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Author Topic: Why is the world economy is sliding down? And how bitcoin may help it?  (Read 961 times)
astik1
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January 30, 2019, 01:28:00 PM
 #161

if the millionaires made from bitcoin invest in factories that provide job to people rather than buying lambo than somehow economy will find a new blood as money in circulation and will adopt a trend to rise.
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February 13, 2019, 08:06:57 AM
 #162

I think bitcoin hasn't been able to help the economy grow. even today bitcoin does not have value for the economy, so where can bitcoin help? except if bitcoin can function for an item price, then bitcoin will be able to help because bitcoin will never be affected by dollar inflation.
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February 13, 2019, 10:23:53 AM
 #163

I don't actually see bitcoin as an additional threat to the world's economy. I am certain that all the leaders around the world are watching bitcoin movements, most especially big countries like the US and because of this any effect if there is are always manage right then and there easily. Bitcoin usage on the other hand is not so high as of now which makes it under the influence of the movements  of the real physical economy. Not unless if in everyday or on everything we do we use bitcoin as a payment system or as a currency. So that, bitcoin as of this time is more often used for its utility and not yet widely used as the main currency similar to fiat. In my locality I have not seen so many stores yet that offers bitcoin payments. Only exchanges and some selected stores are really using bitcoin.

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February 13, 2019, 10:48:37 AM
 #164

I think bitcoin hasn't been able to help the economy grow. even today bitcoin does not have value for the economy, so where can bitcoin help? except if bitcoin can function for an item price, then bitcoin will be able to help because bitcoin will never be affected by dollar inflation.
not everything can make the economy grow with only bitcoin trading, only people who have money and understand how to trade bitcoin that can make their economy grow, if you don't have capital and don't have money then you can't grow your economy in bitcoin .
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February 13, 2019, 03:29:37 PM
 #165

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 ??
there is no connection between the world economy and the Bitcoin each and every currency has its own path so definitely Bitcoin will not help to improve the position of world economy or anything if the government accept it then some changes will happen otherwise till now Bitcoin is not the reason for developing the world economy.

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February 13, 2019, 11:18:18 PM
 #166

maybe blockchain can change their system, but bitcoin still can't be applied in real terms. in investment law how investors focus on increasing profits, and if funds from large crypto investors go into public business, many things will be balanced. the fundamentals between the two will still be measured through various conditions.

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February 13, 2019, 11:36:17 PM
 #167

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 ??
it is clear that if all countries want to use bitcoin for each trade between countries, they will avoid differences in currencies which are always an obstacle in trading. differences in the value of currencies between countries can cause prices in each country to be very different, if using bitcoin as a means of payment, the price difference that is usually caused by differences in currency values ​​can be avoided, this can cause smooth trade between countries. Bitcoin can also prevent the balance of inflation from occurring every year, as well as avoiding the pressure of large currencies against a weak economy.
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February 14, 2019, 12:46:45 AM
 #168

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 think bitcoin is only a small part of the economic downturn. As you have seen, the stock market suffered a pre-war disadvantage between the US and China, after more than 3 weeks, the price of Bitcoin was lowered by more than 50%.
But I think the whales have expected the bitcoin plan and price to be reasonable now.
Our crypto market is still quite small to be able to affect a large world economy.

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February 14, 2019, 05:05:19 AM
 #169

Some economists predicts that the global economy will slow down this year due to the recent trade wars of China and US but it is also expected to recover in the following once the conflict is settled. Another factor that might affect the global economy is the possible slow growth of China's economy this year. Bitcoin can't affect nor help the world economy because it s not yet widely used like the US dollar. If bitcoin become a currency of a global scale then it will going to hurt the whole economy once it suffer a crash again.
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February 14, 2019, 05:58:54 AM
 #170

if the millionaires made from bitcoin invest in factories that provide job to people rather than buying lambo than somehow economy will find a new blood as money in circulation and will adopt a trend to rise.
Thats satire, I think that's a good idea, because the main problem with poverty is the lack of jobs, rich people are busy enriching themselves without making new jobs for many unemployed, but fortunately bitcoin is a little helpful because it gives jobs to many people
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February 14, 2019, 11:00:05 AM
 #171

Some economists predicts that the global economy will slow down this year due to the recent trade wars of China and US but it is also expected to recover in the following once the conflict is settled. Another factor that might affect the global economy is the possible slow growth of China's economy this year. Bitcoin can't affect nor help the world economy because it s not yet widely used like the US dollar. If bitcoin become a currency of a global scale then it will going to hurt the whole economy once it suffer a crash again.
- Well, I also heard about the same thing because the trade conflicts are too much and that makes the world trade narrow, affecting the overall economy, although this may recover when this battle is over but the sad fact is that this trade war is showing many signs that will last, combined with political instability is beginning to rise, it has made the economy sliding down. Bitcoin really has no usefulness in this regard, it is still not legalized and even when legalized, its capacity is not enough to solve the global problem, even as you say, it can create more problems

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February 14, 2019, 11:12:16 AM
 #172

Capitalism is the economic system that is killing the economic thereby affecting the world economy at large. Bitcoin is the solution as power is given back to the user. No government, organization or group of people control it. Bitcoin and cryptocurrencies need to be accepted and adopted to make the world economy better but the government is scared that power will be taken away from them
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February 14, 2019, 12:17:40 PM
 #173

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 ??

