Can bitcoin improve the economy of a country?

[Hotel_Prodeo]

Until now I've never heard that there are countries that help the economy because bitcoin, if it can make someone rich maybe yes, but that does not mean help nationally.

[Bitcoincole]

Until now I've never heard that there are countries that help the economy because bitcoin, if it can make someone rich maybe yes, but that does not mean help nationally.

I think the government of rich countries are working the possibility on how to governed the laws because the outcome if this will be implemented brings the improvement of the economy in a country.

[DIAH PERMATASARI]

If a country that has received bitcoin means a country that will improve its economy, I hope all countries will accept the existence of bitcoin right now.

[BarbieCasino]

Bitcoin is a threat to the economy of any country. But first of all will suffer the US economy. I am sure that soon we will see a real war the us government against bitcoin. We will need to have a lot of patience and trust to bitcoins to win this war.

look it is not threat to economy of any country. No country’s economy will harm by bitcoin. I think bitcoin is the sight of relief for unemployed people. Because they can easily run their houses and make their children happy and get them better education. I mean isn’t that good??? Now a day you see that unemployment rate in US is decreases because of bitcoin.

[Superways]

I don't think so. It only improves the economy of some groups that use bitcoin. how it can improve the economy of a country if in some countries bitcoin still not legitimately accepted as a method of payment, besides the government will have difficulty determining the tax from the use of bitcoin

Improve of economy by bitcoin is very easy if government take some action which is known as legal action like they provide to people funds by bitcoin they purchase some bitcoin and distribute them into economy so that's the way the can improve the economy because it is easy for bitcoin. So i will prefer that government should take some actions as well.

[Gameroid]

I don't think so. It only improves the economy of some groups that use bitcoin. how it can improve the economy of a country if in some countries bitcoin still not legitimately accepted as a method of payment, besides the government will have difficulty determining the tax from the use of bitcoin

Improve of economy by bitcoin is very easy if government take some action which is known as legal action like they provide to people funds by bitcoin they purchase some bitcoin and distribute them into economy so that's the way the can improve the economy because it is easy for bitcoin. So i will prefer that government should take some actions as well.

in fact bitcoin is providing opportunities to its people to make money from bitcoin, and specially to those people who do not have any day job so in this sense bitcoin is really improving the economy of a country. i think i present time as the population of the world is increasing and therefore the unemplyment is also increasing so in this sense bicoin is also too much important.

[Sled]

I don't think so. It only improves the economy of some groups that use bitcoin. how it can improve the economy of a country if in some countries bitcoin still not legitimately accepted as a method of payment, besides the government will have difficulty determining the tax from the use of bitcoin

Improve of economy by bitcoin is very easy if government take some action which is known as legal action like they provide to people funds by bitcoin they purchase some bitcoin and distribute them into economy so that's the way the can improve the economy because it is easy for bitcoin. So i will prefer that government should take some actions as well.

in fact bitcoin is providing opportunities to its people to make money from bitcoin, and specially to those people who do not have any day job so in this sense bitcoin is really improving the economy of a country.

I agree to that, bitcoin is now an opportunity for the people who do not have any kind of job because bitcoin can be a source of income as long as the person is determined to do it with his best. If the people who doesn't have any regular job and if they will be on bitcoin and earn much money then it will help to the country's economy because the tax of the items or things that they purchased will be added on the gross income of the country.

[youngagethinker]

Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?

Yes I think bitcoin improve the economy of the country not because bitcoin price is high but because there are many people who do bitcoin. In my country there are many unemployed person not only because they are. Ot fit to work but because  companies already have person to work for them so they have all person they need. In that case, they may do bitcoin. So they have no real job but they earn because of bitcoin. Now, if people have money, they have the power to buy certain things. Through the food or anything people buy, it has a tax qnd this tax is given to the government. As simple as:
The more the people who have most money the more the tax the government get. So the economy of this country will grown.

[jamids]

It can improve the economy of a country if the investors in that country spend bitcoin to make some businesses that can help people have jobs and then invest more in bitcoin so that when its value appreciate, it can build more projects hence more jobs for the people. It can help improve the economy depending on who holds the coin.

