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Author Topic: Can Bitcoin solve the worlds problem?  (Read 1827 times)
xSkylarx
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April 25, 2018, 06:55:54 PM
 #301

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?




I think bitcoin is just a currency that we all know is profitable but I guess it doesn't have the capability to change every aspect of the world problem.
The people behind bitcoin are more capable of providing solution to the problem the the world is facing right now though we can't deny the fact that bitcoin is helping the world economy now.
by24
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April 25, 2018, 07:38:35 PM
 #302

Maybe he can't fix all the problems, but he can fix some of them. The worlds problems are bigger than bitcoins. We can guarantee that bitcoin can help to sustain some financial matters and transactions that are digital.
Averim
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April 25, 2018, 07:42:32 PM
 #303

Bitcoin can't change the world's problems because it is a coin, those problems should be solved by people thru the help of bitcoin. It is a question of people...
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April 25, 2018, 08:13:57 PM
 #304

Bitcoin can solve some specific problems people are facing now especially in the financial area , but for entire world problem bitcoin can not solve it directly, I believe bitcoin is a great help in solving financial problem to people, but to peace and order ,disputes ,drugs bitcoin cannot solve this world problem, bitcoin is only limit to finances.

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Mariksa
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April 25, 2018, 08:32:14 PM
 #305

Bitcoin can definitely solve some problems but not all. For example, it can help many people to earn money. But to achieve this, people need to know what bitcoin is and how it works ( and a lot of people don't even assume the existence of bitcoin). Also, people have a wonderful opportunity to earn money working at home.
laracastvue
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April 25, 2018, 08:36:54 PM
 #306

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 it can save the problem depending on the government who's going to handle the cryptocurrency system in their country so it will be only a better place if their leaders will not be corrupted at the first place.
phpartisanmaster
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April 25, 2018, 08:42:38 PM
 #307

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?



Governments today are so corrupted that they did not want their own community to get wealthy and because of that, there are a lot of people who are preferring to invest on cryptocurrency more than banks.
Trimzi
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April 25, 2018, 08:49:29 PM
 #308

Bitcoin can't change the world's problems because it is a coin, those problems should be solved by people thru the help of bitcoin. It is a question of people...

Not exactly. It's blockchain. We can use blockchain as a coin like you said and many more things. New coins that pop out every day actually show us how blockchain can be used in a different way. Many new applications are coming out, some of the original some of them not.

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April 25, 2018, 09:05:43 PM
 #309

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 I believe that bitcoin can  solve world problem because bitcoin can give us what we need. Bitcoin produce and provide all we need in life. Bitcoin volatility will make people take off their problems.
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April 25, 2018, 10:54:53 PM
 #310

Surely bitcoin can solve some class of problems in financial and economic world but not all of them. The bitcoin (and other coins) idea have a very perpective future like a plastic payment cards and so on.
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April 25, 2018, 11:09:18 PM
 #311

Bitcoin and its blockchain technology are revolutionary without any doubt. But I am not sure if it is going to solve the world's problems. But if you mean the financial problems, the yes Bitcoin's helping so many people around the world to earn their living or to make some additional income online, and it is also helping to reduce the unemployment worldwide.

I agree with that, and I think we should not lean everything to this forum, you,  yourself must be the one who will decide to change and if everyone in this world wants to change there would be a big possibility for that to happened, this forum is mainly for having an earnings and it doesnt intend to interfere the things that is people are responsible.
Altero
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April 25, 2018, 11:41:43 PM
 #312

Bitcoin already solves some of the world's problems related to finances. Banks are actively developing blockchain solutions, payment systems are becoming progressive every day. Of course, BTC will not be able to become a single solution to all problems. But thanks to its appearance, the world began to change
Truly bitcoin won't be a solution for all our problems and it won't be our last option to take. Bitcoin creation is helping for us to listen our time in doing transactions online not only just to earned money from it.
Yes, we saw more lives have change and improved their financial status because of having these. In fact some millionaires  getting involve in here cause they know it is a high gaining investment compared to local businesses.
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April 26, 2018, 12:23:35 AM
 #313

I think for payment system is, it already was and for being alternative banks it was already,for me bitcoin has so many purposes in our world and it doing well.

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April 26, 2018, 12:36:20 AM
Last edit: April 26, 2018, 02:00:36 AM by Elai101
 #314

Bitcoin can definitely solve some problems but not all. For example, it can help many people to earn money. But to achieve this, people need to know what bitcoin is and how it works ( and a lot of people don't even assume the existence of bitcoin). Also, people have a wonderful opportunity to earn money working at home.
Yes, I do agree with you.Bitcoin can solve some problems in the world.Like for example, poverty and unemployment, by the help of bitcoin it can decrease the quantity of unemployed people to gain income for their financial needs that they can find in a corporate company and by that poverty will lesser.
weblaraveluser
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April 26, 2018, 12:58:43 AM
 #315

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 it can save the worlds problem because a country can use bitcoins to improve their own economy just like what japan is doing today in their own country since they want their people to become very rich and the community to become wealthy.
Rufsilf
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April 26, 2018, 01:15:40 AM
 #316

Bitcoin has the ability to solve the world's problem, but it is still a problem on how the underdeveloped countries will be given a chance to access the thing that could bring wealth to most of the people in the world. People that have an ease of access with bitcoin can benefit from this kind of currency, however, people that has little to no access on it will still suffer as such they won't really feel the change that bitcoin may bring unless they will be given an access on it.
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April 26, 2018, 01:17:56 AM
 #317

Not Bitcoin, blockchain will change the World, we can make true and pure transparent system with our hands at this moment, every old burocratic model can be rewriten, stay in touch.
Jerson
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April 26, 2018, 01:18:47 AM
 #318

probably not solve the problem of the world even  the head of the country because of the difference in situations of the people some of reason no gadgets, even the larger cryptocurrency can't reached out to poor people.
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April 26, 2018, 01:20:21 AM
 #319

if for the financial revolution yes bitcoin can solve the financial problems in this world, because during this time we are fooled by the existing banking system, bitcoin does not need the bank while Fiat is very dependent on the bank and so bitcoin can not be controlled by the bank so that everyone can be protected if inflation occurs while holding bitcoin, while holding their fiat will not be protected because of inflation.

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April 26, 2018, 03:46:52 AM
 #320

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?



I guess not all problem can be resolve by bitcoin, but it can be a lot of help in due time.. I believe and the profits it bring,  can help resolve diffirent financial sircumstances that we are facing this era rather than bank assistance..

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