Topic: how can bitcoin help the community? - page 6. (Read 14458 times)
Bitcoin and other cryptocurrencies offer many opportunities that can help these disadvantaged individuals, communities, and countries. These technologies have the potential to help the poor by reducing excessive remittance fees, giving greater access to financial institutions, combating inflation and perhaps even helping to end corruption. While upper-middle class, western cybergeeeks might be the strongest supporters of cryptocurrencies, there is tremendous potential for the poor and marginalized of the world to also see benefits from these technologies.
The Community are being helped when many individuals living standard had tremendously improved through Bitcoin activities. More so, A country with Economic stability that accepted the etiquette of Bitcoin can be effectively be free from outrageous and unscrupulous middle men activities since Bitcoin are decetralized. Also, on line insecurity inducement are efficiently checkmated.
Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.
Bitcoin are really helpful in our community although ±30% of population all over the world know this. Such as it helps people with permanent job, either they are unemployed or underemployed. In Bitcoin They can really earn money using their computers and phones even other gadgets though they are in home. That's why bitcoin can decrease the ratings of people without jobs and people that can't earn money. This is the example on how bitcoin helps our community.
Arlette Foxsparkle
Isn't bitcoin help to community? People without skills reciving job and money, we are becoming independent from taxes and expencive transactions all over the world.
For me bitcoin is a big help in our community its like having a simple sideline, when you get bored you can view your account or any vacant time. Its very helpful in every individuals.
Yes we can use bitcoin anytime it gives us profit and it makes us earn huge profit, we can make bitcoin investment any time which means bitcoin has huge potential to give us profit anytime, those who buy bitcoin at right time are the luckiest people ever, as today bitcoin is very expensive but we will have to store bitcoin for the long time, in my place there are 50% of people are making some business with bitcoin and remaining 50% people are generating free money from bitcoin, so it made our community famous and it made it better now for more profit.
BTC creates more jobs to the community such as exchanges service, e-commerce, payment channels, etc.
For me bitcoin is a big help in our community its like having a simple sideline, when you get bored you can view your account or any vacant time. Its very helpful in every individuals.
Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.
Do not need to listen to negative news about bitcoin and blockchein. Believe and distribute only positive news, use it for payment (if possible). This is all that we can do to ensure that bitcoin grows and develops. Without our faith in him, he can not exist.
Bitcoin won't be like a currency money, because noone of goverments can't control it. It won't be useful for politics, presidents and other highest persons, because thay have not any influance on it, and because of this the bitcoin is uncontrolled.
Yes bitcoin can help the community. What kind of help do you mean in the community? It can help to minimize the main problem in a community by reducing poverty. It can helps to reduce the cost of saving money and not to give the interest. Its also help the foreign people who sent their remittance. Its take a lot of money to send their earn money to home. If they able to send their remittance its will be great help and save a lot of money.
It will not possible if the people don’t know about Bitcoin. It will possible if the people know this process and take it as traditional transaction. Than its will possible to removing property by involving lot of manpower.
It will not possible if the people don’t know about Bitcoin. It will possible if the people know this process and take it as traditional transaction. Than its will possible to removing property by involving lot of manpower.
Bitcoin has helped many people to earn profit and additional income, for those who have time online then by following the bounties or giveaway then they can get additional income, in addition to giveaway of course if you have the capital can trade so that can double bitcoin in a short time.
Bitcoin is a Big help in our community and to the world as well... I can tell that because in some country the banking system there, even for intra-country banking services, is truly atrocious. Most people are unbanked because of the local banks' untrustworthiness, low quality service, and inaccessibility.In some countries, there is a total failure of national institutions due to corruption and incompetence. Since bitcoin makes you your own bank, many of the institutional deficiencies in developing countries could be short-circuited. Many of the services in more countries that work best do so because of market forces and individual entrepreneurialism: in the teeth of rent-seeking government officials.In addition to its role in liberating users from entrenched local institutions, Bitcoin also has enormous potential in cross border money transfers. Sending money internationally, right now, is criminally expensive and slow. You can pay a massive fraction of your total to send money abroad. This amounts to many billions of dollars a year in fees to money transmitters. It is also noteworthy that these revenues, every year, are many multiples of Bitcoin's current market cap.Besides the cheaper transmission costs, Bitcoin also delivers in that it allows an escape for people behind dictatorial currency control regimes. This is hard to imagine from the other country, but in many countries, currency movements are closely controlled and regulated. Whereas market forces may dictate a certain exchange rate, many governments simply enforce, with guns, another one. This leads to massive inefficiencies. Since bitcoin transcends all borders, it threatens governments' abilities to restrict the free flow of currency. These problems, corruption, lack of property rights and banking, currency manipulation, and illiquid money, are many of the factors holding back the developing world.
Bitcoin could help the community especially with those people who doesn’t have stable job and their salary isn’t that enough to provide the needs of their family by just using an internet, this would be make their lives i think a bit easier to save and earn money without so much using energy.
Crypto currencies and especially bitcoin really helps alot of people especially to those unemployed,Bitcoin gives a chance or an opportunity for them to be able to earn and make this as their permanent job.
Well i agree with you bitcoin can totally help the community by reducing unemployed people all over the world and i am sure that when bitcoin became more popular, there so many people who can have a better future with bitcoin, and bitcoin can help the community by helping a lot of people to make many profit by only investing on the cryptocurrency.
The presence of bitcoin makes many people feel the same benefits, they are helped because it can get extra earn by various ways such as mining, trading or joining the bounty program in this forum, we must think positively with the future bitcoin so the bitcoin development continues to improve.
bitcoin will be beneficial for all circles and greatly help the economy to become an advanced developing country bitcoin can help because this technology for all global circles so depends on who plays bitcoin.
Bitcoins can help people in backward countries or regions. In the area of education, transportation, medical and political freedom is the lack of bitcoin can improve the work efficiency, if can be applied to these areas that will be very effective, is a prerequisite for these countries or regions must do a good job in infrastructure construction, the first is the Internet
Bitcoin is still helping and providing new ways of earning to everybody who have an interest in it irrespective of rich or poor. Anyone can avail the opportunities of earning if they have access to Internet and work hard.
I think bitcoin help the community in a way that many were earn extra for there family. The extra income help each family to sustained there daily needs. Bitcoin open many opportunities for unemployed people. They were able to provide there family a better life because of bitcoin. Many of us here change there lives because of bitcoin. Hopefuly bitcoin well continue to grow so it may continue to help people. 
Crypto currencies and especially bitcoin really helps alot of people especially to those unemployed,Bitcoin gives a chance or an opportunity for them to be able to earn and make this as their permanent job.
No doubt that bitcoin has helped many things from individuals to communities, for those who frequently transact and use bank services to send money can then switch to bitcoins that prove safer, cheaper and certainly faster than sending money via western union or banks.
Yes,bitcoin can help the community by giving the society a oppurtunity so that,the population of there unemployment will be decrease.They can also give a program like business.They can give budget or a money to improve there community.And give job for those jobless.Bitcoin also is a way of earning a money. Jump to: