Is cryptocurrency help to expand the world business?

[timerland]

Bitcoin can definitely help in terms of international trade.

Whether that be between company and company trading, or individuals accessing goods and services from other countries. I think that bitcoin will serve a really important purpose in aiding the transactions in both scenarios, imho.

Traditional international pamyent methods used in internationl business/trade involve long clearing times (you would know if you ever used SWIFT), and huge fees that are paid to banks.

Bitcoin takes out both. Transactions are instant, and there is no foreign exchange fees or percentage fees involved. All there is is a small transaction fee, whatever the amount is. That is far greater and will defintely benefit businesses or even consumers who adopt BTC as a international form of payment for commercial activities.

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[Arlette Foxsparkle]

Yes! Cryptocurrency can really helps bussiness in all aspects. It's clearly helps for those all bussiness man's or woman's to grow into their business industry. One of this is to buy products and merchandise for very fast transaction using cryptocurrency. And also they can accept virtual currency as a payment systems.

[knightmairesaint]

Yes! Cryptocurrency can really helps bussiness in all aspects. It's clearly helps for those all bussiness man's or woman's to grow into their business industry. One of this is to buy products and merchandise for very fast transaction using cryptocurrency. And also they can accept virtual currency as a payment systems.

I doubt if it can help in a wide scale because cryptos are not being accepted as a means of payment for some other countries. The government also do not see the benefits of using cryptos in making transactions as much as we see it and even if they do, I think they would prefer it if we who are earning through it will also be taxed directly.

Anyways, I still believe that cryptos especially bitcoin will be use in the future in businesses, not just in the means of payment.

[khaled0111]

It is a revolution, there will be many losers and many gainers.
Governments will do their best to stop it.
But when this will happen, all the financial system will change and citizens will be in control not their governments.
There still be many improvement to be added to Bitcoin before such thing can happen.

[pitiflin]

Now a days business and product is for all. Every country exchange their core product with other countries to meet theit demand. What you think Is cryptocurrency help to expand the world business?

I am not sure what you mean by world business. But I can tell you this: Akon is going to create his own cryptocurrency named Akoin which is supposed to help people in Africa, their business and other things that need to be taken care of.

In an overall perspective, cryptocurrencies have helped a lot of businesses flourish. So yeah, it has already expanded world businesses.

[MMA]

Yes! Cryptocurrency can really helps bussiness in all aspects. It's clearly helps for those all bussiness man's or woman's to grow into their business industry. One of this is to buy products and merchandise for very fast transaction using cryptocurrency. And also they can accept virtual currency as a payment systems.

It is more beneficial and helpful for an individual. Because i can see a lot of people around who were jobless, and having not other source of income but not i can see them having good financial status and that is only with the help of bitcoin, they have started trading with a little amount but now have good amount of money and can spend a standard life.

[bad_apple]

Cryptocurrency helps the expansion of business around the world as it grows larger and welcomes more investor. Also, the innovation behind the advanced technology today, the blockchain, gives other people the opportunity to innovate ideas that may benefit a lot of people.

[xuan87]

Yes it's very helpful, imagine that easy transactions that can be used for different countries, and no need to keep on exchange the Fiat, crypto also easy to deposit and withdraw, no need documents to check, and the transactions is very fast, you can expand your businesses to all countries in the world

[Mia Wallace]

The crypto currency is a new form of economy which is linked with the modern technology.and can be operated world wide.It has  multiple useful factors can be used for investment,day trading  and other multinational business purposes with out any time constraint.Through the bitcoin or the alt coins the customers can buy things internationally with out any time delay. also this can be used for the domestic purposes such as for the service bill payment. So bitcoins or alt coins such characteristics will stimulate to expand the world business.

[Burogh]

Now a days business and product is for all. Every country exchange their core product with other countries to meet theit demand. What you think Is cryptocurrency help to expand the world business?

Cryptocurrency able to expand bussiness in globalitation. Cryptocurrency will help bussiness transaction more fast and secure and with lower cost. With saving more cost, more bussiness will growing and they can pay more taxes

[jjacob]

Now a days business and product is for all. Every country exchange their core product with other countries to meet theit demand. What you think Is cryptocurrency help to expand the world business?

You already have a de facto world currency- the US dollar. Most trade is denominated and conducted in dollars. There is friction (costs) associated with the current payment system, but businesses factor this is in. I don’t see cryptocurrencies playing a big role in the near term.

[jaocoincrypto18]

Now a days business and product is for all. Every country exchange their core product with other countries to meet theit demand. What you think Is cryptocurrency help to expand the world business?

Of course it helps as you can see in the crypto space today that lot of ICO projects are now created thru their various of commodities and goods using crypto currencies as token for their products. This shows that business tycoon are relying on crypto currencies in order for their businesses to explore the world market.

[Thewolfofcrypto]

 I think with the help of blockchain and Bitcoin worldwide selling your goods would be much easier without exchanging without transferring fees and all this stuff you can just pay by using your cryptocurrency

[ambisyon]

Yes, I believe so. Cryptocurrency could help expand the business community once this blockchain technology would be adopted worldwide by big business corporations. I think this would be the right time for business community to consider cryptocurrency in their business transactions through the payment system like eth and btc for instance.

[voron84-05]

Of course, it helps, for example, recently there have appeared a lot of companies from different countries that are implementing new interesting projects. They are quick to raise funds with the help of ICO, of course among them there are scammers, but in the majority these are qualitatively new projects that will significantly influence the world economy.

[AliMan]

Bitcoin can definitely help in terms of international trade.

Whether that be between company and company trading, or individuals accessing goods and services from other countries. I think that bitcoin will serve a really important purpose in aiding the transactions in both scenarios, imho.

Traditional international pamyent methods used in internationl business/trade involve long clearing times (you would know if you ever used SWIFT), and huge fees that are paid to banks.

Bitcoin takes out both. Transactions are instant, and there is no foreign exchange fees or percentage fees involved. All there is is a small transaction fee, whatever the amount is. That is far greater and will defintely benefit businesses or even consumers who adopt BTC as a international form of payment for commercial activities.

Yes it is very true and I will stand with this statement. I strongly agree that bitcoin paves the way for the expansion of business worldwide. It created a lot of opportunities specially for small investors who wants toto get rich. Bitcoin gave us the chance to be involve in business so I agree with this.

[bettercrypto]

This is the good thing in cryptocurrency, we can invest when and whatever we want. Bitcoin helps every individual to put up business specially, if you already started to invest in bitcoin during past years, I am sure that you have already some capital to invest in physical investment (business). Cryptocurrency gives an opportunity for all people. It helps everyone to stand from poverty and become a successful man in the future.

[mktpromp]

There is no doubt that crypto currency will help the business to expand. Digital forms of money will obviously be gainful for organizations around the globe, this innovation will most likely make a more cost productive and homogeneous system of world organizations. Crypto currency will rule the world’s business ultimately.

[pawanjain]

Cryptocurrency and the blockchain technology make many things possible when they go together. There are many industries these days which are trying to utilize this technology for their benefits. The blockchain technology and cryptocurrency have benefitted financial , healthcare, supplychain, networking, banking and payments and many other industries. So yeah, cryptocurrency as well as blockchain are really helping a lot in the expanding the bussinesses to another level.

[Babycuteless]

yes it can expand the world business the whole world and many people don't know what is the meaning of cryptocurrency they need to know it because it can help on our future.