Can Bitcoin Help with Economic Problems?

[bry.anthny9 7]

I'm very sure that bitcoin can make you become financial freedom in the upcoming year, but you need to just be holder, and dont trade it especially with the high leverage trade, because bitcoin is like to take most amount of money from most amount of people, this is how market work, not anyone can be in win side, thats why we need to avoid to become loser by just holding, if you want to trade make sure that your long term holding portfolio can cover if you loss.

[ksuy2611 23]

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.

[mahdichelloi 0]

Blockchain technology will not just help the world economic it will have big  revolution we should adabtes with next few years 

[fzdesign 50]

I don't think that the bitcoin that doesn't have a tax helps a lot to the economy of a country, the only thing that it will do is to complicate the things more, it would be necessary to explain from where that money came and for what uses it will be given, and also this the other part can be lost and it would be very difficult to track 

[Gabomg 54]

It's all part of the fractional reserve system by which banks lend money they don't have. This is something that the creator of Bitcoin did not agree with. Being mathematically finite, inflation resistant, cryptographically secure, and decentralized, Bitcoin actually solves this as designed. Unfortunately, it is currently controlled by a handful of whales rather than being spread evenly among the masses where it could serve as a borderless global currency without the need for banks.

[DanielMcRon 598]

I think that bitcoin shouldn't get into the world economy. This coin is a symbol of cryptocurrency, which is the sphere of technology and income. If all this is transferred to the economy, then the cryptocurrency will turn upside down. And it will not be clear whether the state of the economy and cryptocurrency in general will worsen or improve

[jjmorin02 34]

The bitcoin is an initiative to eliminate the government in the best of our money since through the use of these, the state does not obtain the profits that they normally get from the payment of these taxes, the greater the person who begins to use the bitcoin As a means of payment and purchases, the government's income from taxes will be lower, which can cause serious problems in its economy.

[Nafiaaaa79 111]

Of course,Bitcoin has that ability to help people with economic problems. Most of the countries are suffering from poverty problems and the government can not help that much on it. Digital currency have that ability to change that condition. Just we need to do some work it to make that successful.

[Banito23 216]

Bitcoin can help the less privilege people to earn a living. The present of Bitcoin has helped to discourage many unemployment issues in many countries. People can now earn daily, weekly or even monthly income since the present of Bitcoin.

[jhonsu777 63]

That depends on the country but bitcoin is not the solution to all problems, it is like a lifeline for those who are already drowning in the sea where the most awake do not allow finances to be affected, this technology can help to decentralize and free people people, to have control of capital and safeguard property in the blockchain, there is an immense amount of options and a world that opens up of possibilities that allow a society that suffers economic problems, this technology helps payments They are global and only in minutes to anyone where they are, this market never closes and is available all year round, it does not sleep and is active all the time without restriction for those who only mention the purchase or sale, it is not the solution to everything but if it helps in something to be different to grow as a society to improve every day

[Joli7 25]

Bitcoin can help with financial problems because it has many benefits and helps to generate income with very little effort to anyone.

[Ackireseyer 56]

There are many factors to consider to come to think that cryptocurrencies, in reality, Bitcoins can solve all the problems of the economy that exist worldwide due to this pandemic, unemployment increased a lot, that is why most people have chosen to invest in  Cryptocurrencies from your home as a minimum investment can double your profits, you can solve problems but in the future with time and effort.

[Ledg 44]

On 03.01.2020 at 09:05, Afrizal rahman said:

Digital technology helps change one's life and the presence of Bitcoin has shown a new era in this advanced technology world.  Today many people are familiar with Bitcoin, although only a few countries accept it.  We need to know that Bitcoin is an electronic money made in 2009 by Satoshi Nakamoto.  The name is also associated with open source software that he designed, and also uses peer-to-peer networks without centralized storage or a single administrator where the United States Treasury calls bitcoin a decentralized currency.  Is the presence of Bitcoin can help people who are below the poverty line, because many people say that Bitcoin is a way to make money easily and tax free for its users.

