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Does Bitcoin affect world trade?
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Topic: Does Bitcoin affect world trade? (Read 1172 times)
jonaire99
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Activity: 588
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Re: Does Bitcoin affect world trade?
September 12, 2018, 09:09:11 PM
#241
Bitcoin is not yet widely use in global transactions so it won't affect any global trade. Governments and international traders uses the fiat in their tradings and business transactions instead of bitcoin or any cryptocurrency. There is a need to legalize the bitcoin first in every major countries before it can be utilize it as one of currency for global trade.
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Motokonomo
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Re: Does Bitcoin affect world trade?
September 15, 2018, 08:24:00 AM
#242
Maybe this could change when the usage keeps growing, and now some African countries making it for their trading needs seems to be the start. They use it, because they need to carry bags and bags of currency as their money is completely valueless. Bitcoin provides with the ease of accessing.
Kusnechik
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Re: Does Bitcoin affect world trade?
September 15, 2018, 08:25:56 AM
#243
Bitcoin does not yet affect world trade, although his quotes are already beginning to be present on major exchanges.
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strideynet
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Re: Does Bitcoin affect world trade?
October 19, 2018, 09:31:23 AM
#244
while the turnover of cryptocurrencies is not so big, in order to influence the overall economy
strunberg
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The Change Ltd - 250+ coins
Re: Does Bitcoin affect world trade?
October 19, 2018, 12:02:59 PM
#245
Quote from: Kusnechik on September 15, 2018, 08:25:56 AM
Bitcoin does not yet affect world trade, although his quotes are already beginning to be present on major exchanges.
someday if bitcoin adopted in international trade and used as payment system replace L/C we will see bitcoin give influence in global trade.
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asayoyaasa
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Re: Does Bitcoin affect world trade?
October 19, 2018, 03:15:51 PM
#246
I think its has affected world-wide trade. So many whales that joined in this crypto trade, yeah as you can see that dump and pump price supported by whales lol
Cryptocurrencies already traded on meta trade platform, they all paired by usd, It make crypto gain its interested person on it.
DiabolicAnt
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Re: Does Bitcoin affect world trade?
October 19, 2018, 04:44:58 PM
#247
Now that crypto is nearly forbidden in many countries it seems impossible to be but maybe in future when crypto becomes more accepted everywhere this could happen.
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