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Topic: Why is the world economy is sliding down? And how bitcoin may help it? - page 3. (Read 1103 times)

member
Activity: 232
Merit: 11
Why is the world economy is sliding down, a bit reminder to  2008 when the world economy is in freefall, The shock waves from the collapse of Lehman Brothers maybe on of the main factors.. The economic indicators - trade, industrial production, unemployment - are comparable to the early stages of the Great Depression in the early 1930s.
My point is, how bitcoin could take place to helps the Economics rise again or it would be an additional threat to economy stabilty ??
it is clear that if all countries want to use bitcoin for each trade between countries, they will avoid differences in currencies which are always an obstacle in trading. differences in the value of currencies between countries can cause prices in each country to be very different, if using bitcoin as a means of payment, the price difference that is usually caused by differences in currency values ​​can be avoided, this can cause smooth trade between countries. Bitcoin can also prevent the balance of inflation from occurring every year, as well as avoiding the pressure of large currencies against a weak economy.
sr. member
Activity: 2086
Merit: 283
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maybe blockchain can change their system, but bitcoin still can't be applied in real terms. in investment law how investors focus on increasing profits, and if funds from large crypto investors go into public business, many things will be balanced. the fundamentals between the two will still be measured through various conditions.
full member
Activity: 1106
Merit: 166
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Why is the world economy is sliding down, a bit reminder to  2008 when the world economy is in freefall, The shock waves from the collapse of Lehman Brothers maybe on of the main factors.. The economic indicators - trade, industrial production, unemployment - are comparable to the early stages of the Great Depression in the early 1930s.
My point is, how bitcoin could take place to helps the Economics rise again or it would be an additional threat to economy stabilty ??
there is no connection between the world economy and the Bitcoin each and every currency has its own path so definitely Bitcoin will not help to improve the position of world economy or anything if the government accept it then some changes will happen otherwise till now Bitcoin is not the reason for developing the world economy.
full member
Activity: 574
Merit: 100
I think bitcoin hasn't been able to help the economy grow. even today bitcoin does not have value for the economy, so where can bitcoin help? except if bitcoin can function for an item price, then bitcoin will be able to help because bitcoin will never be affected by dollar inflation.
not everything can make the economy grow with only bitcoin trading, only people who have money and understand how to trade bitcoin that can make their economy grow, if you don't have capital and don't have money then you can't grow your economy in bitcoin .
member
Activity: 420
Merit: 10
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I don't actually see bitcoin as an additional threat to the world's economy. I am certain that all the leaders around the world are watching bitcoin movements, most especially big countries like the US and because of this any effect if there is are always manage right then and there easily. Bitcoin usage on the other hand is not so high as of now which makes it under the influence of the movements  of the real physical economy. Not unless if in everyday or on everything we do we use bitcoin as a payment system or as a currency. So that, bitcoin as of this time is more often used for its utility and not yet widely used as the main currency similar to fiat. In my locality I have not seen so many stores yet that offers bitcoin payments. Only exchanges and some selected stores are really using bitcoin.
full member
Activity: 686
Merit: 104
I think bitcoin hasn't been able to help the economy grow. even today bitcoin does not have value for the economy, so where can bitcoin help? except if bitcoin can function for an item price, then bitcoin will be able to help because bitcoin will never be affected by dollar inflation.
copper member
Activity: 294
Merit: 0
if the millionaires made from bitcoin invest in factories that provide job to people rather than buying lambo than somehow economy will find a new blood as money in circulation and will adopt a trend to rise.
newbie
Activity: 34
Merit: 0
I do not see bitcoin helping the world economy but rather it can help an individual economy. Obviously, every country will not legalise bitcoin but the individual economy that adopts bitcoin can push in a huge investment when bitcoin is down to get some accruing profit from investment when price go up.  By such profit, the individual country can better her nation and her people by providing more social amenities, building projects, factories and employment.
