I don’t notice any effect. There isn’t much people using Bitcoin in my country, so it won’t be having that much effect. But if it in anyway does have an effect, I believe it might be a positive effect and not the negative type. Because if it does negatively, the government will do any possible thing to take it down.
I have seen a very significant change in the economic condition of my country since the time this crypto currencies have been introduced to this world and the time when the people living in my country started to know about it. However, still a lot of awareness is needed to be done as our economy can be made even better in the near future and for that all of us needs to contribute our efforts. 
Topic: Economy in your country - page 8. (Read 1947 times)
What do you think are the effects of btc in your country? Because in my country it thus not affect the economy of ours. Share yours.
Bitcoin has not had a very significant impact in my country, only certain people know the cryptocurrencies
Here in Philippines, I'm sure there are a lot of Filipinos already earning a good amount of money in Bitcoin or Alts. And I'm sure that these people add value to the economy as money goes inside the Philippines while spend it here. But currently, there was no formal study or documentation how bitcoin affect our economy but I'm sure in a long run it will be well known by everyone.
If in my country hell for those who already know bitcoin. They are better in terms of the economy but this is only for the people just not for the country, many have become rich because they plunged into this bitcoin world and with bitcoin too they are used to finance their daily life,
What do you think are the effects of btc in your country? Because in my country it thus not affect the economy of ours. Share yours.
In my country, there is an impoverished economy, and it seems that the trend of economic development of the nation appears to be absent, in my opinion, my country's economy is always in decline, and there is no sign of recovery, This led to an insufficient demand for Bitcoin operations in the country. I don’t notice any effect. There isn’t much people using Bitcoin in my country, so it won’t be having that much effect. But if it in anyway does have an effect, I believe it might be a positive effect and not the negative type. Because if it does negatively, the government will do any possible thing to take it down.
The cool thing about bitcoin is that it is very hard to make it disappear, ban it or limit it at all. So if bothers the government is a sign that it is not doing the right things for people.
I don’t notice any effect. There isn’t much people using Bitcoin in my country, so it won’t be having that much effect. But if it in anyway does have an effect, I believe it might be a positive effect and not the negative type. Because if it does negatively, the government will do any possible thing to take it down.
Bitcoin situation in my country is not rosy yet especially with our Government where some of our so called leaders are full of cruel acts and would not want to allow an unregulated entity in the economy. I can only affirm that few of us who are knowledgeable and users of Bitcoin are still the one enjoying the potentialities of Bitcoin. Hopefully, it shall be gaining ground because so many are already getting to know what Bitcoin entails.
In my country also bitcoins are not being used by middle class or poor people. Most of the rich people are only investing in bitcoins as they have lot of savings to spend on it. On the other hand there are millions of jobless young people in my country. Leave about bitcoins, they do not have enough money to start a small business. If the government takes enough steps to provide jobs to these young people, we can see a lot of them investing in bitcoins in future. But I think these politicians are just concerned about their vote bank.
Bitcoin situation in my country is not rosy yet especially with our Government where some of our so called leaders are full of cruel acts and would not want to allow an unregulated entity in the economy. I can only affirm that few of us who are knowledgeable and users of Bitcoin are still the one enjoying the potentialities of Bitcoin. Hopefully, it shall be gaining ground because so many are already getting to know what Bitcoin entails.
In my country also bitcoins are not being used by middle class or poor people. Most of the rich people are only investing in bitcoins as they have lot of savings to spend on it. On the other hand there are millions of jobless young people in my country. Leave about bitcoins, they do not have enough money to start a small business. If the government takes enough steps to provide jobs to these young people, we can see a lot of them investing in bitcoins in future. But I think these politicians are just concerned about their vote bank.
Different country different situation in their economy, in my country there was no massive impact of bitcoin here, but as i have noticed, more and more people began to recognize bitcoin. Bitcoin is the substitution of unemployment. Bitcoin can help them to provide their needs even they are unemployed. Bitcoin can help people to reach their dreams
Bitcoin situation in my country is not rosy yet especially with our Government where some of our so called leaders are full of cruel acts and would not want to allow an unregulated entity in the economy. I can only affirm that few of us who are knowledgeable and users of Bitcoin are still the one enjoying the potentialities of Bitcoin. Hopefully, it shall be gaining ground because so many are already getting to know what Bitcoin entails.
All authoritarian countries control the population through a low standard of living and wages. Therefore, Bitcoin will always affect the economy of Russia, Venezuela, African countries and other third countries.
China is too large for bitcoin yet.
Maduro made its cryptocurrency by the hype. But it will not help him
China is too large for bitcoin yet.
Maduro made its cryptocurrency by the hype. But it will not help him
The economy in my country was so financial crisis that it caused huge economic contracts and a corresponding decline in public spending. It is not surprising that debt and subsidies are increasing drastically, while development spending is sharply reduced. So with the advent of income from crypto currency, it is possible if the state can maximize the management and tax rules of use. Perhaps it could add a typical income to the country.
Bitcoin does not have a strong influence on it, although he is widely known in my country and many earn on it
Some people are greatly helped by bitcoin to overcome the financial difficulties it feels, especially the lower middle class because my bitcoin state has not been accepted by the government. so there is no effect whatsoever on the national economy. But not with most people they expect bitcoin legality here.
In my country it has no effect because a huge majority of people are not tech educated and cannot even comprehend the idea of cryptocurrencies. The media do run stories about crypto every so often, but the stories are always sensationalist in nature and not well researched. But almost every programmer I know in my city is invested in crypto. A lot of them mining as well. I met a cab driver and a waiter who are mining Ethereum. Anyways, really excited to see what this year will bring for crypto in terms of regulation and mass adoption. It will be interesting to see how countries respond when big players start entering crypto 
Our county economy is undeniably facing a hard time today. given the fact that the inflation rate is going higher every time raising prices of almost all commodities, we are economically down this time. and i hope this will never last for too long.
the economy of my country is not good because some politician are corrupt some investor are affected.bitcoin help many people in my country
The economic condition of different countries vary significantly form one another as the rate of inflation is different in every country. However, things are not that much bad in my country as are in several other countries. Our government have started several development projects and because of which, the economy is getting better and better with every passing day, thus giving a chance to have a better living.
There has been impact of BTC in my country. Not many people or government are talking about it
What do you think are the effects of btc in your country? Because in my country it thus not affect the economy of ours. Share yours.
Because of the popularity of bitcoin worldwide our people in our country get curious and start to enter crypto world.Even we are far and not a progressive country people here still uses bitcoin.They use it for their everyday need,investments and for loans also.It really a great help to our economy.full member
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Effects are awesome, there is constant innovation happening here not to mention the laws are favorable for those who hold onto BTC. It isn't like the USA here where they are all up in your business and will snatch the tax money from you
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