Title: How is Bitcoin changing the economy? Post by: Cipherpz on September 01, 2025, 01:04:14 AM Bitcoin is not just a technology, it is also questioning the very structure of the economy. It will shape the global economy in the coming decades in a way that is unimaginable to us now. Bitcoin has created a completely new type of asset class, offering people an alternative to the stock market and real estate. In countries where inflation is still rampant, such as Venezuela or Argentina, Bitcoin has already established itself as an alternative currency for people.
Moreover, Bitcoin is not controlled by any state, government or central bank, so it is challenging the concentration of economic power. Every transaction is transparent and verifiable due to the Bitcoin blockchain. Transaction costs and transparency In every era of the history of the world economy, there are moments that change the way people use money. So that traders who do not trade online for fear of online fraud can be sure that they will not be a victim of fraud because the Bitcoin network makes it very difficult to reverse transactions. Where the banking system takes days for an international transaction, Bitcoin crosses borders in minutes. It is as scarce as gold, but more convenient because it is easily tradable and has the same value worldwide. Around 1.7 billion people around the world are still unbanked. Bitcoin gives them direct economic participation through the internet. Bitcoin can basically be compared to a kind of global ledger. Many people in the world live without banks. Paper notes, the spread of the gold standard banking system—these were each an important chapter. And now Bitcoin is writing that new chapter. Many central banks are inspired to create their own CBDCs by seeing the current technology of Bitcoin—blockchain, cryptography, and the transparency of digital transactions. It is assumed that most central banks will launch their own CBDCs in the future. However, they will be inspired by Bitcoin's technology, but not as independent and decentralized as Bitcoin. Bitcoin can be effective against inflation in the long term, especially where fiat currency is weak or inflation is very high. Also, anyone with an internet connection can join the Bitcoin network. With Bitcoin, people can send money without banks or intermediaries. People can use money directly with each other. Both small and large investors can invest in it. It makes transactions faster and costs less. By using Bitcoin, they can participate in digital economic activities. Bitcoin offers value preservation, fast transactions, financial inclusion, and new investment opportunities—all together, which makes the economy more innovative and strong. Title: Re: How is Bitcoin changing the economy? Post by: milera8616 on September 05, 2025, 07:50:56 AM Bitcoin is redefining global finance—challenging centralized systems, enabling financial inclusion, and offering a decentralized alternative to traditional assets. Its transparency, speed, and accessibility make it a powerful tool for economic empowerment, especially in inflation-hit regions. A true paradigm shift in how we think about money. aessuccess org (https://www.aes-success.com)
Best Regards, Milera Henry Title: Re: How is Bitcoin changing the economy? Post by: Cryptohygenic on September 05, 2025, 03:52:41 PM Bitcoin has created a completely new type of asset class, offering people an alternative to the stock market and real estate. In countries where inflation is still rampant, such as Venezuela or Argentina, Bitcoin has already established itself as an alternative currency for people. All you said is being true, bitcoin and it technology with the potential of store of values where users can actually hold their money to defeat inflation of the economy in the long time while it multiplies it values has really been a game changer in the aspect of holding valuable assets which is opposite to the traditional currencies which degrades overtimes as inflation emerges timelessly. Quote Moreover, Bitcoin is not controlled by any state, government or central bank, so it is challenging the concentration of economic power. Every transaction is transparent and verifiable due to the Bitcoin blockchain. Transaction costs and transparency In every era of the history of the world economy, there are moments that change the way people use money. The possession bitcoin has proven so far in the global monetary and economy system. It is indeed an advanced monetary that opposes the concept of centralizations and employing it technology to digital currency unlike the cash while it potential of volatilities has gain more attractions for individuals to stack their funds for the long term and actualizes fortunate profits. With more bitcoin use cases that i can not remember to express here, other ways bitcoin has solved the people's monetary transactions is it unified currency that it technology can allow user send money across borders with very low fees in rapid response while users are custody of their privacies and securities affairs unlike the traditional system where you don't have right over your privacy. Edit: Less I forgot, bitcoin emerged the economy and monetary evolution with its technologies down there providing it excellent if I would say perfected services Title: Re: How is Bitcoin changing the economy? Post by: Youngrebel on September 05, 2025, 05:06:49 PM Bitcoin is for everyone and also making the poor to become financial freedom if they invest in it but the inequality in the individual economic structure is still remains the same. The rich are buying millions or billions at a time while the poor buys with a thousand (s). Bitcoin has the store of value because the demand is high and anyone that purchase a potion would like to hold it and not to release it at once and that another cause of that making the asset more valuable.
Best Time To invest. And if anyone is interested to invest, this is the best time to key into the new trend. And let the person Keep it for like 5 to 10 years minimum. Though there some misconceptions that bitcoin will remove inflation but I don't think so because those who sell things will still increase to make profit. And I don't think bitcoin will reshape the world economy as someone has said in this thread. Title: Re: How is Bitcoin changing the economy? Post by: Davidvictorson on September 05, 2025, 05:34:23 PM Bitcoin is changing the economy in different ways. Let me tell how bitcoin is changing my own economy. Mostly because the younger working class people are the one who use bitcoin, in a way bitcoin has allowed for more money to be in circulation in the country. Younger folks do jobs and prefer to earn in bitcoin which they would later convert to our local fiat and spend it on stuff in the marketplace and other places. This one goes back into the economy and more money goes into circulation. This more money in circulation helps the economy because it increases spending, production, and investment.
Title: Re: How is Bitcoin changing the economy? Post by: iBaba on September 05, 2025, 08:28:30 PM Best Time To invest. And if anyone is interested to invest, this is the best time to key into the new trend. And let the person Keep it for like 5 to 10 years minimum. Though there some misconceptions that bitcoin will remove inflation but I don't think so because those who sell things will still increase to make profit. And I don't think bitcoin will reshape the world economy as someone has said in this thread. Yeah. So, like the popular goes, the best time to invest is now. reason why it is said this way is because investing in bitcoin is often viewed as a difficult decision to make by many people especially the newbies who just started and most of which ends in procrastination. So in context of these reasons, it is best to say that the best time to invest in bitcoin is now, however little you can afford, the little steps in the start could be the most difficult and regrettable moments to recount, if the decision isn't taken. If not for that reason, I can personally say that there are more better times to invest in bitcoin which is during bear seasons when the digital assets are down, by then when you invest, you are expected to be at advantage but again this is reason why the DCA approach is the best. It gives you the opportunity to begin with the little you can afford at any given value of the coin, then begin to build your portfolio gradually over time, during this course, you can increase your investments when it's bearish and reduce your investment capitals when it's bullish. But for me, the the minimum years one should tag as his investment maturity age should be from 8 years and above, not even 5 years in my humble opinion. Bitcoin is changing the economy in different ways. Let me tell how bitcoin is changing my own economy. Mostly because the younger working class people are the one who use bitcoin, in a way bitcoin has allowed for more money to be in circulation in the country. Younger folks do jobs and prefer to earn in bitcoin which they would later convert to our local fiat and spend it on stuff in the marketplace and other places. This one goes back into the economy and more money goes into circulation. This more money in circulation helps the economy because it increases spending, production, and investment. The bitcoin technology is generally more friendly to the younger generation than the older ones or even middle age, only that the younger generations are not yet experienced enough to reinvest what they make from using bitcoin. Bitcoin is indeed going to change the economy in different ways but is specially for countries or governments who are tapping from those opportunities available to us through bitcoin and not countries like my own that is against the use of bitcoin and see it as a threat instead of otherwise, to the economy. Title: Re: How is Bitcoin changing the economy? Post by: Zoomic on September 05, 2025, 08:42:01 PM Bitcoin is not changing my country's economy. It is not helping to strengthen the power of my country's fiat.
It is not helping the government of my country, that is why they hate it. Rather, bitcoin is changing the life of the individuals that embraced it and that is why I endorse it as the coin of the people. Anyone who loves freedom or liberty should embrace bitcoin and not wait for the government to do it for the sake of the whole economy. Title: Re: How is Bitcoin changing the economy? Post by: Stepstowealth on September 05, 2025, 09:16:43 PM Bitcoin is changing the economy in different ways. Let me tell how bitcoin is changing my own economy. To state my own observation, I say that the technology of bitcoin has improved financial awareness among people in a country and has increased the opportunity they have to invest even from a young age and from the little they have. You now find more people within the economy working hard to ensure they have a viable source of income from where they can invest from, in a way indirectly contributing to the economy. Many people would have been discouraged with the idea of working hard if there was no hope to invest even from the little that they earn. Title: Re: How is Bitcoin changing the economy? Post by: Josefjix on September 05, 2025, 11:32:04 PM Bitcoin is not changing my country's economy. It is not helping to strengthen the power of my country's fiat. Bitcoin wasn't created to solve the economy of any country, was absolutely created to solve monetary issues and render service outside the authorization of higher builders.It is not helping the government of my country, that is why they hate it. Rather, bitcoin is changing the life of the individuals that embraced it and that is why I endorse it as the coin of the people. It's operating on it own without the help of any institutions, all these threatening them to stop it but no way, where exactly did government wants to torture to collapse the use of Bitcoin, no way.Anyone who loves freedom or liberty should embrace bitcoin and not wait for the government to do it for the sake of the whole economy. Some people listens to the government more than themselves, while government never care about the situation of her citizen.Title: Re: How is Bitcoin changing the economy? Post by: Distinctin on September 05, 2025, 11:47:22 PM Bitcoin is changing the economy in different ways. Let me tell how bitcoin is changing my own economy. Mostly because the younger working class people are the one who use bitcoin, in a way bitcoin has allowed for more money to be in circulation in the country. Younger folks do jobs and prefer to earn in bitcoin which they would later convert to our local fiat and spend it on stuff in the marketplace and other places. This one goes back into the economy and more money goes into circulation. This more money in circulation helps the economy because it increases spending, production, and investment. The more bitcoin a person earns, the bigger the amount they will convert to fiat. That’s because people invest in bitcoin, or accept bitcoin as a compensation so that they can make maximum conversion once it’s converted to fiat. Where there is bitcoin, that’s where higher amount of fiat is. And once all that fiat is used up, the country’s economy will also benefit.In reality, bitcoin is a big asset to a positive economy. It’s just that the government finds it hard to admit it as they want to keep boosting their own fiat. Title: Re: How is Bitcoin changing the economy? Post by: Samlucky O on September 06, 2025, 01:51:06 AM Bitcoin is changing the economy in different ways. Let me tell how bitcoin is changing my own economy. Mostly because the younger working class people are the one who use bitcoin, in a way bitcoin has allowed for more money to be in circulation in the country. Younger folks do jobs and prefer to earn in bitcoin which they would later convert to our local fiat and spend it on stuff in the marketplace and other places. This one goes back into the economy and more money goes into circulation. This more money in circulation helps the economy because it increases spending, production, and investment. Yes I agree with you, and apart from that, most people are able to create employment opportunities for others by working and earning in Bitcoin. Let's say a person who does online job and earn in Bitcoin my have an establishment that someone will manage, and from there such person will receive salary from it. From hence it has created employment opportunity for such person and indirectly reduce unemployment rate. Let take myself as a case study from the business I have been able to do with my weekly Bitcoin payment, I am able to establish a small business that someone is earning from