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Can Bitcoin help create inter-country relationships?

BrolySSJ

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Bitcoin is a currency that is starting to be employed by many countries and as it is becoming legalized in many states that may exist locally there is also many more states that are considering legalizing it as well. This is like a domino effect whereby one of the countries shows their support for the currency and others follow in that footstep as well. This is a good thing for globalization of crypto, but it is also something that we need to consider in terms of the building relationships between countries.

Bitcoin is an easy way to transact and send money in a short period of time. Do you think that this financial system will help to develop relationships between countries as they are able to transact much easier? What are your thoughts on this?
 
Yes it Can. Because it's a crypto currency. In as much the person involve has a bitcoin wallet.
To make a payment, international or domestic, the wallet owner simply sends coins ... currency such as bitcoin can help to protect from sudden adverse movements in local currency.
 
Yes i agree with your point. Yes it is creating good relationship between countries and it will also keep creating this kind of good relations. Yes it is easy for transactions and sending from one place to another place. If it is legal in some countries then it is plus point for those countries.
 
Bitcoin is a currency that is starting to be employed by many countries and as it is becoming legalized in many states that may exist locally there is also many more states that are considering legalizing it as well. This is like a domino effect whereby one of the countries shows their support for the currency and others follow in that footstep as well. This is a good thing for globalization of crypto, but it is also something that we need to consider in terms of the building relationships between countries.

Bitcoin is an easy way to transact and send money in a short period of time. Do you think that this financial system will help to develop relationships between countries as they are able to transact much easier? What are your thoughts on this?
Bitcoin and indeed crypto currencies are not just improving inter country relationship, it is removing borderlines all over the world, I have made more international friends and contacts by my involvement in cryptocurrencies than I had using social media.

Transactions on blockchain doesn't ask which country you are in unlike bank transactions and PayPal and other online payment platforms. Bitcoin and other cryptos are uniting the world.
 
To make a payment, international or domestic, the wallet owner simply sends coins ... currency such as bitcoin can help to protect from sudden adverse movements in local currency.
 
Yes bitcoin and in fact cryptocurrency as a whole is creating countries relationship and its still creating more. Through the exchange of coins and through the buying and selling of coins I think the relationship will grow stronger because many online stores are beginning to use bitcoin.
 
Bitcoin is a currency that is starting to be employed by many countries and as it is becoming legalized in many states that may exist locally there is also many more states that are considering legalizing it as well. This is like a domino effect whereby one of the countries shows their support for the currency and others follow in that footstep as well. This is a good thing for globalization of crypto, but it is also something that we need to consider in terms of the building relationships between countries.

Bitcoin is an easy way to transact and send money in a short period of time. Do you think that this financial system will help to develop relationships between countries as they are able to transact much easier? What are your thoughts on this?
I quite agree with your submission up here. Bitcoin being a universal currency that's acceptable as a means of exchange in trading is already unifying the universe because since it's acceptable in almost all the continent, I need to transact with any local currency again.
 
Bitcoin can create relationship between countries because it's a universal system of payment without any form of discrimination. Everyone in each countries of the world makes use of the same Bitcoin.
 
Of course, it is currently making wave all over the country. One of the things that ties two or more countries together is trade/ commerce, that buying and selling of commodities across the world. Without any means of payment, there will be no trade, so Bitcoin has and is still solving the issue of currency exchange so far.
 
Bitcoin is a currency that is starting to be employed by many countries and as it is becoming legalized in many states that may exist locally there is also many more states that are considering legalizing it as well. This is like a domino effect whereby one of the countries shows their support for the currency and others follow in that footstep as well. This is a good thing for globalization of crypto, but it is also something that we need to consider in terms of the building relationships between countries.

Bitcoin is an easy way to transact and send money in a short period of time. Do you think that this financial system will help to develop relationships between countries as they are able to transact much easier? What are your thoughts on this?
Cryptocurrency improves developing countries by reducing corruption and promoting transparency, reducing transaction costs and time and offering greater financial inclusion and microfinancing. So Bitcoin can help build international collaboration
 
Bitcoin is a currency that is starting to be employed by many countries and as it is becoming legalized in many states that may exist locally there is also many more states that are considering legalizing it as well. This is like a domino effect whereby one of the countries shows their support for the currency and others follow in that footstep as well. This is a good thing for globalization of crypto, but it is also something that we need to consider in terms of the building relationships between countries.

