Topic: Is the existence of bitcoins a threat to jobs and national currencies? (Read 3806 times)
November 13, 2018, 05:04:20 PM
With the unemployment rate that exists in my country, the opportunity to earn on cryptocurrency is for many people salvation from poverty. And with respect to national currencies, it seems to me that only those who are rapidly losing their value as a result of inflation can suffer.
November 13, 2018, 04:55:22 PM
I don't see why it should be a threat to jobs. If anything, bitcoin can even create more jobs.
November 13, 2018, 02:53:14 PM
On the contrary, I believe that bitcoin will become a very useful tool for organizations, individuals and nations to improve their economic and financial processes through fast, secure and efficient transactions. All this will imply significant improvements for all sectors involved in the current economy, and although I am not sure that this is enough to generate new sources of employment, I am convinced that any technological improvement with the scope of the blockchain will sooner or later impact in a beneficial way to the whole society.
November 13, 2018, 12:27:01 PM
We all know how powerful bitcoins are especially in financial terms. Having one makes you feel like a newly-crowned king ready for his throne and lux. Its value and essence is something that we cannot just ignore, resulting for some people relying on these 'God-given grace' instead of working hard and gaining the money that their own country uses. Some thought that it would be better off to have bitcoins and convert it into any kind of currency rather than to get a job and earn some thing. What do you think? Will bitcoin be able to eclipse the existence of national currencies in the near future?
Trait to job is a most likely scenario to happen in this situation as most of the man power job description will be automated and control by AI (Artificial Intelligence)
November 13, 2018, 12:26:02 PM
I do not think Bitcoin's existence jobs and national currencies are no threat. Because Bitcoin is a crypto currency. There is no harm to national currencies by using crypto currency. And in Bitcoin we can earn money by working at any time. There will be no threat to jobs.
November 13, 2018, 11:44:39 AM
In my opinion, bitcoin does not threaten jobs and national currencies. All depends on us how we want to respond and look. If we look at the potential of the future of bitcoin and the positive side then bitcoin is more of an opportunity than a threat but when we see more losses and disadvantages of bitcoin then we only see bitcoin as a threat. I predict if the governments of all countries give legal status to bitcoin then bitcoin will change the economic situation for the better. We must put a positive view on this so that the results are also positive. Bitcoin will not threaten fiat currencies but bitcoin will complement the function of fiat currency. Bitcoin will perfect that cannot be done with fiat currencies.
November 14, 2018, 03:03:01 AM
I do not know the number of people who know about and use bitcoin in your country. But generally I do not think and will hardly agree that bitcoin will ever be a threat to national currencies. In the worse case, I see them to coexist with one another depending on the users. In my country for instance a lot of people can neither read nor write. So how will they exist use bitcoin.
November 14, 2018, 02:41:00 AM
I think that when everyone accepts Crypto, Bitcoin and Fiat will coexist in parallel. Bitcoin is not a threat to employment and national currency. Bitcoin will make your life better.
November 14, 2018, 02:33:57 AM
So do you think stocks are a threat to employment? Because everyone can invest in stocks and wait for it to rise, there is no need for a job. It's ridiculous because everyone wants to profit, why do not you think about the risks that it brings, and you can fail and need a job?
Bitcoin will not be a threat to fiat money, because the segments are different. If bitcoin can operate if there is an internet and has sufficient knowledge in its use, fiat money can be used because it is very easy. Moreover, the presence of bitcoin does not interfere with work carried out conventionally. November 14, 2018, 01:39:39 AM
I don't think Bitcoin has the potential to completely rid countries of their national currencies or jobs, because usually each national currency is based off of the national market. Right now there is too much variation in the markets of these countries around the globe to successfully establish a way to completely do away with jobs and currencies, and it would take a significant change in the global market for that possibility to truly become an option.
November 13, 2018, 09:07:59 PM
In reallity, for me having bicoins is really helpful for those who need work as a partime support and it also works with online job makers. and in our country bitcoin is a popular currencies and is acceptable by the government and is now used by exchanger a coins.ph as a local bitcoin currencies. about the national currency I'm not sure there but if what i know that bitcoin is acceptable to us as a local bitcoin.
