Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Domithra on October 16, 2018, 02:35:08 AM
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Bitcoin has the capabilities of positively affecting the world's economy in general. Bitcoin offers good incredible benefits to our finances by harnessing payment methods through the provision of good security, fast transaction, low cost per transactions, owner control of transactions etc.
Bitcoin also offer job opportunities and financial satisfaction to the people and as such boost the economy of the world.
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It is true. Bitcoin even offers benefits without capital such as following a bounty, airdrop or faucet. And some people escape poverty after joining the world of crypto and bitcoin. This is extraordinary, which is why I consider bitcoin and crypto are bright futures.
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I don't fully agree with your opinion, bitcoin is only used as an alternative to remittances. Satoshi Nakamoto does not say that bitcoin is money but is said to be a substitute for shipping transactions without a third party. So that it will not directly affect the economy, in my opinion, what affects the economy is the ICO project which has real products that can be used by many people.
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I agree with the author of this article, bitcoin and other coins have really good ideas, and they can stimulate the economy in many countries, I hope that the whole world will understand it soon 8)
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Bitcoin and the crypto markets has its own economy, and I don't think it affects the outside of its sphere that much seeing that what money goes in on bitcoin, goes out in fiat at the end of the day. Perhaps if one country adopts bitcoin as a side-currency that can co-exist with their own fiat, then it will somehow provide some impact on the domestic economy of that country, but til then the effect is very minimal and exclusive to the crypto markets.
If a huge percentage of the merchants around the world starts sending and accepting bitcoin, we might see some significant impact given that bitcoin is excellent at transnational payments/transactions. Revenues and such in bitcoin and crypto would also be taxed, so there's that as well.
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Bitcoin does have a good impact on the country's economy, but there are still many who see bitcoin as something that is useless and unsettling to many people and even investors because of the ICO project that runs a scam scheme, whereas in fact not all projects run the same scheme. If bitcoin has been recognized all over the world then I also believe that with bitcoin there will be more innovation and more business opportunities and of course it will be better to build the country's economy.
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Bitcoin offers meaningful ways to everyone who participated and belong in crypto as another source of finances and even a full time crypto job. In short you are right that bitcoin helps the economic growth without realizing by the government.
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This actually works for early investors,they have really benefited from their investment but for new investors they need time and patient to achieve their goals too.
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But if we are impatient the results will bounce to ourselves.
The point is that we should not be greedy in cryptocurrency trading. Gratitude is the best way.
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I think our economic impact with krypto I think will be better with the way we invest in krypto, so we will also get more profits, seeing the development of krypto prices also increase every day, so for us the impact of krypto in the future will be more developed.
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really very helpful, and the more bitcoin is developing, the more profitable for investors, both beginners and seniors
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any decision or activity will have a positive or negative impact, just as bitcoin is very fast affecting economic growth in the world. can the government compensate for bitcoin which can draw attention which all will lead to bitcoin .