Bitcoin contribution to world economy

[BertoloyBTC]

If bitcoin can really help the the jobless people ,earn for their every day living, then bitcoin is just like helping and contributing to the world economy , because people without work can contribute and help worsen the economy , with the help of bitcoin it might contribute to the success of the economy.

[netil]

Bitcoin can become a great lifeline for the global economy if it is allowed to develop normally. Now development is hampered from all sides, primarily by politicians and large businesses.

[ajoygb]

One of the contributions of bitcoin in the world economy is that has steadily worked its way towards dominating every aspect of the online community. The consumers now a days have become more reliant on online transactions as a more convenient means to pay for products and services. What’s more, a lot of people that are already managing their own bitcoin wallets have full confidence that their virtual cash enjoys the same level of security as real money.

[DOLONCHAPA]

I think Bitcoins will have a good impact in a world economy because it is one types of currency & every currency helps the economy.    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.

[manismanja]

in my opinion it can happen when the conditions of bitcoin prices can be stable and do not make price movements very quickly because when that happens it will be very terrible and make many people suffer losses.

[zhanyiguai261315]

Bitcoin triggered a revolution in the money market and reshuffled the existing financial order! Let people have more ways to invest and reduce people's dependence on banks!
Many BTC exchanges have increased local taxes, and many countries have begun to research and develop blockchain technology. Recruiting blockchain talents has promoted employment to some extent!

[AlienSeeker]

A decade from now, Bitcoin may or may not have an impact to the world economy by then. If ever bitcoin will impact the economy by 2028, I can't ensure that it will be a positive one. Bitcoin's full history is not that disclosed to the masses, thus, having it as a public currency has a lot of unknown impacts based on the knowledge acquired by now. Many issues regarding bitcoin are slowly emerging. This may create conflicts or also may create positive impacts. Whatever its effects, we always hope that it would be a positive one so that we can know that the world is developing because of it.

[SirLancelot]

If bitcoin can really help the the jobless people ,earn for their every day living, then bitcoin is just like helping and contributing to the world economy , because people without work can contribute and help worsen the economy , with the help of bitcoin it might contribute to the success of the economy.

Well I don’t think this problem could be solved. Rather I even don’t consider it as problem though. The reason is, bitcoin has all such gorgeousness and beauty and fame due to this fluctuation. This volatility gives it more value and popularity. Otherwise it would become same as other source of income that aren’t that much attractive as bitcoin.

[hawkins]

I think Bitcoins will have a good impact in a world economy because it is one types of currency & every currency helps the economy.    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.

of course it will have a good effect if an organization aims to make the economic contribution of the world better. but so far, people who hold bitcoin are currently more focused on contributing in the economic field, compared to other things.

[Roksodhon]

I think bitcoin and altcoin have lot of contribution to the world. Specifically conceived in economics. World crypto has helped many people in obtaining a better life, many of which earn additional income, like investing, mining, trading even by doing bounty campaigns. And in the wider world side crypto has been helped thousands of developers in developing their products. and many more other contribution.

[Mia Wallace]

Bitcoin is an electronic asset or a digital currency which can be operated world wide for the benefit of the global community The introduction of bitcoin is a revolution to the global economy which supersedes the entire economical concepts of the world and it is the greatest findings of the century..The bitcoin originators intention is to provide the economy related services to the global community ad it has  attracted confidence of the global investors which has a strong net work systems and its contribution to the world economy is very attractive.

[St4yInTh3D4rk]

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

The people who can hold their bitcoins until will really make huge profits if the bitcoin stays at that time,bitcoin maybe adopted by the more people so the cap value maybe in trillion which is a considerable amount in the world economy.It maybe creates new business ideas which can avoid the unemployment at some extent.

[Holucoin10]

Being an unregulated currency that is based solely on data, bitcoin enables unbridled access to a secure credit system. Considering that it is stable (for now, at least), it will continue to bridge people who are isolated with global merchants. This will certainly open up new markets and opportunities that will further influence economic growth. In addition to that, bitcoin does not have to require exorbitant transaction fees and withholding taxes, which is what makes it so attractive in the first place.

[Holucoin10]

Also, For economies that depend heavily on its overseas workforce, remittances are what drives growth.At present, money transfers are facilitated by banks that charge extra in processing and transaction fees. Aside from that, transaction time is relatively slow and it would take seven days at the latest before the receiving party can access the funds. With bitcoin, on the other hand, people can get around these caveats and get more from their money than what traditional wire transfers entail. What’s more, currency conversions through such transfers are costly, whereas bitcoin conversions are much simpler and do not entail any such costs whatsoever. From this, we can only expect overseas workers to depend heavily on bitcoin as a more convenient and less costly means to send money to their loved ones.

[fortresscoin]

In the developing world only those with an entrepreneurial spirit will profit the most from bitcoin and the blockchain applications in general.  However, the vast majority just need a quick way to move their money and receive remittances from abroad if they’re lucky, which they can already do with their mobile phones.  As for the rest of us, bitcoin and its many spin-offs are changing everything from privacy and more control over our banking to boundless applications for governments to deliver goods and services.  Though we’ll need till 2028 to see this last part happen.

[bilyboy]

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

In my opinion. Bitcoin no have effect in world economy,because world economy have fiat for payment. Like dollar, yen, euro, etc. If bitcoin can be legal in all of the world, i think bitcoin can be effect to world economy because bitcoin can be payment for buying something.

[Odik_sidik_04]

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.

yes right, I also think it is impossible for the closest year to come because bitcoin is not a real value currency for the world economy. where the value and price of bitcoin itself which rise and fall are unpredictable, causing an impact that is difficult for the community to accept. but it could happen in the next few decades when the price of bitcoin can be said to be stable.

[Ch01ce0N3]

Seeing the development of bitcoin from time to time throughout the world, it seems that the existence of this crypto currency will greatly affect the world economy. Bitcoin will become a world currency that has very high value and makes people try to get it, both as a tool that they will use to buy and sell or for investment. In 2028, it looks like this crypto currency will become an economic mecca. The size of the value, will be determined by this crypto currency. So we all welcome the presence of crypto currencies.

[Sadlife]

Bitcoin will benefit greatly once it become a main stream currency or be use as payment for e-commerce or local businesses but even if it doesn't it can still benefit the world economy through conversion of fiat to crypto currency. Of course when large amount of crypto is cash out by whales they need to convert to fiat currency in order to use it and spend it.

[Roukawa]

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

I can't see the future of bitcoin in 2028 but I am positive about the journey of bitcoin since there are regulations come with it. Though right now, we can see how does the market bleed and many people are sayin that bitcoin as well as Cryptocurrency will die. However, that is just a speculation because crypto falls down but in case that the 20K dollars of bitcoin will break, the future will belong in cryptocurrency.