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Author Topic: Will crypto solve socioeconomic problems?  (Read 4304 times)
Wall_Streeet
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August 24, 2018, 08:33:35 AM
 #141

cryptocurrency will fight against corruption, because each transaction is tracked and it can also be signed in a special way
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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August 24, 2018, 09:54:08 AM
 #142

There are a lot of problems in economy world and Bitcoin is only a solution to a few problems, of course if helping users will also help the economy in their country also because they buy the needs of life there, but the ratio is directly proportional to the number of users and providers of crypto services in the country.
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August 24, 2018, 11:56:11 AM
 #143

There are a lot of problems in economy world and Bitcoin is only a solution to a few problems, of course if helping users will also help the economy in their country also because they buy the needs of life there, but the ratio is directly proportional to the number of users and providers of crypto services in the country.

I think so too! What do you think bitcoin can help solve if it becomes a global currency? Do you think that bitcoin can end corruption completely? And will it help improve a country's economy?
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August 24, 2018, 01:30:19 PM
 #144

There are a lot of problems in economy world and Bitcoin is only a solution to a few problems, of course if helping users will also help the economy in their country also because they buy the needs of life there, but the ratio is directly proportional to the number of users and providers of crypto services in the country.

I think so too! What do you think bitcoin can help solve if it becomes a global currency? Do you think that bitcoin can end corruption completely? And will it help improve a country's economy?

Bitcoins can help different peoples life and that is the reason why everyone is still holding their coin even thought the market prices are still dropping today.
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August 24, 2018, 01:54:41 PM
 #145

Partly yes in terms of poverty and unemployment. Through cryptocurrency, unemployed people can now have a job even at home and can support their family's daily needs especially their basic necessities.
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August 31, 2018, 07:27:59 PM
 #146

cryptocurrency will fight against corruption, because each transaction is tracked and it can also be signed in a special way


Yeah, everyone can see transaction, but who knows the owner of wallet where tokens were sent? There won't be any base with names of deputies for example. I don't think it will be signed in a special way
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August 31, 2018, 08:10:17 PM
 #147

If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?
So far crypto has helped many people improve their economy or in financial terms, it is inconceivable if everyone in the world uses crypto, then crypto will be the main currency for the whole world. This matter is not possible as long as there are still many that are contrary to crypto. With crypto we can make transactions wherever you want without passing third parties etc. If the government agrees with this cycle, I'm sure crypto will get better and possibly will have a stable price as well.

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August 31, 2018, 08:46:18 PM
 #148

I Think you are losing a point here, Bitcoin can be used to buy anything from anywhere in the world as long as the buyer accepts bitcoin but will your country is gonna accept that product. I live in India and many times they just block outside counties products and ask for high fees because of corrupt people. How about a place like North Korea will they accept this kind of deals.
ronics
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August 31, 2018, 11:22:26 PM
 #149

the truth is that bitcoins can make things that can give the impression that they are creating wealth, but for me it really makes them mistaken. because wealth can we get in creating value, and we can work hard and be patient because after all the wealth you say, you will get. we can not get it from a very modern scaling system.
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September 01, 2018, 03:33:33 AM
 #150

If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?

The truth is cryptocurrency really change the way we live today... Because of cryptocurrency why impossible things makes possible.. example the what people predict before about the cashless society... Before we think that it is very impossible but the thing change.. because of the uses of cryptocurrency why changes happen... cryptocurrency is really a great creation of human but for me it will never solve our economic problem today... Because money is not only the problem of our society..  because we are the problem itself.... Even we have a lots of money but we have a very limited resources.. it will be nothing... Changes need to start to us and cryptocurrency will just follow it step... We can only used it as a medium of changing society we are living today... But we as a people in society are the only person who will address this socioeconomic problem...
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September 01, 2018, 06:26:14 AM
 #151

cryptocurrencies is the future financial economy for any country it will definitely make their way for wealthy follow for citizens as investors and merchants
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September 01, 2018, 07:20:50 AM
 #152

Crypto will solve the problems of those people who created and create crypto-currencies.
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September 02, 2018, 06:20:11 AM
 #153

Should all countries accept cryptocurrencies, nations will have the maximum developmental advancement and wil also have stabilization socioeconomically. Buying and selling with crytpo will become an easier way to make deals with martek trading of goods and services.

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September 02, 2018, 02:36:04 PM
 #154

If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?
Yes i believe cryptocurrencies will help the socioeconomic problem in every country because it helps many people to earn money, so they could feed their family and provide their basic needs. Crypto can help to lessen unemployed people that is why it is really beneficial.

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September 02, 2018, 04:47:22 PM
 #155

Obviously, the crypto will not solve any socio-economic problem: the crypto - like any other currency - are not a value in themselves, but are only a measure of value.
If you are poor in dollars, you will remain poor in bitcoin, you can be sure of it.

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September 02, 2018, 05:19:04 PM
 #156

If that situation happens maybe there will be no fiat anymore because you can use currency in buying good from the other countries and maybe it will help a lot of people especially who are those front to life
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September 05, 2018, 09:50:41 PM
 #157

Undoubtedly, cryptocurrencies are supported by a technology in development that is still far from being exploited to its full potential, but that has demonstrated the ability to improve a myriad of processes that could undoubtedly contribute to making things work better in society.

However, we should not assume that cryptocurrencies will be in charge of solving the social injustices that have put the world in crisis, because technology by itself can not solve any problem if there is not the political will to achieve it.
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September 05, 2018, 10:04:17 PM
 #158

Socio-economic problems have deep roots, and using one currency rather than another makes no difference.
Eventually, the bitcoin is less controllable, so it will probably create MORE problems, not less.

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September 05, 2018, 11:50:58 PM
 #159

If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?
I am sure the cryptocurrency will continue to grow and many countries will be encouraged to create their own digital currency. In this age of digital need a new technology is needed to overcome economic problems. This technology requires a regulation so that it can be accepted by the government and the community, so that no party feels disadvantaged.
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September 06, 2018, 01:41:40 AM
 #160

That is really true ,one of the socioeconomic problem is the financial crises ,many married couples are on fight and misunderstanding with each other because of financial problems, and I believe cryptos can help it partly ,through joining cryptos but depends on the interest of the parties concerned in joining cryptos ,for I trully believe it can help this socioeconomic problems.
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