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Topic: how can bitcoin help the community? - page 56. (Read 14455 times)

hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
August 16, 2017, 02:32:18 AM
#99
Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.
Well there are many countries that has a big percentage of poor people and bitcoin might help them because bitcoin is like a job that you earn money by just using your computers or your phones. And i believe that bitcoin can help everyone in the community who is poor by using bitcoin as a job.
It will be difficult thing for the poor to use bitcoin as a job because if they are really poor then they can't afford an internet connect and also a device like computer and cellphone because they will rather choose to buy foods using their spare money rather than using it to have the things for a bitcoin job. So i don't think that bitcoin can literally help everyone.
newbie
Activity: 47
Merit: 0
August 16, 2017, 12:29:25 AM
#98
Sorry if someone already mentioned this - but one thing that I have heard is that there are full-blown "businesses' in some lesser developed countries where people will stand outside of cash dispensing locations (banks or other sources for transfer) and literally charge people some of the money that they just received. Literally armed people making you pay them for your own money. I am fortunate enough to be from a first world country where this would never happen, but the fact that this exists is an area where bitcoin transfers and the acceptance of bitcoin as a local currency can undermine these types of practices.
sr. member
Activity: 317
Merit: 251
August 15, 2017, 09:39:00 PM
#97
Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.
Well there are many countries that has a big percentage of poor people and bitcoin might help them because bitcoin is like a job that you earn money by just using your computers or your phones. And i believe that bitcoin can help everyone in the community who is poor by using bitcoin as a job.
sr. member
Activity: 532
Merit: 250
Presale is live!
August 15, 2017, 08:19:52 PM
#96
Well if everyone in the community is poor and invests in Bitcoin, even just $100, when the price goes up to $1,000,000 that $100 will be worth $25,000!!! So I think that is what they should do... what I recommend anyway!
sr. member
Activity: 1358
Merit: 253
August 15, 2017, 06:06:43 PM
#95
Many communities are helped by bitcoin, and this is a very practical digital age so that communities apart from time and space can still transact more easily because of bitcoin.
hero member
Activity: 907
Merit: 500
August 15, 2017, 04:49:04 PM
#94
Bitcoin is volatile. Bitcoin could only help the community by means of spreading the good effect of it for people. Thus, there are people much prefer in bitcoin .
Yes bitcoin spreading the good effect on environment and make its users to help other like I read the post on trading discussion, I person say that “it is my dream to build a school by bitcoin profit for poor children who do not have enough money to pay expenses” well I think it is the good effect on community, so join hands with these kind of people then it will be more better for our community.
hero member
Activity: 560
Merit: 500
August 15, 2017, 02:22:45 PM
#93
Being volatile does not change that bitcoin is still the fastest way of sending money abroad for your personal and family payments. Instead of paypal, bitcoin looks more efficient for these kind of transactions.
You are right since bitcoin does not need verifications to be used to send payments and irreversible while paypal transactions are irreversible making one more prone to scams. Bitcoin can help the community by lessening the hassle of paying online. Besides it bitcoin helps in sending money to someone far away since bitcoin would remove the need to go to remittance centers when one needed to send someone far away some money.
full member
Activity: 172
Merit: 100
August 15, 2017, 12:14:24 PM
#92
Bitcoin is volatile. Bitcoin could only help the community by means of spreading the good effect of it for people. Thus, there are people much prefer in bitcoin .
Bitcoin help the community by giving opportunity to anyone that could earned money. In bitcoin this could use as payment online with fastest transaction without hassle to a user. Actually there are a lot of benefits that could help to a users so by these things these relally could help the community.
If you are people usually need use other transfer money from your country to other country on the wolrd's, you will understand the interesting of Bitcoin and it very useful for helps you this issue. Because not need more time or confirm your money before starting transfer.

