Topic: The impact of bitcoin on the financial stability of a country - page 2. (Read 920 times)
if I consider the blockchain technology as the birth of Bitcoin, it becomes one of the government's opportunities to be able to compete with other countries in terms of technological innovation as well as real financial freedom. Like the internet, no entity controls Bitcoin that offers transparency and privacy.
The use of Bitcoin can have a good impact if a country allows its citizens to use Bitcoin as a means of their transactions.
In economics, more and more people are using bitcoin in transactions and investments so bitcoin will also be increasingly used, so the stability of a country will also be good because the economy is going well.
In economics, more and more people are using bitcoin in transactions and investments so bitcoin will also be increasingly used, so the stability of a country will also be good because the economy is going well.
What is the impact of bitcoin in a country's financial stability?
The impact will be positive, IMO.
Consider Japan's stand on embracing bitcoin and the blockchain technology.
Even if they are already a progressive country, they still adopt bitcoin because they know it will push their country's economy even further.
Maybe for now, we cannot see the impact of bitcoin on the financial stability of a county since bitCoin has just been so famous this last few years. But I must say that people who had been involved in this investment becomes financially stable that therefore somehow affect the country where they belong.
The effect of bitcoin is on the positive side, it helps the financial stability of a country, by helping people earn coins they could change and make a good amount of money from it. Bitcoin in this case increases in helping the people in the economy.
Whether this is a bubble, destined to collapse, or a sign of a more radical shift in the concept of money, the implications of bitcoin and other cryptocurrencies for central banking and financial stability will be profound. There is no telling how far this trend will go. Technically, the supply of cryptocurrencies is infinite.Demand is related to mistrust of conventional stores of value. If people fear that excessive taxation, regulation, or social or financial instability places their assets at risk, they will increasingly turn to cryptocurrencies. 
Bitcoin is the positive indicator in financial stability of country.Government will realize that Bitcoin is part of economy and its legal form will make more contribution in financial stability and economy of the country.Bitcoin transactions are safe and secure no need third party and paper work,Bitcoin also reduce the expenses as compare to fiat money.
For now , Governments were not into it as we see many still not accepts it or in doubt of its capabilities, maybe in ICO, but soon when they see how blockchain can change the transactions for better, that's when the effect can be seen and will be a factor of a country.What is the impact of bitcoin in a country's financial stability?
The impact will be positive, IMO.
Consider Japan's stand on embracing bitcoin and the blockchain technology.
Even if they are already a progressive country, they still adopt bitcoin because they know it will push their country's economy even further.
Bitcoin is the positive indicator in financial stability of country.Government will realize that Bitcoin is part of economy and its legal form will make more contribution in financial stability and economy of the country.Bitcoin transactions are safe and secure no need third party and paper work,Bitcoin also reduce the expenses as compare to fiat money.
For now , Governments were not into it as we see many still not accepts it or in doubt of its capabilities, maybe in ICO, but soon when they see how blockchain can change the transactions for better, that's when the effect can be seen and will be a factor of a country.I think, for now, the government don't want to talk much about bitcoin so they can investigate about bitcoin by secret without public know what they do. but soon, after bitcoin spreads more in many places and many people interesting with bitcoin, the government will announce the statement about bitcoin and they are finished to learn and studying about bitcoin. and in that time, we can feel the effect of bitcoin and at least, people can have another source to make money.
The virtual world will be an important part of the future of the world, including the people of Indonesia. Sooner or later Bitcoin and altcoin will play a role in the economy. There is a need for in-depth study and research on this to develop macroprudential instruments and indicators to detect digital currency susceptibility to the financial sector. And this is already part of the task of the government in maintaining the stability of the Financial System. In many countries the presence of digital currencies such as Bitcoin still invites pro or contra debate. Part of the bitcoin counter is a threat to conventional money and closely related to monetary. For some who pro think Bitcoin is tantamount to a regular currency because it has value and the same function
What is the impact of bitcoin in a country's financial stability?
The impact will be positive, IMO.
Consider Japan's stand on embracing bitcoin and the blockchain technology.
Even if they are already a progressive country, they still adopt bitcoin because they know it will push their country's economy even further.
