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Topic: Can Bitcoin solve the worlds problem? - page 22. (Read 1833 times)

hero member
Activity: 1890
Merit: 831
April 10, 2018, 09:23:17 AM
#3
Hi! Smiley
Well to be honest there are emny problems that bitcoins can solve. Here is the list of the ones that I find most influential:-

1. High transaction fee:-.
   No matter what other complain about but now the transaction fee from peer to peer network is reduced to a significant amount when we consider overseas transactions from country to country .
With the acceptance of segWit addresses and wallets the transaction fee is very minimal.

2. It's creating job opportunities
Bitcoins is creating job opportunities for the oneswho are not being able to work from home and get a descent payscale .
Many of them are involved in minning and even a higher level of population is earning though forum and campaigns and that's creating job opportunities for everyone around it that even government is not being able to provide.

3.Its keeping check on the whales and the big business personalities who are in association with banks controlling the people and their money, not always it is beneficial for them, most of the times it's biased .
sr. member
Activity: 743
Merit: 250
April 10, 2018, 09:22:07 AM
#2
Bitcoin and its blockchain technology are revolutionary without any doubt. But I am not sure if it is going to solve the world's problems. But if you mean the financial problems, the yes Bitcoin's helping so many people around the world to earn their living or to make some additional income online, and it is also helping to reduce the unemployment worldwide.
jr. member
Activity: 196
Merit: 2
April 10, 2018, 09:06:46 AM
#1
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?

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