November 13, 2018, 08:11:27 PM
Hell no! How can Bitcoin pose threats to jobs and national currencies. In fact, Bitcoin does the otherwise. Bitcoin is created to bring a revolutionary uplift in the payment systems of businesses and in the end facilitate work productivity. Countries which integrate Bitcoin enjoy the opportunity to experience a boost in the economy because with the Blockchain, there is creation of job opportunities and offering financial freedom to the people.
November 13, 2018, 08:01:45 PM
If you guys aren't aware, a lot of jobs have become very rare or obsolete in the past decades because of innovations that makes it a lot easier that we don't need anymore. A good example are those that are on the mail industry and toy makers. So it just prove that when a new disruptive tech exists, some jobs are really going to get removed partially or completely.
November 13, 2018, 07:28:54 PM
We all know how powerful bitcoins are especially in financial terms. Having one makes you feel like a newly-crowned king ready for his throne and lux. Its value and essence is something that we cannot just ignore, resulting for some people relying on these 'God-given grace' instead of working hard and gaining the money that their own country uses. Some thought that it would be better off to have bitcoins and convert it into any kind of currency rather than to get a job and earn some thing. What do you think? Will bitcoin be able to eclipse the existence of national currencies in the near future?
Well, I do not think that Bitcoins are a threat to national jobs unless that all the people have access to high-speed internet and know about the market and a little bit of English language and of course that those people are earning little money. If that is the case then yes they will prefer to earn Bitcoin or any other cryptocurrencies or Dollars or Euros and for sure will abandon their jobs to work as a freelancer or something through the internet. (India is a good example of this)
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
November 13, 2018, 07:06:20 PM
We both know Bitcoin is not a threat to jobs and national currencies but in the sight of selfish political leader is threat to their power which why they switch words by saying Bitcoin is a threat national currencies because bitcoin pave way for people liberation.
November 13, 2018, 06:46:53 PM
I never thought like that. I don't think the existence of bitcoin will be a threat to jobs and fiat currencies. one bitcoin won't be able to make someone like a king, I think that's a funny thought. everyone is active with national currencies, and bitcoin is a digital transaction tool, which uses bitcoin also accompanied by technologies such as the internet. and we know that there are still many people who cannot take advantage of the technology that exists today. so it is very unlikely if bitcoin becomes a threat to the national currency in the near future. and for someone who wants to take advantage of free time, they can seek additional income with bitcoin. because bitcoin can be a part-time job, without interrupting existing jobs. with bitcoin they can make their lives better. I think bitcoin is also not a threat to work.
November 13, 2018, 09:30:41 AM
Yes it is, Bitcoin has open so many doors of opportunity to people.
Some are choosing to have BTC and its nature of how to earn.
National currencies are in big troubles as the FIAT world is in debt.
BITCOIN will not cause much trouble but to help every nation to stand again.
Some are choosing to have BTC and its nature of how to earn.
National currencies are in big troubles as the FIAT world is in debt.
BITCOIN will not cause much trouble but to help every nation to stand again.
Just like in Venezuela... at least people can be feed with crypto on the act.
October 13, 2018, 12:19:58 PM
Yes it is, Bitcoin has open so many doors of opportunity to people.
Some are choosing to have BTC and its nature of how to earn.
National currencies are in big troubles as the FIAT world is in debt.
BITCOIN will not cause much trouble but to help every nation to stand again.
Some are choosing to have BTC and its nature of how to earn.
National currencies are in big troubles as the FIAT world is in debt.
BITCOIN will not cause much trouble but to help every nation to stand again.
October 13, 2018, 12:09:35 PM
I am not sure if bitcoins becomes threat to national currencies,Because in the near future Bitcoin is difficult to obtain the features of cash, it is very difficult for governments to accept, the number of places where Bitcoin can be used for transactions is very small in the world.
October 11, 2018, 09:33:25 PM
We all know how powerful bitcoins are especially in financial terms. Having one makes you feel like a newly-crowned king ready for his throne and lux. Its value and essence is something that we cannot just ignore, resulting for some people relying on these 'God-given grace' instead of working hard and gaining the money that their own country uses. Some thought that it would be better off to have bitcoins and convert it into any kind of currency rather than to get a job and earn some thing. What do you think? Will bitcoin be able to eclipse the existence of national currencies in the near future?
Probably yes if bitcoin starts to stabilize and be cheap enough to be used by anyone. With that in mind, anyone should be able to have access to bitcoins first before they can even kick-out national currencies available per country. But as of now, bitcoins are far from ever achieving this.
Jump to: