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Topic: bitcoin vs world economy (Read 2599 times)

newbie
Activity: 34
Merit: 0
November 16, 2018, 02:03:30 AM
Every country has an economy that develops in a different way. For Bitcoin, the impact on financial markets is huge. These may be effective solutions for boosting cryptocurrency worldwide.
Bitcoin is something that is able to improve the economy of the world and is not something that should be thought of as against the economy therefore the question is redundant.
sr. member
Activity: 882
Merit: 250
November 13, 2018, 03:30:44 AM
Hi everyone

I'm pretty new to all of this and thinking about buying some bitcoin.

I have some concerns about the world economy influence on bitcoin.

For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?

do you think Bitcoin is strong enough at this point to be self-sustaining?


thanks for the help

If US decide to put restriction on bitcoin, it will huge problem for bitcoin because america is one largest investor in cryptocurrency. But i do believe bitcoin still survive and self sustain because its decentralized system and every one still use bitcoin as store of value
cryptocurrency investors now not only from america.we 've see in any project american investors was restricted.asia maybe become largest investors and contributor to crypto market.so it doesnt matter if bitcoin restricted bitcoin.
significant or not  america has influence to cryptocurrency market.moreover they have SEC commision that very influential in each of their policy.so america has big contribution to this market.
newbie
Activity: 81
Merit: 0
November 13, 2018, 02:26:22 AM
I think that it is not "VS" but it is "together" or "for" because BTC starting to play a very  important role in changing future economy as well as the whole crypto.
I agree that bitcoin is not an enemy of anything, but complements to make this world a better place. So that the economy becomes more efficient and equality between countries because bitcoin removes the stigma of currencies from developed countries or poor countries. Bitcoin makes everything the same.
newbie
Activity: 20
Merit: 0
October 13, 2018, 02:33:29 AM
Every country has an economy that develops in a different way. For Bitcoin, the impact on financial markets is huge. These may be effective solutions for boosting cryptocurrency worldwide.
member
Activity: 840
Merit: 10
October 13, 2018, 12:39:08 AM
Hi everyone

I'm pretty new to all of this and thinking about buying some bitcoin.

I have some concerns about the world economy influence on bitcoin.

For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?

do you think Bitcoin is strong enough at this point to be self-sustaining?


thanks for the help

If US decide to put restriction on bitcoin, it will huge problem for bitcoin because america is one largest investor in cryptocurrency. But i do believe bitcoin still survive and self sustain because its decentralized system and every one still use bitcoin as store of value
legendary
Activity: 2534
Merit: 1338
October 12, 2018, 07:16:51 PM
Hi everyone

I'm pretty new to all of this and thinking about buying some bitcoin.

I have some concerns about the world economy influence on bitcoin.

For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?

do you think Bitcoin is strong enough at this point to be self-sustaining?


thanks for the help
Look, holding cryptocurrencies is very risky, there is no guarantee that you are going to make money in this market, so if you are not truly convinced of the capability of bitcoin to withstand anything that the government may try to do to it, it is better for you to stay away from this market until it becomes more popular, because the people that invested with your mentality are precisely the ones that lost money.
member
Activity: 308
Merit: 10
Swipe!
October 12, 2018, 04:54:49 PM
I think that it is not "VS" but it is "together" or "for" because BTC starting to play a very  important role in changing future economy as well as the whole crypto.
member
Activity: 406
Merit: 19
October 12, 2018, 03:16:18 PM
Bitcoin is the best solution that is ignored by governments and rotten politicians they are complete, don't understand in analyzing the economic condition of their citizens. In my opinion, bitcoin is the answer to what its citizens need right now?
Basically bitcoin is good, but everything goes back to the mindset of governments in their respective countries, if they are more loyal to their citizens maybe bitcoin can be used as the main source of income for all citizens and vice versa if their mindset is negative, I guarantee! They can never make their citizens rise from adversity.
hero member
Activity: 1078
Merit: 501
October 12, 2018, 02:16:15 PM
World economies may be affected by bitcoin but not in much quantity and bitcoin is good for those who are unemployed if they have talent and skills they can make money with it and t is good for capitalist also because they can make money with their capital so on the other hand crypto is for every one for individuals for business man and for every one who can use it.

