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Topic: Bitcoin can decrease economic development - page 2. (Read 2078 times)

member
Activity: 364
Merit: 10
September 09, 2018, 08:24:53 AM
#60
Being worried about this new era. We are bound to digital worlds and forgotting the needs of our physical world.

If our farmers, fishermen, and other workmans that focus on agriculture would know how to gain bitcoin, will they still do their profession? However to some country, this is not a profession but a job to earn money. And if they learn about bitcoin, will they be able to continue earning from their hardworking jobs?.

What can you say about this?

we are just changing the old payment method but the industries are intact. we are just making a better payment system where there is lesser error and fees. i doubt that bankers will shift to cryptocurrency. i think they will remain.
full member
Activity: 756
Merit: 102
September 09, 2018, 08:21:05 AM
#59
Decrease ? Hmm i dont really think so . i dont see any disadvantages of bitcoin on why it can decrease the development of the economy of a country .  

Bitcoin can rather help the economy of a country to develop more and more due to the fact that bitcoin helps people to find a career online . many unemployed people are now have a job because of the influence of bitcoin .

Bitcoin also helps people to save time and money when transfering money here and abroad .

That is only few of the reasons that i can think of on why bitcoin is helpful and not a hindrance to us .
sr. member
Activity: 700
Merit: 251
September 09, 2018, 08:17:03 AM
#58
Being worried about this new era. We are bound to digital worlds and forgotting the needs of our physical world.

If our farmers, fishermen, and other workmans that focus on agriculture would know how to gain bitcoin, will they still do their profession? However to some country, this is not a profession but a job to earn money. And if they learn about bitcoin, will they be able to continue earning from their hardworking jobs?.

What can you say about this?

your question and the heading for the vote differs. So I would say about products yes there is scope we can have bitcoin in the future as currency to have a buying power of physical products(which it has now too partially). But the other statement of earning bitcoin and leaving jobs isn not gonna happen as to earn bitcoin and another crypto you need to have some techy skills or computer frenzy. but the agricultural workers are not used to that.
full member
Activity: 397
Merit: 100
September 09, 2018, 08:09:35 AM
#57
Their are many countries which believe that bitcoin will affect the economy of their country if they declared bitcoin as legal.So this is the main reason why many countries are not accepting BTC .May be they are right upto some extent because the one who decides such things are very intelligent and responsible people,they will take a decision which is beneficial for the country.But as an indivisual i believe that this will help a lot in growing the economy of the country.
member
Activity: 350
Merit: 12
September 09, 2018, 08:06:16 AM
#56
Being worried about this new era. We are bound to digital worlds and forgotting the needs of our physical world.

If our farmers, fishermen, and other workmans that focus on agriculture would know how to gain bitcoin, will they still do their profession? However to some country, this is not a profession but a job to earn money. And if they learn about bitcoin, will they be able to continue earning from their hardworking jobs?.

What can you say about this?

I do not think that the development of the crypto industry can cause a rift in the economy. In the yard where I live, the population is about 1000 people. I do not think that out of this thousand people there will be at least 5, who are tightly engaged in cryptocurrency. This is not accurate statistics, but we are now a minority and many of those who are engaged in cryptocurrency continue to work in offices, perform services. Almost all of us work also in real time.
hero member
Activity: 2842
Merit: 772
September 09, 2018, 07:28:28 AM
#55
Being worried about this new era. We are bound to digital worlds and forgotting the needs of our physical world.

Exactly, we are slowly moving to digital currency and cashless society.

If our farmers, fishermen, and other workmans that focus on agriculture would know how to gain bitcoin, will they still do their profession? However to some country, this is not a profession but a job to earn money. And if they learn about bitcoin, will they be able to continue earning from their hardworking jobs?.

What can you say about this?

I don't get your argument. There's still a learning curve here. Its not that once they enter they the crypto sphere they will earn huge amount already. So I don't think that they will leave their farms or not go fish again. Besides, do those farmers and fishermans are technically inclined? I doubt it. And its hard to teach old dogs new tricks. Perhaps what they can do it let their kids embrace crypto and show them how it works but it doesn't mean they need to go full crypto themselves, just saying.
newbie
Activity: 238
Merit: 0
September 09, 2018, 07:03:00 AM
#54
Being worried about this new era. We are bound to digital worlds and forgotting the needs of our physical world.

If our farmers, fishermen, and other workmans that focus on agriculture would know how to gain bitcoin, will they still do their profession? However to some country, this is not a profession but a job to earn money. And if they learn about bitcoin, will they be able to continue earning from their hardworking jobs?.

What can you say about this?
not everyone will follow to get bitcoin, try asking your friends who don't know about cryptocurrency, I'm sure the answer is they didn't notice it. such people will not believe in unreal results, they only believe in the effort that appears. how many times you try it your business will be in vain, and not everyone will understand about how bitcoin works.
full member
Activity: 658
Merit: 126
September 09, 2018, 06:00:44 AM
#53
In my point of view, we have different skills that may be suited to our jobs. As to learn bitcoin, of course you have to be computer literate otherwise you will not understand it. As a matter of fact, we are not all devoted to the modern technology so it's hard to assume that it can affect the economic development.
jr. member
Activity: 420
Merit: 1
September 09, 2018, 05:10:24 AM
#52
I think most of them will continue to do their profession, and every profession / job will want to get results. the results of the work may be considered more real to them.
If they learn about bitcoin, I don't think it's to be a new job for them. Maybe it will be a new land to invest if they are interested, hoping to get additional income from the investment. Not everyone can understand bitcoin, even those who have learned are not necessarily successful in bitcoin. Interest and talent for something that is most relevant in determining a suitable job. Even though at a certain time bitcoin can provide big and fast benefits for those who are experienced in this matter.
jr. member
Activity: 144
Merit: 1
September 09, 2018, 04:46:36 AM
#51
Being worried about this new era. We are bound to digital worlds and forgotting the needs of our physical world.

If our farmers, fishermen, and other workmans that focus on agriculture would know how to gain bitcoin, will they still do their profession? However to some country, this is not a profession but a job to earn money. And if they learn about bitcoin, will they be able to continue earning from their hardworking jobs?.

What can you say about this?
It will be so dangerous if this will happen. If the farmers will stop farming and focus here then that will be so difficult. How can we live without them?
full member
Activity: 826
Merit: 100
September 09, 2018, 04:40:42 AM
#50
i think with the lack of legality of bitcoin, and investors are turning to investing in BTC, this can hamper economic growth. We imagine that many have escaped state tax trap by investing in BTC
hero member
Activity: 1190
Merit: 534
September 09, 2018, 04:38:37 AM
#49
Well, Bitcoin is nothing but just another form of money and one can earn it in the same way that he earns the regular money. However, the hidden potential lies in the decentralization part which allows us to leverage the potential of lower cost & time. However, with the great power, there is a great responsibility and we must have the awareness on a mass level before promoting the actual ground level use of it.
sr. member
Activity: 644
Merit: 263
September 09, 2018, 04:13:01 AM
#48
This topic is hot all the time when it comes to the economic development of the world and its contribution. I hardly think that government is even worried about the bitcoin and its economic effects. They are worried about only the black money that is getting laundered with the help of crypto currency and nothing else. That is money which may not even move the national development in right path. I mean bitcoin as whole has money which is spent everyday in the whole world. Thats my uneducated guess but I am sure it is upto 60% true. Even it is some % truth then also its sufficient to prove the theory that it doesnt matter what bitcoin is doing and whether it has the adverse effect on the economic development or not.
legendary
Activity: 2436
Merit: 1362
September 09, 2018, 04:07:15 AM
#47
Being worried about this new era. We are bound to digital worlds and forgotting the needs of our physical world.

If our farmers, fishermen, and other workmans that focus on agriculture would know how to gain bitcoin, will they still do their profession? However to some country, this is not a profession but a job to earn money. And if they learn about bitcoin, will they be able to continue earning from their hardworking jobs?.

What can you say about this?

Contrary to what we might think or believe not everyone is "making money" from trading.
It is not that easy to make gains and not everyone wants or has the confidence to trade
in this volatility.

The vast majority of people are of the thinking "dont want to know" "dont care" "dont know
how" or are quite happy working as it is their life.
It is a bit irrational to think even in the next 50 years that everyone will be sitting at home
day trading crypto and we have to remember there will be less than 20,000 bitcoins
available to share around the world.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
September 09, 2018, 03:24:38 AM
#46
Being worried about this new era. We are bound to digital worlds and forgotting the needs of our physical world.

If our farmers, fishermen, and other workmans that focus on agriculture would know how to gain bitcoin, will they still do their profession? However to some country, this is not a profession but a job to earn money. And if they learn about bitcoin, will they be able to continue earning from their hardworking jobs?.

What can you say about this?

