Bitcoin contribution to world economy

[Sadlife]

I dont think it has much effect on a countries economy if a country accept and legalized bitcoin then it may have effect when converting bitcoin into that fiat currency but most of countries and people doesn't know anything about bitcoin so if one person holds btc that individual who holds bitcoin can only affected with his financial economic needs.

[Asmonist]

Definitely it does make contribution to the world economy. Its part of our economic system now. We buy and sell bitcoin for goods or services. Our economy is going digital that makes cryptocurrencies like bitcoin to contribute in its changes. There are no regulations yet but the technology demands its purpose and this must be properly considered. Its not only about how it was created or how it was used, but its more on the adaptation of digital world through bitcoin.

[Wittycoin]

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

I think it will improve the economy of the world by 2028 because of the job it gives to people.  Also I think bitcoin will be the main cryptocurrency to be used in the world by 2028 and I think people will not be using paper money or coins but will be using digital money by 2028.

[ansh_848]

Its contributing to the growth of country economy if you earn you pay taxes and its contribute to the indian economy than growth increases. If growth increases than contribution goes into the world economy.

[rphk]

As now this is digital era and crypto currency in the digital world gaining more popularity, day by day bitcoin price is increasing and more people interested in investing with the bitcoin crypto currency . because the popularity and with more investment price rising and now it is u to $16000.And becuase this more people getting employment ,in every aspect like mining , trading etc. it will be more popular by 2028.

[novhitadaloma]

I do not think there is any influence now on the world's finances, as well as the current bitcoin that has contributed a lot to it.
 

[fullhdpixel]

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

By 2028 I am sure that bitcoin will be the only coin which will overcome all other currencies paper, fiat or digital, because a huge amount of people are investing in bitcoin due to high volume of profit. And in this world all the people want to earn as much money as they can and bitcoin has provided this opportunity. Now it is up to people how they utilize bitcoin and make money from their investments.

[Shamie1002]

World economy will still be based on every country that would be smart in the usage and acceptance of bitcoins. And will depend on the application itself. A country may allow exchanges but due to its decentralisation, it will be hard to know what specifically is its effect on a country's economy. Government is still in charge of such matters that it's why bitcoin toward the acceptance by the government is still debatable. Until know, it is still a puzzle how will it be effective without bringing burden to the user. Users are hoping to have less pain in transactions that is why they started using bitcoins. Putting taxes and fees are already a burden by some.

[Choyor]

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

Actually no one can see exactly what Bitcoin can contribute to the world economy, let alone you speculate that far. If we look at the development of Bitcoin quite well these days, but what we regret is the absence of full government recognition (especially in my country), which in the end is feared the government will always limit the development of Bitcoin itself, so that Bitcoin will decline and can not contribute to the world economy.

[millgates]

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

Bitcoin will change many thing. Especialy in monetary transaction which earlier were enabled through central bank. Bitcoin will change this, the power that was vested in governments and central bank will shift to the masses. The positive side is the money will spread better than now.

[DBronze98]

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

Bitcoin is pushing many investors into the crypto market, many of which have hired crypto and have acquired a large amount of money that has driven the country's development.

[migolmigol]

The world economy beomes healthy and good in performance with the money revolves around. Cash movement may it be in local or international makes up a good economy in terms of it's operation. And with bitcoin around, the wrold economy performs better with the cryptocurrency activities available like trading, Bitcoin mining, services with Bitcoin payment, Bitcoin as a mean of payment to buy consumer products and many more. It's contribution to the world economy continues to grow as the demand of it also grows.

[julzcoinbit]

On my own opinion, yes definitely bitcoin contributed to the world economy. Bitcoins really helps on many people's lives by providing them as a source of income for the jobless people and an extra income to those have a regular job which has helped to pay off the day to day expenses of their lives. Also, bitcoin helps a lot of people to get out from hungerness and poverty by providing them a food to eat. All of this thing helps a lot to the economy in our society but I don't think in the demand and supply for the prices of our products since some of its prices are continue to high which it gives burden to those poor people.

[_Dawid_]

It will have an impact the same way it has an imapct currently.
As you said the vaule of it coin is a speculation... Co the money i mean new value is a created value. So we can say thet money are creating right now, people have more money, everyone is spending more and as result the country earning more and more money mainly by fees.

[RamonBTC]

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

Just curious why 2028? Or maybe because it is the 10 years in the future. So I will take mostly what I observe now and put an predictions on what are telling signs. 2018 will be like this year up to 2020, but onward a big turnaround that will make bitcoin the center of investment in 2028, bitcoin is the new most used currency around the world.

[snipetr]

I think bitcoin will be major contributor for world economy in future. As bitcoins value increases, more and more people's taking interest in it, people realises benefits of it.
Thats create demand of bitcoin all over the world, people will use it for trading, investment and as payment mode. So that directly contribute in economy.

[Lpim01]

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

Bitcoin is pushing many investors into the crypto market, many of which have hired crypto and have acquired a large amount of money that has driven the country's development.

Cryptocurrency is spread worldwide and now it started to used by the community in any transactions that it can be accepted. As it grows, more people will make this thing as an investment aside from being considered as a money for payment.
Most probably, government will imposed tax to those who are holding this coins just like of having fiat money.

[BTCeminjas]

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

We have our speculation to answer you're question, maybe at that time bitcoin has have more development to us and to economy in our country, more establishments and department store have a gadget to pay bitcoin good for as cash. I hope that time bitcoin more expensive.
It really help to us as a user of bitcoin by individual to have an income specially for those people who unemployed.
Who knows at that time bitcoin have a freedom to all countries and not regulated and controlled by our government.

[Smarty14392]

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

Not really, I don’t think it will do anything more than what it has done this time. I don’t really see any much changes, unless, maybe countries in the world will decide to adapt to making use of cryptocurrencies as their main currency, but I don’t think that will ever be possible. There are people who are not good in this, so they won’t be able to make use of it.

At the very present time, bitcoin is not able to make a major contribution towards the betterment of economy of this world. However, it all depends on the attitude and interest of the government officials. If they are really interested in making bitcoin a legal currency, then bitcoin can for sure bring a lot of wonders to this world. Till that time, nothing good can really be expected.

[won99]

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

I think ten years ago the state always in progress. Sure that bitcoin always support economy the world. Many people join in bitcoin and the have double income. So it is give the big affect in the world