Topic: Does Bitcoin affect world trade? - page 11. (Read 1167 times)
sure that it is affecting the world trade and you will not be able to do anything about this. btc is the leader at the market today and it will be like this forever to my mind. it is the most powerful coin and it will be the best thanks to blockchain
At present, BTC affects the operation of the banking system all over the world. BTC has made the banking system in the world freeze. stagnation activity. That is why many countries banned BTC.
There is no way bitcoin is hampering or affecting the operation of the banking system all over the world. If it was true we would be facing various crisis and bitcoin would have been forced to become the only currency to be used or become totally obsolete. It did not freeze the banking system and only few under developed countries have banned bitcoin. Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries?
And will it be in the future?
Bitcoin changes a lot to world trade. It changes the way the payment is made when buying and making these activities happen quickly but still secure. That is a positive influence. The problem now is that Bitcoin is not completely stable so it can become more popular and link more commercial activities. And will it be in the future?
Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries?
And will it be in the future?
And will it be in the future?
I dont think so that there is any trade have happened in two different countries in the past or will be there through the bitcoin technology (currency). In fact there are too many roadblocks already underway which are making this stuff go very much wrong. For tow countries to have trade in terms of bitcoin or any other crypto currency will need agreement over the same contract, terms and conditions of using the bitcoin and also the regulatory stuff. Not to forget that this is the reason why fiat works smoothly because its regulated all over the globe in same fashion.
We can not say that it has completely influenced so far. But it continues to affect. One day a revolution can take place literally.
Bitcoin, with its convenience, has opened the way for world trade to add new ways of trading that they have not had before. It has had little or no effect on world trade. It will also have a greater impact on world trade, but also on the positive effects of asset management and more.
We can not say that it has completely influenced so far. But it continues to affect. One day a revolution can take place literally.
Definitely, there is a role. Bitcoin is already involved in trades between individuals. As for countries, I think they would rather use the technology behind bitcoin ( the blockchain technilogy) for their trades since it ensures transparency
Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries?
And will it be in the future?
I think that this process would become very much more comfortable because you would not need any more to transfer all those money things you can just exchange bitcoin and it would be so much easier than it was And will it be in the future?
At present, BTC affects the operation of the banking system all over the world. BTC has made the banking system in the world freeze. stagnation activity. That is why many countries banned BTC.
Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries?
And will it be in the future?
And will it be in the future?
I don't get what you are trying to know here. Are you implying on the trades between two constitutional bodies like government to goverent trades in crypto? If so, I don't think there is because some countries are not totally open on cryptocurrency.
We are still a long way off from bitcoin making any significant impact on international trades between countries, the legal barriers are much for now.
the most part of the world,s trade is still done and is being completed in flat,given that there are much merchants involved in the ecosystem ,it would have be hard to keep a small part of the materials on the overall trade done with the bitcoin unless it has higher valued and highly publicised. for me i quest that Bitcoin crypto currency is being created to make transactions more faster by cutting off the middle-man off.
One day Bitcoin will be able to trade between all countries. At the moment that is not the best way to trade between countries because it is very volatile and lack of regulations.
As of this moment it is not yet fully established and fully accepted by some other countries, mayve because of some complications and some other issues. It is also very risky as of this moment. I don't know if it will be regulated maybe not now but hopefully soon.
I guess Bitcoin crypto currencies are created to make transactions faster by cutting the middleman off of the picture. Your money doesn't have to sit in one bank wsiting to be transfered to another then exchanged to the local fiat then you will recieve it. Digital currency just sream line the transaction so you can send money from one wallet to another halfway around the world i an instant.
Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries?
And will it be in the future?
my opinion related to international trade and the influence of bitcoin, I said there must be trading effect that use bitcoin either as payment rules or as a medium of exchange, my belief in the future of world trading transactions using bitcoin as an alternative payment, security and practical reasons, I think with the existence of bitcoin is no longer the limitations of time space and currency all are multi and not limited by it, may be useful and successful for all of us And will it be in the future?
Of course, bitcoin influences world trade and systematically changes the foundations of the global financial sphere. Thus, Bitcoin offers a solution to the problem of inflation. Crypto-currencies are initially deprived of even the possibility of inflation. Their number is limited by the algorithm. Crypto-currencies participate in the economy like other currencies. They affect prices and change the amount of money supply in the country.
I guess, In the past year when we were did by a Turkish merchant ship.
There are cities in the world where btc, ETH and other top-end crypto currencies are a legitimate . In crypto huge money comes in and it's not just that. I think that very soon crypto currencies will be used in international payments.
in my opinion , that will never happen . see, if they actually did that , it will have serious implications on major trade currencies .For instance , US dollars and american economy in general gets its strength from their currency usage in global trades . once that replaced by bitcoin or any other decentralize crypto currency , governments will lose any privilege in their economy and they won't let that happen.
Well, you have a point but yet, this will still happen, bitcoin will soon affect the World trade and it has started doing so too. Bitcoin is a form of money, a digital currency which are been used by two parties on agreement to pay for goods and services and any currency that are accepted by people as a payment method has the power to affect the World trade. Even though the government may not like this, they can't control it to some extent.
in my opinion , that will never happen . see, if they actually did that , it will have serious implications on major trade currencies .For instance , US dollars and american economy in general gets its strength from their currency usage in global trades . once that replaced by bitcoin or any other decentralize crypto currency , governments will lose any privilege in their economy and they won't let that happen.
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