Gagalnuyul
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May 01, 2018, 04:55:55 PM |
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"You Asked For Change, We Gave You Coins" -- casascius
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Pyzugs
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May 01, 2018, 04:59:12 PM |
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i thing bitcoin plays a vital role in a country economy, because it open up global market to that nation economy.
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kapustin
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May 01, 2018, 05:12:27 PM |
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I wish that the leader in developing countries could understand the benefits of bitcoins. But sadly they are concerned about their own interests and promote projects which give them some commission.
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reliable
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May 01, 2018, 05:15:40 PM |
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Not every country is going to accept it and many might even ban it thus only few countries which has or will accept it may treat it as an alternate payment method and can introduce or accept in entire country as a payment mode. |
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bitbunnny
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WOLF.BET - Provably Fair Crypto Casino
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May 01, 2018, 05:38:27 PM |
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Just the opposite, currently Bitcoin doesn't have some significant role in official economy. The reason for that is the fact that in most of countries Bitcoin isn't regulated and officialy recognized so the money flow that goes with Bitcoin isn't registered and counted anywhere in state economies.
So the economic effect of Bitcoin whether for individuals or some rare companies that use it limited for them only without any impact on the economy of state. Hope this will change in the future but for that we have a long road to go.
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pekcoin01
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May 01, 2018, 06:13:40 PM |
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The Crypto money market is one of the big stock exchanges. It is a market where there are huge investments of money. A popular stock market world where large amounts of money come in and out and prices are constantly changing.
With Bitcoin this market came into our lives. The contribution you make to the economy can not be denied.
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Liaalif
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May 01, 2018, 06:22:59 PM |
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I do not feel that bitcoin has an important role in the economy, since bitcoin is only able to absorb 1% of state finance. so I think bitcoin does not play a role in economic growth
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EvgeniyWorik
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May 01, 2018, 06:40:44 PM |
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At the moment, bitcoin does not play any role in the world economy. But the potential of crypto-currency is not yet disclosed and the developed countries understand this and begin to look for ways of implementation. Today, the Crypto currency accounts for only 2% of the GDP of the world economy. Still ahead, friends  |
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Barbarian
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May 01, 2018, 07:51:56 PM |
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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 is great we all know that but bitcoin does not open the doors to new markets right now it is only opening the door to one market, the market of cryptocurrencies, I have a very strong faith that bitcoin will eventually become an important part of the economy but right now that is not true. |
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Doge dealer
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May 01, 2018, 08:52:44 PM |
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this is very true especially in third world countries because what this will do is inject fiat into the economy which would mean that business would be able to make more money as people would have more money to spend and this would stimulate economic growth because among other things government would collect taxes from these transactions that would now arise. monies could also be used to open new business which would reduce the unemployment rate , which would remove some strain from the government to care for the unemployed so this situation can easily be turned into a win win win situation for all involved.Bitcoin can definitely turn around the economy but just like everything else that produces good fruit it will require hard word determination and education.
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Veterock
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May 04, 2018, 03:46:51 PM |
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These are all fairy tales) Bitcoin doesn't have much influence on the economy at the moment) Because too few large operations are performed using bitcoin
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Baimovic
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May 04, 2018, 03:58:30 PM |
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difficult to control or they do not get taxes, I think that is not the main factor the government bans bitcoin. even because of bitcoin volatility, governments can take huge profits, and even if bitcoin is adopted and then make positive regulation, so, bitcoin will have a significant effect on a country's economy.
but their main reason is bitcoin as a big threat that could disturb the stability of their currency.
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icaica22
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May 05, 2018, 03:15:58 AM |
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I agree with this section, if some governments agree to legalize bitcoin and encourage many exchanges to go to their country, create jobs, engage in partner actions such as the construction of more universities and encourage courses in infomatic engineering, support industrial agriculture projects, support ICO which has a good project. and the economy of a country can be increased by bitcoin with government records being able to accept bitcoin and legalize bitcoin and impose a tax on bitcoin users in trade or investment or transactions. It is this tax that gives the government income. How a country's economy can change due to bitcoin if they do not impose tax on people who act using bitcoin in a transaction.
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Seeker#9
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May 05, 2018, 03:36:31 AM |
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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.
This vital role will only realized if a government legalizes bitcoin and allow it to be one of their legal tenders. The mass adoption of bitcoin into mainstreams will also help improve the economy of a country. Japan for example allowed bitcoin to be used to lurchase any kind of goods whether it online or offline. Taxes from bitcoin and other cryptocurrencies are becoming one of the main contributors to the government coffers. |
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iqlimasyadiqa
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May 05, 2018, 03:40:47 AM |
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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 we must continue to put pressure on the government that Bitcoin is a viable financial system to use. the development of the times that slelau demanded the advancement of technology will definitely require a much more sophisticated system. It also applies to the financial system, should Bitcoin and cryptocurrencies be well received. if we unite and vote then I am optimistic that the government will open up and ultimately acknowledge the benefits provided by cryptocurrency. |
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bce
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May 05, 2018, 03:42:59 AM |
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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.
I think that's what all bitcoin investors want in every country, the government protects bitcoin monitoring and development so it creates good cooperation between bitcoin and the government of a country |
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Golftech
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May 05, 2018, 04:32:50 AM |
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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.
I think that's what all bitcoin investors want in every country, the government protects bitcoin monitoring and development so it creates good cooperation between bitcoin and the government of a country If this will continue then those who are not really aware with how bitcoin will works will be noticed, many government really don't believe with bitcoin capability, if they will just open their minds and look with possibilities, the potentials where bitcoin can deliver will be in the positive ways, bitcoin can be use in a wide transactions and can be quick and easy, they just needed to supply implemented rules from each countries that they've handled. |
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ujjwalsethi
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May 05, 2018, 04:40:08 AM |
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Yes Bitcoin plays a very important role in the economy as other ways of investment plans for the common people now a days have become diminished as bitcoins have taken over that ways of investment. There is much more profit by investing in bitcoins so people are running behind bitcoins and it is playing major role.
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Kolly
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May 05, 2018, 04:48:03 AM |
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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.
Willingness of bitcoin users to tax their income with bitcoin would definitely have an impact on the economy but i believe the economy would still benefit even if they would not declare their income on their ITR's. People who succeed with bitcoin would have a greater buying power and this scenario would somehow affect the economy as a whole. |
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Indrawan77
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May 05, 2018, 04:51:51 AM |
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Bitcoin does open a new opportunity for people to earn and increase the people's economic, if it is used properly then for sure bitcoin is a very useful thing, but it gives more advantage for the people than the country, I think the best way to balance this is to regulate crypto, at one side the government got the income tax the other side we can easily used btc for transaction
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