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Author Topic: does bitcoin help in your economy?  (Read 1489 times)
Bitcoin2009
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June 25, 2023, 12:58:10 PM
 #221

Until now my country has not legalized bitcoin and cryptocurrencies, so there are no official reports whether bitcoin helps the economy in my country or not, and I think the bitcoin community continues to increase so I think the presence of bitcoin can make many people get jobs such as mining, trading and so on.
Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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June 25, 2023, 02:10:51 PM
 #222

Yes, bitcoin is huge and highly advantage towards store of value and a way of payment system that will change the future of finance. We are not yet well adopted of bitcoin in our country but we are slowly embracing the future of it like using the lightning network in some sort of payment system method that any foreigner or local can buy or exchange services using bitcoin as payment. That would be a dream that our whole country will surely embracing bitcoin!

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June 25, 2023, 02:32:13 PM
 #223

That's how it is, everything we earn in Bitcoin helps us as well as the economy of course. When we exchange Bitcoin for real money and buy household necessities, pay bills and much more.

Through taxes we help the economy and through our Bitcoin earnings we help our family. This is where we can notice that the use of Bitcoin gives us a lot of value.

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June 25, 2023, 02:53:01 PM
 #224

That's how it is, everything we earn in Bitcoin helps us as well as the economy of course. When we exchange Bitcoin for real money and buy household necessities, pay bills and much more.

Through taxes we help the economy and through our Bitcoin earnings we help our family. This is where we can notice that the use of Bitcoin gives us a lot of value.
Everyone certainly has their own opinion about Bitcoin but in general I think we don't need to doubt it anymore that it helps a lot of things, especially from an economic point of view,
many people are helped because of Bitcoin and of course it's really amazing,
most importantly we need to be grateful and keep working hard.



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chrisculanag
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June 25, 2023, 09:52:01 PM
 #225

That's how it is, everything we earn in Bitcoin helps us as well as the economy of course. When we exchange Bitcoin for real money and buy household necessities, pay bills and much more.

Through taxes we help the economy and through our Bitcoin earnings we help our family. This is where we can notice that the use of Bitcoin gives us a lot of value.
Everyone certainly has their own opinion about Bitcoin but in general I think we don't need to doubt it anymore that it helps a lot of things, especially from an economic point of view,
many people are helped because of Bitcoin and of course it's really amazing,
most importantly we need to be grateful and keep working hard.

You are right there, even though it brings us different things, we are better off because of the positive effects it has on us. Because of this, we will be able to expand its scope and the number of people who will enjoy using it will increase.

So no matter what happens, I will continue to enjoy it and I will work even harder because I know that one day it will raise my standard of living by using it properly.

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June 25, 2023, 10:45:52 PM
 #226

That's how it is, everything we earn in Bitcoin helps us as well as the economy of course. When we exchange Bitcoin for real money and buy household necessities, pay bills and much more.
It is undeniable what you say because Bitcoin which can be cashed into any fiat currency has become one of the assets that can help many people who have it and those who believe in it for a long time. And if you want to share the things that you feel and experience through Bitcoin to the people closest to you in life, of course they will also like Bitcoin and the effect will also be quite good because Bitcoin will get new users over time.

Quote
Through taxes we help the economy and through our Bitcoin earnings we help our family. This is where we can notice that the use of Bitcoin gives us a lot of value.
Not only has a lot of value, but it can also overcome many problems that are often faced by some of its users in life. Because problems always arise when someone has no money, but someone can handle it well if he has Bitcoins that he can sell for money and get the problem solved. That is the effect of assistance that can be created through Bitcoin for its users so far besides being able to provide benefits to many users.

