Post
Topic
Board Economics
Re: bitcoin vs world economy
by
Barbut
on 29/08/2018, 09:05:23 UTC
Hi everyone

I'm pretty new to all of this and thinking about buying some bitcoin.

I have some concerns about the world economy influence on bitcoin.

For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?

do you think Bitcoin is strong enough at this point to be self-sustaining?


thanks for the help

even today, it is not only america that is restricting it, almost major part of the world's country are not yet open into crypto and bitcoin specifically, and yet crypto world is blooming and gaining more popularity and patrons, even if america is an influencial country as far as economy is concern, still bitcoin has emerged from just being a digital currency to a common currency all over the globe, bitcoin has proven us all that it is ever growing and self-sustaining currency.
Even in the way you said it, its other way around, bitcoin is the one that have influence on global economy. Bitcoin appeared only 10 years ago and already have so many supporters, even couple countries give it legislation. As crypto community grows, that crypto influence on global economy will rise, until crypto replace economy we know. That sounds like a big dream, but very possible dream, it may come true very soon.