how can bitcoin help the community? - page 58.

speem28

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Quote from: genocide on August 06, 2017, 05:18:56 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 can help the people in those countries especially the ones that do not have a stable job by giving them the chance and opportunity to earn for a living online. It can serve as an aid for unemployment and an alternative way of having a regular income just by staying at home.

You are partly correct in what you said about income but, bitcoin can't give you a regular income tho. Yes it's true that bitcoin can help those who are unemployed in a specific community to have a way or opportunity to earn a decent amount for themselves online but, we just can't depend on bitcoin alone. It's volatility is a big problem for us so we can't expect that every time we earn bitcoin in campaigns or where ever we earn, we can't be sure that the price of bitcoin that time will be favorable for us.

Jewell

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Quote from: Proton2233 on August 12, 2017, 12:43:59 PM

I hope that in the future bitcoin will have a big impact on the economy of all countries. This will have an impact not only on the community but also will help all people. Bitcoin will force governments to develop a mechanism for more equitable distribution of income.

think
that is right that bitcoin will be more helpful for the community. i think that bitcoin is already providing such a good opportunities to the people to make money. they can even earn bitcoin and money without any investment, for example they can earn money through signature campaign without any investment

CryptoBry

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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 don't think that Bitcoin in itself would directly helped a third world country from the continuing effects of poverty, deprivation, sickness and lack of education unless of course there can be a way to channel funds through Bitcoin to people and families in these countries who direly need the money. In that way, Bitcoin can be of immense help.

Bit what can help these countries is the technology behind Bitcoin which is the blockchain technology as it can be applied to any industry and many projects can be enhanced using it. There are now many ways that blockchain can improve the delivery of healthcare, agriculture and microfinance...and these can have big impacts in third-world countries.

zurc

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Bitcoin helps the 3rd world country especially the unemployed people giving them opportunity to work online at home. Here in my country which is Philippines, a lot of people here uses bitcoin as their work to help their family because so many people here don't have a job, and even students use it too, to support their daily allowance in school.

Jewell

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Quote from: jualidbitmixer on August 12, 2017, 10:13:42 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 can provide a job for jobless people on that countries. I mean some people who are jobless can earn money/bitcoin so they can earn a living and they can decrease the jobless rate on that countries too. It's still better than don't have any job though. I think bitcoin have a good effect into that country but not in direct ways.

yes that is right that it can at least give them so profit and can give them some relief but i think even helpful for those people who are relatively getting less income from their job, they can get additional income from trading bitcoin or any other altcoin.

cotton ball

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Quote from: jualidbitmixer on August 12, 2017, 10:13:42 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 can provide a job for jobless people on that countries. I mean some people who are jobless can earn money/bitcoin so they can earn a living and they can decrease the jobless rate on that countries too. It's still better than don't have any job though. I think bitcoin have a good effect into that country but not in direct ways.

I live in a third world country, our capital in the community is intention and strong will and our country coincidence does not regard bitcoin as something illegal, no problem so far because the internet is also included in the category fast and affordable even by middle to lower class.

jualidbitmixer

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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 provide a job for jobless people on that countries. I mean some people who are jobless can earn money/bitcoin so they can earn a living and they can decrease the jobless rate on that countries too. It's still better than don't have any job though. I think bitcoin have a good effect into that country but not in direct ways.

Barbarian

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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 the whole world by being a currency that does not steal from you, fiat is a currency that can be printed at will and the inflation created by the governments affects you by stealing purchasing power, bitcoin on the other hand has low inflation and it is getting lower every four years and when we take into account the reevaluation in the price of bitcoin you have a coin that is a great store of value unlike fiat.

Ronaldcoin2017

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Quote from: Pearls Before Swine on August 12, 2017, 03:39:43 PM

Main thing I can see is that bitcoin allows poor people to earn small amounts of it through things
like sig campaigns, and those little amounts can become very valuable. So that's a way of
redistributing wealth. Don't get me started on whether they should actually be in campaigns,
as I have a very dim view on that subject. But the concept holds true for programming jobs and
however else people can earn bitcoin. I'm not so sure 3rd worlders know what to do with money,
but at least it probably helps them eat.

yes i agree it really helps diff. Kinds of people who seriously work in it.bitcoin is the most simple and expensive way to ear profit.it is really a big help to peole to make profit and having a financial freedom.

