Will crypto solve socioeconomic problems?

[South Park]

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!

If this is the case, then what's the point of wanting cryptocurrency to be a global virtual currency if it wouldn't help improve a country's economy anyway? Do you suppose using cryptocurrency will help only those who use them, and not really that same person's country? Do you think that maybe it was because the government doesn't acknowledge and accept the presence of cryptocurrency?

Bitcoin will help with some problems but only those that are created by the bad administration of the governments when it comes to fiat, everything else will remain the same, as we know a huge problem is that governments print their fiat whenever they need money and this means they create inflation but with bitcoin this will not be possible and that will help people a little bit.

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[Lumi3004]

Salama crypto is still a conversation from all circles of society or government, as currently cryptocurrency is one of the factors that many people enjoy investing in either Bitcoin or other coins, I am sure many people have succeeded in the economy at the timethis is what plays in crypto,so crypto has great potential to boost the economy of the general public.

[Febriana98]

I am very sure that the economic problems that continue to hit will be solved by the cryptocurrency, sometimes I ask about what is thought and feared by people who hate cryptocurrencies... if we learn and understand clearly and thoroughly the concept of concepts that cryptocurrencies offer, it will make us believe that cryptocurrencies are a way out for economic problems that continue to hit...

[devinks]

I am sure of that, because crypto has brought many people to success and changing economic problems that used to be difficult now have become better. crypto provides many benefits, so don't assume crypto is trivial and not good.

[oly4life]

I think it will but one thing that that needs to be done to actually get people introduced into what cryptocurrency is all about cos most people have that ideology that cryptocurrency is a get rich fast business which can actually be if people will be educated starting from the grassroot

[Vishnu.Reang]

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?

Satoshi didn't invented Bitcoin to remove socio-economic evils from this world. His aim was to create a currency which is outside the control of the central banks. Poverty eradication was not his aim.

[tanxpresisit514]

I am very sure that the economic problems that continue to hit will be solved by the cryptocurrency, sometimes I ask about what is thought and feared by people who hate cryptocurrencies... if we learn and understand clearly and thoroughly the concept of concepts that cryptocurrencies offer, it will make us believe that cryptocurrencies are a way out for economic problems that continue to hit...

Cryptocurrency may be a solution for countries that are facing financial problems such as high inflation. But to solve the problem as a whole socio-economic, I think cryptocurrency will not be able to, because it must be together with other stakeholders.

[andriarto]

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?

Satoshi didn't invented Bitcoin to remove socio-economic evils from this world. His aim was to create a currency which is outside the control of the central banks. Poverty eradication was not his aim.

even though its main purpose is for currencies, but with increasing users of bitcoin, prices have soared, so many bitcoiners are using it as an investment. So the state that legalized it first, of course, will prosper if many countries have used it

[princeyeboah]

Looking at the benefits of both cryptocurrency and the Blockchain technology, aside generating financial freedom and investment opportunities, cryptocurrency and the Blockchain also offer job opportunities to the people. With the help of crypto, most people are now working as bounty hunters, bounty managers, project developers, miners, traders etc. This is a good factor for boosting the socioeconomic status of a country.

[Cosbycoin]

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?

Ask yourself that question if it’s possible. Changing currency doesn’t mean that a country will get better or that someone will get rich. Even if all countries decide to start making use of cryptocurrency today, they will all still be worth their same value before they started making use of cryptocurrency. Cryptocurrency won’t make them rich or make things easy for them or whatever it is you might think.

[pedangrusak]

certainly crypto will keep the world population away from inflation caused by fiat and this is caused by monetary policy which is carried out as a balancing reason for economic activity. crypto will spur more developed and innovative business partnerships and can eliminate boundaries between countries because crypto is global

[heleng05]

It is a Big YES for me because it may help a person if he/she just make some effort in focusing his time to manage things about Crypto. As I noticed there are many people are becoming a better earners in the past years which is last year because they pursue and trying hard in making it happened and I think it can be happened to everyone if they just focus in doing it to their dreams.

[cahbagus555]

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 cryptocurrency regulated by government, crypto can be used for buying goods in merchant. I am believe that crypto will help country's economic because tourist industry must be growing

[Crafts12]

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 really help people in terms of financial problems. It has helped a lot of people be stable in having money. In my opinion, I think bitcoin or cryptocurrency may lessen the socioeconomic of some people but definitely not the entire socioeconomic problem of our world. It can help people buy goods and so on.

[ufaiz50]

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?

In fact, in my opinion, it is possible to solve some of the social economic problems that can, but the important role to change this is human resources, because for me, no matter how sophisticated the tools are or how easy the road is, if human beings do not want to change it so its nothing.

[malading]

Yes, any new technological revolution will solve many social problems, but at the same time it will also cause many social problems, which will only decrease in the long process. This is very similar to the first industrial revolution.

[rafi035]

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

[munareal]

The crypto coin is created to ease the payment method reduce transaction fees associated with conventional banks. It can be used to make purchases from any part of the world. It can be used to save a country economy like it is currently being used by one of the world riches producing oil that is now in recession

[bitgolden]

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?

Lol, did you just say everyone around the world? I’m not wishing for that to happen please, it rather remain like this. If everyone gets into cryptocurrency that will be a big problem, cause who will do the necessary works like nursing, engineering and the rest of them.

Cryptocurrency is meant for investors and not for everyone. And I think you can answer this question yourself by asking how much you have been able to achieve from cryptocurrency.

[fiomcorka]

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.