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Author Topic: Is the existence of bitcoins a threat to jobs and national currencies?  (Read 3744 times)
Golftech
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August 07, 2018, 04:35:35 PM
 #181

To my mind, it's fiction! Bitcoin is not so popular among people to become threat for national currencies. Moreover it's amount is limited. None will give his BTC for free to those who never mine or trade. There are a lot of people, who never heard about crypto or don't interested in it at all. A huge a mount of other factors... All of them testify: national currencies and crypto are two different assets, they are used in different spheres!
Bitcoin can only be as investment type currency knowing the amount is limited then business tycoon can hold it and treat it as an assets where some will use it accordingly but most will only for investment form,so from that point there's no real deal between jobs and national currencies just purely business and another source of financial generating methods.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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August 07, 2018, 05:38:01 PM
 #182

That is not at all true. Crypto is not a threat to jobs in any way, crypto is already 8 years old now.
jayveerastrullo
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August 07, 2018, 05:44:16 PM
 #183

The existence of bitcoins is not a threat to  jobs and national  currencies but it is another opportunities to everyone. Bitcoin is another way to invest your money or gain money our of it. Bitcoin helps a lot of people in their own country so it is not a threat to all of us.

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August 07, 2018, 05:52:53 PM
 #184

I do not think it is going to have much of impact that way. People with jobs understand that there is no easy money.
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August 07, 2018, 07:06:41 PM
 #185

It is possible as earning money with crypto is quite easy. We will have to wait for some time to analyse full impact.
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August 08, 2018, 04:24:31 AM
 #186

Bitcoin might be making people lazy because it is easy money. But very few can make money with crypto with certainty.
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August 08, 2018, 04:28:16 AM
 #187

No , bitcoin is not a threat to jobs. Even I had not left my minial job for crypto. 
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August 08, 2018, 04:36:03 AM
 #188

Bitcoin may be  a threat to job in the sense that, bitcoin pays what so many job cannot offer.
If anyone gets bitcoin while he or she has no job, he/she may not worry about getting any again has you can derive your livelihood from it.
It should not also be a threat in the sense that many who has job still did not quit their job while working along with bitcoin at their convenient moment.
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August 08, 2018, 04:48:32 AM
 #189

We all know how powerful bitcoins are especially in financial terms. Having one makes you feel like a newly-crowned king ready for his throne and lux. Its value and essence is something that we cannot just ignore, resulting for some people relying on these 'God-given grace' instead of working hard and gaining the money that their own country uses. Some thought that it would be better off to have bitcoins and convert it into any kind of currency rather than to get a job and earn some thing. What do you think? Will bitcoin be able to eclipse the existence of national currencies in the near future?
 
who said that only newbies that just jump in cryptocurrency, get paid and think it is good thing to do beside do real job. just don't forget this business wouldn't always good. and look a job need some experience too. my suggestion keep do real job and use this business as side income

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August 08, 2018, 05:29:40 AM
 #190

I don't think that it is a threat for job sectors yes, it is right that now a large number of people find bitcoin as a great source of income on the other hand bitcoin  also offers a job but it is good for everyone not a threat.
bigblackdeck45
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August 08, 2018, 05:38:56 AM
 #191

Bitcoin becoming a threat to national is quite impossible and unreal. No matter bitcoin become popular and widely accepted it can't beat a national currency who has been there and being used for a long time. Bitcoin being a threat to job in the other hand is quite possible. I know a lot of people who left their regular paying jobs just to pursue their cryptocurrency career.
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August 08, 2018, 05:45:37 AM
 #192

I do not think that bitcoin is going to reduce number of jobs. Many people do not even understand it.
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August 08, 2018, 06:00:55 AM
 #193

I peesonally do not think Bitcoin is a threat to National currency of any country or Jobs. I feel that it has given option to everyone to make extra or more money than what they might be earning through their Jobs.

