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Topic: is there any economic effect for the country or bitcoin users - page 8. (Read 2328 times)

sr. member
Activity: 987
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Blue0x.com
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 believe so because you see, bitcoins are like any other stuff out there that are being used or needed. If it loses the users or the ones that need it, it will surely decrease in price and the other way around if its users increase. Now, if you are a holder of any coin out there or bitcoins, if various countries that have great amount of crypto holders bans cryptos, you will clearly be affected by the price dump. That is what I think. I hope this helps, good day op.
sr. member
Activity: 434
Merit: 250
I think when you will just use Bitcoin as a payment method then it will make difficult or nearly impossible process for the government to track your earnings, also problem will increase if no one continue to use national currency and it will cause damage to national currency and falls its value in intentional market, despite it will increase Bitcoin value with increase popularity still it will effect national currency.
sr. member
Activity: 630
Merit: 251
Offcourse,there are a effect on economy and bitcoin users.Because all the works of crypto are related to the economy.Big or small changes of cryto effect on economy. There are positive effect on national income.Many people can earn money by bitcoin and it increase the county development
Economy has a direct concern with the wealth of citizens. The way of life, the earning source, the earning money, the life standards and putting back to the society, this all have direct relation with economy. So we can’t just deny the fact. But bitocins have better results in this regard. People have got wealthier and now they are putting back better to the economy of their countries.
hero member
Activity: 798
Merit: 501
Offcourse,there are a effect on economy and bitcoin users.Because all the works of crypto are related to the economy.Big or small changes of cryto effect on economy. There are positive effect on national income.Many people can earn money by bitcoin and it increase the county development
Very honestly i do not think that it will such such a big effect on country level. i think that it can only effect the economical condition of a single person or just his family, for example  before bitcoin trading i was passing my time very hard, i was always facing financial problems but now after crypto trading it is really giving me a good financial support and hope that it will continue it for a long long time.
full member
Activity: 434
Merit: 103
impact  bitcoin on the economy is little bit like nothing, but it don’t mean that it is not going to leave the impact on economy, as you know many country decide to make cryptocurrency trade illegal, and this is the reason behind the cryptocurencies don’t make much impact on economy of the country.

But still, there is much more about the impact behind the cryptocurrencies as many of reputed brands started to invest in cryptocurrency, this will become the big factor in future that definitely affect the economy.
jr. member
Activity: 147
Merit: 2
Offcourse,there are a effect on economy and bitcoin users.Because all the works of crypto are related to the economy.Big or small changes of cryto effect on economy. There are positive effect on national income.Many people can earn money by bitcoin and it increase the county development
hero member
Activity: 1624
Merit: 624
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?

