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Author Topic: Bitcoin reduces unemployment  (Read 100519 times)
Palmerson
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July 04, 2017, 12:02:55 PM
 #681

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.
I agree with you, like me, I am employed before. 4days from now I am not employed anymore because my son needs me because he needs more attention because of his condition and now I am just earning bitcoin so that I can still give what he needs.
Sorry to hear that. bitcoin is one of the best opportunity to suit the people who wants to earn in home. Bitcoin is such a blessing for you because you can still both things and that is to take care of your son and provide the things that he needs and also earn money while in home and continue supporting your family and your son and that is what a good parent looks like.
These methods are still scarce. The more opportunities to earn coin as more people will own bitcoin and this will contribute to the development of an alternative economy on the Internet.

 
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July 04, 2017, 12:11:37 PM
 #682

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
Agreed! if the time comes that people are quitting their jobs and doing bitcoin instead because they see it more profitable than their regular jobs, I'm sure that our government will have a pretty neat solution for that and what will happen is that there will be an increase in demand for a specific job and its salary will be worth it and those who quit doing regular jobs will return again. Our government is trickier that way, they know how to control people at some point.
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July 04, 2017, 12:20:45 PM
 #683

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.
I agree with you, like me, I am employed before. 4days from now I am not employed anymore because my son needs me because he needs more attention because of his condition and now I am just earning bitcoin so that I can still give what he needs.
Sorry to hear that. bitcoin is one of the best opportunity to suit the people who wants to earn in home. Bitcoin is such a blessing for you because you can still both things and that is to take care of your son and provide the things that he needs and also earn money while in home and continue supporting your family and your son and that is what a good parent looks like.
Yes, it is like having your own job because you handle your own time. You can decide when to do bitcoin, study or trade it. We can create a flexible plan for us that will suit our way of living. We can also set our own priorities by doing bitcoin. So I also say that bitcoin really is a blessing for most of us.
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July 04, 2017, 12:23:34 PM
Last edit: July 04, 2017, 02:26:59 PM by deisik
 #684

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
Agreed! if the time comes that people are quitting their jobs and doing bitcoin instead because they see it more profitable than their regular jobs, I'm sure that our government will have a pretty neat solution for that and what will happen is that there will be an increase in demand for a specific job and its salary will be worth it and those who quit doing regular jobs will return again. Our government is trickier that way, they know how to control people at some point

They certainly know how to control people

But in this very case governments have no need to exert their pressure or otherwise interfere with the situation since it will be efficiently and effectively resolved entirely via economic (read free market) means and mechanisms. That said, I doubt that people who actually dropped their disgusted jobs in favor of Bitcoin (or just in favor of freewheeling, so to speak) are ever going to return to these sickening and tiresome jobs. Somehow it happens to be a one way route mostly with hardly anyone wanting to come back to their tiny cubicles

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July 04, 2017, 12:30:32 PM
 #685

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.
I agree with you, like me, I am employed before. 4days from now I am not employed anymore because my son needs me because he needs more attention because of his condition and now I am just earning bitcoin so that I can still give what he needs.
well just do a lots of research and never to stuck yourself to one way but maximize your opportunities just like what I'm doing I do trading while little gambling and after I earn little I also invest that to a loan service from my country so aside from signature campaign, trading and investing an a side income with loans that's how I maximize opportunity.
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July 04, 2017, 03:26:00 PM
 #686

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 with your opinion, Bitcoin also helps a lot of people get rich without any capital, that is possible. Society is increasingly modernizing, automating and almost machinery can replace people do a lot of work leading to many unemployed because their level is not high, the need of society does not need. But with Bitcoin, if you just learn and love it, it can become your official job, it will help you make money for life. So, I believe Bitcoin has reduced unemployment in the present and in the future
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July 04, 2017, 03:31:55 PM
Last edit: July 06, 2017, 02:39:11 AM by Jaycee99
 #687

My opinion is that if your the type of person who has a work but if you dont earn the right amount of money that will make your live easier. I would like to suggestion to you is that if your the kind of person who really want to earn a big amount of money put some hard work to the job you work on at the same time go and do bitcoin. I see that your point of view/opinion about your topic that when your in bitcoin it must hard a hard work right I would likely suggest that time management is a must if you want to earn lots of money.
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July 04, 2017, 05:21:02 PM
 #688

Instead of saying that Bitcoin is reducing unemployment, it may be more accurate to say that btc offers the opportunity to earn money for unemployed people  Wink
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July 04, 2017, 05:25:50 PM
 #689

I think true bitcoin for now can reduce unemployment
Many in the developing world of unemployment who rely on bitcoin for employment.
That's for sure, because now there are many real examples of people who use bitcoin, and now become successful. Well, they used to be unemployed people who did not know what to do, but when I got to know bitcoin, I guess they've opened up a great business opportunity.

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July 04, 2017, 05:46:00 PM
 #690

I think true bitcoin for now can reduce unemployment
Many in the developing world of unemployment who rely on bitcoin for employment.
That's for sure, because now there are many real examples of people who use bitcoin, and now become successful. Well, they used to be unemployed people who did not know what to do, but when I got to know bitcoin, I guess they've opened up a great business opportunity.
What business opportunities opens bitcoin? I think you really exaggerate the importance of bitcoin in today's world. Of course the potential in this currency hidden large, but in order to apply it we need a lot more time. Unemployment bitcoin also can not win, but to earn extra income.
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July 04, 2017, 05:57:39 PM
 #691

Bitcoin doesn't reduces unemployment directly. There are no many working places or industry related to Bitcoin that would employ people, not in significant number and not all around the world. But for some people Bitcoin has become additional or even the only source of income. But this doesn't influence unemployment, these are totaly different things and mustn't be mixed up.

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July 04, 2017, 06:47:40 PM
 #692

Bitcoin doesn't reduces unemployment directly. There are no many working places or industry related to Bitcoin that would employ people, not in significant number and not all around the world. But for some people Bitcoin has become additional or even the only source of income. But this doesn't influence unemployment, these are totaly different things and mustn't be mixed up.
To me I think bitcoin reduces the unemployment ratio because many people earn money from bitcoin but those who have a knowledge about the bitcoin world .And more, I think this is very simple  that those people who earn money from any way they are employed.
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July 05, 2017, 05:39:04 AM
 #693

Bitcoin doesn't reduces unemployment directly. There are no many working places or industry related to Bitcoin that would employ people, not in significant number and not all around the world. But for some people Bitcoin has become additional or even the only source of income. But this doesn't influence unemployment, these are totaly different things and mustn't be mixed up

Why do you think these are different things?

Even we talk about unemployment in general, i.e. not how it is understood by most jurisdictions (which is a lot narrower than most people intuitively come to think), if you have a source of income which provides you a living (whether it is Bitcoin or something else), as to me, you can no longer be considered unemployed, as simple as it gets. It could be debated that if you are self-employed (which you are), but you are no more unemployed by any means. Thus, we can't say that Bitcoin in this case can't influence unemployment since it does exactly that (and in a direct way at that)

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July 05, 2017, 05:53:01 AM
 #694

Due to automation, many jobs have been lost and will be lost and may companies and businesses are only offering part time jobs so yeah I agree that Bitcoin is helping to create more jobs for many people. Take myself for example. I can't get a job outside due to my age as jobs are limited on the Island and most of the jobs go to younger people, so for me it's my total lifeline!


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July 05, 2017, 06:25:21 AM
 #695

To make bitcoin now is hard and because of this it will create great employments in future. Bitcoin and others market capitalization is higher enough to create employment. I have a friend that have resigned from his white collar job to focus on cryptocurrency trading and today is very comfortable and happy with him live. I also read a boy's story who is making over 150,000 dollars monthly from trading arbitrage. On LinkedIn many companies are now advertising for cryptocurrency related job. You can also google how many people are being employed daily from programmers to professional marketers e.t.c.
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July 05, 2017, 07:41:52 AM
 #696

Due to automation, many jobs have been lost and will be lost and may companies and businesses are only offering part time jobs so yeah I agree that Bitcoin is helping to create more jobs for many people. Take myself for example. I can't get a job outside due to my age as jobs are limited on the Island and most of the jobs go to younger people, so for me it's my total lifeline!
yes  bitcoin is providing jobs opportunities but not on permanent bases. even the bitcoin job is also part time and temporary. people consider bitcoin earning as extra income. although i have a permanent job but still the in come that i get from bitcoin is too much helping for me.
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July 05, 2017, 08:14:40 AM
 #697

