Topic: Whose problems does Bitcoin solve? (Read 713 times)

according to the people that bitcoin can help many problems, for those who have not earned a decent income the only way bitcoin to generate profits, and also can reduce unemployment.

It is nice to hear such positive remarks about bitcoin because I am bitcoin user and I know how good and how beneficial bitcoin is, so same as you I love to have bitcoin and I am waiting for the right time to sell bitcoin, some friends have suggested me to use bitcoin campaigns for earning free bitcoin, so I bought bitcoin and store them in my bitcoin wallet so later on when I will sell my bitcoin I will earn very high profit from it.

I would say that practically bitcoin has solved the problems of people working abroad who spent a lot as transaction fee during remittances and Philippinese have benefited by this by sending their income to motherland at very cheap rates.

Bitcoin help to solve many problems. It mainly solve the money related problems. In many middle class family Bitcoin act as a economic saviour for them. Many financial related problems are solved with the help of Bitcoin. In many country Bitcoin help to reduce the unemployment issue because bitcoin doesn't need any age and experience certificate in order to work with Bitcoin. And many people solve their banking related problem with Bitcoin. Bitcoin provide its user an high-level security and privacy. Bitcoin provide its user untraceable and uninterrupted money transaction facility.

I don't think that the first problem that bitcoin does solved, its just the result of people suddenly investing on bitcoin. Remember it was not designed Satoshi to be like that. If you would go back to his whitepaper it says Peer to Peer Electronic Cash System how can it fulfill you financially when it was designed to me a payment method?

But as an offset of people just jumping on the bandwagon and making it a speculative asset and investment portfolio that it was today, its not becoming as store of value, which for me is also good in a way, but it was far off to the original vision of the man himself.

Bitcoin can help with these problems but not solve them. I would go as far as to say it is improving on the current situation. Solutions always creates more problems in my experience.

Bitcoin has solved many problems. The most important is it helps the people to earn to fulfill their financial needs. Bitcoin provides an open secure and fast way of transferring the money. You don’t need any governmental permission. It is a new way for people in countries such as Saudi Arabia, Syria, China or North Korea to make an international secured transaction.  International Bitcoin transactions are much faster and cheaper than the regular ones. It builds trust between people of different geographical location.

Bitcoin has solved the problem of financial transparency and given freedom to us to remain financial independent.  Also transaction time has been reduced in case of international transactions.
If we talk about BItcoin as an investment tool then it has given users a opportunity to invest their saving in a tool whose demand is inc. like anything.

Bitcoin are being create for people to investment purpose, IMO
It's help people to make alternate investment not solve any problem.
My government said, bitcoin will make problem because of it's decentralized concept and it's anonymous !

Yes, first of all, bitcoin for everyone is a solution to their financial problems. Including for me. For many, this has turned into a job, which means bitcoin solved the problem of unemployment. Also, it seems to me that bitcoin solved the problem of self-education, as people began to read more and learn different information in order to be aware of the events. Therefore, as we see, getting bitcoin is not only pleasant but also useful.)

Yes of course Bitcoin is a problem solver. It solve many person problem of people and public problem of a country. Bitcoin become the financial backbone of many middle class family. It help people to overcome their financial crisis. In many countries it help to reduce unemployment issues. Bitcoin mainly solve the banking related problem of many people. Many people doesn't have a bank account so Bitcoin help them in transaction.
It also help  people to get out the long processing system of bank and also change a low transaction cost. And people can use bitcoin anytime anywhere. 

Precisely, bitcoin is a big help for those who used it. A lot of financial problem has been solved by bitcoin. A lot of people used it inorder for them to achieve financial freedom so that they can sustain the needs and wants of their family.

Bitcoin actually saves a lot of problems in this world.It also solve my financial problem.Now I am so relief.

Btc,whose has been associated with it,has solved their problem.Helping the poor and needy people, they are also educated and so they can earn by doing the work.In my opinion,the students are getting more benefits.Because most of the families are middle-class,so the students are paying the cost of education for Btc.

Bitcoin actually saves a lot of problems in this world, third-world countries actually has a bigger potential on getting to know cryptocurrency and bitcoin, since the economy is likely to be very low, people would be starting to make an alternative, which is bitcoin, I noticed that mostly of bitcoin users are from a country that deserves more, with the help of bitcoin their lives would likely to be better than before.

