Bitcoin contribution to World' income

[gunungkembar]

I think that is a huge contribution and income, with that kind of money you can become rich and I don't expect that as much as the bitcoin turnover in the world and can give very much results.

[zero9119]

I think that is a huge contribution and income, with that kind of money you can become rich and I don't expect that as much as the bitcoin turnover in the world and can give very much results.

The contribution of Bitcoin and the cryptocurrency in the world economy has been paying great attention in the past few years as the market began to grow but compared to other financial markets it was very small. So I hope in the future cryptocurrency and Bitcoin will grow stronger to contribute to the development of the world economy.

[squog]

I think your calculations are abit inaccurate. You actually included the value of Bitcoin as a whole. If the same is true then you have to include the value of all the GNPs of every country in the world plus the value of their current currency and it's total supply. But it is true, Bitcoin contributes to the world economy.

[ngano ba]

That is the real that happen ,bitcoin had great contribution to world income because even the jobless persons can really have income by joining the bitcoin forum organizations , we just registered and work what the bounty campaign required and we can earns ,that is the big oppurtunity the bitcoin community gives to the people who are financially crises  , and willing to overcome this economic problem and work for bitcion and have income , so bitcoin is a big contributor to world income.

[globalpain]

I think that is a huge contribution and income, with that kind of money you can become rich and I don't expect that as much as the bitcoin turnover in the world and can give very much results.

The contribution of Bitcoin and the cryptocurrency in the world economy has been paying great attention in the past few years as the market began to grow but compared to other financial markets it was very small. So I hope in the future cryptocurrency and Bitcoin will grow stronger to contribute to the development of the world economy.

According to the G20 statement some time ago, the impact of bitcoin and crypto currencies has not even reached 1% of the total economy. I think factual data is more than that because they don't know in detail.

Contributions will be obvious if they use crypto as an alternative payment, and this will be connected to the space in the officially registered public business.

[Wodomi]

Bitcoin has not yet been able to influence the global economy, because its market share is scanty!

Globally, bitcoin already has a contribution in the financial sector, namely removing banknotes that are strongly associated with logging of forests that will be used as raw material for paper money. Bitcoin's contribution is still small because users are few and concentrated in developed countries with higher levels of education.

[zubrr51]

While Bitcoin's contribution to world income is really small. But this is good, as the market has room to grow.

[Barbut]

While Bitcoin's contribution to world income is really small. But this is good, as the market has room to grow.

It was even smaller in the beginning, compared with that times now its much bigger. Market cap is higher every year, I think that in next 5 years, more or less, we need to hit trillion dollars market cap. That is relatively small compared with other financial institutions but with going up and up bitcoin can be one of the most expensive assets in the world. I think market have a lot of free space for growing, among the people, companies and later countries, there is so much free space bitcoin can conquer.

[Flor1982]

I could see many of us are now in prosperity around the world because of Bitcoin so for me the contribution of Bitcoin to world income is priceless that it cannot be measured of any amount because Bitcoin as a life changer is a great contribution to the mankind.

[BitTraderCute]

I could see many of us are now in prosperity around the world because of Bitcoin so for me the contribution of Bitcoin to world income is priceless that it cannot be measured of any amount because Bitcoin as a life changer is a great contribution to the mankind.

much people earn money from this world.we could take a look at mining industry.vga production rise alot after people mining bitcoin or altcoin for their investment.its really give positive impact to other sectors.and still many benefits from cryptomarket that make people become prosperous.

[Usafstar]

If clearly bitcoin is not showing any progress in the world income but it is clear that most of the people have told that bitcoin is providing a good income source to many of the jobless people and now they are enjoying the happy life while they have invested further so it will not wrong that they have own their trading platforms and many new ICO has been started by them once they were very new to it and now they are able to develop the crypto so it has bring much change.

[jatin729]

If clearly bitcoin is not showing any progress in the world income but it is clear that most of the people have told that bitcoin is providing a good income source to many of the jobless people and now they are enjoying the happy life while they have invested further so it will not wrong that they have own their trading platforms and many new ICO has been started by them once they were very new to it and now they are able to develop the crypto so it has bring much change.

How you can say that bitcoin is not contribute in world's income ?
Do you know how many people are actually working as a freelancer and earning bitcoin or ETH as an income for months.
one thing even students earning from trading and bounty campaigns and they earns huge money from it.
Per capita income has increases certainly you can't say that crypto is really helpful for those who want to earn money online.

[Brigalabdis]

Basically a lot of people been earning by the help of bitcoin industry , so in my own perspective the biggest contribution to world income , well the demand and the new ideas that bitcoin shown on the world wide. The most influential coin at the entire world, which a lot of people wanting it. And i guess sooner or later the btc will be successfully known or recognize mostly the governments that still thinking bitcoin is scam. And from the word that i said on the starting, is that a lot of people has been earning through bitcoin industry so basically, they're probably using it , i mean using it? , a lot buying their daily needs, like i did. So basically, it's a huge factor and a great source of income. Big thanks to bitcoin though , well long live bitcoin.

