Bitcoin Forum

Your economic competitor is no longer your next door neighbour but the guy in the next side of the globe. A country that wants to know how far they have grown or measure there progress level should have a check on other countries of the world. Take children in school for example with others in other countries especially in lower classes (using the catch them young slogan), you can rate the level of their learning capacity and what they are taught in their curriculum. If children in one country is still learning the basics and rudiment of mathematics and children in same class in another country is already far ahead in technology, manufacturing and building technological equipment, you should know what economic impact the future will become. What you have is what you will give. People are a function of their environment and will impact the environment in the best way they know. So is wise to give the young ones the necessary and basic knowledge required because the society and economy will be the benefactor at the long run.

This is even more true in jobs where your physical presence is not needed, now you are literally competing against all people around the world, and if you can do a job but the other person can do it for half the price then the other person is getting the job regardless of the quality of the service.

This is why it is important to try to improve yourself and invest in your education as that can be the difference between getting the job or not, and in a job market as complicated as the one we are facing due to the pandemic you cannot afford to lose against your competitors just because you were too lazy to keep improving yourself.

I agree with you, the problem of creating unnecessary occupations is not only bad in the sense that a country's economy will not be competitive, but also creates additional pressure on unemployment in a country. I will give a concrete example where one country educates a large number of teachers, and on the other hand there are fewer and fewer children in schools due to poor demographic policies and emigration. On the other hand, it completely neglects deficient occupations and has to import labor to keep some sectors functional.

It is true that everyone reaps what they have sown, and countries with a poor education and science system are usually at the bottom of the scale when it comes to development. While there is something called ordinary incompetence that results in a lot of bad things, there is also a conscious intention to keep people as poorly educated as possible - because they are much easier to govern than those who are educated.

If we were to put things in a global context, then we could conclude that it is in the great interest of some for others to be less educated, as they are usually used as cheap imported labor.

Very apt, this is the reality in many developing countries. And those citizens who are truly determined or gifted or fortunate enough to achieve academic excellence usually seeks a more convenient working environment in more developed countries. So the best of the population migrate out and the cycle of illiteracy and unemployment continues.

The most noticable interest are those highly educated labor force in my opinion.
Individuals who emigrate to be used for cheap labor usually would have gotten far lesser pay in their home country, so to then they are being exploited less.

Did you mean China and India is making progress in technologies  by leading the educational reforms and US and EU is slower in these aspects? I think it is good to take names of these countries to clear out any confusion.

BTW, if you have never visited India or China yet, you must go because your jobs have!

This is obviously not the point. At least India is referred to a third world country while US or EU is referred to a developed country, so they may not be in class of comparison. But for a third world countries, India is definitely doing well in technology in that class. Therefore if there should be comparison it should be in the class of third world countries while they look up to advanced nations.

It is true that children are the future, it is also true that if you properly educate a child, you have set the pace for development. Countries of the world that are still behind in this age, in terms of technology, exposure and curriculum need to begin to seek ways to be better.
   
 It is very sad, but i must say that some political leaders in some of these countries that need exposure for the younglings have travelled and visited other better performing countries and have seen things for themselves, but as a means to subject and keep its people in lack, it has refused to import such amenities and curriculum to its domain.

yep the latest trend of 'work from home' that governments want to get businesses to try.. will back fire

im in the UK and many businesses have found out that the work at home method actually makes businesses realise how not needed some roles are.
yep even when people could have been furloughed and paid by government. so no cost to the business. the business didnt want to just keep them 'on the books' but instead handed them their 'your fired' papers.

they then prepared to recruited others who could do the job cheaper for when the business reopens. and those people dont have to be local
indian call centres own the majority of UK call centre employment.

heck i can easily see america not wanting call centre staff to work from home at $15/h
when they can just remote hire british staff at $10($8.90) to ensure they have cheap english speaking staff
then the company doesnt have to worry about income tax.medical care.

