Bitcoin reduces unemployment

[deisik]

However, in my opinion it does indirectly contribute the creation of more jobs on a global scale, offers a lot more opportunities for those in countries where labour is cheap, and let them have access to jobs that would otherwise be paid with fiat and currency conversion fees would add up to take away everything they earn. All the while they are treated as anyone else in the world, no discrimination, same pay rates, etc

This is a tricky point

In fact, what you describe is not job creation at all, it is more about outsourcing already existing jobs. So while Bitcoin can greatly help people living in many underdeveloped countries (so-called "third world"), it still reduces jobs domestically via its global nature (with Bitcoin you have no issues with payment and can stay away from PayPal altogether). This doesn't of course mean that Bitcoin can't create jobs, it is just your description of it which doesn't fit quite well into this category (i.e. job creation)

[whizter]

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?

Cannot agree with many that simply bitcoin will reduce unemployment as many other factors contribute to it.
There has to be policies on part of the government and also of the corporate to generate employment opportunities. Bitcoin is just a currency and it cannot increase employment alone.

yes that can be right, but i think it can provide opportunity to the people on temporary bases to earn money. although bitcoin is not a permanent source of earning bitcoin, but still in current time it is really a good source of making money. i think i wise person will earn money from there and will try to invest it in a stable business from where he can get a good profit on regular bases.

[Rinder]

The thing is bitcoin is helping a lot people to get an extra source of income, there are a lot projects already supporting bitcoin, gamble is where the big money is, but you can provide any service you provided with fiat with bitcoins. Crypto has changed a lot lifes special to third world countries.

[gabbie2010]

The thing is bitcoin is helping a lot people to get an extra source of income, there are a lot projects already supporting bitcoin, gamble is where the big money is, but you can provide any service you provided with fiat with bitcoins. Crypto has changed a lot lifes special to third world countries.

Honestly I agreed with you about cryptocurrencies changing lives in third world countries, earning bitcoin online via different means has been an additional source of income for instance in countries where monthly salary is less than $100, bitcoin earned in signature campaigns alone is enough to cater for other needs and financial support which will reduce unemployment

[dokinna]

Bitcoin will not significantly reduce unemployment, because bitcoin does not make many people work, there are profits, but not many people profit, many lose, and they have to have good skills to gain profit, eg in trading, you should be able to Guess whether the price will go up or down

[Superways]

Yes bitcoin can reduce unemployment but create virtual criminals

I do not think that bitcoin will create virtual criminals because bitcoin is a currency which is giving profit to almost all of its users and if everyone will get the benefit then why will they start the crimes. keep in mind that the crimes start in a society only if the people do not find the benefits of themselves.

[Clark13]

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.

Bitcoin can serve as a partial way to have a source of income for a living. Because before on getting to used to bitcoin one should give time and effort to educate themselves to know more about bitcoin. In reality there is now shortcut on earning money or even bitcoin. It takes time and knowledge about bitcoin in order to have a stable investment or trading. So for me bitcoin can serve as a chance for those people who seek for a way of living or way to earn bitcoin.

[HashieNewb]

Bitcoin will not significantly reduce unemployment, because bitcoin does not make many people work, there are profits, but not many people profit, many lose, and they have to have good skills to gain profit, eg in trading, you should be able to Guess whether the price will go up or down

If someone forgets that they asked for payments in Bitcoin and the price of Bitcoin goes down to zero and they begin to argue with their employer that they didn’t pay them when the transaction is shown to them via Blockchain then they are likely to just quit working for that employer too because that person pretty much worked for free.

[zidanw]

Can be said is true and also wrong, earning bitcoin can be free anytime and anywhere so in the eyes of people who don't really know about bitcoin you is unemployed, but you have income from earing bitcoin so you can say you are not unemployed.

[JoMarrah Iarim Dan]

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?

Yes Bitcoin reduces unemployment. Because if a person stays on his house but he/she do bitcoin I can say he/she is working. That is my case now. I cannot apply to any jobs out their because I am still studying and besides it is difficult to study when you  are in your work. You have to follow the time wanted by your employer. But in bitcoin I am working handling my own time. I can study first and in my free time I can do bitcoin.
It is a job for me, but a different kind of job compare to jobs I've known and compare to jobs my parent taught me.

[sotoshihero]

Somehow yes, because there are many people opted to work from home  especially in web and graphics design. They preferred payment in bitcoin  on project bases. Also, bitcoin created another opportunity and avenue which change employment as we think it.

