Topic: Bitcoin plays a vital role in the economy - page 24. (Read 2338 times)
Since the bitcoin appeared payment methods, business, investment, .. ultra modern help the economy of the world around the world developed in the direction of modern. It can be said that bitcoin plays an important role in the economies of countries around 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.
Bitcoin is the first decentralized digital currency which came into existence in the year 2009. In simple terms, it refers to coins that can be sent online. It was invented by an online alias Satoshi Nakamato. I think that developing economies can benefit the most from bitcoins. Their policies should encourage the use of bitcoins.
Bitcoin plays a very important role in the economy because everyone is competing and competing to invest in bitcoin.
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 .
Yes. Bitcoin is somehow the trump card of other countries in terms of economy. Bitcoin can make the market upside down if maintained correctly.
Not only bitcoin but also all kind of currency play a huge role in our world economy. But when we talk about bitcoin usually it's indicate the new trend of banking currency system. So it's different all kind of currency which is exist in our world market because its invisible and it's show many fluctuation than dollars, Euros, PLN at the same time. Although bitcoin is new but it's make effect in our economy a few time, when it will be well-known as like as American dollars, it undoubtedly make strike in world banking system at the same time world economy.
. 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.
Nothing is so simple. If the third-world governments, as you wrote, opened their eyes to the use of bitcoin, it will be used by few. Bitcoin, as well as the entire Blockchain technology, can be useful for many many things, but I don't believe it has some kind of "celestial" power of changing the world. It can help an economy, maybe individual economy, to grow up; can change the entire perspective about the banking system or the governments lends... even can achieve somehow of wide position in economy and become crucial to the economic system.
But changing countries were corruption, mislead, wars, poverty and all kind of injustices are taking place... well, it is just technology, not a sort of Greek god.
Do not forget that technology can't reach all the houses. There are millions of people worldwide worried daily just because they have no clean water to drink. Bitcoin, I'm afraid cannot fix all the human issues, it can't stop wars, either injustice. Is a shame, of course. But also, reality.
Of course bitcoin has an important role in the economy.
Many investors are investing or withdrawing their money.
Then there will be an increase and decrease in bitcoin prices.
Many investors are investing or withdrawing their money.
Then there will be an increase and decrease in bitcoin prices.
well i would stay it still has a way to go before it becomes a vital role in the economy but yes perhaps in the future it will be
Yes, Bitcoin really has a big impact and plays an important role in the economy of every bitcoin country, and bitcoin is increasingly recognized, which means that the entire electronic money market is legalization.
bitcoin doesn't play a vital role in the economy, but it can. there is a difference between these two statements! bitcoin like anything else can be like a tool that some people use to improve their lives, economy,... and some others ignore it and don't use it for anything.
for example the adoption that happened in Japan led to a huge economical change because of all the jobs that were created and also the revenue of the merchants that was increased because of it.
for example the adoption that happened in Japan led to a huge economical change because of all the jobs that were created and also the revenue of the merchants that was increased because of it.
I'm happy that there are still people who sees the capability of cryptocurrency like I do. Yes, it would definitely impact the economy of a country. So, even with all the issues raised regarding cryptocurrency, I definitely believe that one day, it would be widely accepted.
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.
Here’s what can happen and what should not happen when opening cryptocurrency in a country. Cryptocurrency can, of course, make a third world country one of the best countries. But what the government don’t want is they can’t get anything from crypto. Also some banks are against crypto, so that’s why they help the government ban it from the country. What should not happen is when government agrees to open crypto to a country, they won’t milk the cryptoworld to pay them lot of money for opening the system.
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.
Very well said. Bitcoin really have a big impact and plays a vital role in the economy of each country that are using bitcoin. The only reason why they didnt want to give bitcoin the opportunity to be part of the economy is because they don't have the power to manipulate it. And also they can't get taxes from those who are using it so for them bitcoin is just useless. But it they will they different bitcoin helps a lot.
Speaking about the economy of the world as a whole, it plays not the most important role, since bitcoin has not won the confidence of the whole world
The good news is that bitcoin's status is increasingly recognized.
Because that means the entire cryptocurrency market is legalizing.
Because that means the entire cryptocurrency market is legalizing.
indeed this time like that, but later will be turned into a 3rd world because bitcoin our future and the whole world good bitcoin.
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.
Bitcoin plays an important role in the economy. It will become stronger every day.
A country's economy could be increased by bitcoin with the government's record of being able to accept bitcoin and legalize bitcoin and impose a tax on bitcoin users in either trade or investment or a transaction. The tax is what gives the government income. How can a country's economy change because of bitcoin if they do not impose taxes on people in action using bitcoin in a transaction.
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 agree with this part, if some governments agreed to legalize bitcoin and encourage many exchanges to go to their country, create jobs, engage in partner actions such as construction of more universities and encourage courses in infomatic engineering, support industrialized agriculture projects, support ICOs that have good projects. 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 and only bring foreign investors that who know that they will give some money to their pocket.
The problem is not in bitcoin, the problem is not in the altcoins, the problem is not in the ICOs, the problem is the people greed and the unwillingness to improve the world where we all live
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