With more people losing jobs left and right, this competition for work and for a better economy will only get tighter against multiple countries. Companies are much better off hiring people overseas that they could pay less than what the regular American is supposed to be given, this creates the problem and altogether costs locals their jobs. They could try to do the same with other countries but the number of nations that could handle this is relatively small right now.

So true. I definitely agree. As you sow to the young generation so shall you reap as a society in the future.

The sad reality is that the education system in my country is generally geared to produce employees. Young brilliant students are honed to accurately and efficiently follow instructions and produce exactly that which is asked. Promising young men and women are shaped into perfect followers who perform as instructed. This system produces slaves.

While young students in Japan are coming up with technological inventions, young children in my country only dream of a decent regular salary someday. While the younger generation somewhere else are taught to become entrepreneurs, leaders, businessmen, and so on, the younger generation of my country are taught patience and hard work which roughly translates into not quitting from a 12-hour/6-day per week job which pays minimum salary.

When a professor tells his/her students to just be patient because hard work pays later on; when he/she is encouraging students by citing rags to riches stories of old CEOs who used to be mere janitors, there is already something terrible wrong in the mindset.

Whilst I'm sure there will be more WFH after the Covid pandemic subsides, I don't think it will be an abrupt 100% shift. Big companies have obviously seen that WFH is viable, and they can massively reduce the overhead of maintaining expensive physical offices... but many companies I think are not ready for 100% WFH. The near future I think for many large companies with white collar jobs that can be done remotely will be a hybrid model where you still go into the office x days a week, and WFH the rest. This way they can reduce office space and costs without throwing it away entirely. Businesses tend to be cautious. I think physical spaces will retain a foothold, at least for the moment.



I'm in the UK, too. We already have many call centres and outsourced IT jobs in India in order to have cheap English-speaking staff. I imagine this trend will continue, and will promote levelling of opportunities between nations... but there are certainly difficulties with it, one notable example being the time difference. The WFH revolution will of course also help to level opportunities within nations. You'll no longer have to move to London to get a top job... you can WFH, and maybe travel to London once in a while.

Overall I think it's a welcome trend, and should help to reduce inequality of opportunity.

Why would someone compete in terms of economics? That is the job of my government, everyone has their role in making an economic progress so doing your role and not worrying about the role of the others will make for a better progress.

i live near a call centre and their 'clients' are mostly american pre 2020 year. i could see the office was lit up 24/7 with the 'peak shift' being 2pm-11pm. (50% of carpark leaving at 11pm) and no they didnt get double time for unsociable hours(that was for the midnight+ shift)
during covid. the office was dark and looked abandoned. the carpark was empty every day. but atleast the streets were quieter so +3 for that

what i see happening is british businesses subcontract their support system to india and america subcontract their support lines to the UK

as for office space. the WFH people only 'meet up' at a local/regional 'rent-an-office' place once a month so they can celebrate their best employees and spank the worse employees.
it was like a 3 day event. 1/3 of employees per day to spread them out for 'covid security'
(my neighbour works from them and instead of a 600m walk to the office its now a 3mile drive into town once a month)

so far the excuse for not using the home office they still pay for, it was that the office was not 'covid safe' so they had to use another location
i can see this continuing even after covid because its cheaper to rent a conference room for 1-4 day a month, rather than maintain an office all month just to be used <10% of the time

i can see the benefits of uk call centres seeking clients in america.. their population is 5x greater meaning 5x oppertunity to seek work than they would get 'staying local'

but i dont see companies that do WFH maintaining their current office space. they will just end their lease and downgrade or just 'rent-a-room'
i can see many leases expiring in 2021 not being extended. because many in 2020 were not extended

I think what we should teach the younger ones isn't about competition. Well, it's given that there's a serious competition for everything that we do, in career, jobs, talents and other things that we might think competition is necessary. But that's shouldn't be the focus of opening their minds.
What we should open to them is that they are unique and have their own greatness that can be appreciated by themselves. There's a big problem about having that confidence because we're already giving them the discouragement about being a competitor even though, they can be good in their own terms and ways.

