Can bitcoin improve the economy of a country?

[ViperCS]

Yes i think it can improve.  Because now a days many people are aware about bitcoin earnings.  Tradings,  investment in bitcoin.  Also many countries have accepted working on crypto currencies. Bitcoin wil play crucial role in changing our economical system.  Also there are some signature campaigns through which we can earn more.

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[djselery]

Bitcoin can improve the economy of a country in many ways. Its firstly helping to decrease the number of unemployed people because it give so many people their opportunities to earning money online, also this will help to fight the poverty and increase the economy. Also bitcoin can help to motivate more people to start new projects based to the blockchain technology.

[EdenHazard]

It may help improve as long the person wich use bitcoin fill the declaration saying he or she has bitcoins, besides those bitcoin and crypto are making the money to circulate no matter if you live in Usa, Europe or third world country, you will be able to acess the same value for bitcoin worldwide. The money into circulation can change anyone life anytime, crypto is full of opportunities, lets look at Japan, which legalized bitcoin, wonder how many companies had open already to support bitcoin and collect bitcoin for services.

yes it is make you have a high payrates when you are come from the third world.

why? because you are getting paid in bitcoin when you do business for example and usually those people who pay from the first world will see it as a cheap one when you think it is more than enough to get profit. that is in my scenario why bitcoin could improve economy of a country.

[Lazada]

There are many people who feel a much better improvement in life after getting to know bitcoin. So in this way the muscle of a country will have an increasing number of rich people, so I think the economy of a country will get better. In fact today bitcoin is very helpful to improve the lives of many people around the world.

[Gumpfire]

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?

In my own personal opinion, bitcoin can really improve the economy of a country because it is very easy to earn money in bitcoin that's why there are so many people who began interested to use bitcoin as a source of income. Bitcoin can improve the economy by giving everyone a source of income to provide their own basic needs.

[valvevow]

I think that on the economy, bitcoin has no influence and can not improve it.Just now bitcoin become more popular and has many users. Maybe in the future. But it is too early to talk about it.

[emezh10]

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?

I think both. Because the preference to say that they are claiming that bitcoin can improve their country's economy because we all know that its price is really fast rising that makes many people got attracted with it. As long as there are many people using bitcoin in one coutry, I think it will be possible to improve the economy of one country if its people will use it to improve their own country.

[PMmesexycoins]

It can, but it's a complex matter. I think it would be better to ask whether the concept itself can, rather than just btc here.

[Casdinyard]

I think that on the economy, bitcoin has no influence and can not improve it.Just now bitcoin become more popular and has many users. Maybe in the future. But it is too early to talk about it.

Yeah I think so. Bitcoin is decentralized so the government is hands off to do this so as well as ou economy. As we can see now btc is always fluctuating but our economy is not affected even a little. Maybe btc will affect our economy once our government takes full control of this but this will never happen. However, bitcoin can help improve our economy but not directly though.

[Whosdaddy]

Of course, and it already has. Anything that cause the positive and sometimes even the negative movement of money in an economy is an improvement. Crime is fine, and whatever base is used to move that money is fine. It is not about the source of the movement, the type of movement or the end destinations, it is about moving money and moving it more and more, any reason, any source, any time.

Bitcoins are meant to be made legal before they can benefit any country economically. We need to put pressure in a positive way on our governments to make these brilliant coins legal in order to give public good deal of freedom for using their money. Bitcoins have potential to increase the economy.

[Franky00]

Bitcoin can not improve the economy of the country, it can improve the financial situation of the person who earns money with him. Bitcoin is just a currency, not a means of regulating the economic situation in the country.

[fullhdpixel]

Bitcoin is very useful as a new stream of investment, with proper regulation. After all, it can destroy the national currency, and the economy is unlikely to raise, tax is not taxed, but people's livelihood will rise.

Bitcoins are great in giving people new job opportunities and turning unemployed people into the useful characters of the society but I don’t think so they are going to destroy national currency in any way. Bitcoins are meant to be used internationally by everyone not to be made national currency.

