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Author Topic: Bitcoin contribution to world economy  (Read 806 times)
hariette10
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December 18, 2017, 04:05:56 AM
 #1

How do you think bitcoin will affect the world economy by 2028?
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December 18, 2017, 04:37:50 AM
 #2

How do you think bitcoin will affect the world economy by 2028?
I think no because Bitcoin was created as a new online payment method but now, the nature of bitcoin is speculation. It is not creat the real value for the world economy. And Bitcoin transactions are anonymous, cannot be controlled by Governments. What Government's cannot control, they will prevent the development.


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December 18, 2017, 04:42:54 AM
 #3

How do you think bitcoin will affect the world economy by 2028?

I think it will have a good impact in a world economy because I believe all who believe in bitcoin will become more rich in the future and by this they can spend more money now that will go directly to boost one economy. People will enjoy this great opportunity for sure.

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December 18, 2017, 04:46:17 AM
 #4

How do you think bitcoin will affect the world economy by 2028?
You can't say. It's bitcoin, you see, it is not easy to predict about. Expectations are obviously high but sometimes they are too high than what is required. Bitcoin will be vital for a decade but after that only time can tell what will happen.


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December 18, 2017, 04:49:26 AM
 #5

The question is not what Blockchain can do for YOU. But what can YOU do for the blockchain?
because it will no doubt benefit YOU, but if YOU can bring benefit the Blockchain, you will become rich beyond your wildest dreams
 Grin
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December 18, 2017, 05:21:06 AM
 #6

How do you think bitcoin will affect the world economy by 2028?
I think no because Bitcoin was created as a new online payment method but now, the nature of bitcoin is speculation. It is not creat the real value for the world economy. And Bitcoin transactions are anonymous, cannot be controlled by Governments. What Government's cannot control, they will prevent the development.

That's the thing, if they can prevent the development and then further the growth this will be the part that actually kills Bitcoin. As without people actively being apart of Bitcoin, there's going to be no one to actually accept bitcoin, trade it, do services for it, mine it, etc.

The only way for Bitcoin to be able to prosper is if government leaders embrace it, which they will never do -- as they want all the power that they can get in their governments.

So, it won't make it.
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December 18, 2017, 05:27:13 AM
 #7

How do you think bitcoin will affect the world economy by 2028?

Speculating to far ahead can really be hard to tell, 10 years is long way to go and right now bitcoin doesnt affect the economy of any country at all, there are still a lot of people who doesnt know what bitcoin is and its uses, maybe by that time bitcoin will be know by all people and can affect the economy of a country but i cant say to what extent it will affect.

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December 18, 2017, 05:30:42 AM
 #8

Anyone else read the thread about Bulgaria randomly finding out they have $3 billion worth of Bitcoins from a long time ago? hahaha



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Indrawan77
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December 18, 2017, 05:44:15 AM
 #9

Actually the prediction is a bit too far , as we know there are still so many problem that need to be deal, especially the legality and acceptance of bitcoin, if every country or  a lot of country accepting bitcoin then bitcoin will have a big impact to the world economic, but now there are only some country that think to adopt bitcoin while others rejected it, so it's hard to predict bitcoin future

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December 18, 2017, 08:43:14 AM
 #10

Poverty !

That's Bitcoin biggest contribution.

Half of Africa lacks interment connection yet Bitcoin is posed to
help the bottom billion. Of course it will help world economy,
widely the inequality gap a restrict access !

Stop using Africa to put forward Bitcoin agenda.
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December 18, 2017, 09:01:08 AM
 #11

How do you think bitcoin will affect the world economy by 2028?

I think it will have a good impact in a world economy because I believe all who believe in bitcoin will become more rich in the future and by this they can spend more money now that will go directly to boost one economy. People will enjoy this great opportunity for sure.
Bitcoin is already #6 in marketcap of all the currencies there are in the world with only dollar, euro, yuan, yen and rupee being above. If bitcoin doesn't crash till 2028 I guess it can still be a #1 coin but without such a high dominance percentage in cryptocurrency market as we see it now. I guess btc will be rather a matter of prestige than real means of payment. People will just hold it to honor history. Some other coins, though, can become highly adopted and used in daily life just like credit cards.

