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What Impact will Bitcoin have on the world?

Currently almost all mas media talk about Bitcoin, because the current price is over $ 27k. Bitcoin will greatly affect the world economy and finance, free market ideology, decentralized, do not have to comply with any country's regulations, Bitcoin also beat traditional investments such as gold, stocks and forex. I think Bitcoin has a lot of influence on the world, so What is the Impact of Bitcoin on the World ?
Bitcoin has given to the world a pinch of financial autonomy. If it becomes a global legal tender someday, it would be great. I think it has an advantage over stocks, fiat currencies and other commodities. It would affect the world's economy positively.
 
Bitcoin has given to the world a pinch of financial autonomy. If it becomes a global legal tender someday, it would be great. I think it has an advantage over stocks, fiat currencies and other commodities. It would affect the world's economy positively.
That's true but do you think most countries would be willing to give up their flat currencies in exchange of crypto adoption? Cause I have seen some persons predicting how crypto currency would replace flat currency.
 
Bitcoin is already disrupting a lot of financial transactions - it has opened up a pool of wealth for the common man as the system is community oriented and not one person profiting from others.
 
Bitcoin will definitely have a good impact on the world economy as it will help facilitate the payments of goods and services globally. Making payments for goods online will be more faster and easier as exchange barriers differences will be lifted.
One of the things that the introduction of bitcoin cryptocurency has been able to solve is that the bottle neck of multiple verificationwhen one want to do a wire transfer and confirm payment has been elimnated,that is a good one.
 
Hard to say. I think the impact will be more so within the blockchain technology itself, vs just Bitcoin and crypto in general.

I think Bitcoin will allow economic freedom for sure but time will tell!
 
Bitcoin will definitely have a good impact on the world economy as it will help facilitate the payments of goods and services globally. Making payments for goods online will be more faster and easier as exchange barriers differences will be lifted.
One of the things that the introduction of bitcoin cryptocurency has been able to solve is that the bottle neck of multiple verification when one want to do a wire transfer and confirm payment has been elimnated,that is a good one.
 
Yeah. We wil know that our money can't be centralised. We can control how to use and spend the money. Interest rates and inflation wil be made by the Blockchain not banks. People are now controlling their money
 
Bitcoin reduces the use of cash and it is being used as a currency digitally for the purchase of goods and services. The great effect it would have is in reducing the use of currencies for transactions.
 
Currently almost all mas media talk about Bitcoin, because the current price is over $ 27k. Bitcoin will greatly affect the world economy and finance, free market ideology, decentralized, do not have to comply with any country's regulations, Bitcoin also beat traditional investments such as gold, stocks and forex. I think Bitcoin has a lot of influence on the world, so What is the Impact of Bitcoin on the World ?
I think Bitcoin will change the worlds economic order, it will transfer the power from banks to people beside that it will increase in price and expand the projects under it.
 
The effect isbrhat it is going to make a lot of people to see the potentials in it.

This would now lead to massive adoption from the populace.
 
Bitcoin could redefine how we purchased goods and services, it has the tendency to alter how we pay for things and how money flows in our daily endeavors.
It has that potential.
 
Bitcoin is already bridging cross border engagements and that in itself is a huge achievement. The fact that you can invest and just watch the markets turn your investments profitable is one of the many reasons bitcoin has become essential in the world as we know it.
There are lots of things that you can achieve with the use of bitcoin,apart from the aspect of investment and getting profit,you can actually use it for e-commerce and confirm trans border payment.
 
The price of bit is very low, investing on Bitcoin will not be a good idea, I'll advise you to wait before you can invest your money on Bitcoin, it's nicely moving down.
 
I believe that a lot of people do not understand the kind of technology that bitcoin is because it is going to solve a lot of words problem like inflation and government control.
 

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