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Author Topic: Bitcoin reduces unemployment  (Read 100439 times)
RENATA612 (OP)
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May 27, 2017, 09:14:50 PM
 #1

I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world

What is your opinion this time?
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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May 27, 2017, 10:07:33 PM
 #2

In addition to reducing unemployment bitcoin can also be an alternative to find additional money for those who already work

 
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May 27, 2017, 10:17:58 PM
 #3

I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world

What is your opinion this time?

Bitcoins aide temporarily some unemployed person but don't be so hook to it and be dependable since we doesn't know on when bitcoin could last so we should need to find decent job so that it can cather our need if bitcoins will fall or maybe try to build a little business where it can be your 2nd option so that we have another choices if things go bad in bitcoins.

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May 27, 2017, 10:25:05 PM
 #4

In addition to reducing unemployment bitcoin can also be an alternative to find additional money for those who already work
Yes I agree with this in addition to reducing unemployment bitcoin able to supplement income for people who are already working, But indeed in fact true with the bitcoin able to reduce unemployment so bitcoin able to make people make money by alternative way.
In this case bitcoin is able to help our economy.
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May 27, 2017, 10:30:46 PM
 #5

I agree, bitcoin greatly helps in terms of employment.  There are lots of people who do freelancing with bitcoins.  With these those who are not currently employed but skillful people can have a chance to showcase their skills and get paid with bitcoin.  Aside from that it also help in terms of financial support to those who already have their job by acting as side job.
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May 27, 2017, 10:36:11 PM
 #6

In addition to reducing unemployment bitcoin can also be an alternative to find additional money for those who already work
Yes I agree with this in addition to reducing unemployment bitcoin able to supplement income for people who are already working, But indeed in fact true with the bitcoin able to reduce unemployment so bitcoin able to make people make money by alternative way.
In this case bitcoin is able to help our economy.

People who's been knowlegable with bitcoins are pretty good to catch some oppurtunity on it thats why we can see numerous people spending a lot time on it and surely some of people out there are unemployed and been help by bitcoins to earn for their daily needs but we should not rely our future here since I think our future will be at  risk for some point and i think bitcoin will be the best if we think it as sideline job and so by that we can earn and save to have a bountifull in futre ahead.


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May 27, 2017, 10:36:45 PM
 #7

I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world

What is your opinion this time?
Nah.

Bitcoin is not big enough nor does it have enough businesses within the Bitcoin economy for it to be considered as something that remotely decreases unemployment.

Plus it doesn't even require that much hard work or creativity since a lot of the businesses that do exist are re-hashes of one another, only truly innovative projects and websites like mixers. Not a lot else is something that is truly creative.
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May 27, 2017, 10:37:24 PM
 #8

In addition to reducing unemployment bitcoin can also be an alternative to find additional money for those who already work
Find additional money how? there is no such a thing as additional money, you either work for it or mine it by investing in mining operations.

Where are these jobs that I can't see? if you refer to casinos and ICO and scammers then yes so many jobs but costing others their money.

If you referring to signature campaigns then they are not a real and full time job rather a side part time job.

Bitcoin has provided thousands of people with new opportunities no doubt but only if you know how to take advantage of them.
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May 27, 2017, 11:27:20 PM
 #9

I guess bitcoin reduces unemployment is true, but the important thing is Bitcoin give unemployment income. In social status, yes they are still unemployment but atleast they have job to do and have income from bitcoin
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May 28, 2017, 12:55:18 AM
 #10

I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world

What is your opinion this time?

While there are many people from third world countries on this forum, who earn money via signature campaigns, investing, mining, bounties, trading, it's almost nothing if you compare it with the amount of money flowing through Upwork or Freelancer.com. XBTFreelancer is probably the biggest Bitcoin freelancing platform,  yet it's very hard to find any work there if you are not a developer or at least designer. Something needs to change in order to make more employers adopt Bitcoin, because it allows them to hire people from any country in the world, meaning that the competition will be high and the prices will go down. Maybe they are afraid of volatility or simply don't know about it or there is some other reason.

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MingLee
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May 28, 2017, 01:42:39 AM
 #11

I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world

What is your opinion this time?
Bitcoin doesn't really do anything to reduce unemployment based on the things you have listed there. There is very, very little creativity required in the Bitcoin economy and most of the time you can make a lot of money just by following orders from someone who needs something developed, if that's even something in demand. There is little competitiveness beyond having maybe a slightly padded resume, which could be just developing any god-damn thing and having something to show for it. Most of the time that's enough as long as you get the job first.
It does little to help for anyone not in the third-world, and even then it has questionable value.
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May 28, 2017, 01:56:52 AM
 #12

In addition to reducing unemployment bitcoin can also be an alternative to find additional money for those who already work

It's really true, as I live but strangely why the income from bitcoin is bigger when compared to the result of working as a factory worker like me
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May 28, 2017, 02:32:29 AM
 #13

Yeah may be. But it is not risky business. I am core believer of bitcoin but the future who knows man? It is virtual and digitalised world, what if something new comes up in the middle and bitcoin looses its value.

For now I agree completely with your statement that it will and it is providing salary to unemployed people. The potential is very high in it and one can survive definitely on it!

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May 28, 2017, 02:50:26 AM
 #14

I do not see how bitcoins reduce unemployment because I cannot think of any employers that pay their employees in bitcoins besides this forum, a quick google search shows this wiki

https://en.bitcoin.it/wiki/List_of_companies_that_pay_employees_in_Bitcoin


and the list doesn't seem very long
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May 28, 2017, 02:54:20 AM
 #15

In addition to reducing unemployment bitcoin can also be an alternative to find additional money for those who already work

It's really true, as I live but strangely why the income from bitcoin is bigger when compared to the result of working as a factory worker like me
It would make sense because for a lot of workers in second- or third-world countries the wages are low overall and signature campaigns, among other forms of work, are more valuable overall because they have a lot high wages for the amount of time spent, making multiple accounts lucrative for people who live in more "disadvantaged" countries. Considering it's easy to net at least $50 USD with somewhat aged accounts, the wages are quite different.
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May 28, 2017, 03:12:40 AM
 #16

I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world

What is your opinion this time?
That is true that our bitcoin reduces unemployment because if bitcoin doesn't reduces unemployment there would be just a small potion of bitcoin users in the world, in fact a lot of people who didn't have a job are bitcoin users, based on my experience, and they are mostly traders and investors in different site and some of them are also having a good signature camp and they are all saying that the earnings from bitcoin is better than the average employee.
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May 28, 2017, 03:18:38 AM
 #17

I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world

What is your opinion this time?
Nah.

Bitcoin is not big enough nor does it have enough businesses within the Bitcoin economy for it to be considered as something that remotely decreases unemployment.

Plus it doesn't even require that much hard work or creativity since a lot of the businesses that do exist are re-hashes of one another, only truly innovative projects and websites like mixers. Not a lot else is something that is truly creative.

Truly you are not getting the real picture here. It doesn't matter how big bitcoin is but no doubt it help other people who struggles to find real life jobs and just lurking on the internet most of the time per day. Because of that, the idea is being passed to those same unemployed people that aren't in crypto world and eventually learn the same idea of earning online.

Of course it will doesn't count to the stats of unemployment since bitcoin works are not regulated but if we look into it generally, it really helps those unemployed especially those persons that is already not fit for work.

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May 28, 2017, 04:08:01 AM
 #18

I don't think so. Bitcoin is money and not a kind of job. To earn bitcoins you need to work, and the real problem is to find work. Bitcoin can help to make easier to receive payments, especially for online jobs, on this point I agree bitcoin can help.
For crypto traders it can help too if they consider trading a kind of job, I, myself, don't consider it a job.

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May 28, 2017, 04:12:52 AM
 #19

Bitcoin can reduce the number of unemployment and will bring a tremendous increase of self-employed individuals who are earning from online business such as trading and other investments. In my country domestic mothers have now a source of income and that is through the use of bitcoin, they are earning income through investments, trading and online jobs.
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May 28, 2017, 04:15:15 AM
 #20

I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world

What is your opinion this time?
Agree with you mate and it has a big help for those people who have work but the salary is not enough to compensate all the needs of their family.
Like me my salary is only equal to our expenses and i do not keep any cents for savings purposes that is why i am thankful that i discover bitcoin and now i have savings from earning in bitcoin.
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