I agree. If one single or individual economy adopts bitcoin the tradings of money, specifically dollars will help for the improvement of it. It might not be a big step but it's a stepping stone for improvement.
member
Activity: 392
Merit: 10
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The good thing about bitcoin is it knows no boundaries. This is more applicable on a globalized kind of market which is not yet happening now especially that those rich countries won't easily compromise their lead.
It will contribute to promoting and rapidly building the economic structure of the entire financial system. Most economic sectors are interconnected to form a sustainable economic structure. Bitcoin also appears to make a quick change in terms of its digital technology. In the future it will do more than that.
sr. member
Activity: 672
Merit: 250
Why is the world economy is sliding down, a bit reminder to  2008 when the world economy is in freefall, The shock waves from the collapse of Lehman Brothers maybe on of the main factors.. The economic indicators - trade, industrial production, unemployment - are comparable to the early stages of the Great Depression in the early 1930s.
My point is, how bitcoin could take place to helps the Economics rise again or it would be an additional threat to economy stabilty ??
Every time we look at the current economic situation worldwide, we see a period of depression and unequal distribution of wealth and resources. But, it happen time and time again, solutions and corrections had been always made. Experts had been sitting on new arising problem. But, it is always the marginalized group of people supper the most. Bitcoin and the technology behind it, may change this cycle. Bitcoin is allowing the less fortunate to become successful in the future. It offers it s potential to almost everybody, including the poor.
full member
Activity: 374
Merit: 100
I think, for now, if in country at least 20% of people would start to earn from bitcoin and stop paying taxes, it will only harm the economic system, and not be helpful.
sr. member
Activity: 972
Merit: 255
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The good thing about bitcoin is it knows no boundaries. This is more applicable on a globalized kind of market which is not yet happening now especially that those rich countries won't easily compromise their lead.
member
Activity: 238
Merit: 10
As far as I know, only few coutries accepted bitcoin so far, maybe they just have wise enough people to handle and regulate bitcoin in their country...
sr. member
Activity: 1316
Merit: 257
Bitcoin can not help the world economy but can only help indivindu only and only those who use it .. bitcoin can help everyone without knowing what is most important to have high spirits and willing to work hard .. if it mitigates the country's economy, because the community will aided by bitcoin by the way the state is willing to accept bitcoin ..
hero member
Activity: 2870
Merit: 574
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Could be helpful but for individual only, if bitcoin is only for individuals, right? Maybe you mean the technology is not the bitcoin. If for technology I agree because it is not taxed, unlike the bank.

I think the government still difficult to apply bitcoin for the economy of the country because I think they still learning about bitcoin and blockchain technology and it's not as simple to apply with their system. but for individuals, I am sure that bitcoin really help them because they can make money from bitcoin. besides that, so far people can earn money from doing many ways and they can make bitcoin as their source of income.
full member
Activity: 336
Merit: 100
I dont know about overall world economy, but in my opinion, bitcoin can be helpful to every single person in their life, as in mine, when I earned enough to go study.
newbie
Activity: 266
Merit: 0
Could be helpful but for individual only, if bitcoin is only for individuals, right? Maybe you mean the technology is not the bitcoin. If for technology I agree because it is not taxed, unlike the bank.
member
Activity: 252
Merit: 10
Bitcoin does not help the world economy but individually is very helpful.Although the government does not legitimize bitcoin but the economy is slightly helped by bitcoin. With technological advances, people will recognize bitcoin.and will change lives for the better.
full member
Activity: 374
Merit: 100
Why do you think that world economy going down? It's a little bit remind me 2008 year, when it was really freefalling of economy.. Shock waves from Lehman brothers maybe was as main factors.
full member
Activity: 1258
Merit: 104
For these days world economic in crysis situations, currently its because various of reasons as example its high infaltion, civil war and others problems..
indeed such a thing is very difficult for us to the current conditions, because the current conditions are very different from the previous conditions that make feel better than before. but since there btc conditions for the better.
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