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Author Topic: bitcoin in developing countries  (Read 3371 times)
GokeVN
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July 05, 2018, 07:24:34 AM
 #721

Inflation in the countries will not. All paper and digital money will replace crypto-currencies, bitcoin will be the modern gold standard for the crypto-world
terlesbogli
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July 05, 2018, 07:44:05 AM
 #722

Yes, Bitcoin will bring lots of opportunities in the future and have lots of contributes in some different ways, and developing countries would be the one that bitcoin will contribute and I'm looking forward for this.
Xising
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July 05, 2018, 11:00:14 AM
 #723

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 bitcoins play a key and important role in the further development of rising countries. I say that because more and more people are becoming very interested and is starting to give bitcoins and the cryptocurrency market more attention, which transcends to more transactions, and ultimately, more value. That attention helps it as a legitimate and fast-growing market that has the ability to give a big revenue to market systems both locally and globally. Therefore, it helps many countries, especially ones with active participation to boost their economies even more.
btctalk123
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July 05, 2018, 02:23:27 PM
 #724

In developed countries, we can see the big profit of Bitcoin. Because government accepts using it, and everyone can invest and earn. You always can buy something using Bitcoin, it is real future for next few years for the whole world.

rajkr
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July 05, 2018, 03:03:15 PM
 #725

It is time for developing countries to complete with developed countries.It is occasion to make money by showing interest in crypto.So government should accept new block chain technology for making there system more secure and dibuat.
cryptoguy1234
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July 05, 2018, 06:01:27 PM
 #726

I do trust that Bitcoin and crypto innovation will upset the customary foundation in the vast majority of the segments. Be that as it may, it won't influence the security at all since this procedure will be in real life out of sight or say on the parallel level so fiat and keeping money framework won't influence medium-term. In any case, in the event that we consider the long haul situation then things will change topsy turvy if this change succeeds. Indeed, even governments are supporting Blockchain innovation and that will help the development of Bitcoin and altcoins too regardless of the administration's remain on the same.
Sama517
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July 05, 2018, 06:59:14 PM
 #727

I don't think Bitcoin will necessarily bring inflation nor disrupt the economy. Moreover, inflation can always be controlled or balanced by a vibrant or working economy. In my opinion, bitcoin has the potential of even enhancing the economy through its ease and speed of transactions.

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CoinSpeculator
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July 05, 2018, 08:27:11 PM
 #728

Inflation is the measure of price increase within a set of goods and services over a period of time. the main causes of inflation are either excess aggregate demand or cost push factors. how can bitcoin cause inflation? bitcoing can create better opportunities for us.
Portia12
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July 05, 2018, 08:45:38 PM
 #729

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?

Bitcoins can develop a country in a positive way because if people are going to earn cryptocurrency then they will have an easier life since profit is very high in trading.

Ailmand
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July 05, 2018, 09:00:23 PM
 #730

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

I think cryptocurrencies play a big and major role in helping developing countries improve their economies through transactions that are made by people who are venturing in the market. The good part about it is that even countries that are seemingly not technologically inclined are in the playing field of investing with cryptocurrencies including the above-stated countries. That is really a good development for cryptocurrencies because if people would see how useful the market is for developing countries, then they would believe that it's a really legitimate and profitable one.

PEDROMAP
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July 05, 2018, 09:07:14 PM
 #731

Bitcoins and others cryptocurrencies are a way of developing economy in emergent countries, as they allow another way to generate wealth and improve conditions of people, its a competing technology and competition always brings improvements.
goldade
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July 05, 2018, 09:19:12 PM
 #732

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?

Although, bitcoin has been accepted in some countries, it is yet to accepted in most countries especially the developing ones. They only say bitcoin will disrupt economy stability and cause inflation because they know they can not control bitcoin. Bitcoin is decentralized and so cannot be controlled by the government or any other body. The use of bitcoin will help improve the peoples' lives which will in turn improve the economy of the country. One should also know that bitcoin is a deflationary currency and so cannot cause inflation.

Noctis Connor
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July 05, 2018, 11:16:18 PM
 #733

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

I think cryptocurrencies play a big and major role in helping developing countries improve their economies through transactions that are made by people who are venturing in the market. The good part about it is that even countries that are seemingly not technologically inclined are in the playing field of investing with cryptocurrencies including the above-stated countries. That is really a good development for cryptocurrencies because if people would see how useful the market is for developing countries, then they would believe that it's a really legitimate and profitable one.

Exactly , crypto currencies has a lot to offer in both economical and technological advancement of the country, It needs to be accepted and study carefully, It has a great future in making the lives of people more easier and productive, Crypto can provide jobs to people online, it is proven, there are a lot of ways in earning in crypto.
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July 06, 2018, 07:09:22 AM
 #734

if I personally think that bitcoin can have a big impact on people's lives when the government begins to formalize it because by investing they can earn an income and directly the economy is helped by the existence of this bitcoin growing rapidly.

cahbagus555
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July 06, 2018, 08:43:54 AM
 #735

I dont think bitcoin or cryptocurrency can disrupt economy in country. Cryptocurrency will helping and increasing productivity. We know that with cryptocurrency, we can save more cost for every transaction and with that eficiency, bussiness can expanding and creating more jobs
GokeVN
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July 06, 2018, 08:53:18 AM
 #736

Inflation in the countries will not. All paper and digital money will replace crypto-currencies, bitcoin will be the modern gold standard for the crypto-world
icorecord
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July 06, 2018, 09:21:26 AM
 #737

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?

It all comes to a question of what type of legal entity bitcoin will be: a currency, a comodity, your variant.
Some time will pass untill it will be used by significant amount of people for micropayments. Bitcoin right now is more of a store of value and looking at what is happening to financial world (Coinbase is making services for people starting with $100 million bucks accounts, NASDAQ and NISE crypto currency exchanges) we can assume it will be the most likely role of Bitcoin in the nearest future.
laracastvue
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July 06, 2018, 10:04:34 AM
 #738

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 own opinion, bitcoins is very healthy for the growth of economy because it helps different people to earn more income monthly which they can use to sustain their daily needs.
xitrum
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July 06, 2018, 10:05:11 AM
 #739

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?
It can be seen that bitcoin is getting a lot of attention from developed countries, with great benefits and security as well as fast transaction speed. Bitcoin is the trading form of the developed country . They use bitcoin and are looking for ways to control bitcoin transactions so that bitcoin can be more secure, more popular and easier to trade.

sevenbits
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July 06, 2018, 10:15:54 AM
 #740

Unfortunately, many governments hamper the development of crypto in their countries. The reason is most likely the fear of losing control over the money issue.
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