Topic: REAL WORLD PROBLEMS AND BITCOIN - page 3. (Read 1067 times)
I think the main thing it is solving is the fact that there is a limit to how many Bitcoins there are or will be in the world. FIAT money is based on Government debt and keeps losing its value yea rin and year out. 100 Years ago with 100 dollars you could purchase a home. Now 100 dollars you can buy a week's groceries for two in Europe or Western countries. The purchasing power of FIAT keeps going down but for Bitcoin the road can only be brighter ahead as more and more people adopt Bitcoin and lose interest holding or saving too much FIAT which depreciates so much in value over time.
Very bound. because some of the causes of the change in the value of bitcoin are increases in purchase prices and selling prices, so, if there are problems in the real world related to bitcoin, then it will affect users to act according to the good and bad effects when investing
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.
actually it looks easy if we transfer to a country that does support bitcoin, but it can be very difficult if we do it in a country that prohibits the use of bitcoin such as the country of Bangladesh or other poor countries,
Real problem of bitcoin is hard for getting legal transaction of bitcoin at many country, we faced many country still make bitcoin is illegal transaction and looks do not happy with bitcoin become as investment or trading way, many country have banned for using bitcoin.
There are a lot of things that can be solved ifnthe government decided to adopt crypto, the first one is the economics problem, bitcoin has been making a lot of new job opportunities and businesses, so it can help poverty to decrease, it can be used for global transaction so it really help make people eaaiee to do business all over the world, and together with blockchain crypto can be used to solve many dispute problem
What real world problem is bitcoin solving rn? and to what extent?
with the existence of bitcoin, the advantage is that someone who was previously unemployed, they could have the opportunity to work even though it might just be temporary. secondly, some countries that have financial economic problems also have the opportunity to be better, even become investors
What real world problem is bitcoin solving rn? and to what extent?
Bitcoin solves the most important and major problem - the government's intervention in the financial system and its manipulation. It's really very annoying when a third party is watching all your movements and actions. Bitcoin is completely anonymous. This is its main charm as a tool of use. It also solves the problem of taxation, since the person of the state is absent in the regulation of financial transactions.
I don't see any problem for btc right now as there are more advantages btc can offer to the investors. Payment transactions are more convenient and faster with lesser fees. Security of your investment is more secured where you could also transact peer to peer transactions. It can make a good return of investment if invested in long term.
Indeed there are still many who debate the real world and bitcoin, even though when viewed the benefits are very good. Some people already know a lot about bitcoin and its advantages, it's just that its understanding is still unacceptable because of less observant thoughts.
In my opinion the world many countries getting to problems about Bitcoin. Actually now is running many countries do not accept bitcoin.they are don't believe them bitcoin.but we know Bitcoin is the good currency to get quickly profit anytime.fast transaction money to many online business sports.extra online jobs trading, invest etc lot of good opportunity to given us Bitcoin.
Frankly speaking, real world problems and Bitcoin is it usability in the real world. Bitcoin has many problem to solve in the real world but has not solved some major problems faced by the world. The problem of use case use,use Bitcoin to buy gift card and many more are some real world problem to be solve by Bitcoin which are yet to be seen.
The problem is that there are still many people who don't understand bitcoin, so that it considers bitcoin more risky than its benefits. Bitcoin is full of benefits, bitcoin can simplify financial management and can also be a safe transaction path.
What real world problem is bitcoin solving rn? and to what extent?
The problem with bitcoin in this real world is its acceptance world wide as bitcoin is a decentralised crypto currency and thus there is no proper authentic regulating body over bitcoin and this thing is use by many social defaulters as since bitcoin transaction does not involve any third party seizure even so many people use it in selling drugs, explosives, money laundering and many more and this is the reason why most of people and countries are in against of bitcoin and the probable solution to the problem is the legalisation of bitcoin world wide. 
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
What real world problem is bitcoin solving rn? and to what extent?
Bitcoin solves the problem of eradicating corruption and creates an unprecedented level of trust between unknown people.It is also natural with Bitcoin that transaction speed is very low and (at the moment) transactions conducted between Bitcoin owners are anonymous.
Plenty of them if you observe. Cheap money transfer for any amount is bitcoin's thing. It also provides effortless sercure transaction which is why people are attracted to it.
Bitcoin is helping to get rid of the third parties. You are controlling your own money and you can do whatever you want. Also easy and fast transaction help a lot.
Bitcoin is helping and dealing with many real life problems. Like improving the livelihood of people where it is legal, not needing any middleman in transaction as it is p2p, and also helping to transfer fund from one place to another easily and fastly.
The abilitity to transfer funds without the intervention of a middleman is entertained by Bitcoin. Bitcoin also eliminates the need for a centralized space for transaction. Transcations can take place in a p2p platform very easily.
Paper money can sometimes become a pain in the ass. Be glad we have bitcoin on top of having plastic money issued by banks. Bitcoin gives me the liberty to send value to a different country without the need of forex and stuff like that.
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