Bitcoin Forum

What would be all the ways one can Benefit from Bitcoin and other cryptocurrencies?

What types of opportunities do you think Bitcoin creates for everyone?

When I say ways. I mean things like - trading - HODL - earning - doing content creation - creating a coin - working in blockchain etc.

I know also you can earn interest with Bitcoin such as staking etc.

Can Bitcoin create careers and jobs within the ideals?

Can Bitcoin advance one's well been?

what types of lists can you all come up with?

What benefits have you seen from Bitcoin?

What type of opportunities have you experienced or do you for see with Bitcoin

Perhaps What types of people should be involved?


Look forward to all your thoughts too.

Descriptions are also welcome.

It is a decentralized peer to peer network, which is immutable. What benefits one can get from it depends on how they choose to use it; whether as a speculative asset or as an investment.
Do not expect Bitcoin to change economies or to be means to bridge the wealth gap.

think of it as:
a tax haven without the need to be a big business with shell companies
a stock/share without the need of a fund manager
a retirement reserve without the need of a policy
a inheritance plan without the need of a will
a international currency without the need of a bank account
a deflationary asset to hedge inflationary fiat
a casino token to gamble without the local fiat laws


opportunities
find a drop shipper. advertise products priced in bitcoin, get dropshipper to handle the distribution logistics
offer your skill, talents. knowledge in exchange for bitcoin
make games/apps that use bitcoin
start different projects

with fiat. starting a business means you need a business bank account which usually intel's you having to submit a business plan and have credit checks and criminal checks.
however you can start a business and receive bitcoin without all that hassle
you can sell internationally without needing to register in every country your trade to

Isn't that obvious (I mean the benefits).

1. Decentralized (no central authority control)
2. Built with open source codes
3. Deflationary
4. Limited supply
5. Easy cross border payment
6. Employment
7. Because of bitcoin, altcoins also evolves
8. And many others.

Your title is misleading, you're actually asking how to make money with Bitcoin.

To answer that, there's a lot of topics on this forum and articles on the Internet about this subject. But from my experience, the opportunities are very scarce, and generally it's better to earn fiat currency and buy Bitcoin with it, rather than trying to earn Bitcoin directly.

List Of Benefits:

#1 The speed in which your money can be sent/received. You can get your money to the recipient before they even finish typing your name. This is something that traditional banks do not offer.

#2 Bitcoin can be transferred from one currency to another, anywhere in the world for a small fee. This means there is no need for a third party, in order for the transfer to occur. This is an advantage for those living in third world nations, which rely heavily on online banking.

#3 More financial privacy. You are not required to reveal your identity when you transfer or trade with bitcoin.

#4 Decentralization; No central administration or authority. The network is managed by a huge and diverse group of people which makes any rules that are put into place very difficult to change.

#5 Security. To ensure the validity and integrity of transactions, Bitcoin utilizes a private and public key cryptography.

#6 Transparency. Bitcoin is probably the world's most transparent payment network. All transactions are public, traceable, and permanently recorded in the blockchain.

Personally, allowed me to connect to the online world in terms of shopping, earning and etc...
^{- I happen to be partly from a country that is heavily sanctioned and since I can't use [whenever I'm visiting one of my countries] PayPal and most of the other payments services, with the help of BTCitcoin, I was able to overcome such issues.}

I'd rather mention what type of people "shouldn't" use it ^{[it's easier]} and it's greedy people ^{[they always find themselves to be on the wrong side of things]}.

Well in my experience Bitcoin just gave me a way to buy some stuff overseas (digital and physical stuff) since I was restricted by the mode of payments that I had access to back then. I rarely use it nowadays, but I'd still reckon that I'm going to look it up whenever I need to so it's definitely an option that I'm glad that exists.

Well, I think Hodling and earning speaks for itself. Content creation depends though it isn't strictly related to Bitcoin since no one would really pay you to advertise it, it's just your own opinion or reasoning as to why you would do something like that. The most obvious ways would be in its decentralization and security I suppose, and indirect benefits would probably include stuff related to opening up of work related to it? Though it wouldn't benefit all, it'd still help the select few that chose to study up on crypto.

Try to think deeply and you will be able to find a lot of opportunities that bitcoin is offering. I think many jobless people are leading their life without hassle by joining with bitcoin and other crypto currency. By earning from bitcoin, you can build your own industry and in your industry, a lot people will be able to work. Bitcoin is future of money and we should take the advantages from it.

