Bitcoin Forum

How do you think bitcoin will affect the world economy by 2028?

I think no because Bitcoin was created as a new online payment method but now, the nature of bitcoin is speculation. It is not creat the real value for the world economy. And Bitcoin transactions are anonymous, cannot be controlled by Governments. What Government's cannot control, they will prevent the development.

I think it will have a good impact in a world economy because I believe all who believe in bitcoin will become more rich in the future and by this they can spend more money now that will go directly to boost one economy. People will enjoy this great opportunity for sure.

You can't say. It's bitcoin, you see, it is not easy to predict about. Expectations are obviously high but sometimes they are too high than what is required. Bitcoin will be vital for a decade but after that only time can tell what will happen.

The question is not what Blockchain can do for YOU. But what can YOU do for the blockchain?
because it will no doubt benefit YOU, but if YOU can bring benefit the Blockchain, you will become rich beyond your wildest dreams
 ;D

That's the thing, if they can prevent the development and then further the growth this will be the part that actually kills Bitcoin. As without people actively being apart of Bitcoin, there's going to be no one to actually accept bitcoin, trade it, do services for it, mine it, etc.

The only way for Bitcoin to be able to prosper is if government leaders embrace it, which they will never do -- as they want all the power that they can get in their governments.

So, it won't make it.

Speculating to far ahead can really be hard to tell, 10 years is long way to go and right now bitcoin doesnt affect the economy of any country at all, there are still a lot of people who doesnt know what bitcoin is and its uses, maybe by that time bitcoin will be know by all people and can affect the economy of a country but i cant say to what extent it will affect.

Anyone else read the thread about Bulgaria randomly finding out they have $3 billion worth of Bitcoins from a long time ago? hahaha

Actually the prediction is a bit too far , as we know there are still so many problem that need to be deal, especially the legality and acceptance of bitcoin, if every country or  a lot of country accepting bitcoin then bitcoin will have a big impact to the world economic, but now there are only some country that think to adopt bitcoin while others rejected it, so it's hard to predict bitcoin future

Poverty !

That's Bitcoin biggest contribution.

Half of Africa lacks interment connection yet Bitcoin is posed to
help the bottom billion. Of course it will help world economy,
widely the inequality gap a restrict access !

Stop using Africa to put forward Bitcoin agenda.

Bitcoin is already #6 in marketcap of all the currencies there are in the world with only dollar, euro, yuan, yen and rupee being above. If bitcoin doesn't crash till 2028 I guess it can still be a #1 coin but without such a high dominance percentage in cryptocurrency market as we see it now. I guess btc will be rather a matter of prestige than real means of payment. People will just hold it to honor history. Some other coins, though, can become highly adopted and used in daily life just like credit cards.

It takes time for bitcoin to improved one economy and I believe this time spam can give big potential to everyone for them to make money. No one can really say what will happen but if you are a fan of this great technology, this is really possible. I see bitcoin in a high peak on that time and I'm sure everyone here makes good money.

bitcoin and crypto currencies are gaining greater and greater support worldwide

so i believe for 2018 it could affect the world economy but i have not basis for my opinion

other than if fiat money goes into crypto it generally stays there

Development and further growth of bitcoin is not in the hands of any government and that is really what makes it all different. Governments of some countries have tried all their best, but we are talking of something that global, spreading like a virus and we all know how it is hard to contain a virus spread on a large scale.

This is a good virus for the masses and a very bad one for the government, but it is something that cannot easily be controlled which is why it would take a huge and hard stunt to be pulled by the government to break the community bond. By the way, you think they have not been trying their best to see how it can be stopped but not just able to come up with something. Maybe they are waiting for the days of super computers though, but I am sure even the devs would have come up with super computer compliant ideas to make the security of the blockchain technology even stronger.

For sure in the 2018, Bitcoin has widely known and used many of people and accepted as mode of payment and on an online transactions by all business establishment all over the world, many people will get rich thus economy of many countries will improve because all people can able to buy whatever they want.

I think "maybe" not, because this currency is very difficult to be received thoroughly. different from the original currency in each country.
not possible if Bitcoin will empowering thoroughly to the world economy.

I think you have mistaken with your input, maybe it is not 2028 or possible it is 2018.
But anyway, I can say that bitcoin is so volatile and a lot of thing may possible to change in the coming days. But I'm pretty sure that by next year, bitcoin is still doing great and I believe that it will getting stronger. And possible that it could be accepted by some biggest companies as a mode of payment fro their products or services.

This depends on Bitcoin's demand when that time comes. When Bitcoin's demand continue to soar, it will magnificently increase its investors' spending power thus helping world economy meet the equilibrium of supply and demand. At the outset, this increased Bitcoin demand may increase the demand for fiat currency when people who earn Bitcoins decide to cash out and spend in fiat. Of course, this is assuming that Bitcoin will still not be regulated in the future.

It is obvious that bitcoin can contribute positively to the world economy, especially to people who have a strong desire to move forward and improve the economy in the world and in life, but all this has not been able to go smoothly because there are still many people who do not know about bitcoin or anyone who knows but has not contributed to this bitcoin.

With most country accepting bitcoins, there has been a businesses being opened with bitcoins alone, there are people who buy and sell bitcoins and those who trade with bitcoins. It has created a lot of jobs and removed people from extreme poverty and i am one of those.

Talking about world economy, we can only talk about world economy where we have collective effort but bitcoin has not been seen to be a phenomenal that is generally accepted by all country.

So, in my own view, it will rather contribute immercely to an individual's lives and this is already happening.

Cryptocurrencies are disruptive economic innovation that have the potential to revolutionize the current economic structure and change how banks and financial institutions operate. It will surely bring some changes in the economy and the most important of them would be in the following areas such as
1. Powering to the Dark Web owing to its anonymous nature
2. Speculations considering that its value is too volatile
3. Politicization of Money
4. Apprehension among the Central Banks and competing with them directly
5. The Emergence of New Markets or we can say crypto markets and exchanges.

First of all, bitcoin nature isn't speculation and it was created to "kill" fiat money. News and great system that allow to transfer money, buy/sell anything with no government and Wall Street control.
But nowadays bitcoin became speculation instrument in hands of investors...

Bitcoin is going to be a force that both elites and politicians are going to use in negotiating both power and financial interest in future. You should not expect bitcoin to be left behind in the scheme of things. Bitcoin has been doing very well and it has attracted both the rich and the poor attention. Before 2028 bitcoin is going to have a saying in the world economic. Currently, it has created employment for thousands of youth in both developed and third world countries.

Bitcoin will not affect the world economy and it will only contribute It's new technology. It's just another asset and will be used as an investment. The main objective of having a decentralized currency, does not seem to be so important to most people. There's a small number of very rich people, who have the largest amount of bitcoins. So it's still: the rich get richer.

To me by then bitcoin will be integrated into our societies and like we can pay with visa or mastercard we will then have the option to pay with bitcoin and probably a few altcoins as well. I can imagine it now what awesome times those will be... ::) :P

By the year 2028, the world will finally have embraced my creation of cryptocurrency.
Bitcoin will be like a silver coin to us today.

High value, but not practical.

So we will be using somekind of eDollar or whatever main currency there will be at the time.
Main thing is, it will be built on the Blockchain tech.

Normal banks will have a hard time surviving as more people are informed and will understand that if a financial crisis happen..
The bank wont take all your money and disappear.

It will be on the paper wallet, or the QT on your PC or home system server.

I think bitcoin itself will mostly be used as a store of value and treated more like an asset, I believe other cryptocurrencies will be the ones to really influence things, banks dominance will be greatly reduced and many cryptocurrencies will be adopted in to the day to day lives of many.

The future of bitcoin is not yet clear because of a lot of issues with regards to its legitimacy but just in case bitcoin will become the worlds cirrency surely it will contribute to the growth of the economy since it is accepted globally people will tend to transact thongs like buying commodities even outside the country also remittance will become easy which make the countey easily gets earnings

Absolutely, bitcoin has no contribution at all to economy because decentralized was occurred in the system and their should no 3rd party was involved like banking system or any government sector. I would say bitcoin really helps to those users and investors to gain profitable income as they work as an extra income to support daily needs. Regarding via online transactions using bitcoin as the mode of payments, it is possible but I don't think if the government will considered this kind of transaction. Hoping soon in the future the bitcoin mode of payments will implement in the future and maybe their is possibility that our economy will developed.

Still depend. There are two consequences of that.

Possible, if the whole world knows about bitcoin. But its depend on, if a country  will affect their economy. Maybe they will support or against it.

Impossible, only a few countries know what bitcoin is. And if it has a good impact on their economy. What if they banned bitcoin in their country.

If all contry will talk about bitcoin that bitcoin could help their economic status, maybe it will result a good and peace economic countries.

No idea why you want to know how it will affect the world economy in 2028, because it is a very long time to go to there? However, thanks to bitcoin and other crypto currencies, the world economy will continue to lose revenue in relation to online gambling, as more and more players will start using crypto currencies to deposit and withdraw from gambling sites until 2028. Will be funny to find this thread in the year 2028 and read the preditictions!

