Quote from: Z_MBFM on July 24, 2024, 08:11:18 AM

Quote from: Smack That Ace on July 24, 2024, 06:31:15 AM

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Ok I agree with you but what I think from my point of view is that bitcoin is a coin to think about after gold. Gold is not a property it is a resource. Property is destroyed but wealth is not destroyed. Bitcoin is one such coin that can expect good things in its future.
When it becomes valid, its very good side will be noticed. If formalized, it will have an impact on the country's economy. When it gets legalized, the government will bat on it and from here the government will have earnings. Apart from that, when it can be used in business transactions, it will benefit from it.
When it can be fully utilized then positive aspects can be observed from all aspects. It is much needed to keep pace with the developed world. Hopefully it will be legalized in line with the developed world and everyone will benefit from it.
But it will not take much time to happen so soon. Managing Bitcoin is not so easy, one has to come forward from many aspects to manage it. But because it is possible for me, it will be possible in the future

I also hope that in the future bitcoin will really bring benefits and impact to the world economy once it is widely applied. But for now it is clear that it has not had any impact on our economy, it is still too early to say that it will have a positive impact even if the government legalizes it.

If a country wants to improve its economy, the government should focus on improving imports and exports, creating more jobs...with thousands of policies to promote and support people to increase their income. Don't think that simply relying on one asset like gold, bitcoin or any other asset can easily improve a country's economy. The economy doesn't work that simply.