Author

Topic: Bitcoin reduces unemployment - page 189. (Read 100519 times)

hero member
Activity: 850
Merit: 504
June 16, 2017, 12:06:42 AM
Somehow yes, because there are many people opted to work from home  especially in web and graphics design. They preferred payment in bitcoin  on project bases. Also, bitcoin created another opportunity and avenue which change employment as we think it.
sr. member
Activity: 644
Merit: 252
June 15, 2017, 11:55:03 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?

Yes Bitcoin reduces unemployment. Because if a person stays on his house but he/she do bitcoin I can say he/she is working. That is my case now. I cannot apply to any jobs out their because I am still studying and besides it is difficult to study when you  are in your work. You have to follow the time wanted by your employer. But in bitcoin I am working handling my own time. I can study first and in my free time I can do bitcoin.
It is a job for me, but a different kind of job compare to jobs I've known and compare to jobs my parent taught me.
sr. member
Activity: 1162
Merit: 258
1xbit.com
June 15, 2017, 11:28:38 PM
Can be said is true and also wrong, earning bitcoin can be free anytime and anywhere so in the eyes of people who don't really know about bitcoin you is unemployed, but you have income from earing bitcoin so you can say you are not unemployed.
sr. member
Activity: 616
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
June 15, 2017, 11:12:22 PM
Bitcoin will not significantly reduce unemployment, because bitcoin does not make many people work, there are profits, but not many people profit, many lose, and they have to have good skills to gain profit, eg in trading, you should be able to Guess whether the price will go up or down
If someone forgets that they asked for payments in Bitcoin and the price of Bitcoin goes down to zero and they begin to argue with their employer that they didn’t pay them when the transaction is shown to them via Blockchain then they are likely to just quit working for that employer too because that person pretty much worked for free.
newbie
Activity: 52
Merit: 0
June 15, 2017, 11:05:33 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?

Bitcoins aide temporarily some unemployed person but don't be so hook to it and be dependable since we doesn't know on when bitcoin could last so we should need to find decent job so that it can cather our need if bitcoins will fall or maybe try to build a little business where it can be your 2nd option so that we have another choices if things go bad in bitcoins.
Bitcoin can serve as a partial way to have a source of income for a living. Because before on getting to used to bitcoin one should give time and effort to educate themselves to know more about bitcoin. In reality there is now shortcut on earning money or even bitcoin. It takes time and knowledge about bitcoin in order to have a stable investment or trading. So for me bitcoin can serve as a chance for those people who seek for a way of living or way to earn bitcoin.
hero member
Activity: 826
Merit: 502
June 15, 2017, 06:05:17 PM
Yes bitcoin can reduce unemployment but create virtual criminals
I do not think that bitcoin will create virtual criminals because bitcoin is a currency which is giving profit to almost all of its users and if everyone will get the benefit then why will they start the crimes. keep in mind that the crimes start in a society only if the people do not find the benefits of themselves.
newbie
Activity: 25
Merit: 0
June 15, 2017, 05:47:28 PM
Bitcoin will not significantly reduce unemployment, because bitcoin does not make many people work, there are profits, but not many people profit, many lose, and they have to have good skills to gain profit, eg in trading, you should be able to Guess whether the price will go up or down
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
June 15, 2017, 05:46:31 PM
The thing is bitcoin is helping a lot people to get an extra source of income, there are a lot projects already supporting bitcoin, gamble is where the big money is, but you can provide any service you provided with fiat with bitcoins. Crypto has changed a lot lifes special to third world countries.
Honestly I agreed with you about cryptocurrencies changing lives in third world countries, earning bitcoin online via different means has been an additional source of income for instance in countries where monthly salary is less than $100, bitcoin earned in signature campaigns alone is enough to cater for other needs and financial support which will reduce unemployment
hero member
Activity: 868
Merit: 500
June 15, 2017, 05:31:01 PM
The thing is bitcoin is helping a lot people to get an extra source of income, there are a lot projects already supporting bitcoin, gamble is where the big money is, but you can provide any service you provided with fiat with bitcoins. Crypto has changed a lot lifes special to third world countries.
hero member
Activity: 588
Merit: 500
June 15, 2017, 05:08:51 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?
Cannot agree with many that simply bitcoin will reduce unemployment as many other factors contribute to it.
There has to be policies on part of the government and also of the corporate to generate employment opportunities. Bitcoin is just a currency and it cannot increase employment alone.
yes that can be right, but i think it can provide opportunity to the people on temporary bases to earn money. although bitcoin is not a permanent source of earning bitcoin, but still in current time it is really a good source of making money. i think i wise person will earn money from there and will try to invest it in a stable business from where he can get a good profit on regular bases.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
June 15, 2017, 02:49:45 PM
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)
hero member
Activity: 1120
Merit: 507
June 15, 2017, 01:53:58 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?
Cannot agree with many that simply bitcoin will reduce unemployment as many other factors contribute to it.
There has to be policies on part of the government and also of the corporate to generate employment opportunities. Bitcoin is just a currency and it cannot increase employment alone.
sr. member
Activity: 420
Merit: 255
June 15, 2017, 06:26:03 AM
Okay, i think the main points people are ignoring here is that bitcoin DOES NOT reduce unemployment by itself.

