bitcoin vs world economy - page 3. | Bitcointalksearch.org

people12345

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Quote from: TomFord593 on May 20, 2018, 09:00:12 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 enough to say that bitcoin can be self sustaining since cryptocurrencies were long lasting in terms in our industry. It is so much proven that bitcoin would be more long lasting in our economy. maybe some country would put restriction on using bitcoin because there are some instances that could affect economy that turns in bad. For US, i think bitcoin and world economy will be team up and resolve the main problem of the world economy. bitcoin will be the one who resolve the problem of whole world economy.

TheClownSong

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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.

Duogembrot

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bitcoin and the world economy for now bitcoin is still a matter of consideration for many countries because the current condition of bitcoin prices cannot be stable and cannot be used for all countries.

Choyor

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The world economy and Bitcoin are related, I'm not sure of that. How can I, I feel ineffective when there is an increase and decrease in prices and good and bad market conditions, will greatly affect economic stability. I think Bitcoin will still be a strong independent.

emailly

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Bitcoin which is a virtual currency is an economic choice in investing.

Chotamobanhe

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There will have huge investors to come into bitcoin. Maybe even the big businessmen in our time will enter to crypto. So that will means crypto and world economic will have a good future. There should have a perfect partnership of bitcoin with crypto.

Barbut

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Quote from: gambitcoin53 on August 29, 2018, 03:56:10 AM

Quote from: TomFord593 on May 20, 2018, 09:00:12 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 today, it is not only america that is restricting it, almost major part of the world's country are not yet open into crypto and bitcoin specifically, and yet crypto world is blooming and gaining more popularity and patrons, even if america is an influencial country as far as economy is concern, still bitcoin has emerged from just being a digital currency to a common currency all over the globe, bitcoin has proven us all that it is ever growing and self-sustaining currency.

Even in the way you said it, its other way around, bitcoin is the one that have influence on global economy. Bitcoin appeared only 10 years ago and already have so many supporters, even couple countries give it legislation. As crypto community grows, that crypto influence on global economy will rise, until crypto replace economy we know. That sounds like a big dream, but very possible dream, it may come true very soon.

gambitcoin53

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Quote from: TomFord593 on May 20, 2018, 09:00:12 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 today, it is not only america that is restricting it, almost major part of the world's country are not yet open into crypto and bitcoin specifically, and yet crypto world is blooming and gaining more popularity and patrons, even if america is an influencial country as far as economy is concern, still bitcoin has emerged from just being a digital currency to a common currency all over the globe, bitcoin has proven us all that it is ever growing and self-sustaining currency.

patarfweefwee

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I think if the US bans crypto currency ( which i doubt they will ) then people will still trade crypto currency and cash them out outside of the US. World economy wise, crypto currency is an avenue for average joes to produce wealth. This wealth is pumped into the local economy boosting it even more. I think crypto currency will be big given time to grow.

aryatrals

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Quote from: roadwell890 on May 21, 2018, 06:18:40 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

cryptocurrency is only 1% of the world economy, but you have not yet realized that the very high leap experienced by cripto users, without us realizing the world is now changing the payment method that is still conventional and still fragmented between countries, but with crypto all boundaries between countries are no longer an obstacle,

once every currency has a different value depending on the strength of the country, it will not happen with bitcoin, the value of bitcoin is all the same everywhere, now there is no conventional currency that can do that. so in the future the world of commerce really needs such a medium of exchange.

Incodium Coin

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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.

jack wira

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Mereka para ahli ekonomi membuat forum seperti bitcoin rasanya bukan untuk tujuan merusak atau bersaing dgn uang dunia bisnis cripto ataupun bitcoin sejalan dengan perkembangan zaman mungkin saja satu satunya pilihan supaya masjarakat ada pilihan berkreasi yg tujuannya ubtuk kemakmuran.

manismanja

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I think bitcoin and the world economy will not be able to become opponents, I make sure they will join in the future and be mutually beneficial and I believe bitcoin can be one solution to the problems of the world economy.

Rhosadah

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but the world economy can influence bitcoin as it is today where there are several countries experiencing economic or financial crises, crypto communities in that country can influence their trading crypto regularly, if the world economy improves I think crypto will fly again

setialovers

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Its hard for country put restriction on bitcoin because bitcoin is decentralized. Anyone can make transaction using bitcoin peer to peer. If crypto adoption become mass, i am believe bitcoin or cryptocurrency will good for world economy because tourist will more comfort carrying crypto rather than paper money

HSRP

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Quote from: umbara ardian on August 24, 2018, 05:26:20 AM

bitcoin is currently still a matter of controversy and there are so many obstacles that attack bitcoin that makes bitcoin very difficult to become a world economy, but I'm sure someday bitcoin can be a solution for a better economy.

Currently some places are still unknown to electronic money. And some places are banned and unacceptable. Letting it affect the world economy needs more time. And I believe in the future it will do that and it certainly is.

tazmannia

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Quote from: TomFord593 on May 20, 2018, 09:00:12 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 don't think you should worry about the government, let alone America. For your country, bitcoin is an opportunity to hide money from taxes. It is a fact. A lot of influential people keep their money in bitcoin, so do not worry if you need to go to another country and cash your money there.

winstonchurchillwar

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Bitcoin is still young to compete with the global economy but as it gets stronger it can threaten it .

redsun114

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Quote from: TomFord593 on May 20, 2018, 09:00:12 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

Everything that has to do with bitcoin and other cryptocurrencies is all about the people that are involved in it. So even if the US decides to put restrictions on bitcoin today, I think it will only apply to those that are living in the US and not those living in other countries like Russia, Japan, Sweden etc.

So as long as those whose governments approve the use of it continues to make use of it and invest in it, then it will continue to live. It’s all about the people.

BrianDCampbell343

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Bitcoin is not associated with any government, but rules can directly affect how the system works. Decisions involving crypto may cause Bitcoin prices to increase or decrease. Bitcoin can always fluctuate in price, but bitcoin will always exist and grow further

Topic: bitcoin vs world economy - page 3. (Read 2599 times)