Improving countries economy depends on government and people not in bitcoin. Bitcoin is just another form of currency and like other currency may it be gold, fiat or crypto, its useless in improving country economy if the government cant come up with projects to better their country.
The basis of being successful in economy of a country is depending on their income and if their countrymen are always doing good in using their money or if they are receiving a lot of money from their countrymen then it will be a huge affect for the economy of the country and they will surely improve their economy in a short time period. 
Topic: Can bitcoin improve the economy of a country? - page 62. (Read 52298 times)
Improving countries economy depends on government and people not in bitcoin. Bitcoin is just another form of currency and like other currency may it be gold, fiat or crypto, its useless in improving country economy if the government cant come up with projects to better their country.
Every business improves the economy of a country, bitcoin businesses are no exception from that.
The larger the volume of sales, the bigger is the effect on the economy.
I think most effictive for an economy are the exchanges.
They have the biggest amount of money that passes through them.
In our country more people change their lives thru help of bitcoin, that's why I always heard about bitcoin in my environment. I truly believe that bitcoin help to improve us to improve the economy of different country. Because more jobless people were got work thru help of bitcoin. The larger the volume of sales, the bigger is the effect on the economy.
I think most effictive for an economy are the exchanges.
They have the biggest amount of money that passes through them.
I think for now it's impossible, especially now in my country bitcoin and other digital currencies are not considered valid currency or payment instruments. Although until now it has not been considered a legitimate currency in any country and is not guaranteed by any institution, Bitcoin is still attracts a lot of people, because now bitcoin price is high. Except if the entire population in the country uses bitcoin, there is the possibility of bitcoin can improve the country's economy.
Every business improves the economy of a country, bitcoin businesses are no exception from that.
The larger the volume of sales, the bigger is the effect on the economy.
I think most effictive for an economy are the exchanges.
They have the biggest amount of money that passes through them.
The larger the volume of sales, the bigger is the effect on the economy.
I think most effictive for an economy are the exchanges.
They have the biggest amount of money that passes through them.
Of course, it is. Bitcoin can improve the economy of one country. We know that bitcoin's value is so high, and simply, if you have a high currency on your country, you may buy anything what the country need. Just simple as that. It can also improve the economy by having an individual a chance to earn bitcoin and resulting on GNP. To increase the country's economy.
Bitcoin is such as an economy driver, so many bitcoin-realated companies were created, bitcoin also offer lower transactions fee and barrier for export sector. So bitcoin has been give positive impact for economy of the country.
I think no. because it is available for online people and they are less than the people who do not know about 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?
Of course, it is. Bitcoin can improve the economy of one country. We know that bitcoin's value is so high, and simply, if you have a high currency on your country, you may buy anything what the country need. Just simple as that. It can also improve the economy by having an individual a chance to earn bitcoin and resulting on GNP. To increase the country's economy.
Bitcoin is such as an economy driver, so many bitcoin-realated companies were created, bitcoin also offer lower transactions fee and barrier for export sector. So bitcoin has been give positive impact for economy of the country.
Countries are accepting Bitcoin because they recognize the merit behind it and they'd rather be on the forefront of innovation than being disrupted by it.
I think that Bitcoin could really improve the economy of a country. But it depends on how government people or politicians would handle this kind of business very well. If they would just use their power and connections just for the sake of them being rich then I would say it would not make our economy improve because they would just improve theirselves. But if they would handle it like they really wanted to end world poverty and be sincere about helping people and the economy of the community then I guess I would have to say it's really a miracle who would ever be a government politician would be that kind of people.
Yes I agree. Bitcoin can help the economy if this will be use properly by those people who are in power. There's no use if they will just kept rejecting it because their countrymen will just conclude that it is not good to use that kind of coin and they are also the one who control the mainstream media which has a big impact in persuading the majority to use or not use something. Maybe in their own little way, bitcoin users can help the economy by converting it to fiat since there is still a limitation of where to spend the coins and then buy something thus helping the businesses earn and the people who work for them as well.
Maybe those bitcoin investors who have earn large sums of money would consider making a company related to cryptocurrencies and then hire people. This way they already have contributed to the growth of the economy by reducing unemployment.
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?
Sure it can lets take a look into Japan since they legalized bitcoin im pretty sure several services and companies borned and are already supporting and offering services with bitcoin, this generates more jobs and make money to circulate, soo in the end the economy of the country should raise. Imagine Greece if they started to use bitcoin and accepting it would let them to run away from the financial problems they faced and keep facing, atleast im sure bitcoin opportunities can handle the most problem of them, allowing them to get some online income.
Who told you that? Or you just guess that Japan is better than every other country, that’s a Big lie. The government doesn’t need to legalize bitcoin in anyway to make it useful, or maybe make the people get rich, nope. You only get rich if you can invest your time into it and hustle real hard. In some countries, the government is less concerned about bitcoin, because they’ve got more important things to do, and in that case the people has freedom to use it without the government interference .
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, it is. Bitcoin can improve the economy of one country. We know that bitcoin's value is so high, and simply, if you have a high currency on your country, you may buy anything what the country need. Just simple as that. It can also improve the economy by having an individual a chance to earn bitcoin and resulting on GNP. To increase the country's economy.
No, it is not. the situation of a country depends on the people and the government. And as you can see, most of the government does not like bitcoin. Even some coutries try to add bitcoin to their payment system, they do not really understand what bitcoin is and what we can do with bitcoin. Moreover, nations only want to use their currency, not a digital currency which was created by an anonymous guy with a Japanese name
Sure it can lets take a look into Japan since they legalized bitcoin im pretty sure several services and companies borned and are already supporting and offering services with bitcoin, this generates more jobs and make money to circulate, soo in the end the economy of the country should raise. Imagine Greece if they started to use bitcoin and accepting it would let them to run away from the financial problems they faced and keep facing, atleast im sure bitcoin opportunities can handle the most problem of them, allowing them to get some online income.
Of course, it is. Bitcoin can improve the economy of one country. We know that bitcoin's value is so high, and simply, if you have a high currency on your country, you may buy anything what the country need. Just simple as that. It can also improve the economy by having an individual a chance to earn bitcoin and resulting on GNP. To increase the country's economy.
Obviously it can enhance economy of a nation. Advantage over different stages: This property of Bitcoins is massively useful to individuals who needs to purchase items without revealing the sum they have spent on it. (As bitcoin organize enables you to manage your arrangement of numbers so produced not the name or some other points of interest)
Open to All : Anyone with web association can get included with Bitcoin Network.
All points of interest identifying with the transactions are open and very clear to the clients , the clients simply needs to enter the sum they need to exchange and the product takes considerations of the mechanics included.
Of course, it is. Bitcoin can improve the economy of one country. We know that bitcoin's value is so high, and simply, if you have a high currency on your country, you may buy anything what the country need. Just simple as that. It can also improve the economy by having an individual a chance to earn bitcoin and resulting on GNP. To increase the country's economy.
Obviously it can enhance economy of a nation. Advantage over different stages: This property of Bitcoins is massively useful to individuals who needs to purchase items without revealing the sum they have spent on it. (As bitcoin organize enables you to manage your arrangement of numbers so produced not the name or some other points of interest)
Open to All : Anyone with web association can get included with Bitcoin Network.
All points of interest identifying with the transactions are open and very clear to the clients , the clients simply needs to enter the sum they need to exchange and the product takes considerations of the mechanics included.
Of course, it is. Bitcoin can improve the economy of one country. We know that bitcoin's value is so high, and simply, if you have a high currency on your country, you may buy anything what the country need. Just simple as that. It can also improve the economy by having an individual a chance to earn bitcoin and resulting on GNP. To increase the country's 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?
Many people is hard to find a job like me. But because of bitcoin i can now earn a money through this forum. it will help me for my every day needed, so i think bitcoin can help ,not only me but also the economy.
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