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Afrizal rahman

Can Bitcoin Help with Economic Problems?

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Digital currencies are a modern technology that has advantages that enable dealers to avoid some of the shortcomings facing customers in the traditional monetary system in order to bring about a fundamental change in the global economy.

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Yes Bitcoin can help solve financial problems. There are many people who will be able to solve the economic problems of themselves and the country by investing in Bitcoin through Yobit.

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Definitely! Cryptocurrency could be a used for people who couldn't get job. In that case, unemployment rate of individuals in a community would be lessen. It could also be used to lessen the poverty rate of a country that would also affect its economy. 

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Bitcoin gives people not only hope, but real income today. Many people found a job thanks to crypto. Crypto already has an impact on the global economy and this effect will grow.

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11 hours ago, Loly said:

Originally bitcoin is a free, uncensored currency with the aim of liberalizing the global economy to avoid the problems of the traditional monetary system and to keep pace with the rapid changes in the business world, especially on the virtual network.

If we take into account some country separately, the adoption of official cryptocurrency will slightly increase the economy of this country.

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if used efficiently, bitcoin can be a solution for that. used as an investment to get profit, used as a transaction with a cheaper fee, even if it is an international transaction, it can also be a solution to minimize the cost of tax bills or fees.

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It seems to be helping to solve financial problems because it is also a money-making webpage and from here we can make money and we can exchange it and using it minimizes financial problems.

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Of course i think bitcoin help with economics problem.We have faced many problems for money.We can solve this to working with bitcoin.Through Bitcoin we can earn more profit from this

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7 minutes ago, Riad Ahmed said:

The system of world business always change...if the bit coin come into world wide business then it will be very great but the question is when all country will use bit coin as business

well so far we didnt need any country to use bitcoin but its about the people who always invest and buy it, they could be from africa or america or asia so it doesnt matter what the government say.

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Bitcoin is very valuable. But many countries do not know about this. But many countries have become aware of Bitcoin. They have already started working on bitcoin. And by investing in it they will be able to solve their economic problem.

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We can not tell if this bitcoin can help economic problems.. there are some countries that banned bitcoin because this could bring down their economy other countries it can help their economy, but there is no proof about this that bitcoin can help the economy.

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I don't think that the bitcoin can effect the economic problems because economic problems are there for of the unequal distribution of wealth. The rich persons hold the majority of the wealth and the middle class and the poor people get nothing. So if bitcoin be there, the rich person will use those to get more richer. 

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Bitcoins can help economical problems, it has a good feature that could be used to solve some of the major problems

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You got the point and that is reality, even most country still reject but they adopt the technology and next time they will take bitcoin as financial legal instrument. Many method release to use crypto to make money but no regulation create no protection, no taxes is good but I think we need safety for our activity.

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Yes it already solve unemployment.me from being jobless when I discover Bitcoin it gives me opportunity to earn money to support my financial living.now I am spending my time in a productive way.theres a lot of way to earn using this currency if you just spend time to learn how it works.

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Yes of course, why I keep standing here if not for economic purposes?. People love crypto because is free, no monopoly and free taxes. Safety is the main problem but that is our responsibility. Economic keep continue even currency in bad condition like this time and that's become good indicator crypto can help economic problems.

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With bitcoin,  things might get great for you, especially your economic status, but it does not guaranty it. But if you have faith things might turn out to be well.

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1 hour ago, Balegi said:

With bitcoin,  things might get great for you, especially your economic status, but it does not guaranty it. But if you have faith things might turn out to be well.

Yes there is no guarantee that it will help, but possibilities shows that bitcoin might be able to help

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Ofcourse cryto helps us in many ways it can help people who are below the poverty line and this helps me a lot when it comes to my school problems

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On 1/3/2020 at 11:50 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 bitcoin is used and can be helpful for economic problems. Bitcoin prices changes alot and with that a user can have a good amount of money. Price fluctuations leads to a good amount of profit from Bitcoins.

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If the whole world countries approved bitcoin then it will very helpful to improve economic problem.

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Yes bitcoin can help the economic problems because it is the burden on the states to give jobs to the citizens and when these citizens will join crypto then they will start earning and the state will become a rich state. 

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11 minutes ago, Pegem said:

Yes bitcoin can help the economic problems because it is the burden on the states to give jobs to the citizens and when these citizens will join crypto then they will start earning and the state will become a rich state. 

But the weird part is the government does not care  about unemployment and jobs, they only care about the loss crypto will bring to the government.

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Well to an extent bitcoin can help in economic condition or problem ,and it can correct the thing of the markets ,it has high technology of security is used in like blockchain technology and other which makes it secure ,so there cannot be problem in trading and it has much money that can help  to build a strongest economy

Edited by Akasshh
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