Post
Topic
Board Economics
Re: Bitcoin can be useful for a troubled economy
by
pragna
on 29/07/2019, 05:42:32 UTC
Goldman Sachs: Bitcoin can be useful for a troubled economy

According to the report of Goldman Sachs, Bitcoin and other crypto-currencies can be a good alternative to the national currency for countries with an unstable economy.

 Analysts at Goldman Sachs Zack Pandle and Charles Himmelberg said that digital currencies and, in particular, Bitcoin, can become a viable means of payment in countries where traditional money is not sufficiently provided.

Goldman Sachs experts: crypto-currencies can help the troubled economy



I don't think so that bitcoin can be useful for a troubled economy. There is no legalization by world economy about BTC so that if any county use it, it can not be counted there and they can not get help also from big donners and investors. Because they can not guess the actual economic condition of that country. So i think it may some time benefited but in long term it may be great problem.