Bitcoin Forum
November 15, 2018, 01:04:12 AM *
News: Latest Bitcoin Core release: 0.17.0 [Torrent].
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 [6]  All
  Print  
Author Topic: Bitcoin is the New Economy, we are only at the very beginning  (Read 533 times)
rickyNmorty
Member
**
Offline Offline

Activity: 364
Merit: 10


View Profile
August 19, 2018, 10:45:48 AM
 #101

I don't think bitcoins are an economy by itself. If you say economy it is something that is produced and consumed by the people.
In bitcoins there is only a medium of exchange, nothing else. There is no economy to speak of here. The only thing bitcoins would
be in an economy is a way to pay for stuff, but it can't produce stuff, nothing goes around.

It maybe a factor im which bitcoin is not considered as economy. But as stated, it is just a beginning therefore that is why it is like this. But theres a point, maybe we can say that bitcoin is a part of economy and therefore it helps the economy to rise. Bitcoin does not need to change everything, it maybe a tool to improve things. But who knows? Bitcoin has unexpected things that may happen.

Pages: « 1 2 3 4 5 [6]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!