Everyone certainly has their own opinion about Bitcoin but in general I think we don't need to doubt it anymore that it helps a lot of things, especially from an economic point of view,
many people are helped because of Bitcoin and of course it's really amazing,
most importantly we need to be grateful and keep working hard.
Apart from always having to be grateful, every Bitcoin user must also be grateful to Bitcoin because they have been helped when they have known Bitcoin all this time, because maybe they would never get more help in any form if they did not know Bitcoin. The economic aspect is an aspect that must always be considered because problems often arise for everyone when their economic conditions get worse in life. So this is a very important thing for everyone.
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June 25, 2023, 11:25:33 PM
 #227

Personal economy and financial capabilities, yes it does. Bitcoin’s tailored to help people that way after all. But if you’re looking at bitcoin as some sort of “economic savior” that will just one day swoop in and solve all economic struggles a country’s struggling with then I have bad news for you. Look at El Salvador, one of the countries out there who wholeheartedly accepted bitcoin and even used it in exchange for their national currency, they’re still struggling wconomically even though bitcoin’s already a part of their economic equation, why is that a thing?

Ecojomic struggles could only be avoided by solving the issues that cause them in the first place. If you look for alternatives you’re basically just admitting to neglect.
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June 26, 2023, 05:54:53 AM
 #228

Not directly, I mean I don't just buy Bitcoin and then sell it for multiple value. But I am benefiting from the crypto industry that is initiated by Bitcoin, I am working as a freelance graphic designer and most of my client now come from crypto Industry. And I think today millions of people is working in crypto industry, and if not because of Bitcoin this industry might not even exist.

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June 28, 2023, 05:39:12 AM
 #229

In fact, many people are helped by technological advances in which there are bitcoins, because those who work in the crypto and related fields have clearly provided many new jobs that were previously unthinkable. Apart from doing crypto trading, there are other jobs that continue to grow with more and more people using crypto to be able to produce. I myself am helped by the development of the crypto industry, although not in full, other than if I really want to invest or trade, which I haven't done yet. on a full scale due to limited funds.

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June 28, 2023, 07:19:24 AM
 #230

Of course, Bitcoin help my financial although still not be with financial freedom, I have been online working more than six years and Bitcoin is my earning income every day although some time should holding after purchasing and price drop. Generally, many people their financial is better after investing with bitcoin but don't blame has many people loss their money after investing in bitcoin and with wrong method. Loss and profit in bitcoin like night and day can not be separated, during Bitcoin still exist and profitable I don't have ideas leaving bitcoin for investing.

Left target with reach financial freedom by investing in bitcoin and my hope before halving time in 2024 all my assets growing up from Bitcoin until altcoin.
Well profits and losses are normal things we encounter in bitcoin trading. But in bitcoin investing, as long as we hold on tight and only sell when the target is reached, we can avoid losses. And I am also the same as you who have felt helped after getting to know bitcoin. Especially in terms of long term investment. I even came to understand more about the importance of freedom in holding assets, namely in a decentralized system, after getting to know bitcoin. before I could only keep my money in the bank. but now I have a lot of options and actually saving in bitcoin can also avoid inflation.
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June 28, 2023, 07:33:10 AM
 #231

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?


Sa ilang taon ko na dito sa crypto industry, madami na akong nakitang mga crypto na nakapagbigay ng magandang dulot sa ekonomiya ng mga bansa na tumaggap sa cryptocurrency o Bitcoin. Kaya dumami yung mga merchant na nagsilabasan sa iba't ibang bansa dahil nakitaan ito ng gobyerno na pwede na makatulong sa ating ekonomiya.

Siyempre, the more na madaming merhants ay madami ding tax na sisingilin ang gobyerno sa mga merchants na ito dahil rehistrado ang mga ito ng SEC kaya nakakapag-operate sila ng legally sa bansa din.



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Rainbot
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June 28, 2023, 07:39:24 AM
 #232

Bitcoin mainly helps me maintain my wealth. It helps to run away from inflation of fiat money. Its much better version in gold. Otherwise I tend to buy Bitcoin in low amounts everytime its price relatively goes down. I am making good amount of money through this way as additional income. I feel bad selling Bitcoin in general honestly. But Bitcoin is very positively affecting my life - I can assure you. Bitcoin created whole new route so we can profit through.
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June 29, 2023, 04:12:02 AM
 #233

That's how it is, everything we earn in Bitcoin helps us as well as the economy of course. When we exchange Bitcoin for real money and buy household necessities, pay bills and much more.
It is undeniable what you say because Bitcoin which can be cashed into any fiat currency has become one of the assets that can help many people who have it and those who believe in it for a long time. And if you want to share the things that you feel and experience through Bitcoin to the people closest to you in life, of course they will also like Bitcoin and the effect will also be quite good because Bitcoin will get new users over time.

But there are still people who don't believe even though they already know that there are benefits received from enjoying it. Almost most of those who want to learn it are those who have a positive view about technologies because they can more easily apply them in their daily work. But for natural people like me, the knowledge was small before but now it has expanded because of the effort to learn the world of cryptocurrencies. Maybe many more decades will pass before they enter such a system but for now we just keep sharing the good things about cryptocurrencies.


Through taxes we help the economy and through our Bitcoin earnings we help our family. This is where we can notice that the use of Bitcoin gives us a lot of value.
Not only has a lot of value, but it can also overcome many problems that are often faced by some of its users in life. Because problems always arise when someone has no money, but someone can handle it well if he has Bitcoins that he can sell for money and get the problem solved. That is the effect of assistance that can be created through Bitcoin for its users so far besides being able to provide benefits to many users.
That's true, as long as you are smart and strategic in handling bitcoin, there is sure to be good income or money that can be used when needed. It's really good to study slowly so as not to fall into losses, especially if investing. So while it's still early and the body is still able to save, just save, because the day will come when this bitcoin will rise again.

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July 05, 2023, 11:25:14 AM
 #234

Of course, Bitcoin has helped me and my family financially. My family and I have benefited greatly from Bitcoin. Every investment has profit or loss. Yet every time I have invested in Bitcoin, most of the time I have been able to make profit. With the money earned from Bitcoin, I have been able to influence my family to some extent, economically. And with some money created employment for others which will help me and my family more financially.

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July 05, 2023, 09:07:41 PM
 #235

Of course, Bitcoin has helped me and my family financially. My family and I have benefited greatly from Bitcoin. Every investment has profit or loss. Yet every time I have invested in Bitcoin, most of the time I have been able to make profit. With the money earned from Bitcoin, I have been able to influence my family to some extent, economically. And with some money created employment for others which will help me and my family more financially.
Not everyone who invests in bitcoin makes a profit but like you, bitcoin has really helped me a lot economically. Honestly, I don't know if it's possible to survive the covid pandemic without bitcoin. It can be said that bitcoin has brought many benefits to those who know how to seize the opportunity and invest in it strategically. But many people are exaggerating it when they think it can help a country's economy better. It is just a highly volatile investment, so it is suitable for individual and institutional levels, it cannot help a country's economy go up.

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July 06, 2023, 01:05:01 PM
 #236

Bitcoin has helped a lot, of people, stay at the convenience of their homes to perform numerous transactions, without knowing their identity, the decentralization of Bitcoin has made it impossible for an entity to control the system, and this has helped in curtailing enormous fees and taxes.
Individuals are happy because they can hold their Bitcoin, and access it whenever they want and where ever they go, the knowledge I got from Bitcoin is so much.

The technology Bitcoin came with has helped people get more knowledge not only in Bitcoin but in other things. This currency has many benefits attached to it, some people may not like it but I must be sincere bitcoin has a lot to offer time will determine. Bitcoin has helped many families today in the aspect of putting food on their tables, the first million made by some people in real life was from Bitcoin, I might not remember all but the benefit of Bitcoin is much.


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July 06, 2023, 02:15:25 PM
 #237

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?


Sa ilang taon ko na dito sa crypto industry, madami na akong nakitang mga crypto na nakapagbigay ng magandang dulot sa ekonomiya ng mga bansa na tumaggap sa cryptocurrency o Bitcoin. Kaya dumami yung mga merchant na nagsilabasan sa iba't ibang bansa dahil nakitaan ito ng gobyerno na pwede na makatulong sa ating ekonomiya.

