Post
Topic
Board Economics
Re: Can Bitcoin really stabilize any country's economy level?
by
whirlcoin
on 16/03/2019, 21:23:08 UTC
As we all have been speaking many times that Bitcoin possesses the power to diminish the use of fiat in a country where it's welcomed with full hearts, I wish to know that does it really have the ability to cope up with the challenges a country's economy faces? Can it help in the growth of their GDP?

As we know, Bitcoin is limited in number whereas Federal Reserve has the power to do monetary easing when things go wild with their economy levels. So with such limitations, can Bitcoin really stabilize any country's economic issues?
I don't think still no Bitcoin will not support any country development or it will use for the economic changes for your country because the regulations are very important for this so if it was happened the country will need to accept it completely then only the possibility of changing the economy will happen to any country.