How can Bitcoin helps the world's economic? ✅

[hasmukh_rawal]

It can surely help the world economy in the following ways;
* Increase job opportunities as people can work from home and get paid in BTC which will benefit both the employer and the employee.
* Provide flexibility in online payments.
* Eliminate the need for exchanging fiat money as BTC can be used worldwide.
* Can benefit e-commerce websites in various ways.
These are just a few ways BTC can help to grow the world economy and I am sure there would be plenty much other ways which I can't think of right now.

[samuraijin]

nothing is impossible if bitcoin can help the economy of each country of course in terms of taxes may also be able to help the country's own economy without prohibiting the circulation of bitcoin itself

[mostkey]

It would be helpful if the government was willing to adopt cryptocurrency well and wisely, that this is really mutually beneficial for every user worldwide but rather that cryptocurrency only helps brave individuals who dare go into it, reducing the unemployment rate in every country is a very goal well, a lot of positive effects for all users, without having to work hard out there, if maximizing it.

[kotajikikox]

Its simple to explain and elaborate how to make bitcoin help world economy growth, if every country accept bitcoin as legal currency they give people iin their communities to get job inside cryptocurrency including bitcoin, specially the information technology related skills know how to setting up mining rig as source of income as a miners.

Bitcoin is a treasure of gold using the new computer technology from this new era of technical technonolgy currency,risky but exciting investment

[Ems30]

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.

Absolutely I agree,bitcoin is also bridge to those people are unemployeed, due to in my country  jobless people are also inceased which job are also limited offered,and bitcoin is one of the  solution and  equip the open minded people,whose also believe to bitcoin

[sindikat]

Its simple to explain and elaborate how to make bitcoin help world economy growth, if every country accept bitcoin as legal currency they give people iin their communities to get job inside cryptocurrency including bitcoin, specially the information technology related skills know how to setting up mining rig as source of income as a miners.

Bitcoin is a treasure of gold using the new computer technology from this new era of technical technonolgy currency,risky but exciting investment

What is the interest of the state to accept the cryptocurrency? In order to spend your income you have to change the cryptocurrency to Fiat. Once you did that, the state completely controls you and gets off the taxes. It seems to me that at this stage of development of cryptocurrencies it is impossible to say that they can help the world economy.

[jademacoy]

By creating multiple business emergin from bitcoin system will help the world's economic and one of it is mining. From crypto mining more business will be created and first is the creation of the GPU's, from the demand of its materials being used to the assembly of it is already a business. The current being used in installing GPU's benefit also from this activity. Aside from mining bitcoin that literally earns you profit doing some maintenance on this GPU's could be another business. And i am only referring to mining and there are lots of opportunities to earn in bitcoin system.

[FlightyPouch]

nothing is impossible if bitcoin can help the economy of each country of course in terms of taxes may also be able to help the country's own economy without prohibiting the circulation of bitcoin itself

How can these crypto currencies help one's country's economy through taxing if these crypto currencies are decentralized and can be taken taxes from them? It won't be helping country's economy by that but I think the money that these investors get from it. When people or investors earn money from trading and investing on Bitcoin, they usually earn money. That money did not generate in their country meaning they bringing money from other place to their country adding money at the circulation.

[penetrak]

First of all, bitcoin and other cryptocurrencies have already improved the world economy as well as the economies of many countries. Bitcoin is traded on stock exchanges where people are employed, and they feed their families. The digital industry gives jobs to many businesses and individuals. Many have earned money from bitcoins they use and thus also improve the economy. Bitcoin has become the money to buy at eshops, so bitcoin improves the economy in a broad direction.

[qwertyup23]

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.

The impact of bitcoin may be relative to an individual's personal experience but I do not believe that its scope may impact the world's economics as of now. Many countries still prohibit the utilization of bitcoin- which is an integral factor in determining its impact and effect on the economics. Although bitcoin has provided tremendous opportunities and benefits to most individuals (like here in the forum) in the income aspect, the scope it covers as a whole lacks in order to affect the world's economic agenda and development.

I strongly believe that in the inevitable future wherein we utilized a digitalized form of transaction and currency, bitcoin will be one of the pioneers towards that ideal form of payment.

nothing is impossible if bitcoin can help the economy of each country of course in terms of taxes may also be able to help the country's own economy without prohibiting the circulation of bitcoin itself

How can these crypto currencies help one's country's economy through taxing if these crypto currencies are decentralized and can be taken taxes from them? It won't be helping country's economy by that but I think the money that these investors get from it. When people or investors earn money from trading and investing on Bitcoin, they usually earn money. That money did not generate in their country meaning they bringing money from other place to their country adding money at the circulation.

