Will crypto solve socioeconomic problems?

[akram143]

everything may happen whether good or bad will certainly be obtained in investing with crypto currencies, the bad results of investments with crypto currencies depend on the intention and purpose of the investor itself

Yes it doesn’t favor everyone, some people will invest their money and lose while others will invest and win. Luckily for me I can say I only lost money once in cryptocurrency, after that I have never lost again, only making profits all the times. Took my time out to study everything that has to do with cryptocurrencies and how to trade it. But when it comes to Hodl, loss do occur, that’s normal, but you have to hold for a long term to make profit.

cryptocurrencies are also like our basic currencies so it can change your life and social life into a different situation very easily but it needs the support from our government and all the people all over the world otherwise cryptocurrencies will not change anything in our world and we definitely need to accept cryptocurrencies for our future otherwise our features will not as good as go on.

[adamlillian]

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?

Any financial market has its own risk. participating in this market is unlikely to make your life better. There are quite a lot of scam projects, strong manipulation makes us lose a lot of money.
so it is impossible for people to participate in electronic money because its risk ratio is higher than any other job.

[andrerusso]

if we all really try to understand and use it for noble purposes, then it should supplement fiat.  the problem is there is so much bad press about it such that majority still go for the traditional system.

[arcanayou]

even though there are some coins that aim to solve socioeconomic problems but I am pessimistic that they will be realized, I do not believe there are people who are quite noble by doing social projects in the world of cryptocurrency. most people in the world of cryptocurrency are only profitable, not others, so i don't believe there will be an ico of cryptocurrency that is aimed at charity or social

[JRoa]

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?

Did you just say ‘everyone in the world gets into crypto?’… so what would they be doing exactly? Buy crypto and relax at home and watching it grow or work on campaigns. That’s funny. Things like this is what ruins cryptocurrency. Because you all now believe that cryptocurrency is a way to make quick money, that’s why everyone comes here talking about bull run and topics that are not adding up. Bitcoin can’t solve your problems, if you want to solve your problems then get to work.

That is one of the bad side of cryptocurrency. There are many people thinks that cryptocurrency is an investment where they can be reach. It is the reason why the bitcoin is gaining more bad images because of the people who always see the bitcoin as speculative coin.

[Naida_BR]

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 keep saying that cryptospace give opportunities to every society to move their economies. Crypto and blockchain overcome boarders so employees have the chance to eliminate differences between them.

What I mean is that:

Outside crypto:
If you are a web developer in the US you get a higher salary from a web developer in Nigeria.

Inside crypto:
Web developers get the same salary.

It is something like you get paid for your skills and only for that. No other variables are involved. And this is the reason why I think that crypto can truly solve socioeconomic discrepancies in the world and make it a better place for everyone.

[andrei56]

Bitcoin is just a revolutionary form of money, but despite its superior technology nothing is going to be solved because of it, all the problems of the world can only be solved by those which created those problems, in most cases humans are responsible for the social and economic problems of a population, so I really do not expect anything to change because of bitcoin.

[TheClownSong]

Bitcoin is just a revolutionary form of money, but despite its superior technology nothing is going to be solved because of it, all the problems of the world can only be solved by those which created those problems, in most cases humans are responsible for the social and economic problems of a population, so I really do not expect anything to change because of bitcoin.

I am agree, bitcoin is just a currency and we need government to solve sociaproblem in our community. Bitcoin created because we should not need third party for our transaction but to solve socioeconomic problem, government have important role.

[nur rochid]

Bitcoin is just a revolutionary form of money, but despite its superior technology nothing is going to be solved because of it, all the problems of the world can only be solved by those which created those problems, in most cases humans are responsible for the social and economic problems of a population, so I really do not expect anything to change because of bitcoin.

