Bitcoin has a different system from the bank, the blockchain creates convenience, security and lower costs, even, there is no administrative fee to store our assets in Bitcoin.
the main problem is the government has chosen to reject bitcoin and not make regulations.
Topic: REAL WORLD PROBLEMS AND BITCOIN - page 2. (Read 1067 times)
What real world problem is bitcoin solving rn? and to what extent?
I can say categorically that bitcoin/cryptocurrency has really helped in solving the global problem of unemployment and financial/economic recessions. I know quite a lot of persons that got a boost through the help of their involvement in cryptocurrency. If not for the present dips in the bitcoin, quite a lot more would have been helped out of penury.
Is it supposed to solve world's problems!! I don't think so.
Bitcoin is just another way of payment.
Blockchain technology may offer some solution to make our life better and easier if we use it well.
I agree, bitcoin was not made to solve the problem of the world. It was just a currency like fiat and USD. Maybe bitcoin can help at some point especially when it comes to financial need. We all know that bitcoin has a high value which already helped maby people to become rich. Bitcoin cannot directly solved world problem, the people who can solve it was us, human being. Bitcoin is just another way of payment.
Blockchain technology may offer some solution to make our life better and easier if we use it well.
Is it supposed to solve world's problems!! I don't think so.
Bitcoin is just another way of payment.
Blockchain technology may offer some solution to make our life better and easier if we use it well.
Technically not to solve worlds problem but yeah its more on providing a transparent service, a way faster to transact globally and to give us a chance to generate profit. This technology can really help one’s economy so hopefully more countries will see this kind of opportunity, and accept cryptocurrency.Bitcoin is just another way of payment.
Blockchain technology may offer some solution to make our life better and easier if we use it well.
Bitcoin could remove such things as Western union forever. It's fast and cheap and it could to make life of many people cheaper and easier, especially those ones who send money abroad oftenly.
This is very specific, and I think many businesses are already feeling the threat and this is why they are helping the government to critizised this market, well they will not succeed for sure. 
world problems are economic poverty, and the solution is bitcoin, in fact, many people have an economy better than before with bitcoin.
Bitcoin has reached its peak in 2017, and I'm sure some people become millionaires when they still hold Bitcoin.
Bitcoin has reached its peak in 2017, and I'm sure some people become millionaires when they still hold Bitcoin.
Transfer issues. Bitcoin is making peer to peer transcation very stress free and cheap. From your wallet you can make transfer of bitcoin to the receivers wallet irrespective of the location of the two parties and there is no involvement of a third party
I agree. As I have watch a documentary, it focuses on discussing what the bitcoin can provide and not the fiay can give. One of this is the anonymity of the users in which every transactions are private, and you can you transact without even mindng the outside factors.
Is it supposed to solve world's problems!! I don't think so.
Bitcoin is just another way of payment.
Blockchain technology may offer some solution to make our life better and easier if we use it well.
Bitcoin is just another way of payment.
Blockchain technology may offer some solution to make our life better and easier if we use it well.
Bitcoin could remove such things as Western union forever. It's fast and cheap and it could to make life of many people cheaper and easier, especially those ones who send money abroad oftenly.
It will make the economy better so, after acceptance will be a total supply of money and it will be impossible to print more. Seeing the address of the state wallet will disrupt their dirty work. Everybody will manage their own money.
bitcoin has been making a lot of new job opportunities
In my opinion it would be the opposite. Bitcoin's acceptance will make banks and most of the economy companies useless and the workplaces will be reduced. 
Bitcoin can transact easily without any third party because of the technology that bitcoin has. Bitcoin also help many people who are in needs , it has the ability to earn a good profit specially those people who doesnt have a regular job.
Never dooubt on the capacity of bitcoin because of the different issues that youve heard instead just on believe on it.
Never dooubt on the capacity of bitcoin because of the different issues that youve heard instead just on believe on it.
Bitcoin gives us an easy way to make transactions and does not need an intermediary like the third person or the other because bitcoin is present as a new technology that is now growing rapidly and becoming popular so that you don't need to trust those who are less convinced about bitcoin.
Poverty in my opinion is one real world problem that the bitcoin is solving/has solved tremendously and without a doubt
The bitcoin is today giving millions of people a certain level of freedom financially..
Especially in the third world countries were poverty is a perennial issue,the bitcoin is spreading far and wide in those areas and helping most individuals as their governments have failed them totally
The bitcoin is today giving millions of people a certain level of freedom financially..
Especially in the third world countries were poverty is a perennial issue,the bitcoin is spreading far and wide in those areas and helping most individuals as their governments have failed them totally
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.
Yes, bitcoin made it possible for us to transfer money to other people by not depending on any third parties like banks that are monitored by government. Transaction can be done easily and fast with lower transaction fees anywhere in the world that accepts and accepts cryptocurrencies. Transactions are done privately and it offers hassle free transaction process.
Bitcoin is one which can solve your monetary problems like if you are jobless you can work over the Internet and many free lancers sites are available where you can make money but it is normal that people are now earning bitcoin in return and it is the modern era achievement that making money at home is possible through this medium and it is about your talent and skills that how long you can get rich in the crypto world and many problems associated with financial transactions are solved through this bitcoin.
You're right the problem now is that it often happens is an economic problem and there are many investors, but the most frequent are economic problems that are needed daily and cannot rely on real work to get virtual money but bitcoin should be able to help or be a solution to fulfill the real life
Any problem can be solve by money and bitcoin is a currency which help plenty of flock to transfer their money without middle not even in their own nation but internationally also which directly cut the cost of middle men and save money as well as,the bitcoin also helping people in their day to day life they can use bitcoin for shopping and other purposes to solve their day problems.
What real world problem is bitcoin solving rn? and to what extent?
Some time ago we learned that conducting financial transactions in the world has a limitation. For example, when we make a transaction with paypal, we have to verify it and that is quite difficult for most people. But with the existence of Bitcoin, now we can do financial transactions much easier. We only need an e-mail address and we can do financial transactions whenever and wherever we are. This is an extraordinary progress and the fact that technology will make life in the world more simple. What real world problem is bitcoin solving rn? and to what extent?
Bitcoin has given everyone a better and faster option to carry out financial transactions. With Bitcoin, distance is no longer a barrier nor influence charges to be paid whenever you transfer money to anyone.What real world problem is bitcoin solving rn? and to what extent?
Bitcoin has given everyone a better and faster option to carry out financial transactions. With Bitcoin, distance is no longer a barrier nor influence charges to be paid whenever you transfer money to anyone.What real world problem is bitcoin solving rn?
Trustless, world-wide and cheap money-transfers without any middlemen. Just a transaction between you and the recipient.
Also, you are the only one with access to your money. No entity which can freeze your money/transactions or revert anything.
and to what extent?
Completely.
This is a really reasonable answer and I like it.
You explain easily and simply and I understand it so I know what the OP question is
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