Can Bitcoin Help with Economic Problems?

[MohammadMohsin 569]

Of course it can. Cause many people are earning their living from this field. They are doing really good with their life. 

[Kotha511 0]

Bitcoin is a digital asset^[1] designed by its inventor, Satoshi Nakamoto, to work as a currency.^[2][3] It is commonly referred to with terms like: digital currency,^[4]:1 digital cash,^[5] virtual currency,^[6] electronic currency,^[7] digital gold,^[8] or cryptocurrency.^[9][a]

[RogueBartik 24]

Bitcoin and cryptocurrencies it's future economic! 

[duncun007 3577]

On 1/12/2020 at 7:59 AM, Hasan943 said:

In my own opinion, Bitcoin can help solve the economic problem as it works for the next generation. It will certainly play an important role. We know that Bitcoin has many big plans with which he works so we believe it will work to solve the problem.

i think bitcoin have already solved the financial problems of a lot fo people and i am one of these people as i were in a very bad financial situation before crypto and now its much better with all the profits we make by trading.

[khan22 3478]

On 1/3/2020 at 11:05 AM, Afrizal rahman said:

Digital technology helps change one's life and the presence of Bitcoin has shown a new era in this advanced technology world.  Today many people are familiar with Bitcoin, although only a few countries accept it.  We need to know that Bitcoin is an electronic money made in 2009 by Satoshi Nakamoto.  The name is also associated with open source software that he designed, and also uses peer-to-peer networks without centralized storage or a single administrator where the United States Treasury calls bitcoin a decentralized currency.  Is the presence of Bitcoin can help people who are below the poverty line, because many people say that Bitcoin is a way to make money easily and tax free for its users.

Now this time almost all the world is facing the economic problems and they need some thing good and different business which will help them to safe the money and also to give them profit from the market.

[babaji 1228]

There are some people who are beyond any help. If a man is able to do work, and yet he decides to beg, no one can help him. Bitcoin is something that will help a lot of people, and already has, and they were not billionaires but now they are millionaires. It has created a way, where all the people who got a little of bitcoin can alleviate themselves from poverty, and that is greatest humanitarian help you can give to anyone. Bitcoin will change more lives, but you have to keep an open mind and heart to it, and not rubbish it aside as a bullshit fake bubble, and believe the hype. 

[Akbor 1042]

On ‎1‎/‎7‎/‎2020 at 4:01 PM, babakashi2020 said:

I will have to say yes seeing that so many countries are dealing with unemployment the youths can use crypto as a source of income.

Right the youth can join in crypto to earn some money. I think if anyone join in this world and o his best then in future he can make a good earning.

[Naga 1250]

6 hours ago, Kabbo said:

Yes Bitcoin can help the economic growth because there are lots of people who increase there Money with Bitcoin. Any poor countries can become rich with BTC

you cant compare the people with countries because yea people can get rich of bitcoin and crypto but its not the same for countries as the entire marketcap of bitcoin and crypto is 240 billion.

[Sumayya 493]

7 hours ago, Imran Ahammed said:

My opinion that yes Bitcoins can remove economic problems.everyday price of btc are increasing also volume are pumping that is a good news for economic.if all countries can accept Bitcoin i think it's can help economic.

Yes it is already helping for those that adopted it into their financial system

[Rickso 768]

On 1/3/2020 at 7:05 AM, Afrizal rahman said:

Digital technology helps change one's life and the presence of Bitcoin has shown a new era in this advanced technology world.  Today many people are familiar with Bitcoin, although only a few countries accept it.  We need to know that Bitcoin is an electronic money made in 2009 by Satoshi Nakamoto.  The name is also associated with open source software that he designed, and also uses peer-to-peer networks without centralized storage or a single administrator where the United States Treasury calls bitcoin a decentralized currency.  Is the presence of Bitcoin can help people who are below the poverty line, because many people say that Bitcoin is a way to make money easily and tax free for its users.

yes, sure bitcoin can help with economic problem, but we are at the beginning to this new crypto world so we need to wait to see how powerful bitcoin is. but for now bitcoin already helped a lot of people bit is still very risky investing in it now

[Romaan1987 601]

On 1/3/2020 at 11:05 AM, Afrizal rahman said:

Digital technology helps change one's life and the presence of Bitcoin has shown a new era in this advanced technology world.  Today many people are familiar with Bitcoin, although only a few countries accept it.  We need to know that Bitcoin is an electronic money made in 2009 by Satoshi Nakamoto.  The name is also associated with open source software that he designed, and also uses peer-to-peer networks without centralized storage or a single administrator where the United States Treasury calls bitcoin a decentralized currency.  Is the presence of Bitcoin can help people who are below the poverty line, because many people say that Bitcoin is a way to make money easily and tax free for its users.

Bitcoin is actually helping out some countries for economic development and a country which have lost their fiat currencies value due to economic disaster, they are now using crypto currencies to run their economic matters. In near future it will join hands with fiat currencies and can boost the economic situation where needed.

[Hendy1 370]

Bitcoin investment is indeed very profitable and tempting some people think about doubling money in bitcoin investments can help the economy well. but it is not free in high risk. Yes of course, if they want to have the skills and information in bitcoin investments they will get a surprise. This really helps in finance.

[Ovis25 135]

Bitcoin has helped a lot of people in several ways, it is easy to use, save, easy to get along with is faster and it's attribute has help a lot people severally in years.

[Lubruselu 2803]

On 1/31/2020 at 8:04 AM, khan22 said:

Now this time almost all the world is facing the economic problems and they need some thing good and different business which will help them to safe the money and also to give them profit from the market.

I think in the future those governments that's are not allowed the bitcoin, they will launching their own coins and supply worldwide in order to get profit

[Shaza Ahmad 1682]

On 1/3/2020 at 1:05 AM, Afrizal rahman said:

Digital technology helps change one's life and the presence of Bitcoin has shown a new era in this advanced technology world.  Today many people are familiar with Bitcoin, although only a few countries accept it.  We need to know that Bitcoin is an electronic money made in 2009 by Satoshi Nakamoto.  The name is also associated with open source software that he designed, and also uses peer-to-peer networks without centralized storage or a single administrator where the United States Treasury calls bitcoin a decentralized currency.  Is the presence of Bitcoin can help people who are below the poverty line, because many people say that Bitcoin is a way to make money easily and tax free for its users.

Satoshi Nakamoto, that miracle person, gave us a way to handle payments and a completely secure system free from tampering, a transparent and impenetrable system, bitcoin is an amazing invention

[Goody28 259]

On 1/3/2020 at 7:51 AM, ananya7737 said:

In fact, this is one of the reasons why Satoshi Nakamoto created Bitcoin. But Bitcoin is still an investment with lots of risk due to high volatility, so it has not yet been considered an effective hedge. Investors often aim for price stability in times of market turmoil, and it's hard to say that Bitcoin can deliver that demand

I understand your point here Bitcoin can't actually eradicates the economy problems it's kind of hard to admit that  because bitcoins has high liquidity and volatility bitcoins price can fall at any point in time 

[hamadahajali 394]

I think that bitcoin will Occupy the first rank in transfers through the years to come and will become more popular than traditional transfers

[Apple 202]

11 minutes ago, Farman Ali said:

Dear brother ye bitcoin is the best solution of the economy because the real time currency is not handling the economy so the government should try the crypto currency the bitcoin 

Currently, the world economy is out of control because no system can be trusted to control it. The cryptosystem will control this economic chaos.

[Nayan deka 317]

Obviously bitcoin or cryptocurrency will help in poor countries to be helpful for unemployment problem as it will give good opportunity to them.

[BTC Future 3946]

On 1/3/2020 at 8:05 AM, Afrizal rahman said:

Digital technology helps change one's life and the presence of Bitcoin has shown a new era in this advanced technology world.  Today many people are familiar with Bitcoin, although only a few countries accept it.  We need to know that Bitcoin is an electronic money made in 2009 by Satoshi Nakamoto.  The name is also associated with open source software that he designed, and also uses peer-to-peer networks without centralized storage or a single administrator where the United States Treasury calls bitcoin a decentralized currency.  Is the presence of Bitcoin can help people who are below the poverty line, because many people say that Bitcoin is a way to make money easily and tax free for its users.

Basically Bitcoin will help individuals and not the economy of whole countries. It cannot become a major monetary system but it still can run in parallel, and it does that basically since 2010. It is an alternative to the traditional financing system but it is more for individuals rather than for a whole country to use.

[Rstunirk 151]

Cryptocurrencies can explain financially viable crises if countries trade cryptocurrencies and squeeze projects of this type, as this will supply to countries obtaining not inconsiderable profits from cryptocurrencies as nicely as achieving income by establishing projects for cryptocurrencies
 

[Naylor89 1223]

Bitcoin can help the economy by pumping in more revenues in the market by providing more liquid assets to people thereby making them more likely to spend it in their country and paying taxes in the process. 

[KURTAULI 1297]

Bitcoin is a decentralized cryptocurrency where many people now adopt for the better future. I think it will help our country economic crisis even it was not governed by the government because it helps to reduce the number of unemployed and it helps the community to gain and rise from poverty which is also one of the problem of every government.

[khan22 3478]

On 1/3/2020 at 11:05 AM, Afrizal rahman said:

Digital technology helps change one's life and the presence of Bitcoin has shown a new era in this advanced technology world.  Today many people are familiar with Bitcoin, although only a few countries accept it.  We need to know that Bitcoin is an electronic money made in 2009 by Satoshi Nakamoto.  The name is also associated with open source software that he designed, and also uses peer-to-peer networks without centralized storage or a single administrator where the United States Treasury calls bitcoin a decentralized currency.  Is the presence of Bitcoin can help people who are below the poverty line, because many people say that Bitcoin is a way to make money easily and tax free for its users.

Bitcoin is a great coin and it will help to the economic problems because so many countries will now try to be strong from another country and this time if any country start to deal in the crypto market than they can strong himself in short time becasue BTC will touch high this time so much.

[Tasrif Hossain 271]

In my opinion it is never possible that Bitcoin will do exactly all the kinds of problems our country has in the economy, because Bitcoin itself is always in the market, meaning that it will increase as prices rise very quicklyThe way is quickly diminished and this can be one of the problems in me if some kind of government investing in them wants to solve this problem