Bitcoin: "A Solution Looking for a Problem"

[Leonard2016]

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

who are these spme people, i have never heard this before you said it here.
and no it is not, bitcoin was created to solve the problems that were already there like the problem with banks, the charge back system and many other things.

[kidoseagle0312]

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...

Indeed, everybody wants to achieve that goal to become a financially free, It is also true that bitcoin has solved "MOST PROBLEMS" when it comes to that case. But take note of this " NOT ALL PROBLEMS "are being solve by Bitcoin. True that Bitcoin has lot of advantages but There is also Disadvantages depending on the situation of the circumstances that cannot be solve by it.

[ObscureBean]

It doesn't have to be that way, both can exist alongside each other or maybe even merge into a hybrid system. Personally I don't think there is anything wrong with the current system but Bitcoin does bring a few improvements to the table. Flexibility in one's stance is key to efficient evolution.

[VanDeinsberg12]

I never think abut that but otherwise from that bitcoin becomes a good solution for solving my financial problem. maybe just people never feels about the advantages of bitcoin is can saying about it and the not using bitcoin with the right way.

[HaXX0R1337]

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

Depends what problem we are talking about.
I think that btc can solve many things, because it is the fastest way to pay someone from other country- bank transfer won't do the job actually.

[Lauda]

Absolutely.  I also like the low fees, and that's only sort of a problem, because PayPal has low or no fees just sending someone else money (I think). 

It is all fun and games until Paypal locks you out of your own money (hint: You don't own the money on Paypal) when you're in an emergency.

I find absolutely no reason to spend what bitcoin I have. 

The reason for spending Bitcoin is the same for which you spend any currency.

Unless and until things are priced in bitcoin, and we all get paid in bitcoin, I'm going to have no impetus to spend it.

That process is likely going to take a lot of time (especially pricing in Bitcoin which should require stability).

True that Bitcoin has lot of advantages but There is also Disadvantages depending on the situation of the circumstances that cannot be solve by it.

What disadvantages are you talking about and what "problems" did it not solve?

[lienfaye]

Bitcoin is a solution for a certain issue like problem in money because it can give you way to earn but i think it cant resolve everything. it was just an option and can give you convenience.

[BTCLovingDude]

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

it is the other way around in my opinion. bitcoin is a clever solution for many problems. it may not be perfect and needs more work and it also may have some features that not everybody likes or prefers but it is the best thing you can hope for to get out of a cryptocurrency.

Bitcoin was an idea.
Now it is a glorified database carried on the backs of bagholders waiting for "mass adoption".

then why are you still actively involved with bitcoin?

[amacar2]

BTC is a solution to all the financial problem with centralized systems like banks and taxation as well as blockchain behind bitcoin can be used for several real life application. Therefore i think bitcoin/blockchain can be solution to problems in many fields.

[jak3]

money is a very deep term which has a lot to say but in general forum we can just say ithas a valueand we can get good in return of it so,everyone needs miney but it creates a money problem in many ages but bitcoin has bring a revulation to this generation its exactly what we needed

[crairezx20]

Bitcoin is a solution for a certain issue like problem in money because it can give you way to earn but i think it cant resolve everything. it was just an option and can give you convenience.

Well yeah for now bitcoin will the solution for this issue.. and we know that  bitcoin is growing day by day and more adoption will come in bitcoin so it can help to resolve this issue.

[funbarrel]

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

Depends what problem we are talking about.
I think that btc can solve many things, because it is the fastest way to pay someone from other country- bank transfer won't do the job actually.

of course it can solve a lot of things, it is a perfect currency and in my opinion it is going to be bigger and bigger in the future

[panju1]

BTC is a solution to all the financial problem with centralized systems like banks and taxation as well as blockchain behind bitcoin can be used for several real life application. Therefore i think bitcoin/blockchain can be solution to problems in many fields.

Governments dont consider taxation as a problem. 
If they think Bitcoin can interfere with taxes, they will come down heavily on it.

[pooya87]

BTC is a solution to all the financial problem with centralized systems like banks and taxation as well as blockchain behind bitcoin can be used for several real life application. Therefore i think bitcoin/blockchain can be solution to problems in many fields.

Governments dont consider taxation as a problem. 
If they think Bitcoin can interfere with taxes, they will come down heavily on it.

government consider anything that interferes with their process of taking taxes as a problem, and so far they have come down on those using bitcoin as in a business and do not pay their taxes of their earning so hard.

[takingthis4]

I never think abut that but otherwise from that bitcoin becomes a good solution for solving my financial problem. maybe just people never feels about the advantages of bitcoin is can saying about it and the not using bitcoin with the right way.

yeah bitcoin is a really great currency that does not require banks so you can save a lot of money as you dont need to pay fees

[tyz]

I like how you approach the topic. I think Bitcoin is indeed the solution for something that will happen some time in the future but what have not happend yet. Our current paper money system will break down one day. Then people will lose trust in authorities and will looking for alternatives which are not controlled by an institution.

[ruselbd]

Everybody needs to be monetarily steady free and btc has been one approach to accomplish that btc ,will i say has understood most problem when it comes to money related freedom...and still will unravel later on

[mobilestrike]

I remember the days when I was not involved in bitcoin, and now with the help of bitcoin they are solved. A much bigger change in the world financial system (especially in online world) has been occurred.

[raymond541]

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

Yes I agree bitcoin is a great solution for our recent financial problem.Bitcoin could be the one currency which accept every country and can be use frequently.But there have little problem with fees fiat currency dont charge fees for hand to hand exchange.if bitcoin dev have the solution for this it it could be era for bitcoin.

[LegendaryMiner]

"Bitcoin, a solution for many Fiat problems" It sounds more realistic.