Re: Is bitcoin helpful to the economy?

[trolltalk]

Maybe yes bitcoin helps other people to make income even if they are in their homes even an people with disability can make huge profit by trading or mining bitcoins also if they are bounty hunters they can earn money so they can support their families for their needs.

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[KrishaBitcoin]

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.

Indeed, by helping those unemployed persons it also helps the government to reduced the unemployment issue of the country which is the most common problem of all nations. By helping the unemployed to earn it will also help to boost the purchasing power of the people making the economy to become strong and stable too.

[kokorotomoto]

yes I think so, bitcoin can help the finances of unemployed people. but I do not think it helps.

[laravuemaster]

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 very helpful for every country and the only reason why cryptocurrency is being banned on other coutnries is that their government are just corrupted and want's to steal money from other people.

[Bionicgalaxy]

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 truly believe that bitcoin is helpful to the economy because it helps people who do not have any source of income by that bitcoin helps to reduce unemployed people in every country that is why bitcoin is very known today because of other btc users who spreads news about the good benefits of bitcoin.

[bitgolden]

Yea it does, however even though in some countries Bitcoin really do help the economy factor. Most of the countries (especially my country) banned Bitcoin as the payment method because it is against the rules. This is silly cuz of their reasons (Bitcoin could be used to fund the terrorism) but every currency does the same thing. So it doesn't make any sense.

Although Bitcoin got banned, as long as it gives us an opportunity. It should be fine.

In my opinion, bitcoin is very much helpful especially when we talk in term of economy. The best thing about bitcoin is that it is helpful for all the levels of the society and that it is not just limited to the ones who are this much financially strong that they can afford investing in bitcoin.

Bitcoin is also very much helpful to unemployed and the ones who can’t make an investment into it and that it is helping all of them in living a comfortable life.

[jonatuzc]

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.

Bitcoin is no doubt very much helpful to all of us and to the ones who are associated with bitcoin by either investing into it or by becoming a part of either signature campaign or bounty campaign. However, you need to learn a lot of things related to that of the bitcoin and the crypto currency if you want to bring any kind of change in your life because of the bitcoin. Do your best and bitcoin will never disappoint you.

[GamingBro]

At my opinion bitcoin is useless for economy while it's not accepted by government. They are not reciving anything because people avoid any taxes by just using bitcoin.

[GregH37]

Bitcoin is very helpful to the economies of the world.It is rather unfortunate that most of the governments are not realizing this.This is because  bitcoin provides jobs in the form of bounty hunters,bitcoin mining,etc for people around the globe.This has a lot of potentials to turn unemployment around and put food on the tables of many people around the globe.

Bitcoin is helpful– It is helpful to me and I believe it is also helpful to other youths that are living in my country, and our government sees that. As for those countries that their governments are banning Bitcoin and Cryptocurrencies, well, I will just say that Bitcoin is not helpful to them so that will be a reason for their governments to be taking such decisions. I wasn’t able to take care of my family cause I never had a good job, and I wasn’t able to pay rents and bills, but when I discovered Bitcoin, I discovered a bigger opportunity and things changed in my life for good. Right from then I have been able to do a lot of things with the big amount of money I’m getting from it.

[ulages]

Yes, at least it is helping people in earning some money that they can use

[Gabb]

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.

Well, actually the bitcoin itself would not have to be considered a source of wealth if we observe it as a currency, just as the dollar or the euro themselves can not generate any wealth. What is generating wealth, in my opinion, is the effort and talent of many investors who have decided to bet on business related to bitcoin, as well as the great volatility that the same investors are generating in this lucrative market.

[Lagrood]

Certainly yes! Crypto technologies are very helpful for economics and people. They simplify much things and do them better and faster. There are a lot of benefits which crypto technologies have and many times they discussed on forum. You may look previous similar topics on the forum.

[mojtabanikookal]

Bitcoin helps people to gain confidence in the day before. The savings that are in bitcoin only increase. People are not afraid that their money will become inflationary.

[Surge_Dev]

It is impossible not to perceive the potential impact of the crypto-currency on central banking. The Bank for International Settlements (BIS), which is jointly owned by the world's leading central banks, noted  that bitcoin could interrupt the ability of central banks to exercise control over the economy and issue money.

[s0beit]

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.

As for me, bitcoin don't directly help the economy but rather has a big impact in it's growth. As the people in the society succeed and grow in their financial stability, the economy grows as well. Each individual who uses bitcoin influences the development of the economy.

[Dark Sky]

It is impossible not to perceive the potential impact of the crypto-currency on central banking. The Bank for International Settlements (BIS), which is jointly owned by the world's leading central banks, noted  that bitcoin could interrupt the ability of central banks to exercise control over the economy and issue money.

Bitcoin is very helpful for economy of any country and that's why banking will more improve of their country because their people will earn much more money and the poverty of their country will reduce, so many of people who make money from bitcoin they will save some money in bank and some extra money invest in bitcoin for profit, so people can start any business in future and that's why unemployment will reduce from this world.

[Bitcoinbitcoin0909]

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.

Even though we cannot see it, bitcoin does help the economy somehow in different ways. The fees we are paying to the bank or the wallet we are using asks us some extra payment which ends up to the government's hand for the economy's betterment. Bitcoin has always been helping the economy secretely and we should all appreciate that.

[shiki3226]

I am positive that bitcoin helps our economy as it opens doors and opportunities not possible before such as being able to provide a living and the ability to earn in unique ways. Also, the fees we pay are also being taxed.

[Singbatak]

Yes, bitcoin can help the growth of economy, because Bitcoin helps the unemployed people to have a better life. If many people has a good life, it has a good impact to the economy.

[oegarod]

Yes, bitcoin can help the growth of economy, because Bitcoin helps the unemployed people to have a better life. If many people has a good life, it has a good impact to the economy.

Yes, it has given lot of users the ability to survive around the globe. When it comes to contribution to the economy of the country, it is contributing a small portion through the inflow of fiat happening with the support of bitcoin. When we make a trade, automatically there is an inflow which might be a small value but it gives its contribution.