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Author Topic: Bitcoin reduces unemployment  (Read 100439 times)
joromz1226
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July 01, 2017, 05:07:05 AM
 #641

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 the unemployment in the entire world including myself, I was unemployed when I first got here
 in the forum. Before I earn bitcoin, of course I studied and learn what bitcoin is and how to do trading  in the exchange platform.
Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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July 01, 2017, 05:23:30 AM
 #642

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?

Logically speaking, Yes. Bitcoin gives chance to all people who don't have a stable job. Hence, lessen the unemployment rate in terms of having an extra income. It's a great oppurtunity for job seekers that failed to have a stable job in real world.
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July 01, 2017, 06:26:09 AM
Last edit: July 04, 2017, 06:06:43 AM by eann014
 #643

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?
You are right but it is still better if we have them both so that we can double our income. We can earn to our Job and at the same time earning bitcoin. We can do multitask it is possible if we want to.  Cheesy
Yes it is better to reduce unemployment with bitcoin and at the same tie continue with our normal job. Working with bitcoin is very very easy because if they take a loan from lender someone a keep promise to give back and they invest that money into bitcoins.After getting income from bitcoin pay the loan to a lender.Like that they will earn money in bitcoins and also.They will no need to do job.
in fact bitcoin Is giving chance to those people who are unemployment and having no job. it help them to make some money from bitcoin, and specially to skill full people, they have better opportunities of making money here.
Maybe bitcoin can really reduces unemployment. But for me it is better to earn in bitcoin and to earn from our job. But if we don't have a job at all we can still earn from the comfort of our home and at the same time we can do what we want. I mean, we can work for whatever time do we want to work at home.
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July 01, 2017, 08:37:27 AM
 #644

Employment and unemployment is determined by the system of a country and not by bitcoin! Or can bitcoin create million of work places?

The more Fiat money and debt is created, the more people have work. If the propaganda says we have a crisis now, people will try to keep their money in their pockets and a lot of people will lose employment. Bitcoin can not change this mechanism.
In the true sense of things, government does not create jobs, its main role is in the provision of conducive environments for businesses to thrive and new ones to spring up. Creation of jobs is in the hands of investors, entrepreneurs and now Bitcoin - crytocurrencies in general present enormous tools for creation of jobs and expansion of already existing ones. Does anyone have an idea, how many hardware companies, software companies, freelance coders, training institutions, investments companies, etc that have sprang up since the emergence of Bitcoin? All those are employers of labour and they go a long way to also generate huge revenue for governments.
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July 01, 2017, 11:59:29 AM
 #645

I think people who know bitcoin will earn enough. And it's very much found in this forum. Those who work in this forum without working to the office. Or wearing a special uniform. They only work at home with internet facilities available. So I think everyone can work in this forum. And that can reduce the number of unemployed.
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July 01, 2017, 12:19:55 PM
 #646

I think people who know bitcoin will earn enough. And it's very much found in this forum. Those who work in this forum without working to the office. Or wearing a special uniform. They only work at home with internet facilities available. So I think everyone can work in this forum. And that can reduce the number of unemployed.
I know what you are trying to mean, it cannot solve the big problem of unemployment rate all over the world because it's just too big and what you can earn by staying in the forum is not really a salary. Be smart and be more realistic, this forum only gives information to us but the really way of getting money that will help people earn is when they learn how to save and invest, or trade as well.

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July 01, 2017, 03:15:30 PM
 #647

May be true but its not for life time for sure !
why? I believe that we can easily depend on bitcoin for a lifetime if we know how to maintain the capital and have some decent skills with the computer. I have seen many people working with bitcoin and they have earned a good amount of money. Don't judge what you can't have

Maybe he just doubted about earning this kind of amount or decent amount especially if he thinks that he in the future bitcoin will fail. But for sure if he earns good with bitcoin he will never doubt for a life time settlement to bitcoin. I hope time will come he changes his mind to the perspective to bitcoin.

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July 01, 2017, 08:36:59 PM
 #648

We cannot say that bitcoin has reduced unemployment in the best way as still there are not many people who are aware about bitcoins and if they are unaware then we cannot expect that they would be earning money from it but in future it can surely reduce unemployment when more and more people will get involved into bitcoins.
Believe it has reduce unemployment right now i was unemployed. Now i get a job in bitcoins . I am getting earning from bitcoins it is better method for me. To earn money very easy. It is up to you and me to introduce bitcoin to people that people are start using bitcoin to earn money that people who are unemployed that they are becoming employed though bitcoin.
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July 02, 2017, 01:11:52 AM
 #649

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 is not able to reduce unemployment by itself, but it will help most of us to keep most of our wealth due to the inability of governments to tax your bitcoin or to even know that you posses bitcoin.
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July 02, 2017, 01:35:48 PM
 #650

Employment and unemployment is determined by the system of a country and not by bitcoin! Or can bitcoin create million of work places?

The more Fiat money and debt is created, the more people have work. If the propaganda says we have a crisis now, people will try to keep their money in their pockets and a lot of people will lose employment. Bitcoin can not change this mechanism.
In the true sense of things, government does not create jobs, its main role is in the provision of conducive environments for businesses to thrive and new ones to spring up. Creation of jobs is in the hands of investors, entrepreneurs and now Bitcoin - crytocurrencies in general present enormous tools for creation of jobs and expansion of already existing ones. Does anyone have an idea, how many hardware companies, software companies, freelance coders, training institutions, investments companies, etc that have sprang up since the emergence of Bitcoin? All those are employers of labour and they go a long way to also generate huge revenue for governments.

This is not necessarily so

First, government itself is basically a large corporation which can expand (by creating more jobs and hiring people) or shrink (by cutting jobs and firing people). Indeed, in free market capitalism the role of government is rather small and limited, and the priority in creating jobs certainly belongs to private sector. But if we talk about state capitalism, government starts to play an important role in the labor market. Apart from that, in times of severe economic meltdown, a government can directly run and finance labor programs aimed at diminishing unemployment (e.g. the construction of Hoover Dam in the US during the Great Depression)

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July 02, 2017, 01:45:31 PM
 #651

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 is not able to reduce unemployment by itself, but it will help most of us to keep most of our wealth due to the inability of governments to tax your bitcoin or to even know that you posses bitcoin.

Yes that is what I like with bitcoin, no tax.  I have a good paying job before but I was always disappointed everytime I will see my payslip.  10-30 % goes to tax.  And you will see that your country is not even improving.  And it will always ends up in the pockets of corrupt politician.  Anyways, bitcoin is really a big help if you are unemployed.
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July 02, 2017, 01:50:09 PM
 #652

We cannot say that bitcoin has reduced unemployment in the best way as still there are not many people who are aware about bitcoins and if they are unaware then we cannot expect that they would be earning money from it but in future it can surely reduce unemployment when more and more people will get involved into bitcoins.
Believe it has reduce unemployment right now i was unemployed. Now i get a job in bitcoins . I am getting earning from bitcoins it is better method for me. To earn money very easy. It is up to you and me to introduce bitcoin to people that people are start using bitcoin to earn money that people who are unemployed that they are becoming employed though bitcoin.
What is your job? I think the bitcoin gives a chance to the company for opening  the service for crypto users that will bring the more job for unemployment to get a job in bitcoin itself. Bitcoin bring a big field to the company and unempleoyment.
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July 02, 2017, 01:52:04 PM
 #653

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 is not able to reduce unemployment by itself, but it will help most of us to keep most of our wealth due to the inability of governments to tax your bitcoin or to even know that you posses bitcoin.

Yes that is what I like with bitcoin, no tax.  I have a good paying job before but I was always disappointed everytime I will see my payslip.  10-30 % goes to tax.  And you will see that your country is not even improving.  And it will always ends up in the pockets of corrupt politician.  Anyways, bitcoin is really a big help if you are unemployed.
This would not continue forever...

Almost everyone on this thread is talking about temporary things.  The temporary jobs that you have with Bitcoin are not "created", they're an alternative to something that could exist with fiat instead, and tax laws will change as Bitcoin becomes used more.
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July 02, 2017, 02:03:52 PM
 #654

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?

Logically speaking, Yes. Bitcoin gives chance to all people who don't have a stable job. Hence, lessen the unemployment rate in terms of having an extra income. It's a great oppurtunity for job seekers that failed to have a stable job in real world.

