how can bitcoin help the community?

[Osarman]

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

Bitcoin could help the community by donating some projetcs like chairs, table or anything than can be usable or maybe by sponsoring some charity events by of course by our bitcoin people who earned big. Doing this not only help the community but making the bitcoin more popular too.

Bitcoin is not an organization that will be donating table and chairs to the community. This should be a personal stuff. If you feel bitcoin has helped you to achieve a lot, you can use that avenue to create awareness for bitcoin by adding to the community and making it known that bitcoin helped you achieve that.

[kingntking]

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.

It will help community in many ways and this will bring happiness to all the faces around the globe bitcoin gave profit without any discrimination to class and if whole community is using it will be more development in charity funds and more revolution in infrastructure so adopt it and spread awareness about so that everyone can enjoy.

[sariz12]

Yes.  It can serve as an aid for unemployment and an alternative way of having a regular income just by staying at home . It is very helpful to our community becuase bitcoin is a very valuable than the other

[blacksheep1527]

Yes.  It can serve as an aid for unemployment and an alternative way of having a regular income just by staying at home . It is very helpful to our community becuase bitcoin is a very valuable than the other

Yeah,we became financially stable because of bitcoin. It opens opportunity for us to have an income by investing, trading and a lot more. Most especially to those unemployed people. Atleast now, they were able to stabilize their financial status while they were still looking for a job. And that's one of the reasons why bitcoin can help the community.

[cotton ball]

Yes.  It can serve as an aid for unemployment and an alternative way of having a regular income just by staying at home . It is very helpful to our community becuase bitcoin is a very valuable than the other

Yeah,we became financially stable because of bitcoin. It opens opportunity for us to have an income by investing, trading and a lot more. Most especially to those unemployed people. Atleast now, they were able to stabilize their financial status while they were still looking for a job. And that's one of the reasons why bitcoin can help the community.

bitcoin is present as a hope to introduce it to the true form of long-term asset assets, they can start dreaming with a very simple effort, this is not available in other business models. Bitcoin has a positive effect with a smaller level of risk even though it is not regulated by the government, and that's where the potential is actually because they have to be aware or will regret it in the future.

[DIAH PERMATASARI]

The government might put a tax on btc if they want it to help in their country.
I think that's not good.

the bitcoin can not be arranged but why it will be taxed, it will be difficult, maybe the tax is the income and the sale of currency difference can only be run, but if bitcoin it will be difficult because the wallet can be changed or hidden

[Rhum142]

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

In 3rd world country, there're the big lack of jobs, so who has a good knowledges but can't find the job in real life can find job in here, in Bitcoin community, where everyone is welcome. Even bitcoin will make them have to improve their english to communicate if they want to work. Bitcoin indirectly make jobs for 3rd country and help the world become better.

[Gotottack]

Well, I think it already does now considering it helps decrease unemployment rate. Literally speaking, it is not employment because of the kind of flexibility it offers. What it does is that it is the source of income of some people.

It helps the community in a lot of ways because it increases the people's purchasing power. The increase of purchasing power directly affects the economy at large because goods and services become affordable with the increase of demand. As we all know, supply and demand is critical in our economy.

[Ajan08]

I think it already help the community to find source of their income, but the problem of this situation the only country help the bitcoin are the country has potential to avail internet access. Bitcoin was helpful to community, it also increase our communication skills. Bitcoin help to us as stable beneficiary. It open to all people who want to use it as a source of income. Bitcoin stand as long term asset. It can't result any losses.

[lordquanta]

The government might put a tax on btc if they want it to help in their country.
I think that's not good.

the bitcoin can not be arranged but why it will be taxed, it will be difficult, maybe the tax is the income and the sale of currency difference can only be run, but if bitcoin it will be difficult because the wallet can be changed or hidden

The fundamental problem on taxation on bitcoin is the way different government sees it differently. This makes different type of taxes being levied on bitcoin in different countries. For example AFAIK Israel recognized bitcoin as a property. And thus they have levied property tax on it. [1]

And at same time countries like India income from bitcoin is taxable under categories like capitol gain.   Unless countries see as a currency, there will be different tax in different countries. you could say this is disadvantage of being decentralized currency where no one owner.

Of course you could hide bitcoin offline, but that would be considered as willful tax-evasion. So stay away from felony.

https://www.coindesk.com/israel-may-gearing-tax-bitcoin-kind-property/

[Nevis]

It will really help us just trust in its volatility,volatility is one of the reasons why we are seating at this current price range,rapidly and almost instant price increase so the bitcoins we are holding are pumped by that volatility so it already helped us

[Mr.john]

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.

For me, bitcoin will become helpful into our community and i think it helps so many people and by because of it many people are has a chance to changes thier life.  But, first it is important to have a knowledge about in bitcoin, so we just need to learned about bitcoin first, and after that if our knowledge in bitcoin is so wider it is the time that we are going to share our knowledge in others and teach them about bitcoin, so by teaching them all i think many people in our community are willing to choose bitcoin. By bitcoin, it will gives and opportunities to the people who are taking it, and I'm sure many people are success in thier life and if bitcoin will become popular in community i think that we are having a better community, because all of people a having thier source of income. So bitcoin is good impression into our life and in our community.
 

[Sled]

It will really help us just trust in its volatility,volatility is one of the reasons why we are seating at this current price range,rapidly and almost instant price increase so the bitcoins we are holding are pumped by that volatility so it already helped us

The volatility is the reason why we have a lot of profits right now. That is correct that we need to trust in volatility because if there is no volatility then there is no investor or traders that this huge in bitcoin because bitcoin is like the fastest way to grow your money and even in less than 10 years of investing in bitcoin, i can say that you can become a very rich person.

[boulecoin]

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

Micropayments will continue to grow and become a huge part of life

[pokeronlinestatus]

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.

Though bitcoins are helping many people around the glove in achieving their goals and making their dreams come true but if we want to look at the betterment bitcoins are bringing on community level, we need to strictly analyze the number of users involved in buying and selling bitcoins, keeping them in wallets etc. bitcoins can improve conditions only if users are in large numbers.

[Firefox07]

I am in third world country and bitcoin give our community a big help. Bitcoin it gives income for those people who are unemployed. Bitcoin give us opportunity to earn money for our living.

[untugede]

I am in third world country and bitcoin give our community a big help. Bitcoin it gives income for those people who are unemployed. Bitcoin give us opportunity to earn money for our living.

indeed bitcoin provides such a great service for people who understand how to get it,
and maybe people who do not know how to get it yes remain confused as to how

[KingdomHearts]

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.

Bitcoins have provided people with a hope of earning good money to make their dreams come true. People were badly in need of some new creation, some new direction of earning money.

Their needs were unable to be satisfied with fiat just, bitcoins have not only made transactions easier and faster rather they have opened new avenues of earning money.

[Chienna]

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 every people, especially those people who don't have stable job. It's help us to provide our daily needs in life because of its expensive rate. Also, bitcoin is really helpful because the transactions are fast, you can send or receive money anywhere. Where it cause a less hassle to us and less consuming time if we are busy.

[coinpennant]

Bitcoin can help many people if they are more interesting in bitcoin. Many jobless people will help if they will engage in bitcoin. The do not need to invest just promote bitcoin. Understanding the digital currency of bitcoin is very important and it will help to expand our community.