Topic: is there any economic effect for the country or bitcoin users (Read 2399 times)
How can you generally ban crypto when it was originally built on anonymity. Any person in any country can use it, regardless of any prohibitions.
Yes there big effect in bitcoin users and also in economic , why because every bitcoin users use this as financial and others to transact online like as buying some product online , we can use crypto for business and more. But i read in some news that crypto is really bad effect in banking but in my side crypto is very useful because i know how to use this.
economic effect? of course with the existence of bitcoin and other crypto currencies have a positive impact on as many people as possible in their economic lives, although some of them do not suffer a loss. profit or loss is an economic impact.
but I think their prosperity will occur in 2017, where if the country has legalized crypto, and many of its citizens are bitcoiners, of course the country will prosper. for example, if there are many people who are suddenly rich, then the economy in that country can run smoothly by involving many parties
the reference to the impact on the state must be clearly regulated with matters relating to regulation, so far I have not received accurate data on matters that must be specified in official regulations, but personally I am sure many have already had quite interesting impacts and change lives to be more developed every day from BTC.
now there are some countries that began to issue a ban on the use of bitcoin, is there any influence on the country and of course its users in economic value?
I do not know how it affects the country. But on individuals I think it improves people's income.
Their standard of living is probably good for the state.
economic effect? of course with the existence of bitcoin and other crypto currencies have a positive impact on as many people as possible in their economic lives, although some of them do not suffer a loss. profit or loss is an economic impact.
people who have bitcoin are very little of the percentage of all people in this world, the amount is not big. I don't think this has a big effect on the economy, unless bitcoin is accepted in all countries.
In my country, bitcoin owners are not free like in other countries like the US or Japan, because the status of bitcoin is still gray, it is not prohibited for investment but is prohibited from being used for payments. So the effect for the country in my opinion is not there.However, for bitcoin owners who have been chasing since the beginning, many are now millionaires because they are loyal to collect bitcoin when the price is still cheap and they sell it in 2017. The results they get are invested in buying agricultural land, building houses and investing in education.
now there are some countries that began to issue a ban on the use of bitcoin, is there any influence on the country and of course its users in economic value?
in my opinion the economy can affect crypto currencies but crypto currencies cannot affect the economy of a country because in my opinion the state has not fully provided the legality to be a crypto currency as the applicable currency 
now there are some countries that began to issue a ban on the use of bitcoin, is there any influence on the country and of course its users in economic value?
If there is a blatant ban on the use of bitcoin people who are interested in trading in bitcoin will find a way to overcome the ban ,no government can completely ban the use of bitcoin or its transactions, either they have to come up with a regulation to restrict any fraud being conducted using the platform and they should encourage strict know your customer policy so that nothing is left unturned rather than putting a restricting the freedom of any investor.now there are some countries that began to issue a ban on the use of bitcoin, is there any influence on the country and of course its users in economic value?
If there is a blatant ban on the use of bitcoin people who are interested in trading in bitcoin will find a way to overcome the ban ,no government can completely ban the use of bitcoin or its transactions, either they have to come up with a regulation to restrict any fraud being conducted using the platform and they should encourage strict know your customer policy so that nothing is left unturned rather than putting a restricting the freedom of any investor. people who have bitcoin are very little of the percentage of all people in this world, the amount is not big. I don't think this has a big effect on the economy, unless bitcoin is accepted in all countries.
Agreeing, with the low number of users in each country, the ban on the use of bitcoin or crypto, it does not bring about too big or negative effects on the economy, unless everything is like you say, if bitcoin is accepted and used universally, the ban will have a huge impact on the economy. However, we will need a very long time for the government to manage and allow bitcoin to appear in everyday life, current ban from the government is too useless when they can not manage all activities with Bitcoin, Bitcoin users can still operate very comfortably 
people who have bitcoin are very little of the percentage of all people in this world, the amount is not big. I don't think this has a big effect on the economy, unless bitcoin is accepted in all countries.
My fantasy is for that to happen as early as possible. Clearly it won't take off until bitcoin turns into a decent use case for financial transactions. The development still going on, its simply course of time that each retailer acknowledges it and favors it.It doesn't really have a bad impact on real currencies with BItcoin prices which are declining now. I think Bitcoin is more based on rising or falling dollar prices.
people who have bitcoin are very little of the percentage of all people in this world, the amount is not big. I don't think this has a big effect on the economy, unless bitcoin is accepted in all countries.
My fantasy is for that to happen as early as possible. Clearly it won't take off until bitcoin turns into a decent use case for financial transactions. The development still going on, its simply course of time that each retailer acknowledges it and favors it. 
people who have bitcoin are very little of the percentage of all people in this world, the amount is not big. I don't think this has a big effect on the economy, unless bitcoin is accepted in all countries.
now there are some countries that began to issue a ban on the use of bitcoin, is there any influence on the country and of course its users in economic value?
When Australia made bad regulations about cryptocurrency taxation their national income from fintech industries was decreased. The same thing will happen if there is an attempt to complicate the use of bitcoin including banning. It can hamper economic growth in this important sector.
Certainly there is. Just take a look at bounty hunters who worked for a certain ICO project. The person say doesn't have any but after he receives the equivalent amount of money from bitcoin as payment for his on bounty. He then uses the money to buy for himself a living or perhaps to start a small business where if successful he can then provide for himself daily and that is because he earned money from bitcoin. There are so many individual who have made riches just because of bounty hunting in our locality. Though for now bounty hunting earnings had dropped so much after the bearish trends plague the digital market with continuous dropping prices.
now there are some countries that began to issue a ban on the use of bitcoin, is there any influence on the country and of course its users in economic value?
with the prohibition of bitcoin or crypto currency by the government, I don't think at this time it will affect the country's economy but if the government does a ban that will endanger the economy of that country 
of course bitcoin can have an economic impact on its users. can be a positive or negative impact. if that person buys and sells bitcoin at the right time it will get economic benefits. otherwise if you buy at the wrong time you will get a loss. and some countries prohibit bitcoin because they are afraid that bitcoin can threaten their banking system. and also they think bitcoin is a bubble that will erupt and fall. so they prohibit bitcoin so that its citizens do not suffer losses. but this is wrong thinking. because bitcoin is not a bubble and can actually provide job vacancies for unemployed citizens. and this will have a positive impact on the country.
there is no effect on the country's economy, because bitcoin is not related to the government. it's just that the government is worried because of the fluctuations in the crypto market, and is worried about its users, nothing more.
If crypto leads to a fairer distribution of money (rich people have less money and poor people have more money) this can help to increase the purchase power of the people. More people will be able to buy what's positive for stores and manufacturers because they sell more products.
there is no effect on the country's economy, because bitcoin is not related to the government. it's just that the government is worried because of the fluctuations in the crypto market, and is worried about its users, nothing more.
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