Topic: Bitcoin plays a vital role in the economy - page 13. (Read 2363 times)
If People in each in every country should look and welcome bitcoin as a friend not as enemy then there will be opportunity for them to explore and develop more this new kind of technology and system will help advance country's economy situation and it will play a vital role in their growth and success
Bitcoin opens many doors of new markets, which would affect the economy of a country, the reason why there are some countries who don't like bitcoin because cryptocurrency controlled by no one and because they don't get taxes. But if governments open there eyes and use bitcoin in its positive ways as possible you would be shocked that the third world countries who opens their gates on bitcoin will become one of the best countries we have ever seen.
yes it plays a vital role, there are a lot of people who are investing on the market more than placing their money on the banks and because of that, banks will lose a huge amount of profit.
AML Bitcoin definitely will. After all, regulations are in place governments will see the use of cryptos and especially AML´s since it is the only compliant coin.
it seems that bitcoin has not been said to play in vital areas of the economy, bitcoin still can not affect the world economic conditions, but if bitcoin can beat the dollar then bitcoin will have an effect on the world economy.
People are wrong if they think governments cannot impose tax business entities that accepts bitcoin. Another thing some people believe is that bitcoin can play a vital role in a country's economy and that it can make third world countries into the best in the world.
Bitcoin opens many doors of new markets, which would affect the economy of a country, the reason why there are some countries who don't like bitcoin because cryptocurrency controlled by no one and because they don't get taxes. But if governments open there eyes and use bitcoin in its positive ways as possible you would be shocked that the third world countries who opens their gates on bitcoin will become one of the best countries we have ever seen.
Probably, but as we can nowadays it was still limited in numbers of the total entities who accept Bitcoins and acwuired this cryptocurrency to be lined with the current market and I think if a cwrtain country still dont acwuire this cryptocurrency it will be hard for Bitcoin to create a hugr growth to economy. I think this is vital for the people who earns here but not to the economy per se.
If the country uses bitcoin, it is certain that the country will prosper. in view of the volume of trade alone bitcoin a lot of interest. taxes that are from trade in inputs to state revenues.
Right now it doesn't have any big role with the economy of a country. Possibly after years when the usage increases, it'll be contributing big. At present in most of the country the usage is low and so, it is considered among the miscellaneous part of the economy. Hope, the increasing usage and demand will lead to towards change.
looking at bitcoin market price and market capitalisation and technology-driven we can see bitcoin holding the future of banking it is surely economy booster
Bitcoin really changes our world and the economy of all countries for the better,although not all countries still understand what prospects gives cryptocurrency and smart money.
yes, bitcoin does play an important role in the economy of the country and individuals.
in my life bitcoin has helped the financial economy.
in my life bitcoin has helped the financial economy.
if I see a lot of people who are interested in bitcoin. even bitcoin has helped mainly the economic life of people who medium down. creating new jobs. so the number of unemployed becomes reduced .
Bitcoin opens many doors of new markets, which would affect the economy of a country, the reason why there are some countries who don't like bitcoin because cryptocurrency controlled by no one and because they don't get taxes. But if governments open there eyes and use bitcoin in its positive ways as possible you would be shocked that the third world countries who opens their gates on bitcoin will become one of the best countries we have ever seen.
Bitcoins do really affect the growth of the economy in a country and because of that, we can say that cryptocurrency has a vital role and that is for other people to have wealth in an easier way and they can also have financial freedom by not working on the corporate world and earning a small amount of salary.
You are right, it would be nice if the government legalizes bitcoin and provides legal protection for bitcoin users.
But most governments only think about the profits they will receive from bitcoin not about how they will see bitcoin flourish in the global economy.
But most governments only think about the profits they will receive from bitcoin not about how they will see bitcoin flourish in the global economy.
Bitcoin will vital role in the success of one's economy if the government accept bitcoin and will regulate it perhaps the people will use bitcoin as means of transaction and as the country grows bitcoin will become part of it.
Digital currencies are problematic monetary advancement that can possibly upset the current monetary structure and change how banks and money related foundation work. Prior all the money related exchanges were empowered through national banks (straightforwardly or in a roundabout way).Now, with the evolution of Bitcoins, the scenario has changed. Bitcoin and Ether and all these cryptocurrencies are representing a different type of asset class; a different type of trade-able commodity. Similarly, many banks now trust bitcoin enough to use it for payments.
you are right, because of many people using and supporting bitcoins and other cryptocurrencies. I am not sure if making investments in bitcoin plays a vital role in the economy but this is what is happening right now.
Today, as a rule, almost every digital international transaction involves the use of one or another form of virtual currency or credit. Thus, bitcoin is designed to provide security guarantees and credit convenience, while reducing transaction processing times and commission payments.
It is often still bound by the tax liability rules regardless of the medium of money used. There are various laws in many countries that may result in income taxes, sales, payroll, profits. 
Digital currencies are problematic monetary advancement that can possibly upset the current monetary structure and change how banks and money related foundation work. Prior all the money related exchanges were empowered through national banks (straightforwardly or in a roundabout way).Now, with the evolution of Bitcoins, the scenario has changed. Bitcoin and Ether and all these cryptocurrencies are representing a different type of asset class; a different type of trade-able commodity. Similarly, many banks now trust bitcoin enough to use it for payments.
Bitcoin isn't the primary try at associate degree all-digital, cryptographically primarily based currency. Others have existed in one type or another for nearly fifty years, however have either did not embark or dramatically crashed and burned. Bitcoin is that the initial cryptocurrency with the deep structure, wide adoption, and commercialism momentum to attain velocity.
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