it. So how can we not say Bitcoin is changing the economy.Title: Re: How is Bitcoin changing the economy? Post by: Swordsoffreedom on September 06, 2025, 03:25:20 AM Bitcoin is not changing my country's economy. It is not helping to strengthen the power of my country's fiat. It is not helping the government of my country, that is why they hate it. Governments don't hate bitcoin just because it doesn't help them change their economies or help them strengthen fiat currencies. Because bitcoin is not capable of doing that and it was not created to do that. The government doesn't like it because they can't control it. Rather, bitcoin is changing the life of the individuals that embraced it and that is why I endorse it as the coin of the people. Anyone who loves freedom or liberty should embrace bitcoin and not wait for the government to do it for the sake of the whole economy. Bitcoin can only change the lives of those who know how to use and invest properly, it cannot help all those who invest in it. Not everyone changes their life in a positive way when investing in bitcoin, many people have changed their life thanks to investing in bitcoin but many people have suffered losses, even bankruptcy because of investing in bitcoin the wrong way. Title: Re: How is Bitcoin changing the economy? Post by: GeorgeJohn on September 06, 2025, 10:03:15 AM Bitcoin doesn't changed any economy of any country, because theirs no country that their sources of economy is Bitcoin, so each country have what that trigger for economy increase, but is not a bitcoin, when we say bitcoin can be used as a source of economics reserve of a country I will agree with everyone who says so, but outlined that bitcoin can change the economy, it doesn't have cognitive fact to be believe, because different countries have what they invest on, as economy reserves that will render help for their economy boasts up
Title: Re: How is Bitcoin changing the economy? Post by: 348Judah on September 06, 2025, 10:30:35 AM Bitcoin is not just a technology, it is also questioning the very structure of the economy. It will shape the global economy in the coming decades in a way that is unimaginable to us now. Bitcoin has created a completely new type of asset class, offering people an alternative to the stock market and real estate. In countries where inflation is still rampant, such as Venezuela or Argentina, Bitcoin has already established itself as an alternative currency for people. If we are to start by talking more about the relevance of bitcoin in the economy, then we are not going to end it, because it has rendered lots of opportunities to the economy and granted the financial freedom we couldn't have achieved in fiat economy, its decentralization benefit is also what to talk more about, because it creates the avenue of allowing for everything to be in place while we make use of the bitcoin currency for our own benefits depending on where we wanted it to be applicable. Title: Re: How is Bitcoin changing the economy? Post by: joniboini on September 06, 2025, 11:05:19 AM Not everyone changes their life in a positive way when investing in bitcoin, many people have changed their life thanks to investing in bitcoin but many people have suffered losses, even bankruptcy because of investing in bitcoin the wrong way. I think it's more interesting to talk about the wrong way to invest in Bitcoin (although it has been discussed many times, too). It's very easy to say that buying Bitcoin means you'll increase or preserve your wealth in the long term, but how should they go about it? Most people talk about DCA, but not everyone has the patience to do it, which is a shame.Bitcoin is not changing my country's economy. It is not helping to strengthen the power of my country's fiat. That's such a strange reason to hate something. Does it mean they also hate USD and gold because they don't directly strengthen your country's financial status?It is not helping the government of my country, that is why they hate it. Title: Re: How is Bitcoin changing the economy? Post by: AprilioMP on September 06, 2025, 11:16:11 AM For me personally, Bitcoin has helped me in my daily life, even though I'm not a typical worker because I'm still focused on my studies.
I say this because, globally, Bitcoin's ability to bring about changes in the economic system has been explained by others here. Although I can't use Bitcoin as a means of payment in my daily life, the Bitcoin I currently use helps me accomplish some of the things I need. Greater change begins with what is directly felt by individuals. Title: Re: How is Bitcoin changing the economy? Post by: Iranus on September 06, 2025, 01:09:55 PM ...—all together, which makes the economy more innovative and strong. El Salvador is a country that has adopted bitcoin across its entire economy, not only investing in it but making it a legal tender. But after 4 years, let's see how their economy is. Their economy is on the brink of default and has to seek help from the IMF. It can be seen that bitcoin cannot help or change the economy of any country, let alone the global economy. Bitcoin is just a currency, an investment asset, and it may be useful for an individual or company's economy, but it does not help the national or world economy. The national and global economy is much more complex and requires many more factors to change, we cannot rely on bitcoin or any single tool alone to change. Title: Re: How is Bitcoin changing the economy? Post by: dzungmobile on September 06, 2025, 01:28:51 PM El Salvador is a country that has adopted bitcoin across its entire economy, not only investing in it but making it a legal tender. But after 4 years, let's see how their economy is. Their economy is on the brink of default and has to seek help from the IMF. Their country has many nation-wide systematic problems so Bitcoin can not fix all such systematic problems and help El Salvador become richer, safer or whatever better aspects. Nayib Bukele actually has governed and led El Salvador to a good direction and this country has been changing positively but it comes from combined initiatives, not solely from Bitcoin. Their economy can not be improved only by their national investment in Bitcoin or legal regulations like Bitcoin legal tender.Quote Bitcoin is just a currency, an investment asset, and it may be useful for an individual or company's economy, but it does not help the national or world economy. El Salvador has tried to build up things around Bitcoin after realizing Bitcoin potential and knows that if they succeed to make their country as a heaven or at least one of most favorite destination country for Bitcoin users, investors and companies, their economy will get benefit from it.Title: Re: How is Bitcoin changing the economy? Post by: Oshio-man on September 06, 2025, 01:36:30 PM Bitcoin is opening institutions, government and individuals eyes to see opportunity in the knowledge of bitcoin, you can do without saving huge amount of funds in the bank these days and you will not have plenty enemies around you, but when you save your funds in the bank there will be plenty enemies that will be monitoring your transactions in and out of your funds because you are dealing with centralized asset that is control by government officials, people are no longer spending their funds any how since bitcoin were created because they have invested in bitcoin and hold for long term to embraced good results that will make them not to touch their bitcoin in the bearish season until they are very sure about the bullish season before they can trade to earn huge income that will increase their wealth, some government has made bitcoin legal tender for people to grow their businesses and to enjoy good economy.
