Bitcoin reduces unemployment

[the rise]

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.

All things require a process unless we already have the same basis of the main job, such as analysis of trading charts, or journalists/bloggers, they will not bother to adapt to bitcoin may even be able to retire from their main job as soon as possible. It is also very useful for unemployed people who have hobby about digital world, bitcoin is the right medium to channel their talent into an income like writing in a signature campaign.

[Savemore]

Of course. Bitcoin can reduce people who has not a job. Bitcoin can be their sideline job for earn a money. There are many job in the crypto world that you can do for you to earn some money.

[deisik]

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 could even speculate that it might in fact raise unemployment

But certainly not in the way the poster you replied to likely meant it. Bitcoin can provide some form of employment (self-employment, freelancing, etc) to people involved in it. But since Bitcoin price is set to rise higher and higher in the future (thanks to Bitcoin deflationary nature), more and more people will turn into rentiers who will just live off their stashes and capital gains due to Bitcoin appreciation. Ultimately, that will inevitably cause the economy to contract which would lead to real unemployment among people who might not even have heard about Bitcoin. In short, Bitcoin holders and speculators are parasites on the productive society

[Dimelord]

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?

Unemployment is a problem prevailing today in all parts of the world even in developed countries.Some of the unemployed people are even homeless.They don't even have door number and street address which are required to open a bank account.Here comes the Bitcoin,just like the magical wand in the hands of harry potter,it comes to the rescue of such homeless and jobless people.They could just download a wallet in their laptops and even use freely available wifi internet in some parks or malls to access bitcoin transactions.As soon as they earn bitcoins either by participating in signature campaigns or through faucets,once they receive bitcoin in their wallet,they could just convert it into cash and foods and products in plenty of ways,every thing without identification.

[rickadone]

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.

All things require a process unless we already have the same basis of the main job, such as analysis of trading charts, or journalists/bloggers, they will not bother to adapt to bitcoin may even be able to retire from their main job as soon as possible. It is also very useful for unemployed people who have hobby about digital world, bitcoin is the right medium to channel their talent into an income like writing in a signature campaign.

Not only for those unemployed people, bitcoin provides wide range of earning opportunities for almost all the people based on their simple skill capabilities. When people are spending their time with bitcoin related stuff, they will come to know how to make use of bitcoin related things for their money making opportunities.

I guess in coming future we can expect more bitcoin related stuff to be innovated so that people may forget their regular job too for making themselves complete free for highly paying things.

[3eroCold]

Have you seen this? http://governor.mt.gov/Newsroom/governor-bullock-announces-11-million-to-help-main-street-businesses-create-jobs-train-employees-and-plan-for-growth

Missoula County received $416,000 of BSTF Job Creation funds to assist Project Spokane, LLC to expand, which will allow the company to create 65 new jobs in Bonner. The BSTF funds will be used for purchase of equipment, machinery, furniture and software and for wage reimbursement. Project Spokane, LLC is a data center that provides blockchain security services for the bitcoin network.

So I think the answer is yes, in this case at least.

[LostWords]

Doesn't this have a downside? Small business owners switching to Bitcoin-mining/trading and stopping their small stores leading to 2 or 3 people without jobs. If this happens on a bigger scale, it also has negative affect on unemployment. It's pretty much a one-man's-mission so if that one man is a employer, it creates unemployment. Or don't you guys think it will happen a lot?

[doomloop]

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.

of course bitcoin reduces unemployment in many communities because i have seen many of my friends who do not have job they only earn in bitcoin as bitcoin is offering many opportunities to the unemployed people as they can work for advertising a site like signature campaigns which is the simplest form of earning bitcoin and can reduce unemployment.

[Fishmaster23]

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.

of course bitcoin reduces unemployment in many communities because i have seen many of my friends who do not have job they only earn in bitcoin as bitcoin is offering many opportunities to the unemployed people as they can work for advertising a site like signature campaigns which is the simplest form of earning bitcoin and can reduce unemployment.

Of course this level of poverty is reduced, but no one can really say what works on the Internet. The unemployment rate will still be the same, because this work is an illegal point. In order to realize this work, you can legalize your income, And this is already a problem. I think that many users will not want to form power about their work.

