Cryptocurrency impact on Economy | Bitcointalksearch.org

oktana

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Quote from: btc78 on April 19, 2024, 09:58:37 AM

Quote from: oktana on April 17, 2024, 06:55:40 PM

Even the signature campaign isn’t a job.

If it gives you a salary then what is it?

It could be a side job but honestly signature campaigns pay better than usual jobs where you just end up physically and mentally drained and for what? A minimum pay. I’d rather be doing this in the comfort of my own house than having to go out, spend money for transportation and offer services to receive incomes that do not equate said services.

It depends on the country you’re talking of and their minimum wage. Signature campaigns do give you money but you cant compare it with having an actual job where you put in complete hours dedication. It also depends on the job you’re referring to because there are different job rankings. However, if the said person has no job at all, they can consider signature campaign as a job, but I don’t think it’s wise to depend on it and confidently call it a job.

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Quote from: oktana on April 17, 2024, 06:55:40 PM

Even the signature campaign isn’t a job.

If it gives you a salary then what is it?

It could be a side job but honestly signature campaigns pay better than usual jobs where you just end up physically and mentally drained and for what? A minimum pay. I’d rather be doing this in the comfort of my own house than having to go out, spend money for transportation and offer services to receive incomes that do not equate said services.

Quote

Maybe when you’ve worked a lot and have many investments, you can retire and earn from these investments.

Investments for me have always been a method to prepare for the future and it’s not a source of income presently.

oktana

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Quote from: Yamifoud on April 14, 2024, 08:11:48 AM

Quote from: Litzki1990 on March 15, 2024, 06:00:17 AM

Quote from: oktana on February 08, 2024, 06:30:54 PM

I do not understand your explanation of how Bitcoin impacts unemployment, and I equally don’t think that Bitcoin impacts unemployment in the way you make it seem. What Bitcoin has done is bringing about the idea of cryptocurrency, which we now have many cryptocurrencies. And if not the jobs like being a blockchain developer, and a few things, Bitcoin doesn’t directly impact unemployment. Or maybe you want to elaborate on what you meant?

Let me give you a small example of how Bitcoin solves the problem of unemployment. You must know about the poverty of people living in African countries. The per capita income of people there is very low and the GDP in those countries is very small and most of the people there work day and night and earn maybe two dollars to one dollar. If you earn two dollars or one dollar a day, it is very little, but those who earn two dollars to one dollar are considered as the highest income in Nigeria. You will see that there are many people in Nigeria who are involved with Bitcoin and who are investing regularly. They are investing in Bitcoin as well as they are working on various signature campaigns in this forum which is a great example of how Bitcoin is eliminating people's unemployment. But they would not be so satisfied with their Bitcoin investment if they did not get the profit from the investment as per their demand.

Average and Rich people are likely involved in investing in Bitcoin but poor people, have less chance.
Cryptocurrency is not the solution to a growing unemployment rate in the country but this just gives a chance for all to earn money. In fact, we can't consider this as a job but rather as an investment. We can't rely solely on our crypto investment because this won't give us instant returns. So, we still need to find a job that supports our daily needs.

And even joining signature campaigns doesn't change because this is not an individual problem but the entire country and the participation of the leaders matter a lot.

Even the signature campaign isn’t a job. And for you to invest in Bitcoin, you should have money for investments, which means that you likely have a job. So at the end of the day, you need a job for things to happen. Maybe when you’ve worked a lot and have many investments, you can retire and earn from these investments. But the investments aren’t the ones alleviating the poverty, it’s how you handled the job too.

QuinielaPosible

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The same qualities that make crypto appealing like its ease of access and minimal bureaucratic red tape are also making it a playground for scams

WillyAp

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Quote from: I_Anime on April 17, 2024, 02:48:56 AM

Yeah cryptocurrencies has played a great role in eradicating poverty in most individuals lives, given them the previlage to work from the comfort of their home. One don't actually need to fill any form of application before getting the chance to earn with it , one don't need any form of interview before earning in this crypto space, all one need is proper knowledge concerning how things work in this space Inorder to earn . Though nothing comes that easily that why when come to earning in this Crypto space learning or gathering of knowledge about it plays a vital roles. And one wonderful thing about this space is that one can earn by investing or using of capital, or earn without investing or without making use of any capital or money .

