Re: Is bitcoin helpful to the economy? - page 21.

Flickkk

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Quote from: hermae on March 06, 2018, 02:03:39 AM

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.

for me as a normal citizen . earning bitcoin or other cryptocurrency helps alot of people
and the economy. because we can afford some goods with our earnings or start a business .
but i think there is a bad impact for the Government who is bitter because they say that Cryptocurrency is Money Laundering.

decoder88

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Quote from: Xester on March 06, 2018, 10:56:40 AM

Quote from: hermae on March 06, 2018, 02:03:39 AM

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 I agree that it is helpful to the economy. As many people now are earning good income with bitcoin. It lessens people who are not being productive. Bitcoin gives hope and building dreams to those who were unfortunate to earn decent amount of money before. Bitcoin gives income fairly to those who wanted to earn.

Ofcourse bitcoin is helpful to the economy. It is like a life saver that has already helped many users to earn. A good income to those who are in need. And also bitcoin has been a great help for the people who has no job. Bitcoin has helped them to become somehow productive. And bitcoin has been a good help of the every day needs of the users.

fredo123

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Yes, bitcoin actually doing a great role in providing income to unemployed individual, There are many individual who pushes to stop their regular job and focused on trading bitcoins, Due to high returns and efficient to get along. Many of us had a hard time to find a descent job to survive and some are not lucky to get in, but through bitcoin, everybody are welcome as long as you have the interest and passion to work on online job. It is also proven to everybody that many people are getting richer through investing cryptocurrency. Bitcoin is truly helpful to economy:)

Seram1

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Quote from: Melon12 on March 07, 2018, 03:25:23 PM

I think if bitcoin succeeds it will have a amazing impact of the economy of the country, because bitcoin help many people to have there income especially those unemployed people.

with the presence of bitcoin is very helpful to our economy and reduce the unemployment rate. people who still do not get a job can earn a living by doing bitcoin, and who already get a job with the bitcoin they can get extra money from here. so I think bitcoin really helps the economy of people in this world.

Melon12

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I think if bitcoin succeeds it will have a amazing impact of the economy of the country, because bitcoin help many people to have there income especially those unemployed people.

yoseph

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Quote from: greenpath on March 07, 2018, 02:02:18 PM

Bitcoin is helpful to the economy. It makes the undergraduated who are unemployed to employed. This is one thing of bitcoin's good side to help the economy. If the government apply tax it can be more helpful for one country to make a move for a better economy.

There are a lot of undergraduates like myself would have been unemployed and flat out broke if i hadn't been investing into bitcoins for some time now, Because of the awesome profits i made from it, I am at this moment having my very own business whiles i still invest some of the proceeds still into bitcoins.

greenpath

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Bitcoin is helpful to the economy. It makes the undergraduated who are unemployed to employed. This is one thing of bitcoin's good side to help the economy. If the government apply tax it can be more helpful for one country to make a move for a better economy.

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Quote from: supercanada1 on March 07, 2018, 12:59:02 PM

Quote from: Slash61 on March 07, 2018, 03:59:08 AM

Gradually my economy has gradually improved since I joined bitcoin. I do not know if this is the result I get after taking pains, or is it just the beginning? Economic improvement can be where anywhere in bitcoin. When work in my country is very difficult maybe this can be an alternative for those who have not worked.

This will effect to he people of those countries where there is no democracy and the governments are not having the firm grips on the economy of the country. There are countries where the rate of inflation is high, so the people have no other option than to save the money in some better currency. Preciously they use to do it in dollars or Pounds but now they have another better option for their savings which will give back a lot more than it promises.

I think on the practice these people are the most benefited by Bitcoin. They really need the digital currency to store value and save money, otherwise they would need to spend the money in fiat on the moment they receive it to avoid the fast depreciation. It's not a solution for their countries and the respective economies, but a solution for their personal financial lives. It gives them a chance to organize their lives and to choose what to do with the money saved.

supercanada1

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Quote from: Slash61 on March 07, 2018, 03:59:08 AM

Gradually my economy has gradually improved since I joined bitcoin. I do not know if this is the result I get after taking pains, or is it just the beginning? Economic improvement can be where anywhere in bitcoin. When work in my country is very difficult maybe this can be an alternative for those who have not worked.

