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Author Topic: Why is the world economy is sliding down? And how bitcoin may help it?  (Read 962 times)
jinxing
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March 28, 2018, 12:25:58 PM
 #41

Bitcoin does not help the world economy but individually is very helpful.Although the government does not legitimize bitcoin but the economy is slightly helped by bitcoin. With technological advances, people will recognize bitcoin.dan will change lives for the better.
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March 28, 2018, 12:40:14 PM
 #42

If we try to view the situation of bitcoin towards the balance of economic contributions, bitcoin has already a huge contributions of economic growth because of the people who earn from bitcoin business, we cannot see on how bitcoin paying taxes to the government, but with the instrument of the living people who earn money from bitcoin, the economic situation would benifit also on the peoples money which earn from bitcoin. And I'm hoping, that by way of bitcoin business, our economic world, would strongly grows forward.

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March 28, 2018, 06:08:53 PM
 #43

the economy in today's world is so unstable that so much competition between trade and the arrival of bitcoin currencies on the internet helps the real world economy for those who know.
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March 28, 2018, 08:52:12 PM
 #44

Bitcoin could help the some people to out from poverty and able to provide some good , but the world can't depend on the Bitcoin, in order to used Bitcoin, it will need electricity, gadget and internet, which is not available in some poor country, and Bitcoin only can help small part of people, as not all people understand about Bitcoin, the over usage of crypto could be a threat to economic stability but, now the government has taken prevention step by making regulation, so I think it's safe
Agree with it bitcoin can't make any big changes in the economy of the world because the value of bitcoin is transferred from some other currency so it doen't make any new value so the economy will be same always.but it can help the individuals to increase their standard of living.
That maybe the case but let’s look at the changes it can bring into the lives of those who invest in bitcoin. Isn’t it true that bitcoin has introduced millionaires to the world? Many individuals who were rejected by companies are now making money due to the bitcoin opportunities. This shows that bitcoin can improve the living standard of its holder in a very dramatic and fascinating way. Bitcoin is all about economy and when the economy of an individual improves, country’s economy also improves.
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March 28, 2018, 09:10:00 PM
 #45

I agree that the world economy is sliding down - wages are stagnant in the US, UK and much of western Europe, China is having problems selling so much stuff to the west because there's no money there. I think the value of Bitcoin will rise as the value of fiat currencies go down. As always the best advice is to hedge - own some fiat, some gold, some Bitcoin.

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March 28, 2018, 09:30:16 PM
 #46

I agree that the world economy is sliding down - wages are stagnant in the US, UK and much of western Europe, China is having problems selling so much stuff to the west because there's no money there. I think the value of Bitcoin will rise as the value of fiat currencies go down. As always the best advice is to hedge - own some fiat, some gold, some Bitcoin.
Nice point. Diversify your investment portfolio as commodities / crypto currencies / fiat money. But not only Bitcoin, you can buy other promising crypto currencies that fell down at the current times.

I think that the world economy is sliding down due to geopolitics. The powerful countries rival on the diplomatic arena and protect their markets from the enemies, therefore the volume of transnational trading decreases. Probably, this factor gives a negative impact to the world economy.

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March 29, 2018, 01:10:30 AM
 #47

I will place my wager on Blockchain technology as the one that may revolutionize the World Economy and not bitcoin. Even the conclusion of the G20 meeting was that countries should engage with blockchain technologies and harness the tremendous opportunities blockchain offers.
Countries engaging in blockchain technology would not change anything. Whatever they come up with will still be controlled anyway. No government like the idea of decentralization and that is the main reason why most of them would still end up with centralized digital currency anyway.

This is the reason why the economy is the way it is and that is really going to always affect a lot, so as far as I am concerned, I would always say yes to decentralization and those who accept will soon find out why they should.

Maybe bitcoin will end up being the safe heaven once we start seeing an economy meltdown, who knows. As it is, it looks like the safe spot even with the trade wars going on which by the way it is already affecting my own economy and I am happy this is even happening right now, as this would make people realize why they should not be holding fiat.

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March 29, 2018, 02:28:02 AM
 #48

Worlds economy dont depend on bitcoin because wco omy depends on the government one country have they are the one responsible in boosting their economy they must fight drug addiction, poverty and unemployment also over population to have a good economy while bitcoin can help only people in their financial problems through investing and working on their signature campaigns.
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March 29, 2018, 02:36:29 AM
 #49

Just read the newspaper today.. and again our government has release a warning.. they said "It is dangerous to invest in Bitcoin"
screw them..
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March 29, 2018, 04:15:38 AM
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 #50

Why is the world economy is sliding down, a bit reminder to  2008 when the world economy is in freefall, The shock waves from the collapse of Lehman Brothers maybe on of the main factors.. The economic indicators - trade, industrial production, unemployment - are comparable to the early stages of the Great Depression in the early 1930s.
My point is, how bitcoin could take place to helps the Economics rise again or it would be an additional threat to economy stabilty ??

No, just the opposite. Bitcoin is the only cryptocurrency that can penetrate the monetary 'Field Of Crisis' very quickly especially in economic and financial terms. Not only that, there are other functionalities that are very interesting and can be utilized widely by the community so they are readily and easily understood 'the design is similar to gold but has a volatile value', this is what makes the popularity of bitcoin increasingly favored by the wider community in the search for luck, BTW this at least can reduce unemployment.

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March 30, 2018, 05:15:53 AM
 #51

Why is the world economy is sliding down, a bit reminder to  2008 when the world economy is in freefall, The shock waves from the collapse of Lehman Brothers maybe on of the main factors.. The economic indicators - trade, industrial production, unemployment - are comparable to the early stages of the Great Depression in the early 1930s.
My point is, how bitcoin could take place to helps the Economics rise again or it would be an additional threat to economy stabilty ??

Bitcoin can be a major actor, an additional threat to the country's economic stability, but it could be otherwise. It all depends on the 'thinking power/thinking' of each country's government.

Just read the newspaper today.. and again our government has release a warning.. they said "It is dangerous to invest in Bitcoin"
screw them..

Be careful it is a new scenario "FUD". You should ignore this news. Which country's newspapers are you reading? ...
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March 30, 2018, 08:49:55 AM
 #52

the precise need for our lives, the demand is fulfilled, and also the unmet demand. let alone now the number of people is increasing, and need for survival. because Factors that affect the weak world economy from the demand side, big country economy is still a consolidation process that causes commodity prices have not recovered due to weak demand. this is very influential in our lives. we can see the country of china, they are now become the largest economy producer in the world. Although China is a producer of the world economy, but we see how the survival of Chinese society lives. there are many who lack work, and this is a major factor to fix it. bitcoin has an opportunity for all of us in the search for income, and proved to be a lot of people who play bitcoin get successful results. not just from the easy to get results, but the system used bitcoin is the perfect technology for now. a system that can cover all the economic needs of society, as well as good deals to improve the weakness of the transaction.

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April 06, 2018, 03:51:08 AM
 #53

Just read the newspaper today.. and again our government has release a warning.. they said "It is dangerous to invest in Bitcoin"
screw them..
Of course they're going to say that, what do you expect? Do you think they are going to accept that bitcoin is a better currency and that people should adopt it and stop using their fiat? They are doing the best they can to slow down bitcoin until they can think of a way to destroy it but there is a terrible news for them they will never be able to destroy it so the adoption of bitcoin by the general public is almost inevitable.
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April 06, 2018, 08:30:56 PM
 #54

