Bitcoin Forum

Cryptocurrency is about to change the world.

With this change, how do you see cryptocurrency supporting the low-income individuals in the world who do not have access to technology in general, limiting their access to this "boom"?

It doesn't need to access to the technology to getting started with Bitcoins. Today, anybody can do it with a cheapest smart phone as well.

I think that cryptocurrency is not even close to ordinary people. Not also because of price, but also because it's not clear how to use it. Crypto can replace fiat only in case it will accepted everywhere and easy to earn.

Yes, exactly even the people with cheapest budget smartphones can do alot of things related to bitcoin. I think alot of people who are not getting a job are getting income due to bitcoin and some other cryptocurrencies. This also would be a great opportunity for students to earn money through bitcoins. But the main problem I think with cryptocurrencies is that alot of people are still not aware of it.Also alot of them feels it is risky and just ignore it's existance

for the future to grow easy and bigger we help each other with any situation especially a newbie like me. i promise if i have a better experience i will seek those who's willing to learn in this world

I think it´s not not nessessary that people in those states will get access. They are not useful to be a part of it when the cashflow is that low. That hard it sounds...

Like USD which you also can not use in every country, it will give places where you will never can pay with cryptos. The difference between USD and cryptos is that the USD was very well distributed. But the currency protectors also have had several hundred years for this(very hard since 60 years). Cryptos are at the beginning.

If the bitcoin is at a very high price like 1M$, than a volatility of 10k$ is only 1%. The more the less like USD/EUR if you wanna think in this currencies.
In a few years there will no one be able to ignore it in countries with a strong economy. And the usage will become easier(It must).

Single cryptos maybe can be canceld or will be forgotten, but ideas can not die.

Although it sounds tempting, but there are still people who may question how the existence of this digital currency in the future. With a fluctuating price, when prices decline due to issues or news that are less positive

Those people aren't ready to enter the cryptocurrency frenzy that we're about to see next year, and the upcoming years. And I'm pretty sure that they're not interested in new techonologies, and they'd rather spend their fiat currency for daily necessities, than putting their part of their savings in cryptocurrencies. For now, cryptocurrencies do not need to reach every social class, that will come later.

Well I do think that one would need access to Internet a vast amount of knowledge and a lots of experience with the devices to be able to get into this world of crypto currency.. thus I don't think that it's possible to involve people with this low income at this time , well who knows what future holds for us maybe there will be a day when you will get free WiFi and mobile phones from the government if you cannot go ahead and buy it for yourself but I don't that anything is possible right now

I honestly think that even the richest man cannot use and earn BTC if she or he doesn't even know it. That's the same situation among the low-income people. Even with the most powerful smartphones or the high-end laptops or computers, if you don't know what is Bitcoin, definitely you can't have it.

Cryptocurrencies are known to regular people already but not all still. Understanding crypto like they can start buying and depositing to their addresses takes time though. But through the help of mobile apps I think it helps the adoption of cryptocurrencies which will soon also make people learn btc and eth and alts.

Everything will go well with time. I think later in the future Bitcoin can be used by various layers of society, not just for the rich. Maybe someday there will be a tool and system that can facilitate the transaction, in essence Bitcoin is a payment memdia easy and fast so it can be used by everyone.

I see a brighter future with this bitcoin, because this bitcoin really helps the economy of the people who use it including me. Bitcoin provides access to open business and opens opportunities for all levels of society to make money. Bitcoin can also change the lives of users to be better and think ahead for a better future.

Blockchain technology is about to change the world. That has nothing to do with bitcoin.

Bitcoin is a speculators toy. Poor people can’t afford to play in that world so they will be left behind.

in my openion,i think criptocurrency is helping to change the world's future.in future every people use bitcoin to their daily work.so everything go well.

when we succeed in creating change with crypto.
still there will be some people who are left with all its limitations.
either from access to crypto or about those left behind by technology.
therefore it is very important to be able to learn the technology

Bitcoin is new technology so it will be hard for non techy guys to understand and get into bitcoin, without internet bitcoin can't be used so people who don't have access to internet can't transact with bitcoin.

With more media coverage and increasing penetration of internet around the globe, soon people from non tech background and from remote part of the world can also trade, transact and use bitcoin as currency to remain safe from financial disasters and high taxation.

Cryptocurrency is familiar to many countries this is the main advantage of supporting all area individuals. But it take more time to spread in complete world. This is one of the best digital technology. Easy to handle anywhere in the world. It is one of the major advantage of security system. It is easy to control and monitor in anytime. I think will rule the world currency in future.

Bitcoins are nowadays becoming popular with a great pace but many people are unaware of this. Slowly it will replace money and cryptocurrency will take over it.

yes i think it is crypto currency is about to change the world in the future because it is have a potential to become a one currency all over the world and i thought it is the answer for being poor so crypto currency is the better way to become a money in the future. thats the future we want to have.

Bitcoin will become popular in the future. Bitcoin can make money. In future, unemployment will be reduced a lot. Many young people have achieved success through Bitcoin. If the government supports, then the use of Bitcoin will be further exposed. However, there should be a good idea about Bitcoin.

I think that in general, crypto-currencies will have a positive impact on the global as well as on the local economy. Crypto-currencies should become the tool that will maximally reduce unemployment, create conditions for poor citizens. Bitcoin and many Altcoins already create conditions for people who do not have a permanent job, for additional earnings. Therefore, the crypto currency will have a positive effect for our future.

It's a very important question. Since I'm at the crypto market I became some kind of philosophist. I often think about people around me which I know or even don't know... This market gives a huge benefit now to those people, which are at the right place at the moment. But 99% of people are not involved at crypto. Many people watch for crypto and BTC every day, but they do nothing to be here. Somebody afraid scam, many people believe that this is just another bubble and ponzi scheme, some of them are too lazy to make a research and decide to do smth. I guess that in a few years all these opportunities will gone. Common people live and don't even notice that they become poorer. Everybody is very distracted from the real live and real opportunities with their jobs and a daily routine.

So that's the problem now, but not in a hurry, and in the next few years, as the blockchain grows more and more, the problem will be solved.

There are plenty of benefits to people in the third world... Root Project is an example.
Yes we are privileged and there are a lot of people who don't have the opportunities that we so often take for granted, but blockchain can be a technology of emancipation and can help to reduce inequality.

The future of crypto is near, and i believe that this year you will see the stronger coins shine better than ever. The weaker coins will simply die out or become obsolete. Bitcoin will rise ofcourse but i think one day Altcoins will be as strong as Bitcoin.

Most of the people aware of cryptocurrency because they doesn’t know properly about it and they feel it is a very risky way to earn money. If a people can understand about the full process about investing on bitcoin or any crypto and invest money into that then he/she can get a useful profit from that. There are many young boys and girls who can’t get a job at proper time, they can earn money from this system. Many students don’t do anything with their study, they can earn money by just investing into any crypto without doing extra work. Peoples are knowing about this system and being encourages and this is the most positive think of its future.

Cryptocurrency will have a really big impact in today's society. Many people will learn to invest in this new currency. This new currency will also give jobs to people and another way to earn more income thru ICOs.

Yes, I think blockchain can solve a lot of issues even for individuals who don't earn much. Smartphones are getting more accessible each day. Back in the day people couldn't afford a laundry machine, but as years past it became affordable. I think the same thing will happen with modern day technology.

I do not think ordinary people can easily use blockchain and a variety of virtual coins, because it requires people to have a little understanding of the blockchain and at least one smart device. Therefore, access to the wealth of the block chain can only be more familiar with the blockchain Internet people.

Growth of competition on financial market is the main gain for poor. Now they have to pay incredible rates to transfer money to their relatives or get a loan.

To be able to be here in this crypto currency they need internet, how they could be able to participate in this crypto world if they dont have internet?!. second, not all the people can do the cryptocurrency because of so many reason like they are afraid, they don't know how to do this, they will think this is scam and many more so I don't think this crypto currency will change the world a lot, just the people who can embrace this changes.

For sure especially now in our current generation if you are not in with the trend then it's possible that will just get blown by so you better equip yourself. And with the cryptocurrency equip with the latest features of technology that can help it withstood every challenge or adversities that may came and help their user live a much more comfortable life.

I have read recently that in Toronto a charity event was organize. People who work in the cryptocurrency field collected something about 70000USD in coins for homeless troubled men of the city.

People don't know properly about cryptocurrency and they feel it is a very risky way to earn money so that most of them aware of it. He/she can get a useful profit from that if a people can understand about the full process about investing on bitcoin or any other crypto and invest money into that.
These people can earn money from this system who can't get a job at proper time. Students can earn money by just investing into any crypto without doing extra work who doesn't do anything with study. The most positive thing about its future is people are knowing about this system and encouraging.

Actually I'm not very bullish on encryption in the money markets in the future, now filled with too much speculative,  everyone enter the encryption of the currency market to make money, but I've been thinking about a question: who will lose money??

I think the low income class will benefit immensely from the adoption and better economy structure that will evolve as a result of  wonderful features readily  available in most cryptocurrency .  There are many cryptocurrency that also support basic income for everyone regardless of your employment status.  Future of money will be very interesting to say the least