Since many uses bitcoin as the new cashless method. So does it will effect to each own country's economy?
Bitcoin can change the current economic system. We can now use bitcoins to pay bills and also to buy products and services. There is a possibility that most of the people in our society will use bitcoins.
Topic: Will bitcoin effect the current economy system? - page 5. (Read 993 times)
Since many uses bitcoin as the new cashless method. So does it will effect to each own country's economy?
Yes it can affects to currency if you have crypto your money or curreny will become too small for you because cryptocurrency is more good than currency but you should need currency to buy some foods and others so i think it can help a lot to all people . 
Since many uses bitcoin as the new cashless method. So does it will effect to each own country's economy?
It would definitely have an impact on economy. If everybody who invests or into bitcoin will succeed in it then it would mean more money for them. More money would mean stronger buying power and would definitely give a boost to economy.I agree, which make sense that it would give a great effect to our current economy. As I lived in this country that the crypto currency was recognized by our government I would say yes, it can give big help to each and everyone here in bitcoin community. I already met those people change their way of living due to the crypto currency as they become rich just an instant for just short period of time. Lastly, as we have enough patience to wait by holding our tokens definitely, soon in the future it may change our way of living as we believe that token have a great potential in the future which make cause good impact to our current economy system.
Since many uses bitcoin as the new cashless method. So does it will effect to each own country's economy?
Bitcoin can change the current economic system. We can now use bitcoins to pay bills and also to buy products and services. There is a possibility that most of the people in our society will use bitcoins.
Earlier all the monetary transactions were enabled through central banks (directly or indirectly). Now, with the evolution of Bitcoins, the scenario has changed. The power that was vested in the governments and central banks is shifting to the masses. This revolutionary change in transaction handling has the power to change the economic structure. To bring security and enable scrutiny, central banks and financial institutions maintain a record of all the transactions undertaken by the people. Now with digital currencies, this economic power can be challenged by people. This has led to the creation of a new autonomous body which can facilitate transactions.
Since many uses bitcoin as the new cashless method. So does it will effect to each own country's economy?
It would definitely have an impact on economy. If everybody who invests or into bitcoin will succeed in it then it would mean more money for them. More money would mean stronger buying power and would definitely give a boost to economy. 
Since many uses bitcoin as the new cashless method. So does it will effect to each own country's economy?
Anyway, bitcoin and other crypto-currencies have already attracted huge attention from countries. In the future, some countries will prohibit, some regulate and some will implement. For this reason, Therefore, I believe that bitcoin will change the system of the economy.
The countries economy depends on how people adopt on the new method or services that this generation to offer. Like what you said there are different ways the country did to control cryptocurrency in their nation. Bitcoin slowly changes the way the economy moves and in the future the effect of cryptocurrency will be known from all corners of the world.
For that it would be necessary that one day it becomes stable ..
Since many uses bitcoin as the new cashless method. So does it will effect to each own country's economy?
Anyway, bitcoin and other crypto-currencies have already attracted huge attention from countries. In the future, some countries will prohibit, some regulate and some will implement. For this reason, Therefore, I believe that bitcoin will change the system of the economy.
The countries economy depends on how people adopt on the new method or services that this generation to offer. Like what you said there are different ways the country did to control cryptocurrency in their nation. Bitcoin slowly changes the way the economy moves and in the future the effect of cryptocurrency will be known from all corners of the world.
Since many uses bitcoin as the new cashless method. So does it will effect to each own country's economy?
Anyway, bitcoin and other crypto-currencies have already attracted huge attention from countries. In the future, some countries will prohibit, some regulate and some will implement. For this reason, Therefore, I believe that bitcoin will change the system of the economy.
The countries economy depends on how people adopt on the new method or services that this generation to offer. Like what you said there are different ways the country did to control cryptocurrency in their nation. Bitcoin slowly changes the way the economy moves and in the future the effect of cryptocurrency will be known from all corners of the world.
Since many uses bitcoin as the new cashless method. So does it will effect to each own country's economy?
Anyway, bitcoin and other crypto-currencies have already attracted huge attention from countries. In the future, some countries will prohibit, some regulate and some will implement. For this reason, Therefore, I believe that bitcoin will change the system of the economy.
Since many uses bitcoin as the new cashless method. So does it will effect to each own country's economy?
I think, in some ways bitcoin affects the economy system of a certain country. Although, there is no precise specification as to where and how it affects the economy. Still, when something involves money, it means that it somehow affects the economy. Particularly, bitcoin who has many users within a single country. This is why it affects, for me.
Since many uses bitcoin as the new cashless method. So does it will effect to each own country's economy?
Bitcoin effect the current economy system if the digital currency will become regulated and the government will make a law to used and accept the bitcoin as an alternate of the traditional currency.this system will only affect if your own country allows bitcoin to operate without a barrier in making a trading investment in the exchanges market,and by this aggrement theres possibility that it will be implemented the economy system.
I don't know if bitcoin effect the economy system, may be yes for the country who legalize bitcoin but bitcoin can't give effect for the country who not accept bitcoin. I just know if bitcoin give big impact for bitcoin users to improve their financial problem and make their lives easier especially in transactions.
When some society of one country is improved, that definitely impart some effect on main country’s economy. If the living standard of people is getting high so they may be giving more taxes and ultimately empowering the stance of economics of that country. Bitcoins are helping people from a long time and that is ultimately affecting the living standards of people and financial status of economy. 
I don't know if bitcoin effect the economy system, may be yes for the country who legalize bitcoin but bitcoin can't give effect for the country who not accept bitcoin. I just know if bitcoin give big impact for bitcoin users to improve their financial problem and make their lives easier especially in transactions.
It will effect in terms of those investors who are trying to invest more in digital that in regular stocks in their countries, some country like China may have a agenda regarding this matter since it may lessen their potential investors and will shift to ICO.
But from one country's perspective, they cannot do any big regulations regarding this because it is basic public preferences like they can risk their money wherever they are preferring to. Still, government may come forward to impose many regulations against crypto currencies but we can expect public alone will be winning at the end because a country is nothing but its population.
Cryptocurrencies like bitcoin are called the disruptive economic innovations that has the potential to change the current economic structure. It can also change how the banks and financial institutions operates in the near future. The bitcoin transactions, for example, has created the possibility of big transformation in the banking industry around the world.
Bitcoin has also open the gate for a new kind of market where government have no control unlike the present fiat market. Some illegal activities like money laundering will be hard to detect if they use bitcoin to get the money out of the country. The use of bitcoin will surely affect the economy in the long run and some government are now taking steps on finding a solution to these problems.
Bitcoin has also open the gate for a new kind of market where government have no control unlike the present fiat market. Some illegal activities like money laundering will be hard to detect if they use bitcoin to get the money out of the country. The use of bitcoin will surely affect the economy in the long run and some government are now taking steps on finding a solution to these problems.
I don't know if bitcoin effect the economy system, may be yes for the country who legalize bitcoin but bitcoin can't give effect for the country who not accept bitcoin. I just know if bitcoin give big impact for bitcoin users to improve their financial problem and make their lives easier especially in transactions.
It will change the whole world economy and our daily life. The current economic system castles ( big companies, g5, g8 countries, USA, Europe) will act against Bitcoin and crypto currency, and they will start a war in the near future.
I do not know about that, they may be eager to start a war against bitcoin but they must know it is a war they cannot win, so they are going to try to do their second best option which is to limit bitcoin and its usage around the world, but that is not going to work either, everyday that passes the economic system show greater vulnerability and when it finally collapses bitcoin will be there to help the people escape the tyranny of their governments.
I think that bitcoin will affect much more traditional power institutions (banks, governments) than economy.
Bitcoin is just a medium of exchange, but if authorities can't control it, they will lose their power.
If bitcoin will win, you can bet that we'll live in a very different society.
Bitcoin is just a medium of exchange, but if authorities can't control it, they will lose their power.
If bitcoin will win, you can bet that we'll live in a very different society.
Since many uses bitcoin as the new cashless method. So does it will effect to each own country's economy?
Bitcoin, as well as cryptocurrencies, affect the economy of the country is undeniable. It is because of this fear that national governments have banned the Bitcoin trade in their country for fear Bitcoin will affect the country's economy and currency. In the future, when transactions are made mainly on the Internet, Bitcoin will ultimately replace the paper money.
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