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Author Topic: bitcoin in developing countries  (Read 3365 times)
Biggapp
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July 07, 2018, 09:25:01 PM
 #761

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 know Bitcoin is not threat to the economic stability of every country but rather help to improved the situation of the people into progressive life for every day living. Actually government itself should be bothered the improvement of the people if they totally stop to people using Bitcoin.
Yeah bitcoin is being a reason for better life in many places, Before the arrival of bitcoin people were not able to make free money but after having bitcoin they got the opportunity to have free way of earning, I think government should not stop bitcoin in their country as we all know how beneficial it is, because bitcoin is helping people get good income and best earning in life s we should support bitcoin to help it grow more and more for better economical state.
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July 08, 2018, 02:33:18 AM
 #762

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?
This is some kind of irony, but developing countries more likely to accept cryptocurrencies, and poor countries (who could be the most beneficial) are completely against it.


Indeed, its kind of irony. Government in third country should be take benefits from bitcoin to their peoples. In cryptocurrency, many opportunity that we can take and for government, cryptocurrency can make eficient their bureaucracy
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July 08, 2018, 02:55:27 AM
 #763

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 the development of bitcoin in every countries world wide i think it can not disrupt to the economic stability of a country in accessing cryptocurrency because in the first place bitcoin is made only to decentralized currency which is to eliminate third party involvement between the government and the state.
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July 08, 2018, 03:21:09 AM
 #764

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 the development of bitcoin in every countries world wide i think it can not disrupt to the economic stability of a country in accessing cryptocurrency because in the first place bitcoin is made only to decentralized currency which is to eliminate third party involvement between the government and the state.

Bitcoin has many key features that we can possibly use to becomes profitable but it commonly use only for developed countries where they can easily implemented.
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July 08, 2018, 04:38:45 AM
 #765

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 good for developing countries to the right place at all. The first to invest, but its value. I believe that bitcoin is a good thing. I believe that bitcoin and a great mind, the market. Cause we have to be great if they belong to the right direction and other cryptocurrency is a start of bull market
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July 08, 2018, 06:18:34 AM
 #766

In the current international situation, developing countries do not support the existence of BTC very much. They do not accept the new investment products of BTC, which may feel too risky.
jonaire99
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July 08, 2018, 06:39:59 AM
 #767

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.

Some of these governments are already finding some solutions to their cryptocurrency problems by imposing a regulation through their exchanges. By this July, majority members of G20 are awaiting recommendations for cryptocurrency regulations from other members and it will be possible that this regulation will come effect this july or later.

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July 08, 2018, 07:12:17 AM
 #768

It is very interesting, which country will be the first to introduce bitcoin as a payment system. I think that this should be a country with very severe financial problems because, for example, Switzerland is very tied to the dollar and it is unclear if it introduces bitcoin as a payment system, it will be in the last place and with very high taxes.

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sublime5447
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July 08, 2018, 02:16:20 PM
 #769

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
Yes really bitcoin is very helpful for those of us who have insufficient economy with bitcoin can help the economy becomes better. And there are a lot of evidences that bitcoin helps a person's economy get better.
Bitcoin is also not too difficult to be a job, so bitcoin can reduce unemployment in this world.
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July 08, 2018, 02:36:55 PM
 #770

for developing countries I think bitcoin will be one of the alternatives that can be rely on for economic growth this will make the people of developing countries can make new innovations that will create new businesses in the field of crypto.

 
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July 08, 2018, 03:14:55 PM
 #771

for developing countries I think bitcoin will be one of the alternatives that can be rely on for economic growth this will make the people of developing countries can make new innovations that will create new businesses in the field of crypto.
but it can be done if the government with a country like that sometimes very considerate whether it will affect the good or bad, but from myself it is very good applied

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July 08, 2018, 03:21:55 PM
 #772

Seeing the harmful effects that caused some countries to prohibit the regulation. Some countries that prohibit the circulation of bitcoin is included in the category of developing countries. The main reason why developing countries prohibit the circulation of bitcoin because feared citizens who use bitcoin can not manage well so it becomes an opportunity for certain parties to commit crime.
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July 08, 2018, 03:41:15 PM
 #773

I can say that our country is one of those developing country that are not working to bitcoin yet, maybe they now it but they don't act so rude in that place perhaps they are working on their jobs. And I think this is one of the alternative way of earning money while we don't have job here to prevent of losing our payments in anything that we need to pay.

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July 09, 2018, 09:17:19 AM
 #774

I think that with the right approach bitcoin does not destroy the economy of the state, and even promotes its active development. Legislative regulation of the cryptocurrency will allow to ensure their stability and prosperity in the country.

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July 09, 2018, 08:38:14 PM
 #775

I think that with the right approach bitcoin does not destroy the economy of the state, and even promotes its active development. Legislative regulation of the cryptocurrency will allow to ensure their stability and prosperity in the country.
Now no doubt bitcoin is developing more and more, I am sure bitcoin is going to be legal all over the world now, so I am sure after few years will have the most invested and most liked currency by all those countries who has strong economical back ground, I think we should promote bitcoin in our state because it has a lot of benefits and it has all features to be circulate for better development even in the most developed countries.
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July 10, 2018, 07:02:33 AM
 #776

It is very interesting, which country will be the first to introduce bitcoin as a payment system. I think that this should be a country with very severe financial problems because, for example, Switzerland is very tied to the dollar and it is unclear if it introduces bitcoin as a payment system, it will be in the last place and with very high taxes.

Japan already use bitcoin as payment. Beside that germany is first country in europe that allowing bitcoin for payment. In developing country, bitcoin or cryptocurrency still not too popular for payment because government regulation and they dont have good internet infrastructure
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July 10, 2018, 07:42:01 AM
 #777

Developing countries bitcoin will have the same potential and interest of bitcoin investors as the growing dragon in the developing economies we should invest in the crypto market.
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July 10, 2018, 06:57:32 PM
 #778

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?
Based on the law of economics. Cyptocurrency will not effect our trust to money. But it will decrease our trust to bank. That will make
a big effect to their business process.
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July 10, 2018, 07:30:19 PM
 #779

I think that with the right approach bitcoin does not destroy the economy of the state, and even promotes its active development. Legislative regulation of the cryptocurrency will allow to ensure their stability and prosperity in the country.
Many countries are adopting Bitcoin as a form of payment in many services. This shows that the influence of Bitcoin and cryptocurrency is huge. Developing countries in Southeast Asia and Africa have a relatively well-developed and efficient cryptocurrency market.

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BitcoinMarshal
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July 10, 2018, 09:06:53 PM
 #780

There is not good response in developing countries because most of them are trying to ban and very few are allowing and working on this which is good enough but in countries where system is not good and corruption is on full swing they are trying to ban because they don,t want to give more awareness for common peoples and this new technology as its bringing good for all
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