Topic: Bitcoin reduces unemployment - page 187. (Read 100516 times)

Quote from: deisik on June 18, 2017, 06:08:56 AM

It seems effect bitcoin on unemployment reduction is insignificant, making it less visible globally positive impact. But certainly with bitcoin, is a new business opportunity (for people who see potential of bitcoin). I'm sure, most of the ones that wrestle on bitcoin today are people who have worked or already have an income.

It did really gave a big effect to those people specially those unemployed once. And it's not just for business opportunity but it is a real career where everyone strives to get and earn their very own coins. They more likely to study on how to trade alt coins instead of being rejected with the interview from the past foods restaurants.

prass tyo

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Quote from: Betwrong on June 18, 2017, 05:35:52 AM

Quote from: Betwrong on June 18, 2017, 05:35:52 AM

And how does it help reduce unemployment?

You may in fact not care but the American citizens certainly do (since otherwise they wouldn't have chosen Trump as the US president in the first place). Further, if we are talking about the US specifically (which is what you mentioned yourself in your example), I'm afraid it is nowhere near "you can get a good welfare and still live". Unemployment benefits and social welfare are for pussies and Europeans, dying destitute under the bridge is the American way!

~img

There's no such thing as a free lunch either

I've never been to America but from what I hear about the USA lately I think you are right. I was wrong in choosing America as an example, it's more like the things I described, a good welfare and decent living without having a job, happen in developed countries of Europe, UAE, Qatar, Kuwait and such. But still, although I'm very sorry for the unemployed people of America, I think outsourcing should never be called a problem in the free market and that the government shouldn't regulate this

This is impossible by definition

The very concept of government goes against free market. Basically, government can force their stance where they don't agree with free market. So it is not really a question which lies in the scope of free market as such since government is effectively beyond the idea of free market. In other words, it may not be a problem in free market but it certainly is at the government (country) level, so they deal with it as they see appropriate

Is not it now being promoted about the free market, between certain countries
So now should bitcoin already be able to enter the free market, but unfortunately bitcoin still not many countries who want to acknowledge / adopt it

deisik

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And how does it help reduce unemployment?

You may in fact not care but the American citizens certainly do (since otherwise they wouldn't have chosen Trump as the US president in the first place). Further, if we are talking about the US specifically (which is what you mentioned yourself in your example), I'm afraid it is nowhere near "you can get a good welfare and still live". Unemployment benefits and social welfare are for pussies and Europeans, dying destitute under the bridge is the American way!

~img

There's no such thing as a free lunch either

I've never been to America but from what I hear about the USA lately I think you are right. I was wrong in choosing America as an example, it's more like the things I described, a good welfare and decent living without having a job, happen in developed countries of Europe, UAE, Qatar, Kuwait and such. But still, although I'm very sorry for the unemployed people of America, I think outsourcing should never be called a problem in the free market and that the government shouldn't regulate this

This is impossible by definition

The very concept of government goes against free market. Basically, government can force their stance where they don't agree with free market. So it is not really a question which lies in the scope of free market as such since government is effectively beyond the idea of free market. In other words, outsourcing may not be a problem in free market but it certainly is at the government (country) level, so they deal with it as they see appropriate

Betwrong

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Quote from: Betwrong on June 17, 2017, 06:22:10 AM

Quote from: bit1 on June 18, 2017, 04:33:23 AM

However, in my opinion it does indirectly contribute the creation of more jobs on a global scale, offers a lot more opportunities for those in countries where labour is cheap, and let them have access to jobs that would otherwise be paid with fiat and currency conversion fees would add up to take away everything they earn. All the while they are treated as anyone else in the world, no discrimination, same pay rates, etc

This is a tricky point

In fact, what you describe is not job creation at all, it is more about outsourcing already existing jobs. So while Bitcoin can greatly help people living in many underdeveloped countries (so-called "third world"), it still reduces jobs domestically via its global nature (with Bitcoin you have no issues with payment and can stay away from PayPal altogether). This doesn't of course mean that Bitcoin can't create jobs, it is just your description of it which doesn't fit quite well into this category (i.e. job creation)

I think what Bitcoin does for more economically developed countries, like USA for example, is not necessarily reduction of jobs. If an employer from the USA wants a high quality logo created for him and he's willing to pay for that $30, probably no one in the USA who is capable of doing it wants that job. So in this case Bitcoin doesn't reduce jobs domestically. And if we take a closer look at what kind of jobs and with what payment Bitcoin is creating we'll see that most of them are similar to the one described

This doesn't work as you think it would

In fact, this is a serious issue which is obviously not limited to Bitcoin only. In your example, the employer would have to use local designers and pay the price they asked if he couldn't pay for the same job half as much to someone in the third world country. That's the whole problem with outsourcing, and it is not just my opinion that it destroys local jobs. Donald Trump made it his favorite topic in his presidential campaign (namely, that China steals American jobs). And he is right, at least, to a certain degree

In which country unemployment is more critical: in a country where you can get a good welfare and still live or in a country where you'll die from hunger being unemployed? So personally I don't care if people from poor countries “steal” jobs from the local citizens of rich countries. This is called competition and it's a normal thing. Preventing competition in the market-economy countries may lead to wars.

And how does it help reduce unemployment?

You may in fact not care but the American citizens certainly do (since otherwise they wouldn't have chosen Trump as the US president in the first place). Further, if we are talking about the US specifically (which is what you mentioned yourself in your example), I'm afraid it is nowhere near "you can get a good welfare and still live". Unemployment benefits and social welfare are for pussies and Europeans, dying destitute under the bridge is the American way!

~img

There's no such thing as a free lunch either

I've never been to America but from what I hear about the USA lately I think you are right. I was wrong in choosing America as an example, it's more like the things I described, a good welfare and decent living without having a job, happen in developed countries of Europe, UAE, Qatar, Kuwait and such. But still, although I'm very sorry for the unemployed people of America, I think outsourcing should never be called a problem in the free market and that the government shouldn't regulate this.

just_Alice

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Quote from: killed on June 18, 2017, 03:06:31 AM

Maybe you are right bitcoin can reduce unemployment because I think looking for work in today is not easy, especially those who do not have high graduates, those who have graduate degree also sometimes difficult to get a job, so I think there is no harm if an unemployed person knows bitcoin and start looking for bitcoin so they can make ends meet with bitcoin income.

I certainly do not know, perhaps some people leave their jobs hoping for better income, so a person moves from one job to another, others may actually derive benefits that would otherwise not be possible, maybe it's still a very early stage of any kind of change but it could certainly bring opportunities for some.

I agree with you, it is a very early stage indeed. Most people who really need jobs have no idea what bticoin is and, what is more important, how can they benefit from it. So, in my opinion, it would be right to say that bitcoin has the ability to reduce unemployment in the future.

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Quote from: killed on June 18, 2017, 03:06:31 AM

Maybe you are right bitcoin can reduce unemployment because I think looking for work in today is not easy, especially those who do not have high graduates, those who have graduate degree also sometimes difficult to get a job, so I think there is no harm if an unemployed person knows bitcoin and start looking for bitcoin so they can make ends meet with bitcoin income.

I certainly do not know, perhaps some people leave their jobs hoping for better income, so a person moves from one job to another, others may actually derive benefits that would otherwise not be possible, maybe it's still a very early stage of any kind of change but it could certainly bring opportunities for some.

gabbie2010

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Technological advancement make it easier to earn bitcoin online by reducing unemployment, with recent trend on hiring services online has created vast opportunities to acquire skills such as programming, graphic designs e.t.c with those skills one can be gainfully employed deploying all those services and paid with bitcoin. Internet had created opportunities to learn all those services online, personally I have started learning one this programming languages so as be self-employed in the future.

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Quote from: RENATA612 on May 27, 2017, 05:14:50 PM

I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world

What is your opinion this time?

Many people are already working for bitcoins; activities related to bitcoins have really created many jobs. Many people are working and considering the bitcoins related jobs as second income. So its good to earn some extra money with the help of bitcoins.

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Quote from: Creepings on June 18, 2017, 02:50:06 AM

It seems effect bitcoin on unemployment reduction is insignificant, making it less visible globally positive impact. But certainly with bitcoin, is a new business opportunity (for people who see potential of bitcoin). I'm sure, most of the ones that wrestle on bitcoin today are people who have worked or already have an income.

That is right, the people with profit and money wil have the upper hand but that doesn't mean that the one's with no capital to start with will just let themselves be like that. They will be pushing themselves to earn more and strice with the ones that has income at the first place. In terms of bitcoin, I can't see any unequal standings.

There is no unequal stands, but with the one who makes a better profiting is the people who already hold a big sum of money. More the investment we make more will be the profiting. In terms of reducing unemployment the scenario is different that it provides an additional earning not an sustained salary.

killed

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Maybe you are right bitcoin can reduce unemployment because I think looking for work in today is not easy, especially those who do not have high graduates, those who have graduate degree also sometimes difficult to get a job, so I think there is no harm if an unemployed person knows bitcoin and start looking for bitcoin so they can make ends meet with bitcoin income.

Harlot

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It seems effect bitcoin on unemployment reduction is insignificant, making it less visible globally positive impact. But certainly with bitcoin, is a new business opportunity (for people who see potential of bitcoin). I'm sure, most of the ones that wrestle on bitcoin today are people who have worked or already have an income.

If you are earning Bitcoin online it does not simply mean that you are an employed person it simply means that you are self-employed. I think this is a wrong question to start of because I don't know any businesses that are paying their salaries with Bitcoin, and I don't think they are willing to accept if there is such thing. Don't get me wrong but Bitcoin is still a volatile currency and I don't think employees will risk the chance of having a lower valued pay regularly.

Creepings

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It seems effect bitcoin on unemployment reduction is insignificant, making it less visible globally positive impact. But certainly with bitcoin, is a new business opportunity (for people who see potential of bitcoin). I'm sure, most of the ones that wrestle on bitcoin today are people who have worked or already have an income.

That is right, the people with profit and money wil have the upper hand but that doesn't mean that the one's with no capital to start with will just let themselves be like that. They will be pushing themselves to earn more and strice with the ones that has income at the first place. In terms of bitcoin, I can't see any unequal standings.

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Trphy.io

It seems effect bitcoin on unemployment reduction is insignificant, making it less visible globally positive impact. But certainly with bitcoin, is a new business opportunity (for people who see potential of bitcoin). I'm sure, most of the ones that wrestle on bitcoin today are people who have worked or already have an income.

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Quote from: Betwrong on June 17, 2017, 06:22:10 AM

Quote from: Betwrong on June 17, 2017, 06:22:10 AM

However, in my opinion it does indirectly contribute the creation of more jobs on a global scale, offers a lot more opportunities for those in countries where labour is cheap, and let them have access to jobs that would otherwise be paid with fiat and currency conversion fees would add up to take away everything they earn. All the while they are treated as anyone else in the world, no discrimination, same pay rates, etc

This is a tricky point

In fact, what you describe is not job creation at all, it is more about outsourcing already existing jobs. So while Bitcoin can greatly help people living in many underdeveloped countries (so-called "third world"), it still reduces jobs domestically via its global nature (with Bitcoin you have no issues with payment and can stay away from PayPal altogether). This doesn't of course mean that Bitcoin can't create jobs, it is just your description of it which doesn't fit quite well into this category (i.e. job creation)

I think what Bitcoin does for more economically developed countries, like USA for example, is not necessarily reduction of jobs. If an employer from the USA wants a high quality logo created for him and he's willing to pay for that $30, probably no one in the USA who is capable of doing it wants that job. So in this case Bitcoin doesn't reduce jobs domestically. And if we take a closer look at what kind of jobs and with what payment Bitcoin is creating we'll see that most of them are similar to the one described

This doesn't work as you think it would

In fact, this is a serious issue which is obviously not limited to Bitcoin only. In your example, the employer would have to use local designers and pay the price they asked if he couldn't pay for the same job half as much to someone in the third world country. That's the whole problem with outsourcing, and it is not just my opinion that it destroys local jobs. Donald Trump made it his favorite topic in his presidential campaign (namely, that China steals American jobs). And he is right, at least, to a certain degree

In which country unemployment is more critical: in a country where you can get a good welfare and still live or in a country where you'll die from hunger being unemployed? So personally I don't care if people from poor countries “steal” jobs from the local citizens of rich countries. This is called competition and it's a normal thing. Preventing competition in the market-economy countries may lead to wars.

