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Topic: Do you think economical condition can be develop by the help of bitcoin? - page 2. (Read 685 times)

hero member
Activity: 1036
Merit: 504
I believe in both Bitcoin and the blockchain technology that has made it extremely valuable as a technology. I believe Bitcoin can do a lot to help both the people and the governments work better, earn more and if blockchain is used in governments to get rid of one of the worst plagues that generates poverty, that is corruption, then we can see much healthier economic systems form in the future. If governments and people work in unison utilizing blockchain technology, than going against each other, we can create a harmonious society and this can be implemented if we get rid of poverty and corruption first. I believe with the blockchain it is possible.
full member
Activity: 1330
Merit: 147
You are part of government or maybe you work in government. I'll ask to you, what can the government do to keep cryptocurrency safe? unfortunately, they cannot have a finger in the pie the decentralization system. They can not do anything in the world of cryptocurrency, but the credibility of cryptocurrency as a safe place for everyone is us as a user. We maintain and provide positive effects on the development of cryptocurrency. And I think, with the presence of cryptocurrency I do not need government anymore.
legendary
Activity: 1666
Merit: 1001
First of all we don't need any government or central bank to monitor crypto, the first time crypto was born was also without any supervision from them, and it still perfectly fine and growth so well, and yes with the government maybe we can surpress the number of criminal, but it will be more effective if we educated and encourage people to used crypto for positive thing