You noticed right. It is not the first time that the OP has created a topic with so-called "exciting" questions.


OP, try, after you get the answers to your questions, figure out each point yourself.
And oddly enough there are a lot of advantages, and they all have only positive aspects. Small flaws, the same volatility of bitcoin, it's just a matter of time. Therefore, Bitcoin embodies one big plus and one big benefit.

Of course, there are many benefits of Bitcoin, for me I have benefited from Bitcoin in my practical life greatly, by working in the forum and by working in trading and perhaps sometimes staking, I am from a poor country and Bitcoin has given me financial freedom in a realistic way, it has really changed my life.
Thanks to Bitcoin and cryptocurrencies, I can work from home and have a decent monthly income. I can work on many things at the same time and all this brings me great benefits.

Creating jobs? We got full-time traders here in the market, not sure if there are contractual jobs though, but I am pretty sure there are social groups doing that, maybe not recognized or legalized business. :D

Advance one's being? Seems like you are pointing the utilization of it. It does at some point, though I would say it would be the same level of advancement as credit cards since it involves cashless transaction. The only drawbacks for Bitcoin at that is the lack of adoption we still have. There ain't single physical merchants here in my area that offers payment through Bitcoin just yet.

Benefits I saw? The value and the utilization of it, but again the adoption is still lacking in my area. While on the other side there are digital merchants I can reach to pay with Bitcoin anyway, so it doesn't matter that much. :)

Types of people to be involved? Everyone, but I would appreciate if many merchants would step forward.

Do you want to make a complete list or what? I don't quite understand why. This may take a long time.

Creating jobs? We got full-time traders here in the market, not sure if there are contractual jobs though, but I am pretty sure there are social groups doing that, maybe not recognized or legalized business. Cheesy

The benefits of Bitcoin is an entire list, and as there is more adoption, many keeps discovering more benefits. And the fun part of it is that the benefits from any of this discovery is that one can make money from it, just take a look at the NFTs. Of all these, hodling is the best which holds huge interest.

Create jobs? Yes, if you do look up the market there are really some demands on blockchain type of jobs but for talking directly with Bitcoin investment and trading then it isnt considered as one.

Bitcoin benefits? Peer to Peer transaction with no 3rd party involvement. Period.
Opportunities? Of course on its actual utility and on the earning opportunity.

People involved? Its free for all. It doesnt really need nor depend on what status you had in life or reputation.Young or old, rich and poor, famous or ordinary people.It doesnt matter.

That is a big word, full-time traders is a really difficult job because you have to look out for the market almost 24/7. I would say that bitcoin doesn't create jobs because is just a medium of payment and almost any job can pay in bitcoin if you want it badly but since there are taxes involved, it is pretty difficult to do so.

Bitcoin cannot create jobs,because Bitcoin is not a company. ;D
I guess that by "Bitcoin" you mean the cryptocurrency industry.The crypto industry can create jobs,but you have to be skilled at programming and web design,in order to be hired.
The biggest benefit of Bitcoin is "being your own bank"(unless you are storing your coins inside a crypto exchange platform).
What do you mean by "jobs within the ideals"?Getting paid a high salary for sitting on your ass in front of a computer all day?No job is ideal.

This is just my opinion and experience in Crypto Bitcoin. I have learned a new lesson in investments that have high returns but are not free from high risks either.
Indeed, bitcoins cannot be obtained easily, the way I manage to get bitcoins is by advestising if here it can be called a bounty. The Bitcoin opportunity is promising, but if you depend solely on Bitcoin it is wrong. My advice is if as a businessman when earning from Bitcoin, take 30% for investment, 30% for other businesses, the remaining 40% for saving. Oh yes, Bitcoin is only specifically for people who have buying interest

The top on my list is, financial independent bitcoin has given us the freewill to have all financial transactions done without limits or third party involvement.  This couple with the profits that is associate with keeping BTC have given us lots of Interests.

In terms of opportunities and how Bitcoin can help, it can help companies to be able to hire people/workers that are living in other locations that are far from where the company is, and also allow them to work remotely.

They will be able to make straight payment to their workers that are working from other countries, and without the hassles that comes with making the transactions through banks. That’s one of the opportunities that it can provide. And then you can be earning through investments in Bitcoin, that’s also an opportunity that no one would like to miss if they have the money to invest.

