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Topic: Is the existence of bitcoins a threat to jobs and national currencies? - page 14. (Read 3797 times)

jr. member
Activity: 173
Merit: 7
For me, existence of bitcoin is not a threat but a blessings that could give jobs to the increasing number of unemployed people and could help gain extra income to those who invest in bitcoin. I am not sure about the national currencies but perhaps in the far future, bitcoin will replace it.
hero member
Activity: 1274
Merit: 519
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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?
 

I don't think so. I actually think that it's quite the opposite. Since the onset of cryptocurrencies in the market, there have been so many people that benefited from it by gaining extra income coming from their ventures and investments. It has also been quite a driving force in the improvement of many economies in the market, since the income it puts in the local business sectors of each country where there are people venturing in the cryptocurrency market has increased in the past decade. Also, since the currency market is one of the booming markets around, I see cryptocurrencies more as a good increase in the competition and players that battle in the market.
full member
Activity: 364
Merit: 100
I think bitcoin does not threaten national finance. Because bitcoin is used for countries to make it easier to pay or invest. Whereas if we want to buy goods we still use national money, unless there is legality from bitcoin in that country. So concerns arise because the currency that has become the world currency will be replaced by bitcoin.
sr. member
Activity: 423
Merit: 250
I think that everything that is now will move to crypto-currencies. the state will also develop its own cryptocurrency. so everything will be fine for everyone
newbie
Activity: 2
Merit: 0
Crypto is not guaranteed to last forever. I will not take the risk of loosing my job for it.
full member
Activity: 560
Merit: 100
In my opinion, bitcoin will not threaten anyone. Bitcoin will not threaten national fiat currencies and bitcoin does not threaten our work. If we choose to work on bitcoin then it's not wrong. I think that bitcoin threatens the national fiat currency only issue. Those who make the issue are only people who want to make hostilities between pro-bitcoin and pro fiat currencies. We must be open with the arrival of bitcoin because bitcoin presents different technologies from fiat currencies so that the two of them cannot replace each other.
newbie
Activity: 4
Merit: 0
No, it is not going to have any major effect on the jobs. It is not about easy money for all.
newbie
Activity: 5
Merit: 0
I do not think that people will leave their professions for crypto. Society will collapse if this happens.
full member
Activity: 630
Merit: 102
Wise investors do not just invest in cryptocurrency and go to bed without doing anything in their life again. Money gotten from cryptocurrency is giving us opportunity to use it and expand our business and career. I know we all have passion for one career or the other. We need to use the money and make impact in our society through our business empire.
full member
Activity: 344
Merit: 100
I do not think so. The existence of bitcoin is not a threat to employment or national currency. The existence of bitcoin is helping to improve a country's economy. And help make finances better than before. That is my opinion.
newbie
Activity: 2
Merit: 0
In some countries this might be a problem. For instance, in some countries salaries may be less than what is paid in bounties here.
newbie
Activity: 98
Merit: 0
The existence of bitcoin cannot eradicate job, career and professionalism in any nation. Money cannot solve the problem it is not the money attach to our job that matters but it is inner satisfaction we have for contributing to humanity that keep most people on their job.
In the near future, I think not. The market of crypto-currency is too young, the legal side of the issue is too unsettled, the informational content of the population is too low. But I believe in bitcoin!
newbie
Activity: 8
Merit: 0
There is certainly some threat towards job but to national currencies maybe not. For example, USD is still needed to act as an indicator for any Cryptocurrency for its value.
newbie
Activity: 191
Merit: 0
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?
 


Bitcoin is also the one type of something to be changed like climate change but here in the certain situation is through digital hi-technology process that brings to people like us into conveniently processed and fastest procedure to some other transaction that we need to do. We believed that in the near future bitcoin is our primary use to processe all of our transaction every day in life.
newbie
Activity: 70
Merit: 0
Bitcoin brought even more jobs in crypto world. Those who used to work for few bitcoins few years ago are now in good money.
newbie
Activity: 107
Merit: 0
Actually I don't think so, this crypto world is highly volatile and I don't think there's much people who quit their jobs to do this full time.

we go to school and had educated to get a good job and they turned to btc as their other source of income.many people got invest this kind of job.
newbie
Activity: 70
Merit: 0
No, and a lot of people accept that because of bitcoin they are now able to earn money because they are refused by many job source and i am one of them. Then how could it become a threat.
member
Activity: 336
Merit: 10
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?
 

I do not think that most people will have such thinking like that. Bitcoin may seem like an enemy to regular jobs but still, with a clear thought and critical thinking, we should end up in the same page:regular jobs are indeed needed for the econmy to grow and bitcoin should be an alternative way of making more income.
newbie
Activity: 56
Merit: 0
I am not completely indeed over national currencies Anyhow danger for employment is absolutely conceivable to happen. Really it may be happening right Notwithstanding in the current situation. I've referred to a considerable measure from claiming individuals who left their standard work coz they need aid officially procuring to such an extent cash here contrast with upon what amount of they earned with respect to their employment.
sr. member
Activity: 434
Merit: 250
If you think bitcoin will make everyone really wealthy then you can accept that it might be a threat to jobs or national currencies. But bitcoin’s job is not that making people extremely wealthy. We see it as an asset but in the end it’s a digital currency. So in my eyes it’s not a threat for national currency.
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