Bitcoin and Economy

[zero9119]

When the time comes if there will be more people in a country will engage in cryptocurrency, I think that the government of that country will study and implement taxes in cryptocurrency and those taxes will help the economy.

Many countries have accepted Bitcoin and cryptocurrency in their transactions and payment services, suggesting that these countries are beginning to see the effects of crypto in their lives and that these are very positive signals.

[irinna]

The world is now moving to virtual and every international marketplace going to be dependent on bitcoins. Clients and workers use bitcoins for paying and buying. So I think there will be more people using bitcoin in the recent future .So bitcoin and economy are interrelated. So  government will have some measures, perhaps first to tax the exchange, and then tax your encrypted money purse

[aeternus]

Possibly cause something bad in the economy of some countries, in Venezuela you can see the use of cryptocurrencies, but in any case that was the best option that could be taken with the situation facing that country

The situation in Venezuela is desperate people there are doing all they can just to survive, the policies of their government have been a disaster for their country that was relatively well before socialism took over I just hope this is a lesson for all of us, communism and its small brother socialism are not viable in the long term, but at least we have some proof that in the case of a crisis bitcoin will be used by the population so they can save themselves.

[Tuyul_Dollar]

Bitcoin is closely related to the economy, let alone the economy that concerns a government or a country. Bitcoin can make the economy of a government or a developing country if bitcoin grows rapidly. Therefore, this development must be accompanied by cooperation on both parties.

[jermainephoe]

The government will take measures to get taxes, and they can tax the way you taxed the exchange or store your bitcoin. Tax is necessary for the development of society.

[Mhd-Bobbi]

We all know that the development of a certain country comes from the taxes of its citizens, and we all know people who engage bitcoin don't pay taxes to the government, what will happen to a country where 80% of its citizens engage in cryptocurrency?

There is a big possibility that this things might happen In the future because bitcoin is growing faster and very known today.

If in a country 80% of its citizens are involved in cryptocurrency. Then it should be taxed. So the government in this country can legalize the circulation of bitcoin currencies. Therefore, the Government can legalize these bitcoin currencies with many needs. I strongly agree.

[junglist.massive]

I don’t think it will happen, 80% is a lot even if everyone goes for cryptocurrency paper money will be forgotten.
In cryptocurrency no one can guarantee a bright future and get monthly payments on a regular basis. Most people will think about the work they’ve been in for years to keep their monthly economic stable rather than trusting cryptocurrency and leaving their jobs.

[aeternus]

We all know that the development of a certain country comes from the taxes of its citizens, and we all know people who engage bitcoin don't pay taxes to the government, what will happen to a country where 80% of its citizens engage in cryptocurrency?

There is a big possibility that this things might happen In the future because bitcoin is growing faster and very known today.

If in a country 80% of its citizens are involved in cryptocurrency. Then it should be taxed. So the government in this country can legalize the circulation of bitcoin currencies. Therefore, the Government can legalize these bitcoin currencies with many needs. I strongly agree.

Very few countries if any are going to reach that kind of acceptance, only the richest countries could afford that but we will need to ask ourselves how it will be possible for those rich countries to continue to be rich when most of their economy now is running in a currency they have no control over? And that even if they try to regulate it they have no way to enforce their rules.

[AbuSarap1]

Economy is fundamental of the country advancement and it interface the all country business. In any case, economy isn't cash. If necessity for the other country improvement information. Economy is help to collect other country improvement. So if economy will be advancement country will be improvement and business in like manner make strides.Otherwise, Bitcoin is future modernized money. So it wherever to use. It accomplish the all country. It help to people advancement and country improvement. Bitcoin is interface the other country people so normal to gather other country crucial.

