Just wanted to know people ideas on what is the good and baf impact of BTC in the economy of a country. I am glad to hear different views regarding this matters and get some ideas from the tenured people in this forum. Your opinions/views are highly appreciated.
Regards,
I think the bitcoin has a great impact to the economy of the country. Because bitcoin created many jobs for those who are unemployed. Bitcoin created many opportunities to many people to earn more money.
But currently the bitcoin users are consider as less than 2% then how can we suppose that it may have good impact on the economy of a country? I would like to say that it may have impact on the financial status of a single person ,but as a whole it may only be possible when the users of bitcoin will increase and most of the people of a sate use bitcoin or adopt bitcoin, which make take decades because bitcoin is in its early stage and most of the people even do not have any idea about bitcoin.
Why the people are saying like this in my country the value and the price of the bitcoin is now more than this a lot of the people are buying the things with the bitcoin and they are investing in the bitcoin so for the present time bitcoin is very high and it is not less than any other currency I am sure the future with the bitcoin is very good and it is definitely improving the economy of the country.
Definitely when there are more buying and more economical stability comes with the individuals then how can you think bitcoin will dont have any impact on economy of a country. When you think of all the matters related to society, money comes at number one.
If the people are wealthy or even they are up than poverty level, that society is considered as wealthy, and bitcoin helps to make this happen.