Bitcoin is an easy way to transact and send money in a short period of time. Do you think that this financial system will help to develop relationships between countries as they are able to transact much easier? What are your thoughts on this?
It has been helping in the ease of doing transactions with other people in different parts if the world for a very long time. And it is going to even bond people globally together as it becoming more widely a payment system adopted by many
 
There is a possibility for that but I think what always promote inter-country relationship is the economy of a particular nation because when the economy of a nation is good and this will create engagement between two different countries and they will do business together with peace and harmony.
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There is a possibility for that but I think what always promote inter-country relationship is the economy of a particular nation because when the economy of a nation is good and this will create engagement between two different countries and they will do business together with peace and harmony.
 
agree with your point. Yes it is creating good relationship between countries and it will also keep creating this kind of good relations. Yes it is easy for transactions and sending from one place to another place. If it is legal in some countries then it Is
 
Bitcoin is a currency that is starting to be employed by many countries and as it is becoming legalized in many states that may exist locally there is also many more states that are considering legalizing it as well. This is like a domino effect whereby one of the countries shows their support for the currency and others follow in that footstep as well. This is a good thing for globalization of crypto, but it is also something that we need to consider in terms of the building relationships between countries.

Bitcoin is an easy way to transact and send money in a short period of time. Do you think that this financial system will help to develop relationships between countries as they are able to transact much easier? What are your thoughts on this?
I believe that Bitcoin to an extent will be able to join investors from different countries together .for example , peer to peer transaction is another great way that helps join people from different countries together .
 
Bitcoin is a currency that is starting to be employed by many countries and as it is becoming legalized in many states that may exist locally there is also many more states that are considering legalizing it as well. This is like a domino effect whereby one of the countries shows their support for the currency and others follow in that footstep as well. This is a good thing for globalization of crypto, but it is also something that we need to consider in terms of the building relationships between countries.

Bitcoin is an easy way to transact and send money in a short period of time. Do you think that this financial system will help to develop relationships between countries as they are able to transact much easier? What are your thoughts on this?
I strongly believe Bitcoin can foster cordial relationships among nations of the world. With time, as more countries embrace Bitcoin as means of payment, it will engender economic transformation as well as bring about ease of doing business among nations.
 
Indeed I concur with your point. Truly it is making acceptable connection among nations and it will likewise continue to make this sort of good relations. Truly it is simple for exchanges and sending starting with one spot then onto the next spot. In the event that it is legitimate in certain nations, at that point it is in addition to point for those nations.
 
Cryptocurrency are becoming increasingly popular for international payments. The prospect of a fast, secure, low cost and genuinely international payments system.

therefore, central banks and intermediaries are examining Bitcoin’s technology to see if adopting it themselves would improve the timeliness and security of conventional international payment systems.
 
Cryptocurrencies are becoming increasingly popular for international payments. The prospect of a fast, secure, low cost and genuinely international payments system is encouraging businesses and individuals around the world to seriously consider cryptocurrency settlement.1 Currently, the most widely used cryptocurrency is Bitcoin, though competitors such as Litecoin, Ethereum and Ripple also feature in the global payments landscape.
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Cryptocurrencies are becoming increasingly popular for international payments. The prospect of a fast, secure, low cost and genuinely international payments system is encouraging businesses and individuals around the world to seriously consider cryptocurrency settlement.1 Currently, the most widely used cryptocurrency is Bitcoin, though competitors such as Litecoin, Ethereum and Ripple also feature in the global payments landscape.
Post automatically merged:

Cryptocurrencies are becoming increasingly popular for international payments. The prospect of a fast, secure, low cost and genuinely international payments system is encouraging businesses and individuals around the world to seriously consider cryptocurrency settlement.1 Currently, the most widely used cryptocurrency is Bitcoin, though competitors such as Litecoin, Ethereum and Ripple also feature in the global payments landscape.
 
Disadvantages of Bitcoin for International Payments. However: Bitcoin is not yet widely accepted in many countries, and in some countries its use is illegal. ... The sender exchanges conventional currency for bitcoin, then makes the payment in bitcoin; the recipient exchanges the bitcoin for conventional currency.
 
Yes it can help to increase inter country relationship because it helps to reduce transaction cost and time,it also helps by providing easier access to capital and financial services among different countries also reduces corruption
 

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