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 btc were in 2009 not be measured against USD and instead measured as minimum wage hours. where a californian($11) and a african(<$1) both could get BTC for lets say 550 hours labour. what you would see is americans would forex USD to african currencies and then buy BTC at 10x cheaper.. bringing the african-american exchange rates of forex into complete meltdown where people would prefer to forex before buying btc
..
however btc is measured agaisnt USD and then sheep calcuated (without real forex exchange swap) to other national currencies. so that other countries can swap fiat/btc using their native currencies internally without having to forex thus people see no benefit of forex swapping to cause any FIAT panics.
in the end banks and governments just see btc like an iphone. where someone buying BTC/Iphone hands fiat from the buyers bank account to the sellers bank account wher both are of the same country.. thus no panic from the banks.
where only maybe asmall amount of fiat the seller now has may end up getting swapped with other countries using forex but not enough to cause significant forex impact to change the economics of a country.. thus banks of a country dont care