Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?
Topic: Can bitcoin improve the economy of a country? - page 12. (Read 52300 times)
Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?
Bitcoin can improve the economy of a country. However, the government will have to take several steps. If the nation is educated then it is possible to improve with Bitcoin.
I agree, bitcoin has been proven to help many people succeed and help from poverty, if the state wants to be concerned with bitcoin then the people will feel tremendous benefits.
bitcoin into their society.
Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?
Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?
Yes of course there is possibility for the bitcoin network to improve the economic status of a country by providing a source of income to the unemployed and an additional source of income to pay out day to day expenses of the working people in fact this network has the capability to eliminate poverty which ultimately improves the economic standards of the country.
Bitcoin can improve the economy of a country. However, the government will have to take several steps. If the nation is educated then it is possible to improve with Bitcoin.
I agree, bitcoin has been proven to help many people succeed and help from poverty, if the state wants to be concerned with bitcoin then the people will feel tremendous benefits.
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Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?
Yes, Bitcoin can improve the economy of a country because you can get a big salary here and lessen the unemployment of a person so no one can be poor.
Truth,bitcoin is giving a chance to people to have work and to have profit even you just stay at home so there were people before who are unemployed but now earning much more than the salary given by the government or private company . 
Certainly can, bitcoin has been shown to improve the public welfare and users who have bitcoin, if the country concerned with bitcoin then I guarantee that the country's economy can be improved.
In my opinion Bitcoin contributes improvement of a country because it helps the people in their financial.needs once they join the group, join their signature campaign so that they can earn money to use in their daily needs.
When bitcoin becomes legalized in a country, the economy will experience a boost because btc is an asset. Unemployed people will also be given the chance to earn and invest which can help the economy. However, it can be risky due to the fluctuation of prices which can make the economy good or bad.
Yes, definitely bitcoin can play a substantial role in changing the economy especially when its use becomes legitimate. Legitimate, in a sense that, there is recognition in every State of every government body honoring its existence. If it happens, it can pressure everyone in the banking industry to bring down costs for banking transactions in order to stay competitive.
I don't think so, bitcoin can improve the financial status of its user but not the economy in general. Other country banned bitcoin because they can't impose taxes from it. So, how can it improve the economy of one country. Then, it should be legalized world wide to help the economy of every country.
Yes it can happen. Because today bitcoin is very popular, no longer anonymous as before. So on YouTube and Google there is a lot of information on how to make money from bitcoin. All ages from young to old can enter the market and have money to make huge money. Thus the economic development thanks to bitcoin is real. I hope that unemployed people will join the market to improve the economy.
It is a tricky statement, until the volatility craziness phase is done, you can not base a country economy on this type of asset. When the maturing phase commences, it could be a proper hypothesis.
I think yes. By holding bitcoin you can increase your earnings. Every year the value of bitcoin always increases. If many people in the country have bitcoin will increase their assets. Increased assets can lead to increased consumption in the country thus accelerating the country's economic growth. Thus, indirectly bitcoin can improve a country's economy.
Bitcoin can improve the economy of a country. However, the government will have to take several steps. If the nation is educated then it is possible to improve with Bitcoin.
I agree, bitcoin has been proven to help many people succeed and help from poverty, if the state wants to be concerned with bitcoin then the people will feel tremendous benefits.
Yes, Bitcoin can improve the economy of a country because you can get a big salary here and lessen the unemployment of a person so no one can be poor.
Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?
Bitcoin can improve the economy of a country. However, the government will have to take several steps. If the nation is educated then it is possible to improve with Bitcoin.
In my opinion, yes bitcoin is contributing some improvement to the economy of a country. Yes, bitcoin is not controlled by the government, but people how are gain bitcoin and converting it to a real money to use it into their daily expenses I’m sure that I will contribute to improving the economy because I know that in every country has their own added taxes. To that point, bitcoin is also, helping the economy of a nation but in different ways.
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