Why is the world economy is sliding down? And how bitcoin may help it?

[btc-facebook]

It's completely different things because bitcoin just like gold as an asset.

Maybe blood diamond can help Africa but bitcoin is something else, something that must be investigate even further because for some government ,bitcoin is criminal money !

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[mahilchii]

World's economy is based on $ and each $ is based on the crude oil price. i think Bitcoin will change these things once it gets accepted by every nation. The economy of the country and the world will definitely increase by Bitcoin and other crypto's since they have their own value and not determined by any social means or by any particular person or institution.

[BartS]

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 is going to do both, bitcoin is going to help and at the same time it is going to be bad for the economy, bitcoin is going to help people like us which hold bitcoin and use it as a way to protect themselves, but it is also going to be damaging for the economy since people will begin to realize that bitcoin is not crashing like their fiat and they will want to get bitcoin, this in return will make the price of bitcoin very high and some people will exchange everything they have for a minuscule amount of bitcoin.

[ordeath]

I don't know about that many information, but my opinion is that Bitcoin have nothing to economy of many countries, they are opposite to each other. the money is going different ways

[ov3rflow9x]

For these days world economic in crysis situations, currently its because various of reasons as example its high infaltion, civil war and others problems..

[BulbaLord]

Bitcoin can help individual people , others dont know how to used it and dont know any idea of it , i dont think this can help to rise again the economy of the country .

[Dodoymabs]

I am not an economist so I can't specifically explain what is the real reason behind its fall. But commonly causes its down could be the adjustment of stock market which we can see some buy and sell of livestock which I think contribute this kind event. And I think Bitcoin involves about the world economy because we know it is not yet fully accepted and some economist definitely ignore about the contribution of cryptos.

[tarable]

For these days world economic in crysis situations, currently its because various of reasons as example its high infaltion, civil war and others problems..

indeed such a thing is very difficult for us to the current conditions, because the current conditions are very different from the previous conditions that make feel better than before. but since there btc conditions for the better.

[ov3rflow9x]

Why do you think that world economy going down? It's a little bit remind me 2008 year, when it was really freefalling of economy.. Shock waves from Lehman brothers maybe was as main factors.

[jeluhtajem]

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.and will change lives for the better.

[tepakpak]

Could be helpful but for individual only, if bitcoin is only for individuals, right? Maybe you mean the technology is not the bitcoin. If for technology I agree because it is not taxed, unlike the bank.

[sergiom]

I dont know about overall world economy, but in my opinion, bitcoin can be helpful to every single person in their life, as in mine, when I earned enough to go study.

[traderethereum]

Could be helpful but for individual only, if bitcoin is only for individuals, right? Maybe you mean the technology is not the bitcoin. If for technology I agree because it is not taxed, unlike the bank.

I think the government still difficult to apply bitcoin for the economy of the country because I think they still learning about bitcoin and blockchain technology and it's not as simple to apply with their system. but for individuals, I am sure that bitcoin really help them because they can make money from bitcoin. besides that, so far people can earn money from doing many ways and they can make bitcoin as their source of income.

[Apes]

Bitcoin can not help the world economy but can only help indivindu only and only those who use it .. bitcoin can help everyone without knowing what is most important to have high spirits and willing to work hard .. if it mitigates the country's economy, because the community will aided by bitcoin by the way the state is willing to accept bitcoin ..

[112tigra112]

As far as I know, only few coutries accepted bitcoin so far, maybe they just have wise enough people to handle and regulate bitcoin in their country...

[MMysterious]

The good thing about bitcoin is it knows no boundaries. This is more applicable on a globalized kind of market which is not yet happening now especially that those rich countries won't easily compromise their lead.

[ov3rflow9x]

I think, for now, if in country at least 20% of people would start to earn from bitcoin and stop paying taxes, it will only harm the economic system, and not be helpful.

[jovs]

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 ??

Every time we look at the current economic situation worldwide, we see a period of depression and unequal distribution of wealth and resources. But, it happen time and time again, solutions and corrections had been always made. Experts had been sitting on new arising problem. But, it is always the marginalized group of people supper the most. Bitcoin and the technology behind it, may change this cycle. Bitcoin is allowing the less fortunate to become successful in the future. It offers it s potential to almost everybody, including the poor.

[paynercash]

The good thing about bitcoin is it knows no boundaries. This is more applicable on a globalized kind of market which is not yet happening now especially that those rich countries won't easily compromise their lead.

It will contribute to promoting and rapidly building the economic structure of the entire financial system. Most economic sectors are interconnected to form a sustainable economic structure. Bitcoin also appears to make a quick change in terms of its digital technology. In the future it will do more than that.

[dobladonadouble]

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.

I agree. If one single or individual economy adopts bitcoin the tradings of money, specifically dollars will help for the improvement of it. It might not be a big step but it's a stepping stone for improvement.