Topic: The impact of bitcoin on the financial stability of a country (Read 920 times)
While bitcoin is not yet able to affect the economy of the country. The market is still very young and is still more occupied with internal formation. Perhaps giving bitcoin a legal status will change the situation.
What is the impact of bitcoin in a country's financial stability?
The digital currencies such as Bitcoin may not pose major concerns at their current levels of use, more serious financial stability issues may result if they achieve wide-scale usage. Many countries of the world have this opinion. But the reality is that Bitcoin helps the individuals to earn more and thus spend more. This brings more money in circulation which is actually good for the economy. 
Bitcoin is improving the countries financial statements, by giving some money to the unemployed people. Btc wasn't directly impact on country stability, only indirectly help the usual people
That becomes a direct relation in other words. Like if a person was once unemployed and he was taking money from government for his living. Now, bitcoins have helped him to earn some money from signature campaigns or anything else, he is getting to be wealthier day by day. So he will be starting paying taxes and the ultimate help will be made from this person to the government, hence increase stability at individual level.
Bitcoin is improving the countries financial statements, by giving some money to the unemployed people. Btc wasn't directly impact on country stability, only indirectly help the usual people
That becomes a direct relation in other words. Like if a person was once unemployed and he was taking money from government for his living. Now, bitcoins have helped him to earn some money from signature campaigns or anything else, he is getting to be wealthier day by day. So he will be starting paying taxes and the ultimate help will be made from this person to the government, hence increase stability at individual level. 
It is like... none. The only thing it may do is get the country some taxes but so far I think most of the non US people avoid paying taxes with BTC.
well, I do not think there's any impact in that, because all the bitcoins will be converted into fiat form, and of course that will affect the economy of the country for the better. but somehow, so many things are still confusing from this. 
It is like... none. The only thing it may do is get the country some taxes but so far I think most of the non US people avoid paying taxes with BTC.
Bitcoin is improving the countries financial statements, by giving some money to the unemployed people. Btc wasn't directly impact on country stability, only indirectly help the usual people
Bitcoin gives opportunity for income and investment which later helps people to make their lives even better, they were able to buy things that their salaries failed to reach and can make such a good savings for their future with this the economy also improves and the expenditure of people increases though by this time most government don't see the help of bitcoin but in the future this thing will really make a great impact
I agree with you. many people specifically the government doesn't consider bitcoin as a help at economic growth but if they look harder the success of an individual will also help the economic growth of a country.
Bitcoin gives opportunity for income and investment which later helps people to make their lives even better, they were able to buy things that their salaries failed to reach and can make such a good savings for their future with this the economy also improves and the expenditure of people increases though by this time most government don't see the help of bitcoin but in the future this thing will really make a great impact
I agree with you. many people specifically the government doesn't consider bitcoin as a help at economic growth but if they look harder the success of an individual will also help the economic growth of a country. I think that the market is not yet big enough to have a real impact on the economy of the country. While the influence of crypto is more ideological than economic. The situation is changing rapidly and may soon be the bitcoin rate will affect the stock exchange as well.
Right now the effects of bitcoin are limited to the individuals level, some people have changed their life completely thanks to bitcoin but it is still not enough to impact the lives of so many individuals to have an effect all across a country but I think we are getting close to that day the only thing we need to do is for the lightning network to be activated and then the adoption will come on its own. 
In today's reality it will damage it of course, economics is not ready for it's active usage.
What is the impact of bitcoin in a country's financial stability?
The growth of bitcoins is really affecting those banks because most of the people choose to invest on cryptocurrency because it was more profitable more than placing their money on banks and earn a small amount of increase yearly.
What is the impact of bitcoin in a country's financial stability?
In my opinion, bitcoin does not have much influence on the financial stability of the state in the event that it walks in the country along with national money. If bitcoin was used instead of national money, then it could completely disbalance the economy by its volatility in the price. The features of the behavior of bitcoin depend on the specific situation and the specific country in which it is located. As yet, the influence of bitcoin on the country's economy and on its stability has been little studied. To be honest, I generally can not understand How this summer can affect the stability of the country's financial system. That in a specific and individual case, for every person of his family, it is quite possible and the probability of helping crypto currency to a person is always very large. But the media always voiced the statement of officials that the crypto currency is for the state almost very dangerous.
Media is something that is least trusted by wise people. We all know that there are maximum news channels which are private and they are often paid to run a particular kind of content. This is nothing new for news channels to present what is not real. They do what governments want them to do most of the times. We shall not trust these channels blindly and do our own research especially regarding crypto. 
To be honest, I generally can not understand How this summer can affect the stability of the country's financial system. That in a specific and individual case, for every person of his family, it is quite possible and the probability of helping crypto currency to a person is always very large. But the media always voiced the statement of officials that the crypto currency is for the state almost very dangerous.
Media is something that is least trusted by wise people. We all know that there are maximum news channels which are private and they are often paid to run a particular kind of content. This is nothing new for news channels to present what is not real. They do what governments want them to do most of the times. We shall not trust these channels blindly and do our own research especially regarding crypto.
will be an added value if bitcoin can be used effectively by the majority of people in their country, developed countries are always dominated by people who understand the stock market, and if that person can actively support it, stability will be locked better, the controversial level will experience subtraction because it is part of the system and only takes a fraction of it for minor cases.
The impact on the financial stabilty of a country are many people will earned which there tokens are converted into fiat and goes through merchants. Good opportunity it bring for the people without permanent jobs. Good knowledge it brings and made to the people know more about stocks exchange which it is good for the country to boost the economic stabilty if all its people are earning.
Depends on the side that is seen, it has not really been invested in a massive way as in other countries like Spain, but somehow here has worked for the purchase of products abroad or through the internet, the utility that can be given is same anywhere in the world.
To be honest, I generally can not understand How this summer can affect the stability of the country's financial system. That in a specific and individual case, for every person of his family, it is quite possible and the probability of helping crypto currency to a person is always very large. But the media always voiced the statement of officials that the crypto currency is for the state almost very dangerous.
and nevertheless the crypto currency generates huge investments in various spheres of human life. This is a very good opportunity for the state. And as for taxes, taxes are practically the only way to fill the state budget. 
I think that the market is not yet big enough to have a real impact on the economy of the country. While the influence of crypto is more ideological than economic. The situation is changing rapidly and may soon be the bitcoin rate will affect the stock exchange as well.
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