Re: Is bitcoin helpful to the economy?

[zhea]

Bitcoin is really helpful to the economy because of the opportunity that it brings to the people who are engage with it. We are all aware that nowadays employed or unemployed people are both engage with bitcoin and its really good because of the income that really help sustain living. As long as the people are earning it is a good impact to the economy as well. People can afford to buy specially the basic needs that is very important in our daily lives to survive. The fact that it gives chances to people to have a good earning definitely poverty and unemployment rate decreases, and the revenue of the government increases because lot of people will spend money just to supply things that they need.

[reverseflash]

Of course helps. The person earns on bitcoin, transfers to Fiat, spends money for the needs. Further a part of money in a type of tax gets to the state treasury. Unambiguous plus to all links of a chain.

[xuv500]

No doubt that Bitcoin is helpful to the economy, it makes the individual rich and life style changed from basic to upper class. Thus, individuals development in economy impacts the countries economy and the country obviously be in top of the chart. Appreciate and long live Bitcoin, its concept and technology.

[darknuke]

Yes, it does. A lot of video card and electricity consumation thanks to the miners. All this means a lot of money

[Dark web]

I think bitcoin is helpful in the economy.Because in every country there is a lack of employment compared to the population.It created unemployment and poverty in the country.People can earn money through bitcoin,can remove unemployment.With the help of this coin, people can overcome their poverty and fulfill their necessary needs.It has a very good effect on the economy and the country's economy is improving.

[awawo]

Bitcoin has help the economy of different countries to achieve positive growth and also bitcoin has helped to reduce the bounden on the government e.g the high rate of unemployment that always lead the youths into crime has reduced greatly because so many youths are now positively involved in bitcoin and are earning income that can take care of they needs.

[sindikat]

Bitcoin has help the economy of different countries to achieve positive growth and also bitcoin has helped to reduce the bounden on the government e.g the high rate of unemployment that always lead the youths into crime has reduced greatly because so many youths are now positively involved in bitcoin and are earning income that can take care of they needs.

The popularity of bitcoin does not depend on the fact that some people get income from it. Most coins are concentrated in the hands of rich people. We constantly see confirmation of this. It seems to me that at this stage the popularity and capitalization of bitcoin depends on the recognition of bitcoin by millionaires as a safe asset for storing their funds.

[Sazakan]

Complicated question but in general, more opportunity is more possible growth, so: Mostly yes.

Like with any big change re: technology and social behaviour, some parts of the economy are going to take advantage of it and some parts are going to "suffer".  In a few years, there are going to be more and more services which are going to use blockhain opportunities (work contracts through blockchain or ticketing solutions like the Cultural Coin are a good first step) Regarding the bitcoin itself - the BC is going to get more important automatically, cause other services are going to adapt themselves and BC is going to become a normal currency.

[sserge009]

Now we can only talk about prospects. while governments have not developed their attitude to crypto, bitcoin can not really affect the economies of countries on a global scale. As soon as it reaches the state level, the situation will change.

[Morning honor]

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

Yeah youre right because if your life will be involvement for bitcoin theres a big chances that our life will be complete and has a chance to grow.And this is how the economy improvement will be utilize the way you got an income of crypto currency.

[terlesbogli]

Yes bitcoin is very helpful to our economy there are lots of opportunity to earn money by crytocurrencies. Crypto coins is the new way to become rich it's not too late to hold a potential coins just wait and think what best crypto coins goes boom in the future.

[Pattart]

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.

At least it reduces unemployment in a country. when bitcoin comes in and provides a decent income for unemployment in a country. of course it will make the country's economy getting better. although its effect can not be seen significantly since only a few individuals use bitcoin. hopefully more and more bitcoin users and more bitcoin influence for the country's economy..

[marcuslong]

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.

At least it reduces unemployment in a country. when bitcoin comes in and provides a decent income for unemployment in a country. of course it will make the country's economy getting better. although its effect can not be seen significantly since only a few individuals use bitcoin. hopefully more and more bitcoin users and more bitcoin influence for the country's economy..

Bitcoin has helped the economy so much. Many are already gaining profit, and earning through this technology. Unemployed rates have decreased as it open doors for big opportunities.

[Dheo]

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.

At least it reduces unemployment in a country. when bitcoin comes in and provides a decent income for unemployment in a country. of course it will make the country's economy getting better. although its effect can not be seen significantly since only a few individuals use bitcoin. hopefully more and more bitcoin users and more bitcoin influence for the country's economy..

Bitcoin has helped the economy so much. Many are already gaining profit, and earning through this technology. Unemployed rates have decreased as it open doors for big opportunities.

Bitcoin is a big opportunity to us ,but we need to study first about it to avoid losing money because bitcoin price is not stable and we need to know the right timing to gajn profit on it.

[m1c0]

yes bitcoin is very helpful for the economy because it creates new jobs and gives people more rights back to their lives.
Furthermore, it has a good future potential to move from a niche into an entire industry.

[South Park]

I can say bitcoin is helpful to the economy if the government in that country is collecting tax from bitcoin. And also many of bitcoiners now are unemployed people and bitcoin is really helpful to them so I think that would help the economy because bitcoin will lessen the unemployed.

for some people, bitcoin really does help the economy, and for some others it is not true, because they are just all in seeing others get success. well, they also want to like it without knowing the exact system of how to benefit from bitcoin. well, but I think it will make them learn.

Bitcoin can help the economy but not in the way you think, speculation does not really generate wealth, wealth is generated when new products and services are created not with speculation, so bitcoin is going to create wealth in the form of new companies, new services and new products so many people are going to benefit through it, however there is a high possibility that many people especially in the bank sector will lose their jobs

[kefir56]

It is just a safe currency, so if all of the money would be that safe, the world would be very differ

[lopez cryptomania]

I believe it is great for the economy and that blockchain technology will change how many things are done for the better. I like this ICO bc they are focusing on bringing the masses into crypto.

https://bitcointalk.org/index.php?topic=3085831.msg31823480#msg31823480

[komjhq]

I can say bitcoin is helpful to the economy if the government in that country is collecting tax from bitcoin. And also many of bitcoiners now are unemployed people and bitcoin is really helpful to them so I think that would help the economy because bitcoin will lessen the unemployed.

for some people, bitcoin really does help the economy, and for some others it is not true, because they are just all in seeing others get success. well, they also want to like it without knowing the exact system of how to benefit from bitcoin. well, but I think it will make them learn.

Bitcoin can help the economy but not in the way you think, speculation does not really generate wealth, wealth is generated when new products and services are created not with speculation, so bitcoin is going to create wealth in the form of new companies, new services and new products so many people are going to benefit through it, however there is a high possibility that many people especially in the bank sector will lose their jobs

It seems to me that many users promise lots of promises and hopes on bitcoin. It seems to me that the future of bitcoin is not as rosy as many specialists feed on forecast. And yet I am very depressed today's prices for Bitcoin.

[Ejanend]

Of course helps. The person earns on bitcoin, transfers to Fiat, spends money for the needs. Further a part of money in a type of tax gets to the state treasury. Unambiguous plus to all links of a chain.

Bitcoin has helped state improve economically by helping its citizens earning money. It is understood if the people living in a particular state are stable financially and most of them are running their own businesses, they are going to pay all legal taxes, eventually helping the state to become stronger financially. Those states and governments who understood this thing had already made bitcoin legal for their people.