50% of those who earn from home without going through University are bound for prisión or worse.
You are correct in saying that the established society is way too bureaucratic, these bureaucratic hurdles are used to prevent fraud too.
people fell for instagram Trading offers, they still do.

I_Anime

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Quote from: bocyaj on February 06, 2024, 07:45:27 AM

Poverty:

Poverty is based on the calorie consumed by the individual based on the food consumption.For the food the individual need of steady income to satisfy with the basic need.Now many graduate unemployed people using cryptocurrency in various form to make some money for the food.

Health,Education and Clothing also the important factor of the poverty determination.All this need of money which was created by the individual by using the cryptocurrency as a mode to earn some money.Let discuss about this factors

Yeah cryptocurrencies has played a great role in eradicating poverty in most individuals lives, given them the previlage to work from the comfort of their home. One don't actually need to fill any form of application before getting the chance to earn with it , one don't need any form of interview before earning in this crypto space, all one need is proper knowledge concerning how things work in this space Inorder to earn . Though nothing comes that easily that why when come to earning in this Crypto space learning or gathering of knowledge about it plays a vital roles. And one wonderful thing about this space is that one can earn by investing or using of capital, or earn without investing or without making use of any capital or money .

WillyAp

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Quote from: Webetcoins on April 15, 2024, 11:25:05 PM

And whose fault is that? People who are too lazy to acquire any skills are unemployed because of themselves and not because there aren't enough opportunities. There are millions of job opportunities even outside of this industry but they require one to at least have some skill that they can use to get a job done, but some people say that they wouldn't learn or become skilful and they just want a job where they do nothing and get paid for it.

People who are unemployed and don't have a stable source of income need to understand that they need to do something themselves to get out of the misery they are in, no one would come to their house and offer them a job where they would be doing what they know or what they like, that's not going to happen.

Parents failures are those.
You can learn skills from early ages till you are close to death.
Many lower and middle class parents search for the pill calming their offspring. Children are curious and parents kill that curiosity.

Webetcoins

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Quote from: WillyAp on April 13, 2024, 07:56:44 PM

Only a fraction of young people.
There are billions without skill levels to be employed in the 1st place.

And whose fault is that? People who are too lazy to acquire any skills are unemployed because of themselves and not because there aren't enough opportunities. There are millions of job opportunities even outside of this industry but they require one to at least have some skill that they can use to get a job done, but some people say that they wouldn't learn or become skilful and they just want a job where they do nothing and get paid for it.

People who are unemployed and don't have a stable source of income need to understand that they need to do something themselves to get out of the misery they are in, no one would come to their house and offer them a job where they would be doing what they know or what they like, that's not going to happen.

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Quote from: bestcoins1 on April 14, 2024, 11:47:28 AM

Quote from: WillyAp on April 13, 2024, 07:56:44 PM

Only a fraction of young people.
There are billions without skill levels to be employed in the 1st place.

I hope that today's young generation will be aware of continuing to improve their skills in any matter in order to make it easier for them to open their own business so that they can work alone without having to depend on other people for a long time. Now the impact of cryptocurrency has become very big for the younger generation who are not lazy, because they can take their own opportunities with smarter thinking so that they can earn from their own hard work for now.

When someone realizes the importance of improving skills, they must have a skill that can give them an income and there is no need to expect other people to be able to have an income that can meet our own needs, because without a skill that we have of course it will be very difficult to looking for work that can give us income and currently the impact of cryptocurrency is very big for those who can learn and can make a profit from cryptocurrency and as you said this really depends on someone who wants to take this opportunity or ignore it.

