Bitcoin plays a vital role in the economy - page 9.

Karmakid

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Quote from: sham100899 on April 30, 2018, 03:35:24 AM

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 one of the world economy's best asset because through it, we would be able to gain profit that would be useful for us to impart something for the economy. I believe that through bitcoin , we could help the economic growth of the world.

mersal

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Quote from: Jessica2009 on June 18, 2018, 05:42:42 AM

I agree that Bitcoin plays a vital role in an economy in some countries government tries to ban crypto market because they do not understand what is Bitcoin and they doubt because this Bitcoin is a digital decentralized one and no other third party interfere in the transactions of Bitcoin . In developed economy the government agree with the transaction of Bitcoin they open the gates towards crypto world and that country will become one of the most developed country in the world.

Where can I meet the principal. Development of currencies and other people so bitcoin is also one of the word for a every economy with increase the possibility of powerful nation so I think bitcoin will definitely need to approved by the government.

Leyss

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Quote from: sham100899 on April 30, 2018, 03:35:24 AM

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 not yet see such a significant potential in the crypto currency to play a vital role in the economy of any country. Crypto currency can play a significant positive role for citizens, but not for the economy of the state. In addition, the crypto currency is even capable of causing significant harm to the economies of those countries where the market model is not fully used, and a significant part of the economy is based on manual regulation. From these countries, money flows can flow to other countries in large numbers, since in this case the state will not be able to control and stop such a leakage of money abroad.

InKiTy38

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We do not know about the role or the effects of bitcoin for us, but we will see that thanks to the digital currency, this part of the problem of economic crisis in 2008 is small but it is play its role

cryptobluemoon

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with growing popularity of bitcoin with more number of merchant acceptance and people holding bitcoin all these factors bitcoin is major economy booster

teleskopta

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Cryptocurrency has become a great market. The boom in the blockchain has made many people investing in stocks invest in cryptocurrencies. The cryptocurrency industry has become a new investment hotspot

ovcijisir

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🐪

Quote from: hsyncl on June 18, 2018, 01:52:58 PM

Within a year at the latest, bitcoin will have a very big prefix for the whole world. People see it as a trick right now, but they will regret it very soon that they do not know the value.

It is very optimistic, but we have to wait... I hope you are right about your predictions.

hsyncl

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Within a year at the latest, bitcoin will have a very big prefix for the whole world. People see it as a trick right now, but they will regret it very soon that they do not know the value.

safarabela

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Quote from: sham100899 on April 30, 2018, 03:35:24 AM

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 help to improve the economy, because bitcoin can provide a nice advantage and is very helpful in realizing a better economy.

Epimetheus

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Quote from: sham100899 on April 30, 2018, 03:35:24 AM

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 of course Bitcoin play a vital role in the economic. Sometime Bitcoin affects an country economy growth in a positive way and sometime it affects an country economy growth in a negative way. In country like japan Bitcoin work with their government to improve their country economy. Bitcoin support the cashless society agend which ultimately help to built a strong economic infrastructure. Some bitcoin shows its negative affect on the economic growth of a country due to this reason it is ban in some country. Bitcoin is directly affect an country economy by affecting the their country own currency value.

yatogami

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Quote from: sham100899 on April 30, 2018, 03:35:24 AM

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.

Nowadays bitcoin is rather a speculative asset than a way to improve the economy.
Once it stabilizes and is widely used as a method of payment it could then bring positive effects on the economies.
Still, I don't think that third-world countries will be the locomotive of this process, as there are too many problems to be solved in the first place apart from the use of cryptocurrencies.

luckyluigi

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Yes, one of the main reasons of negativism towards bitcoin in my country is, that politics would not be able to steal anymore, if bitcoin will take a handle.

Jessica2009

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I agree that Bitcoin plays a vital role in an economy in some countries government tries to ban crypto market because they do not understand what is Bitcoin and they doubt because this Bitcoin is a digital decentralized one and no other third party interfere in the transactions of Bitcoin . In developed economy the government agree with the transaction of Bitcoin they open the gates towards crypto world and that country will become one of the most developed country in the world.

shushu9977

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Quote from: sham100899 on April 30, 2018, 03:35:24 AM

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 plays an important role in economy. It creates many advantages and facilities. We know that Bitcoin is controled by no one. If government takes and thinks in positive way, it will be the Number one position very soon. Bitcoin is the most super-crypto-currency in the universe because of it has fast transactions, creating job sectors, plays vital role in economy, most secure, privacy etc.

bitbunnny

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WOLF.BET - Provably Fair Crypto Casino

I can't agree that Bitcoin has a vital role in economy. In.fact in most countries it doesn't have any kind of role at all. The reason for that is lack of regulation. To have some impact on economy in particular country Bitcoin should be formaly introduced through legislation and be fully accepted by businesses. I don't see that this is the case anywhere.
At the moment it's only part of unofficial, hidden economy and effects on society and individuals, or even some parts of economis system are not recorded anywhere.

kisscoin

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I also believe that cryptocurrency can change the financial situation of people! But it is not beneficial to the government, which is accustomed to put the country's money only in their pockets... They're trying to depreciate it, but I believe it won't work. Bitcoin will change our lives or probably already does!

no0dlepunk

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Bitcoin should be utilized the way it is written in its whitepaper. It doesn't make any sense if it will be open to the people without letting them know what it really is all about. They will just buy it and curse it once they crashed.

Mhd-Bobbi

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Quote from: Slow death on April 30, 2018, 06:18:15 AM

Quote from: sham100899 on April 30, 2018, 03:35:24 AM

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

Yes, you are right
According to government law in their country. they do not legalize crypto currency. because they have made laws according to the currency they design as a means of payment. I think this is just their common sense for their own interests in their government. because there are also some countries that legalize crypto as a means of payment. like in thailand. I am very supportive if all countries receive input from the people as we talked about today.

ejandjm18

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Bitcoin is the most popular form of cryptocurrency that enables digital transactions between two parties without the need of an intermediary. Every transaction is digitally recorded in blocks which act like ledgers and once a block is filled a new block is created. All blocks are connected to each other using hashtags and a linear chronological sequence of these blocks forms a blockchain. Thus, every transaction is digitally recorded to keep security at a top notch level. Though the transactions are recorded, the information of the parties participating in the exchange is not revealed. The money can only be tracked when it is converted into cash. This public way of managing transactions has created the possibility of a huge revolution in the banking sector across the world.

PerLasz

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It is always like that for bitcoin offers another chance to make the country economy better. It is just about accepting the fact that crypto are on the dealing of risk. Although risky the country should try if they want to take risk in order to have wider opportunity for economic growth.

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