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Author Topic: Why is the world economy is sliding down? And how bitcoin may help it?  (Read 928 times)
Pattart
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May 01, 2019, 09:15:12 AM
 #201

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 ??
How did you get to know that the world economy is falling and by the way what makes you think that it is bitcoin that can solve such a problem?I know that bitcoin can help us in some ways, but I don’t think it has anything to do with economy and I don’t think it can be a solution to whatever it is you have in mind. The only way bitcoin is of benefit is when it comes to things that has to do with transactions and that’s cause it eliminates middlemen, complicates regulations and enables more of international transactions.
Bitcoin is not the main solution to improve the world economy. bitcoin is only one of hundreds of ways that can be used to improve the economy of a country, so don't expect that bitcoin can change the condition of the world economy. it's too much, especially users who are still few
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May 01, 2019, 11:46:32 AM
 #202

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.

Very well said. It seems to me that bitcoin can help us, in many ways but in economy of every country not sure as what said above bitcoin is not legal in many countries still theres a country rejecting bitcoin and as an individual economy we should know the proper use of it so even though out world economy did not accept it yet at least it can help us in our financial necessity.

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May 08, 2019, 03:24:00 PM
 #203

Bitcoin is not a stable asset at the moment, and therefore it can not be called an attractive place to save savings during the crisis. Unless the overwhelming majority of large capitals decide on this.



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May 08, 2019, 04:04:47 PM
 #204

Bitcoin is not a stable asset at the moment, and therefore it can not be called an attractive place to save savings during the crisis. Unless the overwhelming majority of large capitals decide on this.


Bitcoin don't have stable value but it will not face inflation so incase of crisis due to inflation then we can use bitcoin as storage of value.

But still we don't face any major crisis after creation of bitcoin so we can find bitcoin will be useful or not at the time if we are into that situation.

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May 08, 2019, 09:48:23 PM
 #205

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've heard a lot about this, since they've always predicted that by 2018 and the end of 2019 there will be a massive global downfall in the economy, and of course, the only way you can protect yourself from something like this is to invest in Gold.

Gold represents security and economic confidence, giving enough stability to recover from any global market crash.

The participation of bitcoin to enter the market in the face of any catastrophe or global economic downturn, can help greatly, because bitcoin has a given value thanks to supply-demand, tel bitcoin has no intrinsic value, but if it has a value based on the number of operations and market capitalization, many operators will not only see bitcoin as a great option after gold, but as the best option with gold if the world market falls.

The fact of tner where sheltering the value of money in gold or in any currency where it does not lose its value is the ideal outlet for people who own large amounts of money, in fact the Rotschfield spent all their fortunes to gold foreseeing this world fall.
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May 09, 2019, 07:04:42 AM
 #206

Bitcoin is not a stable asset at the moment, and therefore it can not be called an attractive place to save savings during the crisis. Unless the overwhelming majority of large capitals decide on this.


really bitcoin is indeed unstable but if the country owns this asset what is not news is an uproar
if a bitcoin arrives suddenly falls free even though the bitcoin funds are used as a reserve for the macro economy of a country how dangerous the country is because it can cause unmeasured losses if that happens then the country will be in danger of happening like that and the two countries will be their business collappse

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May 09, 2019, 05:14:35 PM
 #207

Bitcoin is not a stable asset at the moment, and therefore it can not be called an attractive place to save savings during the crisis. Unless the overwhelming majority of large capitals decide on this.


But you are only thinking about how things are right now, during a crisis people traditionally choose their own currency as the main way to save their wealth but the next crisis will probably be related to the huge amounts of money governments are printing and their debts so those people are going to be destroyed, the rest will try to look for a way to protect themselves from that fate, precious metals are an obvious choice and the same can be said about any hard asset but I am sure bitcoin will become one of the favorite ways to store your wealth during the next crisis.



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