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 agree with you, if the government and people will take bitcoin on account they will definitely have some benefits from using it, the problem is that many of people are just afraid of Bitcoin. 
Topic: Bitcoin plays a vital role in the economy - page 5. (Read 2375 times)
I guess it is true to a point. Crypto currency was created to become an alternative means of exchanging goods and services around the globe. It was also a decentralized form of currency that could be traded around the globe on am instant. Like currency, it can also be stock option. This stock option is very lucrative to investors both rich and regular giving both a chance to gain an income outside their normal means.
Bitcoin may not have taxes and it is decentralized but those features doesn't put an end to its purpose to the economy. Bitcoin opens ways for people to earn a living, may it be part time or full time from anywhere around the world, at anytime. I believe that having a means of earning is something BIg for people and their families, this contribution from the smallest unit of society is a big step, once a lot of people from each family provides a living through Bitcoin then we can say that it is big enough to have a positive effect on the economy of any nation.
That is actually true. Crypto currency actually gives a regular joe a chance to make something for themselves. It also gives us a crash course on investing in the stock msrket and could actually better ourselves by being financially savvy. Most of all, crypto currency gices us a chance to amass wealth by trading.
just because some people don't pay their taxes when trading bitcoin and cryptocurrencies that doesn't mean bitcoin is affecting the economy of the whole country! these same people would never pay their taxes when they do other things so the economy didn't change because of them.
Well there could be indirectly form of effect that bitcoin plays like if you see how the marketcap volume for bitcoin in corresponding fiat value in dollars. It will took billions of dollars coming from around the world. So this money would be taken from the countries economy for bitcoin to add up its market cap volume. If not for bitcoin then these money would circulate in the countries economy and not in 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.
I also believe in that way.
Various of opportunity when a particular institition or people enter to the Bitcoin procedures. It allows every person in different countries to have an easy systems of transaction.
The countries who can regulate it in the way where everyone will agree, will have a positive result in terms of economic growth.
Any currency will play a big role in the economy. Bitcoin has an advantage, it is slightly regulated and works, so it can change the economy.
Bitcoin is indeed one of the best seen which this world has seen after ages and that there is no match to it in any way. Bitcoin will surely revolutionize this world and that it will make this place far better place to live as we can already see the effect of bitcoin in improving the economy of the country as well as helping the investors in making more money which they are using to meet up their needs.
Yes, this is very true. Bitcoin helps to speed up transactions and avoid the unnecessary delays which could have slowed down transactions and economic activities.
If the Crypto-currency is taxed, then the states will be in big profits, which by itself should open its eyes!
Only in some countries that accept the MOF, but not the main economy, they are only contributing to the development of the economy, facilitating mobility, low cost and transferability anytime.
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 really don't know if it will affect the whole economy. But i think, if the bitcoin becomes the currency, it might affect because it doesn't have any taxes at all. On the other hand, maybe it may become positive but no distinct reason why.
Bitcoin is the most valuable currency in the world of virtual currency. Bitcoin can have a strong influence on the world economy. Many countries are paying special attention to this currency. Countries such as Russia, China and Japan are trying to control bitcoin and make bitcoin the appropriate route.
every currency has an important role in the economy. Likewise with bitcoin, bitcoin also has an important role in the economy, seeing the functions of bitcoin that can make money and profitable for many people as well as investors make them more prosperous and their economy improves. So do not rule out bitcoin can be important in the economy.
Everything will change, from economy to culture to people, changing more or less depending on the influence and value of Bitcoin.
Any currency will play a big role in the economy. Bitcoin has an advantage, it is slightly regulated and works, so it can change the economy.
Probably, we will see it very soon. Today, Bitcoin really has all the chances to become the coolest alternative currency. It is quite fast, safe and convenient. That is why you can use it almost everywhere.
Any currency will play a big role in the economy. Bitcoin has an advantage, it is slightly regulated and works, so it can change the economy.
Bitcoin is indeed one of the best seen which this world has seen after ages and that there is no match to it in any way. Bitcoin will surely revolutionize this world and that it will make this place far better place to live as we can already see the effect of bitcoin in improving the economy of the country as well as helping the investors in making more money which they are using to meet up their needs.
Yeah i have seen also some of the companies are conducting a feasibility study on the possible use of bitcoin for their system to be part of it. One of it is the samsung company where in i think and this is only an opinion that these smartphones one day will be used as digital hardware wallet for bitcoin and which means that their target costumers for it are the crypto lovers 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 can really be beneficial to the countries who adopt it early and really use it as a currency in their economy.
The life wire of every economy is fund (money) and bitcoin is an alternate way of injecting more fund into the economy of a country, with this we can conclude that the role of bitcoin to every existing economy is indeed indispensable.
Bitcoin plays a very important role in the economy since nowadays it becomes the changing of finance. It makes every transactions secured and convenient. And because the transactions are assured, transactions has become fairly inexpensive.
This is the case but you know what, this bitcoin has got much interacting and value and importance in coming few years. There would be a solid criteria for making super power in this world and that would be bitcoin. How bigger this country has got involvement in bitcoins. So don’t waste time and make sure you are taking good care of bitcoin in this time and it will be paid back. Jump to: