Is the existence of bitcoins a threat to jobs and national currencies?

[Tulanpa]

Bitcoin can not be a threat to national currency, but I will say it can be a threat to job. This is bcos more people will be willing to join the race of self employed and as such employer will av to be beging rather than dictating

[Genamant]

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 not a threat but bitcoin helps give income to people who needs jobs or cannot find jobs. Bitcoin gives everybody a chance to earn a decent living. Not without hardwork and resourcefulness.

[kylepos]

I think bitcoin is not a threat instead it helps others to get a job

[Underlord]

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?
 

Many speculate that bitcoin can disrupt the stability of the national economy, I think that is true. This can happen if there is a bubble burst, because there is a real interaction between digital currency and national currency which can have an impact on the real economy. In addition, there are also regulatory arbitrage risks because transactions can be carried out from other countries with more accommodative provisions. This requires more attention from the government if they want to set a legal status for bitcoin in their country so that both (digital currency and national currency) can run in balance.

[Ozero]

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, therefore it can not replace national money.

[tiktak89]

I don't think bitcoin poses such a serious threat to the country's economy. Bitcoin is becoming a great alternative to the currency, but this does not mean that it will replace it completely. In modern conditions this is impossible.

[regadly]

even with soft regulation, the government will be hindering the expansion of bitcoin's influence on the replacement of the calculated functions of mass use, but as a conservation function it is too late

[emmybd]

I don't think that bitcoin is a threat to the jobs, on the contrary, it can also create jobs for many unemployed people. It is true that bitcoin can pose a serious threat to the national currency, as more and more people have started using bitcoin.

[prodpar]

No, crypto is not a threat to job. Even for currencies, it is just a competition which will benefit the people only.

[ClarenceDo]

No, because there are a lot of countries where the population is very high and the job sectors are very low and those people earn money and support their family from bitcoin.

[valisa]

for me bitcoin as a new type of currency that can be made inevitable, bitcoin is not a threat to any country in the world, bitcoin can become an international currency, bitcoin provides a lot of convenience compared to fiat currency

[davydovsa]

It may replace currencies in some country. But what difference does it make, you can transact the same way.

[AliMan]

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.

Actually bitcoin is not a real threat but rather a good system for all of us. It paved the way for many opportunities and opens a lot of job to the unemployed. Well basically with the existence of bitcoin it adds up to the income of many people.It helps the unemployed to earn profit despite not having a stable job.

[OffGrid54]

Why should i consider bitcoin as a threat to the job sectors only because people earn from here, there are a lot of people who have permanent job and still invest in bitcoin and there are a lot who don;t get nay job and earn money from here.

[bitfocus]

no, Bitcoin is creating jobs, not eliminating any.
and bitcoin was born to give people financial anonymity, yes, Bitcoin could grow as a threat to Centralized Currencies.

[ammo121810]

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 it would be a threat to jobs because just like me i consider doing this investments as an additional to my sources of income aside from doing my regular job. Both are a big help for me thats why im doing both and it is not a threat. Not a threat as well in the national currencies.

[speardash]

Some of the governments fear that bitcoins may replace the official currency. That can take 100 years or more to happen.

[Cryptrx]

In many ways I believe it is a threat, cutting out middlemen in most of the industries will result in job loss just the same its usage and adoption will affect fiat.

[Gheka]

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 it would be a threat to jobs because just like me i consider doing this investments as an additional to my sources of income aside from doing my regular job. Both are a big help for me thats why im doing both and it is not a threat. Not a threat as well in the national currencies.

But this is only your situation, you understand that bitcoin can not be as important as the main job while for many people, they have no wisdom in this matter, rumors and misrepresentation of bitcoin profits are too virtual, that makes them lose focus and reduce time for work. Delayed and ineffective, sometimes they even decide to leave everything behind and go to bitcoin, looking for their new future, it is a real threat to the job and life, talk about the national currency problem, Bitcoin still does not have any threat, its power is still too weak

[Shirley Menezess]

I do not think so. Because in the near future Bitcoin is difficult to obtain the features of cash, it is very difficult for governments to accept, the number of places where Bitcoin can be used for transactions is very small in the world. , so it is difficult for Bitcoin to overshadow the existence of national currencies in the near future