For those people that still haven't found their career in real life and still unemployed they can sustain their daily needs by working through bitcoin. In every source of earning in bitcoin is going to give them a semi-employment but there's no contract and it's hard because you don't have stable earning.



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July 02, 2017, 04:29:22 PM
 #655

It must be acknowledged that the presence of bitcoin creates many new business and job opportunities, such as mining, trading, new coin and so on. Though not significant, bitcoin proved to reduce unemployment.

Reduce unemployment is the good service of bitcoin but those who are working for different industries? If they see that unemployed person earning more than us. They will also leave there jobs etc and start working in BTC websites. Start investing money into BTC. So can you tell me? How would be the government reaction? How would avoid this reaction. How to avoid people to don't leave there industries, else there will be no development in a country.
Exactly! Not only the government but also the industries of the country, it will have a huge impact on it.

Imagine that all the people working in the industry tend to use Bitcoin because its worth the gamble than those ordinary jobs. Then what will happen to them? Bankrupt eventually, not only that,
 it will also reduce the production of the different products we are making, like canned goods, plastics etc.

Well, at some point we can resolve that missing workforce by having robots do these 'jobs' for us.
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July 02, 2017, 04:48:59 PM
Last edit: July 02, 2017, 09:46:00 PM by deisik
 #656

It must be acknowledged that the presence of bitcoin creates many new business and job opportunities, such as mining, trading, new coin and so on. Though not significant, bitcoin proved to reduce unemployment.

Reduce unemployment is the good service of bitcoin but those who are working for different industries? If they see that unemployed person earning more than us. They will also leave there jobs etc and start working in BTC websites. Start investing money into BTC. So can you tell me? How would be the government reaction? How would avoid this reaction. How to avoid people to don't leave there industries, else there will be no development in a country.
Exactly! Not only the government but also the industries of the country, it will have a huge impact on it.

Imagine that all the people working in the industry tend to use Bitcoin because its worth the gamble than those ordinary jobs. Then what will happen to them? Bankrupt eventually, not only that, it will also reduce the production of the different products we are making, like canned goods, plastics etc

We won't need robots for that

That's basically why I removed that part in your post in my reply. If some industry loses jobs due to folks "migrating to Bitcoin", so to speak (or for any other reason, for that matter), the goods that this industry produces will be in short supply soon thereafter leading to a deficit and prices hiking. This will cause the wages to be paid for these jobs to rise proportionately until the vacancies are filled again. Thus the problem will get resolved without the use of any robots, by humans alone

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July 02, 2017, 05:17:14 PM
 #657

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?

Technology will more likely divide people into two camps: on those who understand it and those who do not. Respectively, the part that does not understand and does not relate most likely will not notice the advantages of this side of the issue. And in general, the more technologically advanced the jobs, the more difficult it will be for people to find work due to strong specialization and low demand.
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July 02, 2017, 05:25:43 PM
 #658

The Internet has a lot of work for skilled workers and not qualified. Just the offers are too scattered in the network and they are hard to find. When will the specialized labour exchanges in the Internet payment in bitcoins the spread of bitcoin will be much faster.
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July 02, 2017, 05:34:15 PM
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Bitcoin had really created avenue to be self employed therefore reduces unemployment, personally It is a challenge for me to start learning some skills like web designs and trading. If I am well equipped with this skills I think unemployment will be thing of the past,  online services with payment in bitcoin is a very good opportunity for the unemployed to tap into this service so as to be gainfully employed.

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July 02, 2017, 06:32:04 PM
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I think people who know bitcoin will earn enough. And it's very much found in this forum. Those who work in this forum without working to the office. Or wearing a special uniform. They only work at home with internet facilities available. So I think everyone can work in this forum. And that can reduce the number of unemployed.
This forum is like king makers, though they are the ones to crown a king, but soon afterwards they become subject to the king they only just crowned. Same way, Bitcoin is now bigger than the forum and everyone must not participate in signature campaigns or a member of this forum to make some Bitcoin. Bitcoin is actually some tool those in the know can put to work to attract more Bitcoin, that is how Bitcoin can reduce unemployment.
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