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Author Topic: Whose problems does Bitcoin solve?  (Read 416 times)
isaac_clarke22
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April 21, 2018, 03:53:55 PM
 #81

-snip-

Internet money and Wall Street is a work in progress. I don't think it would be wrong to assume that a good number of Bitcoin users tend to have a cryptoanarchist or libertarian mindset, but still voluntary. With each bull run, FOMO brings in new users maybe with no ideologies, just don't want to miss out, but as the market swings towards bear mode, they panic/leave, obviously speculation, apart from Cryptoanarchism/libertarianism/speculation, an average Joe is yet to find/see a solution in Bitcoin and I guess when that happens Bitcoin would be mainstream, but it would be the biggest challenge, to get an average user interested in Bitcoin and retain.
-snip-

But does these cryptoanarchist really know what Bitcoin is really used for, these cryptoanarchist basing their arguments within its price but not its uses. What I'm trying to point out is that, are majority of the people getting into crypto were here just because they earn from their investment. Nothing is so bad in if they were here for that, but did they have the time to realize its purpose yet. They would just simply exit out of crypto after these bans happen instead of defending its purpose to become a currency and not just their money-cow. They would just simply abandon it until it becomes useful for them in a time that a bull run happens and they would reinstate their activity here.
Bitcoin aims to be the currency to be used in online purposes and we are yet to arrive at that point, but how can we even reach that point of massive gains and adoption if people would just naturally exit out of crypto and they just arrived for a single purpose?

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April 21, 2018, 04:28:20 PM
 #82

Bitcoin actually saves a lot of problems in this world.It also solve my financial problem.Now I am so relief.
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April 21, 2018, 04:47:53 PM
 #83

All problems of bitcoiners is solved by bitcoin. In terms of financial the bitcoin help people for their financial status. It helps a lot of people for their needs.
Precisely, bitcoin is a big help for those who used it. A lot of financial problem has been solved by bitcoin. A lot of people used it inorder for them to achieve financial freedom so that they can sustain the needs and wants of their family.

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April 21, 2018, 05:18:10 PM
 #84

Bitcoin is one of problem solvers. Think about the possibility of sending money to anyone on the planet without any bank account.
Yes of course Bitcoin is a problem solver. It solve many person problem of people and public problem of a country. Bitcoin become the financial backbone of many middle class family. It help people to overcome their financial crisis. In many countries it help to reduce unemployment issues. Bitcoin mainly solve the banking related problem of many people. Many people doesn't have a bank account so Bitcoin help them in transaction.
It also help  people to get out the long processing system of bank and also change a low transaction cost. And people can use bitcoin anytime anywhere.  Wink

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April 21, 2018, 05:19:38 PM
 #85

Yes, first of all, bitcoin for everyone is a solution to their financial problems. Including for me. For many, this has turned into a job, which means bitcoin solved the problem of unemployment. Also, it seems to me that bitcoin solved the problem of self-education, as people began to read more and learn different information in order to be aware of the events. Therefore, as we see, getting bitcoin is not only pleasant but also useful.)

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April 21, 2018, 05:20:58 PM
 #86

Bitcoin are being create for people to investment purpose, IMO
It's help people to make alternate investment not solve any problem.
My government said, bitcoin will make problem because of it's decentralized concept and it's anonymous !
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April 21, 2018, 08:05:53 PM
 #87

Bitcoin has solved the problem of financial transparency and given freedom to us to remain financial independent.  Also transaction time has been reduced in case of international transactions.
If we talk about BItcoin as an investment tool then it has given users a opportunity to invest their saving in a tool whose demand is inc. like anything.

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April 22, 2018, 05:42:12 AM
 #88

Bitcoin has solved many problems. The most important is it helps the people to earn to fulfill their financial needs. Bitcoin provides an open secure and fast way of transferring the money. You don’t need any governmental permission. It is a new way for people in countries such as Saudi Arabia, Syria, China or North Korea to make an international secured transaction.  International Bitcoin transactions are much faster and cheaper than the regular ones. It builds trust between people of different geographical location.

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April 22, 2018, 05:52:28 AM
 #89

Bitcoin can help with these problems but not solve them. I would go as far as to say it is improving on the current situation. Solutions always creates more problems in my experience.
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April 22, 2018, 06:10:44 AM
 #90

Bitcoin has solved many problems. The most important is it helps the people to earn to fulfill their financial needs. Bitcoin provides an open secure and fast way of transferring the money. You don’t need any governmental permission. It is a new way for people in countries such as Saudi Arabia, Syria, China or North Korea to make an international secured transaction.  International Bitcoin transactions are much faster and cheaper than the regular ones. It builds trust between people of different geographical location.

I don't think that the first problem that bitcoin does solved, its just the result of people suddenly investing on bitcoin. Remember it was not designed Satoshi to be like that. If you would go back to his whitepaper it says Peer to Peer Electronic Cash System how can it fulfill you financially when it was designed to me a payment method?

But as an offset of people just jumping on the bandwagon and making it a speculative asset and investment portfolio that it was today, its not becoming as store of value, which for me is also good in a way, but it was far off to the original vision of the man himself.

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April 22, 2018, 06:57:17 AM
 #91

Bitcoin help to solve many problems. It mainly solve the money related problems. In many middle class family Bitcoin act as a economic saviour for them. Many financial related problems are solved with the help of Bitcoin. In many country Bitcoin help to reduce the unemployment issue because bitcoin doesn't need any age and experience certificate in order to work with Bitcoin. And many people solve their banking related problem with Bitcoin. Bitcoin provide its user an high-level security and privacy. Bitcoin provide its user untraceable and uninterrupted money transaction facility.

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April 22, 2018, 08:03:14 AM
 #92

I would say that practically bitcoin has solved the problems of people working abroad who spent a lot as transaction fee during remittances and Philippinese have benefited by this by sending their income to motherland at very cheap rates.

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April 22, 2018, 10:41:30 AM
 #93

All problems of bitcoiners is solved by bitcoin. In terms of financial the bitcoin help people for their financial status. It helps a lot of people for their needs.
Precisely, bitcoin is a big help for those who used it. A lot of financial problem has been solved by bitcoin. A lot of people used it inorder for them to achieve financial freedom so that they can sustain the needs and wants of their family.
It is nice to hear such positive remarks about bitcoin because I am bitcoin user and I know how good and how beneficial bitcoin is, so same as you I love to have bitcoin and I am waiting for the right time to sell bitcoin, some friends have suggested me to use bitcoin campaigns for earning free bitcoin, so I bought bitcoin and store them in my bitcoin wallet so later on when I will sell my bitcoin I will earn very high profit from it.

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April 22, 2018, 11:04:13 AM
 #94

For nearly 12 years I worked as an entrepreneur, owed me a lot because to meet the necessities of life. but since I knew Bitcoin, all the problems were solved, all my debts paid off. even I have a lot of savings. thanks Bitcoin.

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April 22, 2018, 11:06:29 AM
 #95

according to the people that bitcoin can help many problems, for those who have not earned a decent income the only way bitcoin to generate profits, and also can reduce unemployment.
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