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Assalamu Alekum

Quote from: AmoreJaz on April 13, 2024, 07:06:08 PM

Quote from: batang_bitcoin on April 13, 2024, 07:03:03 PM

Quote from: Renampun on April 13, 2024, 04:19:56 PM

the opportunity created by the use of cryptocurrencies is that more and more young people will be helped financially when they make good use of cryptocurrencies,

It's that the opportunities have become digital and many are paying in cryptocurrencies. And with those opportunities, I agree that many young people that are into technology might be aware of it and they can easily get something for them that will be able to help them not just financially but also add up some knowledge of what actually is happening on this scene.

Quote from: Renampun on April 13, 2024, 04:19:56 PM

just imagine if you knew about Bitcoin and bought it when the price was $1000 then now the value of the money you have has increased by thousands of percent, this shows that cryptocurrencies are an opportunity.

I've been there and glad that I was able to get a bit from it. It's true that whoever gets first will have the most advantage and the impact of being into cryptocurrency is certainly big not just to the country's economy but also to your family economy.

In crypto market, there are so many jobs that the young generation can explore with. Not only using it for payment purposes but for crypto-related projects, there are so many jobs created out of it. Just look at graphic artists, programmers and a lot more as I already mentioned in my earlier post here. So yeah, it will help those people get some jobs from this industry, if they just know what projects to tap and offer their expertise with.

Besides bitcoin, can you name cryptocurrency projects that are bringing practical applications to the real world? Or are projects created for the purpose of pump&dump, causing damage to millions of participants? Graphic artists and programmers constantly create garbage projects and Kols takes turns shilling the projects and then making thousands of people lose money. That is called the positive impact of cryptocurrency on our economy?

Also, are you investing in cryptocurrencies and are you paying taxes to your government or are you using them to avoid taxes? And you call that a positive impact on the national economy?

batang_bitcoin

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Quote from: AmoreJaz on April 13, 2024, 07:06:08 PM

Quote from: batang_bitcoin on April 13, 2024, 07:03:03 PM

~snip~

In crypto market, there are so many jobs that the young generation can explore with. Not only using it for payment purposes but for crypto-related projects, there are so many jobs created out of it. Just look at graphic artists, programmers and a lot more as I already mentioned in my earlier post here. So yeah, it will help those people get some jobs from this industry, if they just know what projects to tap and offer their expertise with.

True, many of the clients are now also giving that option for their workers to get paid in crypto because it is lesser fee and quicker and can be received within a few seconds. And having that kind of payment don't have to make you exchange anymore because that's a direct investment for the receiver or to the workers that are longing to invest on this market so, the clients just did their job quicker and helped them more to invest.

bestcoins1

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Quote from: WillyAp on April 13, 2024, 07:56:44 PM

Only a fraction of young people.
There are billions without skill levels to be employed in the 1st place.

I hope that today's young generation will be aware of continuing to improve their skills in any matter in order to make it easier for them to open their own business so that they can work alone without having to depend on other people for a long time. Now the impact of cryptocurrency has become very big for the younger generation who are not lazy, because they can take their own opportunities with smarter thinking so that they can earn from their own hard work for now.

Yamifoud

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Quote from: Litzki1990 on March 15, 2024, 06:00:17 AM

Quote from: oktana on February 08, 2024, 06:30:54 PM

I do not understand your explanation of how Bitcoin impacts unemployment, and I equally don’t think that Bitcoin impacts unemployment in the way you make it seem. What Bitcoin has done is bringing about the idea of cryptocurrency, which we now have many cryptocurrencies. And if not the jobs like being a blockchain developer, and a few things, Bitcoin doesn’t directly impact unemployment. Or maybe you want to elaborate on what you meant?

Let me give you a small example of how Bitcoin solves the problem of unemployment. You must know about the poverty of people living in African countries. The per capita income of people there is very low and the GDP in those countries is very small and most of the people there work day and night and earn maybe two dollars to one dollar. If you earn two dollars or one dollar a day, it is very little, but those who earn two dollars to one dollar are considered as the highest income in Nigeria. You will see that there are many people in Nigeria who are involved with Bitcoin and who are investing regularly. They are investing in Bitcoin as well as they are working on various signature campaigns in this forum which is a great example of how Bitcoin is eliminating people's unemployment. But they would not be so satisfied with their Bitcoin investment if they did not get the profit from the investment as per their demand.