Title: Re: How is Bitcoin changing the economy? Post by: bitbollo on September 06, 2025, 01:46:38 PM I think that one of the most "devastiting" single effect has not yet been seen or has just been undervalued by many.
If the bitcoin economy growth faster than fiat economy, it would be convenient - store bitcoin and not FIAT. For the "salary man" it would be more convenient to work into this industry because it's "faster" than the fiat economy. Not only more people would leave their jobs or they can just say "no". But also some others would decide to join the new economy. I don't know what it could be the speed for that process, but it's similar to theories of "not efficiency" of a State. Title: Re: How is Bitcoin changing the economy? Post by: Cipherpz on September 06, 2025, 02:36:40 PM Bitcoin is not changing my country's economy. It is not helping to strengthen the power of my country's fiat. It is not helping the government of my country, that is why they hate it. Governments don't hate bitcoin just because it doesn't help them change their economies or help them strengthen fiat currencies. Because bitcoin is not capable of doing that and it was not created to do that. The government doesn't like it because they can't control it. Rather, bitcoin is changing the life of the individuals that embraced it and that is why I endorse it as the coin of the people. Anyone who loves freedom or liberty should embrace bitcoin and not wait for the government to do it for the sake of the whole economy. Bitcoin can only change the lives of those who know how to use and invest properly, it cannot help all those who invest in it. Not everyone changes their life in a positive way when investing in bitcoin, many people have changed their life thanks to investing in bitcoin but many people have suffered losses, even bankruptcy because of investing in bitcoin the wrong way. Bitcoin investment is a successful investment as a way to escape inflation. Significant profits can be achieved by buying at a low price and holding it for a long time. However, due to lack of proper market analysis, risk-taking mentality, those who do not understand market fluctuations, suddenly get scared and sell at a low price, and later buy it again at a high price. This causes losses. On the other hand, those who have regularly and patiently saved Bitcoin have often become financially strong in the long run and have received significant appreciation. Therefore, Bitcoin is not for everyone. It is for those who learn, understand and can invest with a long-term perspective. Those who have investment knowledge, patience and the right strategy have benefited in the long run. But those who have invested suddenly out of greed, bought and sold at the wrong time, or with excessive risk have often faced losses. Title: Re: How is Bitcoin changing the economy? Post by: ndutndut on September 06, 2025, 03:29:12 PM For me personally, Bitcoin has helped me in my daily life, even though I'm not a typical worker because I'm still focused on my studies. From this we can conclude that Bitcoin can change an individual's economic status when they begin to take risks and continue investing in it. Bitcoin hasn't yet been able to transform a country's economy, especially since many countries haven't yet legalized it. This is also true when discussing Bitcoin's impact on the global economy.I say this because, globally, Bitcoin's ability to bring about changes in the economic system has been explained by others here. Although I can't use Bitcoin as a means of payment in my daily life, the Bitcoin I currently use helps me accomplish some of the things I need. Greater change begins with what is directly felt by individuals. But I believe Bitcoin can in the future. Moreover Bitcoin as we all know challenges the banking system and offers new investment opportunities. This is why Bitcoin has been criticized by countries and traditional financial institutions. However, this issue is slowly being accepted due to Bitcoin's rapid growth. Therefore, I believe Bitcoin's role in the global economy will continue to grow in the future, both as a store of value, a medium of exchange, and an investment asset. In fact Bitcoin is currently shaping the financial system in ways unimaginable since its inception. Title: Re: How is Bitcoin changing the economy? Post by: AVE5 on September 06, 2025, 04:03:34 PM Bitcoin is not changing my country's economy. It is not helping to strengthen the power of my country's fiat. It is not helping the government of my country, that is why they hate it. Rather, bitcoin is changing the life of the individuals that embraced it and that is why I endorse it as the coin of the people. Anyone who loves freedom or liberty should embrace bitcoin and not wait for the government to do it for the sake of the whole economy. Not really as though, bitcoin can actually enhance a countries economy growth but not directly going to affect the cost of goods and services neither would it bring an end to inflation. But understanding the faith of the masses if every if not most individuals are becomed financially independent via their adoption of investing in bitcoin and same time the government of the country (s) haven adopted bitcoin for federal reserve can go a long way to say bitcoin has the potential to change the economy. Maybe if the government's and every other sole persons in a specific nation hasn't benefited from bitcoin to see it performance in the nature in the local or international economy doesn't mean bitcoin can't change the economy. The effect may only evolve or feasible on countries with dominance adoption of individuals. Title: Re: How is Bitcoin changing the economy? Post by: Zigabel on September 06, 2025, 05:37:16 PM By using Bitcoin, they can participate in digital economic activities. Bitcoin offers value preservation, fast transactions, financial inclusion, and new investment opportunities—all together, which makes the economy more innovative and strong. the fact that bitcoin did not just stop making transactions seamless but also doubles as a store of value is another innovation from it that has changed the game in the economic trajectory globally and with times there is actual more that can be done with Bitcoin due to the continues evolution we continue to see and observe around it and the decentralized nature that gives control to everyone and no one is one top tier innovation that has kept it flying high up there. Title: Re: How is Bitcoin changing the economy? Post by: Alone055 on September 06, 2025, 05:47:33 PM How do any of the things you've mentioned affect the economy of a country in any way? The economy of a country is affected when it deals properly with inflation, and its currency has a stable value and doesn't lose value over time, and Bitcoin, no matter how good and useful it is, won't affect the economy, but it can only help individuals or those who use it have more financial freedom than they had before, or at least become banked if they were unbanked before because the traditional financial system wasn't allowing them to have accounts or make transactions through them.
