Topic: Can bitcoin improve the economy of a country? - page 13. (Read 52300 times)
Bitcoin can improve the economy of a country because bitcoin is a asset. If the government will acquire more assets like bitcoin, the taxes on the workers and in products will be less that will help the economy. The profit from assets will be used in projects instead of taxes.
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 obviously I believe that bitcoin can improve the economy. Its can be any countr y, nation and person. Because it is a profitable coin.
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. Because many country's adopt this kind of investment in bitcoin currency. And many of them are successful of this investment.
For now it doesn't improve nor make worst our economy. In short, it doesn't have an effect to our economy. Because Bitcoin is not the basis of wealth of a certain country, because it is not world widely accepted as currency. It just change people lives by making them millionaires once they hold them for a long time.
I agree, bitcoin influences the lives of people, and not on the life of the country...but since people live in countries and make purchases in countries - the state budget receives a certain percentage of this...so we can say that the economies of the countries are also developing
For now it doesn't improve nor make worst our economy. In short, it doesn't have an effect to our economy. Because Bitcoin is not the basis of wealth of a certain country, because it is not world widely accepted as currency. It just change people lives by making them millionaires once they hold them for a long time.
Bitcoin can have the advantages and disadvantages of a country's economy because it can destroy or build a country in terms of economy. What you say is true that bitcoin can change the economy of the country and also because the country has many bitcoin users, just draw a simple example of this if there are many users of bitcoin money circulating through online banking in the country so that your country's economy will increase. Sooner or later almost everyone will receive cryptocurrency. The advantage of bitcoin is that you are the one who controls your money and one weakness I can expect is that it can make local banks go bankrupt in the near future because everyone will convert their material money into digital money and they will benefit different. at a local bank
As what i have been noticed about the history of bitcoin. I really agree that bitcoin also helps improve the economy of a country, because on it's high value, even bitcoin is not legally endorse any government agencies, but still bitcoin can distribute income to government.
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, if the country legalizes bitcoin and provides tax for every bitcoin transaction. That way bitcoin can help the economy of a country.
Yes it can improve the economy of the country imagine that all the people on thar country is using bitcoin.
I think it really hard, Bitcoin can bring people more money but it dont contribute much to the national budget.
My point of view about improving the economy of a country through bitcoin is not logical point as everyone aware of bitcoin contribution in the financial sector still bitcoin is very small to bring such revolution. But also we have to accept that bitcoin improve lot of people economy in their life.
Yes, in my country bitcoin helped a lot of unemployed people to earn. But unfortunately a lot of people here are uneducated and doesn't know how to speak english and even use smartphones nor computers. But above all bitcoin improves economy by giving opportunity to many people that are jobless.
Unemployed people are having difficulty making investments, but those who are business owners are investing in their salaries. In addition, people with regular income earn much more. My impressions are like this. I still do not understand that Bitcoin is an effect on unemployment.Cryptocurrencies are disruptive economic innovation that have the potential to revolutionize the current economic structure and change how banks and financial institutions operate. Bitcoin is the most popular form of cryptocurrency that enables digital transactions between two parties without the need of an intermediary.
Correct, it will improove the wealth of every individual who own bitcoin. No inflation but a deflation, but I don't know it is good or not. I personally choose gold instead of bitcoin, but choose bitcoin instead of cash. 
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?
I think itse a yes because we all know that the value of bitcoin is really high. So if there's a lot of people in one country using bitcoin it is possible that ut can help to the economy to grow. Also it xan inprove the ecobomy because every people who lives there has a job and less consumable for the governance to use a lot of money.
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?
Cryptocurrencies are disruptive economic innovation that have the potential to revolutionize the current economic structure and change how banks and financial institutions operate. Bitcoin is the most popular form of cryptocurrency that enables digital transactions between two parties without the need of an intermediary.
Yes, in my country bitcoin helped a lot of unemployed people to earn. But unfortunately a lot of people here are uneducated and doesn't know how to speak english and even use smartphones nor computers. But above all bitcoin improves economy by giving opportunity to many people that are jobless.
Unemployed people are having difficulty making investments, but those who are business owners are investing in their salaries. In addition, people with regular income earn much more. My impressions are like this. I still do not understand that Bitcoin is an effect on unemployment.Of course, bitcoin has made many people earn even a new rich person, of course the effect is they can improve the country's economy, if the state legalizes bitcoin then the impact is greater than it is now.
Well, bitcoin is hiking up has provided many a great opportunity to earn through it. Because of it many of them earning a great amount, and that is having a great impact on improving a country's economy as being in an international currency it flows in the domestic economy thereby boosting it up...Jump to: