Bitcoin plays a vital role in the economy - page 17.

Polly.Nochka

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Quote from: sham100899 on April 30, 2018, 04:35:24 AM

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.

You correctly say that bitcoin affects the economy. It's so global that it's even hard to realize it to the fullest. Great minds foretell the revolution of the blockchain. We can only watch this process and have time to earn money on it.

pendekar cinta

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Yes with full government support for the world of cryptocurrency surely the spirit of someone will continue to burn in utilizing bitcoin as a means of income and the country that began formalizing it became more advanced after the community can meet the basic needs with guaranteed and lower unemployment.

btcrising

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Not yet, there are no industries which can't function without BTC, but almost any sphere can benifit from using blockchain and Bitcoin in particular

troack

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this right in a few fields that

callmeback

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People don't always pay taxes for all the things that they always do, using cryptocurrencies can't be that powerful bad effect unless all people in the world uses it. But when there are a handful of people who use bitcoin for a crime or a bad thing, it will damage the image of bitcoin and cryptocurrency. whereas bitcoin has more benefits. We all know that bitcoin could give a massive growth of wealth. In this matter many individuals in different sides of country tried to invest and become successful which take home huge amount of money in their country.

qiqide

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The appearance of bitcoin has become a real breakthrough. That's why there is nothing surprising that it has a great influence on the economy. Not all governments want to accept it but with time this will change as everyone will understand how many pros it has

Aing

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Quote from: sham100899 on April 30, 2018, 04:35:24 AM

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.

Actually tax is one of the main fields for the country to make money other than state-owned enterprises. So I guess the state will not let anything without taxes can roam freely, all-inclusive taxes are therefore a common rule of a country. I think all countries are also applying it. Opening up local business opportunities that allow bitcoin may be able to raise the economic situation, but to determine how it will be applied and how it will be if it is already in the running is the main question here.

Bitcoinismylife12345

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Quote from: sham100899 on April 30, 2018, 04:35:24 AM

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.

Just because users of bitcoin don't pay their taxes while spending and investing money it doesn't also means that it has a huge effect to the economy. People don't always pay taxes for all the things that they always do, using cryptocurrencies can't be that powerful bad effect unless all people in the world uses it.

Indah_twin

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right. because now many people who do not have a job even the poor now can get a job and get the results of their investment. calculate the count for additional needs for their daily economic needs .

Oppang Inamo

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Quote from: sham100899 on April 30, 2018, 04:35:24 AM

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.

This is so accurate. Come to think of it, bitcoin is so popular nowadays and has really a huge impact to the economy of a country. And if bitcoin will be legalize and approve by a certain country it can really help to the economy to soar high. Though bitcoin is nontaxable and decentralized, still it can be an opportunity for everyone to be richer, and to help the economy.

Zahrowil Qolbi

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I really agree with your opinion. if governments agree to legalize bitcoin, and exploit it for the sake of the state, it will surely benefit all parties. but when there are a handful of people who use bitcoin for a crime or a bad thing, it will damage the image of bitcoin and cryptocurrency. whereas bitcoin has more benefits.

bitcoinman93

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Quote from: sham100899 on April 30, 2018, 04:35:24 AM

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.

bitcoin plays a very little role in economy nowadays. It's just a very tiny part of the economies in general. But if it succeeds, it can help in many factors, for example to import/export businesses...

RedzoneASE

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TRONscratch.com

Yes, bitcoin is already be considered as a great player in different countries economy. We all know that bitcoin could give a massive growth of wealth. In this matter many individuals in different sides of country tried to invest and become successful which take home huge amount of money in their country.

marlo1001

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it is true that governments want to get part of your money, they need always get some fee for all things people are doing in the country

zoeylee

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Quote from: sham100899 on April 30, 2018, 04:35:24 AM

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 is true that bitcoin really open doors to people to earn profit. Government can't benefits from bitcoin but it makes people go on living because they earn profit from it.

cotton ball

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Quote from: Rubble898zaitO on June 04, 2018, 04:49:28 AM

I believe that Bitcoin plays a vital role in the economy once it is legalize by the national government. It can help in providing jobs to a lot of people, governmenst can also inposed taxes on Bitcoin transactions, that way, it can also help the economy of that country. Let's just all hope that it will not just go to the pockets of those corrupt offcials in the government. It's high time that we all help and do our part for the improvement of our economy.

corruption does not matter if regulation has been made, but I have not believed in a supervisory agency working to monitor them, I do not think they can ever 100% follow up any illegal activity from anyone and there is no formal agreement if someone wants to do money laundering on media crypto.

The Bitcoin economy has the potential to reach all sectors of society and of course it brings a huge economic impact, but there is one problem where the government will never be able to make binding rules because all the bad things can be done with the internet that is beyond their reach.

Rubble898zaitO

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I believe that Bitcoin plays a vital role in the economy once it is legalize by the national government. It can help in providing jobs to a lot of people, governmenst can also inposed taxes on Bitcoin transactions, that way, it can also help the economy of that country. Let's just all hope that it will not just go to the pockets of those corrupt offcials in the government. It's high time that we all help and do our part for the improvement of our economy.

supandi wiharja

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Earn crypto for being contacted

Indeed bitcoin has played an important role in my economic life and some people who already know the virtual currency like bitcoin, thanks to bitcoin their life becomes financially better.
But i think for the world economy, bitcoin does not play an important role, because until now the existence of bitcoin has not been accepted worldwide, there are still many governments that have not legalized bitcoin, because the government needs careful consideration to legalize bitcoin.

Gyromancer

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Yes, it is true, I think that this bitcoin plays a very important role in the world of economy. Many people are successful through bitcoin. Does not a country want its own independent, affluent, and prosperous people? As far as I monitor bitcoin users, they are much better off in the economy. Their lives are changed to better by bitcoin. Many emerging young billionaires from this bitcoin business, especially those close to me. If more and more are jumping on bitcoin business then more and more people become to succeed.

kevintrang

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BTC is something important in the economy, as we can see that BTC has grown strongly over the past few years

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