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Author Topic: Bitcoin can be useful for a troubled economy  (Read 32720 times)
bitzizzix
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June 01, 2018, 08:00:57 AM
 #181

Bitcoin greatly helps one's economy and can solve economic problems, because bitcoin can provide income or as an additional income to meet its needs in daily or other needs.
bitcoin can help in many ways as well as those who need it especially in the economy.

 
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Blue Bell
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June 01, 2018, 08:06:33 PM
 #182

very true and thanks to bitcoin people in this world who are still experiencing problems about the economy it can be helped and better also because with the help of bitcoin. and I was also originally my economy is very bad and with the existence of bitcoin my economy can be better and better too
Bitcoin is great help to our economy and we are now getting better life with help of bitcoin, the more we are getting close to bitcoin the more we are able to earn profit, for me bitcoin is an investment but to be honest bitcoin is my whole life and I am nothing without bitcoin, long ago when I lose my job, I was not having anything to feed my family but then I started bitcoin and my life is now more than a blessing because of bitcoin only.
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June 01, 2018, 09:41:58 PM
 #183

Indeed very many people who are already in bitcoin is getting better in economic terms because with the bitcoin we can find a decent enough income and the results obtained from bitcoin can help someone who mired in the economy So he just from the economic downturn.

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June 01, 2018, 09:48:30 PM
 #184

Goldman Sachs: Bitcoin can be useful for a troubled economy

According to the report of Goldman Sachs, Bitcoin and other crypto-currencies can be a good alternative to the national currency for countries with an unstable economy.

 Analysts at Goldman Sachs Zack Pandle and Charles Himmelberg said that digital currencies and, in particular, Bitcoin, can become a viable means of payment in countries where traditional money is not sufficiently provided.

Goldman Sachs experts: crypto-currencies can help the troubled economy



Yes bitcoin can actually bring wealthy to different countries only if they are going to legalized cryptocurrency on their area just like what japan is doing today.

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June 01, 2018, 09:51:39 PM
 #185

well it seems that the world and elites are going to go in deep with the crypto currencies. If they do so I don`t think that the decentralization will continue to be decentralization anymore but it will take a central such as the other currencies.

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June 01, 2018, 10:00:09 PM
 #186

well it seems that the world and elites are going to go in deep with the crypto currencies.
What if they are also the one who planned this along with their one world government, one world currency and new world order? conspiracy eh?
If they do so I don`t think that the decentralization will continue to be decentralization anymore but it will take a central such as the other currencies.
If a country regulates it then it won't be decentralized anymore, everything will be centralized.
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June 02, 2018, 05:20:34 AM
 #187

Goldman Sachs: Bitcoin can be useful for a troubled economy

According to the report of Goldman Sachs, Bitcoin and other crypto-currencies can be a good alternative to the national currency for countries with an unstable economy.

 Analysts at Goldman Sachs Zack Pandle and Charles Himmelberg said that digital currencies and, in particular, Bitcoin, can become a viable means of payment in countries where traditional money is not sufficiently provided.

Goldman Sachs experts: crypto-currencies can help the troubled economy



For me, bitcoin can really help a troubled economy but the thing and question is, will those people with huge amount of bitcoin willing to use their bitcoin to help their nation's economy to rise?
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June 02, 2018, 05:42:59 AM
 #188

it's true because from last year bitcoin has helped the economy is still low to a better level. therefore bitcoin is a lot of likes because bitcoin can help a troubled economy
kiloiko
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June 02, 2018, 05:51:49 AM
 #189

True and I quite agree with what the analyst at Goldman Sachs Zack Pandle and Charles Himmelberg said. It could really be a great help to those countries where money is not provided enough. For as long bitcoin will be put into good use, the economy of a certain country can actually become better.
Bitcoin and all other crypto coins which are there in the world of the crypto currencies are no doubt good coins when it comes to that of the investing of the money and that they will surely help us in improving our economic system. The only thing which needs to be done is the acceptance of these coins so that people can invest in these coins without any kind of fear to have a better future.
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June 02, 2018, 07:24:10 AM
 #190

bitcoin helps the bankless economy and provide resources like job and investments for individual to be self sufficient and it is good for economy in return
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June 02, 2018, 07:54:26 AM
 #191

bitcoin helps the bankless economy and provide resources like job and investments for individual to be self sufficient and it is good for economy in return

