Can bitcoin improve the economy of a country? - page 28.

lesfrigosa

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Quote from: BartS on November 05, 2017, 04:06:55 PM

Quote from: Activitycoin on October 30, 2017, 11:04:47 PM

Quote from: sana gull on October 28, 2017, 04:17:56 PM

Quote from: Raufjoze on October 25, 2017, 11:52:19 PM

Quote from: prass tyo on May 03, 2017, 12:19:15 PM

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 only changes the economy for its users, if for the country level is still far away, the example of Indonesia, bitcoin users a lot, but not yet changed the Indonesian economy, only change the user's economy only.

No I think you are wrong about bitcoin that it doesn’t change the economy to a country it only change the economy of a person from we observe that if a person economy become good so this is also a good thing for government because they will not work for that person to make his/her life because that person doing it own way.

Yes I agree with you this is a question now a days countries are going to accept bitcoin so the question is why they are going to accept bitcoin because they know that bitcoin can play a big role in their economy as we know that bitcoin reduce unemployment in many countries so there is no doubt that bitcoin can play a role in economy.

The bigger benefits of bitcoin are going to be for those countries that are early adopters, since they are going to receive huge investments and may receive even tourism from people that want to spend their bitcoins however as bitcoin becomes more mainstream and it is accepted all over the world those benefits are going to disappear as now you will be able to use bitcoin everywhere and not only in those countries.

I agree with you if the bitcoin members are going up in a country then there salaries will go up to i mean how much they make in one month and this means if everyone in a country uses bitcoin then everyone's salary's will go up and the country will go up then.

hacekd

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Bitcoin may indeed can change the economy in a state, but still if in the country is still a lot of people who do not understand about the technology will be difficult.

Jaxelrell

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Of coure it can improve the economy of a country. With bitcoin many people are making money with it so they are earning more. They will more money this means that they are going to spend it.

If they spend it the sellers will be earn from it so the economy will improve.

herlips

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I think it can but not in poor countries. Some just use bitcoin to avoid taxes in paying bills and etc. And poor countries rely on that taxes their people needs to pay so bitcoin is not good for those country.

noracortez

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I think we can adopt in mass this technology. There is security and transparency. This is the future! Cheesy

carlisle1

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Campaign Management?"Hhampuz" is the Man

Quote from: prass tyo on May 03, 2017, 12:19:15 PM

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?

yeah,providing extra income or other ways or earning helps the every individual thats involve in crypto by then they improve thier living so if the people of that country has profit then the governments inflation rate decreases and the effect is in the economy.better living of the peoples country is the goal of every government and so the bitcoin or crypto does

Inpainsincethen

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thank you for support guys. your support is essential to all of us. we really appreciate it.

BIackSword

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I think it would be advised to broaden your property.Battle generally eats up the currency from the included countries. So many people put their lot of money in precious metal or any other precious metals.Bitcoin doesn't have country, there is a strong possibility that it may stand up to a battle relatively unharmed.I would depart a part of my profit bitcoin.

LuciferEveningStar

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Yes definitely bitcoin improves economy of the country..gives extra income to all people ..a big opportunity to those unemployed and make their life better Kiss

InstaforGirIs

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I think that bitcoin can not enhance the economic climate of the nation, because it is just a currency, and never something for fixing economic problems. It all depends about how the government uses it.

marcuslong

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Maybe yes it can change the economy of one country.In which the population of using bitcoin is almost 1/3 of the population of the country.

It is true when they implement the bitcoin in our economy then that the start of bitcoin will be improve the country since business man are using bitcoins here in my country and other seeing the bitcoin and they knowing it better because of bitcoin lots of peple here in my country are having a good income because of it. Those jobless are earning thru internet.

Bonakid

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Quote from: prass tyo on May 03, 2017, 12:19:15 PM

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 now is indemand because it can help many people to give another source of income.And it is the only digital currency that has many benefits that can improve our economy from poverty if people will work hard for this kind of cryptocurrency it can solved the main problem of our country.

mithon2017

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Bitcoin is is the great currency of online market. Its can change the country economy. It is solved many economy problem. Many country accept Bitcoin is so high that they think Bitcoin changes the country economy.i hope Bitcoin can changed the be country economy. Because many Bitcoin users already used Bitcoin. They can Eran a lot of money. This money are investment many useful things... Bitcoin help all time is users.. so it is very effective for country economy. At last , I hope it will change the country economy. So everybody should be using Bitcoin

brainape

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Quote from: giga_999 on November 09, 2017, 08:18:23 AM

Not only BTC can improve the economy, other newborn coins can also contribute. Only thing is to increase awareness within the society with regard the coins. For example, CH has started giving rewards in its tokens on its platform by creating ist eco-system. product+custmer, direct dialog. You as a platfro user give feedbacks to a project regarding their products and get rewarded with a token. you can check the tasks here

yes you are right. bitcoin is a digital cryptocurrency and can change a lot of people life so it means that it will must change the economy of a country, as we know that bitcoin is directly and indirectly simply means that it can prove or destroy the economy power of a country.

giga_999

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Not only BTC can improve the economy, other newborn coins can also contribute. Only thing is to increase awareness within the society with regard the coins. For example, CH has started giving rewards in its tokens on its platform by creating ist eco-system. product+custmer, direct dialog. You as a platfro user give feedbacks to a project regarding their products and get rewarded with a token. you can check the tasks here

Urbanbypas

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Crypto currency is a new technology that directly and indirectly moves the economy forward. Countries that prohibit bitcoin remain in the past.

JSEcoin

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I think it will do more harm than good to most economies. Mainstream adoption of cryptocurrencies might eventually lead to devaluation of fiat local government controlled currencies. Things like bonds markets would be affected really badly and inflation could get out of control. The only economies that might benefit will be the ones that adopt early and create a good business atmosphere for cryptocurrency to flourish.

deviant99

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There's a possibility or chances that bitcoin can improve the economy . But the question is at the people; on how can they manage it to take the advantage of bitcoins and having a benefit of it to the country. I've already read an article about it, where bitcoin is recognized the full potential of it to their country. Countries that will evolve in this matter has a bigger chance in the near future.

hkabir

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According to me, yes bitcoin can improve the Economy of a country and already we are seeing most economically establish country like japan,Rusia,Chaina,Sigapure and thailand already approved bitcoin.

Pasaway2701

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Quote from: Nana21 on November 07, 2017, 07:11:37 PM

Bitcoin is very useful as a new stream of investment, with proper regulation. After all, it can destroy the national currency, and the economy is unlikely to raise, tax is not taxed, but people's livelihood will rise.

Right. Bitcoin gives benefit to people but not the country as a whole because there is no tax coming from it. Gives opportunity to reduce the unemployment rate of the country even not recognizes by the government that people can earn not only in the imdustry but also in the internet.

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