Bitcoin: "A Solution Looking for a Problem"

[calme]

Some people have that view about BTC. Do you think BTC is a clever solution in search of a problem?

[merelcoin]

Some people have that view about BTC. Do you think BTC is a clever solution in search of a problem?

Not really, the problem with FIAT was already there: centralisation, interference of governement, high fees for everything, bancrupt institutions,... Bitcoin was (and still is) a nice sollution for those problems.

[Holliday]

I can think of plenty of problems, which existed before Bitcoin, that one can avoid by using Bitcoin.

So, to answer the OP, no.

[JesusHadAegis]

Some people have that view about BTC. Do you think BTC is a clever solution in search of a problem?

Not really, the problem with FIAT was already there: centralisation, interference of governement, high fees for everything, bancrupt institutions,... Bitcoin was (and still is) a nice sollution for those problems.

agreed, but depends on what financial problems, but i would still want that the government won't discover btc for obvious reasons. there maybe risks in online transactions but that depends on a user's trust abilities. anyways in btc i earn extra income without others knowing it.

[NorrisK]

I don't agree with that statement. It would be similar to saying that all new technologies are solutions looking for a problem.

Did we need touch screen smarthpones? No, but now we cannot live without them. A need was created by the companies that created the products. It was not like we were aching to have touchscreen phones before they were released.

The same is happening here. A new technology was created and this technology has all sorts of potentials. Some users understand this and start building services and use cases on top of it. That doesn't mean that part is looking for a problem to solve.

[Kakmakr]

I think Bitcoin solved the biggest problem of all, called the Byzantine Generals' Problem. The practical application of this solution has not been applied to many other scenarios with the same problem. ^smile^ The solution has been found, people just need to recognize it, and apply it in every day scenarios. The first Bitcoin killer App, will be the one that apply this solution in the way most people want it, not the way the developer wants it. We want to rush this technology, but it is still in it's infancy stages. ^smile^

[bitsoldiers]

Everyone wants to be financially stable free...and btc has been one way to achieve that...btc ,will i say has solved most problem...when it comes to financial freedom...and still will solve in the future...

[davis196]

Some people have that view about BTC. Do you think BTC is a clever solution in search of a problem?

If bitcoin was a solution,the problem (fiat money) should be solved,but the problem still exists.

So what solution is bitcoin?

For me bitcoin isn`t a solution,bitcoin is an alternative.

[Lauda]

Those people are ignorant fools. "Looking for a problem"? E.g., infinitely printing out money out of thin air, increasing the gap between the middle and the high class (etc.) is definitely not a problem. Right? Whenever you encounter such people tell them to watch the following documentaries:
Inside Job (2010)
Bitcoin: The End of Money as We Know It (2015)
I've only recently watched the first one and was surprised about how little (even I) was known regarding those events.

For me bitcoin isn`t a solution,bitcoin is an alternative.

You have no idea what you're talking about. Bitcoin does solve a lot of these issues.

[franky1]

For me bitcoin isn`t a solution,bitcoin is an alternative.

You have no idea what you're talking about.

davis actually has a point
bitcoin is not the solution to banks. meaning banks should use bitcoins to solve their scammy ways
bitcoin is an alternative vs banks. meaning with bitcoin, you dont need banks

[btvGainer]

Some people have that view about BTC. Do you think BTC is a clever solution in search of a problem?

Bitcoin helps ease many monetary related problems.A lot of time and resources can be saved by using bitcoin but bitcoin itself is engrossed with few problems that we first need to sort out

[catch.me.if.you.can]

Bitcoin is a solution for the tax evaders to avoid tax.

[franky1]

Bitcoin is a solution for the tax evaders to avoid tax.

tax evaders and tax avoiders are 2 separate categories of people
evaders are people that should pay but dont
avoiders find the loopholes to not need to pay (off shore accounts, trusts, etc)

but just handling bitcoin as an alternative currency is by itself not enough to avoid tax. just like an american using euros is not enough to avoid a bill from the U.S IRS

[Jeremycoin]

It's indeed a solution for some problems, but however Bitcoin itself is still having some problem that it can't solve.

[calkob]

no way bitcoin was the answer to decentralised payment meathods and wrestling the power to create money away from the banksters. 

[drwtsn32]

Bitcoin is a solution for the tax evaders to avoid tax.

I don't seem to understand.
Maybe you can avoid tax if your job or main source of income is bitcoin-based.
But if a person like me, who just converts fiat to bitcoin, there's no difference.

[bitbunnny]

What kind of problem do you have in mind? From perspective of a user or perspective of law and governement? Or something completely different? To my opinion Bitcoin is alternative solution to fiat money and problems that come along with it.

[DOGE12321]

No, I wouldn't take Bitcoin as a solution looking for a problem. The problem that Bitcoin was trying to combat was the problems that fiat had brought about with it. For instance, centralization, higher fees and no peer-to-peer transactions.

Bitcoin turned out to be the solution to the problems of fiat.

[shinratensei_]

Some people have that view about BTC. Do you think BTC is a clever solution in search of a problem?

I think every thing always have a problem and bot only for bitcoin if you searching about fiat or another in internet i sure you will finding a lot of problem about it.

[xIIImaL]

Some people have that view about BTC. Do you think BTC is a clever solution in search of a problem?

It's all upto the problems only.  I think bitcoin is best solution for overseas trade and businesses This might reduce the tax,  fees for transactions and many more.
 I think this would be helpful for you..