Post
Topic
Board Economics
Re: bitcoin in developing countries
by
Visbay
on 07/06/2018, 16:39:04 UTC
at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?


if the people in developing countries have much money and try to invest the bitcoin, I think it can help them to get alot benefit. it is my opinion.

You could say that but aside from money if one country put enough effort like regulations to help all investors and traders all over their country then it is a good point for them to earn on crypto and not just focusing on Bitcoin, we have ETH and other top coins to have...
You are right bitcoin is best currency which is now being accepted by almost all well developed countries as we can see bitcoin is worth investment so they are investing and they are making high amount of money with, now Philippines and Japan are taking bitcoin as an investment for the betterment of their economy and their life style, bitcoin helps many countries to get rich and takes part in development of economy which is the reason why almost all developed and under developing countries are accepting bitcoin.