Topic: Does bitcoin have a bad effect on economic impact and those who do not know it y (Read 427 times)
August 14, 2018, 02:31:07 AM
It does have impact to those who don't know yet about Bitcoin since in the future crypto will be widely known and they are left behind, there is tendency that they will get scammed while learning about it..
August 14, 2018, 01:43:32 AM
Bitcoin is still not universal, not enough to affect the economy. There are still countries who are not open to bitcoin and it is very difficult to pose an effect to economy if it is still not used worldwide. Maybe in time when the countries who ban bitcoin especially china will open its doors to bitcoin, then we can see its effect.
Bitcoin has an impact on the economy, but not the bad effects. The occurrence of bitcoins will help the nation's economy grow faster. Countries that do not know it may be slower but still growing. And the special appearance of bitcoin has been well received by the community. In the future it will be doing more for society and at that time many countries will accept it. August 14, 2018, 12:55:36 AM
Bitcoin is rising worldwide.
Is there a possibility to change the economy of each country?
Is there a possibility to change the economy of each country?
Each country has a right to accept economic changes. As you have said, bitcoin is rising. It is being popular and known. Technology is one aay for economic growth and bitcoin, considering it as an advanced technology nowadays, will definitely change our economy.
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because as far as I know bitcoin is also about money.
And bitcoin is can be used for paying bills, paying tuition fees and even shopping and more.
I just asked.
And bitcoin is can be used for paying bills, paying tuition fees and even shopping and more.
I just asked.
Btc is a digital money or cash, yes. I am using it really by purchasing things online, buying prepaid loads, converting it into fiat thru a wallet app. Though, I haven't tried paying bills, most especially paying tuition fees. But the good thing is, bitcoin started to upgrade today. Honestly, I can't wait to see how far bitcoin as a virtual currency will go.
August 13, 2018, 08:32:50 AM
Bitcoin is rising worldwide.
Is there a possibility to change the economy of each country?
because as far as I know bitcoin is also about money.
And bitcoin is can be used for paying bills, paying tuition fees and even shopping and more.
I just asked.
it has a bad effect on economy and normal people who have not yet known what bitcoin is?
if the government determines that Bitcoin is illegal, domestic investors will buy digital assets abroad that have legalized the transaction. In the end, many domestic assets flow to other countries. The government does not have comprehensive transaction data. And that will be very detrimental to the country's economy. Is there a possibility to change the economy of each country?
because as far as I know bitcoin is also about money.
And bitcoin is can be used for paying bills, paying tuition fees and even shopping and more.
I just asked.
it has a bad effect on economy and normal people who have not yet known what bitcoin is?
August 13, 2018, 08:09:20 AM
Bitcoin does not give bad effects, it actually lifts the economy of the community but not for a country, bitcoin cannot be said to improve the economy of a country because the effects of bitcoin are not yet clear.
August 13, 2018, 07:30:24 AM
Bitcoin is still not universal, not enough to affect the economy. There are still countries who are not open to bitcoin and it is very difficult to pose an effect to economy if it is still not used worldwide. Maybe in time when the countries who ban bitcoin especially china will open its doors to bitcoin, then we can see its effect.
August 13, 2018, 07:29:31 AM
I have not understand you completely because why have bitcoin or other cryptocurrencies affect badly on economics or on a private person? Bitcoin is just a currency which is based on hi-tech but it is just a financial instrument and even more exactly it is an asset like EUR, YEN, GBP or other securities like government bonds, shares. So, bitcoin is an financial instrument which is used by some group of people and companies in the world for their needs. Why do they use bitcoin? It is easy because bitcoin provides a lot of benefits comparing with other paper currencies and pay attention that they are not forced by anyone to use bitcoin. Everybody can use bitcoin for payments or speculations and there are no reasons for fear that bitcoin may affect badly on someone or entire economics. Well, I think that fears about negative affection are fictional fears. I may suppose that fears around bitcoin are caused by rogues which tricked investors especially with ICOs but the current situation is much better. My conclusion is that bitcoin is a good asset which may be used for various operations much better than other assets and bitcoin is not dangerous for anybody.
August 13, 2018, 06:17:48 AM
For those who do not know about bitcoin, and the economic impact of bitcoin in any part of the world , bitcoin does not create bad impact to the economy ,but it will even help the economy of a certain place in any part of the world ,because bitcoin has a good concept in finances and investments.
August 13, 2018, 05:55:43 AM
for now bitcoin has not been able to make a very strong influence on the world economy, what is still dominant today seems to be the dollar, for bitcoin is not too able to influence the world economy.
August 13, 2018, 05:53:52 AM
there is absolutely no negative effect caused by bitcoin, bitacoin will not affect an individual or a group.
bitcoin is just a tool. the bitcoin holder itself determines whether bitcoin will be positive or negative.
bitcoin is just a tool. the bitcoin holder itself determines whether bitcoin will be positive or negative.
Unfortunately I am disagree with your statement, its true that bitcoin supposed to be a currency but most people make it as investment, and with a lot of money that circulated in crypto market it will decrease the circulation in the other investment and if bitcoin is used in too many transaction and the government doesn't regulate it, then the users can evade taxes, as we know tax is one of the primary income for the country, and without the tax income the country development will be disturb and inflation could happen
August 12, 2018, 08:56:14 PM
If the people are given enough understanding on what is cryptocurrency and bitcoin ,they will be educated the concept of cryptos ,the business strategy on how to run their investment , I think if the people knows about this thing in cryptocurrency then, it will create a bad effect in the economic impact.
August 12, 2018, 07:44:56 PM
Bitcoin is rising worldwide.
Is there a possibility to change the economy of each country?
because as far as I know bitcoin is also about money.
And bitcoin is can be used for paying bills, paying tuition fees and even shopping and more.
I just asked.
it has a bad effect on economy and normal people who have not yet known what bitcoin is?
I think most of the peoples are understand the Bitcoin is a cryptocurrency is not supporting to our country because most of the news channels are spread the negative thoughts of Bitcoin so 40 percentage of the peoples are avoiding the cryptocurrency and 40 percentage of peoples are supporting to Bitcoin and 20 percentage of peoples are still double mind in the crypto platform.Is there a possibility to change the economy of each country?
because as far as I know bitcoin is also about money.
And bitcoin is can be used for paying bills, paying tuition fees and even shopping and more.
I just asked.
it has a bad effect on economy and normal people who have not yet known what bitcoin is?
August 12, 2018, 07:19:10 PM
there is absolutely no negative effect caused by bitcoin, bitacoin will not affect an individual or a group.
bitcoin is just a tool. the bitcoin holder itself determines whether bitcoin will be positive or negative.
bitcoin is just a tool. the bitcoin holder itself determines whether bitcoin will be positive or negative.
August 12, 2018, 06:54:32 PM
Although BITCOIN itself will not change the economy, the block chain, which is the technology underlying BITCOIN, will strengthen the impact on the world economy. In reality, various projects using block chain technology occurred, people and money are attached there. When the project gets on orbit, a paradigm shift similar to when the Internet comes out will occur. I think that it will influence not only economy but also various fields such as national style, currency, national registration, contract, mobility, patent, entertainment, etc.
August 12, 2018, 06:46:38 PM
Bitcoin is rising worldwide.
Is there a possibility to change the economy of each country?
because as far as I know bitcoin is also about money.
And bitcoin is can be used for paying bills, paying tuition fees and even shopping and more.
I just asked.
it has a bad effect on economy and normal people who have not yet known what bitcoin is?
what kind of adverse effects do you mean, and what effect does it have for individuals or countries?Is there a possibility to change the economy of each country?
because as far as I know bitcoin is also about money.
And bitcoin is can be used for paying bills, paying tuition fees and even shopping and more.
I just asked.
it has a bad effect on economy and normal people who have not yet known what bitcoin is?
I think bitcoin has a very positive impact, because in addition to providing additional income, you become more idealistic by having bitcoin.
August 12, 2018, 06:06:56 PM
Bitcoin is rising worldwide.
Is there a possibility to change the economy of each country?
because as far as I know bitcoin is also about money.
And bitcoin is can be used for paying bills, paying tuition fees and even shopping and more.
I just asked.
it has a bad effect on economy and normal people who have not yet known what bitcoin is?
Is there a possibility to change the economy of each country?
because as far as I know bitcoin is also about money.
And bitcoin is can be used for paying bills, paying tuition fees and even shopping and more.
I just asked.
it has a bad effect on economy and normal people who have not yet known what bitcoin is?
This is the media who is responsible. Crypto community is really striving hard to create a good economic impact on the market and make aware of more people about crypto currencies to benefit out of crypto currencies. Good news on bitcoin's growth is taken to the people. But at times scam ICOs create bad name amongst investors leaving the feed back that investing in bitcoin will lead to loss as they do not know the meaning of bitcoin and other altcoins / crypto currencies. But i am sure this has come down and more started investing into bitcoin.
August 12, 2018, 02:03:21 PM
The dreadful bad impact is felt only by governments and political elites, smart traders and investors should follow this trend. If the Bitcoin circulation in future is better or in other words its price is stable because more transactions and speculators reduced will eliminate people's doubts about crypto.
August 06, 2018, 02:07:54 PM
It has a little bit of bad effect to the economy of some countries, the reason why Korea government lifted ban on Bitcoin is not clearly understand to us.
August 02, 2018, 01:31:25 PM
I never liked the idea of bitcoin effects over the economic! That doesnt affect at all because of bitcoin. Bitcoin value might touching the sky but the problem is this asset is not in the liquid mode and neither anyone of them are using it these days. What people do is just buy the bitcoin and hold them forever. This way the market doesnt have any effect on the national economy. If you want to see the effect over globe then consider asset like gold, diamonds, oil etc. They always have the economic effects because they are big and they are being used in the real world. 
August 02, 2018, 01:11:38 PM
Yes, we are at a stage where Bitcoin is trying to get into our daily life like buying and selling. Now crypto has become part of the lifestyle of some people, maybe even later crypto will be a lifestyle of adverse effects, I think crypto have the same possible impact as other exchange rates have on the currency, especially when crypto is overused that can cause the currency to lose its value.
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