we are facing a deadly crisis in venezuela, and in Argentina for the same path, I hope blockchain and bitcoin can help these people!
if the country is able to regulate the level of security and control it, I think the country's economy can be helped by legalizing bitcoin. Bitcoin is very useful and helps someone's life, so it is very good for the country or someone who is in a financial crisis. 
Topic: What would be the possible impact of BTC in the economy of a country? (Read 4286 times)
November 25, 2018, 02:54:33 AM
November 25, 2018, 12:11:09 AM
we are facing a deadly crisis in venezuela, and in Argentina for the same path, I hope blockchain and bitcoin can help these people!
November 24, 2018, 11:46:45 PM
The possible impact of bitcoin to the economy of a country is the more investors will invest to the business which deals with cryptocurrency, in using cryptos all possible transaction and payments are made digitally and no need for cash transactions,
November 24, 2018, 10:58:33 PM
In my opinion, bitcoin can give good impact for tourism sector. If government regulating bitcoin for payment, i am believe tourist prefer carrying cryptocurrency because its more secure and safe than carrying paper money.
November 24, 2018, 11:07:52 AM
Just wanted to know people ideas on what is the good and baf impact of BTC in the economy of a country. I am glad to hear different views regarding this matters and get some ideas from the tenured people in this forum. Your opinions/views are highly appreciated.
Regards,
At the moment bitcoin is too small to have any kind of significant impact over the economy of most countries, this could change in the future but the question is how long this could remain to be the case? Because I find very difficult to believe that bitcoin can become a big influence in a country without that country trying to control it or to ban it because of it.Regards,
November 24, 2018, 11:04:27 AM
Just wanted to know people ideas on what is the good and baf impact of BTC in the economy of a country. I am glad to hear different views regarding this matters and get some ideas from the tenured people in this forum. Your opinions/views are highly appreciated.
Regards,
if the impact is likely to have a positive impact and there are also negative impacts that will be obtained in general, the positive impact is the possibility that the economy will develop rapidly and the negative impact of inflation will certainly be on the local currency of course Regards,
November 24, 2018, 05:31:56 AM
I think the biggest impact is that it goves the peoplethe power to purchade again using the profits they gained from investing in crypto currency. With crypto currency as a viable investment, people coyod be saved if and when a msrket collapse happen since crypto currency is working independently from the stock market.
For me, yes this is a real power of bitcoin. This never lets its users down even it itself going down in deep. People always make good earning from bitcoin as they buy bitcoin when prices are down. November 21, 2018, 01:09:29 PM
I think impact of BTC in the economy of country is unemployment go down. Many people work in here and little people work in office. They choose work in here because he can spent time with family in their home during activity and I think work in crypto give more than profit than people work in office 
You are right, I also think like you, I also spend my time working here, because working to earn income from crypto is of course already getting a decent income that can meet needs. 
November 21, 2018, 11:57:06 AM
Actually btc have very big potential to improve country economy, online shop will be able to save more profit if they use bitcoin. Use paypal is not good for them because there are many restrictions and limitations. country which has so many people who still unbanked, bitcoin can be a good solutions for their citizens Transactions.
Each online store will get a profit if the price of bitcoin increases, bitcoin is different from fiat currency which only has a small volatility even rarely. When bitcoin has increased they can immediately exchange to money fiat, so as every online shop can buy goods using money fiat with large quantities. However, if the price of bitcoin decreases, they won't get profit from this condition, even more everyone can seek a way by exchanging money fiat against bitcoin with a little fiat money and then getting a lot of bitcoin so they can buy as many items as they want. Each merchant will thinking a long when they receive payments with bitcoin if the price of bitcoin is still volatile. 
November 20, 2018, 11:48:57 AM
the impact of bitcoin on the economy of a country must be different, if in Japan and China, maybe bitcoin would have a good impact on their economy, but not necessarily in other countries that maybe not know very well about bitcoin. in Indonesia bitcoin does not have any impact on the economy, because only a few people understand about bitcoin.
November 20, 2018, 09:02:52 AM
I think the biggest impact is that it goves the peoplethe power to purchade again using the profits they gained from investing in crypto currency. With crypto currency as a viable investment, people coyod be saved if and when a msrket collapse happen since crypto currency is working independently from the stock market.
