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Author Topic: bitcoin in developing countries  (Read 3371 times)
nayeel
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July 24, 2018, 03:50:43 AM
 #841

yes i think btc can help make a developing countries.because so many people get chance for out income in btc per time. so Well the government should not be silent on bitcoin
RandyGamage
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July 24, 2018, 06:14:10 AM
 #842

What we can clearly see is, Developing countries hesitate to accept Bitcoin while western countries legalize and accept bitcoin as a form of payment. And Asian developed countries such as Japan, Korea are also bitcoin friendly countries. Specially Japan is the most bitcoin friendly country in the world.
nightways
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July 24, 2018, 07:36:29 AM
 #843

the situation in developing countries is not positive like China.
Up till now the Bitcoin has gained more popularity and now many other countries where it is illegal are working to make it legal and to bring a proper system to run the Bitcoin in their countries. They made this decision as they are looking at the progress of developed countries where the Bitcoin is legal and is contributing to the success of those countries. Most of the developed countries are tax free for the Bitcoin.
gandhe83
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July 24, 2018, 08:40:46 AM
 #844

If country will be use the bitcoin it will be improve the country growth. But people will be know how to use the bitcoin. It chang the most for the country people future growth. So people hold the bitcoin long time. It any time to invest the price. If people will be growth country also growth. Then easy to improve the business other country people. So bitcoin can to any time. So before use learn the bitcoin information. It good opportunity to improve your life and fulfill your family dreams.
I think countries that are using BTC are mostly developing countries.
By any organization or investor.
Where there are opportunities where there is a lot of money and high profits.
BTC will change most for the development of people in the future. So, people hold long bitcoin time. So, before using bitcoin information find out. It is a good opportunity to improve your life and the whole of society.
btctalk123
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July 24, 2018, 12:41:29 PM
 #845

It is very logical for me that people in developing countries are more open to accept and use bitcoin than the people in poor countries because they are not valuing money so highly and they are not so afraid to lose some of them.

ThorWin
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July 24, 2018, 12:51:23 PM
 #846

In my opinion, some developing countries do not care much about electronic money, they are not capable of managing cryptographic currencies and they are relaxed for business investors. However, they have not yet accepted domestic trading floors
Kirito-kun
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July 24, 2018, 12:53:23 PM
 #847

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
Indeed, bitcoin has a big impact on the economy of particular a particular country, though it has a negative and postive effect but, don't focus on negative effects because being negative minded does nothing. Bitcoin could help especially on reducing the unemployment rate, it could also change the economic status of a person like me. Bitcoin is a thing that could risen the 3rd world country from crisis and all their need is to adapt it in order for them to catch up on higher world counrtries.

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Brama Jasa
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July 24, 2018, 01:22:27 PM
 #848

It is very logical for me that people in developing countries are more open to accept and use bitcoin than the people in poor countries because they are not valuing money so highly and they are not so afraid to lose some of them.

true, bitcoin is more used in people in developing countries, for example dubai, where bitcoin is very fast because many rich people are interested in investing in bitcoin and the amount of investment is not small. and they also rarely experience losses because they are smart people in investing
HasithaM
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July 24, 2018, 01:53:55 PM
 #849

It can mean a risk for them and some trust that it is truly disturbing the financial strength of a nation since it is decentralized government has no influence over it, yet I would it be able to can likewise be an apparatus for advance it could be said that individuals are starting to utilize the framework and gave them the plan to make a benefit out of it.
RockBar0
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July 24, 2018, 10:16:33 PM
 #850

It is very logical for me that people in developing countries are more open to accept and use bitcoin than the people in poor countries because they are not valuing money so highly and they are not so afraid to lose some of them.
BTC is more widely used in people in developing countries, eg dubai, where bitcoin is very fast because many rich people are interested in investing in bitcoin and the amount of investment is not small. And they rarely lose because they are smart in investing. Only in this market succeed.
logan16j
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July 24, 2018, 10:47:14 PM
 #851

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 in the developed world people know very much about bitcoin, the bitcoin market in those countries is also very exciting. You can see that bitcoin is almost a tool used for direct exchange in their countries because of its security. It can be seen that bitcoin is increasingly widespread worldwide but has not been controlled by the government since every bitcoin transaction is an anonymous transaction.
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July 24, 2018, 11:00:34 PM
 #852

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 can actually improve the economy of a country if governments will just accept cryptocurrency in their area, this is the reason why japan is allowing their own people to invest on cryptocurrency.

piter_wip12592
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July 24, 2018, 11:14:46 PM
 #853

Developing countries are very interested in the technology market. And the trend of the world is running the technology so the economy in these countries thrive.
bilyboy
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July 24, 2018, 11:46:32 PM
 #854

I don't think so that it will directly impact to each region economy situation. It is not like 80% crypto investor in a region is all whale, many of us still new or still having small amount of asset. Bitcoin in developing countries definitely not affecting any of group/ region economical situation. But, it is affecting your own personal economical situation.
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July 25, 2018, 11:31:55 AM
 #855

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 is good that other countries which are developing in my opinion are more likely to enter the blockchain and get to know bitcoin Closer by allowing people to use it. It is awesome for me and I really respect those leaders of countries.

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cah ndablek
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July 25, 2018, 03:49:59 PM
 #856

I think the existence of bitcoin is actually very positive impact on one's life so that the government has an important role to give them a sense of comfort when they want to invest and life can prosper in the future.

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rapidleech
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July 25, 2018, 04:26:39 PM
 #857

Bitcoin is becoming more and more popular in the developing world, and I don't think bitcoin will have a major negative impact on the economic stability or development of any country.
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July 25, 2018, 04:35:53 PM
 #858

bitcoin will evolve when there has been an increase in the price of something that will be the gaze of everyone to the hundreds of millions of rupiah. Smiley
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July 25, 2018, 04:51:56 PM
 #859

I would not say that Russia is a country, Ukraine, a developing country, rather vice versa. But bitcoin and blocking technology are very interesting to many and the state is taking the first steps in this.
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July 25, 2018, 05:03:09 PM
 #860

In creating nations, bitcoin could be a piece of their day by day lives since the vast majority of the general population has an entrance on it and they would already be able to pick up information about bitcoin in the surface net. Be that as it may, there is a danger of bitcoin being restricted or getting authorized because of it's notoriety in creating nations. In the event that it will be prohibited, it implies that the administration isn't enabling it's kin to pick up cash from something decentralized, henceforth, not enabling them to acquire a great deal of cash. Furthermore, if bitcoin will be legitimized, assessment will be approached and most presumably of the exchanges will be through bitcoin.
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