People as an individual has been upgrading since they entered bitcoin their life changes. My life also change economically and with the help of bitcoin poverty reduces. So bitcoin is really a big help to all of us and in the world.

When it comes to bank concerns there is a negative effect since some people pull out their investments in bank just to put it in crypto market so bank and stock market reduces, but when it comes to the people as you have said, everyone grows here with that their purchasing power increases and of course it has positive effect in the economy.

Someday Bitcoin will not only be a contribution to the world economy... it WILL BE the world economy.

All crypto transactions will be backed by Bitcoin. IT will be a store of value just like gold.

People don't spend gold these days, really. It is moreso a store of value stored in secure vaults, and BTC will also be the same.

If the world has regulations on taxation bitcoin this is a big money can make the world economy more developed but this will never happen because all Bitcoin transactions are anonymous and the government can not control everyone in the world. I think only suitable for those who want to business with Bitcoin

So far bitcoin contributions have not been fully able to support the world economy because there are still countries that prohibit bitcoin, but this will not be an obstacle to the growth and development of bitcoin today and in the future as long as there are still many users who support the development of bitcoin, and over time, of course, bitcoin will be accepted by many countries legally. And so far bitcoin will have been the best as a means of payment in transactions and investment assets that provide many benefits so that all countries declare the legality of bitcoin and accept it legally.

Not really, I don’t think it will do anything more than what it has done this time. I don’t really see any much changes, unless, maybe countries in the world will decide to adapt to making use of cryptocurrencies as their main currency, but I don’t think that will ever be possible. There are people who are not good in this, so they won’t be able to make use of it.

Many people will use bitcoin as a payment especially online shop and more people will invest in bitcoin also. Possible exchange bitcoin in bank.
Some jobs will pay with bitcoin. More country the government will legalized bitcoin.

2028 is still a very long time from here and the last time that I checked, no one can really predict the future and there is no way on earth to know what will even happen in the next few seconds. However, bitcoin is totally in a world of its own right now and depending on the level of usage, I really do not see how this can really have much effect on the world economy by then.

If government wanted preventing the development, they would have done that a long time ago. You think they have no idea what is going on? It is just pretty simple that the more bitcoin is getting lashed by the government and the media, the more it just keeps soaring, so maybe they have thought it best to just keep their mouths shut before they start exposing themselves the more.

It is very difficult to predict what will be the future of Bitcoin because no one controls it, even the owner of Bitcoin. The Future of Bitcoin depends on how people accept it. If people continue to accept Bitcoin, For sure it will be worldwide and those who do not want to cryptocurrency, they will be forced to use it.

The sprouting of bitcoin and other alt currency  gives a lot of opportunity to everybody. The chance to have financial stability which contributes big impact to world economy where in we able to help each country to generate high taxes revenue annually for infrastructure projects.

Yes, nothing is predictable in this world and we can just have some level of faith, knowing that at some point, things will just keep improving. However, 2028 is a long time for now to be predicting anything.

No one could have predicted back in 2009 that things would turn out like this for bitcoin by now, and no one can really say what it would have turned out by then, but if all things being equal to what we have now which I know is impossible, then we may just know that it would have contributed a whole lot.

Im not in the favour of bitcoin being factor affecting the national economy. It will never do it in the next year or next year to that one as long as it doesn't get any legal status really! The legal status means, the way government is regulating the fiat. The same way should be applicable over the bitcoin or other crypto currency so that government can tax it in fixed % and gain the profit from it. This is what will contribute to the world economy in next year if thats the scenario. Otherwise the money will always flow in the one direction only and there will be more stress on the world banks to overcome the destroyed money. There is logic behind that and that must be solved first.

you cant really say what will happen by 2028. in btc develops at current path it will definetely affect the world. the other thing ... regulations shall sure be expected

Hi mate. It seems you are asking what's the contribution like 10 years from now (that's year 2028) as you stated would have a great impact and a big player in the currency trading and exchange. Just cutting even half to the future just by stating that in the year 2023 would hav really a big growth and in terms of value with the bitcoin. So I think many changes in that time even the currency of most countries would be surpassed. It means people continue to trust and invest in bitcoin because they find ways to earn more even risking more as they would accept it. Your question is an open one but with a possibility and probability of becoming to happen as a big contributor.

The easier transactions with big companies that pays a lot of money. Converted to bitcoin it will just like be an ant. It will be faster that way and the transaction cannot be seen physically so it will also be safer that way.
Just look at how we transact now, imagine a large amount of money is being done everyday. We are just like traffic abusers in the blockchain after that. Small transactions wont matter and this companies will pay a lot just so they wont rent any armored car or any defense to bring the money.
Economy will be a lot better and faster.

2028 is still a very long ride from now, another is will cryptos still get in existence by then, if YES, then by Bitcoin and a whole lot of other surviving Cryptocurrencies will affect the economy positively, because people will now achieve a good level of financial freedom and money will be moved from cryptos to the economy and vice versa.

The success of bitcoin for almost a decade now makes it a reliable reason why we should expect its full adaptation in future time. If bitcoin will become a legal tender of the world the economy of different countries will improve because transactions will be more easier even outside the country also remittance will not takes so much transaction fee which will help people maximize their money. I am sure that economic growth will become a big success because of bitcoin

By 2028, I guess bitcoin would have greatly affected the stability of the people and the economy. Witht he current positive things that is happening thru bitcoin, it is not a doubt that a lot of people have been helped and is continuously helping by bitcoin. With good status of citizens in it, economy follows and we expect that it will be well established and widley accepted by that time.

Exactly. What they cant control they will forbid, what they cant benefit in they will ban.  ;D funny but true. Bitcoin may not contribute to the economy of the country but nevertheless it will contribute to you and me and all those who are doing the business. There will be less jobless individual with crypto.

Nowadays new bitcoin contributions may be felt by most bitcoin users who have the ability to use bitcoin, but I'm sure if someday bitcoin can benefit everyone and it may just be a matter of time and so is contribution of bitcoin to the world economy that has not yet maximized due to regulatory limitations and their lack of knowledge about bitcoin use, but I'm optimistic if bitcoin is able to provide positive cortibustion for economic progress of everyone in different countries, because as far as I know, bitcoin has a pretty good concept

It may and it may not. Everything is centered on how the governments perceive it, the level of adoption and how bitcoin itself is doing when that time comes. A lot of people have been enjoying the great benefit and I am sure a lot of people still will.

I am very optimistic that by this time, bitcoin would have become a household name and that is for sure good enough to make things different when it comes to payment means and the value at that time which I believe would have had a general effect on the masses and probably the world economy at large.

I personally think that the contribution of bitcoin to World Economy by year 2028 will be greatly influential and widely accepted across the globe. It could become like the Internet wherein everyone is using right now. Bitcoin and its technology is the future of money and it has the potential to boost the world economy by mass adaptation.

There is a lot of surprises with bitcoin by next year and the coming years. Not only it become accepted globally but also it could be possible that bitcoin would become a major used in all transactions. Any possible devopment inside crypto will surely become a useful tool for us and to the entire community. And it could be also tool to enhance our economical capabilities into a better one in which we all can benefits from this.

I agree.Knowing the potential of bitcoin,i believe it could really contribute much to the progress of our world economy.This can only happen if there will be mass adoption on using bitcoin.Everybody here will make its lives better and it will totally contribute to the progress and development of the world economy.

World economy, i have not thought on how it could help the world economy but for sure by that time, there will be multi billionaires through bitcoin or crypto as it has already started to numbered of multi millionaires now.

The contribution of bitcoin may be less pronounced in the world economy because there are still many countries that do not accept bitcoin as a legitimate transaction tool. However, the most obvious bitcoin contribution is that bitcoin is a digital currency so that its users have inadvertently contributed to reducing paper consumption and thereby reducing the logging of trees used to make paper money. bitcoin users have taken action to protect the ecosystem of the environment in the world.

This all depends upon the next 5 years. Because in these next five years almost all the crypto currencies will be strong enough and will have the confidence of the clients dealing in that currency.

Now what is the super powers are going to do officially will matter a lot, if all the super powers allow the crypto currency to take over, than by 2028 crypto currency will be on the verge of its peak  and the economy of almost every country will take a new turn.

I think bitcoin has many contributions for economic in the world. Many people have occupation because of profit when he join in bitcoin :)

I dont think it has much effect on a countries economy if a country accept and legalized bitcoin then it may have effect when converting bitcoin into that fiat currency but most of countries and people doesn't know anything about bitcoin so if one person holds btc that individual who holds bitcoin can only affected with his financial economic needs.

Definitely it does make contribution to the world economy. Its part of our economic system now. We buy and sell bitcoin for goods or services. Our economy is going digital that makes cryptocurrencies like bitcoin to contribute in its changes. There are no regulations yet but the technology demands its purpose and this must be properly considered. Its not only about how it was created or how it was used, but its more on the adaptation of digital world through bitcoin.

