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Author Topic: Re: Is bitcoin helpful to the economy?  (Read 1500 times)
mary0919
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March 09, 2018, 10:11:49 AM
 #101

I think Bitcoin is helpful to the economy because it helps the people, may they be employed or unemployed. It helps the people to be productive especially on their vacant times or when they are not working. Bitcoin is getting a lot if attention in many countriesnow because it really helps the people.
Yes bitcoin is very much helpful to the economy because it helps people to get out of debts and difficulties in life. A lot of people have earned bitcoins thus making their lives very prosper and make them happy. Bitcoins really helps and I can prove it because I already experienced it.
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March 09, 2018, 10:12:08 AM
 #102

I think Bitcoin is helpful to the economy because it helps the people, may they be employed or unemployed. It helps the people to be productive especially on their vacant times or when they are not working. Bitcoin is getting a lot if attention in many countriesnow because it really helps the people.
Bitcoin is not just helpful in fact it can really change the global economy. The effects of digital currency or virtual money is really changing the mode of payments these days as it is done internationally everyday, however bitcoin can destroy the banking system we have right now, the government may lose control over the economy specially the control over the fiats.

Yeah i am totally agree with you , bitcoin its just a one more option to invest money and play on markets , a lot of traders came to crypto from Russian and American Trading Markets which don't let so much profit last years , but people need to make money and bitcoin its a good way to do that if you have professional in that .
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March 09, 2018, 10:21:42 AM
 #103

I think Bitcoin is helpful to the economy because it helps the people, may they be employed or unemployed. It helps the people to be productive especially on their vacant times or when they are not working. Bitcoin is getting a lot if attention in many countriesnow because it really helps the people.
i think it's very helpful,because it will decrease unemployed people by access to bitcoin it easy to earn money by bitcoin,and to the economy it help also,by implementeng taxes if bitcoin price is up taxes also will increase.

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March 09, 2018, 10:42:45 AM
 #104

It is helpful to the economy of a single person who uses bitcoin as their extra income or main income.It is a big thing that bit coin give opportunity to those who are unemployed.
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March 09, 2018, 11:09:34 AM
 #105

I think Bitcoin is helpful to the economy because it helps the people, may they be employed or unemployed. It helps the people to be productive especially on their vacant times or when they are not working. Bitcoin is getting a lot if attention in many countriesnow because it really helps the people.

that's what happens to everyone in bitcoin, they've got a better life now and their economy has improved, so that's right bitcoin has helped the economy

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March 09, 2018, 11:10:33 AM
 #106

It's true that bitcoin helps the economic problems of someone who was originally poor to become rich and can also reduce the number of unemployed in a country.Bitcoin also facilitate us in local and international transactions we do not need to think about the administrative costs like in conventional banks.
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March 09, 2018, 11:30:29 AM
 #107

It's true that bitcoin helps the economic problems of someone who was originally poor to become rich and can also reduce the number of unemployed in a country.Bitcoin also facilitate us in local and international transactions we do not need to think about the administrative costs like in conventional banks.
I agree with your statement about the administrative cost, it's way cheaper and seamlessly without having to think about the complicated administrative processes on a traditional system.
So for example, imagine if we can help feed the poor in some country where a humanity project held there, that traditional administrative cost can be reallocated to help them even more! How cool was that!

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March 09, 2018, 11:41:37 AM
 #108

Yes of course, the bitcoin really helps in our economy especially for people who are unemployed or have no stable job, bitcoin they help people how to earn money on their own.
Yes it is true once bitcoin can help the economy for those who use it, and besides it can help as an additional income for those who already have retention aberrations. Bitcoin can benefit many people who want to try and not easily give up in this forum with the aim of improving economy and life for the better.

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goodvibes05
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March 09, 2018, 11:45:02 AM
 #109

Bitcoin is very helpful to the society and community, simply becuse it provides job opportunity to people. It gives business opportunity to people as well. To the countries economy, in a way, yes through remittances. Bitcoin will fully help the economy if it is leglized already.

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March 09, 2018, 11:49:54 AM
 #110

Yes bitcoin can help many people improve their financial position. In a way, it even reduces unemployment. But this has a significant impact on the state's economy. Bitcoins carry a lot of political contradictions. No one government in the world can influence the course of bitcoin and completely control it. It can not trace the link between bitcoin and terrorism with money-laundering and drugs. The influence of bitcoin on society is still not very felt and not fully realized. Bitcoin has great potential as an international payment. Over time, the effect of bitcoin on different industries will increase. It will have a positive or negative impact on society.

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March 09, 2018, 12:49:42 PM
 #111

If we understand the nature of money, and the technology that blockchain enables, there is little doubt that cryptocurrency is helpful to the economy.
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March 09, 2018, 12:57:37 PM
 #112

Hi,

Bitcoin helps people, indeed. But I cannot let you say something like "it is good because it makes people productive on their time off". Do you realize what you say?

I know we are living in a capitalist world, but please.. It is normal to dislike working. It is absolutely fine to say that you don't care about money. It is great to be happy out of work, for any personal reason you have.

Work is not everything and productivity... is just great because if you are productive, then it (should) mean that you can get more free time.

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March 09, 2018, 01:21:30 PM
 #113

You can say that bitcoin community helpful for unemployed people since there are bounties everywhere, but i cant say that bitcoin really helpful for the economy since regulation and legalization still being a problem and that means bitcoin hasn't being used by enough people to measure an economy of a country. Bitcoin might gain attention from many countries nowadays but only since the price surge the past years, its been 9 years since bitcoin first published and the government only started to recognize and halted bitcoin transactions in recent months so i don't think the government see bitcoin as something that really helps the people.
its both employed and unemployed,i am working since i learn and entered this community,but i never tought of leaving my regular job though this crypto gives me more than i get from employment.but this is not the issue,economy gtting better because of the help caming from cryptocurrency and the opportunity that offers
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March 09, 2018, 01:28:48 PM
 #114

I think Bitcoin is helpful to the economy because it helps the people, may they be employed or unemployed. It helps the people to be productive especially on their vacant times or when they are not working. Bitcoin is getting a lot if attention in many countriesnow because it really helps the people.
I agree with you. For me Bitcoin also helps the economy. They also give me extra income, I'm doing this on my extra time. Yes a lot of people are now getting in to Bitcoin by seeing the potential of it. Love the big difference in experience when using it as payment for my bills.

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March 09, 2018, 01:58:51 PM
 #115

Ofcourse bitcoin has a great help in the economy. Bitcoin can reduce the rate of unemployment. Those unemployed person may not be graduated but still they have a knowledge and skills in different area. Not just to those who are unemployed but also bitcoin has a great help to those employed people. They are gaining more profit in addition to their salary. They can secure their future and the future of their family because of the help of bitcoin in every individual who using it. By this, it can also reduce the poverty and if the poverty rate reduces, the standing of the economy will be great.
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March 09, 2018, 02:27:16 PM
 #116

Ofcourse bitcoin has a great help in the economy. Bitcoin can reduce the rate of unemployment. Those unemployed person may not be graduated but still they have a knowledge and skills in different area. Not just to those who are unemployed but also bitcoin has a great help to those employed people. They are gaining more profit in addition to their salary. They can secure their future and the future of their family because of the help of bitcoin in every individual who using it. By this, it can also reduce the poverty and if the poverty rate reduces, the standing of the economy will be great.
I agree with you, bitcoin is so much helpful to the economy it can support the growth and the priorities in the community.It will be a big changes of economy because we can benefits here and useful for legal transactions.
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March 09, 2018, 02:31:06 PM
 #117

I think Bitcoin is helpful to the economy because it helps the people, may they be employed or unemployed. It helps the people to be productive especially on their vacant times or when they are not working. Bitcoin is getting a lot if attention in many countriesnow because it really helps the people.
Bitcoin is really helpful to the economy the way that people live their lives better than now is really a sign of good economy. Bitcoin is the best way to have a better life.
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March 09, 2018, 02:41:53 PM
 #118

I think Bitcoin is helpful to the economy because it helps the people, may they be employed or unemployed. It helps the people to be productive especially on their vacant times or when they are not working. Bitcoin is getting a lot if attention in many countriesnow because it really helps the people.

Of course. When a new source of richness appears, of course it helps economy in so many ways:
- People earn money, so they buy stuff.
- There is a new font of money which allows people to buy stuff, so the injection in the economy grows without the necessity of printing new paper money.

Now, the movement of money always helps economy. We can see crypto coins, for the moment, as a good people buy. Instead of buying stuff made by an enterprise, for instance, shoes, they are buying stuff which production means a lot of electrical use. In many countries, you pay for the electricity a lot of taxes (one example: Spain. In there the electricity bill includes an 80% in taxes"!!!!), so governments are receiving their piece of the cake.
Money movement always implies a lot of secondary tiny movements. Let's imagine: the electricity demand grows exponentially in a neighborhood where are some miners seeking btc. Then, they have to install new cabling in order to support demand, so they hire people for the task. Meanwhile, miners increase their earns and they buy more stuff in their neighborhood; at the same time, the electrical shop in the area has more clients, for they need new connections to their houses, so Petter, the hypothetical owner of the electrical shop, takes his family to a trip, for he has earned more this year. In the vacancy, they spent money on gasoline, clothes, food... and you can go on as far as your imagination reaches.

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March 09, 2018, 02:47:26 PM
 #119

I think Bitcoin is helpful to the economy because it helps the people, may they be employed or unemployed. It helps the people to be productive especially on their vacant times or when they are not working. Bitcoin is getting a lot if attention in many countriesnow because it really helps the people.

yes, i think it helps people to earn money but then for me people are not employed here, if you only work in your bitcoin unless you have another job and you are just making bitcoin as your sideline or another source of income. in short it is not a job, your are still not employed. does it really helps our economy, we do not pay for it right?

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March 09, 2018, 02:53:03 PM
 #120

I think Bitcoin is helpful to the economy because it helps the people, may they be employed or unemployed. It helps the people to be productive especially on their vacant times or when they are not working. Bitcoin is getting a lot if attention in many countriesnow because it really helps the people.
I don't think bitcoin helped the economy ,even how bitcoin so popular now I can't see any improvement of our economy in my country but it help a lot to individuals to get a big profit and give individuals an opportunity to earn. What makes bitcoin or here in the forum advantage is you don't need to show your diplomas so you can join here.

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