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abualez

Who will be affected first ??

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On 4/15/2020 at 1:44 AM, Omar Ommeish said:

I think that the developed countries will be affected at the beginning and then the developing countries will be affected, and that the speed of Bitcoin to spread has become very fast and this speed will increase.

For me the developed countries will benefits also the developing too. 

But I'm sure it has negative effects that's why every countries must be ready once that thing happen. 


 

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Bitcoin has a rising price value. It rises up with the time and let the time become more valuable. People are mostly depending on this coin as well as many countries. Recently Argentian government also took initiative to invest in btc. Developed countries are quite ahead about the trading of cryptocurrencies. They can make good investment in it. But it also gives the opportunity to the developing countries so that they might get good benefits. 

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Irrespective of developed countries or developing countries if the level of Bitcoin adoption is high the spread of bitcoin will take more effect to the country that are widely usage of bitcoin

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On 5/11/2020 at 9:27 PM, scorpiali said:

I think that the  Bitcoin will affect all countries in the world  development country or no, is no difference between them because it's not own  by one country it's not owned by anyone it's for all and they will still

Well, my friend, your point of view is great. Certainly, the bitcoin currency is not owned by a state in itself, and this is something that may make both developing and developed countries affected by it .. But I see that developed countries with high economies will be affected first.


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The spread of the bitcoin is increasing day by day. It will directly affect the developing countries because because most of them are knowing the importance to the cryptocurrency. developed country will develop more and poor country will poor.

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I think both developed and developing counties will be benifited from crypto currency.But i think it will be much effective for the developing countries.Because the main problem of developing countries is unemployment and crypto will go so far to remove unemployment as it is a best way of earning.

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3 hours ago, abualez said:

Well, my friend, your point of view is great. Certainly, the bitcoin currency is not owned by a state in itself, and this is something that may make both developing and developed countries affected by it .. But I see that developed countries with high economies will be affected first.

Maybe the developed countries will be effected first because they already have a good economic and can accept any thing new like bitcoin but until now we see that they dont accept the crypto 

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I think that the developed countries will be affected first by the bitcoin currency, and then the developing countries will be affected


 

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It is difficult to answer, but we can say that the blockchain and Bitcoin are widespread and whoever benefits from it first is the one who will benefit from it more and broader, and this will be better.

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I think that the spread of bitcoin is beneficial for everyone, as it facilitates buying and selling between people and companies and its use is easier than using banks.

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On 4/15/2020 at 12:03 AM, Trader21 said:

Yes indeed as you above mentioned popularity of cryptoworld is increasing day by day. In my opinion every country want more evolution and because of that all of them want to follow this world. 

I hope those countries who didn't accept bitcoin will finally accept this so they will benefits lm beautiful effects of having it in their country. 


 

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For me, I see it is the developed countries that will be affected by the cryptocurrencies and start using them first, because they have the money that helps them buy these currencies However, it may take several years because of the inability of the countries to control these currencies, and frankly, the only problem that can face cryptocurrencies is that some people use this currency for illegal matters.


 

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Of course, its spread and impact will be in the countries that allow its use, that is, developed countries with an open economy
And gradually it will spread to the rising and developing country to help it develop its economy.

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This is a very good content that you created my friend. For me the most effective in this wide spread of bitcoin so fast is the developing countries because it is mentioned that they are DEVELOPING countries so, its hard for them to adapt this bitcoin that is spreading very fast and if they will adapt it fast without proper knowledge then they will encounter some problems their.


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Since developing countries do not accept bitcoin, I think they will suffer more. And the countries that have accepted Bitcoin will not be harmed.  We know that the Canadian government has accepted Bitcoin. We hope that this is how all countries will accept bitcoin.

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Developed countries or develeoping contries doenst matter, as long as the the country is accepting the bicoin they would benefit from it. Therr are some develipd countries that do not accept bitcoin.

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From my own point of view developing countries will be the ones that will affected first because they won't easily obtain the power to control the price in there countries which can easily lead to inflation in the price of commodities in there nations at large and many poor citizens will suffer for that reason.

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Certainly the developed countries are the ones that will be positively affected by the spread of bitcoin, as a new method of payment, due to the technological development taking place in it, unlike the developing countries in which technological development is still limited, so the spread of bitcoin will have a limited impact for these countries.

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It will be a positive advantage and long waited development that everyone will understand the benefits of making international transactions anonymously with very low fees than centralized system

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I think that the countries that will adopt Bitcoin and Blockchain first will benefit from it first, the rest is to create a corridor in order to move from the current financial system to the new one.

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Money laundering and trading of the illegal items are the one of the negative aspects of the cryptocurrency. Most of the third world countries will be affected because those illegal activities will hamper the development of the nation.

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The adoption of Bitcoin will have positive effects to any that goes fast with it. The effects are mostly seen in places where people buy bitcoin from fear of their fiat currency. It is them that bitcoin is helps.

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The country that took the early part to participate in crypto currency will benefit most more than the country that didn't take part early I guess the developed countries do get involved in crypto currency against under developed country because the developed country has every resources to participate in it unlike under developed country.

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My uneducated guess is that the developing countries should be the first to allow cryptocurrencies and work for their citizens to help them use them and understand them. Doing that will open them more ways to profit and reduce the poverty. 

The big nations that have grown economies do not want to use them and plan to use national digital currencies. This is from what I read about lately. Perhaps things will be better and cryptocurrencies will be used by everyone.

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The spread of Bitcoin will boost the economy of any country whether developed or developing in a positive way. It will greatly increase awareness among the people about cryptocurrencies because in the developing countries majority of the population does not know about it. This will motivate the people to start investing in various cryptocurrencies thus having a positive affect on the country's economy.


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