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

[Ronyx]

No, the existence of bitcoin is not a threat to national jobs and curreny, but bitcoin can be an additional income to make life better. Bitcoin is more likely to be used as an asset and used for investment, and that does't threaten the existence of a national currency.

[MIZANUR5033]

If someone asks me if the existence of bitcoins is a threat to jobs and national currencies, I will directly say 'no' to the answer. People know Bitcoin is an online platform where a job holder, a retailer, a trader or anyone; holding any business, can do with Bitcoin. None will have to quit his/her jobs to go on with bitcoins.
For a wise and cunning trader or job holder, bitcoin must be an extension and nothing else while it has no connection with leaving jobs or business. Therefore, the existence of bitcoins is not a threat to jobs and national currencies rather the extinction of bitcoins might be a threat.

[Bennix]

Yes,bitcoin is a threat to jobs because you don't need middle man to do the transaction.
Bitcoin is poses threat to national currencies if it is adopted by the world of which we know that decentralization nature of bitcoin is one of the reason people like bitcoin.
From what I am seeing,a lot of bank workers might loose their jobs.I said this because many workers loose their jobs when computer is invented,meaning what 500 men can do in two weeks computer will do it in a day,and this made a lot of people to loose their jobs in almost all the sectors computer is used.

[Kuya Kim]

No, the existence of bitcoin is not a threat to national jobs and curreny, but bitcoin can be an additional income to make life better. Bitcoin is more likely to be used as an asset and used for investment, and that does't threaten the existence of a national currency.

I agree with you! Actualy bitcoin has helped them in ways! It can be an alternative way to earn money. Sometimes its better than your actual salary. Bitcoin is an ally ready to be harnessed, not a threat

[ubercool]

For national currencies..? May be its a threat because of the decentralization. But I dont understand why are you thinking it will be a threat to jobs.!! You wont get rich with 1 bitcoin, either you have to buy and hold for a long time or you have to trade. Otherwise you definitely need a job.

[Glutius]

You are partly right, but in the world there are many people who like to engage in medicine, art, sports and any other human activities. Therefore, I think that bitcoin will only simplify our lives, but will not be a competitor for jobs.

[bigbosma]

I think that bitcoin can be a great alternative for the national currency, but it can not replace it completely. And as for jobs, it's more of an absurd assumption. If everyone suddenly decides to make money on bitcoin, the planet simply will not develop.

[Dondisimo]

I like to earn with bitcoin and have extra money on it. but I will never give up my favorite job at University. Still, each person has a vocation that goes beyond the usual earning money.

As for the threat to the national currency, I am only for it to be completely replaced by bitcoin.

[JC btc]

I like to earn with bitcoin and have extra money on it. but I will never give up my favorite job at University. Still, each person has a vocation that goes beyond the usual earning money.

As for the threat to the national currency, I am only for it to be completely replaced by bitcoin.

I don't think that it is a threat when in fact existence of bitcoin brings a job to the people so instead of thinking that way we should just set goals how we are going to become successful and can use crypto in every different way.

[Tashi]

Not really. Since cryptocurrencies fluctuates, it would be really recommended not to depend on it and still have stable jobs for stable income. Also we use national currencies to buy cryptocurrencies.

[Ahimoth]

Not really. Since cryptocurrencies fluctuates, it would be really recommended not to depend on it and still have stable jobs for stable income. Also we use national currencies to buy cryptocurrencies.

For me Bitcoin existence is not hindrance for the job and national currencies because instead of become threat it become helpful to many people to have additional income especially of many users of cryptocurrency. Also once someone become part of crypto, he surely get a job and get earn. And if someone using cryptocurrency it means they only
grab the opportunity to get earn a lot.

[Pattart]

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.

In my opinion, bitcoin is not a threat to the national currency because they have different uses and bitcoins can not be used for valid payment instruments. Maybe bitcoin can be used for legitimate payments in the future but the existence of national currency of each country also will not be displaced by it because bitcoin is the virtual currency

nope, bitcoin is not a threat to the jobs, it actually helps many unemployed people to get their new jobs. but in my opinion bitcoin can pose a threat to fiat and local currencies if bitcoin is not managed with the right regulations, because it is very likely that many people prefer bitcoin rather than local currency right?

[rindayle]

Bitcoin is a very strong digital coin which now has a very large capitalization in the cryptocurrency market. But I think that it is not a threat to the national currency at the moment, as we still pay for the goods and use Fiat money. And what about jobs, and then who will work ?))

[raking]

Bitcoin does not represent a threat to financial stability and can not "uproot" national markets, small scale and bitcoin fragmentation with the wider global financial system. is one of the key reasons economic experts are not worried. Although the bitcoin value has risen more than 1,000% this year, its total value is only a few hundred billion dollars, too small compared to the $ 80 trillion global currency market.

[4rzun4]

Those who think that the existence of bitcoin is a threat to national jobs and currencies, should read more references to bitcoin and broaden their knowledge of bitcoin, as well as the functions and uses and purpose of bitcoin to be able to see more about the real existence of bitcoin. Because the existence of bitcoin can actually help economic growth and provide welfare for its users, and nothing is threatened with the presence of bitcoin to date, except those who always look negative about bitcoin and try to destroy bitcoin which always says the existence of bitcoin can be negative towards the state or society .

[CryptoSmile]

Many of us read some people finally leave their main jobs and focus on bitcoin, besides that many predictions that bitcoin will become a national currency. If you look at what is widely discussed, of course I think that the existence of bitcoin can threaten national jobs and currencies. But I am not sure that bitcoin is there, because what I know is that the presence of bitcoin is to give happiness to everyone and participate in the development and welfare of every nation and country in the world.

[coin-investor]

I don't think it's a threat all in fact they can integrate it and use the blockchain system I'm not hoping to see a country only using Bitcoin as their currency, no form of government will allow it, they can create their own but I doubt they will ever use Bitcoin, the best that we can see if they can co-exist.

[GalahadSeika]

I think so, that's why many people in the government are alarming themselves because of the power of bitcoin but remember. There is a conversion for each currency to bitcoin.

[dimiinx]

Many of us read some people finally leave their main jobs and focus on bitcoin, besides that many predictions that bitcoin will become a national currency. If you look at what is widely discussed, of course I think that the existence of bitcoin can threaten national jobs and currencies. But I am not sure that bitcoin is there, because what I know is that the presence of bitcoin is to give happiness to everyone and participate in the development and welfare of every nation and country in the world.

I don't think so, the existence of bitcoin is not a threat to national jobs and currencies, precisely with the existence of bitcoin adds income to someone if done diligently and patiently, because everything is beautiful in time if we want to try to learn about bitcoin and everything / bitcoin is not affect foreign currency, it will increase foreign exchange in the sense of increasing income for the citizens of that country

[Falmera]

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?
 

In my opinion, bitcoin is not a threat to our current currency and to our economy. It maybe affect us, our life, our whole being but in a positive way. It supplements us financially but not to the extent that our productivity as a citizen in a country will diminished.