bitcoin in developing countries

[dewi91]

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?

it also happen in my country, the government of my country stated in order to people do not buy bitcoin because bitcoin has a high risk. use bitcoin as a payment is illegal and they are worry too much that bitcoin will disrupt economic stability in our country whereas before the people in my country are know bitcoin, the economy in my country is not good and it continue to deteriorate in a few year. so I think bitcoin is not give a bad impact for economy in a country.

[Magic Sarap]

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 think developing countries had care in bitcoin. Maybe some of them has. Because poor countries or developing are mostly want cash.

[TN0904950]

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 think We have limited resources only and if the supply will be exhausted, the price will go up.
Based on my definition, I can say that inflation holds in bitcoin. Bitcoin is also a currency and I think it will cause inflation but not as quickly as it does in dollars.
As far as I know, inflation occurs when people's purchasing power is greater than supply. That is, if people have high purchasing power, there is also greater demand.

[cetald]

The popularity of bitcoin in developing countries is related to people's desire to quickly become rich. They are attracted by the rapid growth of bitcoin. At the same time, most people do not have the necessary knowledge when it is better to buy a bitcoin and when to sell. Therefore, very few people will earn a substantial amount money.
Inflation does not threaten.

[alex M]

I think it is too early to think about it...There must be so much changes before we can consider crypto as a real danger for the economics now

Yes, I agree with you. Some governments in other countries are treating btc as danger to their economy but in reality it is not. Its just that they are after of what they can get from it like tax. Mostly countries have no laws that controls crypto currency. And the anonymity is is also their big problem. But in developing countries, btc is accepted and more people's lives have been changed.

[Burogh]

The popularity of bitcoin in developing countries is related to people's desire to quickly become rich. They are attracted by the rapid growth of bitcoin. At the same time, most people do not have the necessary knowledge when it is better to buy a bitcoin and when to sell. Therefore, very few people will earn a substantial amount money.
Inflation does not threaten.

Bitcoin getting more popular in developing country because many news covering about bitcoin and government can not ban it. They using bitcoin as alternative investment beside stocks or gold. Bitcoin and others cryptocurrency can be traded on many country including developing country because internet connection.

[jakagintiri]

in my opinion it will not interfere with your bitcoin inflation in the finances of the State because of the bitcoin has his own way in developing and its circulation, it can get a little help in the bitcoin economy his community if they could know and understand How to find bitcoin.

[Choyor]

Each country responds differently to Bitcoin, some countries responds positively, and some countries restrict the movement of Bitcoin and even ban it. For developing countries like where I live today, the use of Bitcoin is still not well developed, because there are still limitations on the use of the government, but I am sure if the future of Bitcoin will further show its existence.

[Swanh]

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 has evolve in the lifes of every users and adoptors,it never disrupt economic stability nor it actually makes it more stronger.People were the one that consist the economy and if they are bitcoin earners people will have financial stability.

[elkafee79]

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 in developing countries, I think it will help the financial economy of people in there. The people in developing countries must have a internet connection and gadget. They can get alot income from participate in bounty campaign and trade in crypto.

[Casdinyard]

In fact, the inflation rate all over the world is high and that's what every country's struggling because it directly affect the people and economy as well. So bitcoin won't interfere anything yet it can actually help the economy. Though government had already put their eye to this and positively accept it as a new technology that can help every people's live to elevate.

[fleecedamp]

As people are getting to know about it more people are getting involved.

[thevlox]

Bitcoin is now known throughout the world, bitcoin is now spreading the news of this bitcoin in newspapers, TV news, and other media, people want to know about it. And it's a matter of bitterness and bitcoin is now world-wide. Bitcoin Many popular in the world are very popular in the country. If seen in advanced countries, then the developed countries have not bitcoin ban.

[South Park]

Bitcoin is a good think and it can affect the economy strongly. However, I believe that the government will know what they have to deal with and they can make some regulations in order to protect their countries's economy. Therefore, it is hard for bitcoin to cause a big crash or something like that to a country

It is impossible to do something like that, it is impossible to regulate bitcoin to the point where it will not be a threat to the economy of countries, bitcoin is not like other technologies like Facebook, bitcoin is a currency and every single currency around the world is a competitor to the rest of the currencies and bitcoin is so much better that it has a big chance to become a major currency in the next years to the detriment of the rest of the currencies.

[Saldom12]

yes of course bitcoin is currently in a developing country, but I am sure bitcoin will continue to grow until the whole in the world will accept it. For me bitcoin is a profitable gold. Although there are some governments or countries that do not accept it, but surely often bitcoin time will be accepted in every country. 

[insikko0413]

yes of course bitcoin is currently in a developing country, but I am sure bitcoin will continue to grow until the whole in the world will accept it. For me bitcoin is a profitable gold. Although there are some governments or countries that do not accept it, but surely often bitcoin time will be accepted in every country. 

Yes I agree, mostly countries accept bitcoin are rich countries because they are the countries where bitcoin first introduce.

[viyumztf]

Bitcoin has received great attention in the developing countries in recent years, mainly because social media has put the world on an instant platform, and we all know that developing countries are greatly influenced by policies, and it is great to deal with this potential.

[3la9l_kolbaCa]

yes of course bitcoin is currently in a developing country, but I am sure bitcoin will continue to grow until the whole in the world will accept it. For me bitcoin is a profitable gold. Although there are some governments or countries that do not accept it, but surely often bitcoin time will be accepted in every country.  

Correct, as we can see bitcoin keeps growing and their are many advantages that brings to our country. Bitcoin will keep progress by it's own capabilities and procedure. We can see that the whole world is in the peocess, gradually uses bitcoin in transaction and other way. We admit that we are in the new system that is the reason why people are techy too.

[Bitexpert2017]

Bitcoin will not cause inflation. Bitcoin have been in existence for some years now but there is no country that is experiencing inflation due to bitcoin activities.

[ClaraLuV]

Bitcoin helps in improving the live style of the people by providing a source of income, bitcoins and block chain technology has helped the developing countries to improve the living standard  and economic conditions of the developing countries by eliminating the main problems such as unemployment issues and poverty as bitcoins provide a source of income. There are freelance jobs which provides bitcoins in exchange of doing programming languages, bitcoins has helped many to survive in the tough market conditions when the pass out graduates from colleges are more every year causing for increase in unemployment problems, bitcoins has reduced the unemployment problem.