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Author Topic: Is the existence of bitcoins a threat to jobs and national currencies?  (Read 3802 times)
makenoise
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July 26, 2018, 01:57:11 AM
 #101

maybe, because as I know, people see that they can make money by staying at home and investing in bitcoin. Therefore,our society will be lack of working resources. and it will threat to job
domains4
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July 26, 2018, 01:57:17 AM
 #102

No, I don't think the existence of bitcoins a threat to jobs and national currencies. Because Bitcoin is a king in the crypto platform, not in everywhere. Bitcoin is a digital money, you never can touch it. So, I don't think bitcoin or other cryptocurrencies will be a threat for the national money. Nothing can threat the national money, mate.

Who has a good and perfect job, they never left their job for crypto coins. Only who are not satisfied with their job, they will leave that to join in the crypto platform. So, overall, Bitcoin is not a threat to jobs or national currencies
tungnhapchanvui
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July 26, 2018, 02:11:55 AM
 #103

I believe that the existence of bitcoin doesn't threat to jobs and national currencies. Because with its benefits, Bitcoin can support to create more job opportunities for people and It also promote the development of national currency
Pamela Silvaa
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July 26, 2018, 08:23:51 AM
 #104

It's too early to assert that Bitcoi will be a threat to national currencies. Indeed, I don't think it is likely to happen though in the future Bitcoin may earn more trust. You know, governments are powerful and they won't let their currency be replaced that easily.
Kathleen Gomess
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July 26, 2018, 08:26:42 AM
 #105

Owning a Bitcoin doesn't make you feel like a king. It means you have exchanged your somethingthousand $ into  Bitcoin. Moreover, you're always in suspense since you don't know whether your Bitcoin will rise or fall in price the next day. And to own Bitcoin, you have to pay by your fiat money!
In the near future, that Bitcoin is dominant in the global economy is hard to happen. In the end, national currency is the most common familiar for the citizen in their country which is backed by the government.
Susan Diass
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July 26, 2018, 08:35:26 AM
 #106

I don't understand why you think Bitcoin is a threat to jobs. Bitcoin investors can still work in another area. Moreover, the unemployment rate is not below zero. So more correctly, Bitcoin creates jobs, decreasing the number of unemployed people, not a threat to jobs!
Rebecca Bragaa
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July 26, 2018, 08:36:27 AM
 #107

It's far from being possible that Bitcoin will be a danger to national currencies. I think the two can coexist, not compete. Bitcoin is a new kind of money which is suitable for e-commerce, international money transference. But national currency has its own advantages. Sometimes, national currency shows that how strong the economy of a nation is.
Frank Norwoodd
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July 26, 2018, 08:41:52 AM
 #108

Bitcoin has prospect to become more popular, but now it is being misused. Many are interested in Bitcoin to earn quick profit. Some take advantage of Bitcoin to scam money. Other use it as a tool for social evils activities and crimes. It has been riddled with many problems to become a threat to a more stable national currency, and the worse is those problems haven't been slowed down.
Uno17
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July 26, 2018, 01:17:21 PM
 #109

I don’t think so it is a threat to jobs and national currencies, instead it is a big help to everyone around the world, with or without regular job, bitcoin is applicable to all, therefore people are earning extras aside from their regular income from their job, therefore i can say bitcoin is not a threat to any industry, but it is a big back up to all who are interested and willing to exert effort.
Gadhoh
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July 26, 2018, 01:20:18 PM
 #110

In many countries the presence of digital currencies such as Bitcoin still invites pro or contra debate. Part of the bitcoin counter is a threat to conventional money and closely related to monetary.
yonjitsu
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July 26, 2018, 02:30:10 PM
 #111

How can bitcoin be a threat to jobs if it is in fact helping others who are jobless to at least earn a profit for themselves? The only threat bitcoin brings to jobs are those people who wanted to quit their regular job because their earnings in cryptos is bigger than their present job.

Tatzky
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July 26, 2018, 02:37:24 PM
 #112

Having a single Bitcoin won't make you feel like a king or whatever, it is just there to help you when you are in needs and during emergencies, you still need to work even you have a Bitcoin since this will only let you live for a year or two, since you have 70 years and more to live you need to work as well.

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Nilda
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July 26, 2018, 04:06:00 PM
 #113

Bitcoin is the exact opposite of being a threat to jobs. Bitcoin is known to have provided jobs to a lot of people. Even to those who already have jobs. I don’t understand why bitcoin would be a threat to national currencies. Bitcoin can coexist with any currency.

Yantoaja
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July 26, 2018, 04:48:12 PM
 #114

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?
 
it is possible that even Europeans are more dominant using digital money than fiat money, in fact in Sweden the use of cash has disappeared, so the Central Bank is conducting research to issue its own digital currency E-Krona.
Suguha
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July 26, 2018, 08:45:14 PM
 #115

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?
 
For me, its a no because bitcoin is digital currency that can help people to earn extra money, bitcoin has a bog impact to tge people of the world because of its financial assistamce that can help, bussiness is about money but not money only because in bussiness they are not bitcoin that uses campaign and signatures to earn money, bussiness is all about producing products that the people can use to survive in our daily life.
sotoshihero
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July 26, 2018, 08:56:46 PM
 #116

I think not a threat but an aid or another a evenue where a fiat currebcy lacks its features.Its juat an alternative way to spend online and can help ease  transactions due to its speed and security features.
Kayuslawal
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July 26, 2018, 09:02:59 PM
 #117

Its not a threat in any way, the national currency is more like a fiat currency used and accepted as legal tender while bitcoin is a form of crypto or online currency which is only available for few.
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July 26, 2018, 09:04:02 PM
 #118

Bitcoin is not an alternative to national currencies. The exchange rate of national currencies is an indicator of the economy of each country. And the cost bitcoin, within a country, does not say anything. Bitcoin is an alternative to gold.

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July 26, 2018, 09:43:40 PM
 #119

If people used Bitcoins as currency more often it would indeed weak the national currencies, but not the individuals of the countries. If Bitcoin gives more purchasing power to everyone, what is the problem? It will help the economies to develop. What is good for the citizens is good for the country!

Essential jobs will continue existing, as without them there isn't civilized and confortable life anywhere. But of course, there are a lot of worthless jobs nowadays that no one would complain if they didn't exist... And I also think Bitcoin isn't a threat to jobs, but the opposite. When people have more money on their hands the tendency is that these people will create more jobs, they will hire people to work for them.

 
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Patpro
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July 26, 2018, 10:31:55 PM
 #120

I dont know why you would say people have chosen Btc instead of working hard to earn. I dont think dollars are dasked out for free here. Even before you earn something here, you have to work very hard, whether through bounty our sleepless night studying market trends.
I do not think Btc will ever eclipse fiat as you think. It can only be used side by side.

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