bitcoin vs world economy

[napoliground]

If bitcoin starts again to uptrend I will not relate with world economic situation:) I waited too much for uptrend.

[yitzjoe]

bitcoin is still relatively new in the world economy but its work has begun to appear on the surface, he began to improve many fields but not a few who oppose the existence of crypto, if you are still worried about bitcoin learn more about crypto and blockchain that you can later make a handle to start investing or trading in this field

[gambitcoin53]

restricting bitcoin seems to be impossible to this date, it is expanding and growing in numbers of traders and users, if america restricts the use of bitcoin is a bit too late and difficult at the same time, more countries are opening up for bitcoin and blockchain technology and i dont see any reason why a country such as america would restrict it, maybe other communist country can but not america, if america restricts it, it can surely affect the current status on the market, less demands means less expensive, surely it will affect the price.

[spongegar]

I don't see the US actually restrainig crypto currencies but for the sake of argument, let's say it did. I'd think that Bitcoin would plummet because alot of people will dump their holdings. Smarter ones will pick them up and just up and withdraw their holdings in another country by simply crossing the border. I'd think cryto currencies could hold itself well if ever the US bans it.

[Shadon24]

Bitcoins are widely used, with international stature. It can be used to buy a lot of valuable things like real money in some places where they use bitcoin to shop online or use online services.

[jayhawk1]

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

If the US puts restrictions on Bitcoin it will only be effective in their country and not in other countries. Any choice they are making is just for themselves and not for other countries. The only problem is that other countries are fond of following up with what the US does, so it’s likely that other countries can ban Bitcoin once they see that the US has done the same. But let us all just hope that it never going to happen.

[jujurloe]

Crypto development, especially bitcoin has been very rapid for 10 years and this has been done by many people in the world, almost all of its users receive excess benefits or profits from the previous year and this has become a major contribution to the development of the world economy

[mesagrandporrets]

It is still in the early adoption stage and you can do whatever you want to do.

[Hulkkkhogg]

The bitcoins are pretty good and therefore there has to be some different.

[CryptocitySL]

This is a page for the economy. Everyone in the world today is bitcoin. This will strengthen the economy. In some countries, the government has given permission for bitcoins. This is very important to their country. Because bitcoin strengthens the economy. And when the investors invest in it, the economy will come to a better level. It also has a profound impact on the world economy

[ogzramiz]

btc is the sixth largest piece of the world. even this proves how effective it can be in the world. but there is no support other than demand. The power of the dollar comes from the USA. btc does not have this either.

[bigboyd]

bitcoin stands firmly. Today it is growing around the world. These coins make the economy strong in the markets. It is also the reason for the world economic crisis in the world. This has been legalized by the government. Today, bitcoin has been expanded to digital. It helps the world economic situation greatly. It makes the economy of the world stronger by investing in bitcoin in the country. This will bring about the development of the world economy.

[AmandaCherry00]

The stability of Bitcoin has not been proven in the long run as there are many factors impacting on this virtual currency, causing bitcoin values to fluctuate erratically with large amplitudes. Now is no longer a good time to invest in Bitcoin

[Kusnechik]

Bitcoin's impact on the world economy will be felt when its capitalization exceeds the current one by several times.

[alex.ac.ab]

Bitcoin can change the economy, make it more favorable for people, and not for officials.

[Laura45Banks]

Bitcoins are considered small cells in the world economy. And this cell is good, the new economy has signs of development. I think it is important to promote the potential of cryptocurrency in the market today.

[JoeG.Fuller123]

Bitcoin becomes an attractive cryptocurrency. In particular, this attraction increased after Bitcoin became more and more widely recognized in trading activities, online transactions, and business contracts among financial corporations in the world.

[pandanaran]

If it is logic that the world economy with regulations made by large countries for bitcoin such as restricting or banning the use of crypto will have a negative impact on cryptocurrency, this is based on market logic. I think someone has given you enlightenment that at the time of the G20 meeting many countries said neutral and cryptocurrency had little influence on the economy of the country in that country, only 1% of the world economy.

[baddertin9716]

The world economy only affects the price of Bitcoin. In the future, Bitcoin is likely to become the official currency in the economy.

[Eijrafarm]

Bitcoin compared to world economy is only a tip of an iceberg. The over all economy will surely not affected by the threat of up and down trend of cryptocurrency and also of bitcoin as its number one coin. Considering everything then maybe in the next few years we could already compare it.