Bitcoin Forum
November 14, 2018, 06:09:23 AM *
News: Latest Bitcoin Core release: 0.17.0 [Torrent].
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 [9] 10 »  All
  Print  
Author Topic: The impact of bitcoin on the financial stability of a country  (Read 624 times)
andrei56
Sr. Member
****
Offline Offline

Activity: 714
Merit: 254


View Profile
April 02, 2018, 03:27:46 AM
 #161

What is the impact of bitcoin in a country's financial stability?


The impact will be positive, IMO.
Consider Japan's stand on embracing bitcoin and the blockchain technology.
Even if they are already a progressive country, they still adopt bitcoin because they know it will push their country's economy even further.
I think the impact of bitcoin will be different in each country, in Japan the effects are going to be very positive because they have decided to take a step forward and be one of the countries with the biggest adoption of bitcoin around the world, but I think that in other countries there will be a negative impact, why? Because money will begin to flow outside of those countries to go to countries that are accepting bitcoins like Japan.
1542175763
Hero Member
*
Offline Offline

Posts: 1542175763

View Profile Personal Message (Offline)

Ignore
1542175763
Reply with quote  #2

1542175763
Report to moderator
1542175763
Hero Member
*
Offline Offline

Posts: 1542175763

View Profile Personal Message (Offline)

Ignore
1542175763
Reply with quote  #2

1542175763
Report to moderator
You get merit points when someone likes your post enough to give you some. And for every 2 merit points you receive, you can send 1 merit point to someone else!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1542175763
Hero Member
*
Offline Offline

Posts: 1542175763

View Profile Personal Message (Offline)

Ignore
1542175763
Reply with quote  #2

1542175763
Report to moderator
zanzay
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
April 02, 2018, 04:17:44 AM
 #162

The virtual world will be an important part of the future of the world, including the people of Indonesia. Sooner or later Bitcoin and altcoin will play a role in the economy. There is a need for in-depth study and research on this to develop macroprudential instruments and indicators to detect digital currency susceptibility to the financial sector. And this is already part of the task of the government in maintaining the stability of the Financial System. In many countries the presence of digital currencies such as Bitcoin still invites pro or contra debate. Part of the bitcoin counter is a threat to conventional money and closely related to monetary. For some who pro think Bitcoin is tantamount to a regular currency because it has value and the same function
traderethereum
Hero Member
*****
Offline Offline

Activity: 938
Merit: 501


REPUBLIA


View Profile
April 03, 2018, 06:49:49 AM
 #163

Bitcoin is the positive indicator in financial stability of country.Government will realize that Bitcoin is part of economy and its legal form will make more contribution in financial stability and economy of the country.Bitcoin transactions are safe and secure no need third party and paper work,Bitcoin also reduce the expenses as compare to fiat money.
For now , Governments were not into it as we see many still not accepts it or in doubt of its capabilities, maybe in ICO, but soon when they see how blockchain can change the transactions for better, that's when the effect can be seen and will be a factor of a country.

I think, for now, the government don't want to talk much about bitcoin so they can investigate about bitcoin by secret without public know what they do. but soon, after bitcoin spreads more in many places and many people interesting with bitcoin, the government will announce the statement about bitcoin and they are finished to learn and studying about bitcoin. and in that time, we can feel the effect of bitcoin and at least, people can have another source to make money.

atjiat
Full Member
***
Offline Offline

Activity: 392
Merit: 100


Alfa-Enzo: Introducing the First Global Smartmarke


View Profile
April 03, 2018, 08:42:20 AM
 #164

What is the impact of bitcoin in a country's financial stability?


The impact will be positive, IMO.
Consider Japan's stand on embracing bitcoin and the blockchain technology.
Even if they are already a progressive country, they still adopt bitcoin because they know it will push their country's economy even further.
I think the impact of bitcoin will be different in each country, in Japan the effects are going to be very positive because they have decided to take a step forward and be one of the countries with the biggest adoption of bitcoin around the world, but I think that in other countries there will be a negative impact, why? Because money will begin to flow outside of those countries to go to countries that are accepting bitcoins like Japan.
Undoubtedly, if some countries legalize the crypto currency, then others will be forced to do the same. The fact is that financial relations between countries have a very strong influence on political relations and I think that this will only lead to positive consequences.

......A L F A ─ E N Z O......
\▼/ "Develop, standardize, protect, and promote" the AEF Ecosystem \▼/
...FACEBOOKTWITTERTELEGRAM...
OrangeSeller
Hero Member
*****
Offline Offline

Activity: 882
Merit: 500



View Profile WWW
April 05, 2018, 09:42:10 AM
 #165

Bitcoin is the positive indicator in financial stability of country.Government will realize that Bitcoin is part of economy and its legal form will make more contribution in financial stability and economy of the country.Bitcoin transactions are safe and secure no need third party and paper work,Bitcoin also reduce the expenses as compare to fiat money.
For now , Governments were not into it as we see many still not accepts it or in doubt of its capabilities, maybe in ICO, but soon when they see how blockchain can change the transactions for better, that's when the effect can be seen and will be a factor of a country.
Blockchain technology is very helpful for Bitcoin and its users to buy and sell easily with no doubts and no any other agreements it just takes you to transact to whom or buy from whom? All these transactions are due to the availability of Blockchain technology. If countries adopt it fully then Bitcoin demands will increases and thus its price will also grow.

     ▄▀▀▄         ▄▀▀▄
     ▀▄▄▀         ▀▄▄▀              ▄▄
       █           ▐▌           ▄▄▄█  █
       █      ▄▄████████▄▄    ▄█▀   ▀▀
       █▄▄▄▄████████████████▄█▀ 
         ▄██████▀▀▀▀▀▀▀███████▄ 
        ██████▀         ▐███████
 ▄▄    ▐█████▌   ▄████▄▄████████▌    ▄▄
█  █▄▄▄███████▄     ▀▀███████████▄▄▄█  █
 ▀▀    ██████████▄▄     ▀████████    ▀▀
       ▐███████▀▀████▀   ▐██████▌
        ██████▌         ▄███████
         ▀██████▄▄▄▄▄▄▄███████▀
          ▄█████████████████▀▀▀▀█
        ▄█▀   ▀▀████████▀▀      █
       █▀          ▐▌           █
       █            ▀▀▀█        █
      ▄▀▀▄            ▄▀▀▄     ▄▀▀▄
      ▀▄▄▀            ▀▄▄▀     ▀▄▄▀

.SOVREN.

.Blockchain Innovation for Securities Markets.      Current STO Sale Price

          Trade. Pay. Borrow. Play.   ─────────────────────       ..1 SVRN = $1.00..









             ▄████▄▄   ▄
█▄          ██████████▀▄
███        ███████████▀
▐████▄     ██████████▌
▄▄██████▄▄▄▄█████████▌
▀████████████████████
  ▀█████████████████
  ▄▄███████████████
   ▀█████████████▀
    ▄▄█████████▀
▀▀██████████▀
    ▀▀▀▀▀









                          ▄▄▄
                    ▄▄▄██████
              ▄▄▄█████▀▀████▌
        ▄▄▄████████▀ ▄██████
  ▄▄▄██████████▀▀  ▄███████▌
▀███████████▀   ▄██████████
   ▀▀▀███▀    ▄███████████▌
        █▌  ██████████████
        ▐█ ██████████████▌
         █████▀ ▀████████
          ██▀      ▀████▌
                      ▀▀
Adamant06
Member
**
Offline Offline

Activity: 167
Merit: 11

“The Future of Security Tokens”


View Profile
April 05, 2018, 10:30:24 AM
 #166

The effect of bitcoin is on the positive side,  it helps the financial stability of a country, by helping people earn coins they could change and make a good amount of money from it. Bitcoin in this case increases  in helping the people in the economy.
Whether this is a bubble, destined to collapse, or a sign of a more radical shift in the concept of money, the implications of bitcoin and other cryptocurrencies for central banking and financial stability will be profound. There is no telling how far this trend will go. Technically, the supply of cryptocurrencies is infinite.Demand is related to mistrust of conventional stores of value. If people fear that excessive taxation, regulation, or social or financial instability places their assets at risk, they will increasingly turn to cryptocurrencies.

abayan
Sr. Member
****
Offline Offline

Activity: 630
Merit: 260


Transforming the Global Shipping Industry


View Profile
April 05, 2018, 11:02:42 AM
 #167

Maybe for now, we cannot see the impact of bitcoin on the financial stability of a county since bitCoin has just been so famous this last few years. But I must say that people who had been involved in this investment becomes financially stable that therefore somehow affect the country where they belong.