Mostly, poor people and unemployed ones because they are in need of money. As a matter of fact, you can get rich by a small amount of money. Let's say you had 50USD, and you have bought a small amount of bitcoin. Later on, it would give you a profit, and bit by bit, you would manage to have money. I believe that is the most efficient problem solving for these people. Added to that, it helps fight the corrupted banks and governments, that is why it was created in the first place.

Evensince we had our freedom,if you're addressing about the banks its our freedom not to use them and we can store our money in our pocket,so this one wasnt really bitcoins job,though we experienced the total freedom since we become cryptonian.

Maybe what really bitcoin solve is the capacity of gaining even without doing nothing,(ofcourse can loss too because of volatility)this one factor that we earn by being in this community

Above article shows that bitcoin really helps and solve problem especially financial issues. It has proven by many users that it can help and also gives learnings to the users. True without a doubt even poor people it can able to help just with determination to earned in bitcoin.

Yes bitcoin really helps many people to solve their problems. Including financial.Allows you to quickly and cost-effectively make payments and purchases. In some ways, bitcoin helps to solve the unemployment problem.But at the same time, bitcoin itself is a problem for some governments.They face many difficulties associated with its legalization.

This is a dangerous misconception. Indeed, a lot of users earn in bitcoins more than their main job. At some point, they choose the bitcoin economy. But it may later deprive you of a livelihood. The fate of bitcoin is not determined. The main job is your pension in the future and income at the moment when the price of bitcoin falls down. Be sure to be able to combine the basic work and bitcoin.

Yes bitcoin really help a lot of things to the users, especially in financial, because of bitcoin, users earn more money than to their jobs (I think), and because bitcoin can give money to the users, the users already fulfill their needs and also their wants. Bitcoin helps other people in investing to make their money increased and grow as much as bitcoin can give.

In traditional international trade, people often use dollars to settle accounts!

Now there is a way of settlement, they can trade with BTC!

Amazon also accepted BTC's payment method!

BTC has solved the people's dependence on the bank, can free trade!

I think that now there are many charitable platforms based on the blockbuster. Therefore, first of all, bitcoin is charity.

First and foremost it solves our financial problem. Secondly, in my opinion it can solve the problems with electricity and internet connection in remote areas.Why? Once the leaders in that secluded area is anxious to join this cryptocurrency like bitcoin, he will find a solution to have that electricity and internet connection into jump into this.Mind you it might work.

Everyone's basic need is just money. You all would accept it. What bitcoin can do as currency? Just use it to solve the issues arose by money. The debts, loans and interests can be cleared by bitcoin. Just get into the forum and look for ways to earn if you wish to gather in such a way. We  have so many witness whose lives were enhanced with bitcoin's earnings. Every money oriented issues can be solved with bitcoin.

I guess it's all a matter of perspective. BTC does have the potential to solve problems be it financial or whatever aspect of life there is. At the end of the day, it's all about who has it to wield or mold it to whatever purpose that person wants. Fact, we all have our problems to deal with on a daily basis and we all do our best to get through or around those problems.

Nice article, for bitcoin is s life changer that is why it is cable to help the middle class,financial refugees ,northern poor and the southern poor, it created as a financial freedom to all those in financial slavery.

With all of these problems that bitcoin can solve/solved, why the government still hate with bitcoins? Bitcoin is a way for economic growth, the future of the citizens are brighter if there is a bitcoin, bitcoin is a saviour of people who are not employed and bitcoin is a life changer. If the government really cares about the citizen and economy, they will accept bitcoin because it is really useful for the development of individual and to the whole state.

many problems can be solved with bitcoin, especially economic problems in the general public. in the presence of bitcoin who have difficulty in getting a job, will still earn income. and this is very helpful.

The main problem that bitcoin will solve is debt or any financial matters.  High profile , average and low profile experience financial problem in different situation. So we look for extra income or some rich invest there other assests to grow. Then we found bitcoin that we can earn more.

Bitcoin really solves problems. Especially those financially inclined problems. Even students can now earn money and that is so good. At a young age, they are able to gain income just by using their interest in social media and the internet. Bitcoin is really an all-time high thing and a modernized one. Also, the fact that you can give or transact money from a place to another without a middleman is a great advantage. And if one is patient enough, Bitcoin could really be the one he/she is waiting for to finally end his/her problems regarding money.

Yes that's right, bitcoin can help anyone as long as they have the courage to take a risk in using it. Bitcoin is a financial helper that can silve our problem in money. Bitcoin is really useful but it depends to the person if he/she will maximize it value.

All the problems in the world will solve by bitcoin if it becomes legalize in every single country,  but to go through it maybe it will take so long time, and it's kinda impossible as well as we see many country ban bitcoin for some reason.

Those with financial problems who work hard for bitcoin and have patient enough to really join the bounty program of bitcoin and help promote the different ICOs in the bounty program , their financial problems have been solves for the past years lwith the help of bitcoin.

Same as you I have been suffering a lot of financial problems in past but now bitcoin has solves almost all of my problem and I am earning high amount of profit which is reducing my issues, I am able to support my family and as I am a student so I am able to pay for my school fee with bitcoin, so bitcoin has solved my problems and I am getting high amount of money from bitcoin, I am investing more to have very bright future.

Bitcoin can really solve a lot of problems. Do not forget that the future of the Crypto-currency and decentralization is already coming.

There are so many things to consider bitcoin capacity to do like doing transactions in just a minute even your of different countries  like sending money and.paying bills it solves also financial needs of people who join their signature campaigns especially those who have no job at all.

The potential of bitcoin is still unknown completely. Perhaps bitcoin will help solve global financial problems, can reanimate financial institutions. Nowadays bitcoin and crypto in  general is a young and very promising market.

Perhaps one of the most important problems that solves the bitcoin is the transfer of money over a long distance, as well as a means of protecting against inflation. What we can see is by taking example of Argentina.

I think that most important things it does is the fight for people's freedom.

Thanks for the nice infographic. I agree with much of it. There are many problems it can solve but as with everything in life, some of the problems are quite complicated and would require other solutions in addition to bitcoins.

I think with the last four, it might not be bitcoins per se that might help solve it but blockchain in general. If for example the funding for political campaigns can only be made through one, then it would be easy to see who are contributing to whom and might reduce to power of lobbyists, which many would agree are causing the public a lot of problems.

Bitcoin has solved many problems. The most important is it helps the people to earn to fulfill their financial needs. Bitcoin provides an open secure and fast way of transferring the money. You don’t need any governmental permission. It is a new way for people in countries such as Saudi Arabia, Syria, China or North Korea to make an international secured transaction.  International Bitcoin transactions are much faster and cheaper than the regular ones.

I have my friend who's now earning big income from bitcoin than his salary, he pay all his dept from lending company. He spend almost 300k by renovating his house, bitcoin can really help our problem in terms of financial and expenses.

my problem is resolved by bitcoin, especially financial issues. with long-term investments, I can get benefit.

Bitcoin is solving people’s problems. The people might be the people on earth regardless of government, other institutions or name. Bitcoin is for all, governments and many other institutions and civilians can use Bitcoin. If people are solving their problems through Bitcoin then governments can also do the same. No one can stop government to take benefit and boost their economy by using Bitcoin.

Bitcoin is really helpful. I can see how it gave the hope to people suffering from financial problems. Not just money it help so many things as mentioned. But I beg to disagree that economic freedom is not really achieved. With bitcoin you are only given a chance to solve problems about money yet you are still within your country's economic condition whatever it is and hence you are still part of it. No freedom actually.

Good read mate. I agree with your that there are so many problems that Bitcoin, or cryptocurrencies in general, can solve. But I think one of the most taken for granted reasons that cryptocurrencies solve is the fact that it can help a person on his or her individual capacity to invest in projects despite having a low capital to spare. Unlike other business where you would need a big capital before you can try your hand on it, cryptocurrencies are different because even a small amount can be a starting point  to earning something substantial. And since it helps people individually, it transcends to them being able to give back to their local economies, which also helps it grow.

It wasnt bitcoin whos solving the problem,its us the user bitcoin only the instruments but its the people who uses this makes the trouble fixed..we all have a good and bad story about bitcoin in our life but for sure most of this are positive on what this crypto brings us,and still giving us,because its not only bitcoin who does buy other altcoin too

Bitcoin solves a lot of problems, it creates new jobs, it is possible to invest extra money for his course interesting to watch.