I am agree, bitcoin is just a currency and we need government to solve sociaproblem in our community. Bitcoin created because we should not need third party for our transaction but to solve socioeconomic problem, government have important role.

many personal economic problems are overcome by the existence of bitcoin, but the government can do more than that. because the government holds policies that must be adhered to, causing massive effects

[bitbunnny]

Cryptocurrencies don't have some magic power to solve the problems. In.order for them to have any fornal impact on economy and society they should be formaly implemented into economy and monetary system, so recgonized as money, and that means regulation in every way. But even in that case it's not clear how big impact crypto might have.
At the moment I think that cryptocurrencies have impact on individual level because they helped some individuals, including me, to improve their financial situation as an additional income source.

[entebah]

I think Crypto has made some people who know about Bitcoin the Bounty campaign have lived a pretty good economy, because by participating in the Bounty campaign, people who are diligent and always patient in doing it will definitely benefit from Crypto. I myself have felt that the Bounty campaign has made my economy a little uphill.

[Rhosadah]

with many projects created through the blockchain it will open up opportunities for online jobs to provide income for the community and that makes the economy grow.

[conected]

with many projects created through the blockchain it will open up opportunities for online jobs to provide income for the community and that makes the economy grow.

- I agree that a lot of projects are created and opened a lot of online work related to crypto, help people earn income but the problem here is that this project doesn't guarantee, the reward they give us is the token, it's not cash. And that tells us that not everyone can make money through crypto, only a few people can succeed and gain benefits from crypto, and with such evidence, crypto can only help outstanding individuals develop their economies, with the economy of the country or other issues, it can not help anything, the capacity of crypto is not infinite

[Godday]

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?

we all never know what the future is about crypto. whether crypto helps our socio-economic problems or not. we never know. because we cannot predict what will happen. but I still believe that crypto is indeed capable of dealing with socio-economic problems that we are experiencing.

[Faxmate]

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?

we all never know what the future is about crypto. whether crypto helps our socio-economic problems or not. we never know. because we cannot predict what will happen. but I still believe that crypto is indeed capable of dealing with socio-economic problems that we are experiencing.

The future of crypto will very bright and mor beneficial because it made for people specially this currency is not for one or some countries rather it made for world wide countries because they wants a lot of people gets a lot of profit and their country's economy would more improve because some countries have very low income source so that's why crypto is most important income source.

[yusupjatigumilar]

technically crypto currency transactions are indeed very useful and a solution to the problem of the distance of transaction participants, using crypto currencies one can make transactions in seconds even though the distance is very far and at a low cost, it might be a problem of distance and the cost of cryptocurrencies can be a solution, but if what is meant by other economic problems such as unemployment and poverty I think crypto currencies cannot yet be a solution

[basyang]

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?

Of course its a yes, Everyone around the world gets into cryptocurrency it can really help lessen its socioeconomics because of its convenient to use especially in the transaction and other services. For me, it can help to improved economy once it implemented in the country. It can also help people when it comes to financial needs becausw it can be source of income.

[CryptoMoar]

in my opinion for now crypto will only provide benefits to its users. crypto will improve the economy of its users and solve their economic problems if they make crypto investments properly. crypto will not be able to improve the economy of a country. because the economy of a country is a complicated matter concerning the trade balance, export imports and others.

[jatin729]

Yes crypto can solve the social economic problems in the country

in my opinion for now crypto will only provide benefits to its users. crypto will improve the economy of its users and solve their economic problems if they make crypto investments properly. crypto will not be able to improve the economy of a country. because the economy of a country is a complicated matter concerning the trade balance, export imports and others.

I agree with your point but can you imagine countries like Venezuela, Paraguay looking for establish a mining plant in the country why they want to because they find economic benefits in it. So crypto has increased the per capita income and people living standard has improved so yes crypto has benefits over economic conditions.

[Nissan-GTR]

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?

We dont know yet since not every country has been recognised for using Bitcoin, and if it will happened I think it will mainly depends on how are we going to work with Bitcoin given that Bitcoin is such a useful and accessible platform for each person who properly know how to use this, and of course the contribution of each member of the society really matters.