Average and Rich people are likely involved in investing in Bitcoin but poor people, have less chance.
Cryptocurrency is not the solution to a growing unemployment rate in the country but this just gives a chance for all to earn money. In fact, we can't consider this as a job but rather as an investment. We can't rely solely on our crypto investment because this won't give us instant returns. So, we still need to find a job that supports our daily needs.

And even joining signature campaigns doesn't change because this is not an individual problem but the entire country and the participation of the leaders matter a lot.

ferida504

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Quote from: Dzwaafu11 on February 06, 2024, 08:30:16 AM

Quote from: bocyaj on February 06, 2024, 07:45:27 AM

Cryptocurrency had their huge root in the many countries economy,now nearly 30-40 percentage of many country people using cryptocurrency for the trading,mining,digital marketing and investment.So at the end they are earning some decent income from the cryptocurrency.The impact of cryptocurrency in the developing countries was huge,because the unemployment and poverty was the biggest hurdle for the developing countries.

yes. cryptocurrency have impacted positively in the world today and it is happening and we still believe it will continue happening because the way youth are accepting the cryptocurrency as their way of earning money is really encouraging, especially in my country where there is no job for them to meet their daily needs. What most of them do is crypto trading; they trade bitcoin and other valuable coins to get what they want.

Quote

Unemployment:

The increase in population of the developing countries and under developing countries will leads to the unemployment due to human resource surplus.The freelancer of this country uses the cryptocurrency as the one of the income generating resource.

yes. In countries where there is a large population, they can also use this industry to feed themselves by doing many things, such as signature campaigns, bounty, and even trading crypto currency, just to meet their needs. By getting used to the crypto currency, I don't think most of them will even want to go back and find a government job again, because it is happening in my country. Some youths and other graduates from many institutions have already embraced crypto as a way of getting money, and they don't want to go back and look for government work again.

In almost ten years, he really felt the positive effects after crypto was present in the midst of people who were experiencing economic difficulties, the existence of crypto has also become a new innovation in the global business world, and also economic growth can stabilize it, currently the readiness of countries that You have to pay attention because not all countries are ready for economic growth through cryptocurrency. in the crypto system, people don't bother using it in transactions, so it is very short and also very safe in using it, so the level of efficiency is very high. I hope the world economy continues to improve and crypto becomes part of the legitimate world financial system

Ayers

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Quote from: WillyAp on April 13, 2024, 12:50:47 PM

Quote from: Ayers on April 13, 2024, 04:41:57 AM

how will you own bitcoin or altcoins if you don't use a bank or fiat to buy them? Cryptocurrency is not created and distributed to you for free, you need money and even a lot of money to own it. So how can it replace the role of banks? Also, if you have used bitcoin and made any transactions recently, you would have spent $6 or even $20 per transaction. Do you think it will help you reduce costs compared to banks?

Other than bitcoin, cryptocurrency is a pump and dump game, nothing more, nothing less.

Not really, many are though.
You can make cryptos by mining, you can collect crypto though clicking, watching videos, doing surveys and so on.
You are correct with saying that Crypto will not replace the banks ever, banks give credits, finance startups, are critical to the systems very existence.

Are you collecting cryptocurrencies the way you recommend or are you also investing in them with fiat and banking? Free stuff doesn't work anymore these days because things are becoming much more valuable. Even if you could somehow get your hands on cryptocurrencies, if you don't convert them to fiat, you can't survive as fiat and banks are still the primary medium, the currency of the world.

We need to look at reality and accept what is happening, don't be too delusional or too hopeful about the crypto industry. We are only at the beginning of the cryptocurrency revolution and unfortunately, everything is no longer a money game. There are no practical applications yet and no impact on our economy.

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Quote from: bocyaj on February 06, 2024, 07:45:27 AM

Poverty is based on the calorie consumed by the individual based on the food consumption.For the food the individual need of steady income to satisfy with the basic need.Now many graduate unemployed people using cryptocurrency in various form to make some money for the food.

Health,Education and Clothing also the important factor of the poverty determination.All this need of money which was created by the individual by using the cryptocurrency as a mode to earn some money.Let discuss about this factors.

I highlight individually regarding crypto and specifically for bitcoin, the presence of this industry has helped many people, especially regarding the issue of financial income level capabilities. People are starting to realize this industry as an alternative and everyone has the same opportunity to earn money, as long as this industry is used well then there is an opportunity for anyone to gain financial freedom. Poverty is characterized by people who are unable to meet their food needs and do not live a decent life such as getting education and health.

If someone does not have a strategy to get out of poverty then life now will be much more difficult. Jobs are very difficult to get and will affect someone from fulfilling their obligations. The steps and presence of crypo can be used by anyone, but people must know how it works. Therefore, training skills is very important so that people can invest and trade in crypto.

WillyAp

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Only a fraction of young people.
There are billions without skill levels to be employed in the 1st place.

AmoreJaz

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Quote from: batang_bitcoin on April 13, 2024, 07:03:03 PM

Quote from: Renampun on April 13, 2024, 04:19:56 PM

the opportunity created by the use of cryptocurrencies is that more and more young people will be helped financially when they make good use of cryptocurrencies,

It's that the opportunities have become digital and many are paying in cryptocurrencies. And with those opportunities, I agree that many young people that are into technology might be aware of it and they can easily get something for them that will be able to help them not just financially but also add up some knowledge of what actually is happening on this scene.

Quote from: Renampun on April 13, 2024, 04:19:56 PM

just imagine if you knew about Bitcoin and bought it when the price was $1000 then now the value of the money you have has increased by thousands of percent, this shows that cryptocurrencies are an opportunity.

I've been there and glad that I was able to get a bit from it. It's true that whoever gets first will have the most advantage and the impact of being into cryptocurrency is certainly big not just to the country's economy but also to your family economy.

In crypto market, there are so many jobs that the young generation can explore with. Not only using it for payment purposes but for crypto-related projects, there are so many jobs created out of it. Just look at graphic artists, programmers and a lot more as I already mentioned in my earlier post here. So yeah, it will help those people get some jobs from this industry, if they just know what projects to tap and offer their expertise with.

batang_bitcoin

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Quote from: Renampun on April 13, 2024, 04:19:56 PM

the opportunity created by the use of cryptocurrencies is that more and more young people will be helped financially when they make good use of cryptocurrencies,

It's that the opportunities have become digital and many are paying in cryptocurrencies. And with those opportunities, I agree that many young people that are into technology might be aware of it and they can easily get something for them that will be able to help them not just financially but also add up some knowledge of what actually is happening on this scene.

Quote from: Renampun on April 13, 2024, 04:19:56 PM

just imagine if you knew about Bitcoin and bought it when the price was $1000 then now the value of the money you have has increased by thousands of percent, this shows that cryptocurrencies are an opportunity.

I've been there and glad that I was able to get a bit from it. It's true that whoever gets first will have the most advantage and the impact of being into cryptocurrency is certainly big not just to the country's economy but also to your family economy.

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Quote from: bocyaj on February 06, 2024, 07:45:27 AM

Cryptocurrency had their huge root in the many countries economy,now nearly 30-40 percentage of many country people using cryptocurrency for the trading,mining,digital marketing and investment.So at the end they are earning some decent income from the cryptocurrency.The impact of cryptocurrency in the developing countries was huge,because the unemployment and poverty was the biggest hurdle for the developing countries.

Cryptocurrency is an entirely new phase of technology that has come to advance the knowledge of monetary systems as far as fiat is concerned. And subsequently provide long-lasting solutions to those problems through the advent of the digital currencies, a.k.a. cryptocurrencies.

Disentralized system in Bitcoin will help it to survive more than the fiat currencies in, but will also assist in maintaining the value of the assets

It has helped a lot of people to join hands in the decision-making process of the cryptocurrency, so that the rise and fall of the digital currency will solely be determined by the overall users of those currencies, and there is nothing like being micro-managed by a certain set of people who are the key.

Topic: Cryptocurrency impact on Economy (Read 1444 times)