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Topic: Bitcoin can less the unemployment rate? - page 12. (Read 16352 times)

full member
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January 29, 2019, 04:01:47 PM
Do you believe that the adoption of bitcoin in every country can less the unemployment rate? As what I have observed most of the countries right now are accepting bitcoin as a payment method. Is there a possibility that crypto will be legalized and become as a legal job also?

I dont think its that easy. Bitcoin is a cryptocurrency and to reducing unemployment rate, there should opening new job and build new infrastructure. I think its government job and bitcoin can not do that.
But most of the people still only trusting the Bitcoin investment only so the people who are entered into this field will definitely don't need any other job to do for their basic needs and it is enough for them to resolve all their problems in their society.
member
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January 29, 2019, 05:51:40 AM
Do you believe that the adoption of bitcoin in every country can less the unemployment rate? As what I have observed most of the countries right now are accepting bitcoin as a payment method. Is there a possibility that crypto will be legalized and become as a legal job also?

I dont think its that easy. Bitcoin is a cryptocurrency and to reducing unemployment rate, there should opening new job and build new infrastructure. I think its government job and bitcoin can not do that.
full member
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January 28, 2019, 05:26:03 PM
Do you believe that the adoption of bitcoin in every country can less the unemployment rate? As what I have observed most of the countries right now are accepting bitcoin as a payment method. Is there a possibility that crypto will be legalized and become as a legal job also?
No it is not going to make any job opportunity for the people who don't want to any work don't think cryptocurrency is not a job it is a currency and need to be earned by some ways. Even if the government accept cryptocurrency it's will result in huge taxes so people need to be ready for paying those taxes as well.Find a job mate.
I agree, bitcoin is not a job but a currency that can be widely accepted on which can possibly increase it's value in a short period of time. If we wanted to get involved in bitcoin we should look for a proper job so that we didn't worry even the bear market happen because we still have funds to buy more that would give us a huge profit in the future.
hero member
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January 28, 2019, 02:04:37 PM
Do you believe that the adoption of bitcoin in every country can less the unemployment rate? As what I have observed most of the countries right now are accepting bitcoin as a payment method. Is there a possibility that crypto will be legalized and become as a legal job also?
No it is not going to make any job opportunity for the people who don't want to any work don't think cryptocurrency is not a job it is a currency and need to be earned by some ways. Even if the government accept cryptocurrency it's will result in huge taxes so people need to be ready for paying those taxes as well.Find a job mate.
newbie
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January 28, 2019, 10:22:34 AM
I think bitcoin is not used to reduce the unemployment rate but bitcoin is only used to increase our income. Bitcoin cannot be predicted in a fixed price in the future so we cannot depend on bitcoin.
hero member
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January 28, 2019, 07:34:25 AM
It's hard to determine as of now if bitcoin can help to reduce the unemployment rate of every country since bitcoin is not fully accepted and not fully functional. The applications that are working right now are isolated cases only meaning only few of them. These days bitcoin is just like gold that is considered as asset.
- I think it's not too difficult to determine that because as you say, bitcoin is not fully accepted worldwide, and of course the number of participants in bitcoin will be very low in every country when the government always warns people about the risks of bitcoin. And another problem, income with bitcoin is really unstable, most people who come to bitcoin always have a stable job in real life, bitcoin is just a way to earn more income, all is enough to prove that bitcoin can not reduce unemployment rates, people can not consider it as a main job and depend on it
member
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January 28, 2019, 07:24:45 AM
Its not only about Bitcoin. But there're various opportunities through Blockchain platform. Crypto has become more powerful now. Crypto change peoples mind and mostly people are attracted by itself.
Bitcoin doesn't contributed in unemployment you know that BTC makes people financially strong but individually. So don't take as primary job.
 
member
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January 28, 2019, 07:12:16 AM
I think that's true, because with bitcoin it can be an opportunity to make a profit, and for those who are unemployed it will be like having a job and those who have formal jobs will get extra income.

But in what way? You don't mention. Bitcoin itself can destroy lives as well due to its fluctuations.
It should be a way of finding jobs related to the blockchain technology. All the cryptocurrencies offer this chance to people around the world and not only Bitcoin.
sr. member
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January 28, 2019, 07:08:42 AM
Do you believe that the adoption of bitcoin in every country can less the unemployment rate? As what I have observed most of the countries right now are accepting bitcoin as a payment method. Is there a possibility that crypto will be legalized and become as a legal job also?

I think it can, if given the chance to be introduced and be learned by more people. I think the different with cryptocurrencies compared to other investment medium or similar stock assets is that small people can make it big and do it on their own with enough effort and interest despite not having so much to invest in. Therefore, despite not having money or much of it to invest it and armed with ample knowledge, one can still be able to make it in the market, and in the future, earn potentially a good amount either to keep on investing or to try on new things like a business or other types of investments in different markets.
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January 28, 2019, 03:36:20 AM
I think that's true, because with bitcoin it can be an opportunity to make a profit, and for those who are unemployed it will be like having a job and those who have formal jobs will get extra income.
It should be bitcoin related jobs not bitcoin alone. If mentioning bitcoin to eliminate unemployment rates and has a way to give an opportunity to the people.

That must be bitcoin trading (buying and selling bitcoin).
A job related yes but bitcoin can’t bring more jobs because its too volatile that if someone depends on this alone its risky for them. Unemployment rate will be base on the willingness of people to work, but if they don’t look for a job then its a different story which is not controlled by bitcoin.
Yes that's what I'm talking. Someone who's going to depend fully with bitcoin as his official source of income will go sideways during the bad markets but if bitcoin pumps, it's good to be into it as full time.