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December 18, 2017, 09:15:53 AM
 #12

How do you think bitcoin will affect the world economy by 2028?
You can't say. It's bitcoin, you see, it is not easy to predict about. Expectations are obviously high but sometimes they are too high than what is required. Bitcoin will be vital for a decade but after that only time can tell what will happen.

It takes time for bitcoin to improved one economy and I believe this time spam can give big potential to everyone for them to make money. No one can really say what will happen but if you are a fan of this great technology, this is really possible. I see bitcoin in a high peak on that time and I'm sure everyone here makes good money.
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December 18, 2017, 09:39:14 AM
 #13

bitcoin and crypto currencies are gaining greater and greater support worldwide

so i believe for 2018 it could affect the world economy but i have not basis for my opinion

other than if fiat money goes into crypto it generally stays there
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December 18, 2017, 09:45:06 AM
 #14

How do you think bitcoin will affect the world economy by 2028?
I think no because Bitcoin was created as a new online payment method but now, the nature of bitcoin is speculation. It is not creat the real value for the world economy. And Bitcoin transactions are anonymous, cannot be controlled by Governments. What Government's cannot control, they will prevent the development.

That's the thing, if they can prevent the development and then further the growth this will be the part that actually kills Bitcoin. As without people actively being apart of Bitcoin, there's going to be no one to actually accept bitcoin, trade it, do services for it, mine it, etc.

The only way for Bitcoin to be able to prosper is if government leaders embrace it, which they will never do -- as they want all the power that they can get in their governments.

So, it won't make it.

Development and further growth of bitcoin is not in the hands of any government and that is really what makes it all different. Governments of some countries have tried all their best, but we are talking of something that global, spreading like a virus and we all know how it is hard to contain a virus spread on a large scale.

This is a good virus for the masses and a very bad one for the government, but it is something that cannot easily be controlled which is why it would take a huge and hard stunt to be pulled by the government to break the community bond. By the way, you think they have not been trying their best to see how it can be stopped but not just able to come up with something. Maybe they are waiting for the days of super computers though, but I am sure even the devs would have come up with super computer compliant ideas to make the security of the blockchain technology even stronger.

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December 18, 2017, 10:28:27 AM
 #15

For sure in the 2018, Bitcoin has widely known and used many of people and accepted as mode of payment and on an online transactions by all business establishment all over the world, many people will get rich thus economy of many countries will improve because all people can able to buy whatever they want.
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December 18, 2017, 03:39:14 PM
 #16

I think "maybe" not, because this currency is very difficult to be received thoroughly. different from the original currency in each country.
not possible if Bitcoin will empowering thoroughly to the world economy.

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December 18, 2017, 04:05:18 PM
 #17

How do you think bitcoin will affect the world economy by 2028?
I think you have mistaken with your input, maybe it is not 2028 or possible it is 2018.
But anyway, I can say that bitcoin is so volatile and a lot of thing may possible to change in the coming days. But I'm pretty sure that by next year, bitcoin is still doing great and I believe that it will getting stronger. And possible that it could be accepted by some biggest companies as a mode of payment fro their products or services.

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December 18, 2017, 04:12:13 PM
 #18

This depends on Bitcoin's demand when that time comes. When Bitcoin's demand continue to soar, it will magnificently increase its investors' spending power thus helping world economy meet the equilibrium of supply and demand. At the outset, this increased Bitcoin demand may increase the demand for fiat currency when people who earn Bitcoins decide to cash out and spend in fiat. Of course, this is assuming that Bitcoin will still not be regulated in the future.
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December 18, 2017, 04:15:57 PM
 #19

How do you think bitcoin will affect the world economy by 2028?
You can't say. It's bitcoin, you see, it is not easy to predict about. Expectations are obviously high but sometimes they are too high than what is required. Bitcoin will be vital for a decade but after that only time can tell what will happen.
It is obvious that bitcoin can contribute positively to the world economy, especially to people who have a strong desire to move forward and improve the economy in the world and in life, but all this has not been able to go smoothly because there are still many people who do not know about bitcoin or anyone who knows but has not contributed to this bitcoin.

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December 18, 2017, 05:07:22 PM
 #20

With most country accepting bitcoins, there has been a businesses being opened with bitcoins alone, there are people who buy and sell bitcoins and those who trade with bitcoins. It has created a lot of jobs and removed people from extreme poverty and i am one of those.



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