Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: bdamenaakter on October 16, 2018, 08:42:38 AM

Title: Can bitcoin improve the economy of a country?
Post by: bdamenaakter on October 16, 2018, 08:42:38 AM
Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?
Title: Re: Can bitcoin improve the economy of a country?
Post by: Iconic on October 17, 2018, 08:35:47 AM
Yeah, one reason is because the value of bitcoin is very high and can change a country's economy. But, in my opinion the more considered why a country can accept bitcoin is because of its popularity and blockchain technology. Because as we know, blockchain is a technology that is able to easily record the entry and exit of data without the help of third parties.
Title: Re: Can bitcoin improve the economy of a country?
Post by: aldi putra on October 17, 2018, 03:30:23 PM
yes I think that could be why because the price of bitcoin is very expensive and many interested in bitcoin and that all does not close the possibility of not being bitcoin can improve the economy of a country
Title: Re: Can bitcoin improve the economy of a country?
Post by: jimmydvd on October 17, 2018, 07:40:20 PM
may indirectly affect the economy of the country because it could create someone's interest in the purchasing sector of an item will be high so that the economic wheel rotates more users of bitcoin currencies in a country that could happen
Title: Re: Can bitcoin improve the economy of a country?
Post by: Duckenth on October 17, 2018, 09:54:01 PM
Bitcoin can improve a country's economy if the government legalizes Bitcoin and active society in Bitcoin. Bitcoin is a great opportunity for those who are diligent to be able to make money. from here orabgt believes that bitcoin can improve the country's economy because there are so many ways that can be done to benefit from Bitcoin.
Title: Re: Can bitcoin improve the economy of a country?
Post by: Payme21 on October 18, 2018, 01:40:57 AM
Bitcoin can most definitely improve the economy of state but the state needs to be proactive by changing their negative stand of bitcoin and one way the state can do this is by legalizing all activities of bitcoin and make people pay tax based on the amounts of bitcoin spent