Bitcoin Forum

Hi everyone

I'm pretty new to all of this and thinking about buying some bitcoin.

I have some concerns about the world economy influence on bitcoin.

For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?

do you think Bitcoin is strong enough at this point to be self-sustaining?


thanks for the help

at the time of the G20 conference, a number of countries proposed to discuss cryptocurrency,
then, when the discussion begins, it turns out cryptocurrency is not so strong in the eyes of the world,
crypto market is only 1% of the total world economy

bitcoin vs world economy is a difference function all together, bitcoin is simply known as crypto currency that is well design, as an asset as the way it be, bitcoin has come to assist world economy on the ecosystem
 

Bitcoin is evolving, and as popular as it seems, we are still at the early adoption stages. It will certainly revolutionalize the world's economy by changing the  game for the government and people of the world.

This happened many times so your example has been fulfilled already. There are cases that if a country isn't too powerful and not influential then bitcoin mostly won't get affected. But if a country has a tiger economy, it will have an effect.
Yes it is, bitcoin has been down and up many times so it can sustain itself even without these countries who bans it but countries who adopts it is a good help.

Bitcoin is a function of digital money, that is control by blockchain technology community, and have nothing to do with a country economy, rather many people in the world are looking upto bitcoin, because it attract so many people, with out disappointment. Bitcoin is real

Bitcoin will always be strong to be independent, with the development of digital technology that can change the online habits of humans can provide many future opportunities for bitcoin, because I believe that bitcoin will be the currency of the future.

Bitcoin and the world economy are very different where bitcoin is the digital currency, while the world economy also affects bitcoin because both have a good dependence on Bitcoin and the economy

There appears to be a very weak correlation between the S&P500 and the price of Bitcoin and other cryptos. Cryptos have a higher correlation with generally high volatility in the equities market than with poor performance.

Then what are these high equities market that BTC has a higher correlation with? Do you mean the stock markets of developing nations? They are "in general" higher in volatility.

Don't bother caring about US regulations. I mean most top exchanges are Chinese and some are in japan. Some countries also like how the blockchain technology helped them. It's just that a portion of a country never understood the convenience it brings and talk all about how it is a bubble and all the bashes they could think. Buy your bitcoin now if you feel you have to, try a little bits and maybe later on you could earn experience in this community and be master of it.

I do not think world economy and bitcoin are very connected. At least it is not effective in decline and rise. Bitcoin purchases may have an effect on the rise in that country, but I do not think it will lead to bitcoin if the market is in bad condition or in good condition.

I will be honest, Crypto currency is still an speculative investment. No one for sure knows the future of crypto currency. So if you are asking about chance of course there are still a risk on this investment. But every investment has a risk. If you are worried about taking risks perhaps it is better to study/research more regarding block chain and Bitcoin. After that decide for your self if this technology will be the future.

For the self sustaining Bitcoin, I do believe yes regardless of the price Bitcoin can self sustain.

bitcoin is just no more than 1% of the world economy, you do not have to worry about that problem because the G20 meeting yesterday generated positive news for cryptocurrency

I'm not sure bitcoin can be independent for now, because some government regulation will definitely affect the bitcoin itself, bitcoin users in this case as people in a country also can not violate the regulation, back to the G20 meeting when the bitcoin starts tending to decline because one of the topics to be discussed is the bitcoin that affects the economy.

The world economy is developing nowadays. Bitcoin is the one of the most famous crypto currency off all time so this coin is leading the crypto market and in economic world there is an impact of btc based on this many countries accepting this coin and they can even pay tax and trade limitless trading format and this helps the economic development.

The economic crisis is not caused by bitcoin, but by the existing economic system. Bitcoin is only a stable and unfalsifiable account, and the final problem is the economy itself.

I don’t think bitcoin is strong enough to be self sustained like someone mention it makes him only 1% of the economy. So maybe in the future yes, but it still has a long way to go

Bitcoin is an decentralized technology so no one can restrict it but governments can impose regulation on the usage of bitcoin but they can't control the bitcoin.Yes bitcoin will overcome these situations and will get more adoption from people in the coming years so keep supporting bitcoin if you want a decentralized money system in future.

We keep saying bitcoin versus because we found in media how the government around the globe are against bitcoin, from that fact we believe that bitcoin is in danger or inapropriate in our modern state governmental, but i think it should not be that way, bitcoin is should be a part of economy golabally or locally, the fact that many government againts it, it should be their problem and concern not bitcoin or crypos, bitcoin is being created, it can't be uncreated, it is there and availabe and it is up to us on how to use and manage it.

Rapid movements of the Bitcoin price are common. Any investment can pose a risk, but the Cryptocurrency world and all the technologies it brings are not only beneficial to struggling economies but are also helping central authorities by examining inefficiencies within their financial system and is most likely to remain for many years to come. As an platform for innovation, Bitcoin is definitely sustainable. By creating something that is detached from government or regulating authority, it removed all control and so regulation will require a well-coordinated effort across several economies. This will be a difficult task however regulatory uncertainty can to be harmful to the Crypto markets but Bitcoin prices show patterns of improvement. With a global Crypto market cap sitting at approximately $1trn, acceptance becomes inevitable.

That changes the bitcoin price is not just US as such, it has previously happened where China forbids the use of bitcoin in its country, with the instant of bitcoin prices dropping drastically and this is true in other countries. I mean if there is a country decide to banning bitcoin and cryptocurrency the price will fall.
It's not about bitcoin, but the user specifies it. By bitcoin system already has the potential to be used as a technology of the future. It's just that determines can bitcoin persist when some states prohibit bitcoin and cryptocurrency is dependent from bitcoin users themselves.

Congrats for your thinking of buying bitcoin. Please don't wait and act fast. USA and SEC is not at all crypto friendly from the beginning and the crypto community is aware of it. So if USA puts legal restriction over it, it will have a very limited effect internationally. However, it is not going to happen because a large numbers of crypto related business are based on USA only. The government will see a huge revenue loss as well as a lot of people will loose their jobs. I don't think USA will take any such chance anytime soon. So if you are planning to invest in cryptos, go ahead and do it!

If you think Bitcoin is business to begin with, then you are in a wrong idea about it. In my point of view, Bitcoin is a currency which is used to do transactions online. So the point of buying Bitcoin to merely invest and become rich is not a good idea. About the restrictions US will think of imposing, then it is just restrictions and cannot even destroy bitcoin's legacy.

Bitcoin and any crypto currency available in the market isn't stable enough to be self sustaining. But in the future we will see a more stronger and more stable coin that could be used by everyone in their businesses. But it will take the effort of every one who have stakes on it to hold on to their coins.

if it can happen soon, i am sure that bitcoin and other coins could be stable.every business accept bitcoin and altcoin , it will make investor confidence rise and maybe more new investor coming.

A lot of money is being pumped/diverted into the Cryptocurrency markets. As at today, if the Cryptocurrency markets should crash, it then means the world economy will lose its hold/stand. That is partly why the global financial bodies have decided to come into the Cryptocurrency markets to help put things in checks and have a coordinated operation.

I think from the year 2013 in the form of bitcoin up to now a lot of problems that happened, and the fact that bitcoin is still survive, so I think despite the many restrictions and opposition, but surely still able to survive and even more advanced, this is my opinion

I think that bitcoin is not enough strong yet, but it becames more and more strong with all those people comming here with their will!

This world doesn't continue to be in monotony, it will all lead to new things that smell of technologies advancements especially on the internet, I think bitcoin or cryptocurrency will continue to persist and strong among many people, especially certain countries that have received bitcoin, also I think the activity on crypto will be more vibrant and more very good role in the next.
Believe in bitcoin, this will remain a special thing!

That's why Bitcoin was designed as a decentralized system.
No nation state on this planet can stop Bitcoin. Laws will not stop people from buying it underground. Furthermore other nations will embrace it instead of attacking it.
Bitcoin has survived the last 9 years and has reached some significant size now. And it will continue to grow (there's more and more interest from institutional investors who what to buy in). In terms of the technology, the mining finally sees some great competition coming in, the second layer gets build out and will probably bring a complete new wave of innovation and businesses.
And of course attacks against Bitcoin will continue. But this is good, this is how we learn and get battle hardened and makes as a community and the protocol, technology more resilient.

Due to mine past experience. Bitcoin have face a lot of FUD from the Chinese, Bangladesh, Bolivia, Ecuador, Kyrgyzstan, and Nepal. Bitcoin later overcome those mention countries negativity but one thing is sure if the US decides to put restrictions on bitcoin, there will be dump in price sooner or later the price will bullish. However, the US government love and respect modern technology so i don't see any reason for them to such a thing and the only thing they can do it to monitor any fraud or illegal transaction.

It depends on how much US people are holding in their Bitcoin form. As far as I know US must be holding more than sufficient amount of money in bitcoin's which can drop the bitcoin's market by almost 30-40% or who knows may be more than that!

