Can Bitcoin solve the worlds problem?

[torch2121]

I think that is hard if its worlds problem that it will solve. For me what I'm seeing is, Bitcoin is giving us opportunity. Opportunity for jobless people who seek job and having the job in the comfort on our home. Having the opportunity to have our own bank, I mean is people who does not have the capability to apply in bank to have their own bank account. Then low fees, I'm referring is for overseas Filipino workers to use Bitcoin for sending money. Having a reliable, fast, and secure transaction. Payment option for our bills.

Maybe I should say is few problems of the world.

[1714863865]

1714863865

[1714863865]

1714863865

[1714863865]

1714863865

[Xising]

Hello everyone!


Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.

This invention of Satoshi Nakamoto incredibly stunning us, Bitcoin known as a revolutionary invention.

Can Bitcoin solve the worlds problem?

Well, if you're are talking about the world problems in the business and financial sector foremost, then I say that it can be a tool to solve them. And if it would really help in enriching countries and economies of different nations, then all other problems that can be answered with an increased finances would follow suit, and most of the time, lack of money is always one of those major problems that countries have that hinders their continued rise. So, indirectly speaking, Bitcoin has all the capacity to be able to help solve world problems.

[Predator25]

Hello everyone!


Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.

This invention of Satoshi Nakamoto incredibly stunning us, Bitcoin known as a revolutionary invention.

Can Bitcoin solve the worlds problem?

It will not literally solve the worlds problem, maybe bitcoin can reduce the number of it. Poverty and unemployment is one of the worlds problem that cannot be solve immendiately because of not enough budget for them. And I think if bitcoin is legalized and accepted in our country then those problem will be reduces.

[bobbykulot]

Hello everyone!


Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.

This invention of Satoshi Nakamoto incredibly stunning us, Bitcoin known as a revolutionary invention.

Can Bitcoin solve the worlds problem?

Yes , we earn a big amount of money here But it is not a solution to the world problem maybe it will help to the people who is unemployed  and really need a work or who is really need a sideline. I do not know if our problem will be resolve such as poverty,traffic and etc.

[_noname_]

All things considered, in case you're are discussing the world issues in the business and money related segment chief, at that point I say that it can be an instrument to comprehend them. Furthermore, on the off chance that it would truly help in enhancing nations and economies of various countries, at that point every single other issue that can be replied with an expanded accounts would stick to this same pattern, and more often than not, absence of cash is constantly one of those real issues that nations have that blocks their proceeded with rise. In this way, in a roundabout way speaking, Bitcoin has all the ability to have the capacity to help tackle world issues.

[charlemagne_15]

Hello everyone!


Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.

This invention of Satoshi Nakamoto incredibly stunning us, Bitcoin known as a revolutionary invention.

Can Bitcoin solve the worlds problem?

Bitcoin is indeed a revolutionary invention. We get a chance to earn in here and make our money even bigger but I don't think bitcoin can be a solution to the world's problems. Bitcoin is just a mere digital currency. It is an invention which help you have an extra income, invest to something, use a tool to pay, and so on. It is not created by a government to help solve the world's problems. Bitcoin is intangible. It cannot be touch, eaten, and feel. It is slightly true that it can somehow lessen the unemployed but it cannot give everything the world needs.

[Sarisang]

to tell the truth in a system can be. but there are still many countries in the world that are widely assumed negative against bitcoin thus making difficult bitcoin accepted and included in the scope of the world.

[BountyX]

Come on, how can you put it in such a simplicistic way? Bitcoin cannot solve no world's problem, it's currently just used by people for reasons of speculatiuon and get-rich-fast method. However, its distributed ledger concept is powerful and that won't go away since it can effectively solve a lot of problems.

[00DKM@]

I see the bitcoin has changed our world. In part, bitcoin has shown the effectiveness and utility of blockchain and bitcoin technology. It really has strong implications for the development of businesses, manufacturing companies and service industries. meet the needs of users. If viewed and evaluated fairly. Bitcoin deserves to be exploited for a leading tool to help the world's economic and social development.

[endut15]

Hello everyone!


Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.

This invention of Satoshi Nakamoto incredibly stunning us, Bitcoin known as a revolutionary invention.

