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Author Topic: Do you think economical condition can be develop by the help of bitcoin?  (Read 338 times)
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May 05, 2018, 01:45:52 PM
 #41

I believe that is not possible because otherwise, no one would have tried to banned it for they deemed it to be a threat. On the other hand, I believe if they impose taxes on it, it will help the economy of that country. And it all depends on how much the taxes are. People would find another way to make transactions without paying taxes, thus the solution is to ban bitcoin once and for all. But if the government itself uses bitcoin, then I think it will be a step into a good economical development.

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May 05, 2018, 01:51:46 PM
 #42

I really believe that bitcoin can help us to develop our economical condition where I am believing that the real change is comes first to us. Of course if bitcoin makes us rich we are now able to pay taxes and we dont need to ask help in the government since we can now sustain our needs.

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May 05, 2018, 02:46:29 PM
 #43

there is no fact that bitcoin really can affect a country's economy, there may be rich with bitcoin investment, but it's just an individual or an individual, maybe there are some companies that have enough ambition and profit like ripple who want to revolutionize economy, but it's very hard and takes a long time, I know that many cryptocurrencies are involved in fraud and dark business, but I do not dismiss the possibility that bitcoin can change the world economy someday

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May 05, 2018, 03:49:51 PM
 #44

If between bitcoin and economic conditions are aligned or in accordance with existing regulations then bitcoin can help economic development. We just need to adjust the bitcoin to the existing rules in order to grow, if not in accordance with the rules it will be a lot of obstacles for the bitcoin itself to develop something.
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May 06, 2018, 02:22:54 AM
 #45

Different people have different opinion but I think bitcoin is new part of  strong currency. We need some help from government or national security for monitoring and providing strong  security for those people who are working into this sector. Even more people are affected by various criminal attack that  reduce  and demotivated to work in online earning.
 In future proper security and more effectiveness of virtual currency  can contribute economical development.
The basic idea behind bitcoin is to have a financial sovereignty without the reach of the government, i really do not want any government to snoop into what wealth i am holding, the criminal attacks can be stopped if you are a little intelligent, never publicly brag yourself about your digital wealth, if not no one is going to know about it.



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Caelanpelley
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May 06, 2018, 03:07:09 AM
 #46

I myself find that true. Bitcoin has helped me tremendously. Spending in my life is more comfortable. Thus, bitcoin can support the country's economic development. Most investments in bitcoin are profitable.

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May 06, 2018, 06:23:21 AM
 #47

First of all we don't need any government or central bank to monitor crypto, the first time crypto was born was also without any supervision from them, and it still perfectly fine and growth so well, and yes with the government maybe we can surpress the number of criminal, but it will be more effective if we educated and encourage people to used crypto for positive thing

Crypto will be very useful in the future if we can develop and used it properly it will help a lot of people and it can increase the country's economic, now we will see how the government's will decide the fate of crypto


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May 06, 2018, 06:51:37 AM
 #48

You are part of government or maybe you work in government. I'll ask to you, what can the government do to keep cryptocurrency safe? unfortunately, they cannot have a finger in the pie the decentralization system. They can not do anything in the world of cryptocurrency, but the credibility of cryptocurrency as a safe place for everyone is us as a user. We maintain and provide positive effects on the development of cryptocurrency. And I think, with the presence of cryptocurrency I do not need government anymore.

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May 06, 2018, 07:06:55 AM
 #49

I believe in both Bitcoin and the blockchain technology that has made it extremely valuable as a technology. I believe Bitcoin can do a lot to help both the people and the governments work better, earn more and if blockchain is used in governments to get rid of one of the worst plagues that generates poverty, that is corruption, then we can see much healthier economic systems form in the future. If governments and people work in unison utilizing blockchain technology, than going against each other, we can create a harmonious society and this can be implemented if we get rid of poverty and corruption first. I believe with the blockchain it is possible.


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May 06, 2018, 07:29:30 AM
 #50

Different people have different opinion but I think bitcoin is new part of  strong currency. We need some help from government or national security for monitoring and providing strong  security for those people who are working into this sector. Even more people are affected by various criminal attack that  reduce  and demotivated to work in online earning.
Now times are changing by the help of different online currency trough which people can earning money and invest these money in different sector for the purpose of getting profit. 
In future proper security and more effectiveness of virtual currency  can contribute economical development.

From my perspective, involvement of government agencies with their rules and regulations will do more harm than good. There should be some regulations, without doubt, but those should be measured and weighted, something which is unlikely to come from government regulators, which are overall more inclined toward punitive and prohibitive measures and actions. And this is only one side to the story, but there is another, a more technical one. How are they going to regulate Bitcoin as well as other cryptocurrencies if it is built to bypass these regulations? As I see it, the only way to effectively and efficiently regulate Bitcoin is to ban it completely (or just let it be).