Siyempre, the more na madaming merhants ay madami ding tax na sisingilin ang gobyerno sa mga merchants na ito dahil rehistrado ang mga ito ng SEC kaya nakakapag-operate sila ng legally sa bansa din.


Are you sure what you are saying? Which cryptocurrencies have been bringing good results to the economies of countries, and which countries are those? I have also been involved in the market for a long time and regularly follow the news, but I have not heard any information like you mentioned.

The crypto industry is just a financial market and so volatile, I don't think it will have an impact or can help a country's economy. It is just a speculative market and has not brought any real benefits yet. If you are referring to individuals, then I will totally agree with you because early bitcoin investors changed their lives.

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July 06, 2023, 02:15:36 PM
 #238

But there are still people who don't believe even though they already know that there are benefits received from enjoying it. Almost most of those who want to learn it are those who have a positive view about technologies because they can more easily apply them in their daily work. But for natural people like me, the knowledge was small before but now it has expanded because of the effort to learn the world of cryptocurrencies. Maybe many more decades will pass before they enter such a system but for now we just keep sharing the good things about cryptocurrencies.
There is no need to care about other people who don't believe in the benefits of cryptocurrency, because basically they also have their own reasons not to believe in something even though it has been proven good and useful for many people. It's better to just focus on your own goals and continue to increase your knowledge in everything that you need at the moment regardless of what other people are thinking about cryptocurrencies.

That's true, as long as you are smart and strategic in handling bitcoin, there is sure to be good income or money that can be used when needed. It's really good to study slowly so as not to fall into losses, especially if investing. So while it's still early and the body is still able to save, just save, because the day will come when this bitcoin will rise again.
Never doubt about an increase in the price of Bitcoin because it will always be possible to happen as long as there are lots of people who want to buy Bitcoin at any time. Everyone only needs to try to learn and invest according to their current abilities without having to sacrifice existing assets except for only using time for these things, even though time is also a very valuable capital in life.
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July 06, 2023, 02:37:48 PM
 #239

Bitcoin has helped a lot, of people, stay at the convenience of their homes to perform numerous transactions, without knowing their identity, the decentralization of Bitcoin has made it impossible for an entity to control the system, and this has helped in curtailing enormous fees and taxes.
Individuals are happy because they can hold their Bitcoin, and access it whenever they want and where ever they go, the knowledge I got from Bitcoin is so much.

The technology Bitcoin came with has helped people get more knowledge not only in Bitcoin but in other things. This currency has many benefits attached to it, some people may not like it but I must be sincere bitcoin has a lot to offer time will determine. Bitcoin has helped many families today in the aspect of putting food on their tables, the first million made by some people in real life was from Bitcoin, I might not remember all but the benefit of Bitcoin is much.
Very many people are helped even economically by trading or investing in Bitcoin, I have seen people who only get income from trading Bitcoin but they can live luxuriously but what must be realized is that all of this does not happen by itself but must go through a lesson. long-term process to be able to produce or help improve the economy.

Regardless of technology, but now we talk about Bitcin's influence on our economy, I think it helps a lot of people, including myself, who receive many benefits and can stabilize my finances.

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Compromise me
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July 06, 2023, 03:39:48 PM
 #240

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?
To improve our economy it is key to first improve our culture and ecosystem. This improvement can only occur when prosperity is linked to happiness and well-being. Also if we integrate Education on trading and investment into our school systems we can Potentially boost our economy in the future.
It is important to apply technical analysis to mitigate losses in Bitcoin. It has been observed that investing in Bitcoin can result in losses but by utilizing Technical Analysis, you can minimize the risks. Furthermore it is advisable  engage in longterm investments rather than short term investments and trading in Bitcoin as the chances of losing money are higher in the latter. So  it is recommended to pursue long-term investmant strategies in Bitcoin.

R


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LLBIT|
4,000+ GAMES
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