Bitcoin is a tool that allows individuals or even entities to have decentralised ways of making transactions either within the country or out of it, but that isn't going to have any effect on their economy (the economy of their country). The only way Bitcoin can affect the economy of a country is if they have it as a reserve currency and its price goes up, which will boost the economy because now its treasury will have a higher value. Bitcoin is more about providing financial tools to individuals than it is to do it for countries, also because it has a volatile value, and countries can't easily have it as a reserve because it can lose value as well. Title: Re: How is Bitcoin changing the economy? Post by: Yeesha on September 06, 2025, 05:55:26 PM In my economy the are people who are willing to change by the means of time, so they do not doubt the awareness and introduction of bitcoin. They place their trust in it and also invest in it with a positive mindset and I can assure you now, that they are really enjoying their lives, as part of their world and lives evolved around bitcoin. But still, some people find it very difficult to figure out the important and benefits of bitcoin, despite knowing is existence they still no trust it because of it decentralized nature, not knowing that it decentralized nature is one of the greatest thing that makes bitcoin more suitable to use.
Title: Re: How is Bitcoin changing the economy? Post by: Moreno233 on September 06, 2025, 06:55:27 PM Bitcoin have made so many young people rich in my country, most of them are self employed and doing very well. There was argument that between our government and cryptocurrency, which have created more jobs than the other, after a long debate, it was concluded that Bitcoin have contributed in bettering the lives of young people than our government. Some students are earning money through cryptocurrency but students are not eligible for employment by our government. This is to say that Bitcoin have impacted so much on the economy of my country.
Title: Re: How is Bitcoin changing the economy? Post by: AprilioMP on September 07, 2025, 03:34:22 PM For me personally, Bitcoin has helped me in my daily life, even though I'm not a typical worker because I'm still focused on my studies. I say this because, globally, Bitcoin's ability to bring about changes in the economic system has been explained by others here. Although I can't use Bitcoin as a means of payment in my daily life, the Bitcoin I currently use helps me accomplish some of the things I need. Greater change begins with what is directly felt by individuals. But I believe Bitcoin can in the future. Moreover Bitcoin as we all know challenges the banking system and offers new investment opportunities. This is why Bitcoin has been criticized by countries and traditional financial institutions. However, this issue is slowly being accepted due to Bitcoin's rapid growth. Therefore, I believe Bitcoin's role in the global economy will continue to grow in the future, both as a store of value, a medium of exchange, and an investment asset. In fact Bitcoin is currently shaping the financial system in ways unimaginable since its inception. Not challenging, but offers a new system that is more relevant until the global financial world opens its eyes and synergizes between the eye and the heart to adopt what is owned by the Bitcoin system. How many years since the first time Bitcoin was published, so far as that until now they have not synergized because a handful of them are still too comfortable with the benefits that are tricked from the banking system which is currently still used. I don't want to be there, because for me Bitcoin has helped me complete the days even at certain times that require the help measured from money, Bitcoin helps me. Title: Re: How is Bitcoin changing the economy? Post by: IjawMan on September 07, 2025, 05:17:14 PM I won't lay emphasis on the macro economy but I'll be using myself as a classic example of how bitcoin has utterly shaped me and my view on investment. Exploring bitcoin has made a personal transformation with my financial habits differently from when I didn't know about bitcoin and now I have a basic idea of it standard on investment. Learning that I can use bitcoin as a tool for investment to achieve financial freedom and better life flipped my narrative, honestly.
Title: Re: How is Bitcoin changing the economy? Post by: Odogwu-Blockchain on September 07, 2025, 05:24:09 PM Bitcoin have made so many young people rich in my country, most of them are self employed and doing very well. There was argument that between our government and cryptocurrency, which have created more jobs than the other, after a long debate, it was concluded that Bitcoin have contributed in bettering the lives of young people than our government. Some students are earning money through cryptocurrency but students are not eligible for employment by our government. This is to say that Bitcoin have impacted so much on the economy of my country. I would say you should generalized it to crypto helping the people of any country than just Bitcoin, if students are earning off the space then it should be through joining airdrops, web3 jobs, online promotional program and others, receiving rewards in crypto because students are meant to not working while Bitcoin needs money to make more money.However, what really makes crypto to be solving the problem of a nation is that, they do not require anyone to submit certificate verification, or any other criteria before obtaining job, it's as simple as joining in through any point and explore. Title: Re: How is Bitcoin changing the economy? Post by: qwertyup23 on September 07, 2025, 05:45:56 PM Bitcoin have made so many young people rich in my country, most of them are self employed and doing very well. There was argument that between our government and cryptocurrency, which have created more jobs than the other, after a long debate, it was concluded that Bitcoin have contributed in bettering the lives of young people than our government. Some students are earning money through cryptocurrency but students are not eligible for employment by our government. This is to say that Bitcoin have impacted so much on the economy of my country. I think this is a far-fetched statement- sure BTC may have created opportunities to some individuals but to claim that it has contributed way more than the government is a stretch. Remember that BTC exists primarily on the internet for its usage (unless you can transact physically via a physical wallet). There may be opportunities that BTC created (e.g. signature campaigns, payment for services, products, etc.) but having a stable job will be your priority. The advent of cryptocurrencies has brought tremendous opportunities for everyone and not just to the rich. It gave us the potential of investing either for short or long-term depending on your goal. Title: Re: How is Bitcoin changing the economy? Post by: Agbe on September 07, 