I think it will improve the economy of the world by 2028 because of the job it gives to people.  Also I think bitcoin will be the main cryptocurrency to be used in the world by 2028 and I think people will not be using paper money or coins but will be using digital money by 2028.

Its contributing to the growth of country economy if you earn you pay taxes and its contribute to the indian economy than growth increases. If growth increases than contribution goes into the world economy.

As now this is digital era and crypto currency in the digital world gaining more popularity, day by day bitcoin price is increasing and more people interested in investing with the bitcoin crypto currency . because the popularity and with more investment price rising and now it is u to $16000.And becuase this more people getting employment ,in every aspect like mining , trading etc. it will be more popular by 2028.

I do not think there is any influence now on the world's finances, as well as the current bitcoin that has contributed a lot to it.
 

By 2028 I am sure that bitcoin will be the only coin which will overcome all other currencies paper, fiat or digital, because a huge amount of people are investing in bitcoin due to high volume of profit. And in this world all the people want to earn as much money as they can and bitcoin has provided this opportunity. Now it is up to people how they utilize bitcoin and make money from their investments.

World economy will still be based on every country that would be smart in the usage and acceptance of bitcoins. And will depend on the application itself. A country may allow exchanges but due to its decentralisation, it will be hard to know what specifically is its effect on a country's economy. Government is still in charge of such matters that it's why bitcoin toward the acceptance by the government is still debatable. Until know, it is still a puzzle how will it be effective without bringing burden to the user. Users are hoping to have less pain in transactions that is why they started using bitcoins. Putting taxes and fees are already a burden by some.

Actually no one can see exactly what Bitcoin can contribute to the world economy, let alone you speculate that far. If we look at the development of Bitcoin quite well these days, but what we regret is the absence of full government recognition (especially in my country), which in the end is feared the government will always limit the development of Bitcoin itself, so that Bitcoin will decline and can not contribute to the world economy.

Bitcoin will change many thing. Especialy in monetary transaction which earlier were enabled through central bank. Bitcoin will change this, the power that was vested in governments and central bank will shift to the masses. The positive side is the money will spread better than now.

Bitcoin is pushing many investors into the crypto market, many of which have hired crypto and have acquired a large amount of money that has driven the country's development.

The world economy beomes healthy and good in performance with the money revolves around. Cash movement may it be in local or international makes up a good economy in terms of it's operation. And with bitcoin around, the wrold economy performs better with the cryptocurrency activities available like trading, Bitcoin mining, services with Bitcoin payment, Bitcoin as a mean of payment to buy consumer products and many more. It's contribution to the world economy continues to grow as the demand of it also grows.

On my own opinion, yes definitely bitcoin contributed to the world economy. Bitcoins really helps on many people's lives by providing them as a source of income for the jobless people and an extra income to those have a regular job which has helped to pay off the day to day expenses of their lives. Also, bitcoin helps a lot of people to get out from hungerness and poverty by providing them a food to eat. All of this thing helps a lot to the economy in our society but I don't think in the demand and supply for the prices of our products since some of its prices are continue to high which it gives burden to those poor people.

It will have an impact the same way it has an imapct currently.
As you said the vaule of it coin is a speculation... Co the money i mean new value is a created value. So we can say thet money are creating right now, people have more money, everyone is spending more and as result the country earning more and more money mainly by fees.

Just curious why 2028? Or maybe because it is the 10 years in the future. So I will take mostly what I observe now and put an predictions on what are telling signs. 2018 will be like this year up to 2020, but onward a big turnaround that will make bitcoin the center of investment in 2028, bitcoin is the new most used currency around the world.

I think bitcoin will be major contributor for world economy in future. As bitcoins value increases, more and more people's taking interest in it, people realises benefits of it.
Thats create demand of bitcoin all over the world, people will use it for trading, investment and as payment mode. So that directly contribute in economy.

Cryptocurrency is spread worldwide and now it started to used by the community in any transactions that it can be accepted. As it grows, more people will make this thing as an investment aside from being considered as a money for payment.
Most probably, government will imposed tax to those who are holding this coins just like of having fiat money.

We have our speculation to answer you're question, maybe at that time bitcoin has have more development to us and to economy in our country, more establishments and department store have a gadget to pay bitcoin good for as cash. I hope that time bitcoin more expensive.
It really help to us as a user of bitcoin by individual to have an income specially for those people who unemployed.
Who knows at that time bitcoin have a freedom to all countries and not regulated and controlled by our government.

At the very present time, bitcoin is not able to make a major contribution towards the betterment of economy of this world. However, it all depends on the attitude and interest of the government officials. If they are really interested in making bitcoin a legal currency, then bitcoin can for sure bring a lot of wonders to this world. Till that time, nothing good can really be expected.

I think ten years ago the state always in progress. Sure that bitcoin always support economy the world. Many people join in bitcoin and the have double income. So it is give the big affect in the world :)

We can't control Anything in about bitcoin even governments cannot control it today but as I have observed how bitcoin really do great job this year with very high bit of orice I think bitcoin will bd more exposed from time to time where the governments almost interested in bitcoin then I think as bitcoin becomes anonymous today there are time for tomorrow bitcoin will no longer like that because the governments will not allow a transaction ir currency without any taxes.

Bitcoin give many more effects for the world economy. First, many people who do not have occupation he get occupation from bitcoin. Second, many people get double income and many more again :)

negatively actually,

bitcoin wastes a ton of electricity,

it gives a small pyramid system around bitcoin owners privileged rights to live off the economy,

bitcoins are not beeing invested productively but just to market the coin

this is the problem with mass media coverage telling us what currency is valuable and which not.

sorry but that was honest.

regards

ok thats true besides providing jobs cryptocurrencies also move power away from the established communal elits,

this changes the worls people now dont have to imitate the banksters as good as possble to get an occupation

but well good luck with those products then.

regards

This is really one hell of a shot for like 10 years ahead, but let me give it a go. This is what I'm thinking. Bitcoin as bitcoin has indirect change of the World especially by blockchain technology that has really a lot of usage.Therefore, there will be some really smart guys with smart ideas that will probably change the World as we know it by applying all the tech there is available right now. I feel that there are huge changes in that terms ahead of us and we will be all there to see it happen.

Bitcoin is helping to a lot of people all over the world. I think there are many countries till undeveloped. Unemployment rate is increasing day by day. On this condition bitcoin helps many people to contribute their life in peace. Many people depends on it for their financial purpose.

The contribution of bitcoin to the world economy is not yet felt. But if governments in their respective countries can accept bitcoin as a legitimate currency for use of various transactions then bitcoin will be a powerful influence for the development of the world economy even I can say bitcoin will be the solution of the world economy.

Bitcoin is currently used in several countries as a payment method, such as Australia, which increasingly uses this currency. In Venezuela, the idea of using the cryptocurrency called "Petro" arose as a method of helping to improve the economy. from this country ...

Probably just as gold affected the market and the economy of the world, bitcoin will do the same, i think that 2 years from now goverments will start racing toward getting the most of bitcoin and it will just like how gold is distributed around the world bitcoin will be the same but more of a decentrelized way, i think that the cryptocurrency market in genreal is starting to be in the spotlight of many unvestors and econemist and that is why it will change the current market from stoks to crypto market where people by and sell coins, and bitcoin will on the top of it.

I think bitcoin contribute to world economy. Bitcoin helps a lot of people in the world. Bitcoin helps many people to spend their life with happiness. Bitcoin helps too many people in financial purpose. Bitcoin removed the unemployment problem.

Bitcoin is not just an online payment solution,it is a currency and the nature of bitcoin is not just speculation alone ,one thing is that you do not have a clue about bitcoin and what it represents and you are in this forum for a long time,bitcoin transactions are not anonymous ,how can that be possible when every transaction is saved in a public ledger.

Wow. That is way far to be predicted.
Only the market will tell how it will end up. But I think as long as there are people who are willing to support bitcoin then it will be a good future.
It could change daily so we cannot really tell what will happen.
But it could also be the mainstream currency specially when almost all human being rely on the internet.

Bitcoin being anonymous has always been a thing of the media. Purely because of Bitcoin's "anonymity" it was said to be a safe haven tool for terrorists, drug criminals, etc, and as result, people have blatantly assumed that this was true. Most of the people understanding what Bitcoin is have never seen Bitcoin as being something that offers anonymity, because as you pointed out, the blockchain is like an open book on the internet that basically everyone can look into. Currently the tools blockchain analyzers are working with, and the understanding of the underlying technology, have improved so much, that it's basically a near impossible task to gain a total form of anonymity, and that no matter how hard you try.

By then the positive effect will likely have happened I think and those who would have stood to benefit from bitcoin will have benefited financially. However, this is only the true beginning as it will be used as a means of currency given that fees are low enough and this will massively disrupt governments and banks alike.

