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Topic: REAL WORLD PROBLEMS AND BITCOIN (Read 1067 times)

newbie
Activity: 78
Merit: 0
November 21, 2018, 08:52:52 PM
#87
bitcoin provides many conveniences that are not obtained when using a currency, such as convenience when providing a number of bitcoins without intermediaries, only you and the recipient are cheap, and bitcooin can also be an option for investment because many people predict expensive
Bitcoin as a digital currency is very easy to use, just sending it from his wallet to the recipient's wallet. The process is very fast, easy and inexpensive. The problem is why many are rejecting bitcoin, because of anonymous factors and very fast price fluctuations, so many countries reject bitcoin by reason of protecting their citizens.
jr. member
Activity: 334
Merit: 1
November 12, 2018, 02:39:55 PM
#86
Bitcoin has benefits and this has truly made it one of the most sophisticated innovations in transactions. In fact, Bitcoin has helped and overcome the financial problems of its holders, providing the right solution in investing.
jr. member
Activity: 57
Merit: 1
November 12, 2018, 01:19:46 PM
#85
Bitcoin or cryptocurrency has really made life easy in the aspect of online payment and secondly bitcoin transactions perfect with the elimination of middle man. Bitcoin and crypto has created employ of many individuals who country accept crypto without the of writing application letter sicking for job
full member
Activity: 658
Merit: 100
PayAccept - Worldwide payments accepted in seconds
November 12, 2018, 01:03:21 PM
#84
Bitcoin has little activity and is not used too much in life. This negatively affects Bitcoin's growth rate. In life, there should be a solution for using Bitcoin because it changes too much Bitcoin and Cryptocurrency. But this also needs government approval of their legitimacy.
full member
Activity: 378
Merit: 100
November 12, 2018, 12:51:47 PM
#83
bitcoin provides many conveniences that are not obtained when using a currency, such as convenience when providing a number of bitcoins without intermediaries, only you and the recipient are cheap, and bitcooin can also be an option for investment because many people predict expensive
jr. member
Activity: 504
Merit: 5
November 12, 2018, 12:41:21 PM
#82
What real world problem is bitcoin solving rn? and to what extent?
One of the most interesting problem I believed bitcoin has solved in the world is that you can transfer money to anybody round the globe without presence of third party and the transaction are not traceable since it operates in a decentralized platform. Also there's no tax involved all like banks transactions with lots of tax and only operate on weekly bases why bitcoin transactions can be carried out any time of you choice.
newbie
Activity: 29
Merit: 0
November 12, 2018, 08:51:01 AM
#81
What real world problem is bitcoin solving rn? and to what extent?
The problem that solve by Bitcoin is the intermediary of the government and the banks. More efficient and cheap cost of transaction and transparency of the transaction where everybody can check the transaction in the Blockchain.
I don't think every transaction of Bitcoin is cheaper then we use Western Union my friend, it's just because every Bitcoin transaction is totally untrackable so no one will tax you those moneys and ask you where is it from.
sr. member
Activity: 644
Merit: 250
November 12, 2018, 08:42:13 AM
#80
What real world problem is bitcoin solving rn? and to what extent?
The problem that solve by Bitcoin is the intermediary of the government and the banks. More efficient and cheap cost of transaction and transparency of the transaction where everybody can check the transaction in the Blockchain.
newbie
Activity: 23
Merit: 0
November 12, 2018, 08:14:18 AM
#79
Elimination of any intermediaries for making transactions. You don’t need a bank account accompanied by a bunch of papers to store coins. Bitcoin allows transferring money to anywhere in the world faster and almost for free. You are the only one who has an access to your money and nobody can tell you how to manage them. It gives financial freedom by reducing the barriers to entry and increasing the amount of potential users.
jr. member
Activity: 143
Merit: 2
November 10, 2018, 08:34:02 AM
#78
Hassle free secured transactions. Also we might use it for traveling, buying souvenirs from different countries, and etc in the future.
full member
Activity: 686
Merit: 100
November 10, 2018, 08:05:02 AM
#77
What real world problem is bitcoin solving rn? and to what extent?

There's alot of question circulates about bitcoin solving real world problems , we can also find some good articles about it. For me one solution bitcoin does is you can easily transfer money via Bitcoin to another entity in different part of the world and it's fast , cheaper than any remittances.
member
Activity: 532
Merit: 15
November 10, 2018, 07:54:09 AM
#76
Transferring money lightning fast and super cheap, - now I can pay or receive my payment super cheap, cross border and without having to be on my heels for forms, red-tapes etc.
full member
Activity: 798
Merit: 121
November 09, 2018, 09:11:59 AM
#75
bitcoin is not trusted in many countries in the world, and maybe if bitcoin can be trusted in all country in the world, bitcoin can be the international currency. this is the biggest problem in bitcoin for right now
You're right some countries in the world did not trust and believed in bitcoin this is one problem in the world of cryptocurrency. If all countries around the world believe and trust in bitcoin I think the all investor's become more successful and bitcoin become international currency.

member
Activity: 532
Merit: 12
November 08, 2018, 01:47:32 AM
#74
The biggest thing for me with the bitcon is international money transfers and i believe that it did solve the very big problems. You can avoid the banks or middleman in your transactions and you save your money. Also you can stay anonymous when you send bitcoin, this is very important too.
full member
Activity: 504
Merit: 100
November 07, 2018, 10:00:32 PM
#73
I think this is very good with the delta project, and I'm sure it will have a beneficial impact on everyone who follows it, and I really like this project.
newbie
Activity: 64
Merit: 0
November 07, 2018, 09:44:46 PM
#72
What real world problem is bitcoin solving rn? and to what extent?

Initially, bitcoin was born to be a digital currency. However, I think now it is most likely an asset, a store of value like gold. Thus, bitcoin can solve the problem of value transfer on the internet with no middleman, no border, small fee and fast transaction in compared to money bank-wire. In the case of payment, bitcoin can server as a very cheap solution regarding big amount, for instance, car, house, etc.
newbie
Activity: 71
Merit: 0
November 07, 2018, 09:15:00 PM
#71
Bitcoin is giving you scope to transfer money directly without depending on any 3rd or 4th parties, the transactions are fast, and very cheap. Also, you don't need to fill a bunch of bullshit forms and waste your valuable time on those.
the reality that happens in countries that are not yet modern or not yet developed, how to buy and sell they are still manual, cannot use banking services, so in every country the bitcoin problem is always different, so bitcoin in the real world still cannot meet the business needs of buying and selling throughout the world. but if in developed countries, bitcoin is very petrifying in the business of buying and selling, especially in terms of payment.
legendary
Activity: 2520
Merit: 1396
November 07, 2018, 09:13:41 PM
#70
What real world problem is bitcoin solving rn? and to what extent?
Financial transparent. Because most of people now are corrupt specially in the government, and it will also help all people to have their own bank on their own pocket, they don't need to go to bank just to send money or payment to anyone, bitcoin will help us on our daily lives.
full member
Activity: 854
Merit: 108
November 07, 2018, 08:57:56 PM
#69
What real world problem is bitcoin solving rn? and to what extent?

If you are in the government, Bitcoin help to reduce the unemployment in which the most common problem of all nations. That if the unemployment will be reduce then of course the purchasing power of the people will increase and will become strong making the economy of the nation to become strong and stable too.
member
Activity: 267
Merit: 10
November 07, 2018, 05:48:57 PM
#68
Bitcoin makes peer to peer transactions very free and cheap, Bitcoin transfers money directly without relying on third parties, Bitcoin doesn't need to fill in many forms.
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