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Author Topic: bitcoin in developing countries  (Read 3367 times)
localcrypto
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June 07, 2018, 02:02:39 PM
 #461

Bitcoin is developing fast in many country they have more flexible options like bank withdrawals and ATMS and accepted in merchants
Mr.John19
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June 07, 2018, 04:13:38 PM
 #462

Nine years stretch of the presence of the bitcoin their still nation doesn’t recognize and nearly of the general population still, don't have a thought on it. Rather than the maintaining a strategic distance from or boycott regarding the bitcoin. Assist them in recognizing the bitcoin to other individuals. If you have related family on the Senate in your nation disclose to them this can huge help to build up the economy of your nation. Acknowledge the bitcoin as another innovation that can assist each existence with elevating. I am certain if the eventual of Bitcoin will additionally demonstrate its reality.
Cryptoproff
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June 07, 2018, 04:18:09 PM
 #463

I think this is a good idea because the state wants to develop bitcoin, I'm sure that bitcoin is hard to stop so the step to legalize and develop bitcoin is something to do so it's not left in the future.
Visbay
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June 07, 2018, 04:39:04 PM
 #464

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?


if the people in developing countries have much money and try to invest the bitcoin, I think it can help them to get alot benefit. it is my opinion.

You could say that but aside from money if one country put enough effort like regulations to help all investors and traders all over their country then it is a good point for them to earn on crypto and not just focusing on Bitcoin, we have ETH and other top coins to have...
You are right bitcoin is best currency which is now being accepted by almost all well developed countries as we can see bitcoin is worth investment so they are investing and they are making high amount of money with, now Philippines and Japan are taking bitcoin as an investment for the betterment of their economy and their life style, bitcoin helps many countries to get rich and takes part in development of economy which is the reason why almost all developed and under developing countries are accepting bitcoin.
intoy_victor
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June 07, 2018, 10:20:20 PM
 #465

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?

However people are just a helter - skelter, if they here that there are investment site of bitcoin and 5% income every month they grab it without knowing if therr money is safe to invest and it is trusted sites to invest.

I wouldn't suggest anyone to invest some site because I don't want to be blame and if they lose their fund it is my concern.
Karmakid
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June 07, 2018, 10:29:47 PM
 #466

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 is actually an asset that could help the growth of bothe the economy and the society so we must just grab the opportunities offered by it and let's just embrace the possible changes that it could offer us. This digital currency could bring a lot of changes in a certain country.
shata
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June 07, 2018, 10:52:23 PM
 #467

Bitcoin has a good response in many country. Bitcoin will help those country to overcome their financial crisis and also help to built a strong economic in those countries. In central Africa country like Kenya, Zimbabwe etc taking the benefits from bitcoin through Bitpesa Wink. This app help them in their transaction and in many other thing also. Bitcoin mainly reduce the unemployment issue in those country by providing job in their country people.Bitcoin also provide its mining  help in those country to create their own Bitcoin. With the help of Bitcoin they can buy anything from Internet. Even those thing which are not sold in their country  Smiley

In short, Bitcoin is typically a factor of economic growth in some countries. But do you think bitcoin can be consider to be classified as a underground economy income source? Maybe it depends but if we are to consider things, in developing countries, maybe bitcoin is legal and also has been taxed. So if individuals, earn money through bitcoin then they will pay taxes with percentage. But here in the Philippines, it is not. That is why, increase in purchasing power is increase because people get some income from crypto.

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BlackBeauty
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June 07, 2018, 11:07:37 PM
 #468

Bitcoin has a good response in many country. Bitcoin will help those country to overcome their financial crisis and also help to built a strong economic in those countries. In central Africa country like Kenya, Zimbabwe etc taking the benefits from bitcoin through Bitpesa Wink. This app help them in their transaction and in many other thing also. Bitcoin mainly reduce the unemployment issue in those country by providing job in their country people.Bitcoin also provide its mining  help in those country to create their own Bitcoin. With the help of Bitcoin they can buy anything from Internet. Even those thing which are not sold in their country  Smiley

In short, Bitcoin is typically a factor of economic growth in some countries. But do you think bitcoin can be consider to be classified as a underground economy income source? Maybe it depends but if we are to consider things, in developing countries, maybe bitcoin is legal and also has been taxed. So if individuals, earn money through bitcoin then they will pay taxes with percentage. But here in the Philippines, it is not. That is why, increase in purchasing power is increase because people get some income from crypto.
Yes bitcoin is legal in developing countries and that's why they want to pay in bitcoin everywhere because bitcoin is secure currency and very soon it will more improve by their government and i think other countries will also accept this currency because it is also very beneficial currency for economy of a country.
Wong Gendheng
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June 07, 2018, 11:16:24 PM
 #469

According to the latest survey that more than 95% of bitcoin users are from developed countries such as Japan, USA, South Korea, Europe and so on, while only 5% are from developing countries, this is an interesting fact that developed countries give freedom to their citizens to use bitcoin while developing countries instead banned of bitcoin.
virtualkeybuyer
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June 07, 2018, 11:32:36 PM
 #470

According to the latest survey that more than 95% of bitcoin users are from developed countries such as Japan, USA, South Korea, Europe and so on, while only 5% are from developing countries, this is an interesting fact that developed countries give freedom to their citizens to use bitcoin while developing countries instead banned of bitcoin.
That is strange to hear that news as the amount of the users in developing countries are much lower. What will they do if they will not adopt this advanced technology. I think it is because of the lack of education about bitcoin in these countries. It is required by the governments of these states that they provide education of modern technology to their citizens.
normanderecho
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June 08, 2018, 01:40:54 AM
 #471

Yes,bitcoin is developing in every country because of the good price so that bitcoin become popular and known in every people and i think theres a big chance to become a legal in every country because of the safety and easy to transact so that people want to develop  continuesly the bitcoin.

Pansamantala
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June 08, 2018, 01:55:31 AM
 #472

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 so. As a matter of fact bitcoin wouldn't have any effect in a certain country's economy. Because it is decentralized and no one could gain or lose in the process but only bitcoin. That's the common misconception by countries that illegalize bitcoin in their territory, tgey think that because you pump your national currency in the system, you are making bitcoin powerful and the country you live in weaker.
gorbabtc
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June 08, 2018, 02:02:30 AM
 #473

Unfortunately, in case of Television, the media channels are showing only negative things about crypto. This needs to be changed if we want crypto to be mass adopted.
Flayme
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June 08, 2018, 03:16:31 AM
 #474

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 is very perfect for a developing countries today.... It is very useful and very great in developing the economic status of our country.....  But to make it happened the government should need to legalize it.... If the government are the one who pursue and promote Bitcoin in every country it will be better....  All of us is free to learn about bitcoin because as for today it is very great....
Binmado
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June 08, 2018, 04:25:53 AM
 #475

Yes,bitcoin is developing in every country because of the good price so that bitcoin become popular and known in every people and i think theres a big chance to become a legal in every country because of the safety and easy to transact so that people want to develop  continuesly the bitcoin.
Today I see some developing countries they are approaching the BTC, maybe some of them see the potential that the BTC gives the economy, some countries are still struggling because they think BTC is a bubble coin. There are many risks for their country. so depending on the country.
Marinanik2018
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June 08, 2018, 12:12:11 PM
 #476

The government through the legal field can influence money and the economy, when the state introduces high taxes, then business goes into hidden assets, for example, a crypto currency. If viewed from the point of view of the state, the crypto currency can be an excellent solution for circumventing sanctions  Tongue
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June 08, 2018, 08:25:48 PM
 #477

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?

In our country, the government is starting to raise awareness to people about the risk of cryptocurrency investment and it's risk to people with regards to it's high risk in scam. This is good, since more and more people in our country is starting to hear and learn about cryptocurrency. I think the government is responding to it in a good way since they approved it to be used as a means of remittance.
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June 10, 2018, 11:46:24 AM
 #478

Bitcoin developing country to invest. Bitcoin TV and online through with people, especially have been known to.So people Bitcoin want to know what and if it unto them, the application if they instead of investment will? Good Bitcoin government silent should not be, they think Bitcoin economic stability disruption and the land of inflation will be.
Freddie Aguiluz
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June 10, 2018, 12:48:03 PM
 #479

Firstly, the only thing that has always been causing inflation is the manipulated and monopolized Fiat system.

Secondly, bitcoin is a deflationary currency. So, I leave you to do the maths!

In a developing country bitcoin will be usefull, in order to catch up to other country in terms of transaction and payment of currency, it will be a great help
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June 10, 2018, 01:09:04 PM
 #480

I dont think that bitcoin will disrupts the economy stability, since it is a crypto currency and has nothing to do with an inflation in a country. Every govenrment should take care their own economics.

economic stability I think it has helped. because the economy in the country sometimes has problems. but such a thing also has nothing to do with the state of inflation in every country.

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