how can bitcoin help the community? - page 31.

krigger

sr. member

Activity: 518

Merit: 250

Presale is live!

Quote from: jak3 on December 01, 2017, 12:59:58 PM

I live in India and there is lot of poor people who do not have access to the Internet. In addition to this there is a lot of corruption in our country and I see Bitcoin as a perfect tool which can avoid this corruption. If people learn how they can use Bitcoin for their daily transactions and can run other security measurements then it is going to benefit for them in a lot of ways. Firstly, people can provide their services around the world and can take the payments in Bitcoin, we can keep all the records of the money and their friends and relatives money without going to bank. And many more features like this necessary for countries like mine.

Imagine if everyone in India that is very poor invested only $100 into Bitcoin then in a few years after it gets to above $1,000,00 they would all have $10,000 to their name. I think this would be superb for the development of this nation which now has a reputation for many people living in slums, like Slumdog Millionaire, and if they invested into BTC they will all become Slumdog Millionaires. Wink

KenChanYu

hero member

Activity: 1139

Merit: 500

I believe bitcoin can really help the community by means of giving extra works to the individual arround the community and maybe making them an independent in all types types or maybe kinds of different payment online.Maybe because of bitcoin people will really not lean on the government or maybe each other to survive life because they can get an extra income by means of doing such simple way of gaining through bitcoin.

jak3

legendary

Activity: 1274

Merit: 1004

I live in India and there is lot of poor people who do not have access to the Internet. In addition to this there is a lot of corruption in our country and I see Bitcoin as a perfect tool which can avoid this corruption. If people learn how they can use Bitcoin for their daily transactions and can run other security measurements then it is going to benefit for them in a lot of ways. Firstly, people can provide their services around the world and can take the payments in Bitcoin, we can keep all the records of the money and their friends and relatives money without going to bank. And many more features like this necessary for countries like mine.

Snub

hero member

Activity: 812

Merit: 500

Quote from: CodyAlfaridzi on November 30, 2017, 11:39:43 PM

Quote from: Jmmerquita on August 06, 2017, 01:35:46 PM

Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.

Bitcoin could help anyone, including people in third world countries, a lot of ways. I live in Indonesia, so here are some example from my experience

An easy way to start investing and getting knowledge. Most people in 3rd world countries aren't well educated in investing. Young people like me also hate to go to the banks or financial firms because we think there will be a minimum amount to invests, a lot of fees, and a lot of paperwork. With Bitcoin and cryptocurrency, I can invest even the smallest amount without any paperwork and lowest fees possible. I know that the lack of paperwork is probably because Bitcoin isn't legalized yet. Also, I start to acquire knowledge about the financial world, it's issue and the emerging technology, that include blockchain and cryptocurrency.

Convenient means of online payment. With Bitcoin, I can easily buy anything online. Almost all online store, both international and local, currently accept Bitcoin. I mostly buy things online like Steam games, domain, web hosting, ebooks, software. I almost always use Bitcoin for those transactions.

I also agree with some comments above that it could help some people earning. Well, I earn quite a lot too from the ecosystem in Bitcoin, especially in Bitcointalk.

I'm very glad to hear that young people with small opportunities find a way to be close to high technologies and develop...you have a future!

CodyAlfaridzi

hero member

Activity: 1708

Merit: 541

Quote from: Jmmerquita on August 06, 2017, 01:35:46 PM

Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.

Bitcoin could help anyone, including people in third world countries, a lot of ways. I live in Indonesia, so here are some example from my experience

An easy way to start investing and getting knowledge. Most people in 3rd world countries aren't well educated in investing. Young people like me also hate to go to the banks or financial firms because we think there will be a minimum amount to invests, a lot of fees, and a lot of paperwork. With Bitcoin and cryptocurrency, I can invest even the smallest amount without any paperwork and lowest fees possible. I know that the lack of paperwork is probably because Bitcoin isn't legalized yet. Also, I start to acquire knowledge about the financial world, it's issue and the emerging technology, that include blockchain and cryptocurrency.

Convenient means of online payment. With Bitcoin, I can easily buy anything online. Almost all online store, both international and local, currently accept Bitcoin. I mostly buy things online like Steam games, domain, web hosting, ebooks, software. I almost always use Bitcoin for those transactions.

I also agree with some comments above that it could help some people earning. Well, I earn quite a lot too from the ecosystem in Bitcoin, especially in Bitcointalk.

Darknight31

full member

Activity: 209

Merit: 100

Quote from: Sled on August 07, 2017, 02:52:57 AM

Bitcoin can help the community by giving opportunities to earn money because in bitcoin you can earn money by having a great work ethic because just like in life, earning money is hard from the start but once you know the things that you need to do then it will become easy for you to play the game and make more money than your past earnings.

Ofcourse bitcoin helps the community in so many ways. It helps unemployed people to earn money without any job. I mean bitcoin serves somehow like an online job for them. Also for some students like me. I get to earn extra income for some of my extra expenses in school or for my needs. It is just a matter of effort to earn.

jaocoincrypto18

full member

Activity: 630

Merit: 103

Quote from: sheldonnnn on August 07, 2017, 01:34:23 AM

I do not think that bitcoin can help the whole society and overcome poverty. Only if taxes on Bitcoin will introduced but I do not think that this will happen. Bitcoin can help not the community but its individual member, who is earning money for a living in this way.

