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Topic: Bitcoin reduces unemployment - page 190. (Read 100516 times)

full member
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June 14, 2017, 08:14:29 PM
Bitcoin can only sustain a part of financial need of a person. Though it can lessen the issue when it comes to money, we can't truly say that it can lessen the number of unemployed citizens. In fact, bitcoin is a temporary source of income to sustain a need of a person but not all that he wants. Employment is still the key for the upgrowth of the society and the graft and corruption must be 100% deducted for the assurance that no one will experience poverty.
sr. member
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June 14, 2017, 06:11:12 PM
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.

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 is not something that I would use for relying on a monthly payment thing unless there was a bunch of money that is being made from it. I would like to get paid a bunch of money in Bitcoin though I would try to have a little bit of it cashed so I could purchase things that Bitcoin cannot.
hero member
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June 14, 2017, 04:26:07 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?
I am totally agree with you! Bitcoin is solving unemployment already today. On my example: I am unemploied and all money that I have is Bitcoin. Unfortunatly I can't pay with bitcoin directly here, but the price is good and for my life style those 200-300$ monthlyis enough to me.
sr. member
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June 14, 2017, 03:54:58 PM
I dont think that it reduce unemployment, a lot of people dont have money even to invest and those who dont work and live only for a bitcoin profit,also can be considered as unemployment, because they dont pay taxes and they dont work for a country Smiley
sr. member
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June 14, 2017, 03:35:20 PM
That's true. Many people who don't have a job yet, earn money with bitcoin instead.
 Even, in this rate, where bitcoin price is high, many people leave their day job to focus on bitcoin.
I don't know whether earning money with bitcoin is really a 'job' and reduces unemployment but at least, more people can make money with bitcoin, when they haven't got a job yet.
Bitcoin basically is playing a good role to reduce unemployment rate, many people are being engaged in this platform to earn daily income. Those people haven't found any job, they can be connected to this platform to earn money...so it can be said that, Bitcoin is reducing unemployment rate in this world..
People are making money but they are not considered employed. And i agree, with the current price, there are some people who are quitting their jobs to focus more on btc, which technically adds to the unemployment rate. There's a difference between earning on your own and being employed though i prefer being both.
sr. member
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June 14, 2017, 01:44:30 PM
It seems that bitcoin more effective at reducing unemployment in the sense that people are not earning or low income, than government regulation of employment.  Wink

I am one of them maybe, before hearing and know about bitcoin i am an employee in a home industry with income thats just enough to meet daily needs and difficult to saving. Now, I have quit the job and focus on bitcoin and forex trading. Bitcoin increases and gold can i buy for the provision of child education expenses.
hero member
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June 14, 2017, 10:23:46 AM
That's true. Many people who don't have a job yet, earn money with bitcoin instead.
 Even, in this rate, where bitcoin price is high, many people leave their day job to focus on bitcoin.
I don't know whether earning money with bitcoin is really a 'job' and reduces unemployment but at least, more people can make money with bitcoin, when they haven't got a job yet.
Bitcoin basically is playing a good role to reduce unemployment rate, many people are being engaged in this platform to earn daily income. Those people haven't found any job, they can be connected to this platform to earn money...so it can be said that, Bitcoin is reducing unemployment rate in this world..
hero member
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June 14, 2017, 10:06:15 AM
For small scale I agree but not large or national in scope, this is because the user is still small and not bitcoin dominates the internet payment system, need more time to proof bitcoin can reduce unemployment.

Even if Bitcoin users are small and it is able to reduce unemployment amongst a small number of them we can say it has served a purpose and so it shouldn't necessarily be on the larger scale before we can conclude that it has reduced unemployment.
I agree with you, even if it is a small group of people benefiting from bitcoin..the fact remains that it does reduce unemployment levels and it does not only benefit the unemployed as the working class do get passive income from bitcoin as well.
yes you are right bitcoin is benefiting many people by reducing their unemployment, there are a lot of people who have made bitcoin as a source of income and also it is good that not only those people who are unemployed but also those are employed are getting benefits from bitcoin, so i think bitcoin is benefiting a lot of people as means of income.
hero member
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June 14, 2017, 09:45:11 AM
Bitcoin has surely reduced unemployment in poor and third world countries where people really struggle to find a normal job and bitcoin has helped them to earn good money which can exceed then their income from full time job.

It's true that bitcoin helped reduce unemployment and I'm one of those people that helped by bitcoin when I don't have my daily job. I used to earn good amount with trading. But right now that I do have my office job but still it is a good help for me as it is giving me a good part time job that is helping me in many ways.
you are right bitcoin help to reduce unemployment, in the past I was also same is you jobless I have no money then many friends suggest me to join the Bitcoin and earn money when I join the bitcoin and now I am able to making good money from Bitcoin so now I do not feel that I need to do any job because i get a lot of money through Bitcoin trading so its prove that bitcoin reduce the unemployment in the world .
sr. member
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June 14, 2017, 07:57:13 AM
With the presence of bitcoin I think this is an alternative to earn money so many people who find it difficult to get their jobs focus on bitcoin so that their needs can be met, I think bitcoin is so useful that unemployed people can earn money through the internet by the way they look for bitcoin whatever the way they do to get bitcoin so bitcoin can be an alternative way for someone who fills their leisure activities that have not got a job but can Make money with bitcoin.
sr. member
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June 14, 2017, 05:28:26 AM
An awful lot of benefit and advantage of the bitcoin transactions be cheaper, safer and faster, and then people purchase mining machine to mining and then employs another person so as to reduce unemployment.
legendary
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June 14, 2017, 04:43:21 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
legendary
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June 13, 2017, 03:20:23 PM
I disagree that only mining and trading should be mentioned in that regard. Jobs you've mentioned, although they existed before Bitcoin was introduced, became accessible to many people because of Bitcoin. It was almost impossible to get paid $30 for a small job you do for someone living in the other part of the world before people start using BTC.

That is the whole damn point I'm trying to make and you people have no real interest in understanding.

I need a new logo for my website for example.
And two years ago I could pay only via paypal. Now I can pay via btc and I give the job to the guy you mentioned.

Is this job creation?No.
Because be it bitcoin or paypal I would have still employed somebody to do it.
90% of the jobs you mention are jobs that have shifted from other people. Not jobs created out of nothing.

You're getting paid btc while selling phones. Is that jobs creation? For you.
But overall people stop buying from one place and buy from your store. It's a zero sum game.



That's an interesting point. So if I'm sitting without job, say in Philippines, can do something for someone in the USA only because they can pay me in BTC, Bitcoin is not creating the job because, using your logic, someone else could do it in the USA and for fiat?

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.
legendary
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English ⬄ Russian Translation Services
June 13, 2017, 11:16:19 AM
For small scale I agree but not large or national in scope, this is because the user is still small and not bitcoin dominates the internet payment system, need more time to proof bitcoin can reduce unemployment.

Even if Bitcoin users are small and it is able to reduce unemployment amongst a small number of them we can say it has served a purpose and so it shouldn't necessarily be on the larger scale before we can conclude that it has reduced unemployment.
I agree with you, even if it is a small group of people benefiting from bitcoin..the fact remains that it does reduce unemployment levels and it does not only benefit the unemployed as the working class do get passive income from bitcoin as well.

