Post
Topic
Board Bitcoin Discussion
Re: BITCOIN AND ECONOMY
by
Stepstowealth
on 10/09/2024, 17:35:17 UTC
first of all it provide employment and source of income thereby regulating the unemployment rate and increasing the efficiency of the economy.
 secondly bitcoin could have hep many countries if they would have acquire some and make it a legal tender years ago.
 thirdly it reduces crime rate in some countries because the reason for some of these crime is unemployment.
 And lastly bitcoin rescues many families and individuals get rid of poverty thereby increasing the quality of life ,helping businesses,and helping the economy in different ways.
Since I knew more about investing in Bitcoin it is easy for me to detect individuals with little knowledge on it based on how they speak of Bitcoin. Bitcoin is not the solution to economic problems and will never be, it provides an opportunity for people to escape from poverty but it is not without them investing and if you are planning to profit from bitcoins, you need to also plan to invest, and if you are poor, investing is harder. In an economic setting, you need find a way to get money first before you plan to invest.