Can bitcoin improve the economy of a country?

[wareen]

We can say that somehow it will improve the economy of one country. We can point out the entry of money or the increase of income of the people. It is basic that if all the people in the country has a lot of money or wealthy the economy of the country will follow. Some country got low economy because the people of their country has less money or under puberty. Puberty that somehow becomes a habit of the people, it is because they had been so dependent on the government not to their self. Therefore we can say that it is not bitcoin or anything that will improve the economy of a country but the attitude of the people on how they will improve their financial capabilities.

You are right, the attitude and the consciousness of everyone is all. Nothing changes if everyone is lazy and does not try to work to pay taxes to the government. Taxation is a means to improve the economy of the country, however, almost everyone does not like paying taxes, haha.

[Ebihsu]

Bitcoin can change payment online in the World's, but it not improve the economy for any country. Knowing the fact that bitcoin 's price fluctuating up and down ,it would be a major risk for any country to accept bitcoin.

[romeo23]

In those countries where economy is highly developed, I think bitcoin will not be able to change much something, even if there will be big demand for bitcoins and investments will be bigs, because there economy rises on something else, which gives more profit. But in countries where problems with economy, it is possible that bitcoins can somehow adjust it, but again if there will be demand for bitcoins.As we think about bitcoins that its costs are going high quickly that is the reason if all shopping centers silver screens schools and healing facilities and different business focuses acknowledge bitcoins and the banks likewise begins managing an account with bitcoins then legislature of that nation will likewise gather the expenses in bitcoins and afterward the administration will have all cash as bitcoins and the costs will go increasingly elevated and after that bitcoins will enhance the economy of the nation.

[Zelezinskyi]

If bitcoin will bring a lot of education to people I believed that it can bring a good improvement to the country's economy. More bitcoin earners will use their money to buy local goods of the country then profits will increase of those doing businesses which has a big impact of the country's progress.

[diickydbo]

Bitcoin can improve the economy of the country. Because through bitcoin you can make your money grow bigger and faster and it is very useful to make you financial status becomes higher and by that the status of the country will also rise.

[greg0rioo]

I think that bitcoin can improve the economy of a country by giving more opportunities to people to have some profit and invest in real life.

[Farma]

Bitcoin can improve the economy of the country. Because through bitcoin you can make your money grow bigger and faster and it is very useful to make you financial status becomes higher and by that the status of the country will also rise.

I think some countries have been improvised with bitcoin, and I think that's a common thing. even some countries are trying to develop technology from bitcoin. well, there are also some countries that have been improvised, but their rules are so tight, and making bitcoin into something that is difficult to access.

[arrmia11]

Bitcoin is a powerful tool that contributes a lot to a society to include the country itself. It gives a lot of advantages more than the disadvantages. Employment, fast transactions, business and other features of bitcoin has a significant role in people' lives. The more people engage in bitcoin the higher the contribution it made to an economy that it brings on.

[balamuda]

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 bitcoin is more likely to increase the economy of the holder, bitcoin does not improve the economy of a country, if bitcoin can boost the economy of a country, certainly no country will ban bitcoin.

[Ghayoor]

If bitcoin will bring a lot of education to people I believed that it can bring a good improvement to the country's economy. More bitcoin earners will use their money to buy local goods of the country then profits will increase of those doing businesses which has a big impact of the country's progress.

in my country a lot of people they are taking advantage of it its now available in every part of my country and also its going to help in our economy.

[Altcoindealer]

I think the most countrys are accepting bitcoin because of the value. So they just interested in money, and when they can make profit in anyway they will always accept it. I think the most of them does not deal with cryptocurrencies, and they do not understand the blockchain technology behind.  But they dont have to do. The more countrys and gouverment accept bitcoin and cryptocurrencies, the better for us investors

[Panchum]

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 will improve a country once you accept bitcoin. Because our community now is improve by bitcoin. Because it brings us income and a big profit. Bitcoin really change our lives. So l believed in bitcoin can do improvements in our country.

[Visteryy]

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 Bitcoin can hardly improve a nation's economy. That requires everyone in the country to have Bitcoin

[elpiji]

bitcoin could be to boost the economy of a country if it would accept it, because at a very high price it makes the profits of the investors will increase and the money generated will make many people become rich

[ityandsyn]

Bitcoin is a powerful tool that contributes a lot to a society to include the country itself. It gives a lot of advantages more than the disadvantages. Employment, fast transactions, business and other features of bitcoin has a significant role in people' lives. The more people engage in bitcoin the higher the contribution it made to an economy that it brings on.

        Well,you're correct that bitcoin contribute to the society's additional earning, we are just like an overseas worker which we earn money from other country and not from our own currency, and by this mains we already  contributed the quantity of our own fiat money which is one way of improving the economy.

[Gheka]

bitcoin could be to boost the economy of a country if it would accept it, because at a very high price it makes the profits of the investors will increase and the money generated will make many people become rich

I do not think so, when the government accepts bitcoin, many people will use bitcoin to do illegal things, especially gambling problems and tax evasion, it makes the economy of a country go down when people do not pay tax to support the government, then many people are addicted to gambling and bankruptcy, people who are economically improved are casino owners. And as you say, investors will be the ones who get rich from that but with others, they do not know and invest in bitcoin, they just have a normal life or worse when the society is bad

[arifteguhr]

Of course this can be because bitcoin itself is widely used by many people and can provide land for people work and automatically also can improve the standard of living and income of the community

[signaturecoin]

Bitcoin is the high rated currency in the whole curreinces presently and if any country have large number of bitcoins then it means the country have strong econimcal site because bitcoin is a money and if you have bitcoins then it means you are strong economically.

[fayrouz]

Bitcoin can improve the economy of the country if we use it in a proper way. It will help a lot in the economy of the country if we put limitations(rules and regulation) on how to use it well. Bitcoin help a lot to those who are in financial crisis(monthly salary is not enough).

[Starone1]

Bitcoin is a powerful tool that contributes a lot to a society to include the country itself. It gives a lot of advantages more than the disadvantages. Employment, fast transactions, business and other features of bitcoin has a significant role in people' lives. The more people engage in bitcoin the higher the contribution it made to an economy that it brings on.

Yes bitcoin is improving the economy of the country and it is the reason why our government are taking good interest in growth of bitcoin, bitcoin is proving a lot of jobs to jobless people in my country and bitcoin is hacking high amount of potential for all those people who are the only money maker for their family, the best thing bitcoin has done for the betterment of the economy is job opportunities and unemployment is reduced to huge extent because of bitcoin