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Topic: bitcoin in developing countries - page 33. (Read 3371 times)

member
Activity: 261
Merit: 10
May 27, 2018, 12:06:20 PM
I think Bitcoin will help those country to overcome their financial crisis and also help to built a strong economic in those countries. And that is a good thing.
jr. member
Activity: 196
Merit: 1
The Experience Layer of the Decentralized Internet
May 27, 2018, 11:39:55 AM
I do not think that Bitcoin would disrupt the economy, on the other hand it actually provides people more ways to earn and gain money. Also I don't think that Bitcoin will cause inflation on any country because it is a deflationary currency, meaning it is contraction in the supply of circulated currency within an economy, so therefore it is indeed the opposite of inflation.
member
Activity: 252
Merit: 10
May 27, 2018, 11:21:43 AM
Bitcoin can improve the country's economy. There are current coins in every country but Bitcoin is not a currency of any country. So even after the improvement of the domestic economy of bitcoin, since its value is not stable, so many governments have opposed Bitcoin.
newbie
Activity: 126
Merit: 0
May 27, 2018, 10:48:12 AM
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.
Developed countries in bitcoin are as vibrant as the development of that country and these digital coins are more widely known and more involved as they learn to approach and invest in them. modern
member
Activity: 434
Merit: 10
Unleash the Power of the World's Crypto Data
May 27, 2018, 09:06:48 AM
In developing country just like here. Some companies are making their own crypto and investing to some crypto. Just like how they now it in the news and in the internet. That's why I don't see that it will disrupt the economic stability and inflation of the bitcoin price in the country that who uses it.
full member
Activity: 401
Merit: 100
May 27, 2018, 08:49:44 AM
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.

I agree . But maybe now it is not possible but later in the near future it will be. Bitcoin will devlope countries by means of its volatility
newbie
Activity: 146
Merit: 0
May 27, 2018, 08:46:30 AM
No I don't believe that bitcoin is bad for the economy of a country but rather it is bad to the private businesses of a certain country. Like for example insurance company, investing in a bank,or any kinds of businesses that needs investors, because investing in bitcoin than investing in any of these is giving the investors and chance to earn more. Also it is more attractive because of being tax free.
member
Activity: 193
Merit: 10
May 27, 2018, 08:44:38 AM
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.
newbie
Activity: 266
Merit: 0
May 27, 2018, 08:41:25 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.
member
Activity: 221
Merit: 10
May 27, 2018, 08:37:22 AM
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. And it's a matter of bitterness and bitcoin is now world-wide. Bitcoin Many popular in the world are very popular in the country. If seen in advanced countries, then the developed countries have not bitcoin ban.
member
Activity: 195
Merit: 10
May 27, 2018, 08:07:25 AM
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. And it's a matter of bitterness and bitcoin is now world-wide. Bitcoin Many popular in the world are very popular in the country. If seen in advanced countries, then the developed countries have not bitcoin ban.
jr. member
Activity: 108
Merit: 1
May 26, 2018, 05:12:35 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.
legendary
Activity: 1274
Merit: 1004
May 26, 2018, 04:53:42 PM
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. 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. The system is self balancing and nobody can interfere with any block in the network and if anyone did change something then all the rest of the blocks will become invalid.
member
Activity: 401
Merit: 10
May 26, 2018, 04:44:13 PM
If I think this bitcoin is faster developing in developing countries like Indonesia, Malaysia, India and other developing countries because in developing countries economy Society is still below average and very difficult to find jobs in developing countries so that many people are switching to bitcoin which can be used as a livelihood.
newbie
Activity: 130
Merit: 0
May 26, 2018, 12:10:59 PM
It seems that bitcoin can affect the economic stability of a country if bitcoin is not governed by laws and regulations in that country. That's because the value of bitcoin investment is very high but has no physical or anonymous.
member
Activity: 569
Merit: 10
May 26, 2018, 11:15:42 AM
Which makes bitcoin difficult to accept in developing countries of course because of the government's attitude banned bitcoin, this is what makes users in developing countries can not change as developed countries.
sr. member
Activity: 574
Merit: 253
May 26, 2018, 11:08:44 AM
It must be admitted that the largest users of bitcoin are from developed countries like Europe, USA, Korea and Japan, bitcoin users are still very low in developing countries because they are more confident with official news that prohibits bitcoin.
newbie
Activity: 192
Merit: 0
May 26, 2018, 10:07:46 AM
Bitcoin has a good response in many countries. Bitcoin will help these countries to overcome the financial crisis, especially for the people who use it and the developing country is a good thing.  Smiley
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
May 26, 2018, 09:56:50 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 in a big country, bitcoin has been discussed for a long time, there is even a movie that in the conversation talks about bitcoin. But so far I do not feel if bitcoin disrupts the economic stability of a country, I feel the opposite. With bitcoin, the economy of a country will improve and I think that inflation is natural, because everything is always moving.
jr. member
Activity: 139
Merit: 5
May 26, 2018, 08:39:11 AM
bitcoin in my country has not developed, because in Indonesia do not know more deeply in bitcoin forum, and country indonesia has not develop bitcoin forum, maybe if next year already know bitcoin forum will surely be developed in indonesia country.
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