Topic: How Bitcoin Can Change The World? - page 14. (Read 1397 times)
BTC as a global digital currency, in the Internet anyone can to promote the value transfer, the currency has given rise to a lot of consumer payment method innovation, it also has the potential to improve people's quality of life of the world's. Because of it, you don't have to be a big brand service provider, you can build a global, fast, low-cost payment network on your local Internet.
Bitcoin, or other counterfeit money, is just one application of the blockchain technology.
The substitution effect of the technology on Banks is similar to that of palypal's substitution effect on Banks. However, both Banks and palypal are essentially centralized accounting systems. The existence of centralization is also due to the existence of payment cost and information asymmetry, which is also the most important place for "block chain" technology to change the world pattern in the future.
The substitution effect of the technology on Banks is similar to that of palypal's substitution effect on Banks. However, both Banks and palypal are essentially centralized accounting systems. The existence of centralization is also due to the existence of payment cost and information asymmetry, which is also the most important place for "block chain" technology to change the world pattern in the future.
yes bitcoin can change the world, one can earn money (dollars/pounds/euros) by working, selling things, or exchanging other currencies. Similarly, one can earn bitcoins by mining (working in virtual world), getting paid in bitcoins for selling goods, or purchasing bitcoins by exchanging existing currencies (like US dollars)
Bitcoin changes the world is subtle, such as promoting the country's economic development, saving the country's economy, so that blockchain technology has been promoted in the future we can trade without having to worry about through the bank information leaks, do not know bitcoin people, I feel sad for them...
As I consider Bitcoin something along the lines of next-gen gold, I think it will become one of the most predominant means of wealth storage. One can earn money (dollars/pounds/euros) by working, selling things, or exchanging other currencies. Similarly, one can earn bitcoins by mining (working in virtual world), getting paid in bitcoins for selling goods, or purchasing bitcoins by exchanging existing currencies (like US dollars). Earned or purchased bitcoins reside in safe wallets, which are online secure bitcoin storage provided by bitcoin service providers. All in all, bitcoin and its underlying technology have great potential. Applications based on block chains will present technical, legal, economical, and social problems that may be similar to the ones raised by similar peer-to-peer applications like Torrent, Napster, or Freenet.This is how it is impacting the world.
This is true world can be change by using bitcoin. Bitcoin can change a country's economical condition. Their family condition. It can reduce unemployement problem of any country.
Bitcoin, like gold, has no spamming problems. Circulation is known and will not be affected by government credit. Valuation mainly considers the value of the existing legal currency. This makes bitcoin natural is not welcome by the legal currency market, unless there is sufficient means and ability to control, otherwise it is forbidden. If any country can manage bitcoin freely, bitcoin will become the nuclear weapon of a new currency war.
Decentralized economy will destroy barriers between countries.
The possibilities with bitcoin are almost limitless. Bitcoin is a kind of digital currency that is accepted over the internet and also at many physical locations. Many small and large businesses are now accepting bitcoins. It is the new trend in the air, that is going to change the whole scenario of the future in the finance world altogether.
This is a question, which the most people cant believe what bitcoin could do to the whole world. The problem right know is that there are some few people who totally controll the money. If bitcoin or any other CryptoCurrency can push through and can replace the Fiat cash, there will be some people who are very mighty invalidated. That will be great, because the power will come back to the population of the world, and many things will go on fair on this world.
Bitcoin already started changing the world, payment using digital currency is one, where in you can just open your account and send your payment when making purchase and you don't need paper money. Indirect, bitcoin helps preserve nature where in there is no need to cut down more paper tree to produce more paper money.
How Bitcoin Can Change The World?
Bitcoin can do many things nowadays. For example is it the KFC in Canada which they accept bitcoin as payment, also in some other places it is being used to pay for hotel rooms. While in our country we can use it to pay bills, buy load, buy game credits and many more soon. But it is not only bitcoin that is changing the world, but the cryptocurrency and the blockchain technologies. Right now i saw many ICO that can help the community, it shows that the effect of cryptocurrencies can help to make a better world but still some of the governments are still against it.
The technology behind bitcoin can change the world financial system for ever but if the governments understand it right
Bitcoin is great. It can help us make additional profits and provide jobs to the unemployed. I believe it will change the world economy,it will also change the world's currency and allow the world to encrypt money.
bitcoin is just started, i think the future is all your bitcoin and bitcoin will rule over global market.
Bitcoin can change the world by chance for those who are unemployed people's.and bitcoin make life easier and conportable and help individuals to improvement in term fenancially to make the world easier to transact even individual.
Bitcoin will change the world because bitcoin helps our country to reduce the increasing number of unemployment people so I think many people are have a chance to be a rich someday. In fact there are so many ways to change the world by the use of bitcoin
How Bitcoin Can Change The World?
Bitcoin can do many things nowadays. For example is it the KFC in Canada which they accept bitcoin as payment, also in some other places it is being used to pay for hotel rooms. While in our country we can use it to pay bills, buy load, buy game credits and many more soon. But it is not only bitcoin that is changing the world, but the cryptocurrency and the blockchain technologies. Right now i saw many ICO that can help the community, it shows that the effect of cryptocurrencies can help to make a better world but still some of the governments are still against it. How Bitcoin Can Change The World?
Beside its way of intelligence in banking, a safer way, a secured social currency, and the way of earning money is really a certain spot that could change though.
For me! Yes of course.Specially for those county have a big population in unemployed it can change the world through the used if this bitcoin.The people will survive their basic needs ang decrease the unemployed population.
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