Bitcoin can less the unemployment rate? - page 17.

Oceat

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Quote from: emulsifryer on January 22, 2019, 09:47:37 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.

Cryptocurrencies can help to decrease the unemployment rate of every person in each country but adoption and using of payment method doesn't help a country to make their unemployment rate to decrease. It just depends on what job you are talking about because most of the jobs today not really using cryptocurrency as a way of payment method. And you can't separate the fiat currency to cryptocurrency because have it's own use.

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Is there a possibility that crypto will be legalized and become as a legal job also?

What legal job are you talking about? Mining? Crypto is a digital currency.

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Quote from: emulsifryer on January 22, 2019, 09:47:37 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?

How it can reduce unemployment,Crypto is a currency not a job,so you need to be doing some work to earn that o one is going to give your free money.

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Quote from: emulsifryer on January 22, 2019, 09:47:37 PM

Is there a possibility that crypto will be legalized and become as a legal job also?

Wut? What do you mean by "crypto as a job"?

Bitcoin can open new opportunities for people to do cheaper borderless transactions. However, these opportunities eventually depend on the people using it. We decrease the unemployment rate by creating more startups and small business, not by using bitcoin per se.

Idrisu

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Quote from: emulsifryer on January 22, 2019, 09:47:37 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?

I really agree with this and bitcoin and cryptocurrencies has the capacity to reduce unemployment. I do make some trade that put funds into my pocket and I have been using those money to invest in other areas that I plan will create employment for my country citizens.

christian07

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Don't treat bitcoin as a job because this is very risky like you can't rely your daily needs or your financial here in life then better to do is find real job first before you take risk here in crypto another thing you should is do some real business also so your way to earn are many still do this if you can afford and if you can handle all of this

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What needs to be realized is, that bitcoin is not a job, Bitcoin currency is on digital moving, in every country, while employment or unemployment is another thing,
More suitable, Bitcoin can increase income for those who use each country.
unemployment is based on real work. Like in companies, government, etc.

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Bitcoin may to adopted for every countries in the world someday but to reduce unemployment i think it still has to be proven because unemployment still a problem in almost every country and not easy to solved it especially in many developing countries when a lot of people does not to understand bitcoin and technology behind it and as far i know very difficult to introduce bitcoin to them

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Quote from: Incodium Coin on January 22, 2019, 10:30:55 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.

It's incredible to me how so many newbies get these ideas about Bitcoin. It's just a commodity; a new and possibly better form of money. The existence of cryptocurrency isn't going to magically erase society's problems any more than the existence of gold. Bitcoin isn't revolutionary in the social or political senses at all. If it attains mass adoption, then in terms of economics, it'll mostly just result in transferring wealth from one group/class to another. Early adopters will be rewarded and the market share of other store-of-value assets (like gold) will decline.

Indrawan77

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Sure, after the reputation of bitcoin and blockchain rising, I had see so many new job opportunities and bitcoin also open the door for new business, the problem now lies in the government adoption, if the government could tolerate and regulate the crypto well then it can increase the economics and decrease the unemployment rate

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Not so sure if bitcoin can reduce unemployment, what work can be done in bitcoin? does it become a programmer, IT, open services, traders, miners, become a developer of a project? If so, then the work can only be done by experts in my opinion and ordinary people cannot try the job only to become a blunder for themselves if they cannot do it well. Maybe the right thing is that bitcoin can only be used for an extra income that looks good with a note, at least you have to be able to manage it well like mining and trading.

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Bitcoin is a cryptocurrency and the job dependency to it is inappropriate.

Maybe Op tells about trading and earning bitcoin with different methods?

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Quote from: Incodium Coin on January 22, 2019, 10:30:55 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.

I don't think the OP is by any means reiterating that Bitcoin will eradicate unemployment issues, but rather asking if Bitcoin could provide help in decrease the rate of massive unemployment in some countries. Have each government not been talking about job creation policies all along how well as that fare out ? Not so well, As far as I can tell.

Quote from: emulsifryer on January 22, 2019, 09:47:37 PM

Do you believe that the adoption of bitcoin in every country can less the unemployment rate?

Yes, it literally can and it is already doing so in my country, there a lot of young folks plying through the entrepreneurship route by buying and selling bitcoins in exchange for fiat and making decent returns than even an officially employed person. There are also big merchants who deals in cryptocurrencies that are employer of labour.

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Quote from: emulsifryer on January 22, 2019, 09:47:37 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?

What kind of jobs are you talking about? I would agree if you refer to blockchain technology, but bitcoin? How can it reduce unemployment when people just trade or invest on it? You mean people going to trade and make it as their regular job? It can't because bitcoin price is very volatile and highly risk, just look at how people left their regular jobs to pursue full time in trading in 2017 because they think the price could go on parabolic rise, and then we witnessed 2018, a bearish trend which makes it difficult to make money out of the market even up to this day.

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Quote from: wahyu wida on January 22, 2019, 09:57:52 PM

for now I think, yes. because many are successful with Bitcoin. those who do not have capital can join the bounty campaign. but I think it will be different if many countries have legalized BTC

That's right and if I think bitcoin does indeed reduce unemployment in various countries but countries that have legalized bitcoin. and most people are already successful with bitcoin because the results they get are very promising

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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.

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for now I think, yes. because many are successful with Bitcoin. those who do not have capital can join the bounty campaign. but I think it will be different if many countries have legalized BTC

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Quote from: emulsifryer on January 22, 2019, 09:47:37 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?

i believed this may happen very soon but not immediately because one thing most countries that backs out from making bitcoin as a major currency in a certain country is the fact that it is volatile, if ever bitcoin maintain its value maybe it will be accepted by most but then again we'll see to it.

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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?

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