Bitcoin plays a vital role in the economy

[Sean25pogi]

In this statement that bitcoin plays a vital role in the economy so does mean that the company of bitcoin is the most demand business in this industry because they can centralize the transaction of the business and also the exchanges of something in the business.

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[ficihch]

Bitcoin is a new currency ecomomic system. Bitcoin is not affected by the exchange rates. In developing countries, Bitcoin is very useful to maintain economic stability. Bitcoin can be main cast in economy in developing countries. It can be solution for the problem economy in develop country.

[tunapa]

I agree with your point. Bitcoin adoption will improve the economy of any country. Its gives more employment opportunity, investment opportunity, good return opportunity, mining opportunity for better profit, the blockchain technology will also be used to improve every sector of governance. These and many more are the opportunities that Bitcoin can bring to an economy

[Polkadott]

The additional additions collected from bitcoin will have a domino effect on government projects that will help improve the economy and people's lives. Once set it will definitely play an important role in the economy because of the taxes that the government can collect

[Sobol101]

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 Bitcoin symbolizes the belief of investors with the world financial. Make financial transactions faster, more transparent and error-free.

[Suprittandon]

Well, according to me Bitcoin plays an important role in the economy of every country that uses Bitcoin. The only reason behind this not to become legalised because no one has the power to make changes in the rules and regulations . If it has become legalised then the government authorities raised a huge amount of taxes from this and economy will become more strong day by day.

[S.R Rikto]

I think. If some governments agree to legalize Bitcoin and many exchanges go to their country, create jobs, work as part of further university building, support industrialized agricultural projects, ICO supports projects that are good, I want to tell countries like me The third world that can benefit greatly, many foreign investment is needed, but the problem is that politicians are poor Affected and they only approve the laws that will benefit them and only bring foreign investors who know that they give some money in their pocket. The problem is not in Bitcoin, the problem is not in the literal sense, the problem is not the IOC, the problem is man's greed and the world does not want to improve

[mrben77]

the study of nature, essence and role of crypto-currencies is a prerequisite for the development of a monetary policy adequate to the challenges of the current stage of financial market development, which is global, unpredictable, unstable and creative in nature.

[jenyAE88]

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

[letua]

Nowadays bitcoiners members increasingly in everyday life. Almost everyday bitcoin and government have gap for there are countries that banned bitcoin. Also there are countries that accepts bitcoin. OnCe government and bitcoin development have a good partnership we will probably witness the beauty of crypto to be more develop.

[-Sinner-]

Bitcoin would be perfect for the people, but not for the governments/banks. If you keep your money in your bank ( or also under your bed, the same thing as you own FIAT), you actually losing like 1-2% year cause inflation.. this sounds good for you? What a wonderful world if Bitcoin would be the only one currency? But this will be so hard, and most of people in the world are stupid and cannot even open a PC.. imagine doing the revolution against the banks...

[fndsr]

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.

maybe it can happen because of the huge results and profits, and maybe many countries are resisting bitcoin for its development because there may be many negative effects that will arise later

[walemil]

Apart from the fact that government sees cryptocurrencies as a threat to fiat currency, government will hardly support anything that it is not making money from. Government would like to get tax on cryptocurrencies but they need to have a regulation in place. That is the only way it can impact on the economy.

[Happy Fun]

I think like that too. Why bitcoin not use in every country in the world? Because it virtual? whereas it can advance the economy in every country in the world. I hope bitcoin can be support by goverment in every country in the world.

[sulec70]

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, that is right. Once bitcoin has been formally accepted legally, it will grow faster and better. I can support the economy of a country. The government can collect taxes from bitcoin transactions that may increase government income. Besides that bitcoin can be used as digital currency and digital asset.As digital currency it will support each other with fiat money while as digital asset, it may become a profitable investment instrument. That is why it plays an important role in the economy.

[mrben77]

It is still unclear whether bitcoin will play the same role in the economy as, for example, gold.

[electronus]

it will make the economy more viable in the face of various shocks, promote fair and sustainable development, giving users the right to play a leading role, thereby strengthening local economic development.

[Firdausiii]

better now to have as much bitcoin as possible. Because I think in my opinion bitcoin could be an important role of the world economy in the future that has started using digital currencies like bitcoin for its main finance

[Catch-22]

Not as vital as it would be if it becomes regulated. Right now, No data or statistics can show how bitcoin affects the economy. People diverting some of their money to invest in bitcoin and some people making a living out of cryptocurrency definitely has some effect.

[Haslett5236]

Definitely bitcoin has been a vital role in the crypto economy as we can see that if the price of the bitcoin went down, the whole crypto market will be affected by it. similarly, when it goes up, a lot of the coins will also increase.