This will effect to he people of those countries where there is no democracy and the governments are not having the firm grips on the economy of the country. There are countries where the rate of inflation is high, so the people have no other option than to save the money in some better currency. Preciously they use to do it in dollars or Pounds but now they have another better option for their savings which will give back a lot more than it promises.

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Quote from: hermae on March 06, 2018, 02:03:39 AM

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.

It helps people but more importantly if bitcoin was adopted globally it will help the economies of the world, fiat is like a thief that steals at you at night with the inflation but bitcoin has a very low inflation and it is going to be lower with each halving, this will help people since their money will not lose purchase power and since the inflation is known in advance people will be able to make long term plans about their money.

Master Third

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Quote from: hermae on March 06, 2018, 02:03:39 AM

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 that bitcoin helps a person who does not have a job and become productive because of this but we can not give a conclusion that it is helping to our economy although in other situation that is true. Like a student who can continue his/her study because of bitcoin. It is helping the economy because if a student can finish his study because of I coins he can find a better source of income and can pay his tax. In this way he is helping the economy.

Bitcoin can be a help or not in economy depends on how the government will response to it.

Sled

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If bitcoin will get accepted in different countries especially by the big countries then i think that it will be very helpful for the economy because it will help them to make more profit by investing in bitcoin and other cryptocurrencies and that is enough for them to multiply their money and because of bitcoin they can experience faster process in transferring money compare to their old services.

Dontme

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Quote from: hermae on March 06, 2018, 02:03:39 AM

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 that's true bitcoin is really helpful to our economy since we as a community are getting better because of bitcoin this is really helpful to our community and to our economy since if we have a lot of money because of bitcoin we can pay our taxes such as land tax or anything. Yes this is helpful.

Bitlord88

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Bitcoin is really a great inovation in the digital market. Bitcoin's use is getting wider and wider almost everyday, more and more companies and sites accept the use of Bitcoins because of its advantages as a form of currency. It also helps those people who see Bitcoin as a means to earn some money; they manage to share their skills and time online in exchange of crypto bounty, and this is rarely applauded in the online industry nowadays.

cryptojac17

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Quote from: Jessica2009 on March 07, 2018, 06:59:20 AM

Bitcoin is becoming popular now a days that enables digital transaction it is a peer to peer transaction without an intermediary.Bitcoin is helpful for our economy because unemployment is getting worse and no other ways for them to make life successful while population is increasing and there is no way for the government to support . Investing in cryptocurrency is risky since it is volatile and the value of Bitcoin fluctuating people also fears that Bitcoin would burst like a bubble. To my view Bitcoin is useful to the economy.

If the people in the community has plenty of bitcoin in thier account it seems like you have a plenty of dollars people will buy and the market place become aggressive and would make business boom and eventually create jobs.

PG13

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Quote from: hermae on March 06, 2018, 02:03:39 AM

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.

It helps only to those people who are profitable in crypto currency as not all unemployed are willing to work in digital currency. Those earnings from Bitcoin helps them to buy their daily needs and improve the local economy as well.

airdagon

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IMO is basically a bitcoin created to help the user's economy or its investors, for example we have already seen many new millionaires born by bitcoin. many of my friends who have successfully joined the crypto world because they have joined since three years ago.

cydrix

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Quote from: hermae on March 06, 2018, 02:03:39 AM

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.

It helps people but not the whole community and be great to be called or has anything to do with economy that's my opinion though. Bitcoin does have lots of attention for these past months but that doesn't mean all the goverment or some of them benefits from BTC tell me if you can find any. We can see china regulates and other country as well they have taken the opportunity quite well.

Fortified

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Quote from: hermae on March 06, 2018, 02:03:39 AM

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 true...If he spend his earnings from bitcoin to his local community stores to buy all his personal needs. It will help to improve the economy as his purchases will allow money to circulate around and it create income to government from taxes.

pogiparin

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Yes as it increases the money supply. If there is an increase in the money supply, then interest rates would go higher. This helps people who are investing since the return would be higher

Topic: Re: Is bitcoin helpful to the economy? - page 21. (Read 1500 times)