patarfweefwee
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May 08, 2018, 03:53:52 AM |
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Actually crypto currencies help out the economy by empowering consumers to buy more by providing them another source of income outside their jobs. More cash flowing in and out is actually good for tue economy. Developing countries are very much into this simply because it is a source of income that youu can do at home.
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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Chusnul
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May 08, 2018, 04:57:50 AM |
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Bitcoin has a much larger presence in developed countries and advanced technologies is not common in developing countries. Developing countries can grow from Bitcoin if bitcoin is transferred to those countries' companies and individuals. But most people now are simply holding their bitcoin and waiting for it to raise in value, not spending them. Bitcoin has the potential to help developing countries, but right now, it isn't. In fact, Bitcoin may even be harming developing countries. Since crypto is untraceable, terrorists, extremists and drug dealers can buy and sell without detection, causing harm to the countries.
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BigBos
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May 08, 2018, 05:09:37 AM |
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I am so sure, when bitcoin is used for the development of a country, it will have a positive impact. it's just that some countries think that bitcoin can make their economies unstable, because bitcoin can be used as money laundering, or other illegal things.
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TonyFat
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May 08, 2018, 05:26:36 AM |
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if the country really wants to develop and wants a good economy, then it will not reject bitcoin and will think about how best to use it
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webdevmastery
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May 08, 2018, 05:35:44 AM |
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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?
Yes bitcoin is developing countries, i do believe that cryptocurrency can improve the countries economy because they can use the fund that they earn from selling any coins in the market because the prices of cryptocurrency today is continuously increasing due to massive demands. |
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yvesp110
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May 08, 2018, 07:59:00 PM |
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President of Venezuela Nicholas Maduro ingeniously acted! Many presidents of countries, especially African ones, should pay attention to the crypto currency, this would solve many problems in their country! But most of the presidents do not think about the common people.
They only come in the government to fill their pockets. They don’t have any concern with the problems of people once elections are done. They can’t just react to the goodness of bitcoins. Rather they conspired it as a danger for them. They think if bitcoins would be there as currency, they might be caught for corruption case. So they better avoid it and sometimes banned it. |
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kenelmark
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May 08, 2018, 09:02:07 PM |
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fortunately, I know bitcoin through negative news about bitcoin. most of those news are about scam projects that used the name of bitcoin. I can admit that many people in developing countries are victims of scam projects, I have seen many of them. I can't say that I regret that I'm late knowing bitcoin, because I have no chance to know bitcoin properly.
this is the fact of bitcoin in developing countries.
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yoseph
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May 08, 2018, 09:42:15 PM |
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Bitcoin is a big deal when it comes to developing countries because it’s one of the ways that the people are able to get out of poverty because we are currently knee deep in it right now. People have been able to establish business by just investing into bitcoins alone.
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bestluck
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May 08, 2018, 11:53:48 PM |
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For developing countries bitcoin is a very good asset to make them a good profit, but there are some hurdles for them like they do not have some specilized resources to use their bitcoin and sometimes the ban make it a headache for them. But in many countries they continue to work and they will make their future.
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ulages
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May 09, 2018, 12:41:01 AM |
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It has a good response in a lot of countries and people are aware of it
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victoryana
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May 09, 2018, 12:44:20 AM |
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In developed countries these types of digital currency are very popular, and the more developed countries they are going to find more bitcoin, they will look to bitcoin to raise capital, and also will have more early investors invest in bitcoin instead of bank loans
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jaocoincrypto18
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May 09, 2018, 12:56:31 AM
Last edit: May 09, 2018, 02:38:26 AM by jaocoincrypto18 |
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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?
For me 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. Inflation is always there and its normal as long as economy is stable because if the supply and demand is high then the inflation will ride on to the increasing commodities too. |
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Odebode5
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May 09, 2018, 01:00:17 AM |
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Bitcoin is now getting popular in the developing countries because most people are now seeing it as one of the way of becoming financially independent once they invest in it.
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dongyi17
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FRX: Ferocious Alpha
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May 09, 2018, 02:41:45 AM |
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It can mean a threat for them and some believe that it is really disrupting the economic stability of a country because it is decentralized government has no control over it, but I can it can also be a tool for progress in a sense that people are beginning to use the system and gave them the idea to make a profit out of it.
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Rizky Aditya
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May 09, 2018, 07:23:47 AM |
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I am so sure, when bitcoin is used for the development of a country, it will have a positive impact. it's just that some countries think that bitcoin can make their economies unstable, because bitcoin can be used as money laundering, or other illegal things.
To be very honest, it is just a way of not legalizing bitcoin in a specific state because the governments are actually afraid of this coin as it threats their control over public’s money. Besides, they can’t keep a track of transactions and total capital that someone owns this way. All those countries like Japan that have allowed their citizens to earn through bitcoin, have improved economy and hold a bright future. |
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ClackKendi
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May 09, 2018, 08:26:00 AM |
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Bitcoins in developed countries are as vibrant as their own development, where there will be many investors as well as ico's fundraising programs, and their government I believe will one day support the market. This digital currency field
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Aleth
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May 09, 2018, 08:42:07 AM |
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Bitcoin in developing country is more productive because they are advance in economy accepting bitcoin in their country. They are more advance in the dorm of technology plus even in currency. We will see them more developed one day from among others.
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Ch01ce0N3
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May 09, 2018, 10:30:43 AM |
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In my opinion the existence of bitcoin will not make the inflation of a country. In fact the existence of bitcoin will increase the economic growth in a country. That will make a lot of people to invest. And it has been proven.
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South Park
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May 09, 2018, 08:44:03 PM |
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It would become more productive if developing countries use bitcoin. New trends for new era in a country, Wow, that would be great for all countries who will do these.
While developing countries would definitely benefit if they used bitcoin, it is very easy to see that is going to take a lot of time for that to happen, if you take a look at any other technology you will see that the rich countries are the ones that adopt new technologies first, because they have more money and the people in those countries are able to see the new trend before those that live in developing countries. |
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Rrtt
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May 09, 2018, 09:45:06 PM |
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In my opinion the existence of bitcoin will not make the inflation of a country. In fact the existence of bitcoin will increase the economic growth in a country. That will make a lot of people to invest. And it has been proven.
I believe you. Chances are bitcoin can help developing countries. It provides jobs and reduce unemployment and opportunity to be part of the investors and traders to enable each people to have a high profit. |
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