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Author Topic: Does Bitcoin affect world trade?  (Read 1137 times)
jonaire99
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September 12, 2018, 09:09:11 PM
 #241

Bitcoin is not yet widely use in global transactions so it won't affect any global trade. Governments and international traders uses the fiat in their tradings and business transactions instead of bitcoin or any cryptocurrency. There is a need to legalize the bitcoin first in every major countries before it can be utilize it as one of currency for global trade.

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Motokonomo
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September 15, 2018, 08:24:00 AM
 #242

Maybe this could change when the usage keeps growing, and now some African countries making it for their trading needs seems to be the start. They use it, because they need to carry bags and bags of currency as their money is completely valueless. Bitcoin provides with the ease of accessing.
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September 15, 2018, 08:25:56 AM
 #243

Bitcoin does not yet affect world trade, although his quotes are already beginning to be present on major exchanges.

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October 19, 2018, 09:31:23 AM
 #244

while the turnover of cryptocurrencies is not so big, in order to influence the overall economy
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October 19, 2018, 12:02:59 PM
 #245

Bitcoin does not yet affect world trade, although his quotes are already beginning to be present on major exchanges.
someday if bitcoin adopted in international trade and used as payment system replace L/C we will see bitcoin give influence in global trade.


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asayoyaasa
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October 19, 2018, 03:15:51 PM
 #246

I think its has affected world-wide trade. So many whales that joined in this crypto trade, yeah as you can see that dump and pump price supported by whales lol
Cryptocurrencies already traded on meta trade platform, they all paired by usd, It make crypto gain its interested person on it.

This is my main account. My alt account for bounty report in the future >> asa crypto info
DiabolicAnt
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October 19, 2018, 04:44:58 PM
 #247

Now that crypto is nearly forbidden in many countries it seems impossible to be but maybe in future when crypto becomes more accepted everywhere this could happen.

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