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Author Topic: how can bitcoin help the community?  (Read 14393 times)
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September 25, 2017, 08:45:17 AM
 #301

Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.
Jobless people like me who lived in third world countries will have the chance to earn decent amount of money through Bitcoin. I think through Bitcoin unemployment rate would be lessen. Bitcoin related businesses will appear but it depends on the governments move about cryptocurrency policy in a particular country which sometimes affect traders and even the Bitcoin community. Bitcoin is the best  investment asset for unemployed or third world countries because of it's volatility. Bitcoin is profitable, usable and is accessible by almost anyone regardless of social status as long as an individual has internet connection and a smartphone.


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September 25, 2017, 11:26:45 AM
 #302

Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.
Bitcoin can help the community especially the 3rd world country because it opens opportunity to everyone to  earn.  Through bitcoin, numbers of people who are unemployed decreases.  If everybody in the community has enough earnings, their status of living will improve then the status of community as a whole will improve as well.   
Why bitcoin are so amazingly increasing gin the world and they are making a monumental place in hearts of people? It is just because people are being benefitted by its charm. Communities are getting a positive blush with respect to economic and social values.
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September 25, 2017, 11:55:33 AM
 #303

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

Bitcoin helping the community to give an opportunity especially to unemployed person to earn money,people mostly live in 3rd world country have  no job or no small business they take only by chances,when bitcoin introduce in the market its is like a gift coming from heaven,they help the community in so many ways.

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September 25, 2017, 12:39:19 PM
 #304

 if community knows about bitcoin they can earn money. they can help government because they less jobless people. they can givw all there needs and they can be the one to have a opportunity to be rich if they lucky. when they have enough knowledege about bitcoin nothing is imposible.

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September 25, 2017, 03:34:11 PM
 #305

This depends on whether the community is actively using bitcoin or not, bitcoin is very useful to help the community transact than the bank because to send and receive bitcoin cost no more than $ 2.
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September 25, 2017, 04:26:07 PM
 #306

Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.
In my own point of view, Bitcoin can help the community by giving themselves better earnings to provide all of their needs and to pay all of their bills at home. Bitcoin can help every community to lessen all of their financial problems at their homes. Bitcoin can really change someone's life that's why theur are so many people who are interested to use bitcoin.
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September 25, 2017, 05:05:14 PM
 #307

Bitcoin could be useful in allowing direct transfers from user to user but for such a feature to be utilized there would need to be basic infrastructure like electricity and internet. If third world countries start having those then there could be a leapfrog to bitcoin.

True, additionally bitcoin can be an alternative job for those who have not found stable job here and as well it can provide people in a community a money to pay for their expenditures online. I think also bitcoin may help community if it can contribute some of its profit to provide better establishments, public services and local entities which will help people to live peacefully and contented , but then If it will not happen government may still acquire tax from bitcoin to used for public services.
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September 25, 2017, 05:13:12 PM
 #308

I beleive that bitocin could help to reduce poverty in 3rd world countries but the problem is that in these countries people have limted access to Internet and new technologies, not enough knowledge and many of them haven't even heard about bitcoin. First these things should be solved and it could be done with some efforts and thus help people in such countries to have better life. But this is not easy process and takes time and in some cases also political will.
Well, I also believe that it will help manh poor people and I hope it can also reduced poverty. In addition to that, if one's has good economic and has new technologies they could use it to know what bitcoin is. We all know that using bitcoin has positive effect in our community.

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September 25, 2017, 05:59:51 PM
 #309

It makes transactions more efficient, particularly for larger figures and across borders, but other than that some people posting here seem to expect it to do what money does not.
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September 25, 2017, 06:21:25 PM
 #310

I beleive that bitocin could help to reduce poverty in 3rd world countries but the problem is that in these countries people have limted access to Internet and new technologies, not enough knowledge and many of them haven't even heard about bitcoin. First these things should be solved and it could be done with some efforts and thus help people in such countries to have better life. But this is not easy process and takes time and in some cases also political will.
Well, I also believe that it will help manh poor people and I hope it can also reduced poverty. In addition to that, if one's has good economic and has new technologies they could use it to know what bitcoin is. We all know that using bitcoin has positive effect in our community.

