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Topic: The role of Bitcoin in an unemployment prone society. - page 2. (Read 285 times)

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Unemployment succinctly put, could be referred to as a state of being unemployed; unable to find a job. The level of unemployment in many African countries today is unimaginable and alarming. With a continuous increasing number of universities  graduates yearly without a correspondence creation of jobs or means of employment for productivity to balance the multitude of populace of proper working age.

As such there has been an increasing level of  criminality and other social vices due to youth restiveness owing from their unemployed state. Just as the popular saying goes, "an idle man is the devil's workshop", for a man who's occupied with a daily meaningful activity that brings income to him may not have the time to orchestrate a criminal act.

And this is where Bitcoin comes in, offering either a  side hustle or full time hustle for youths that are either underemployed or unemployed as the case may be. With politics being mainly a field for aged persons especially in Africa and chances of a employment in reputable firms limited to those with connections/references. Youths and a few advanced individuals in the society have taken opportunities online for a means of earning some livelihood with Bitcoin as one field many key into and the forum Bitcointalk has been a major guide and source of information for crypto_enthusiast.

This can create a paradigm shift in the minds of many fresh graduates not to solely depend on their degrees/certificate for only source of income, which will gradually not only reduce youth restiveness and criminality across African countries and the world at large but also reduce the burden on government for jobs creation. This is partly one of many reasons why every meaningful government should create an enabling environment for Bitcoin/cryptocurrency investment to thrive, most especially African countries, instead of creating restrictions or ban on the field and so forth. Cause cryptocurrency could be some solution to unemployment, high dependency on the government and reduction in criminal activities within it populace.

Why shouldn't government look towards this and build on it? There's a lot that still could be done!
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