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Author Topic: Economy in your country  (Read 1584 times)
websoftwareengineer
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April 16, 2018, 07:52:49 PM
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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.

Here in japan, our economy is really great because the government is using bitcoins to improve our own country, in this way they can have more funds to built infrastructure it only means that the governments are less corrupted more than other country.

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Riverviwa
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April 17, 2018, 09:30:31 PM
 #502

In my country the btcs circulate without being disturved by fiats and vice versa
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April 17, 2018, 09:35:54 PM
 #503

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.

I don't see any result of bitcoin to the economy of my country since it was not yet recognize and I don't heard any news that bitcoin is affecting the economy of our country. As I read the article about bitcoin, banks and government have fear to recognize it because it will make the people millionaire that's why I don't see any problem with that. I hope that my country will now recognize bitcoin and make our economy more progressive.

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April 17, 2018, 09:41:51 PM
 #504

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.

I don't see any result of bitcoin to the economy of my country since it was not yet recognize and I don't heard any news that bitcoin is affecting the economy of our country. As I read the article about bitcoin, banks and government have fear to recognize it because it will make the people millionaire that's why I don't see any problem with that. I hope that my country will now recognize bitcoin and make our economy more progressive.

Same as yours I don't see any impact of bitcoin in the economy of our country since government did not recognize bitcoin yet. But I'm hoping that soon they will recognize it too so that everybody can take advantag of bitcoin.

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April 17, 2018, 09:50:27 PM
 #505

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.

I live in Croatia, currently there is not many effects of Bitcoin to our economy. Taxes for trading with Bitcoin are not regulated yet. We have group of enthusiasts that learning how to implement blockchain in our economy. Our first Initial Coin Offer made great success last year, Digital Assets Power Play ICO collected 2,6 millions $ which is great for our standards. In Croatia there is few Bitcoin exchanges which doing great job, but we have to wait several years to the implementation of Bitcoin in businesses. For example, our neighborhood country Slovenia doing so much better job on that field. Our politics nor education system do not understand this new and promising technologies yet.

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April 17, 2018, 09:53:32 PM
 #506

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.

Economy in my country is really good because i am living in china, there are a lot of business here who are related to cryptocurrency , they are using bitcoins to earn more profit and if every government in the world has the same idea then we will all become very wealthy.

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April 18, 2018, 12:00:52 PM
 #507

If lack of jobs is part of having a bad economy, then the economy in my country is pretty bad. I don’t really like the fact that there are no jobs in my country, I know such is everywhere, but it’s too much in my own country. Young people will go to school, work hard and after graduating they will start facing unemployment. Some of them do end up becoming what they are not supposed to be, some turn to criminals and all those stuffs. You can get job easily if you’re connected to someone that is in politics, or maybe someone that is rich.



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April 18, 2018, 12:05:59 PM
 #508

in my country with bitcoin has a good impact to get their economy every day, because for me bitcoin is very easy to use to help their economy. because the future of bitcoin is very bright.
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April 18, 2018, 12:53:02 PM
 #509

If lack of jobs is part of having a bad economy, then the economy in my country is pretty bad. I don’t really like the fact that there are no jobs in my country, I know such is everywhere, but it’s too much in my own country. Young people will go to school, work hard and after graduating they will start facing unemployment. Some of them do end up becoming what they are not supposed to be, some turn to criminals and all those stuffs. You can get job easily if you’re connected to someone that is in politics, or maybe someone that is rich.

You may apply abroad mate and some of your colleagues in your country that has not still yet a job. Don't lose of hope everything will be find, just help each other and try hard to get a job to another country then, it will help your country's as well.

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April 18, 2018, 06:33:04 PM
 #510

Bitcoin economy in my country is still on the low side. Still like individual to individual,  it is not a general thing for now. People who are ict compliant are the ones who are getting in on it and still not all. Everyone here belives you have to work your socks off to make money and no time to sit around the system buyin and investing. By the time they are done with the day's job get back home tired and worn out, so its still on personal interest now than general.

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April 18, 2018, 09:42:38 PM
 #511

In my country the btcs circulate without being disturved by fiats and vice versa
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April 18, 2018, 09:56:36 PM
 #512

I think that BTC probably affects the economy of my country, but not strongly. There's no law base in my country which is related to crypto...

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April 18, 2018, 11:22:19 PM
 #513

Here in our country economy are still continuing grow up but suddenly our country still not adopting the bitcoin because there is only few people here are knowing about bitcoin if bitcoin will be popularized here in our country i think it is a big help to our economy.

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April 18, 2018, 11:33:21 PM
 #514

Bitcoin is not that popular in my country Philippines. But some are already a quiet millionaire. Some think Bitcoin is a scam because it is use to join as a registration fee in some pyramiding scams.

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.

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April 18, 2018, 11:42:07 PM
 #515

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 does not affect the econmy of our country either. most people think bitcoin is a scam. i only hear a few of my friends talking about bitcoin, not much compared to other countries. for me, i invest in bitcoin because i know it’s legit.
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April 19, 2018, 12:02:47 AM
 #516

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.

As of now it does not totally has a big impact bitcoin in our economy but it helps little by little. The economy is improving if we can see changes at all but in the other hand I can see developing to progress. Aside from that my country has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation. It is a member of the Asia-Pacific Economic Cooperation (APEC) and the Association of Southeast Asian Nations (ASEAN). In that case possible my country will boom easily because of bitcoin just like other nations.

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April 19, 2018, 12:19:55 AM
 #517

in my country bitcoin does not have a significant impact on my country's economy because in my country bitcoin is still gray. no official prohibition rules but also not allowed to make payments with bitcoin. although bitcoin has not been able to help my country's economy but bitcoin has helped the economy of many people in my country.

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April 19, 2018, 12:43:32 AM
 #518

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.


So far,  bitcoin is already known in our country,  but there are limited people investing on it but most of them are not aware how it works.  Gradually,  people will learn this.  Now,  we can pay bills or convert bitcoin to money easily.  Time will come,  people will adopt it and make it as their primary source of money. 
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April 19, 2018, 12:56:02 AM
 #519

Here in my country bitcoin really affect our economic stability in awhile until the government impose regulatory on it.  As stated in Manila Times "High volatility pushed governments to step in, ban and even stop initial coin offerings (ICO) of cryptocurrencies, due to their massive impact on a country’s financial stability. Such moves are understandable and reasonable.
 But I believe those bans are temporary, because crypto is unstoppable. All we can do is embrace and manage it through careful regulation and ensuring that consumers and the investing public are protected."

You can check out more the information here http://www.manilatimes.net/bitcoin-future-money/376277/

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April 19, 2018, 01:25:10 AM
 #520

BTC just did minor impact to the economy of my country, since my country has banned any transactions using btc.. well it will brings no difference, bitcoin will just have a small effect in this country economics
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