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Topic: Economy in your country - page 9. (Read 1934 times)

sr. member
Activity: 588
Merit: 250
March 02, 2018, 11:59:48 AM
Economy in my country is bad to be honest. People getting low salary and almost everything overpiced there.. i really want to move outside but have no money.
newbie
Activity: 140
Merit: 0
March 02, 2018, 11:50:16 AM
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.

Economy in my country is stable but there still some company pays lower than the minimum wage.But in Btc I think my country is not that opened about Btc.I dont even know a shop or company that use btc as payment.i dont notice some effect of Btc in our economy for now.
sr. member
Activity: 1400
Merit: 269
March 02, 2018, 11:38:59 AM
In my country the economy is fine because our government has not yet legalized bitcoin as a payment method or maybe they have, dont know. But what i do know is they've regulated bitcoin so that bitcoin users will have to convert into our fiat to spend or buy something. So i guess bitcoin is benefiting to our economy in some way. It's still in the stage of adoption by merchants and busineses.
member
Activity: 336
Merit: 10
March 02, 2018, 11:30:22 AM
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.
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the impact of btc in my country is very good as it helps the economy of the people by knowing the program of gift with persistence for those who follow the gift of getting btc.
full member
Activity: 353
Merit: 100
March 02, 2018, 11:22:26 AM
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.


Our country actually doesn't feel any effect from bitcoin yet but most individuals and users here are the ones who are experiencing the goodness of bitcoin's profit as their source of income. I think that if every individual will experience the success of bitcoin, it would affect the society and economic's growth as well.
full member
Activity: 264
Merit: 100
March 02, 2018, 10:50:25 AM
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 neutrality of our government regarding this Bitcoin , it doesnt help a lot, the impact of this platform will be direct with the person or group of individual who work here in Bitcoin with an exchange eith profit . The government in our country believes that people may lose big percentage of their profit because Bitcoin dumps without any clue.
member
Activity: 490
Merit: 11
March 02, 2018, 10:39:37 AM
Economy of my country is very low,government officials making their way of resolving the issue,they were increasing tax exemption of workers just to solve poverty,but it is not in favor of those jobless people,some local government officials was sponsoring seminar about bitcoin,hoping that it can help the economy to grow up.
sr. member
Activity: 980
Merit: 276
March 02, 2018, 10:29:01 AM
There is not an effect till now. Cause bitcoin is not so much popular here. There are only a few big investors. Maybe it will increase when government stop to speak about crypto market taxes.
full member
Activity: 546
Merit: 100
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March 02, 2018, 10:23:16 AM
In my country crypto currency is already accepted by the most of people, and it works more or less good, without any regulation from the government side.

It's good that crypto currency is accepted in your country because it means that there is a chance that your economy will grow more with the bitcoin by your future. In my country bitcoin is also accepted but government always warning us to think twice before we invest ,for me they are doing good because scammers are always there so we need to be careful everytime.
member
Activity: 210
Merit: 11
March 02, 2018, 10:15:18 AM
In my country crypto currency is already accepted by the most of people, and it works more or less good, without any regulation from the government side.
member
Activity: 349
Merit: 10
March 02, 2018, 10:12:20 AM
bitcoin makes my country's rectification improved, lots of bounty hunters here and they became successful after using their pay to trade, I'm glad a lot of altcoins are coming up and need somebody who wants to do bounty, hopefully this will continue like this
My country has a growing economy, but virtual currencies have not been accepted by Bitcoin in my country because those currencies still have the potential to transform the domestic market. I think that ten years from now, my country will accept Bitcoin because the government can not profit from these currencies.
jr. member
Activity: 193
Merit: 4
March 02, 2018, 07:23:14 AM
bitcoin have not make any positive impact on the economy of my country but individuals who took the risk of investing in bitcoin have enjoyed good profit from it
newbie
Activity: 184
Merit: 0
March 02, 2018, 06:04:02 AM
My country just got out of recession
newbie
Activity: 58
Merit: 0
March 02, 2018, 06:01:34 AM
Bitcoin is not well known in our country. I just know bitcoin to my cousin and I become interested in it because bitcoin makes their life more comfortable and they are getting financial support to their individual needs. But I think soon, it will become well known because of those person who will cascade that good information to their relatives and friends about bitcoin in our country. By this, a lot of people in our country will be interested to know about bitcoin and to have knowledge about bitcoin so they will cascade it. By this scenaeio, bitcoin will become famous and legalize in our country.
member
Activity: 280
Merit: 12
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March 02, 2018, 05:24:03 AM
The economy of my country is still very weak compared to other countries, more than 50% of the population in my country is still weak with their income.

Maybe if the price of cripto money could rise high again up to 50,000 USD / 100,000 USD some of the people in my country who are still weak with their economic income could soon turn out to be better than before.

Therefore, if there is a sufficient change process to help the lack of income facilities for residents in the territory of my country.

If the price of the cripto money drops weakens when the economy in my country will change, if they are still looking for income with energy not with technological developments, and they will experience increasing unemployment.
jr. member
Activity: 43
Merit: 1
March 02, 2018, 05:07:07 AM
My country put quite strict regulation on cryptocurrency. Thus, so far I don't really see how the highs and lows of the crypto world have affected my country.
full member
Activity: 380
Merit: 100
March 02, 2018, 04:57:11 AM
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.
jr. member
Activity: 78
Merit: 5
March 02, 2018, 04:40:33 AM
the economy in my country is bad because many officials are corrupt, but after getting to know bitcoin and teaching it to friends it helps us all, I hope my citizens will recognize bitkoin as well so that their life will be easy

Well.. That's good answer Grin
newbie
Activity: 30
Merit: 0
March 02, 2018, 03:49:56 AM
China's economy is moving in a good direction, but this country is very much exclusive of digital currency
sr. member
Activity: 826
Merit: 256
March 02, 2018, 03:37:05 AM
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 should be totally adopted into the mainstream first before it can cause effects on economy. Many governments have no plans to make bitcoin as a legal tender or being use as a part of their monetary system because of its decentralized structure. Here in my country, bitcoin and other cryptocurrencies are under the regulation of exchanges and use only for online transactions. The number of businesses and users of cryptocurrencies here are not yet significant so the effects is still minimal.
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