Like what I mentioned, it may help the economy by providing job opportunities or offers to most individuals in the cryptocurrency aspect. Not to mention, the money that we earn from investments and through other services contribute to the economy in making it liquid. Although the impact might be relatively little today, once countries start utilizing bitcoin as an alternative payment then its impact will be felt.

[Ryker1]

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.

I agree, the expenses on making paper currency can just be thrown in another project. And also I believe that the circulation will be great if government allows bitcoin, because a lot of companies will be built if that happens, a lot of money will be circulating through business using bitcoin.

[tmsujeeva]

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.

True, But the saying is not valid for all countries some countries such as developing countries, they intend to use physical currencies rather than crypto currencies. The reson being , most of people not aware about crypto and not trust than physical currencies. Even though in this situation there are few people live in these countries with thorough knowledge who are actively participate.

[ParadoxXx]

Bitcoin is revolutionary, anyone can be their own bank, and they certainly will treat their money better. That's a good start for a change in the economy in a global scale.

[Jackolantern]

I think that it can help to spread the international market and can be used as a convenient method of payment, there is nothing to complain if you have bought btc for the long-term, it will definitely bring profit when the price becomes higher

[imapd]

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.

Eventually I saying that bitcoin legalization in country can be both harming and building for the country's economy,  if the legalization means putting on the tax system then I think it would be more positive than negative.

[bright4mech]

Bitcoin is simply know as digital currency that is acceptable across the nation, which can help the world economy in the mixed of easier and faster payment of goods and services with a full assurance.

[Barbut]

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.

I agree, the expenses on making paper currency can just be thrown in another project. And also I believe that the circulation will be great if government allows bitcoin, because a lot of companies will be built if that happens, a lot of money will be circulating through business using bitcoin.

Bitcoin is innovation that have the potential to revolutionize the current economic structure and change how banks and financial institutions operate in whole world. I think this new system can unite whole world into one system where everyone will have a right to vote if they contributing in some sort of way, for bitcoin you must have miners and you can decide where will bitcoin be in the future.
I don`t know about less expenses, to have miners you need a lot of power, and network is growing. But we have a system that can connect entire world, I believe less frauds and scams, platforms that can be used for so many applications, we will learn for free from other people using blockchain, or we will be paid to learn like we are paid here to read and comment and to use crypto, to have browser that pays you to be active, to have presearch searcher and you will be paid to search internet and learn, you will see.

[Doterti]

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.

I agree, the expenses on making paper currency can just be thrown in another project. And also I believe that the circulation will be great if government allows bitcoin, because a lot of companies will be built if that happens, a lot of money will be circulating through business using bitcoin.

Bitcoin is innovation that have the potential to revolutionize the current economic structure and change how banks and financial institutions operate in whole world. I think this new system can unite whole world into one system where everyone will have a right to vote if they contributing in some sort of way, for bitcoin you must have miners and you can decide where will bitcoin be in the future.
I don`t know about less expenses, to have miners you need a lot of power, and network is growing. But we have a system that can connect entire world, I believe less frauds and scams, platforms that can be used for so many applications, we will learn for free from other people using blockchain, or we will be paid to learn like we are paid here to read and comment and to use crypto, to have browser that pays you to be active, to have presearch searcher and you will be paid to search internet and learn, you will see.

The Bitcoin gives a opportunity to have a good income and helps in there daily needs especially the needs and wants of the people and with that opportunity will give people hope to survive in this world and can make the world better and more develop in terms of economy status that helps people to have a job through this industry and with overall gives blessings of each one of us in this job or opportunities that bitcoin gives benefits to us in the present and future.

[roadwell890]

Bitcoin can be bought by anyone, and it is very influential on the world economy
There is no need for a large fee to buy BTC, and by doing HODL, it is possible that people will benefit as prices stabilize
the rich will become very rich, and the poor will be very slow in developing

[Baofeng]

If government around the world will adopt bitcoin first then we will see how it does in the world economy. But since they hated it, we really don't have any concrete evidence how destructive (according to some country) or beneficial it will be except for like Japan which seems to be doing good despite adopting year more than a year ago. So there's no real use case for now, so its all speculation on how it will help (if it does) in the world economics.