bitcoin vs world economy

[iv4n]

Many people doesn't understand one country economy, how can they understand global economy, or bitcoin? In this topic there are many comments that doesn't deserve to be here, people just talk random about what they feel about all situation, without any knowledge! Many didn't even try to put some effort in searching about subject they wish to talk about.
Global economy have it's own regulations, while blockchain different ones. How they affect each other is by value and support they have. Are they in war, probably yes. Bitcoin is changing the way people see the money, and what people think about it, how they earn and use it, and that disturbs traditional people.
There is one way, technology way, that answers the question what will happen in the end.

[Reid]

Thereis already a big influence thanks to Japan. Why ask US only? Are you from there or just thinking they are the strongest one who can take bitcoin down?
I dont think so. Even if they are restricting the trades and exchange in US bitcoin is still in a way large of value.
Remember where it came from. $1000 to cents then back again slowly. It took a big hit when people started saying it was a scam and yet it still went up.

[IldarW]

Hi everyone

I'm pretty new to all of this and thinking about buying some bitcoin.

I have some concerns about the world economy influence on bitcoin.

For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?

do you think Bitcoin is strong enough at this point to be self-sustaining?


thanks for the help

Bitcoin is not strong enough if we talk about its price. If US will put restrictions price will drop to the hell and will be there for a long time.

[Chrystora123]

Hi everyone
I'm pretty new to all of this and thinking about buying some bitcoin.
I have some concerns about the world economy influence on bitcoin.
For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?
do you think Bitcoin is strong enough at this point to be self-sustaining?
thanks for the help

I wonder why many people still think that Bitcoin is influenced by the world economy...from the beginning there Bitcoin is stand-alone, by simply relying on the community, Bitcoin succeeded in becoming big as it is today.
so, rising and falling its Bitcoin price is very reasonable, it denotes there are a buying and selling activity of Bitcoin...

[Ibrahim 2020]

Bitcoin is a function of digital money, that is control by blockchain technology community, and have nothing to do with a country economy, rather many people in the world are looking upto bitcoin, because it attract so many people, with out disappointment. Bitcoin is real

[ladydark]

It's true that some geopolitical factors have influenced bitcoin price,but it should also be noted that bitcoin has managed to survive despite strict actions from China against it.

[richardsNY]

I wonder why many people still think that Bitcoin is influenced by the world economy...from the beginning there Bitcoin is stand-alone, by simply relying on the community, Bitcoin succeeded in becoming big as it is today.
so, rising and falling its Bitcoin price is very reasonable, it denotes there are a buying and selling activity of Bitcoin...

In most cases we don't actually know what is pushing the market up or down. The main stream media platforms always point at regulations when the price is going down, but that's something they don't have any actual evidence of. In the last months we have had to deal with so many unfunded news articles meant to spread fud, that people got used to them and now slowly start to ignore that nonsense. Continuously spreading fud only works when the price keeps going down, and when it doesn't, the general market has no urge to sell anything. In the same way these people have become somewhat immune to genuinely good news articles. In other words, we should be, and actually are dealing with a relatively flat market with the usual up and down movements.

[alfs75]

Hi everyone

I'm pretty new to all of this and thinking about buying some bitcoin.

I have some concerns about the world economy influence on bitcoin.

For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?

do you think Bitcoin is strong enough at this point to be self-sustaining?


thanks for the help

will in my own thought bitcoin is strong enough to solve into this differrent kind of issues in the government,especially in this restriction of bitcoin if US decided on it,because my reason is how they cannot survive the cryptocurrency, that in this how many years they operate all over the world and faces many challenge and difficulties but until now,they still stand strong and continue to grow on by promoting growth of economy and social responsibility,so therefore in this small kind of troubled i know that digital currency would surpass all of it.

[danwanyd]

The real reason for bitcoin's popularity is that it is being recognized by many of the world's leading financial institutions as a convertible currency. And the most important way to go about it is that it's being hyped, and its exchange rate against the real currency has soared to dizzying levels.

[CASTIEL05]

Hi everyone

I'm pretty new to all of this and thinking about buying some bitcoin.

I have some concerns about the world economy influence on bitcoin.

For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?

do you think Bitcoin is strong enough at this point to be self-sustaining?


thanks for the help

US is not the only country who holds bitcoin. There are many countries that legalized and regulated bitcoin so far. Therefore, bitcoin does not fall down if it will be banned in other countries because the community of bitcoin is strong. If ever, bitcoin will be banned in all countries of the world, it will go through a black market. Bitcoin can sustain its popularity and for sure, many countries will involve soon as bitcoin will become the trend. Possible fall down? I guess it will not happen in bitcoin.

[Lorence.xD]

Hi everyone

I'm pretty new to all of this and thinking about buying some bitcoin.

I have some concerns about the world economy influence on bitcoin.

For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?

do you think Bitcoin is strong enough at this point to be self-sustaining?


thanks for the help

Bitcoin is an decentralized technology so no one can restrict it but governments can impose regulation on the usage of bitcoin but they can't control the bitcoin.Yes bitcoin will overcome these situations and will get more adoption from people in the coming years so keep supporting bitcoin if you want a decentralized money system in future.

There is no relation between Bitcoin and Economy, Bitcoin as it emphasized, it is crypto digital transaction by the traders or the investors on Bitcoin, yes, Bitcoin price value reacts on trading market investment, or the buying and selling of crypto coin at any given time. In may affect in some way the fraction of financial business individual upon participating the huge invest for Bitcoin, The issue on Regulation about Bitcoin does not correlate in any way about the Economy and Bitcoin. it is a separate entity.

[nara1892]

it will obviously have an impact on bitcoins, but usually not for long
if there is a country experiencing a crisis, and its people divert its currency to bitcoin, bitcoin will rise
and vice versa, if there is a state that limits bitcoin, it will have an impact on the reduction of bitcoin prices
bitcoin could be self-sufficient, but not for now

[jostorres]

Hi everyone

I'm pretty new to all of this and thinking about buying some bitcoin.

I have some concerns about the world economy influence on bitcoin.

For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?

do you think Bitcoin is strong enough at this point to be self-sustaining?


thanks for the help

Congrats for your thinking of buying bitcoin. Please don't wait and act fast. USA and SEC is not at all crypto friendly from the beginning and the crypto community is aware of it. So if USA puts legal restriction over it, it will have a very limited effect internationally. However, it is not going to happen because a large numbers of crypto related business are based on USA only. The government will see a huge revenue loss as well as a lot of people will loose their jobs. I don't think USA will take any such chance anytime soon. So if you are planning to invest in cryptos, go ahead and do it!

This is a very vast market and a lot of currencies and processes of different sources taking place and working here with different rates. Bitcoin is very responsive to the world as it is now popular and the value has increased at this stage so it is a great achievement that made economies better with its investments. Countries using Bitcoin are now at better stages and are known as number one investment in the market.

[gabbie2010]

Whatever decisions taken by these  world leading economies like US, China, Russia, France e.t.c as regards Cryptos e.g bitcoin will definitely have impact on it, recall recently in some Asian countries there many clamp downs, bans, regulations on bitcoin  which affects btc survival and sustainability in those places however the more friendly  those countries are to btc the better as a world leading economies.

[lehuong]

although Bitcoin is growing rapidly but the world economy is not only situated on this only rather  it will take time for Bitcoin to share position in world economy with other economical drivers.

in 2008 we faced the economic crisis of the world and the emergence of digital currency has partly helped the companies have the program to call for capital to participate in the production. Businesspeople also secretly contribute to the renovation of the country

[wuvdoll]

well, I think that in the future, bitcoin will have its place in the world economy. Right now, people try to prove that it is one of the biggest inventions of the humankind. Many of them want bitcoin to be used as the main currency daily. I hope that it will come true some day

It definitely will and with the way things are going, I am sure the place is gradually being fixed as we get to see a lot of news on big investors wanting to come into the space. So far, we have been seeing some interesting development in the space and a lot of enthusiasts springing up with more possibility of us seeing a lot of people using bitcoin as a currency or a safe haven for keeping their funds in the long run where there is a crash in the fiat system.

All these things will count on how bitcoin will evolve but thinking the global economy ruled by the fiat system is going to have an effect ? That is a big NO for me.

[Diced90]

Hi everyone

I'm pretty new to all of this and thinking about buying some bitcoin.

I have some concerns about the world economy influence on bitcoin.

For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?

do you think Bitcoin is strong enough at this point to be self-sustaining?


thanks for the help

good concern but i think this matters less because bitcoin is not pegged to the us reserves or anything for it to have a direct impact on the future of bitcoin, it might have some negative effect on price movements in the short run but all will be restored which is why its decentralized to avoid such hurdles.

[muratdur]

I believe that bitcoin is already unstoppable! And none of government cant deal with it by now. We are the new era adopters.

[batang_bitcoin]

I believe that bitcoin is already unstoppable! And none of government cant deal with it by now. We are the new era adopters.

It's unstoppable because it is decentralized and if the any big country decides to ban bitcoin, who cares? Bitcoin has been widely accepted and most of the people who are using it loving the way on how bitcoin is being used as a coin that doesn't need any information. There will be some third parties who likes to destruct bitcoin because their businesses are being targeted entirely by the new technology that is being adopted by the mass.

[Kalm]

I believe that bitcoin is already unstoppable! And none of government cant deal with it by now. We are the new era adopters.

Economy is important of the country growth. So economy is help to connect the other country business process. It good future saving. Bitcoin is help to people growth. So people will be growth country also growth. So bitcoin can change the country. It good future digital currency. It connect the country. So if need for the country growth check the country economy.