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Author Topic: does bitcoin help in your economy?  (Read 1518 times)
erep
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March 10, 2023, 09:59:13 PM
 #141

there are many people investing in bitcoin, some are profitable and some are losing. and I believe bitcoin has a big advantage. The question is whether when you benefit from bitcoin, you can help your economy and your family?
So far bitcoin bitcoin is one of the assets that has been proven to be able to help grow my economy when experiencing financial constraints, such as when there was a pandemic last year where we all could not do work outside the home and caused us financial difficulties but at that time the existence of bitcoin is very useful because we can still get passive profits from bitcoin when the global economy is in chaos and many people recognize that bitcoin is good as an alternative asset that can save us from economic collapse.
You are right, we are experiencing an economic crisis during a pandemic where we are unable to do any work to earn income and even public areas have been closed because the covid outbreak continues to increase, but the crypto market has saved us from a state of economic crisis because many traders get passive profits for meet their needs during the pandemic.
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March 10, 2023, 10:06:37 PM
 #142

Wow, what kind of question is this, of course the name profit will definitely help wherever you invest.
moreover investing and getting big profits will certainly really help the economy but everything has its own risks including investing in BITCOIN
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March 10, 2023, 11:15:31 PM
 #143

there are many people investing in bitcoin, some are profitable and some are losing. and I believe bitcoin has a big advantage. The question is whether when you benefit from bitcoin, you can help your economy and your family?
So far bitcoin bitcoin is one of the assets that has been proven to be able to help grow my economy when experiencing financial constraints, such as when there was a pandemic last year where we all could not do work outside the home and caused us financial difficulties but at that time the existence of bitcoin is very useful because we can still get passive profits from bitcoin when the global economy is in chaos and many people recognize that bitcoin is good as an alternative asset that can save us from economic collapse.
You are right, we are experiencing an economic crisis during a pandemic where we are unable to do any work to earn income and even public areas have been closed because the covid outbreak continues to increase, but the crypto market has saved us from a state of economic crisis because many traders get passive profits for meet their needs during the pandemic.
for those who have knowledge about cryptocurrencies, it is not a problem in economic conditions can still survive in that situation. but we can see that many people expect big returns but in the end they end up losing money. but what I feel from the benefits of investing in bitcoin really helps my family's economy, where I can buy tertiary needs, which were only wishful thinking before

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March 11, 2023, 07:59:40 AM
 #144

there are many people investing in bitcoin, some are profitable and some are losing. and I believe bitcoin has a big advantage. The question is whether when you benefit from bitcoin, you can help your economy and your family?

In my country NO because only few users invest on Bitcoin and the majority invest on shitcoins and ponzi investment. But personally I think I’m helping the economy since I’m using my Bitcoin earned from trading and signature campaign on paying my monthly bills. This bills is subjected by government tax which is the way I can help the economy.

I believe other country that has an active crypto transaction and law helps their economy because people use Bitcoin as investment through trading and holding which government get tax on it.
Likewise - in our country only a few know people are getting benefited.
Not everyone has smartphone not everyone has an access to internet. So in our country bitcoin is not affecting the economy of the country.

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Vishnu.Reang
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April 26, 2023, 05:08:10 PM
 #145

 Specially in countries with high inflation, accepting cryptocurrencies, mainly stable coins, instead of local currency can help money maintain its value. 
 Cryptocurrencies also offer businesses more flexibility in their treasury planning. Apart from this we can purchase coupon using bitcoin and we can full fill
needs  like from amazon, Flipkart, Uber etc. Now a days everything is available on online platform from groceries to furniture. If we are doing shopping that means we are spending huge money. From this money government collect tax that can help to improve country's economy. Bitcoin really help the economy by increasing the purchasing power of the ordinary people in the country
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April 26, 2023, 05:38:33 PM
 #146

Helping your family is not a matter of you investing in Bitcoin, if you are stingy it doesn't matter if you invest in anything or not, so Bitcoin can't be a solution to this. For me, it helps because I know the impact of what I have done for my family from the profits in bitcoin investment.