VC backed companies account for about 10% of all private sector jobs in the US. If new cryptocurrency companies and tokens sales increase startup activity by even 1% (which is conservative just for this year, not to mention by 2028) that's a significant impact on employment and the overall economy.

It's really hard to tell the economic contributions of bitcoin unless it gets regulated. Only until then it will operate like a bank and extend its services to loans and different kind of investments. For now the beneficiary of bitcoin is limited to the traders and joiners of signature campaign which cannot be felt by others who are still unaware of this kind of crypto. Anyway 2028 is still a long time to go and changes and development can still happen from time to time.

Thinking of world's economy on 2028? I don't bother to think about it, I'm visioning that it will be good because many people will deal with bitcoin and cryptocurrencies. There will be a positive impact to the economy and it will make everyone to live a decent life because of bitcoin. And transactions will be done mostly through bitcoin as it will become a very popular medium of transactions especially for business people.

Perhaps it is the economic impact of the people of the world, because today there are many people who join in Bitcoin VIP or Bitcointalk Forum, from there people who join in various ways to get profits such as trading from VIP or others already provided in Bitcoin get positive impact from Bitcoin , from there the economy of the world community who took part in Bitcoin began to improve and progress from time to time. In my opinion

There is a very big contribution of bitcoin in world economy and especially in third world countries because their economy is not good and they have a very bad situation so all the people they are joining bitcoin and they have changed their life which really helping their country economy and my country not only accept bitcoin but it will be legal soon in my country and every single person in my country they are going to support bitcoin.

In bitcoin, it’s really difficult to predict accurately whether it will impact to our world’s economy in the coming year. However, we all know clearly that there are getting more and more people using bitcoin nowadays, which make us believe in its existence as same as its influences to all over the world. Through its convenient, help us to earn profits, which make us be attracted. There also have some countries accept it like local currency. I think it’s a great foundation which pushes  bitcoin to impact to our economy strongly in the future.

It is likely that btc will be one of several alternatives for the world economy in the not too distant future. Another theory is likely to be that many governments will turn their fiat into digital currencies (many are already doing so, especially in South America) and this would end up generating a kind of bickering between government and the user community of btc, as government currencies are likely to cost the same of physics btc would still be above all.

I think it can give a better contribution to the world economy because people like me really helps everything I need to buy and pay to make my days complete and I think it can really help me a lot.

Today bitcoin has a positive impact and has contributed a lot also to the world economy, esp to the country who supported seriously btc as their medium payment method, and uses bitcoin also to reach out community who are interested to learn more the activity of bitcoin, it is good in the sense that many who have earned a lot already, many who have enjoyed already the profit of their money as fruit of bitcoin, many who are unemployed yet they earn money in bitcoin such as joining forum and other ways of acquiring it without having a capital, wise millenials have a wise ways and means as well, and they benefit a lot the existence of bitcoin in the world

Actually, I think that bitcoin will affect positively to the economy of the world and particularly when the governments recognize it and the other currencies too, then everything will change for the better for all cryptocurrencies but the biggest problem that many countries are afraid about these coins because they cannot control them and and they always want to dominate the money.

Invented in 2009, crypto-currencies were not taken seriously until the first 5 years of its existence. And only now their rate began to grow and they became an equal player in the financial market. Crypto-currencies are capable of making a revolution in the financial world. After all, after some pillars of financial activity are overthrown, in their place should be no less reliable and transparent. And these are the pillars and should become a blockchain and those opportunities that provide the world with crypto-currencies.

It's easy to predict when it comes to the impact of our world's economy. It's like a domino effect, if someone or a group in a country are into bitcoin and they are earning that much then they have some hidden wealth that they are depending to as they live. And if those people/groups are combined altogether from different countries will spend that hidden wealth then it will have a great impact to world's economy in a positive way.

It wont affect the economy directly, just stop thinking about that because it is obvious that banks, as an example, are never going to disappear because of bitcoin, in any case, they will try to create their own crypto, nothing more than that.

It could make a great impact just like what is happening now.
But it needs progress too. It cannot stay to be like this for long processed transactions which takes days even with average payments. That will be unfair for the users.
One more thing is the fees. The large amount being paid could lead to people looking for something else which is better and cheaper.

Till 2028 i think the world will change totally and there will be a totally digital era in the world. Every person will become digital and people will also adapt to the digital change.

I think bitcoin will become a global currency and by 2028 it can also become a center of world’s economy as it is growing daily and in some years, everyone will work with bitcoin and use it for their advantage. Bitcoin will increase the world’s economy till 2028.

yea why not bitcoin is a currency and it have its own value in market so it definitely contribute in world economy if it is present in market. Still there are no such large number of BTC present in market but as the users of bitcoin is increased in market then more BTC will came to market and after sometime according to my idea bitcoin will be the only currency which will strongly contribute in economy.

2028 is very far, one hypothesis, bitcoin could be a bit behind other currencies (like ethereum) like it's not a payment solution, it cannot support a lot of payment but it could bring more transparencies for companies or even government that would use it.
However before this, government have to regulate bitcoin:)

Because we like it or not world will be coming digital if we ask bitcoin will have an impact to the world economy  yes it has, because it every currency will seek for domonance that the people will recognize as the world currency.that world economy is dependent to it like fiat money today dolars is still holding the dominance of world economy.

As of now the bitcoin cannot directly contribute the growth of every economy of the country since bitcoin is a decentralized and not every government adopt on it as this time but i do believe that people will directly gain benefits of the goodness of bitcoin and if many people getting rich then i think it has good effect in our economy.

Are you telling that bitcoin helps you in your daily activities ,you have to thank this forum rather than bitcoin as most of the people are trying to make money with the forum and not because of bitcoin you are making these money. :P what is the contribution of bitcoin to the world economy is giving people the option to invest in a decentralized market rather than the centralized market we have.

I agree with you that bitcoin is very helpful in everyday activities and I am very grateful to this bitcoin forum, maybe just a little my advice is not too focused on bitcoin forums, we should be able to invest in bitcoin results for additional search. Maybe we can open a small business like selling food or storing the income we get from this forum we buy gold and then when the gold price goes up we just sell the gold, from there we can get more results.  ;D

Until now bitcoin has not been able to contribute much to the world economy because there are still many countries that do not accept bitcoin as a legitimate currency used by citizens in a country. This makes the contribution of bitcoin to be choked to be a solution for the development of the world economy is now all digital.

On my own opinion, yes but doesn't mean totally contributed the the world economy. The fact is it really helps to each of everyone of us in the crypto world by earning some amount to support our needs in daily consumptions. I really appreciate bitcoin which is special in many ways compared to other fiat currencies as bitcoins gives its user's the sense of financial freedom from a third party situation which means only the user's have control over their own coins or bitcoin earnings, the bitcoins is a network of coins which helps to transfer bitcoins through a peer to peer network.

Bitcoin will have a huge effect on  world economy as a whole because for every country that has a lot of bitcoin user, they can add money to their country's financial state because as they earn bitcoin for themselves, they are getting it on other sources (outside of their country) so that money will add to their country's total financial state whenever they use their bitcoin for their personal needs.

Great, if the bitcoin will reached on that year 2028 I can't figure out the value of bitcoin on that time. Regarding to the economy, well of course yes but only to those who are in the bitcoin community as well as the crypto currency community that really helps to earn just to have money for the daily needs in life.

In the year future of 2028 I think bitcoin has a big contribution in the world economy .People now using bitcoin everyday by paying bills and other bills,its been worldwide known and very popular cryptocurrency that can be.It has a huge effect in the economy by reducing poverty and  jobless will do have a job.It will benefits us a good standard of living in our economy and continues growth for us.

Bitcoin and Blockchain Technology will be booming in the next 10 to 20 years,
just as the Internet is booming after 30 years of creating,
electricity booming  after 50 years of creating
and steam engines that are booming after 50 years of being created.

In 2028 digital currencies will rule the world and as bitcoin will remain leading currency it will have a deep impact over the economy of the world. Countries who will start using bitcoin will surely boost their economy and can make it more stronger, while who don't take necessary steps according to the future needs they will face a downfall in their economy.

Bitcoin is contributing to world economy ,because many was earning their income with the help of bitcoin.I had doing trading of bitcoin and altcoin after quit my job.Only bitcoin is the best for short term profit.For long term profit choose the altcoin. Bitcoin was indirectly help the world economy by giving some profit for the investment.

now Bitcoin has affected the world economy, even though its impact has not been too big,
in 2028 I think it will be its glorious period of Blockchain and CryptoCurrency,
so Bitcoin and Altcoin have a great future...

Nobody understands exactly how big will be the impact of bitcoin.
We expect to see banks and governments reactions when they'll understand what unbelievable revolution is happening.

Somehow it makes sense but as bitcoins keeps the price higher then there's a tendency that it will be a big name in the economy whichever the country is. I recently hear about bitcoin economy in my country and based on what people say,bitcoin becomes trendy and useful at the same time in purchasing goods or a good investment in big companies but there are instances that many scammers try to copy bitcoin's way of getting investors. Good thing it is now protected in bitcoin's security to avoid its negativity. I'm still thankful that bitcoin has contributed something in my country and that is helping people to put up and raise small businesses as starters.

Bitcoin and other crypto currencies indirectly contribute to the growth of the world economy, we can see the owners of bitcoin at this time his life has begun to change because the growth of bitcoin prices are increasingly expensive, but it can not be denied that bitcoin also has an adverse impact on the country's economy such as if bitcoin is used as a means of exchange other than money in the country, the value of the country's currency will weaken and even the economic crisis will occur.

At present what we have in terms of users is not more than a percentage of the population, but the growth attained by bitcoin along with the other altcoins has made a big impact upon the world economy. When years pass surely the acceptance will increase making the economy glorious as an user mentioned.

I agree. Bitcoin is something new. A new concept that really supported the idea of moving into a cashless society. Although, it is mainly hinged through transactions by the use of the internet, it surprisingly showed a difference in terms of keeping things safe and private even if its activities are mainly done online. Also, it showed that there is a possibility of introducing a new currency that is different from the usual and traditional ones used by every country. The decentralization feature it offers has never been seen before.

Bitcoin will help the world economy to develop. Finance of each developed country will facilitate and enhance the living standards of the people. If the bitcoin collapses, some big investors and businesses will collapse. That capital is some economic loss.

Bitcoin for sure would have great contribution in the world economy as this helps people generate more income and many people will be investing considering of the increasing market value of bitcoin. Bitcoin in the developing country would able to benefit the unemployment rate since by joining the bitcoin, just like joining the forum and will be sponsored on the signature campaign advertisers, surely they can earn better income.

In the world economy, it could be part of major markets in the outside world. It can be now an option for trading of exports and imports in the whole world. It will gain more investors than it should ever be imagined because on how profitable Bitcoin really is. Bitcoin became one of the examples of decreasing the unemployment rate due to good rates and lots of opportunity in investments and of course, trading.

Bitcoin is not only considered as a currency but also as a commodity, if one owns a very large Bitcoin number, it will be a billionaire with Bitcoin, many of whom see him. They are rich in this field, they will join Bitcoin and cause competition between business partners.

Surely there is a short supply of bitcoin. Time for the bloom of all altcoins. The huge shortage of bitcoin supply is the main domain of all altcoins. but bitcoin still the first of all altcoins. And probably it'd effect to world's economy is altcoins produces more investors and buyers. This is a helpful to economy in the future years to come. I think it will effect soon.

Development bitcoin, pulling the development of related technologies and industries.
Technological rise of the society. The money of investors flow from less effective holders (banks) to more profitable ones.

This is the best thing that bitcoin has done so far, turning unemployed people into employed. This is really a great step taken by bitcoin because there were so many people who were degree holder but were living a life of poverty just because of unemployment in their countries.

Bitcoin has made them able to set up their own businesses and now they are able to give jobs to others as well. Bitcoin has undoubtedly made many people rich as well.

In my opinion, yes bitcoin has some contribution to the world economy. Even bitcoin is not a real money is still a digital currency that can be converted into cash and some company or establishment are accepting bitcoin as payment. Yes, bitcoin is tax-less, but when you convert it into real money, I know that you will use it to buy something or use it to pay the bills, on that point you will spend some money to pay added tax so that the government will have some benefit on it.

I think bitcoin has an impact on world economy in an indirect manner.  Indirect because just like what others said, since it is not yet under the government's control or mandate, it will not affect tax regulations and the likes.  On the other hand, bitcoin has monetary value and so when converted to cash, it gives people ability to purchase a lot of things.  It gives people more means to spend it on whatever they like.  They could spend it on travel, hotels, and other merchants or products and services which in turn remits those taxes. In doing so, I think this is the way how bitcoins are affecting the economy.

The new blockchain technology is really important. Bitcoin is speculation. But block-chain technology will open the digital age for people who will no longer use cash or simple cards. We'll go out and take a phone with us wherever we can go. on the world.

No one can really say it yet. Its too far from now and it is really hard to predict. But as where the bitcoin stands now there is big chance that it can be recognized by the government in different country as a part of the economy.

Bitcoins contribution to world economy in the future, such as online payment, cashless society, and fast processing of transactions, whether any kinds of transactions.:) Since bitcoins are globally recognized, it could be a universal money in the future.:)

Bitcoin is developed to facilitate a more convenient way of transactions in the market world. It is a perfect tool for the modernization of universal marketing. Like fiat, it is use for the balance allocation and distribution of value and worth to stocks exchange. Even though, right now, bitcoin is not yet as acceptable as fiat globally, correction and regulations may be made. Bitcoin impact on the world economy a decade from now, will depend on how it would be accepted by the public.

Bitcoin will definitely affect the global economy. This has already begun to happen. And by 2028 bitcoin will closely integrate into many economic aspects of human activity. I think, crypto-currencies will be about 10-15% of the world economy.

As I would like to think, yes bitcoin has some commitment to the world economy. Indeed, bitcoin is taxless, however when you change over it into genuine cash, I realize that you will utilize it to purchase something or utilize it to pay the bills, on that point you will spend some cash to pay included assessment so the legislature will have some advantage on it.

Bitcoin have vast contribution to global economy either it can be direct or indirect impact.Bitcoin opened doors for those who have too much money in form of cash they can invest to make it proper use,Bitcoin minimize the employment to engage the manpower and main contribution is safe and quick way to make transactions transfer money from one place to another.

The word Bitcoin can use the game changer because for the use of it changes the many people’s lives. And it is indirectly affected the world economy also. Because our young generation has fresh minds they can use Bitcoin with the new ideas that affect the people’s lives directly. And the ten years ahead if we imagine the Bitcoin progress it would be directly affect the world ‘s economy and government legalize it in country and people are free to use Bitcoin like flat money.

Bitcoin has valued contribution in global economy either direct or indirect,it helps to investors to raise their income and diversify which create opportunity for society welfare. It helps to job less to to get good income and stable financially.

I think bitcoin has a lot of good potentials that can really uplift the economy of the world.Through its high value,lot of people would be interested in investing  and even using it.Soon they will come to experience progress in their lives in the latter part.If this happens,i believe bitcoin will minimize poverty in the world as it gives unemployed people an income that can really make their own lifestyle changed too.Hopefully bitcoin will be recognized in the world 10-20 years from now.

In terms of world economy, bitcoin has an indirect help or boost to a country's economy by enabling people to have financial freedom.
Financial freedom equates to a much more buying capacity for goods and services which will then increase the country's revenue thru value added tax and or excise tax. By generating revenue, more infrastructures and also government projects will be implemented that citizens will also benefit. A cycle thay people will benefit from. So in this way, bitcoin is a great help.

2028 is a long run to witness. Every year pass is always a development for bitcoin economy. The affect of bitcoin to the world economy will be huge growth of economic development. This could be changing the economic views of world economy in 2028 bitcoin affect.

That's still a too far year to predict. We dont know whAt will happen. But I think bitcoin will continue to eveolve in the digital world. Many altcoins will exist, will die and will maintain their strong positions. On bitcoin, I beleieve it will continue to move forward and the economist will adopt and make adjustments for bitcoin's to be used in every community.

this is the good impact of economy and to myself. By year of 2028 maybe i am probably Millionaire or Billionaire why not,and many people knows bitcoin but if they know it they will be lazy because of the big earning of it they only can do is to wait their fee.the best contribution of bitcoin to the economy is give a opportunity to people who is unemployed.

Although bitcoin is an online payment method, I think bitcoin is capable of contributing to the world economy. Because people who have bitcoin (investing in bitcoin) are likely to benefit greatly because the bitcoin price changes are stable and rising, and this real bitcoin becomes the income of the world community. It's just that the legality of bitcoin can not be sure, there are some countries that have not received bitcoin. Bitcoin will make a major contribution to the global economy if each country recognizes and accepts bitcoins, and also applies to legitimate payment methods in the country.

the contribution of bitcoin to the world economy is very closely and important. because bitcoin can improve the economy of the people so that people who do not have jobs but still have the income to meet their economic needs in everyday life. therefore we should be able to utilize bitcoin as well as possible so that the people's economy remains stable and we continue to contribute in the world economy along with this bitcoin.

yes of course bitcoin will bring a good impact on the economy for bitcoin users and the government will benefit from the transaction, because many investors who join using bitcoin and the public trust about this currency crypto

Bitcoin contribution to the world economy seen from the many digital projects that receive bitcoin, especially in early 2018 is very founder of Facebook will even deepen the cryptocurrency for the development of these services. His contribution is clearly visible and now many investors are turning to bitcoin for multiple benefits. If there is no contribution then until now maybe bitcoin will never be ogled by the investors.

Well, since you talk about the economy of the world in 2028, I think that there is a big change will happen because we can see that some countries will improve their economy when they start to accept bitcoin. What if in 2028, ofcourse there is a big change with the economy of the world maybe it will be more became rich or develop.

Its either going to be a global means of currency or the government should have shut it down before then.  The government are power crazed and they dont like what they cant control. Money they can control, but they can not see they'll go to any length to wipe it out. Its a two way thing but I am hoping we'll get to a point of having a real cashless society.

Between 2024 and Bitcoin, the world economy will improve. Over the past few years, Bitcoin has gained significant importance throughout the world. Indeed, it is the world's leading crypto currency and the best edited currency of the year. It has achieved more than 35 percent compared to last year. Acquiring this recognition is not easy. The risks associated with crime in the form of laundering and narcotic currency such as the Silk Road and Albavay, through the notorious online black market and the risk of price risk, regular financial market participants are vigilant due to its possible risk.

it will be a good impact.. if it's bitcoin more lead to a more positively things and promising without harming the country. It can provide many benefits, but of course the sides of bitcoin excess can still be used for negatively things. Well, I think this depends on the government, if indeed the government can cope/regulating well, it will have a more positively and beneficial impacts.

Day by day bitcoin is going high and people are more positive with this coin. This coin is helping to those people who sees the dream to be a successful human. There is no other coin which coin gives as profit and facilities as bitcoin gives.
People can get a very big amount of profit from this coin if they can do all the thing correctly. If this coin gives facilities at the future like now then more people will join with this coin so that its price will be much more than now. If it happens then people will get more profit from this coin which will help the economy system of the world. Anything can happen but you should do all the thing what will make you success.

I don't think it's possible at this moment. Because now bitcoin is just a online currency and only a few number of people are known about bitcoin. Also lot of country has already banned bitcoin.So for now it's totally impossible that bitcoin can contributed to world economy.

who told you that bitcoin transactions are anonymous?only the details are covered with anonymity but not the transactions because it was traceable,and who are you to say that bitcoin cant help or contributes to the economy?dont you even know that more and more this days are being involved in cryptocurrency and starting to make income here,if people continues to do such then the economy will grow because of this coins

Bitcoin will be a great turning point of the ecomy and will have bigger impact in it. Years before 2028, it was already happening. What more it is already in that said year. Btc produced rich people, and made rich people even wealthier. Who knows? If it continues, greater things in the future surely awaits.

2028 means 10 years from now and I think bitcoin will be much better. Right now I'm sure bitcoin has contributed greatly to the economies of every country and even the world, because in the presence of bitcoin there are many people who helped their economy get better, only bitcoin is still in the eyes of something illegal. I hope the future bitcoin will be accepted by many people in the world.

Hopefully in the future, Bitcoin will be fully accepted by the society and the government. Though there are still much to be done in the technology of Bitcoin and in the blockchain, all this will be corrected in the future and the volatility will be lessen. It could someday help the economy when the stability of the blockchain technology is achieved.

This is what i have been telling that when a country adapts bitcoin and other crypto currencies, its stepping into a new economy. The economy growth will be more than they do with fiat currency. We do have so many countries understood the benefits of bitcoin and other crypto currrencies. Cryto would certainly grow up well.

We can only say, let's wait for Japan to make improvements. Japan is one of the countries that strongly support Bitcoin to become one of the alternative state money. If they are able to implement it in the form of daily trading transactions without problems, then Bitcoin certainly has a bright prospect to be adopted by many other countries.

I disagree what we need is that people adopt bitcoin if that happens the government will have no option but to do it as well, I know that a lot of people feel that governments are all powerful but that is not the case even if they do not like it at some point they need to follow the will of their people and if the people decide to adopt bitcoin then they will have to do it.

The contribution of bitcoin in a world economy in 2028 maybe  it just the same as now if the government of every country still don't accept this kind of digital economy as the world trends value is uncertainly stable which volatilitiness is always there. What really takes to the government today is  only transaction fees going fiat.

if it happens so bitcoin will have a rapid development. we know japan is the founding country of btc, they are doing a lot of breakthrough for btc progress, and i am sure japanese business associates later also recommended using btc for transaction tool

at least maybe bitcoin will grow a lot of people in terms of the economy. gradually this will create a country into a developed country and it's not impossible in a few more years of all countries in the world will progress very rapidly.

Technology of blockchain carries a new era for people, including the economic one. Whether the government wants it or not, and this technology will take its place, the rightful place, in the history of mankind. Here the issue of regulating this whole holiday of life. You can always find ways to control this or that phenomenon. Politicians like to talk a lot and often themselves contradict themselves. While there will be no spodvizhek towards adopting a specific law, our assumptions do not make much sense.

in the coming year, if bitcoin continues to exist and continues to retain its value, bitcoin will have a profound effect on the economy. as many people will use it as an investment asset, or transaction, bitcoin will be very big effect in the world economy.

With the emergence of Bitcoin and all the over 1,000 cryptocoins, financial transactions are being decentralized on a massive scale. These decentralized transactions have no recourse whatsoever to the US Dollar. This changes the dynamics of international trade, foreign relations, diplomacy, and the impact of economic sanctions.

I think big. For me a lot more people will know Bitcoin and take advantage of bitcoin. As we see the vision of Bitcoin were it up lift people's lives and making a better world. Even though they are hackers out there. I believe in technology of Bitcoin that they are well aware of it and they have a counter measures about it, to not being hacked. What I see for not next 10 years Bitcoin will be more open for alternate payments and would be a lesser fiat for us to carry.

I agree. Bitcoin can contribute a lot to the economy. Bitcoin is a high value currency. After joining Bitcoin, many people's lives change. Many poor people are becoming more and more rich overnight after working with Bitcoin. Bitcoin has many advantages, it is proven. Bitcoin is able to make a nation economically dependent. Bitcoin is a very easy trading system. Bitcoin's popularity is increasing worldwide. Bitcoin is increasingly becoming involved in improving their economic status. Bitcoin will change in future currencies and will contribute much more to the economy.

The technology of blockchain and its aggressive popularization through the rapid growth of prices for crypto-currencies can help the world financial system solve its main problem of shortage of long-term financing and ensure subsequent global economic growth due to the fact that the technology of the blockade is in full compliance with each of the four principles, formulated by G20.

Bitcoin can actually improve the economy of different countries who are using it just like what japan is using today in order to make their own people living in a wealthy life and that is the reason why countries should be legalizing cryptocurrency in their area.

2028 is long way to see the future but in next five years bitcoin will have a major role in global economy and most widespread bitcoin dominance country will see boost in their economy as well

The problem is that the rate of growth is likely to decrease sooner or later, and even the fall of the rate may begin. Therefore, it is advisable not to invest the entire amount in one currency, but leave the reserve. If the rate of the selected "coin" will decrease over a long period of time, it will be possible to buy another currency for the reserve.

The technology of blockage allows cooperation of participants who do not trust each other. The active promotion of technology, partly due to the growth of prices for crypto-currencies and the increase in the market capitalization of assets based on crypto-currencies, encourages financial institutions to integrate blockhouses into their business models.

I think by that time Bitcoin create more successful investors using the blockchain technology, more jobs will create and more financial institutions will integrate their business to crypto.

I believe that Bitcoin has a lot to offer to the world, but as they do say, there is no food for a hungry man. So whatever you’re going to achieve from Bitcoin will be based on your hard work and what you have put into it. So for a country to expect to get something from Bitcoin, they should also be ready to contribute to that.

They don’t just say that they accept Bitcoin without contributing to it and be expecting profits to come in from no where lol. So the government should learn to invest on Bitcoin and let citizens participate too. That’s what I have to say, but I stand to becorrected if I’m wrong, cause we are not always right.

we do not need to discuss far in the year 2028. at this time alone many governments from various countries are already considering about crypto and how they can keep running with the tax. if indeed it can finally be realized, then the countries that get taxes from bitcoin would have benefited greatly and could to help the state infrastructure and also for education.

Bitcoin contributes to the world economy through bitcoin have the potential to revolutionize the current economic structure and change how banks and financial institutions operate. Bitcoin is the most popular form of cryptocurrency that enables digital transactions between two parties without the need of an intermediary. Every transaction is digitally recorded in blocks which act like ledgers and once a block is filled a new block is created.

In my own opinion, cryptocurrency will be affecting the economy of a country in a positive way because government can use bitcoins in order to improve the economy of their own country just like what japan is doing today in their own country.

Even though other government of other countries still do not legalize butcoin, still it helps their economic status through the earnings of bitcoiners. They can use the money to establish businesses and help in labor employment etc. In this manner, bitcoin helps our economy indirectly so what if it will be universally recognized, right?

The world economy Bitcoin of the contribution of comprehensive at the rate of increase is. Bitcoin due to the unemployed young women plenty of revenue and they are the country's economy comprehensive at the rate of progress. And the country's economy role.

