is there any economic effect for the country or bitcoin users

[klasik1980]

impact  bitcoin on the economy is little bit like nothing, but it don’t mean that it is not going to leave the impact on economy, as you know many country decide to make cryptocurrency trade illegal, and this is the reason behind the cryptocurencies don’t make much impact on economy of the country.

But still, there is much more about the impact behind the cryptocurrencies as many of reputed brands started to invest in cryptocurrency, this will become the big factor in future that definitely affect the economy.

[Gameroid]

Offcourse,there are a effect on economy and bitcoin users.Because all the works of crypto are related to the economy.Big or small changes of cryto effect on economy. There are positive effect on national income.Many people can earn money by bitcoin and it increase the county development

Very honestly i do not think that it will such such a big effect on country level. i think that it can only effect the economical condition of a single person or just his family, for example  before bitcoin trading i was passing my time very hard, i was always facing financial problems but now after crypto trading it is really giving me a good financial support and hope that it will continue it for a long long time.

[GoodLuck2]

Offcourse,there are a effect on economy and bitcoin users.Because all the works of crypto are related to the economy.Big or small changes of cryto effect on economy. There are positive effect on national income.Many people can earn money by bitcoin and it increase the county development

Economy has a direct concern with the wealth of citizens. The way of life, the earning source, the earning money, the life standards and putting back to the society, this all have direct relation with economy. So we can’t just deny the fact. But bitocins have better results in this regard. People have got wealthier and now they are putting back better to the economy of their countries.

[Domenc]

I think when you will just use Bitcoin as a payment method then it will make difficult or nearly impossible process for the government to track your earnings, also problem will increase if no one continue to use national currency and it will cause damage to national currency and falls its value in intentional market, despite it will increase Bitcoin value with increase popularity still it will effect national currency.

[Vatimins]

now there are some countries that began to issue a ban on the use of bitcoin, is there any influence on the country and of course its users in economic value?

     I believe so because you see, bitcoins are like any other stuff out there that are being used or needed. If it loses the users or the ones that need it, it will surely decrease in price and the other way around if its users increase. Now, if you are a holder of any coin out there or bitcoins, if various countries that have great amount of crypto holders bans cryptos, you will clearly be affected by the price dump. That is what I think. I hope this helps, good day op.

[Hazaki]

Citizens that are invested into cryptocurrencies will certainly be a bit affected by the country's decision , but i don't think that these countries can really find the people who are violating the rules due to the anonymity of the cryptocurrencies , and the best they can do to prevent citizens from doing their crypto activity is to censor access to exchanges and crypto wallets ( and even that can't be a radical solutions since there are numerous tools that help overpass such censorship .. ) .
Countries that banned cryptos pretend to be afraid that their citizens financial status may be affected by cryptos that can turn up to be scams , but in reality they can't stand seeing people having a side source of money without paying taxes ..

[wtbhitlv]

These countries do not have a big impact on the economy and bitcoin users in the short term, but the impact on the economy and users is huge after the more powerful community has developed, and many big companies will quit bitcoin related businesses, which will develop rapidly in countries open to bitcoin.

[kalawang]

now there are some countries that began to issue a ban on the use of bitcoin, is there any influence on the country and of course its users in economic value?

bitcoin will give us a big impact on our economy infactmany work are produce by bitcoin so if you have bitcoin or bitcoin was supported by your country you are lucky cause bitcoin will give you and your co citizen a work so everyone will have work and also money. we must support cryptocurrencies cause it has a big potential and dynamic effect on our economy right. biggest fear is when government interfere in our crypto so our crypto will be lost or dump

[Aikidoka]

When a country is against the use of bitcoin and then bans it, the value of bitcoin decreases. Therefore, it will be affected badly on bitcoin users. The economy has nothing to do with that. On the contrary, it will make people give up relying on bitcoin and resort to its primary currency or even banks if they want to store their money. On the other hand, some people still use bitcoin but not legally. I mean they use the VPN, and so on.