2025, 06:17:48 PM Bitcoin is changing the economy in different ways. Let me tell how bitcoin is changing my own economy. To state my own observation, I say that the technology of bitcoin has improved financial awareness among people in a country and has increased the opportunity they have to invest even from a young age and from the little they have. You now find more people within the economy working hard to ensure they have a viable source of income from where they can invest from, in a way indirectly contributing to the economy. Many people would have been discouraged with the idea of working hard if there was no hope to invest even from the little that they earn. Title: Re: How is Bitcoin changing the economy? Post by: Patikno on September 07, 2025, 06:32:33 PM Bitcoin have made so many young people rich in my country, most of them are self employed and doing very well. There was argument that between our government and cryptocurrency, which have created more jobs than the other, after a long debate, it was concluded that Bitcoin have contributed in bettering the lives of young people than our government. Some students are earning money through cryptocurrency but students are not eligible for employment by our government. This is to say that Bitcoin have impacted so much on the economy of my country. Something similar has happened in my country, where Bitcoin has changed the economies of several individuals, both directly and indirectly. So I also believe that Bitcoin has great potential to contribute, especially to economic change. This also reminds me of the news about a taxi entrepreneur from El Salvador, who achieved economic success by Bitcoin and even succeed to expand his business, proving that he has successfully created opportunities for economic change for other people through Bitcoin, and fortunately for him, the government also supported him at the time, because of adopting Bitcoin as legal tender. I hope this happens in my country, and yours too, so If it does happen, I am sure it will bring about major (positive) economic change. For those of you who have forgotten or have never seen the news that I conveyed, here is one of the sources: Watcher.guru - Bitcoin Turns Taxi Driver Into Entrepreneur (https://watcher.guru/news/bitcoin-turns-taxi-driver-into-entrepreneur-heres-how) Title: Re: How is Bitcoin changing the economy? Post by: BitBakerr1 on September 07, 2025, 07:10:51 PM I won't lay emphasis on the macro economy but I'll be using myself as a classic example of how bitcoin has utterly shaped me and my view on investment. Exploring bitcoin has made a personal transformation with my financial habits differently from when I didn't know about bitcoin and now I have a basic idea of it standard on investment. Learning that I can use bitcoin as a tool for investment to achieve financial freedom and better life flipped my narrative, honestly. Bitcoin investment is a very good investment and anyone that is investing in Bitcoin usually has a different perspective of life, when I started investing in Bitcoin my mentality about finance really changed I was able to know a lot of things for example I know how important a backup funds is in our life, backup funds such as emergency, reserve and float funds, I knew all this things when I started investing in Bitcoin and decided to join this forum, Bitcoin investment is a very good investment and it's very important will always take Bitcoin investment serious.Bitcoin has really changed a lot of people's life and has given a lot of people hope bitcoin investment is an investment that anyone can start and no matter how little your Discretionary income is you can still use it to invest in Bitcoin and before you know it you will grow to a bigger level and your financial status will be changed for good. Title: Re: How is Bitcoin changing the economy? Post by: Donneski on September 07, 2025, 07:31:01 PM In my country, Bitcoin hasn’t really made any direct impact in the government’s economy or fiat system. That’s because the government here is yet to fully adopt it even though they recently legalized crypto operations on paper. Personally, I think our leaders don’t want to lose control over money because the financial system is one of the easiest ways governments keep power.
But here’s the twist, while the government ignores it, individuals here are already feeling the impact in their daily lives. Many people use Bitcoin to protect their savings from inflation, to send and receive money faster, or to create opportunities that the banking system never gave them. I’ve seen people who lost faith in our fiat find confidence again in Bitcoin because it doesn’t discriminate, it’s open to anyone. That’s why I say Bitcoin is truly the people’s coin. It’s not waiting for government approval to work and neither should we. If you really want financial freedom and as well as all the benefits that Bitcoin offers, don’t sit around hoping for when the government adopts it. Go for it yourself because at the end of the day, Bitcoin is already serving those who believe in it. Title: Re: How is Bitcoin changing the economy? Post by: I_Anime on September 07, 2025, 08:50:30 PM Bitcoin is redefining global finance—challenging centralized systems, enabling financial inclusion, and offering a decentralized alternative to traditional assets. Its transparency, speed, and accessibility make it a powerful tool for economic empowerment, especially in inflation-hit regions. A true paradigm shift in how we think about money. Best Regards, Milera Henry One of the good thing about bitcoin ,is that it will continue to grow Aslong is keep getting more adoption over time . Like have a lot of users using it , they are some folk at there would love to go into bitcoin but don’t have the privilege we have to know about something this epic . Many know about bitcoin as decentralized currency but don’t really know the potential in it . That’s why you have to make good use of this privilege by having some portion on bitcoin stash in your wallet for longterm purposes. But I know bitcoin to impact in the economy positively especially when it come to inflation . Title: Re: How is Bitcoin changing the economy? Post by: LDL on September 07, 2025, 10:30:51 PM Bitcoin plays a significant role in changing the economy of a country as well as the economic changes of a family. If I had to say it clearly, I would like to share the story of my family. The number of earning members in my family is very small and everyone is more or less involved in studies and if they are involved in studies, it is usually not possible to be involved in income. But because of my Bitcoin earnings, I am able to support my family as well as those who are studying. Before I got involved in Bitcoin, I had to face a very difficult situation in supporting my family, but now because of my involvement in Bitcoin income, the hardship that I used to face before has become much easier. That is, the economic condition of my family has changed a lot.
