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Author Topic: How can Bitcoin helps the world's economic? ✅  (Read 3252 times)
JACKSW4G
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July 24, 2018, 11:24:04 AM
 #281

Some people are asking, "How can Bitcoin helps the world's economic?"

I think this is the right answer. Bitcoin has become a currency for a nation that is currently supporting all kinds of people. Bitcoin has become as an international currency at this point. Once again, technologies help the world to solve its problems. This can raise Bitcoin reputation among economic discussions. And also will give positive mood to Bitcoin markets.

I think bitcoin has many benefits if a country can accept transactions using bitcoin, one example as a long-term investment for the world's largest country. It helps to keep money in savings from depreciation.
rickyNmorty
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July 24, 2018, 11:26:02 AM
 #282

As of this moment, there is only a small percentage of people who are affected of the bitcoin, those are unemployed individuals who did not have the credentials to have work in companies or maybe those people who take good care of their children where as who can only deal with house works and such. In short, the bitcoin helps in giving unemployed people to have work or somewhat to sustain the financial needs.
IndigoRed
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July 25, 2018, 03:22:30 AM
 #283

I believe bitcoin or any other cryptocurrency can positively impact world economies, especially those of developing countries. Take African countries for instance. Those locations are known for total failure of banks and other institutions due to incompetence and corruption. Since a virtual currency basically makes us our own bank, many economic deficiencies can be solved. Directly or indirectly, cryptocurrencies can help eradicate currency manipulation, lack of banking and property rights and corruption.
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July 25, 2018, 04:56:55 AM
 #284

nothing is impossible if bitcoin can help the economy of each countryIt would be helpful if the government was willing to adopt cryptocurrency well and wisely, that this is really mutually beneficial for every user worldwide. one of the benefits of every country when implemented to a proper and stable the bitcoin. Increase job opportunities as people can work from home and get paid in BTC which will benefit both the employer and the employee.
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July 25, 2018, 05:02:04 AM
 #285

If Bitcoin can proved it as a popular Digital currency, I think it would be very helpful for global economy.
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July 25, 2018, 05:19:01 AM
 #286

Bitcoin isn't yet on that level of impact on nations yet rather its financial impacts are felt on the level of people. Jobless mothers, abroad specialists, jobless people, understudies and numerous more have begun to acquire online employments due to bitcoin. Around there we can state that a few nations the neediness rate have decreased not on a major scale but rather on a little scale. In any case, despite the fact that this possibly just felt by somewhere in the range of few, it is as yet an accommodating cash that enables individuals to win on the web.
Hopeman1
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July 25, 2018, 05:22:43 AM
 #287

However, I am still curious about how bitcoin can solve the world economy, because at present, it has only become a new speculation tool, so people only consider bitcoin as a hype commodity. Angry

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July 25, 2018, 05:30:31 AM
 #288

Cryptocurrencies have led to the emergence of new markets. Currencies like Bitcoin and Ethereum have opened gates for a new kind of market which unlike present money market is controlled by no one. Cyberspace will rise up as the managing body that will handle and maintain such disruptive markets. The near zero transaction cost has made these currencies even superior to the traditional money we are accustomed to using. What can be surely stated is that it is just the beginning and the number of possibilities is endless.
Himanshu111
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July 25, 2018, 09:26:20 PM
 #289

Some people are asking, "How can Bitcoin helps the world's economic?"

I think this is the right answer. Bitcoin has become a currency for a nation that is currently supporting all kinds of people. Bitcoin has become as an international currency at this point. Once again, technologies help the world to solve its problems. This can raise Bitcoin reputation among economic discussions. And also will give positive mood to Bitcoin markets.

Yes I strongly feels that bitcoin can help the world economy to grow when it will get legalised world wide, as we all know that in all those countries who has legalised bitcoin are not experiencing a great boost in their development because their citizens are getting a good paid jobs just by having a knowledge of internet which any other company is failing so now these people are getting good jobs and thereby increasing the GDP of nation if this would implement for the whole world then obviously the world economy will improve.
ashfer
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July 27, 2018, 02:26:59 PM
 #290

Bitcoin is the first crypto currency started to the year 2009 which has a strong net work systems.The bitcoins originators intention is to provide a strong currency to use world wide fo the benefit of the global community for their daily requirement..Bitcoin is a decentralized one so not any controlling authority over it and it can be transacted world wide with out any banking interference. Its all transaction are recorded in an electronic ledger with block chain technology..Bitcoin could help some countries during their economic down turn such as Greece, Japan, Brazil,and Venusela etc Bitcoin could help the above  countries during their economic recessions.

insurgent
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July 27, 2018, 02:32:31 PM
 #291

Some people are asking, "How can Bitcoin helps the world's economic?"

I think this is the right answer. Bitcoin has become a currency for a nation that is currently supporting all kinds of people. Bitcoin has become as an international currency at this point. Once again, technologies help the world to solve its problems. This can raise Bitcoin reputation among economic discussions. And also will give positive mood to Bitcoin markets.

You are right , bitcoin also helps the economy by just simply giving works to those unemployed it helps the country to get a decreased in number of unemployed so that they can sustain their personal needs. Bitcoin gives bigger profit thats why the percentage of poor people is also decreasing , now they can provide their needs and they are already financial stable because of bitcoin.

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July 27, 2018, 02:38:40 PM
 #292

Basically bitcoin will help to improve the global economy through creating a lot of business opportunities, jobs, investments, profits, commerce and many more. Actually it is not just the bitcoin who will help the global economy but cryptocurrency also will, I mean all of the coins in crypto.

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July 30, 2018, 11:07:35 AM
 #293

Bitcoin is not yet on the level of influence on the country but rather its economic effects are felt on the level of individuals. Jobless moms, overseas workers, unemployed individuals, students and many more have started to earn jobs online due to bitcoin. It also helps me make a lot of money from investing, sometimes it can help me earn a monthly salary in just one evening.
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July 30, 2018, 11:09:46 AM
 #294

Some people are asking, "How can Bitcoin helps the world's economic?"

I think this is the right answer. Bitcoin has become a currency for a nation that is currently supporting all kinds of people. Bitcoin has become as an international currency at this point. Once again, technologies help the world to solve its problems. This can raise Bitcoin reputation among economic discussions. And also will give positive mood to Bitcoin markets.

Bitcoin isn't yet on the level of impact on the nation yet rather its financial impacts are felt on the level of people. Jobless mothers, abroad specialists, jobless people, understudies and numerous more have begun to acquire employments online due to bitcoin. It additionally encourages me profit from contributing, some of the time it can enable me to acquire a month to month pay in only one night.
Kertmu
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July 30, 2018, 11:19:28 AM
 #295

Now Bitcoin does not affect the global economy.
In the future, Bitcoin can be a means for investments, on par with shares, but not ordinary currency, because then there is a risk, loss of bitcoin as a result of inattention and loss of keys to wallets.
As is known, the amount of Bitcoin is limited to 21,000,000 BTC.
DauntlessGuy
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July 30, 2018, 11:38:36 AM
 #296

Bitcoin could strengthen the world economy if Washington does not destroy it.
It is a disruptive technology that has the potential to transform the global financial service industry and raise the standard of living for all.

Read from Forbes article.
hoosen
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July 31, 2018, 11:07:57 AM
 #297

If people would be able to join cryptocurrencies they can get some knowledge, and earn money in the future. After that I can spend some money inside the country. In some way, it helps the economy.
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July 31, 2018, 11:15:05 AM
 #298

The main idea is that bitcoin is a decentralized network, which helps people to keep their savings safe and use without any third-party
sagatel
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July 31, 2018, 11:35:32 AM
 #299

Some people are asking, "How can Bitcoin helps the world's economic?"

I think this is the right answer. Bitcoin has become a currency for a nation that is currently supporting all kinds of people. Bitcoin has become as an international currency at this point. Once again, technologies help the world to solve its problems. This can raise Bitcoin reputation among economic discussions. And also will give positive mood to Bitcoin markets.

You haven't quite correctly described the role of bitcoin in the global economy. at the moment, bitcoin is used only for speculation in the cryptocurrency market! That is, bitcoin does not affect the world economy.

Bagaji
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July 31, 2018, 11:45:53 AM
 #300

Some people are asking, "How can Bitcoin helps the world's economic?"

I think this is the right answer. Bitcoin has become a currency for a nation that is currently supporting all kinds of people. Bitcoin has become as an international currency at this point. Once again, technologies help the world to solve its problems. This can raise Bitcoin reputation among economic discussions. And also will give positive mood to Bitcoin markets.

Bitcoin has really great advantage for the world economy which range from creating more money in the hand of bitcoin and crypto curruncy traders around the world and by implication create purchasing power for them which has a positive multiplier effect on the world economy.
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