First of all, you seem to be lost in a false dichotomy and are trying to solve a non-existent dilemma. Having a profession (i.e. being qualified to do something) allows you to be hired for a certain job, but it is not a job in and of itself, nor is it its lack. In simple terms, you are comparing apples and oranges, while they are as different as chalk and cheese

Further on, you are asking wrong questions. It is not so much about farmers, fishermen, and other people of similar occupations as about everyone, whatever activity they are involved in. Bitcoin can only exist as an addition to fiat, without fiat it will be useless as its lacks features that would allow it to be used instead of fiat

The lesson to take home is that you can sleep tight as Bitcoin and crypto in general don't threaten either farmers or fishermen (or fiat itself)
legendary
Activity: 2492
Merit: 1232
September 09, 2018, 03:01:46 AM
#45
Being worried about this new era. We are bound to digital worlds and forgotting the needs of our physical world.

If our farmers, fishermen, and other workmans that focus on agriculture would know how to gain bitcoin, will they still do their profession? However to some country, this is not a profession but a job to earn money. And if they learn about bitcoin, will they be able to continue earning from their hardworking jobs?.

What can you say about this?
Bitcoin is not a job it is just the currency so if someone want to have bitcoin they need to do work to earn that so it won't affect any kind of profession.If you think crypto trading as a job it can't be done by everyone only few people can become traders of everyone starts doing crypto trading then world will get into chaos.But this won't happen at any cost the world needs all kind of jobs for the human beings to exist.
I strongly agreed with you mate, yeah Bitcoin is not a job. If those people learned about bitcoin they used this as an alternate source of income because you can't rely on this as a main source of income. Field workers like Fisherman, Farmer and etc that are related skilled worker they may use bitcoin as a part-time job but they can't give full-time work in crypto-currencies.
Adopting in cryptocurrency is depends upon o which country you are.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
September 09, 2018, 02:59:01 AM
#44
Being worried about this new era. We are bound to digital worlds and forgotting the needs of our physical world.

If our farmers, fishermen, and other workmans that focus on agriculture would know how to gain bitcoin, will they still do their profession? However to some country, this is not a profession but a job to earn money. And if they learn about bitcoin, will they be able to continue earning from their hardworking jobs?.

What can you say about this?
You does make sense but we cant all love the samething and we all have passion for different things which is the reason why one man food is another mans poison. Concerning the farmers knowing how to earn bitcoin, I have alot of ICOs which were meant to boost agriculture products and if you do a background check of the project teams they are definitely a farmer.
hero member
Activity: 826
Merit: 518
September 09, 2018, 02:45:21 AM
#43
Being worried about this new era. We are bound to digital worlds and forgotting the needs of our physical world.

If our farmers, fishermen, and other workmans that focus on agriculture would know how to gain bitcoin, will they still do their profession? However to some country, this is not a profession but a job to earn money. And if they learn about bitcoin, will they be able to continue earning from their hardworking jobs?.

What can you say about this?
Bitcoin is not a job it is just the currency so if someone want to have bitcoin they need to do work to earn that so it won't affect any kind of profession.If you think crypto trading as a job it can't be done by everyone only few people can become traders of everyone starts doing crypto trading then world will get into chaos.But this won't happen at any cost the world needs all kind of jobs for the human beings to exist.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
September 09, 2018, 02:28:37 AM
#42
Being worried about this new era. We are bound to digital worlds and forgotting the needs of our physical world.

If our farmers, fishermen, and other workmans that focus on agriculture would know how to gain bitcoin, will they still do their profession? However to some country, this is not a profession but a job to earn money. And if they learn about bitcoin, will they be able to continue earning from their hardworking jobs?.

What can you say about this?

If bitcoin become global currency, every country still have their own currency. Fisherman or farmer still using their own currency for their activity and i am believe they keep doing their job. Bitcoin dont affect to every people job because what people need is device to use bitcoin
This is far more complicated than op presented it. He didn`t even try to explain current situation, where little farmers are being destroyed by corporations. What will new era bring together with blockchain, take a look on some projects where people are making their own token for their own industry, or work, business, with blockchain this little farmers will have a weapon against corporations and we can help them by supporting their tokens, get dividends from their work.
I can`t understand people who are worried about new era, but with current era that they are satisfied? That is a disaster, people don`t know in what kind of world they are living.
sr. member
Activity: 454
Merit: 251
September 09, 2018, 02:22:38 AM
#41
Being worried about this new era. We are bound to digital worlds and forgotting the needs of our physical world.

If our farmers, fishermen, and other workmans that focus on agriculture would know how to gain bitcoin, will they still do their profession? However to some country, this is not a profession but a job to earn money. And if they learn about bitcoin, will they be able to continue earning from their hardworking jobs?.

What can you say about this?
No. I dont believe that bitcoin can decrease the economic development because it can decrease unemployed people in a country. Bitcoin don't have any reason that it will make the economy fall down. Bitcoin is very beneficial in a country the government are just afraid because they cannot control it.
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