How is it bad for my country if I send my bitcoins to another one without telling them? The amount of money in the economy of my country will remain the same, so I don't see how it can be a lost.
If you were using bank for transactions then the bank took a fee which from this the country takes a fee so the economy will grow a bit. But i don't think that will make any small change on the economy by just one person like you. 
Topic: How can my country lose money if I send bitcoins away? (Read 1262 times)
If you store your money on bitcoins, you have the money on yourself, not like fiat on banks. If lot of people stores its money on bitcoins the effect will be on banks economy (the same as if people don't trust banks and store its fiat money on his house). There can be a secondary effect that if banks not have lots of money to spend, they will not buy your country debt. And this will affect your country.
Sending bitcoins to another country implies that you are receiving something in exchange. If it's a currency, then it has no effect on the economy and hence stays the same else it does affect it. That also stands whether the bitcoins have been earned within your country or you have received them from another country.
Oh, exact. If it's a currency then it doesn't matter cause total amount of value in your country is the same that's true ^^
Sending bitcoins to another country implies that you are receiving something in exchange. If it's a currency, then it has no effect on the economy and hence stays the same else it does affect it. That also stands whether the bitcoins have been earned within your country or you have received them from another country.
How is it bad for my country if I send my bitcoins to another one without telling them? The amount of money in the economy of my country will remain the same, so I don't see how it can be a lost.
It's not bad. You didn't impact the economy with the bitcoins because bitcoins are not exclusive to your country. If anything, you only slightly changed it when you bought it (I'm assuming) with your country's money. Otherwise, there's nothing you need to worry about. Besides, you should concentrate on Bitcoins more if there's inflation or some nasty thing going on with your currency. It could prove to be a more stable currency than yours.
Strange question.Bitcoin is a currency like any other fully exchangable
IF you send in bitcoin banks wll not earn what i totally dont care
IF you send in bitcoin banks wll not earn what i totally dont care
Btc is not your national currency so nothibg will change actually..
Of course it will, btc carries value, if btc leaves the country value leaves it.
Yeah but it's rather logical, btc is digital, you can't impose national borders on that!
Yeah even if you want...
Maybe if all governments started investing in mining xD
This isn't about BTC, it's about income and spending in different places, and it's very common. For a while, I've been working in Switzerland (higher pay) while living in France (cheaper rent), thousands of people do that everyday. There are also many Africans earning money in Europe and sending it to their family at home. Don't worry about it.
Btc is not your national currency so nothibg will change actually..
Of course it will, btc carries value, if btc leaves the country value leaves it.
Yeah but it's rather logical, btc is digital, you can't impose national borders on that!
Btc is not your national currency so nothibg will change actually..
Of course it will, btc carries value, if btc leaves the country value leaves it.
Yeah but it's rather logical, btc is digital, you can't impose national borders on that!
Btc is not your national currency so nothibg will change actually..
Of course it will, btc carries value, if btc leaves the country value leaves it.
You are referring to the payments balance (here:https://en.wikipedia.org/wiki/Balance_of_payments). It plays together with the gross national income.
If you send BTC to another country, your country will loose wealth.
In case you recieve a certain service for that, this value will be part of the payments balance as well.
As BTC has value, no matter what country accepts them, yes it is that way.
If you send, and recieve nothing, in theory your contry has loss in gross national income,
if...and only if BTC is accounted,
or the BTC is changed into dollars.
If you send BTC to another country, your country will loose wealth.
In case you recieve a certain service for that, this value will be part of the payments balance as well.
As BTC has value, no matter what country accepts them, yes it is that way.
If you send, and recieve nothing, in theory your contry has loss in gross national income,
if...and only if BTC is accounted,
or the BTC is changed into dollars.
Btc is not your national currency so nothibg will change actually..
unless you're very rich in your country and buy a tons of bitcoin, this is not even remotely a problem
but it's true that bitcoin is sucking money from fiat, so in the future if bitcoin will be adopted on a large scale with an enormous marketcap, some fiat may die or lose their power
but it's true that bitcoin is sucking money from fiat, so in the future if bitcoin will be adopted on a large scale with an enormous marketcap, some fiat may die or lose their power
Sending btc to another country is like saying money!
It means there is no difference, you are actually sucking money from your country to another one
How is it bad for my country if I send my bitcoins to another one without telling them? The amount of money in the economy of my country will remain the same, so I don't see how it can be a lost.
it's like you're shopping online or go shopping abroad,of course a country that you go. will receive the exchange of money you spend in that country. just as you take out bitcoin,
from you buy bitcoin by your money (currency country) and you bitcoin spend in online
I doubt that this have some major impact on value on fiat in your country!
Bitcoin is still very young and does not have such power to suck value from fiat,
but if something like this happened believe me many regulations will come, same as for any other gold, silver..
Bitcoin is still very young and does not have such power to suck value from fiat,
but if something like this happened believe me many regulations will come, same as for any other gold, silver..
Only bitcoin is used in transaction purpose, which has evolved as a alternate currency. There is no economical loss when you transfer money to other because its purely on increasing economy.
unless you're very rich in your country and buy a tons of bitcoin, this is not even remotely a problem
but it's true that bitcoin is sucking money from fiat, so in the future if bitcoin will be adopted on a large scale with an enormous marketcap, some fiat may die or lose their power
but it's true that bitcoin is sucking money from fiat, so in the future if bitcoin will be adopted on a large scale with an enormous marketcap, some fiat may die or lose their power
if you have buy bitcoin with your own money and send it to other contry the devis price will go down but with a little % one person can make a lot of domage but there is so many that will be bad
There won't be any loss to your country AFAIK since it's not connected to them and they don't control it nor it circulates in the economy of your country if it just sits on your wallet, however if your in certain countries, you have to pay certain amount of tax from the earned BTCitcoin IIRC so on that case, there might be a slight change of outcome.
I don't see how one sending his own money (bitcoin or not) to somewhere else would affect the whole country's economy. If you send it anonymously you don't pay the transaction fee and the tax they impose on it but that's not all a country's economy is depended upon.
My man, don't worry. If your country's economy has even a modicum of robustness, you sending some bitcoin to another country will have no effect whatsoever. I could mail a check for a million dollars to some poor goat tender in shitcoinistan (assuming I had the money) and it would make no difference whatsoever. Now, if everyone in my country did the same then there might be a problem.
TL;DR: You're not that important. And I don't mean that to offend you.
TL;DR: You're not that important. And I don't mean that to offend you.
How is it bad for my country if I send my bitcoins to another one without telling them? The amount of money in the economy of my country will remain the same, so I don't see how it can be a lost.
i don't know in which country where you are but i think economy in your country will not be affected if you send your bitcoins to another country without telling them i do say like this because i was send bitcoin to people from other country and it would not affect anything 
It's bad for your country if you start using Bitcoin instead of their fiat money. I suppose you could say the "amount of money" stays the same, but that doesn't make much sense.
People using something that is out of control is scary for any government.
People using something that is out of control is scary for any government.
How is it bad for my country if I send my bitcoins to another one without telling them? The amount of money in the economy of my country will remain the same, so I don't see how it can be a lost.
Well... No. If you send money away there is less in your economy that's obvious!
I think it's mainly due to the fact that a lot exchanges that operate in a certain country try use bank accounts in countries with less to no restrictions. If you for example deposit $1000 to an exchange located and operated outside your country, then your fiat has officially left your country after a few working days. I think that's the main worry of certain countries.
It shouldn't make your country poorer. Its when investment in your country goes down if say you invested a lot in your country, then it would become poorer. GDP shouldn't be affected by this at all.
I don't think bitcoin is your national currency. Thus your country wouldn't lose money. Bitcoin is international. It belongs to everybody and can't be lost. At least that's what I think.
I'm not entirely sure of what you are trying to say.
In essence, no money leaves your country, or at least none of the government-issued fiat money, and as such there is no issue. Using Bitcoin to move money is one of the workarounds for the situation you are describing.
There isn't any reason to tell the government you are transferring money outside of the country, unless it is some sort of law in your country. Unless your country is as poor as can be, there is no issue sending money out of the country (And even then, it is your money, not theirs).
In essence, no money leaves your country, or at least none of the government-issued fiat money, and as such there is no issue. Using Bitcoin to move money is one of the workarounds for the situation you are describing.
There isn't any reason to tell the government you are transferring money outside of the country, unless it is some sort of law in your country. Unless your country is as poor as can be, there is no issue sending money out of the country (And even then, it is your money, not theirs).
How is it bad for my country if I send my bitcoins to another one without telling them? The amount of money in the economy of my country will remain the same, so I don't see how it can be a lost.
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