Post
Topic
Board Economics
Re: Does bitcoin have a bad effect on economic impact and those who do not know it y
by
realaccountakira
on 10/07/2018, 07:14:39 UTC
Bitcoin is rising worldwide.
Is there a possibility to change the economy of each country?
because as far as I know bitcoin is also about money.
And bitcoin is can be used for paying bills, paying tuition fees and even shopping and more.
I just asked.
it has a bad effect on economy and normal people who have not yet known what bitcoin is?

Hard to answer your questions because it is so vague but if you want a vague answer too then YES, bitcoin can change the economy of a country.

From a macro economics perspective, bitcoin and cryptocurrencies can introduce radical change to financial systems and positively change the way a country deals with fiat. Just take a look at the countries who have started to adopt crypto (Japan, Philippines, etc.), they are surely countries to watch out for as their economy is projected to boom.