[deisik]

Bitcoin is single-handedly responsible for creating hundreds of multi-millionaires from nothing.
If it can do that, it can also raise a country up from nothing.
Imagine if a poor country invested a few million in crypto in 2011/2012/2013... they would be rich now.

I think it is certainly possible for a small country

I mean really small countries (also known as ministates) with the population of a few (dozen) thousand people like Nauru or Tuvalu. They could hypothetically become cryptocurrency processing hubs (provided they have fast Internet connections, of course) if their governments went all in into cryptobusiness. Some states (like Marshall Islands or Andorra) basically went this path in the past and became tax haven states allowing many foreign companies to get registered there and thus escape paying heavy taxes in the countries of their primary operation

[Ivan16]

Many country use bitcoin i think because have a hugh number of users,but today bitcion help people to buy or sell online with bitcoin and on this way we improve economy.But in furture bitcoin have chance to be very significant part of economy and increasing living standards.

[kodtycoon]

Many country use bitcoin i think because have a hugh number of users,but today bitcion help people to buy or sell online with bitcoin and on this way we improve economy.But in furture bitcoin have chance to be very significant part of economy and increasing living standards.

Bitcoin users have grown tremendously and are increasing in all countries, proving so enthusiastic about people who have believed bitcoin and I'm sure they continue to use bitcoin because they feel bitcoin has helped improve the economy in their lives.

[btcgarden12345]

I think it could help but on what level depends of its users number.

[Rostadom]

Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?

Yes I think bitcoin improve the economy of the country not because bitcoin price is high but because there are many people who do bitcoin. In my country there are many unemployed person not only because they are. Ot fit to work but because  companies already have person to work for them so they have all person they need. In that case, they may do bitcoin. So they have no real job but they earn because of bitcoin. Now, if people have money, they have the power to buy certain things. Through the food or anything people buy, it has a tax qnd this tax is given to the government. As simple as:
The more the people who have most money the more the tax the government get. So the economy of this country will grown.

I sort of disagree with the tax thing that you just said. There are countries that no matter how much tax they accumulate, it will never be enough to cover the debt that they have from other countries. Plus, there are also countries where the government is totally corrupt so an increase of the tax collected will just be an increase for the money that they corrupt. Nonetheless, bitcoin improves the economy of a country in a way that the people aren't dumb of the newest technology and they are making money from it. The people living there can afford things (because of bitcoin), therefore, the economy has grown.

[conected]

I don't think so. It only improves the economy of some groups that use bitcoin. how it can improve the economy of a country if in some countries bitcoin still not legitimately accepted as a method of payment, besides the government will have difficulty determining the tax from the use of bitcoin

Improve of economy by bitcoin is very easy if government take some action which is known as legal action like they provide to people funds by bitcoin they purchase some bitcoin and distribute them into economy so that's the way the can improve the economy because it is easy for bitcoin. So i will prefer that government should take some actions as well.

in fact bitcoin is providing opportunities to its people to make money from bitcoin, and specially to those people who do not have any day job so in this sense bitcoin is really improving the economy of a country.

I agree to that, bitcoin is now an opportunity for the people who do not have any kind of job because bitcoin can be a source of income as long as the person is determined to do it with his best. If the people who doesn't have any regular job and if they will be on bitcoin and earn much money then it will help to the country's economy because the tax of the items or things that they purchased will be added on the gross income of the country.

- Personally, I think Bitcoin only improve part of the economy, can not improve completely because Bitcoin really not too popular, only young people and working regularly on computer know bitcoin, and not all of them have enough patience and effort to make money with bitcoin, mostly they are depressed and give up after a short time. So I believe bitcoin only improves a very small part for the economy of a country, even it could be no

[Barbut]

Bitcoin is a threat to the economy of any country. But first of all will suffer the US economy. I am sure that soon we will see a real war the us government against bitcoin. We will need to have a lot of patience and trust to bitcoins to win this war.

look it is not threat to economy of any country. No country’s economy will harm by bitcoin. I think bitcoin is the sight of relief for unemployed people. Because they can easily run their houses and make their children happy and get them better education. I mean isn’t that good??? Now a day you see that unemployment rate in US is decreases because of bitcoin.

Its a threat, cause dollar bills needs to be created, distributed, secured if bitcoin replace dollar then many people will lose their jobs. Its threat for the system in that way, but that is ok by me, cause everything advance sooner or later, when first machines were created many people lose their jobs cause machine can do it better, machine can work day and night.
I saw some news on television and in US technology sector is huge, and there is more work for people with that skills. US with many billionaires is investing in that sector and that`s why unemployment rate in US is decreasing, we can`t say that all the countries in the world are on same technology level like US is.

[adam1230]

if a country find a way to generate cheapest electric in the world then yes.
otherwise bitcoin will not improve any countries economy

[Tungsten-1]

I don't think so. It only improves the economy of some groups that use bitcoin. how it can improve the economy of a country if in some countries bitcoin still not legitimately accepted as a method of payment, besides the government will have difficulty determining the tax from the use of bitcoin

Improve of economy by bitcoin is very easy if government take some action which is known as legal action like they provide to people funds by bitcoin they purchase some bitcoin and distribute them into economy so that's the way the can improve the economy because it is easy for bitcoin. So i will prefer that government should take some actions as well.

in fact bitcoin is providing opportunities to its people to make money from bitcoin, and specially to those people who do not have any day job so in this sense bitcoin is really improving the economy of a country.

I agree to that, bitcoin is now an opportunity for the people who do not have any kind of job because bitcoin can be a source of income as long as the person is determined to do it with his best. If the people who doesn't have any regular job and if they will be on bitcoin and earn much money then it will help to the country's economy because the tax of the items or things that they purchased will be added on the gross income of the country.

- Personally, I think Bitcoin only improve part of the economy, can not improve completely because Bitcoin really not too popular, only young people and working regularly on computer know bitcoin, and not all of them have enough patience and effort to make money with bitcoin, mostly they are depressed and give up after a short time. So I believe bitcoin only improves a very small part for the economy of a country, even it could be no

yes still now bitcoin can improve a small part of a country economy, because many people have no idea about bitcoin that how they will use it and some people are not know about it so i think the main reason is that many countries did not accept it their no knowldge of bitcoin. But i think if all the government see that it goes to development there has chance to it that they accept it their country.and then bitcoin improve the all part of the economy of a country.

[btcjocan]

I don't think so. It only improves the economy of some groups that use bitcoin. how it can improve the economy of a country if in some countries bitcoin still not legitimately accepted as a method of payment, besides the government will have difficulty determining the tax from the use of bitcoin

Improve of economy by bitcoin is very easy if government take some action which is known as legal action like they provide to people funds by bitcoin they purchase some bitcoin and distribute them into economy so that's the way the can improve the economy because it is easy for bitcoin. So i will prefer that government should take some actions as well.

in fact bitcoin is providing opportunities to its people to make money from bitcoin, and specially to those people who do not have any day job so in this sense bitcoin is really improving the economy of a country.

I agree to that, bitcoin is now an opportunity for the people who do not have any kind of job because bitcoin can be a source of income as long as the person is determined to do it with his best. If the people who doesn't have any regular job and if they will be on bitcoin and earn much money then it will help to the country's economy because the tax of the items or things that they purchased will be added on the gross income of the country.

- Personally, I think Bitcoin only improve part of the economy, can not improve completely because Bitcoin really not too popular, only young people and working regularly on computer know bitcoin, and not all of them have enough patience and effort to make money with bitcoin, mostly they are depressed and give up after a short time. So I believe bitcoin only improves a very small part for the economy of a country, even it could be no

yes still now bitcoin can improve a small part of a country economy, because many people have no idea about bitcoin that how they will use it and some people are not know about it so i think the main reason is that many countries did not accept it their no knowldge of bitcoin. But i think if all the government see that it goes to development there has chance to it that they accept it their country.and then bitcoin improve the all part of the economy of a country.

I agree with you. Though bitcoin has a dicrete way of helping most of the countries including mine, that will definitely has a big name with many businesses or percentage that makes investors richer. However, it's not yet fully adopted to everybody. But maybe there's a big chance someday and I'm waiting for that.

[Kompodd]

I think that bitcoin will be able to improve the economy of the country if it becomes accepted as payment in all places in the country. So more people will start paying with it and improve the financial situation in the country.