Will crypto solve socioeconomic problems?

[Impulseboy]

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?

[Shiro21]

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?

bitcoin has indeed been trusted to save the lives of many people from unemployment and poverty, but don't expect too much because the country is a large scale. On this scale regulations are needed that regulate the bitcoin ecosystem, because national currencies are also important, these two things have a real interaction in their role to building the national economy, so both must run balanced

[BrewMaster]

no because nothing about "people" would ever change. they would only use a different tool (bitcoin in this case) and continue doing the same thing that they have been doing before and nothing will ever be solved. not to mention that bitcoin is too small and not even adopted yet by more than 0.5% of the world to want to change economy of country!

[d57heinz]

no because nothing about "people" would ever change. they would only use a different tool (bitcoin in this case) and continue doing the same thing that they have been doing before and nothing will ever be solved. not to mention that bitcoin is too small and not even adopted yet by more than 0.5% of the world to want to change economy of country!

This—-^^^

In order to change the world one must change the environment. When certain countries lead by war then what your left with is a war torn world.  Problem with the world today is were a bunch of hypocrites.  Do as I say not as I do.  Guess what humans don’t learn the best by talk.  Moreso by action.  So it’s our own faults this bs is continued throughout history.  Not enough people question the status quo.  “It’s just the way it is” or another classic you hear  “in my opinion”. As if your opinion has any bearing when its not based in facts.  If you want to solve socioeconomic problems first thing you have to throw out is “in my opinion”.  Right now if we really want to solve the issues we have to face the cold hard truth.  That for most is unbearable and for that reason the world will continue on with the shitshow know as “Earth”. 

BR

[bob123]

If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems?

Unfortunately, no.
The currency used is not related to the populations thinking/acting. It is just a means to an end.

The poor are trying to climb up and the rich are trying to keep the poor down to keep their wealth. Unless you can change this through a currency, it does not solve any socioeconomic problems.

 

Can it be used to buy goods from other countries?

Well it can replace the traditional process of a payment (which logically is part of a purchase agreement). 
Thats the whole deal behind bitcoin. You can send value to anyone in the world who is also willing to accept it. Secured, decentralized and with a low fee without any middlemen.

[bitcoinman93]

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 believe blockchain can help socioeconomic issues even more, if the communities are governed through blockchain instead of centralized politic parties that focus on their own gains only

[bungutko]

Yes, I believe crypto will partly solve some socioeconomic problems in a country where unemployment rate is high. Getting involve in cryptocurrency like joining bounties could help unemployed people to earn profit and  in fact there were a lot of people doing it even for those with jobs still manage to participate just to earn secondary income and it's a big help to lessen financial shortcomings.

[louie69]

In my own opinion, I would say yes, it can help solved socioeconomic problems of a certain country where cryptocurrncy is widely adopted by the people and government. One socio economic problem is poverty wherein I believe by joining in bounty campaigns and signature bounty campaign can generate an income right after a campaign period will be finished. The profit they made or earned could help them use in buying food and clothing for their family.

[Impulseboy]

no because nothing about "people" would ever change. they would only use a different tool (bitcoin in this case) and continue doing the same thing that they have been doing before and nothing will ever be solved. not to mention that bitcoin is too small and not even adopted yet by more than 0.5% of the world to want to change economy of country!

I guess you are right. Even if crypto becomes popular and used by everyone in the world, it still depends on the people and what they do with it. Its a shame because crypto can be used for a lot of things and perhaps can even help the economy... of the third world countries to be exact.

[lkjhg]

many people believe that bitcoin can help the economy within a country, and I believe that blockchain can change the economic system easily

[tepakpak]

I think it can solve people's economic problems but not for the country because bitcoin cannot be controlled and its value fluctuates.

[devormity]

obviously crypto will help people from poverty and as a side income and even primary income. because there is too much evidence that people earn income here and become successful people. so bitcoin has solved a person's social economy. but maybe it will get a different impact if in one country almost all of the people switch professions into the cryptocurrency world, and surely the government there will give action.

[Bitchef2112]

It would certainly help a ton of "unbanked" people. The open, global and nearly free to use payments are a revolution in this field.

[harizen]

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?

No and never it will.

Cryptos might have good advantages but it's not made to "solve" socioeconomic problems. It's not simple to solved it as different country have different status. It's a serious problem and will never end because of crypto.

To improve one country's economy , it must start to government official itself. Serious platforms, strict policies, responsible and disciplined people, serious implementations of law and lots of things should be prioritized on which it will take several years or even decades to solve that.

I don't see how crypto will make changed for that.

[Nolimitz84]

Cryptocurrency itself will not change your life.It will change all the technology that is behind the cryptocurrency-that is, the BLOCKCHAIN.As soon as this technology will be introduced in all spheres of life of society and the nation as a whole,since then will begin a decent life for every citizen.There will be no corruption, there will be no deception from politicians-and as a result life will become better.A fact.

[Ctn]

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?

If crypto currencies ever go that far as you explained here then surely it will help the countries economy to grow bigger than what it is currently. This is because of its real use and bringing the liquidity into the market of crypto currency. The use is very important and when it will happen within two countries then it will be more or less very realistic use of crypto currency. How it will improve economy? As the crypto will be used as mode of payment then its taxation will be guaranteed and thus it will contribute to the government and treasure and economy directly.

[KingBit.io]

I do not believe that Bitcoin came to solve. Bitcoin came to revolutionize. We are now seeing institutions that already plan to use blockchain technology in their applications. This is revolutionary!

[dothebeats]

In part, yes, if bitcoin is utilized properly and volatility is already eliminated from the ecosystem. Bitcoin can act as a hybrid reserve which a country can use in times of crisis. Also, knowing that bitcoin can be accepted anywhere without the need to convert to a local currency, there wouldn't be much hassle in buying stuff across the globe as long as there are merchants willing to receive bitcoin as a payment. Through bitcoin's flexibility and nature, it can work as an excellent currency across borders, though just up to some extent.

[Labajah]

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,  probably bitcoin can be usefull to solve socioeconomics problems. Because for me their is nothing impossible in this world. As we see and observe we are now surrounded by different kinds of high technology. That before many people did not believe that it would come true, But now we are benefitted the evolutions of our high technology.

[cryptoalfs76]

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?

It a big  impact when cryptocurrency become created because its will help the socio economic easily to transact of buying there needs and wants in life,but in the side of helping the country only the importation and exportation of the products, of the different country would become  and popular and known by means of economic trading transaction.