Topic: Can Bitcoin solve the worlds problem? - page 12. (Read 1804 times)

 can bitcoin alone solve the world's problems? No, it can't. It wasn't meant to. But what it can do is empower us to emancipate ourselves financially. It can free us from the financial restrictions imposed on us by controlling authorities. When we can disengage from governments’ permission-based use of money, we create a world where our socio and political status doesn't dictate our economic activity

I like it, it can help the problems actually but bitcoin cannot solve the problems all in the world. Literally, bitcoin already helping users and it is not the obligation of bitcoin to help all. But mostly we should be thankful bitcoin is existing and were glad we can use it anytime.

Maybe, but not all of the problems in the world can be resolved by bitcoin, bitcoin is also helping in many countries to develop it so it's also impossible not to worry about the problem of the world.

Maybe, But I think it can help but not all the problems in the world can be reduced to bitcoin but can be bitcoim because it helps the lives of people in the world.

Right , with out a doubt bitcoin helps a lot to me and to others also but I do not think that it helps the worlds problem. It may help us to earn money but it only for the individual but not to the world. And the world face lots of problem not only money which bitcoin cannot help it like peace or unity.

The world's problems come in many forms of which not all demand monetary affairs. Bitcoin can solve part of the world's problems and from that can have significant impact on the other aspects. Looking at the financial issues with the old centralized mode of financial transaction, one can have his transactions halted, denied or cancelled by a third party. Bitcoin offers a revolutionary decentralized system which takes that power and give it back to the people.

Not really, but it might solve the economic problems worldwide and mostly to those people who are unemployed. Bitcoin could help a lot of people in the future and can change the world because Bitcoin is slowly taking a step to become known to almost everyone. Satoshi Nakamoto just made this wonderful Bitcoin for the future of the people that doesn't like the regulations of the banking system.

Of course not. Bitcoin is just a currency which can help people in financial needs. It hasnt a power to solve the world problems. We, people are the solution for it because are all the cause of those problem that we have. Poverty may not end because of bitcoin but it can diminish it.

There is a very big problem in the world poverty. That is very impossible to solve because of a lot of factors but bitcoin can at least reduce it. The opportunity that bitcoun can provide to everyone can add up be a supplementary income for the family. Parents can now send there children too school. Education is power.

If it's world poverty I think bitcoin takes a hard time to solve this problem because around the world a lot if countries banned bitcoin so how bitcoin solve world poverty?  If we want to make it possible we should raise awareness about cryptocurrency around the world specifically bitcoin. And if it is unemployment I think yes it can also be as long as a lot of people aware with it.

That is too vague and impossible to acheive. Even governments, the world organizations cannot solve the world problem. It is too hard for bitcoin itself to carry the reponsibility and burden to do that.

Blockchain can bring order and solve a lot of problems. But only when it becomes full proof. Crypto currencies (like bitcoin) or tokens or coins are just the value of a share of that company that claim to be run on blockchain. They are highly volatile and that makes them a risky investment. Why should I spent or buy a bitcoin or any other token today if I am not sure what it's value will be tomorrow. Most tokens today will be absolate tomorrow. And many are just scams. Bitcoin is so old a software that it has no value other than pairing and minting money on crypto exchanges. Miners and investors in this field never like to hear anything against it, they defend and promote it aggressively. Inter community war among different token holders is also fierce. Any opinion against is down vote or suppressed or aggressively counters by giving flawed logic. Their money is at stake. They entered in this quite early so are at advantage and want to maintain it. New investor caught in this propaganda and falls for it has limited options. He can wait the money to flow in so his value of investment increases. This makes this whole buisness just like a Ponzi scheme. But chances of this failing are more as the coin you hold may become useless next day or even hour! because a major flaw was found in its software or a exchange was hacked or even the developers ran away(literally). So the one tech savvy guy who is glued to computer screen all the time know about it earliest,exits and saves his money but others are slaughtered. Most crypto exchanges are not under any government and so no law apply to them. Governments and banks are viewed as enemies in this crypto world. But they also bring order. Do decentralised system bring order? You don't want anonymous computer programmers, hackers, criminals, drug dealers, whales or terrorists to run the world for you. Or You?

Most crypto currencies are not decentralised, they are controlled by few individuals with no credentials other than they are computer programmers. Their sole aim is to somehow gobble money. Some crypto currencies are not even on blockchain. Some claim their coin is anonymous. But why you want to be anonymous? Most Governments are not able to understand this and thugs are having a free run. So to say bitcoins and other similar coins will solve problems is not even a valid statement. This actually is a problem right now as it's leading to lot of mining and environmental degradation. Unnecessary fees for transferring. Time consuming and limited number of transfers. Though NANO is also not decentralised yet and not full proof but it appears to heading in right direction.

What particular world problem are you mentioning? There are a lot of world problem like poverty, hunger, war, etc. bitcoin has nothing to do in solving these problems. If you think bitcoin can, then you need to work hard.

If we would go deeper to smaller cases, bitcoin can certainly help individuals un their financial struggles, but as for the whole world, who knows...

If you talking about financial I should say yes because we can see that there's a lot of people now that earn money because of bitcoin so it's big change in the world that even people are unemployed have chance to earn because of bitcoin.

It can make our life more convenient, but I don't believe in the fact that it may solve all our problems, our main problem is us and our mistakes.

Bitcoin can solve the financial problem of many people but not the problem of the world.bitcoin give income to many people in the world.

Bitcoin can solve the world's financial problem in some respect. I am sure bitcoin can't solve all kinds of problem. But it can reduce problem probably.

It really can has one of the best potentials. But it is only possible if bitcoiners will use it for a cause and willing to do it for the sake of others and the world.

True, world problems are by far diverse and is affected by many factors in which the economy itself cannot solve how much bitcoin and cryptocurrencies do. It is true that bitcoin somewhat changed the economy and given a lot of people financial freedom specially in third world countries but I think that effort is not enough to change the world's problem since it is deeper than we know.