November 20, 2018, 06:53:22 AM
It all depends on what kind of demand bitcoin will have in this country, also in what areas it will be used and whether the government of this country will support bitcoin to promote its economy to the new best level for them. I believe that in rich and developed countries, there will be nothing bad from bitcoin, on the contrary, additional money will be received from taxes, for example, on economic development, but in countries where everything is bad, perhaps bitcoin can change something.
November 20, 2018, 05:36:31 AM
Actually btc have very big potential to improve country economy, online shop will be able to save more profit if they use bitcoin. Use paypal is not good for them because there are many restrictions and limitations. country which has so many people who still unbanked, bitcoin can be a good solutions for their citizens Transactions.
Each online store will get a profit if the price of bitcoin increases, bitcoin is different from fiat currency which only has a small volatility even rarely. When bitcoin has increased they can immediately exchange to money fiat, so as every online shop can buy goods using money fiat with large quantities. However, if the price of bitcoin decreases, they won't get profit from this condition, even more everyone can seek a way by exchanging money fiat against bitcoin with a little fiat money and then getting a lot of bitcoin so they can buy as many items as they want. Each merchant will thinking a long when they receive payments with bitcoin if the price of bitcoin is still volatile. November 17, 2018, 02:27:21 PM
Just wanted to know people ideas on what is the good and baf impact of BTC in the economy of a country. I am glad to hear different views regarding this matters and get some ideas from the tenured people in this forum. Your opinions/views are highly appreciated.
Regards,
At the moment bitcoin is too small to have any kind of significant impact over the economy of most countries, this could change in the future but the question is how long this could remain to be the case? Because I find very difficult to believe that bitcoin can become a big influence in a country without that country trying to control it or to ban it because of it. Regards,
November 17, 2018, 02:37:30 AM
there were no clear result of the cryptocurrency in the world economy or economy of a country there are lots of things to happen since cryptocurrency is in the middle of development for sure it will great affect the economy of a county.
Actually, if a country implements a policy of using bitcoin, it is clearly more profitable because it reduces inefficiencies, which results in savings in the use of budget, time and labor. This can happen because the blockchain is applied systemically. Corruption can no longer be done, because servers are in many areas so corruption is easily detected. November 15, 2018, 05:41:50 AM
Actually btc have very big potential to improve country economy, online shop will be able to save more profit if they use bitcoin. Use paypal is not good for them because there are many restrictions and limitations. country which has so many people who still unbanked, bitcoin can be a good solutions for their citizens Transactions.
Each online store will get a profit if the price of bitcoin increases, bitcoin is different from fiat currency which only has a small volatility even rarely. When bitcoin has increased they can immediately exchange to money fiat, so as every online shop can buy goods using money fiat with large quantities. However, if the price of bitcoin decreases, they won't get profit from this condition, even more everyone can seek a way by exchanging money fiat against bitcoin with a little fiat money and then getting a lot of bitcoin so they can buy as many items as they want. Each merchant will thinking a long when they receive payments with bitcoin if the price of bitcoin is still volatile. November 15, 2018, 05:21:09 AM
I think that it would be a great idea for many countries to legalize bitcoin and thus bitcoin could help many countries develop their economies, because bitcoin technologies are very helpful in developing various necessary areas for each person.
November 15, 2018, 03:20:07 AM
I think the best possible impact is the ultimate boom of online services and most especially the online stores. It's where you can feel the most convenience if you are going to use bitcoin and other altcoins. And with that will also result on many transactions that will also contribute to taxes that are included on the products.
November 15, 2018, 02:41:25 AM
The current position of Bitcoin is still very small in the global financial position. Usually it can only affect some small economies. But because these countries are usually behind, maybe they don't have a popular smartphone, so cryptocurrency payments are far away for them.
November 15, 2018, 02:28:33 AM
I am believe if government will have good impact if they regulate bitcoin for payment. More tourist will come to country because tourist prefer carrying their bitcoin than paper money. Its more flexible and its much secure when we travel with bitcoin on our e-wallet
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