You are a close minded dude because you too didnt see the advantage if most of the individual member who benefited if they will earn thru bitcoin. If most individuals will earn thru btc it will reduced the unemployment in which the most common problem of all communities and nations that if they are now all earning it will increase the purchasing power of the individuals in which it will help their economy grow, better and overcome the poverty with faith and hardwork.

dharnamonitor

full member

Activity: 448

Merit: 100

★Bitvest.io★ Play Plinko or Invest!

Quote from: RajaJudi on November 21, 2017, 12:14:58 PM

Quote from: Allan Ramanda on November 21, 2017, 08:25:41 AM

of course bitcoin can help all people. because with bitcoin everybody can do transactions and can send coin wherever they want. and the logic alone, if everyone can benefit from here, means bitcoin can help the community.

I do not think that bitcoin is helping the community like it used to anymore. As you can see, the price of bitcoin is very high and people just want to hold bitcoin and do nothing. Moreover, the fee of every transaction is extremely high. Transactions with normal fee are even stuck in the blockchain without any confirmation. Bitcoin is not as good as it used to and because of that fact, it is somehow do not help the community

Yes, only those people who are capable of buying bitcoins these days can earn profit from it. It's not like before that anyone can buy it regardless of money they had though you can still invest your money on it these days but you'll receive only a small fraction of it. There are still ways to earn bitcoins for free, they should just have to explore like what I did.

reamlady

newbie

Activity: 11

Merit: 0

Bitcoin is exceptionally relevant especially to our community, however, on the perception for a whole community outside the industry, it is a little unlikely.

JohnWick_Bitcoin

member

Activity: 308

Merit: 10

Yes bitcoin can give a big help to the community ..to those unemployed it gives big opportunity to have a source of income even staying at home only..in that way there will be no more standby or people sitting down along the streets doing nothing and this is a very good idea and gives more life to people making lives better in the future

katrimans

hero member

Activity: 882

Merit: 500

Quote from: RajaJudi on November 21, 2017, 12:14:58 PM

Quote from: Allan Ramanda on November 21, 2017, 08:25:41 AM

of course bitcoin can help all people. because with bitcoin everybody can do transactions and can send coin wherever they want. and the logic alone, if everyone can benefit from here, means bitcoin can help the community.

I do not think that bitcoin is helping the community like it used to anymore. As you can see, the price of bitcoin is very high and people just want to hold bitcoin and do nothing. Moreover, the fee of every transaction is extremely high. Transactions with normal fee are even stuck in the blockchain without any confirmation. Bitcoin is not as good as it used to and because of that fact, it is somehow do not help the community

Bitcoin is the mother of all coins as it is he first crypto currency and is one of the most valued in all of the crypto currency in todays world. Bitcoin has also become a center of all the currency’s as most of the earned currency are once converted to bitcoin. Bitcoin also has a very high profit rate which other currency do not have.

Most of the currency creators get their inspiration from bitcoin and by looking at its success in the crypto world. It has made its monopoly in the digital coin or currency world and will remain at the top.

kkukkugaga

member

Activity: 238

Merit: 10

Hello World!

Btc is widely known right now. Many users got chance to exchange their btc to money which helps them. We know the fact that people needs money everyday. If some people who doesn't have work but join btc, then they will surely earn money. Btc can help people and community.

nagatraju

hero member

Activity: 672

Merit: 500

on the one hand, there is a possibility to earn well and many people will start to learn and make money, get new acquaintances and companies...on the other hand it can contribute to increasing fraud...but there is no thin without good

cizatext

member

Activity: 952

Merit: 41

Bitcoin has the capacity to transforme any country economy and bring lasting development in any country most especially the 3rd world country where the is high rate of underdevelopment. But this can be done when the countries get fully involves in bitcoin by legalizing bitcoin and encourage the use of bitcoin in they society. And also drive a means of proper taxation of bitcoin and utilizing it well.

portotoi

full member

Activity: 280

Merit: 101

Blockchain with a Purpose

bitcoin can help the community by its own feature, and that is the decentralization. This feature, bitcoin can help the every transactions of the person to be secure and faster with no hassle.

FoxTheHuman

full member

Activity: 238

Merit: 100

There are a lot of people who have become wealthy thanks to bitcoin, which are bitcoins that have made it possible for all traders.

MOTHIT

member

Activity: 98

Merit: 10

Actually I was frustrated with my low paid day job and I need some part time job for additional income. My friend who left his job and he is doing bitcoin only that also in very comfort level he is the one introduce me bitcoin as of now I have confident that I will be achieving more and more nothing going to stop me from growing. This is how bitcoin helping the community to grow with financial requirement.

Nanot

member

Activity: 266

Merit: 10

Quote from: Jmmerquita on August 06, 2017, 01:35:46 PM

Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.

Bitcoin can help other country when it is ligalize to them because bitcoin was promoting economical progress through increasing a bitcoin currency price that started to make sure the wealth of the nations.

dammang

member

Activity: 168

Merit: 10

Quote from: Jmmerquita on August 06, 2017, 01:35:46 PM

Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.

yes it can help,those people has no job or stable job can make an extra income in the help of bitcoin

wxxyrqa

full member

Activity: 1372

Merit: 137

Quote from: Bohxz M4p4gm4h4l25 on November 27, 2017, 03:26:43 AM

Quote from: Jmmerquita on August 06, 2017, 01:35:46 PM

Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.

I think with the help of bitcoin if government has include a little amount of tax here, it will enable us to make and improve our public facilities and services for our own sakes , we can say that through bitcoin a better community will exist since the tax is design for own purpose of its country.

To date, I see real progress in the well-being of users of crypto-currencies. But this is only in the individual case, and not for the whole society.

Topic: how can bitcoin help the community? - page 31. (Read 14462 times)