Just read the newspaper today.. and again our government has release a warning.. they said "It is dangerous to invest in Bitcoin"
screw them..
Of course they're going to say that, what do you expect? Do you think they are going to accept that bitcoin is a better currency and that people should adopt it and stop using their fiat? They are doing the best they can to slow down bitcoin until they can think of a way to destroy it but there is a terrible news for them they will never be able to destroy it so the adoption of bitcoin by the general public is almost inevitable.
What I believe is that government might feel insecure for Bitcoin has the ability to alter the exchange rate of a country which is alarming because a country will never desire to lose control of its instrument via which it can control the appreciation and depreciation of its currency. Moreover, Bitcoin would never be able to replace the fiat. It has the dominancy in the virtual world but fiat is the king of the real world.
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April 09, 2018, 08:47:58 AM
 #55

I do not see bitcoin helping the world economy but rather it can help an individual economy. Obviously, every country will not legalise bitcoin but the individual economy that adopts bitcoin can push in a huge investment when bitcoin is down to get some accruing profit from investment when price go up.  By such profit, the individual country can better her nation and her people by providing more social amenities, building projects, factories and employment.
Yeah, it all depends on individual. As the whole global economy is battling with their fiat system, we are safe in our own decentralized system and really, this would definitely open the eye of so many people right now with the way things are going to be changing in the long run. However, for country that may really accept the usage of bitcoin, it may really help the economy in general since everyone may end up doing pretty well without having to get screwed by fiat.

The entire world economy is sliding down basically because of all the government nonchalant policies that end up draining everything. Bitcoin would only come to the rescue if they accept the idea of decentralization, but of course, we already know that is not possible. So, at the end, only those who are smart enough to filter out the rubbish fiat system from the real thing will be able to do well in the system that is ridden with looming issues.
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April 09, 2018, 08:52:30 AM
 #56

I think, for now, bitcoin is only helped people first to be a new source to make money and bitcoin are not ready to be the world economy and help every country to solve their economic problem. but maybe in the future, when bitcoin is ready to be used by all countries, then bitcoin will unite them and gather all countries in one currency. maybe I am wrong about this but I think it could happen in the future since now the bitcoin user is from all of the countries.

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April 09, 2018, 08:53:06 AM
 #57

Why is the world economy is sliding down, a bit reminder to  2008 when the world economy is in freefall, The shock waves from the collapse of Lehman Brothers maybe on of the main factors.. The economic indicators - trade, industrial production, unemployment - are comparable to the early stages of the Great Depression in the early 1930s.
My point is, how bitcoin could take place to helps the Economics rise again or it would be an additional threat to economy stabilty ??
The economic crisis has come from the decisions of investors when all the retreating investors will cause the financial crisis. Look at the fact Bitcoin does not help the current economy get better and instead, it negatively affects it.Because bitcoin does not bring many benefits to the economy and it causes many to fail rather than succeed.

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April 09, 2018, 09:08:56 AM
 #58

bitcoin can be helpful when bitcoin can be used legally in the country. that way at least definitely bitcoin will lift the economy in the country to be better than ever.
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April 09, 2018, 09:15:39 AM
 #59

Why is the world economy is sliding down, a bit reminder to  2008 when the world economy is in freefall, The shock waves from the collapse of Lehman Brothers maybe on of the main factors.. The economic indicators - trade, industrial production, unemployment - are comparable to the early stages of the Great Depression in the early 1930s.
My point is, how bitcoin could take place to helps the Economics rise again or it would be an additional threat to economy stabilty ??

I wouldn't say that BitCoin can help the economy itself rather blockchain! BitCoin is just one of perspective projects. For example, BitClave monetized decentralized search engine could disrupt the whole $550b market. I don't understand why people are so concerned about BitCoin mainly.
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April 09, 2018, 09:22:27 AM
 #60

world economic are in the crisis situations currently because various of reasons such as high inflation, civil war or nuke issue but indeed we already discuss about this before that whether bitcoin able to help most people in this world or not but in my view it's difficult to do that because bitcoin can't get fully access for people in the world even some of them are refuse development of cryptocurrency
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