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Cripinggedang
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September 08, 2018, 03:03:55 PM
 #161

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.



I think if bitcoin is received in every country it's a very good thing, and I believe that bitcoin, in particular, can reduce poverty when many people invest in bitcoin. But that can all happen if every country receives bitcoin.
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September 08, 2018, 03:39:10 PM
 #162

I am sure if the government accepts bitcoin then its people will be far prosperous and sufficiently. The countries are liable to increase per capita income. In addition, transactions in the country also become easier, cheaper and faster.
yes, I'm also sure that if the government accepts bitcoin, the country can be helped if the country is involved with economic problems, because bitcoin can be profitable for investors
Firstly, awareness will be created through that, as people will get to see that it is not something that is worth being scared of and at least, as long as they still understand the risk anyway, they can still get the best from it in the long run.

Now, this is simply just not about the increase in value in the long run, but we also have to look at the fact that means of payment will become easy, in that kind of channel, there will be easy flow of funds in and out of the country and for countries with very good resources, that can create channels for international grounds in the commerce related areas.

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September 08, 2018, 03:51:46 PM
 #163

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 do agree on you, there are a lot of countries today that has a blooming economy due to legalization of cryptocurrency in their country and that is the reason why other governments should allow cryptocurrency in their area.

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September 09, 2018, 01:13:15 AM
 #164

I also think like that, but not to pay off the debts of the country, bitcoin will reduce the poverty rate in a country that uses cryptocurrency and this will greatly help the government in reducing the unemployment that is happening in every developing country.
you are right, cryptocurrency can reduce poverty in every country, there are many new companies like airdrop giveaway and bounty to reduce premium unemployment in every country. and honestly I myself am a high level unemployment premium from my friends
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September 10, 2018, 01:58:39 AM
 #165

there are still many benefits to be gained if the government accepts bitcoin as payment money but the government just doesn't want local money to be replaced by bitcoin, because local money is a characteristic of the country
I got your point mate but I think if government will accept it so it is not only good for investors but it is good for all of us, at this point of life we all should move with advancement, technologies are for our goodness so all of us should try it and use it, as we can see how our economical life has changed because of crypto currency so all of us should invest it someday all government will know and accept the worth of crypto currency.

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September 10, 2018, 06:31:20 AM
 #166

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, it will reduce the unemployment which is the most common problem of every nation therefore if this problem will be resolve by Bitcoin then expect the purchasing power of the people to increase helping the economy of the nation to become strong and stable too.

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September 10, 2018, 06:56:00 AM
 #167

Country who adopt bitcoin could help to increase it economy and the level of poverty will be decreasing but i do not think it can pay the debts of 1 country since no one declaring income in bitcoin and it is tax free that is why it has a big impact to individual. There are some people who can not afford to buy equipment to access bitcoin that is why those people will not be benefited.

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September 10, 2018, 07:12:14 AM
 #168

It has being the notice of all to take caution on fraudulent messages from unanimous people through Gail and others.  We got to be vigilant and keep alert on these issues.
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September 10, 2018, 08:58:04 AM
 #169

Let's be honest here. All these countries actually know the benefits of crypto currency and how it is better than fiat. But the fact of the matter is, banks owned by the 1% of the 1% are pressuring the country leaders to block off crypto currency in their country so that it will not flourish and overthrow fiat as a currency. It pretty much obvious.

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September 10, 2018, 09:20:41 AM
 #170

They will prohibited it because they can not get a percentage if they will legalize bitcoin in their country. why? it is because many people will use it because of easy and fast transaction it give to the people so that government will jealous to that because the percentage they get is too small because cryptocurrency they do not hold.

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September 10, 2018, 09:45:42 AM
 #171

I don't think bitcoin can really help out people and any government to help recover their financial contains because bitcoin is even far away from getting accepted with them and also most of thr goverment don't seek the applications of crypto or blockchain and thus making it hard for bitcoin to even get into the financial system of nation. Just think, if there is no use case of it or if bitcoin is not getting explored for it then how can it even get into national development and help it improve the national finances.



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September 11, 2018, 02:17:30 AM
 #172

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.

