Re: Is bitcoin helpful to the economy?

[Luwi]

Bitcoin greatly helps the economy for its users worldwide. Especially for those of us who do not have a decent job. We are very lucky to get to know bitcoin, because we can earn revenue through this forum. We can help others and meet our needs. Thus the state is also indirectly assisted in reducing the level of poverty. May the entire country quickly legalize the bitcoin of the country.

[bitgolden]

Bitcoin is very helpful, but it depends on how hardworking are those who owns the economy. It can’t favor everyone at a time, it doesn’t. There are people who loses for other to benefit from it. So I will that Bitcoins does not help every economy at the same time.

The number of people who end up losing in a particular country VS the number of people that earned profit in the other, you will get to know which economy is benefited the most

[Taner]

I see only that bitcoin is a speculative tool at the moment. To help the economy needs another currency, more powerful and technologically advanced.

[BlueStackz]

you can say bitcoin gives jobs to some people, which of course can improve the economy. for example the bounty hunters get paid for a number of projects they do, but not everyone can do it other than in need of knowledge about it, and also tools to do it like a computer or laptop.

Hmm… well, that’s true. Bitcoin provides job for people. Before I got into Bitcoin I already had a job doing, Bitcoin is just like a second job now and it pays more than my first job, but that doesn’t mean I’m going to quit my first job… no, I will still continue with it, because it’s more stable than Bitcoin.

Bitcoin doesn’t really offer a job with a stable income, it relies on how hard you worked for that month, unless you got an actual job that pays you with Bitcoin.

[Commie]

Any economy is hugely dependent on taxes. I can't see Bitcoin being helpful to any economy in that sense. Helpful to (some) people maybe yes, but to economy as a whole... Probably not.

[rainezerr]

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 it is, japan today is using cryptocurrency to improve their own economy and i cannot believe why there are countries today who are still banning bitcoins, if other countries just have the same idea then people can live a wealthy life.

[Xising]

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.

It certainly is. There has been so many testimonials on how people have become rich and have gained lots of money and assets, which in turn, have helped their countries economies, especially for those early adapter countries that have accepted and embraced the good that bitcoins has to offer. It's not easy to rely on something unsure and unreliable like cryptocurrencies, but then again, what business venture doesn't have risks. So, if you are willing to take advantage of something, it comes with the acceptance of its risks as well. And those countries that did exactly that, are now the once that are harvesting the seed they planted when they accepted bitcoins early on.

[Shanmatthew]

Yes. Bitcoin is indeed a big help to the economy of each country since it brings good feedback. It also helps people who do not have stable financial income to atleast survive each day. It also produces wealthier individual that shows all the advantages of it.

[delarossa]

Yes, your word is true. but if all people know about the existence of this bitcoin, it might be possible to affect the bitcoin price itself. But the uncomfortable thing is when we follow a campaign for example. The number of participants who participated will be more and more and it can make you get fewer rewards than the current one. Sorry if my comments are a bit off the mark but at least you understand what I mean.

[bummm]

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.

It is certainly helpful to the economy in following ways:

1) Inspiring young individuals for innovations: Most important benefit in my opinion is that the success of a technology like bitcoins encourages a lot of young people to start thinking on the same lines. We may start seeing similar projects by researchers or students in future. This will be useful for the society.

2) All  types of people are investing in crypto. Majority is middle class in hope of getting some extra money for business or other investment purposes.

Yes, I agree with you, my friend. Bitcoin and the other alternative cryptocurrencies help the economy a lot. Each person, and it does not matter if he is a rich guy or a man with an average income and no special education can improve his life level with BTC also.

[Pier7]

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 fully agree, bitcoin is the new hope of the people and is very helpful to the economy. It helps to reduce the unemployment rate and can be another source of income for those who are working. Some of my friends even quit their job and focus on bitcoin because they are earning more than their regular job. 

[Farma]

Yes. Bitcoin is indeed a big help to the economy of each country since it brings good feedback. It also helps people who do not have stable financial income to atleast survive each day. It also produces wealthier individual that shows all the advantages of it.

Well, for my own economy, bitcoin really succeeds in making it fulfilled. even this is more than I imagined. well, but I'm still grateful. I want to make my economy better, so I'll keep trying to use bitcoin for that.

[DarkTaiga]

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.

Bitcoins are helpful for developing countries and their economics. But it does not help the developed countries's economy (US,...). Bitcoin doesn't create any product that has real value. All are digital. Bitcoin helps many people be rich but many people have lost money because of it. Although Bitcoin give us many good opportunity, but it is just like a gamble. Do you think why some government ban it? Because it's good for their economy?

[Cinemo]

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.

It is really helful to our economy one thing is people who are involved in this bitcoin gets rich. More people are given a chance to jave a job and earned money to help their families as well as some purposes. We can lso do business by means of bitcoin.

[noormcs5]

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.

Absolutely, I agree with you, that bitcoin is helpful for every country's person and it is support us by financially and economically. Although bitcoin give us earning source and without big struggle, we could earn a big and reasonably money from bitcoin, but something is wrong with some governments becasue they don't like that people do investment on crypto currency, especially banks have problem with bitcoin and other crypto currencies, it is a main reason, that people are happy with bitcoin and all other crypto but some governments are not happy with bitcoin and other crypto currencies.   

[Chusnul]

Bitcoin or all other crypto Currencies works as alternate to payment methods in place of recognised currencies. Its impact on economy on global scale can not be predicted but it can be said it will be a step in a right direction. Working on blockchain technology tracking of it payment path is a plus point and because of it money laundering can be checked. All these things will have big impact on the economy. Bitcoin works as payment method for any commodities or services globally. It was first crypto currencies working on the blockchain technology thus making it widely recognised around the world.

[Elrozaq]

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 agree.I think bitcoin has helped financial of  people. it also affects the economy of the country.

[Cryptoproff]

Bitcoin is really a great inovation in the digital market. Bitcoin's use is getting wider and wider almost everyday, more and more companies and sites accept the use of Bitcoins because of its advantages as a form of currency.

[Heroonnone]

Yes , with helps bitcoin we can improves lives poor people. We can use bitcoin as money and pay for lunch or transfer money for mom in other  country . And will safe our money if  our country have inflation.

[phelbaby]

To this day is my savoir and it has helped my economy background but to my country is a fraudulent business but I believe bitcoin can save the economy.