So answering to your question in word I would say Yes, it will affect the bitcoin world dramatically. In other words it depends on the holdings, how people will react about the situation, whether government will allow time for people to convert their money back into fiat or whether the funds will be ceased by government! There are many factors that can happen and they can affect accordingly.

Many people come to BTC with a goal to change their lives, including me, I always expect that I can earn a lot of money to care for my family, to take care of my life. So I always try to invest in BTC with the experience learned in the market. I believe the BTC market always contains terrible revenue potential that many people do not know about.

bitcoin is very influential for the world economy and bitcoin is growing rapidly, world economy is also not running on the one hand, and it is divided into each of the world's economic and bitcoin

Bitcoin is one of the most highlighted virtual currencies of the last two thousand and seventeen years. This is because the digital money created by Satoshi Nakamoto has a very wild price movement.

The USA is a big player on the market of crypto currencies, just like China, so every change, especially negative one, towards cryptos in this country affect the whole market. Bitcoin simply can fall apart after such shakes, the price may fall deeply and it will  need much more time for recovering. And because of many countries take the US as economical model as the example they may follow States in everything towards bitcoin and after that bitcoin may not ever recover itself at all, if you understand what I mean.

Bitcoin and world economy is really different to each other because they have their own purpose to act. Bitcoin is a currency that we can use to transact online by using it as a means of payment and it assisted the world economy. They are only related to each other .

Bitcoin cannot sustain itself even today when bitcoin's price is very high. When you ban the countries that contribute to bitcoin's continuous success, bitcoin will fall eventually. Because it is still dependent on people's demands and preferences. And even though bitcoin has made a reputation on the world, majority of our population is still clueless on the things about cryptocurrencies and how they work. And another thing, bitcoin is mostly dependent on the world's economy. It rides the waves of the economy of each country and depend on people's success.

The world economy status is depends on the growth of the education and technology so which country is friendly in these two things that country is maintain a top position in the world.
But bitcoin growth is depends on the investors that means supply and demand of the crypto market.

Bitcoin is not actually enemy of economy infact bitcoin can lift the country's economy which who supported him. I know that we will go far away bitcoin will be the key to successions of every country that will supported him. You will understand it just read.

First of all you should know that

Bitcoins can't ever be wiped out but their value can for sure decrease and force it to get undercover and operate through people away from the government eye's

Also US is not thinking about that right now also if they are going to put a ban on Bitcoins then they need to put ban on many other coins if they are thinking of tackling this billion dollar industry but you know what ? It's too big for it to be completely wiped out.. there will always be some somewhere who will be supporting it.

Also it's hard to tackle down this big industry and make it disappear suddenly , it will be more or so gradual so don't worry.

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.

If a country that contributes a lot in Bitcoin market will have a restriction, lets say it will ban banks from dealing with it, that will have a huge impact with the price of Bitcoin because people will not be able to use their bank accounts to buy and sell Bitcoin but this doesn't mean that Bitcoin will be over, you have to know that it is decentralized so even most countries will ban the use of Bitcoin, it will still exist but of course the price will drastically drop as demand decreases from countries that banned it. Anyways this is just an example and I think that this is very unlikely to happen in USA because they already made Bitcoin and other cryptocurrency a commodity.

Bitcoin decentralized, and the USA to visit the most economically developed country in the world. Yes, there are all the rich and the world's major exchanges, but now it is Asia at the forefront of the economy. Therefore, even ecли the US and ban, the main thing is that such countries as Japan develop cryptocurrency.

Well, Bitcoin is just a vehicle and it depends on the users that will determine the future of it. I believe that Bitcoin/blockchain will definitely emerge as a solution for the time-consuming problems of the real world but let's admit the fact that there are some obstacles during the path of development and we should give some time for it to improve and sustain. It would be far early to measure success or failure at this stage.

Us government is planning to look after bitcoin and impose tax on it. This can be a restriction for bitcoin. But, if we talk about imposing tax, it will be good in the long term.  ???Because, there're a lot of people who hardly relies on crypto currency. So, imposing tax will give ooportunity for the investors to rely on it.

If the US decides to impose a restriction on the use of bitcoin, this, of course, will strongly affect it, especially for users in this country. However, it will be used even now under any circumstances. This is roughly the same as the US issued a decree banning the use of the Venezuelan digital coin El Petro. Who wanted to buy, he bought on other international exchanges. So it will be with the restriction against bitcoin. You can not prohibit already what exists on the Internet.

The government cannot prohibit people from using Bitcoin. If this were possible, they would have done it already. States need to compromise, and to put up with the cryptocurrency.

Bitcoin is strong as hell, so no bans kan stop it buddy, US or any other country won't totally ban cryptos because after all they are no dumb people right. those countries who are banning in maybe confused about something, and has thwir own game in mind. other wise crypto currency is the future .

Not enemy but it is the friend of our economy as it is making it better now and allot of people are getting online jobs with bitcoin which shows how bitcoin is reducing the number of unemployed people while on the other hand fast transaction is making companies to earn thousands of dollar profit everyday for using bitcoin money transaction which cost high tax for government so our economy is getting green with bitcoin help.

I believe that bitcoin and the world economy are not in confrontation. On the contrary, the growth of crypto currency is useful to the world economy. The technology of blockchain and its aggressive popularization through rapid growth of prices for crypto-currencies can help the world financial system solve its main problem, which is the shortage of long-term financing, and ensure the subsequent global economic growth.

Nothing can help the financial system, it's doomed to fail with how it's set up. Bitcoin is no world-problem-solver. Bitcoin is just a layer on top of the current system, where everything below that layer is rotten to the core. People are supposed to hedge that rotten system by using Bitcoin, the government itself will just keep sinking down as hard as always, don't let them take you down with them.

Their motto is debt = good; why do you think the majority of the people became way poorer throughout the years, and the rich became richer? You as debtor are filling their pockets. It's not just a way to control people, but also a way to conveniently make sure that capital from you keeps shifting towards the elite.

Simple life lesson; if you can't pay for something yourself (ie, with your own money), then don't buy it. You'll thank yourself for that later on.

Bitcoin is not a country's currency, and is not owned or aligned in only one country. there is nothing to worry about banning and restricting bitcoin in a country. there are two options for you, which can relieve your worries, bitcoin as crypto currency, or bitcoin as a tradable asset. both have a good profit output.

and most important thing is ,community come from much country not dominate by one country.so its decentralize concept keep working.if one country ban bitcoin , it still can run.

I think bitcoin vs economy is not good call... because bitcoin help economy to grow thats why its not proper say versus on them. They help each other

Bitcoin is the best digital crypto currency in the world. Peoples are connecting with bitcoin and they are earning lots of profit from this. That's why i think it’s creating a positive impact on world economy.

I don't think bitcoin plays a big part in the world economics growth because the market value of crypto currency is very small when compared to other investment like stocks.But it is helping many people to increase their wealth and there were lot of millionaires emerged in the recent years from crypto investment.But as per the OP he is asking the restrictions from the government affect the crypto price or not.It may affect the price but they don't have any control over the decentralized bitcoin.

I am not sure whats bothering people searching for different topics that are ebbing created here to help know answers to such type of questions. I have already analysed little bit about the Bitcoin Vs world economy stuff so that people will not bring up such topics again and again here. This is just too spammy as it gets bigger and bigger in the replies. If you guys really want to know how the economy and stuff works and how bitcoin may or may not be affecting it can be read at this link https://bitcointalk.org/index.php?topic=4129184.msg38154298#msg38154298 Go ahead and discuss something fruitful their.  :D

Bitcoin is an extraordinary technology set out to conquer and outshine the traditional systems that are still ruling the world and favor the elites. Bitcoin gives equal chance to every one in the market to earn equally and enjoy without having to worry too much.

Economies on the other hand have been coming up with pathetic policies that has been taxing the poor and giving relaxation to the elite. This is a Pareto efficient concept. Bitcoin is a Pareto improvement.

Bitcoin is becoming a world economy. Bitcoin will be the major only one unique cryptocurrency for the world which will be used by people of most countries.

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World economy is trying to take a new shape due to technological evolution and high tech like artificial intelligence (AI) and Blockchain are helping to change the definations of economy.  Bitcoin together with other alt coins will be used heavily to reduce the chance of another economic crises like 2008. People started believe in decentralized monetary policy and people started believe in decentralized cryptocurrencies more than fiat currencies. So Bitcoin and technology already taking a lead here.

 ;D ;D 

Will if USA will be against Bitcoin it will not be fall apart but still price value will be affected because of the numbers of Investors are going to reduce. USA is one of the top investors of Bitcoin so it will be a huge loss to Bitcoin if they quit thru restrictions but still it will survive. The good thing is USA is in full support of Bitcoin that is why they regulated it will so that it will be protected from the illegal people.

