Can Bitcoin solve the worlds problem? - page 19.

andriarto

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Quote from: Ekimzjames20 on April 11, 2018, 12:20:31 AM

Quote from: abayan on April 11, 2018, 12:11:33 AM

Bitcoin is a response to the emerging need of high technology investment in blockchain. I don't directly take this as solution to wolrd problem because the world faces so many problems that bitcoin is incapable to solve. What I see with bitcoin is that is is somehow a way to at least lessen the world problems in terms of its economic problem.

I think no, because solving the world problem is a big process. And it depend to the leader of the government. The solution should start at our government. But bitcoin is a big help to our world problem in terms of funds.

i think with bitcoin can improve the welfare for its members, so as to reduce poverty in the world, but to solve the world problem i think can not, because the problem of the world is a complex problem

Ekimzjames20

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Quote from: abayan on April 11, 2018, 12:11:33 AM

Bitcoin is a response to the emerging need of high technology investment in blockchain. I don't directly take this as solution to wolrd problem because the world faces so many problems that bitcoin is incapable to solve. What I see with bitcoin is that is is somehow a way to at least lessen the world problems in terms of its economic problem.

I think no, because solving the world problem is a big process. And it depend to the leader of the government. The solution should start at our government. But bitcoin is a big help to our world problem in terms of funds.

Fantina

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bitcoin may become the new equivalent of savings such as gold , but it would need to be recognized by world banks at the legislative level

abayan

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Bitcoin is a response to the emerging need of high technology investment in blockchain. I don't directly take this as solution to wolrd problem because the world faces so many problems that bitcoin is incapable to solve. What I see with bitcoin is that is is somehow a way to at least lessen the world problems in terms of its economic problem.

noriksiayol

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We all know that bitcoin really helps on our economy, but it doesn't mean that our world problem would disappear because of bitcoin. Bitcoin is helping only in terms of financial problem globally, because bitcoin has a big value when converted into real paper money.

mridulhasan

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Quote from: Arlette Foxsparkle on April 10, 2018, 10:06:46 AM

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?

No, Bitcoin can not solve all the problems in the world. Because there can be many different problems in the world. But Bitcoin can help the world economically and develop economically in the country. It can reduce the poverty or unemployment in a country. I think Bitcoin can solve the problem of money in the world.

fauzan Ichsan

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Quote from: Bitcoincole on April 10, 2018, 09:45:11 PM

Indeed, bitcoin can not solve world's problems in a country, but it can only help the people who engaged in cryptocurrency as part of financial stability of users by doing trading and bounty campaign program. As i think that is only we can define the by cryptocurrency as part of the worlds problem.

it is true, bitcoin will only solve problems of the user's economy, whereas btc users are only a fraction of the total world population. although it can help economy of the country i think is not significant for now

ufaiz50

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Quote from: Arlette Foxsparkle on April 10, 2018, 10:06:46 AM

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?

Actually it can be if we look at the positive side of bitcoin and can add problems to the world if viewed from the negative side, I'm sure users already understand about the positive side of bitcoin as submitted but in my view if viewed from the negative side may be according to the state government also that bitcoin can be misused easily, bitcoin can also threaten FIAT, so it depends from the perspective of insiders looking at bitcoin.

Bitcoincole

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Indeed, bitcoin can not solve world's problems in a country, but it can only help the people who engaged in cryptocurrency as part of financial stability of users by doing trading and bounty campaign program. As i think that is only we can define the by cryptocurrency as part of the worlds problem.

jaocoincrypto18

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Quote from: Arlette Foxsparkle on April 10, 2018, 10:06:46 AM

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?

I think Bitcoin cannot totally solve the major problems in the world but it can reduce it like the poverty and unemployment in which for sure if the unemployment will reduce it will make the purchasing power of the people to increase making the economy to become more strong and reducing poverty. Reducing the problem is already a great help in which it is better than nothing.

Linda toraja

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IMPROVING HEALTHCARE, REDUCING COST, SAVING LIVES!

bitcoin is capable of breaking centralization where absolute advantage can only be enjoyed by a handful of individuals including government and bankers in it, and bitcoin is also able to pass transparent transactions and does not cost much, although the impression is still slow, but blockchain will always develop the rate of transactions to be able to be used legally.

Arlette Foxsparkle

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Quote from: BrewMaster on April 10, 2018, 12:15:52 PM

you only made your question unreasonable wrong by first copying two paragraphs from https://en.wikipedia.org/wiki/Bitcoin and pasting them here!

your question is only the last line and it is vague at best. the world has a lot of problems, what do you have in mind that you want bitcoin solving?
bitcoin may or may not be able to solve it. for example is it the charge back scam that the merchants suffer worldwide? then yes bitcoin is solving that!
is it world hunger? then no bitcoin is not solving that!

Yes sir it is true! i was copied and pasted that here but I also restated that, because I want to give an example on how bitcoin in very important and also I ask question if bitcoin can solve the world problems.

I have no other intentions for maiking this phrase, you misinterpreted my question

I am actually asking a question! and I asking opinions and ideas of others not for arguing.

Hope you understand me.

Thank you.

ASHLIUSZ

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We have got lots and lots of problems around us, this can be solved only with the communication between government. The technology makes it easier to function in all sectors. In particular the financial system can be made much user friendly and effective.

Hazaki

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Bitcoin came to solve just one problem but it has indeed solved many other problems on it's way and provided a job for many people that thrived for one but were unfortunately unable to have one because of countless factors .. Nor bitcoin neither anything in the world can save all the problems so we should stop debating about the topic definitely ..

matthewio

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bitcoin is great

Bitcoin may not be able to solve all the world banking problem to be specific but it sure will provide alternative solutions and reduce centralization which gives room for mass exploitation.

jhonjhon

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Absolutely it won't, though it have a huge contribution of uplift our life but it won't solve poverty which the number 1 problem in some country. Cryptocurrency isn't yet fully established nor the community fully adopt this system, those people that are involve in these have chances to change their way of living. Government participation and programs is the only tool to help these problem to be solve, not in the way that we depend on bitcoin.

campbell.box

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BTC can solve a lot of problems, I don't know what you mean by the world.

In the world of e-commerce transactions, BTC may be very simple to complete the payment!

BTC can also easily complete international remittance!

cyberkuto

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Quote from: Arlette Foxsparkle on April 10, 2018, 10:06:46 AM

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?

Well certainly, it is but financially might work. Most of the problem in the world is money. Well, since bitcoin is now existing, it would help in a matter of financially or business works per countries, so without being said, there would be a connection going on, if they invest in bitcoin. As I believe, it will not resolve all problems but could help or lessen the up coming problem globally.

Chaki

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Bitcoin can solve problems but take note that not all problems.
Problems have different kind and solution to close the case differs from each other too, just like Math, you can't use one formula to solve hundreds of problems, so you need to try the next equation.
As of BTC, it helps to uplift peoples lives and add knowledge and info who want to engage with it. Some world problem can be solved by BTC like poverty but not 100% lets say 46% since not all people are into it and not people who hear about BTC join the community, that's one point also.

agentx44

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Quote from: East2011 on April 10, 2018, 12:21:26 PM

There are so many different problems in this world. And bitcoin cannot solve it on its own. All nations should help each other in solving the problem.

Bitcoin doesnt have that power to solve the problem of the world. Bitcoin can only helps us by giving us money for what we need to spent like if we want to end poverty in our country them lets help them to escape from that kind of life. To solve the problem of the world was we need to be united as one and help one another.

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