unemployed millioners

[Herbert2020]

this is becoming like a big and common mistake these days.
you look at the prices and think people are getting rich simply because the last price you remember was lower than the price that you see today. but the reality is so much different than what you assume.
in reality most people buy altcoins after the pump was finished (on top or in the bubble) and then they become bag holders of these tokens waiting for them to rise some more while they are falling in price. that means they lose a lot more money than it may seem to you.

the only people who are making money are a few who are well aware of how the market works, are familiar with the pump and dumps and things like that. the rest are the fuel for their rocket to the moon!

[udayantha11]

It's funny to say that millionaires are unemployed. Certainly millionaires know how to make their money profitable without having to do anything. That is the difference between the rich and the poor.

yes i agree. smart thinking is there always. but majority is not doing anything and investing. then that will effect economy growth of the country.
smart thinkers and innovative thinkers always win.BTCBTCBTCBTCBTCBTC

the same i am emphasizing everyone should contribute the economy by doing goods and services

[NorrisK]

Unemployment rates are only measured for people who have registered as actively seeking employment.

If people are crypto millionaires and don't need a job, they are not technically unemployed.

[faaty]

I do not think the population of unemployed millionaires are not so much, at least millionaires that get millions from cryptocurrencies are not so much.

We are in the beginning of industry 4.0 era, machines and software will do all the job for us, instead of people. Working hours are also decreasing under 20-30 hours a week. Therefore, this is just a standard of the future. Unemployed or working less hours workers and officer will be the reality of the future. Don't worry about unemployment

[kaeluxdeuz]

This cannot happen...
Imagine a world where everyone relied on the cryptoworld for an income. How would the real world produce resources? How will things happen in general? Yes you would be millionaire lets say, but, who will you pay to get things done? You would need androids or bicentennial men to do everything for us! Technology that doesn't exist just yet. The entire system would probably collapse with no production and send us back in to the dark ages.
I prefer... Be employed in both the real world and crypto world and create a better tomorrow!

[yourboss]

The world of millioners can already be observed right now in UAE for example. But for all technologies they invite specialists from other countries to develop technologies and do on..
so the world of unemployed specialists is going to turn out to be a terrible thing

[Obi2024]

I believe that employment will increase because working with crypto is itself a job, so as more people get into it, unemployment will decrease. Some who invest in crypto, make money to use for other traditional things like Agriculture, Producion, etc, which also create more jobs to help the society, but selfish ones make money only to lavish on lifestyle.

[carlisle1]

I agree with you but for a long time this will effect the country for unemployment. Because youger generation only investing no work

i think youve got it right mate.if the OP saying that those unemployed turning into investing here in crypto will become employed by them self.so the younger hpgeneration will be the same,why woukd they need to find job and work with minimum time,when they can have profit by just investing thier time here in crypto.wasnt that mean that unemployment will in get bigger ?

[lienfaye]

I believe that employment will increase because working with crypto is itself a job, so as more people get into it, unemployment will decrease. Some who invest in crypto, make money to use for other traditional things like Agriculture, Producion, etc, which also create more jobs to help the society, but selfish ones make money only to lavish on lifestyle.

I agree with you, i know many users are making crypto their full time job and leaving their real work to focus in this online trend.

If there are millionaires from crypto, i believe theres only few who are unemployed. Even rich people are very busy in their businesses to make it grow and for them every minute counts.

[zopply]

The amount of people using crypto won't affect a countries GDP at all because the number of crypto users is nothing when compared to GDP statistics. Even if crypto had 100 times the users it has now it still would be too small to affect an entire countries GDP. And by the time it does grow substantially enough to begin making an impact the entire crypto system will have been regulated to fuk like we are seeing already happening in it's initial stages.

[n4poleon]

There are 2 types of unemployment. 1) Unemployed because they don't have to work or don't like to do it. 2) unemployed because of their personal inabilities such as lack of education etc. When people belongs to category 1) then logically they are not counted in for statistics.

[cryptochr]

The Unemployed Employed has got a ring to it!  Many people actually make a living out of crypto, but its such a big risk. The good thing is, there is so many ways to get rich by taking advantage of the cryptoworld.

[ICOtoINVEST]

It's so easy to make money in the cryptosphere. Anyone can do it nowadays - from the smartest man to the less intelectual person. I would rather work, even if it's a crappy job, and take advantage of the crypto world.

[udayantha11]

It's so easy to make money in the cryptosphere. Anyone can do it nowadays - from the smartest man to the less intelectual person. I would rather work, even if it's a crappy job, and take advantage of the crypto world.

You also correct that , everyone work for money. If money coming there we work lot. Thats the crypto world.

[tukangkopi]

Dear memebers

In the crypto world, unemployed crypto millionaires born. so the unemployment rate may increase in the country and the GDP will decrease. whats your opinion?

Investing money from young generation and see whats happening

I think such a system will reach a saturation point sometime in the future and create a chaos where the government forbids the activity of earning money without working.

[Sewarlock]

It's crazy how the crypto world has changed so many lifes, people are becoming millionaires literally over night, if not over a course of a couple of hours. The problem is that many of them are in-it for the money and not the technology or the promotion of what they are really intending to launch at some point in the future. Many are just seeing ICO's for example as a means of making money and disregard other things such as having a good business plan, team and idea. Because they are not really intending to launch a successful product/service at the first place, so after they get their money and payment, they usually dump it over some exchange that that's end of the story for that project. Hope we'll be seeing more regulation in the short-term.. things might change then.

[CaptainKid]

It's so easy to make money in the cryptosphere. Anyone can do it nowadays - from the smartest man to the less intelectual person. I would rather work, even if it's a crappy job, and take advantage of the crypto world.

Sorry, but I do not see logic in your words. Why do you need to go to work if you can easily earn money from crypto currency? It is not easier to develop, where you can earn more, with less waste of your efforts? If of course, the work brings pleasure to you, yes.