As a crypto currency, Bitcoin has the important role to influence the world economy. The world economy will certainly run to keep up with the times. The world economy will certainly be influenced by many factors like : the world inflation, monetary policy, international trade, exchange rates, political stability of the region and the world, etc. If bitcoin can be accrepted by the world community rapidly, I am sure that Bitcoin can be one of a new world economy model. When it happens, Bitcoin will can influence the world economy system predominantly.

Good thing for world economies is the introducing of crypto currency and now if we look at the crypto usage most of the developing countries are using this currency which is good for the better of the economies of them.

I dont have a clear understanding about is bitcoin able to fight the world economy and should it? so I will wait and see

Bitcoin is one of the most highlighted virtual currencies of 2017 and unpredictable prices can create bubbles or bubbles in the economic system.

I think bitcoin will boost the economy of everyone involved in it around the world

Being a decentralized currency, bitcoin can't be much influenced by the world economy. This is my opinion. I don't think that bitcoin will become the main currency now but it may happen in the future

I think if the price is still unstable and still fluctuating, then there will be no restriction on bitcoin. Bitcoin this year tends to decline and no matter how bitcoin I think is still safe as long as there are still many who support it. If the bitcoin is centered and has a stable price, then I'm sure there will be a regulation about crypto.

Since bitcoin is a decentralized currency it will be very hard for any country to decide the Faith of bitcoin and also to control it but putting restrictions on bitcoin transactions will lead to low demands which can at the affect the Price of bitcoin in the market.

As long as there's no official information considering distribution of Bitcoin holders between countries you cannot tell for sure whether there's enough of them in the US to cause an impact on the country's economy.

That is true. In order to fully ban bitcoin you need to ban the Internet. Even if you proclaim bitcoin illegal, it will most likely make masses buy it while they still have time which will drive the price up. Also, due to the ban, bitcoin will always cost more than average on the inner market.

US government regulator has been many times tried to crack down Bitcoin, with the increasing of people from US who interest and start invest on it, they should be worried. But, Bitcoin user maybe takes 1% only from world population, widespread over the world. So i think if mostly those government really doing restrictions together, there is surely bad news.

Exactly,also that bitcoin affects the world economy. It is changing the global economy.Bitcoin is trusted by thousands of people.

  Bitcoin and world economy are closely related so bitcoin has the ability to change the economic system of a country as well as the economic condition in terms of employability and investment. Also the technology has had a great feature that it is wisely accepted and used as medium of exchange which means that it can reduce the use of cash. Besides, it can also affect the fiscal policy toll of the government.

Only for those countries that adopted it but not for those countries that banned it and restricted the use and trade of it.

The title is quite wrong on what it is trying to say against the world economy or it's meaning. Bitcoin as stand alone economy still can't beat world's economy.

If bans will occur for most countries it will affect the demand for bitcoin especially if these countries are first world countries.

Bitcoin is the world class cryptocurrency and its use is all around the world but still some countries are not using the Bitcoin and do not want to demolish or finish the old and traditional system and want to implement more taxes on people which are the failure of a country as people are not in benefit. Bitcoin has the potential to defeat any type of currency and this contributes the most to economy.

indeed at this time bitcoin is believed to be able to meet the needs of the world economy, but I think it is quite difficult, because the economic need is greater than bitcoin. so using bitcoin is also limited.

well, I think that in the future, bitcoin will have its place in the world economy. Right now, people try to prove that it is one of the biggest inventions of the humankind. Many of them want bitcoin to be used as the main currency daily. I hope that it will come true some day

Many people doesn't understand one country economy, how can they understand global economy, or bitcoin? In this topic there are many comments that doesn't deserve to be here, people just talk random about what they feel about all situation, without any knowledge! Many didn't even try to put some effort in searching about subject they wish to talk about.
Global economy have it's own regulations, while blockchain different ones. How they affect each other is by value and support they have. Are they in war, probably yes. Bitcoin is changing the way people see the money, and what people think about it, how they earn and use it, and that disturbs traditional people.
There is one way, technology way, that answers the question what will happen in the end.

Thereis already a big influence thanks to Japan. Why ask US only? Are you from there or just thinking they are the strongest one who can take bitcoin down?
I dont think so. Even if they are restricting the trades and exchange in US bitcoin is still in a way large of value.
Remember where it came from. $1000 to cents then back again slowly. It took a big hit when people started saying it was a scam and yet it still went up.

Bitcoin is not strong enough if we talk about its price. If US will put restrictions price will drop to the hell and will be there for a long time.

I wonder why many people still think that Bitcoin is influenced by the world economy...from the beginning there Bitcoin is stand-alone, by simply relying on the community, Bitcoin succeeded in becoming big as it is today.
so, rising and falling its Bitcoin price is very reasonable, it denotes there are a buying and selling activity of Bitcoin...

Bitcoin is a function of digital money, that is control by blockchain technology community, and have nothing to do with a country economy, rather many people in the world are looking upto bitcoin, because it attract so many people, with out disappointment. Bitcoin is real

It's true that some geopolitical factors have influenced bitcoin price,but it should also be noted that bitcoin has managed to survive despite strict actions from China against it.

In most cases we don't actually know what is pushing the market up or down. The main stream media platforms always point at regulations when the price is going down, but that's something they don't have any actual evidence of. In the last months we have had to deal with so many unfunded news articles meant to spread fud, that people got used to them and now slowly start to ignore that nonsense. Continuously spreading fud only works when the price keeps going down, and when it doesn't, the general market has no urge to sell anything. In the same way these people have become somewhat immune to genuinely good news articles. In other words, we should be, and actually are dealing with a relatively flat market with the usual up and down movements.

will in my own thought bitcoin is strong enough to solve into this differrent kind of issues in the government,especially in this restriction of bitcoin if US decided on it,because my reason is how they cannot survive the cryptocurrency, that in this how many years they operate all over the world and faces many challenge and difficulties but until now,they still stand strong and continue to grow on by promoting growth of economy and social responsibility,so therefore in this small kind of troubled i know that digital currency would surpass all of it.

The real reason for bitcoin's popularity is that it is being recognized by many of the world's leading financial institutions as a convertible currency. And the most important way to go about it is that it's being hyped, and its exchange rate against the real currency has soared to dizzying levels.

US is not the only country who holds bitcoin. There are many countries that legalized and regulated bitcoin so far. Therefore, bitcoin does not fall down if it will be banned in other countries because the community of bitcoin is strong. If ever, bitcoin will be banned in all countries of the world, it will go through a black market. Bitcoin can sustain its popularity and for sure, many countries will involve soon as bitcoin will become the trend. Possible fall down? I guess it will not happen in bitcoin.

There is no relation between Bitcoin and Economy, Bitcoin as it emphasized, it is crypto digital transaction by the traders or the investors on Bitcoin, yes, Bitcoin price value reacts on trading market investment, or the buying and selling of crypto coin at any given time. In may affect in some way the fraction of financial business individual upon participating the huge invest for Bitcoin, The issue on Regulation about Bitcoin does not correlate in any way about the Economy and Bitcoin. it is a separate entity.

it will obviously have an impact on bitcoins, but usually not for long
if there is a country experiencing a crisis, and its people divert its currency to bitcoin, bitcoin will rise
and vice versa, if there is a state that limits bitcoin, it will have an impact on the reduction of bitcoin prices
bitcoin could be self-sufficient, but not for now

This is a very vast market and a lot of currencies and processes of different sources taking place and working here with different rates. Bitcoin is very responsive to the world as it is now popular and the value has increased at this stage so it is a great achievement that made economies better with its investments. Countries using Bitcoin are now at better stages and are known as number one investment in the market.

Whatever decisions taken by these  world leading economies like US, China, Russia, France e.t.c as regards Cryptos e.g bitcoin will definitely have impact on it, recall recently in some Asian countries there many clamp downs, bans, regulations on bitcoin  which affects btc survival and sustainability in those places however the more friendly  those countries are to btc the better as a world leading economies.

in 2008 we faced the economic crisis of the world and the emergence of digital currency has partly helped the companies have the program to call for capital to participate in the production. Businesspeople also secretly contribute to the renovation of the country

It definitely will and with the way things are going, I am sure the place is gradually being fixed as we get to see a lot of news on big investors wanting to come into the space. So far, we have been seeing some interesting development in the space and a lot of enthusiasts springing up with more possibility of us seeing a lot of people using bitcoin as a currency or a safe haven for keeping their funds in the long run where there is a crash in the fiat system.

All these things will count on how bitcoin will evolve but thinking the global economy ruled by the fiat system is going to have an effect ? That is a big NO for me.

good concern but i think this matters less because bitcoin is not pegged to the us reserves or anything for it to have a direct impact on the future of bitcoin, it might have some negative effect on price movements in the short run but all will be restored which is why its decentralized to avoid such hurdles.

I believe that bitcoin is already unstoppable! And none of government cant deal with it by now. We are the new era adopters.

It's unstoppable because it is decentralized and if the any big country decides to ban bitcoin, who cares? Bitcoin has been widely accepted and most of the people who are using it loving the way on how bitcoin is being used as a coin that doesn't need any information. There will be some third parties who likes to destruct bitcoin because their businesses are being targeted entirely by the new technology that is being adopted by the mass.

