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Topic: important point - page 4. (Read 2522 times)

member
Activity: 448
Merit: 10
September 09, 2018, 09:58:39 PM
there are still many benefits to be gained if the government accepts bitcoin as payment money but the government just doesn't want local money to be replaced by bitcoin, because local money is a characteristic of the country
I got your point mate but I think if government will accept it so it is not only good for investors but it is good for all of us, at this point of life we all should move with advancement, technologies are for our goodness so all of us should try it and use it, as we can see how our economical life has changed because of crypto currency so all of us should invest it someday all government will know and accept the worth of crypto currency.
newbie
Activity: 94
Merit: 0
September 08, 2018, 09:13:15 PM
I also think like that, but not to pay off the debts of the country, bitcoin will reduce the poverty rate in a country that uses cryptocurrency and this will greatly help the government in reducing the unemployment that is happening in every developing country.
you are right, cryptocurrency can reduce poverty in every country, there are many new companies like airdrop giveaway and bounty to reduce premium unemployment in every country. and honestly I myself am a high level unemployment premium from my friends
full member
Activity: 434
Merit: 105
ADAB ICO
September 08, 2018, 11:51:46 AM
government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.

I do agree on you, there are a lot of countries today that has a blooming economy due to legalization of cryptocurrency in their country and that is the reason why other governments should allow cryptocurrency in their area.
legendary
Activity: 1442
Merit: 1025
September 08, 2018, 11:39:10 AM
I am sure if the government accepts bitcoin then its people will be far prosperous and sufficiently. The countries are liable to increase per capita income. In addition, transactions in the country also become easier, cheaper and faster.
yes, I'm also sure that if the government accepts bitcoin, the country can be helped if the country is involved with economic problems, because bitcoin can be profitable for investors
Firstly, awareness will be created through that, as people will get to see that it is not something that is worth being scared of and at least, as long as they still understand the risk anyway, they can still get the best from it in the long run.

Now, this is simply just not about the increase in value in the long run, but we also have to look at the fact that means of payment will become easy, in that kind of channel, there will be easy flow of funds in and out of the country and for countries with very good resources, that can create channels for international grounds in the commerce related areas.
newbie
Activity: 53
Merit: 0
September 08, 2018, 11:03:55 AM
Yes, it's possible because bitcoin does have a positive impact on our economy, especially for the poor, but the bad impact is that money laundering is very easy, it will harm the country.



I think if bitcoin is received in every country it's a very good thing, and I believe that bitcoin, in particular, can reduce poverty when many people invest in bitcoin. But that can all happen if every country receives bitcoin.
member
Activity: 294
Merit: 11
September 08, 2018, 10:53:34 AM
As an option, why countries accept crypto-currencies, this is the desire to support their own currency, tying to the rate of crypto-currencies.
sr. member
Activity: 504
Merit: 250
September 08, 2018, 10:44:00 AM
I would add some other topics also:
 - influence on the state currency
 - using of the bitcoin for criminal purposes in the country

I agree that bitcoin is using by criminal purposes, Because all of the transaction here is hidden. The criminal dont need to be afraid to kill someone to get money with no evidence at all by using this by paying them.Money is all in the world and some of the people doing bad things just to get more of it.
it is small amount if compare with total money circulated in cryptocurrency.many people spread news about crypto usage in criminal case. less than 2 percents maybe.
legendary
Activity: 2044
Merit: 1115
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September 08, 2018, 10:22:08 AM
government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.

There's absolutely zero reason to expect that simply switching to bitcoin would solve any economic problem. It's not a silver bullet. It doesn't change anything about the economy. That's like saying the US switches to the Peso and suddenly poverty is solved. It makes no sense. Switching the underlying currency doesn't solve anything, it just means all the economic problems are denominated in the new currency now. Literally nothing changes. Bitcoin will not help pay off the national debt, will not increase the economy, and will not decrease the poverty level.
newbie
Activity: 210
Merit: 0
September 08, 2018, 06:46:33 AM
I would add some other topics also:
 - influence on the state currency
 - using of the bitcoin for criminal purposes in the country

I agree that bitcoin is using by criminal purposes, Because all of the transaction here is hidden. The criminal dont need to be afraid to kill someone to get money with no evidence at all by using this by paying them.Money is all in the world and some of the people doing bad things just to get more of it.
full member
Activity: 476
Merit: 100
September 07, 2018, 11:42:25 PM
yes you are right the government should be able to help the development of the economy in this world to be able to get better but maybe by banning the circulation of bitcoin maybe the government will experience the loss you mentioned.
newbie
Activity: 196
Merit: 0
September 07, 2018, 11:35:25 PM
government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.
I agree with you fellow. These can all happen of the government agree for bitcoin or the cryptocurrency. It helps a lot especially to those people whose income is just enough to support the basic needs and most of all to those jobless.
sr. member
Activity: 1078
Merit: 254
September 07, 2018, 11:28:40 PM
government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.
I couldn't agree more. But life is like an accounting transaction where there will be the value received and value parted with to put it into a more understandable language it has advantages and disadvantages such as uncontrollable illegal transactions that are hidden due to bitcoin is well known for distributing a large amount of money.
newbie
Activity: 94
Merit: 0
September 07, 2018, 11:02:16 PM
there are still many benefits to be gained if the government accepts bitcoin as payment money but the government just doesn't want local money to be replaced by bitcoin, because local money is a characteristic of the country
member
Activity: 700
Merit: 10
September 07, 2018, 09:25:20 PM
government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.

If bitcoin regulate and recognized by government, it still can not used for paying government debt. Government can not make speculation or investment because government is regulator but i am agree that bitcoin can improve the economy of peoples.
full member
Activity: 434
Merit: 105
ADAB ICO
September 07, 2018, 05:53:29 PM
I am sure if the government accepts bitcoin then its people will be far prosperous and sufficiently. The countries are liable to increase per capita income. In addition, transactions in the country also become easier, cheaper and faster.
yes, I'm also sure that if the government accepts bitcoin, the country can be helped if the country is involved with economic problems, because bitcoin can be profitable for investors
i think government is still looking for the right policy to legalize bitcoin, besides they wait and see its development, because many developing countries are not ready for many things if legalized

That will be depending on the country you are on because most of the people in the corporate world today does not have the same opportunity since other countries are banning bitcoins on their area.
legendary
Activity: 2534
Merit: 1338
September 07, 2018, 12:31:26 PM
government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.
Governments do not care at all about the positive effects that bitcoin may have on the economy or on the people, they only see the negative points that bitcoin is going to bring to them and since they are completely selfish and only care about their positions and their jobs then they do not want to accept bitcoin because they fear they are going to lose it all and they are right.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
September 07, 2018, 11:29:41 AM
government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.

I agree on you, japan right now is using cryptocurrency to improve their own economy and that's the reason why their own people is living in wealth so i hope that bitcoins someday will be recognized on other countries as well.
Bitcoin is a technology,purpose of technology is to help in many ways and to make things more easier and simpler. Like all technologies this one will do what you program it to do. I don`t understand how using cryptocurrencies can pay off some debt, you need to make money, or crypto currencies and than you need to pay the debt with that. Simple explanation you need to have something already and than to add some technology
for more efficiency.
Cryptocurrencies can create more healthy economy than current economy is. With that will come more money and if you distribute that more money in the right direction you can lower poverty in the country.
member
Activity: 196
Merit: 10
“Blockchain Powered Clinical Trial Management”
September 07, 2018, 10:42:39 AM
government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.
I don't understand how this will be realized in your understanding.
I believe that the recognition of bitcoin by currency can harm the economy of the country now, because there will be a lot of uncontrolled funds, but it will attract many smart people and companies that will develop technology in the country, which in the future will become the determining factor.
member
Activity: 210
Merit: 10
September 07, 2018, 10:38:48 AM
bitcoin could also bring new job opportunities, new businesses and will hold really help the country in the economic side, more excited about how bitcoin could change the transactions system, easy transactions between countries, and transparent transactions using blockchain system, it will be so great if all countries agree to accept bitcoin...
full member
Activity: 378
Merit: 100
September 07, 2018, 10:30:38 AM
government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.

I agree on you, japan right now is using cryptocurrency to improve their own economy and that's the reason why their own people is living in wealth so i hope that bitcoins someday will be recognized on other countries as well.
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