That may be the case, but it's not always true and accurate. It may be going down at some time, but it can also fast track and boost up at any given moment. That depends on many controlling factors, especially in the business, investment and trade sector, in general, between countries, especially those ones with aggressive economies like the US and China. If trade between these countries would not be active or if there are factors affecting the movement of trade like wars, it can surely effect how the world economy is doing. It can also be affected by power struggles between countries or government policies like embargoes. As for cryptocurrencies and Bitcoin, it can help by increasing the rate of how people transact a currency as it co-mingles with the traditional currency. The movement of assets it presents can be a booster to certain economies that allow it.
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February 14, 2019, 09:40:07 PM
 #174

Capitalism is the economic system that is killing the economic thereby affecting the world economy at large. Bitcoin is the solution as power is given back to the user. No government, organization or group of people control it. Bitcoin and cryptocurrencies need to be accepted and adopted to make the world economy better but the government is scared that power will be taken away from them
Capitalism makes many countries very dependent on taxes and binding obligations, although many have adverse effects, but the wheels of the world economy run smoothly to this day. I think the same thing would be massive applied to cryptocurrencies, bitcoin will be weakened by many altcoins which will eventually run the same as Usdt in general
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February 15, 2019, 02:19:48 AM
 #175

I think bitcoin hasn't been able to help the economy grow. even today bitcoin does not have value for the economy, so where can bitcoin help? except if bitcoin can function for an item price, then bitcoin will be able to help because bitcoin will never be affected by dollar inflation.
According to economists, bitcoin is more resistant to inflation than fiat currencies. Maybe for developing countries using bitcoin in their financial systems can ease the burden of the budget which often lacks because their currencies experience inflation. As a result, they print money again and increase the inflation value.

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February 17, 2019, 04:26:47 PM
 #176

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 ??
there is no connection between the world economy and the Bitcoin each and every currency has its own path so definitely Bitcoin will not help to improve the position of world economy or anything if the government accept it then some changes will happen otherwise till now Bitcoin is not the reason for developing the world economy.
there are some people who conclude the main purpose of Satoshi Nakamoto creating Bitcoin is to help overcome the problems of the world economy, because before Bitcoin was launched, the global economy experienced a very severe crisis, precisely the global crisis that occurred in 2007 before Bitcoin was launched. but because the legalization of bitcoin is very limited in every country, then bitcoin is not fully accepted by all countries. so that many bitcoin users concluded that bitcoin was able to help overcome the economy of the people, but not yet felt by everyone because there are still many who do not know modern technology in the form of this digital currency (Bitcoin)

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March 12, 2019, 12:29:17 AM
 #177

maybe more keeping up to the exchange rate that is not too low against the USD and preventing the occurrence of hyper inflation, because bitcoin is not bound so that bitcoin can do that.
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March 12, 2019, 01:17:52 AM
 #178

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 will not help the world economy to develop till the government legalizing it because there is no connection between the Bitcoin and the world economy so it could not help anything in any way to develop the word economic development.
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March 12, 2019, 03:26:50 AM
 #179

I think bitcoin hasn't been able to help the economy grow. even today bitcoin does not have value for the economy, so where can bitcoin help? except if bitcoin can function for an item price, then bitcoin will be able to help because bitcoin will never be affected by dollar inflation.
not everything can make the economy grow with only bitcoin trading, only people who have money and understand how to trade bitcoin that can make their economy grow, if you don't have capital and don't have money then you can't grow your economy in bitcoin .
of course that can change the economic situation of individuals is their own, to change the econiomy of a country must be done by
many people in massively and in fact today not many people use crypto or bitcoin to improve their economy ?
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March 16, 2019, 08:23:14 PM
 #180

I don't know exactly the technicality of bitcoin helping the economy globally, but I have felt for myself how economic changes when I use bitcoin, are far more efficient in terms of making a transaction. Maybe some people or parties propose that bitcoin will be a threat to the global economy, I say that is true if various parties related to the world finances cannot cooperate with the development of bitcoin.
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