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Author Topic: Re: Is bitcoin helpful to the economy?  (Read 1500 times)
Crypto24hrs
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May 02, 2018, 01:18:01 PM
 #381

To me Bitcoin exerts both negative and positive effect in the economy, it makes bussiness transaction easier and faster 48hrs round the clock,it also inject more cash into the economy of every country where the usage is allowed,it save government from huge amount of cash it uses in  printing of paper money.
But on the other hand it negatively affects the economy by injecting uncontrolled and unsupervised cash in to the economy which may be against the wish and policy of government at a particular point in time
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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baconlike
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May 02, 2018, 01:25:44 PM
 #382

Yes, they help the economies of many developing countries through ICO capital mobilization projects. So the government can issue an ICO project to improve the country's infrastructure. so very useful.

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May 02, 2018, 01:26:38 PM
 #383

Once I know bitcoin then I can increase my income, if only rely on monthly salary then I will not be able to buy everything I want, and this certainly happens with millions of bitcoin users around the world so I agree that bitcoin can boost the world economy.


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thekafi
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May 02, 2018, 02:36:16 PM
 #384

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, I think bitcoin is helpful the financial. the jobless can participate in bounty campaign , they can get alot income. it can reduces unemployment and add financial.
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May 02, 2018, 02:37:45 PM
 #385

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 strongly suspect that Bitcoin may be useful to the economy. Although there are many jobs for the unemployed, investors may have lost a lot of money to invest in Bitcoin. Bitcoins may not be useful to the economy

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Visteryy
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May 02, 2018, 02:39:13 PM
 #386

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 was unemployed, I dropped out of college and started making money on the internet. While I was looking for a job, Bitcoin gave me the opportunity to have a stable job. I think Bitcoin has also helped people like me
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May 02, 2018, 02:41:32 PM
 #387

Bitcoin has helped many poor people to become rich or even have become millionaires after a short while investing in Bitcoin. So I think Bitcoin is useful for the world economy
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May 02, 2018, 02:46:58 PM
 #388

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.
But there are also a number of cases where Bitcoin has suffered capital losses and some have had to sell their homes to pay off their debts. We should look at Bitcoin's two sides. It can also be good and also bad
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May 02, 2018, 02:51:31 PM
 #389

bitcoin has no direct impact on the economy of my country but has indirect impact becouse bitcoin is making individuals weathy and the more money in circulation the better the economy.
I think so. Bitcoin can not help the world economy to develop, Bitcoin can only affect those who invest in Bitcoin, it has also helped me from a poor man become a rich man


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May 02, 2018, 02:53:10 PM
 #390

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.
But there are also a number of cases where Bitcoin has suffered capital losses and some have had to sell their homes to pay off their debts. We should look at Bitcoin's two sides. It can also be good and also bad

You are right, there are such cases, and everywhere there are advantages and disadvantages, as well as risks. The fact that people have become rich or vice versa, have lost everything - depends only on ourselves.
Bitcoin can help the economy if it is properly used and used by Blockchain technology.

piterpie
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May 02, 2018, 03:00:34 PM
 #391

I think not. Bitcoin can not be useful to the economy. Because Bitcoin is a technological revolution on the internet. Although Bitcoin creates a lot of work, it can not affect the economy of the world
soname12
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May 02, 2018, 03:01:58 PM
 #392

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 does not have any impact on the economy. When Bitcoin prices rise, investors benefit from rising prices. And when the price goes down, those investors will lose money. So my answer is no

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May 02, 2018, 03:04:05 PM
 #393

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 helps unemployed people, so I think Bitcoin will benefit the economy of the unemployed and give them a stable job and a daily or monthly salary.

jackky
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May 02, 2018, 03:06:29 PM
 #394

I think Bitcoin may be useful for the economy but it could also ruin our economy. If the Bitcoin price drops to a dollar, millions of people lose money and wealth. Everyone will go bankrupt
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May 02, 2018, 03:19:14 PM
 #395

I think Bitcoin may be useful for the economy but it could also ruin our economy. If the Bitcoin price drops to a dollar, millions of people lose money and wealth. Everyone will go bankrupt
Yea it's possible to be a dollar but it seems really difficult and nearly to zero if I would say. With how Bitcoin has been developed so far, if Bitcoin is down or something. It would turn into a chaos because much people will suffer because of this.

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Ethan Manson
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May 02, 2018, 04:35:53 PM
 #396

I think its helpful in the sense that it gives people who are outside of the baking system with access to a smart phone the ability to send and receive value.
cfif123
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May 02, 2018, 04:44:18 PM
 #397

Once I know bitcoin then I can increase my income, if only rely on monthly salary then I will not be able to buy everything I want, and this certainly happens with millions of bitcoin users around the world so I agree that bitcoin can boost the world economy.
is very true and there is also evidence that bitcoin is indeed very beneficial for the economy of the country and its people who use bitcoin. and I also know the bitcoin of my life and my economy is very good, because the result of bitcoin is very promising
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May 02, 2018, 05:13:39 PM
 #398

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 really dont see how bitcoin helping people,really dont, may be other crypto could,but not old fasion bitcoin with very big prices for tranastions and very slow. Fusion will really help peoplo,because through it you can do all things you need - smart contracts,transfering crypto to fiat and back and more and more
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May 02, 2018, 05:17:10 PM
 #399

Once I know bitcoin then I can increase my income, if only rely on monthly salary then I will not be able to buy everything I want, and this certainly happens with millions of bitcoin users around the world so I agree that bitcoin can boost the world economy.
is very true and there is also evidence that bitcoin is indeed very beneficial for the economy of the country and its people who use bitcoin. and I also know the bitcoin of my life and my economy is very good, because the result of bitcoin is very promising
It is really helpful not only to the economy and to all the people, if we would just use this crypto at the right way that it should be and not to harm people for sure we are all using it and no country would even banned it.

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May 03, 2018, 04:51:45 AM
 #400

Yes it absolutely helpful to th community, bitcoin helps us into many ways. Like people without a stable job they can actually invest their times to help in this forum and also they can earn money by joining in a campaign provided by this forum. Even people with full time job they can also look for bitcoin as another opportunity to them. Trying to invest and trades in one of the good way for them to earn more profits and help their families for having a better life in future.
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