         ▄███████▄▀▄         
     ▄██▌████████▀▀ ▄██▄     
    █████▐███▀▀▄▄██▄▀█████   
 ▄█ ▄▄▀▀██▄▀▀▄██████▌▀███▀▀ 
 ██▌████▄ ▄▄ ▀██████▄ ▄▄▄███▄
▀▀██▌▀█▀▐█████▄▀██████▐██████
██▄▄▀  █████████▄▄▀▀█▀▐██▀▀▄▄
▐▄▀██  ▄▄▄▄▀▀▀▀▀████▄  ▄▄███▀
 ▀█` ▐█▄▀███████▄▄▄▄▄▐█▄▀███
  ▀▌█▄▄▀▀ ▀▀████████▀▐███▄▀ 
    ▀█████▄ ▄▄▄▀▀▀▀ ▀▀▀▀▀   
      ▀▀████▄▀████ ▄██▀     
          ▀▀▀▀ ▀▀ ▀         
]   GSCP TM

Blockshipping
▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅


 
▄██
███
███
███
███

TRANSFORMING THE GLOBAL

CONTAINER SHIPPING INDUSTRY
 
▄██
███
███
███
███
███
███
■  Enables Savings

■  Global Adoption

■  Reduces Emission
         ▄███████▄▀▄         
     ▄██▌████████▀▀ ▄██▄     
    █████▐███▀▀▄▄██▄▀█████   
 ▄█ ▄▄▀▀██▄▀▀▄██████▌▀███▀▀ 
 ██▌████▄ ▄▄ ▀██████▄ ▄▄▄███▄
▀▀██▌▀█▀▐█████▄▀██████▐██████
██▄▄▀  █████████▄▄▀▀█▀▐██▀▀▄▄
▐▄▀██  ▄▄▄▄▀▀▀▀▀████▄  ▄▄███▀
 ▀█` ▐█▄▀███████▄▄▄▄▄▐█▄▀███
  ▀▌█▄▄▀▀ ▀▀████████▀▐███▄▀ 
    ▀█████▄ ▄▄▄▀▀▀▀ ▀▀▀▀▀   
      ▀▀████▄▀████ ▄██▀     
          ▀▀▀▀ ▀▀ ▀         
]   GSCP TM
andrei56
Sr. Member
****
Offline Offline

Activity: 714
Merit: 254


View Profile
April 09, 2018, 09:09:47 PM
 #168

What is the impact of bitcoin in a country's financial stability?


The impact will be positive, IMO.
Consider Japan's stand on embracing bitcoin and the blockchain technology.
Even if they are already a progressive country, they still adopt bitcoin because they know it will push their country's economy even further.
I think the impact of bitcoin will be different in each country, in Japan the effects are going to be very positive because they have decided to take a step forward and be one of the countries with the biggest adoption of bitcoin around the world, but I think that in other countries there will be a negative impact, why? Because money will begin to flow outside of those countries to go to countries that are accepting bitcoins like Japan.
Undoubtedly, if some countries legalize the crypto currency, then others will be forced to do the same. The fact is that financial relations between countries have a very strong influence on political relations and I think that this will only lead to positive consequences.
I really hope you are right because this can be an unfavorable influence as well, what if many countries begin to ban bitcoin and they begin to pressure Japan to do the same then Japan despite having a likeness for bitcoin and thinking that is a good idea that can help their economy decide to follow other countries just because they do not want to get in trouble.
Linggis
Newbie
*
Offline Offline

