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Author Topic: Can Bitcoin solve the worlds problem?  (Read 1243 times)
aoihs00
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April 10, 2018, 04:20:58 PM
 #21

Oh surely that information is true but very well known to everyone here so it wasn't needed really. Well coming to the real question, I dont really think that it can solve the worlds problem. It is really limited to personal use for now and upto the level of local trades for now. It can be used world wide, yes off course but not now as there is lot of limit on the business that are accepting it. It is not as widely known as it should have been because of many countries not accepting it as legal tender in first place. There are many issues which can not answer your question properly at the moment. But for now it can not solve words problem! It will someday in the future if global legal tender is approved.



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April 10, 2018, 04:21:26 PM
 #22

There are so many different problems in this world. And bitcoin cannot solve it on its own. All nations should help each other in solving the problem.



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April 10, 2018, 05:08:14 PM
 #23

Bitcoin and its other mechanisms are mind blowing . The decentralized system and peer to peer system are really praiseworthy. you are absolutely right, satoshi nakamoto has completely stuned us. you are talking about the world's problem ??Tongue I think Bitcoin has already solved many problems including unemployment problem. I think there will still some problems left which cannot be solved even by Mr Donald Trump. so how can Bitcoin solve them? but Bitcoin is solving many of the problems and it is a good side of Bitcoin.

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April 10, 2018, 05:21:04 PM
 #24

Bitcoin and its other mechanisms are mind blowing . The decentralized system and peer to peer system are really praiseworthy. you are absolutely right, satoshi nakamoto has completely stuned us. you are talking about the world's problem ??Tongue I think Bitcoin has already solved many problems including unemployment problem. I think there will still some problems left which cannot be solved even by Mr Donald Trump. so how can Bitcoin solve them? but Bitcoin is solving many of the problems and it is a good side of Bitcoin.

Good point! If ever if bitcoin will be approved in every country or more people will be engaged in doing bitcoin then their problems about their profits will be solved. Added profit for middle class people and a much better financial freedom will be it's benefits. Less effort in gaining money, just need to be patient enough to gain more. But still look for a stable job to add profit for your needs.


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April 10, 2018, 05:35:11 PM
 #25

Yes! Bitcoin is a tool to solve economic problem all over the world, and I really agree that bitcoin would be a reason that our economic problem would dissapear.
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April 10, 2018, 05:54:51 PM
 #26

There are so many different problems in this world. And bitcoin cannot solve it on its own. All nations should help each other in solving the problem.
Unfortunately, the world is so arranged that each state has its own interests. There are many such States who prey upon the poverty of other countries. They will never support the idea of equality. It is not profitable. They will not survive in a competitive environment. For this reason, bitcoin has many opponents.

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April 10, 2018, 05:59:58 PM
 #27

I think not, it's not massive enough to aid the problems of the world.
It's quite a broad and wide topic to tackle, Bitcoins can help people,
it offers the chance and opportunity to make, earn and invest to
counter financial difficulties or simply procure profits. I think bitcoins
can help but not on a global scale as of the moment.
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April 10, 2018, 06:09:28 PM
 #28

Yes, Bitcoin can solve the world problem but not every thing because Bitcoin was created to fix the problem caused by the government in terms global and financial crisis.


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April 10, 2018, 06:31:17 PM
 #29

bitcoin is a brilliant idea for the world of transaction systems, with the presence of bitcoin technology is very important role for the slow payment system, this makes bitcoin as tutor to fix it. with bitcoin the problem of slow transactions and security being resolved because bitcoin has the advantage that even today there is no technology that rivals bitcoin. excellent speed system for transactions, as well as transparency of financial security into 1 recorded books. bitcoin solve the problem without any problems.

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April 10, 2018, 06:38:59 PM
 #30

What's the main reasons that make Bitcoin either rising our downsizing?
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April 10, 2018, 06:39:44 PM
 #31

All depends on what you mean by world problem but any case Bitcoin was not created to solve "world problem" because Bitcoin has its own challenges like those that may likely use it in a dubious way such as money laundry and other forms of criminality etc.

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April 10, 2018, 06:40:09 PM
 #32

Yes, I think bitcoins are a problem solver or a life saver in many ways there are people who does not have accessibility to any banking system, bitcoins gives a sense of financial freedom to all its users, every one will be able to enjoy the benefits of sending and receiving bitcoins all through out the world, Bitcoins system has been a life saver to people who were unemployed and were struggling to meet their ends bitcoins provide a source of income for people who are working for bitcoins in exchange of products and services offered through various online sites. Bitcoins have the ability to avoid or eliminate corruption from the world when all the financial systems start to implement this bitcoin and block chain technology.

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April 10, 2018, 07:17:21 PM
 #33

what do you mean by "solving world problems".
your question is less specific, all I can say here is, yes, bitcoin has solved some problems especially unemployment, bitcoin has provided jobs. and a promising investment.

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April 10, 2018, 07:21:41 PM
 #34

bitcoin is really helpfull for bitcoin users to improve their lives especially in financial in the world but bitcoin is not enough to solved problem in the world because the world have many problem and it is the duty of every country to help solve the problems in the world. bitcoin just a crypto currency that can help us to be made transaction easily not to solved the problem in the world.

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April 10, 2018, 07:28:47 PM
 #35

Well, to some extent but not all the problem in the world as bitcoin was not originally created to solve whatever issue you may mean as world problem.

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April 10, 2018, 07:32:31 PM
 #36

Bitcoin can bring more problems than solve. This is stealing money from bitcoin wallets, illegal purchases with it.
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April 10, 2018, 08:16:31 PM
 #37

I'm not sure that this can be called a world problem, but bitcoin is able to return gold the status of world money. Bitcoin was originally created as digital gold. Therefore, if a part of the fund is stored in bitcoins, then it should be a gold fund - this is the main idea. Bitcoin prepares the ground for the return of gold to the status of world money.
Bitcoin, if legalized by all the countries of the world might reach a position where it might solve major problems. The international currency will be Bitcoin and the surplus and deficit in the balance of payments and exchange rates would be determined on the basis of value of Bitcoin. Not only this but unlimited other advantages will help solve issues. The cost of printing the paper money and the amount spent on the capital for printing the paper money will become zero.

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zhea
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April 10, 2018, 08:44:17 PM
 #38

I'm not sure that this can be called a world problem, but bitcoin is able to return gold the status of world money. Bitcoin was originally created as digital gold. Therefore, if a part of the fund is stored in bitcoins, then it should be a gold fund - this is the main idea. Bitcoin prepares the ground for the return of gold to the status of world money.
Bitcoin, if legalized by all the countries of the world might reach a position where it might solve major problems. The international currency will be Bitcoin and the surplus and deficit in the balance of payments and exchange rates would be determined on the basis of value of Bitcoin. Not only this but unlimited other advantages will help solve issues. The cost of printing the paper money and the amount spent on the capital for printing the paper money will become zero.
A major problem just like what? if your thought is an economic problem in the country well, it takes a long time before that happens because bitcoin is not yet legalized in all countries. Maybe it can help an individual of us to fulfil our daily needs and lessen those jobless people in that way maybe bitcoin can help in worlds problem but not the major problem.
Pemburu1
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April 10, 2018, 08:57:32 PM
 #39

there are too many problems in the world. bitcoin can not break it all by itself. but in the presence of bitcoin, bitcoin helps the world get better, especially in finance. with the presence of bitcoin helping people to earn extra income and improve their economic conditions.

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Tenderino
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April 10, 2018, 09:02:51 PM
 #40

It can to a certain degree help to solve the problems of normal users, but not solve the world's problems as it has no enforcement power. For some people who became millionaire because of this system it already solved their problem. But we also have to notice that other people lost the money or value the millionaires received. In general, to solve the world's problems require a balanced system where the people more or less have the same.
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