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Author Topic: How can Bitcoin helps the world's economic? ✅  (Read 3232 times)
Tipsters
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September 10, 2018, 03:15:57 PM
 #381

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.

Your answer is indirectly correct. Bitcoin can help the economy by bringing the nations together. In that way, inflations will be gone and those people who are broke will live with mediocrity. Nonetheless, bitcoin can never exterminate the one thing that delays our economic growth, and that is corruption.
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September 10, 2018, 03:54:46 PM
 #382

Bitcoin is the pioneer in the transaction within shortest possible time that means within few seconds that charmed banking sectors in the world. Banks are coming forward to the Blockchain technology to adapt with the latest technology that changed the tradition of transaction without any intermediary and with few costs.
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September 10, 2018, 04:34:20 PM
 #383

Bitcoin, or should I say cryptocurrency, can improve the economy of a country by implementing several projects through the blockchain technology to fight corruption. However, it will be interesting to see how the taxation will go. I think more than crypto, it is the blockchain technology that can help the economy to grow more.
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September 11, 2018, 09:14:21 AM
 #384

Bitcoin has opened up opportunities for unemployed people to work and bitcoin has also reduced the number of unemployed people in every country and bitcoin is also a very lucrative investment because bitcoin provides enormous profits in just time how many years, so I think bitcoin really helps the world economy.
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September 14, 2018, 12:41:09 AM
 #385

Well, basically in terms of world economic , bitcoin have a greater contribution with it since we all know that bitcoin is already known worldwide. And because of it's popularity many countries are now accepting it, we all know as long as people are accepting bitcoin there is a chance to grow the investments because of that bitcoin's value also increases and also WORLD ECONOMIC will also increases.

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September 14, 2018, 01:12:57 AM
 #386

The biggest potential of Bitcoin worldwide may be on international remittances. With Bitcoin, you can make international payments without the risk of credit card fraud.
Even if Bitcoin does not become a currency that everyone uses and understands, it will still affect the world economy. If Bitcoin becomes widely distributed, respected, and legal, it forces everyone—all central banks and banking companies—to reduce their costs to remain competitive.
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September 14, 2018, 01:19:38 AM
 #387

Bitcoin offers incredible boost to the economic growth of a country through numerous ways. Bitcoin and the Blockchain harness work productivity of a company or institution which integrate it into their payment systems. It facilitates the smooth and fast payments of work inputs from across the globe.
Bitcoin in another way, provides job opportunities for the merchants, developers who integrate it in their projects etc.

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September 14, 2018, 03:08:48 AM
 #388

Bitcoin is the pioneer in the transaction within shortest possible time that means within few seconds that charmed banking sectors in the world. Banks are coming forward to the Blockchain technology to adapt with the latest technology that changed the tradition of transaction without any intermediary and with few costs.
Bitcoin is a very realistic answer to the world trading system, now and in the future. Today, trade between countries is as easy as sending goods to a neighbor's house. For financial transactions, bitcoin is the fastest, safest and cheapest. On the other hand, blockchain which is a bitcoin base can be applied to monitor goods and services, so that they become efficient.
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September 14, 2018, 03:15:20 AM
 #389

Bitcoin will only slightly improve world's economy by improve the phrosperity of bitcoin users. Bitcoin is not the kind of big thing that can makes big changes in short term. But it also has potential to make it.
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September 14, 2018, 08:13:56 AM
 #390

Bitcoin offers significant improvement in the economy of a country and the world at large. Bitcoin in its wake offers job opportunities to people especially the miners and day-traders. In the long run, money is generated to the country of residence of these Bitcoin users.
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September 19, 2018, 07:49:32 PM
 #391

For economies that depend heavily on its overseas workforce, remittances are what drives growth.At present, money transfers are facilitated by banks that charge extra in processing and transaction fees. Aside from that, transaction time is relatively slow and it would take seven days at the latest before the receiving party can access the funds. With bitcoin, on the other hand, people can get around these caveats and get more from their money than what traditional wire transfers entail.
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September 19, 2018, 07:58:47 PM
 #392

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September 19, 2018, 07:59:31 PM
 #393

I wish that there is one currency in the world and it named Bitcoin Smiley Think about it, wouldn't be marvellous? It looks very hard right now but one day, why not?

I think the bitcoin and the cryptocurrency helping people big time. We can have our needs more easly and more cheap now with the blockchain and the coins..
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September 19, 2018, 09:02:15 PM
 #394

Bitcoin has helped the world economy at large right from the time of it's integration till now.
It has in terms of employment, where people don't look for job that does not exist by carry file up and down.

It has helped the world economy financially, with the type of market cap in cryptocurrency which non of traditional market has ever see in less than a dacade , Bitcoin has made it happen.

It has improved the area of technology where many have become programmer in blockchain with everyday research and making the iot more secure for user to use.

It has made people financially freedom and free from all sort of unnecessary charges and centralized government that we run by decentralizing the market.

Bitcoin has helped in many ways which I believe many are still coming .
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September 20, 2018, 02:48:50 PM
 #395

If the fees are low, and transactions fast, then Btc can help economy immensily. But as things are now, I don't see Btc creating much growth. It is too slow and consumes too much electricity. Ethereum based projects are the ones, which have better chance to create growth in the future.
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September 23, 2018, 03:55:29 PM
 #396

AS people will demand and use this as trading and transaaction system the economic growth of ones country is more fast and highly grown. Specially if they were accepting BTC as they national currency. Probably they will be a good country to work in as BTC has a good value and the highest cryptocurrency in the market. As it is applied in every country probably the world was at its own golden plus technological era.
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September 23, 2018, 06:58:50 PM
 #397

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.
Bitcoin help world economy through various way. Bitcoin work with many country. In those country it work with their government to improve their country economy and this thing ultimately help to improve world economy. Bitcoin help unemployed people. Bitcoin use as a source of income by many unemployment people. And this thing help world economy. Bitcoin is also use as a

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September 23, 2018, 08:27:28 PM
 #398

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.

Beacause bitcoin is so impotant to one people or other so that we should share it to our country or in economy because bitcoin can help us.
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.
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September 23, 2018, 09:27:13 PM
 #399

Bitcoin was made in such a way that would be  compatible with any other fiat currency. Hence Bitcoin owners can convert their coin into the fiat currencies and use it whenever the need arises. It can also be used for direct online business transactions.

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September 23, 2018, 11:22:45 PM
 #400

Bitcoin can give opportunities for those people who have not yet finish their studies,they couldn't' be able to have a good and stable job to earn money that can support for their needs. In bitcoin,they can earn more profits that can sustain their daily needs. In this way,bitcoins actually helping worlds economics through by helping governments to less the number of people who have experiencing poverty in many countries all over the world.
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