Bitcoin plays a vital role in the economy

[InvestICO2L]

it is possible that bitcoin can be play as important role to help people on the particular countries and currently bitcoin already help people from third countries because usually the people which come from those countries does not have jobs or unemployment and they were seeking new jobs to survive their life and fortunate they were discover bitcoin

That’s right. Bitcoin probably solve many problems related to economy. We all know that it’s not only an extra job but also  an temporary job for almost all people around the world which helps us to earn an extra income and even a big benefit to pay for goods or services in life. I strongly think that bitcoin may partly solve the job for people better than government. Moreover, in crypto market, we know that we are pretty free with what we do, especially government can’t control our money. Thus bitcoin and many more cryptocurrencies deserve have support and it completely play an important role in our life.

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[DiabolicAnt]

It’s questionable... it does affect the economy but we can’t know for sure in what way. I think it’s hard to tell how big is it’s influence.

[Capt00]

The role of Bitcoin in the economy is not so important, it is just an instrument or an economic medium, all dependent on how to use it or operate it, Bitcoin is used to improve the lives of a person so as to lift the economy in a country.

Though it won't contribute a lot into the our economy but it is a big help for everyone to have a good investment and resulting of having a better life. Possible it could be recognized by the people around once government will give full support into Bitcoin and the entire crypto community, and it could build trust from investors to put their money into Bitcoin. 

[Altero]

I think that not yet, it's a perspective tool and it may give a big influence to the world, but currently it is on its "baby stage".

That's right, Bitcoin aren't fully established nor it is accepted the people, it looks like there is a large numbers of people opposing bitcoin as they think that it could ruin our economic system which is not. Anyway, we can't blame them to think like that and force them to believe crypto, the only thing we can do is to continue spreading of bitcoin information's and it's usefulness in the future.

[hibiscus]

Bitcoin is a major crypto currency which is an electronic asset  and can operate world wide for the benefit of the global community..The bitcoin originators intention was to provide a strong currency which can be operational world wide for spending   their daily requirements of the humanity.Bitcoins features are ensuring its credibility for accepting bitcoin as a major investment tool,day trading,Daily shopping and even for the payment of the domestic service bills etc.Due to the above reasons bitcoins are attracted by the global community and hence it plays a vital role in the economy. of a country.

[PerLasz]

It is always like that for bitcoin offers another chance to make the country economy better. It is just about accepting the fact that crypto are on the dealing of risk. Although risky the country should try if they want to take risk in order to have wider opportunity for economic growth.

[ejandjm18]

Bitcoin is the most popular form of cryptocurrency that enables digital transactions between two parties without the need of an intermediary. Every transaction is digitally recorded in blocks which act like ledgers and once a block is filled a new block is created. All blocks are connected to each other using hashtags and a linear chronological sequence of these blocks forms a blockchain. Thus, every transaction is digitally recorded to keep security at a top notch level. Though the transactions are recorded, the information of the parties participating in the exchange is not revealed. The money can only be tracked when it is converted into cash. This public way of managing transactions has created the possibility of a huge revolution in the banking sector across the world.

[Mhd-Bobbi]

But if governments open there eyes and use bitcoin in its positive ways as possible you would be shocked that the third world countries who opens their gates on bitcoin will become one of the best countries we have ever seen.

I agree with this part, if some governments agreed to legalize bitcoin and encourage many exchanges to go to their country, create jobs, engage in partner actions such as construction of more universities and encourage courses in infomatic engineering, support industrialized agriculture projects, support ICOs that have good projects. I mean, this could benefit countries like mine that are third world that need a lot of foreign investment, but the problem is that the politicians are corrupt and they only approve laws that will benefit them and only bring foreign investors that who know that they will give some money to their pocket.

The problem is not in bitcoin, the problem is not in the altcoins, the problem is not in the ICOs, the problem is the people greed and the unwillingness to improve the world where we all live

Yes, you are right
According to government law in their country. they do not legalize crypto currency. because they have made laws according to the currency they design as a means of payment. I think this is just their common sense for their own interests in their government. because there are also some countries that legalize crypto as a means of payment. like in thailand. I am very supportive if all countries receive input from the people as we talked about today.

[no0dlepunk]

Bitcoin should be utilized the way it is written in its whitepaper. It doesn't make any sense if it will be open to the people without letting them know what it really is all about. They will just buy it and curse it once they crashed.

[kisscoin]

I also believe that cryptocurrency can change the financial situation of people! But it is not beneficial to the government, which is accustomed to put the country's money only in their pockets... They're trying to depreciate it, but I believe it won't work. Bitcoin will change our lives or probably already does!

[bitbunnny]

I can't agree that Bitcoin has a vital role in economy. In.fact in most countries it doesn't have any kind of role at all. The reason for that is lack of regulation. To have some impact on economy in particular country Bitcoin should be formaly introduced through legislation and be fully accepted by businesses. I don't see that this is the case anywhere.
At the moment it's only part of unofficial, hidden economy and effects on society and individuals, or even some parts of economis system are not recorded anywhere.

[shushu9977]

Bitcoin opens many doors of new markets, which would affect the economy of a country, the reason why there are some countries who don't like bitcoin because cryptocurrency controlled by no one and because they don't get taxes. But if governments open there eyes and use bitcoin in its positive ways as possible you would be shocked that the third world countries who opens their gates on bitcoin will become one of the best countries we have ever seen.

Bitcoin plays an important role in economy. It creates many advantages and facilities. We know that Bitcoin is controled by no one. If government takes and thinks in positive way, it will be the Number one position very soon. Bitcoin is the most super-crypto-currency in the universe because of it has fast transactions, creating job sectors, plays vital role in economy, most secure, privacy etc.

[Jessica2009]

         I agree that Bitcoin plays a vital role in an economy  in some countries government tries to ban crypto market because they do not understand what is Bitcoin and they doubt because this Bitcoin is a digital decentralized one and no other third party interfere in the transactions of Bitcoin . In developed economy the government agree with the transaction of Bitcoin they open the gates towards crypto world and that country will become one of the most developed country in the world.

[luckyluigi]

Yes, one of the main reasons of negativism towards bitcoin in my country is, that politics would not be able to steal anymore, if bitcoin will take a handle.

[yatogami]

Bitcoin opens many doors of new markets, which would affect the economy of a country, the reason why there are some countries who don't like bitcoin because cryptocurrency controlled by no one and because they don't get taxes. But if governments open there eyes and use bitcoin in its positive ways as possible you would be shocked that the third world countries who opens their gates on bitcoin will become one of the best countries we have ever seen.

Nowadays bitcoin is rather a speculative asset than a way to improve the economy.
Once it stabilizes and is widely used as a method of payment it could then bring positive effects on the economies.
Still, I don't think that third-world countries will be the locomotive of this process, as there are too many problems to be solved in the first place apart from the use of cryptocurrencies.

[Epimetheus]

Bitcoin opens many doors of new markets, which would affect the economy of a country, the reason why there are some countries who don't like bitcoin because cryptocurrency controlled by no one and because they don't get taxes. But if governments open there eyes and use bitcoin in its positive ways as possible you would be shocked that the third world countries who opens their gates on bitcoin will become one of the best countries we have ever seen.

Yes of course Bitcoin play a vital role in the economic. Sometime Bitcoin affects an country economy growth in a positive way and sometime it affects an country economy growth in a negative way. In country like japan Bitcoin work with their government to improve their country economy. Bitcoin support the cashless society agend which ultimately help to built a strong economic infrastructure. Some bitcoin shows its  negative affect on the economic growth of a country due to this reason it is ban in some country. Bitcoin is directly affect an country economy by affecting the their country own currency value.

[safarabela]

Bitcoin opens many doors of new markets, which would affect the economy of a country, the reason why there are some countries who don't like bitcoin because cryptocurrency controlled by no one and because they don't get taxes. But if governments open there eyes and use bitcoin in its positive ways as possible you would be shocked that the third world countries who opens their gates on bitcoin will become one of the best countries we have ever seen.

Bitcoin can help to improve the economy, because bitcoin can provide a nice advantage and is very helpful in realizing a better economy.

[hsyncl]

Within a year at the latest, bitcoin will have a very big prefix for the whole world. People see it as a trick right now, but they will regret it very soon that they do not know the value.

[ovcijisir]

Within a year at the latest, bitcoin will have a very big prefix for the whole world. People see it as a trick right now, but they will regret it very soon that they do not know the value.

It is very optimistic, but we have to wait... I hope you are right about your predictions.

[teleskopta]

Cryptocurrency has become a great market. The boom in the blockchain has made many people investing in stocks invest in cryptocurrencies. The cryptocurrency industry has become a new investment hotspot