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abualez

Who will be affected first ??

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Yes my friend it is a good question. I think both will be affected but the developed countries will be able to take more advantage than the developing countries. Developed countries can help and store cryptocurrencies where as developing countries does not have enough infrastructure to promote and introduce cryptocurrencies. 

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Is cryptocurrency and coins are increasing day by day I think that the future of cryptocurrency is very bright and also I think that other countries who refused cryptocurrency already there will accept cryptocurrency it is very quality full site for us

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On 4/14/2020 at 4:53 PM, abualez said:


  
Let's say, gentlemen, the spread of bitcoin has become very fast at the moment, so who do you think will be affected first, are the developed countries or the developing countries ?? ... and what are the negatives that may result from Of its spread?? !! 
Hope you share your opinions.

I think developed countries take benefits first from bitcoin. Because they already accepted bitcoin and regularise it. For example countries like USA have ATMs for cryptocurrency in some areas. 

Where some developing countries or under developed countries still haven't accept bitcoin. 

But cryptocurrency is getting popular day by day in the whole world. Hopefully future of cryptocurrency is very good. 

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Its effects are already been felt and the negative one is the wrong side to it there is alot of mistakes that comes with the whole idea of a good challenge, when you are working in this place then there is a chance that you understand bitcoin. There is a lot that comes in with the same effect and we must be able to follow it really well so we need to work as hard and put together every structure that can be seen to work perfectly rougue people are trying their best to take in this kind

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Hello dear. Regarding my opinion, there will be a clear impact, especially in developed and developing countries. Developed countries can be very able to take money and pound easily. This is my opinion, my dear.

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13 hours ago, Zafarwaheed said:

@Mark wood totally agreed with your point of view. No countries want to spread the use of crypto currencies  because it is not controlled by anyone. And developed countries can be effected by these cryptotalk currencies , their economy also effects. And the developing countries have nothing to lose.

Exactly it's not easy as we can realize it will take more time to accept cryptocurrency those countries who not accept yet, and it is also true accepted countries are in beneficial for this step, as you mentioned it effect all the economic way and it will be in difficult..

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On 4/14/2020 at 5:38 PM, abualez said:


  
Let's say, gentlemen, the spread of bitcoin has become very fast at the moment, so who do you think will be affected first, are the developed countries or the developing countries ?? ... and what are the negatives that may result from Of its spread?? !! 
Hope you share your opinions.

@abualez Yes, the popularity of cryptocurrencies are increasing day by day . Most of the developed countries has already legalise such coins and they are gaining benefit with these currencies. People as well the country is evolving in the path of development. But still there are developing countries who has fear of loosing their economic growth and they are restricting such currencies. The only result would be such countries development process will be slow down as usual. 

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Hi, your question is very interesting and giving knowledge to me.i think developed countries will attract first. Because many peoples are educated they know it fully how to use the bitcoin. And obviously developed contries always has high capital so they work first on bitcoin. But developing countries are also trying to do this, if their presidents are good then they also work betterfully.thanks

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In my view, always advanced countries like the opportunity first, the advanced nations will be affected at the origin also, their currencies and their market while the developing countries become zero to lose. because they have so enough money and their technology including venerable, so they invest money in those projects.
 

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Yes,  I think the developing countries we be affected the more,  it will make there youth engaged and reduce poverty and depending on the government for everything. 

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In my opinion, the whole world will be effected by the fast spread of the cryptocurrencies in general. But I believe that the whole countries the developed and the developing ones will be effected positively because the crypto world allowed a lot of people to make their life more easier and it facilitated the huge companies transactions with huge amount of money because it gives more security for them. 

I see that cryptocurrency is the future of the world.


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Up till now not every developed country has start to adopt crypto currency even though they have the capital and resources to get  started but other developed countries have start to adopt crypto currency and they use the advantage of crypto currency in today's world.

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In my opinion, whether developed or developing... its all depends the country that first adopt the use of bitcoin, there are many developed country that banned cryptos and also many developing countries already in cryptos without banning from their government. So those counties using cryptos are the benefiting countries. Yes, bitcoin may have come from developed countries but the use and adoption will vary from country to country. In this case, the developed countries are first to benefit.

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They will directly affect the developing countries because to develop they need to have their own circulation of the money but if they circulate the money internationally and they even don't pay tax will destroy the development. Even many illegal trades will active with the acceptance of of the cryptocurrenies so developing county should be aware.

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I think the developed countries will benefit more while the developing countries will be affected. The developed countries has the knowledge already and that's why cryptocurrency is becoming popular day by day in most of developed countries now.

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I imagine that bitcoin now don't affected for the nations , and I think never will , on the grounds that I believe that the nations won't utilize bitcoin as a method of exchanges , they will make their own coin , each nation will utilize an alternate coin , in light of the fact that they need something to supplant the fiat money , and bitcoin never supplant the fiat cash.

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On 4/14/2020 at 4:53 PM, abualez said:


  
Let's say, gentlemen, the spread of bitcoin has become very fast at the moment, so who do you think will be affected first, are the developed countries or the developing countries ?? ... and what are the negatives that may result from Of its spread?? !! 
Hope you share your opinions.

In my opinion both can get benefits but devolped countries getting more benefits.crypto world is increasing day by day.bitcoin is becoming popular day by day .More people are using bitcion in work. Now it is on Government what they chose and allow to people.You share a good thing.

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I think it did not affect both developed and developing countries because mostly countries deal to each other in dollars not a bitcoin. 

I think it affect those country which introduce bitcoin in his country because it is so expensive to buy. 

If it's price increase continuesly than country stop to buy and it can be drop. 

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That's a very good question and which would try to find out its answer but I am trying to describe my point of view. in my view the developer countries will mostly affect faster than the developing countries. in the minute developing countries there is no concept of Bitcoin and some developing countries have banned the Bitcoin. so it is very difficult to take advantage from Bitcoin in the developing countries. Many of the people from developing countries even don't know the concept of the Bitcoin.

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On 4/14/2020 at 9:59 PM, malik6314193 said:

Good point. I think now a days no country want to spread use of this crypto currencies. It is because crypto currencies is not controlled by anyone. So they are confused to accept it. 

Yes sir, now a day's lot country are accepting Bitcoin or Cryptocurrency because this platform have a lot of advantage and main advantage is no one can control the cryptocurrency because of blockchain technology. I say whole world will accept cryptocurrency very soon.


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On 4/14/2020 at 1:53 PM, abualez said:


  
Let's say, gentlemen, the spread of bitcoin has become very fast at the moment, so who do you think will be affected first, are the developed countries or the developing countries ?? ... and what are the negatives that may result from Of its spread?? !! 
Hope you share your opinions.

When the spread of bitcoin in many regions is getting fast it means in developed countries many members will take advantage of this technology while in developing countries will luck much resources to take part as a result only few will get started.

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Normally crypto assets gain recognition and popularity effects in developing countries since the launch of Bitcoin the spread was faster in developing countries than in developed countries because small amounts of money are valued more in these countries

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Yes as ypu mentioned The popularity of cryptocurrency is increasing day by day.So I think both developed and developing countries will be affected but The developed countries are already working on it.So the developed countries will get more benefit from it as compared to the developing counties.

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