Topic: Bitcoin plays a vital role in the economy - page 18. (Read 2375 times)
As a substitute for fiat currency in the future, this is definitely a work that Bitcoin must do to get everyone to trust the workings of Bitcoin, and more and more users. Bitcoin is also a clear proof of the future development of digital technology that we will use later in the future.
In Asia there are many startups trying to reach the world. NEO, an open source blockchain platform, was developed in Shanghai and has NEO copper that topped the world's largest capitalized electronic currency. According to founder Da Hongfei, NEO is designed to "connect the digital world to the real world." More than a dozen startups in and out of China are developing NEO-based "distributed application" software. Among them are Red Pulse, a company that provides a semi-auto stock research system that uses AI to collect data and generate research reports before being edited by humans. Red Pulse's clients include Bloomberg and several other financial news outlets.
it is true bitcoin plays the economy in indonesia, because bitcoin income in indonesia a lot, now bitcoin is decreasing, so income of economics in indonesia can be stable, but bitcoin sure its price will return stable.
yes bitcoin can play in the sensitive areas of the world economy, because bitcoin has a good development and bitcoin is the first digitized digital currency that has sophisticated and secure technology so it can lure the market to use it.
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
Bitcoin has a very great positive impact on the economy of each country that accepts the use of Bitcoin. Bitcoin comes as a package which offers job opportunities like Blockchain technoogy analyst, developer, bounty hunter etc. Also, Bitcoin gives its users the ability to own total control over their financial transactions due to its decentralized nature. In the long run, the economy is enhanced as the people enjoy all these benefits from Bitcoin.
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.
Definitely bitcoin has been a vital role in the crypto economy as we can see that if the price of the bitcoin went down, the whole crypto market will be affected by it. similarly, when it goes up, a lot of the coins will also increase.
Not as vital as it would be if it becomes regulated. Right now, No data or statistics can show how bitcoin affects the economy. People diverting some of their money to invest in bitcoin and some people making a living out of cryptocurrency definitely has some effect.
better now to have as much bitcoin as possible. Because I think in my opinion bitcoin could be an important role of the world economy in the future that has started using digital currencies like bitcoin for its main finance
it will make the economy more viable in the face of various shocks, promote fair and sustainable development, giving users the right to play a leading role, thereby strengthening local economic development.
It is still unclear whether bitcoin will play the same role in the economy as, for example, gold.
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, that is right. Once bitcoin has been formally accepted legally, it will grow faster and better. I can support the economy of a country. The government can collect taxes from bitcoin transactions that may increase government income. Besides that bitcoin can be used as digital currency and digital asset.As digital currency it will support each other with fiat money while as digital asset, it may become a profitable investment instrument. That is why it plays an important role in the economy.
I think like that too. Why bitcoin not use in every country in the world? Because it virtual? whereas it can advance the economy in every country in the world. I hope bitcoin can be support by goverment in every country in the world. 
Apart from the fact that government sees cryptocurrencies as a threat to fiat currency, government will hardly support anything that it is not making money from. Government would like to get tax on cryptocurrencies but they need to have a regulation in place. That is the only way it can impact on the economy.
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.
maybe it can happen because of the huge results and profits, and maybe many countries are resisting bitcoin for its development because there may be many negative effects that will arise later
Bitcoin would be perfect for the people, but not for the governments/banks. If you keep your money in your bank ( or also under your bed, the same thing as you own FIAT), you actually losing like 1-2% year cause inflation.. this sounds good for you? What a wonderful world if Bitcoin would be the only one currency? But this will be so hard, and most of people in the world are stupid and cannot even open a PC.. imagine doing the revolution against the banks...
Nowadays bitcoiners members increasingly in everyday life. Almost everyday bitcoin and government have gap for there are countries that banned bitcoin. Also there are countries that accepts bitcoin. OnCe government and bitcoin development have a good partnership we will probably witness the beauty of crypto to be more develop.
I mean, this could benefit countries like mine that are third world that need a lot of foreign investment, but the problem is that the politicians are corrupt and they only approve laws that will benefit them
the study of nature, essence and role of crypto-currencies is a prerequisite for the development of a monetary policy adequate to the challenges of the current stage of financial market development, which is global, unpredictable, unstable and creative in nature.
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