Topic: Can Bitcoin solve the worlds problem? - page 10. (Read 1833 times)
Bitcoin can't solve the world problems but it can be use to finance any projects that can help people around the world. The world need effective leaders in managing their countries and have the ability to solve any problems in their area. Conflicts, joblessness, poverty,crime, corruption and other major problems that affect a country can't be solve by using any cryptocurrency.
The World has many problems.corruption,poverty,crime.and many more. I think Bitcoin can help us to improve our problem Financially. But it's just a tool to help us.we still need to do the work in order and it's up to us if we want to solve the World's problem.
In the world lot of problems are available.different countries have different problems.only bitcoin cannot solve all problem in the world.but it helps for solve some problem like unemployment problem,proverty problem.it helps people for financial freedom.it contribute world economy.
Hello everyone!
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.
This invention of Satoshi Nakamoto incredibly stunning us, Bitcoin was known as a revolutionary invention.
Can Bitcoin solve the problem of the world?
Yes of course Bitcoin can solve the problems in the world. I think Bitcoin has been able to provide a better life for its users. If everyone in this world knows and uses Bitcoin, of course, one by one the problems that exist in every country can be solved. But unfortunately only how many percents know Bitcoin. I am sure that if Bitcoin can survive until the future, Bitcoin will surely become a technology that is relied upon by people all over the World. And can solve all the problems that exist in the World. Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.
This invention of Satoshi Nakamoto incredibly stunning us, Bitcoin was known as a revolutionary invention.
Can Bitcoin solve the problem of the world?
For me it BiTcoin is never created to solve a worlds problem we've face today... The problem exist even with or without bitcoin... If it was created to help people who in needs surely all country will support it... The problem start with us and the solution for it will also start to us... We are the one who will help o ourselves, our country to escape from the tight grip of problem... It depends to us if we want to get out of this problem or we will remain here forever.... Even Bitcoin can never help us to solve it....
In some case - can
Hello everyone!
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.
This invention of Satoshi Nakamoto incredibly stunning us, Bitcoin known as a revolutionary invention.
Can Bitcoin solve the worlds problem?
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.
This invention of Satoshi Nakamoto incredibly stunning us, Bitcoin known as a revolutionary invention.
Can Bitcoin solve the worlds problem?
Bitcoin was initially created not as a problem solver but for innovation of the system that we currently use, such as mode of payment and in investment. Therefore, bitcoin cannot be trusted to solve any world problems, unless we focus it's function for that particular matter. Still, there are many ways for it to somehow aid in world problems.
Hello everyone!
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.
This invention of Satoshi Nakamoto incredibly stunning us, Bitcoin known as a revolutionary invention.
Can Bitcoin solve the worlds problem?
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.
This invention of Satoshi Nakamoto incredibly stunning us, Bitcoin known as a revolutionary invention.
Can Bitcoin solve the worlds problem?
Well bitcoin can solve some of our world's problem like elimating the rate of poverty as well as reducing the rate of unemployment but not all issue can be solved by bitcoin because government and citizen of a country should take accountable for the responsibility of solving the problems in their community. Bitcoin will just support us financially in our some problems and will also give knowledge to us.
Hello everyone!
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.
This invention of Satoshi Nakamoto incredibly stunning us, Bitcoin known as a revolutionary invention.
Can Bitcoin solve the worlds problem?
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.
This invention of Satoshi Nakamoto incredibly stunning us, Bitcoin known as a revolutionary invention.
Can Bitcoin solve the worlds problem?
Bitcoin alone can't save the problem of the world since we all know that there are lot's of problems around the globe that the human race is facing right now. I think bitcoin can't solve it but it can contribute something to change every individual's life through it's profitable investment.
Hello everyone!
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.
This invention of Satoshi Nakamoto incredibly stunning us, Bitcoin known as a revolutionary invention.
Can Bitcoin solve the worlds problem?
Bitcoin is so popular these days and almost all of the people in urban are known what bitcoin is. But still doesn't mean that bitcoin will be the answers for all problems or the biggest problem in the world most likely the poop situation, bitcoin is cryptocurrency which allows people to make some money to it. Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.
This invention of Satoshi Nakamoto incredibly stunning us, Bitcoin known as a revolutionary invention.
Can Bitcoin solve the worlds problem?
