Topic: bitcoin vs world economy - page 13. (Read 2599 times)
Bitcoin is strong as hell, so no bans kan stop it buddy, US or any other country won't totally ban cryptos because after all they are no dumb people right. those countries who are banning in maybe confused about something, and has thwir own game in mind. other wise crypto currency is the future .
The government cannot prohibit people from using Bitcoin. If this were possible, they would have done it already. States need to compromise, and to put up with the cryptocurrency.
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 the US decides to impose a restriction on the use of bitcoin, this, of course, will strongly affect it, especially for users in this country. However, it will be used even now under any circumstances. This is roughly the same as the US issued a decree banning the use of the Venezuelan digital coin El Petro. Who wanted to buy, he bought on other international exchanges. So it will be with the restriction against bitcoin. You can not prohibit already what exists on the Internet. 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
Us government is planning to look after bitcoin and impose tax on it. This can be a restriction for bitcoin. But, if we talk about imposing tax, it will be good in the long term. ???Because, there're a lot of people who hardly relies on crypto currency. So, imposing tax will give ooportunity for the investors to rely on it.
Well, Bitcoin is just a vehicle and it depends on the users that will determine the future of it. I believe that Bitcoin/blockchain will definitely emerge as a solution for the time-consuming problems of the real world but let's admit the fact that there are some obstacles during the path of development and we should give some time for it to improve and sustain. It would be far early to measure success or failure at this stage.
Bitcoin decentralized, and the USA to visit the most economically developed country in the world. Yes, there are all the rich and the world's major exchanges, but now it is Asia at the forefront of the economy. Therefore, even ecли the US and ban, the main thing is that such countries as Japan develop cryptocurrency.
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?
If a country that contributes a lot in Bitcoin market will have a restriction, lets say it will ban banks from dealing with it, that will have a huge impact with the price of Bitcoin because people will not be able to use their bank accounts to buy and sell Bitcoin but this doesn't mean that Bitcoin will be over, you have to know that it is decentralized so even most countries will ban the use of Bitcoin, it will still exist but of course the price will drastically drop as demand decreases from countries that banned it. Anyways this is just an example and I think that this is very unlikely to happen in USA because they already made Bitcoin and other cryptocurrency a commodity. do you think Bitcoin is strong enough at this point to be self-sustaining?
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 not actually enemy of economy infact bitcoin can lift the country's economy which who supported him. I know that we will go far away bitcoin will be the key to successions of every country that will supported him. You will understand it just read.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
First of all you should know that
Bitcoins can't ever be wiped out but their value can for sure decrease and force it to get undercover and operate through people away from the government eye's
Also US is not thinking about that right now also if they are going to put a ban on Bitcoins then they need to put ban on many other coins if they are thinking of tackling this billion dollar industry but you know what ? It's too big for it to be completely wiped out.. there will always be some somewhere who will be supporting it.
Also it's hard to tackle down this big industry and make it disappear suddenly , it will be more or so gradual so don't worry.
Bitcoins can't ever be wiped out but their value can for sure decrease and force it to get undercover and operate through people away from the government eye's
Also US is not thinking about that right now also if they are going to put a ban on Bitcoins then they need to put ban on many other coins if they are thinking of tackling this billion dollar industry but you know what ? It's too big for it to be completely wiped out.. there will always be some somewhere who will be supporting it.
Also it's hard to tackle down this big industry and make it disappear suddenly , it will be more or so gradual so don't worry.
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 not actually enemy of economy infact bitcoin can lift the country's economy which who supported him. I know that we will go far away bitcoin will be the key to successions of every country that will supported him. You will understand it just read. 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
The world economy status is depends on the growth of the education and technology so which country is friendly in these two things that country is maintain a top position in the world.
But bitcoin growth is depends on the investors that means supply and demand of the crypto market.
But bitcoin growth is depends on the investors that means supply and demand of the crypto market.
Bitcoin cannot sustain itself even today when bitcoin's price is very high. When you ban the countries that contribute to bitcoin's continuous success, bitcoin will fall eventually. Because it is still dependent on people's demands and preferences. And even though bitcoin has made a reputation on the world, majority of our population is still clueless on the things about cryptocurrencies and how they work. And another thing, bitcoin is mostly dependent on the world's economy. It rides the waves of the economy of each country and depend on people's success.
Bitcoin and world economy is really different to each other because they have their own purpose to act. Bitcoin is a currency that we can use to transact online by using it as a means of payment and it assisted the world economy. They are only related to each other .
The USA is a big player on the market of crypto currencies, just like China, so every change, especially negative one, towards cryptos in this country affect the whole market. Bitcoin simply can fall apart after such shakes, the price may fall deeply and it will need much more time for recovering. And because of many countries take the US as economical model as the example they may follow States in everything towards bitcoin and after that bitcoin may not ever recover itself at all, if you understand what I mean.
Bitcoin is one of the most highlighted virtual currencies of the last two thousand and seventeen years. This is because the digital money created by Satoshi Nakamoto has a very wild price movement.
bitcoin is very influential for the world economy and bitcoin is growing rapidly, world economy is also not running on the one hand, and it is divided into each of the world's economic and bitcoin
I think that bitcoin is not enough strong yet, but it becames more and more strong with all those people comming here with their will!
Many people come to BTC with a goal to change their lives, including me, I always expect that I can earn a lot of money to care for my family, to take care of my life. So I always try to invest in BTC with the experience learned in the market. I believe the BTC market always contains terrible revenue potential that many people do not know about.
It depends on how much US people are holding in their Bitcoin form. As far as I know US must be holding more than sufficient amount of money in bitcoin's which can drop the bitcoin's market by almost 30-40% or who knows may be more than that!
So answering to your question in word I would say Yes, it will affect the bitcoin world dramatically. In other words it depends on the holdings, how people will react about the situation, whether government will allow time for people to convert their money back into fiat or whether the funds will be ceased by government! There are many factors that can happen and they can affect accordingly.
So answering to your question in word I would say Yes, it will affect the bitcoin world dramatically. In other words it depends on the holdings, how people will react about the situation, whether government will allow time for people to convert their money back into fiat or whether the funds will be ceased by government! There are many factors that can happen and they can affect accordingly.
Due to mine past experience. Bitcoin have face a lot of FUD from the Chinese, Bangladesh, Bolivia, Ecuador, Kyrgyzstan, and Nepal. Bitcoin later overcome those mention countries negativity but one thing is sure if the US decides to put restrictions on bitcoin, there will be dump in price sooner or later the price will bullish. However, the US government love and respect modern technology so i don't see any reason for them to such a thing and the only thing they can do it to monitor any fraud or illegal transaction.
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'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
That's why Bitcoin was designed as a decentralized system.
No nation state on this planet can stop Bitcoin. Laws will not stop people from buying it underground. Furthermore other nations will embrace it instead of attacking it.
Bitcoin has survived the last 9 years and has reached some significant size now. And it will continue to grow (there's more and more interest from institutional investors who what to buy in). In terms of the technology, the mining finally sees some great competition coming in, the second layer gets build out and will probably bring a complete new wave of innovation and businesses.
And of course attacks against Bitcoin will continue. But this is good, this is how we learn and get battle hardened and makes as a community and the protocol, technology more resilient.
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