As I've mentioned, it is the bitcoin related jobs not bitcoin alone.
member
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January 28, 2019, 03:26:22 AM
Bitcoin isn't a magic wand that we can wave around and make unemployment disappear. It takes more than BTC to solve the unemployment issue; a host of job creation policies and investment in infrastructure will certainly help.
bitcoin is only a digital currency, it is difficult to be able to reduce unemployment because it all depends on its function, but at least bitcoin can make it easier for businesses to be able to sell and sell between countries very quickly, maybe this can lead to more new entrepreneurs. absorb a lot of workforce, but if bitcoin is reducing unemployment it is not possible if the business actor is not facilitated by the state.

For me it is possible to reduce unemployment rate especially when it is legalized in all countries. It is a big help for the unemployed to have a job through bounty campaign or other operation related bitcoin who need people.
member
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January 27, 2019, 08:33:19 PM
Bitcoin isn't a magic wand that we can wave around and make unemployment disappear. It takes more than BTC to solve the unemployment issue; a host of job creation policies and investment in infrastructure will certainly help.
bitcoin is only a digital currency, it is difficult to be able to reduce unemployment because it all depends on its function, but at least bitcoin can make it easier for businesses to be able to sell and sell between countries very quickly, maybe this can lead to more new entrepreneurs. absorb a lot of workforce, but if bitcoin is reducing unemployment it is not possible if the business actor is not facilitated by the state.
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legendary
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January 27, 2019, 07:51:59 PM
Quote
Do you believe that the adoption of bitcoin in every country can less the unemployment rate?

Any factor which facilitates business and employment, useful enterprise will mean the country is richer overall.   I got zero doubt Bitcoin has contributed to world GDP, more in some areas then others but its too late to say its not part of the world economy.

Some countries do not have reliable currency and Bitcoin can be a great factor there, its not the only choice but its convenient to some for its unique features and clearing
sr. member
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January 27, 2019, 07:41:32 PM
It's hard to determine as of now if bitcoin can help to reduce the unemployment rate of every country since bitcoin is not fully accepted and not fully functional. The applications that are working right now are isolated cases only meaning only few of them. These days bitcoin is just like gold that is considered as asset.
full member
Activity: 742
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January 27, 2019, 07:37:23 PM
I think that's true, because with bitcoin it can be an opportunity to make a profit, and for those who are unemployed it will be like having a job and those who have formal jobs will get extra income.
It should be bitcoin related jobs not bitcoin alone. If mentioning bitcoin to eliminate unemployment rates and has a way to give an opportunity to the people.

That must be bitcoin trading (buying and selling bitcoin).
A job related yes but bitcoin can’t bring more jobs because its too volatile that if someone depends on this alone its risky for them. Unemployment rate will be base on the willingness of people to work, but if they don’t look for a job then its a different story which is not controlled by bitcoin.
member
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January 27, 2019, 07:09:41 PM
Do you believe that the adoption of bitcoin in every country can less the unemployment rate? As what I have observed most of the countries right now are accepting bitcoin as a payment method. Is there a possibility that crypto will be legalized and become as a legal job also?
Maybe in the future it will happen but for now we can't say anything because if this some of country legalize it there's so many things to be consider. Bitcoin is a big help to the people know how to manage it and to people who really understand about bitcoin.
hero member
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January 27, 2019, 06:52:46 PM
I think that's true, because with bitcoin it can be an opportunity to make a profit, and for those who are unemployed it will be like having a job and those who have formal jobs will get extra income.
It should be bitcoin related jobs not bitcoin alone. If mentioning bitcoin to eliminate unemployment rates and has a way to give an opportunity to the people.

That must be bitcoin trading (buying and selling bitcoin).
copper member
Activity: 381
Merit: 1
January 27, 2019, 02:57:49 PM
I think that's true, because with bitcoin it can be an opportunity to make a profit, and for those who are unemployed it will be like having a job and those who have formal jobs will get extra income.
member
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January 27, 2019, 02:39:35 PM
#99
Do you believe that the adoption of bitcoin in every country can less the unemployment rate? As what I have observed most of the countries right now are accepting bitcoin as a payment method. Is there a possibility that crypto will be legalized and become as a legal job also?
I believe bitcoin have the capacity to transform any economy and at that it left for the country in concern to adopt bitcoin and try regulate how the citizens of such country use it to avoid misuse and try prevent fraud and if this is properly put in place the rate of unemployment will be low in that way people will make ends meet from the activities in the bitcoin and the cryptocurrency network.
member
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January 27, 2019, 10:50:53 AM
#98
Do you believe that the adoption of bitcoin in every country can less the unemployment rate? As what I have observed most of the countries right now are accepting bitcoin as a payment method. Is there a possibility that crypto will be legalized and become as a legal job also?

Yes, I believe that the crypto industry could open doors of possibility. The crypto trading in itself is a serious "job". Even in bounty hunting and airdropping, we can make money. And this "work", if it can be considered as one, does not require diploma. Anyone can learn trading and do ICO promotion, and can generate income from it, regardless of statutes in the society. And this is just the beginning, I believe. Once bitcoin becomes legalized and globally accepted, it would, of course, need physical offices which would need staffs. Lots of crypto-related projects would surely be created, so that's another job opening.
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