Bitcoin cannot affected the world economy directly but yes bitcoin may affect it in other ways, I just hope that time will come and bitcoin can also be able to consider as a digital currency in the future.
It is not only currency but it is the best source of earning for a lot of people now, so it is best time to invest as we are aware of bitcoin benefits, it is taking good part in putting out country on track of success and development, it is making high progress in my country because it made people employed and has given them better lifestyle, so I think bitcoin is importance to make world’s economy well developed.
sr. member
Activity: 588
Merit: 256
October 12, 2018, 10:09:19 AM
I see that there is no meeting point about how much the role of bitcoin for global economic growth, even in the G20 conference meeting attended by several countries, it has not shown strong enthusiasm that supports the existence of bitcoin. I think bitcoin will grow on its own to advance the economy individually but not globally.
jr. member
Activity: 294
Merit: 1
Staker.network - POS Smart Contract ETH Token
October 12, 2018, 09:43:43 AM
World economies may be affected by bitcoin but not in much quantity and bitcoin is good for those who are unemployed if they have talent and skills they can make money with it and t is good for capitalist also because they can make money with their capital so on the other hand crypto is for every one for individuals for business man and for every one who can use it.

Bitcoin cannot affected the world economy directly but yes bitcoin may affect it in other ways, I just hope that time will come and bitcoin can also be able to consider as a digital currency in the future.
full member
Activity: 616
Merit: 100
FRX: Ferocious Alpha
October 12, 2018, 08:55:40 AM
Hi everyone

I'm pretty new to all of this and thinking about buying some bitcoin.

I have some concerns about the world economy influence on bitcoin.

For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?

do you think Bitcoin is strong enough at this point to be self-sustaining?


thanks for the help
I think not enough, bitcoin need many country to accept bitcoin as their currency, bitcoin will strong and i think bitcoin will help economy in any country if many country used or invest in bitcoin. This year china banned bitcoin and some country and bitcoin price is going down.
member
Activity: 156
Merit: 10
October 12, 2018, 08:16:48 AM
Bitcoin is evolving, and as popular as it seems, we are still at the early adoption stages. It will certainly revolutionalize the world's economy by changing the  game for the government and people of the world.
Yes I agree. Bitcoin become stronger. It can make  big changes to our global economy.  I think government should adjust in this circumstances.
member
Activity: 116
Merit: 10
October 06, 2018, 03:17:04 AM
 
The bitcoin price is a bit tied to the stock index, if there is a panic in the stock market, then the bitcoin price will fall.
newbie
Activity: 40
Merit: 0
October 06, 2018, 02:41:18 AM
Bitcoin is considered the Uber of the World's virtual currency: the largest and best known, but not the only one. There are also Litecoin, Monero, and all other virtual currencies. The total value of virtual currency currently floating on the Internet is $ 100 billion. This is equivalent to the current GDP of Morocco, the 60th economy in the world. The operation of virtual currencies is not controlled by the government and banks.
full member
Activity: 378
Merit: 100
October 06, 2018, 02:19:21 AM
World economies may be affected by bitcoin but not in much quantity and bitcoin is good for those who are unemployed if they have talent and skills they can make money with it and t is good for capitalist also because they can make money with their capital so on the other hand crypto is for every one for individuals for business man and for every one who can use it.
sr. member
Activity: 406
Merit: 251
October 06, 2018, 02:18:28 AM
Currently BTC is still very weak compared to the world economy. but I am sure that someday BTC will be able to control the growth of the world economy. this is because btc is very easy to transact between countries without interference from other parties.
hero member
Activity: 854
Merit: 501
October 06, 2018, 01:25:31 AM
Hi everyone

I'm pretty new to all of this and thinking about buying some bitcoin.

I have some concerns about the world economy influence on bitcoin.

For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?

do you think Bitcoin is strong enough at this point to be self-sustaining?


thanks for the help

Bitcoin is sufficient enough to handle its own obligations,but if you are only concerns abiut US restrictions then we don’t care about that because we’re from other region and US restrictions wont affect our locations

But you being US citizens then be ready about his because this is a serious concern
Only US citizens will face with this because other than US almost all the countries have convenience of Bitcoin to their people. Restrictions will do nothing but may be some investors left this as it is decentralized so there is no right of everyone to make some restrictions. If government cares about other issues related to the Bitcoin then they should solve those issues rather than restricting things here.
There is no trouble for governments of countries where the Bitcoin is legal but they can get the benefit of it too as we have clear example of Germany. They accepted the crypto coins and now they made rapid actions towards it by making it common as payment mode besides which banks are paying their loans through the Bitcoin so these are the ways through which government can boost economy.
jr. member
Activity: 127
Merit: 1
October 04, 2018, 01:39:49 AM
I am sure that someday bitcoin can be a solution for a better economy even though bitcoin is still controversial and there are so many obstacles that attack bitcoin that makes bitcoin very difficult to become a world economy
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
October 03, 2018, 07:04:39 AM
I read the  US once banned people from keeping precious metals like gold, was that decision right? Ofcourse not. Did it stop the citizens from holding gold? I doubt. People must have created means to hide and use their gold as a result of the policy.
Same thing will happen if Bitcoin/Cryptocurrency is banned by any government. There is nothing immoral about using Cryptocurrency. It is merely a currency which People could use positively or negatively just like any other thing
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