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April 26, 2023, 05:59:33 PM
 #147

getting to know bitcoin and being able to get free money made me quit a real job with even more fantastic results from crypto. and until now my big income comes from crypto whether it's the tesnet airdrop, bounty. this is what I like and enjoy as I wish. I have ever felt tired from real work life making me have to think about how to change my life for the better, the answer is happening right now. and progress is not easy to go through

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April 26, 2023, 08:17:23 PM
 #148

getting to know bitcoin and being able to get free money made me quit a real job with even more fantastic results from crypto. and until now my big income comes from crypto whether it's the tesnet airdrop, bounty. this is what I like and enjoy as I wish. I have ever felt tired from real work life making me have to think about how to change my life for the better, the answer is happening right now. and progress is not easy to go through
Making the bold decision to leave your primary job for cryptocurrency is a risky move. It appears that you had other reasons for resigning from your workplace besides crypto or Bitcoin. In recent years, there have been numerous airdrops that fail to provide fair earnings for their participants. Some even turn out to be worthless tokens or coins that cannot be sold.

Over 95% of the existing cryptocurrency airdrops pay their users with Altcoins, whereas OP inquired about how Bitcoin can benefit your economy. However, it's not all bad news, as you can invest some of your earnings from airdrops and bounties into Bitcoin.
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April 26, 2023, 09:02:48 PM
 #149

there are many people investing in bitcoin, some are profitable and some are losing. and I believe bitcoin has a big advantage. The question is whether when you benefit from bitcoin, you can help your economy and your family?

yes, when I benefited from bitcoin, I helped my family and friends a lot, bitcoin really helped my family's economy and I was helped a lot from bitcoin, thanks bitcoin, but before I experienced something called profit, I also experienced losses

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April 27, 2023, 05:07:21 PM
 #150

getting to know bitcoin and being able to get free money made me quit a real job with even more fantastic results from crypto. and until now my big income comes from crypto whether it's the tesnet airdrop, bounty. this is what I like and enjoy as I wish. I have ever felt tired from real work life making me have to think about how to change my life for the better, the answer is happening right now. and progress is not easy to go through
Making the bold decision to leave your primary job for cryptocurrency is a risky move. It appears that you had other reasons for resigning from your workplace besides crypto or Bitcoin. In recent years, there have been numerous airdrops that fail to provide fair earnings for their participants. Some even turn out to be worthless tokens or coins that cannot be sold.

Over 95% of the existing cryptocurrency airdrops pay their users with Altcoins, whereas OP inquired about how Bitcoin can benefit your economy. However, it's not all bad news, as you can invest some of your earnings from airdrops and bounties into Bitcoin.
somehow in 2013 getting to know the digital world made me interested and found crypto mining, this bounty forum made me want to know more deeply, and after a while I understood and could make money like in the forum now, bounty, airdrop made me better from the economy previously. made me stay firmly out of a real job switching professions that are not my path. until this second it still survives in crypto

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April 27, 2023, 07:37:13 PM
 #151

My economy is very helpful by getting to know the bitcointalk forum, here I know the right way to invest and also how to trade in crypto. but there is one more thing that really helps my family's economy when I get gifts from this forum and I exchange them for money. with bitcoin I think it helps almost everyone if they are able to manage Bitcoin

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April 27, 2023, 08:29:35 PM
 #152

there are many people investing in bitcoin, some are profitable and some are losing. and I believe bitcoin has a big advantage. The question is whether when you benefit from bitcoin, you can help your economy and your family?
Bitcoin offers a lot of personal advantage which have been both direct and indirect. An example of the direct benefit of bitcoin is that I was able to procure my first apple desktop computer for my personal business with the profit I made from bitcoin. An indirect benefit of bitcoin here is that, because of the business I started
I have made over $400k with numerous clients calling for my attention. A neutral benefit of bitcoin is that it has afforded me the opportunity to be able speak to people about it and tell them its benefits too.