[diegz]

Bitcoin can not improve the economy of the country, it can improve the financial situation of the person who earns money with him. Bitcoin is just a currency, not a means of regulating the economic situation in the country.

I too believe that Bitcoin cannot improve the economy of the country directly. However, when its citizens gets benefits from Bitcoin specially the jobless who are Bitcoin enthusiasts, it is possible by that way, their country benefits from them, they are not a burden to their country, therefore, the budget that is supposed to be used to them can be used to other things or other people who need it.

[Lumada]

Bitcoin can not improve the economy of the country, it can improve the financial situation of the person who earns money with him. Bitcoin is just a currency, not a means of regulating the economic situation in the country.

I too believe that Bitcoin cannot improve the economy of the country directly. However, when its citizens gets benefits from Bitcoin specially the jobless who are Bitcoin enthusiasts, it is possible by that way, their country benefits from them, they are not a burden to their country, therefore, the budget that is supposed to be used to them can be used to other things or other people who need it.

It can only affect user's that are using it. If a country implemented it and mostly used in their country maybe it can change theirs knowung they can be financially stable having worked in btc.

[Mung1943]

It would consider years for bitcoin to increase any country's economic climate. Being aware of the simple fact that bitcoin 's value fluctuating up and down ,it would be a key threat for any country to accept bitcoin due to the fact of the recession all above the globe,also not all nations have many bitcoin users so that may possibly not be the cause to accept bitcoin as a currency.Last but not least,Bitcoin's price may possibly be large but its steadiness is what issues to an country's financial system.

[Superways]

Bitcoin is very useful as a new stream of investment, with proper regulation. After all, it can destroy the national currency, and the economy is unlikely to raise, tax is not taxed, but people's livelihood will rise.

Bitcoins are great in giving people new job opportunities and turning unemployed people into the useful characters of the society but I don’t think so they are going to destroy national currency in any way. Bitcoins are meant to be used internationally by everyone not to be made national currency.

I think if there comes a time when we will hear this news that Bitcoin is announced as the national currency of some country, then this will be a great success of Bitcoin of the history. I can hardly see any drawback of this thing. Instead this will promote the use of Bitcoin in a much better way.

[jostorres]

Bitcoin can improve the economy of a country in many ways. Its firstly helping to decrease the number of unemployed people because it give so many people their opportunities to earning money online, also this will help to fight the poverty and increase the economy. Also bitcoin can help to motivate more people to start new projects based to the blockchain technology.

Yes, it can, and in a very big way. It changed the economy of a country. If the people will focus on investing into and making much profits and selling off, I believe much money will be getting into the country. Entrepreneurs and traders are part of what build the economy of a country. I know it’s much more than that, but they’re part of it.

[safari88]

bitcoin has changed the economy in my village, as well as my friends who are in other cities, their economy is getting better after getting to know bitcoin. viewed from the number of users, very likely bitcoin improve the economy of a country.

[lanyounanhai]

Bitcoin can improve the economy of a country in many ways. Its firstly helping to decrease the number of unemployed people because it give so many people their opportunities to earning money online, also this will help to fight the poverty and increase the economy. Also bitcoin can help to motivate more people to start new projects based to the blockchain technology.

Yes, it can, and in a very big way. It changed the economy of a country. If the people will focus on investing into and making much profits and selling off, I believe much money will be getting into the country. Entrepreneurs and traders are part of what build the economy of a country. I know it’s much more than that, but they’re part of it.

You are wrong. Dont you think that the government will ban bitcoin? They want to collect tax while using bitcoin gives people a chance to avoid it. And without tax, a country can not improve at all. And I think that bitcoin can only give money to some individuals, it can never make the whole country better

[doomloop]

Bitcoin can not improve the economy of the country. This requires the actions of the authorities aimed at improving the economic situation in the country, and not the use of any currency.

Well! Bitcoin is providing a lot of opportunities and it in improving the unemployment as well so for me bitcoin is there to solve a lot of issues it can improve the economy of a country as well. Using bitcoin will pay some transaction fees and the tax as well so it is participating in the progress of the economical country. The bitcoin price has a positive impact on the economical state of a country.