Nope even though with bitcoin being a futuristic technology a currency can't solve any of the worlds problems because it's function is to serve as payment, investment and security to the users. The one who should be saving the world should be humans that has good sense of morality.
Money is not exactly the problem and indeed it is solution to almost all problems that a person can have in his life. All the money is in the hands of rich people and all the problems are in the lives of poor ones. They have no food, hardly any water to drink, no home to live in and education, obviously is unknown in such a world. Rich won’t help them and they can earn bitcoin by their own. But those who have knowledge and can earn bitcoin, no doubt it can prevent financial crisis.
Bitcoin is an innovation to the technology that we have today and it can help people in having more efficient and effective system but it cannot directly solve the worlds problem. Many countries are even against cryptocurrencies because they just want to prevent the people who use cryptocurrency for doing illegal transactions. Aside from this, many people are still doubtful about cryptocurrencies because of lack of regulation so unless all people and countries have consensus on recognizing crypto as a way to solve some or at least lessen the problems then we cannot reach that point for now. The problem ike poverty will be solve if all will have an agreement to help each other but it is highly unlikely.
It depends on the problem itself. There are many problems in this world. But if you specialize in the financial problems, then its probably can solve a little bit. For example, there is a case that can solve by Bitcoin and blockchain technology.
Using Bitcoin and other cryptocurrencies, there are no boundaries while we doing a transaction. We can do anytime and everywhere. That activity can't be done by the banks.
Using Bitcoin and other cryptocurrencies, there are no boundaries while we doing a transaction. We can do anytime and everywhere. That activity can't be done by the banks.
Bitcoin actually contributing more problem to the world than the benefit it giving. more global warming mining needs more energy to produce/mine bitcoin, another problem is easier way sending funds for terrorism.
I dont think so that bitcoin is the one who creates problem... The bitcoin uaer are the one who make their own problems... It is not the bitcoin itself... Bitcoin is not created to brings problem to us it depends to the user of it... But if we are talking that if it ca solve world problem... We are hoping so but we dont need to rely much here.... Bitcoin is just a product of human intelligence and i think it didn't creates to solve world problem because this problem is infinite... While we are living here it just a normal situation that we face some of it... It depends to us on how can we thrive hard to survive with this game...
You haven't indicated what sort of world issues you are discussing on because there is an excessive number of problems that are existing that the world is confronting and there is just minimum help that bitcoin can do to the world. Bitcoin isn't in charge of tackling those issues however we can ensure that it can maintain some budgetary or financial matters.
Solving worlds problem with bitcoin? I don't think it's happened, even the government connot solve their own problem. Bitcoin can only help and assist to solve financial problem with the proper use on it. It's hard to solve the world problem, even In our personal problem it's hard to solve. Bitcoin helps us to make our life easier, help to achieve our goal whatever it is. To solve the world problem, it will start in our self.
Not only governments do not solve a lot of problems, there are a significant amount of problems that are created by centralized governments, look at corruption, corruption happens because governments officials accept bribes in order to not apply the law, if we instead used smart contracts that cannot be tampered with corruption will decrease in the cases in which we can use those smart contracts.
Bitcoin is not perfect, it can't solve people's global problems.
Bitcoin can be a global currency but only theoretically possible because it can only be launched in the form of investment because its volatility is too high to be used as money.
Bitcoin can be a global currency but only theoretically possible because it can only be launched in the form of investment because its volatility is too high to be used as money.
Part of the world's problems bitcoin is able to solve, especially in the field of economics. The remaining problems will have to be solved by standard methods.
I partially agree to that because the problems are still here and the bitcoin and other cryptocurrency will help but it will not solve all of the problems that the world have because that is impossible because some of the problems that we have are coming from our own selves and not from anybody so if we want to change then change ourselves first. the problem as long as we live it will not end let alone this world problem I am sure if one problem is solved then new problem will arise, however btc is still controversy there is no same unanimous word, all countries in the world not one head still exist against btc , so I guess if the situation is still like this it seems difficult to make btc as a problem solver in this world completely
Blockchain technology and cryptocurrencies are more than just a highly volatile and speculative financial market. They represent the medium to develop innovations that are capable of addressing some of society’s most glaring inefficiencies; cutting costs, reducing delays and upholding the integrity of data in countless important areas.
Part of the world's problems bitcoin is able to solve, especially in the field of economics. The remaining problems will have to be solved by standard methods.
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