How is Bitcoin changing the economy?

[Nheer]

Bitcoin is changing the economy in different ways. Let me tell how bitcoin is changing my own economy. Mostly because the younger working class people are the one who use bitcoin, in a way bitcoin has allowed for more money to be in circulation in the country. Younger folks do jobs and prefer to earn in bitcoin which they would later convert to our local fiat and spend it on stuff in the marketplace and other places. This one goes back into the economy and more money goes into circulation. This more money in circulation helps the economy because it increases spending, production, and investment.

You're not wrong, with Bitcoin more individuals have been exposed to more finances making more money to be in circulation and the economy is surely benefiting from it as well. I believe we we are from the same country. Also it has being a source of livelihood to some people, it has given work to so many young people in the country so some people are not affected by the lack of employment opportunity in the country and so can be seen as an employment opportunity.
The impact Bitcoin might have on a country's economy might not be much but is enough to change the lives of some people in the country.

[summonerrk]

Bitcoin can change the economy of any country in the most incredible way, but the banking system will never agree to this, because the introduction of Bitcoin will literally mean its death, because the banking system acts as an intermediary that only collects money for transfers or services that are not worth as much as bank users pay them.
And banks are centralization and no one wants their deposit to be frozen. But banks can do this, unfortunately.

[dezoel]

Say the truth and let the devil be ashamed they say, I don't see any way that Bitcoin is changing the economy of my country, everyone want to buy and make money from the appreciating value of Bitcoin, that's all.

My country consist of vampires as leaders that are always ready to suck people of their money to the very end, so even if Bitcoin can change the state of economic growth in my country the leaders won't let it show.

I don't know about other people's country and how Bitcoin is helping them but in mine it's something else completely.

I would say that if your nation could take the benefit of it and people could work for overseas people and make better money, that is how they would improve. We already had that with paypal type of stuff but paypal has been terrible for years now, I think it's been more than five years now where Paypal is not used by many people because they just simply steal your money.

Paypal has stolen billions from people all together, and they just say "you did something against the policy" and move on and keep your money, all they have to show the government is that they are not spending your money, but that doesn't mean they can't invest your money, so they make money from your money. It's really disgusting and bitcoin could fix that and you can work for some European and make more money.