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Topic: Why is the world economy is sliding down? And how bitcoin may help it? - page 6. (Read 1103 times)

member
Activity: 317
Merit: 11
it is a common thing for the world economy to sliding down, there run like a wheel, sometimes at the top, middle, or bottom. bitcoin cant help about that.
member
Activity: 336
Merit: 10
It’s digital currency and capable to create wealth. It can’t change the world economy its can just increase the personal economy. It helps to increase a personal wealth that impact we can see in a one’s country economy. But that has not much impact on the world economy. If the all country allow it as the second currency or major currency than it can able to sliding down in the world economy. Now it just helps individually person and the particular country.
It will be helpful for the economy if the government allow it as the major currency then it will help even it will help to increase the price of the currency. If the word allows this currency than world economy helps to compete each other easily that will be the major sliding for the bitcoin.
newbie
Activity: 87
Merit: 0
It because of our government official that they not do their right obligations in our country that's why our economy is sliding down,the one of the most problem in government is the corruption that affected money people so their have money poor people like my country, but in one day I hear about bitcoin that's why? I try to do this and that's way its give me a lot of things like its give me financial to buy anything I would like to give my children and to my family,bitcoin is the most valuable cryptocurrency that most of people work with bitcoin.
legendary
Activity: 1176
Merit: 1024
The world economy is declining because of less than optimal human resources.
Reduced natural resources also affect the decline of the world economy.
Bitcoin can help improve the world economy by expanding the economy by mining it.
What does mining bitcoin has to do with anything here ? Moreover, who said the world is dead of natural resources ?
The problem we have always had with the world economy is how they have used centralization to screw everything up right from the beginning and with bitcoin being decentralized, it is going to be solving a lot of things in the long run, most especially the masses who are able to see the main bullshit from the government right from the onset.

If we look into the past, mots of the times the world economy seemed like slowing down but some new innovations had stirred up the economy by providing new employment opportunities. From these, this time bitcoin may become another resources to provide such a stir up if whales come up with any new business ideas.
hero member
Activity: 840
Merit: 502
Economy for your country might be falling down but my country definitely is among the fastest growing economies of the world. Unless a war starts, I don't see the world economy falling down. Bitcoin is definitely the future of this world and over the time when the adoption increases, we would be able to see how it benefits the economy. As of now, the early adopters are definitely getting richer.
Bitcoin is definitely the future what we do not know is how big the impact of bitcoin is going to be, this is similar to what happened to the Internet people knew that the Internet was going to change the world but I think very few people imagined how deeply the Internet will affect everything that we do from our jobs to our social lives, and since bitcoin is something which is required in a society, a form of currency, it is very likely that is going to change the world as well.
member
Activity: 252
Merit: 12
This is happening because so many government officials around the world only have book knowledge and no practical financial knowledge to manage an economy.This same people in spite of their in competencies also perpetrate corruption and keep money in foreign accounts to the detriment of the citizens of their countries.Now cryptocurrency is the way to go so that we can change the world economy together.
hero member
Activity: 2002
Merit: 535
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 ??
I do not think that we are facing any difficulty economically, there might be a slow down in the growth in some parts of the world but i cannot see anything that says that the world economy going down, if there is a market crash i expect many investment coming into the cryptocurrency market which could boost the price, other than that the impact has to be seen.
hero member
Activity: 1274
Merit: 519
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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 ??

I think its because of the many superpowers, meaning the store countries that are controlling how the world market would go. Just like USA and China, they are always in a battle for power and control over the market because they want it to actually work for their advantage. Unfortunately, this affects other small and not so powerful economies because they can't stay afloat in the tide these superpowers are making, that's why, there are only a few countries that are going up and more going down. Bitcoins can help by way of diversifying the market and making investments more open to more people.
sr. member
Activity: 882
Merit: 269
If our leaders can embrace the truth, now is the best time to used blockchain technology in solving our financial problems. Bitcoin can help in time like this all we just need is the reduction in the cost of production of money in other to be able to strengthen our economic. Stocks market and currencies market are falling because we have no good financial systems and that is what bitcoin was discovered to help.
legendary
Activity: 1386
Merit: 1058
I think that there is no way for bitcoin to help the world economy from sliding down because if bitcoin can help an economy to improve then a lot of countries are already adopting and accepting bitcoin because it is a short cut for them to improve their economy but until now there is no country that fully maximize bitcoin and prove that it can help a sliding economy.
I want to believe bitcoin would mainly serve as a haven for those who may have been tired of the way things have been going. However, if we are thinking about how it is going to be of advantage to the economy of a specific country, that is going to be dependent on the usage of it and how well the citizens accept and adopt it. The global economy is more like a very big picture to me, and that is something we cannot just expect bitcoin to just come up and solve.
member
Activity: 176
Merit: 12
Truly,Currently global recession is there and economy of state weak inflation rate is increasing. Bitcoin can contribute as a positive indicator of economy,Bitcoin encourage to employ manpower and save expense upon fiat money process. There are countless factors of Bitcoin which can help to groom the economy.
hero member
Activity: 2870
Merit: 574
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what I see here is, bitcoin helps the economy of the people who use it. because they can get the benefits of bitcoin. so they can meet their daily needs and pay taxes on a regular basis. this indirectly reduces the burden of government work, but does not increase or improve the government's economy.

but before bitcoin helps them, they need to know and need to learn about bitcoin so they can use bitcoin to solve their financial problem. the world economy is sliding down because the government doesn't concern with their people live and they still corrupt in any aspects so they don't care about what is going on in their country. and if the government thinking about their people and do something to solve the economy in their country, I am sure that the economy on every country will be better and in that time, people which already learn bitcoin can take the benefits of bitcoin which is made more money so they can have another source income for their life.
It seems to me that the government can do nothing with the economy in order for it to develop. There is a crisis of overproduction in the world. The population is increasing only in poor countries but they have no money. Why invest in real estate in developed countries if there is a shrinking population? And so in all sectors of the economy. I'm sorry to hear that, but without a global war and devastation, the economy will not recover.

maybe in the end and for solving the problem, there will be a global war and many chaoses that will happen in everywhere and people need a change and they want the government to do something. every country has their own problem and I think every government will find a solution to solve the problem. and if they think that bitcoin can help their problem, they will start to use bitcoin and they allow their people to find new ways of making money from bitcoin like what we are doing right now. we know that bitcoin can help many people especially for the individual but the problem is people hear much bad news about bitcoin and they don't think that bitcoin can help them. and related to this, if the government really concerned with their people, they will give a statement that people can use bitcoin as a new way to make another income for their life. the government will open some classroom everywhere and they will teach people to believe, follow, and to use bitcoin because bitcoin can give benefits to them.
full member
Activity: 434
Merit: 100
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 ??

Its normal for the world economy to slide down sometimes because banks and stock market are being affected by different occurence in the world so we can expect that economy is also volatile and it will not always grow up.
member
Activity: 378
Merit: 25
Bitcoin is not intended to lift up the economy, nobody can save it, not even the riches bitcoin holder, the present economy is a product of a domino effect from which bitcoin cannot stop, what bitcoin can do is help an individual to survive that poor economic state, by giving the opportunity to earn without the control of their govt.

Tax is the main reason why a country suffers from economic downfall. Since bitcoin is decentralized, bitcoin holders are breaking free from that barrier, that is how the wolrd works, nobody can stop poverty, each person must survive it by themselves.
sr. member
Activity: 518
Merit: 257
The major reasons for the world economic slowdown are increase in population and unemployment. But I don’t think so Bitcoin can help this directly. A huge population of the world is still not ware about the cryptocurrencies. The governments are not even ready to accept it and legalize it. So we cannot expect Bitcoin to do much for the economy. All it can do is fulfill the financial needs on individual basis.
sr. member
Activity: 406
Merit: 256
what I see here is, bitcoin helps the economy of the people who use it. because they can get the benefits of bitcoin. so they can meet their daily needs and pay taxes on a regular basis. this indirectly reduces the burden of government work, but does not increase or improve the government's economy.

but before bitcoin helps them, they need to know and need to learn about bitcoin so they can use bitcoin to solve their financial problem. the world economy is sliding down because the government doesn't concern with their people live and they still corrupt in any aspects so they don't care about what is going on in their country. and if the government thinking about their people and do something to solve the economy in their country, I am sure that the economy on every country will be better and in that time, people which already learn bitcoin can take the benefits of bitcoin which is made more money so they can have another source income for their life.
It seems to me that the government can do nothing with the economy in order for it to develop. There is a crisis of overproduction in the world. The population is increasing only in poor countries but they have no money. Why invest in real estate in developed countries if there is a shrinking population? And so in all sectors of the economy. I'm sorry to hear that, but without a global war and devastation, the economy will not recover.
member
Activity: 218
Merit: 10
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 ??
Bitcoin can give a authorized to the person who are willing to join bitcoin or wants to have a account without paying any money to create a account jn bitcoin, bitcoin can help risen the economy by lessen thw unemployed and poverty of the country, by that bitcoin giving a chance those people to earn money and if the bitcoin give that a chance the chance of risen the economy is a big percent.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
what I see here is, bitcoin helps the economy of the people who use it. because they can get the benefits of bitcoin. so they can meet their daily needs and pay taxes on a regular basis. this indirectly reduces the burden of government work, but does not increase or improve the government's economy.

but before bitcoin helps them, they need to know and need to learn about bitcoin so they can use bitcoin to solve their financial problem. the world economy is sliding down because the government doesn't concern with their people live and they still corrupt in any aspects so they don't care about what is going on in their country. and if the government thinking about their people and do something to solve the economy in their country, I am sure that the economy on every country will be better and in that time, people which already learn bitcoin can take the benefits of bitcoin which is made more money so they can have another source income for their life.
jr. member
Activity: 178
Merit: 5
what I see here is, bitcoin helps the economy of the people who use it. because they can get the benefits of bitcoin. so they can meet their daily needs and pay taxes on a regular basis. this indirectly reduces the burden of government work, but does not increase or improve the government's economy.
legendary
Activity: 2674
Merit: 1048
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 ??
High or low community life depends on the economy. If people's lives are high and in accordance with what is expected by society then this indicates economic growth in the country grows well. Likewise, if people's lives in the country are low, such as starvation, poverty, a high crime then economic growth in the country is low. This indicates that the economic system in the country is not developing, only the rich and the poor will get poorer.

Many factors the economic growth cannot evolve, including high levels of disturbance, inadequate education systems, and the government can not regulate and cannot innovate to control the country's economic stability. They only focus on the concept they have without any movement.

People need to think critically to deal with their economic problems, looking for jobs that are not regulated by the government. Because if the work under government authority will be much cheating like nepotism. Therefore bitcoin can be a solution for people who do not have jobs, investing and trading can help the economy grow. Even if he is successful, he can create a business and open job vacancies in that country. If this way works then it will reduce unemployment and poverty in that country.
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