Crypto will be very useful in the future if we can develop and used it properly it will help a lot of people and it can increase the country's economic, now we will see how the government's will decide the fate of crypto
sr. member
Activity: 602
Merit: 250
I myself find that true. Bitcoin has helped me tremendously. Spending in my life is more comfortable. Thus, bitcoin can support the country's economic development. Most investments in bitcoin are profitable.
hero member
Activity: 1426
Merit: 506
Different people have different opinion but I think bitcoin is new part of  strong currency. We need some help from government or national security for monitoring and providing strong  security for those people who are working into this sector. Even more people are affected by various criminal attack that  reduce  and demotivated to work in online earning.
 In future proper security and more effectiveness of virtual currency  can contribute economical development.
The basic idea behind bitcoin is to have a financial sovereignty without the reach of the government, i really do not want any government to snoop into what wealth i am holding, the criminal attacks can be stopped if you are a little intelligent, never publicly brag yourself about your digital wealth, if not no one is going to know about it.
newbie
Activity: 98
Merit: 0
If between bitcoin and economic conditions are aligned or in accordance with existing regulations then bitcoin can help economic development. We just need to adjust the bitcoin to the existing rules in order to grow, if not in accordance with the rules it will be a lot of obstacles for the bitcoin itself to develop something.
member
Activity: 150
Merit: 10
there is no fact that bitcoin really can affect a country's economy, there may be rich with bitcoin investment, but it's just an individual or an individual, maybe there are some companies that have enough ambition and profit like ripple who want to revolutionize economy, but it's very hard and takes a long time, I know that many cryptocurrencies are involved in fraud and dark business, but I do not dismiss the possibility that bitcoin can change the world economy someday
full member
Activity: 462
Merit: 100
I really believe that bitcoin can help us to develop our economical condition where I am believing that the real change is comes first to us. Of course if bitcoin makes us rich we are now able to pay taxes and we dont need to ask help in the government since we can now sustain our needs.
sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
I believe that is not possible because otherwise, no one would have tried to banned it for they deemed it to be a threat. On the other hand, I believe if they impose taxes on it, it will help the economy of that country. And it all depends on how much the taxes are. People would find another way to make transactions without paying taxes, thus the solution is to ban bitcoin once and for all. But if the government itself uses bitcoin, then I think it will be a step into a good economical development.
member
Activity: 658
Merit: 10
Rangers Protocol
From fiat switch to virtual currency is a good idea but there are advantages and disadvantages. Once the country try this kind of system it should be founded strong enough with more back up in case of unnecessary things to happen. It is not so easy to do that preparation is a must before implementing the system. Actually it is great help if the country who try this will succeed. New history in the world of economic growth from fiat switch to virtual currency.
jr. member
Activity: 196
Merit: 1
yes it is very possible because economic condition of many people are very porous that they cannot spend 1 dollar per day not for meal therefore it is very necessary that people are empowered by the power of bitcoin to change their financial capability
sr. member
Activity: 702
Merit: 255
Cryptocurrencies are disruptive economic innovation that have the potential to revolutionize the current economic structure and change how banks and financial institutions operate.
Cryptocurrencies have led to the emergence of new markets. Currencies like Bitcoin and Ethereum have opened gates for a new kind of market which unlike present money market is controlled by no one. Cyberspace will rise up as the managing body that will handle and maintain such disruptive markets. The near zero transaction cost (along with other characteristics) has made these currencies even superior to the traditional money we are accustomed to using. What can be surely stated is that it is just the beginning and the number of possibilities is endless.
member
Activity: 868
Merit: 63
Different people have different opinion but I think bitcoin is new part of  strong currency. We need some help from government or national security for monitoring and providing strong  security for those people who are working into this sector. Even more people are affected by various criminal attack that  reduce  and demotivated to work in online earning.
Now times are changing by the help of different online currency trough which people can earning money and invest these money in different sector for the purpose of getting profit. 
In future proper security and more effectiveness of virtual currency  can contribute economical development.
Bitcoin boost the net worth of an individual and with this we will have a better economic status in a specific country. Bitcoin also lessen the poverty rate of a country because when you invest to bitcoin you will have a good profit but there is also the fluctuations that you should look out. Maybe this is the reason of banning it because the lack of perspective value of the government of what can bitcoin give and the opportunity it might give to people.
legendary
Activity: 1596
Merit: 1034
Dependence on bitcoin will not boost the country's economy. High volatility and unstable fluctuations will destroy bitcoin-dependent states. Everyone needs a country's acceptance of bitcoin but the government does not have to make bitcoin a top choice over their local currency.
full member
Activity: 364
Merit: 130
anyone cannot talk at length about what can trigger economic development except for government or economists. But the bottom line is, the economy is governed by the government, while bitcoin is not regulated by anyone, if bitcoin can make the economy better, it means we no longer need the government to regulate the economy and it can cause an imbalance from a country whose economy is not governed by his government.
full member
Activity: 224
Merit: 100
Different people have different opinion but I think bitcoin is new part of  strong currency. We need some help from government or national security for monitoring and providing strong  security for those people who are working into this sector. Even more people are affected by various criminal attack that  reduce  and demotivated to work in online earning.
Now times are changing by the help of different online currency trough which people can earning money and invest these money in different sector for the purpose of getting profit. 
In future proper security and more effectiveness of virtual currency  can contribute economical development.
Its doesnt create a direct impact to rhe economy, but then the people who uses bitcoin inside the country are the one who had accepted the effects of bitcoin.Especially for those who arent able to have a job, bitcoin creates a way for them to create their own money.In that way, the life of people goes up and when time comes as well as the economy goes up too.
jr. member
Activity: 98
Merit: 2
For me; I think economical condituon can be developed by the help of bitcoin. Different people have different opinion but I think bitcoin is new part of  strong currency. We need some help from government or national security for monitoring and providing strong  security for those people who are working into this sector. Even more people are affected by various criminal attack that  reduce  and demotivated to work in online earning. So bitcoin can be a big help for this.
newbie
Activity: 124
Merit: 0
For me bitcoin is a big help to our economical condition,  because of bitcoin some have started their own business.
sr. member
Activity: 742
Merit: 253
Different people have different opinion but I think bitcoin is new part of  strong currency. We need some help from government or national security for monitoring and providing strong  security for those people who are working into this sector. Even more people are affected by various criminal attack that  reduce  and demotivated to work in online earning.
Now times are changing by the help of different online currency trough which people can earning money and invest these money in different sector for the purpose of getting profit. 
In future proper security and more effectiveness of virtual currency  can contribute economical development.
it seems that all of us here have the same hopes and desires as you say, but still all will not be realized if the government still does not want to open their eyes to the world of crypto. even this could have a positive impact on the country's economy. governments tend to think of FIAT as primarily, but they themselves are confused about it.
hero member
Activity: 840
Merit: 516
Different people have different opinion but I think bitcoin is new part of  strong currency. We need some help from government or national security for monitoring and providing strong  security for those people who are working into this sector. Even more people are affected by various criminal attack that  reduce  and demotivated to work in online earning.
Now times are changing by the help of different online currency trough which people can earning money and invest these money in different sector for the purpose of getting profit.  
In future proper security and more effectiveness of virtual currency  can contribute economical development.

I am not sure to get your point but:

We don't need and we don't want any government or national security for anything with Bitcoin. Bitcoin has been created to give us a freedom from governments and full control of our money, etc. It has not been created to allow the governments to fuck us more.

What kind of security are you hoping for? There are "criminal attacks" without Bitcoin and it doesn't reduce people to work online. Besides this, Bitcoin has not been created to "work online" It's a currency using cryptography, not a job center.



Not sure. But I think we need the approval of the government for this currency to be successful. We can either go underground or just wait for the government to accept, legalize or regulate it.
By having a look at the bitcoin being involved in our lives , how much we are into it, how much we depend on it and how the acceptance or denial of it can affect our lives , all are the factors we have to keep in mind when want to make any decision about the bitcoin.

I think as bitcoin is totally into our lives, the governments needs to formulate a policy regarding so that a user of bitcoin will be sure about what he is dealing with. He will be sure that what he is dealing with is not something illegal or prohibited by the government.
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