Base on my experience,
We could earn we only need internet ,
We could send it to anywhere we want any country that we want.
It helps people like me to earn and make a living we just need sometime to learn and money for capital.

Op, in a sense, Bitcoin already created many careers and jobs. Because of Bitcoin, there exist various crypto companies like exchanges and other projects, and these projects create jobs. As this article (https://news.bitcoin.com/crypto-employment-abounds-with-more-than-8000-jobs-in-2020/) mentions, we're talking about thousands of jobs already, and probably way more if you consider less formal things like people engaging in trading and earning money this way. Bitcoin also gives a possibility to hodl money and to send money to people without turning to an intermediary like a bank, and it allows having money which isn't affiliated with any particular country. It also allows having money which won't inevitable devalue over time because, unlike fiat, it has limited supply.

Bitcoin give you earning opportunity. You don’t need find a job if you know bitcoin earning way.
I am a trader. Regularly trade with deferent coin profit or loss.

The best benefit that you can receive from Bitcoin is "freedom" ....namely :

The Freedom to own and manage your own wealth, without a centralized financial institution like a Bank. Also the freedom from centralized manipulation of the value of your wealth. (No government to decide what the inflation on your wealth will be)

The other important benefit is a wealth of knowledge that you will acquire on a technology that are disruptive and that are innovative and relatively new.  ;)

A few things that I love about Bitcoin:

1. Better for savings than storing in a bank
2. Decentralized peer-to-peer transaction
3. No third party like the government who can approve or reject my transaction
4. Deflationary coin

Bitcoin is where it all started, and altcoins, DeFi and NFTs are following as well!

Blockchain technology has created new work of fields for many people. For example, I've heard of a name of a job which was Blockchain Engineer.

Bitcoin can absolutely help people have better life standards in time after HODLing and making a great profit.

In my country, Some banks are starting to adapt blockchain technology by hiring personnel to train and study blockchain course that will soon be apply on there banking system. Blockchain really brings job opportunities to many people especially to those who are aspiring to become a blockchain developer.

The benefits of bitcoin is many so the important is many,from what I understand bitcoin have create plenty opportunity for people since the year 2009 it come up as cryptocurrency, I really know that bitcoin help many people both for investment and the rest of it.

It helps individuals in regards to financial stability as this create jobs opportunity, investment, and trading. Maybe we could see different results depending on our choice and we know that some were still not confident about Bitcoin. And most likely, we are engaged more in online transactions which helps us to become more productive. 
I can imagine that if we are all using online mode of payment, or more transactions happening online, we can never saw a lot of people going to banks, that it actually saves a lot of time

Bitcoin has many advantages,

It has given the opportunity to transact without any restriction, that means it's freedom of money transaction.
No one can interfere even if government want to because it's decentralize, so third party can't track it.
Possible to earn decent amount as well another full time job.
It might be the safe places for the future saving for you.

What benefit do you see with fiat currency? If you can answer this then there's no difference with the bitcoin currency as both are currency used as a means of payment. With bitcoin though you get some advantage since the currency is digitalize and decentralized meaning you can get paid for borderless jobs and stay anonymous unlike with the fiats that all your private information are needed for a job that'll probably just pay you changes.

The opportunity that bitcoin offers, other digitalized fiats or physical fiats do the same. Bitcoin can be used for investment so is the US dollars. For example, the US dollars could be hoard considering if your country's economy isn't doing so great and in years to come you'll get more local fiats if you convert back your US dollars into your local currency.

I'll focus on job opportunities in my response this time. the blockchain, bitcoin, and cryptocurrency ecosystem in general has opened up a wide variety of new jobs. whether as a blockchain developer, content creator, trader, etc., many have been mentioned op.
I really feel this advantage when the Covid 19 pandemic limits our space, the cryptocurrency ecosystem remains alive and provides many opportunities, I am truly grateful that I can still provide for my family in this difficult time.

this is a good opportunity, take advantage of your abilities, then look for opportunities in the cryptocurrency ecosystem that match your abilities. create business opportunities, be creative and keep learning.

You can use the advantages of the crypto world as capital to open a business in the real world. because I have to admit, getting money in the crypto world can be easier and faster, as long as we are able to adapt.

We have different preferences in choosing how we will make bitcoin investment effective and profitable for us, investors.

