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Topic: Is the existence of bitcoins a threat to jobs and national currencies? - page 5. (Read 3806 times)

hero member
Activity: 3024
Merit: 614
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I don't think it's a threat all in fact they can integrate it and use the blockchain system I'm not hoping to see a country only using Bitcoin as their currency, no form of government will allow it, they can create their own but I doubt they will ever use Bitcoin, the best that we can see if they can co-exist.
full member
Activity: 770
Merit: 102
Many of us read some people finally leave their main jobs and focus on bitcoin, besides that many predictions that bitcoin will become a national currency. If you look at what is widely discussed, of course I think that the existence of bitcoin can threaten national jobs and currencies. But I am not sure that bitcoin is there, because what I know is that the presence of bitcoin is to give happiness to everyone and participate in the development and welfare of every nation and country in the world.
sr. member
Activity: 620
Merit: 250
Those who think that the existence of bitcoin is a threat to national jobs and currencies, should read more references to bitcoin and broaden their knowledge of bitcoin, as well as the functions and uses and purpose of bitcoin to be able to see more about the real existence of bitcoin. Because the existence of bitcoin can actually help economic growth and provide welfare for its users, and nothing is threatened with the presence of bitcoin to date, except those who always look negative about bitcoin and try to destroy bitcoin which always says the existence of bitcoin can be negative towards the state or society .
member
Activity: 159
Merit: 10
Bitcoin does not represent a threat to financial stability and can not "uproot" national markets, small scale and bitcoin fragmentation with the wider global financial system. is one of the key reasons economic experts are not worried. Although the bitcoin value has risen more than 1,000% this year, its total value is only a few hundred billion dollars, too small compared to the $ 80 trillion global currency market.
jr. member
Activity: 140
Merit: 1
Bitcoin is a very strong digital coin which now has a very large capitalization in the cryptocurrency market. But I think that it is not a threat to the national currency at the moment, as we still pay for the goods and use Fiat money. And what about jobs, and then who will work ?))
hero member
Activity: 1190
Merit: 500
No, the existence of bitcoin is not a threat to jobs and national currencies as it is also like a currency but it is digital and used as payment option like fiat in many countries and no threat to those countries job. It is in the growth stage and a lot of revolutions comes in it in the future as more and more countries moving towards this technology and it will create new jobs not a threat to old ones.
In my opinion, bitcoin is not a threat to the national currency because they have different uses and bitcoins can not be used for valid payment instruments. Maybe bitcoin can be used for legitimate payments in the future but the existence of national currency of each country also will not be displaced by it because bitcoin is the virtual currency
nope, bitcoin is not a threat to the jobs, it actually helps many unemployed people to get their new jobs. but in my opinion bitcoin can pose a threat to fiat and local currencies if bitcoin is not managed with the right regulations, because it is very likely that many people prefer bitcoin rather than local currency right?
sr. member
Activity: 812
Merit: 250
Not really. Since cryptocurrencies fluctuates, it would be really recommended not to depend on it and still have stable jobs for stable income. Also we use national currencies to buy cryptocurrencies.
For me Bitcoin existence is not hindrance for the job and national currencies because instead of become threat it become helpful to many people to have additional income especially of many users of cryptocurrency. Also once someone become part of crypto, he surely get a job and get earn. And if someone using cryptocurrency it means they only
grab the opportunity to get earn a lot.
full member
Activity: 391
Merit: 100
Not really. Since cryptocurrencies fluctuates, it would be really recommended not to depend on it and still have stable jobs for stable income. Also we use national currencies to buy cryptocurrencies.
sr. member
Activity: 770
Merit: 253
I like to earn with bitcoin and have extra money on it. but I will never give up my favorite job at University. Still, each person has a vocation that goes beyond the usual earning money.

As for the threat to the national currency, I am only for it to be completely replaced by bitcoin.
I don't think that it is a threat when in fact existence of bitcoin brings a job to the people so instead of thinking that way we should just set goals how we are going to become successful and can use crypto in every different way.
member
Activity: 406
Merit: 10
I like to earn with bitcoin and have extra money on it. but I will never give up my favorite job at University. Still, each person has a vocation that goes beyond the usual earning money.

As for the threat to the national currency, I am only for it to be completely replaced by bitcoin.
member
Activity: 378
Merit: 10
I think that bitcoin can be a great alternative for the national currency, but it can not replace it completely. And as for jobs, it's more of an absurd assumption. If everyone suddenly decides to make money on bitcoin, the planet simply will not develop.




full member
Activity: 602
Merit: 100
You are partly right, but in the world there are many people who like to engage in medicine, art, sports and any other human activities. Therefore, I think that bitcoin will only simplify our lives, but will not be a competitor for jobs.
hero member
Activity: 1078
Merit: 504
For national currencies..? May be its a threat because of the decentralization. But I dont understand why are you thinking it will be a threat to jobs.!! You wont get rich with 1 bitcoin, either you have to buy and hold for a long time or you have to trade. Otherwise you definitely need a job.
member
Activity: 160
Merit: 14
No, the existence of bitcoin is not a threat to national jobs and curreny, but bitcoin can be an additional income to make life better. Bitcoin is more likely to be used as an asset and used for investment, and that does't threaten the existence of a national currency.
I agree with you! Actualy bitcoin has helped them in ways! It can be an alternative way to earn money. Sometimes its better than your actual salary. Bitcoin is an ally ready to be harnessed, not a threat
copper member
Activity: 210
Merit: 1
Yes,bitcoin is a threat to jobs because you don't need middle man to do the transaction.
Bitcoin is poses threat to national currencies if it is adopted by the world of which we know that decentralization nature of bitcoin is one of the reason people like bitcoin.
From what I am seeing,a lot of bank workers might loose their jobs.I said this because many workers loose their jobs when computer is invented,meaning what 500 men can do in two weeks computer will do it in a day,and this made a lot of people to loose their jobs in almost all the sectors computer is used.
member
Activity: 364
Merit: 10
If someone asks me if the existence of bitcoins is a threat to jobs and national currencies, I will directly say 'no' to the answer. People know Bitcoin is an online platform where a job holder, a retailer, a trader or anyone; holding any business, can do with Bitcoin. None will have to quit his/her jobs to go on with bitcoins.
For a wise and cunning trader or job holder, bitcoin must be an extension and nothing else while it has no connection with leaving jobs or business. Therefore, the existence of bitcoins is not a threat to jobs and national currencies rather the extinction of bitcoins might be a threat.
member
Activity: 525
Merit: 10
No, the existence of bitcoin is not a threat to national jobs and curreny, but bitcoin can be an additional income to make life better. Bitcoin is more likely to be used as an asset and used for investment, and that does't threaten the existence of a national currency.
newbie
Activity: 145
Merit: 0
Its impossible it will never happen because every human being has their own potential and have their own skill to do job and not at all are interested to do it although in bitcoin it helps financial problems and also bitcoin never threat to national currency because every country have their own currency with rules and regulations.

Yes, it is very impossible to happen and cryptocurrencies and fiat currencies both have their own ways of use. Also people can have their ways and strategies to be able to earn both of it.
member
Activity: 336
Merit: 10
The existence of Bitcoin is not a threat to jobs and national currencies. This asset is designed to simplify the monetary system.
full member
Activity: 598
Merit: 100
Its impossible it will never happen because every human being has their own potential and have their own skill to do job and not at all are interested to do it although in bitcoin it helps financial problems and also bitcoin never threat to national currency because every country have their own currency with rules and regulations.
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