ECONOMIC IMPLICATIONS BITCOIN

Bitcoin has significant economic implications. It offers an alternative store of value, often referred to as "digital gold," particularly in regions with unstable currencies or restrictive financial systems. Its borderless nature allows for low-cost, fast international transfers, disrupting traditional remittance services.However, Bitcoin's volatility is a double-edged sword. While it presents opportunities for high returns, it also poses risks for investors and users. Regulatory uncertainty and varying acceptance levels worldwide further contribute to its price fluctuations.