If you're asking for an opportunity, there's a lot of opportunity in bitcoin and other cryptocurrencies if you seek information about it.

Bitcoin is a decentralized currency and by this crypto, we have financial freedom on our assets.

I didnt cover most of the benefits but I already experience having a bitcoin benefit right now. I think one of these especially is you does not involve in any tax which is good all of your investment comes direct and one is to one to your wallet, next bitcoin is now accepted through different establishment I'm my country there are some stores accepting as a bitcoin payment which is easier to us pay but of course, there's a transaction fee then. Also, the market is too much volatile if you have a chance to make an investment and because of the market volatility, there's a probability to increase the value of your bitcoin.  For now those are the recently experience and I'm looking forward to accepting more benefits if I discover.

The best chance you have in Bitcoin is to invest and wait for the long-term profits, unless you are a professional trader, which is difficult because most traders lose 95%, when they have no knowledge and have some money there. the best is Hodl in Bitcoin, it is not worth inventing because you will most likely lose money.

There are several benefits of Bitcoin or Cryptocurrency at large. HODL, Staking, Trading, Payment Point, Fast Transaction (Scalability), Less Fees etc. There are other use cases for different sectors as well.

If you are not having a bank balance to invest then finding a work and earning bitcoin is the next best option.


I will never risk staking with bitcoin as i do not trust any exchange or site in that regard. The coin belongs to you only if you hold the private key and staking the coin means you are no longer in control.


Look around and billions of dollars worth of business are already in the market and millions of jobs are created around the globe.


I doubt, it cannot be a yes and no answer as it all depends upon how wise you are.


Profit

I am lucky enough to know about the market at a pretty early stage and so is the reason i was lucky enough to accumulate the coins and i am pretty happy about it as i could not have made these profit anywhere else.

There is no benchmark on this, as long as you think that the market will help or benefit in any way you can get involved, either for pseudo privacy to purchase items online or as a store of value and so on.

 

In the list of benefits of bitcoin for me is to improve my finances, especially at this time, I still hold the proceeds from my selling bitcoin at 45k, I think it is enough for the next 1-2 and I will open a business so that my economic turnover is not passive and continues to look for granules  bitcoin from the bounty and airdrop,

In my opinion, profit is one of the best benefits we could've experienced in the Crypto world. It may be in a form of investment or participating in bounty campaigns but the bottom line of all this is profit. Indeed, you could also earn by creating quality content relating to Cryptocurrency and blockchain technology. To be honest, the possibility of earning big money is the reason why most people are obsessed with BTC and we cant deny that fact.

The biggest advantage i see in the cryptocurrency market is the opportunity everyone got because some of us are lucky enough to invest in bitcoin and other cryptocurrency assets at an early stage and considering this is a new market which is less than a decade old anyone who invested had the opportunity to make a healthy profit that could change your life for good.

Yes, as you can see many exchanges were launched after the creation of bitcoin, so it definitely helped to create many virtual jobs for people who work on these businesses. And I could mention crypto casinos as well.
Moreover, it's a very useful tool to turn existing jobs more accessible to everyone, as you just have to connect yourself to an internet platform to start working, being possible to work in a decentralized way, without showing your personal informations. A big advantage over centralized payment methods like Paypal, especially for younger people.

Everyone has different benefits from Bitcoin, but has the same opportunity. I can make money from trading Bitcoin, so in a pandemic situation
like now the benefits I get, of course, Bitcoin can be a reliable source of income. Another benefit that I get from Bitcoin is being able to send Bitcoin
to help my friends who are abroad, with a faster process and lower costs than going through a bank. I believe everyone can buy Bitcoin, even
though everyone's finances are different. So I believe everyone has the same opportunity to be able to buy Bitcoin, depending on the person who
wants to take the opportunity or not.

Bitcoin benefits

1. Lower Fraud Risks for Buyers
2. Reduced Transaction Fees
3. Quick Payments
4. No Involvement of Any Third Party

Bitcoin Opportunities

Bitcoin value will decide the alt coin value so bitcoin create more opportunities for alt coin

The benefits of cryptocurrency are that it can be used as a means of payment, bitcoin can be used to make payments and send money, transactions between countries are easier and safer using bitcoin, rather than using credit cards and transferring between banks
Bitcoin exchange does not need intermediaries, just update on the blockchain network and it is very secure ..