Can Bitcoin Help with Economic Problems?

[Ridam 7455]

Bro you are right but listen people aren't aware about the Crypto currency and  for people who are below the poverty line and doesn't have access to internet snd good device Crypto is difficult for them, but if we talk  investors and whale they get profit alwayfrom Crypto so there may be economic prosperity but poor are not affected by it.

[Brand1 1336]

Yes my friend, I think that bitcoin and cryptocurrency can help improve the economy of countries, and we can find out about this by reading the news that many countries create their own currency to support the country's economy.

[MrGox 880]

l would say some of them, but it is impossible to help all of economic problems. How can help BTC country, which has banned it? It is really exaggeration. But l can not deny this fact, person who are here right now can use opportunity of this world.

[Hazera 9]

Cryptocurrency could be a used for people who couldn't get job. In that case, unemployment rate of individuals in a community would be lessen. It could also be used to lessen the poverty rate of a country,

[Mishu1234 101]

I think bitcoin can help people by opening new earning site and thus unemployment problem can be reduced but it can not much help in improving a country’s  economic problem          

[Captain Karim 0]

We cannot say that bitcoin can help people under the poverty line because trade in the cryptocurrency market is considered one of the most dangerous types of trade due to the extreme volatility of prices, but the cryptocurrency market and bitcoin trading can become a source of income for many people if they have a strategy Successful trading.

[Thekingcallme 1975]

Bitcoin confirmation champion can help solve economic problems and the proof is that it solved the problem of unemployment and poverty for many people after they used it and traded it

[Maroua 1159]

For every personal view of seeing the characteristics of the cryptocurrency in helping to thrive the economy, there are people who see that the cryptocurrency is a means of concealing identity and using it in unlawful ways, but I consider that the cryptocurrency helps the economy because it is subject to more control than regular money, so no single penny can enter Without knowing exactly where it comes from.

[Jimmy26 987]

Cryptocurrency it's becoming a platform I think everyone should take some research and get some idea about this so that they can be able to recognise the value of cryptocurrency in global world also now it's becoming more important because of its growth rate many people's and investors are looking into it to get more profit because here if you have some experience and knowledge you can make money only using your experience that is the reason cryptocurrency is becoming so popular and viral among the global.

[P A Ashif 2409]

Can Bitcoin help in the economics? It's a question Which have both answer yes and no. Depends on the situation. If it is the case of an individuals economy then it is helpful. But in case of countries economy, it is controversial.

[Naylor89 1223]

I think yes. Troubled economies of some countries like Zimbabwe are resorting to bitcoin as digital currency that country is facing a serious hyperinflation as result of bad governance  thus prompted their citizens to source for an alternative currency to their already battered currency.

[kizz 3370]

Maybe bitcoin can help in economic problems but bitcoin cannot fixed it. Bitcoin does not have taxes so it cannot help an economy to grow. It may only happen if they somehow legalize bitcoin as one of the currency to be used in any certain country and use it in different market.

[malik6314193 5449]

Yes of course. Crypto world provide a platform to start earning money from just one dollar. You can trade, you can take part in bounties, airdrops, mining sites. 

[DavCrypto 298]

Certainly it helps, because you can work from your home to obtain bitcoin, and that does not require you to obtain university degrees or prior work experiences nor managers who control you, you work alone and get money for your work, it is the best development in history.

[DavCrypto 298]

On 1/3/2020 at 11:19 AM, awaiskhan said:

We know that economic problems of any econmy can be resolve by mutual understanding and policies. So likewise if any economy do good and economic freindly policies concern to bitcoin and other altcoin then problems can be resolved and crypto world can play good role in it

This is true, but the biggest role Bitcoin plays, my friend, is that Bitcoin job vacancies are unlimited, anyone can enter and work in cryptocurrencies and collect money.

[pablomarwan 3082]

I agree with the idea that Bitcoin can save a person from the poverty threshold if he knows how to achieve that. I mean, he works on a successful strategy and takes steps that enable him to avoid the risk of losing what he owns. A lot of work in this field has achieved impressive results

[Rezort 846]

Bitcoin can and already made some people richer, I believe that in the future it will only create much bigger profit for anyone who works with it or interested in.

[Virgil dijk 1431]

Yes bitcoin can actually help in economy problem , because it gives an individual the opportunity to make money online and also being free from task , so bitcoin can actually make an individual to be self employed.

[IamLeader12 682]

I think not, even if because of bitcoin there will be much less poor people, the state will make a tax on income from cryptocurrencies as they are greedy.

[Hasmizara 64]

Many of us make money by trading in crypto. But I think Bitcoin can help solve economic problems. By working in crypto we can improve the economy of any country by investing. But it takes time. Everything takes a while to get up.

[Mcd0d0 5882]

On 3/22/2020 at 1:57 PM, Treat1234 said:

They have try all means to make bitcoin Centralized so that they can have control over bitcoin, but they always failed and that why they don't want to legalized bitcoin in their nations

If bitcoin will be make a centralized, there's a possibility to lessen the number of users of it because this is the uniqueness of bitcoin to others because they can earned here day by day and also used it without any extra payments.

[Treat1234 0]

1 hour ago, CryptoChief192 said:

If bitcoin or any other legal cryptocurrency is used correctly than yes, this can help the country gain more economy, plus it will help the country provide jobs for people, so crypto can find many uses if it is used in the right line

Yea, people have started to realize the importance of cryptocurrency and this will give us more opportunities to have a good advancement of cryptocurrency and to be used by everyone

[CryptoLover21 0]

For us bitcoin help make our economic status standard than before in my country people are dominated by government tax system if people use bitcoin heavily then government can't take to charge from our money then country development not possible so many countries banned bitcoin.

[BTC Future 3946]

On 4/20/2020 at 7:16 PM, DavCrypto said:

Certainly it helps, because you can work from your home to obtain bitcoin, and that does not require you to obtain university degrees or prior work experiences nor managers who control you, you work alone and get money for your work, it is the best development in history.

Indeed it is like a second chance for everyone. Although right now payments depending on where we live, for the most part of the world are not good to cover much of the expenses, still it can be a really good extra income. 

[Zaino34 0]

Certainly, encryption can help improve the economic situation of individuals because it constitutes a good job opportunity for many people and constitutes a good income for them despite the restrictions imposed on this area by governments.