Economy is important of the country growth. So economy is help to connect the other country business process. It good future saving. Bitcoin is help to people growth. So people will be growth country also growth. So bitcoin can change the country. It good future digital currency. It connect the country. So if need for the country growth check the country economy.

The more economically liberally water it is, the richer it is, some countries do not accept Bitcoin. These non-free regimes play a part in creating poverty for their people. Freedom and prosperity coexist. The smart government will continue to support Blockchain and virtual money. Virtual money will continue to create more efficient markets

Bitcoin will be a huge problem or big help on the entire economy because the demand in the market today is very high for bitcoins so you can always expect for the price to increase or decrease and the volatility will make you earn a huge amount of profit.

America is biggest economy in the world. I think if america put restriction on bitcoin, that will impact on bitcoin price but I am believe bitcoin will survive. But I dont believe america will put restriction on bitcoin because recently as we know goldman sachs as biggest investment firm in america start to open trading desk on cryptocurrency

bitcoin vs. world economy is a different function together, bitcoin is known only as well-designed crypto currency, as an asset as it should be, bitcoin has come to help the world economy on ecosystems

Bitcoin does not belong to any state, it is in all countries of the world. Therefore, bitcoin is not afraid of any government in the world.

Now is a good time to buy bitcoin for long-term storage. I do not think that the states will be able to come to a common opinion about the crypto-currency. If they ban in one country, in another country they will be allowed. Bitcoin is gaining great strength and it will not be so easy to win.

Bitcoin is just a vehicle and it depends on the users that will determine the future of it. I believe that Bitcoin/blockchain will definitely emerge as a solution for the time-consuming problems of the real world but let's admit the fact that there are some obstacles during the path of development and we should give some time for it to improve and sustain. It would be far early to measure success or failure at this stage.

Why are you concerned of such things? I think it's bankers or politicians, who should really worry about that.

Bitcoin is too small for the world economy. Only the impact from the government or the bans.the spam,...all affected bitcoin.Bitcoin can be developed and used in many ways, but it is very difficult to have a great impact on the economy. People are more interested in bitcoin, this is the signal. The more popular the bitcoin, the higher the value

Bitcoin versus world government will meet at the end. I do believe that bitcoin will become bigger and bigger  every year's that will pass. There will have huge investors to come into bitcoin. Maybe even the big businessmen in our time will enter to crypto. So that will means crypto and world economic will have a good future. There should have a perfect partnership of bitcoin with crypto. We will be able to see the rapid growth in the near future that will be the more better than before.

if US do like that , i think that will affect to bitcoin and for sometime bitcoin will down
but after that it will go rise again , as i see since 2017

The world economy affects bitcoin. But bitcoin is not big enough to affect the world economy. The view of the world is in this direction. I think that bitcoin does not have enough volume and it depends on the world economy.

World government would probably win cause we all know that the biggest enemy of bitcoin is government. What if all of country ban bitcoin how does bitcoin.works ? In deepweb again. So bitcoin will not be currency afterall it will stay as a cryptocurrency. So I chose government cause they will win

  Bitcoin has great potential to alter the world economy in a right direction. It can really upgrade the system to the next level if it is given a chance to expand in the countries that have banned the technology. Some of the countries have been using Bitcoin in their top companies as well and is accepted widely as a medium of exchange and for general acceptability.

As long. As Bitcoin is being accepted in your country, then you have no problem with it at all and can use it for most of the things you need including making transactions to any location where is also accepted, buying things online (just lie cars, home appliances etc), selling and using it as a mode for receiving payment. By the way, I don’t think the U.S government is against Bitcoin, although if they see you making use of it openly, they might confiscate it and even arrest you.

what is bitcoin and world economy .. if someone can understand bitcoin we can compare with world economy. how to deal with it all .. clever course we how to set it

Bitcoin can improve the world economy if every country will use cryptocurrency in their place because people can use bitcoins for their daily needs since the price is keep on increasing and trading will be very profitable for everyone.

Obviously it will. Look at the way things may be going with the fiat system and economy simply crushing somehow with inflation. To me, bitcoin may actually be perceived as the digital gold which is going to be saving the day in that case. I am sure just like you said, it is too early to start seeing it as a huge part of a huge economy in the global perspective, but I believe over time, it is definitely going to be and government would not have a choice than to let it be.

Bitcoin is the community and as long as there would keep being supporters who see the dire need of it in their daily lives as currency, I do not think it would be that easy for any government to just want to fall that apart and as long as we are not divided among ourselves as well.

The thing here is that if government could screw the whole thing up, they would have done that and the more they keep making attempt, the more it just keeps growing and exposing the fiat loophole which decentralization is causing to the whole world. I do not feel the world economy is centered around bitcoin anyway.

bitcoin makes its own value and does not depend on any financial condition. while the world economy depends on the state of other countries because of cooperative relations, for example inflation and deflation in the country's currency against the dollar.

The Bitcoin helps in making the people financially strong and can help any government in the betterment of economy of the country and is independent of country as any country can use Bitcoin if adopts. This adoption of Bitcoin helps a country not to waste the budget on the manufacturing of paper notes and will make a country able to save huge amount, this is the start of Bitcoin that helps a country to save money and the future investments will benefit too.

Let’s take an example or let’s suppose if a country adopts Bitcoin which is a valuable currency and another country has its own fiat currency which is less valuable than the Bitcoin, the yield or output of both the countries using their currencies will produce two different economy rates. The economy rate if valuable currency is more than that if less valuable currency which is a general saying too. So any valuable currency if adopts by any country of if the whole world adopts it then the economies will be better than that of economies from old and traditional way.

Bitcoin contributes to those economies which are working or using Bitcoin as a source of economy and getting the benefit from Bitcoin up to great extent and that is why more countries are adopting Bitcoin and using it as a source of investment that make the economy better. Another major assumption has seen and observed by comparing the economy rate of both fiat and Bitcoin but result the most benefit from Bitcoin.

I think it comes down to decentralized, trustless money vs. fiat money that is controlled by some kind of authority, which you are forced to trust in. History has shown that every fiat currency fails. It either ends in hyperfinflation or gets replaced by another fiat currency before that happens. In either case, people who tried to build up savings get punished. I think it is only a matter of time until people switch to the better alternative, even the politicians themselves at some point. What is happening in Venezuela is also interesting in this context.

And I think it depends also on the country. Bitcoin may have a big impact to our economy when there are big investors, advertisers, and a powerful countries joining it. As of now, we don't still feel the changes because of a sudden circumstances. But at least it is well known.

If bitcoin starts again to uptrend I will not relate with world economic situation:) I waited too much for uptrend.

it seems that bitcoin can not affect the world's finances I see fiat that can still affect the world's financial condition because fiat more widely known and widely used around the world, so I think bitcoin still can not give effect to the world's finances.

Yeah, and I guess that technology that way that a lot of people are already seeing as the main way that sets them out from the slavery the fiat system has enslaved them over the years and seeing a better means at which they can at least spend without a third party, make transaction without the government policies affecting anything and so on.

We can still take a cue from country economy even if we are to look at the bigger picture of the global economy as the case may be.

For instance, Zimbabweans saw the need to use bitcoin as a currency and it is more like one of the underdeveloped countries we can use as a case study as to real life usage of bitcoin which is the reason why till now, bitcoin still trades above the global market price here.

I try to add an opinion about economic development and bitcoin or crypto comes from a combination of technological and economic developments to a saturating economic system, so it will not affect the existing world economy, will not disturb economic stability because the tool still uses the conventional currency, medium crypto is only a new form of value derived from a combination of technology that is touched into the world of economy, does not need much excessive worry, the world must open up only with the existence of such economic developments. so that intertwined harmony in social as well economic, may be useful and successful for us all

State bodies are trying to take control of everything that is somehow connected with money. However, the bitcoin that appeared not so long ago, which does not have a common emission center and is not subject to supervision by any official body, falls out of this structure. Now public authorities simply can not ignore the new "player". Therefore, they are trying in every possible way to take it under control and regulate the crypto currency process.

Well, let's see how the not so strong will end up eventually strong anyway. Yeah, we are not actually there yet and simply from the G20 conference, the whole thing was more like it should not even be perceived as a threat, at least not just yet as it is still more like a tiny piece of the global economy at large.

However, a lot of things over time will fuel its growth which would make it bigger than this, and the good thing about decentralization is that we call the shots and unless the government wants to switch off the internet completely, I am not sure how easy it would be for them to halt its growth.

Even while reading some of the post by some people, I still wonder why some people think a single country putting restrictions will affect everything. Firstly, bitcoin itself is global and decentralized and every country will definitely be having its own rules of how things will be operating and therefore, restriction from a single country will only affect that country.

