Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?
While it can be said that bitcoin will become legitimate in most states. But whether he will become so in all countries, while speaking too early. Indeed, many states are not very friendly towards bitcoin and in general to the crypto currency, because it is uncontrolled and allows almost uncontrolled withdrawal of currency from the country. Bitcoin is too expensive and manifests itself as a financial bubble, which is very risky for investment in it from citizens of any state. Therefore, the crypto-currency for the state is not a very good phenomenon and is assessed ambiguously. 
Topic: Bitcoin will get legitimacy in all countries? - page 42. (Read 2868 times)
Inflation depends on the price of the commodities, demands, supplies etc. Bitcoin cannot effect the demands or supplies for any goods or services (allmost all). So, only the price is left out. But the price mostly depends on the demands and supplies. I don't understand how come Bitcoin effects the inflation. Yes, I agree BTC or other cryptos can effect the economy of a country but I don't believe it would be the inflation.
Hello. in my opinion, there are indeed many unknowns about bitcoin and many countries will reject the idea of legalizing bitcoin.
Bitcoin will not be a source of increased inflation. Because if countrymen wish to buy bitcoin; they will have to pay the fiat currency of their cournty. So the fiat currency will be pushed out of the circulation. So there will be shortage of currency.
Ultimate effect of decreased currency will be less purchasing power of the people of that particular country. So with the decrease in purchasing demand of goods and services will decrease ultimately this step will be deflationary not inflationary;
Hope the concept is clear
Above statement given on the basis that most of the people in most of the countries are buying as instrument of investment not as currency to buy goods and services.
Ultimate effect of decreased currency will be less purchasing power of the people of that particular country. So with the decrease in purchasing demand of goods and services will decrease ultimately this step will be deflationary not inflationary;
Hope the concept is clear
Above statement given on the basis that most of the people in most of the countries are buying as instrument of investment not as currency to buy goods and services.
possible, because the current beliefs bitcoin will increase.
slowly all countries that previously did not accept bitcoin, they may soon be admitting bitcoin and give legitimacy.
slowly all countries that previously did not accept bitcoin, they may soon be admitting bitcoin and give legitimacy.
I think Bitcoin will soon get legalized in all countries. Because Bitcoin Bitcoin prices are increasing day by day and its nationwide acceptance and growth is increasing
. The rate at which the price and demand are increasing. Bitcoin reduces the country's economy and reduces the per capita income and unemployment rate of the people of the country. So it can be taken nationwide.
. The rate at which the price and demand are increasing. Bitcoin reduces the country's economy and reduces the per capita income and unemployment rate of the people of the country. So it can be taken nationwide.
Hi guys
Can Crypto get big enough that it would be used to fund political campaigns and totally influence the way we make decisions in broader aspects of government?
Can Crypto get big enough that it would be used to fund political campaigns and totally influence the way we make decisions in broader aspects of government?
Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?
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