Activity: 210
Merit: 0


View Profile WWW
April 10, 2018, 03:33:08 AM
 #169

The use of Bitcoin can have a good impact if a country allows its citizens to use Bitcoin as a means of their transactions.
In economics, more and more people are using bitcoin in transactions and investments so bitcoin will also be increasingly used, so the stability of a country will also be good because the economy is going well.
golem999
Newbie
*
Offline Offline

Activity: 119
Merit: 0


View Profile
April 13, 2018, 06:31:09 PM
 #170

if I consider the blockchain technology as the birth of Bitcoin, it becomes one of the government's opportunities to be able to compete with other countries in terms of technological innovation as well as real financial freedom. Like the internet, no entity controls Bitcoin that offers transparency and privacy.
sserge009
Hero Member
*****
Offline Offline

Activity: 742
Merit: 501


View Profile
April 13, 2018, 07:24:03 PM
 #171

I think that the market is not yet big enough to have a real impact on the economy of the country. While the influence of crypto is more ideological than economic. The situation is changing rapidly and may soon be the bitcoin rate will affect the stock exchange as well.
whyrqa
Full Member
***
Offline Offline

Activity: 392
Merit: 100



View Profile
April 13, 2018, 07:42:55 PM
 #172

To be honest, I generally can not understand How this summer can affect the stability of the country's financial system. That in a specific and individual case, for every person of his family, it is quite possible and the probability of helping crypto currency to a person is always very large. But the media always voiced the statement of officials that the crypto currency is for the state almost very dangerous.

Fedrey
Member
**
Offline Offline

Activity: 350
Merit: 10

The Exchange for EOS Community


View Profile
April 13, 2018, 09:01:16 PM
 #173

To be honest, I generally can not understand How this summer can affect the stability of the country's financial system. That in a specific and individual case, for every person of his family, it is quite possible and the probability of helping crypto currency to a person is always very large. But the media always voiced the statement of officials that the crypto currency is for the state almost very dangerous.
and nevertheless the crypto currency generates huge investments in various spheres of human life. This is a very good opportunity for the state. And as for taxes, taxes are practically the only way to fill the state budget.

▐|   EOS Exchange   |▌          The Exchange for the EOS Community!          ▐|   EOSex   |▌
                    ICO: 15th October to 20th November  |  Free EXP Tokens: Join Bounty!                    
Whitepaper               ANN Thread               Telegram               Twitter               Mobile
Aladdino
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile
April 13, 2018, 11:53:56 PM
 #174

Depends on the side that is seen, it has not really been invested in a massive way as in other countries like Spain, but somehow here has worked for the purchase of products abroad or through the internet, the utility that can be given is same anywhere in the world.
btctestcolets
Jr. Member
*
Offline Offline

Activity: 237
Merit: 2


View Profile
April 14, 2018, 12:47:01 AM
 #175

The impact on the financial stabilty of a country are many people will earned which there tokens are converted into fiat and goes through merchants. Good opportunity it bring for the people without permanent jobs. Good knowledge it brings and made to the people know more about stocks exchange which it is good for the country to boost the economic stabilty if all its people are earning.

▐ █ ▌          R E P U B L I A          ▐ █ ▌
Leading-Edge Ecosystem & Technology
P R E - S A L E   :   August 23rd - September 23rd[/center
cotton ball
Sr. Member
****
Offline Offline

Activity: 644
Merit: 250



View Profile
April 14, 2018, 01:38:51 AM
 #176

will be an added value if bitcoin can be used effectively by the majority of people in their country, developed countries are always dominated by people who understand the stock market, and if that person can actively support it, stability will be locked better, the controversial level will experience subtraction because it is part of the system and only takes a fraction of it for minor cases.