Bitcoin is already secure enough on its own, but no amount of regulation can secure the brains of its users. If you allow free sale of firearms, you should expect that someone will inadvertently shoot themselves in the foot at the end of the day.
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May 06, 2018, 08:16:27 AM
 #51

bitcoin is a very useful digital currency in the future while the current use of paper money is not so good that makes bitcoin to be developed and is expected to be used to be a future payment and I believe it could be a solution in the future.
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May 06, 2018, 01:35:00 PM
 #52

The world of crypto has been very popular, with a good innovative idea to solve transaction problems. Now the problem is whether every country approves the existence of crypto in government? This is certainly an obstacle to the world of crypto slid rapidly as good technology in the transaction. But if crypto no taxes, maybe for economic development is very difficult, I agree if crypto taxes to build the country's economy. To invest today if we see crypto very well compared to other investments, at a price that is not settled, and the price specified by the seller and buyer makes the price of crypto very good. We know the impact of bitcoin for the country is very vulnerable, because it can cause a decline in real currency and a lot like money laundering from taxes. I think it still needs a process for bitcoin as a good economic development.


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May 06, 2018, 01:58:21 PM
 #53

Different people have different opinion but I think bitcoin is new part of  strong currency. We need some help from government or national security for monitoring and providing strong  security for those people who are working into this sector. Even more people are affected by various criminal attack that  reduce  and demotivated to work in online earning.
Now times are changing by the help of different online currency trough which people can earning money and invest these money in different sector for the purpose of getting profit. 
In future proper security and more effectiveness of virtual currency  can contribute economical development.
Indeed,all users  of bitcoin in a different country already adopt the cryptocurrencies on their own way that makes develop their economy,bitcoin is a big help and has its own purposes and contribution to the economys better future.
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May 06, 2018, 02:04:34 PM
 #54

bitcoin is a very useful digital currency in the future while the current use of paper money is not so good that makes bitcoin to be developed and is expected to be used to be a future payment and I believe it could be a solution in the future.

Yes, bitcoin can help develop the economy and even a whole country, but it will be hard for it to achieve this goal if the government and those who don't support it continues to serve as a hindrance to it. Bitcoin and the blockchain technology is a new technology, but some governments are moving away from it because they feel that the people are being given  too much financial freedom and financial stability through bitcoin.
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June 02, 2018, 04:51:47 AM
 #55

Different people have different opinion but I think bitcoin is new part of  strong currency. We need some help from government or national security for monitoring and providing strong  security for those people who are working into this sector. Even more people are affected by various criminal attack that  reduce  and demotivated to work in online earning.
Now times are changing by the help of different online currency trough which people can earning money and invest these money in different sector for the purpose of getting profit. 
In future proper security and more effectiveness of virtual currency  can contribute economical development.

Am i correct that your point is "Bitcoin needs  government help?"

Well , In my opnion. Yes , Bitcoin need government to make it more secure. Government must think an idea or a way to make this work secure because this is online working and we do not know what happen to the transaction in this. Like what i read , Government must take and organize a rule on online working. Because in online working theirs a lot of selfish people or should i say scam people and all they need is money , big amount of money . So guys, Becareful in scams they are many especially in online working.
Indeed , Sometimes i read people that experience scam and they are getting frustrated and depress.
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June 02, 2018, 05:45:54 AM
 #56

it is true from the past until now this bitcoin has helped the economic development in countries that have legalized bitcoin. therefore bitcoin can survive until now because bitcoin is much beneficial for economics and finance is still low

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June 02, 2018, 06:19:50 AM
 #57

In some countries where capital controls are tight or the risk of looting is high, the use of encrypted currency can bring more benefits to users than the use of local currency in circulation. Users can transfer property from unilateral or even malicious intervention by local authorities by encrypting the currency. Users can also avoid VAT by using bitcoin for online consumption. Since VAT is the main source of government revenue, this tax avoidance method is closely watched by the authorities.

Whether we agree with bitcoin's ability to evade government regulation or not, we can't deny that these encrypted currencies can indeed bring substantial economic benefits to users.
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June 02, 2018, 07:39:44 AM
 #58

for me bitcoin helps the economy and creates new jobs for the world community, I feel this positive impact for me, my family and my friends, Bitcoin help our economy, I am sure some people in this forum also feel the same.
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June 02, 2018, 05:25:54 PM
 #59

Yes, definitely. Bitcoin and blockchain technology has the potential to optimize our routine processes. It results in saving time and cost as compared to that of traditional methods of transacting. If implemented on a macro level then it can give amplified returns and it will help the economy to improve the output and hence the growth of it will also increase. We can definitely use this technology for the improvement of the economy on a larger scale.

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June 02, 2018, 05:43:46 PM
 #60

If governments give way to cryptocurrency, i think price can go more more up. Economical condition don't intercept way of cryptocurrency. In the future we acn see only green.
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