This is why I believe that bitcoin will be the currency of the future. It can eliminate the problems that FIAT cannot. Soon all government will recognize how Bitcoin can help their economy. People who are saying that Bitcoin will die will be sorry in the future.

Obe of the reasons why we join in bitcoin is because we want to earn money from it by joining bounty campaigns, trading and investing in icos. Sonin my case, I believe that bitcoin helps me with my financial problems because I earn here and I can have extra income for me and my family.

This is a generic, rah-rah bitcoin type of shitpost that gets written in a million different forms in hundreds of threads in Bitcoin Discussion DAILY.

The question is about the problems that bitcoin solves, and the last two posts didn't even come close to answering them.

I've always asked myself why anyone would want to spend bitcoin over fiat, and I still have not found a satisfactory answer to that.  Right now bitcoin is a pain in the ass to buy, there's network fees that can be stifling, there's confirmation times, and there's the possibility of getting scammed.  I would much rather hold bitcoin and spend the money that's in my checking account.  At least what's in the bank isn't going to skyrocket like bitcoin might.  It's rare that people even try to argue those points here.

Definitely one of the best remedy of the peoples financial problems is bitcoin. There is a fact that because of bitcoin and cryptosystem we are now having our freedom in regards to our financial aspects. Even though there is a possible risk that we may encounter we just go for it because the assurance and the big chances and opportunity are there. Bitcoin is the key to reach our success in life.

Bitcoin is good detecting problems and provide immediate actions. Financial, bitcoin help a lot and find other ways to make it better.  Now,  bitcoin is really more accommodating especially on giving us self help options for paying bills or do money transfer.  It's really reliable source of money.

Bitcoin solves the problem of poverty in some countries by giving them a big opportunity in gaining a lot of money whenever they get bitcoin. Bitcoin is a solution to world's poverty scene because it is an easy and convenient way to earn a lot of money without having a college degree, common sense and patience is what you just need here to survive.

Not only me and you, but the country is indirectly. Bitcoin can solve state problems though not all. Because the Poverty Reduction Program which they aspire to has at least been helped. However they turn away from reality and they allege that bitcoin can damage the state's finances. In fact the existence and ability of bitcoin too they doesn't admit.
To me, they're really stupid and cavalier.

Personally yes, bitcoin changed a lot in my life, from being in debt to debt free. I know bitcoin can still do more, especially when our government realize how great bitcoin is. The future is here in cryptomarket and I know a lot of problems will be resolve because of this innovation.

Interesting article.  Above all the problems that bitcoin tends to solve, my favorite part is helping to protect my privacy.  I among the type of people who usually feel so skeptical about  putting my credit card information on any sites just to make purchases. Though, bitcoin is yet to be accepted on most of my favorite site like Amazon, I can still spend a few of my coins to purchase something I want when I am not holding.

I am here as an example to narrate you how bitcoin helped me solve my problems as you say. I  have cleared 30 percent of my debt with my earnings. I have friends who have left their main jobs dedicating their full time into cypto contributing their skills earning more bitcoin to solve their issues and change their  life styles. Many have bitcoin as an asset. What else.

I'm more on the Southern Poor part and I haven't really personally used the remittance feature myself. I do know some people here in the city that are sending the money they are earning from trades and ICOs to family in the countryside so I believe there's still much to get out of it.

The Northern Poor's problem seem a bit complicated though since they are not struggling for mere survival, every bit of additional money they'd get would help. Economic power do translate to political power.

It helps me also in my financial problem, specifically in my daily expenses. Bitcoin makes my life so comfortable not only in my financial but it also helps me by sending and receiving money from my loved ones all around the world with less transportation just using my bitcoin wallet that's why i have so much thanks to bitcoin that it came in my life.

All bitcoin users. It give assistance in our financial problem specially to those early investors.

There is honestly no finite range of people that bitcoin benefits. In one way or another, bitcoin will benefit anyone that chooses to use it. Since currencies are used by everyone, and bitcoin is essentially a better version of our existing fiat currency system, I think it's clear that everyone, globally can solve people's problems.

If you're just an average Joe, by using bitcoin you are eliminating the long term fiat depreciation that eats away your savings. Bitcoin's supply is limited and its demand is just going to go up. If you're a business, bitcoin can facilitate global transactions way more efficiently and cheaper than the fiat banking system.

The opportunities are endless and people just need to learn about and adopt BTC for them the potential to be realized. But that takes time.

Me bitcoin solve my problems especially in finances. Bitcoin really change my life. Bitcoin gives our financial needs. And the best thing is l have a chance to be rich in bitcoin.

The biggest problem that bitcoin solves is that allow to us to be the owners of for money once again, right now the owners of the money are banks and governments, governments can print as much currency as they want at no cost to themselves and banks give loans, print even more currency and scam people out of their savings, bitcoin solves all of those problems and that is not a small thing.

I'm one of people does bitcoin solve. My life is solve by bitcoin. I'm really thankful for bitcoin come to my life. Now l have my companion for my family.

For me I  think the biggest aspect that bitcoin has helped the most is actually helping to put the power in the hands of the users when it comes to their money and their assets. It gives you more control and you do now have to worry about banks or other third party financial institutions when it comes to your transaction and how you carry them out.

There's a lot of problems can solved by bitcoin. Mostly those people had their financial problems.

How Bitcoin reduces unemployment, I would like to here that? When bitcoin shut down all the banks and financial institutions where will people work? If you are not computer geek, programmer it will be hard for you to find a job in the future.
Bitcoin will not save jobs, bitcoin will not end work poverty, bitcoin is a tool that can help global economy because world needs decentralization! Circles of powerful people are small, few people run whole the world, with blockchain and bitcoin we will be able to know what is someone doing and how, everything on a table is a recipe for a better future. Decentralization can give a power to a little people accros the world, why would I go to bank and let them fuck with my brain, earn from me when I can use bitcoin and help people around the world who mine bitcoins, why to not give a power to a little man? That is bitcoin doing and that is the advantage bitcoin have over fiat system.

They solve my problem. What else can I ask for. All of my financial problem have been solved by Bitcoin.

Many problems are solved with bitcoin, economic problems, such as reducing unemployment, improving one's finances, and I think indirectly help the state economy for its citizens who follow bitcoin.

Bitcoin has create alot of employment for many people and that affect the unemployments data. The Japanese government declared somewere last year about great growths in their gdp because of the cryptocurrencies market! Bitcoin has helped in third party transactions because it is decentralized and fast.

Im one of them and I know more people specially those bitcoiner was helped by bitcoin and solved their problems like me. Thanks to bitcoin its a big blessing for us.

Iam also have felt, as long as i know with bitcoin my life to be better in terms of finansial. i can earn extra income from bitcoin, and this income is bigger than my salary work at office. here we learn to be patient and disciplined

Well I think most of the bitcoiners problem has been solve by bitcoin because with bitcoin you can really earn big more than the salary from your job specially when you invest big amount of money with the value of bitcoin drop down and will just wait patiently for its value to rise again you might get alot of profit rather than saving your money in a bank that youll be earning only a small amount of money.

As a newbie I challenge this kind of opportunity it's because some people who invest bitcoin I heard that they are success  so I interested to join this opportunity that it helps to solve my problem hopefully someday I'm earn like the old member that they solve thier problem

Bitcoin solved one problem for me. I could not find a genuine online earning opportunity that gave passive income. I have to spend most of the time with regular job so something like blogging or creating multiple affiliate websites is out of question for me. When I cam to know about bitcoins, I went through its performance in the last few years, and I was blown away. It offered about 1000 times better returns than the current investment options I was using. Isn't it sufficient ?

that's right it can solve many problems since it price touch down the highest value of all currency.  .and because of being popular around the internet more people become interested on it and improve their lives easy without working hard . Which is just efforts and patience and know we achieved our goals.  

Bitcoin has helped us to build our dreams for our families future.Before knowing bitcoin struggles were always there,financial problems were the main reason for it.What keeps me going on is the presence of bitcoin in my life.I have earn from it and had able to solve my financial problems.If we just have to strive hard to take the benefits that bitcoin brings most probably we will reach our goal.Opportunities in this community will be going along way and will able to help those who accepts or adopt bitcoins existence,hoping that someday we can be a successful person as we wanted to be.

Without seeing any articles easily, we can say bitcoin is the solution of the people. AThat most important think is people can earn from bitcoin. Peoples are thankful to the bitcoin also.

Yes because even me in financial bitcoinhave a big help in my life so that is why im still here amd working with bitcoin. Before when i didn't know bitcoin my salary is not enough for my family and sometimes i am borrowing to my friends but now bitcoin is my part time and just becausw of my friend that's why im here and because of that my financial to my family was enough and i can buy what they want.

Looks cool you keep at home and your income is bigger than those who work in Office. Lol
Bitcoin has manifested your dream and some of my friends say the same thing to you.
At least Bitcoin has reduced unemployment.

Bitcoin can solve many problem if we enter into the crypto market then we can use crypto for the online payments and we can also investor money in the crypto while the problems which were facing by the online users were the monetary issue and now the bitcoin solved this problem now they can send the crypto money while in the past people were theft the credit cards for payments but now the issue resolved.

Well said mate, when it comes financial problem bitcoin is always there just like me I never invested before in bitcoin because I don't have enough money to invest. And I discovered this forum that you might be earned bitcoin by participating signature campaign.
And now I have invested already in bitcoin 25% of my monthly salary from my real job I do invest.

Jobless people may help bitcoin, those people always at home may also earn. There's a lot of people helped by bitcoin, I was thankful that bitcoin comes in my life.

What I'd like the most about the problem that Bitcoin solved is it offers a completely decentralized economics instead of the old-fashioned centralized economics that ruled by the bankers and governments.

Bitcoin can solve all the problems in finance, need and economy for those who are here .. besides it can help for those who do not have a job and earn money from bitcoin, everyone will benefit For those who want to join and want to change his life to be better .. bitcoin will solve the problem without knowing them rich or poor

Bitcoin has help many people and companies that has subscribe the idea of cryptocurrencies and blockchain technology.  We have see even here how some people have been rising money to help their families and solved their financial needs. I have taking the opportunity of cryptocurrencies in transferred money to other people and told me bitcoin has solved my problem of going to bank.

Bitcoin almost solve the problem of poor people. Because bitcoin gives income to provide our needs. This is very important especially in the needy people. But rich people will be more richer in bitcoin. Because they invest and trade. And they will profit in times of price pump.

Thinking about it it's not a Nobel Peace Price type of solution. Though many have gained through it, there's still manipulation and other losing large sums of money because of that FOMO. And a combination of manipulation and at the expense of others.  

My problems are being solved because of bitcoin and that is my financial problem. In some other way we can get a great earning here in this forum. We can do the bounty campaigns and do trading and investing in an ICO. And because of this, many people get benefited and become successful.

Bitcoin is one of problem solvers. Think about the possibility of sending money to anyone on the planet without any bank account.

All problems of bitcoiners is solved by bitcoin. In terms of financial the bitcoin help people for their financial status. It helps a lot of people for their needs.

I got this image from an article titled whose problem does Bitcoin solve published in 2015, a bit old. Technology/Internet money/Blockchain/Internet of Things. Bitcoin futures was sort of a mainstream moment and the Wall Street is already looking for their cut. Financial refugees/corruption/remittances/unbanked. Cryptoanarchists/privacy/freedom of speech/political freedom/economic freedom/no regulation. Libertarians/no central banks/no monopoly money/stateless. Middle class/debt/debtors/institutionalized to fiat system.

Internet money/ecommerce/micropayments/and like the owner of Square tweeted yesterday Bitcoin can become the single global currency of the internet. Wall Street/Institutional money/mainstream financial asset/manipulation can't be ruled out. Cryptoanarchism, not necessarily dark web related/illegal, more about stateless society/counter-economy which is self-regulated with absolute freedom. Distrust in central banking/no debt based money/no flawed monetary policies/financial crisis/free banking. Middle class/people invested into Bitcoin to make rich off it/few people paying off their debt with Bitcoin/few people taking loans to buy Bitcoin.

Internet money and Wall Street is a work in progress. I don't think it would be wrong to assume that a good number of Bitcoin users tend to have a cryptoanarchist or libertarian mindset, but still voluntary. With each bull run, FOMO brings in new users maybe with no ideologies, just don't want to miss out, but as the market swings towards bear mode, they panic/leave, obviously speculation, apart from Cryptoanarchism/libertarianism/speculation, an average Joe is yet to find/see a solution in Bitcoin and I guess when that happens Bitcoin would be mainstream, but it would be the biggest challenge, to get an average user interested in Bitcoin and retain.