Bitcoin affect economies?? Except the economy is like el Salvador that is largely dependent on Bitcoin. I don't see economies getting affected by bitcoin much.
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Aside El-Salvador, other countries that also legalized the use of Bitcoin though not as legal tender but for transactions it prices could also affect the economyBitcoin affect economies?? Except the economy is like el Salvador that is largely dependent on Bitcoin. I don't see economies getting affected by bitcoin much.
Bitcoin is being traded, sold and purchased in many countries of the world. But the fluctuations of the crypto market have never really affected countries economies or even affected local currencies.Aside El-Salvador, other countries that also legalized the use of Bitcoin though not as legal tender but for transactions its prices could also affect the economy
Of course it can affect the economy of countries that I've not legalize the use of cryptocurrency but if they have been legalized it that is when they will know the impact of its activities on the economy.Bitcoin is being traded, sold and purchased in many countries of the world. But the fluctuations of the crypto market have never really affected countries economies or even affected local currencies.
How do you make that assertion then? Also you haven't really provided instances or how it might affect a country's economy. I would like to know.Of course it can affect the economy of countries that I've not legalize the use of cryptocurrency but if they have been legalized it that is when they will know the impact of its activities on the economy.
For instance in my country Nigeria cryptocurrency is not legalize so whether cryptocurrency rise or fall it doesn't affect the economy because no activities are carried out with cryptocurrency in the country.How do you make that assertion then? Also you haven't really provided instances or how it might affect a country's economy. I would like to know.
Even if it was do you think this will affect the country's economy if people were allowed to trade freely and what not??. I know Nigeria is one of the top 3 countries in the world that trades and utilizes crypto.For instance, in my country, Nigeria cryptocurrency is not legalized so whether cryptocurrency rise or fall doesn't affect the economy because no activities are carried out with cryptocurrency in the country.
Nigeria government doesn't allow trading of cryptocurrencies but Nigerlans on their own uses Peer to Peer to engage in cryptocurrencies trading and investments so it has no effect on Nigeria economy as far as the government is concerned.Even if it was do you think this will affect the country's economy if people were allowed to trade freely and what not??. I know Nigeria is one of the top 3 countries in the world that trades and utilizes crypto.
Exactly the point. In reality the crypto market dosen't affect economy and has little effect on the economy. In the US you can do whatever you want with crypto, it doesn't affect the country's economy.Nigeria government doesn't allow trading of cryptocurrencies but Nigerlans on their own uses Peer to Peer to engage in cryptocurrencies trading and investments so it has no effect on Nigeria economy as far as the government is concerned.