Post
Topic
Board Economics
Re: what are the effects of bitcoin on the world economy?
by
tomwalsh
on 14/12/2017, 19:24:29 UTC
since the bitcoin I see the purchasing power of the community increases, more and more new rich people who appear due to bitcoin, well what I ask is whether its influence on the economy since adany bitcoin until now whose price reaches 1600 $

let's share

It's an interesting question. There is so much new wealth as a result of it but that wealth is only on paper. Seeing as the market for buying things with bitcoin is still so limited then people will need to convert it to fiat in order to spend it. If everyone decided to do this in order to physically capitalize on their bitcoin the price would collapse, its an interesting  conundrum.