bitcoin in developing countries

[Nabilo]

It might possible that it disrupt the economy of any country.People can leave fiat and use bitcoin just to prevent taxes which can lead there country economy down.Seriously government need your money to develop country if they don't pay tax they don't develop any thing our government can become poor and it might possible that every country stop support us.So yes it can disrupt  the economy

[s0beit]

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 believe yes. Bitcoin has always been the best asset for a country and it is really a big help for the economic growth of a certain country. If the government would just accept bitcoin as a currency, things would be lighter and easier when it comes to financial necessities.

[Whitly]

I don't think, that bitcoin or other cryptocurrencies will disrupt economic stability or there will be inflation due to bitcoin in a country, I believe that in our economy can be symbiosis fiat and cryptocurrency. And plus, I think, that cryptocurrencies developing countries. Just look,  how many new businesses were created in last year and how many old businesses started using 'blockchain" and with this, they increased their profits and improved the economic situation in the country.

[hahay]

I'm sure bitcoin does not disrupt the economic stability of a country, because so far I've only seen bitcoin has helped the economic growth of each of its societies in every country. That way bitcoin has a role also to the financial growth of a country, so there's nothing else need to worry about bitcoin.

[Panpan66L]

I think that Bitcoin is better because of the menthality of the west world people, and they are taught from childhood to invest and save some money!

[Sakash]

For a developing country, bitcoin has many positive effects in the economy. Most people in the developing world are unemployed. This reduces the per capital income. Bitcoin is playing a big role in developing countries.Bitcoin eliminates your unemployment problems and helps in earning money.

[jak3]

I will especially refer to this topic in the third world countries. Most of the third world countries are going to have a lot of profit from cryptocurrencies in the near future and right now most of the people in a third world country are not well aware of it. I don't think even at my place any people will understand Bitcoin. People will learn about Bitcoin and other cryptocurrencies very soon we are just waiting so that many peoples can start up their businesses which can inspire more and more people and when they will join the network they will understand the concept of Bitcoin.

[poonampawan]

Bitcoin is inflationary and there is no doubt about it but it can't disrupt the economy of any country because size of the economy of any country is much larger than the marketcap of Bitcoin. But it sure can make some movement in there.

[Gab23]

It is possible that bitcoin could effect to the stablity of county as this is new concept to the worker of country and this makes people lose money at sometime. However, This will become stable at time passes as gold just did

[kisscoin]

I believe that bitcoin will not violate the economic sphere of the country, but completely change it, and only for the better. Those countries that will go to a meeting or even introduce their own cryptocurrencies within the country will only become richer and will definitely prosper.. It is a pity that many do not understand... 

[InKiTy38]

In bitcoin developed countries that are highly trusted by the users and see them as their currency, they can freely trade as well as they may have policies that actively influence the market.

[kevpantof]

in my opinion No other currency has developments in such a short time as bitcoin, using bitcoin as payment is illegal and they are too worried that bitcoin will disrupt economic stability in our country whereas before people in my country know bitcoin, the economy in the country I am not good and continue to deteriorate in a few years, so I think bitcoin does not adversely affect the economy of a country.

Could not agree more because it has been only a decade and Bitcoin has spread so much. Besides, it offers so many advantages that were not even offered by dollars. One of the best things I love about Bitcoin is its general acceptability and the way It is used as payment is amazing. But unluckily in developing countries the thing is otherwise. People hardly know Bitcoin and few are aware of it.

[Miha Kot]

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?

Some countries have banned bitcoin because it can cause the government to lose most of its revenue.

[coynedterm]

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?

Actually it is big concept for the people who are not in the developed countries , for them it will be big thing to decide whether to go with the bitcoin or not , I mean to say that in the present time people are not stupid , they will surely see the history and present time condition in different different countries whether it is better to have or not , and finally they will find only one answer that is yes they should have bitcoin in use in their life .
And I am here sure that one day bitcoin will be universal payment system where no one will be able to stop bitcoin progress and may be it can join the economy of the whole world and everyone will be free to do work in the world without any limitations .
But here need to keep the main point that what will be the point of view of the governments of the developing countries

[Sled]

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?

Actually it is big concept for the people who are not in the developed countries , for them it will be big thing to decide whether to go with the bitcoin or not , I mean to say that in the present time people are not stupid , they will surely see the history and present time condition in different different countries whether it is better to have or not , and finally they will find only one answer that is yes they should have bitcoin in use in their life .
And I am here sure that one day bitcoin will be universal payment system where no one will be able to stop bitcoin progress and may be it can join the economy of the whole world and everyone will be free to do work in the world without any limitations .
But here need to keep the main point that what will be the point of view of the governments of the developing countries

Bitcoin is already a payment which is universal and it is just waiting for the other countries to adopt bitcoin so they can start getting payment and also transferring money to the other country for debt payment and other type of payment which is an efficient way since the transfer will become faster than they expect.

[HasiViraj]

Not so much. First of all, if bitcoin exaggerates anything later on then I am almost certain that it will get restricted totally from the substance of the earth. The reality of getting fiat supplanted with the digital currency has long gone now on the grounds that bitcoin is developing with awesome speed and that isn't being loved by the administration itself. I am almost certain on the way that bitcoin will never at any point convey the expansion to the national economy. Rather it could flatten thinking about its exceptionally decentralized nature.

[bajingluncat]

if direct impact I think it will not happen in the near future, let alone inflation, because I know many factors that affect, every btc transaction can not be detected by the tax system, but that does not mean the economy will be destroyed, even I think with the btc can increase the income of the people so that it can boost purchasing power, with increasing purchasing power then the country will be free from inflation, so I think btc it will not cause inflation but can even improve the lives of every user

[pujarihema]

Governments are worried that bitcoin will disrupt economic stability, there would be price manipulations which is true, and there would be a lot of scams which is also true. That'a why developing countries are conservative when it come to crypto.

[naveenchandradasa]

Yeah, I agree with it. BTC Bitcoin is very suitable currency for Mid-level developing countries such as East Asia and Latin American countries. Because it is the very safest way of doing businesses and any other money transactions. In still developing countries not have enough resources to trade or do businesses with BTC. so I recommend that is the very safest and suitable way to do businesses and trades still developing mid-level countries. thank you.

[justicesquadron]

Bitcoin is a big deal when it comes to developing countries because it’s one of the ways that the people are able to get out of poverty because we are currently knee deep in it right now. People have been able to establish business by just investing into bitcoins alone.