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KocaEfe
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August 09, 2018, 07:25:54 AM
 #101

government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.

I really liked your phrase "Bitcoin can pay off the debt of the country!" The important point that I have in my head on this issue is that if bitcoin rises in price, that would allow cashing out most of the amount to pay off the debt. That bitcoin price will just collapse very much
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August 09, 2018, 07:30:27 AM
 #102

in fact the fear of many countries in my opinion is a reason that they are able to fully control the financial activities of their own country in contrast to crypto's decentralized nature. if the blockchain principle is applied to many fields within a country, then many tasks are simplified and more effective and efficient, more on financial and trade activities

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August 09, 2018, 08:08:49 AM
 #103

government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.
It can be very positive and useful for the economy but cryptocurrency is still not the real money, so eventually none of the money system is not the real valuables, they all are agreed and appointed values.

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August 09, 2018, 09:33:08 AM
 #104

I agree with that , that is the good point of bitcoin to become trending . Many individual know much about bitcoin and the good benefits of using this. Its up to you even you want this or not but you not feel the goodness of crypto in yourself. Just try and see what the good point is talking about.

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August 09, 2018, 09:47:18 AM
 #105

I am wondering how this can happen. There is no way that bitcoin help pay off the debts of nation because crypto currencies are not capable of doing that for any reason. They are insufficient and doesnt have the power to overrule whats fiat is capable of doing. There is already huge political and finance related issues which are prohibiting the use of crypto currencies. Crypto can not decrease the poorety because for doing so the poor must jump in the crypto and start learning about it. If there is no knowledge then there is no success in this industry no matter whatsoever.


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August 09, 2018, 10:06:18 AM
 #106

government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.

In addition, Bitcoin investments can reduce the unemployment which is the most common problem of all government. If unemployment will be reduce then of course the purchasing power of the people will increase making the economy of the nation to become more stable and strong too.

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August 09, 2018, 02:58:21 PM
 #107

Yes, it's possible because bitcoin does have a positive impact on our economy, especially for the poor, but the bad impact is that money laundering is very easy, it will harm the country.
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August 10, 2018, 11:14:05 AM
 #108

government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.
Dudes, do you guys even know what you’re saying? Someone here just said that Bitcoin can be used for criminal purposes in the country and I don’t really get that, I just think maybe he’s going off topic from what the op was saying. And by the way, the op is even wrong. Who told you that Bitcoin can help to pay off debts in a country, where have you seen that happen exactly? Okay I can only take the point that Bitcoin can reduce level of poverty, though there are people who are also losing money in it.

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August 10, 2018, 03:38:09 PM
Last edit: August 10, 2018, 03:49:35 PM by Moiyah
 #109

government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.

Governments are not that easy to believe that bitcoin shall be accepted in a particular country. Look, patronizing and using bitcoin will not totally decrease the poverty level. Some instances which happens to be the contradiction of what you have said. Though you still have a point and I respect that, but you see, there are a lot of reasons to be considered before our governments will definitely adopt bitcoin.

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August 10, 2018, 09:45:06 PM
 #110

At the moment, the government is the stone that prevents the introduction of cryptocurrencies in the masses.Cryptocurrency involves the creation of a very different world with a different economy,in which there will be no place of corruption and deception.This is what many countries are afraid of.
This is indeed the expectation of most countries on the territory. May there be no special bad habits, no corruption. Money laundering crimes should be prevented. That calls for the community of investors, building stronger development.

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August 10, 2018, 11:13:05 PM
 #111

government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.

The state was created in order to preserve and create favorable conditions for the life of citizens. A banking system built to make people slaves of money. Bitcoin, on the contrary, can help custodians to get income from bitcoin storage. Blockchain is able to create a society in which there will be no doubt in the honesty and openness of all aspects of life.

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August 10, 2018, 11:19:51 PM
 #112

government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.

I don't think that Bitcoin can pay off the debt of a country. Why? Because it is not always that the price is high, sometimes it will go down and during investing people will need a thorough decision on when to buy and when to sell.

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August 15, 2018, 03:50:16 PM
 #113

in fact the fear of many countries in my opinion is a reason that they are able to fully control the financial activities of their own country in contrast to crypto's decentralized nature. if the blockchain principle is applied to many fields within a country, then many tasks are simplified and more effective and efficient, more on financial and trade activities
Maybe my opinion is a little different, because I see bitcoin as an asset / commodity, which is traded globally without ever stopping for a second. Bitcoin has shown its class as the most sought-after commodity, so that in just a few years it has been very well known as the stock market, forex trading, futures exchanges, etc. That has been around for tens or even hundreds of years.
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August 15, 2018, 04:13:20 PM
 #114

government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.

Probably the best post I could see right now. Yes, I also agree with this. Those countries are just banning them because they are just too scared that people may rely on themselves rather than the government itself.
GOOD point dude about governments are too afraid that the people under their govern may stands independents and wont rely on them anymore..since cryptocurrency can support the needs of every people that believes in this community so politicians are to scared of not getting any piece of cakes because this is decentralized

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August 29, 2018, 10:10:59 PM
 #115

government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.
I would like to know how do you plan that bitcoin does all of those things, how can bitcoin help pay off the debt of a country? They will have to use their fiat in order to get it and they cannot just print money to get bitcoin because if they do then the inflation in the country will go up, and they cannot use the money of their taxes either because then they'll not be able to build schools or roads.



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August 29, 2018, 10:28:03 PM
 #116

I think so too. I also think that it will pump up more wealth in s country so that the economy eill be refreshed. But i think a country refuses to accept crypto currency because banks are putting a pressure on them and that crypto currency threatens their existence because their clients and taking out their money to invest on crypto currency.

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A.SanchezNo7
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August 29, 2018, 10:44:28 PM
 #117

In my opinion, the government in most countries in the world is banning cryptocurrency because they cannot control this money, although it has its own advantages however the uncontrollable risk is the threat of  economy security of many countries. However I would expect future cryptocurrency to be more widespread in the world.
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August 30, 2018, 12:48:02 AM
 #118

government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.


bitcoin is created for the sole purpose as digital currency, that later evolves into a currency that generates jobs and a whole lot more potentials to aid users, it does not mean it can fix those points you are saying, no one, nothing can do anything about paying a country's debt, improving economy and decrease poverty, we are stuck at the bottom, now, bitcoin is here to help and not totally fix everything, each individual has his own choice to stand up and make him less part of the sick society, we have the power to fix this, bitcoin is here to help. we people are the ones who should fix these.

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August 30, 2018, 12:56:48 AM
 #119

government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.

Unfortunately, some of the countries still ban the existing of Bitcoin in spite of these positve aspects that they could get if they will not ban the use of Bitcoin. Maybe because they want to ensure that they will surely avoided all negative aspects that Bitcoin may cause if they will accept it as currency and investments.

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August 30, 2018, 01:01:30 AM
 #120

* can pay off the "debt" of the country

NOPE.

* Improve the economy of the people

NOPE.

* Decrease in poverty level

NOPE.

Certainly not gonna happen.You're way far from thinking mate. Existence of BITCOIN will do nothing. It is just a digital currency and it doessn't have anything to do with poverty. Don't be so unrealistic pal, POVERTY will never be gone and that's a fact even if you stay here a THOUSAND years longer.

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