Title: Re: How is Bitcoin changing the economy? Post by: sunsilk on September 07, 2025, 10:45:41 PM By using Bitcoin, they can participate in digital economic activities. Bitcoin offers value preservation, fast transactions, financial inclusion, and new investment opportunities—all together, which makes the economy more innovative and strong. If you'd say this around 2017 or whenever the network is in traffic or congested, people will argue to you that their altcoins are far better and faster than Bitcoin. But this argument was done long time ago and we're having no congestion anymore as the network is cheap and have been down to 1 sat per transaction and to include it, it also offers cheap fees. By that fee if converted to dollars, many will say that it's still expensive but they're looking at the dollar value. And we as holders, we know that it's an incentive whenever the fee goes down to 1 sat/vB. Title: Re: How is Bitcoin changing the economy? Post by: Dzwaafu11 on September 07, 2025, 11:18:59 PM Bitcoin is for everyone and also making the poor to become financial freedom if they invest in it but the inequality in the individual economic structure is still remains the same. The rich are buying millions or billions at a time while the poor buys with a thousand (s). Bitcoin has the store of value because the demand is high and anyone that purchase a potion would like to hold it and not to release it at once and that another cause of that making the asset more valuable. Best Time To invest. And if anyone is interested to invest, this is the best time to key into the new trend. And let the person Keep it for like 5 to 10 years minimum. Though there some misconceptions that bitcoin will remove inflation but I don't think so because those who sell things will still increase to make profit. And I don't think bitcoin will reshape the world economy as someone has said in this thread. You are right. To me, I even consider Bitcoin as an investment that someone can do at any time he wishes to do that. Bitcoin investment doesn’t have a specific time before investing in it; even if you have little money and wish to put it in Bitcoin investment, it’s advisable because leaving it in there for a long period of time, it will multiply over time. Furthermore, using the DCA method, you can be investing gradually till it reaches your target and then do the necessary steps to keep it safe because that is what matters a lot in investment. Title: Re: How is Bitcoin changing the economy? Post by: irhact on September 08, 2025, 05:46:09 AM I would say you should generalized it to crypto helping the people of any country than just Bitcoin, if students are earning off the space then it should be through joining airdrops, web3 jobs, online promotional program and others, receiving rewards in crypto because students are meant to not working while Bitcoin needs money to make more money. Why aren't students supposed to not be working, any student that have this mentality is going to suffer. Students need money to have an easy life and most times the parents can't provide everything they have therefore if the student can spare some few hours of his time. They can do some small jobs and make money to help in their education and with learning how to trade or doing other micro tasks in the industry, they can make some money to help throughout their years in school. Bitcoin is changing the economy as it has helped people in giving them money that they can then used in the buying things or investing in the economy. Title: Re: How is Bitcoin changing the economy? Post by: fuguebtc on September 08, 2025, 06:41:44 AM Bitcoin plays a significant role in changing the economy of a country as well as the economic changes of a family. If I had to say it clearly, I would like to share the story of my family. The number of earning members in my family is very small and everyone is more or less involved in studies and if they are involved in studies, it is usually not possible to be involved in income. But because of my Bitcoin earnings, I am able to support my family as well as those who are studying. Before I got involved in Bitcoin, I had to face a very difficult situation in supporting my family, but now because of my involvement in Bitcoin income, the hardship that I used to face before has become much easier. That is, the economic condition of my family has changed a lot. It's great to know that bitcoin has helped you improve your financial situation and enhance your family life. But is it correct to compare the economy of a country with the economy of a family or an organization, and consider them the same? While to improve family economy, you just need to earn money and ensure the life of family members (5-10 members). But meanwhile, to improve the national economy, the government needs to improve and ensure the lives of hundreds of millions of people. How can you think that both are the same and can apply the same solution? What role do you think bitcoin plays and how will it boost the national economy? Title: Re: How is Bitcoin changing the economy? Post by: fikrett on September 08, 2025, 06:52:58 AM Bitcoin plays a significant role in changing the economy of a country as well as the economic changes of a family. If I had to say it clearly, I would like to share the story of my family. The number of earning members in my family is very small and everyone is more or less involved in studies and if they are involved in studies, it is usually not possible to be involved in income. But because of my Bitcoin earnings, I am able to support my family as well as those who are studying. Before I got involved in Bitcoin, I had to face a very difficult situation in supporting my family, but now because of my involvement in Bitcoin income, the hardship that I used to face before has become much easier. That is, the economic condition of my family has changed a lot. It's great to know that bitcoin has helped you improve your financial situation and enhance your family life. But is it correct to compare the economy of a country with the economy of a family or an organization, and consider them the same? While to improve family economy, you just need to earn money and ensure the life of family members (5-10 members). But meanwhile, to improve the national economy, the government needs to improve and ensure the lives of hundreds of millions of people. How can you think that both are the same and can apply the same solution? What role do you think bitcoin plays and how will it boost the national economy? BTC can help both, but in different ways, because some retailers vs a whole big body like any gov is a completely different story. And BTC wouldn't be the biggest method of doing something new or nice for the gov especially, because clearly, for them - it's a brand new way of things and how things - may - be done, and profit to be made. Title: Re: How is Bitcoin changing the economy? Post by: CryptoYar on September 08, 2025, 06:58:36 AM [...] Your experience is great example of how Bitcoin effects go beyond numbers and directly change family life. Your story perfectly shows key benefit of cryptocurrency that is mostly missed its ability to create new financial opportunities. For people like you who are balancing school with family responsibilities Bitcoin has provided way to make money that might not have been possible with traditional jobs. Fact is that you have been able to help your family with their financial struggles and support those who are studying is powerful example of good that digital money can do.It means real power of Bitcoin is not just its technology but how it can help people and families find financial security and growth. Title: Re: How is Bitcoin changing the economy? Post by: Synchronice on September 08, 2025, 10:24:03 AM Bitcoin is not just a technology, it is also questioning the very structure of the economy. It will shape the global economy in the coming decades in a way that is unimaginable to us now. Bitcoin has created a completely new