[bsce1-1]

The world is currently moving to virtual and each global commercial center going to be reliant on bitcoins. Customers and specialists utilize bitcoins for paying and purchasing. So I think there will be more individuals utilizing bitcoin in the ongoing future .So bitcoin and economy are interrelated. So government will have a few measures, maybe first to charge the trade, and after that expense your encoded cash handbag

[siracunas]

Clients and pros use bitcoins for paying and acquiring. So I think there will be more people using bitcoin in the progressing future .So bitcoin and economy are interrelated. So government will have a couple of measures, perhaps first to charge the exchange, and after that cost your encoded money satchel. The world is as of now moving to virtual and each worldwide business focus going to be dependent on bitcoins.

[dublados]

So bitcoin and economy are interrelated. So government will have a few measures, maybe first to charge the trade, and after that cost your encoded cash handbag. The world is starting at now moving to virtual and each overall business concentrate going to be subject to bitcoins.Customers and aces utilize bitcoins for paying and obtaining. So I think there will be more individuals utilizing bitcoin in the advancing future .

[dificanovi]

We all know that the development of a certain country comes from the taxes of its citizens, and we all know people who engage bitcoin don't pay taxes to the government, what will happen to a country where 80% of its citizens engage in cryptocurrency?

There is a big possibility that this things might happen In the future because bitcoin is growing faster and very known today.

I strongly agree that people who use bitcoin have to pay taxes on the state for development, but what I worry about is bitcoin tax money misused by the state or in corruption by high-ranking state officials.

[PIR]

There is always been a strong connection between the income of the people and the success of the economy... regardless if it is bitcoin or not there is always a relation between these two whenever people in each country grows in their finances and gives back to their government what is due to them by giving their taxes faithfully and if the people in the government do not spoil it or corrupt it then the economy will rise to its stardom and many new things will happen and come up in the socioeconomic of the country.

[megatrix]

I think if ever that is the case that 90% of the population is on crypto currency specifically Bitcoin, I think the government is smart enough to legalized it or at least have some regulations around it to protect their people as well as to be able to put taxes on it so it can help the country as well.

[Marlo0619]

Bitcoin and economy is a great team. Why I say so? Because think of this, bitcoin helps people to have an income or in short, to help people become rich people. To make their lives better than before. And that is why it helps the economy because it helps the people who lives in it when they use cryptocurrencies like bitcoin. Then the economy helps bitcoin because without the economy or without the people who will use it. Then bitcoin will never work to help people.

[Allura74]

We all know that the development of a certain country comes from the taxes of its citizens, and we all know people who engage bitcoin don't pay taxes to the government, what will happen to a country where 80% of its citizens engage in cryptocurrency?

There is a big possibility that this things might happen In the future because bitcoin is growing faster and very known today.

I strongly agree that people who use bitcoin have to pay taxes on the state for development, but what I worry about is bitcoin tax money misused by the state or in corruption by high-ranking state officials.

I think even though we have not directly pay taxes to government with our income from bitcoin but still its helpful to the economy in different way, people who have income from bitcoin can now buy things, goods and services they want and that is where the government can get taxes from the establishment that are selling those goods and services, because if government interfere bitcoins through taxation then its decentralized form will vanished.

[nyerok]

I think there will be more people using bitcoin in the future. Because bitcoin can help world economy with invest and you can learn first how to trade then after you can do it you will have a big profit

[PlusOne88]

I think it does not give as much impact if people involved in cryptocurrencies will not pay. There are many sources for taxes aside from cryptocurrencies. It will be just a bonus point if taxes will be paid when holding coins. Since we are talking about money in a cryptocurrency form, holding coins is just like saving money. Do people pay taxes when saving money in a bank? Well I don't really know much about it but I know that when we do hold coins we get paid an interest. So I just thought this idea may be similar holding cryptocurrencies.

[Eva Ren]

Future is too unclear to be seen and predicted. Therefore, I prefer to build a well-diversified portfolio based on your risk preference and investment goals. And it should include different assets among which are various currencies and projects. I can name you one good Token Sale. It is called Socratus.  It is an insurance ecosystem which provides a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem.