how can bitcoin help the community? - page 60.

noictib

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Quote from: Jmmerquita on August 06, 2017, 02:35:46 PM

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

Why you are thinking that volatility will be a reason for the bitcoin to not help much , here we should think in the positive ways about it .
If we will think about the bitcoin in volatile way then we can find that it is not bad but is a opportunity to make money .
I myself when get in touch then i thought that suppose i bought some coins and suddenly then price get down then what will happen , but actually when i made study in better way then found that it is more simple and best way to make money because at every down in the price , we need to buy because buying at low will make the after after the sudden increase .
So here in my opinion the bitcoin will be the mainstream in the world to Join the community of every category people and will make the people also grow economically .

gabmen

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Bitcoin gives chance for people to make money. Above amything this gives people something to spend for their needs. That itself is already a big help to any person in a community if they would just give time to understand and study btc. Its a lot of opportunities that btc provides.

johanesrobin

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Bitcoin has been accepted by the world community, the proof of bitcoin prices has increased from 2017. Some countries have legalized bitcoin like India. Because bitcoin contributes to improving people's economy.

Quietman

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While it is bitcoin is changing lives of many individual it will also somehow help the community. The change in the community starts by changing a person. If there will be one person per family who knows and uses bitcoin, it will definitely help increase the economic status of every family and the community as a whole.

sheldonnnn

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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.

malikusama

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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.

farhaan

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Quote from: Jmmerquita on August 06, 2017, 02:35:46 PM

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

People working from third world countries abroad could send their hard earned money to their countries in bitcoins at a very low fee so that over all a huge amount is saved from being paid for remittance fee.Unemployed people from third world cuntries also get equal new opportunities of earning in bitcoins and so it would improve their standard of living which in turn increases their country's economy.

hahay

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Quote from: Jmmerquita on August 06, 2017, 02:35:46 PM

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

Because it has a fluctuating value that bitcoin users can getting benefit. If the community can benefit from bitcoin, that means bitcoin can indeed help the community in terms of economy etc.

BingoDog

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I beleive that bitocin could help to reduce poverty in 3rd world countries but the problem is that in these countries people have limted access to Internet and new technologies, not enough knowledge and many of them haven't even heard about bitcoin. First these things should be solved and it could be done with some efforts and thus help people in such countries to have better life. But this is not easy process and takes time and in some cases also political will.

danjonbit

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Quote from: Jmmerquita on August 06, 2017, 02:35:46 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 really helps to everyone, if you know how to handle it, bitcoin will surely help to the community wherever it is and provide some income for all if you have knowledge on it, so the way we can help or bitcoin can help is to provide knowledge on how it works, what it is and etc., just my opinion.

CyberKuro

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Quote from: Jmmerquita on August 06, 2017, 02:35:46 PM

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

The question is > how community help to develop bitcoin to gain mass adoption? not how bitcoin help the community because it just a digital currency.
We need to spread the words about the advantages of bitcoin all over the world, get more adopters, more retailers, merchants, business and companies to accept bitcoin payment. Especially in 3rd world country have to find a way to earn bitcoin, if more people use it and the value increase, then holding 1BTC mean a lot of amount for daily expenses.

xuan87

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Bitcoin is not limited to be used as currency but also can be used as investment, as a currency Bitcoin can be used as global currency it will make the transactions easier and then Bitcoin also can provide a new job opportunities and new business opportunities

iamTom123

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As of now, Bitcoin can be used for the transfer of funds to communities that direly need money. I think I have read a news on this when a humanitarian organization experimented in using Bitcoin to transfer funds to families in a conflict zone in a Middle East country and it was really successful.

There are so many ideas to be of big help to communities. Bitcoin can be used to spur developmental works so we are not just giving people fish but also teaching them how to stand on their feet again or should we say get them to know how to fish themselves.

By the time that Bitcoin can go mainstream, there are so many ideas that can be funded with the use of Bitcoin. I am sure that charitable institutions would be interested to use this cryptocurrency if more and more people would be adopting and using it everyday not just to speculate like what is happening now.

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Quote from: Jmmerquita on August 06, 2017, 02:35:46 PM

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

To those country that have an access to the internet, may be helped by bitcoin. Their transactions will be faster than before and can help others to have a job online at home only. It will be the strategy of others on how they will value bitcoin so that they will achieve and earn what they need

SushiMonster

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The government might put a tax on btc if they want it to help in their country.
I think that's not good.

masterwakokok7

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Quote from: genocide on August 06, 2017, 06:18:56 PM

Quote from: Jmmerquita on August 06, 2017, 02:35:46 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.

Indeed 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.

genocide

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Quote from: Jmmerquita on August 06, 2017, 02:35:46 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.

alani123

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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.

Jmmerquita

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

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