Is the economy situation in your country that bad?

[buharikx31]

My country's economic situation is very good, the worrying is the political situation, quite seriously because many people differ in politics and they are insulting each other. I hope this political situation will not be bad for the economy

In my country the tax institution try to make an intervention to the bank, and the institution is trying to monitoring every bank account to get the data about the customers. that's really bad and more people try use bitcoin right now. Too many intervention in my country.

The same situation i can monitor here, that the biggest bank in my country bought by our goverment, directly we have a really bad economic situation right now and really low sallaries. I think our goverment also intreste d on our data as your's tax institutution intervent in to a bank

[ariie]

Indeed the economic situation in our country is still very bad. Because a lot of unemployment from the field work ..

[yellow1]

Yes, In my country is bad economy situation. In my country many has jobless even if they finish they study because in my country is due to low value of money and the salary is not still up. Because the economy is bad and not responsible to people to give job and the economy is down. And the corrupt government was also impact in the country that's why the situation is bad. Because of this situation many people find job in the other country. There are many factors that affect the country and many problems faces by the government. But the government is still help how they improve the country. Just say about the terrorist affect in the county also.

[ScriptYoYo]

Unfortunately in our country everything is bad, because there are a lot of corrupt officials. The entire budget of the country goes off-track. It's good that there is an opportunity to create a small income on the Internet.

[Xenophoto]

Unfortunately in our country everything is bad, because there are a lot of corrupt officials. The entire budget of the country goes off-track. It's good that there is an opportunity to create a small income on the Internet.

Your income in the Internet or any other's income in the Internet doesn't solve any of that corrupt government problems at all. It simply saves yours. To actually save yourself from these people, you would have to earn everything of your income from the Internet. But they are still going to be able to get tax from you. How? With anything that you buy, there's 12% that goes directly to the tax.

[merchantofzeny]

Philippines - economy is OK - assuming you're rich enough. It's one of those countries tagged as booming though much of the population is not feeling "progress". I suppose this "boom" is going to end now with ISIS-affiliates now openly spreading terror here.

[yellow1]

The economy situation in my country is bad because there are many happen right now in my country like attack of terrorist. Corruption of the governments is also a problem. There are many people is jobless the government not gives opportunity to gives job and work. Governments also are lack to providing in assistance to people and lead to people become rebel. It is very bad happening right now in my country a soldier and terrorist fighting and many innocent people is affected and many soldier died. Right now government faces many problems and big problems is attacking of terrorist and rebels but they are fault.

[Siren]

The economy situation in my country is bad because there are many happen right now in my country like attack of terrorist. Corruption of the governments is also a problem. There are many people is jobless the government not gives opportunity to gives job and work. Governments also are lack to providing in assistance to people and lead to people become rebel. It is very bad happening right now in my country a soldier and terrorist fighting and many innocent people is affected and many soldier died. Right now government faces many problems and big problems is attacking of terrorist and rebels but they are fault.

I hope everything will be OK in your country. Those terrorist are really affecting not just the economic situations, but the citizens as well. The war on terrorism is not just in your country, this is a worldwide cancer now.  I just pity on innocent lives who are caught in the cross fire of this war.

[doomloop]

The economy situation in my country is bad because there are many happen right now in my country like attack of terrorist. Corruption of the governments is also a problem. There are many people is jobless the government not gives opportunity to gives job and work. Governments also are lack to providing in assistance to people and lead to people become rebel. It is very bad happening right now in my country a soldier and terrorist fighting and many innocent people is affected and many soldier died. Right now government faces many problems and big problems is attacking of terrorist and rebels but they are fault.

I hope everything will be OK in your country. Those terrorist are really affecting not just the economic situations, but the citizens as well. The war on terrorism is not just in your country, this is a worldwide cancer now.  I just pity on innocent lives who are caught in the cross fire of this war.

yes you are right the terrorism is not only in a country it is all over the world and yes it is like a worldwide cancer now and this terrorism not only afffect the economy of the country but it affect all the positive processes of a country and it also affect the development and progress in a country .

[just_Alice]

Some might say that the economy situation in my country, Ukraine, is bad: corrupt politicians, high taxes, high utility charges and so on. But from my perspective it is still much better than it was before when I was a child. I can see that there are a lot of small restaurants around and they are all packed in the evening so people have money to sit there, right? Also you can easily exchange BTC for our local currency and I don't mean the LocalBitcoins, there are sites which exchange with better rates and transfer money directly to your CC charging nothing for that.

[Kimi80]

Situation is pretty bad looking in my country, especially on south. But I think that politicians are doing their job very bad. When you find yourself wanting to leave because of lack of any perspective, than you know that everything gone apart. With crypto currency I do get an add cash and it helps me a lot. Without that I would be devastated.

