Topic: Bitcoin plays a vital role in the economy - page 22. (Read 2375 times)
bitcoin has a significant impact on the economy in all countries. all investors have chosen bitcoin as a replacement for stock or money as a means of transacting with everyone. so greatly affect the economy of the country. and bitcoin becomes an alternative to investing media in addition to stocks, land, buildings or bank deposits.
Bitcoin plays a vital role in the economy because if you look at it , in terms of business this is connected to the economy only that government has no right to employ policy over bitcoin, so bitcoin helps people to participate to the global economy, where in cryptocurrency and the use of mobiles phones access the modern banking and other financial services through the blockchain.
Cryptocurrencies are disruptive economic innovation that have the potential to revolutionize the current economic structure and change how banks and financial institutions operate.
Bitcoin plays a vital role in the economy because if you look at it , in terms of business this is connected to the economy only that government has no right to employ policy over bitcoin, so bitcoin helps people to participate to the global economy, where in cryptocurrency and the use of mobiles phones access the modern banking and other financial services through the blockchain.
In whole world more people have more ways to save taxes. Some are legal and some illegal. So Bitcoin is not only one. Second thing is some government get strict and has full eye on Bitcoin transaction. Because of it getting hard to hidden income by Bitcoin.
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.
Yeah, bitcoin plays a vital role in our economy even the life of the people. This will opens many doors of new markets which affects mainly the economy of many country here in our world. Many people are saying that bitcoin is illegal because it doesn't get taxes from the people who use it. 
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.
Your statements, in my opinion, are somewhat inaccurate. It can not be asserted that a crypto-currency can not be taxed. Now many countries quite successfully apply taxation to the crypto currency. In Japan, for example, the introduction of taxation over the past year brought profit to the economy of the country and increased the country's gross national income by 0.3 percent.Also it can not be asserted that the crypto currency is vital for the country's economy. Before that time, the economies of all countries managed without a crypto currency and could continue to do without it. Crypto-alyut is more needed by citizens than the state.
On the other side,I mean positive impact brought by bitcoin to our economy,yes it is,it plays a vital role in the economy,if bitcoin elevate the financial status of each members so,theres also a growth in economic status of the country,if people has money to buy some products then the economy of the said country will also prosper so much more if in the future this currency will be use,I can imagine how progressive economic status of the country will be,
Bitcoin does open a new opportunity for people to earn and increase the people's economic, if it is used properly then for sure bitcoin is a very useful thing, but it gives more advantage for the people than the country, I think the best way to balance this is to regulate crypto, at one side the government got the income tax the other side we can easily used btc for transaction
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.
Willingness of bitcoin users to tax their income with bitcoin would definitely have an impact on the economy but i believe the economy would still benefit even if they would not declare their income on their ITR's. People who succeed with bitcoin would have a greater buying power and this scenario would somehow affect the economy as a whole.
Yes Bitcoin plays a very important role in the economy as other ways of investment plans for the common people now a days have become diminished as bitcoins have taken over that ways of investment. There is much more profit by investing in bitcoins so people are running behind bitcoins and it is playing major role.
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.
I think that's what all bitcoin investors want in every country, the government protects bitcoin monitoring and development so it creates good cooperation between bitcoin and the government of a countrycapability, if they will just open their minds and look with possibilities, the potentials where bitcoin can deliver will be in the positive ways, bitcoin
can be use in a wide transactions and can be quick and easy, they just needed to supply implemented rules from each countries that they've handled.
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.
I think that's what all bitcoin investors want in every country, the government protects bitcoin monitoring and development so it creates good cooperation between bitcoin and the government of a country 
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 we must continue to put pressure on the government that Bitcoin is a viable financial system to use. the development of the times that slelau demanded the advancement of technology will definitely require a much more sophisticated system. It also applies to the financial system, should Bitcoin and cryptocurrencies be well received. if we unite and vote then I am optimistic that the government will open up and ultimately acknowledge the benefits provided by cryptocurrency. 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 vital role will only realized if a government legalizes bitcoin and allow it to be one of their legal tenders. The mass adoption of bitcoin into mainstreams will also help improve the economy of a country. Japan for example allowed bitcoin to be used to lurchase any kind of goods whether it online or offline. Taxes from bitcoin and other cryptocurrencies are becoming one of the main contributors to the government coffers.
I agree with this section, if some governments agree to legalize bitcoin and encourage many exchanges to go to their country, create jobs, engage in partner actions such as the construction of more universities and encourage courses in infomatic engineering, support industrial agriculture projects, support ICO which has a good project. and the economy of a country can be increased by bitcoin with government records being able to accept bitcoin and legalize bitcoin and impose a tax on bitcoin users in trade or investment or transactions. It is this tax that gives the government income. How a country's economy can change due to bitcoin if they do not impose tax on people who act using bitcoin in a transaction.
difficult to control or they do not get taxes, I think that is not the main factor the government bans bitcoin. even because of bitcoin volatility, governments can take huge profits, and even if bitcoin is adopted and then make positive regulation, so, bitcoin will have a significant effect on a country's economy.
but their main reason is bitcoin as a big threat that could disturb the stability of their currency.
but their main reason is bitcoin as a big threat that could disturb the stability of their currency.
These are all fairy tales) Bitcoin doesn't have much influence on the economy at the moment) Because too few large operations are performed using bitcoin
this is very true especially in third world countries because what this will do is inject fiat into the economy which would mean that business would be able to make more money as people would have more money to spend and this would stimulate economic growth because among other things government would collect taxes from these transactions that would now arise. monies could also be used to open new business which would reduce the unemployment rate , which would remove some strain from the government to care for the unemployed so this situation can easily be turned into a win win win situation for all involved.Bitcoin can definitely turn around the economy but just like everything else that produces good fruit it will require hard word determination and education.
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 is great we all know that but bitcoin does not open the doors to new markets right now it is only opening the door to one market, the market of cryptocurrencies, I have a very strong faith that bitcoin will eventually become an important part of the economy but right now that is not true.
At the moment, bitcoin does not play any role in the world economy. But the potential of crypto-currency is not yet disclosed and the developed countries understand this and begin to look for ways of implementation. Today, the Crypto currency accounts for only 2% of the GDP of the world economy. Still ahead, friends 
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