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

[Dvmd lionel25]

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.

[ace4549]

Maybe for both. First in Jobs, because of its home base feature of working people will be more home base than finding a job outside specially they know that crypto works and industry of market is more profitable than normal work of job. Second in currency, I strongly agree on this, it is a wide and very threatening for the currency. As of the government announce that the country is crypto free meaning cryptocurrency is accepted in the country the power of crypto specifically BTC will merge and surpass the value of a country's money or currency that may affect also on the economic standard of the country, it would be good somehow for me.

[Impulseboy]

Will bitcoin be able to eclipse the existence of national currencies in the near future?
 

I doubt bitcoin or any other cryptocurrencies can and will replace national currencies in the near future. As amazing as cryptocurrencies are, specifically bitcoins, any country will be having a hard time adapting to it. Of course it is easy to eradicate fiat altogether, however, the people may have a hard time getting used to it.

[Jian_Liux]

The existence of bitcoin will not be a threat to jobs and foreign currencies, because bitcoin is a crypto currency whose systems and ways of use are different from national currencies, and to this day there are no employees of companies that are paid using bitcoin. Thus between bitcoin and the national currency has a real difference and in life is very different from the way it works, so it will not interfere with each other.

[Goodnuel]

I don't think bitcoin is supposed to be threat to national currencies... I think both are supposed to work together since both ain't exactly same thing.. Bitcoin is a digital currency while national currencies are fiat.. They can both go together..

For jobs, here where the actual threat comes in because with the bitcoin and blockchain, a lot of works and decentralization is possible and these affects a lot of Jobs and people who work them.

[[ProTrader]]

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?
 

Bitcoin is a threat in National cryptocurrency if their government have a corrupt politicians. If Bitcoin became an International currency they cannot reprint another bitcoin cryptocurrency to cover their corrupt activities. In terms of job, it is not a threat because Bitcoin is a volatile market and there is no guarantee that the price will stabilize.

[Nasonn]

Most financial solutions of bitcoins is centered on eliminating middlemen in the financial industry, it will mean loss of job for those sets of people. Bitcoin pose no real threat to national currencies, people are still more confident trading in national currencies.

[Menawi12]

I think bitcoin is not a threat for jobs or national currencies. The institution that always afraid about bitcoin is central banks because if people start using bitcoin as currency, banks bussiness disrupted and people can easily open bitcoin wallet without fee not like people opening banks account

[smile1218]

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 bitcoin is not a threat to jobs and national currencies it is an additional source of income for all of us who are engaged in doing the cryptos.

[Ramonranger]

Theirs no way that BITCOIN is a threat to jobs and national currencies/fiat currency, BITCOIN is only use for transaction making in dealing with selling, trading, buying, etc. This also very helpful to have extra income if they know how. National/ fiat currency cannot be replace by any digital currency due to the legalization of their government.

[MoreMoneyHunt]

Bitcoin is rather created to buttress businesses with their payment methods. With the decentralized nature of Bitcoin, businesses will enjoy fast transaction speed, good security, low transaction costs, elimination of middle man interruption in transaction which normally leads to delay in transaction etc.

[iMark]

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?
 

Actually bitcoin is not a threat to other jobs and currencies but rather a help for them. Some jobs can have an access of bitcoin that will make their name more effective because there are a lot of people who know bitcoin. And if it is a threat then bitcoin would be banned a long time ago but it is not. Bitcoin can really help to the existence of job and currencies in the world.

I think its not a threat too, but rather creates another way to earn or an opportunity for any people from anywhere in the world. Its not a threat to jobs but create a job  in my opinion.  Now with  cryptocurrency,  you can tap anywhere  for a  project and paid in bitcoin or any coin he prefers. Its very innovative now a days and a cheaper way to scout for talent who can deliver.

You right, cryptocurrency does not threaten jobs, precisely the existence of this cryptocurrency makes more and more jobs
you see a lot of unemployed who then get their jobs in crypto and can pay for their living, and raise their economy

[jannatakter]

I think bitcoin is not a threat for jobs or national currencies.it is an additional sourceof income for all of us who are engaged in doing the cryptos.

[maxman190]

On the one hand, we can say that people can not work and sit to trade and make good money, and on the other hand there are many people who are already eliminating their lives.

[amobi]

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?
 

People tend not to look for jobs and earn their country's currency because the have the impression that crypto currencies value are on the increase and their value will never go down in contrast to most of the countries currency that has no value and devalues day by day

[gabmen]

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?
 

People tend not to look for jobs and earn their country's currency because the have the impression that crypto currencies value are on the increase and their value will never go down in contrast to most of the countries currency that has no value and devalues day by day

Well some bankers think that if crypto grows to mass adoption it could threaten them. That's why you won't see a lot of banks saying something good about bitcoin. Though we're looking at several years for this scenario.

[Malam90]

Bitcoin is the very important in the financial terms. Bitcoin is not a thread for both Jobs and National currency. Bitcoin will not destroy national currency. National currencies will exist with Bitcoin but some people are using Bitcoin in illegal activities.

[Olalomi]

The existence bitcoin might threaten bankers  who are of  the opinion that the decentralized and store of value feature of it could encourage investors to withdraw all their funds and exchange it to bitcoin or other Cryptos and stored in a secured wallet such an action will have much impact on the banking sectors which could  lead to loss of jobs however bitcoin also creates jobs opportunities like miners, programmers etc.

[Qwerts]

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 do not think bitcoin will become national currency yet in the future but I agree that it will become a viable threat in jobs. Since it opens a lot of opportunities for people globally, we can expect that more people will learn about it and eventually understand that it is easier to earn profit than offered jobs. Bitcoin values are way ahead of time and its blockchain technology makes it much easier for financial transactions because it is secure. It will not replace national currencies but it will be considered as one of the most valuable and reliable currency there is up to date.

[jyotianand01]

No, the existence of bitcoin is not a threat to jobs and national currencies as it is also like a currency but it is digital and used as payment option like fiat in many countries and no threat to those countries job. It is in the growth stage and a lot of revolutions comes in it in the future as more and more countries moving towards this technology and it will create new jobs not a threat to old ones.