bitcoin in developing countries

[tinystone26]

In developing country just like here. Some companies are making their own crypto and investing to some crypto. Just like how they now it in the news and in the internet. That's why I don't see that it will disrupt the economic stability and inflation of the bitcoin price in the country that who uses it.

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[suraza21]

I think bitcoin will not distrupt economies because that transition from fiat money to crypto will not be so fast and also while this transition will be happening, there will be transition among institutions as well.

Developed countries in bitcoin are as vibrant as the development of that country and these digital coins are more widely known and more involved as they learn to approach and invest in them. modern

[ripti]

Bitcoin can improve the country's economy. There are current coins in every country but Bitcoin is not a currency of any country. So even after the improvement of the domestic economy of bitcoin, since its value is not stable, so many governments have opposed Bitcoin.

[ChConcept]

I do not think that Bitcoin would disrupt the economy, on the other hand it actually provides people more ways to earn and gain money. Also I don't think that Bitcoin will cause inflation on any country because it is a deflationary currency, meaning it is contraction in the supply of circulated currency within an economy, so therefore it is indeed the opposite of inflation.

[BulbaLord]

I think Bitcoin will help those country to overcome their financial crisis and also help to built a strong economic in those countries. And that is a good thing.

[Ejanend]

I don't think economy is really the first concern of the government, I believe government is worried about losing control of  currency and only Bitcoin poses a major threat to that. I foresee countries developing their own digital currency in the future.

And I second your thought of countries’ developing their crypto currencies in order to control it, regulate and above all divert mind of people from decentralized currencies which are providing no benefit to corrupt governments. The issue is crystal clear to those who can do critical thinking and understand the real motives of the governments who are against bitcoin and other currencies.

[PETMALU11]

Bitcoin has a good impact to our country, Because they help to earn even if we are atleast in home. Bitcoin help us to have a good life and also help interms of billing. Bitcoin save a lot of people for this kind of opportunity.

[mixany]

my opinion is that the state should introduce blockage into the economy of our country, if we do not do it now, other countries will overtake us !!

[cmacwiz]

I think criptocurrency will not affect a country's economy thus will help improve the economy of communities in search of revenue, such as in my country criptocurrency very influential to economics not here however it is some banks that have yet to understand a little bit of fear that criptocurrency will have an effect on their system.

Yes of course Bitcoin not affect not influence  an country economy in a negative way. Bitcoin help many developing country  to  grow their economy standards. In those developing countries Bitcoin help yo reduce the unemployment issue by providing  their people to job. And their is no need of experience or age certificate in order to start Bitcoin job. Bitcoin mainly help central Africa country by its innovative money transaction facility with low transaction cost and fast processing service. By the help of Bitcoin people of developing country can buy any product over Internet from different countries.  so these are some ways show how Bitcoin is help developing countries.

[futile-resistance]

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.

The awareness rate of the bitcoin is increasing all over the world and that there are so many people living in the different places in the world who are busy in investing their money into it as they know that this is something which will help them in having a better future.

In developing countries, most of the people are taking it as a very good opportunity of making money as they are participating in signature or bounty campaigns due to lack of resources.

[anntlevel]

Bitcoin has a good impact to our country, Because they help to earn even if we are atleast in home. Bitcoin help us to have a good life and also help interms of billing. Bitcoin save a lot of people for this kind of opportunity.

Anyone who will indulge into this market, especially bitcoin, is destined to become a millionaire if he handles his holdings the way they are supposed to be. If government of your country has allowed you people to earn money with the help of digital currencies, count yourself as the lucky one. Though BTC provides anonymity but it is just in transactions. Bitcoin has never disappointed his investors.

[darefreads]

I agree of the popularity of bitcoin is now very huge because of some country now are interested in his works like here in my country many credit cards company that I see are now allowing bitcoin as a payment for their bills and I think it will gonna grow again this end of the year.

[slapper]

Bitcoin has a good impact to our country, Because they help to earn even if we are atleast in home. Bitcoin help us to have a good life and also help interms of billing. Bitcoin save a lot of people for this kind of opportunity.