Due to automation, many jobs have been lost and will be lost and may companies and businesses are only offering part time jobs so yeah I agree that Bitcoin is helping to create more jobs for many people. Take myself for example. I can't get a job outside due to my age as jobs are limited on the Island and most of the jobs go to younger people, so for me it's my total lifeline!
yes  bitcoin is providing jobs opportunities but not on permanent bases. even the bitcoin job is also part time and temporary. people consider bitcoin earning as extra income. although i have a permanent job but still the in come that i get from bitcoin is too much helping for me.
If bitcoin will stay and no job offers that pays bitcoin I think you will say bitcoin is not making jobs.
Understanding what is bitcoin is very important, we have a job now and bitcoin is the payment so it's not bitcoin who is giving a job directly but our employer or the business where we work to get paid, bitcoin is just a currency and an investment as well but when it comes to investment it is not only one sided, bad outcome can also happen.

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July 05, 2017, 08:42:03 AM
 #698

Due to automation, many jobs have been lost and will be lost and may companies and businesses are only offering part time jobs so yeah I agree that Bitcoin is helping to create more jobs for many people. Take myself for example. I can't get a job outside due to my age as jobs are limited on the Island and most of the jobs go to younger people, so for me it's my total lifeline!
yes  bitcoin is providing jobs opportunities but not on permanent bases. even the bitcoin job is also part time and temporary. people consider bitcoin earning as extra income. although i have a permanent job but still the in come that i get from bitcoin is too much helping for me.
If bitcoin will stay and no job offers that pays bitcoin I think you will say bitcoin is not making jobs.
Understanding what is bitcoin is very important, we have a job now and bitcoin is the payment so it's not bitcoin who is giving a job directly but our employer or the business where we work to get paid, bitcoin is just a currency and an investment as well but when it comes to investment it is not only one sided, bad outcome can also happen.
I think that bitcoin is directly creating jobs as well.
Somebody has to write the software that is used when a payment is made with bitcoin.
And other people work at exchanges. Some people own bitcoin casinos, others have websites where they advertise for bitcoin.
Just a few examples where bitcoin is not the payment, but directly the reason why the job exists.
The payment for that job does not have to be made in bitcoin by the way.
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Bitcoin- in bullish time


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July 05, 2017, 10:44:03 AM
 #699

Due to automation, many jobs have been lost and will be lost and may companies and businesses are only offering part time jobs so yeah I agree that Bitcoin is helping to create more jobs for many people. Take myself for example. I can't get a job outside due to my age as jobs are limited on the Island and most of the jobs go to younger people, so for me it's my total lifeline!
yes  bitcoin is providing jobs opportunities but not on permanent bases. even the bitcoin job is also part time and temporary. people consider bitcoin earning as extra income. although i have a permanent job but still the in come that i get from bitcoin is too much helping for me.
If bitcoin will stay and no job offers that pays bitcoin I think you will say bitcoin is not making jobs.
Understanding what is bitcoin is very important, we have a job now and bitcoin is the payment so it's not bitcoin who is giving a job directly but our employer or the business where we work to get paid, bitcoin is just a currency and an investment as well but when it comes to investment it is not only one sided, bad outcome can also happen.
I think that bitcoin is directly creating jobs as well.
Somebody has to write the software that is used when a payment is made with bitcoin.
And other people work at exchanges. Some people own bitcoin casinos, others have websites where they advertise for bitcoin.
Just a few examples where bitcoin is not the payment, but directly the reason why the job exists.
The payment for that job does not have to be made in bitcoin by the way.
In general, bitcoin is still a payment option and more like a currency because bitcoin is created to be like a currency and currencies are used in executing payments so even those things that you stated like bitcoin casinos, they are still using bitcoin as a payment because the rollers are using bitcoin to pay their bets and also the advertisers using bitcoin as a payment because they are doing advertisement for bitcoin because they want that payment to be give to them.
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July 05, 2017, 10:46:20 AM
 #700

Bitcoin does not provide jobs, because it is simply a currency in which you can give a salary or in which you can invest. With the advent of bitcoin, jobs did not increase, but it became possible to collect Satoshi or buy coins for investment.

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