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Author Topic: Can Bitcoin solve the worlds problem?  (Read 1758 times)
BitcoinLoan
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April 12, 2018, 06:16:01 AM
 #101

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.
Many in the bitcoin and wider payments industry believe there is opportunity for the technology to empower financial independence with new products that tackle problems in ways the industry hasn't yet conceived.
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April 12, 2018, 07:14:32 AM
 #102

On the off chance that we talk the financial issues on the planets. I think Bitcoin is a device for us to accomplish an opportunity in the financial framework. They offer us the decentralized method for financial aspects rather than the unified one that ruled and utilized by the legislatures and the investors. albeit numerous investors now as of now will view and amplify the blockchain advancements. The first one which is bitcoin will dependably be the arrangement.
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April 12, 2018, 09:25:53 AM
 #103

I don't think so.Because whole world still don't accept Btc.If Btc is valid in the world then it can work properly.However according to me, Btc is only affecting economically.It'll also be able to eliminate unemployment if everyone works here.In other case it's solved such as online bill payments, transactions, investment etc.Even it'll solve many more problems,but before that it has to work as well as to legalize it.

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April 12, 2018, 09:40:23 AM
 #104

I don't think so.Because whole world still don't accept Btc.If Btc is valid in the world then it can work properly.However according to me, Btc is only affecting economically.It'll also be able to eliminate unemployment if everyone works here.In other case it's solved such as online bill payments, transactions, investment etc.Even it'll solve many more problems,but before that it has to work as well as to legalize it.
Yes I agree on that there are some country that is not accepting bitcoin. And I believe that even if bitcoin is being accepted by the world maybe it cannot still solve world's problem, because people around the world has their own way of understanding and sight about the bitcoin, I think bitcoin cannot solve the world's problem at all.
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April 12, 2018, 03:28:37 PM
 #105

No it can't, the technology behind bitcoin is great and can change a lot of things but it's not powerful enough to solve the world problems. It can make a lot of things easier and more transparent but it can solve complex things like poverty and etc. Bitcoin and blockchain give people opportunity to make their life better but it's up to the person to take it or not.
Yeah, I guess we really need to focus more on the idea of blockchain technology but we also have to realize that most countries will still end up using the blockchain technology one way to their favor as they will never support the idea of decentralization.

However, a lot of things are going to change as regards to this compared to the normal system of fiat as this may end up bringing some level of transparency if the government decides to adopt it. Bitcoin in itself being decentralized has already solved so many problems but that is dependent on large scale usage when comparing to global problem.
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April 12, 2018, 07:03:43 PM
 #106

what problem do you mean? the world has many problems ranging from economic problems, global warming to war between countries. i think bitcoin can not solve the world economic problem or even economic problem in one country that big thing. according to me currently bitcoin only able provide solutions for any individuals or companies that participate and have bitcoins as they earn extra income from bitcoin.bitcoin solve their economic problems and provide financial freedom.
Agreed as we really need to be very specific on the problems here. Sure, the ushering in of blockchain technology and bitcoin being the main legacy currency has really helped to solve some problems so far at least for the users but we cannot really say how it will eventually solve on a global scale except it becomes highly used.
However, looking at the way we make transactions and how we have been a bit removed from the shackles of our government in making international transactions, a lot of things have changed.
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April 12, 2018, 08:04:28 PM
 #107

What did you mean by "worlds problem"? NO, Bitcoin is not going to solve all the problems we are facing. Bitcoin will help to solve the global economic issues. For example, borderless payment, swift transaction, exchange costs, and many more. It will take a long time to take place(BTC market) in all over the world.
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April 12, 2018, 08:08:25 PM
 #108

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?


The answer is very simple and that is no, the problems of the world are not caused by tools, the problems of the world are caused by all of the humans and bitcoin is only going to be another tool that will allow to us to create new solutions what new problems as well, some people need to get used to the idea that if you really want to change the way the world works you have to change yourself first and only then you should try to solve someone else problems.

