Post
Topic
Board Economics
Re: Is Bitcoin good for the economy?
by
NavI_027
on 20/02/2020, 03:58:42 UTC
Bitcoins have three useful qualities in a currency, according to The Economist in January 2015: they are "hard to earn, limited in supply and easy to verify". Economists define money as a store of value, a medium of exchange and a unit of account, and agree that bitcoin has some way to go to meet all these criteria.
Is it good to economy? For me it really is Smiley. In my perspective, since I can be able to uplift my financial status through the help of it then it only means that I am not a burden in our society. Since I'm not a burden thus I maybe considered as productive and healty part of our country; and if there will be many existing individuals who got the same story like me then it definitely means a good economy Cheesy (I hope you got my point tho).

That's why I really wonder why some government (not ours, fortunately) really hate crypto. How sad that they just see the bad side and disregarding the bright side Sad.