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Author Topic: bitcoin in developing countries  (Read 2966 times)
GraceEmily
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August 14, 2018, 09:07:24 AM
 #1021

In some developed countries, Bitcoin as a stepping stone, the cornerstone of the cryptocurrency era. In some developing countries, that is more limited because some governments have banned Bitcoin. Everything is new and it takes time for Bitcoin to be in the market for developing countries.
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August 17, 2018, 09:41:02 AM
 #1022

Bitcoin has a good response in many country. Bitcoin will help those country to overcome their financial crisis and also help to built a strong economic in those countries. In central Africa country like Kenya, Zimbabwe etc taking the benefits from bitcoin through Bitpesa Wink. This app help them in their transaction and in many other thing also. Bitcoin mainly reduce the unemployment issue in those country by providing job in their country people.Bitcoin also provide its mining  help in those country to create their own Bitcoin. With the help of Bitcoin they can buy anything from Internet. Even those thing which are not sold in their country  Smiley

Wow! Well, what can we say? Bitcoin really have a great impact to our beloved countries. It helps improve our countries little by little until a big changes will come. I hope this will be a great mark for bitcoin.

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August 17, 2018, 11:48:13 AM
 #1023

at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?
Developing countries where all the times in the history more open to some new things that were developed and invented, so we can certainly say that they will be more fast to embrace the blockchain technology as well.

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August 17, 2018, 11:55:05 AM
 #1024

at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?
Developing countries where all the times in the history more open to some new things that were developed and invented, so we can certainly say that they will be more fast to embrace the blockchain technology as well.

yes but maybe they are also some developed countries that can easily banned or regulates the use of bitcoin. For now let's see how this countries will accept bitcoin.

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August 17, 2018, 12:42:42 PM
 #1025

At present, some developing countries can make BTC and payment of goods and services, which would be good for the economy. In short, the entire world market will accept BTC
toolucky98
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August 17, 2018, 02:13:01 PM
 #1026

at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?
Inflation is not caused by Bitcoin but instead is mostly the result of governments around the world printing money to service their debts.

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August 17, 2018, 04:39:42 PM
 #1027

At present, some developing countries can make BTC and payment of goods and services, which would be good for the economy. In short, the entire world market will accept BTC
Developing countries can take advantage on Bitcoin, but it will not be easy since Bitcoin's volatility is high, it can either raise the country's economic status or mess its economic status. I guess that's why some country don't fully accept Bitcoin, some of them even ban it, because they believe that it will ruin their economic status.

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August 17, 2018, 04:42:26 PM
 #1028

Most governments have never been in help of bitcoin not in light of the fact that is aggravating any economy or close, they basically needn't bother with a considerable number individuals to increment budgetary adaptability like a large number individuals do. This declaration is just a single of their various FUD verbalization that makes apprentices who know nothing about bitcoin aside from think everything the governing body says. Most events , one essentially needs to make sense of how to disregard whatever negative clarification the organization says with respect to bitcoin.
Blackamoh
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August 17, 2018, 05:41:47 PM
 #1029

Governments are worried that bitcoin will disrupt economic stability, there would be price manipulations which is true, and there would be a lot of scams which is also true. That'a why developing countries are conservative when it come to crypto.



I think there will be a transition between institutions as well. And I think bitcoin will not disrupt the economy because the transition from paper money to crypto will not be so fast and also while this transition will occur
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August 17, 2018, 06:49:37 PM
 #1030

At present, some developing countries can make BTC and payment of goods and services, which would be good for the economy. In short, the entire world market will accept BTC
Developing countries can take advantage on Bitcoin, but it will not be easy since Bitcoin's volatility is high, it can either raise the country's economic status or mess its economic status. I guess that's why some country don't fully accept Bitcoin, some of them even ban it, because they believe that it will ruin their economic status.

In my own opinion, bitcoins volatility is necessary in order to earn more profit because the price needs to change in order for people to be able to multiply their coins.

Michaelpascual
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August 18, 2018, 12:22:21 PM
 #1031

Bitcoin can really help to develop countries bitcoin can help them to overcome financial crisis poverty and bitcoin can help to develop the building enfrastructure. Bitclin can do a lot to develop countries
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August 18, 2018, 12:32:25 PM
 #1032

in my mind,no doubt Bitcoin will help the economy of every country specially the developing countries. Like if Bitcoin will reduce the unemployment rate then for sure the purchasing power of the masses will increase making the economy to become strong and stable. I think Bitcoin rather improves the economy of a country if only the governments and the people really understand the idea behind it.
Alifal
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August 19, 2018, 02:44:04 AM
 #1033

Bitcoin has a good response in many country. Bitcoin will help those country to overcome their financial crisis and also help to built a strong economic in those countries.
nayeel
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August 19, 2018, 02:49:31 AM
 #1034

at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead? Bitcoin has a good response in many country. Bitcoin will help those country to overcome their financial crisis and also help to built a strong economic in those countries.
Chooroz
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August 19, 2018, 01:33:51 PM
 #1035

at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?
Bitcoin is really getting popular and trending now that's why in the future we can also used bitcoin as currency and i believe that bitcoin is really helpful for all of those people who wants to have a good profit and bitcoin can really develop countries if a lot of people will invest on it.

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August 19, 2018, 01:53:38 PM
 #1036

 I m from Bangladesh. Bangladesh is developing country. In my country bitcoin first come in light through the reserve bank money theft. Then it comes in light strongly through Panama paper scandal. Where some of our people's name was here. After that I start researching on btc. And I come to know that btc is the strongest online currency. But in our country btc is not allowed neither transaction nor saving. It is illegal.

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August 19, 2018, 02:11:15 PM
 #1037

They are not as popular as developed countries, I think in the future most countries will accept cryptanalysis
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