Will crypto solve socioeconomic problems?

[DAVETUN]

It will enhance the cyptocurrency space, as the trade volume will increase, thereby haveing a positive impact on the socieconomic value of an average citizen, just the way we have it in the stock exchange platform globally.

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[horrifiedx1]

It will enhance the cyptocurrency space, as the trade volume will increase, thereby haveing a positive impact on the socieconomic value of an average citizen, just the way we have it in the stock exchange platform globally.

but not entirely correct in my opinion. many investors lose money because of investments in cryptocurrency, so what happens actually worsens their personal economy, and results in a deteriorating global economy. we know that many new investors are panicking, so they are losing money because of that

[conected]

I think Crypto can help with economic problems that occur in every country. However, it should be noted if they can succeed at Crypto. If not, it will certainly suffer losses.

How can you say it will help the economics of a country? I haven't seen any reports so far that will verify that indeed crypto will help alleviate a nations financial burden. What crypto does is to help people, and give them more power to earn more money through investing and its up to them whether to purchase (purchasing power) or just store them in a wallet to maximise their profits.

Yes, crypto does help people and gave them financial freedom but if the government of each countries support crypto currency and assist the crypto community in pushing crypto forward, then crypto currency will literally solve the problems of economic once it manage properly.

- Agree that crypto helps us all get more income but its help is unstable, sometimes it can bring us a lot of money but sometimes it can still bring loss and damage to us, we have seen a lot of these situations and situations, making money through crypto is really not that everyone can. Very few people can become better with crypto, we should not let the success of a few people make us illusory about crypto, if it is really helpful and resolves economic problems, governments of countries have supported it very early, they do not need to wait until now.

[Janation]

It will enhance the cyptocurrency space, as the trade volume will increase, thereby haveing a positive impact on the socieconomic value of an average citizen, just the way we have it in the stock exchange platform globally.

but not entirely correct in my opinion. many investors lose money because of investments in cryptocurrency, so what happens actually worsens their personal economy, and results in a deteriorating global economy. we know that many new investors are panicking, so they are losing money because of that

Doesn't mean that they are panicking, that means they are losing money.

Not all of these investors are putting all of their money into Bitcoin or other cryptocurrencies. We all know how risky it is to invest on cryptos and I think a lot of investors know that the reason they are also being careful. The price of Bitcoin and other cryptocurrencies recovered a bit but I don't think it will continue, they should take advantage of that for now. Patience is a virtue as they said it.

[sirminesalot]

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 could have happened without anyone being able to know for certain the times and technology if crypto could indeed improve the living standard and economy of these investors and certainly be able to overcome and resolve economic problems

[G2z_Riya]

Bitcoin is a payment solution. In other way it is an value storage platform which gets used on different ways I don't find anything in it that has got the potential to solve socioeconomic problems prevailing around the globe.

[ovcijisir]

I believe that liquidity of cryptocurrencies is much bigger then regular fiat.

This can help to employ people from other sides of the world and thus making differences in wealth smaller.

[kamilah147]

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 if the kripo currency is managed well and investment properly I think it can overcome new economic problems and will open up many new jobs and of course for economic development

[greeklogos]

Crypto may solve social economic problems only in concrete cases, I mean not for all people. Bitcoin never be stable, let's admit that. So people, who will be able to trade it effectively will solve many of their economical problems and generally will be more wealthy. That's our present. But in future - I really do not know.

[dongyi17]

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, IF the government accept cryptocurrency as their currency and give taxes to all transaction to made, like you buy goods to any store and pay bills. But I dont know if this happen, because no one can manipulate blockchain even the government,, yes they can banned cryptocurrency in their country but control it,, its to hard.

[Commitments]

Will be crypto could solve socioeconomic and could be best solution how to help people get profit with bitcoin and altcoin, many time people could get profit with trading or using bitcoin as their payment transaction.

[chrisculanag]

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, IF the government accept cryptocurrency as their currency and give taxes to all transaction to made, like you buy goods to any store and pay bills. But I dont know if this happen, because no one can manipulate blockchain even the government,, yes they can banned cryptocurrency in their country but control it,, its to hard.

Thats true crypto is uncontrol but i think someday government can fix that , government need more information about the cryptocurrency and know more the uses of this or the important of this if accepting this. Maybe the crypto is successful in the future.

[sempak]

Will be crypto could solve socioeconomic and could be best solution how to help people get profit with bitcoin and altcoin, many time people could get profit with trading or using bitcoin as their payment transaction.

indeed many people get a positive impact with the presence of cryptocurrency. they can benefit from investment or payment. can be said that cryptocurrency currently has a positive impact on the market.

[bison]

Will be crypto could solve socioeconomic and could be best solution how to help people get profit with bitcoin and altcoin, many time people could get profit with trading or using bitcoin as their payment transaction.

indeed many people get a positive impact with the presence of cryptocurrency. they can benefit from investment or payment. can be said that cryptocurrency currently has a positive impact on the market.

many people use cryptocurrency as their place of business and a place to develop new technology and can be used to make transactions or be a solution to various problems that can be handled using cryptocurrency.

[LUCKMCFLY]

Will be crypto could solve socioeconomic and could be best solution how to help people get profit with bitcoin and altcoin, many time people could get profit with trading or using bitcoin as their payment transaction.

indeed many people get a positive impact with the presence of cryptocurrency. they can benefit from investment or payment. can be said that cryptocurrency currently has a positive impact on the market.

many people use cryptocurrency as their place of business and a place to develop new technology and can be used to make transactions or be a solution to various problems that can be handled using cryptocurrency.

For many people, not only solves their lives, many live of cryptocurrencies, mostly to trade the movements of Bitcoin and react favorably to the other Altcoins.

However, for those people who do not have a very high Financial Education, they can make mistakes that can be very expensive, and instead of solving them, they can get rid of them. This is a market that is moved by many people in the world, some are experts of years, with experience in the Stock Market, others are Millionaires and some Intituciones of a lot of money, it is like getting into a jungle where anything can happen if not you know how to take good care.

[Latviand]

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?

Cryptocurrency have help a lot of people interms of financial problems in life and they are now have the ability to support their daily needs thanks to crypto. So i think cryptocurrency can also help socioeconomic provlems because it helps to reduce unemployed people in a country.

[poldanmig]

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

At present the crypto currency is still for individual or group profits and for what country can it occur while the government still prohibits crypto currency for direct transactions and in other words the crypto currency has not been fully inaugurated by the government as the applicable currency

[iMark]

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 could have happened without anyone being able to know for certain the times and technology if crypto could indeed improve the living standard and economy of these investors and certainly be able to overcome and resolve economic problems

Of course, financial benefits will be obtained as an investor. of course we get economic benefits. cryptocurrency clearly has an effect
on the world and the economy of society. don't need an in-depth explanation about this, everyone knows that

[AniviaBtc]

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. Cryptocurrency can help to solve socioeconomic problems because it can help people who do not have any source of income, so it can reduce unemployed people in a country. Cryptocurrency is really helpful when it comes to financial problems, that is why it is also helpful to the economy.

[Haxor321]

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?

Cryptocurrency have help a lot of people who does not have any source of income, so they could provide the basic needs of their family. And I think crypto can really help socioeconomic problems like poverty, corruption, unemployment and lack of funds.