Can bitcoin improve the economy of a country?

[King Sastro]

It is evident that many new rich people from bitcoin, whereas before they were unemployed and poor, this proves that if managed properly and the state provides specific rules then bitcoin can be used to improve the country's economy.

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[rainezerr401]

The improvement of the country is always depending on their government. In my opinion bitcoin should not be manipulated by government because they might place a tax on it or use it for their own desire and it will become their advantage to steal more money from us.

[Semar Mesem]

Bitcoin is made to overcome the world's financial problems and transactions, the country needs a solution to alleviate poverty and unemployment problems, with decentralization then everything will be answered and certainly bitcoin can improve the country's economy.

[achsan fauzy]

yes , I think bitcoin has managed to improve the economy of a country, in my country, many people are low-income, and they can improve their economy with bitcoin.

[Nunoluck]

can, if everyone inside the country plays with bitcoin then the country's economy will be good and stable

Like people in china? So why the government ban bitcoin? This thing makes me confusing. The fact is bitcoin improove economy of the users, maybe bitcoin is too small to affect the country's economy.

[samyang2x]

There are things that an economy of a certain country affects its people.But i do not think that bitcoin can improve its economy.Why?How about countries that opposses bitcoin entering their country does bitcoin affects the improvement of their economy?

[/GeertJohan]

Yes, I think so. But we should not say surely. Also bitcoin has a many advantages and also has some disadvantages. It can be use it in anywhere in the world without any transaction process. but it is not centralized money.. So this can be used in crimes because it is untraceable..

[Daektum]

In my opinion, Bitcoin can improve the economy of a country because it is an alternative way of digital payment through the use of virtual currency. Digital payment makes it easier for people to buy or sell stuffs including the currency itself from a flat currency to Bitcoin. With the help of Bitcoin as digital payment tool, people in a country would have easier access in payments thus circulating the money which will then lead to an overall economy improvement. It is a simple economic concept that the more money circulates in a country, the better for its economy.

[Gudhal Untu]

To improve the economy of the country would need a big idea, and now there is the best way to overcome various economic problems, the centralization of many problems so that replace with the decentralization system is better.

[ongels]

For me. Yes because it is an opportunity for everybody to be employed, and ones people have financial stability, Money can circulate simultaneously and every thing within the country if you want to buy some stuff, there is tax over it, the more money circulate. the higher tax will collected. 

[richlipkin]

BTC is already providing an outlet when national currencies experience hyperinflation. So yes.

[Harlot]

The improvement of the country is always depending on their government. In my opinion bitcoin should not be manipulated by government because they might place a tax on it or use it for their own desire and it will become their advantage to steal more money from us.

Not really if people found a way to earn money without the help of their government then they themselves can contribute to their economy's growth. When you look at it many unrployed people are now depending on their Bitcoin earnings and this earnings are being used for their daily lives in return it will reflect to the country's overall economic performance.

[Sing Mbahurekso]

I think it can and is very possible, if bitcoin is legalized by the government then it automatically generates many bitcoin-related jobs. and this will certainly improve the country's economy.

[maaydin]

I guess that they don`t have the opportunity to stop bitcoin, and so when you can`t stop a thing it is better to control it as it can cause huge damages as well as huge profits to a country

[PranDoW]

I believe that soon these coins will be the main money in almost all countries

I don't think so. How do you imagine that? But what kind of government will go into such madness? Definitely, they will have a special role in the future, but talking about replacing does not make any sense

[karnwillbit]

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?

It is smart because bitcoin can not be stopped as an international store of value so you may as well accept it if your citizens are going to use it. Otherwise you increase the underground and illegal activity and as a government or state this is the opposite of what you want to do. Smart countries will start creating their own cryptocurrencies so they can track the users who are using it. We will which country is smart then 

Yes indeed there is no doubt that bitcoin can play a big role in changing economy of any country and specially in poor countries bitcoin is a kind of role model for them day by day the newbies are coming to join bitcoin and they are very happy that they are a part of bitcoin so bitcoin is really helping them in their economy and already it reduces un employment there.

I personally think that bitcoin can be a savior for those countries which are suffering from the economic crisis and bitcoin is true economy booster because bitcoin is the leading way toward the development and progress and btc bring new business to the region and in my point of view the country who is suffering from such situation they must use bitcoin to give boost to their economy and btc will surely rescue them.

[KingdomHearts]

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 it is affected little bit because the people in the country use more bitcoin but most government started accepting bitcoin as a virtual currency because of the bitcoin fast increasing value and due to more and more people joining it. This will keep on increasing the value of bitcoin. Investor will also get a huge amount of profits from this. by looking at all these aspects the countries started accepting bitcoin.

[Seaze007]

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, bitcoin for me is the one who improve the community or country because their are some investor will enter. So bitcoin is so helpful. And also some of the people in the community are busy to join bitcoin so that the poverty will not exist. because some of them are they used bitcoin,  to provide their needs. And I hope that in next generations, bitcoin is the one currency that we used.

[yvesp110]

I think it can because the bitcoin can become a way for them to transact and transfer huge payments which fast speed of transaction and also a cheap fee for their transaction so it will give a huge discount and a way to save money for the country and also for the other people that will use it and those saved money will result to have a better economy of the country because they can use the saved money to make profitable investment or businesses.

Bitcoin will make the way for itself because the bitcoin will be very high and a lot of the countries are investing the bitcoin and they are supporting it, for me it is the point and the investing power that will decide that how much bitcoin you will invest and how much bitcoin you will save for the long time, now the bitcoin is getting famous and the bitcoin is easy to earn by investing the small in the bitcoin.

[chineseprancing]

I think it can because the bitcoin can become a way for them to transact and transfer huge payments which fast speed of transaction and also a cheap fee for their transaction so it will give a huge discount and a way to save money for the country and also for the other people that will use it and those saved money will result to have a better economy of the country because they can use the saved money to make profitable investment or businesses.

Bitcoin will make the way for itself because the bitcoin will be very high and a lot of the countries are investing the bitcoin and they are supporting it, for me it is the point and the investing power that will decide that how much bitcoin you will invest and how much bitcoin you will save for the long time, now the bitcoin is getting famous and the bitcoin is easy to earn by investing the small in the bitcoin.

Bitcoin should help to improve economy of each country, if you know most of the jobless people can get work thru help of bitcoin. Moreover in our country most of the people are already using bitcoin, so it means that they were already aware with the advantage and disadvantage of this crypto currency in the whole.

Therefore, due to good movement of this coin in the whole world exchange of bitcoin versus dollars were largely increase that's why most of the people and investors are attract to increase the numbers of their investment to this crypto. In addition some capitalist are being wise holding their bitcoin amount to their wallet because one wrong move and they will earned lost on their part.