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Author Topic: bitcoin in developing countries  (Read 3365 times)
Mhd-Bobbi
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June 25, 2018, 06:44:03 AM
 #601

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?
no. I feel bitcoin will not interfere with the government. Because bitcoin also includes a source of life for people who understand. Because bitcoin also includes work. This reduces the risk of poverty. Improving the economy for the poor and not working. My bitcoin experience is my income to keep people alive.
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June 25, 2018, 06:58:52 AM
 #602

If disturbing the stability in a country may depend on what government performance because with the existence of bitcoin in my opinion will have a positive impact for one's economy once they are able to earn an income every time by investing.

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June 25, 2018, 07:49:08 AM
 #603

The BTC is now spreading around the world, and they are slowly approaching developing countries so that the BTC will be more and more popular around the world, and prices will rise by the end of 2028. Good point to buy BTC on.
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June 25, 2018, 07:53:26 AM
 #604

I am sure that cryptocurrencies violate the economic sphere of any state. But these changes must be made in the positive direction of ordinary people, and this is what the government is afraid of! Why the state rich people? It is this position that does not suit the oligarchs who rule our world!
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June 25, 2018, 08:02:29 AM
 #605

I think the government really needs to anticipate the bad thing when bitcoin begins to formalize it and still utilize local currency as a means of payment. And if disturbing it depends on what kind of user attitude in the future
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June 25, 2018, 08:28:26 AM
 #606

bitcoin is biggest in crypto currency. but many countries do not allow for it his countries because they thought it illegal. but there have lot of countries using it any doubt any hesitation. and dealing in bitcoin. or bitcoin spreading  around the earth so we should keep with it coin. we need to grow up this coin and spreading.
mrsimons121
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June 25, 2018, 08:56:46 AM
 #607

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.
tazman
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June 25, 2018, 09:01:17 AM
 #608

People are like investigators when their point of interest is being hit, so when people learned more about Bitcoin in the future they will invest even with small portion and try to use it or make progress, and if everything turns right then they will invest more.
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June 25, 2018, 02:03:27 PM
 #609

though in developing countries bitcoin is a invisible currency,it has own potentialities most of the developing and under developing countries currency is taken and given by the computation of bitcoin. the use of bitcoin is observed in that countries.it keeps a great effect in such countries.
tutakhamunba
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June 25, 2018, 02:08:19 PM
 #610

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 my opinion, I think bitcoin will not disrupt the economy because the transition from paper money to crypto will not be so fast and also while this transition will happen, there will be transition between institutions as well. It will be happen in the future.
Although it is a very slow process, but it will continue becoming popular regularly, because now we can see that even in backward countries people have started taking interest in bitcoin. Bitcoin is hopefully bring a very positive impact on the economy of the developing countries, because bitcoin is the currency of the new era and the new generation will take more interest in bitcoin.

The governments of many countries are talking about the 4.0 IoT era. And Blockchain is one of the most important parts of it. It's hard to explain the technology of Bitcoin to normal people, but it's easy for everyone to use Bitcoin for the transaction.
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June 25, 2018, 03:46:30 PM
 #611

Most of the citizens in the developing countries are now aware to what is bitcoin. They know the opportunity that they can get from making investment with bitcoins. I am sure that many more people will become interested to enter in the cryptocurrency market.

manfredmann
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June 25, 2018, 04:01:47 PM
 #612

Nope the government wants only the welfare of its constituents and the possible shortcomings like to be used as a transactions to any illegal activities. Government nowadays are just doing their job like here in the Philippines the government effort takes place to neutralize the possiblities that cryptocurrency will be use in illegal activities so local exchange which is coins.ph was given a license to operate in return this exchanges should do KYC to establish a report on those people that are having huge transactions on it. ICO projects also should be registered to avoid scamming people in the process of collecting crowd's fund.
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June 25, 2018, 05:30:16 PM
 #613

Bitcoin is used in more developed countries. Developing countries are technologically advanced and so they can easily understand which future will improve thire future. And everyone in the developing countries knows that their  future will be brighter with Bitcoin.
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June 25, 2018, 06:33:53 PM
 #614

Yes, Bitcoin is being used in developing countries. They almost all used Bitcoin. As a result, the developed countries are getting better. I think the use of Bitcoin will not harm the developed countries. Even Bitcoin will help the country to overcome their financial crisis. Bitcoin will improve financially.

