The economic impact of Bitcoin

[emma.lee1890]

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.

[simplex]

Bitcoin is one of the first cryptocurrencies. It was created in  2009, when an individual (or group) using the pseudonym Satoshi Nakamoto introduced the Bitcoin platform, which hosts bitcoin, the digital currency. The platform is built on the idea of proof-of-work data, which is time-consuming and expensive to produce, but is easily verified. In the case of Bitcoin, proof-of-work is created via the mining process.

[glina]

At one time, very few people thought Bitcoin would ever make a serious impact in the world. Many viewed it as more of an obscure hobby or a pipe dream than a real investment opportunity. Today, the story is quite different.News about Bitcoin and other cryptocurrencies, as well as blockchain, is everywhere. Banks, companies, investors and governments have taken a real interest in it.

[kevinjulio]

bitcoin will exert influence and great contribution in terms of the economy. the future will begin to realize that bitcoin is part of the job they are going to focus on because the results are great. Additionally, the bitcoin will be like that for the development of an increasingly larger.

[bdamenaakter]

Currently in majority of countries Bitcoin doesn't have impact on economy or it can't be measured because Bitcoin still isn't formaly introduced into economies or financial systems. The reason for that is lack of regulation that would enable Bitcoin to be formal part of economy and accepted by businesses.
Until that happens Bitcoin might have only impact of economy of some individuals that are dealing with Bitcoin but that can't formaly have impact on global economy. The other reason is also that Bitcoin is not so mass accepted to have some serious impact on economies.

[yousufatik]

I take bitcoin to be the 21st century financial revolution and this is what the world economy need right now the total financial freedom, free and secured fast mode of carry out financial transactions and at that the economy will benefit positively from this which will robe positively on the entire masses found within the economy which are at the driving force of every economy.

[ANGGAJR]

Bitcoin akan memberikan dampak besar bagi pertumbuhan ekonomi masyarakat luas,dengan adanya bitcoin ini justru masyarakat udah mulai berminat dan fokus untuk di jadikan sebagai pekerjaan atau pengasilan pokok.

[yitzjoe]

bitcoin will increase user revenue directly if they are serious about trading and also help a lot of trading activities such as import export between countries, this is concrete evidence of the influence of bitcoin on trade and of course the economy of society

[hsyncl]

I think it has a very exhilarating effect on the world economy right now. In addition, the government will make a decision to support the support of the Eft decision will have a very large return.

[getto]

The term “Economy” is too broad, It encompasses all activity related to production, consumption and trade of goods and services in a country. So to trade you need a convenient medium of exchange that is currency and to issue a currency you need a trusted party like government and central bank. That’s where Bitcoin is challenging the traditional methods.

[trackermoney]

Absolutely, Bitcoin offers a variety of forms and types of activities that are better and more efficient and the effectiveness of good time. Bitcoin is indeed very influential in the world economy because it can help financial conditions easily transact and costs are not expensive due to the absence of a third party. I think Bitcoin also reduces unemployment. Very useful for the world economy.

[88percent]

The economic impact of Bitcoin seems to be very good and has a good impact on the world economy and loyal state. Because with the existence of bitcoin, they are citizens who are agitated and do not work, can plunge into the world of Crypto and choose Bitcoin and start doing business in this bitcoin. On the other hand, saving money in Transactions, also better, effective and efficient also in conducting transactions using bitcoin, as well as the absence of third parties.

[Mbah Jenggot]

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.

Yes I think Bitcoin will give good impact for economy. It is good investment and best payment system. It is offer jib oportunity by joining trading and bounty program.

[gribble]

yes I think bitcoin will have an impact on a very good economy and on a world economy and a loyal country. Because with the existence of bitcoin, for those who are restless and not working, they can plunge into the world of Crypto and choose Bitcoin to start doing business in bitcoin. Because on the other hand, saving money in transactions is also better, effective and efficient in making transactions using bitcoin, as well as the absence of a third party.

[indexx]

The world economic impact in the presence of Bitcoin is the existence of digital currency and many businesses in it. This will be useful for people who do not have jobs or unemployment. They can work in Crypto, so it will raise the income of the world community. Then it's true, this transaction in Bitcoin is very easy and the cost is not expensive. But the negative impact is the lack of state revenue because there are no citizens who pay taxes because they work with Bitcoin.