how can bitcoin help the community?

[Harley29]

Let's think of a hypothetical scenario if Bitcoin becomes the world's major (most used + highest market cap) currency one day. How will it change the world? The obvious point is cheaper money transfers, but what about its impact on the global economy? Is a "deflationary" currency better for the world? Is quantitative easing really that bad?

No it is not bad infect it is very good because this is the only thing which can make our community independent and it will increase our level of abilities in the whole world, now it is very safe and it is very easy to transfer high amount of money from one place of the world to the other, even we can transfer money as a bitcoin from one country to the other country. Increasing demand of bitcoin is increasing the profit and now people have become aware about digital system so I think it is making everything easy and better for us, it has become easy to earn money and very convenient to buy what we need in our life which is the best impact of bitcoin.

[1714700298]

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[bitllionaire]

The community means people.So i think that Bitcoin helps each and everyone of us to achieve something that they wish.So it's an extra income which doesn't belongs to banks, belongs to people and and its principle is to help them.I think this is very important.

Bitcoin from the very beginning providing opportunity to people to make money from it. People already have made a lot of money from bitcoin and still continue giving profit to it through trading and investment, in fact we always observe fluctuation in bitcoin price and people aways get opportunity to make money from it.

[Crazygreek]

Bitcoin is making our community better than others because we are reciving money but not paying taxes and we also don't need any banks to be sure our money is fine.

[nematography]

It could provide an excellent educational opportunity for teaching and learning macroeconomics. As the cryptocurrencies are moving though the stages of currency development so fast as to eliminate most of the confounding factors of studying more mature currencies that evolved over several centuries of political and socio-economic change.

[toygama]

While it is bitcoin is changing lives of many individual it will also somehow help the community. The change in the community starts by changing a person. If there will be one person per family who knows and uses bitcoin, it will definitely help increase the economic status of every family and the community as a whole.

A lot of help in a community people earn a living from bitcoin, it's help to educate their children and contribute in the growth of their economy the money they earned from bitcoin also helps them invest another business to sustain their financial needs.

[GreatBug]

Bitcoin's price is volatile, that's right, but in the same time its actually high, and having a promising potential. There is a lot of people from 3rd world countries genertaing extra income only by working with Bitcoin.

That is true but maybe try look closer, if somebody just invest some part of their monthly saving and after that bitcoin pump like 100% that situation can occure big profit for someone what is more it can just help their level of living.

[Ayush rana]

Bitcoin is helping community because it is providing jobs to the jobless people and helping people to earn some money so that they can fullfill their basic needs of the day. That means bitcoin is helping countries to increase the job employment and the gdp of the countries.

[Qastessa]

It could provide an excellent educational opportunity for teaching and learning macroeconomics. As the cryptocurrencies are moving though the stages of currency development so fast as to eliminate most of the confounding factors of studying more mature currencies that evolved over several centuries of political and socio-economic change.

In my opinion bitcoin is already doing the services for the community in different forms and a lot of the people from different regions of the world are getting advantages from them. The job creation without any experience and even in the interviews is the best of all which has helped many people to take care of their families even when they were un employed due to any reasons. There are many students who are paying for their graduations and higher studies and its all because of the bitcoin.

[Semaj123]

Bitcoin is helping community because it is providing jobs to the jobless people and helping people to earn some money so that they can fullfill their basic needs of the day. That means bitcoin is helping countries to increase the job employment and the gdp of the countries.

I agree with you that Bitcoin help the unemployment rate decrease. Because people have given the chance to earn some profits by just getting involved into these technology. With so many opportunities that these crypto given to us, thus it really help the society to be more developed and will also give us a hassle free transactions.

[Blackmet]

Bitcoin let us forget about taxes and banks and also made our mentality of free people from government. I thought that everyone realize this stuff

[Whitly]

I think, that bitcoin provides a lot of opportunities for people from the third world countries, by allowing them to get far more than the average salary in theirs region, which I am quite sure not a bad alternative for their unemployment rate. Because you don't need special knowledge or be an adult, to start earning cryptocurrency (bitcoin) by doing small tasks.

[rainezerr]

It could enrich a very small minority of early adopters. Depending on what these early adopters do with their new found wealth, they could bootstrap other social improvements. It will probably not result in increased (effective) tax evasion due to the wide range of levers available to collect tax revenue. Although an increased informal sector may result in governments shifting towards regressive taxation such as consumption taxes to offset the evasion of progressive taxation.

Bitcoin can really help people to get out of school youth because you can work at home by promoting and advertising different ico's so do not think of your self as a useless person if you did not finish college and encourage your self to be productive everyday.

[BLTC]

Currently bitcoin was able to tap many individual in the community. There are regular people who is involve in cryptocurrency or bitcoin that enables them to earn extra amount money. Cryptocurrency as a general will be able to ease and lessen the amount of charges  in the future which basically what our current financial institution is doing. So it will help a lot.

[amberlinni]

It really depends on how willing various cryptocurrencies are to absorb certain "bad" aspects of fiat currencies in order to grow into a major currency with global volume. At current, I don't know what level of actual impact is likely - since you have to predict not just technology but the behaviour of people: Both of those that use or might use Bitcoin and the adaptations of its traditional and contemporary competitors and their mindshare.

[esprit man]

Bitcoin will fulfill many needs of human life. Modern currency exchange system. It is transaction is simple, very fast. One can easily deal with other people. This requires internet, bitcoin community helps. Bitcoin increases employment, unemployed can earn money. All countries will progress towards progress.

[tuliobrothers]

Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.

In trading and by joining in signature campaign thru that everyone can earn with it.  Upon reaching those things in the community,  they can have a source of income and will not even wait for the help of the local government because trading and bounty programs are considered a job.

[AndrewBrown]

Bitcoin can help a lot of communities where unemployment is quite rampant as people can make some money for themselves off of bitcoin while they find a job this way they won't have to resort to illegal activities to make a living.

[dekafee79]

Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.

i think,Bitcoin can help the community by giving opportunities to earn money and the country can take taxes from bitcoin transaction.

[congresowoman]

Bitcoin can give a person financial freedom. Of course you have to be smart when it comes to where and how much money you invest in. For third world countries. Bitcoin is a game changer when it comes to how the country view financial technology. Bitcoin is another way wherein convenience can be assured of the people because it can really simplify and make transactions faster.

[mstfprcn]

Bitcoin provides the opportunity for the jobless to earn some decent income through trading or service. It also gives extra income to those who have jobs. It gives instant access to those who needs extra in their pockets.