Can Bitcoin solve the worlds problem? - page 5.

marcbitcoins

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Quote from: Arlette Foxsparkle on April 10, 2018, 09:06:46 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?

In talking of financial aspects Bitcoin will help to reduce the problems but not into obsolete them like Bitcoin will reduce the unemployment in which the most common problem of all nations. If the unemployment will reduce then it will help to increase the purchasing power of the consumers making the nations economy to become rich and stable.

dvillier

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Bitcoin tackle world issues I think not yet. Since the issue of the world that numerous begin from economy, wellbeing, demography, war amongst nations and others. Be that as it may, bitcoin has helped the world's financial issues? I think yes. Bitcoin has changed our managing an account exchange framework, at that point gives us colossal occupations and pay. Bitcoin additionally prints a huge number of new rich individuals.

John Joseph Mago

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Quote from: Arlette Foxsparkle on April 10, 2018, 09:06:46 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?

Bitcoin cant solve the world problem because its just a coin and not a God. Only God and yourself can fix the world problems nobody else. If you say world its whole world right but Bitcoin solve's finnancial problems because there are many way to make money on Bitcoin.

Destnhel

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I don't think bitcoin solve world problems. Its true that bitcoin can help us reduce some of our problem. It gives us more income that can help us in our daily need and more especially for those unemployed. Maybe not now maybe 5years from now we can tell that bitcoin can save world problems.

kuckong

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Bitcoin solve world problems I think not yet. Because the problem of the world that many start from economy, health, demography, war between countries and others. But bitcoin has helped the world's economic problems? I think yes. Bitcoin has changed our banking transaction system, then gives us huge jobs and income. Bitcoin also prints millions of new rich people.

Fatimah Azzahra

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I'm sure someday bitcoin bit by bit will be able to reduce the problem of the world, because with the more people who know bitcoin the more curious people want to try it, and so unemployment little by little will decrease.

megamanexe002

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Quote from: Arlette Foxsparkle on April 10, 2018, 09:06:46 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?

Solving the worlds problem using cryptocurrency is very easy like poverty and building new infrastructure to improve the lives of different people in the community, the only problem is that the government who will be going to steal money from people or by banning cryptocurrency.

burong1

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Quote from: Dark_Felix on April 10, 2018, 10:51:06 AM

Bitcoin is more a technology for technology. On its base there are many Altcoins, which can really solve world problems in the 21st century.
At one time, electricity was useless until lightbulbs, radios, etc. appeared.

what kind of problem are you referring? if financial problem i think bitcoin only contributing but mostly i think it depends on a person if they really grab the opportunity given by bitcoin so i think in financial aspect they can solve the worlds problem because as we all know bitcoin can change someone lives we all know whta bitcoin can really give.

Bionicgalaxy

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Quote from: Arlette Foxsparkle on April 10, 2018, 09:06:46 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?

In my own point of view, i think bitcoin can solve the worlds problem especially poverty because it can give you enough and bigger income than your job, that is why bitcoin can lessen unemployed people in every country. Bitcoin can make your life more easier and successful as long you have a technology that you can use and a internet connection for you to access in bitcoin.

adpinbr

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If it is about financially bitcoin is slowly helping each person with their individual lives. but if you talk about shortage and mental illness such as depression. Bitcoin has nothing to do with it. There was once an article that I read.The government told the media about having shortage of classroom;they told that there are no problem financially but the problem is that they have no lands to put the classroom. Things like this is not answerable by bitcoin.

xXBEVOXx

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For this, the whole world needs to use the blockchain system. I think it's more important than this bitcoin. It would be easier for the whole world to use a single currency. But that doesn't seem possible

Gecko8

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Quote from: Cryptoexchange cl on April 25, 2018, 08:17:56 PM

Not Bitcoin, blockchain will change the World, we can make true and pure transparent system with our hands at this moment, every old burocratic model can be rewriten, stay in touch.

I completely agree with you. It is the underlaying blockchain Technology, which will Change the world. It will help us to redesign our Business processes completely differently to exclude middle men, which is slowing down currently. And those improvements will potentially improve some worlds problems.

Kanda Yu

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Quote from: Arlette Foxsparkle on April 10, 2018, 09:06:46 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?

Worlds problem should be dealt within the governments cover knowing that it is what they're meant for. We can't rely the solution of hunger and poverty to bitcoin just because it makes people rich. Governments still has more control over those situation wherein they can independently spread help and solution on any part of a certain country so for me bitcoin may only help but the government should still make the most of the movements.

altercreed

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It can't actually solve the problems of the world but somehow, bitcoin can help alleviate unemployment rate of a country. Thus, helping one's economy to improve further as more people are having an income from cryptocurrency.

kutsal_money

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Yes bitcoin can solve to world's problems because Bitcoin is very important for all the people and very easy, effective way for payment system

phelbaby

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If it is survived in some countries than it will still survive in some countries that are fighting against it now, this may take time but it will succeed

Ampong2121

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Its not only the money that the world biggest problem, but if your talking about the problem of our economy then maybe yes, because bitcoin helps people to earn money and it also helps other people if they will know about how bitcoin good is. We just need to teach other people on how to use bitcoin so that they will also earn money and will decrease the world hunger.

Farrer Lewis

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Socially, Bitcoin is offered as an open source solution, incentivising people to try, learn and use the underlying technology to develop and build their own alternative system.

squog

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Bitcoin will not solve the world's problem. It's like saying that the problem of this world is money. But it will solve alot of the world's problems. Money to buy stuff you need so you won't havr to commit crimes anymore. That's already 2 problems solved, hunger and crime. We all know that the problem of this world is greed. We hoard so much resources that others don't have enough to go by. If you think about it, over population id the main problem.

reyanshbasu

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Bitcoin help a lot of people mostly in financial problem, but I think bitcoin can't solve the world's problem because of still more people not believe in bitcoin, they think bitcoin is scam and an unprofitable. More people didn't know how yo use gadget and internet so I think bitcoin can't solve the world problem.

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