[Thomson-Winter]

Yes, bitcoin generates income for many people, they can improve their old wages and comfortable living conditions thanks to the investment of intelligent bitcoin

[patarfweefwee]

I think you made an error there in your calculations as to the income plugged in by crypto currency. What you actually did is calculate the value of crypto currency. If we do that then we should also calculate the valie of all currencies of the world plus their GNPs and vaue of their products which i doubt will be just in the trillions.

[andriarto]

Basically a lot of people been earning by the help of bitcoin industry , so in my own perspective the biggest contribution to world income , well the demand and the new ideas that bitcoin shown on the world wide. The most influential coin at the entire world, which a lot of people wanting it. And i guess sooner or later the btc will be successfully known or recognize mostly the governments that still thinking bitcoin is scam. And from the word that i said on the starting, is that a lot of people has been earning through bitcoin industry so basically, they're probably using it , i mean using it? , a lot buying their daily needs, like i did. So basically, it's a huge factor and a great source of income. Big thanks to bitcoin though , well long live bitcoin.

i think in bitcoin money will spin, so many bitcoiners get a lot of money from people who need btc. of course, the more people who need it, the bigger nominal will be, so that they will be lucky, because many are suddenly rich

[heleng05]

I think that bitcoin has really gave a bigger contribution it the world income because he also allow people who don't have a regular job to work to earn money. And I think most people that get involved to bitcoin would say that it has the biggest contribution to the economy among all the currency.

[Lorence.xD]

Today i was just thinking about Bitcoin and its total contribution in world's economy. Let's calculate it.
Assume Bitcoin price - 8,925 USD
According to coinDesk Supply of total bitcoin yet = 16,937,088
Total value of bitcoin till now approx -$0.152 Trillion
According https://www.credit-suisse.com/corporate/en/research/research-institute/global-wealth-report.html
Total World income is 280 trillion USD
Total bitcoin contribution to world income 0.054%
Here i am just talked about One crypto asset Bitcoin but can you imagine others coin ETH, LTC, DASH etc.

Share your view on it.

       That was totally an awesome and amazing thing about this new type of cryptocurrency uprising the positivity of pushing the innovation to uphold the capability and capacity of the world's income to rise furthermore which is a positive thing that can be associated with the cryptocurrency. Absolutely, this will encourage more people to go engage with Bitcoin as well as the other types of existing cryptocurrency around the virtual market that will surely uprise the popularity of the whole community if that scenario will happen.

[KesoNie]

Today i was just thinking about Bitcoin and its total contribution in world's economy. Let's calculate it.
Assume Bitcoin price - 8,925 USD
According to coinDesk Supply of total bitcoin yet = 16,937,088
Total value of bitcoin till now approx -$0.152 Trillion
According https://www.credit-suisse.com/corporate/en/research/research-institute/global-wealth-report.html
Total World income is 280 trillion USD
Total bitcoin contribution to world income 0.054%
Here i am just talked about One crypto asset Bitcoin but can you imagine others coin ETH, LTC, DASH etc.

Share your view on it.

       That was totally an awesome and amazing thing about this new type of cryptocurrency uprising the positivity of pushing the innovation to uphold the capability and capacity of the world's income to rise furthermore which is a positive thing that can be associated with the cryptocurrency. Absolutely, this will encourage more people to go engage with Bitcoin as well as the other types of existing cryptocurrency around the virtual market that will surely uprise the popularity of the whole community if that scenario will happen.

Bitcoin has a huge contribution especially in an income to someone so that it has effect in economy in a country. And its totally amazing how the Bitcoin technology can change our lives by using it, so that once the country adopt it or accept surely it will be have a great economy and also many people will get help financially.  Im glad that cryptocurrency and Bitcoin exist because its really helpful to many people.

[jatin729]

Today i was just thinking about Bitcoin and its total contribution in world's economy. Let's calculate it.
Assume Bitcoin price - 8,925 USD
According to coinDesk Supply of total bitcoin yet = 16,937,088
Total value of bitcoin till now approx -$0.152 Trillion
According https://www.credit-suisse.com/corporate/en/research/research-institute/global-wealth-report.html
Total World income is 280 trillion USD
Total bitcoin contribution to world income 0.054%
Here i am just talked about One crypto asset Bitcoin but can you imagine others coin ETH, LTC, DASH etc.

Share your view on it.

       That was totally an awesome and amazing thing about this new type of cryptocurrency uprising the positivity of pushing the innovation to uphold the capability and capacity of the world's income to rise furthermore which is a positive thing that can be associated with the cryptocurrency. Absolutely, this will encourage more people to go engage with Bitcoin as well as the other types of existing cryptocurrency around the virtual market that will surely uprise the popularity of the whole community if that scenario will happen.

Bitcoin has a huge contribution especially in an income to someone so that it has effect in economy in a country. And its totally amazing how the Bitcoin technology can change our lives by using it, so that once the country adopt it or accept surely it will be have a great economy and also many people will get help financially.  Im glad that cryptocurrency and Bitcoin exist because its really helpful to many people.

Yes i agree with your point that crypto is really contribute in improving living standard of people because we have seen most of unemployed working as  bounty hunter and also earn money from trading. Nation also earn taxes because when people buy any goods than indirect taxes directly go to govt.