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Author Topic: bitcoin in developing countries  (Read 3322 times)
manismanja
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June 04, 2018, 12:24:59 PM
 #421

I see in my country already many who developed the world of cryptocurrency and I also see many countries that have started to develop digital currency and created many new cryptocurrency from various countries.

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@hosimanaka
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June 04, 2018, 01:18:56 PM
 #422

At present, I see that the MOFs in developing countries do not care about the MOF. If they are not interested in the MOF, they are not quite accurate enough to meet the BTC requirement for the economy. for their people. So they left people wanting to join the BTC on foreign exchanges.
Mylove risa
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June 04, 2018, 01:57:18 PM
 #423

If disturbing it depends on the attitude of the user like what in the future so that the government is in need to anticipate the bad thing when bitcoin start inaugurate it and still make use of local currency as a legal means of payment until whenever.

The fact that bitcoin is spread in many developing countries. This will be a huge help for developing countries, they can increase their economic growth. Bitcoin can provide a solution to that, maybe they can try to use the currency and make the most of it.
buburjelly
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June 04, 2018, 02:08:48 PM
 #424

Economic stability of the country will not tergangnggu if the government to make the regulation husus related bitcoin inflation will not happen because the government can still control the movement of bitcoin prices that affect the price of fiat money
Roomshambles
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June 04, 2018, 02:13:58 PM
 #425

It seems that bitcoin can indeed disrupt the economic situation of a country if it goes in without any rules or regulatory things. A very high but anonymous bitcoin value will make some people confused and unbelieving, much less anonymous bitcoins are often misused for an illegal act. This will cause economic turmoil in a country.
Wayan_Pedjeng
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June 04, 2018, 02:26:15 PM
 #426

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?

How can there be inflation due to the presence of Bitcoin? Bitcoin is not very widely used for retail shopping. It is mostly used for the purchase of altcoins and ICOs. So I don't think that it will be having any impact on the inflation rate.
Syakir1989
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June 04, 2018, 02:30:17 PM
 #427

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 do not think there will be inflation because inflation is not by bitcoin ..
many are causing inflation but I do not think bitcoin will cause inflation but bitcoin helps the economies of developing countries ..
crazyavdik
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June 04, 2018, 02:32:46 PM
 #428

in my country bitcoin not yet developed, maybe because bitcoin not yet in officially in indonesia, hopefully bitcoin in indonesia in remikan, let that work more and more.
imking
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June 04, 2018, 02:59:44 PM
 #429

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?
You are right bitcoin in developing countries. I am amazed in the country we have a wallet called coins.ph. Last few days I saw that the client of the coins.ph is reached 5M that is the vast amount users. Coins.ph secured and have low fees. Coins.ph only operate in 2017 with the permission of the Philippines central bank. Bitcoin helps us to change the lives which are significant to us mostly to the unemployed.
boddy.dy
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June 04, 2018, 03:15:55 PM
 #430

Bitcoin had a huge impact in developing countries in the past few years of its existence. Well we can do also say that this not only develop the countries but the entire world. We should admit that bitcoin is just not a countries hot topic but the whole world. Bitcoin help people of the world to connect to each other in a lot of ways. Now even where you are you can make transactions to each other not having doubts if where he or she is. You can buy stuffs just by the swipe where ever when you want. And that I think is the best ever bitcoin did to connect the world even we are miles away from each other.
maometano
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June 04, 2018, 04:25:56 PM
 #431

in my country bitcoin not yet developed, maybe because bitcoin not yet in officially in indonesia, hopefully bitcoin in indonesia in remikan, let that work more and more.


the government itself is still doing studies on bitcoin but until now there has been no clarity of news anymore, which will be grateful for now our government is still neutral to bitcoin that does not prohibit it. we as users can only expect the best for now and use the bitcoin and government regulations that have been set so as not to add a bad list of bitcoin impacts in the Indonesian government ledger.
khirul_i20
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June 04, 2018, 05:41:01 PM
 #432

Bitcoin currently a good to earn money quickly source.Bitcoin through thousands of unemployment unemployment away being.Bitcoin the world's often the land of use be.Bitcoin in Russia, Zimbabwe, etc. countries in more than use. Between these countries  in the shop by this bitcoin through.
Maddinson100
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June 05, 2018, 04:35:46 AM
 #433

In developing countries, the cost of living is very much inexpensive. So income from bounties goes a long way for them in that part of the world. Some even opt to not work at all and just focus on crypto currency. The number ofnthem are growing and I think it is good for the economy because they actually go out and buy stuff now.
Yeah you are right because now the price is above $8000 which is very big amount and I am not able to buy just a single bitcoin. Having five bitcoin in my community means the richest man in the society. But still many people in my community are using bitcoin and trading ig it because of the high margins of profits. My first choice for investment is bitcoin.

There are so many of the investors who have invested their money into different crypto currencies but the sad part is not all of them are able to make some good earning as they don’t know much about the market and that they are unable to deal the things in the right way. Once you are there in this, then you must take every single step very much carefully and that you need to make the maximum profit out of your investment.
btctalk123
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June 05, 2018, 06:07:58 AM
 #434

I will say that it takes that solid wisdom and futuristic sight to accept and promote bitcoin in your country if you ask taht.

malbano2099
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June 05, 2018, 06:45:22 AM
 #435

It appears that bitcoin can for sure disturb the financial circumstance of a nation in the event that it goes in with no guidelines or administrative things. A high however mysterious bitcoin esteem will make a few people confounded and unbelieving, significantly less unknown bitcoins are regularly abused for an illicit demonstration. This will cause financial unrest in a nation. Bitcoin had a tremendous effect in creating nations in the previous couple of long stretches of its reality. Well we can do likewise say this build up the nations as well as the whole world. We ought to concede that bitcoin is simply not a nations hotly debated issue but rather the entire world. Bitcoin help individuals of the world to associate with each other from numerous points of view. Presently even where you will be you can make exchanges to each other not having questions if where he or she is. You can purchase stuffs just by the swipe any place when you need. Furthermore, that I believe is the best ever bitcoin did to interface the world even we are miles from each other.
MudahDanHemat
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June 05, 2018, 07:08:15 AM
 #436

Most developing countries do not yet have a stable economy. So if the government prohibits investing in bitcoin I think it is something normal. Because the government needs funds on real investment to strengthen the economy. If the public funds flow in bitcoin and no real investment it will disrupt the country's economy.
cryptomoon1003
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June 05, 2018, 07:11:33 AM
 #437

government will do something ? Well, they will try to understand it before they regulate it

tikanurqaidah
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June 05, 2018, 08:18:38 AM
 #438

Indeed, cryptocurrency technology makes it easy for someone to transact real time without the need for third party intermediaries such as banks or credit card providers. people in developing countries now have the opportunity to pass through the existing banking infrastructure, and move toward a decentralized financial system.
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June 05, 2018, 08:39:17 AM
 #439

Indeed, cryptocurrency technology makes it easy for someone to transact real time without the need for third party intermediaries such as banks or credit card providers. people in developing countries now have the opportunity to pass through the existing banking infrastructure, and move toward a decentralized financial system.

I think if they are smarter than the government's economic system and keep the full assets in the cryptocurrency, please imagine the inflation rate experienced by the state in this case, there will be much progress from many people but not in line with the economic balance in developing countries will result in wider systemic disarray.

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Yunbalo
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June 05, 2018, 08:45:31 AM
 #440

Most developing countries do not yet have a stable economy. So if the government prohibits investing in bitcoin I think it is something normal. Because the government needs funds on real investment to strengthen the economy. If the public funds flow in bitcoin and no real investment it will disrupt the country's economy.
I do not think the governments of developing countries will think of investing in BTC, I think that individuals can only invest without any legal framework of the government, so at the Developed countries probably will not mention the MOF, there are no legal barriers to this type of business. It also does not develop BTC in particular and electronic money in general.
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