Some countries do have the thinking that Bitcoin can be threat to their economy or their currency, but they have no evidence to prove it other than the assumption and rumors surrounfing decentralizaion.

I thing that Blockchain is a threat to many Industries untill and unless they adapt to this emerging technology.

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Leo Barnes
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August 08, 2018, 06:07:51 AM
 #194

We all know how powerful bitcoins are especially in financial terms. Having one makes you feel like a newly-crowned king ready for his throne and lux. Its value and essence is something that we cannot just ignore, resulting for some people relying on these 'God-given grace' instead of working hard and gaining the money that their own country uses. Some thought that it would be better off to have bitcoins and convert it into any kind of currency rather than to get a job and earn some thing. What do you think? Will bitcoin be able to eclipse the existence of national currencies in the near future?
 
I don't think that bitcoin will be a threat to national currency at the moment because authority just can't replace right away national currency to bitcoin it will undergo tons of processing and regulation.
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August 08, 2018, 06:14:15 AM
 #195

We all know how powerful bitcoins are especially in financial terms. Having one makes you feel like a newly-crowned king ready for his throne and lux. Its value and essence is something that we cannot just ignore, resulting for some people relying on these 'God-given grace' instead of working hard and gaining the money that their own country uses. Some thought that it would be better off to have bitcoins and convert it into any kind of currency rather than to get a job and earn some thing. What do you think? Will bitcoin be able to eclipse the existence of national currencies in the near future?
 


You really don't know about technology, bitcoin and crypto.
so your assumption is absurd. try to read again and find the performance of the blockchain system or crypto trading. You really need a lot of insight so you can think differently than before.
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August 08, 2018, 06:21:04 AM
 #196

if in my opinion if you look at the state of the world market bitcoin. there is no effect at all on paper currency and banks, bro. precisely if I think that business in the real world and business in the digital world can be one of the ways the world community is getting better ..

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August 08, 2018, 09:24:22 AM
 #197

We all know how powerful bitcoins are especially in financial terms. Having one makes you feel like a newly-crowned king ready for his throne and lux. Its value and essence is something that we cannot just ignore, resulting for some people relying on these 'God-given grace' instead of working hard and gaining the money that their own country uses. Some thought that it would be better off to have bitcoins and convert it into any kind of currency rather than to get a job and earn some thing. What do you think? Will bitcoin be able to eclipse the existence of national currencies in the near future?
 
I don't think that this is a real threat to our jobs that we have but as for a national currencies it can be possible, because if most of the countries of the world turned up to use Bitcoin, local currency will lose importance.
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August 08, 2018, 12:59:25 PM
 #198

Bitcoin can definitely be a threat to job because so many employee are now quiting their jobs having discovered that they make far more money from cryptocurrency than the salary from their job. Some who don't have jobs don't bother to search anymore because they are already making money from cryptocurrency.
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August 08, 2018, 03:23:23 PM
 #199

I can say one thing! the world changes very quickly and it is necessary to grow under it! of course, now a new information revolution has come. This revolution will hit the jobs very hard, and it will completely change the entire world economy!
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August 08, 2018, 03:36:17 PM
 #200

We all know how powerful bitcoins are especially in financial terms. Having one makes you feel like a newly-crowned king ready for his throne and lux. Its value and essence is something that we cannot just ignore, resulting for some people relying on these 'God-given grace' instead of working hard and gaining the money that their own country uses. Some thought that it would be better off to have bitcoins and convert it into any kind of currency rather than to get a job and earn some thing. What do you think? Will bitcoin be able to eclipse the existence of national currencies in the near future?
 
I don't think that bitcoin will be a threat to national currency at the moment because authority just can't replace right away national currency to bitcoin it will undergo tons of processing and regulation.
Its because we used it as a investment, but in the future if we used it as a payment, im sure that bitcoin will be a great threat to national currency. But many more things will come in the coming years, so its possible that bitcoin will stay or will die. No one knows what will be going to happen on bitcoin, its just that we just need to wait for it to happen.
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