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 the sort of positivity that bitcoin brings. Basically helps closing the gap between rich countries and poor countries as it is a global currency itself, and can be converted to any fiat currency at a click. It does not directly create more jobs, but it helps employers and potential employees connect ot each other across the globe.
It is too premature to talk about what bitcoin contributes to the creation of jobs. I think that the majority of people which earn online bitcoins will not be able to live on this money. Bitcoin can only be used as additional income. This will not affect the number of jobs.
hero member
Activity: 1666
Merit: 753
June 15, 2017, 05:32:57 AM
Okay, i think the main points people are ignoring here is that bitcoin DOES NOT reduce unemployment by itself.

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 the sort of positivity that bitcoin brings. Basically helps closing the gap between rich countries and poor countries as it is a global currency itself, and can be converted to any fiat currency at a click. It does not directly create more jobs, but it helps employers and potential employees connect ot each other across the globe.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
June 15, 2017, 05:20:41 AM
I understand what you are trying to say, but I disagree with you. And I will try to clarify what I said before: many jobs became accessible to many people around the world because of Bitcoin. And that's what's called job creation.

I would like to add a little to this view (which I generally support)

It is not so much because of Bitcoin itself but the community of people that Bitcoin allowed to create or build. After all, before Bitcoin you could still pay people using PayPal (as has already been mentioned). But did PayPal manage to create something like what we see with Bitcoin? Obviously, not. Basically, Bitcoin has brought people together and very different people at that, with different interests, skills and knowledge. And since Bitcoin is still a payment system and money in its own right, it is no surprise that it created its own small economy with folks looking to hire and folks looking to be hired. Something which PayPal couldn't and wouldn't do. I think it pretty well sums it up

Yes, it does, thank you very much for your support. English is not my first language, so I needed that.

I just want to add that, believe me or not, not me nor any of my friends are using PayPal. I just created account today to see how it works and I already don't like what I see. For example to send money to a credit card you have to pay 3.4% + $0.30 USD in fees. Thus if I want to send $200 to someone in another country I have to pay $6.80 + $0.30 = $7.10 USD which is three times greater than that what I have to pay for the fastest transaction(less than 30 minutes) of the same amount in BTC right now.
full member
Activity: 200
Merit: 100
SWISSBORG- THE NEW ERA OF CRYPTO WEALTH MANAGEMENT
June 15, 2017, 03:11:07 AM
Yes it is reducing unemployment rate all you have to do is effort and use your knowledge about bitcoin. Its very helpful all you need is internet connection and laptop or phone, plus you dont have to go somewhere else, you can earn even your at home!
full member
Activity: 165
Merit: 100
June 15, 2017, 02:21:22 AM
Bitcoin is an alternative way of making extra money for those who are already working and also unemployed unemployed.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
June 14, 2017, 09:56:58 PM
Maybe but not that. A lot of people don't have money or to invest in bitcoin. The other people is not like the one who can buy or pay there bills for a month. For me bitcoin is an extra income that can help me in terms of Emergency bills that should pay on that time. It's a work also because you became competitive in many ways
Bitcoin is better used for extra income, but for some cases with unemployed people, bitcoin is the main income and bitcoin also makes unemployed people do not commit crime because depression is unemployed, because of bitcoin an unemployed will still can have money. Bitcoin is a positive thing in every way.
full member
Activity: 477
Merit: 100
June 14, 2017, 09:27:41 PM
Maybe but not that. A lot of people don't have money or to invest in bitcoin. The other people is not like the one who can buy or pay there bills for a month. For me bitcoin is an extra income that can help me in terms of Emergency bills that should pay on that time. It's a work also because you became competitive in many ways
But people can earn bitcoin little by little. There a lot of faucet and signature campaigns that will pay them with bitcoin or altcoin.  When the capital is enaugh they can try to trade with it.
hero member
Activity: 910
Merit: 550
June 14, 2017, 08:37:37 PM
Maybe but not that. A lot of people don't have money or to invest in bitcoin. The other people is not like the one who can buy or pay there bills for a month. For me bitcoin is an extra income that can help me in terms of Emergency bills that should pay on that time. It's a work also because you became competitive in many ways
Jump to: