Topic: Can Bitcoin solve the worlds problem? - page 7. (Read 1804 times)
Maybe he can't fix all the problems, but he can fix some of them. The worlds problems are bigger than bitcoins. We can guarantee that bitcoin can help to sustain some financial matters and transactions that are digital.
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?
I think bitcoin is just a currency that we all know is profitable but I guess it doesn't have the capability to change every aspect of the world problem.
The people behind bitcoin are more capable of providing solution to the problem the the world is facing right now though we can't deny the fact that bitcoin is helping the world economy now.
Bitcoin with Blokchain technology in it offers transparency. Therefore I think, Bitcoin can solve the problem of non-transparent financial system that run by the bank.
The banking financial system is a system based on promise or trust, whereas, bitcoin uses evidence-based mechanisms through certain mathematical calculations (cryptography).
That is, with the bank system, we must believe that the bank will do the bookkeeping properly, whereas in bitcoin, recorded transactions are mathematically proven to state that the transaction is legitimate, and anyone can verify and validate.
The banking financial system is a system based on promise or trust, whereas, bitcoin uses evidence-based mechanisms through certain mathematical calculations (cryptography).
That is, with the bank system, we must believe that the bank will do the bookkeeping properly, whereas in bitcoin, recorded transactions are mathematically proven to state that the transaction is legitimate, and anyone can verify and validate.
Bitcoin is best assets to help people from poverty but this and all crypto currency do not hold the fate of each poor individual, it is always depend on how man will manage the opportunity.
Of course it can, it all depends on how people use bitcoin. if the government is focusing on bitcoin development to solve economic problems, I think it can be done. it just takes time. for now, the world is seeing that development.
Bitcoin is best assets to help people from poverty but this and all crypto currency do not hold the fate of each poor individual, it is always depend on how man will manage the opportunity.
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?
I think nothing can solve any of the problems in the world except the people who are leaving inside of it. Don't make anyone solve your problems for you. You do something about it yourself.
Bitcoin already solves some of the world's problems related to finances. Banks are actively developing blockchain solutions, payment systems are becoming progressive every day. Of course, BTC will not be able to become a single solution to all problems. But thanks to its appearance, the world began to change
Even fiat money didn't resolve the world problem but I don't think that btc can do that as you can see btc is not popular to all people some users may use it know it but no one can use it for long because fiat is the number one and helpful to those not using high technology.
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?
You wrote it right. Bitcoin really has many functions, advantages and uses, and it really can change many areas of activity for the better, change the standard economy and with it digital currencies can replace paper money. 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?
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 really good investment, aside from that it can be used as a currency since some stores and country accept it as a payment method. Bitcoin also has its advantages, not only for personal use but also economically speaking to country. It lessen the unemployment rate and lessen the poverty rate of a country since in every country there's a case of that two major problems of the world. Legalization all over the world is needed by bitcoin for it to help everyone in need. 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?
One of the most important problems of the world are unemployment issues, poverty and hungerness, which can be eliminated with the acceptance of bitcoin and block chain technology. Bitcoin provides a source of income for products and services offered in the early stages only the technocrats accepted the bitcoin and block chain technology and as every year the number of engg. graduating students are increasing which causes difficulty in landing a job in the current market situation so this bitcoins have helped them by working for programming languages in exchange of bitcoins has helped them to get through the problem of unemployment issues and poverty which gradually leads to uplifting the economic conditions of the world.
bitcoin is a technology that can facilitate a transaction and help some individuals in earnings, but in this world there are various problems, you can see it in detail on the existing news, many problems that can not be solved only with bitcoin, I myself think way the best way to solve the problem is the awareness of each of the responsible parties in managing and governing, they should be able to see the overall main cause of the problem, which concerns all aspects, but I am not so sure everything will be solved properly, surely there will be many obstacles that will continue to confront
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?
Bitcoing Cryptocurrency is a very efficient and have transaction amor transfer resources from one account unti another. But im pretty sure that it wont solve the world's problem like as simple as Hunger. People with much BTC will surely hold it upon for their self interest.
Maybe , Bitcoin helps a lot to the people who are indeed bitcoin solve people's problem its not possible that bitcoin solve worlds problem , nowadays they're many teenagers who are need to get money .
We should also ask our self this question; Can world problem be solved? I f world problem can be solve then bitcoin cal also help by solving it. Bitcoin can help in the area of improving nation economy in the area of job creations, block-chain technology and so on.
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?
Absolute yes for me , why?
The problem that governments created by monopolising the issuance of currency and thrusting fiat systems of finance and currency upon the world.
✦ 100% voluntary and non-coerced or forced upon people
✦ Users/owners are free to do with it what they will and use it in whatever way they like
✦ Fraud/counterfeiting (which are standard practice in banking/government finance systems) are completely impossible
✦ No central entity means no single point of failure and a distributed mining/accounting system means an incredibly resilient and powerful network (The Bitcoin network outperforms the top 500 supercomputers combined | ExtremeTech)
✦ Inflation (creation of money) happens at a stable rate and halves every four years, creating a limited supply of 21 Million Units - this solves a problem that central banks and governments have created
✦ Free transfer and free to hold - this solves the problem that banks created
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?
There are problems that can be solve by the bitcoin in our economy and society. ICO is continuing to exist because the main goal of the ICOs are to solve problem in our economy and society. 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?
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?
yes of course you can, bitcoin is very used and very influential in the future because the future is not too use of paper currency anymore but more likely to use digital currency like bitcoin so bitcoin can give a very good solution in the future.
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 some cases it solve some problems in our country. Like people nowadays are having hard time to be hired in their chosen jobs. Sometimes they are not fit to their qualification and some are not chosen by the manager. But with the help of bitcoin they can work with it as well as earning money.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?
Beside it governments can also save their budgets those were wasting in making physical and fiat currencies by simply adopting Bitcoin is a main and perfect solution for their problems too.
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?
yes it can depending on the government if they are going to use cryptocurrency for good or to help other people just like how japan's government is doing right now, they are using cryptocurrency to improve their own economy.
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