bitcoin vs world economy - page 2. | Bitcointalksearch.org

YOSHIE

legendary

Activity: 2128

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Quote from: TomFord593 on May 20, 2018, 10:00:12 AM

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 Although there are risks associated with usage, Bitcoin can expand the possibilities of economic activity and redefine how e-commerce is done. Although it is important to be aware of the risks and implications of using technology, especially from a government perspective. It remains to be seen whether international consensus will emerge in the face of fiscal risks and related legal issues in the use of bitcoin. I think this is a positive thing for the government (US). United States of America.

<> As the global economy increases, the world is supported by highly sophisticated digital technology, the need for society for bitcoin will be faster, ease in access and security of financial transactions, which is very fast. So that a payment system that is quite reliable and easy for Bitcoin is needed, this is a sign that bitcoin can be classified as independent.

Conclusion:
Bitcoin does not negatively affect the world economy, it is more positive about the wider community, especially Bitcoin users, so you don't hesitate to invest in Bitcoin.

biskitop

full member

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quite strong, bitcoin is decentralized and no one is able to stop the circulation of bitcoin supply in the global market. unless the country closes the bitcoin exchange site to fiat or blocks the flow of connections to the bitcoin wallet, it will make the situation less good.

PlusOne88

member

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“Tackling Climate Change Using Blockchain”

Based on the current events and as what I have observed, the world economy can have an impact to bitcoins usage and volume as it may affect its price. Bitcoin serves as the secondary tool for moving money aside from bank to bank transactions or just directly handling it over. It is limited in volume and is dependent upon usage for pricing. Bitcoin may somewhat be considered a stand-alone currency yet it is still based on fiat and any change in the world economy affecting fiat also affects the cryptocurrency world. Bitcoin is strong and there is no need to really think about it negatively. You can always start investing

sinkfish

jr. member

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Quote from: roadwell890 on May 21, 2018, 07:18:40 PM

at the time of the G20 conference, a number of countries proposed to discuss cryptocurrency,
then, when the discussion begins, it turns out cryptocurrency is not so strong in the eyes of the world,
crypto market is only 1% of the total world economy

it wont take their interest at this moment, not until when its too late where almost every one is using it.

rasp

hero member

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Quote from: TomFord593 on May 20, 2018, 10:00:12 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

Even if the US put certain restrictions on bitcoin it will continue circulating in other countries - Canada, European and Asian states, and don't forget the increasing interest in crypto in Africa. Btc will definitely not fall apart, so you can feel safe about your investment in bitcoin for at least several upcoming years (or even decades).

esetop01tryba

jr. member

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The world economy has been developing for centuries, and bitcoin is only 10 years old ! And that would capture Lord in this world, he will need some time, of course not century, so as technology in our time rapidly develop but would still time need!

Chrisjay29

full member

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I think its pretty bad to say versus between bitcoin and world economy. Because bitcoin is very helpful to the economy. If you notice he give poor to be rich and the things that you cant buy before now you can buy it because of bitcoin.

richmcrich

hero member

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Quote from: carlisle1 on September 25, 2018, 07:53:15 AM

Quote from: TomFord593 on May 20, 2018, 10:00:12 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.

reda

sr. member

Activity: 910

Merit: 260

Bitcoin is a future digital currency. It changes the most of the people lifestyle. Now Bitcoin is part of the people. So people believe the bitcoin and invest a long time. The economy is part of the county. If people will be growth country economy and country also growth. It a good future investment. The economy is connected to the all country business. So it helps to people growth and get more project work for the future purposes

Iwillgotothemoon

member

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Yes, the current cryptocurrency is still growing, and he is still very small. But the future cannot be ignored. No one can predict the future of cryptocurrencies, but I know that the dollar is most worried about cryptocurrencies.

carlisle1

hero member

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Quote from: TomFord593 on May 20, 2018, 10:00:12 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

Btcmaeng18

member

Activity: 156

Merit: 10

Quote from: Ishiro5 on May 21, 2018, 07:50:50 PM

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.

Tatsuyashiba

jr. member

Activity: 147

Merit: 1

Quote from: TomFord593 on May 20, 2018, 10:00:12 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

in my opinion lately BTC is against the world, because of the many government regulations that have begun to offend or even prohibit BTC in their countries, I don't know what their real reason is, but in terms of security or to transact BTC it has to be strengthened again, so that in the future the community more trust and we will talk about, world love BTC

blackbold

full member

Activity: 384

Merit: 100

Quote from: TomFord593 on May 20, 2018, 10:00:12 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 it is very little influence of government restrictions on bitcoin even though there are a little of its impacts, but this impact is not directly related to bitcoin, but through investors which is a major factor in bitcoin price movements

orayorayan2

newbie

Activity: 126

Merit: 0

bad possibility that might happen, but it doesn't happen yet and only becomes your fear, before you decide to join cripto, one thing that you have to prepare is your mental maturity, how can you survive on crypto if you just enter you already feel fear, vigilance is allowed, but do not make us parno, how can we move if you just start to fear a lot

Lexurdania

member

Activity: 840

Merit: 10

No one country can prohibit or ban bitcoin because bitcoin is decentralized cryptocurrency. There is no CEO or marketing and data transaction spread on the world in every miner computer. Bitcoin can help world economy by using it as global currency because it more safe and bitcoin have secure network.

Akmal9603

newbie

Activity: 80

Merit: 0

bitcoin is one of the means of payment that is the subject of conversation and debate in various countries, but, I think bitcoin will continue to penetrate things like that, bitcoin will remain strong, bitcoin will remain trusted by the community, and it is possible, in a few years In the future, government agencies will make regulations regarding this bitcoin.

Xisunheber

newbie

Activity: 71

Merit: 0

It has sustained itself so well from last 9 years. Hackers, manipulators, regulators government and many more have tried to bring it down, but it has always proved its worth. And I don’t think economy has any affect on Bitcoin, neither Bitcoin’s adoption is strong or huge enough to affect the world economy. so go ahead don’t worry about such restrictions.

Mamahmuda22

newbie

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Quote from: TheClownSong on September 08, 2018, 02:19:40 AM

Bitcoin already survive for 9 years after created. Most country in the world ban bitcoin and think bitcoin is used for illegal activity. I think if america ban bitcoin, it dont give big impact for bitcoin because many big country still accept bitcoin.

they, especially the SEC didn't even take a stand to ban it completely until now, they just warned against acting as real transactions, and ico's investments, I'm sure they also pay attention to every proposal put forward by ETF and many things about bitcoin, I think they also want to submit active regulations even if they don't understand how.

googs84

sr. member

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Merit: 256

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Quote from: Incodium Coin on August 28, 2018, 10:02:08 PM

What people don't/should understand is that BTC and other altcoins are part of the world economy. Can't be against sth you're part of.

This is one liner statement but it does have some sense in it. The guy ( I guess) is saying that crypto currencies are no different than the real world assets which contributes to the economy in similar manner as if it is currency, product, services or some commodity in the real world. I guess it in nothing but truth and we should not be comparing the BTC in negative way when it comes to the effects of crypto currency and economy of the world. Also note that BTC and altcoins do hold very tiny amount of economic factor so I barely doubt that it has got any effects on it if you ever wanted to compare it. Wink

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