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https://forum.staker.network/index.php/topic,965.0.html

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Author Topic: Can Cryptocurrency Contributes Positively Towards Our Economy's Growth?  (Read 167 times)

cammie16

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Hello everyone. I am just curious if those countries who allowed the use of bitcoin and other cryptocurrencies contributes positively towards their country's economy? What are the advantages making cryptos legal?
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dablat

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Re: Can Cryptocurrency Contributes Positively Towards Our Economy's Growth?
« Reply #1 on: October 25, 2018, 08:23:34 AM »

Hello,

Yes I think it contributes positively as they are project that are launched everywhere so it give works to people and companies that after paid taxes and contribute to the growth of the country economy
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wolffz0908

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Re: Can Cryptocurrency Contributes Positively Towards Our Economy's Growth?
« Reply #2 on: October 25, 2018, 08:38:49 AM »

I think there are contributions of cryptocurrencies in the economy that the governments didnt recognized. Anyway, for me yes it really help our economics and soon more countries will recognize it.
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RuJuliette

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Re: Can Cryptocurrency Contributes Positively Towards Our Economy's Growth?
« Reply #3 on: October 25, 2018, 08:40:46 AM »

Using cryptocurrencies makes our World to a better place to live, and they make business more transparent.
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baobao

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Re: Can Cryptocurrency Contributes Positively Towards Our Economy's Growth?
« Reply #4 on: October 25, 2018, 09:48:06 AM »

Cryptocurrencies are easy to make transaction and you donít need banker to help you. I think in 10 years, the whole world will use cryptocurrencies
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blueoreo17

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Re: Can Cryptocurrency Contributes Positively Towards Our Economy's Growth?
« Reply #5 on: October 25, 2018, 11:38:17 AM »

If that happens then maybe it will really help us for faster transactions and the fees that will be collected can help the community in the future. I am curious if really cryptos will be legal all over the world.
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ElvisSponge

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Re: Can Cryptocurrency Contributes Positively Towards Our Economy's Growth?
« Reply #6 on: October 25, 2018, 11:22:26 PM »

I cannot totally say yes, But in my opinion positive contribution by crypto currencies is possible by handling or working it right.
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mryoso1994

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Re: Can Cryptocurrency Contributes Positively Towards Our Economy's Growth?
« Reply #7 on: October 26, 2018, 01:02:39 AM »

Hello everyone. I am just curious if those countries who allowed the use of bitcoin and other cryptocurrencies contributes positively towards their country's economy? What are the advantages making cryptos legal?
the advantages in my country using bitcoin and ethereum in my country is easy to use and transfer money paying utility bill, loading 
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kissmarx

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Re: Can Cryptocurrency Contributes Positively Towards Our Economy's Growth?
« Reply #8 on: October 26, 2018, 01:52:53 AM »

Hello everyone. I am just curious if those countries who allowed the use of bitcoin and other cryptocurrencies contributes positively towards their country's economy? What are the advantages making cryptos legal?

If a nation embraces fully the cryptocurrency world, that country will of course benefit from it because more money will come in. It means more people will have buying power. And when one buys something, value added taxes are paid along the sale. And it is money for the government. That is one big example of the advantages of a country if it does make cryptos legal or accepted.

Look at the Venezuelans, to some people involved in cryptos there, Bitcoin is their hope of survival on what their nation is undergoing right now. And I'm not even sure if cryptos are legal or accepted by their government. But surely, cryptocurrencies have helped people there.
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yumei88

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Re: Can Cryptocurrency Contributes Positively Towards Our Economy's Growth?
« Reply #9 on: October 26, 2018, 06:41:22 AM »

If cryptocurrency is not legal or the governments dont recognize cryptocurrency then I think it cannot contribute possitively with their economy and only few people are into cryptos so maybe it will not be a big impact to them.
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camenae13

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Re: Can Cryptocurrency Contributes Positively Towards Our Economy's Growth?
« Reply #10 on: October 26, 2018, 10:47:22 AM »

Yes.. It can help us to fast track money transfer, payment and online shopping all over the world.. Cryptocurrency also can help us to earn extra income.. and now a days, I've met people that makes crypto as the main source of their income..
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t3ChNo

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Re: Can Cryptocurrency Contributes Positively Towards Our Economy's Growth?
« Reply #11 on: October 26, 2018, 10:54:02 AM »

Sending/transferring fees are lower and faster with crypto. Not sure with the taxes though.
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Mimiskajar

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Re: Can Cryptocurrency Contributes Positively Towards Our Economy's Growth?
« Reply #12 on: October 26, 2018, 08:50:15 PM »

The advantages are numerous, its faster, cheaper and difficult to manipulate, Anonymity and so on. It also has it's vices like volatility,
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uno

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Re: Can Cryptocurrency Contributes Positively Towards Our Economy's Growth?
« Reply #13 on: October 27, 2018, 03:58:09 PM »

Yes,if the crypto currencies are regulated,then will have positive impact on economy
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Quasimodo

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Re: Can Cryptocurrency Contributes Positively Towards Our Economy's Growth?
« Reply #14 on: October 30, 2018, 08:28:08 AM »

I think in the future more countries will allow the cryptocurrency trading
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