Bitcoin reduces unemployment

[matuson]

I wonder if there is solid research out there that show a number of bitcoin jobs currently filled by people that were unemployed. I feel like you had the right idea with the post, but I think the better angle would be Bitcoin has the opportunity to help those in poverty gain money through certain skill sets.

Just my thoughts.

No such statistics can not be. Those who are trying to analyze the market bitcoins are guided by the number of transactions and accounts. A person may have 100 or 200 accounts. You will find that it employs 200 people? Bitcoin does not affect unemployment, but it helps people to have extra money to carry out their wishes.

[deisik]

Ummm.
On one side, we have bitcoin as new technology that can destroy even whole professions of business sectors because it is able to extremely decrease inefficiency.
On another side, new technology create a lot of new opportunities and work places

The first side is ultimately irrelevant

People will lose their jobs temporarily and if they want to find new ones, they will have to specialize in something new. That may mean learning a lot of new things and acquiring a lot of new knowledge (things which people are very loath to do in general), but this is not a justification for halting the progress. It is due to this progress exactly that people are better off overall with each generation passing. Regarding technology changing extremely fast, I don't think this is a real issue. In other words, it can't change faster than people are able to adopt it as well as adapt to it. You are putting the cart before the horse

[slackcryptoz]

I don't believe that bitcoin reduces unemployment. It has provided an additional earning opportunity through the different promotion programs that pay in terms of bitcoin and other altcoins as well ICO tokens.

[wantjokull]

Yeah that's true it is acting as real life job salary to most of the people in the bitcoin world. Well tru for me as well. I'm earning more than my job on the bitcoin. I work as freelancer many times, do my odd jobs on weekend and get money in the form of bitcoin and letting them grow big over the time. I'm happy that I got introduced with bitcoin. It is truest thing that bitcoin is helping reduce unemployment.

[lighpulsar07]

well definitely no bitcoin can't reduce unemployment but, bitcoin can help to find a earning oppotunities online  because there are jobs that can be paid by bitcoin like participating signature campaigns, website creation service any many more just going to services section of this
s forum.

[mrcash02]

Bitcoin is still better than most fiat currencies

It is indeed highly volatile, but its volatility is mostly to the upside anyway, and this is in stark contrast to fiat currencies which might in fact not be as volatile as Bitcoin itself but they all without exception go down in value (i.e. depreciate) in the long term. Apart from that, "temporary jobs" are what many businesses routinely deal with, i.e. they receive an order and fulfill it, then wait for the next order. Or don't wait but it doesn't change anything in respect to "temporary" nature of their job. Freelancing is pretty much the same. Strictly speaking, it is a sort of small business in its own right

I agree about how good is to deal with BTCs because the upside volatility. I like the temporary freelancing jobs too, the only negative effect is that we don't have guarantees and it can finish anytime, hard to live from this kind of activity. Today you can have a good job, earning in BTCs, but tomorrow they can tell you: we are finished now

As I said, it is the same with many businesses

But you don't need to be involved in just one project. If it requires you to spend most of your time, your work should be paid accordingly. In other words, you toil one month, and then you can live a year off doing basically nothing. Apart from that, many projects (if we talk about developing) need support anyway, so again you can lay yourself out for a certain period of time, and then live off that project providing support and consultancy. More such projects will make your life a lot easier

If the market goes well (if there are many jobs, economy working nice, money circulating), there will be always disponible jobs for everyone, since low skills based jobs until high skill based jobs, theoretically it can work very well.

I think your example about toil one month and then live a year off doing basically nothing applies better for high skilled jobs, paying more money, I know people that make movies, cinematographic area live this way, but for most people, they will need to work all year long to have a decent income and live well, as they don't have skills to apply to advanced jobs.

However it's not impossible for ordinary, biggest parcel of population people too, as they can save money and at some point an investment will be enough to receive a decent income and live more confortably by receiving passive income, and with the extra boost of the BTC price constantly increasing.

[deisik]

I think your example about toil one month and then live a year off doing basically nothing applies better for high skilled jobs, paying more money, I know people that make movies, cinematographic area live this way, but for most people, they will need to work all year long to have a decent income and live well, as they don't have skills to apply to advanced jobs

I understand that perfectly well

But in my reply I was referring to freelancing jobs in respect to their "temporary" nature. I certainly didn't mean regular jobs, while self-employment (which is what freelancing is basically about) is typically skilled and highly-qualified labor (at least, until signature campaigns came about). As to me, this drawback (transitory nature of freelancing) is valid and vital only when you just start off on this route. So you either quit pretty soon (and turn back to regular employment) or become a freelancer of the type that I described above

[coinplus]

well definitely no bitcoin can't reduce unemployment but, bitcoin can help to find a earning oppotunities online  because there are jobs that can be paid by bitcoin like participating signature campaigns, website creation service any many more just going to services section of this
s forum.

And you forget to explain why bitcoin cannot reduce unemployment. When bitcoin is capable of providing opportunities to earn, why not we can expect it to support earning a living with it.

I mean to say one person can do many different different earning methods for earning bitcoins and altogether he may find possibilities to survive with bitcoin based earning. Faucets with big amount of referrals/ providing services for bitcoins are few of feasible things for any people to earn a job with bitcoin based opportunities.

[BunnyShibe]

I don't believe that bitcoin reduces unemployment. It has provided an additional earning opportunity through the different promotion programs that pay in terms of bitcoin and other altcoins as well ICO tokens.

but I am sure about the fact that bitcoin has reduce unemployment, I have a personal evidence about that, I have some friends who were unemployment in real life. I just thought them about bitcoin and they invested a little amount in trading altcoin, now I it too much happy to hear that they are really earning a good amount of bitcoin and I am feeling proud to say that bitcoin has really changed their life style.

[renes]

Bitcoin increases unemployment because it is limited supply contrary to usd. Its value gradually increase so people don't invest in any business.

[freeyourmind]

I don't believe that bitcoin reduces unemployment. It has provided an additional earning opportunity through the different promotion programs that pay in terms of bitcoin and other altcoins as well ICO tokens.

but I am sure about the fact that bitcoin has reduce unemployment, I have a personal evidence about that, I have some friends who were unemployment in real life. I just thought them about bitcoin and they invested a little amount in trading altcoin, now I it too much happy to hear that they are really earning a good amount of bitcoin and I am feeling proud to say that bitcoin has really changed their life style.

Good for you and your friends.

As for the actual "unemployment" number reported.  Unless anyone is reporting their income from Bitcoin, they're not going to be categorized as "employed".  In the situations where someone had a job and quit in order to pursue Bitcoin opportunities, they may actually increase the unemployment rate.

As for the real unemployment (not how the US calculates it) I would think there would be opportunities for people that otherwise wouldn't have them.

[Superzpay]

well definitely no bitcoin can't reduce unemployment but, bitcoin can help to find a earning oppotunities online  because there are jobs that can be paid by bitcoin like participating signature campaigns, website creation service any many more just going to services section of this
s forum.

Yes bitcoin help us to find the opportunities of earning money and so it is not wrong to say that bitcoin reduce unemployment as it is bitcoin which becomes the cource of earning us money and give us jobs. Then some people continue to d the job in bitcoin only and some people invest their bitcoin in any business.

[Hutalar]

Bitcoin increases unemployment because it is limited supply contrary to usd. Its value gradually increase so people don't invest in any business.

Currently there are a lot of people who are jobless and they are very talented people if they will get some money then they can give more development to the world so bitcoin is doing the work to give them some earning and after that they start to implement their ideas and make the world more beneficial.

[Lumada]

Bitcoin increases unemployment because it is limited supply contrary to usd. Its value gradually increase so people don't invest in any business.

Currently there are a lot of people who are jobless and they are very talented people if they will get some money then they can give more development to the world so bitcoin is doing the work to give them some earning and after that they start to implement their ideas and make the world more beneficial.

Now Btc can help them in anyway possible since theres lot of way to earn btc nowadays.

[Wapfika]

Bitcoin increases unemployment because it is limited supply contrary to usd. Its value gradually increase so people don't invest in any business.

Currently there are a lot of people who are jobless and they are very talented people if they will get some money then they can give more development to the world so bitcoin is doing the work to give them some earning and after that they start to implement their ideas and make the world more beneficial.

Now Btc can help them in anyway possible since theres lot of way to earn btc nowadays.

Its better to work at home knowing that youll get the salary that really worthy based on our work does theres no need get employed when btc is there were totally employed.

[mirakal]

Bitcoin increases unemployment because it is limited supply contrary to usd. Its value gradually increase so people don't invest in any business.

Currently there are a lot of people who are jobless and they are very talented people if they will get some money then they can give more development to the world so bitcoin is doing the work to give them some earning and after that they start to implement their ideas and make the world more beneficial.

Now Btc can help them in anyway possible since theres lot of way to earn btc nowadays.

Its better to work at home knowing that youll get the salary that really worthy based on our work does theres no need get employed when btc is there were totally employed.

With the advent of bitcoin we are given a chance to work in our own home and we can make even more money that we are earning in real life job. I made a decent income by trading and currently I am still working but I am already thinking of quitting my job to go full time to bitcoin, it's not an easy decision to make but I have to gamble to focus more and to make more money.

[iamTom123]

Bitcoin is now representing a great opportunity to increase one's wealth and rather than get employed by someone else there are now many people who are making money trading in cryptocurrency. Well, indeed it can be reducing the unemployed and maybe shift the interest of many from what they are doing to focus more on cryptocurrency. And remember this is just the start as we are still actually in the pioneering stage as still only a little percentage of the whole Earth population are possessing Bitcoin...wait for it to really reach mainstream and we can see its economic potential unleashed.

[blckhawk]

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?

I agree, bitcoin can lessen the percentage of unemployed people because they could use it or it could acts as their job to get a income to sustain their daily expenses and to be not a burden in our community. However, you shouldn't be contented in online income still it is better to find a regular job.

[qwertyup23]

It will greatly reduce unemployment rate and also provide extra income to those who already have jobs. But this process will take ample amount of time and that is why having a job is a lot faster in gaining income. Then again, it also varies from one individual and another and it also requires great amount of patience and discipline to see results.

[DevilSlayer]

Maybe bitcoin can reduces unemployment in our community because in the crypto world you can earn a bitcoin and you can also get a job by joining in some signature campaign and that is the reason why bitcoin reduces unemployment.