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Author Topic: bitcoin in developing countries  (Read 3371 times)
Roomshambles
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June 18, 2018, 12:23:15 PM
 #521

If bitcoin is suddenly present in a country, it may disturb the state of the economy. So if a country wants to receive bitcoin, then the country must make a rule about bitcoin first.
Bosx1ne
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June 18, 2018, 12:38:15 PM
 #522

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?
Did you know that there are now countries that fully legalized bitcoin and the citizen of their are now using bitcoin in their daily lives? Yes it is true! Actually, there are now 100,000 of stores and businesses in Japan that are now accepting bitcoin as payment.

jeluhtajem
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June 18, 2018, 12:43:41 PM
 #523

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, they already had a strict rule about that
kabelpeggek
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June 18, 2018, 12:56:38 PM
 #524

Bitcoin has been developing in some countries quite right in a way that government recognized it more often to be an instrument for the basic financing system.
DevilSlayer
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June 18, 2018, 01:18:16 PM
 #525

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?
The bitcoin became so much popular because of the social media platforms, there are many users of social media accounts that became aware and interested to the bitcoin. We need more great promotions that can help the bitcoin to become more popular in our society.
t2yax
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June 18, 2018, 01:20:41 PM
 #526

As we can see, development of bitcoin is too fast, we cannot see how the technology and innovations are at far, but we can feel how bitcoin and cryptocurrency becoming popular every now and then. We see how every and each country relying now on bitcoin. We see how fast the innovations and blockchain technology developing fast.

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fcf1081
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June 18, 2018, 01:24:01 PM
 #527

Any developing country would want to try anything that will help them become successful as they want to be, and so bitcoin is not foreign to them they will examine it and know everything that will contribute to their growth, only those who dare and try to take risk can accept bitcoin to be part of their developing country.
Shanmatthew
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June 18, 2018, 02:02:02 PM
 #528

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.

Maybe you're right in you're country,but the other country is against of bitcoin currency in their economy.many investor and business will bankrupt if that government is no response for this btc transaction specially for taxes.well,also in my country bitcoin is not totally accepted. But they have no control to each person that want to get rich soon.
Coinredd
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June 18, 2018, 03:02:16 PM
 #529

Bitcoin in developing countries is robust and fastly adapting to mainstream financial market and number of atms is the main reason for bitcoin growth in major developing countries
sergiom
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June 18, 2018, 03:09:56 PM
 #530

In developing coutries the menthality of people is completely different, they know from the childhood, that they can invest in order to have some profits, that`s why bitcoin is more likely accepted there.
ordeath
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June 18, 2018, 03:24:11 PM
 #531

In my area TV and Internet is full of crypto related things and advertisements, but for some reason government keeps being negative towards it, and it affects people to think, that BTC is something evil.
gerald246kru
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June 18, 2018, 03:31:14 PM
 #532

I think bitcoin is very important for the developing country, because you can earn money from bitcoin and show the country's financial condition. Which is very meaningful for developing countries.
While developing countries would definitely benefit if they used bitcoin, it is very easy to see that is going to take a lot of time for that to happen, if you take a look at any other technology you will see that the rich countries are the ones that adopt new technologies first. Some governments in other countries are treating btc as danger to their economy but in reality it is not
rose8963
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June 18, 2018, 03:32:57 PM
 #533

Quote
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 think Bitcoin rather improves the economy of a country if only the governments and the people really understand the idea behind it. Bitcoin offers financial freedom to all and with countries which will employ the idea of Bitcoin, the government will only get to boosts its income rather than relying solely on the collected tax to build the country.
Nope, I think bitcoin can disrupt the economy and cause inflation in a country. Probably because the bitcoin price is too high but the physical and the shape does not exist. Until that will make it difficult for the government to audit. Of course it can but only because people are trying to stop it. Bitcoin has a unique system and much more worthy than any banks around the world
bealjulian
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June 18, 2018, 03:33:39 PM
 #534

People can do all the transactions from their device and the other people can receive the coins into their wallet. No need to wait two or three days or you don't have to pay high taxes. 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
coingrowth
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June 18, 2018, 04:14:01 PM
 #535

Bitcoin in developing countries are robust in growth and banks are user-friendly and even banks are framing crypto asset products and public awareness is positive and many atms available
crazyavdik
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June 18, 2018, 04:18:45 PM
 #536

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.
alibaba93
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June 18, 2018, 04:23:05 PM
 #537

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 can see that bitcoin is hot topic and is being developed by many countries, bitcoin prices are constantly decreasing, making investors around the world more worried, although we are Can not negate the benefits that bitcoin brings. But it's hard to know where bitcoin prices will go. Crypto market is in a bear market in long term, bitcoin prices may continue to fall sharply.
meatballsset
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June 19, 2018, 12:07:19 PM
 #538

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.
btctalk123
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June 20, 2018, 06:38:46 AM
 #539

I think that government and mass media, television are having a great affect on humans beliefs about bitcoin, so they handle big power to use it for good, or for bad.

RasicaOla12
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June 20, 2018, 07:04:57 AM
 #540

The bitcoion is as new as a young adult to assert its place with everyone, predicting that bitcoins will become stronger in developing countries and bitcoin will help ecomony for your country have ico quality
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