Yes, you can earn bitcoin but if you have the right conditions.  And if people are below the poverty line, then they simply do not have the resources to mine cryptocurrencies.  It requires technology, electricity, internet and all this costs money.  I think when a person has a very limited budget, he will not think about mining Coins, he will think about how to live and what to eat.  But tax exemptions will help keep most of your money

[Affect579 66]

I do not think that bitcoin can greatly affect the economy and significantly raise it. Yes, of course, bitcoin can help people make good money on investing and trading. Bitcoin can bring good benefits, but not fundamentally help the economy.

[hassan7951 25]

Yes bitcoin is a new industry that has helped a lot of people out of poverty, it's not as easy as people think, to get bitcoin you have to work hard, work day and night, that is,  It's not as easy as people say.

[bakaL 22]

Bitcoin can not help people below the poverty condition to make money easily, because it is not produced as somebody wish and has a certain price, so people without money can not change them in bitcoin. On the other hand, cryptocurrencies permit to exchange the money quickly and comfortably.

[George10 9932]

On 1/3/2020 at 8:47 AM, Afrizal rahman said:

Yes, with taxes, it seems the government will be helped, such as road management and other infrastructure. Yes the government uses taxes to advance their country. Yes, I think tax exemption is not good. Thank you for sharing information with me.

I also think when the governments adopt cryptocurrence like bitcoins and start collecting tax from it's users then it can help on improving the economy.

[Alexánder Morffe 235]

Bitcoin is already a fundamental pillar of the global economy, many analysts of the traditional market do not like it but they will have to adapt, there are already millions of daily transactions that involve the creation of satoshi narakamoto, it allows the payment of goods and services, large companies of the prestigious world recognizes its benefits and day by day they continue to expand their radius of action.

[jhonsu777 63]

Not all economic problems are solved by bitcoin but if it makes you more free with money, having control of everything you can be your own bank and get rid of very high commissions if you want to make interbank payments between countries, it is essential to know that You must have a good financial education so that you can manage your expenses and investments well, it is essential to know the flow of money that Kiyosaky taught in his books, this is a book that everyone should learn from Rich Dad Poor Dad where he teaches a lot about life, among other bell seller you should consider educating yourself first and then apply what you have learned.

[Mosab73 333]

Bitcoin is a decentralized currency and therefore it is tax-exempt and there is no one controlling this currency, so it is anonymous for most countries, and this is a problem for Bitcoin to expand and spread, because there is no legal framework for it, few countries have started dealing with bitcoin, the bitcoin currency at the individual level  And investors are good and spread globally as it helps people with low incomes to increase their income

[RS1979 31]

Yes for sure Bitcoin can help, especially in poorer countries like Venezuela where you cant trust FIAT. It can also lead to financial freedom if you make the right decisions.

[mildred27 317]

I think that more than bitcoin, cryptocurrencies with their decentralized systems can help the economy a bit, many people have been able to benefit from cryptocurrencies but in a certain way I think they are somewhat exclusive, not everyone at the moment can have devices and access to Internet.

[No_Regrets 29]

Bitcoin,the most famous of these cryptocurrencies,has already permitted many people and companies to develop and flourish ,while many also rely on trading as their source of income

[bra231997 215]

On 1/3/2020 at 3:05 AM, Afrizal rahman said:

Digital technology helps change one's life and the presence of Bitcoin has shown a new era in this advanced technology world.  Today many people are familiar with Bitcoin, although only a few countries accept it.  We need to know that Bitcoin is an electronic money made in 2009 by Satoshi Nakamoto.  The name is also associated with open source software that he designed, and also uses peer-to-peer networks without centralized storage or a single administrator where the United States Treasury calls bitcoin a decentralized currency.  Is the presence of Bitcoin can help people who are below the poverty line, because many people say that Bitcoin is a way to make money easily and tax free for its users.

It depends on the situation, in very poor countries very few people access the internet and through it bitcoin operations were carried out

[Honny143 13612]

1 hour ago, George10 said:

I also think when the governments adopt cryptocurrence like bitcoins and start collecting tax from it's users then it can help on improving the economy.

Obviously if any government take tax from crypto traders then that amount really helps to increase that country economy, because lot of amount transaction every day but governments not maintain any data,

if every country regulates crypto then all countries surely improved their economy.