It may affect the economies of developed countries differently. The situation will be different for developing countries' economies. Because it will take many years for all crypto money, especially Bitcoin (BTC), to have a wide and widespread use.
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I don't think that it will harm the economy. In fact i think that if it is used in conjunction with the fiat currency, the addition of bitcoin and other crypto could actually help to grow the econ0omy and encourage more international relationships with countries that are in support of crypto. The only way i could see this being a negative thing is if there is criminal activity that is being funded by crypto, which could harm the economy, or if corruption takes place in higher officials with this currency, which will also harm the economy.Do you think Bitcoin can harm the economy of some countries and how ?
Well I don't think Bitcoin can harm any nation's economy rather it'll help to boost security in dealing with transfer of large funds.Do you think Bitcoin can harm the economy of some countries and how ?
How do you think that bitcoin can be doing harm to economies? Perhaps if people use it as a means by which to evade the tax payment sand so forth of that nature then it will not benefit the government and it will not show any development in the country as well, but I think that the fact that it is out there will promote employment options even for those that are not working now in terms of trading and earning online. This is a good thing.I think yes is possible Bitcoin will harm the economy of countries. But just countries where it is not adopted, if a such country adopted it and exigent the cryptocurrency users paying their tax. I don't see how it will harm economy country, will help to gain some extra income.
This not the matter of thinking...... It as affect some economy so big It left a very big space to their local currency and its not helping them.. The average citizen of the country can't even afford 0.001 bit coin because the value of bit coin keeps increasing.Do you think Bitcoin can harm the economy of some countries and how ?
The answer is definitely a yes, bitcoin will definitely harm the economy of most of the countries because most country will not be able to control the tax anymore And it not possible to be collecting tax on bitcoin user.Do you think Bitcoin can harm the economy of some countries and how ?