[krisnt80]

I did remember were searching for something to do online, i found faucets and then signatures, nowadays i do buy and sell bitcoin with my local currencie, im getting an extra income all months with both things, soo i do have my real work and bitcoin is providing me an extra all months.

[EdenHazard]

You are right bitcoin can reduces unemployment and many countries have many unemployed people so bitcoin can provide a good opportunities to earn money, those persons are  expert in investment they can invest money in bitcoin and investment in bitcoin is very profitable, and bitcoin also provide earning money through signature campaign although it is small amount of income but it  is very better to unemployment.

If you are smart enough you will start your own business and be an entrepreneur and i encourage everyone to try that until you fail,and come back from those failures and make it big ,will bitcoin eradicate unemployment,i highly doubt that would happen,but it gives people the opportunity to make a good amount of money if you are able to invest wisely.

bitcoin are indeed opens up a lot of job opportunities, just look at how bitcoin exchanges hiring people , how a lot of new merchants specifically start bitcoin business, how people keep being busy to trade 24/7 and how a lot of miners earn bitcoin for living!

that's all enough as a proof bitcoin really helpful to grow the world micro/macro economic matters.

Bitcoin were too good to be true especially to job hunters and also employed since you will really get the salary you desrved depending on the work hardship youd give.

what do you mean about too good to be true? bitcoin provide a lot of job vacancies along with the bitcoin business growth day by day. that's the point , you can build your own business by become a miner too , simply buy a miner hardware and you are officially no longer unemployed.

everybody should be happy with bitcoin breakthrough, it has changed world into better one.

[mamaita]

You are right bitcoin can reduces unemployment and many countries have many unemployed people so bitcoin can provide a good opportunities to earn money, those persons are  expert in investment they can invest money in bitcoin and investment in bitcoin is very profitable, and bitcoin also provide earning money through signature campaign although it is small amount of income but it  is very better to unemployment.

If you are smart enough you will start your own business and be an entrepreneur and i encourage everyone to try that until you fail,and come back from those failures and make it big ,will bitcoin eradicate unemployment,i highly doubt that would happen,but it gives people the opportunity to make a good amount of money if you are able to invest wisely.

bitcoin are indeed opens up a lot of job opportunities, just look at how bitcoin exchanges hiring people , how a lot of new merchants specifically start bitcoin business, how people keep being busy to trade 24/7 and how a lot of miners earn bitcoin for living!

that's all enough as a proof bitcoin really helpful to grow the world micro/macro economic matters.

Bitcoin were too good to be true especially to job hunters and also employed since you will really get the salary you desrved depending on the work hardship youd give.

what do you mean about too good to be true? bitcoin provide a lot of job vacancies along with the bitcoin business growth day by day. that's the point , you can build your own business by become a miner too , simply buy a miner hardware and you are officially no longer unemployed.

everybody should be happy with bitcoin breakthrough, it has changed world into better one.

Including I was an unemployed person but now that I know how to find bitcoin, I feel like I'm working because every thing I do will get paid, but that is in my environment still looks not working, because everything is done online, they do not know search Money in bitcoin like what?

[Superways]

Doesn't this have a downside? Small business owners switching to Bitcoin-mining/trading and stopping their small stores leading to 2 or 3 people without jobs. If this happens on a bigger scale, it also has negative affect on unemployment. It's pretty much a one-man's-mission so if that one man is a employer, it creates unemployment. Or don't you guys think it will happen a lot?

If a person switches from one business to another then he give opportunities to some other people to work with him and so give more people the opportunity to earn and the other people who remained unemployed will also get the job because if a person will leave his store in a place then in that place someone else will feel that now a store is require in that place so he will get an opportunity to start that business and he will hire that persons for his business.

[deisik]

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?

Unemployment is a problem prevailing today in all parts of the world even in developed countries.Some of the unemployed people are even homeless.They don't even have door number and street address which are required to open a bank account.Here comes the Bitcoin,just like the magical wand in the hands of harry potter,it comes to the rescue of such homeless and jobless people.They could just download a wallet in their laptops and even use freely available wifi internet in some parks or malls to access bitcoin transactions.As soon as they earn bitcoins either by participating in signature campaigns or through faucets,once they receive bitcoin in their wallet,they could just convert it into cash and foods and products in plenty of ways,every thing without identification.