[grermezter]

My country's economic situation is very good, the worrying is the political situation, quite seriously because many people differ in politics and they are insulting each other. I hope this political situation will not be bad for the economy

Good for you dude, our country is rich in terms of minerals and supplies but it is run by corrupt leaders so I would say our economy is bad, high unemployment rate which would result to a higher poverty rate. I am lucky I discover the crypto world, I am not fully affected by my countries situation and all I worry is the security and I hope the government can maintain the peace and order.

It was the same with our country, the previous government was very corrupt, but with three new President everything is working out very well, there has been lots of taxes cut.

[Kevin77]

Situation is pretty bad looking in my country, especially on south. But I think that politicians are doing their job very bad. When you find yourself wanting to leave because of lack of any perspective, than you know that everything gone apart. With crypto currency I do get an add cash and it helps me a lot. Without that I would be devastated.

From your statement what I understand is, if you go for spreading bitcoin awareness in your country there could be more chances for people will be adopting it as per your country situation. When people are not having faith with their local currency, the chances of adopting bitcoin will be more.

It is already happening in many country, you may try with your people.

[just_Alice]

Situation is pretty bad looking in my country, especially on south. But I think that politicians are doing their job very bad. When you find yourself wanting to leave because of lack of any perspective, than you know that everything gone apart. With crypto currency I do get an add cash and it helps me a lot. Without that I would be devastated.

Cryptos are helping me too and I think there are many people like you and me around the world. That's what is good about the cryptos, no matter how bad the economy situation in your country is, cryptos are helping you to survive.

[Kimi80]

Situation is pretty bad looking in my country, especially on south. But I think that politicians are doing their job very bad. When you find yourself wanting to leave because of lack of any perspective, than you know that everything gone apart. With crypto currency I do get an add cash and it helps me a lot. Without that I would be devastated.

From your statement what I understand is, if you go for spreading bitcoin awareness in your country there could be more chances for people will be adopting it as per your country situation. When people are not having faith with their local currency, the chances of adopting bitcoin will be more.

It is already happening in many country, you may try with your people.

Despite the situation I managed to convince just one of all the people that I talked about to enter a crypto currency world. And big reason for that one is casinos with their good offers because he is a passionate gambler. All the others I don't know why do not give a chance to bitcoin and other coins, don't know if they really know that  to but at the end it's their loose.

[Bakemat]

It seems there are bad news all around with doom and gloom. Trade figures going down, jobs cuts, security situation not going well, and bad loans.

Is the economy situation in your country that dismal? Or this is just some fear mongering?

Our country's economy is in an upward trend. Though some may say that this is a fake inflation rate due to some investments by higher and bigger companies most economists predict that this is not sustainable. With the war on drugs and some other issues persisting such as corruption, as this is a major concern for some investors. Also with the tax rate in the company some investors are having second thoughts. Employment rate is also thing that comes to mind which drive some entrepreneurs to bitcoin and new horizons.

[iamTom123]

Unfortunately in our country everything is bad, because there are a lot of corrupt officials. The entire budget of the country goes off-track. It's good that there is an opportunity to create a small income on the Internet.

Corruption is a big hurdle towards economic progress. This is the reason why people should start to change their paradigm on the government and start to demand real actions and accountability so that budgets can really go for good projects and services for the citizens. Change for the better is not always easy as there would be a continuing tug of war between those who want the status quo and those who are looking for the silver lining in the darkness they are in.

There are no shortcuts sometimes with this problem not unless there would be fast and lightning change of guards of those in power. When corruption would soon to political instability then that is when things can get so problematic as political instability can also lead to economic slowdown which can results into joblessness, crime and chaos.

Sadly this is a situation where many countries are still are even if we are already in modern and internet-connected world.

[itsallpc]

our country India is facing the worst economic situations now.GDP rate has fallen from 7 to 6.1.Due to demonitization,more people have lost their jobs,production has gone down in industries.People even struggle to get their daily wages.Government said that it would destroy black money by demonitizing high value notes,but it failed to deliver the expected results.Instead,it has made country's economy to fall down.

[ClaraLuV]

I am not aware of the entire economic situation of the country but one thing i know is that it is pretty hard to land a good job and it really sucks if you are looking for a higher pay,it is becoming hard to land a dream position now a days and the competition is really high.

[SaShiRaJaVu]

GDP rate has fallen from 7 to 6.1.Due to demonitization,more people have lost their jobs,production has gone down in industries.People even struggle to get their daily wages.Government said that it would destroy black money by demonitizing high value notes,but it failed to deliver the expected results.Instead,it has made country's economy to fall down.

Sure the demonetization did not bring the desired results and it was expected that it wont get those desired result,but one thing they did was they started monitoring all the accounts that got insane amount of money during the demonetization period and expect income tax raids in the following years,what they did to the entire county which consist majority of common people who earn a moderate wage is that to catch a few high rollers who are invading tax they brought a change that no country would do.Reforms are good but they have to take into consideration the common man's problems first.