Will crypto solve socioeconomic problems?

[Wall_Streeet]

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

[sublime5447]

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.

[Impulseboy]

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?

[laracastvue]

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.

[Yramesor0]

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.

[CPetersson]

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

[hahay]

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.

[jak3]

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]

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.

[Ethreyes]

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...

[cryptocurrencyguru]

cryptocurrencies is the future financial economy for any country it will definitely make their way for wealthy follow for citizens as investors and merchants

[Dimon8]

Crypto will solve the problems of those people who created and create crypto-currencies.

[nokat]

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.

[stephanirain]

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.

[Semosuchi Tesongrato]

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.

[kenlyresuello08]

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

[Gabb]

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.

[Leocrypto da Vinci]

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.

[Underlord]

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.

[Neraj Evad]

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.