Platio
Smart Banking Ecosystem


█▀▀▀▀▀▀▀▀▀▀▀█▄     
█  ████     █▀█▄   
█  ████     █  ▀█▄
█  ▄▄▄▄▄▄▄  ▀▀▀▀▀▀█
█  ▄▄▄▄▄▄▄▄▄▄▄▄▄  █
█  ▄▄▄▄▄▄▄▄▄▄▄▄▄  █
█  ▄▄▄▄▄▄▄▄▄▄▄▄▄  █
█  ▄▄▄▄▄▄▄▄▄▄▄▄▄  █
█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█

                   ████
 █ ███████████████████▄
                  ▀█████
                       ████
                          ████
                             ███
                                ███
                 ████             ████
  ████████████████████████████████████████████████
                 ████             ████
                                ███
                              ███
                           ████
                        ████
                   ▄█████
█ ███████████████████▀


          ▄▄███████▄▄         ▄█████
        ▄█████████████▄      ███████
       █████████████████    ████████    ▄█████▄
      ███████████████████  █████████   █████████
      ███████████████████  █████████   █████████
      ███████████████████  █████████   █████████
       █████████████████    ████████    ▀█████▀
        ▀█████████████▀      ███████
          ▀▀███████▀▀         ▀█████

                                     ████
                             ▄█████████████████████
                          ████▀      ████
                       █████
                     ████
                  ████
               ████
           █████
██████████████ ████████ ██████ ████████ ██████████
           █████
               ████
                  ████       
                    █████
                       █████
                          ████▄          ████
                             ▀██████████████████████
                                         ████
Smart Banking Ecosystem for crypto, fiat and
stocks, based on EOS blockchain technology

.
GET WHITELISTED NOW
Platio
Smart Banking Ecosystem
justspare
Hero Member
*****
Offline Offline

Activity: 812
Merit: 528


View Profile
April 17, 2018, 11:05:58 AM
 #177

To be honest, I generally can not understand How this summer can affect the stability of the country's financial system. That in a specific and individual case, for every person of his family, it is quite possible and the probability of helping crypto currency to a person is always very large. But the media always voiced the statement of officials that the crypto currency is for the state almost very dangerous.
Media is something that is least trusted by wise people. We all know that there are maximum news channels which are private and they are often paid to run a particular kind of content. This is nothing new for news channels to present what is not real. They do what governments want them to do most of the times. We shall not trust these channels blindly and do our own research especially regarding crypto.
bitcoinmasterlord
Legendary
*
Offline Offline

Activity: 1148
Merit: 1006


View Profile
April 17, 2018, 11:38:38 AM
 #178

To be honest, I generally can not understand How this summer can affect the stability of the country's financial system. That in a specific and individual case, for every person of his family, it is quite possible and the probability of helping crypto currency to a person is always very large. But the media always voiced the statement of officials that the crypto currency is for the state almost very dangerous.
Media is something that is least trusted by wise people. We all know that there are maximum news channels which are private and they are often paid to run a particular kind of content. This is nothing new for news channels to present what is not real. They do what governments want them to do most of the times. We shall not trust these channels blindly and do our own research especially regarding crypto.
You are right, nowadays media will play any news if you pay them money, they will not think whether it is right or wrong just they will take money and telecast. Today they will tell crypto is illegal suppose tomorrow if anybody gives money immediately they will start talking positively about cryptocurrency. media became a full commercial because people blindly believe what they telecast.
Rustamm
Member
**
Offline Offline

Activity: 308
Merit: 15

Powered by Artificial Intelligence & Human Experts


View Profile
April 17, 2018, 09:43:57 PM
 #179

What is the impact of bitcoin in a country's financial stability?

In my opinion, bitcoin does not have much influence on the financial stability of the state in the event that it walks in the country along with national money. If bitcoin was used instead of national money, then it could completely disbalance the economy by its volatility in the price. The features of the behavior of bitcoin depend on the specific situation and the specific country in which it is located. As yet, the influence of bitcoin on the country's economy and on its stability has been little studied.

BitcoinMarketer39
Full Member
***
Offline Offline

Activity: 392
Merit: 100


ADABsSsSsSsSSSsS


View Profile
April 17, 2018, 10:12:42 PM
 #180

What is the impact of bitcoin in a country's financial stability?


The growth of bitcoins is really affecting those banks because most of the people choose to invest on cryptocurrency because it was more profitable more than placing their money on banks and earn a small amount of increase yearly.

Pages: « 1 2 3 4 5 6 7 8 [9] 10 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!