Being volatile does not change that bitcoin is still the fastest way of sending money abroad for your personal and family payments. Instead of paypal, bitcoin looks more efficient for these kind of transactions.
legendary
Activity: 910
Merit: 1001
Revolutionizing Brokerage of Personal Data
August 15, 2017, 12:09:05 PM
#91
Bitcoin is volatile. Bitcoin could only help the community by means of spreading the good effect of it for people. Thus, there are people much prefer in bitcoin .
Bitcoin help the community by giving opportunity to anyone that could earned money. In bitcoin this could use as payment online with fastest transaction without hassle to a user. Actually there are a lot of benefits that could help to a users so by these things these relally could help the community.
If you are people usually need use other transfer money from your country to other country on the wolrd's, you will understand the interesting of Bitcoin and it very useful for helps you this issue. Because not need more time or confirm your money before starting transfer.
sr. member
Activity: 423
Merit: 250
August 15, 2017, 11:47:23 AM
#90
Bitcoin could be useful in allowing direct transfers from user to user but for such a feature to be utilized there would need to be basic infrastructure like electricity and internet. If third world countries start having those then there could be a leapfrog to bitcoin.
It is true that Bitcoin can serve as a good option on transaction along transfers of money on one users to another. It can be a good reason or can result for a more faster and reliable transaction on a community which can developed one economy state of a simple community to a bigger country. So if people will continue their support on Bitcoin no doubt that it may experience growth and progress to its price in the future serving a better way of transaction for all.
hero member
Activity: 826
Merit: 529
August 15, 2017, 11:21:24 AM
#89
Bitcoin has provided to the society a lot of opportunities to make money by joining with Bitcoin. here some better facilities to make a person affluent very comfortably. it reduces unemployment from the society. that is very important for the society. unemployment problem creates another anarchy situation in the society. the unemployed group of people is the burden for the society. Bitcoin is helping to manage some employment opportunity which brings peace in the society. so Bitcoin can be considered as a peace making tool in the society.
sr. member
Activity: 714
Merit: 250
August 15, 2017, 10:02:34 AM
#88
Bitcoin is volatile. Bitcoin could only help the community by means of spreading the good effect of it for people. Thus, there are people much prefer in bitcoin .
Bitcoin help the community by giving opportunity to anyone that could earned money. In bitcoin this could use as payment online with fastest transaction without hassle to a user. Actually there are a lot of benefits that could help to a users so by these things these relally could help the community.
member
Activity: 74
Merit: 10
August 15, 2017, 09:57:11 AM
#87
Bitcoin is volatile. Bitcoin could only help the community by means of spreading the good effect of it for people. Thus, there are people much prefer in bitcoin .
full member
Activity: 700
Merit: 117
August 15, 2017, 09:52:17 AM
#86
I think today bitcoin can be used by people in transactions. Make it easier for someone to buy goods. Without having to confuse the return of the transaction
Aside from that,It can help also to community by giving a chance to anyone to have extra income aside from their currenct job. In such a way, they can provide their needs and probably they can send their kids to the school.
hero member
Activity: 896
Merit: 514
August 15, 2017, 05:34:56 AM
#85
Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.
Volatility of Bitcoin should not be an issue of too much concern because its volatile nature has both negative and positive impact on the investment of the holders or investors. The volatile nature of bitcoin has more advantages as compared to its negative, effects except for those who sell out of panic. Bitcoin can help reduce poverty and unemployment in the 3rd World countries if some of their populace could get access to internet and utilize the investment opportunity here in this forum that bitcoin has created.
I am also of this opinion that volatile nature should be treated as an opportunity than a flaw.
Majority go for bitcoins when they dump, if they stop dumping how the new traders will grab them. The bitcoins will then remain confined to few people.
legendary
Activity: 1137
Merit: 1000
August 14, 2017, 06:07:35 AM
#84
Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.

It's very easy to identify on how bitcoin can help the community. Do you know on how poor the people who are living in 3rd world countries. Although not all of them are striving in the poverty line as there are still rich people on those places. Bitcoin can help their community in terms of transactions and providing people to have other source of income.
that's should be the focus making some information on how the third world can benefits from bitcoin aside from investment they also should learn
the sole purpose of bitcoin as they have some transactions that's needed to be done bitcoin can help them to lessen the hassle and to have lower
fees against the banks.
If there are third worlders that invested into Bitcoin at the earlier time, I believe by now they would have made it big. Though it’s true that it’s not all of them that knows about, only few third worlders knows about Bitcoin. So if there is a way to make them know about Bitcoin, it will very good, though it will quite hard this time cause of the price.
full member
Activity: 364
Merit: 106
August 14, 2017, 05:51:42 AM
#83
Bitcoin can completely change the structure of the world economy, and may be a regular pyramid. It all depends on how people will dispose of this wealth. Now I do not see that bitcoin had a major impact. At the moment he is more of a hobby for people than a weapon against the government.
sr. member
Activity: 511
Merit: 250
August 14, 2017, 05:14:02 AM
#82
I think today bitcoin can be used by people in transactions. Make it easier for someone to buy goods. Without having to confuse the return of the transaction
member
Activity: 84
Merit: 10
August 14, 2017, 03:47:35 AM
#81

 That it could help those people, especially in the countries, included or part of the 3rd world but it limits only to those "THAT HAS an ACCESS on THE INTERNET". Bitcoin, those people at least an opportunity to earn somehow. But to pertains as a regular income? I guess not, It will depend on how does that person penetrates the world of crypto. I think the way Bitcoin can help the community is that it could let that person learn more about the economics, in which it could open up a lot opportunity they could use in the future. have a good days and gl in youre life
legendary
Activity: 924
Merit: 1006
August 14, 2017, 03:15:06 AM
#80
Bitcoin able to grow if all element also support them include community since they are the first active troop that able to advertise bitcoin effectively
Without community , bitcoin can't expand so fast and popular like this moment
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