Can bitcoin improve the economy of a country?

[RajaJudi]

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?

This seems to be the demands of the times because in addition to bitcoin users in the country a lot, there are also because many other countries already use otherwise it will be left behind, when compared with other countries

It's true that almost all countries use bitcoin and know bitcoin and some countries are not familiar with bitcoin, but I think over time and the development of bitcoin all countries will know it and use it for no reason. because bitcoin can help the economy of the country especially the people and that too some who only use bitcoin and who have technological tools to access bitcoin.

Bitcoin is a good investment and does help its investor to overcome any financial related issue. And with no surprise, I know that bitcoin is one way to help each economy  to rise. Economy is ever crucial to every country. It signifies the status of a country and its people.

Bitcoin works separately with the economy of the country. There are many countries don't accept Bitcoin and some countries are going to ban Bitcoin. I don't know why. However, I admit the benefits of Bitcoin. Thanks to Bitcoin, I can buy things that I couldn't do before. Bitcoin is also giving hope to people around the world. I want Bitcoin someday will have place in the unit of currency in each country.

[Yara1]

Yes bitcoin help to improve the economy of a country by improving the financial well being of the citizens of the country.

[anjaydut]

I think more individual
Bitcoin can overcome the difficulties of working in every country
Because the current unemployment rate is still very high, especially in countries that still have not prioritized education
This can be a solution, if you think that bitcoin can improve a country's economy, I think this can happen
If in taxes and taxes it is entered in the state treasury and state revenue will automatically increase

[Assface16678]

It will help in a lot of ways in the economy of a country because with bitcoin and any other cryptocurrencies an individual can have a job, if bitcoin is accepted in a country this will give taxes and lowers the unemployment rate of a country.

[Sir Legend]

It is difficult to measure the benefits of bitcoin on the state, as we know that many countries are banned bitcoin, it's hard to say that bitcoin helps the country's economy because of it.

[kasansa]

It depends the country who take wise steps to its development in industrys and infrastructure to the well being of her country people who should have educated, metearial producing units, export oriented companys, skilled workers these all have very essentials  to improve the economy of a country. Only power full eminent politicians with love  to uplift his country with great ambitions will take wise steps to allow bitcoin to improve the economy of his country.

[microwave]

Definitely yes, bitcoin can improve the economy of a country simply because bitcoin gives an opportunity to many people, especially to those  who haven't job or stable job. Because of that the economy of a country will improve a get a higher standard among others.

[Pintasak]

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 its an exellent opportunity to the unemployed because through bitcoin they can earn money for their familys it also helps the economy of a country become more progressive and convenient

[AjithBtc]

It is difficult to measure the benefits of bitcoin on the state, as we know that many countries are banned bitcoin, it's hard to say that bitcoin helps the country's economy because of it.

In my view bitcoin has got the ability to improve the economy of the country. Surely most countries that has made the ban will take away the ban realizing the good things associated with the use of bitcoin over the traditional currency system.

[marroxas]

I think yes..
Well some countries were dont know the benefits of bitcoin to their economy but there are big impacts to them.
If the users of btc get their cash outs from crypto and converted it to their currency..
And spend it for personal needs so that thing is also helping their economy because of the tax that payed for them is from bitcoin industry.

[MidKnight]

We know that it absolutely will. Not only bitcoin but some of the cryptocurrencies that are going to make the system trustless and and we know that when it comes to business and projects, tampering the budget is very common.

[KnightElite]

I think more individual
Bitcoin can overcome the difficulties of working in every country
Because the current unemployment rate is still very high, especially in countries that still have not prioritized education
This can be a solution, if you think that bitcoin can improve a country's economy, I think this can happen
If in taxes and taxes it is entered in the state treasury and state revenue will automatically increase

You are right! The unemployment rate is increasing as the population increasing. Bitcoin can help to reduce and lessen the unemployment rate in our society. Bitcoin can give many benefits to us.

[coin_1122]

Already it is improving a lot that's why government are considering it as currency and some countries are using this technology because fast transaction. Economic growth is also increasing in terms of technology.

[zhanyiguai261315]

I think it can change the economy of a country if bitcoin is legal in this country!
Japan has fully accepted BTC, and many shops in Japan can make payment transactions through BTC!
This to a certain extent promoted consumption, led to economic development!

[Electro_wiz]

yes,it can change the economy of a country. If btc is legal in our country btc can overcome the difficulties of working in every country. if the userss of btc get their cash outs from crypto and converted it to their currency.

[Hernandezz]

it could be that bitcoin improves a country's economy depending on its own policy if a country continues to develop about bitcoin it is very likely to make progress.

[carlbreezy]

Ofcourse, because of the profits it gives to people, the have now more spending power. A nation with huge spending power boosts the country's economy. Just like first world countries are.

[Klpc]

For me bitcoin can improve  the economy of a country because today many people are unemployed. As the supply of work increases and the demand of manpower decreases due to uneducated people. And many companies are requiring to hire employee with a degree or in a side of atleast Secondary graduate. Through bitcoin many will be given a chance to fulfill their dreams and support family, because bitcoin can provide work that doesn't require age or status in life. So for me it could be a big changes to one economy if bitcoin will introduce.

[rommelo24]

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 so, it will improve the economy of a country. People will now have a chance to earn some money by selling his skills on the web and it reduces the unemployment rate of a nation.

[MMS2017]

According to me i like bitcoin very much it is providing a good impact on the economy of a country. The economy is improving now because of the purchasing power of the people and the providing of the employment to the people and thus by this we can make some other advantages when the people buy a product of a country then they pay taxes on consumer goods as well.