[MintCondition]

Somehow yes, because there are many people opted to work from home  especially in web and graphics design. They preferred payment in bitcoin  on project bases. Also, bitcoin created another opportunity and avenue which change employment as we think it.

In that way they can managed their time and they can earn the amount they deserve such as doing marketplace work that suits them. Bitcoin does offer a new way of job opportunities even at home.

[Janation]

Somehow yes, because there are many people opted to work from home  especially in web and graphics design. They preferred payment in bitcoin  on project bases. Also, bitcoin created another opportunity and avenue which change employment as we think it.

That is a work they are doing, being a web and graphic designer is a job, that means they are employed and unemployed. Mostly, unemployed people want a profit or payment that is easy and not hassle, entering in the Cryptocurrency industry is a good choice, but it is not as good as they all know and describe it, there is no good profit here just hard work, skill and timing.

[mornabo]

Yes bitcoin can reduce unemployment but create virtual criminals

That's the disadvantage whenever there are beneficial,bad guys targeting it in the most easiest way to earn big time. Since its virtual identity were hard to determined.

Lol I laughed because you said Ar3zki
Yeah bitcoin reduces unemployment in the world. Many people who do not have a job then earn a good income in bitcoin so that it gives a good influence for their economy. But also increased crime because of the anonymity of bitcoin

[shone08]

Absolutely Yes 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. But never depend of bitcoin we need to find a fix work in real world and save money for the future if you have a free time you can do bitcoin for an extra income for payment of expenses.

[arseaboy]

Yes bitcoin can reduce unemployment but create virtual criminals

That's the disadvantage whenever there are beneficial,bad guys targeting it in the most easiest way to earn big time. Since its virtual identity were hard to determined.

Lol I laughed because you said Ar3zki
Yeah bitcoin reduces unemployment in the world. Many people who do not have a job then earn a good income in bitcoin so that it gives a good influence for their economy. But also increased crime because of the anonymity of bitcoin

Yes there are pros and cons when you enter in the cryptocurrency world. Yeah it would help unemployed people to earn money by just trading and signing up in available campaigns but it may also lead people to do crime such as offerring services in the black market were they can commit crime.

[Betwrong]

However, in my opinion it does indirectly contribute the creation of more jobs on a global scale, offers a lot more opportunities for those in countries where labour is cheap, and let them have access to jobs that would otherwise be paid with fiat and currency conversion fees would add up to take away everything they earn. All the while they are treated as anyone else in the world, no discrimination, same pay rates, etc

This is a tricky point

In fact, what you describe is not job creation at all, it is more about outsourcing already existing jobs. So while Bitcoin can greatly help people living in many underdeveloped countries (so-called "third world"), it still reduces jobs domestically via its global nature (with Bitcoin you have no issues with payment and can stay away from PayPal altogether). This doesn't of course mean that Bitcoin can't create jobs, it is just your description of it which doesn't fit quite well into this category (i.e. job creation)

I think what Bitcoin does for more economically developed countries, like USA for example, is not necessarily reduction of jobs. If an employer from the USA wants a high quality logo created for him and he's willing to pay for that $30, probably no one in the USA who is capable of doing it wants that job. So in this case Bitcoin doesn't reduce jobs domestically. And if we take a closer look at what kind of jobs and with what payment Bitcoin is creating we'll see that most of them are similar to the one described.

[lukmandog]

Bitcoin has little effect on reduction of unemployment. Because in my opinion, peoples who work more actively in earning income. Despite working, most of them are still looking for new sources of income. In my place, very few unemployed who want to learn about bitcoin. They are like the people who are waiting for end of the world. Dont have activities that provide positive benefits for his life.

[pinkpanther03]

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?

Aside from Bitcoin is reducing unemployment, bitcoin also give financials freedom  to those bitcoin enthusiast who are determined to make some profit of bitcoin. And it has a similar to but only their differences was in bitcoin you manage your own time, and don't have any boss.

[NEWGOODOUBLE]

Yes bitcoin can reduce unemployment but create virtual criminals

That's the disadvantage whenever there are beneficial,bad guys targeting it in the most easiest way to earn big time. Since its virtual identity were hard to determined.

Thats right dude, there's always good influence and bad influence. There may be many people who financially get better and improve their lives because of the promising benefits and earnings from bitcoin. But also there must be a bad influence as there is a lot of money laundering using bitcoin