Post
Topic
Board Economics
Re: Can Bitcoin really stabilize any country's economy level?
by
best ever
on 24/10/2018, 19:10:26 UTC
I think btc to increase a country's GDP or change a country's economy may be difficult for now because the anonymous nature of BTC will make it difficult to calculate into a country's GDP, especially to measure the economic level of a country that requires a detailed calculation, the nature of BTC this anonymity also makes many governments make rules against BTC to avoid money laundering
Bitcoin is highly volatile and can not control by any one. Fiat and bitcoin and never live with each other. If you once use bitcoin you'll never use your fiat because its tax free and no one want to give any taxes.

Bitcoin will never be able to help the economy of any country. The government will not allow bitcoin to become the currency of the country. It will be a revolution in the economy and will affect only negatively. The government is trying to ban bitcoin and the cryptocurrency market.

This is the right position as I think. It will be weird to guess that Bitcoin or any other cryptocurrency can stabilize the economic situation in any of the countries.