is simply not a nations hotly debated issue but rather the entire world. Bitcoin help individuals of the world to associate with each other from numerous points of view. Presently even where you will be you can make exchanges to each other not having questions if where he or she is. You can purchase stuffs just by the swipe any place when you need. Furthermore, that I believe is the best ever bitcoin did to interface the world even we are miles from each other.
I will say that it takes that solid wisdom and futuristic sight to accept and promote bitcoin in your country if you ask taht.
In developing countries, the cost of living is very much inexpensive. So income from bounties goes a long way for them in that part of the world. Some even opt to not work at all and just focus on crypto currency. The number ofnthem are growing and I think it is good for the economy because they actually go out and buy stuff now.
Yeah you are right because now the price is above $8000 which is very big amount and I am not able to buy just a single bitcoin. Having five bitcoin in my community means the richest man in the society. But still many people in my community are using bitcoin and trading ig it because of the high margins of profits. My first choice for investment is bitcoin.
Bitcoin currently a good to earn money quickly source.Bitcoin through thousands of unemployment unemployment away being.Bitcoin the world's often the land of use be.Bitcoin in Russia, Zimbabwe, etc. countries in more than use. Between these countries in the shop by this bitcoin through.
in my country bitcoin not yet developed, maybe because bitcoin not yet in officially in indonesia, hopefully bitcoin in indonesia in remikan, let that work more and more.
the government itself is still doing studies on bitcoin but until now there has been no clarity of news anymore, which will be grateful for now our government is still neutral to bitcoin that does not prohibit it. we as users can only expect the best for now and use the bitcoin and government regulations that have been set so as not to add a bad list of bitcoin impacts in the Indonesian government ledger.
Bitcoin had a huge impact in developing countries in the past few years of its existence. Well we can do also say that this not only develop the countries but the entire world. We should admit that bitcoin is just not a countries hot topic but the whole world. Bitcoin help people of the world to connect to each other in a lot of ways. Now even where you are you can make transactions to each other not having doubts if where he or she is. You can buy stuffs just by the swipe where ever when you want. And that I think is the best ever bitcoin did to connect the world even we are miles away from each other.
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 are right bitcoin in developing countries. I am amazed in the country we have a wallet called coins.ph. Last few days I saw that the client of the coins.ph is reached 5M that is the vast amount users. Coins.ph secured and have low fees. Coins.ph only operate in 2017 with the permission of the Philippines central bank. Bitcoin helps us to change the lives which are significant to us mostly to the unemployed. 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 country bitcoin not yet developed, maybe because bitcoin not yet in officially in indonesia, hopefully bitcoin in indonesia in remikan, let that work more and more.
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