Post
Topic
Board Economics
Re: Bitxoin and the economy
by
Torenta
on 07/02/2018, 09:17:49 UTC
Please first forgive me because you have one question that is not clear to me for the reason that is not clear in my vocabulary.

Please respect me because I will answer your question base one I understand it.

Im conducting a school research about economy and I chose to talk about bitcoin. The subject is how does bitcoin affect the world's economy


 It helps us to know about the business world because in bitcoin it is used for business by studying bitcoin one will know and increase more knowledge about bitcoin and companions. It helped many people to get more income and get it to cryptocurrency world.

 does it do well to it because it stops inflation as the amount of it is limited? or does it harm it ?

It stop inflation due the error and/or correction that bitcoin value is doing right now. No harm is intended as bitcoin amount that is limited.


I really hope I got the answer you want to get Smiley
[/quote]
Bitcoin is of interest to economists in part for its potential to disrupt existing payment systems and perhaps monetary systems as well as for the wealth of data it provides about agents' behavior and about the Bitcoin system itself. Platform's design principles and properties for a non-technical audience; reviews its past, present, and future uses; and points out risks and regulatory issues as Bitcoin interacts with the conventional financial system and the real economy.