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Muhammad Hamdan

Do you think crypto currency help countries?

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On 2/3/2020 at 1:41 PM, Muhammad Hamdan said:

My main question about crypto currency is that does it help any country ecnomically?

And if so can we expand and make it a worldwide and help poor countries stablise their economy?

Helping pople led to help any economic for any country, i people gain money they will do alot of good investment inside any country...

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20 hours ago, rounack said:

yes friend i believe that crypto and blockchain technology can help countries.also can give more clearification in finance and give us a good economical boost.because crypto is based on decentralised platform.no one can make hidden transactions in crypto

Some people say that crypto transactions cannot be traced even though crypto is the most transparent technology. They do not understand too deeply about the benefits of crypto. Everything you say is quality and world-class comment.

 


<Bitcoin> 33UiM7HjYSH9ZuCfdQiRKmWNJdGhLx444W

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Everything have negative and positive side. Crypto currency has also positive and negative side. 

Positive is many people are coming work on here, they earning from here and maintain their family. It's help to lead them life easier way. It's increase the per head income which is going to direct impact on the economy.

 

Negative side is ,everyone use crypto for transfer be there funds. That's why decrease the remittance. The terrorism process are increase. They hide them easily.

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Crypto market helping peoples for earning money for them and if peoples purchasing power increases then it's means it's helping economy of the country also. 

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It has actually helped countries even if they won't acknowledge it. It has kept some youths engaged and has provided others with source of income.

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It is very helpful for the country. I think cryptocurrency has increased the economies of countries.

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No, I do not think that cryptocurrency has anything to do with helping countries, not from far or near. Cryptocurrency is a decentralized and unaffiliated market, meaning it is almost imaginary.

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Yes, it is since as the payment exchange to the countries currency it will help to grow their economy. 

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I think crypto currencies can help countries because it can become a means of payment for that particular country which may have had a low currency rate and the crypto currency will boost the economy of that country.

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My opinion is Yes crypto currency can help lots in a country because it help in reducing unemployment, mostly in Africa, most Africa countries are under developed

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Yes, you can encryption and the encrypted digital help the economy of any country if the country has to work on the consultation but the government is working behind the scenes without anyone knowing about it and there is a bit of work and a lot of consultation 
But there's nothing official for governments.

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Of course, to me it even promote the advancement of our economy ,when unemployed people engage in this, they get their source of income too, high crime rate & corruption reduces.

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It helps many countries, and if the other countries took the path of cryptos they would also be helped, but no one can change their misconception about cryptocurrencies, they are afraid.

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Yes, I think crypto currency helps a lot of countries, because there are a lot of unemployed people working in crypto currency, who are making good money, and utilizing the country, so I think crypto currency shows good means of helping the country.

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On 2/3/2020 at 6:41 PM, Muhammad Hamdan said:

My main question about crypto currency is that does it help any country ecnomically?

And if so can we expand and make it a worldwide and help poor countries stablise their economy?

Crypto help people about their private economy, for country crypto is treat for currency stability. Many things can doing use crypto but I'm really sure country will never release regulation and will fight to defeat crypto. For crypto follower helpful but for government " illegal ".

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Yes, cryptocurrencies have a very important effect in strengthening the economies of many poor and developing countries.  I think that the economies of the countries that will use this technology correctly and beneficially will strengthen in a short time.  Cryptocurrencies and cryptocurrency technologies are liberation for many countries.


My main language is not English, sorry for if i made any mistake when i write a message.

 

Give me 💙 if my post is helpful

Thank you.

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On 2/3/2020 at 4:41 PM, Muhammad Hamdan said:

My main question about crypto currency is that does it help any country ecnomically?

And if so can we expand and make it a worldwide and help poor countries stablise their economy?

Crypto currencies have a specific functionality which can help poor countries to lift up their economy. But it can only happened with the help of proper regulations.

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On 2/3/2020 at 1:29 PM, Sharjeel said:

Yes crypto currencies are helping many countries by helping thier citizens by giving them a good amount of money. 

No cryptocurrency does not give money to people, rather it creates avenues like jobs, investment projects through which people are able to make money. The interesting thing about crypto based jobs is that the paypack is based on world standard and not that of any one country


 

 

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On 2/3/2020 at 12:41 PM, Muhammad Hamdan said:

My main question about crypto currency is that does it help any country ecnomically?

And if so can we expand and make it a worldwide and help poor countries stablise their economy?

For now I don't think that Crypto currency has help a nation now because many countries are still finding it very hard to accept he legality of bitcoin and Crypto currency in general.

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I think that some countries will benefit from cryptocurrency, and some countries where crime is highly developed, it will create a lot of problems. 

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Well,  i think yes because crypto currency now are use in Zimbabwe , were many people now use bitcoin and other crypto currencies. That's why crypto currency is very useful. 

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On 2/3/2020 at 6:41 PM, Muhammad Hamdan said:

My main question about crypto currency is that does it help any country ecnomically?

And if so can we expand and make it a worldwide and help poor countries stablise their economy?

the views are so broad, maybe they can help them so please just try to inform them about this and they just need to follow as we do

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Well for me, in the aspect of creating jobs to the unemployed youths and even the retired should not be over emphasized. Crypto has helped many countries to sustain lives. Only a fool cannot record the importance of crypto in an economy.

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11 hours ago, Basel098 said:

Of course, it helps the countries that try to compete with the global development, and this contributes a lot to easing the burden on the government and reducing the costs of printing money

Thank you, my friend, for this information. It is really great information, and I wish you good luck

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Yess of course , cryptocurrency can help country poor.

Do you know binance Fondation ?

They have projects for help human in Africa ?

Donation for them from BNB 


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