 

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May 02, 2023, 04:33:16 PM
 #153

My economy is very helpful by getting to know the bitcointalk forum, here I know the right way to invest and also how to trade in crypto. but there is one more thing that really helps my family's economy when I get gifts from this forum and I exchange them for money. with bitcoin I think it helps almost everyone if they are able to manage Bitcoin
That help you are earning from the forum is helping your family but not in the broader aspect the people away from you. In personal financing you are doing good if you are earning from campaigns on this forum or trading crypto. But we must hope for higher things in life and here this is the biggest awareness and spread of crypto in the locality. Then only we can help the entire economy earn money and grow using their own skills.

Taxation and laws pose an hindrance to this but gift cards are there which can be redeemed and used to live on crypto.

 
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May 02, 2023, 05:24:30 PM
 #154

My economy is very helpful by getting to know the bitcointalk forum, here I know the right way to invest and also how to trade in crypto. but there is one more thing that really helps my family's economy when I get gifts from this forum and I exchange them for money. with bitcoin I think it helps almost everyone if they are able to manage Bitcoin
Yes, this forum really helps a lot of people and we have to appreciate it,
but it all also can not be separated from our own hard work,
making profit in crypto is not easy full of risks and success or not depends on ourselves.
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May 03, 2023, 06:15:56 AM
 #155


The question is whether when you benefit from bitcoin, you can help your economy and your family?

Bitcoin's impact on the economy is an interesting topic of discussion. I think the overall impact on the economy is unclear. However, it does have potential benefits such as greater financial inclusion, lower transaction fees, and increased security. I myself have felt that at least this directly helps individuals and my family economically, but it depends on various factors such as the investment strategy and financial situation that will be used. who must be good at managing time.

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May 03, 2023, 01:06:57 PM
 #156

Bitcoin is not a widely accepted currency globally especially in developing countries. Local currencies still hold sway seconded by the dollar. A lot of people still lack knowledge of the through nature of bitcoin, therefore, acceptance is skewed.
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May 03, 2023, 01:45:01 PM
 #157

My economy is very helpful by getting to know the bitcointalk forum, here I know the right way to invest and also how to trade in crypto. but there is one more thing that really helps my family's economy when I get gifts from this forum and I exchange them for money. with bitcoin I think it helps almost everyone if they are able to manage Bitcoin


This was directly addressed to you, which I think is some sort of personal help in your finances, but I think the way you help the economy is that you can buy more foods right now, which means you paid tax as well as the owner of the store you purchased, so you are able to help them. The impact on the economy that happened before to me was that I was able to generate a few side jobs for others who needed financial help, but this was before when there were a lot of tasks to do and the pay was in bitcoin.
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May 03, 2023, 06:30:53 PM
 #158

Bitcoin is not a widely accepted currency globally especially in developing countries. Local currencies still hold sway seconded by the dollar. A lot of people still lack knowledge of the through nature of bitcoin, therefore, acceptance is skewed.
it provided opportunities to those who couldn't afford to participate in worldly economic decisions which is why the government doesn't like the idea of not only being threatened but also tipping their own hierarchy and giving people not on the same league a chance to make financial decisions.
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May 03, 2023, 07:57:54 PM
 #159

It is possible that individuals who benefit from investing in bitcoin can help their economy and their family. For example, if someone invests in bitcoin and earns a profit, they can use that profit to support their family and invest in other areas of the economy. Additionally, if more people invest in bitcoin and it becomes widely adopted, it could potentially lead to positive changes in the economy as a whole.
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May 03, 2023, 10:00:59 PM
 #160

It is possible that individuals who benefit from investing in bitcoin can help their economy and their family. For example, if someone invests in bitcoin and earns a profit, they can use that profit to support their family and invest in other areas of the economy. Additionally, if more people invest in bitcoin and it becomes widely adopted, it could potentially lead to positive changes in the economy as a whole.

Also, some also uses their profit it crypto trading and other sources from it to start a business. In this way it can help the economy to grow more since it is a fact that small businesses have a great impact in the economy especially in our country. Also, it can be a form of employment for those who does not have job so in that way it really minimizes the unemployment rate unofficially since this cannot be recorded by the government. Lastly, bitcoin and crypto awareness that makes them engaged in it making the people more financially aware and included so that they can make them financially secured in the future
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