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 42. (Read 52298 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 has a unique feature that lets people work outside the system, which is very important in poor and corrupt countries. Bitcoin has long been instrumental in improving the economy of a country, who are in the world of Bitcoin, and feel that their income earned from Bitcoin has improved.
If a country that has received bitcoin means a region that will boost its economic system, I hope all nations will accept the existence of bitcoin appropriate now.
if a region discover a way to produce least expensive electrical in the world then indeed. or else bitcoin will not enhance any nations around the world economy
A country does not need to mine bitcoin in order to benefit from it, the only thing they need to do is to pass laws that are bitcoin friendly and charge no taxes on bitcoin earnings, investments on that country will skyrocket and adoption will grow as well as people begin to realize that a lot of money in the form of bitcoin is coming and they are not going to want to lose a piece of that cake.
i think yes , even if some banking companies don't take the bitcoin , i believe this could be the potential of payments , or it would be very good to be . And you know with all the taxes that go to the state spending budget it would be a big volume sooo indeed i think bitcoin can improve economic system of a place but in long term not right now.
i believe sure , even if some banking companies never take the bitcoin , i believe this may possibly be the future of payments , or it would be great to be . And you know with all the taxes that go to the condition funds it would be a large sum sooo of course i feel bitcoin can boost economy of a region but in potential not right now.
if a region discover a way to produce least expensive electrical in the world then indeed. or else bitcoin will not enhance any nations around the world economy
A country does not need to mine bitcoin in order to benefit from it, the only thing they need to do is to pass laws that are bitcoin friendly and charge no taxes on bitcoin earnings, investments on that country will skyrocket and adoption will grow as well as people begin to realize that a lot of money in the form of bitcoin is coming and they are not going to want to lose a piece of that cake. 
not to help the economy of a country, but to help the economy of people who are experiencing economic difficulties,
Bitcoin's unfortunate country, I think just want to get a new way so that people who live in the country can be free from economic hardship ..
Bitcoin's unfortunate country, I think just want to get a new way so that people who live in the country can be free from economic hardship ..
It really depends.
If people of any country acquire higher amount of bitcoin and then price of bitcoin increase then it will definitely improve the economy of a country.
But if bitcoins price drop massively then economy will hampered.
If people of any country acquire higher amount of bitcoin and then price of bitcoin increase then it will definitely improve the economy of a country.
But if bitcoins price drop massively then economy will hampered.
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?
In my own point of view bitcoin can really help improve the economy of a country because bitcoin has a big currency and if alot of people earn bitcoin then they will have alot of money and it will lessen the poor in a country and if those people will spread it out the information of bitcoin to there relatives and friends the it will be a progresive country because of bitcoin.
The government is afraid of losing control. So I think the economy of the country here just does not matter
Yes bitcoin can improve the economy of many countries surely. Bitcoin is already helping so many poor people to earn their living and also it is helping the unemployed people. Governments this way will get less pressure because of the jobless
My answer is NO, now you are wondering that why i am saying that, bitcoin is an online currency and for a country to be economically strong every person annually income has to raise and industries are there for goods production and services, bitcoin can not replace real money and most of the people in the developing countries do not know how to operate a computer and do work online.
The economy of any country is decided by the percentage of its earning citizens and as bitcoin is reducing unemployment by providing income source to many people, it is slowly improving the economy of any country. If we talk about China, then it had actually hurt bitcoin more than any other country so far. It banned bitcoin exchanges and ICOs. 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?
In my own point of view,it can definitely address the economies number problem which is poverty. Once this burden be addressed then this alone improves economy of a certain country. Because in bitcoin, its purpose is to earn money, therefore it could solve problems of economy.
I don't believe so. It only improves the economy of some teams that use bitcoin. how it can improve the economic system of a place if in some nations bitcoin nevertheless not legitimately acknowledged as a strategy of payment, apart from the govt will have difficulty figuring out the tax from the use of bitcoin
Yes bitcoin can improve the country economy and it has changed the life style of the people through this. If we look at the macro level if we earn money through bitcoin and to start industries in a country and it is good because they will pay tax on time and through this many labor will work in that factory and it will improve the country economy.
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?
absolutely when all of its citizen will adopt to use the coin in their transactions its widely acceptance will move bitcoin price to a new mile stone and soon everyone will use it and revolutionize our world to a new age the digital age
in bitcoin we trust
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If the government accepts and legalizes the bitcoin,it will be very beneficial for the society.But in the current circumstances and situations,this will not be possible and will not work to its fullest capacity.No country is ready to make bitcoin a legal virtual currency.There are many risks involved in bitcoin as it is not operated by a cental bank or an institution.Infact most of the nations are not in favour of bitcoin.Bitcoin will only be beneficial for the society but not for an individual as the government will charge taxes on bitcoin.The money will definitely help the economy but there will be no profit to the individual. in bitcoin we trust
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I think it is possible. From what i see now, bitcoin is a great option for those who are unemployed. Thus, this lessen the poverty that will result to a better economy.
For sure a lot of the people are making god income through the bitcoin and they are using the bitcoin for the sake of the income. In the past I was not aware of the bitcoin use properly but now I like it more than before because it is the part of my life so far and the income from the bitcoin is more than double. I like a lot of the sites because it has given me the huge income in very short time.
absolutely when all of its citizen will adopt to use the coin in their transactions its widely acceptance will move bitcoin price to a new mile stone and soon everyone will use it and revolutionize our world to a new age the digital age
in bitcoin we trust
buy bitcoin
in bitcoin we trust
buy bitcoin
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