Anyone who will indulge into this market, especially bitcoin, is destined to become a millionaire if he handles his holdings the way they are supposed to be. If government of your country has allowed you people to earn money with the help of digital currencies, count yourself as the lucky one. Though BTC provides anonymity but it is just in transactions. Bitcoin has never disappointed his investors.

I totally concur with you because I have seen many people in my country who were initially unemployed or fired have changed their life for the better thanks to bitcoin. However, since bitcoin became so popular, which is a good thing for investors, my country's government has drawn attention to it and started to ban it. Although this regulation doesn't quite effective, the people here have quite a lot of difficulties doing anything with bitcoin. I hope they would change their mind someday.

[aishyoo17]

I agree of the popularity of bitcoin is now very huge because of some country now are interested in his works like here in my country many credit cards company that I see are now allowing bitcoin as a payment for their bills and I think it will gonna grow again this end of the year.

Bitcoin technology is a very good innovation just like the "internet" that is why its very known right now, blockchain is the reason why bitcoin is very valuable right now that even banks wants to use the technology.

[MiXxe]

Bitcoin has a good impact to our country, Because they help to earn even if we are atleast in home. Bitcoin help us to have a good life and also help interms of billing. Bitcoin save a lot of people for this kind of opportunity.

Anyone who will indulge into this market, especially bitcoin, is destined to become a millionaire if he handles his holdings the way they are supposed to be. If government of your country has allowed you people to earn money with the help of digital currencies, count yourself as the lucky one. Though BTC provides anonymity but it is just in transactions. Bitcoin has never disappointed his investors.

I totally concur with you because I have seen many people in my country who were initially unemployed or fired have changed their life for the better thanks to bitcoin. However, since bitcoin became so popular, which is a good thing for investors, my country's government has drawn attention to it and started to ban it. Although this regulation doesn't quite effective, the people here have quite a lot of difficulties doing anything with bitcoin. I hope they would change their mind someday.

I think the government is somehow threatened to what bitcoin can be more. Imagine the big change bitcoin had as it started up to now. We have to try to realize how big it has grown now regardless the ups and downs it experience nowadays. Bitcoin is a way for us to be successful in a way that we will never expect. Now if government will help us, that will be better then. However, it will take a lot of years before it may happen.

[Ejanend]

I agree of the popularity of bitcoin is now very huge because of some country now are interested in his works like here in my country many credit cards company that I see are now allowing bitcoin as a payment for their bills and I think it will gonna grow again this end of the year.

Bitcoin in developing countries has a great marginal productivity because the technology is not so spread in those countries and there is still a huge room for further innovations via the technology. Unfortunately it has been banned by few countries which has reduced the popularity of technology in those countries but I hope they realize the advantage in future and let the people use and avail the good opportunities that the technology offers.

[Grayy]

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 understand the correlation between bitcoin and inflation in a country. Bitcoin is supposed to better the lives of the people in any country.
Bitcoin is becoming common in developing countries because it is giving most people the power to take control of their own investments and support them if they don't have a very good minimum wage. After all, the purpose of bitcoin is to give power to all people no matter their background.

[zhanghoqi5]

BTC will not lead to inflation, will only bring to the local economy development, no one country because of the currency activities through inflation, only the government is afraid of the currency will replace their own currency, and some measures.

[mung_nasib]

I think the existence of bitcoin can actually have a positive impact on a person because they can make investments and make a profit but the government also needs to create a new rule about the world of cryptocurrency so that the local currency is not lost after the majority of the population began to invest in bitcoin.

[slyfox]

I don't think economy is really the first concern of the government, I believe government is worried about losing control of  currency and only Bitcoin poses a major threat to that. I foresee countries developing their own digital currency in the future.

Monetary control is central to the economy if the governments lose control of that whether it is because of inflation or because of a competitor like bitcoin then they lose complete control of the economy, there are many examples of governments that printed too much currency and as a consequence the economies of their countries crashed as a result.