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Topic: Re: Is bitcoin helpful to the economy? (Read 1500 times)

newbie
Activity: 101
Merit: 0
May 06, 2018, 10:44:21 PM
i think yes but not in large scale, bitcoin and cryptos are new and not everybody have a full access and knowledge about it, so generally speaking bitcoin only help a small percentage in economy's growth because what i understand about economy is it is run by a lot of factors and a lot of people, and massive people means middle class down, they are acting as a worker class who actually carry the economy on daily basis, but they don't really have a high resource and knowledge to access bitcoin for example, because they are still rely on paper money, so that is why i think bitcoin not really helpful to economy as we may though. 
full member
Activity: 476
Merit: 100
I agree that Bitcoin helps people to be financially productive and to a certain extent have financial freedom. But economy wise, since crypto currencies is not regulated. I understand that we are basically making money out of thin air. No taxes or goods backing this up. But then again, it is the same as stock markets. Can anyone correct me about this.
member
Activity: 238
Merit: 10
I think Bitcoin is helpful to the economy because it helps the people, may they be employed or unemployed. It helps the people to be productive especially on their vacant times or when they are not working. Bitcoin is getting a lot if attention in many countriesnow because it really helps the people.
Yes its true, there are unemployed people having a job because of bitcoins and some of them already change their lives because of earnings here and by using this blockchain technology it is now easy for us to pay bills and having online remittances.
newbie
Activity: 35
Merit: 0
Yeah bitcoin is so helpful to our economy. Also bitcoin is so very useful to the people who does not have a permanent work or unemployed. Also for the student who wants to earn money by theirselves. It is so helpful to all the people 😀
newbie
Activity: 77
Merit: 0
I think yes. For those who know and use bitcoin. As of now many of us using bitcoin as our extra income and other make fulltime in trading too. Its true that Bitcoin is really helpful for us and maybe someday it will be all of us.
newbie
Activity: 140
Merit: 0
yes it is true that bitcoin makes a lot of people for unemployment or just take time off. This is very helpful especially for those who have not worked for example the students like me. Set aside time to play this forum and it is very profitable for us.
newbie
Activity: 140
Merit: 0
I think Bitcoin is helpful to the economy because it helps the people, may they be employed or unemployed. It helps the people to be productive especially on their vacant times or when they are not working. Bitcoin is getting a lot if attention in many countriesnow because it really helps the people.

yes it is true. when jobless get income from participate in bitcoin, this really help the economy. it reduce unemployment.
newbie
Activity: 87
Merit: 0
Its yes,bitcoin is really help in economy it because bitcoin help the people have no work or unemployment people in every country that they do bitcoin to get or to have a money to make their life full of happiness that they buy a lot of things they we need true it with bitcoin.
jr. member
Activity: 179
Merit: 1
Bitcoin economy help a lot bitcoin has been the job of many unemployed people. Using this bitcoin, those who are unemployed, they can help the family in money income. This makes me think that there is a lot of improvement in the economy of the country. Again many people have done this bitcoin for the rest of the time by parttime job. In this way, along with the country and many other help is going on.
full member
Activity: 378
Merit: 100
Bitcoin is a big help to the economy. If more people are working with bitcoin and earning good income from it then the economy will be stable. More unemployed people will be given the chance to earn with big amount and that can help the economy.
For me bitcoin is really helpful to the economy, specially if a lot of people in this world will put there money with bitcoin, and i am pretty sure that many people will have a great future with bitcoin, and bitcoi  is really helpful to economy because bitcoin is can be used by all people.
full member
Activity: 350
Merit: 111
Bitcoin is a big help to the economy. If more people are working with bitcoin and earning good income from it then the economy will be stable. More unemployed people will be given the chance to earn with big amount and that can help the economy.
newbie
Activity: 136
Merit: 0
I think Bitcoin is helpful to the economy because it helps the people, may they be employed or unemployed. It helps the people to be productive especially on their vacant times or when they are not working. Bitcoin is getting a lot if attention in many countriesnow because it really helps the people.
Some are thinking that this is not helping the society because it is a decentralized system, because majority of people  keep on believing that taxes helps the economy to grow. But the fact that not of all have a job in the real world and then discovered bitcoin and become their source of income, this can be considered as a big help for the economy because the concern of economy is the society and if bitcoin is helping the jobless then it is ended a big help to economy.
newbie
Activity: 196
Merit: 0
Bitcoin certainly helps people to make money. On an equal footing with him and other cryptocurrencies, some of which have already proven themselves in the crypto world, are stable and allow you to earn on the exchange. Cryptocurrencies are our future!
sr. member
Activity: 602
Merit: 252
Yes, bitcoin can help the growth of economy, because Bitcoin helps the unemployed people to have a better life. If many people has a good life, it has a good impact to the economy.
Yes, it has given lot of users the ability to survive around the globe. When it comes to contribution to the economy of the country, it is contributing a small portion through the inflow of fiat happening with the support of bitcoin. When we make a trade, automatically there is an inflow which might be a small value but it gives its contribution.
full member
Activity: 434
Merit: 100
Yes, bitcoin can help the growth of economy, because Bitcoin helps the unemployed people to have a better life. If many people has a good life, it has a good impact to the economy.
full member
Activity: 238
Merit: 100
I am positive that bitcoin helps our economy as it opens doors and opportunities not possible before such as being able to provide a living and the ability to earn in unique ways. Also, the fees we pay are also being taxed.
full member
Activity: 268
Merit: 100
I think Bitcoin is helpful to the economy because it helps the people, may they be employed or unemployed. It helps the people to be productive especially on their vacant times or when they are not working. Bitcoin is getting a lot if attention in many countriesnow because it really helps the people.
Even though we cannot see it, bitcoin does help the economy somehow in different ways. The fees we are paying to the bank or the wallet we are using asks us some extra payment which ends up to the government's hand for the economy's betterment. Bitcoin has always been helping the economy secretely and we should all appreciate that.
member
Activity: 420
Merit: 10
It is impossible not to perceive the potential impact of the crypto-currency on central banking. The Bank for International Settlements (BIS), which is jointly owned by the world's leading central banks, noted  that bitcoin could interrupt the ability of central banks to exercise control over the economy and issue money.
Bitcoin is very helpful for economy of any country and that's why banking will more improve of their country because their people will earn much more money and the poverty of their country will reduce, so many of people who make money from bitcoin they will save some money in bank and some extra money invest in bitcoin for profit, so people can start any business in future and that's why unemployment will reduce from this world.
sr. member
Activity: 556
Merit: 250
I think Bitcoin is helpful to the economy because it helps the people, may they be employed or unemployed. It helps the people to be productive especially on their vacant times or when they are not working. Bitcoin is getting a lot if attention in many countriesnow because it really helps the people.


As for me, bitcoin don't directly help the economy but rather has a big impact in it's growth. As the people in the society succeed and grow in their financial stability, the economy grows as well. Each individual who uses bitcoin influences the development of the economy.
member
Activity: 266
Merit: 10
It is impossible not to perceive the potential impact of the crypto-currency on central banking. The Bank for International Settlements (BIS), which is jointly owned by the world's leading central banks, noted  that bitcoin could interrupt the ability of central banks to exercise control over the economy and issue money.
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