Bitcoin plays a vital role in the economy

[AntonGrishko]

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.

[Choyor]

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.

[michellee]

People are wrong if they think governments cannot impose tax business entities that accepts bitcoin. Another thing some people believe is that bitcoin can play a vital role in a country's economy and that it can make third world countries into the best in the world.   

Although it can be used but it will be difficult to implement and do, you know that bitcoin is anonymous, how people can pay taxes correctly? if the government does not know how much assets they have, how many bitcoin addresses they have, for now little difficult to implement tax on users..

yes, I agree with you, I think the government still confuse to know who have bitcoin in their wallet. besides that, maybe the government will make some regulations and they will ask all bitcoin user to register in their regulations so the government can watch who is the owner and how much they have bitcoin so they can implement a tax for them. but this will difficult since I don't think that every bitcoin owners want to register or telling how much bitcoin they have to the government.

[jonaire99]

Bitcoin plays a vital role in the economy , because bitcoin could really help the needy people , the bitcoin can help the countries economy especially to the jobless citizens, bitcoin can offer good things to those who want to join the bitcoin organization and like to earn without investing.

There is no doubt that bitcoin role will boost some sectors in the nation's economy and it would help a lot of people when a government finally legitimized bitcoin in their country. The bitcoin economy is big and many people will benefit from it if they know how to use bitcoin properly. But those countries that are planning to allow the use of bitcoin in their economy will have to deal with bitcoin's high volatility and rapid fluctuation.

[Makka]

Bitcoin may help a country's economy but not to the extent that it will play a leading role as a country's own currency needs to be the one that is enhanced and utilized. A country can do tax bitcoin through its exchanges.

[Morgann]

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 bitcoin plays a vital role in the economy, most of the people today are placing money on the banks but as soon as bitcoins become popular then most of the people prefer to invest on cryptocurrency more than placing their money on the banks and government soon to feel some the changes on their funds since they are getting it from the taxes.

[jayyen]

This is very true because all altcoins are traded against either BTC or ETH so any change in their prices affect the price of all other coins.so btc actually has effects on the price of coins.So it affects the economy greatly.

[pernah ada]

perhaps bitcoin becomes an important role in the country's economy if the government accepts or legalizes bitcoin. if in the family, bitcoin has become a very important role in the economy, if they play a role in bitcoin.

[Elrozaq]

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 Government considers very high bitcoin prices while difficulties with bitcoin taxes, so the government needs time to accept bitcoin.
Bitcoin is not a fiat currency with a legitimate status in any country, but it is often still bound by the tax liability rules regardless of the medium of money used.Government should accept bitcoin to take taxes. That's in my opinion.

[hsyncl]

For the moment, maybe it does not have a very big role, but in the near future, the economy will be in a position to give direction. It really has a lot of potentials, but most people do not realize it.

[LuciferEveningStar]

For the moment, maybe it does not have a very big role, but in the near future, the economy will be in a position to give direction. It really has a lot of potentials, but most people do not realize it.

Bitcoin does always have the vital role in every countries economy because most of the people who are earning cryptocurrenncy are becoming rich by just investing a decent amount in the market and start trading, so we can say that cryptocurrency is one of the way in order to be financially stabled.

[$anounimus$]

it seems that bitcoin can not be a vital influence to the existing economy because I see the world economic conditions are very large and bitcoin can not yet if to affect the world economy, maybe bitcoin should be equivalent to the new dollar circulation could affect the world economic conditions.

[btcblockchain]

In Japan bitcoin drive good figure in Japanese economy and even in Russia as well so bitcoin is economy booster and Malta is most user-friendly country for blockchain asset followed by Gibrator so many country are adopting blockchain to improve their economy

[icoprofits]

in the coming future, the financial world will see the important role of bitcoin and other cryptocurrencies role in the economy and it is positive move with the help of Bitcoin we can expect more jobs and business and profits for country economy

[carcas]

Yes I think so. bitcoin can be used for state income in the presence of tax in each transaction using bitcoin. seen from bitcoin enthusiasts every year, bitcoin has increased daily trade volume. can imagine how much tax revenue in a year if the state implements tax rules in every bitcoin users.

[seven2smoke1]

in the coming future, the financial world will see the important role of bitcoin and other cryptocurrencies role in the economy and it is positive move with the help of Bitcoin we can expect more jobs and business and profits for country economy

Exactly, the importance of the cryptocurrency it's too high for our world, especially in this generation and the next one. Bitcoin and generally cryptocurrencies can help a lot the economy of some countries, also it help people to make an extra money, so poorer people can get at least the chance to get some bitcoin and live. I think if bitcoin will be supported for more than 80% of the countries of the world, it will be awesome, bitcoin value will be so high and we can expect from this time more job and business.

[bitzizzix]

Bitcoin plays an important role in the economy that he thinks is very true, and many people have been helped in economic matters with bitcoin and in any case that is included in financial matters.
and bitcoin can make them better and their lives make better than ever.

[weeklyeth]

even though bitcoin is speculative in nature still the demand for bitcoin and concept behind Bitcoin has a tremendous response all this leads to growth in economy

[maloibtc]

Crypto currency bitcoin appeared in 2008. It was considered an alternative to the existing banking system. This was the first decentralized means for making money transfers, without the control of the state or private organizations. But in the early stages of development, bitcoin was not sufficiently in demand by users. Businessmen and investors were not interested in the novelty, considering it a strange development - useless and hopeless. Those few who prophesied bitkoin great future, often ridiculed. At best, they were called dreamers and optimists.

[BurakXel]

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.