Can Bitcoin solve the worlds problem?

btc to my knowledge will not solve the problem, because the problem in the world is more than the problem is in btc, the problem in the world is diverse and difficult to predict when the problem will disappear, so we need to solve it simultaneously

[Nikolya]

To solve world problems, you need something more than bitcoin, even despite its uniqueness and manufacturability.

[rizkyhiw]

What is the question of the world in question? I assume and many see that bitcoin can overcome the poverty level of each country from a few years ago there have been many people have succeeded in the crypto world especially for bitcoin, with an abundance of bitcoin prices by 2017 it shows how great people are to invest in bitcoin seriousness they themselves can not be separated by bitcoin abuse as a rampant crime nowadays, it can not be called a world problem solver, which adds to the problem and so many modes that people do if it can be harmful. Not strong enough to solve the world's problems, in fact the problem itself is self-made there will be no settlement until the future as well.

[Sled]

Bitcoin cannot solve the worlds problem just like the poverty which is one of the biggest problem of the world and bitcoin cannot solve that since bitcoin is just for payment system and a way of investment and not a solution for the poverty because there is no way that bitcoin can help the world to solve it because it is not that capable of like giving money to the people under the poverty line.

[Paka1]

you only made your question unreasonable wrong by first copying two paragraphs from https://en.wikipedia.org/wiki/Bitcoin and pasting them here!

your question is only the last line and it is vague at best. the world has a lot of problems, what do you have in mind that you want bitcoin solving?
bitcoin may or may not be able to solve it. for example is it the charge back scam that the merchants suffer worldwide? then yes bitcoin is solving that!
is it world hunger? then no bitcoin is not solving that!

I do agree,  bitcoin is not the answer to our world's problems. World is too big so as the problems itself. We do have different issues in life, it maybe physically, emotionally and financially.  Bitcoin may somehow resolve our financial crisis buy when it comes to everyone's emotional problems its impossible.  Problems or issues are too broad, bitcoin alone does not have the power to resolve it all at once.

[soenaderecho10]

Bitcoin cannot solve the worlds problem just like the poverty which is one of the biggest problem of the world and bitcoin cannot solve that since bitcoin is just for payment system and a way of investment and not a solution for the poverty because there is no way that bitcoin can help the world to solve it because it is not that capable of like giving money to the people under the poverty line.

I think bitcoin canot solve the problem of worlds because bitcoin is kind of currency that invest people for the future and end the poverty of people and bitcoin is not a popular in the world so that its very impossible bitcoin help the world but bitcoin help in every people and have a chance to become rich.

[snekinmyleg]

My opinion is not possible. Bitcoin can not solve the world's problems. Everyone knows the world has many problems, financial problems, food and many other problems. I do not think bitcoin will solve all these problems

[panjul07]

There are too many problems in this world, so which problems you are talking about? Are you referring to financial/economical problems? No, bitcoin wont be able to solve any problems in this world. Bitcoin is just an object, the only one who can solve the problem is 'us' 'the people'. Bitcoin will never be able to solve your problem as well, because you are the one who solve your problem (maybe by using bitcoin). 

[cryptojac17]

Bitcoin cannot solve the worlds problem just like the poverty which is one of the biggest problem of the world and bitcoin cannot solve that since bitcoin is just for payment system and a way of investment and not a solution for the poverty because there is no way that bitcoin can help the world to solve it because it is not that capable of like giving money to the people under the poverty line.

Bitcoin cannot totally solve the world problem but  least it can contribute to solve corruption because people who act as a middle man or third party will be more profitable than the people who are working  hard that is why bitcoin is design P2P to avoid third party thief  like bank and greedy business individual.

[vv181]

Please define the world problems first.

Personally, If we talk the economic problems in the worlds. I think Bitcoin is a tool for us to achieve a freedom in the economic system. They offer us the decentralized way of economics instead of the centralized one that ruled and used by the governments and the bankers. although many bankers now already will look upon and maximize the blockchain technologies. The original one which is BItcoin will always be the solution.

[nelsledma]

bitcoin may become the new equivalent of savings such as gold , but it would need to be recognized by world banks at the legislative level

There is no way that we can doubt the capabilities of the bitcoin and rest of the crypto currencies but the fact is you need to make the best possible use of the opportunity which is available to you and that you need to keep on putting your best so that you may then be able to make some good earnings. If you will not take benefit of this advantage, then bitcoin cannot help you in any way in making you economically stronger.