Bitcoin reduces unemployment

[donte872]

I agree, Bitcoin industry is able to create new employment from scratch, there are so many unexplored (yet) possibilities from which we can improve our society, thanks to Bitcoin

I agree with you. 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?

[petmalulodi]

Bitcoin can't give you a job, the maximum it can do it can facilitate your job.
Don't even start with the trading bitcoin is a job. Then people might claim that betting on horses is a job.
It's not bitcoin that creates the "jobs" of sigcampaigns or webdesign or whatever.
It's the people who own those business that create those part time jobs.

[rutherford]

Absolutely right. Bitcoin could be an option for those who unemployed or those who tried to find a job but haven't got any. Bitcoin could be another income source for them. Although Bitcoin isn't really a job but at least they could earn money for living.

[Gufeng]

Of course it is high volatile, but its mostly growing up with time, even with that time when market is falling at all, it still is better then was year before

[narik amal]

bitcoin is not reducing unemployment much. As, million of people neither have desktop computer nor have internet access. They don't even know what is digital currency.

I agree with your opinion, can reduce unemployment if unemployment is supported by new technology and internet access.

[Gondwanaland]

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?

Somehow, those people who can access the bitcoin are those people who have an internet connection. So if the unemployed people can access on it, it is a chance to reduce the unemployed people. Of they can access on it they will have an opportunity to have a job and gain a money for them. But sad to say if you have poor and if you can't have an access it is bad for you because even there's a job in bitcoin and if you can't access there non sense at all. Thus it can reduces unemployed people but it is still in biased way.

[cfif123]

Others may consider bitcoin as their main source of income or their job. But for me, now that bitcoin still not recognized in our country, i still consider this as my other source of income, an additional source of income for our growing family.

it is true that bitcoin is a good source of income if I think. because the results of the bitcoin did not disappoint and many successful people are also because of bitcoin.
yes I hope in your country that bitcoin fast legend by your country government

[Mr.grin]

actually it depends how the person uses bitcoin. if they can make jobs using bitcoin, I think it can reduce unemployment. I am sure, many people have done that. build a business with bitcoin, and start reducing unemployment with it.

[jlong187]

Yes, I agree. Bitcoin and all the crypto world is a great platform where unqualified students of whatever else people can earn money and have some work for themselves

[kdrama]

I can say that it is because there are many people that are now using bitcoin as a mode of payment in giving wages to their employees and bitcoin can use not just by one person or selected persons it can use by all people who has a knowledge about it.

[salamloloh]

of course greatly reducing unemployment like me now, i am just a widow who does not have a job but with bitcoin i work at home by following bounty signature while keeping my son

[snipetr]

For me, I really think that bitcoin really reduces unemployment because with investing to bitcoin, you could really earn money specially when you really spend your time on working for bitcoin. And not only it reduces unemployment

[raybut37]

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 it's true many unemployed today are working in bitcoin.

[bekohkoning]

no doubt if bitcoin reduces unemployment, many people do not have a job but they can buy whatever they want even those who work do not necessarily buy something they want

[rightway00372018]

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 I agree, bitcoin is really a big help to many people especially to those unemployed and even student can also join to become profitable while studying.

[mimienamphine]

Unemployment is a serious issue in the world today.With the emergence of bitcoin,thousands of jobs have been created on the blockchain.Either participating in a bounty campaign,investing in cryptocurrencies or mining has put money in the pockets of many around the globe.Yes bitcoin has helped in providing jobs around the world and the various governments must accept and promote it since it has the potential of ending unemployment.

[steelzeppelin]

If bit coins were more popular, we'd have a bigger unemployment problem, not a smaller one.

See, unemployment is directly linked to the availability of capital. Hiring happens when new businesses can start, or when existing businesses can expand. Under ideal circumstances this happens as a predictable rate. But that can only happen if capital is available consistently and for low prices.

If bit coins were popular as a store of value, capital would be more expensive and less readily available. The reason is obvious: By definition, bit coins being more popular as a store of value means draining money out of the capital market and squirreling it away in bit coins.

Since we already have a problem of capital not being available as widely and as cheaply as it needs to be, further reducing the size of the capital market would make unemployment worse, because it would be more expensive for new businesses to start or for existing businesses to expand.

What we need to bring unemployment down further is cheaper and more widely available capital. This is already happening; lending reserves are expanding at a steady rate thanks to Fed open-market operations, and historically low interest rate returns on cash holdings are prompting long-term investors to restructure their portfolios in ways that are capital-market friendly. It's just that what's happening now needs to continue happening in order for business to expand and unemployment to fall back to nominal levels.

If somebody waved a magic wand and made bit coins, say, a million times more widely used as a store of value, that'd hurt the economic recovery toward full employment, not help it.

[jatin729]

yes Bitcoin actually help to improve buying power of people who are working in crypto industries
when it comes to employment, Yes crypto is providing employment to thousand's of people because we have seen there are many exchanges, on backend people are working. and Blockchain technology is also on growing stage and people are looking for career in blockchain. we can say that bitcoin is helpful for decreasing unemployment rate in the world.

[stayeduptolate]

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 I do believe that bitcoin reduces unemployment because bitcoin provides employment to the people throughout the globe. Bitcoin is a very good platform to start earning money and become financially strong this is because it provides many ways to the people by which they can start earning money and get employed like one can join signature campaign where one has to post on relevant topics and then they are paid accordingly this just like getting employed at a company.

[Akupuniard]

Uneployment problem can't be solved by making new people working with bitcoin. They are just reciving something not for a long time and only few of them would be fine after all.