Post
Topic
Board Economics
Re: HOW BITCOIN BENEFITS THE ECONOMY?
by
shendy
on 25/12/2018, 06:45:20 UTC
if the question arises what economic benefits are generated from bitcoin? then the answer is the same as other investment commodities such as gold, stocks and others that distinguish it only from the side of the form that is virtuous (non-physical) and the price movement is very significant both rising or falling, maybe that is the reason the government banned bitcoin, too risky if we cannot take advantage of the best opportunities
But it is also the fact that if the governments will come to regulate it in the favor of Bitcoin and its community then it will not have much risk. The fluctuations occur in all of the assets so here is also it exist. After the involvement of governments the fluctuation will reduce.
of course it's not that easy for the government to regulate bitcoin, bitcoin is very difficult to regulate and control if you want to be truly safe and far from crime. but most governments don't care about the existence and benefits of bitcoin, which is unfortunate.


So what is needed is to convince the government to be able to trust bitcoin. Maybe the government needs someone who is skilled in managing bitcoin to be able to accept it, this is indeed difficult but will slowly be able to accept it following the world trend.