[Dudeperfect]

Bitcoin is just a vehicle of finance and it depends on the users that how they are driving it. I think if adopted on a global level then Bitcoin can not only optimize the economies around the globe but also it will save much time and cost of the transaction resulting in the increase in the efficiency. On the other hand, it takes away the control and power from the centralized authorities like the governments and transfers it to the users and that's the reason why governments don't want us to use decentralized currencies.

[Tan_avia)vl.]

Bitcoin, like the other cryptocurrency, decentralized. The possession of Bitcoin is almost impossible to track, of course, only in the event that ecли you visit tell us about their bitcoins at every step. Cryptocurrency can bring in the economy a tide of money, but so far, all economists understand how to benefit from it. I think so.

[Jaydis]

I guess that the reason why other country still don't recognize bitcoin as a source of money or income is because bitcoin doesn't have a tax so the government doesn't want to endorse or to promote it even though it seems that they could have a lot of opportunities and chances to enhance the life of person or to change the way of living especially to those unemployed and the disabled person also and it will affect us and also our economy.

[jimmybush07702]

Offcourse.there are an impact on economy and bitcoin users.Because every one of crafted by crypto are identified with the economy.Big or little changes of cryto impact on economy. There are constructive outcome on national income.Many individuals can win cash by bitcoin and it increment the region advancement

[w33man]

now there are some countries that began to issue a ban on the use of bitcoin, is there any influence on the country and of course its users in economic value?

I think there is, cryptocurrency was able to distribute wealth to other people through cryptocurrency income. So, let's say an investor from my country invested in an ICO that is developed in Australia and earned a lot of money, if it is cashed out I think it has some how an effect in my country's economy.

[Ramtapsbtc]

Offcourse,there are a effect on economy and bitcoin users.Because all the works of crypto are related to the economy.Big or small changes of cryto effect on economy. There are positive effect on national income.Many people can earn money by bitcoin and it increase the county development

Very honestly i do not think that it will such such a big effect on country level. i think that it can only effect the economical condition of a single person or just his family, for example  before bitcoin trading i was passing my time very hard, i was always facing financial problems but now after crypto trading it is really giving me a good financial support and hope that it will continue it for a long long time.

I addtion to bitcoin helping the economy is that it reduce unemployment rate, This can be the source of school payments to students who are into bounty and most of all this can help poverty because families are doing well with there financial status parents can now afford to send there children to school.

[Harrisonimo]

now there are some countries that began to issue a ban on the use of bitcoin, is there any influence on the country and of course its users in economic value?

There will definitely be an economic decline if suddenly a country that has been allowing the operations of Cryptocurrency suddenly instil a ban! The effect will be massive! You need to look at the volume of money invested in Cryptocurrency at the moment to know what I mean! A sudden withdraw can paralyze some active economy that has been sustained by the Cryptocurrency.

[jayyen]

An economy is good when the people have money to spend.If the people in a country are well resourced,the entire country will feel the impact. Bitcoin has a lot of advantages for an economy because it provide jobs,investment oppplortunities for investors and can attract miners to a crypto friendly country.All these will boost the economy greatly.

[cryptomoon1004]

Countries with friendly regulations for cryptos might be helpful in long term from an economic perspective... Look at Japan, the tech space as well as economic activity in last 2 years has alreay seen a positive jump... Now, multiple this by 5 times and say for next 5 years it will follow the same curve...

Compared japan of future vs other country which is powerful today but not crypto friendly... The future / economic benefit will be huge

[yoseph]

now there are some countries that began to issue a ban on the use of bitcoin, is there any influence on the country and of course its users in economic value?

I think there is, cryptocurrency was able to distribute wealth to other people through cryptocurrency income. So, let's say an investor from my country invested in an ICO that is developed in Australia and earned a lot of money, if it is cashed out I think it has some how an effect in my country's economy.

Well most countries ban bitcoins because they claim that it's going to devalue their local currency, it goes to show that it's not the case at all, because other countries have legalized it in their country theu have seen an increase in revenue from taxes they get from crypto.

[mimienamphine]

The acceptance of bitcoin for transaction in a country will boost business because people from every part of the world can buy goods from those countries.This will help in revenue to the countries.Miners can also decide to go and stay in any country that welcomes them and can contribute great to the economic condition of that country.