There are traders everywhere and even if there is a little impact, it is going to end up being temporary. There is simply no effect that the global system will have on bitcoin except we ourselves let that happen.

I think bitcoin will affect the world economy, so I think bitcoin is strong enough for the future.

With the way evolution is going on with bitcoin, it is actually going to be funny for a lot of people to see how it would be a part of the global economy in the long run. We cannot say much on the impact it is eventually going to be having as that would be based on a huge level of mass adoption globally, but how that is going to play out will be best known with time.

However, the government will not have any other option than to accept it and benefit from it in the long run, so the OP worries may not actually come into fruition.

Bitcoins can help the world economy so they should not fought, japan today is using cryptocurrency and because of that, their people is living a very wealthy life just like so i hope that every country will legalize cryptocurrency in their place as well.

Blockchain technology and its aggressive popularization through the rapid growth of prices for crypto currency can help the world's financial system solve its main problems, the shortage of long-term financing, and ensure the next global economic growth because I believe that bitcoin and the world economy are not in confrontation. In contrast, the growth of the crypto currency is useful for the world economy

Yes, Bitcoin is self-sustaining enough. It has sustained itself so well from last 9 years. Hackers, manipulators, regulators government and many more have tried to bring it down, but it has always proved its worth. And I don’t think economy has any affect on Bitcoin, neither Bitcoin’s adoption is strong or huge enough to affect the world economy. so go ahead don’t worry about such restrictions.

When governments see growth over an industry or over a firm, it tries to make it as the government belonging. In some cases it is impossible and the same is happening with bitcoin. World economy at present doesn't have any impact because of bitcoin. But, in the falling years things will change when major adoption happen taking the growth beyond limits.

Bitcoin has spreading its influence everyday, and as it increases its population it also changes the life of many so the direction of bitcoin is helping peoples life to a better status and situation that gives good impact also to the economy of the country when many people are living in a financially stable life. So it contributes good effect to our economy when everyone in the industry is successful.

If bitcoin has been able to go through half of 2018(apparently, most attacks at bitcoin have been launched this year), it is certainly gonna succeed. Mr. Andreas, the famous writer of "Internet of Money" puts it clearly that: "You can get your country out of bitcoin but you can't get bitcoin out of your country".

of course the bitcoin remains strong that we use to gain much greater profits, because bitcoin itself is also very easy to use in everything, especially investments and easy transactions get a lot of benefits.

Bitcoin is purely independent and functional depending on the innovation. World economy depends on different factors that's not that easy to handle. The world economy can be improved when the administration functions corruption free focusing on fulfilling the needs of people. As it was unable to fulfill several requirements, bitcoin has come into existence to do the best.

I believe so. Bitcoin is privately run therefore it should stay resistant to restrictions. But as the case may be certain restrictions will create an impact on bitcoin transactions or volume of exchanges. It could lower potential investors just like what happen during a ban on cryptocurrencies where made in several countries early this year.  While it survived but strict regulations are creatingI believe so. Bitcoin is privately run therefore it should stay resistant to restrictions. But as the case may be certain restrictions will create an impact on bitcoin transactions or volume of exchanges. It could lower potential investors just like what happen during a ban on cryptocurrencies where made in several countries early this year.  While it survived but strict regulations are creating a panic.

Economy in every country are continuously operated business as usual, Even U.S government totally ban of bitcoin it is still going to be normal situation because since bitcoin start no country affected and it will constantly going popular until now so I think bitcoin will sustained and become lively again soon.

Not all the time though. We all know that crypto currencies especially Bitcoin are very volatile and we do not know what it may give us loss or profit but all we know is that if we can move our money in good positions, we can gain good profits though that needs a lot of skills and knowledge since keeping up with a volatile market is very hard.

You right, world economy is too complex and complicated to explain because there are many indicators and many things that affect it, while bitcoin I think is a new innovative financial system using a blockchain system so bitcoin can stand alone without any intervention and control of anyone, thats what makes bitcoin unique

well i guess bitcoin can make the change system economic in this world, because of it independence and if saying it strong enough, i guess bitcoin still having lack of support power by the most people in this earth

No i do think if US go out from bitcoin i believe there will be big impact happening to bitcoin price. If we need bitcoin value to increasing we do need more demands on it, approximately its only less than 1 % people who investing in cryptocurrency, so i do think this number are very small right now and there is still a chance for it to grow.

different but will be related if bitcoin will later take over the world we take for example on a small scale there is a small country whose economy is under abruptly they legalize bitcoin to be a legitimate transaction tool in that country and the result of their economy increases because the value follows the value of bitcoin which is high at the time.

It's doesn't matter if they regulate bitcoin because they can only tax from transaction fees anyways, If you decide to convert your money to USD. They have no way of tracking it's users because bitcoin has a feature called anonymity. And if US decides to ban bitcoin and exchanges from their country, there are a lots of country to trade on that doesn't put any restrictions because bitcoin is decentralized.

However if countries like USA put restrictions on it, BTC's price will be affected, as the investors will be affected. The currency won't fall completely, but it would suffer a bit or a lot depending the country in question. It always happen when a country put severe restrictions or when they ban Bitcoin.
World's economies and governments actions can influence Bitcoin's price a lot!

Bitcoin is solely singled system that operates on its own regardless of world economy but bitcoin then can become part of the world economy if they have been incorporate within their system and have bee fully accepted by each and every country thus so it became world currency and can do much to a world economy as a whole.

Yes I strongly thinks that bitcoin is very sustainable and versatile crypto currency and being decentralised currency, no country can ban it globally, they can only stop the person from using crypto currencies in their nation but you can simply use international exchanges for transacting your bitcoin and moreover the time is also very good because this is the time when the valuation is also very low and there are predictions even that it is going to hike in the coming months of this year.

While bitcoin will at least be allowed somewhere, it will cost money. I do not think that even a ban worldwide will be able to kill a crypto currency, this is an excellent technology behind which the future

The ban in one country bitcoin does not affect it in any way. After all, it does not depend on geolocation. Bitcoin will be affected only by a worldwide ban on cryptocurrency. And this is very unlikely. After all, many countries already recognize Bitcoin

until whenever I will support bitcoin as an economy, because bitcoin is official, until whenever I will support bitcoin, I will invite people to work in bitcoin, I like bitcoin

This is nice and positive thinking that we all need to have, I agree with you if 100% of people will start using bitcoin and government will allow them to use so i am sure bitcoin will get too high all over the world as best investment and the currency of the age, now in a lot of places where bitcoin was even un know now bitcoin is being use officially so it is the great progress of bitcoin in our society, and our entire economy is being effect by it positively.

I don’t really know for sure, but I do have the feeling that the reason why most countries never banned bitcoin is because the US didn’t do that. So it’s quite possible that if the US decides to ban cryptocurrencies, it will probably lead to the fall of cryptocurrency  unless maybe China reverse their ban on cryptocurrencies and ICOs and start pushing money into it,  followed Russia , Japan and other countries.

Still, I think... that of its advantages side will bring it to its good future and will last forever, it will still get a lot of support till can survive with all its characteristics and its technology. Well, I think it's worth, keeping to help everyone in financial/job matters and many other things that look like the future things.

At the moment there is no such scenario as bitcoin vs world economy. BTC market cap is just too negligible compared to world economy. it would take few decades for us to produce something like google . amazon apple etc out of cryptocurrency or may be never. so BTC vs Economy is just irrelevant.   

Bitcoin can remain the only crypto currency, but at the expense of all the others I doubt.

Youth work for real time I think it is better to invest. What world economy can be crashed by some war or else things. Bitcoin Grandad only if the electricity will die.

It is often suggested whenever this question comes up that if the bitcoin is an easier approach for the valuation of assets then why not use it for the global economy which like bitcoin is unstable and volatile, however, the reason is that the global economy runs on centralization of assets but bitcoin doesn't

America is not the one who makes the crypto world round out that in your mind,because many countries are involved in this and may have bigger contributions in market so even if us government leaves bitcoin this will continue to function,and after US restrict crypto for sure there will be another country that filled the missing part.and i believe that is china whos only waiting for this to happen before they interact again

Well, actually bitcoin helps the economy to develop and grow. Bitcoin makes every user become rich. some are totally rich and some are just average person who just make money that is not big. When bitcoin helps people to be rich, then meaning, it helps the economy to grow and develop for its advancement. No poor people in an economy, they better it is. Because the people who have mpney is more disciplined than other people who dont have and make crimes.

It might be very difficult for Bitcoin to fall apart completely. One country may not be able to completely decide the fate of bitcoin as it is decentralized.

Exactly. BTC helps the economy to develop and develop. Bitcoin makes every user rich. Some are completely wealthy and those just making money are not big. When bitcoins help people become rich, the meaning, it helps the economy grow and develop because of its progress. There are no poor people in an economy, they are better.

With less than $ 300 billion of market capitalization, the crypto market in general and bitcoin in particular can not affect the world economy, so I believe you can be absolutely convinced that bitcoin prices are rising or falling without the image. what a world economy. Bitcoin is just a tool for exchanging and its value fluctuates in great amplitude, so I believe that at this point you should speculate on bitcoin.

Currently BTC contributes to the development of the world economy, maybe in the future the explosion of Blockchain technology will help BTC connect with the real economy of the whole world.

the development of bitcoin is now very good in a very developed country compared in Indonesia sometimes just need a process so the development of bitcoin in indonesia is better .

In the future, bitcoin will strongly influence the development of the world economy. Applying blockchain technology for bitcoin transactions brings a lot of convenience and reduces a lot of costs when trading through banks.

Indeed, the volumes are still not sufficient enough for making drastic changes, however bitcoin has already started undermining the conventional economic system. More and more people become skeptical about fiat money and we will see a fully-fledged bitcoin when the next economic crisis occurs.

Bitcoins will always win because people prefer to earn more money the easiest way and cryptocurency will be the answer for the poverty of people.

US just restricted ICOs because of the rampant scams but they are certainly supportive with  the blockchain technology and bitcoin. They must be the second to China when we talk about the amount of money that is poured in the market. More than half of the world economy sees bitcoin as an advantage so they are not really against it.

Blockchain technology has skyrocketed in popularity — and for good reason. Blockchains have the potential to decentralize how trust is guaranteed in anything that can be stored digitally, which includes money, data, identity and ownership records. It is hard to exaggerate the potential disruption of legacy institutions and business models. Maybe for now, bitcoin is not strong enough to be self-sustaining

bitcoin have some connections with the world economy, but it will stick to the world economy. bitcoin has its own trend and mode of development and will not be controlled by any organizations or countries.

the world economy will not have a bad impact on bitcoin because bitcoin will be the development of a company. at this time we can see several large companies joining crypto currencies for the development of their companies.

The world economy is reliant upon us dollar for circulation and furthermore, it is not only about the trade which decides the monetary value for the world economy but global political relations between countries plays a big role in this picture whereas the process for bitcoin is quite simplified

Bitcoin represents an existential threat to the banking industry and even the monetary system itself. This may be why the mainstream news has reported the death of Bitcoin countless times over the years. It’s their attempt to scare people away and crush sentiment.
As we can see, Bitcoin is still alive and well and bigger than ever.

I think bitcoin will continue to develop rapidly if the enthusiasts are increasing every time so the existence of bitcoin becomes more popular in the various of the country and the possibility to boost the exchange rate can be increasingly soaring and the opportunity to gain profit for them as open.

I think bitcoin is independent from the world bank .. and will remain independent .. see this last time bitcoin back up slowly towards last year's high price ... I hope so

World economics and Bitcoin are different issues It is a popular cryptocarrency currency for government and people to contribute to Bitcoin Bios. Many people are working hard to earn this bitcoat, Bitcoin will make special contribution to the public and government economy. I hope future Bitcoin will be celebrated around the world.

digital banks, digital money or digital banking products will appear more and more.
Some banks around the world have agreed to join the blockchain to create a safe place to store information. This is encouraging.
If this research works well, governments will be able to levy taxes through blockchain, as well as lower costs, security, and privacy.
So, if you want to invest in Bitcoin then right now.

Bitcoin is a part of the world economy,  it does not have much influence on the economy of the world because the volume of it is very small when compared to the stock and forex market .  

Bitcoin is still developing and is gaining its place in the world market, it takes time to make an unambiguous conclusion!

Whether or not the bitcoin has survived until it started in 2009. You see that no country can dominate electronic co-ordination only that the government is really interested in. This electronic currency does not. And to determine its own destiny, Bitcoin can only depend on the digital age.

I couldn't agree more that to many governments and banks, bitcoin is referred to as something dangerous and threatening. This may not be true to some areas but this is what we are experiencing in my place. Initially, my government didn't have any knowledge about this field so there was no law for bitcoin. But after it became so popular and people in my country started to use it more, the government realised that this would be a serious threat to them since they couldn't take money away from us anymore. They started making all the fuss around how bad bitcoin is and causing us to think that bitcoin is just no more than a trouble and they are likely to ban bitcoin in the near future. I hope that they would change their mind someday.

yeah bitcoin is strong enough to defeat the world's keuangan. with decentralized blockchain technology, bitcoin can beat bank technology is quite troublesome to register, send and receive money

Not a few of the countries who think that bitcoin will disrupt the financial stability of the country. According to the Bank of England that the bank continues to monitor the digital currency and the risks posed. If some people transact exclusively using digital currencies, then the Bank's ability to influence the needs of these groups can be disrupted.

Although interest in Bitcon growing rapidly, but still in certain areas only. The bank also said that there are still significant obstacles for Bitcoin to dominate the currency in the UK. Bitcoin is unlikely to reduce the Bank's ability to achieve monetary stability. If it can ultimately, in terror, then this can change if the regular currency is abandoned for the sake of an alternative currency for the economy. But such a scenario is considered very unlikely at this time.

This will help the world economy grow rapidly thanks to the development of electronic money. It is considered a potential opportunity to be noticed in recent times. Will help the user community and people have many useful things for life.

It's quite difficult to ban bitcoin outright because of its decentralized nature. There may still be people owning bitcoin even in countries where bitcoin is supposedly banned. There are countries that are pro-bitcoin. There are still people who are gonna be interested in buying bitcoin no matter the price.

Today if anyone country ban cannot affect the bitcoin as it got so many influence that even after ban their are users who are still their who are in bitcoin even after their country ban. And their are country who have legalized it.

i think bitcoin will going to develop in a tremendous way and of course will beat every other thing that will apper against it.

hi all for now the value of hitcoin is still very stable if you compare it to the dollar as it is so difficult to predict the most important thing is that this forum we keep following until the coint increases ...

The US won't put restrictions on Bitcoin (no permanent ones anyways).  They have created Bitcoin to replace the fiat system along with being able to track every transaction.  Get in and ride the train early on and get paid!

Sometime bitcoin help world economy in a positive way and sometime it affects the  world economy in a negative way. Bitcoin help to improve the economy of many central African countries and in many countries it help to reduce the unemployment issues and this thing ultimately affects the world economy in a positive way. But its volatile nature mainly affects the world economy. Its volatility affects the investment market and this thing ultimately affects the world economy.  :)

The strength of bitcoin in its decentralization is certainly not 100% but as high as possible. After all, its production is possible by any people and in different parts of the world, remember the blockade - a very reliable system. I think it will be difficult to deal with him alone - this is a world heritage.

Bitcoin can be a serious threath for the world economy, but this is not certainly bad for us and for the world economy itself, so I`m waiting for that changes.

Bitcoin has helped the world economy, and also affected it negatively. That is why there is a low level of acceptance across the globe. But if the world leaders and financial regulators will deeply research on the potential of bitcoin, then we will be able to maximize the benefit.

If bitcoin will be banned by some other countries then it might be a huge loss for bitcoin and also for cryptocurrency.  The number of investors will surely reduced by a large margin and can affecting the demand for bitcoin.

the crypto money market has not a big volume in the world yet. but it has a great potential. it is also easily influenced by the economic events that are happening in the world.

If bitcoin starts again to uptrend I will not relate with world economic situation:) I waited too much for uptrend.

bitcoin is still relatively new in the world economy but its work has begun to appear on the surface, he began to improve many fields but not a few who oppose the existence of crypto, if you are still worried about bitcoin learn more about crypto and blockchain that you can later make a handle to start investing or trading in this field

restricting bitcoin seems to be impossible to this date, it is expanding and growing in numbers of traders and users, if america restricts the use of bitcoin is a bit too late and difficult at the same time, more countries are opening up for bitcoin and blockchain technology and i dont see any reason why a country such as america would restrict it, maybe other communist country can but not america, if america restricts it, it can surely affect the current status on the market, less demands means less expensive, surely it will affect the price.

I don't see the US actually restrainig crypto currencies but for the sake of argument, let's say it did. I'd think that Bitcoin would plummet because alot of people will dump their holdings. Smarter ones will pick them up and just up and withdraw their holdings in another country by simply crossing the border. I'd think cryto currencies could hold itself well if ever the US bans it.

Bitcoins are widely used, with international stature. It can be used to buy a lot of valuable things like real money in some places where they use bitcoin to shop online or use online services.

If the US puts restrictions on Bitcoin it will only be effective in their country and not in other countries. Any choice they are making is just for themselves and not for other countries. The only problem is that other countries are fond of following up with what the US does, so it’s likely that other countries can ban Bitcoin once they see that the US has done the same. But let us all just hope that it never going to happen.

Crypto development, especially bitcoin has been very rapid for 10 years and this has been done by many people in the world, almost all of its users receive excess benefits or profits from the previous year and this has become a major contribution to the development of the world economy

It is still in the early adoption stage and you can do whatever you want to do.

The bitcoins are pretty good and therefore there has to be some different.

