Pages:
Author

Topic: how can bitcoin help the community? - page 51. (Read 14455 times)

member
Activity: 124
Merit: 10
September 04, 2017, 05:50:57 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 give's to all user's a extra income not only a extra but a high value of money. Bitcoin is more expensive because they have possibility of the user's of bitcoin is to become rich. And bitcoin it is the other way that can help to the people in the community by giving extra work,money help the every days needs of every one and bitcoin decreassing the number of unemployment or the people who needed a money.
full member
Activity: 406
Merit: 156
September 04, 2017, 01:07:01 PM
3rd world countries are the people happy the most with BTC/Crypto in general , since their countries don't allow posession of foreign currencies and therefore they can't buy goods from internet , so btc have solved a lot of problems for it's users from developping countries.
hero member
Activity: 1190
Merit: 541
September 04, 2017, 10:52:28 AM
It can be really helpful wih countries that have a large population.
Instead of going to the establishment to pay bills or even send money they could simply createa service that will be paid with bitcoin.
It is actually an easy way to do. But because of the bitcoin.price fluctuation they are afraid it will be a large risk to be taken.

It's depend on country's economy fundamental especially third world as far as I know , bitcoin has massive amount of value since bitcoin mostly convert into dollar
If they able to find the way to mine bitcoin, it will really helfull to fix their wealth / economic
Bitcoin mining is too complicated and difficult I think anyone living in the third world is better off trying to find a way to earn money through bitcoin, they can earn some money through signature campaigns and then start selling some digital products or they can sell their services instead.
I’ve  never done the mining kind of a thing, because I thought there is no need to do so, while I can find better options than it. Though, the true reason was that I had no money to start it,  so I went into searching for something much better, which I did got actually.
hero member
Activity: 910
Merit: 501
September 04, 2017, 02:36:27 AM
Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.
Actually I do not see bitcoin in a 3rd world country.
The people are poor, they need every cent. Why would they use a currency that has transaction fees when they can pay cash?
Lets see it realistic, when they open a business, they will not start to ship world wide immediatelly. They do business person to person.
Bitcoin might be a help for them, somewhen in the future, a decade maybe. Or two.
For the moment, they have other problems than adapting to a virtual currency.
full member
Activity: 448
Merit: 122
September 04, 2017, 02:10:25 AM
One of the features of 3rd world countries is high rate of unemployment and underemployment, and bitcoin will help in this two factors I have mentioned. One in the area of unemployment bitcoin can serve as the such of income to the employed youths in the 3rd world countries, and secondly in the area of underemployment bitcoin can serve as a such of extra income while on you daily job to help cope with high personal needs.
sr. member
Activity: 938
Merit: 256
September 04, 2017, 01:48:50 AM
The government might put a tax on btc if they want it to help in their country.
I think that's not good.

i agree , bitcoin should stay the way exactly what it is now
anyways bitcoin users are widely spread , bitcoin giving profit to their citizen is enough
atleast theyd be able to pay their rent and bills ,dine in some resto, buy groceries that include taxes
that the government would benefit

if with the payment of taxes that are obliged to bitcoin users and able to help the country's economy I think it does not matter, but what we regret today is a lot about the misappropriation of tax funds for the private of benefit of unscrupulous government officials.
full member
Activity: 730
Merit: 102
Trphy.io
September 04, 2017, 12:00:48 AM
The government might put a tax on btc if they want it to help in their country.
I think that's not good.

i agree , bitcoin should stay the way exactly what it is now
anyways bitcoin users are widely spread , bitcoin giving profit to their citizen is enough
atleast theyd be able to pay their rent and bills ,dine in some resto, buy groceries that include taxes
that the government would benefit
sr. member
Activity: 1792
Merit: 264
September 03, 2017, 11:56:45 PM
Bitcoin can be useful for the benefit of society, for example, if a person works abroad where they live, without having to bother transferring money to their family through a service that can reduce administrative costs. But with the ease of bitcoin making money transfers can be done without any large cut costs.
member
Activity: 269
Merit: 10
Decentralized Transportation Solution
September 03, 2017, 10:25:03 PM
Bitcoin helps our community in the way that all people are  allowed to use bitcoin and because of that people that having no proper jobs or exactly no job will lessen and give chance to earn money by the use of internet access.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
September 01, 2017, 03:24:45 PM
It can be really helpful wih countries that have a large population.
Instead of going to the establishment to pay bills or even send money they could simply createa service that will be paid with bitcoin.
It is actually an easy way to do. But because of the bitcoin.price fluctuation they are afraid it will be a large risk to be taken.

It's depend on country's economy fundamental especially third world as far as I know , bitcoin has massive amount of value since bitcoin mostly convert into dollar
If they able to find the way to mine bitcoin, it will really helfull to fix their wealth / economic
Bitcoin mining is too complicated and difficult I think anyone living in the third world is better off trying to find a way to earn money through bitcoin, they can earn some money through signature campaigns and then start selling some digital products or they can sell their services instead.
sr. member
Activity: 575
Merit: 250
September 01, 2017, 07:03:39 AM
Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.

The third world does not exist in any country, but it is present in every country, it grows outside the rule of law, and bitcoin is the one that is used for Transactions in the underworld.
hero member
Activity: 868
Merit: 506
September 01, 2017, 06:51:42 AM
It can be really helpful wih countries that have a large population.
Instead of going to the establishment to pay bills or even send money they could simply createa service that will be paid with bitcoin.
It is actually an easy way to do. But because of the bitcoin.price fluctuation they are afraid it will be a large risk to be taken.