Seems correct. The curriculum needs to be upgraded right from the school level where basics of crypto currency’s shall be added. This subject could teach the students with whole new realm of technological advancement. I remember how schools started teaching the “coding”/“programming” in the junior classes so that students can go to the information technology subject area or improve their basics right from the beginning. In similar fashion this can be done with crypto space.

We are really in the premature stage and such decisions could be game changer.

Broadly speaking, the curriculum is a guideline for running the education system in a country, in this case each country has its own version of the curriculum. Depending on how centralized a country is, for example in developing state funds, it is clear that the curriculum implementation system will be very different. If you look at the curriculum at the education level in Finland, is it the same as the curriculum in African countries? that's the reason why every country can't be on one line.

The reason is, this country is dominated by technology because it is capable and also capable of all affordable technology sectors. However, in contrast to the curriculum application system in developing countries, they will focus on the development of the country, so that they can catch up with the sectors that have been determined. the curriculum is usually built on the legal and philosophical foundations of the state. China with a communist curriculum system, which we already know how progress is, has surpassed a country that adheres to a basic democracy curriculum.

I know that education is one of the most important things for a successful economy but I don't think it should be the only one that the government should be focusing on doing as there is a lot of cases where even though there is a lot of their citizens graduating at higher education and there are no jobs for them to get employed after they will just be left out as one of the unemployed people after graduating. They are either forced to move out of that country or just take a master's course just to get qualified on one of the jobs or at least get employed. Governments should at the same time attract foreign investments as well as create laws on encouraging citizens on creating their own company so that it ensures all the graduates to have jobs for them after they graduate.

Everyone are competing against each other in this world irrespective of where they are from for reasons such as money, popularity, power etc. This has always been the case and it applies to literally every kind of being in this world.

The ones on top survive comfortably while the ones on the bottom struggle to survive. Also, the biggest competitor that you can find is you/yourself(Popular quote).

The first company I've worked for 20years ago was part British part Swedish, they've already at that time moved their customer support center to Eastern Europe, do you think an American company will move to the UK when they could easily just move to another way cheaper states where you can easily find people that speak acceptable English? Plus, half of the UK speaks something that sounds more like Spanish to an American.


And you think that half of the car park belongs to people getting paid the minim wage and no extra hours?


The number of employed people in Germany has grown by 4 million in 10 years, the whole EU was hitting the best year in employment in 2019 with 73% employment compared to 66% in 2005, a full 20 million jobs.
As for India, how many migrant Indian workers are right now in other countries? There are 4 million of them in the Middle East alone, working in near-slavery conditions, and the ones that are lucky have fled to Europe and the US.

I also feel that people are losing their own values ​​of life rather than fair competition.

A few problems over the past few years, as we slowly lose our main jobs and the economy is declining. Instead of looking for solutions to improve their own knowledge, many people choose to be more precise that they have no choice but to accept life and follow the lead that they do not understand themselves to do something. Soon there will be a demise and a lot of people will have to realize how valuable knowledge is.

Ofcourse. Children should be taught to make/invent good things and be usefu tol society. And they must be taught only  good/right things, and you don't mold them to become what they are not designed to be. By the way, there are lots of kids who go through apprenticeship and learn how to make very useful things...People tend to ignore that important aspect of education. If you could just modernise the apprenticeship without  changing the setting too much (just upgrade the master's equipment and teach him how to use it), it could compete really  well both Internationally and locally.
The children  will  also need be taught to read and write, plus other good basic subjects that won't bore them or make them dumb.

The united states is known for having 25% of all the lawyers in the entire world at certain points in the modern era.  :D

Nationalists have sought to encourage youth to pursue careers in science and engineering rather than law school for decades, knowing the countries "technology advantage" is at stake. Competing nations like japan have a mainstream culture built around science fiction anime. Values and ideals from these genres of storytelling lead to japan's youth embracing careers in tech/science in vaster numbers. Translating to japan enjoying a technological advantage over many of its rivals. (It can also result in a higher percentage of the population devising methods to have sex with robots but we don't have to go there.)

There's a school of thought which claims a nation's overall success and standard of living depends upon how effectively it is able to develop & harness the collective intelligence, creativity and resourcefulness of its population. Perhaps that may be a goal worth striving for?

It is true that economic competition occurs all over the world, not just between nearby countries. Therefore, to become a winning country,
the young generation must be given the right education. Most third world country education lacks practice and only focuses on theory.
Therefore, third world countries must change their education system, by imitating developed countries. In my opinion, a country that is
successful with its young generation must be able to have good economic and technological knowledge. Because these two factors can make
a difference, if a country is superior in the economic and technological sectors,  I am sure that the welfare of its citizens is more secure.

And this is happening! While some kids got their tablets, hi-spec laptops in the first grade and they learn programming languages, coding, about web development... some kids don't even have a school! It's got destroyed by some bomb, long-range missile, or a crazy terorist... And where are all those schools in countries that are still struggling to run away from the conservative way of thinking how we don't need computers, we need workers! Well, I guess the world needs workers with basic skills, who doesn't think too much, they just work on simple jobs...

Internet and crypto are opening the world, and in many ways, these two are deleting borders and obstacles between people on the other sides of the world! Of course, the ones with more knowledge will have an advantage and higher chances to find a better job!
But let's not overthink it, this world is still far from fair and equal for all! I don't believe we will see that changing any time soon!

I think the pandemic just made it worse. Since everybody is working from home these days it doesn't matter if you are 50 km or 1000 km away. The most important thing these days is having a decent Internet access and being able to speak foreign languages fluently. Also the company might be looking for employees abroad because the labor laws could be much more loose.

That is what is called the purpose of education in general. but we cannot forget developed countries and developing countries as one of the things that makes this look different. Copying other countries in terms of science, technology and science is very important. but not to the point of eliminating the identity and distinctiveness of being a citizen himself. not necessarily all imitate, all cultural and social aspects are characteristic because all countries have different cultural values based on their geographic location.

Yes i really agree. Especially with the development of technology, and more open economic condition, we really have to compete with everyone, all around the world. Not only within our area, but much wider than that. And it's more hard for those in developing countries though, since most of us still really behind others in many aspects, like education, technology, and others, and many foreign workforces are coming in too, making it a lot of times harder, but still, that's the challenge. We should overcome those to develop ourselves. I guess everyone should try hard, and not get satisfied easily with themselves. Always seek for more, learn more, and try harder.

Ofcourse. That's one of the problems I had observed about developments amongst people with different cultures, weather, environments etc. I believe people/society should develop along the line of their strengths rather than trying to be like other people/countries. However, every culture or society has to stick to or revolve around the Biblical Golden Commandments of "Love the CREATOR(GOD) and people" while developing.   That should guide us to develop in the right direction.

you can factor in the harsh living of the people on the other side of the globe. when you survive living in worse conditions of life you will begin to think of changing it for the better. and they did learn to strive harder. the kids in the rich countries play online games and PlayStation all-day and didn't even learn how to use MS word/excel documents while the poor kids from the poorer countries work and will try to study harder to learn. with discipline, the poor ones can achieve what others have not.

Now the competition gap is increased.And comparison with the next door is no longer exist. Not only comparing the individual asset, but also the product sale.If the production is happened, it can be sell all over the world. You had compared from the childhood. It's true fact. After graduation the children will competite with the high knowledge people.

People have been recognized this term for such a long time. That is why the world is getting closer and closer. Moreover, the internet has blurred the gaps between countries. The whole world has become a part where you can work at anyplace and anytime

And as you mention above, it is good to learn from other countries which have been proven to be cooler than us.

We actually already had an abrupt change right now, sure not everyone will start working at home, but I am sure companies who have seen the results of these days where people worked from home could make a decision based on this as well. How? Well if during this period even with coronavirus, they have seen increase in profit and productivity, some companies may say they will stay at home even after coronavirus is over and not a threat like it is right now.

This is why I honestly believe that we should be looking into work from home as being a viable option if only if it is helpful for the company, sure it is great for the workers, who would want to go to work, but if it is not profitable then business' will not do it. There are few big companies here who changed to full time work from home forever, not "until further notice" from now on they are like that, sure there are still people working at office as well but %90 moved to homes for good, that must mean they made more profit this way.

There are different perspectives for this type of issue. First of all obviously war is bad and wherever there is a war, there is a whole generation not becoming a decent business person or an evolved nation, you are missing out on a whole generation with a war, some places like middle east lost more than few generations, they have lost decades, but there is nothing I can say about that, I hope it ends is the only thing I can think of.

However for places with either conservative or basically corrupt officials that do not improve the lives of kids, either for their values or it would cost them money to help kids that are not at voting age so they do not care, those nations could instead focus on being manufacturer of the world.

China is getting bigger and greedier so companies started to move to other nations, and I think if you can become a great manufacturing nation, you could gain from that as well. It is not ideal, it should be a lot better, but it is better than poverty.

That's how it is! Our youth is the new generation and the future in every nation. It is true that we are experiencing critical moments. However, we must join forces so that our young people learn the basic fundamentals of technology, so that they do not miss the opportunity to know how the world is developing. Fortunately we have the internet that breaks borders to give us information and is a good alternative to reach learning.

I am bullish on bitcoin and cryptocurrencies. We have won economic freedom. I was reading the comments of a Spanish Binance tweet and I could see how the Spanish speaking community is interested in Binance Visa debit cards. Everyone wants the card in their countries, we have no limits, the chains are broken, and this will transcend at all levels.

It is true, that successful people are born from those who have a history of life that is hard and full of struggles, so that the presence of education in our scope provides access to achieve noble ideals. but there are not a few heinous practices where there are a few people who take advantage of the situation as a means of earning an income. we all know, education is mandatory for every citizen and is entitled to access to education for free. however, managers always polluted educational practices, deferring large monthly fees. not a few children are neglected and decide to quit school because of cost constraints.

this is where bitcoin plays as a savior for them to be able to provide access to knowledge. I still remember people teaching me about bitcoin, he was only a basic school graduate, but because of his hard work and persistence, one day his fate far surpassed the life of the state minister staff. that's because one of the ways is through access to the bitcoin world.

I have been thinking the same but regarding college, I understand why we need regular classes as for the most part the education system before college is just a big daycare and we do not have any guarantee about the capabilities of the students.


But when it comes to college why do we need students to have a physical presence on a classroom when they can take the classes remotely? Only the best should go to college to get a degree in something useful and those people can learn from the books and receive minimum instruction from a teacher, why do they need to pay hundreds of thousands of dollars on an education that can be given so much cheaper especially when student loans are such an issue right now?

A very good point that you have kept but I think this change is gradual. You can expect a country to just slightly speed up this change but you cannot expect it to overhaul the whole process and do something which another country in the West is doing. For example for any Asian Country teaching students relating to Technology, Manufacutring & Equipments at a nascent stage is a mess altogether. One reason is you don't find Human Resource to teach the kids this thing and the second issue is the cost, even if you do bring some bright Human Resources who posses this knowledge the costs of that Personnel would be a lot higher which most of the population won't be able to afford. Moreover Apart from Schools, society plays a great role in Education too, The societies in these countries aren't that developed which ultimately hamper the growth. This is why Migration is shooting the charts it's all because of better opportunities and better future for your offsprings.