And how does it help reduce unemployment?

You may in fact not care but the American citizens certainly do (since otherwise they wouldn't have chosen Trump as the US president in the first place). Further, if we are talking about the US specifically (which is what you mentioned yourself in your example), I'm afraid it is nowhere near "you can get a good welfare and still live". Unemployment benefits and social welfare are for pussies and Europeans, dying destitute under the bridge is the American way!

There's no such thing as a free lunch either

Free lunch really does not happen, even cheese in a mousetrap has a price. Bitcoin will never affect unemployment, because even a person who participates in the business of crypto currency, still in the state will be listed as unemployed. Because financial transactions with the crypto currency in some countries are illegal.

deisik

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Quote from: chineseprancing on June 17, 2017, 10:06:00 AM

However, in my opinion it does indirectly contribute the creation of more jobs on a global scale, offers a lot more opportunities for those in countries where labour is cheap, and let them have access to jobs that would otherwise be paid with fiat and currency conversion fees would add up to take away everything they earn. All the while they are treated as anyone else in the world, no discrimination, same pay rates, etc

This is a tricky point

In fact, what you describe is not job creation at all, it is more about outsourcing already existing jobs. So while Bitcoin can greatly help people living in many underdeveloped countries (so-called "third world"), it still reduces jobs domestically via its global nature (with Bitcoin you have no issues with payment and can stay away from PayPal altogether). This doesn't of course mean that Bitcoin can't create jobs, it is just your description of it which doesn't fit quite well into this category (i.e. job creation)

I think what Bitcoin does for more economically developed countries, like USA for example, is not necessarily reduction of jobs. If an employer from the USA wants a high quality logo created for him and he's willing to pay for that $30, probably no one in the USA who is capable of doing it wants that job. So in this case Bitcoin doesn't reduce jobs domestically. And if we take a closer look at what kind of jobs and with what payment Bitcoin is creating we'll see that most of them are similar to the one described

This doesn't work as you think it would

In fact, this is a serious issue which is obviously not limited to Bitcoin only. In your example, the employer would have to use local designers and pay the price they asked if he couldn't pay for the same job half as much to someone in the third world country. That's the whole problem with outsourcing, and it is not just my opinion that it destroys local jobs. Donald Trump made it his favorite topic in his presidential campaign (namely, that China steals American jobs). And he is right, at least, to a certain degree

In which country unemployment is more critical: in a country where you can get a good welfare and still live or in a country where you'll die from hunger being unemployed? So personally I don't care if people from poor countries “steal” jobs from the local citizens of rich countries. This is called competition and it's a normal thing. Preventing competition in the market-economy countries may lead to wars.

And how does it help reduce unemployment?

You may in fact not care but the American citizens certainly do (since otherwise they wouldn't have chosen Trump as the US president in the first place). Further, if we are talking about the US specifically (which is what you mentioned yourself in your example), I'm afraid it is nowhere near "you can get a good welfare and still live". Unemployment benefits and social welfare are for pussies and Europeans, dying destitute under the bridge is the American way!

There's no such thing as a free lunch either

Xester

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Of course yes, bitcoin were reduce unemployed people in the world because most of the people wants to have a job to support their needed in life thru the help of internet most of the people were searching job thru different sites and I think bitcoin is one of the job that gives opportunity to others life.

And quite impressive what technologies can do right now. Having an access through computers having an internet connection really gives everyone a chance to have an income. Aside from earning bitcoins there are a lot of opportunities in the internet. Even receipts coupd give you cash.

chineseprancing

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Of course yes, bitcoin were reduce unemployed people in the world because most of the people wants to have a job to support their needed in life thru the help of internet most of the people were searching job thru different sites and I think bitcoin is one of the job that gives opportunity to others life.

Betwrong

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