There's absolutely zero reason to expect that simply switching to bitcoin would solve any economic problem. It's not a silver bullet. It doesn't change anything about the economy. That's like saying the US switches to the Peso and suddenly poverty is solved. It makes no sense. Switching the underlying currency doesn't solve anything, it just means all the economic problems are denominated in the new currency now. Literally nothing changes. Bitcoin will not help pay off the national debt, will not increase the economy, and will not decrease the poverty level.
Nothing will change on the short term that is true, but things will change when it comes to the long term, if the whole economy was based in bitcoin you will notice that the prices at the different stores will not go up and in fact the prices will go down, this is similar to what happened back in the day when people used the gold standard, with a currency like bitcoin that has a very low inflation per year the economy could boom and grow significantly.

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September 11, 2018, 02:37:19 AM
 #173

Let's be honest here. All these countries actually know the benefits of crypto currency and how it is better than fiat. But the fact of the matter is, banks owned by the 1% of the 1% are pressuring the country leaders to block off crypto currency in their country so that it will not flourish and overthrow fiat as a currency. It pretty much obvious.
they have other goals why banning crypto currency.actually they want to attrack taxes from crypto community.money flow in cryptomarket are very big, and if they able to attrack taxes from it, they would earn much money.

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September 11, 2018, 03:31:56 AM
 #174

To sum it up, bitcoin and alt coins can at least improve a country's economy. It's already proven by some as they joyfully admit the improvement of their gross domestic product significantly. But then again, not all countries have the same thinking so they don't have any room for cryptos at all.

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September 11, 2018, 05:30:32 AM
 #175

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.
I think if bitcoin is received in every country it's a very good thing, and I believe that bitcoin, in particular, can reduce poverty when many people invest in bitcoin. But that can all happen if every country receives bitcoin.


Seriously? Poor people can't invest in bitcoin since obviously they're poor and don't mind to buy and they'll just focus on providing their daily needs. And do you think those people even heard the word bitcoin. Don't get me wrong, I'm not judging them but let's just realistic.

Adopting bitcoin doesn't have counter effect in our economy nor helping paying the debts since bitcoin isn't a legal tender so no matter what bitcoin position in the market it won't change any single thing.

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September 11, 2018, 05:31:19 AM
 #176

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 my opinion, some countries consider this cryptocurrency to be of various names and uses for this cryptocurrency. I am sure that there are many different and maybe some countries can utilize this cryptocurrency to be able to do more than you mentioned.

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September 11, 2018, 05:36:25 AM
 #177

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.



I think if bitcoin is received in every country it's a very good thing, and I believe that bitcoin, in particular, can reduce poverty when many people invest in bitcoin. But that can all happen if every country receives bitcoin.


It has already reduced as many of the unemployed person now earn due to the crypto and are dependent on their income. So rest assure if all the countries accept it we will see some different world itself and their could be many job employment happening across.

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September 11, 2018, 05:44:33 AM
 #178

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 do agree on you, there are a lot of countries today that has a blooming economy due to legalization of cryptocurrency in their country and that is the reason why other governments should allow cryptocurrency in their area.
cryptocurrency really provide alot benefits for community it self and the government if they could legalize it.citizen poverty could be reduce , by joining in bounty campaign that no need any capital they could earn money.


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September 11, 2018, 12:48:18 PM
 #179

I am sure if the government accepts bitcoin then its people will be far prosperous and sufficiently. The countries are liable to increase per capita income. In addition, transactions in the country also become easier, cheaper and faster.
Government accepting bitcoin would positively change much but sure, for the citizens who may actually see a lot of ways to derive great opportunities from it, it would really help them. I see it as just a way of exposing the world or the citizens into making use of it and considered legal by the government.

As it is, a lot of people who are trying to find different means of doing things for them-selves within the space are doing well for themselves, so having something like that on a large scale, can really help in a lot of ways.

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September 12, 2018, 07:00:59 AM
 #180

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’m yet to understand what you mean by it can pay off the debt of a country. Tell me, how is Bitcoin going to pay off a country’s debt? Does it automatically cancel their debt or what, where have you seen such a thing happen and which country do you know is making use of Bitcoin? Cause I haven’t seen any at all? Bitcoin is already contributing in its way and we don’t need it as our real currency, it’s just good as it is. The only problem is that most governments have prevented their people from investing in it.

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