Topic: Can bitcoin improve the economy of a country? - page 53. (Read 52289 times)
Bitcoin can definitely improve the economy of a country. If they were to start buying bitcoin as much as possible and then pay citizens for their work in Bitcoin.
Looking at current developments, developed and supported countries with outstanding IPTEK progress. what's more since the existence of Bitcoin as a digital currency, it seems that the more advanced countries that have legalized Bitcoin as a means of payment. because if Bitcoin in Legalkan in that country could have an impact on a better 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?
If bitcoin is accepted by all countries then there will be coin war among countries. As limited supply most countries will try to reserve it.
Yes of course, it can improve the economy of the country specially if almost people are using the bitcoin and earning big amount 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?
Of course I believe bitcoin has in no small way improve the economy of a country and not even to those countries that have accepted bitcoin alone and the reason for my conclusion is simple. Majority of all of us here are from different countries in which most of these countries have not accepted bitcoin as a currency but we all earn an amount or the other which we all contribute back to our various economy which indirectly can be regarded as bringing in income to the country looking at it from the economic point of view.
I think so, Bitcoin can contribute in state economy in one country if it is legalized in that particular country, what I am trying to say is when Bitcoin is legal in one country and it legitimately recognized by government and its whole body existence I think government will start to acquire taxes from it which w all know will help the economic status of each country and improve pubic services, establishments and so on, so it will depend on how a country will accept bitcoin.
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 i'm sure can improve economy even for country level. It all depends on the readiness and the applied financial policy so that it can bring good blessings to its citizens and the country.
Bitcoin can not change the economy of the country. It's just money that you can pay off or earn it. To improve the economy, it is necessary to take action, and not to introduce a new currency.
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 and other cryptos can improve the economy of a country, because they create economic activities and investment opportunities.
BTC Surely, Bitcoin improve the Economy of a Country,
Every Government needed all people make a Money Transaction banking in Digital system that have already in Bitcoin.
Bitcoin is only way to all Public came banking system so, government want to improve is country economy they should pressure to Public used to Bitcoin.BTC
Every Government needed all people make a Money Transaction banking in Digital system that have already in Bitcoin.
Bitcoin is only way to all Public came banking system so, government want to improve is country economy they should pressure to Public used to Bitcoin.BTC
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?
Here in my country, I do not really think that bitcoin will improve our economy, Because first thing is that it is not acceptable to any bank and as of now there is no way that companies here will appreciate the value of bitcoins because they only focus on real cash.
No. Is there any bank in most places accepting bitcoin already? No! Are the citizens earning bitcoin and making something good for themselves? Yes! With the value of bitcoin and someone holding for a while while being able to use the proceeds to later build their dream eventually is a way to improve the economy. You are part of the economy and when people gradually start having a good standard of living from bitcoin, it makes things easy than rather having so many citizens depending on the government. As long as you have an exchange to convert your bitcoin into cash, then I see no reason why you even need a bank to accept bitcoin in the first place.
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?
Legitize bitcoin immediately and immediately make regulation about bitcoin, then all citizens can benefit from the presence of bitcoin. if bitcoin is properly managed then bitcoin can boost the country's economy.
Here in my country, I do not really think that bitcoin will improve our economy, Because first thing is that it is not acceptable to any bank and as of now there is no way that companies here will appreciate the value of bitcoins because they only focus on real cash.
I don’t agree with you. Only law and politics can never improve the economy of a country. How it can be possible. If the people have no opportunities to financially improve their live standards then politicians can do nothingI have to disagree with you too
You seem to forget that it is laws and politics that give people the basis for making business. Without a functioning and properly organized law system, your profitable business can be taken from you by someone else, more influential than yourself. In other words, while laws and politics can't directly improve the economy of a country (in the sense they don't produce wealth on their own), they can still greatly contribute to that end (or take from it)
I think it could help the economy of a person as individual, but a country is something to much bigger and complex. But also we can think about oportunities or the benefits offered by the crypto currency as increase employment and learn about a new and interesting topic that will continue to be developed over time.
Yes I agree with you. Bitcoin is the future digital currency as well as a sound crypto online business too. Bitcoin is fast growing technology in the field of crypto currency. It gives a lot of opportunities to the people of the country to improve their economy due to investing and trading in bitcoin. It is also profitable for the governments too, to make huge money officially involving in bitcoin.
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?
I think bitcoin can change slightly the economy of a specific country. Yes many people get money from bitcoin even they don't find a job because they can easily earn the money from bitcoin. But to change the economic status of a country it must have a lot of job, resources and investors.
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