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Author Topic: Does Bitcoin affect world trade?  (Read 944 times)
Watukali
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August 22, 2018, 08:03:26 PM
 #161

it certainly affects world trade even the economy is also affected by bitcoin
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PlusOne88
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August 22, 2018, 10:07:25 PM
 #162

An indirect effect maybe possible as people who spends on bitcoin may no longer spend for other related things. Trading bitcoin might also be possible in the future but as of now I never heard of it. It maybe because bitcloin had something to do with hiding actual users or anonymity which might be crucial when dealing in international trades.

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beverly788113
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August 22, 2018, 11:15:58 PM
 #163

An indirect effect maybe possible as people who spends on bitcoin may no longer spend for other related things. Trading bitcoin might also be possible in the future but as of now I never heard of it. It maybe because bitcloin had something to do with hiding actual users or anonymity which might be crucial when dealing in international trades.
I think bitcoin can only affect the crypto market and can not possibly affect the world market, you can see that bitcoin prices are fluctuating constantly and it is hard to predict, the market is in cycle down in the long run and total market capitalization of only $ 200 billion. With such a low capitalization, bitcoin will not be able to affect world trade, so I believe that at this point you should only invest in bitcoin at this point.
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August 23, 2018, 02:01:14 AM
 #164

Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries?
And will it be in the future?
I have read, if in China all traders who use large-scale funds use bitcoin as their payment method.
jack wira
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August 23, 2018, 02:18:41 AM
 #165

Secara tidak langsung coint dan sebagainya akan mempengaruhi ekonomi dunia..ane sangat yakin.. perkembangan dunia saat ini sangat tergantung kepada zaman digital seperti criptoccurency ataupun blocchain yg memang di butuhkan oleh perkembangan zaman.

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August 23, 2018, 05:06:52 AM
 #166

it looks like bitcoin hasn't been able to give a definite influence on world trade, because bitcoin is still not acceptable in all countries, when all countries have received bitcoin transactions, it can have an effect on world trade.
bajigur894784
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August 23, 2018, 05:15:00 AM
 #167

Until now, I have not heard about trade between two countries that use bitcoin. But, I think, in the future, bitcoin will increase global access to trade and can help international trade to continue to grow because, with Bitcoin, all payments in the world will can be operated fully, Bitcoin allows any bank, business, or individual to send and receive payments securely anywhere at any time.
jcarlo
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August 23, 2018, 07:18:09 AM
 #168

Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries?
And will it be in the future?

I am believe every country still using their own currency for internation trade. Bitcoin can be a global currency like gold but i dont think government will using bitcoin for international trade because government still not regulating bitcoin or cryptocurrency

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August 23, 2018, 05:44:20 PM
 #169

it certainly affects world trade even the economy is also affected by bitcoin

The economy affects Bitcoin much more here. You have probably mentioned that BTC holders and investors are mostly people from the counties where people have the better life.

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junglist.massive
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August 24, 2018, 10:08:16 AM
 #170

I think the process will be more convenient maybe because we no longer need to use our money to transfer. And we can also exchange some bitcoins into money which is much easier for now.
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August 24, 2018, 10:13:43 AM
 #171

bitcoin in international trade you heard of a trade between countries will it be in the future is unlikely that countries are going to use bitcoin to settle trades among them, that will basically be an endorsement to bitcoin and in a way they will be recognizing as well that they do not trust each other with their currencies and they prefer to choose a decentralized currency instead, so really think that we are not going to see such a thing in our lifetimes....
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August 25, 2018, 05:37:20 AM
 #172

Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries?
And will it be in the future?
Maybe one day bitcoin will be able to trade in every countries. But right now isn’t a very good way to trade in all countries because there are some countries that still don’t accept bitcoin.
bohr
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August 26, 2018, 04:17:18 PM
 #173

it certainly affects world trade even the economy is also affected by bitcoin
No not yet, bitcoin is without a doubt starting to being noticed by the world and they are understanding that it will become a force to be reckoned in the next decades but it is still too young to affect the market as much as people think, but do not worry that time will come, just make sure to have enough money invested in bitcoin when that time comes.
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August 26, 2018, 06:56:28 PM
 #174

I think bitcoin (or its variant) that would have a very important role to play in international trade, once we are past this friend or foe phase with governments, financial institution and regulators that we are going through.When economists, bankers and the regulators can agree on the importance of a worldwide cryptocurrency like Bitcoin - trade will change.
Bitcoin was forged in the fires of economic uncertainty, It was created in direct response to the shortcomings of the traditional financial system. It makes sense then that any event that highlights the potential vulnerabilities of a national currency also tends to magnify the strengths of a borderless currency such as bitcoin.
samcrypto
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August 26, 2018, 07:22:15 PM
 #175

I think the process will be more convenient maybe because we no longer need to use our money to transfer. And we can also exchange some bitcoins into money which is much easier for now.
This can help businessman or even ordinary people to trade around the world easily. If the government support this for sure it can affect the world tradet because people are love using this technology but we are experiencing a negative support from our own government so hopefully we can have a clear situation about this one.
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August 26, 2018, 08:27:58 PM
 #176

Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries?
And will it be in the future?
I have not heard this and I think that with bitcoin it will definitely not be. We heard that Ripple want to implement interstate payments. Perhaps they will succeed, because behind this coin there are banks.

alp
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August 26, 2018, 09:20:04 PM
 #177

Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries?
And will it be in the future?
No unfortunately or fortunately I have not heard of such an opportunity or service. As far as I know, bitcoin is not used by banks. Perhaps other banks will implement this, but for now.....

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Escan0r
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August 26, 2018, 09:23:27 PM
 #178

Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries?
And will it be in the future?

Little by little it might give effect to world trade. Because every day bitcoin is always trading and will have an impact for the future. I hope that will produce positive results.
Kokoy
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August 26, 2018, 09:30:38 PM
 #179

Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries?
And will it be in the future?
First thiings first, upon entering into this kind of industry we are into, we are all aware that this type if currency was already widely used by many people belonging in different countries worldwide so that possibility for two countries to do have trading in between them was already possible at the very first place because even blockchain was not yet formally being introduce, we people have already making such tradings not just in terms of money but also with products for the sake of fulfilling the needs of our economy so I bet, the possibility was already wide open ever since.

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August 26, 2018, 09:51:53 PM
 #180

Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries?
And will it be in the future?
I have not heard this and I think that with bitcoin it will definitely not be. We heard that Ripple want to implement interstate payments. Perhaps they will succeed, because behind this coin there are banks.
Of course, crypto will affect World Trade but we cant feel it cause it is just a little percent we've been contributed into it. And still a lot of people engage on local stock exchange than of crypto.



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