Post
Topic
Board Economics
Re: Bitcoin can be useful for a troubled economy
by
yvesp110
on 29/05/2018, 21:29:54 UTC
Yes Bitcoin and other Cryptos can be beneficial to struggling countries. Zimbabwe is a good example I read up on, recently lifting their ban on Crypto dealings. http://bitcoinist.com/high-court-zimbabwe-lifts-regulators-cryptocurrency-ban/

This is like talking about lender of the last resort. Bitcoin being a great technology can initiate good days in an economy by eliminating the extra expenditures that are made by the people in the form of intermediate fee for making a transaction happen. Besides, Bitcoin technology has provided the ways to earn easy money for people from the comfort of their homes with even little investment.