Well if you talk about unemployment, you talk about people who doesn't have a regular job and are not paying taxes. Btc won't be able to reduce this though it certainly can make people earn money. You can be unemployed yet earning a lot though btc through several ways

This is no more than your assumption

It is you who is talking that, not someone else whom you explicitly refer to. For a person to be officially considered unemployed, he should not have a regular job and at the same time he should be actively searching for a new job. If he is not, then he is not considered as unemployed, as simple as it gets. Further, you may be employed and still not pay any taxes (for a host of reasons), so this is not a criterion either. If we talk unofficially here, then as long as you get paid for some job done, you are no longer unemployed, basically because you are busy (employed) doing something for which you receive remuneration
sr. member
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June 13, 2017, 11:08:21 AM
That's true. Many people who don't have a job yet, earn money with bitcoin instead.
 Even, in this rate, where bitcoin price is high, many people leave their day job to focus on bitcoin.
I don't know whether earning money with bitcoin is really a 'job' and reduces unemployment but at least, more people can make money with bitcoin, when they haven't got a job yet.
sr. member
Activity: 1316
Merit: 356
June 13, 2017, 10:37:24 AM
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?
Exactly bitcoin reduces unemployed people because bitcoin is a job that easy to understand and learn even you are only a highschool graduate. Bitcoin don't need your way of saying the important is you know how to read and know how to english even you're not really fluent on it because if you put bitcoin as a job, you skills is doesn't needed on it but if you're a Information Technology in this kind of work your skill is match onto it so for me bitcoin is best way to help unemployed people to make them up and also the economy.
hero member
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June 13, 2017, 10:05:49 AM
For small scale I agree but not large or national in scope, this is because the user is still small and not bitcoin dominates the internet payment system, need more time to proof bitcoin can reduce unemployment.

Even if Bitcoin users are small and it is able to reduce unemployment amongst a small number of them we can say it has served a purpose and so it shouldn't necessarily be on the larger scale before we can conclude that it has reduced unemployment.
I agree with you, even if it is a small group of people benefiting from bitcoin..the fact remains that it does reduce unemployment levels and it does not only benefit the unemployed as the working class do get passive income from bitcoin as well.

Well if you talk about unemployment, you talk about people who doesn't have a regular job and are not paying taxes. Btc won't be able to reduce this though it certainly can make people earn money. You can be unemployed yet earning a lot though btc through several ways.
legendary
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Dump it!!!
June 13, 2017, 09:50:04 AM
For small scale I agree but not large or national in scope, this is because the user is still small and not bitcoin dominates the internet payment system, need more time to proof bitcoin can reduce unemployment.

Even if Bitcoin users are small and it is able to reduce unemployment amongst a small number of them we can say it has served a purpose and so it shouldn't necessarily be on the larger scale before we can conclude that it has reduced unemployment.
I agree with you, even if it is a small group of people benefiting from bitcoin..the fact remains that it does reduce unemployment levels and it does not only benefit the unemployed as the working class do get passive income from bitcoin as well.
sr. member
Activity: 602
Merit: 250
June 13, 2017, 09:40:51 AM
For small scale I agree but not large or national in scope, this is because the user is still small and not bitcoin dominates the internet payment system, need more time to proof bitcoin can reduce unemployment.
As it is the initial stage of Bitcoin that is why you are seeing like that but when you would see that in the future Bitcoin with become a more famous than more and more people will get their jobs there by using Bitcoin. As it is sure that Bitcoin is a better currency for online business and now we can see that each and every business is trying to become a digital business and so each and every person will also go to internet to find his job so in the future we are sure that bitcoin will reduce unemployed in all over the world.
sr. member
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June 13, 2017, 09:28:13 AM
Bitcoin reduces unemployment yes based on the bitcoin's value right many of the people know about bitcoin and after they know it they curious about it then study about bitcoin after they study it they will work to earn bitcoins in that way the unemployment reduces.

Technically speaking,  they are still unemployed because it is in the social status. Unemployed means not engaged in gainful occupation.
Yes it is somehow reduces the unemployed by creating a source of income. Surviving in everyday life. Have an extra income.
Maybe that's life is all about. Surviving. Hardwork and knowledge are the keys to have this.
Sometimes its okay to do freelancing. Even though your unemployed but they pay you decently. That's okay.
No boss. No traffic. No pressure.
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