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Author Topic: Bitcoin can change economic?  (Read 858 times)
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May 22, 2018, 10:36:53 PM
 #141

We have seen Bitcoin and people's economic changes in the country. Do you know how Bitcoin is changing the economy? Do people believe that economic changes are possible by Bitcoin? And what will be the impact of Bitcoin economics in the future?


It already changes the economy of different countries today just like other government in their area who does not want bitcoins to circulate on their community because most of the people will prefer to place their money on cryptocurrency more than placing it on banks.
Even now a lot of people including me are agreeing to spend money in bitcoin than placing it in banks.  Everyone now agree on buying bitcoin than putting money as saving for future as they knows it is saving and earning both at the same time,. While using saving as money in banks will grow as nothing and profit will be almost 0% so our societies now need bitcoin to become better and safe as investors.

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May 22, 2018, 10:47:48 PM
 #142

We have seen Bitcoin and people's economic changes in the country. Do you know how Bitcoin is changing the economy? Do people believe that economic changes are possible by Bitcoin? And what will be the impact of Bitcoin economics in the future?


Economy will only change if Bitcoin will be taxed. If people hold bitcoins and do not even care to declare this as their assets then economy will still be stagnant. Growing economy will be reflected by a growing nation, since Bitcoin is a digital currency then it can never be considered as a valuable asset from a country.

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May 22, 2018, 11:00:14 PM
 #143

Bitcoin has given great hope to every wearer of the ease in getting the benefits. and I believe that, if bitcoin will be able to change the economy of its players for the better. all that can not be in doubt. countries that have legalized Bitcoin will also be a developed and developing country.

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May 22, 2018, 11:45:22 PM
 #144

We have seen Bitcoin and people's economic changes in the country. Do you know how Bitcoin is changing the economy? Do people believe that economic changes are possible by Bitcoin? And what will be the impact of Bitcoin economics in the future?


Economy will only change if Bitcoin will be taxed. If people hold bitcoins and do not even care to declare this as their assets then economy will still be stagnant. Growing economy will be reflected by a growing nation, since Bitcoin is a digital currency then it can never be considered as a valuable asset from a country.
I believe so.But it would take a long time to make this happen.As long as people are now gaining an income out from these cryptos that made the rate of unemployed people lessen,then hopefully in the next years our individual's economic will increase.Poverty will soon to be minimized in the country and with the further existence of bitcoin and its users,i think it will lead to a more positive result in the country's economic.

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May 23, 2018, 12:02:15 AM
 #145

I think bitcoin will not change the economy. Bitcoin is just a digital coin. Bitcoin is not an international currency. Many governments are stifling the development of bitcoin.

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May 23, 2018, 12:09:10 AM
 #146

as in my country, for them krypto can also help the economy of our society better than before, because for them krypto is also easy to use to get the benefits.

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May 23, 2018, 02:04:01 AM
 #147

there are some countries that are already doing the legality of bitcoin and in the country proved to be a change. in my country there is a big impact from the presence of bitcoin. making people have new jobs to do
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May 23, 2018, 02:28:42 AM
 #148

I think it has an impact but not directly to the economy but for the people of the country to use bitcoin for their own advantage. It can be a tool to somehow save yourself for being unemployed by taking the opportunity given by bitcoin or cryptocurrency in general. Many people here are now aware of the existence of btc and still the number are increasing each day because of the hype of cryptos that you can make money through it. Its just sad that some people dont even think the significance and purpose of bitcoin and just go with the flow in the current trend without proper knowledge.
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May 23, 2018, 03:10:35 AM
 #149

We have seen Bitcoin and people's economic changes in the country. Do you know how Bitcoin is changing the economy? Do people believe that economic changes are possible by Bitcoin? And what will be the impact of Bitcoin economics in the future?

perhaps bitcoin can change first through its citizen, reducing un employed and helping those who have no jobs at all. those who earned bitcoin can help their comminuty create a job for them and the cycle goes on its like paying good out of the good things they recieved..bitcoin can help each one make their dream come true.

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May 23, 2018, 03:45:57 AM
 #150

Of course, but bitcoin is not a major factor in improving one's economy, because not everyone knows and uses Bitcoin. But bitcoin makes new work for its users, so do I.
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May 23, 2018, 03:51:01 AM
 #151

We have seen Bitcoin and people's economic changes in the country. Do you know how Bitcoin is changing the economy? Do people believe that economic changes are possible by Bitcoin? And what will be the impact of Bitcoin economics in the future?


Economy will only change if Bitcoin will be taxed. If people hold bitcoins and do not even care to declare this as their assets then economy will still be stagnant. Growing economy will be reflected by a growing nation, since Bitcoin is a digital currency then it can never be considered as a valuable asset from a country.
Tax is the a way that people contribute for the development of the economy of one country.  As high the earning of bitcoin,  it is the responsibility of the society to pay the right amount of tax because there will be no development if we cannot help each other also it is for our own good and the country. 
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May 23, 2018, 04:14:34 AM
 #152

Bitcoin can make changes but it is not totally change of the economic but the possible flow of the economics only because it can implement the blockchain which can make the transaction safer and transparent at the same time which is a great thing to have for a transaction system which people can check if there is a fraud or not.

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May 23, 2018, 04:19:08 AM
 #153

We have seen Bitcoin and people's economic changes in the country. Do you know how Bitcoin is changing the economy? Do people believe that economic changes are possible by Bitcoin? And what will be the impact of Bitcoin economics in the future?


Bitcoin is a good way to change someone's life. In terms of changing the economy of one country, there may be a little impact because only few people in one country are involved in bitcoin. Likewise, crypto currencies are not regulated by government meaning, there is no contribution in terms of taxation. Unless, people are paying tax from the crypto they gained.

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May 23, 2018, 06:15:25 AM
 #154

I dont know if bitcoin will change the economic state of a country.As of now in my country they accept bitcoin in the Economic Zone.If it does harm then why those private sectors embracing it?Then for sure the government is fully aware of existence of bitcoin but they dont take actions unlike other countries who banned bitcoin.
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May 23, 2018, 06:20:40 AM
 #155

Even if bitcoin does not become a currency for everyone to use and understand, it will still affect the world economy. If bitcoin became widespread, respected and legal, it would force everyone - all central Banks and Banks - to reduce their costs to remain competitive.
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May 23, 2018, 06:23:36 AM
 #156

because a lot of anthusiast bitcoin can change economic, it will definitely serve as alternate currency/asset for a long time.

It encompasses all activity related to production, consumption and trade of goods and services in a country.
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May 23, 2018, 06:31:04 AM
 #157

We have seen Bitcoin and people's economic changes in the country. Do you know how Bitcoin is changing the economy? Do people believe that economic changes are possible by Bitcoin? And what will be the impact of Bitcoin economics in the future?

I think for all the people have not been able to help its economy, because there are still many who do not know about bitcoin.
but for me, bitcoin is a tool that can turn me from poverty to simple. can change from unemployment to having a job.
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May 23, 2018, 07:56:47 AM
 #158

I think it is depends on what country's the bitcoin developed. We have more opportunities that makes our economy to change. Bitcoin serves us a new bridge into another point that helps us and our economic growth, eventhough this is not totally link on the other countries people makes a step to being this changes in the whole world.

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May 23, 2018, 08:07:35 AM
 #159

We have seen Bitcoin and people's economic changes in the country. Do you know how Bitcoin is changing the economy? Do people believe that economic changes are possible by Bitcoin? And what will be the impact of Bitcoin economics in the future?

I think the bitcoin only changes the individual economy because the ones using bitcoin will gain enormous profits and change their lives from poor to rich
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May 23, 2018, 08:59:06 AM
 #160

one of the things about the effects of bitcoin on the economy is that people can buy product goods and services with cryptocurrency,
and the impact of bitcoin in the future is the possibility of adopting its bitcoin in most of the world's nations because of its existence which began to be count in the world economy
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