Bitcoin plays a vital role in the economy

[taksrkanah]

Yes, our state government also implements taxpayers for every bitcoin provider, they also plan to apply the same to bitcoin users they just have trouble knowing every bitcoiner and the amount of revenue.
I think the taxpayer is the main thing we need to do to build the state economy and return to consciousness with each other

[VeeraS]

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 not, because after all bitcoin can not change the economy of a country. because the value is so very fluctuative and can not be set by anyone.

[Piggymonster]

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 completely agree with what you say right there, bitcoin can influence the economy specially in the third world countries. I am from a country belongs to the third world and bitcoin really help us specially to the  unemployed people. It helps reduced the unemployment rate here because through bitcoins and ICO, people here have found jobs online and paid by bitcoins.

[mrcash02]

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 completely agree with what you say right there, bitcoin can influence the economy specially in the third world countries. I am from a country belongs to the third world and bitcoin really help us specially to the  unemployed people. It helps reduced the unemployment rate here because through bitcoins and ICO, people here have found jobs online and paid by bitcoins.

That is a good extra income for third world people, good that these people are being benefited from Bitcoin. Now they have the opportunity to save money and use it wisely in the future, learning how to make successful businesses on their countries, consequently improving the local economy.

One of the main problems in these countries is the lack of jobs. Entrepreneurship could be the solution for these people, but it wasn't accessible for them, as it's difficult to save money when you don't have it and the only another option would be to take abusive loans at banks and similar lenders, what is very risky!

Then these online jobs paying in BTCs and Bitcoin investment itself came and helped these people a lot to earn enough money to start their micro businesses, that can grow within time. Consequently BTC will be turned into fiat by these people, helping the local economies to grow strong.

[emmybd]

Bitcoin can play a very important role for the economy of a country. It has already been a very good source of income for a lot of people all around the world. Many governments all around the globe don't like bitcoin, as they don't get taxes. If the governments take bitcoin positively then it would be good for their country.

[SivaSankarSMS]

Good news is that bitcoin's status is increasingly recognizedI'm happy that there are still people who sees the capability of cryptocurrency like I do. Yes, it would definitely impact the economy of a country. So, even with all the issues raised regarding cryptocurrency, I definitely believe that one day, it would be widely accepted.
otherwise The tax is what gives the government income. How can a country's economy change because of bitcoin if they do not impose taxes on people in action using bitcoin in a transaction.

   

[goymas]

yes , Bitcoin plays a vital role in the economy. Cryptocurrencies are disruptive economic innovation that have the potential to revolutionize the current economic structure and change how banks and financial institutions operate. 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.The economic power which lies with the governments and financial institutions is at stake which has made them wary of cryptocurrencies.

[aoihs00]

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.

Government has already opened up their eyes, and when they did they started banning the crypto currency. Because there is valid reason for that, they cant go on tracking each and every transaction that comes out of the crypto blocks. It means people still can hide more than enough funds over their and trick the government. It would be unimaginable how people can transfer millions in second over the international accounts and do the money laundering. So its not like if we started paying the taxes then we are good to go with it.

[reverseflash]

I think that the bitcoin plays not for so much important role in economy as we would like. Very important in technologies and at the level of individuals, but not at the level of the state.

[bitcoinskyrocket09]

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 because bitcoin opens many doors for new markets. It would greatly affect the economy of a country. The one of the reason why there are some countries who don't like bitcoin it is because cryptocurrency is controlled by no one.  And users don't give taxes. But if governments will just open there eyes to bitcoin, and then maybe they will see the so many advanatges of bitcoin.

[samiul12]

Bitcoin is a cryptocurrency, so it has a price. And also in many countries bitcoin is now granted. So it plays not only a vital role but also some day it will control a large number of economy in future.Many people believe that they can change the way through bitcoin in economy.

[budakjawa]

it seems that bitcoin can not be the trigger of the movement of the world economic condition because the current trading volume is not too big, different if it has beat the trading volume of the dollar is certain it can happen.

[kudil]

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 the economic growth of the country not only about taxes bro, don't forget about micro economics and macro economics which very important role in the economy of a country.

Btw, its like my opinion in two month ago but somone explain to me about that and changes my opinion

[chickenado]

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!  it does !  as a whole it can make a big increase in a country's DGP and it can change the lives of the citizens. Here in my country i have seen very poor families that struggles to survive daily that they even have a hard time feeding three times a day..Every things change when they join bitcoin now they are living a more comfortable and productive lives. So bitcoin has really change the financial status of the people and as a whole it makes the economy of a country more productive.

[Cutieh01]

Bitcoin is a cryptocurrency, so it has a price. And also in many countries bitcoin is now granted. So it plays not only a vital role but also some day it will control a large number of economy in future.Many people believe that they can change the way through bitcoin in economy.

Definitely yes, Bitcoin plays vital role in the economy because it gives numerous opportunity to society to earn profits without any taxes required, although government will not really agree with cryptocurrency but I know later that government can realize the good thing brought by bitcoin.

[bitcoinjasensatom]

it seems that bitcoin can not be the trigger of the movement of the world economic condition because the current trading volume is not too big, different if it has beat the trading volume of the dollar is certain it can happen.

Since more people are now embracing cryptocurrency I'm sure Bitcoin plays vital role in the economy, because it bring many opportunity to the society. It open many new door in terms of jobs and potential profit to earn in investing Bitcoin without any tax.

[upinros]

Yes a country's economy can be upgraded with Bitcoin with government records to be 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.Only some people do not pay their taxes when trading Bitcoin and Cryptocurrency which does not mean that Bitcoin affects the economies of the whole country these same people will never pay their taxes when they do other things so the economy not changed because of them.

[fishball]

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.

In this matter, bitcoin helps one's economy indirectly but bitcoin itself does not help at all. Bitcoin users use bitcoin to build their own business/es as part of their investment and with this, they help economy to progress.

[nadbucs]

Bitcoin can definitely turn around the economy but just like others in order to to reach their goal it will require hard word determination and knowledge. More people are now adopting crypto  as investments but in the future when more projects succeed using blockchain technology then there will be a good outcome that users will benefit.

[enthusia]

As far as I know, country's economy are dragging down because of its citizens who doesn't have monthly salary and facing difficulty to make living. Bitcoin provided an innovations for living. As far as it helps that person, the lesser the chance that person will depend on anyone else and that could be helpful to lessen the country's burden towards its people. So, if only bitcoin was welcomed by everyone, it will probably a big help to them and to their country as a whole.