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Topic: Is the existence of bitcoins a threat to jobs and national currencies? - page 8. (Read 3797 times)

full member
Activity: 1099
Merit: 116
Bitcoin is the very important in the financial terms. Bitcoin is not a thread for both Jobs and National currency. Bitcoin will not destroy national currency. National currencies will exist with Bitcoin but some people are using Bitcoin in illegal activities.
hero member
Activity: 1246
Merit: 529
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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?
 

People tend not to look for jobs and earn their country's currency because the have the impression that crypto currencies value are on the increase and their value will never go down in contrast to most of the countries currency that has no value and devalues day by day

Well some bankers think that if crypto grows to mass adoption it could threaten them. That's why you won't see a lot of banks saying something good about bitcoin. Though we're looking at several years for this scenario.
jr. member
Activity: 98
Merit: 1
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?
 

People tend not to look for jobs and earn their country's currency because the have the impression that crypto currencies value are on the increase and their value will never go down in contrast to most of the countries currency that has no value and devalues day by day
full member
Activity: 350
Merit: 100
On the one hand, we can say that people can not work and sit to trade and make good money, and on the other hand there are many people who are already eliminating their lives.
newbie
Activity: 108
Merit: 0
I think bitcoin is not a threat for jobs or national currencies.it is an additional sourceof income for all of us who are engaged in doing the cryptos.
sr. member
Activity: 1162
Merit: 251
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?
 

Actually bitcoin is not a threat to other jobs and currencies but rather a help for them. Some jobs can have an access of bitcoin that will make their name more effective because there are a lot of people who know bitcoin. And if it is a threat then bitcoin would be banned a long time ago but it is not. Bitcoin can really help to the existence of job and currencies in the world.

I think its not a threat too, but rather creates another way to earn or an opportunity for any people from anywhere in the world. Its not a threat to jobs but create a job  in my opinion.  Now with  cryptocurrency,  you can tap anywhere  for a  project and paid in bitcoin or any coin he prefers. Its very innovative now a days and a cheaper way to scout for talent who can deliver.
You right, cryptocurrency does not threaten jobs, precisely the existence of this cryptocurrency makes more and more jobs
you see a lot of unemployed who then get their jobs in crypto and can pay for their living, and raise their economy
jr. member
Activity: 227
Merit: 1
IQCash
Bitcoin is rather created to buttress businesses with their payment methods. With the decentralized nature of Bitcoin, businesses will enjoy fast transaction speed, good security, low transaction costs, elimination of middle man interruption in transaction which normally leads to delay in transaction etc.
newbie
Activity: 55
Merit: 0
Theirs no way that BITCOIN is a threat to jobs and national currencies/fiat currency, BITCOIN is only use for transaction making in dealing with selling, trading, buying, etc. This also very helpful to have extra income if they know how. National/ fiat currency cannot be replace by any digital currency due to the legalization of their government.
full member
Activity: 406
Merit: 100
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?
 

For me bitcoin is not a threat to jobs and national currencies it is an additional source of income for all of us who are engaged in doing the cryptos.
member
Activity: 700
Merit: 10
I think bitcoin is not a threat for jobs or national currencies. The institution that always afraid about bitcoin is central banks because if people start using bitcoin as currency, banks bussiness disrupted and people can easily open bitcoin wallet without fee not like people opening banks account
jr. member
Activity: 616
Merit: 1
Most financial solutions of bitcoins is centered on eliminating middlemen in the financial industry, it will mean loss of job for those sets of people. Bitcoin pose no real threat to national currencies, people are still more confident trading in national currencies.
sr. member
Activity: 644
Merit: 250
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 a threat in National cryptocurrency if their government have a corrupt politicians. If Bitcoin became an International currency they cannot reprint another bitcoin cryptocurrency to cover their corrupt activities. In terms of job, it is not a threat because Bitcoin is a volatile market and there is no guarantee that the price will stabilize.
copper member
Activity: 381
Merit: 0
I don't think bitcoin is supposed to be threat to national currencies... I think both are supposed to work together since both ain't exactly same thing.. Bitcoin is a digital currency while national currencies are fiat.. They can both go together..

For jobs, here where the actual threat comes in because with the bitcoin and blockchain, a lot of works and decentralization is possible and these affects a lot of Jobs and people who work them.
sr. member
Activity: 430
Merit: 250
The existence of bitcoin will not be a threat to jobs and foreign currencies, because bitcoin is a crypto currency whose systems and ways of use are different from national currencies, and to this day there are no employees of companies that are paid using bitcoin. Thus between bitcoin and the national currency has a real difference and in life is very different from the way it works, so it will not interfere with each other.
jr. member
Activity: 196
Merit: 4
Will bitcoin be able to eclipse the existence of national currencies in the near future?
 

I doubt bitcoin or any other cryptocurrencies can and will replace national currencies in the near future. As amazing as cryptocurrencies are, specifically bitcoins, any country will be having a hard time adapting to it. Of course it is easy to eradicate fiat altogether, however, the people may have a hard time getting used to it.
sr. member
Activity: 699
Merit: 438
Maybe for both. First in Jobs, because of its home base feature of working people will be more home base than finding a job outside specially they know that crypto works and industry of market is more profitable than normal work of job. Second in currency, I strongly agree on this, it is a wide and very threatening for the currency. As of the government announce that the country is crypto free meaning cryptocurrency is accepted in the country the power of crypto specifically BTC will merge and surpass the value of a country's money or currency that may affect also on the economic standard of the country, it would be good somehow for me.
newbie
Activity: 79
Merit: 0
The existence of bitcoins is not a threat to  jobs and national  currencies but it is another opportunities to everyone. Bitcoin is another way to invest your money or gain money our of it. Bitcoin helps a lot of people in their own country so it is not a threat to all of us.
newbie
Activity: 33
Merit: 0
I still don't think bitcoin is a threat. I really hope that bitcoin can turn into fiat currency. Do you feel bad bitcoin?
newbie
Activity: 56
Merit: 0
Im sure that bitcoin will be a great threat to national currency. But many more things will come in the coming years, so its possible that bitcoin will stay or will die. No one knows what will be going to happen on bitcoin, its just that we just need to wait for it to happen.
member
Activity: 169
Merit: 11
in my opinion, it is possible that soon the country's currency will be replaced with bitcoin because in addition to not damaging nature because the material for making money is paper obtained from the tree.
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