I think this milestone is quite far and it is hard to predict what will happen with Bitcoin. Maybe it will become the world's currency and it will completely replace the cash in the countries that accept it. Besides, its value will increase and become the leading payment and transaction method

It is true that Bitcoin also need to feel on its system problem where it could solve major and minor problems that blockchain system currently faces. It could be also a time for Bitcoin to excell and to prove it system when it comes the times it's system will be better for transaction, investment and trading for all.

the focus should be on blockchain/cryptocurrency than only on bictcoin. ICOs on blockchain has a diverse role in the world economy. In the next 20 years there wont be any part of the economy where blockchain is not active. out of so much investments I believe some will grow to compete with the likes of google, windows etc. in few years from now.

That's the bright side out from this system the domino effect to the economy, when bitcoiners earned a lot they will find other sources to invest their money they will established business and they will hire people and they will pay taxes as well, so it's a good effect to government and it's economy.

Imagine a scenario where there is less and less need for a bank due to a secure digital asset which can be used to to purchase anything through online transactions. This is where we are headed with the abilities of Bitcoin. Various organizations and service providers are already accepting bitcoin as a means of payment for services while some corporations are also giving staffs the option to be paid salaries in bitcoin.

I believe bitcoin has a big impact in contribution to world economy because of positive way that crypto can give in economy.there's a potencial that the government  can recognize the bitcoin.

Bitcoin contribution to world economy can provide business for businessmen for selling and purchasing of products/goods; Employed and Unemployed can earn extra income for Joining Bounty Campaign like facebook, twitter, telegram, blogging, translation and signature campaign. And also for people who have knowledge in investing to earn profit.

I think it can make a better contribution to the world economy because people like me really help everything I need to buy and pay to make my days complete and I think it can really help me.

Bitcoin is all time great invention in the field of technology and I don’t think so there is anyone who is going to deny this fact. It has produced many new businessmen, many new rich people and so many financially stable families. I am sure we are going to see everyone shifting to bitcoin in the coming decade for making all kinds of major and minor payments. Bitcoin is something really revolutionary.

Bitcoin affect differently on different country economy. Sometime it affect in positive way sometimes it affects in negative way. According to Chinese government bitcoin affect their country economy by affecting their country own currency value in the international market. According to some other countries government bitcoin affects their country economy by affecting their country banking system. In some countries bitcoin help to built their economy strong by reducing unemployment issues in their country. Bitcoin help central African developing country's economy by helping their people in money transaction problems.

It can be said that, in the last five or six decades, there has been no development in the world, and there is no other way in human history. I named this period 'our work' The most notable aspect of this transformation is that at this time the growth has taken place in all those parts of the world, in which the first two centuries of industrial revolution did not touch. So Bitcoin's contribution to the global economy is a lot.

there may be a revolution of cryptocurrency by 2028, until bitcoin becomes a worldwide recognized means of payment that year, and if it happens automatically bitcoin greatly affects the world economy.

The major way bitcoin will be affecting the world's economy by year 2028 is if and when it really gets to achieve its breakthrough over the government's autonomy and giving individuals power over their finance; unregulated! I want to believe there will be a positive side of improved economy.

I am not an expert on economic but i think bitcoin will affecting on world economy. We know few months ago on G20 meeting that member of G20 will meet again to discuss about cryptocurrency regulation, I am believe this meeting held because cryptocurrency affecting on world economy

The only way for Bitcoin to be able to prosper is if government leaders embrace it, which they will never do -- as they want all the power that they can get in their governments.

bitcoin contribution for the world economy will be huge bitcoin and blockchain will contribute new internet world revolutionary technology the way world communicate and respond each other

Well I thibk for now the contribution of Bitcoin to the world and to the people is very little since it was not accepted generally by most of the people today and be used as daily basis platform for making transactions and I guess this is the reason why most of the people doesn't really see the essence of this platform for now but I think it will br progressive as time goes by.

For now the ability of this community to be effective economically speaking is somehow a little to be considered since it focuses generally on how this community may help each individual to attain profit and the exchange service as well, like there is no centre of power that will act as the boundary for the two beneficial aspect could meet and I guess this is the good thing in Bitcoin.

Indeed, Bitcoin might be the future way of payment in the future. It is truly a process of exchange wherein the government can not penetrate.

However, I believe Bitcoin will have a big impact in the economy of the world. It involves the transaction of different kinds of money which make the values to circulate. Moreover, Bitcoin makes jobs for a particular person and help to decrease unemployment in the society.

So, both Bitcoin and the Government will have a major part in developing the world. :D

Since bitcoin is a cryptocurrency it contributed to the economic landscape to change drastically. People have become more reliant on online transactions as a more convenient means to pay for products and services. Though the alarming amount of price volatility left regular financial-market participants wary due to its potential risks.

Bitcoin has highly contributed to the worlds economy.This is because most people and persons in the world today has equip themselves with bitcoin investment which has now create other investment avenues for people in various economy in the world which has improve their lives and investment.

Until now it been an easy scoff at the cryptocurrency boom, or ignore it if you weren't interested, But as the rally has spread from bitcoin to other coins from those other coins to companies touting links to cryptocurrencies and potentially soon those companies bidding for resources in the real economy we're going to see cryptocurrencies impact the real economy.

Right now, bitcoin is not that much famous and that not so many people have started accepting bitcoin and that because of which, there is no such major contribution of the bitcoin in making this world economy better. However, at time when more people will start investing their money into it and that the governments will declare them as legal currencies, then we will see a major impact of the bitcoin in improving the world economy.

Bitcoin goes there to expand its economy and develop in every corner of the world. It is important that countries that do not recognize it in the market have many reasons over time. And now it has boosted the economy of a number of countries and especially the hard-hitting ones who have found their own opportunities for good returns.

a transparent blockchain system makes a lot of people interested in getting involved, it's a technology that's still going to be perfect when it's developed positively, crypto currency circulation is sweetening because of the large volume level

bitcoin makes an active and regular contribution to all levels of society without exception and lots of people no need to worry about the authenticity of their personal data that chooses anonymity in the internet business.

Blocking technology in the union with the development of crypto-currency on their basis have a huge potential for development and influence on the world economy. Creation of a new national crypto currency within a single country will give the state an additional 3% of GDP growth. This figure is achieved through new transactions with lower interest rates

My positive forecast is this: ordinary people began to use cryptocurrency in normal life. Bitcoin - at the level with other payment currencies. Governments began to transfer the national currency to the digital one. Buyers became protected due to transparency of transactions. Bitcoin has helped consumers save huge amounts on commissions for international transfers. People are good, and therefore the world economy, too.

buying and selling of shares has existed since tens of decades ago, many of the effects felt in the business in the development of the world economy, I think bitcoin will also be like stocks that can make a country's economy progress,

Bitcoin will be a major player in world economy, possibly be used in part for international trade. International remittance will more likely be in bitcoins/cryptos.as an example

The volatility problem is likely to be corrected as more persons begin using bitcoin as a means of payment. Adoption will be explosive someday.

If bitcoin can really help the the jobless people ,earn for their every day living, then bitcoin is just like helping and contributing to the world economy , because people without work can contribute and help worsen the economy , with the help of bitcoin it might contribute to the success of the economy.

Bitcoin can become a great lifeline for the global economy if it is allowed to develop normally. Now development is hampered from all sides, primarily by politicians and large businesses.

One of the contributions of bitcoin in the world economy is that has steadily worked its way towards dominating every aspect of the online community. The consumers now a days have become more reliant on online transactions as a more convenient means to pay for products and services. What’s more, a lot of people that are already managing their own bitcoin wallets have full confidence that their virtual cash enjoys the same level of security as real money.

I think Bitcoins will have a good impact in a world economy because it is one types of currency & every currency helps the economy.    I believe all who believe in bitcoin will become more rich in the future and by this they can spend more money now that will go directly to boost one economy. People will enjoy this great opportunity for sure.

in my opinion it can happen when the conditions of bitcoin prices can be stable and do not make price movements very quickly because when that happens it will be very terrible and make many people suffer losses.

Bitcoin triggered a revolution in the money market and reshuffled the existing financial order! Let people have more ways to invest and reduce people's dependence on banks!
Many BTC exchanges have increased local taxes, and many countries have begun to research and develop blockchain technology. Recruiting blockchain talents has promoted employment to some extent!

A decade from now, Bitcoin may or may not have an impact to the world economy by then. If ever bitcoin will impact the economy by 2028, I can't ensure that it will be a positive one. Bitcoin's full history is not that disclosed to the masses, thus, having it as a public currency has a lot of unknown impacts based on the knowledge acquired by now. Many issues regarding bitcoin are slowly emerging. This may create conflicts or also may create positive impacts. Whatever its effects, we always hope that it would be a positive one so that we can know that the world is developing because of it.

Well I don’t think this problem could be solved. Rather I even don’t consider it as problem though. The reason is, bitcoin has all such gorgeousness and beauty and fame due to this fluctuation. This volatility gives it more value and popularity. Otherwise it would become same as other source of income that aren’t that much attractive as bitcoin.

of course it will have a good effect if an organization aims to make the economic contribution of the world better. but so far, people who hold bitcoin are currently more focused on contributing in the economic field, compared to other things.

I think bitcoin and altcoin have lot of contribution to the world. Specifically conceived in economics. World crypto has helped many people in obtaining a better life, many of which earn additional income, like investing, mining, trading even by doing bounty campaigns. And in the wider world side crypto has been helped thousands of developers in developing their products. and many more other contribution.

Bitcoin is an electronic asset or a digital currency which can be operated world wide for the benefit of the global community The introduction of bitcoin is a revolution to the global economy which supersedes the entire economical concepts of the world and it is the greatest findings of the century..The bitcoin originators intention is to provide the economy related services to the global community ad it has  attracted confidence of the global investors which has a strong net work systems and its contribution to the world economy is very attractive.

The people who can hold their bitcoins until will really make huge profits if the bitcoin stays at that time,bitcoin maybe adopted by the more people so the cap value maybe in trillion which is a considerable amount in the world economy.It maybe creates new business ideas which can avoid the unemployment at some extent.

Being an unregulated currency that is based solely on data, bitcoin enables unbridled access to a secure credit system. Considering that it is stable (for now, at least), it will continue to bridge people who are isolated with global merchants. This will certainly open up new markets and opportunities that will further influence economic growth. In addition to that, bitcoin does not have to require exorbitant transaction fees and withholding taxes, which is what makes it so attractive in the first place.

Also, For economies that depend heavily on its overseas workforce, remittances are what drives growth.At present, money transfers are facilitated by banks that charge extra in processing and transaction fees. Aside from that, transaction time is relatively slow and it would take seven days at the latest before the receiving party can access the funds. With bitcoin, on the other hand, people can get around these caveats and get more from their money than what traditional wire transfers entail. What’s more, currency conversions through such transfers are costly, whereas bitcoin conversions are much simpler and do not entail any such costs whatsoever. From this, we can only expect overseas workers to depend heavily on bitcoin as a more convenient and less costly means to send money to their loved ones.

In the developing world only those with an entrepreneurial spirit will profit the most from bitcoin and the blockchain applications in general.  However, the vast majority just need a quick way to move their money and receive remittances from abroad if they’re lucky, which they can already do with their mobile phones.  As for the rest of us, bitcoin and its many spin-offs are changing everything from privacy and more control over our banking to boundless applications for governments to deliver goods and services.  Though we’ll need till 2028 to see this last part happen.

In my opinion. Bitcoin no have effect in world economy,because world economy have fiat for payment. Like dollar, yen, euro, etc. If bitcoin can be legal in all of the world, i think bitcoin can be effect to world economy because bitcoin can be payment for buying something.

yes right, I also think it is impossible for the closest year to come because bitcoin is not a real value currency for the world economy. where the value and price of bitcoin itself which rise and fall are unpredictable, causing an impact that is difficult for the community to accept. but it could happen in the next few decades when the price of bitcoin can be said to be stable.

Seeing the development of bitcoin from time to time throughout the world, it seems that the existence of this crypto currency will greatly affect the world economy. Bitcoin will become a world currency that has very high value and makes people try to get it, both as a tool that they will use to buy and sell or for investment. In 2028, it looks like this crypto currency will become an economic mecca. The size of the value, will be determined by this crypto currency. So we all welcome the presence of crypto currencies.

Bitcoin will benefit greatly once it become a main stream currency or be use as payment for e-commerce or local businesses but even if it doesn't it can still benefit the world economy through conversion of fiat to crypto currency. Of course when large amount of crypto is cash out by whales they need to convert to fiat currency in order to use it and spend it.

I can't see the future of bitcoin in 2028 but I am positive about the journey of bitcoin since there are regulations come with it. Though right now, we can see how does the market bleed and many people are sayin that bitcoin as well as Cryptocurrency will die. However, that is just a speculation because crypto falls down but in case that the 20K dollars of bitcoin will break, the future will belong in cryptocurrency.

     Bitcoin has gained a place in the mind of the whole global system even though Bitcoin is not a physical currency people all over the world have embraced it as currency .Even though we can purchase goods and services online with Cryptocurrency  and  even it is not a financial transaction people like to accept Bitcoin as currency that can be used globally this unregulated currency that is based on data, Bitcoin enables to secure credit system so this will help to open new markets and the opportunity will influence economic growth .

Improvement and further development of bitcoin isn't in the hands of any legislature and that is truly what makes everything extraordinary. Legislatures of a few nations have attempted all their best, yet we are discussing something that worldwide, spreading like an infection and we as a whole know how it is difficult to contain an infection spread on a huge scale.

This is a decent infection for the majority and a terrible one for the legislature, yet it is something that can't without much of a stretch be controlled which is the reason it would take an enormous and hard trick to be pulled by the administration to break the network bond. Incidentally, you think they have not been attempting their best to perceive how it can be halted yet not only ready to concoct something. Perhaps they are sitting tight for the times of super PCs however, yet I am certain even the devs would have thought of super PC agreeable plans to make the security of the blockchain innovation significantly more grounded.

That is quite a long time interval to predict. If crypto grows with the same pace till then, it will be number one currency for sure.

It should be the most commonly used currency by then. Will benefit the weaker sections as well as governments will earn from tax submitted by BTC investors.

Bitcoin contributes to the economy considerably thanks to the bitcoin that makes the dollar somewhat less competitive, and more bitcoin deals give us more convenience in transaction costs.

I agree, that bitcoin has a great contribution of improving the economy because it gives an opportunity to all people who are interested with cryptocurrency.
Actually, bitcoin is really a good source of income.

even though we can buy goods and services online with Cryptocurrency and even it's not financial transactions people like to accept Bitcoin as a currency that can be used globally. Unregulated currencies based on data, Bitcoin allows to secure the credit system so this will help to open new markets and opportunities will affect economic growth.

For me, what I really like about it is that It offers a way to send money across countries without worrying about changing the currencies and paying the sending fee.
The transaction is also fast and secured that make us feel comfortable and confident about our money.

More bitcoins will be mined and the turnover will also be even more.Bitcoin itself will be at the head of the world economy by that time.Bitcoin is a completely different approach to values.I think the one who will use bitcoin and the technology behind it will become financially independent.by 2028, we will see a very different economy.

In my opinion, upon the intervention of government regulations and the reduction in the activity of whales, we might be able to have an economy that will be progressive but the nature has always been very dynamic and there are many factors that determine the growth of an economy.

Besides, it will greatly reduce the involuntary unemployment which will lead the unemployed to earn easy money, thus an inflow into the economy which is always a credit item.

In 2028 there must be big difference because as you can see at present, money transfers are facilitated by banks that charge extra in processing and transaction fees. Aside from that, transaction time is relatively slow and it would take seven days at the latest before the receiving party can access the funds. With bitcoin, on the other hand, people can get around these caveats and get more from their money than what traditional wire transfers entail. What’s more, currency conversions through such transfers are costly, whereas bitcoin conversions are much simpler and do not entail any such costs whatsoever.

But to me I think that it is still very early to say anything about it, I think that still most of the people do not have any idea about bitcoin and even in most of the countries people have no contribution toward bitcoin, therefore I think that it will take some more time when it will start effecting and contributing in our economy.

I can't imagine how far this revolution is by 2028...Time Draper said he things that already in a few years people will laugh at you if you want to buy your Starbucks with hard cash..he knows what he is talking about...what could be possible in one decade?

I think this is too far to discuss since were 10 years to go from that period and as to predict what would bitcoin contributes to 2028 is irrelevant so far

But let me give my wildest and imagination towards that year,bitcoin and all cryptocurrency are volatile to the extent that wd cant hold the amount for long,so the thing is this may give a big help for the worldwide economy,or the other way around and that is will bring the economy down

Bitcoin have a contribution to the economy of any country that has a user that accessed it. And if the bitcoin will be  centralized it will have a bigger contribution because government now can now have access to it and can monitor it. By 2028 this can not possibly not happen.

In 2028 i think more and more or even Bitcoin has become stable enough to be adopted by entrepreneurs so more and more people are using crypto currencies by then. It would revolutionize the way we pay goods and servixes by streamlinig it across the the globe

Hopefully it will revolutionize the world. To the investors also have the opportunity to expect from it. Hopefully there will be something new for the market.

For me Yes. Bitcoin can affect tge world economy because bitcoin has a possibility to make a big impact of change in every aspects of economy and when bitcoin will already be the currency of the world i can say that bitcoin will change all of that it affects economy through the flow of budgets in able to produce products and also getting a raw materials also in agricultural aspects to the thing they are used for supplication.

Bitcoin is becoming more and more popular and more effective in life and its applications are highly appreciated. Applications from the Blockchain technology are also quite popular and that is helping the cryptocurrency market get closer to life.

Bitcoim has a bigrole now in the whole world not only in one economy but also to the people who was using it. As. We see, people are very into it now as it gives high profit and have a high value in the market.. Yes even it was not a physical currency but in fact that it can be converted to it, thats get the attention of the people because we all now that financial problem was one of the biggest problem of people.