type of asset class, offering people an alternative to the stock market and real estate. In countries where inflation is still rampant, such as Venezuela or Argentina, Bitcoin has already established itself as an alternative currency for people. In what way will it reshape the global economy? Not Bitcoin alone but cryptocurrencies in general, are a revolution in modern financial system but they are revolution in a tech way, they do not really change anything in terms of other things, like, if you want to beat the inflation, you have to print less money, work harder and more productively. If the population of the country doesn't do that, then there is no way Bitcoin is gonna change a thing for them.Title: Re: How is Bitcoin changing the economy? Post by: Ruttoshi on September 08, 2025, 11:00:57 AM Bitcoin doesn't changed any economy of any country, because theirs no country that their sources of economy is Bitcoin, so each country have what that trigger for economy increase, but is not a bitcoin, when we say bitcoin can be used as a source of economics reserve of a country I will agree with everyone who says so, but outlined that bitcoin can change the economy, it doesn't have cognitive fact to be believe, because different countries have what they invest on, as economy reserves that will render help for their economy boasts up I agree with you. Only the government can improve the economy of the country and not bitcoin because bitcoin is a currency. Bitcoin will only change the financial status of anyone who adopts it and use it as a store of value overtime. Anyone receiving payment in bitcoin overseas from his job will only spend his bitcoin in his country and that little amount cannot turn the country economy around to flourish.Let's forget about how bitcoin can change a country economy and focus on how we can use bitcoin to upgrade our standard of living by investing in bitcoin continuously and hodli for long. The government does not care about your progress, they only care about what they can get from you. They give you with one hand and take it back with the other hand through printing of money. Title: Re: How is Bitcoin changing the economy? Post by: FortuneFollower on September 08, 2025, 11:04:37 AM [...] Your experience is great example of how Bitcoin effects go beyond numbers and directly change family life. Your story perfectly shows key benefit of cryptocurrency that is mostly missed its ability to create new financial opportunities. For people like you who are balancing school with family responsibilities Bitcoin has provided way to make money that might not have been possible with traditional jobs. Fact is that you have been able to help your family with their financial struggles and support those who are studying is powerful example of good that digital money can do.It means real power of Bitcoin is not just its technology but how it can help people and families find financial security and growth. Simply put - BTC gives you freedom in different shapes and forms. 8) Title: Re: How is Bitcoin changing the economy? Post by: Adams0001 on September 08, 2025, 01:04:02 PM Bitcoin is for everyone and also making the poor to become financial freedom if they invest in it but the inequality in the individual economic structure is still remains the same. The rich are buying millions or billions at a time while the poor buys with a thousand (s). Bitcoin has the store of value because the demand is high and anyone that purchase a potion would like to hold it and not to release it at once and that another cause of that making the asset more valuable. Best Time To invest. And if anyone is interested to invest, this is the best time to key into the new trend. And let the person Keep it for like 5 to 10 years minimum. Though there some misconceptions that bitcoin will remove inflation but I don't think so because those who sell things will still increase to make profit. And I don't think bitcoin will reshape the world economy as someone has said in this thread. You are right. To me, I even consider Bitcoin as an investment that someone can do at any time he wishes to do that. Bitcoin investment doesn’t have a specific time before investing in it; even if you have little money and wish to put it in Bitcoin investment, it’s advisable because leaving it in there for a long period of time, it will multiply over time. Furthermore, using the DCA method, you can be investing gradually till it reaches your target and then do the necessary steps to keep it safe because that is what matters a lot in investment. Some people always find it difficult to understand, they think they have specific time to invest in bitcoin. Anyone that have knowledge and experience about bitcoin will always have the confidence to invest at anytime when he have enough funds to risk. I can't says bitcoin is not for everyone because not everyone as the believe that is legit because some think is a scam project. If bitcoin is for everyone, that means everyone should have invested already without thinking negative about it. Bitcoin is gradually process Anyone that have interest to invest should always know that you can't become rich easily you need to invest for the long before you can probably achieve your goal on it. I believe bitcoin can give you freedom because know one will have access to your bitcoin when you invest it in your wallet anytime you wish to sell it, you can do so and enjoy the benefits. The more you invest with high capital that is how you will get huge profit anytime the price increases. Title: Re: How is Bitcoin changing the economy? Post by: free-bit.co.in on September 08, 2025, 01:13:40 PM Something similar has happened in my country, where Bitcoin has changed the economies of several individuals, both directly and indirectly. So I also believe that Bitcoin has great potential to contribute, especially to economic change. This also reminds me of the news about a taxi entrepreneur from El Salvador, who achieved economic success by Bitcoin and even succeed to expand his business, proving that he has successfully created opportunities for economic change for other people through Bitcoin, and fortunately for him, the government also supported him at the time, because of adopting Bitcoin as legal tender. I hope this happens in my country, and yours too, so If it does happen, I am sure it will bring about major (positive) economic change. For those of you who have forgotten or have never seen the news that I conveyed, here is one of the sources: Watcher.guru - Bitcoin Turns Taxi Driver Into Entrepreneur (https://watcher.guru/news/bitcoin-turns-taxi-driver-into-entrepreneur-heres-how) I'm sure many other people in your country have also changed their lives or become rich through stocks, gold and real estate. So in your opinion, are they considered as factors contributing to national economic development? Just because some people change their lives or become rich by investing in bitcoin, we rush to conclude that bitcoin is helping and can change the national economy. We should also acknowledge the merits and contributions from other investments and assets because bitcoin is not the only asset that can bring profits and help people improve their lives. Title: Re: How is Bitcoin changing the economy? Post by: melinoe on September 08, 2025, 01:16:57 PM I'm sure many other people in your country have also changed their lives or become rich through stocks, gold and real estate. So in your opinion, are they considered as factors contributing to national economic development? Just because some people change their lives or become rich by investing in bitcoin, we rush to conclude that bitcoin is helping and can change the national economy. We should also acknowledge the merits and contributions from other investments and assets because bitcoin is not the only asset that can bring profits and help people improve their lives. BTC is not the biggest thing to change some country's economy, imo, even a small country..It's a tool, not an outright solution. |