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Author Topic: Re: Is bitcoin helpful to the economy?  (Read 1500 times)
7Dyoknga5
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May 01, 2018, 05:43:50 PM
 #361

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.

individually, bitcoin helps a lot of people. But if bitcoin helps the economy is still undtermined. If users tend to hold their bitcoin it means there's no economical processing at their end.
If people would be more active with transactions using their bitcoin that mightt help the country's economy.

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rainezerr401
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May 01, 2018, 05:46:53 PM
 #362

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 that it was helpful for the economy since japan is planning to be the capital of cryptocurrency in their country so i do not think that there is any bad effect of cryptocurrency, if all the country has only the same idea then people will live a wealthy life.
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May 01, 2018, 06:11:09 PM
 #363

When Bitcoin becomes the official currency in many countries expresses фoнд, it gives them the need to open many more jobs, which is great for people and the economy.

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May 01, 2018, 06:54:10 PM
 #364

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 can help our economy to grow. There are a lot of jobs that been created because of the bitcoin. There are a lot of people that have opportunity to earn income from the jobs that the bitcoin created.

newcollegestar
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May 02, 2018, 05:25:00 AM
 #365

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 very helpful to the economy because it can be the source of income to those who do not have job and it can lessen the poverty and unemployed person in the society and also it can be serves as an early job to the students who wants to have a experience to earn money.
Bitcoin has indeed helped so many people in having a better living and that it is constantly helping so many people especially the ones who were previously unemployed and the ones who were not having enough of the earning in having a better earning and that it is helping them in so many ways. You just need to take the full advantage of this opportunity which is available to you and then you will feel a change in your life.
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May 02, 2018, 06:23:26 AM
 #366

It has helped in in acquiring things for me and my family like a car and hopefully a house and lot. We are still waiting for a great opportunity that we believe bitcoin will provide us in the coming months.
Alpinat
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May 02, 2018, 08:07:13 AM
 #367

Yes it is bitcoin helps economy by giving people a chance to increase the money of people in that community though it is just a opportunity and also it helps people fasten their works you know like sending money in other places without going to remitances.
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May 02, 2018, 08:14:34 AM
 #368

The outreach of cryptocurrency is so limited that it hardly has any effect on the economy at the moment. Recently IMF admitted that cryptocurrencies are still in an infant stage with hardly any effect on the financial stability or economy for that matter.

Cryptocurrencies may transform the financial system and economy in future. Before they can transform financial activity in a meaningful and lasting manner, cryptocurrencies will first need to earn the confidence and support of consumers and financial authorities.
Piggymonster
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May 02, 2018, 08:35:59 AM
 #369

IIndeed bitcoin is very helpful to the economy because it gives another source of income to the people specially to those jobless. Aside from buying and selling bitcoins, we could also earn bitcoins through joining bounties, watching ads and writing blogs and it is open to anyone regardless of the credentials. That is the best thing about bitcoin. 
Rakfosh
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May 02, 2018, 09:23:37 AM
 #370

Bitcoin can save the world from a full-scale war. The write-off of debts will ideally suit through such technology as bitcoin. First, the rate will rise to high prices and then sharply go bankrupt
kwarto
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May 02, 2018, 09:47:20 AM
 #371

yes it is! for those who are engage in bitcoin. like us here in this forum, btc helps us earn money and if this money spent on the community we are helping the economy.

my point is, we could help the economy if we used the money we earn from crypto to the society... our purchases will generates taxes that later use by the goverment
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May 02, 2018, 10:27:04 AM
 #372

I concur with your assessment about bitcoin can fill discharge time or even be an elective salary for individuals who feel less with their principle wage yet whether bitcoin advantageous or supportive for economy? perhaps for the individual economy will be exceptionally valuable including me. however, in the event that it has entered a nation's monetary territory then bitcoin can upset budgetary soundness. since the bitcoin of its cost isn't settled and excessively insecure on the grounds that it is resolved future free market activity campaign
Bitcoin is very helpful to the economy of both a country and its people and its use in that country build up the economy of that country to a large extent that bring that country in the top list in the global market. In other worlds Bitcoin promote a country better than those which are less adopted with or not adopted with Bitcoin. Bitcoin brings superiority for both the people and country.
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May 02, 2018, 10:31:04 AM
 #373

Although some countries are more cautious about bitcoin, some big countries have realized that bitcoin is good for the economy. It can help many industries to integrate with each other and improve their work efficiency.
santafewarrior1980
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May 02, 2018, 10:49:28 AM
 #374

Although some countries are more cautious about bitcoin, some big countries have realized that bitcoin is good for the economy. It can help many industries to integrate with each other and improve their work efficiency.

Yes i agree that bitcoin is very helpful to the economy because it provides a jobs to many people world wide and also the taxes earned on bitcoin is helps government to build some projects that generate jobs to unemplyed people.

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May 02, 2018, 10:55:13 AM
 #375

I don't know about the economy, but i know that crypto currency helps people in a sense. It provides people with an extra income to help them out with their everyday spending. This could also provide a person extra time, if crytpo currency can sustain them they're able to retire early anf be with their family. In a sense, crypto currency can help the economy. People spend money if they have money. It provides a more active circulation of wealth.

rabs
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May 02, 2018, 11:07:45 AM
 #376

No doubt Bitcoin is helpful for the stable economy of the state,Bitcoin allow to employ skills to engage manpower which reduce burden from state. Investor bring money which is utilized now because of bitcoin before it was useless.If government legalize the Bitcoin it will reduce the expenditure of fiat money paper and printing.
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May 02, 2018, 12:55:11 PM
 #377

No doubt Bitcoin is helpful for the stable economy of the state,Bitcoin allow to employ skills to engage manpower which reduce burden from state. Investor bring money which is utilized now because of bitcoin before it was useless.If government legalize the Bitcoin it will reduce the expenditure of fiat money paper and printing.
It will not only reduce the printing of the paper money but also it will help a lot of people to have an opportunity to get another source of income aside from their job or business and that will be the key for the people to earn more and more money and it will help all the people in overall and it will result for a healthier economy.
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May 02, 2018, 12:58:24 PM
 #378

If I think personally this bitcoin is very useful in boosting the economy of a particular individual or group of people because With their bitcoin the unemployed can reap the income from bitcoin by following the available Bounty and also by trading and bitcoin mining.
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May 02, 2018, 01:00:57 PM
 #379

Bitcoin is a savior to this our generation, and at that bitcoin has helped unemployed and underemployment in the country and that has help the economy by making the citizens to look away from the government and at that help to reduce the over depends on only the government by the people that is making them self employed.
Noahbreezy
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May 02, 2018, 01:04:08 PM
 #380

Bitcoin and other currencies has made so much people rich. Why doesn't the state see that? It's like saying: "Everyone else gets to pick up 500$ but you can't."
Currencies should be seen as a goldmine for the economy, not only are cryptocurrencies so much more efficiënt but a lot of the platforms that are created with them are also very useful for community and economy as well. It's a mistake they're making and it's one they will regret!
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