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April 12, 2018, 08:58:06 PM
 #109

In reality Satoshi Nakamoto's ideals were not so great as to seek a solution to the planetary problems. He only focused on the economic aspect of the present and in that direction efforts have been focused on implementing bitcoin as an alternative to today's centralized financial system.

Many have speculated about the possibilities of bitcoin to fight poverty, hunger or unemployment, but I believe that these areas are only different angles of the same problem: the unjust distribution of wealth at present and perhaps the answer is not entirely in bitcoin, but in the minds of human beings. Bitcoin is nothing more than a vehicle, an instrument for the achievement of those ideals.
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April 13, 2018, 08:15:01 AM
 #110

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?
As far as I am concerned, the fact that our own government has always enslaved us is a bigger problem and for the fact that this is being solved by bitcoin where I do not have to go through a third party to be able to send money globally, I can do things and get paid easily in bitcoin and so much more, has solved a very huge problem we have always been facing. This is more like a revolution of money and every revolution solves some major problem we have always faced in our societies and community at large.

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April 13, 2018, 08:30:27 AM
 #111

Money can solve every problem, we know what is the importance of the money. Bitcoin also can be our own money, it is like a virtual money for all of us. We know powerful our money, we can seek other ways to solve any problem through our own pocket. This how bitcoin can also solve the worlds problem, and how bitcoin can be a weapon, and how powerful bitcoin is.
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April 13, 2018, 08:46:50 AM
 #112

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.
Bitcoin can help to improve economic system of the world if we take this opportunity from bitcoin because it has more benefits and advantages more than its disadvantages. How bitcoin change the way of life of the person who take it will like the world who accepts it which can make change for the whole.

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April 13, 2018, 08:56:05 AM
 #113

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.
Winning occurs when we grasp opportunities, but compared to other ways of saving, Bitcoin has a lot of risks that we have to fear. You can see that Bitcoin and the Crypto market are easy to evaporate and your investments can turn into zero at any time. Other than that, gold is universally accepted, and its stability is extremely high.

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April 13, 2018, 09:00:09 AM
 #114

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.
Winning occurs when we grasp opportunities, but compared to other ways of saving, Bitcoin has a lot of risks that we have to fear. You can see that Bitcoin and the Crypto market are easy to evaporate and your investments can turn into zero at any time. Other than that, gold is universally accepted, and its stability is extremely high.
That's the point, bitcoin solve the worlds problem? yes if it's used to send money instantly across the globe without limitation or restriction, but for the means of helping the economy problem in the world?, that's another thing.
Bitcoin is a currency not a job, you can earn something by doing job and get paid in bitcoin but that doesn't mean it can help the worlds problem. It's ain't charity organization.

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April 13, 2018, 09:11:33 AM
 #115

For me I think that bitcoin can solve world issues like prices in world market to have a global currency and to unite all countries and nations and it can be used in international affairs with other nations with their transactions.
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April 13, 2018, 10:50:32 AM
 #116

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?



just be sure bitcoin will be the solution of digital transactions that will be in the future, because I think digital currencies like bitcoin and other cryptocurrency is very safe and profitable. I think digital currency is the currency of the future.
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April 13, 2018, 11:52:25 AM
 #117

It can be , especially who are unemployed ,because they give an opportunity to earned and save money for their family's future..
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April 13, 2018, 01:36:29 PM
 #118

I don't believe that bitcoin solve the world problems because most of the world problems are not solved by money. I think probably bitcoin can solve some financial side,especially who are unemployed.
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April 13, 2018, 01:41:38 PM
 #119

As for me, I am persuaded, that none of nothing cant do nothing! Only, when people want, they can use any of anything and make a problems solved! Willing results in happening.
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April 13, 2018, 01:49:46 PM
 #120

World problems are created by people. Why bitcoin needs to correct their mistakes? We create problems ourselves and we have to solve them ourselves. Bitcoin is only a standard of the amount of work. The quality and purpose of these activities depend entirely on us. I still see a lot of posts that support legalization. For me, all these people are bitcoin traitors.

 
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