Yes I agree you.The sudden raise of price on bitcoin, made many new rich man and millionaire or billionaire. It only possible by the sudden raise of bitcoin after August. Many resigned there full time job and doing  bitcoin as their full time job.Even my friend resigned and doing this as a full time.

 
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September 25, 2017, 06:55:37 PM
 #311

Based on the posts on this thread, most of us already know the benefits of bitcoin to individuals, bussinesses and also the community. We can just all hope that bitcoin overcomes its regulatory issues so we all can continue the benefits that we are reaping.

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September 26, 2017, 03:28:38 PM
 #312

Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.
If you understand perfectly well how bitcoin works, then you will most definitely know its importance in the community at large. Do you want to start with speedy transactions, do you want to talk about security which I believe in the long time having bitcoin will be more secure than keeping in the bank or you even want to think of it as an investment. There are so many ways, bitcoin will improve the community and we will soon start experiencing it.

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September 26, 2017, 03:33:37 PM
 #313

Bitcoin could be useful in allowing direct transfers from user to user but for such a feature to be utilized there would need to be basic infrastructure like electricity and internet. If third world countries start having those then there could be a leapfrog to bitcoin.

I agree, well bitcoin sustain community an alternative way for earning while waiting for a stable job, bicoin helps people to practice peer-to-peer transaction wgere in there is no certain boundary for them to manipulate and prolong the transaction but unstead giving a concreteconnection between the two.

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September 27, 2017, 05:32:34 AM
 #314

Actually BTC make jobs for those have limited income to increase their efforts for best life
Yes, bitcoin can help the community and it can also improve the living standards. it improve each and every thing regarding community.one can trade in it and get high profit ,on can donate it to needy organization who help poor people across the globe.
Bitcoin can help the community in many ways. A lot of people are making money from bitcoins as investors, as traders and as seller. They make money for their families to raise their family status and to help their community to get a better life style. Bitcoins are being used to raise the education standards in a community.

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September 28, 2017, 10:11:38 AM
 #315

Most of the third world countries do have an internet connection which is actually an advantage when it comes to cryptocurrency not only limited to bitcoin. Most of the transactions can be made faster with the aid of internet and crypto thus creating more time for the users to spend in work , family and overall improving the quality of life. I'd say bitcoin and cryptocurrency will make third world countries rise in ways we couldn't even imagine.

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September 28, 2017, 09:32:05 PM
 #316

Bitcoin can help those people who does not have a work for a long time, those poor but have an android phone, bitcoin gives them the chance to earn money for their daily needs.
You should not depend on your signature campaign earnings you should consider them as a bonus, it is very obvious that we can earn a decent amount of money with bitcoin but that does not mean that things could not change in the future if something bad happened to bitcoin.
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September 28, 2017, 09:59:28 PM
 #317

No need to be confused with bitcoin that is able to help the community because bitcoin has a high price and with an income of 0.03 / week alone is good enough for bitcoin to help the people's fiansial needs.

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Sale_man
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September 28, 2017, 10:54:32 PM
 #318

Bitcoin has helped the community so much in these previous years , and even improved their life quality by giving them job opportunities they didn't have or made them exploit skills that they couldn't make use of them in normal/traditional jobs since things are far more complicated in real life . It provided bank accounts too for people that didn't have one , and made money transfer much easier and safer (potentially faster) .

Oggy Pogi
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September 28, 2017, 11:07:17 PM
 #319

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

bitcoin really helps to everyone, if you know how to handle it, bitcoin will surely help to the community wherever it is and provide some income for all if you have knowledge on it, so the way we can help or bitcoin can help is to provide knowledge on how it works, what it is and etc., just my opinion. Smiley

Yes it is, I think bitcoin is not limited as just currency it act as alternative job for those who need since they cannot finance themselves that without a job, it is another way for the investor to get higher profit in short period of time which also really helpful in bitcoin's price .All transactions and imvesting is aid by the Internet so the people can smoothly can access in bitcoin, yojpung people jut like students are able to be productive in short period of rime without huge distraction in their focus in school, bitcoin helps them to gain profit so easy without affecting their grades, it helps community in many ways.

Reez
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September 29, 2017, 02:02:43 AM
 #320

Bitcoin can help the community by forcing everyone to learn about the new form of money in town that's kicking ass and taking names. It's by far the most superior as sound money so it'll act as the world's reserve currency one day.
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