Bitcoin contribution to World' income

[LooBaao]

Yes. BTC is a savior to the whole world, which generates income, distributes income all over the world, not only in the country, but also to anyone in the world who is exposed to BTC and has Opportunity to own them.

[Godday]

Indeed without my deny now this velocity of money that I have got not out of bitcoin. much of my finances I've gotten from bitcoin. This proves that I'm contributing to bitcoin that gives finance to all serious people in the job

[Roboabhishek]

At the current state bitcoin is having a big contribution to the worlds income, allowing people with regular incomes an opportunity to jump on board and make some money. As said 0.054% contribution to the world income is quite big and there are many other cryptos contributing. I believe we can get to a  1.1% contribution soon.

[Kambal2000]

At the current state bitcoin is having a big contribution to the worlds income, allowing people with regular incomes an opportunity to jump on board and make some money. As said 0.054% contribution to the world income is quite big and there are many other cryptos contributing. I believe we can get to a  1.1% contribution soon.

With that way that people have the opportunity to earn here they are becoming contributor to the worlds economy, since people have the chance to increase their purchasing power and more businesses are earning profit from them, also the country is earning through the tax that people are paying from their income here.

[Dudeperfect]

Well, first of all, we can not use the aggregate figures of economies because not every country has the same set of laws and tax rates. In some countries, you have to pay tax on almost everything and on the other hand, there are some countries known as tax heaven countries where there is no tax at all so you can take your money there make money there and bring back the excess money back to the domestic country. There is a fundamental difference between the concept of income among the countries and this calculation is based on assumption through macroscopic approach.

[usekevin]

I think the percentage of bitcoin contribution toward the world economy will be more then,you had mentioned.I had getting double of my salary by bitcoin trading and as like this.Many will double their by investing in crypto currency including bitcoin.
So personally I think,the percentage of bitcoin contribution will be 0.075%.

[Barbarian]

I think the percentage of bitcoin contribution toward the world economy will be more then,you had mentioned.I had getting double of my salary by bitcoin trading and as like this.Many will double their by investing in crypto currency including bitcoin.
So personally I think,the percentage of bitcoin contribution will be 0.075%.

There is no doubt that the contribution of cryptocurrencies to each particular individual is great, we just need to look at what happened in the last year and the incredible profits that we got, but when more than 99% of the human population have not adopted bitcoin then the contributions of bitcoin to the world economy are very low.

[Burogh]

Maybe if bitcoin trade regulated by many country, bitcoin can give more significant contribution income. Bitcoin create many opportunity for many people and if bitcoin trade and bitcoin as payment regulated, i think more bussiness will gain from bitcoin existence.
I am imagine people traveling around the world and many merchant can accept bitcoin for payment, tourist will more choosing carrying bitcoin than paper money because its more safe

[wewe123]

In investment of bitcoin ,it will also contribute to the world income, if everyone has join and invest in bitcoin then that are better because the income of one person living in different parts of the world really contribute to the world income, because it is rather add factor than the people with have no work or jobless all over the world, so bitcoin members with income help the economy of the world.

[maculeth]

Emm, your calculations seem to wrong from the very beginning. Forst of all what is the general amount of the world income and how do you calculate it? You need to show its structure. Also it seems like you are adding the BTC market cap (which can't be concidered as income) to the rest of the numbers.
Bitcoin is a currency and if you need to compare it with something then you may try compare it with the supply of the US dollar. You will get less impressive numbers.

and also there should be a table that shows it, right? In addition, bitcoin is not a benchmark of currencies around the world including the dollar, and does not affect inflation and deflation. bitcoin still works individually and builds its own value.

[Sled]

Yes, bitcoin can give a lot of contribution to the world's income because the people are earning bitcoin that is a very high amount of money based on fiat value and because of that they can spend more money in the market which can be the cause for the country to get more additional to its common income for a year and if the cryptocurrency users will become bigger then the economy of a country will grow faster.

[osh5]

Bitcoin is new and in growing stage. Value of all the Bitcoin in the world is $41 billion which makes the market cap of Bitcoin 0.5% of gold. Cryptocurrency has had superior price stability in the past year where it surpassed precious metal valuation per unit last year.
It will take longer time for Bitcoin to strengthen and extend its impact in the market which is most likely possible because of the advantages it gives to the users. Also Block chain technology has created curiosity in many business minds which will further encourage the use of Bitcoins on a major scale.

[pallang]

Bitcoin now is very popular around the world and people is already using it as a source of income by joining in their signature campaigns to earn tokens that can be converted into cash and that helps the country in solving hunger and unemployment.

[NENL]

Bitcoin will be the driving force behind the growth of the world's third-largest economy, in addition to the bitcoin's economic benefits, which also change backward views on monetary definition, full of oppression.

[Lexurdania]

With bitcoin price right now, bitcoin contribution on world income's still low but if that combine with all cryptocurrency in market, i think its great achievement in just 9 years. I think cryptocurrency will more contribute on world income in next few years.

[viyumztf]

The calculation is inaccurate, and you also need to consider a lot of jobs created by bitcoin, as well as mining, bitcoin sales, and media advertising can create value.

[loveinberlin]

I think that this is really great for the world economy! I have read many comments of the experts and most of them think that bicoin is worth a status of a digital gold. We will soon see its flourishing

[Harrow30]

The income generated via cryptocurrency is quite having a positive impact on the world economy. As people are being exonerated from poverty, day in and day out, it will have a ripple effect on the localities, government, nations and the world at large.

[Bobby park]

Though bitcoin has a high number of value, crypto market has only a small contribution for the global market. In fact, the shares of cryptocurrency is 1/16 when we divide it just like a pizza. However, bitcoin contributes exponentially to the world economy in passive form and for sure someday, cryptocurrency market will increases depending to the total people who are aware in the market.

[crzy]

Bitcoin will be the driving force behind the growth of the world's third-largest economy, in addition to the bitcoin's economic benefits, which also change backward views on monetary definition, full of oppression.

Only if they fully accept bitcoin but I think no countries yet sees bitcoin to boost their economy since most of them are afraid to adopt the whole system. Bitcoin contribute income only because of the users of cryptocurrency who earned so much with bitcoi and spend it so government will taste the profit in cryptoworld. Bitcoin will help third world country and I hope they are ready to use the system.