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mobilestrike
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May 09, 2018, 10:13:33 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.
There is also a problem of unemployment in those developing countries and they do not know that how to solve that problem but with the invention of bitcoin that problem is solved as the educated people now like to spend more time online to make their living from the crypto currencies in which bitcoin is giving much profit to them. |
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The trust scores you see are subjective; they will change depending on who you have in your trust list. |
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genocide
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May 09, 2018, 10:40:25 PM |
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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, it can. Bitcoin is proven to be a good source of economic condition in a country accepting or using bitcoin. It helped a lot by giving jobs online and improved the quality of life of some people, using this kind of blockchain technology, living in the said country. |
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Harrow30
Jr. Member
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Activity: 266
Merit: 1
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
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May 09, 2018, 11:09:53 PM |
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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?
Classifying my country as a developing country and with its present predicament; recession, I will say that Bitcoin will do us good rather than causing any inflation. With its full fledge operation, it can help restore our economy. |
[ TRY ALPHA MVP ] WELCOME TO DATABLOCKCHAIN [ TRY ALPHA MVP ]
Mainsale now LIVE! // Raised $16 Million in PRE-SALE |
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fullhdpixel
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May 10, 2018, 09:47:17 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.
Yeah it is. Who said it is cause of inflation? No brother this isn’t. You are right that by bitcoins, countries are getting a good development in economic growth. Although it is not much bigger but still they are just getting everything easy. People are earning from them and that is why they become suitable source of income for them. That ultimately input good remarks in country’s economic status. |
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btccrusher
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May 10, 2018, 09:57:44 AM |
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Bitcoin has a good response in most developing countries. Due to low electricity cost, miners in those countries can possibly make more profits. If Bitcoin gets legalized in these countries, they will improve more in the industry.
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kashkarev55@mail.r
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Activity: 196
Merit: 0
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May 10, 2018, 10:30:24 AM |
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in any case, the cryptocurrency fever is only gaining momentum and the ice has already started when some developing countries have begun legislative regulation of the crypto currency. Now it's small, the media will spread the news to the masses as a new technology, and then the mass in the herd instinct will spread it at breakneck speed until the market stabilizes, but it takes time. 5-10 years.
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Chacha1000
Jr. Member
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Activity: 645
Merit: 1
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May 10, 2018, 10:34:57 AM |
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Bitcoin will soon be in every country
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ufalo3
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May 10, 2018, 10:46:22 AM |
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In central Africa country like Kenya, Zimbabwe etc
With the help of Bitcoin they can buy anything from Internet.
Ah man, in those countries they don't even have water and electricity, and a huge percent of families live for 1 (one!!) dollar per day (not to say about the limited access to Internet). I don't think these poor people dream about bying something on the Web. In order to have financially reliable population these governments should firstly improve living standards, wipe out poverty - and then enjoy all the benefits of Bitcoin. Naturally! They care where to get some water and clean clothes, food, and electricity. They have not heard about the Internet (many of these people). Thus, I think that BTC in developing counties will be not yet used. |
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bachus
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Activity: 226
Merit: 10
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May 10, 2018, 10:57:02 AM |
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I think no, if country will hurry up and make a fast and proper decisions about bitcoin regulations, then the economy would not be harmed.
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Umuoji
Jr. Member
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Activity: 188
Merit: 1
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May 10, 2018, 11:09:29 AM |
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Is moving quite fast
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irpunfpp
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Activity: 79
Merit: 0
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May 10, 2018, 11:14:01 AM |
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It is because the developing countries are worried about the deflation of bitcoin, so most countries have not been open to the special currency for the time being, knowing that moderate inflation in the economy is beneficial to the economy and the state acquiescence.
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Man From The Future
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May 10, 2018, 04:49:32 PM |
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If the government understands the advantages and benefits derived from bitcoin, it is likely that the government will legalize and use it in a positive way. With bitcoin the government can reduce the financial crisis and improve the economy of the country. So the government can develop various aspects that the country needs.
I think inflation and economic stability are not caused by bitcoin, many factors influence it. May governments in different countries be wiser in assessing bitcoin.
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Averim
Member
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Activity: 515
Merit: 12
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May 10, 2018, 05:50:12 PM |
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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?
i don''t believe that such kind of things can happen because of a cryptocoin, i think that this such kind of power has the countries like Russia or Slovenia where there are active many crypto projects and true those projects they create jobs and generates economic values. |
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lifetimebitcoins
Newbie
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Activity: 210
Merit: 0
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May 10, 2018, 06:02:17 PM |
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Bitcoin in developing country is getting stronger and more adoption is happening in the form of merchant and new ico coins are been accepting and growth of blockchain is huge
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coolstory
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May 10, 2018, 06:39:44 PM |
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In central Africa country like Kenya, Zimbabwe etc
With the help of Bitcoin they can buy anything from Internet.
Ah man, in those countries they don't even have water and electricity, and a huge percent of families live for 1 (one!!) dollar per day (not to say about the limited access to Internet). I don't think these poor people dream about bying something on the Web. In order to have financially reliable population these governments should firstly improve living standards, wipe out poverty - and then enjoy all the benefits of Bitcoin. Naturally! They care where to get some water and clean clothes, food, and electricity. They have not heard about the Internet (many of these people). Thus, I think that BTC in developing counties will be not yet used. In developing countries, governments are trying to take down exchanges and they announce new regulations to take cryptos under pressure. This is very bad for the crypto lovers who are living in those developing countries. |
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Pumapipa
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May 10, 2018, 08:09:42 PM |
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In my opinion, if government is for the people, then might as well give it to the people. What is the use of hindering citizens from getting above the poverty line. If bitcoin will give them their much awaited financial stability, then they won't have anything against it. The thing is, to just regulate this kinds of currency do as to protect the people.
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BUK2016
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May 10, 2018, 08:54:30 PM |
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I don't think Bitcoin will disrupt the economy of the developing countries of the world and it will inflation to the economy of a country in any way but is for the betterment of the economy and the country citizenry.
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ArnoldChippy
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May 10, 2018, 09:26:04 PM |
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In my opinion, if government is for the people, then might as well give it to the people. What is the use of hindering citizens from getting above the poverty line. If bitcoin will give them their much awaited financial stability, then they won't have anything against it. The thing is, to just regulate this kinds of currency do as to protect the people.
Some governments still thinking about bitcoin that they are creating problems to their economy, but i think that bitcoin is in fact helping them in making their economy more better. I think that they should make bitcoin as legal currency because bitcoin is really helping their people leading a better live. |
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ecnesa101
Newbie
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Activity: 84
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May 10, 2018, 09:55:04 PM |
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In my opinion crypto currencies will not affect our economics but nowadays bitcoin helpful /develop those countries who need an extra income. Bitcoin is one of the greatest invention now days....
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Bonsaiav
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May 10, 2018, 10:45:03 PM |
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Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?
No, that's not true!. Because bitcoin can be used as a dynamic economic power in the wider community. Supposedly, the state can implement it into their banking, because the banks that carry out the transaction, will still benefit from any transaction costs incurred. |
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