Economy in your country

[Wonder_woman]

What do you think are the effects of btc in your country? Because in my country it thus not affect the economy of ours. Share yours.

The effect of bitcoin in my country have negative and positive side. When it comes to every individual person who is on bitcoin or cryptos, it can make positive effects individually which can aid their daily needs or can make a person rich. But if in my country`s economy, the effect is bad because instead of those businessman who can invest on the usual business like firms, manufacturing, fast foods, etc., which may ,contribute to the tax and may lessen the unemployment, they choose to invest on cryptos which does not even pay tax or make employment to unemployed, so, it can cause negative effect to the economy.

[Bonakid]

Bitcoin has a big effect in our economy,in fact it was a legal tender here many of us engage in bitcoin and they study it to became a payment system in our country soon but not to be a currency.There are some establishments who use btc as a payment so it is not hard for us to use bitcoin.Many unemployed people find a job through it and get financially assistance from crypto.

[Nissan-GTR]

What do you think are the effects of btc in your country? Because in my country it thus not affect the economy of ours. Share yours.

In my country, Bitcoin doesnt matter a lot given the fact that this is legal to my country ,the government doesnt implement or should we say advocate its fellow citizen to invest in Bitcoin because the profit that you may put into risk may dump in a very unexpected value in which you cannot control it. To sum it up Bitcoin helps the person to have profit but the economy is way further than it.

[John Wallker]

In my country bitcoin is something like "oh, it's, ok" and government also doesn't impact on its regulation, it just makes some imaginatiob of influance.

[ethereumhunter]

in my country, most people don't know what is bitcoin and it's a bit difficult to explain to them because they don't familiar with searching the job opportunity from the internet. sometimes I feel difficult to explain to them but somehow, I can explain the outside of bitcoin and I see that they understand but still they think it is too confusing to them. maybe if they got some more explanation, they will understand about bitcoin.

[Nerkata]

Stable, large countries like the US, Germany, the UK, France and many more won't be affected by Bitcoin for a long time. Why would they? But countries with volatile currencies and rampant inflation will be changed by it. A lot of third world countries as well, because it means a way to transfer money without paying hefty fees.

[alyssa85]

It's having an effect in the UK in that Fintech is the hottest area for good coders to work - all the banks habe set up FinTech departments, and there are a bunch of start-ups too. So if you are into programming, and understand cryptocurrency, there is a bit of a gold rush in that they are paying well for people with knowledge and skills.

[ramgonzales]

From where I came from, Bitcoin has no major effect on our economy as of this writing, although there are already some establishments that are accepting Bitcoin as a mode of payment. Maybe I will see some effects of it in our economy in the coming years depends if our government will legalize it or not.

[Gandam23]

From where I came from, Bitcoin has no major effect on our economy as of this writing, although there are already some establishments that are accepting Bitcoin as a mode of payment. Maybe I will see some effects of it in our economy in the coming years depends if our government will legalize it or not.

As of now. The economy of my country is progressive but I think my own countymen doesnt feel that its happening now. Maybe because of the government not managing the funds well or maybe because my country have many money being borrowed from other country. So it needs to be paid well.

[Dragon5]

There are so many deprived areas in my country...I just have a lingering feeling our economy will never be enhanced. An inherent characteristics of it is its volatile character. Authorities are prone to corruption, bussinesses are not competitive with investors abroad. Government is very unlikely to develop any sustainable improvements

[Dux2K]

In my country after almost decade we finally had some good year in economy. It not cuz bitcoin they dont care about it so much cuz they take less then 1% for every money transfer from bitcoin exchanges. Maybe this is good but we finally can normally transfer coin to bank account.

[AimHigh]

Does not affect bitcoin in my country because bitcoin i think is stand alone or not depending on the economy of each country and it have only one value so i think it is depending on how many or the volatile investor on each country so i think like china, india, japan, usa and many others who have a volatile investors so that's why the value was rising and sometimes was falling down.

[icoworld]

I would not say that the economy in my country is good and bitcoin also does not have a significant impact on it, I would like that in the future the situation changed a little

[Nhebu]

I would say that bitcoin does not affect much our economy as of now. In the sense that bitcoin is not totally dominated in my country. But time will come, it will bring development in our national economy. As of now, only individuals are profited by bitcoin.

[jademacoy]

Nothing. It can't help to improve the status of our economy with bitcoin. But individually bitcoin could help with financial status by investing bitcoin and make a profit out of it. It is easy to invest and earn through bitcoin. You'll just have to buy bitcoin hold and w8 for the price to go high and then sell. Theb wait for the bitcoin price to go down then buy bitcoin again. So that is the easy cycle of bitcoin. It consist of buying bitcoin, holding and selling to make a gainful transactions. So if I were you should inveat bitcoin as well.

[0t3p0t]

What do you think are the effects of btc in your country? Because in my country it thus not affect the economy of ours. Share yours.

Bitcoin here in my country goes mainstream and we are having a bigger community. Cryptocurrency is regulated by central bank and I know that tax will be there too. It may not affect by now but as enthusiasts rise by numbers economy can be pretty great because a lot of business opportunities that offers crypto related payment will soon to open. I am still hoping that our government has better view of crypto currency as a form of investment and payment system and will suppprt it and never prohibit us from engaging transactions.

[Sled]

The economy of my country is good because it is really having a good progress because the crime rate is going down and also the debt of my country is not that high like the previous years and that is a really good thing to see for a citizen that is so done of the bad leadership of the past presidents. I really hope that bitcoin will get accepted also to have a perfect economy for me.

[rowel21]

I think just a little cause few county knew the crypto in our country but soon if the btc make a big expose more and more Will become interested and soon government will find ways to collaborate with cryptosystem to gain a tax

[bechay20]

I think bitcoin is not affect the economy of country because people does  not really aware on bitcoin yet just  some people know about this.And i hope that someday that bitcoin will be familiar in my country.

[binting]

What do you think are the effects of btc in your country? Because in my country it thus not affect the economy of ours. Share yours.

Well the economy in my country is so good so its very nice and its good oppurtunity because economics is a part of our life because doing so that economy in our country is great and wonderful buying,