Post
Topic
Board Bitcoin Discussion
Re: How is Bitcoin changing the economy?
by
Samlucky O
on 06/09/2025, 01:51:06 UTC
Bitcoin is changing the economy in different ways. Let me tell how bitcoin is changing my own economy. Mostly because the younger working class people are the one who use bitcoin, in a way bitcoin has allowed for more money to be in circulation in the country. Younger folks do jobs and prefer to earn in bitcoin which they would later convert to our local fiat and spend it on stuff in the marketplace and other places. This one goes back into the economy and more money goes into circulation. This more money in circulation helps the economy because it increases spending, production, and investment.
Yes I agree with you, and apart from that, most people are able to create employment opportunities for others by working and earning in Bitcoin. Let's say a person who does online job and earn in Bitcoin my have an establishment that someone will manage, and from there such person will receive salary from it. From hence it has created employment opportunity for such person and indirectly reduce unemployment rate. Let take myself as a case study from the business I have been able to do with my weekly Bitcoin payment, I am able to establish a small business that someone is earning from it. So how can we not say Bitcoin is changing the economy.