Topic: Bitcoin plays a vital role in the economy - page 8. (Read 2375 times)
It covers some segments of society that are currently under,-served. E.g bitcoins help in transfering funds across international boundaries
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.
Indeed with the presence of bitcoin one can use it to invest and earn income from there the economy becomes helpful and makes one more comfortable playing when the government officially inaugurates 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.
It is true that the bitcoin is now playing a vital role in our economy. There are now many businesses and stores in my country that are now accepting bitcoin as payment. Bitcoin helps the transaction to become faster and better. 
Yes, bitcoin plays a vital role in the economy since it is a life changer.
Of course bitcoin has brought big change in economy. Lot of people are making money from bitcoin and when they have more money they will spend more and the circulation will be high and the profit of almost everyone will increase and finally the whole economy will go up. It’s all because of bitcoin investment and profit against investment.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 a country's economy can be improved with bitcoin with government records being able to accept bitcoin and legalize bitcoin and impose a tax on bitcoin users in trades or investments or transactions. It will be income for the country.
You're right bitcoins is not controlled by anyone. But ever think what if criminals start using it worldwide. Maybe you're right but not only tax there's some more reason why the government is hating it they're afraid because bitcoin can destroy the economy if bitcoin has some advantages then it has some disadvantage too. If Criminals can use it because they're aware bitcoin can never be traced.
So lets be real here
So lets be real here
In this day, yes indeed bitcoin plays a vital role in the economy. This is very relevant especially to those countries who fully embrace the world of bitcoin. If almost all the people of those country depends their income to bitcoin surely bitcoin will be a part of the economy. Just imagine that if those people who are depending on bitcoin will not have a income, surely the industries around those people will be affected that will lead to economy crisis. This step up is also one of the reasons why some countries totally embrace bitcoin for them to the economy and their people to have a good end results.
Yes bitcoin is playing a key role in the economy and for me bitcoin is the ladder where i can travel to the sky i think bitcoin will grow in the near future and now a days bitcoin selling at this low rate is not a good way to behave for bitcoin we should wait.
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!
That is very true. bitcoin is very influential and important for a country's economy. turnover and financial transactions occur when a person has bitcoin or uses bitcoin for all kinds of activities. so that there will be economic transactions that can benefit all parties.
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 do believe that bitcoin or cryptocurrency can be vital role in our economy. With bitcoin, inflation can be handle and goods price will more stable. Beside that, peoples can trade anything with others people in the world with lower fee using 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 agree that the correct use of bitcoin and its blockchain technology can bring a lot of benefits in the country and many areas of activity, but at the moment it seems to me that you exaggerate that bitcoin plays a vital role in the economy. 
bitcoin can play a vital role in the economy but it will not happen in the short time because the government still not accepting bitcoin and I think they still learn about bitcoin. they will use bitcoin if they can get some benefits from bitcoin especially if they can use bitcoin to increase the economy of the country. maybe the people will get the benefits of bitcoin first and then the government will take a part in bitcoin world so they can also take the benefit.
Bitcoin may really play a vital role in a nation's economy if it is legalized and become one of the legal tenders. When bitcoin become widely use in a country, there will be increase of economic activity and the benefits of using bitcoin will still depend on its price fluctuations. Bitcoin is known to be a volatile currency and any significan increase or decrease of its price can affect the growth of a nation's economy.
imagine if bitcoin could be the main digital currency would be expensive. And you are right bitcoin start playing with the price conditions and give effect to the condition of world economy
The region with the greatest potential for bitcoins in the world is probably international money transfers, that is, money sent home by workers who earn abroad. Now, these payments are processed by several intermediaries, including banks with their services, and currency exchanges.
Indeed with the presence of bitcoin lately that often increased can provide a great opportunity for someone to try to make a profit by investing so that their economy can be guaranteed and can reduce the unemployment.
It will be good for those who will see the benefits and benefits of cryptocurrencies for their country and people. Those who go against these new technologies will suffer and be forgotten! Importantly, cryptocurrency and bitcoin in particular have kept the resistance and reached the mass market and dripped into pockets life people!
I have not read the article yet, but praise as well as the economic contribution to the bitcoin, but I also understand that bitcoin also contributes important but not great, but they still stimulate economic development
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