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Topic: Bitcoin plays a vital role in the economy - page 2. (Read 2338 times)

jr. member
Activity: 266
Merit: 4
CurioInvest [IEO Live]
November 06, 2018, 09:12:21 PM
Countries like South Korea, Japan, Zimbabwe etc will attest to the fact that Bitcoin has incredibly add up to the betterment of their economy. It creates job opportunities and financial freedom for the people to make payment both online and offline in a very simple form.
newbie
Activity: 70
Merit: 0
November 06, 2018, 09:00:45 PM
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.
absolutely right we should see bitcoin not from the negative side, because the positive side that bitcoin has is very much we can see the ease of transactions offered by bitcoin very much and which definitely eliminates third parties in transactions, making it easier for business actors moving between countries which is usually always convoluted so ordinary it is easier, and there are still very many interesting features offered by the bitcoin currency.
copper member
Activity: 672
Merit: 270
November 06, 2018, 08:49:48 PM
Bitcoin plays a very important role in the economy, for example, it is an attractive investment tool for many people, or it is a currency that allows trading on either side without the need for a third party. ...
I think Bitcoin help us and many people to get earn and to change their life too. Also Bitcoin help the economy of a country interms of help of their people lives to be a better when they start to used it. Also Bitcoin help someone to get earn even it doesn't have a job, so I think once the country accept Bitcoin surely the outcome will be great especially in their economy.
jr. member
Activity: 182
Merit: 1
November 06, 2018, 12:46:03 PM
I believe that its influence is indirect, because the creation of bitcoin has prompted an attempt to create alternatives, which if not found, will lead to the use of cryptocurrencies
sr. member
Activity: 1638
Merit: 278
November 02, 2018, 05:26:24 AM
In fact, the influence of Bitcoin in the global economy is very small, which is a fact. The cryptocurrency is growing but there is no guarantee that the future will not be annexed by the government with coins such as XRP. They are centralized but you don't know.
There is an impact on government from economical point of view. Bitcoin has been making good progress and things are getting fine for this. We are always kept in this confusion while there reality is totally different. Those countries who are using bitcoin for their economical purposes, we can see the sparkling change and improvement in their economics health.
member
Activity: 271
Merit: 10
October 28, 2018, 12:47:09 AM
In fact, the influence of Bitcoin in the global economy is very small, which is a fact. The cryptocurrency is growing but there is no guarantee that the future will not be annexed by the government with coins such as XRP. They are centralized but you don't know.
member
Activity: 344
Merit: 10
October 27, 2018, 04:32:43 AM
Bitcoin is still having little impact on the economy, but in the future Bitcoin will be very important and there will be more people buying Bitcoin. Bitcoin now accounts for a small percentage of the global economy.
hero member
Activity: 1092
Merit: 501
October 26, 2018, 03:16:11 PM
right. It plays a very important role in the economy now. It is now one of the big markets and if it collapses, the whole world will be stunned and the economic downturn will happen. So we should not be too worried about the existence of Bitcoin. Trust it if you are a risk taker.
I am not afraid of the risk because I know risk is part of life, I will have to face it, so in case of investing money in bitcoin I am sure about the profit, it is making the economy well and good because many people has become employed because of bitcoin and many are saving their money from getting lose, so our economical start is getting towards height in world economical graph because of bitcoin.
Agree after spending some years with crypto we should have that patience to have risk and invest, price is getting bigger day by day and I am sure this year we will see biggest price of bitcoin because I am sure our economical life is still dependent on the power and strength of bitcoin, as it has reduced the unemployance in my country and I have seen many people has become really rich with the help of bitcoin acceptance and investment.
member
Activity: 345
Merit: 10
October 25, 2018, 01:40:54 PM
I am sure that BTC is always a valuable money in the market of all time. Due to the development trend and its benefits, many investors have invested and believed to make a profit. I believe with the ability and development of BTC, it will play an important role in all future transactions.
hero member
Activity: 1078
Merit: 501
October 25, 2018, 10:55:34 AM
right. It plays a very important role in the economy now. It is now one of the big markets and if it collapses, the whole world will be stunned and the economic downturn will happen. So we should not be too worried about the existence of Bitcoin. Trust it if you are a risk taker.
I am not afraid of the risk because I know risk is part of life, I will have to face it, so in case of investing money in bitcoin I am sure about the profit, it is making the economy well and good because many people has become employed because of bitcoin and many are saving their money from getting lose, so our economical start is getting towards height in world economical graph because of bitcoin.
member
Activity: 294
Merit: 11
October 24, 2018, 01:30:07 PM
While Bitcoin plays no significant role in the economy. After all, the entire capitalization of the crypto market is less than the capitalization of large corporations.
sr. member
Activity: 1120
Merit: 256
October 24, 2018, 01:25:54 PM
The role of Bitcoin in the economy cannot be underrated. Countries that accepted and integrated Bitcoin into their payment methods are now seeing incredible boost in the growth of their economy. Bitcoin generates job opportunities in a country because it calls for the establishment of mining industries and settlement of many crypto projects.
for countries that have allowed bitcoin earlier, of course they have a prosperous society at this time, considering price from beginning to present has increased a lot. although this year BTC has decreased
it is true and for example it is like Japan whose country has been able to be more advanced with its government willing to accept bitcoin and other digital currencies, because bitcoin is very beneficial for everyone who already knows how to use it
full member
Activity: 364
Merit: 100
October 24, 2018, 12:53:45 PM
Crypto like bitcoin and other coins are playing a role in the economy in a sense that people lives become better with this and it has not a physical status so we can not say that it can adding something to the GDP of the country but still it is making things easier and the trade through bitcoin can not shown in the economy like the imports and exports of goods and services are not possible to show actual value to the economy.
member
Activity: 602
Merit: 11
October 24, 2018, 12:29:20 PM
I think now Bitcoin has not played an important role for the world economy, but it is very helpful with individuals, because the government has not approved the rules so inhibit the goal in the creator of Bitcoin.
of course a country like Japan where it has legalized bitcoin, its people are more prosperous now. because there is a significant increase in prices from the beginning, it is very significant, but if it affects global economy, i don't think it's time
full member
Activity: 602
Merit: 100
October 24, 2018, 10:00:24 AM
I think now Bitcoin has not played an important role for the world economy, but it is very helpful with individuals, because the government has not approved the rules so inhibit the goal in the creator of Bitcoin.
newbie
Activity: 283
Merit: 0
October 24, 2018, 09:39:50 AM
It's true that bitcoin has an important role in the economy, because bitcoin can benefit its users. Currently bitcoin can be used as a business so that many people already feel the benefits. Bitcoin can change a person's life for the better if the user is good at processing bitcoin.
sr. member
Activity: 854
Merit: 250
October 24, 2018, 08:46:02 AM
Well, of course there are many people who have benefited or they are working on the basics of cryptocurrency or making projeck because now it has become a business and everyone is enjoying it and getting the benefits
newbie
Activity: 46
Merit: 0
October 24, 2018, 08:42:19 AM
It has already been a very good source of income for a lot of people all around the world. Many governments all around the globe don't like bitcoin, as they don't get taxes with transaction on bitcoin.
The important role of bitcoin is to increase efficiency in financial transactions, because the system used is blockchain to reduce the problems that have occurred. Then eliminate opportunities for corruption because the way it works is decentralized, data is spread across multiple servers. Bitcoin also triggers the growth of internet users, because without internet bitcoin transactions will not be able to.

I am agree with your opinion. We can transfer our asset using bitcoin and its really fast with lower fee. It will our economic more eficients and i am believe in the future, bitcoin will playing important role in our economy system
Due to bitcoin earnings people transfer their money to their local banks and when commercial banks of a country have big money, they will do better performance for their economy. It is all because of cryptocurrency earnings. I can say that bitcoin can change a person’s life with huge profits and gradually the economy of a country will grow more when people have more money for expenditures.
sr. member
Activity: 658
Merit: 250
October 23, 2018, 12:05:42 AM
I agree with this section. If the government of Bangladesh gives consent to legalize Bitcoin, it will become stronger. Bitcoin plays a key role in the economy.
Bitcoin plays an important role in the economy. It will become stronger every day.
maybe it will happen we cannot know the future development to influence the economy in my country, it is not possible to happen because until now the government still has not fully inaugurated cryptocurrency as the prevailing currency so is it possible to be an important role in the economic system in my country
full member
Activity: 826
Merit: 100
October 22, 2018, 10:34:15 PM
The role of Bitcoin in the economy cannot be underrated. Countries that accepted and integrated Bitcoin into their payment methods are now seeing incredible boost in the growth of their economy. Bitcoin generates job opportunities in a country because it calls for the establishment of mining industries and settlement of many crypto projects.
for countries that have allowed bitcoin earlier, of course they have a prosperous society at this time, considering price from beginning to present has increased a lot. although this year BTC has decreased
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