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Topic: Will crypto solve socioeconomic problems? - page 12. (Read 4371 times)

full member
Activity: 420
Merit: 100
September 21, 2018, 11:38:01 AM
What is needed to improve socio economics is regulation and change the economic people themselves, it’s all the inhabitants of the earth. But I am sure, new problems will emerge, because humans will meet it as long as they live because of their dissatisfaction nature.
I think like you. you are right, very true. problems will definitely arise continuously. we will always feel shortcomings in the economy if we just want to be satisfied. we cannot depend on the crypto world, we also have to have work in the real world
full member
Activity: 392
Merit: 100
September 21, 2018, 11:25:41 AM
the world of crypto and blockchain is the future, it is in the hands of young people and beginners who will determine the Blockchain world to be, if they are just kepo and just go along with it until they don't understand it at all will make crypto go back to the past that the value of bitcoin will be exchanged with a $ 0.05 game account.
copper member
Activity: 840
Merit: 114
September 21, 2018, 11:18:49 AM
If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?
If you want to solve your problems you should be more focused on your job and making extra income. Bitcoin can help you, but it’s just by luck, just like in 2017 I invested and price pumped leading to a huge profit in return, so you can call that luck and Bitcoin changed my life then. And know it that I’m not relying on Bitcoin, I have other jobs that I’m doing, this one is a side job.
yes you really say. all work must work hard if you want to make a profit. if you have a job, you have to focus and keep working hard. and don't entrust bitcoin to your advantage, because bitcoin doesn't always improve, bitcoin is like the others, there will be times when it goes up and down. we also have to have side jobs like you and me. it will definitely change your life
hero member
Activity: 884
Merit: 500
September 21, 2018, 11:01:14 AM
What is needed to improve socio economics is regulation and change the economic people themselves, it’s all the inhabitants of the earth. But I am sure, new problems will emerge, because humans will meet it as long as they live because of their dissatisfaction nature.
full member
Activity: 455
Merit: 102
September 21, 2018, 03:02:59 AM
If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?
If you want to solve your problems you should be more focused on your job and making extra income. Bitcoin can help you, but it’s just by luck, just like in 2017 I invested and price pumped leading to a huge profit in return, so you can call that luck and Bitcoin changed my life then. And know it that I’m not relying on Bitcoin, I have other jobs that I’m doing, this one is a side job.
newbie
Activity: 77
Merit: 0
September 20, 2018, 04:54:47 AM
If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?

I don't think do. Many has loss their investment in cryptocurrency and suffer financial problem right now. I dont know if cryptocurrency has the capability to affect the overall economic problem.
No it is not true at all mate because bitcoin has solved a lot of problems and it is giving us a lot of money to make good financially status for us, we are in modern age we need this kind of things so that our life will be easy if we will have to saving and we will be able to make good investments, it is making our economical life good and we all should have this kind of saving.
I think that bitcoin is not capable to solve our economic problems, because the earning from bitcoin is not guaranteed and you may lose your money due to fall in the price. It will help in our financial problems if there would no volatility in the price and the income would enough that you can overcome your financial problems. People use bitcoin as part time and not full time.
Crypto currencies can do nothing but replace the fiat and increase the destruction of any country.Better to use it online and accept it as internet currencies.
newbie
Activity: 76
Merit: 0
September 20, 2018, 04:52:38 AM
If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?

I don't think do. Many has loss their investment in cryptocurrency and suffer financial problem right now. I dont know if cryptocurrency has the capability to affect the overall economic problem.
No it is not true at all mate because bitcoin has solved a lot of problems and it is giving us a lot of money to make good financially status for us, we are in modern age we need this kind of things so that our life will be easy if we will have to saving and we will be able to make good investments, it is making our economical life good and we all should have this kind of saving.
I think that bitcoin is not capable to solve our economic problems, because the earning from bitcoin is not guaranteed and you may lose your money due to fall in the price. It will help in our financial problems if there would no volatility in the price and the income would enough that you can overcome your financial problems. People use bitcoin as part time and not full time.
Also it will use in crimes too.The anonymous transaction can helps criminals to send or receive money police can never reach to them.
newbie
Activity: 84
Merit: 0
September 20, 2018, 02:12:13 AM
If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?