Bitcoin is the positive indicator in financial stability of country.Government will realize that Bitcoin is part of economy and its legal form will make more contribution in financial stability and economy of the country.Bitcoin transactions are safe and secure no need third party and paper work,Bitcoin also reduce the expenses as compare to fiat money.
For now , Governments were not into it as we see many still not accepts it or in doubt of its capabilities, maybe in ICO, but soon when they see how blockchain can change the transactions for better, that's when the effect can be seen and will be a factor of a country. 
What is the impact of bitcoin in a country's financial stability?
for the country may not have so much impact but for people in bitcoin certainly have a big impact, their finances get better and they have a better life too
What is the impact of bitcoin in a country's financial stability?
The impact will be positive, IMO.
Consider Japan's stand on embracing bitcoin and the blockchain technology.
Even if they are already a progressive country, they still adopt bitcoin because they know it will push their country's economy even further.
Bitcoin is the positive indicator in financial stability of country.Government will realize that Bitcoin is part of economy and its legal form will make more contribution in financial stability and economy of the country.Bitcoin transactions are safe and secure no need third party and paper work,Bitcoin also reduce the expenses as compare to fiat money.
What is the impact of bitcoin in a country's financial stability?
If Bitcoin will exist in a certain country it will help the economy to become strong and stable because Bitcoin will reduce the unemployment which is the most common problem of all nations. If the former unemployed will earn thru Bitcoin the purchasing power of the people will increase making the economy to become more stable and prosper.
The impact bitcoin from every country especially financial problems can be said into the form of positive side so many people who feel their needs are met because with the bitcoin can help overcome their finances let alone bitcoin can be an alternative source of income for everyone who uses.
maybe for the country, the impact of bitcoin is not too big but for the people, they feel that from bitcoin, they have a big chance to make money and they can have another additional income from bitcoin. and if they still try to work in bitcoin, they can earn an unlimited income which they can use for their daily needs. and once many people trying hard with bitcoin, their finances could better then maybe the country will get the impact and this will reduce unemployment in that 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
Bitcoin helps the economy in a more developed, convenient country to pay, secure, and protect against a nation's inflation. Minimize the amount of cash flow outside. But they are also disadvantageous because they help criminals carry out money laundering, money transfers for terrorists, etc. Because Bitcoin accounts are anonymous.I read in some news that bitcoin already had an impact on the GDP of Japan since it was regulated. Whichever way, I believe this would be the case anyway considering that Japan has decided to regulate and allow people to go about their crypto trading business as long as they stick to the rules and the laws of the government while they get the benefit from it as well. So at the end, it becomes a mutual benefit and everybody wins.
I think it depends on each country, because after all.. it's not only the citizens are benefited or can improve on the economic's side. The countries that can adapting well on crypto.. of course it can make the country more advanced and more directing it to a more positive things to be able to take advantage of all the advantages of bitcoin/crypto to advance the country.
If we take a look at the people in this forum alone and how some people have been able to make use of the opportunities around them, and from the knowledge some have gained, have been able to use what they have to get the best, then we can say that the impact of bitcoin on financial stability is very possible. Now if we are talking about mass adoption within a country, then the effect would be available on a large scale within the country. 
The impact bitcoin from every country especially financial problems can be said into the form of positive side so many people who feel their needs are met because with the bitcoin can help overcome their finances let alone bitcoin can be an alternative source of income for everyone who uses.
The fact that we can even see the little effect on some of us as we are trying our best to earn some, buy some and hold, and much more, things have been changing for a lot of people. New traders are born every day, a lot of people who are smart are making use of every opportunity available to them and they are doing good than they would have imagined normally, so putting this on a large scale, the effect would definitely be great.
What is the impact of bitcoin in a country's financial stability?
With the help of bitcoin, the country will survive it's financial condition because it has many things to offer like giving income to those who are participating in all transactions involving bitcoin as it is well known to be the fastest way and the most popular cryptocurrency in the industry. It can reduce also the percentage of unemployment as some of the people who knows how to access and have a knowledge in doing signature campaign like this will have an income and become financially stable and it all reflects in the stability of a country with regards to financial condition.
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