Do you think crypto currency help countries?

[ItxAiza 222]

I think that it will not help the country but it help the country help. I want to tell you that when people trade on the bitcoin or any other coin they get a profit from it and they use thier money in thier country. This coin decrease the labour ness.

[Serbberq 724]

It is definitely possible for cryptocurrencies to assist with the economic infrastructure of developing countries, since they have much more to gain by adopting cryptocurrency payments since there are smaller fees involved with merchant transactions. Inflation would be wiped out as a problem.

[علي سليمان 1071]

Yes, of course, working on cryptocurrencies helps countries economically. Because the injection of foreign funds into the country increases. That is, it is considered to be an external return that is not from the country's income.

[MaryRose 135]

Cryptocurrencies greatly help countries that trade encrypted currencies and make large profits, and can improve the economic situation of individuals. China, for example, is known to be one of the largest backers of bitcoin mining in the world.

[joemcgwa 3227]

On 2/3/2020 at 2:41 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?

Of course its true thats some countries are still increasing their country economy through cryptocurrencies, but most developing countries can be aiming the crypto economy, but for developed country thy can legalize crypto for their citizens economy.

[Taj93 295]

Certainly, the encrypted currency helps many countries as it provides job opportunities for many unemployed and students, and does not require a specific age to work in its field, and it also contributes to improving the economy of some countries in which the dollar exchange rate controls them.

[Sonii 386]

I think that it's difficult to stabilize your whole economy through crypto currency but we can say that it can play a vital role to stabilized the economy by combining with other factors.. We can help people through crypto currency all over the world.. We can take an example of Venezuela which was in danger condition that there economy was goes down but due to crypto currency they are becoming more and more stabilized in the world.. So we can say that it's a vital role in the economy of any country who is promoting it.. Another example is China.. We can see that they are developing there country through the trade of crypto currency. 

[Francy Mory 543]

Yes friend, you are helping many countries even those that are in economic crisis such as Zimbabwe, Venezuela, in others, who have considered a profitability when investing in Cryptocurrencies. It has had an excellent acceptance for being a currency that is not regulated by any bank and without long paperwork requirements they can manage their transactions in a successful way.

[lubinshah 562]

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.

[Ayesha Qamar 0]

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?

Dear mate i think it can help person individually but not country. Because no one is interested to give taxes to countries. They safe their money in form of Cryptocurrencies and never agree to give tax to country.

[Jami ss 843]

Yes my dear friend I want to tell you that the cryptocurrency is helpful for the different countries because cryptography will give you the money and money is very helpful for your economy that's why the cryptocurrency will helpful for the countries

[april1221 303]

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?

In my opinion, cryptocurrency can help a country economically or not, it depends on the country itself. If a country can take a positive gap from the existing cryptocurrency system, namely by making specific rules about cryptocurrency, the country can receive revenue from cryptocurrency. Conversely, if the country does not have the idea or makes the wrong rules, it could be that cryptocurrency will threaten the economy in that country.

[White3319 463]

Of course, we can do this, but this needs support from all countries and put forward projects of interest and depend on cryptocurrencies, and in this way we help the countries to stabilize economically.

[Khaldoon Saqr 799]

In my opinion, the effect of electronic currency is on people and not on countries, so it helps the population, especially in poor areas, to earn a living, and I do not know if the economy after countries will benefit as well.

[galb za 416]

I do not think that the cryptocurrency can help developing and poor countries with this simplicity. We must not forget that these countries have not yet reached the electronic payment technology through credit cards, so how will they reach the cryptocurrencies that will only reach them with the help of the superpowers. This is my opinion.

[Mira1992 314]

I think that cryptocurrencies can help poor countries to strengthen their economy by investing in these currencies. They also provide an opportunity for people to work from their homes and make money, and this may solve the problem of unemployment in many countries.

[Jessica7 1132]

This answer relates to each country separately because the nature of countries differs and the possibility of introducing cryptocurrencies differs from country to country, because the introduction of cryptocurrencies into a country requires Internet networks and very large electrical networks, and there are many countries that do not possess these components well.

[Powell 572]

You ask a very important question but i think that the issue of cryptocurrency helping some countries is real because there are some countries around the world that their citizens depends on cryptocurrency, thanks.