I believe so, specially that our economy is currently not in good shape, bitcoin helps the individual to at least improve their lives and helps more helpless people to survive.

hatsoff2btc
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June 02, 2018, 08:21:02 AM
 #192

Yes Bitcoin and other Cryptos can be beneficial to struggling countries. Zimbabwe is a good example I read up on, recently lifting their ban on Crypto dealings. http://bitcoinist.com/high-court-zimbabwe-lifts-regulators-cryptocurrency-ban/

This is great news, the people of Zimbabwe really need cryptocurrencies to store their value when there are very few dollars and the government is once again cheating them, so I'm really glad they have access to crypto again now they need to get bitcoin as fast as they can before they lose that right again.
Actually this is really great to see some countries accepting bitcoins. Sometimes it is about to choose the best way to make your country amazing in economics and I think people of Zimbabwe have taken the charge and start changing their countries economics. This is fantastic step by them and the government must be angry with them as they don’t want their country to get established.
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June 02, 2018, 09:58:47 AM
 #193

I think bitcoin is example how monetary system should be work. Bitcoin run with blockchain and old ledger that hard to manipulate and i think economic system have a trouble because the system manipulating the ledger and money supply

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June 02, 2018, 12:06:59 PM
 #194

The reality of the matter is that bitcoin can enable individuals to out of neediness and xan give a superior future fiscally, many individuals including me as of now feel the impact of bitcoin, bitcoin could give a salary and new opening for work that can assist individuals with getting a superior life, if the administration bolster bitcoin then it will beyond any doubt increment the cost and bitcoin could enable more to individuals.
not only that when a population with a high priority all use bitcoin indirectly their economic value follows the development of bitcoin in the world so that the need will increase and their economy will increase even will have an impact on their country's economy.
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June 02, 2018, 12:13:00 PM
 #195

YES, in troubled economy of an environment or country, how to survive becomes the struggle of the people and if bitcoin is available they are definite to survive, even in my country we have been battling with economy recession but we have always been able to survive the hurdles with this great opportunity.

Of course . in crypto they can get a job in return for bitcoin. the same meaning they have a job with money they can spend. This greatly helps their economies to survive.
yes that's right ... with its bitcoin in crypto very helpful economy, of course for those who want to learn and receive well the existence of bitcoin.
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June 02, 2018, 12:41:31 PM
 #196

Bitcoin and altcoin for Unstable economy? I think it's only a portion for that as helping the economy of certain country, it will helps in certain way for all people who works hard also.
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June 02, 2018, 01:29:42 PM
 #197

If theres only a one celebrity, or powerful man who could shill, and explain to close minded people the beauty of crypto and how it could help our nation. Then this would start a bullish market at no time.
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June 02, 2018, 03:41:02 PM
 #198

I agree because some countries have been improving their economic growth year by year due to bitcoin's massive growth of population. and because of this bitcoin has already helped a country reduced their unemployment rate.

 
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June 02, 2018, 04:05:31 PM
 #199

In reality a lot of individuals who are as of now in bitcoin is showing signs of improvement in monetary terms in light of the fact that with the bitcoin we can locate a sufficiently good salary and the outcomes acquired from bitcoin can help somebody who buried in the economy So he just from the financial downturn. In the event that a nation directs it then it won't be decentralized any longer, everything will be brought together.
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June 02, 2018, 04:12:59 PM
 #200

This is actually kinda true. I can be a witnessed or a representative for my country because we suffer extreme poverty and shortage and high unemployment rate and I think because of bitcoin if I look at it at my bitcoinmates many have bought there own car and build their own homes or businesses. Many have been successful and has overcome poverty and has been self-employed.
The success that bitcoin can bring to a person is so great that sometimes is difficult to believe, if you live in a country that is in a bad economic shape it becomes very easy to get by even with the smallest earnings of bitcoin, in fact in the countries where the situation is getting worse bitcoin has been a life saver and people are surviving in those difficult conditions thanks to their small earnings in bitcoin but as you may guess governments are not happy with this, they will prefer all their population to starve to death than to have some of them prosper with bitcoin.

 
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