This is a page for the economy. Everyone in the world today is bitcoin. This will strengthen the economy. In some countries, the government has given permission for bitcoins. This is very important to their country. Because bitcoin strengthens the economy. And when the investors invest in it, the economy will come to a better level. It also has a profound impact on the world economy

btc is the sixth largest piece of the world. even this proves how effective it can be in the world. but there is no support other than demand. The power of the dollar comes from the USA. btc does not have this either.

bitcoin stands firmly. Today it is growing around the world. These coins make the economy strong in the markets. It is also the reason for the world economic crisis in the world. This has been legalized by the government. Today, bitcoin has been expanded to digital. It helps the world economic situation greatly. It makes the economy of the world stronger by investing in bitcoin in the country. This will bring about the development of the world economy.

The stability of Bitcoin has not been proven in the long run as there are many factors impacting on this virtual currency, causing bitcoin values to fluctuate erratically with large amplitudes. Now is no longer a good time to invest in Bitcoin

Bitcoin's impact on the world economy will be felt when its capitalization exceeds the current one by several times.

Bitcoin can change the economy, make it more favorable for people, and not for officials.

Bitcoins are considered small cells in the world economy. And this cell is good, the new economy has signs of development. I think it is important to promote the potential of cryptocurrency in the market today.

Bitcoin becomes an attractive cryptocurrency. In particular, this attraction increased after Bitcoin became more and more widely recognized in trading activities, online transactions, and business contracts among financial corporations in the world.

If it is logic that the world economy with regulations made by large countries for bitcoin such as restricting or banning the use of crypto will have a negative impact on cryptocurrency, this is based on market logic. I think someone has given you enlightenment that at the time of the G20 meeting many countries said neutral and cryptocurrency had little influence on the economy of the country in that country, only 1% of the world economy.

The world economy only affects the price of Bitcoin. In the future, Bitcoin is likely to become the official currency in the economy.

Bitcoin compared to world economy is only a tip of an iceberg. The over all economy will surely not affected by the threat of up and down trend of cryptocurrency and also of bitcoin as its number one coin. Considering everything then maybe in the next few years we could already compare it.

Of US will restrict cryptocurrency, it will affect price, so this restriction will have an impact on human psychology, and in the end the price will go down.
Bitcoin is strong when folks believe it. All the charts you see are human psychology.

The present value of Bitcoin derives from the selective analysis of all participants in the market. If Bitcoin becomes more stable and accepted in more places, it could somehow increase the likelihood of becoming a currency. This is likely to be quite high.

The cryptocurrency market and bitcoin are still in the early stages of development, especially bitcoin is still confirming its No. 1 position. In the future, Bitcoin will always stand firm and gradually become a currency.

Bitcoin is still a small point on the map of world economy. This field of financial economics is currently in the initial phase of development and the impact on the entire economy is small. However, with the development of this technology and adaptation to various projects, this share can significantly increase.

The existence of the bitcoin currently already of interest many people, related to the economy is highly influential on the economy, because revenue from the digital money is absolutely huge dna devotees are also very tinghi, certainly have an effect on the economy.

bitcoin is currently still a matter of controversy and there are so many obstacles that attack bitcoin that makes bitcoin very difficult to become a world economy, but I'm sure someday bitcoin can be a solution for a better economy.

With the development and expansion of the cryptocurrency market, it has a chance to become an important part of the global economy in the future. But it takes time. Bitcoin is a relatively new element of the global economy, which has so far little impact on it.

Bitcoin is not associated with any government, but rules can directly affect how the system works. Decisions involving crypto may cause Bitcoin prices to increase or decrease. Bitcoin can always fluctuate in price, but bitcoin will always exist and grow further

Everything that has to do with bitcoin and other cryptocurrencies is all about the people that are involved in it. So even if the US decides to put restrictions on bitcoin today, I think it will only apply to those that are living in the US and not those living in other countries like Russia, Japan, Sweden etc.

So as long as those whose governments approve the use of it continues to make use of it and invest in it,  then it will continue to live. It’s all about the people.

Bitcoin is still young to compete with the global economy but as it gets stronger it can threaten it .

I don't think you should worry about the government, let alone America. For your country, bitcoin is an opportunity to hide money from taxes. It is a fact. A lot of influential people keep their money in bitcoin, so do not worry if you need to go to another country and cash your money there.

Currently some places are still unknown to electronic money. And some places are banned and unacceptable. Letting it affect the world economy needs more time. And I believe in the future it will do that and it certainly is.

Its hard for country put restriction on bitcoin because bitcoin is decentralized. Anyone can make transaction using bitcoin peer to peer. If crypto adoption become mass, i am believe bitcoin or cryptocurrency will good for world economy because tourist will more comfort carrying crypto rather than paper money

but the world economy can influence bitcoin as it is today where there are several countries experiencing economic or financial crises, crypto communities in that country can influence their trading crypto regularly, if the world economy improves I think crypto will fly again

I think bitcoin and the world economy will not be able to become opponents, I make sure they will join in the future and be mutually beneficial and I believe bitcoin can be one solution to the problems of the world economy.

Mereka para ahli ekonomi membuat forum seperti bitcoin rasanya bukan untuk tujuan merusak atau bersaing dgn uang dunia bisnis cripto ataupun bitcoin sejalan dengan perkembangan zaman mungkin saja satu satunya pilihan supaya masjarakat ada pilihan berkreasi yg tujuannya ubtuk kemakmuran.

What people don't/should understand is that BTC and other altcoins are part of the world economy. Can't be against sth you're part of.

cryptocurrency is only 1% of the world economy, but you have not yet realized that the very high leap experienced by cripto users, without us realizing the world is now changing the payment method that is still conventional and still fragmented between countries, but with crypto all boundaries between countries are no longer an obstacle,

once every currency has a different value depending on the strength of the country, it will not happen with bitcoin, the value of bitcoin is all the same everywhere, now there is no conventional currency that can do that. so in the future the world of commerce really needs such a medium of exchange.

I think if the US bans crypto currency ( which i doubt they will ) then people will still trade crypto currency and cash them out outside of the US. World economy wise, crypto currency is an avenue for average joes to produce wealth. This wealth is pumped into the local economy boosting it even more. I think crypto currency will be big given time to grow.

even today, it is not only america that is restricting it, almost major part of the world's country are not yet open into crypto and bitcoin specifically, and yet crypto world is blooming and gaining more popularity and patrons, even if america is an influencial country as far as economy is concern, still bitcoin has emerged from just being a digital currency to a common currency all over the globe, bitcoin has proven us all that it is ever growing and self-sustaining currency.

Even in the way you said it, its other way around, bitcoin is the one that have influence on global economy. Bitcoin appeared only 10 years ago and already have so many supporters, even couple countries give it legislation. As crypto community grows, that crypto influence on global economy will rise, until crypto replace economy we know. That sounds like a big dream, but very possible dream, it may come true very soon.

There will have huge investors to come into bitcoin. Maybe even the big businessmen in our time will enter to crypto. So that will means crypto and world economic will have a good future. There should have a perfect partnership of bitcoin with crypto.

Bitcoin which is a virtual currency is an economic choice in investing.

The world economy and Bitcoin are related, I'm not sure of that. How can I, I feel ineffective when there is an increase and decrease in prices and good and bad market conditions, will greatly affect economic stability. I think Bitcoin will still be a strong independent.

bitcoin and the world economy for now bitcoin is still a matter of consideration for many countries because the current condition of bitcoin prices cannot be stable and cannot be used for all countries.

Bitcoin already survive for 9 years after created. Most country in the world ban bitcoin and think bitcoin is used for illegal activity. I think if america ban bitcoin, it dont give big impact for bitcoin because many big country still accept bitcoin.

 I think it is enough to say that bitcoin can be self sustaining since cryptocurrencies were long lasting in terms in our industry. It is so much proven that bitcoin would be more long lasting in our economy. maybe some country would put restriction on using bitcoin because there are some instances that could affect economy that turns in bad. For US, i think bitcoin and world economy will be team up and resolve the main problem of the world economy. bitcoin will be the one who resolve the problem of whole world economy.

This is one liner statement but it does have some sense in it. The guy ( I guess) is saying that crypto currencies are no different than the real world assets which contributes to the economy in similar manner as if it is currency, product, services or some commodity in the real world. I guess it in nothing but truth and we should not be comparing the BTC in negative way when it comes to the effects of crypto currency and economy of the world. Also note that BTC and altcoins do hold very tiny amount of economic factor so I barely doubt that it has got any effects on it if you ever wanted to compare it.  ;)

they, especially the SEC didn't even take a stand to ban it completely until now, they just warned against acting as real transactions, and ico's investments, I'm sure they also pay attention to every proposal put forward by ETF and many things about bitcoin, I think they also want to submit active regulations even if they don't understand how.