I don't think do. Many has loss their investment in cryptocurrency and suffer financial problem right now. I dont know if cryptocurrency has the capability to affect the overall economic problem.
No it is not true at all mate because bitcoin has solved a lot of problems and it is giving us a lot of money to make good financially status for us, we are in modern age we need this kind of things so that our life will be easy if we will have to saving and we will be able to make good investments, it is making our economical life good and we all should have this kind of saving.
I think that bitcoin is not capable to solve our economic problems, because the earning from bitcoin is not guaranteed and you may lose your money due to fall in the price. It will help in our financial problems if there would no volatility in the price and the income would enough that you can overcome your financial problems. People use bitcoin as part time and not full time.
No it can never be happen because it can impact bad on country's economy.People use cryptocurrency more than fiat which can stop the developing of country.
full member
Activity: 222
Merit: 100
September 19, 2018, 03:05:40 PM
I think it is not easy to solve socio-economic problems, cryptocurrency was not created for that and crypto will not be able to improve a country's economy. Cryptocurrency is made to make transactions easier with cheap costs compared to traditional transactions using money
sr. member
Activity: 1624
Merit: 250
September 19, 2018, 02:51:52 PM
If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?
I think, not everyone will enter the cryptocurrency world because there are still many people who do not understand about bitcoin itself.
It could be that digital currencies are used to buy goods from other countries if the digital currency is legal in all countries.
But to achieve this, there needs to be a digital currency monitoring department so that there will be no inflation

Older people may experience some difficulty in understanding the Bitcoin. In my opinion, when paper money was created for the first time, it had taken time.
Just we need acceptance by governments. Then we will have a better economy.
jr. member
Activity: 140
Merit: 1
September 19, 2018, 02:33:56 PM
If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?
I think, not everyone will enter the cryptocurrency world because there are still many people who do not understand about bitcoin itself.
It could be that digital currencies are used to buy goods from other countries if the digital currency is legal in all countries.
But to achieve this, there needs to be a digital currency monitoring department so that there will be no inflation
sr. member
Activity: 980
Merit: 255
September 19, 2018, 02:17:23 PM
The only thing that I can say for sure is that people will never help themselves if only they would want that to happen, any tools would not help.
This is a good point, right now there are many tools that people can use to improve their chances to have a good life in the future, just look at the Internet, the Internet has almost all the necessary information that you could need to become successful at any field of choice that you may like, and yet if you take a look around you, you will see that most people use the Internet just as a way to entertain themselves and not as a way to get information to improve themselves.
hero member
Activity: 1078
Merit: 514
September 19, 2018, 07:41:38 AM
About what socioeconomic problems are you talking about? Having some extra money in hands of every person could improve life and bitcoin and generally crypto can be such extra money, but from now the government is planning to take taxes from such kind of income, so again they are putting hand in our pockets to "make the social environment better", but we all know that at first they make their life better.
member
Activity: 392
Merit: 10
September 19, 2018, 07:40:14 AM
Since many governments in the world do not support cryptocurrencies, cryptocurrencies are difficult to solve socio-economic problems!
The main application of cryptocurrencies now is investment, and many people use encryption to speculate!
hero member
Activity: 575
Merit: 500
September 19, 2018, 07:32:20 AM
with crypto the limits of the central bank and the country will be eroded, we will transact directly or P2P and this will cut many trade chains and be very effective
In this chain, banks are actually the financial institutions and the third parties which cost you unjustly. Their primary goal is to maximize their own profit and to do this, they charge you many hidden costs that you are not even aware of.

Besides, you waste your precious time in making that transaction happen via a bank and the cost of the time is also included as a result the total money that you pay to get your job done is far more than what you need to pay using technologies like Bitcoin. So yes it will change the world’s socioeconomic problems.
member
Activity: 952
Merit: 41
September 18, 2018, 02:02:58 PM
Off course cypto can help the economic problem of any country just take for instance a country that is going through recession, it citizens if introduced to cryptocurrency will have a choice of choosing a secondary currency which will not be subject to the economic problem being faced by they traditional currency and again help eas their pain due to they economic crisis by way of making extra profit from cryptocurrency.
full member
Activity: 518
Merit: 100
September 18, 2018, 01:43:26 PM
It may help some to earn money but not the socio economic problems because  not all .people are engage on crypto  while some dont even  know about it. Crypto is getting popular but no one can tell that it helps socio economic problem as of now. Others make rich because  of crypto while some used it for illegal transactions and also government are against of it. But no matter what there are some that crypto help them to earn and  use it for a living.
member
Activity: 179
Merit: 16
September 18, 2018, 10:45:25 AM
Yes. It's a solution to the root cause of socioeconomic problems, which is government corruption and inequality.

https://www.coindesk.com/crypto-gaza-west-bank-bitcoin-palestine/

Quote
Palestinians are using Bitcoin to transact across borders amid conflict.

For a population with restricted access to the global economy, crypto changes everything. (Even supporters in the west have had their bank accounts shut down.)

jr. member
Activity: 42
Merit: 2
September 18, 2018, 09:37:23 AM
no because nothing about "people" would ever change. they would only use a different tool (bitcoin in this case) and continue doing the same thing that they have been doing before and nothing will ever be solved. not to mention that bitcoin is too small
full member
Activity: 476
Merit: 100
September 18, 2018, 09:27:29 AM
Maybe the cryptocurrenny will not break the world economic problem at this time because the world economy does not consider the existence of cryptocurrenny there are even some countries that are very opposed to the existence of this cryptocurrenny

It will not solve all of the above-mentioned problems but it will help the society to enter the new era. I believe, it will be the age of the blockchain technologies.
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