I don't think that laptops and being homeless is something we will often see together in real life. This is not to say that it is not possible (it is certainly possible), but that would be marginal cases anyway. You may want to actually find out who are those homeless guys. It kinda looks that you have very superficial ideas about the bottom of society and what it actually means as well as how people live (or rather survive) there



And, yes, I know who is in this image

[@prashant]

Doesn't this have a downside? Small business owners switching to Bitcoin-mining/trading and stopping their small stores leading to 2 or 3 people without jobs. If this happens on a bigger scale, it also has negative affect on unemployment. It's pretty much a one-man's-mission so if that one man is a employer, it creates unemployment. Or don't you guys think it will happen a lot?

It does have an upside and also a downside. Mining Bitcoins could be a good thing for the people that have no interest in losing their current job if it employs a bunch of people and family though there’s a bunch of young people that just chase the money not really looking towards the other person’s lifestyle and thinking about how their job might be their method of surviving month to month.

Bitcoin is not for everyone though payments can get paid/received much faster by it.

i dont think so mining bitcoin is a good option for those who are working for low or medium pay.we already know btc difficulty level plus some whales have asci miner in large amount with them and competing with them is totally useless.it better not to opt for mining if you dont have good backup with you.yes they can invest some of their income in it as btc is gaining a lot of attention from traders across the world.

[anami57]

I'm sure yes, presence of bitcoin can reduce a little unemployment in the world. There are economic activities that occur with presence of bitcoin, altcoin is one positive effect of bitcoin which certainly involves many people in it.

[jualidbitmixer]

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.

Well, it's fair though. I mean, by having a time on bitcon, you also can earn money with it and of course you will take amount of time. You can do both, have a job and work with bitcoin too though. You will gain extra income but you will busy and get tired easily, but it's really worth at all.

[Ayiranorea]

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.

Well, it's fair though. I mean, by having a time on bitcon, you also can earn money with it and of course you will take amount of time. You can do both, have a job and work with bitcoin too though. You will gain extra income but you will busy and get tired easily, but it's really worth at all.

It provides with an additional earning for a better living, for the same we cannot say that it decrease the unemployment of the nations. Every year the outcome of people out of universities were increasing and because of the automation the man power requirements were decreasing creating unemployment.

[Kevin77]

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.

Well, it's fair though. I mean, by having a time on bitcon, you also can earn money with it and of course you will take amount of time. You can do both, have a job and work with bitcoin too though. You will gain extra income but you will busy and get tired easily, but it's really worth at all.

It provides with an additional earning for a better living, for the same we cannot say that it decrease the unemployment of the nations. Every year the outcome of people out of universities were increasing and because of the automation the man power requirements were decreasing creating unemployment.

There are people who are making their living just with bitcoin earning. So, we can expect more opportunities in near future so that those unemployed people could find their way of living from bitcoin related opportunities. When new business are getting innovated based on bitcoin payment systems, we can expect more opportunities for every common people.

This way I am seeing bitcoin is helping reducing unemployment and in coming years we can witness more earning opportunities out of bitcoin based stuff in this pace.

[Xester]

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.

Well, it's fair though. I mean, by having a time on bitcon, you also can earn money with it and of course you will take amount of time. You can do both, have a job and work with bitcoin too though. You will gain extra income but you will busy and get tired easily, but it's really worth at all.

It provides with an additional earning for a better living, for the same we cannot say that it decrease the unemployment of the nations. Every year the outcome of people out of universities were increasing and because of the automation the man power requirements were decreasing creating unemployment.

There are people who are making their living just with bitcoin earning. So, we can expect more opportunities in near future so that those unemployed people could find their way of living from bitcoin related opportunities. When new business are getting innovated based on bitcoin payment systems, we can expect more opportunities for every common people.

This way I am seeing bitcoin is helping reducing unemployment and in coming years we can witness more earning opportunities out of bitcoin based stuff in this pace.

Yes it definitely helps in reducing unemployment because their is no more process in earning money.  Knowledge in bitcoin, computer and internet is all you need to start to earn money.  I wish more people will learn to earn through this means.  So that everyone will have the opportunity to earn bitcoins.