Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Domithra on September 14, 2018, 04:43:38 AM

Title: How does Bitcoin help the economy of a country?
Post by: Domithra on September 14, 2018, 04:43:38 AM
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.
Title: Re: How does Bitcoin help the economy of a country?
Post by: Crypto Guard on September 15, 2018, 08:11:06 AM
Bitcoin and blockchain will help a country's economy, I think that is true. The blockchain system can be implemented in a state system and bitcoin can be applied to a very profitable individual business.
Title: Re: How does Bitcoin help the economy of a country?
Post by: backspace on October 27, 2018, 09:15:17 AM
@cryptoguard, and is proven to be able to reduce the number of unemployed in several countries. Many people claim to be helped financially after joining bitcoin and that is an indisputable fact.
Title: Re: How does Bitcoin help the economy of a country?
Post by: meale on October 27, 2018, 05:40:49 PM
Cryptocurrencies are disruptive 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. Every transaction is digitally recorded in blocks which act like ledgers and once a block is filled a new block is created. All blocks are connected to each other using hashtags and a linear chronological sequence of these blocks forms a blockchain.