There was not any problem in my own country, but not a period homeland some problems have come to light if this matter was closed and later on in Turkey. The only problem that can be experienced today is the block which will be placed in the bank accounts after the purchases and sales made in the laden quantities. It is not a question of encountering another problem.
member
Activity: 210
Merit: 10
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?
Of course there is an impact in economy in both the user and in the country. First of all in the user there will be an impact on the user's economy since bitcoin gives profit and also might be the cause of loss of the profit of the user. Having bitcoin as a job will definitely gives way of opportunities to those never really have a job which means you will gain more tax that can be used of whag the country needs and might as well boost a country's economic status throughout the world.
newbie
Activity: 60
Merit: 0
Yes ofcourse there will be an impact on the users and as well as the country too. better to clear off your stock before your country too does it
member
Activity: 336
Merit: 10
Yes, there has great negative effect on the country economy or bitcoin users. One person earn effect the country economy, if he earn good amount, he contribute the country economy. On the other way when A person fall down or unable to earn money because of physical disorder, that also effect the country economy. So How does not impact the country economy if she earn by Bitcoin. The earning from bitcoin also use his changing lifestyle. So It is clearer that it has great impact.
If doesn’t, why government ban the BItcoin. Bitcoin also effect negatively if the the use use it as the purpose of crime. You know the World economy mostly affected by arm business? How it’s possible the world economy affected by arm. Behind the seen always hide form ourselves. In the same way Bitcoin also has great impact on the both site.     
member
Activity: 630
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Today I think cryptomarket and not only bitcoin is a good way to oraginize economical activities,which has already proven remarkably by some countries.There are many devloping and poor countries which have increased the state capital.As someone has already mentioned its a golden bridge for countries economical development and not for economical.We know that many individual consumers,business firms and agencies participate in this process,Which is ultimately useful and profitable for the state,So we see a great influence on the country,despite the fact we also see people who unknowingly do their own crypto business in order to get rich.
member
Activity: 224
Merit: 10
Bitcoin is the perfect tool to improve the economical situation in the country, where it is used. Unfortunately governments of several states are afraid that BTC users will damage their system and avoid taxes.
hero member
Activity: 1274
Merit: 622
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?
Of course there is influence. Simply, if more people buy Bitcoin using their national currency - the price of it will start dropping. And the decentralization aspect: the more people use cryptocurrencies - the less governments can control them.
sr. member
Activity: 770
Merit: 253
Economy is part of the country. People will be growth country also growth. If want to know about the country growth check the country economy. Most of the country  before stat the business check the economy. Then start the import and export. So bitcoin is helpful to country people growth and connect the other country people. It help to learn more information and get more ideas for invest in the best coin. So economy growth is important for the country country growth and people growth. Bitcoin is reach the all country people and it help to improve the people growth.   
Bitcoin is helping the people to improve their life and it means that they have more and more money to spend and that is how they are helping their country's economy to improve because they got more money to spend and it is giving more profits to the store and the tax is getting bigger so the government can do more projects to improve the economy in overall.
There is a positive and negative effect of bitcoin in the users and investors, if we are investors that positive effect in bitcoin will increase in value as the demand decreases , in the Economy if the demand in bitcoin will increase the potential investors in some stock market will gonna decrease or dumps.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Economy is part of the country. People will be growth country also growth. If want to know about the country growth check the country economy. Most of the country  before stat the business check the economy. Then start the import and export. So bitcoin is helpful to country people growth and connect the other country people. It help to learn more information and get more ideas for invest in the best coin. So economy growth is important for the country country growth and people growth. Bitcoin is reach the all country people and it help to improve the people growth.   
Bitcoin is helping the people to improve their life and it means that they have more and more money to spend and that is how they are helping their country's economy to improve because they got more money to spend and it is giving more profits to the store and the tax is getting bigger so the government can do more projects to improve the economy in overall.
jr. member
Activity: 210
Merit: 1
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?

Cryptocurrencies are disruptive economic innovation that have the potential to revolutionize the current economic structure and change how banks and financial institutions operate. Bitcoin is the most popular form of cryptocurrency that enables digital transactions between two parties without the need of an intermediary. Currencies like Bitcoin and Ethereum have opened gates for a new kind of market which unlike present money market is controlled by no one.
member
Activity: 644
Merit: 10
COVIR.IO
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 think banning on cryptocurrency or bitcoin does not give much effect because cryptocurrency have decentralized system. I think there is not much influence on economic on that country because they dont use crypto as their currency
sr. member
Activity: 910
Merit: 260
Economy is part of the country. People will be growth country also growth. If want to know about the country growth check the country economy. Most of the country  before stat the business check the economy. Then start the import and export. So bitcoin is helpful to country people growth and connect the other country people. It help to learn more information and get more ideas for invest in the best coin. So economy growth is important for the country country growth and people growth. Bitcoin is reach the all country people and it help to improve the people growth.   
full member
Activity: 659
Merit: 101
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?

The great popularity of the country's cryptocurrency testifies to the fact that there are financial problems in the country. In developed countries where transfers are cheap and convenient there is lesser need for cryptocurrencies.
But I think you are taking bitcoins as currency now. I think whichever country have legalized bitcoins and they are using them in their daily lives. Plus when all such crypto making impact on the individuals and ultimately the whole community establishes in terms of financial empowerment then how can you say there is problems in financial position if crypto are being used in some country?
full member
Activity: 336
Merit: 100
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?

The great popularity of the country's cryptocurrency testifies to the fact that there are financial problems in the country. In developed countries where transfers are cheap and convenient there is lesser need for cryptocurrencies.
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