It has sustained itself so well from last 9 years. Hackers, manipulators, regulators government and many more have tried to bring it down, but it has always proved its worth. And I don’t think economy has any affect on Bitcoin, neither Bitcoin’s adoption is strong or huge enough to affect the world economy. so go ahead don’t worry about such restrictions.

bitcoin is one of the means of payment that is the subject of conversation and debate in various countries, but, I think bitcoin will continue to penetrate things like that, bitcoin will remain strong, bitcoin will remain trusted by the community, and it is possible, in a few years In the future, government agencies will make regulations regarding this bitcoin.

No one country can prohibit or ban bitcoin because bitcoin is decentralized cryptocurrency. There is no CEO or marketing and data transaction spread on the world in every miner computer. Bitcoin can help world economy by using it as global currency because it more safe and bitcoin have secure network.

bad possibility that might happen, but it doesn't happen yet and only becomes your fear, before you decide to join cripto, one thing that you have to prepare is your mental maturity, how can you survive on crypto if you just enter you already feel fear, vigilance is allowed, but do not make us parno, how can we move if you just start to fear a lot

I think it is very little influence of government restrictions on bitcoin even though there are a little of its impacts, but this impact is not directly related to bitcoin, but through investors which is a major factor in bitcoin price movements

in my opinion lately BTC is against the world, because of the many government regulations that have begun to offend or even prohibit BTC in their countries, I don't know what their real reason is, but in terms of security or to transact BTC it has to be strengthened again, so that in the future the community more trust and we will talk about, world love BTC :)

Bitcoin is sufficient enough to handle its own obligations,but if you are only concerns abiut US restrictions then we don’t care about that because we’re from other region and US restrictions wont affect our locations

But you being US citizens then be ready about his because this is a serious concern

Yes, the current cryptocurrency is still growing, and he is still very small. But the future cannot be ignored. No one can predict the future of cryptocurrencies, but I know that the dollar is most worried about cryptocurrencies.

Bitcoin is a future digital currency.  It changes the most of the people lifestyle. Now Bitcoin is part of the people. So people believe the bitcoin and invest a long time.   The economy is part of the county. If people will be growth country economy and country also growth. It a good future investment. The economy is connected to the all country business. So it helps to people growth and get more project work for the future purposes

Only US citizens will face with this because other than US almost all the countries have convenience of Bitcoin to their people. Restrictions will do nothing but may be some investors left this as it is decentralized so there is no right of everyone to make some restrictions. If government cares about other issues related to the Bitcoin then they should solve those issues rather than restricting things here.

I think its pretty bad to say versus between bitcoin and world economy. Because bitcoin is very helpful to the economy. If you notice he give poor to be rich and the things that you cant buy before now you can buy it because of bitcoin.

The world economy has been developing for centuries, and bitcoin is only 10 years old ! And that would capture Lord in this world, he will need some time, of course not century, so as technology in our time rapidly develop but would still time need!

Even if the US put certain restrictions on bitcoin it will continue circulating in other countries - Canada, European and Asian states, and don't forget the increasing interest in crypto in Africa. Btc will definitely not fall apart, so you can feel safe about your investment in bitcoin for at least several upcoming years (or even decades).

it wont take their interest at this moment, not until when its too late where almost every one is using it.

Based on the current events and as what I have observed, the world economy can have an impact to bitcoins usage and volume as it may affect its price. Bitcoin serves as the secondary tool for moving money aside from bank to bank transactions or just directly handling it over. It is limited in volume and is dependent upon usage for pricing. Bitcoin may somewhat be considered a stand-alone currency yet it is still based on fiat and any change in the world economy affecting fiat also affects the cryptocurrency world. Bitcoin is strong and there is no need to really think about it negatively. You can always start investing

quite strong, bitcoin is decentralized and no one is able to stop the circulation of bitcoin supply in the global market. unless the country closes the bitcoin exchange site to fiat or blocks the flow of connections to the bitcoin wallet, it will make the situation less good.

<> Bitcoin Although there are risks associated with usage, Bitcoin can expand the possibilities of economic activity and redefine how e-commerce is done. Although it is important to be aware of the risks and implications of using technology, especially from a government perspective. It remains to be seen whether international consensus will emerge in the face of fiscal risks and related legal issues in the use of bitcoin. I think this is a positive thing for the government (US). United States of America.

<> As the global economy increases, the world is supported by highly sophisticated digital technology, the need for society for bitcoin will be faster, ease in access and security of financial transactions, which is very fast. So that a payment system that is quite reliable and easy for Bitcoin is needed, this is a sign that bitcoin can be classified as independent.

Conclusion:
Bitcoin does not negatively affect the world economy, it is more positive about the wider community, especially Bitcoin users, so you don't hesitate to invest in Bitcoin.

I read the  US once banned people from keeping precious metals like gold, was that decision right? Ofcourse not. Did it stop the citizens from holding gold? I doubt. People must have created means to hide and use their gold as a result of the policy.
Same thing will happen if Bitcoin/Cryptocurrency is banned by any government. There is nothing immoral about using Cryptocurrency. It is merely a currency which People could use positively or negatively just like any other thing

I am sure that someday bitcoin can be a solution for a better economy even though bitcoin is still controversial and there are so many obstacles that attack bitcoin that makes bitcoin very difficult to become a world economy

There is no trouble for governments of countries where the Bitcoin is legal but they can get the benefit of it too as we have clear example of Germany. They accepted the crypto coins and now they made rapid actions towards it by making it common as payment mode besides which banks are paying their loans through the Bitcoin so these are the ways through which government can boost economy.

Currently BTC is still very weak compared to the world economy. but I am sure that someday BTC will be able to control the growth of the world economy. this is because btc is very easy to transact between countries without interference from other parties.

World economies may be affected by bitcoin but not in much quantity and bitcoin is good for those who are unemployed if they have talent and skills they can make money with it and t is good for capitalist also because they can make money with their capital so on the other hand crypto is for every one for individuals for business man and for every one who can use it.

Bitcoin is considered the Uber of the World's virtual currency: the largest and best known, but not the only one. There are also Litecoin, Monero, and all other virtual currencies. The total value of virtual currency currently floating on the Internet is $ 100 billion. This is equivalent to the current GDP of Morocco, the 60th economy in the world. The operation of virtual currencies is not controlled by the government and banks.

 
The bitcoin price is a bit tied to the stock index, if there is a panic in the stock market, then the bitcoin price will fall.

Yes I agree. Bitcoin become stronger. It can make  big changes to our global economy.  I think government should adjust in this circumstances.

I think not enough, bitcoin need many country to accept bitcoin as their currency, bitcoin will strong and i think bitcoin will help economy in any country if many country used or invest in bitcoin. This year china banned bitcoin and some country and bitcoin price is going down.

Bitcoin cannot affected the world economy directly but yes bitcoin may affect it in other ways, I just hope that time will come and bitcoin can also be able to consider as a digital currency in the future.

I see that there is no meeting point about how much the role of bitcoin for global economic growth, even in the G20 conference meeting attended by several countries, it has not shown strong enthusiasm that supports the existence of bitcoin. I think bitcoin will grow on its own to advance the economy individually but not globally.

It is not only currency but it is the best source of earning for a lot of people now, so it is best time to invest as we are aware of bitcoin benefits, it is taking good part in putting out country on track of success and development, it is making high progress in my country because it made people employed and has given them better lifestyle, so I think bitcoin is importance to make world’s economy well developed.

Bitcoin is the best solution that is ignored by governments and rotten politicians they are complete, don't understand in analyzing the economic condition of their citizens. In my opinion, bitcoin is the answer to what its citizens need right now?
Basically bitcoin is good, but everything goes back to the mindset of governments in their respective countries, if they are more loyal to their citizens maybe bitcoin can be used as the main source of income for all citizens and vice versa if their mindset is negative, I guarantee! They can never make their citizens rise from adversity.

I think that it is not "VS" but it is "together" or "for" because BTC starting to play a very  important role in changing future economy as well as the whole crypto.

Look, holding cryptocurrencies is very risky, there is no guarantee that you are going to make money in this market, so if you are not truly convinced of the capability of bitcoin to withstand anything that the government may try to do to it, it is better for you to stay away from this market until it becomes more popular, because the people that invested with your mentality are precisely the ones that lost money.

If US decide to put restriction on bitcoin, it will huge problem for bitcoin because america is one largest investor in cryptocurrency. But i do believe bitcoin still survive and self sustain because its decentralized system and every one still use bitcoin as store of value

Every country has an economy that develops in a different way. For Bitcoin, the impact on financial markets is huge. These may be effective solutions for boosting cryptocurrency worldwide.

I agree that bitcoin is not an enemy of anything, but complements to make this world a better place. So that the economy becomes more efficient and equality between countries because bitcoin removes the stigma of currencies from developed countries or poor countries. Bitcoin makes everything the same.

significant or not  america has influence to cryptocurrency market.moreover they have SEC commision that very influential in each of their policy.so america has big contribution to this market.

Bitcoin is something that is able to improve the economy of the world and is not something that should be thought of as against the economy therefore the question is redundant.