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Topic: Will crypto solve socioeconomic problems? - page 16. (Read 4341 times)

full member
Activity: 546
Merit: 100
September 11, 2018, 12:56:12 AM
Crypto is the base for the present time and it is good for the crypto socioeconomic situations because crypto is growing in these days and if we use it with out any job we can survive in the world the savings of the people are  invested in the crypto so inflation of the country can be controlled.
member
Activity: 378
Merit: 25
September 11, 2018, 12:28:48 AM
indirectly, it will help, but not totally will and can solve the present socioeconomic problems that almost every country are suffering from, many news and articles are written in the past 2 years that proves us that crypto has helped from an individual, it has created means for an individual to earn and has improved the medium of payments, transferring funds with easement and anonymous transactions has been the new trend.
member
Activity: 448
Merit: 10
September 11, 2018, 12:28:41 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'm sure crypto will be very useful in the country's economy because crypto can integrate payments between countries so that international trade payment transactions will be more efficient, and it will impact to the cheaper price of goods, so, citizens will be more prosperous


Crypto would be a great help to our economy but I don't that that this will not solve our socio-economic problem. Inorder to provide resolution to our country's main concern the solution starts with you or us, the government and the people behind it.
full member
Activity: 280
Merit: 100
September 11, 2018, 12:19:21 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'm sure crypto will be very useful in the country's economy because crypto can integrate payments between countries so that international trade payment transactions will be more efficient, and it will impact to the cheaper price of goods, so, citizens will be more prosperous
full member
Activity: 476
Merit: 101
www.daxico.com
September 10, 2018, 11:08:23 PM
It's a 50-50 chance of having it done or not having it done because not all people have the same perception towards cryptocurrencies. Let's just picture it out in a broader way where some countries ban crypto while others do not as they have witnessed how cryptos helped lift their economic status.
sr. member
Activity: 1190
Merit: 250
September 10, 2018, 10:14:36 PM
I am sure that the presence of Crypto is the answer to the many problems of the global economic system, it is time for a better change by using a decentralized system so that everyone has the chance to succeed.
member
Activity: 490
Merit: 14
September 10, 2018, 09:39:36 PM
If we talk about that country very far ... but to help your family's economy, cryptocurency continues to grow and it is very helpful for me to say this because it is proven including friends.
member
Activity: 700
Merit: 10
September 10, 2018, 09:34:13 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?

If bitcoin adoption become reality, i am believe many merchant will receive crypto for payment and people can make transaction with others from other countries more easily. I am believe it will improve country economy because with blockchain and cryptocurrency, can save a lot cost and company can expand their bussiness
member
Activity: 196
Merit: 10
September 10, 2018, 05:37:37 PM
Cryptocurrency can make someone who is very poor financially to become a little stabilized to get daily bread and have enough support for themselves.
jr. member
Activity: 490
Merit: 2
September 10, 2018, 06:21:11 AM
with effective transactions using crypto, the first step is regulation and legalization. when it's finished, the crypto way helps the economy is with taxes for each transaction. because I'm sure crypto will be more attractive for transactions to overseas.
newbie
Activity: 54
Merit: 0
September 10, 2018, 06:07:25 AM
Gone were the days when I was poor financially and I use to beg for money from friends and family but being introduced to cryptocurrency, I can afford my daily bread always and I see that as a privilege too.
hero member
Activity: 798
Merit: 527
September 10, 2018, 05:56:32 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 am sure the cryptocurrency will continue to grow and many countries will be encouraged to create their own digital currency. In this age of digital need a new technology is needed to overcome economic problems. This technology requires a regulation so that it can be accepted by the government and the community, so that no party feels disadvantaged.
There is no doubt that cryptocurrency will be able to assist in some certain problems when it comes to socio economics, but the way a lot of people are putting it, crypto is not a magic wand that you just put out there to completely solve socio economic problems as government of each country will still have a lot of part to play in that aspect of socio economic problem.

The blockchain technology itself is a great one, but it depends on how the government is going to be utilizing it either for the benefit of the country or just for themselves.
sr. member
Activity: 882
Merit: 250
September 09, 2018, 12:07:20 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?

it can certainly help but not totally dissolve all the economic problem of a country, bitcoin is the revolution of people who wants economic and financial freedom, bitcoin has proven that it has so many opportunities for us to earn and control over our own money, it has developed new ways and means to fully maximizes the utilization of crypto technology.

I do not understand how the cryptocurrency can solve these problems. Suppose, the government of the countries should better think it out, how to make the life of their people much better. BTC can simply make some online exchange operations more convenient.
full member
Activity: 406
Merit: 100
▰▰▰ MODULE ▰▰
September 07, 2018, 07:13:14 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?

Socioeconomic problems is rampant, and thats sicj is depends on the person behavior,but if we works on in cryptocurrency maybe the impact either bevome positive or negative,because its depend on the behavior of the person on how to handle to not become a socio economic,because first if you are ambitious and have goal in life,you must stop to become social life person in order to achieve your goal,or maybe the negative impact because of your so many crypto investment you must become dependent and you must spend everythings should you want to buy by using crypto coins or used it for gambling thats can turn you into nothing.
newbie
Activity: 37
Merit: 0
September 07, 2018, 06:43:48 PM
I agree with you.People In a country of higher unemployment rate for instance would be able to make a living full participation with crepto.
jr. member
Activity: 119
Merit: 1
September 07, 2018, 06:29:05 PM
I think yes. As we know that there are many factors cause socioeconomic problems in many countries such as poverty, human life style, jobless and etc. One most the biggest factor suffering by almost in many countries is poverty. Now days, bitcoin comes and brings much advantages and it helps many people financially. Of course, therefore automatically it will eradicate the number of poverty and increase the purchase and sell necessary things.
sr. member
Activity: 980
Merit: 255
September 07, 2018, 05:24:21 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?
Bitcoin is going to solve one of the biggest problem that we having the economy right now which is fiat, fiat cheats on whoever is using it except the government and the banks, everyone else is dealing with a currency that steals from them all the time, this is not going to happen with bitcoin and when people finally realize this they are going to change their useless currency for bitcoin, they will realize that if they do not use their bitcoin and hold it they will be able to buy more stuff in the future.
hero member
Activity: 826
Merit: 502
September 07, 2018, 03:41:38 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?

In this case, bitcoin can help people to improve their financial problem and full fill their need. It has contribution and role play to eradicate the poverty in certain country. But, I term of economic problem of country is not only about poverty, the stability of all price of primary need is also economic problems. The value of currency of country is also should be concern.

I really do not know whether bitcoin will help that problem or no, but individually, it really helps help my financial needs.

I really think not. Bitcoin only helps people to improve their financial life when they are earning bitcoins. With that same logic, you can say that fiat can also improve you financially. But nothing will happen at all when you don't earn it. Both of them are nothing but a medium, both of them cannot eradicate poverty.

Knowing bitcoin and gaining knowledge about it doesn't give you any good. You need to be involved and start making money. Another way that bitcoin can help you financially is when you're able to ride the pump. This will require money and people in poverty are not able to afford bitcoins.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
September 07, 2018, 02:33:44 PM
That is really true ,one of the socioeconomic problem is the financial crises ,many married couples are on fight and misunderstanding with each other because of financial problems, and I believe cryptos can help it partly ,through joining cryptos but depends on the interest of the parties concerned in joining cryptos ,for I trully believe it can help this socioeconomic problems.
One thing I still believe is that not everyone will have access to it due to some limitations most especially when it comes to technology for some underdeveloped worlds. Sure, it has the capability of enriching early adopters over time which I believe could at least bring about some creation of jobs, funds for other investments and so on and so forth.

Moreover, I do not think crypto on its own will solve all the problems as there would still be some limitations and from some of the examples we have seen so far most especially with Venezuela, we sure know the angle the governments are going with crypto, which does not look like a way of solving socio economic problem.
hero member
Activity: 924
Merit: 505
September 06, 2018, 06:50:12 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 we can use bitcoin to buy good at other country because some country are accepting bitcoin as a mode of payments and it will be a big help because its easy to send money.
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