How can Bitcoin helps the world's economic? ✅

[letowss]

Let's imagine a crisis situation as occurs in Venezuela today where its currency is weak, the local government has authorized the demand for Bitcoin because they know that the crypto-coins have a world market value, despite their high volatility and speculation.

[Alex_Kidd]

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.

The first thing I can thing about is the fact that you can quickly move big amounts of money anywhere and whenever you want, without having to wait for the bank to approve it, technical times, weekends etc etc.

[MoreMoneyHunt]

Bitcoin helps the world's economy by helping businesses with smooth payment methods. With this, the smooth running of the business is ensured which goes a long way to improve work productivity. Also, Bitcoin and the Blockchain offers job opportunities for the miners, developers, exchanges etc, hence increases the making of money for the individuals. These boost the economy of the world.

[maculeth]

Your opinion is good, but there is a downside too. because of the anonymity of bitcoin transactions, bitcoin can also be used to buy illegal goods that are prohibited by the state. there must be regulation about that too, if later bitcoin is legalized by all countries and becomes a legitimate digital currency globally.

[$anounimus$]

it is indeed a very reasonable question to say for some people who still do not know bitcoin and do not understand what the function of bitcoin is for the world economy, and in my opinion bitcoin can be one of the best solutions that can be used to exchange and process money transactions with long distances and it's very safe and very fast because this bitcoin has blockchain technology that can provide records for all bitcoin transactions that occur from around the world can use it.

[Piggymonster]

In my opinion, bitcoin is recognized as a digital cash where you can send it anywhere in the world. It can help especially in the third world countries where there are so many unemployed that are now earning through this bitcoin investment.

[calandra78]

Bitcoin can restore a stagnant economy. That may be the economic strategy of each country. However, it is important to know where Bitcoin is in the cryptocurrency market.

not only restoring the economy, but can help project projects that accept bitcoin. but without hard work and patience, we will not benefit. bitcoin does have a risk, but for investors who really intend to make a profit, surely whatever they will do and continue to work hard

[vfrcbv91]

Bitcoin helps the poor. Thanks to bitcoin, many people were able to find a source of income and this is a huge plus. In fact, not many people pay attention to it, but I think it is very important. Much more important than the integration of bitcoin in real business, anonymity and so on.

[April Ford]

 For the simply reason that they are not subject to central control or inflation. They are currently volatile because they are not all mined, there is a lot of speculation, few people use it and there is a lot of bad press against it. Once a country adopts a decentralized crypto currency, banks would be obsolete, so the people would have more money. Governments would not be able to print money to spend on their agendas and this way not contribute to inflation and people would always have more money by being their own banks.
 A cryptocurrency has limited supply, so has the need for currency increases and there is no more currency to add, the existing currency will increase in value.

[Heidi Farrell]

If the exchange is for export goods and the profits are placed in the economy of the resident then yes they can. A sale that results in demand surge will inevitably help buisnesses profits and create jobs. The transportation of the product or products purchased with proceeds may be a significant help. Imagine a person selling enough to pay down debts or purchase equipment or simply have money to spend. The inflation rates of countries and unflation rates may be hedged by the cryptocurrency.

[soulripper]

Actually there are many things that bitcoin can do to help the world economy. First of all is that it can help people who are not home or something less capable of supporting their lives by doing work in bitcoin. Also it can help increase capital for investors who want to invest in bitcoin. The third is bitcoin can help in teens or those who are unemployed to get financial resources to accommodate their family lives.

[BitcoinGuruOne]

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.

The first thing that come sin mind is that btc is easily transafrable , the regualr international transfers could be a pain in the ass or very very expensive like Western Union.
BTC is almost instant and cheap and is a wonderfull way to transfer fund internationaly.

[dongyi17]

I guess bitcoin helps the world economy in terms of security and and it attracts many investor to invest more in virtual currency rather than in fiat which is now a days is susceptible of dangerous and notorious people that is why they want to be that way..

[gunungkembar]

I think bitcoin can help the world economy by means of its technology, with blockchain everything that happens and all the transactions that can be recorded that might be used to help economic problems in the future.

[kirisakidaichi]

Although full of controversy, the bitcoin trend will be difficult to maintain. Until now the use of virtual currencies is increasingly massive. In the world, its use has been numerous and continues to grow. The existence of bitcoin as a transaction tool is expanding with blockchain technology because financial transactions are more efficient, fast and safe. the benefits of use are also increasingly widespread such as telecommunications, electricity, even with transactions that can be done anywhere so that it can save costs and time so that it can help the world economy.

[Risktaker31]

Bitcoin helps the poor. Thanks to bitcoin, many people were able to find a source of income and this is a huge plus. In fact, not many people pay attention to it, but I think it is very important. Much more important than the integration of bitcoin in real business, anonymity and so on.

I don't think they should fully depend on bitcoins because of its unsecured daily profit whatever work they are doing plus investing and trading bitcoin and altcoins are rather more complicated and risky.

[Corelianer]

The most basic thing that it can help is blockchain technology, which will save people from fraud, and the second is to become a truly international currency and a single form of exchange.

[laylava.sted]

Cryptocurrencies are economic innovation that have the potential to revolutionize the current economic structure and change how banks and financial institutions operate. Bitcoin is the most popular form of cryptocurrency that enables digital transactions between two parties without the need of an intermediary. It has been said that Bitcoin was the first successful cryptocurrency to be released into the world’s markets. The current economic landscape for cryptocurrency implementation remains in the balance. Cryptocurrencies and their underlying technology called blockchain have been growing exponentially in the recent years both in terms of adaptation and influence. Moreover the effect cryptocurrencies are having on the current economic landscape is replacing the Dollar: In terms of volume, the global economy is fueled by the U.S. Dollar. The dominance of the United States in global economic and political affairs has contributed to this greatly. The global economy thus relies on the dominance of the US Dollar to keep running. This, however, is starting to change dramatically as more cryptocurrencies start to emerge as well as Bitcoin’s exponential rise.Other than that financial transactions have started getting decentralized on a massive scale, with no recourse to the traditional US Dollar. This can create a butterfly effect where the dynamics of international trade can change. In short, there have always been attempts to de-dollarize the global economic landscape and cryptocurrencies seem to be the solution.

[simpleholmes]

i think bitcoin helps the worlds economic  by employing  lots of people and they can earn money with an easier way ...