I don't think so. It only improves the economy of some groups that use bitcoin. how it can improve the economy of a country if in some countries bitcoin still not legitimately accepted as a method of payment, besides the government will have difficulty determining the tax from the use of bitcoin
Improve of economy by bitcoin is very easy if government take some action which is known as legal action like they provide to people funds by bitcoin they purchase some bitcoin and distribute them into economy so that's the way the can improve the economy because it is easy for bitcoin. So i will prefer that government should take some actions as well.
Topic: Can bitcoin improve the economy of a country? - page 72. (Read 52298 times)
I don't think so. It only improves the economy of some groups that use bitcoin. how it can improve the economy of a country if in some countries bitcoin still not legitimately accepted as a method of payment, besides the government will have difficulty determining the tax from the use of bitcoin
Improve of economy by bitcoin is very easy if government take some action which is known as legal action like they provide to people funds by bitcoin they purchase some bitcoin and distribute them into economy so that's the way the can improve the economy because it is easy for bitcoin. So i will prefer that government should take some actions as well.
if a country find a way to generate cheapest electric in the world then yes.
otherwise bitcoin will not improve any countries economy
otherwise bitcoin will not improve any countries economy
Bitcoin is a threat to the economy of any country. But first of all will suffer the US economy. I am sure that soon we will see a real war the us government against bitcoin. We will need to have a lot of patience and trust to bitcoins to win this war.
look it is not threat to economy of any country. No country’s economy will harm by bitcoin. I think bitcoin is the sight of relief for unemployed people. Because they can easily run their houses and make their children happy and get them better education. I mean isn’t that good??? Now a day you see that unemployment rate in US is decreases because of bitcoin.Its a threat, cause dollar bills needs to be created, distributed, secured if bitcoin replace dollar then many people will lose their jobs. Its threat for the system in that way, but that is ok by me, cause everything advance sooner or later, when first machines were created many people lose their jobs cause machine can do it better, machine can work day and night.
I saw some news on television and in US technology sector is huge, and there is more work for people with that skills. US with many billionaires is investing in that sector and that`s why unemployment rate in US is decreasing, we can`t say that all the countries in the world are on same technology level like US is.
I don't think so. It only improves the economy of some groups that use bitcoin. how it can improve the economy of a country if in some countries bitcoin still not legitimately accepted as a method of payment, besides the government will have difficulty determining the tax from the use of bitcoin
Improve of economy by bitcoin is very easy if government take some action which is known as legal action like they provide to people funds by bitcoin they purchase some bitcoin and distribute them into economy so that's the way the can improve the economy because it is easy for bitcoin. So i will prefer that government should take some actions as well.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 I think bitcoin improve the economy of the country not because bitcoin price is high but because there are many people who do bitcoin. In my country there are many unemployed person not only because they are. Ot fit to work but because companies already have person to work for them so they have all person they need. In that case, they may do bitcoin. So they have no real job but they earn because of bitcoin. Now, if people have money, they have the power to buy certain things. Through the food or anything people buy, it has a tax qnd this tax is given to the government. As simple as:
The more the people who have most money the more the tax the government get. So the economy of this country will grown.
I sort of disagree with the tax thing that you just said. There are countries that no matter how much tax they accumulate, it will never be enough to cover the debt that they have from other countries. Plus, there are also countries where the government is totally corrupt so an increase of the tax collected will just be an increase for the money that they corrupt. Nonetheless, bitcoin improves the economy of a country in a way that the people aren't dumb of the newest technology and they are making money from it. The people living there can afford things (because of bitcoin), therefore, the economy has grown.
I think it could help but on what level depends of its users number.
Many country use bitcoin i think because have a hugh number of users,but today bitcion help people to buy or sell online with bitcoin and on this way we improve economy.But in furture bitcoin have chance to be very significant part of economy and increasing living standards.
Bitcoin users have grown tremendously and are increasing in all countries, proving so enthusiastic about people who have believed bitcoin and I'm sure they continue to use bitcoin because they feel bitcoin has helped improve the economy in their lives.
Many country use bitcoin i think because have a hugh number of users,but today bitcion help people to buy or sell online with bitcoin and on this way we improve economy.But in furture bitcoin have chance to be very significant part of economy and increasing living standards.
Bitcoin is single-handedly responsible for creating hundreds of multi-millionaires from nothing.
If it can do that, it can also raise a country up from nothing.
Imagine if a poor country invested a few million in crypto in 2011/2012/2013... they would be rich now.
If it can do that, it can also raise a country up from nothing.
Imagine if a poor country invested a few million in crypto in 2011/2012/2013... they would be rich now.
I think it is certainly possible for a small country
I mean really small countries (also known as ministates) with the population of a few (dozen) thousand people like Nauru or Tuvalu. They could hypothetically become cryptocurrency processing hubs (provided they have fast Internet connections, of course) if their governments went all in into cryptobusiness. Some states (like Marshall Islands or Andorra) basically went this path in the past and became tax haven states allowing many foreign companies to get registered there and thus escape paying heavy taxes in the countries of their primary operation
It can improve the economy of a country if the investors in that country spend bitcoin to make some businesses that can help people have jobs and then invest more in bitcoin so that when its value appreciate, it can build more projects hence more jobs for the people. It can help improve the economy depending on who holds the 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 I think bitcoin improve the economy of the country not because bitcoin price is high but because there are many people who do bitcoin. In my country there are many unemployed person not only because they are. Ot fit to work but because companies already have person to work for them so they have all person they need. In that case, they may do bitcoin. So they have no real job but they earn because of bitcoin. Now, if people have money, they have the power to buy certain things. Through the food or anything people buy, it has a tax qnd this tax is given to the government. As simple as:
The more the people who have most money the more the tax the government get. So the economy of this country will grown.
I don't think so. It only improves the economy of some groups that use bitcoin. how it can improve the economy of a country if in some countries bitcoin still not legitimately accepted as a method of payment, besides the government will have difficulty determining the tax from the use of bitcoin
Improve of economy by bitcoin is very easy if government take some action which is known as legal action like they provide to people funds by bitcoin they purchase some bitcoin and distribute them into economy so that's the way the can improve the economy because it is easy for bitcoin. So i will prefer that government should take some actions as well.I don't think so. It only improves the economy of some groups that use bitcoin. how it can improve the economy of a country if in some countries bitcoin still not legitimately accepted as a method of payment, besides the government will have difficulty determining the tax from the use of bitcoin
Improve of economy by bitcoin is very easy if government take some action which is known as legal action like they provide to people funds by bitcoin they purchase some bitcoin and distribute them into economy so that's the way the can improve the economy because it is easy for bitcoin. So i will prefer that government should take some actions as well.
I don't think so. It only improves the economy of some groups that use bitcoin. how it can improve the economy of a country if in some countries bitcoin still not legitimately accepted as a method of payment, besides the government will have difficulty determining the tax from the use of bitcoin
Improve of economy by bitcoin is very easy if government take some action which is known as legal action like they provide to people funds by bitcoin they purchase some bitcoin and distribute them into economy so that's the way the can improve the economy because it is easy for bitcoin. So i will prefer that government should take some actions as well. Bitcoin is a threat to the economy of any country. But first of all will suffer the US economy. I am sure that soon we will see a real war the us government against bitcoin. We will need to have a lot of patience and trust to bitcoins to win this war.
look it is not threat to economy of any country. No country’s economy will harm by bitcoin. I think bitcoin is the sight of relief for unemployed people. Because they can easily run their houses and make their children happy and get them better education. I mean isn’t that good??? Now a day you see that unemployment rate in US is decreases because of bitcoin.
If a country that has received bitcoin means a country that will improve its economy, I hope all countries will accept the existence of bitcoin right now.
Until now I've never heard that there are countries that help the economy because bitcoin, if it can make someone rich maybe yes, but that does not mean help nationally.
I think the government of rich countries are working the possibility on how to governed the laws because the outcome if this will be implemented brings the improvement of the economy in a country.
Until now I've never heard that there are countries that help the economy because bitcoin, if it can make someone rich maybe yes, but that does not mean help nationally.
Bitcoin is single-handedly responsible for creating hundreds of multi-millionaires from nothing.
If it can do that, it can also raise a country up from nothing.
Imagine if a poor country invested a few million in crypto in 2011/2012/2013... they would be rich now.
If it can do that, it can also raise a country up from nothing.
Imagine if a poor country invested a few million in crypto in 2011/2012/2013... they would be rich now.
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