BryanRoseWalker
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August 16, 2018, 10:37:41 AM |
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if the government continues to take the attitude of banning bitcoin, then it will be a serious threat because people involved with bitcoin can understand business assets through stocks and digital currencies, if this is not moderated then the national balance will be shaky because many people will be more interested in resigning from their jobs and become traders/crypto holders as their way of life.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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BeGoods
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August 16, 2018, 03:34:46 PM |
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I don't think so. Bitcoin is a big help to our society in every way. first, not everyone has a Job and not everyone is using bitcoin. so it will never be a threat to either way. and it will never be a threat as well to our national currencies. because we are still using Fiat with the majority of our transactions in our everyday lives.
Bitcoin instead is a big help for the people to have income and keep the businesses operating because people would have money to buy their needs and wants. As for jobs, no it wouldn't be a threat to jobs because in this forum alone, there are already so many people joining the opportunity of bounties and some got discourage because of the fact that it is harder to rank up than before so they would just work and find a job offline than here because they just want stability in income too which they cannot achieve just by joining bounties. You right, bitcoin is not a threat to jobs, in fact many people are helped by the existence of bitcoin to get jobs and income. there are many jobs in the world of bitcoin and crypto and many unemployed people use it. besides that many outsiders also consider bitcoin as a threat to the national currency, I think that is just speculation, the proof is I still use fiat as my main currency. |
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vihomem
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August 17, 2018, 02:55:37 AM |
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With the rate the human population is increasing all over the world, we need more options like crypto for people without job.
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tumonb
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August 18, 2018, 12:28:20 PM |
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In developed countries this can be an issue as people are very smart there. They will pick easiest option.
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hillnan
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August 18, 2018, 12:31:30 PM |
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Some people might leave their jobs for crypto. But this will not make a big impact.
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kelenikels
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August 18, 2018, 12:32:18 PM |
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I am not completely indeed over national currencies Anyhow danger for employment is absolutely conceivable to happen. Really it may be happening right Notwithstanding in the current situation.I know we all have passion for one career or the other. We need to use the money and make impact in our society through our business empire.
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kniheant
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August 18, 2018, 12:44:56 PM |
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in my opinion,Bitcoin like other decentralized crypto currency, can not become a hurdle for the national currency. No state will abolish its national money, because money should be linked to the country's economy. The state produces so much money at the denomination of banknotes, how much the goods are produced in the country. Decentralized crypto currency can not have any binding to the economy of the state.
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Nanagyasi
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August 18, 2018, 12:48:42 PM |
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I don't think Btc offers free money. People work hard to gain Btc and some others take risks in order to gain profit on it. I don't think it is a threat to national currencies.
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Allan Ramanda
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August 18, 2018, 01:00:09 PM |
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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?
trading in the crypto world is very risky, so don't ever throw away your permanent job to earn money in the crypto world. bitcoin will not be able to interfere with the existence of fiat currencies, because the value of bitcoin depends on fiat currency. |
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ammo121810
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August 18, 2018, 01:17:18 PM |
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Actually existence of bitcoin is not a threat to jobs and national currency because to the regular employee for sure they will not leave their job because it is their source of income and to national currencies it will not be a threat because national currencies are regulated by the government of each country.
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oanhphong
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August 18, 2018, 01:48:01 PM |
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How do you assert such a thing without any basis ? You should understand that electronic money is leading the technology world and the government is slowly adopting it.
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gabbie2010
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August 18, 2018, 01:57:47 PM |
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Its a bad precedent to having or hodling btc without engaging in a paid job, although early hodlers are already millionaires however that does not implies leaving a paid job and relies solely on bitcoin for all expenses, it is rather advisable to work, trade or invest it this will ensure addition or accruing more btc rather than engaging in a spending spree.
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khelan
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August 18, 2018, 02:04:44 PM |
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yes i think. if bitcoin and other coins are come into uses then people will use those coins and ignore fiat currencies. Only government will do is to apply huge taxes.
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_jshsnts
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August 18, 2018, 02:11:18 PM |
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maybe or maybe not, maybe for those people who is willing to learn and invest in this kind of investment, maybe not for those people that is close minded that do 8-hour shift a day. National currencies ? maybe because bitcoin is like banking that anyone can do, maybe not because we aren't sure on its security.
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conected
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August 18, 2018, 02:14:00 PM |
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Bitcoin is no threat at all to any country or national currency.
Bitcoin is and will remain cryptocurrency that will not become mainstream because of the structure and the way it's functioning. So, Bitcoin is alternative to traditional currencies and economies but it's not endangering them.
However, Bitcoin is kind of competition for them and this is the good thing because it can move different kind of changes.
- I do not think that bitcoin will replace the traditional currency is a reasonable thing because each country always has a different currency, it is the image for the strength and value of each country, replacement only makes people doubt the development of the government and the future of the country. Although bitcoin can not yet become a threat, but if it continues to grow, the future is unpredictable, thus, we can clearly see that governments remain at a certain distance, do not support the development of bitcoin, even prevent people from approaching. |
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Agnusdei12
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August 18, 2018, 02:14:54 PM |
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It has never been a threat. First of all Bitcoin is not being recognized to some countries in the world. Earning Bitcoin as an additional income will always remain incomparable to the professions or career that people tend to choose as nature of their job.
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putriliesma
Jr. Member
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August 18, 2018, 02:17:39 PM |
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Maybe in the future there will be some countries that accept bitcoin and make it the nation's currency because in my opinion bitcoin has that ability in the future.
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krishnaverma
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August 18, 2018, 02:46:31 PM |
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maybe or maybe not, maybe for those people who is willing to learn and invest in this kind of investment, maybe not for those people that is close minded that do 8-hour shift a day. National currencies ? maybe because bitcoin is like banking that anyone can do, maybe not because we aren't sure on its security.
It is not like that everyone is forced or trapped in the job cycle. Some people do a job because their passion lies in that field. Some people give their entire live working in NGOs and they are satisfied. I do not think they will be tempted to leave that job ever for gaining money through crypto investment. |
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zarintasnim
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August 18, 2018, 03:06:05 PM |
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Bitcoin is finical freedom. But no threat about job and national currencies. Bitcoin in use online and so many people take bitcoin their extra job. General people do not leave their main job for bitcoin. So i think on threat about main job and national currency.
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Soneo
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August 18, 2018, 03:19:42 PM |
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It is not going to affect jobs anyways. All will not leave jobs for crypto.
I think it's very difficult because they are people and places that don't have access to the internet. I think bitcoin is not threatening to work but for national currencies I think yes, bitcoin has speculation that it might replace our currency in the future |
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