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Author Topic: Why is the world economy is sliding down? And how bitcoin may help it?  (Read 961 times)
ov3rflow9x
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April 09, 2018, 09:32:15 AM
 #61

Because of technology behind BTC, that may really help/support the world economics, and it's not just for bitcoin.
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AngellSky
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April 09, 2018, 11:31:52 AM
 #62

Because of technology behind BTC, that may really help/support the world economics, and it's not just for bitcoin.
at the current instability of the market, Bitcoin itself needs help, so the world financial situation is no longer in question. One can only assume how many investors lost when they began to invest after a decline in prices from 20,000 dollars per Bitcoin.

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April 09, 2018, 07:50:17 PM
 #63

Bitcoin may help world's economy intrinsically, for example the investor XYZ by selling his coins may help "paper economy" by investing in a restaurant, estate agencies or other activities

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April 09, 2018, 08:01:41 PM
 #64

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

Yes, its true that unless and until the infrastructure doesn't come in place then we cant do anything about it. For better opportunities we need out reach to most common and middle class people so that we can say bitcoin might just help in such situations. For now, I dont really think that there is anything great happening with the bitcoin neither it is helping us to get out of such situations. I understand that if crisis occurs in the world then bitcoin might just go down as well because it will be the first thing from where government will take the money out to help the economic situation to recover. Off course as that is the money which has been stuck out of the gird literally!

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April 11, 2018, 07:44:41 PM
 #65

Bitcoin can't help global economy, at least not now because a lot of countries doesn't accepts Bitcoin as an official currency in their system.
For now Bitcoin can help the investor that chose it
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April 12, 2018, 06:56:43 AM
 #66

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 ??

More and more normal people have been getting into cryptocurrencies partly because they have heard stories from crypto fans. Information about crypto opportunities spread rapidly all around the world.
ov3rflow9x
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April 13, 2018, 11:38:43 AM
 #67

I don't think with bitcoin will be something great and good in future, now the time for the Altcoins, they will change cryptoworld in future
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April 14, 2018, 02:03:02 PM
 #68

World economy is falling apart because of bad choices and because people who are on the top of it doesn't care about people's problems, they only want to keep doing what they always did in the past times.
With Bitcoin this could end, but this is actually an utopian dream, our society is not ready for Bitcoin
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April 14, 2018, 02:40:19 PM
 #69

I think the increasing population world wide is increasing pressure on avialbel resources and jobs are also scarce. This is making economy go down.

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April 14, 2018, 02:44:30 PM
 #70

The world's economy is cyclical and has experienced many cycles in the last one hundred years, and encryption has only a tiny fraction of the world's economy, which does not play any role in the recession.
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April 15, 2018, 06:49:17 AM
 #71

When you speak about the 2008 fall, Lehman brothers, the housing market etc. one of the main things that caused this collapse was shady deals and bets and inefficient accounting and accountability, no one was really paying attention to the sh*t that was actually going on, all they were interested was in the future potential returns. So with blockchain (the transparent ledger system) itself rather than bitcoin has the potential to make the "economy"better, shady and unaccountable stuff would be reduced and we can have a cleaner system which give a more efficient system. In terms of cryptocurrencies like bitcoin where I see it helping the economy out is with lower fees and less middlemen, which means cost savings in transfer which means more disposable income for the individual(s) which means either more savings or spending which results into a more stimulating economy. That's my two cents... Grin
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April 15, 2018, 11:11:05 AM
 #72

I don’t think Bitcoin can help the world economy in anyway, the only thing it can do is help the individuals that invests their time and money into it. Bitcoin can even pose as a threat to some people who are not smart enough, cause the price can be manipulated; to be sincere, it could.

We all do say that bitcoin's price rate is determined by the rate of investment, but when someone brings up that the price can be manipulated through that way we all denies it, while it’s true, just because we are afraid to accept the truth. Someone can invest a huge amount of money and make the price to go up to a very high price just in favor of them.
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April 15, 2018, 11:34:57 AM
 #73

In order for bitcoins to help the world economy, it is essential for everyone to help in the trade of goods. I think the economy is going down because people are getting greedy. There are big people who is taking control of supply that will probably put prices up. people are into buying cheap goods and yet to accomplish these, we have to sacrifice quality. Most importantly, innovation has become less and less appealing because it all became just about the money.

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April 19, 2018, 01:35:25 AM
 #74

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.
Well, the chances that bitcoin completely replaces fiat are low, however the time will come that for some people, probably people like us, bitcoin will be able to replace fiat to some point even to the point that will never have to use fiat again, and that is powerful, because bitcoin has the real potential of becoming a currency accepted all over the world.
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April 19, 2018, 01:52:11 AM
 #75

The world economy is declining because of less than optimal human resources.
Reduced natural resources also affect the decline of the world economy.
Bitcoin can help improve the world economy by expanding the economy by mining it.
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April 19, 2018, 05:56:09 AM
 #76

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 ??
If the economy begins to collapse, from an overabundance of printed dollars and a huge US debt, then no crypto currency and technology blockchain here will not help. Bitcoin and blockchain can ease the course of the economy, but only the government and the people can get it out of the abyss.
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April 19, 2018, 06:34:50 AM
 #77

I think that there is no way for bitcoin to help the world economy from sliding down because if bitcoin can help an economy to improve then a lot of countries are already adopting and accepting bitcoin because it is a short cut for them to improve their economy but until now there is no country that fully maximize bitcoin and prove that it can help a sliding economy.
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April 19, 2018, 07:41:57 AM
 #78

Interesting question, well I don't know exactly is bitcoin possible help the worlds economy. because bitcoin itself is more liks to the advantage of individual, unless maybe in any country have a large bitcoin investors and with large amounts as well could help the country at least to create work field from the result of bitcoin or they can cooperate with the government in those country to solve the economy.
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April 19, 2018, 08:16:35 AM
 #79

Interesting question, well I don't know exactly is bitcoin possible help the worlds economy. because bitcoin itself is more liks to the advantage of individual, unless maybe in any country have a large bitcoin investors and with large amounts as well could help the country at least to create work field from the result of bitcoin or they can cooperate with the government in those country to solve the economy.

Well if bitcoin can help individual financially, then he/she will have purchasing power in which he can spend it all in his native country stirring the economy. Right now there are a lot of jobs related to blockchain development opening doors as well for countries who have a good IT industry. Another good case study is remittances, most Asian countries have a lot of workers oversees, and remittances is one factor that is driving growth in those nations. And with crypto currencies more convenient and secure and fast to transfer compared to traditional wire transfer, it makes sense for them to used it because its less costly as well and the funds are easily transferred back home resulting to their love one spending it on their economy.

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maxim000
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April 19, 2018, 09:37:31 AM
 #80

Economy for your country might be falling down but my country definitely is among the fastest growing economies of the world. Unless a war starts, I don't see the world economy falling down. Bitcoin is definitely the future of this world and over the time when the adoption increases, we would be able to see how it benefits the economy. As of now, the early adopters are definitely getting richer.
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