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Topic: Bitcoin can less the unemployment rate? - page 3. (Read 16352 times)

full member
Activity: 658
Merit: 102
Bitcoin can't lessens unemployment in a country unless people get employed with fintech companies that uses blockchain or bitcoin in their business. Bitcoin is only alternative kind of payment system but it can be use to fund some businesses that will employ many people. But first of all, bitcoin should be legally in a country that plans to establish a bitcoin-based companies.
hero member
Activity: 1316
Merit: 502
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?
Well if we talking about a job that would open cause of bitcoin i do think yes job like bounty program would help some people who are intrested in crypto and love to invest in crypto. But still i think it would not solve the unemployment problem at all cause what i see is the more people joining the bounty the less the reward is.
You are understanding very accurately about this issue, bitcoin cannot solve the unemployment rate even though it actually creates some jobs because jobs like investment, trading and bounty campaigns, these are risky jobs, and income is generated based on the knowledge and skills of participants. And I am sure people always know the talent and skills they have, understand the risks in bitcoin, and usually, they will have a stable job before joining crypto and bitcoin, unemployed people will not dare to choose bitcoin as the main job unless it is unstable for their lives
full member
Activity: 728
Merit: 101
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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?
Well if we talking about a job that would open cause of bitcoin i do think yes job like bounty program would help some people who are intrested in crypto and love to invest in crypto. But still i think it would not solve the unemployment problem at all cause what i see is the more people joining the bounty the less the reward is.
newbie
Activity: 8
Merit: 0
If a person does not want to work, he will not be forced to do it for Bitcoins.
hero member
Activity: 1722
Merit: 528
bitcoin and allied industries can lower the unemployment rate and can provide various employment opportunities if crypto currencies are allowed legally in merchant stores

How will that work?

If you have a Bitcoin you can be employed by that merchandise? Is that it? Even if cryptocurrencies are legal to countries it will not lessen the unemployed individuals unless they have the money and they can invest in Bitcoin. Unemployed or employed, as long as you invest, that is how will Bitcoin help people and also some transactions.
full member
Activity: 1554
Merit: 101
because of the popularity of bitcoin and also the expensive price, some people make it as their source of income, in this sense it becomes a separate job, and not a job created but created by itself.
maybe there are some companies that give salaries through Btc but that in my opinion has got an agreement from both parties.
legendary
Activity: 2002
Merit: 1015
Definitely can lessen the unemployment rate but people should know that they need to have a consistent way of earning otherwise they'll end up having a unstable earning and it's not good for a man with family. As long as you are earning continuously, you can stay and be full time if not, much better if you treat crypto as side line.
member
Activity: 280
Merit: 15
bitcoin and allied industries can lower the unemployment rate and can provide various employment opportunities if crypto currencies are allowed legally in merchant stores
member
Activity: 328
Merit: 10
I think this bitcoin has no effect with unemployment because this bitcoin is a digital currency and investment place, but if this bitcoin forum can help reduce unemployment because the unemployed can work on some of the gifts available in the bitcoin forum so they get a pretty large income
full member
Activity: 560
Merit: 107
For me, it depends on the people, but it thinks yes, it can lessen the unemployment rate because bitcoin or another cryptocurrency can truly become or an excellent way to earn and gain some money. Also, some people become a millionaire with the help of bitcoin. But like I said it depends on the person because sometimes people use it as a part-time job to earn and to learn about cryptocurrency like me.  Smiley
hero member
Activity: 910
Merit: 503
Many people spend their time on bitcoin to make money, they accept btc trading as their job. I think for now it is very obvious that Bitcoin helped many people to make great profits but i’m not sure if we can tell it’s reducing the unemployment rate. It’s not that simple.
legendary
Activity: 1568
Merit: 1002
it depends on how the community responds to bitcoin, if every unemployed in every country has a good enthusiasm and outlook on bitcoin then of course bitcoin will become another income for those who basically earn profits from this industry can still be done by utilizing the skills they have
full member
Activity: 476
Merit: 100
I think Bitcoin is not a magical object that would give you a profitable repository of jobs.so bitcoin can not change unemployment rate but it can be change Profit margin.People are always gentle inside trading and investing with the bitcoin.
For me it si more than magic the price rises very high with time but this time, is made some other progress which is no employment issue and providing jobs, there is are so many people I know were sad for not having any source of income but after invention of bitcoin people got new opportunities of earning money and improving their life style.
full member
Activity: 1177
Merit: 102
I accepted bitcoin as a second job and It can be said that it is my extra income source.Bitcoin has not yet been accepted in many countries because they are still marked with it.
Bitcoin is still managed as unemployment rate in these countries.i still believe them Bitcoin is a good currency and this is not a company.
sr. member
Activity: 1666
Merit: 276
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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?

What job do you mean? Does Bitcoin have companies? I don't think it could help minimize the unployment rate of a country because Bitcoin is just a currency and not a company.
Agreed, another thing it has got multiple usage access in the form of currency, tradable asset, and in various other forms. Nowhere it provides with a job, as the market of cryptocurrency is fluctuating people try to earn through the difference between time. In this way it isn't gonna lessen the unemployment prevailing around the world.
full member
Activity: 952
Merit: 104
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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?

What job do you mean? Does Bitcoin have companies? I don't think it could help minimize the unployment rate of a country because Bitcoin is just a currency and not a company.
jr. member
Activity: 462
Merit: 1
Bitcoin injects capital into world economy, a lot of jobless persons are using bitcoin trading as their major source of income, so directly or indirectly bitcoin is reducing the world unemployment rate and if it is generally accepted as an acceptable means of payment i believe more investment opportunities will arise for every one.
sr. member
Activity: 1344
Merit: 253
Bitcoin is a gift from God that can help anyone, especially those who are unemployed because they will get income from bitcoin or cryptocurrency.
especially for those who have the creativity and hard work to get it without having to have the capital and accompanied by tools that support and at least smart phones, and there are some of my friends who are unemployed or do not have jobs and their income exceeds income who has a permanent job since joining bitcoin or cryptocurrency, and because of that I am here because of them and I am very happy because besides having a permanent job, I can make bitcoin a promising additional income.
of course what really feels is the campaign program, where we can produce coins or tokens for free, by participating according to regulations. of course after getting capital, there are many ways to develop it, maybe you can open a real business, minning, or you can also trade. of course now they are no longer unemployed
sr. member
Activity: 2366
Merit: 448
SOL.BIOKRIPT.COM
Bitcoin is a gift from God that can help anyone, especially those who are unemployed because they will get income from bitcoin or cryptocurrency.
especially for those who have the creativity and hard work to get it without having to have the capital and accompanied by tools that support and at least smart phones, and there are some of my friends who are unemployed or do not have jobs and their income exceeds income who has a permanent job since joining bitcoin or cryptocurrency, and because of that I am here because of them and I am very happy because besides having a permanent job, I can make bitcoin a promising additional income.
legendary
Activity: 3108
Merit: 1290
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I personally am not sure if bitcoin can reduce unemployment, because to reduce unemployment one of them must increase employment which can receive a lot of unemployment and bitcoin is only a tool for payment or salary of workers. So, still the main thing that must be considered is the type of work or employment itself which should be improved, not about the payment system.
The absorption of the work itself is still a very small category and also the community's knowledge about bitcoin is still very small, so in my opinion there must be education about cryptocurrency first
IIRC, I read an article that some schools are including crypto on their curriculum, but still that's only few of them.
Actually educating ourselves is not that hard if we are only resourceful enough because the information that we need can be found in the internet, or even forum like this.
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