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Author Topic: Whose problems does Bitcoin solve?  (Read 671 times)
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April 06, 2018, 10:25:22 AM
 #21

Im one of them and I know more people specially those bitcoiner was helped by bitcoin and solved their problems like me. Thanks to bitcoin its a big blessing for us.
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April 06, 2018, 10:41:17 AM
 #22

Bitcoin has create alot of employment for many people and that affect the unemployments data. The Japanese government declared somewere last year about great growths in their gdp because of the cryptocurrencies market! Bitcoin has helped in third party transactions because it is decentralized and fast.
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April 06, 2018, 10:43:11 AM
 #23

Many problems are solved with bitcoin, economic problems, such as reducing unemployment, improving one's finances, and I think indirectly help the state economy for its citizens who follow bitcoin.
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April 06, 2018, 11:12:10 AM
 #24

They solve my problem. What else can I ask for. All of my financial problem have been solved by Bitcoin.

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April 06, 2018, 11:13:01 AM
 #25

Many problems are solved with bitcoin, economic problems, such as reducing unemployment, improving one's finances, and I think indirectly help the state economy for its citizens who follow bitcoin.

How Bitcoin reduces unemployment, I would like to here that? When bitcoin shut down all the banks and financial institutions where will people work? If you are not computer geek, programmer it will be hard for you to find a job in the future.
Bitcoin will not save jobs, bitcoin will not end work poverty, bitcoin is a tool that can help global economy because world needs decentralization! Circles of powerful people are small, few people run whole the world, with blockchain and bitcoin we will be able to know what is someone doing and how, everything on a table is a recipe for a better future. Decentralization can give a power to a little people accros the world, why would I go to bank and let them fuck with my brain, earn from me when I can use bitcoin and help people around the world who mine bitcoins, why to not give a power to a little man? That is bitcoin doing and that is the advantage bitcoin have over fiat system.

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April 06, 2018, 12:42:21 PM
 #26

There's a lot of problems can solved by bitcoin. Mostly those people had their financial problems.
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April 17, 2018, 08:40:52 PM
 #27

For me I  think the biggest aspect that bitcoin has helped the most is actually helping to put the power in the hands of the users when it comes to their money and their assets. It gives you more control and you do now have to worry about banks or other third party financial institutions when it comes to your transaction and how you carry them out.
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April 17, 2018, 09:04:40 PM
 #28

I got this image from an article titled whose problem does Bitcoin solve published in 2015, a bit old. Technology/Internet money/Blockchain/Internet of Things. Bitcoin futures was sort of a mainstream moment and the Wall Street is already looking for their cut. Financial refugees/corruption/remittances/unbanked. Cryptoanarchists/privacy/freedom of speech/political freedom/economic freedom/no regulation. Libertarians/no central banks/no monopoly money/stateless. Middle class/debt/debtors/institutionalized to fiat system.

Internet money/ecommerce/micropayments/and like the owner of Square tweeted yesterday Bitcoin can become the single global currency of the internet. Wall Street/Institutional money/mainstream financial asset/manipulation can't be ruled out. Cryptoanarchism, not necessarily dark web related/illegal, more about stateless society/counter-economy which is self-regulated with absolute freedom. Distrust in central banking/no debt based money/no flawed monetary policies/financial crisis/free banking. Middle class/people invested into Bitcoin to make rich off it/few people paying off their debt with Bitcoin/few people taking loans to buy Bitcoin.

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.



I'm one of people does bitcoin solve. My life is solve by bitcoin. I'm really thankful for bitcoin come to my life. Now l have my companion for my family.
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April 17, 2018, 09:34:26 PM
 #29

The biggest problem that bitcoin solves is that allow to us to be the owners of for money once again, right now the owners of the money are banks and governments, governments can print as much currency as they want at no cost to themselves and banks give loans, print even more currency and scam people out of their savings, bitcoin solves all of those problems and that is not a small thing.

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April 17, 2018, 09:39:50 PM
 #30

I got this image from an article titled whose problem does Bitcoin solve published in 2015, a bit old. Technology/Internet money/Blockchain/Internet of Things. Bitcoin futures was sort of a mainstream moment and the Wall Street is already looking for their cut. Financial refugees/corruption/remittances/unbanked. Cryptoanarchists/privacy/freedom of speech/political freedom/economic freedom/no regulation. Libertarians/no central banks/no monopoly money/stateless. Middle class/debt/debtors/institutionalized to fiat system.

Internet money/ecommerce/micropayments/and like the owner of Square tweeted yesterday Bitcoin can become the single global currency of the internet. Wall Street/Institutional money/mainstream financial asset/manipulation can't be ruled out. Cryptoanarchism, not necessarily dark web related/illegal, more about stateless society/counter-economy which is self-regulated with absolute freedom. Distrust in central banking/no debt based money/no flawed monetary policies/financial crisis/free banking. Middle class/people invested into Bitcoin to make rich off it/few people paying off their debt with Bitcoin/few people taking loans to buy Bitcoin.

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.



Me bitcoin solve my problems especially in finances. Bitcoin really change my life. Bitcoin gives our financial needs. And the best thing is l have a chance to be rich in bitcoin.
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April 17, 2018, 10:17:11 PM
 #31

There is honestly no finite range of people that bitcoin benefits. In one way or another, bitcoin will benefit anyone that chooses to use it. Since currencies are used by everyone, and bitcoin is essentially a better version of our existing fiat currency system, I think it's clear that everyone, globally can solve people's problems.

If you're just an average Joe, by using bitcoin you are eliminating the long term fiat depreciation that eats away your savings. Bitcoin's supply is limited and its demand is just going to go up. If you're a business, bitcoin can facilitate global transactions way more efficiently and cheaper than the fiat banking system.

The opportunities are endless and people just need to learn about and adopt BTC for them the potential to be realized. But that takes time.

Smiley
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April 17, 2018, 10:33:54 PM
 #32

All bitcoin users. It give assistance in our financial problem specially to those early investors.

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April 17, 2018, 10:58:54 PM
 #33

It helps me also in my financial problem, specifically in my daily expenses. Bitcoin makes my life so comfortable not only in my financial but it also helps me by sending and receiving money from my loved ones all around the world with less transportation just using my bitcoin wallet that's why i have so much thanks to bitcoin that it came in my life.

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April 17, 2018, 11:26:28 PM
 #34

I'm more on the Southern Poor part and I haven't really personally used the remittance feature myself. I do know some people here in the city that are sending the money they are earning from trades and ICOs to family in the countryside so I believe there's still much to get out of it.

The Northern Poor's problem seem a bit complicated though since they are not struggling for mere survival, every bit of additional money they'd get would help. Economic power do translate to political power.
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April 17, 2018, 11:26:43 PM
 #35

I am here as an example to narrate you how bitcoin helped me solve my problems as you say. I  have cleared 30 percent of my debt with my earnings. I have friends who have left their main jobs dedicating their full time into cypto contributing their skills earning more bitcoin to solve their issues and change their  life styles. Many have bitcoin as an asset. What else.

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April 17, 2018, 11:35:39 PM
 #36

Interesting article.  Above all the problems that bitcoin tends to solve, my favorite part is helping to protect my privacy.  I among the type of people who usually feel so skeptical about  putting my credit card information on any sites just to make purchases. Though, bitcoin is yet to be accepted on most of my favorite site like Amazon, I can still spend a few of my coins to purchase something I want when I am not holding.
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April 17, 2018, 11:48:46 PM
 #37

They solve my problem. What else can I ask for. All of my financial problem have been solved by Bitcoin.

Personally yes, bitcoin changed a lot in my life, from being in debt to debt free. I know bitcoin can still do more, especially when our government realize how great bitcoin is. The future is here in cryptomarket and I know a lot of problems will be resolve because of this innovation.

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April 17, 2018, 11:58:32 PM
 #38

Not only me and you, but the country is indirectly. Bitcoin can solve state problems though not all. Because the Poverty Reduction Program which they aspire to has at least been helped. However they turn away from reality and they allege that bitcoin can damage the state's finances. In fact the existence and ability of bitcoin too they doesn't admit.
To me, they're really stupid and cavalier.
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April 18, 2018, 12:01:28 AM
 #39

Bitcoin solves the problem of poverty in some countries by giving them a big opportunity in gaining a lot of money whenever they get bitcoin. Bitcoin is a solution to world's poverty scene because it is an easy and convenient way to earn a lot of money without having a college degree, common sense and patience is what you just need here to survive.

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April 18, 2018, 12:03:57 AM
 #40

I got this image from an article titled whose problem does Bitcoin solve published in 2015, a bit old. Technology/Internet money/Blockchain/Internet of Things. Bitcoin futures was sort of a mainstream moment and the Wall Street is already looking for their cut. Financial refugees/corruption/remittances/unbanked. Cryptoanarchists/privacy/freedom of speech/political freedom/economic freedom/no regulation. Libertarians/no central banks/no monopoly money/stateless. Middle class/debt/debtors/institutionalized to fiat system.

Internet money/ecommerce/micropayments/and like the owner of Square tweeted yesterday Bitcoin can become the single global currency of the internet. Wall Street/Institutional money/mainstream financial asset/manipulation can't be ruled out. Cryptoanarchism, not necessarily dark web related/illegal, more about stateless society/counter-economy which is self-regulated with absolute freedom. Distrust in central banking/no debt based money/no flawed monetary policies/financial crisis/free banking. Middle class/people invested into Bitcoin to make rich off it/few people paying off their debt with Bitcoin/few people taking loans to buy Bitcoin.

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.

http://i64.tinypic.com/ehaxic.png

Bitcoin is good detecting problems and provide immediate actions. Financial, bitcoin help a lot and find other ways to make it better.  Now,  bitcoin is really more accommodating especially on giving us self help options for paying bills or do money transfer.  It's really reliable source of money.
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