It's depend on country's economy fundamental especially third world as far as I know , bitcoin has massive amount of value since bitcoin mostly convert into dollar
If they able to find the way to mine bitcoin, it will really helfull to fix their wealth / economic
Indeed! They would really take a sigh of relief when they will be mining bitcoins. Bitcoins are not going to ever make them regret their decisions of mining them out. They can surely change the state of their country’s economy by working with bitcoins. Third world countries should definitely work hard with bitcoins.
some third world country were already using bitcoin now, hope it will expand to help them more and help their neghbors too. Bitcoin is too good that it can be used by everyone, no matter where class they included.

I agree, I do know some people and a few of them are good friends of mine and they live in a third world country and they are into bitcoin and other cryptocurrencies too, in fact they started way ahead than I am so basically it does help a lot especially those who live in the 3rd world country, most of them say it helps them to pay their bills; not all bills but most of them.
hero member
Activity: 3038
Merit: 634
September 01, 2017, 06:31:15 AM
It can help communities and you had given an example with 3rd world countries.

But it can't help the community if the community itself isn't willing to get and ride with bitcoin's journey.

And also they need to have equipment first, computers, internet as we know not all the countries in 3rd world does have a good internet connection and knowledge in technology.

Yes, it can help the community by giving opportunities to the people.
full member
Activity: 700
Merit: 100
Proof-of-Stake Blockchain Network
September 01, 2017, 06:24:56 AM
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 community because no one have a job like student and homeless if the student know how to use computer and homeless know too they can earn bitcoin if they like and practice how to earn bitcoin and some people going rich because of bitcoin. How all people know bitcoin and all of them using bitcoin no one poor in the country.
full member
Activity: 630
Merit: 103
September 01, 2017, 06:18:19 AM
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 the community by donating some projetcs like chairs, table or anything than can be usable or maybe by sponsoring some charity events by of course by our bitcoin people who earned big. Doing this not only help the community but making the bitcoin more popular too.
hero member
Activity: 980
Merit: 506
September 01, 2017, 05:28:45 AM
Bitcoin will help many residents improve their financial situation and save them from having to make big purchases in cash. This is the currency of the future which will make the world much more convenient.
Bitcoin can also help people by allowing them to offer their products and services for bitcoin to the world without having to open a bank account, for many people in the third world it is impossible to open an account in a bank but they can create a bitcoin wallet at no cost.
Rightly said. Bitcoin wallet is one of the greatest facility which Bitcoin is providing. Bitcoin can help the community in much better way than it is helping the community now, if Bitcoin is accepted globally. If Bitcoin can manage to do so, then it can help us out in much convenient way.
member
Activity: 126
Merit: 11
One of a kind
August 31, 2017, 07:22:27 PM
Before bitcoin can help the community, the beneficiaries needs to be introduced first with what bitcoin is because they need to know where they are getting the help they're receiving. From there, once they have instill the knowledge thats the start making difference to what the community normally does. 
hero member
Activity: 2954
Merit: 796
August 31, 2017, 05:49:36 PM
It can be really helpful wih countries that have a large population.
Instead of going to the establishment to pay bills or even send money they could simply createa service that will be paid with bitcoin.
It is actually an easy way to do. But because of the bitcoin.price fluctuation they are afraid it will be a large risk to be taken.

It's depend on country's economy fundamental especially third world as far as I know , bitcoin has massive amount of value since bitcoin mostly convert into dollar
If they able to find the way to mine bitcoin, it will really helfull to fix their wealth / economic
Indeed! They would really take a sigh of relief when they will be mining bitcoins. Bitcoins are not going to ever make them regret their decisions of mining them out. They can surely change the state of their country’s economy by working with bitcoins. Third world countries should definitely work hard with bitcoins.
some third world country were already using bitcoin now, hope it will expand to help them more and help their neghbors too. Bitcoin is too good that it can be used by everyone, no matter where class they included.
hero member
Activity: 1022
Merit: 521
August 31, 2017, 05:11:05 PM
It can be really helpful wih countries that have a large population.
Instead of going to the establishment to pay bills or even send money they could simply createa service that will be paid with bitcoin.
It is actually an easy way to do. But because of the bitcoin.price fluctuation they are afraid it will be a large risk to be taken.

It's depend on country's economy fundamental especially third world as far as I know , bitcoin has massive amount of value since bitcoin mostly convert into dollar
If they able to find the way to mine bitcoin, it will really helfull to fix their wealth / economic
Indeed! They would really take a sigh of relief when they will be mining bitcoins. Bitcoins are not going to ever make them regret their decisions of mining them out. They can surely change the state of their country’s economy by working with bitcoins. Third world countries should definitely work hard with bitcoins.
hero member
Activity: 837
Merit: 500
August 31, 2017, 01:51:52 PM
Bitcoin does need the electricity and the Internet but you are wrong on your third point bitcoin does not need the financial system, bitcoin is a new parallel financial system, we do not know if it is going to replace the current financial system but I’m sure it does not need it.
That's right, bitcoin itself is a separate financial system; not only that, it's a purely financial system; all transactions are publicly displayed; very high security.

True some people do not really understand the reach of bitcoin, bitcoin is not only a currency, it is a lot more than that, with bitcoin you could live without using the financial system and their fiat, at the moment that is very hard to do but it is possible, and that is powerful.

At this moment since applications of btc werent that accessible yet it will not affect much the community but when one community adapts it, we can see their economic status is sustainable in living and can developed great postive impact on their communities.
Pages:
Jump to: