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Author Topic: How can Bitcoin helps the world's economic? ✅  (Read 3289 times)
RyhaniFoyej (OP)
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July 03, 2018, 11:30:39 AM
Last edit: July 03, 2018, 11:53:51 AM by RyhaniFoyej
 #1

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.
Xester
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July 03, 2018, 11:35:48 AM
 #2

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 is not yet on that level of influence on countries 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 online jobs due to bitcoin. In this area we can say that some countries the poverty rate have reduced not on a big scale but on a small scale. But even though this maybe only felt by some few, it is still a helpful currency that allows people to earn online.
ansarose1
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July 03, 2018, 11:40:24 AM
 #3

In my own words, bitcoin can help the world economic by introducing it to the worlds currency, and besides it is now implemented but not in the entire world, it helps our economy by the people investing in it and has the income profit.
Erlinda Santiago
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July 03, 2018, 11:48:05 AM
 #4

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.

it can help in many ways especially it can help to have a progress in some economy in many countries especially to those who are poor counties

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July 03, 2018, 12:01:54 PM
 #5

Bitcoin is now being recognized as an international currency but also a big threat by some countries. I understand their point since the price is very unstable as of today and could bring down a your hard earned money in an instant because of those manipulators in the market. Let just all hope that each countries will have a representative to create an intergovernmental organization like United Nation to create a concrete rules and regulations about cryptocurrency to get rid of scammers and manipulators.

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July 03, 2018, 12:13:44 PM
 #6

Great thread, well i guess Bitcoin and other cryptocurrency has already provide great impact in our economy considering how great and very promising its technological advancement and breakthrouh it offers for banking, and monetary sector. Its benefits such as being decentralized, fast and lesser transaction cost has already made impact to our e-commerce. Anyways, it would still be considered nowadays as secondary currency next to fiat money. Infact, other countries provides government regulatory threats to cryto. In the end, i believe bitcoin will come up on top on fiat money and will become the primary currency in the future.

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gasparyu
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July 03, 2018, 12:51:31 PM
 #7

it can only have an impact to global economy when the time it will already be recognized as a world currency. as of now it only affects lives of indiviudals using it.
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July 03, 2018, 01:10:47 PM
 #8

I think in recording all the world financial transactions. Bitcoin is considered more practical and fitting as an alternative choice of digital currency.
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July 03, 2018, 01:23:20 PM
 #9

bitcoin?
I am personally very helpful with bitcoin has become a means of adding money to me, with my earning bitcoin can be double than I just rely on working every day or establish a business.
so I do not doubt going to bitcoin for my life and including it for my family
boyknightvn
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July 03, 2018, 01:30:02 PM
 #10

I have a different opinion from you
In my opinion, Bitcoin will not become a global currency in the future, this is a currency that proves the existence of Blockchain technology and is a payment instruments for the project which base on Blockchain technology.
I think if we have to have a Cryptocurrency in the world which is used to pay for normal transactions, that is not Bitcoin, it's a other Cryptocurrency that is based on the Blockchain technology is developed in the future. In order for a Bitcoin to become a currency that the value of it can not be so variable continuity.
So, I do not think Bitcoin will become a normal trading currency but it will help the later Blockchain platforms grow.
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July 03, 2018, 01:30:08 PM
 #11

This will affect the world economy if it is adopted by the world's largest banks. And this will not happen-the authorities of any country want to control financial flows. And what is the point of using cryptocurrency in the open? Does not help anything unfortunately.
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July 03, 2018, 01:35:28 PM
 #12

Bitcoin is a cryptocurrency based on decentralization, that means anyone from any corner of the world can use it without much hassle. As a result, it optimises the traditional infrastructure resulting in a lower cost and time required for transferring funds from one point to another irrespective of the geographical boundaries. This will help the economy is to grow by utilising the saving in cost and time.
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July 03, 2018, 01:37:48 PM
 #13

Bitcoin helps the economy by helping its production business plan run on the capital provided by the investor so that they have the funds to carry out the business plan and production  Bitcoin helps the world's economic
Gurjasmeet
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July 03, 2018, 01:38:21 PM
 #14

There are many ways apply to help by bitcoin the world economic. One of the most important if bitcoin help those countries who are needed decrease the poverty, houngriness & requirements for many other social work to improve their country. l think it will be the time nearly to centarlized this currency all of the world whenever lot of countries had addoped.it.
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July 03, 2018, 01:55:38 PM
 #15

There's no real answer since there's still no real-world applications of the currency specially in government-related affairs. Most analysts and economists believe that bitcoin would be an excellent choice for a hybrid reserve currency due to its features, particularly its ability on holding value. While the idea seem lucrative at first, it could still work knowing that it is universal and easily attainable, and everyone can use it and would accept it if the government also recognizes it as an official currency. It's fitting that bitcoin be in a country's reserves, though not fully but somewhat a part of it.

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sakahayang
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July 03, 2018, 02:09:27 PM
 #16

The question is simple but hard to answer, because the answer needs evidence. but here I try to answer, although my answer is not that good.
according to the fact, after me, my friends maybe even the people who are out there know Bitcoin, life and my economy is changing rapidly. Honestly, my life was borne by the family, but after I know the Bitcoin my life spins 360 degrees, today I can finance my family life.
my experience proves Bitcoin can help my economy and the world.
maybe another one opinion with me.
Hitesh shaveta ohri
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July 03, 2018, 02:12:57 PM
 #17

In my opinion, bitcoin helps the world economy by introducing digital currency came into force. This digital currency will help the govt to reduce its financial expenses on paper currency.
Mikasa77
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July 03, 2018, 02:19:59 PM
 #18

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.

For me the best way that bitcoin can help the world's economic is by giving a work to those who do not have work, by giving a work to thise people is like bitcoin giving them a oppurtunity to be successful and be rich someday, in that way they will help others and the economy will rise.

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July 03, 2018, 02:21:15 PM
 #19

i think  Bitcoin has become a currency for a nation that is currently supporting all kinds of people
Mikasa77
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July 03, 2018, 02:26:41 PM
 #20

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.

For me, bitcoin can help the world's economy by giving a work and earn money using bitcoin, in using bitcoin they can earn money and can also help other people or users to earn money and in that way they can help the economy to rise.

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