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vik254
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June 25, 2018, 08:56:00 PM
 #615

Bitcoin  and  other  cryptos  have  been  received  well  in  most  developing  countries.  this  is  due  to  the  exploitation  and  the  high  inflation  being  faced  in  most  3rd world  countries. with  the  introduction  of  crypto,  people  will be  able  to  monitor  all  the  cash  being  spent  by  the  government  in  a  public  ledger  which  is  open to  the  public.  this  will play a  key  role  in  reducing corruption  in  most  nations.  besides  being  attractive  to  most  people,  there  are  many  challenges  being  faced  by  many  people   who  would  like  to  adopt  it.

one   key  issue is  the  accessibility  of  the  coins.  a  number  of  people  do  not  really  know  how  best  they  can  acquire  bitcoin and  other  cryptos  in a  safe  way.

the  high  change  in  market  rates is  aslo  considered  to  be  a  risk  by  many.  most  business  persons  cannot  embrace  the  use   of  crypto  because of  they  can easily  loss  the cash in case  of a   market  correction.
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June 26, 2018, 07:44:05 AM
 #616

I don't think Bitcoin will cause inflation in developing countries. That's more affected by other things, in particular how the country is being ran by the politicians.
That is the main thing how the politicians run the countries that are developing. Almost all of them are corrupt elites and loot billions out of the economy for their personal interest and this has been happening since long which has led the countries into nothingness. So there is already inflation and the common people do not even know what Bitcoin is because majority of them have banned the currency in the countries.
Many countries have adopted the Bitcoin especially the developed countries and going well with it, it has increased the economy rate due to its value and easy transactions system. We know that with valuable product we can earn a lot and especially in this modern world everyone is ready to accept the Bitcoin.

Recently Germany also realized that it is important for economy and therefore they recognized it which is good news for the Bitcoin and the people living in Germany.
stellgod
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June 27, 2018, 11:01:39 AM
 #617

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 think bitcoin will not affect economic stability in a negative way. It might actually the other way around.
Besides under develop countries many developed countries are using the Bitcoin for transactions and as a source of investment and are getting huge benefit of it. These countries are using it because it is in their benefit and Germany has added more to it as it realized and recognized the Bitcoin recently. Their economies have improved a lot with it because it is more valuable than other currencies.
NevejElad
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June 27, 2018, 11:22:04 AM
 #618

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 think bitcoin will not affect economic stability in a negative way. It might actually the other way around.
Besides under develop countries many developed countries are using the Bitcoin for transactions and as a source of investment and are getting huge benefit of it. These countries are using it because it is in their benefit and Germany has added more to it as it realized and recognized the Bitcoin recently. Their economies have improved a lot with it because it is more valuable than other currencies.
Bitcoin ,I believe can really help developing countries, in way through the jobless people so that they can earn livelihood in order to help its economy, the way they can participate is to have a mobile phone and get connected to the internet , so that they can join the world economy, and one these is bitcoin in which they join the participation of bounty campaign to earn rewards.
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June 27, 2018, 11:29:37 AM
 #619

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 think bitcoin will not affect economic stability in a negative way. It might actually the other way around.
Besides under develop countries many developed countries are using the Bitcoin for transactions and as a source of investment and are getting huge benefit of it. These countries are using it because it is in their benefit and Germany has added more to it as it realized and recognized the Bitcoin recently. Their economies have improved a lot with it because it is more valuable than other currencies.
Bitcoin ,I believe can really help developing countries, in way through the jobless people so that they can earn livelihood in order to help its economy, the way they can participate is to have a mobile phone and get connected to the internet , so that they can join the world economy, and one these is bitcoin in which they join the participation of bounty campaign to earn rewards.
Bitcoin have the potential to change the lives of some of the world’s poorest and most desperate people for the better. Cryptocurrency can improve lives by helping residents of developing countries participate in the global economy and escape from poverty.
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June 27, 2018, 11:55:08 AM
 #620

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?

Bitcoin is a wonderful opportunity. Developing countries need all the help and opportunities that can have to offer hope to its youth. Bitcoin would help the youth and in return improve economies.

But if the requisite transition structures aren't put in place, this blessing in other parts will be a curse for developing countries.
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?
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