Ronaldcoin2017

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Quote from: Pearls Before Swine on August 12, 2017, 03:39:43 PM

Main thing I can see is that bitcoin allows poor people to earn small amounts of it through things
like sig campaigns, and those little amounts can become very valuable. So that's a way of
redistributing wealth. Don't get me started on whether they should actually be in campaigns,
as I have a very dim view on that subject. But the concept holds true for programming jobs and
however else people can earn bitcoin. I'm not so sure 3rd worlders know what to do with money,
but at least it probably helps them eat.

yes i agree it really helps us all by making an extra income on it it to make manny people having a financial freedom.it really helps people who seriously work through it.

Pearls Before Swine

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Main thing I can see is that bitcoin allows poor people to earn small amounts of it through things
like sig campaigns, and those little amounts can become very valuable. So that's a way of
redistributing wealth. Don't get me started on whether they should actually be in campaigns,
as I have a very dim view on that subject. But the concept holds true for programming jobs and
however else people can earn bitcoin. I'm not so sure 3rd worlders know what to do with money,
but at least it probably helps them eat.

seraph_the_wise

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I think bitcoin and other cryptocurrencies are already helping communities worldwide in a big way. Specially in countries where the government-issued currency is unstable and fluctuates wildly, with capital controls and rampant inflation crushing one’s life savings.

In more developed countries, I see it also as a provider of infrastructure and token value for projects that benefit the community and are usually prone to centralized control. Examples range from P2P lending, time exchange, peer reviews and social income distribution.

Bezobraznike

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★Bitvest.io★ Play Plinko or Invest!

One more joke thread about how bitcoin help the community, it is same like you ask how can dollar, euro, or some other currency help the
community. There is only one way for this help, give the community as much as possible bitcoins/dollars/euros/other currency and with more
money community will be able to buy all necessary things for normal living, community will have enough money to provide same to all the
people. I can not see any other way in which bitcoin can help, correct me if I am wrong.

Proton2233

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I hope that in the future bitcoin will have a big impact on the economy of all countries. This will have an impact not only on the community but also will help all people. Bitcoin will force governments to develop a mechanism for more equitable distribution of income.

Vohoanghiep

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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.

Thanks to the constant changes made by Bitcoin, the forum has covered a lot of discussion topics around variation and price, as well as many other things. From there, help people on the forum have more information as well as experience on Bitcoin. They will be able to make more money from it

syaripudin

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This problem is not many people know about bitcoin. A bit of teaching about bitcoin to the community may be the beginning to do. If all is realized and many people know about bitcoin, I think bitcoin will be able to solve economic problems in society. But it will not be easy to explain about bitcoin. Because bitcoin is not like a physically visible fiat, bitcoin is a virtual currency that not everyone understands about the digital world. This will require a long process, until people really understand the digital.

Potato Chips

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Quote from: bhadz on August 12, 2017, 09:24:05 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.

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.

if people who are living in a third world country and are that poor, how can they avail an internet connection and a device to access bitcoin? if you can't access it,

there is no way it can be of any use to you. rich people are obviously few compared to the poors in most countries. bitcoin can be a help to someone but not everyone.

and again, bitcoins volatility is not a bad thing in fact its also the reason why the value is rising thus becoming a great investment as well as bringing more users.

Kronos21

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For residents of third-world bitcoin offers the opportunity to earn the same wages some people earn in developed countries. I agree that this is very important. Additionally, the bitcoin shows an example of a fair distribution of income. It cannot be given any other currency in the world.

Golftech

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Quote from: bhadz on August 12, 2017, 09:24:05 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.

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.

Kaller

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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.

Third world countries are riddled with income inequality, the likes of which is not seen anywhere else in the world.
Bitcoin allows you to control your own money, and also be somewhat anonymous about it.
Furthermore, the potential to multiply your money is very high which can allow you to escape extreme poverty.

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