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Topic: Can Bitcoin solve the worlds problem? - page 9. (Read 1804 times)

sr. member
Activity: 938
Merit: 250
April 22, 2018, 06:07:16 AM
Well, in my opinion. Bitcoin or other cryptocurrency solves a lot of problems and mostly are what we really need. Such as security purposes for our fiat money which we all know can be hacked through banks or a gadget where atm's can be modified to stole the money of the customer.
indeed bitcoin moves in the field of transactions and problems in the transaction actually started a lot of help with the presence of bitcoin but for the whole certainly not. bitcoin is also focused on the concept of being successful!
full member
Activity: 434
Merit: 100
April 22, 2018, 06:04:45 AM
Well, in my opinion. Bitcoin or other cryptocurrency solves a lot of problems and mostly are what we really need. Such as security purposes for our fiat money which we all know can be hacked through banks or a gadget where atm's can be modified to stole the money of the customer.
full member
Activity: 510
Merit: 102
April 22, 2018, 05:37:31 AM
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 .
These are no the only problems in the world. Bitcoin can solve some basic human problems such as enabling the poor an equal opportunity to start from nothing and earn a living. But human nature is such that some have the intrinsic urge to be successful more than others. These and many more also contribute to the world having endless problems.
Our problem in the world is all about earning just to provide our wants and needs daily. Many unemployed people on the community which has less fortunate to saw a job but if it will accept the bitcoin in government laws the effect is real ,we can already having good earnings and our economy will grow to the highest. It has a good contribution if it allows bitcoin as our transaction in all over the world because the sending of funds is easy and there no bothered to delay in terms of payments.
Yes, the biggest problem that the world facing today is all about financial because the world is run by money, like food medicines, education and all our wants and without them it seems its hard to live in. Bitcoin helps people to gain extra income and like a free money but still it cannot solve all world's financial problem because not every body knows about bitcoin.
newbie
Activity: 83
Merit: 0
April 22, 2018, 04:24:47 AM
Bitcoin provides an open secure and fast way of transferring the money. I believe bitcoin is entirely possible!
member
Activity: 224
Merit: 10
April 22, 2018, 02:07:26 AM
No it can't, the technology behind bitcoin is great and can change a lot of things but it's not powerful enough to solve the world problems. It can make a lot of things easier and more transparent but it can solve complex things like poverty and etc. Bitcoin and blockchain give people opportunity to make their life better but it's up to the person to take it or not.
full member
Activity: 434
Merit: 105
April 22, 2018, 12:58:34 AM
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 .
These are no the only problems in the world. Bitcoin can solve some basic human problems such as enabling the poor an equal opportunity to start from nothing and earn a living. But human nature is such that some have the intrinsic urge to be successful more than others. These and many more also contribute to the world having endless problems.
Our problem in the world is all about earning just to provide our wants and needs daily. Many unemployed people on the community which has less fortunate to saw a job but if it will accept the bitcoin in government laws the effect is real ,we can already having good earnings and our economy will grow to the highest. It has a good contribution if it allows bitcoin as our transaction in all over the world because the sending of funds is easy and there no bothered to delay in terms of payments.
jr. member
Activity: 182
Merit: 4
April 22, 2018, 12:18:18 AM
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 .
These are no the only problems in the world. Bitcoin can solve some basic human problems such as enabling the poor an equal opportunity to start from nothing and earn a living. But human nature is such that some have the intrinsic urge to be successful more than others. These and many more also contribute to the world having endless problems.
member
Activity: 264
Merit: 10
April 22, 2018, 12:06:41 AM
Bitcoin actually contributing more problem to the world than the benefit it giving. more global warming mining needs more energy to produce/mine bitcoin, another problem is easier way sending funds for terrorism.
Youre right that's the right term for that because bitcoin can officially contributing a positive effect for the world of economy especially whe a lot of people make positive trust for bitcoin.
sr. member
Activity: 756
Merit: 257
Freshdice.com
April 21, 2018, 11:22:52 PM
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 opinion, bitcoin cannot literally solve every problems in the world because not everybody has a bitcoin and do not have any interest to use it. Some countries also banned bitcoin, so there are minimal chances that bitcoin could solve every world problems.
sr. member
Activity: 972
Merit: 255
Bear season or just the beginning
April 21, 2018, 11:21:44 PM
In the field of finance then bitcoin is a good solution in many ways as it offers as a good alternative depending your place and situation. Bitcoin's blockchain is the best part here as it is decentralized and it cannot be tampered by anybody, this is something that needs to be implemented in governments, business and all kinds of necessary recordings.
sr. member
Activity: 728
Merit: 263
April 21, 2018, 11:20:38 PM
I don't think so. the world is becoming worse day by day. I believe that Bitcoin is not for all the people around the world because of the internet-based system. Still, there is a huge area where internet is absent. So in that area, people can't find this way so the problem is still remaining same. it's a universal truth that rich people will remain rich and poor always remain in the same position.
full member
Activity: 193
Merit: 100
April 21, 2018, 11:13:53 PM
the problem as long as we live it will not end let alone this world problem I am sure if one problem is solved then new problem will arise, however btc is still controversy there is no same unanimous word, all countries in the world not one head still exist against btc , so I guess if the situation is still like this it seems difficult to make btc as a problem solver in this world completely
I think btc cannot save the whole worlds problem. For me, bitcoin cannot solve the worlds problem. That is because there are too much problems in this world. The money that bitcoin can give to those people who has a account and earning money from it can solve their problems especially in financial, but solving the worlds problem? I don't think so. So I can only say that it is depend on the people who use btc. Money of bitcoon cannot solve the problem because it is not enough to the people around the world. If you are using your profit that you are getting from btc to help people, that that is a very good thing. And I trying to do so.
member
Activity: 218
Merit: 10
April 21, 2018, 10:51:49 PM
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?


For me, bitcoin cannot solve the worlds problem, the money that bitcoin can give to those people who has a account and earning money from it can solve their problems especially in financial, but solving the worlds problem? I don't think so, money of bitcoon cannot solve the problem because it is not enough to the people around the world.
newbie
Activity: 89
Merit: 0
April 21, 2018, 10:24:33 PM
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 am not sure bitcoin can solve the worlds problem. there is many problems in the word. I think bitcoin can solve the financial problem of people. bitcoin can reduce unemployment.
sr. member
Activity: 686
Merit: 250
April 21, 2018, 09:34:51 PM
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?


It is not very likely that bitcoin can solve any problems of the world, some of the biggest problems of the world have been around with us for a very long time and are not new at all and to me they seem like they are just part of human society and that is impossible to get rid of them, so it is a mistake to try to make bitcoin solve something that has not been solved for thousands of years.
sr. member
Activity: 420
Merit: 266
April 21, 2018, 06:34:48 PM
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, and that, in my opinion, is a far better world than one that we currently face.
full member
Activity: 406
Merit: 156
April 21, 2018, 06:33:28 PM
Let's make something clear pal , Satoshi made bitcoin in order that people have a tool to store wealth without having to pass by a third party that control our money and have total power to see whatever we're doing with it , Satoshi wanted to let people practice their god given freedom without anyone's nose stuck in their businesses or deals and to have the full control of their money without being watched all the time .
That's one thing clear ,bitcoin can make the world better , but not solve the world problems since they are by far more developed for a cryptocurrency , or whatever currency to single-handedly solve all of them . Bitcoin can't solve poverty , education , famine , corruption , diseases or wars .. It just can give an opportunity for internet literates to have another income source and make their lives a bit better and that's all .

member
Activity: 224
Merit: 10
April 21, 2018, 05:20:34 PM
We can't say thay it will resolve worlds problem, however it can cause a great impact on its user especially those investors started early. Bitcoin provide assistance in financial aspect.
full member
Activity: 479
Merit: 100
Enter the future of gaming
April 21, 2018, 05:01:28 PM
Bitcoin is not a panacea, however there is a slight chance it will protect us from governments' interventions into the economy and their uncontrollable inflation of money supply.
hero member
Activity: 672
Merit: 500
April 21, 2018, 03:21:51 PM
The World has many problems.corruption,poverty,crime.and many more. I think Bitcoin can help us to improve our problem Financially. But it's just a tool to help us.we still need to do the work in order and it's up to us if we want to solve the World's problem.
Bitcoin in my opinion has great potential but it cannot solve the major problems until it gets legalized by all the countries across the world and only then it can give rise to employment opportunities and reduction in the prices of various services. The political approach to the question is that not all the powerful and elites in the world want the problems to be solved. They rather keep issues on aggregate level to deal their political interests.
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