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Author Topic: REAL WORLD PROBLEMS AND BITCOIN  (Read 998 times)
Michael_Cox
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October 27, 2018, 02:20:29 PM
 #21

I agree with everyone else. The number one problem that bitcoin solved is the eradication of middleman, plus the ease of transaction. It's faster than banks. That's the biggest thing bitcoin has solved.
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October 27, 2018, 02:45:40 PM
 #22

What real world problem is bitcoin solving rn? and to what extent?

Nothing for now. Bitcoin tends to help some people over their financial problems since it can give you a lot of money in a short time, but for now that is the only thing Bitcoin can do.
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October 27, 2018, 04:06:38 PM
 #23

We know that BTC is a decentralized currency which is easy to use or transfer money to the other person. BTC via Blockchain is quite useful platform. BTC investors get facilitate via blockchain platform. 

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October 27, 2018, 04:14:01 PM
 #24

What real world problem is bitcoin solving rn? and to what extent?

Real world problem now is poverty and no jobs of many people which makes people are very poor now.Bitcoin also poor now which makes all bitcoiners have big loses.Crisis is now all over the world that mAkes all countries now is in very critical of finances.
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October 27, 2018, 04:43:42 PM
 #25

Bitcoin is giving you scope to transfer money directly without depending on any 3rd or 4th parties, the transactions are fast and very cheap. Reliance on an incompetent government that has no idea how to manage the economy. Bitcoin is making peer to peer transaction very stress free and cheap.
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October 27, 2018, 05:05:21 PM
 #26

bitcoin is almost the same as real life, we both need each other and are needed, unfortunately bitcoin in my country has not been ratified even though many are interested in bitcoin in my country.
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October 27, 2018, 05:08:11 PM
 #27

What real world problem is bitcoin solving rn? and to what extent?

Real world problem now is poverty and no jobs of many people which makes people are very poor now.Bitcoin also poor now which makes all bitcoiners have big loses.Crisis is now all over the world that mAkes all countries now is in very critical of finances.
Yes, everything in the world is not as good as we would like, but with the advent of Bitcoin, we hope that this world will become a ray.
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October 27, 2018, 05:35:01 PM
 #28

Paper money can sometimes become a pain in the ass. Be glad we have bitcoin on top of having plastic money issued by banks. Bitcoin gives me the liberty to send value to a different country without the need of forex and stuff like that.
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October 29, 2018, 06:20:59 PM
 #29

The abilitity to transfer funds without the intervention of a middleman is entertained by Bitcoin. Bitcoin also eliminates the need for a centralized space for transaction. Transcations can take place in a p2p platform very easily.
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October 29, 2018, 06:21:38 PM
 #30

Bitcoin is helping and dealing with many real life problems. Like improving the livelihood of people where it is legal, not needing any middleman in transaction as it is p2p, and also helping to transfer fund from one place to another easily and fastly.
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October 29, 2018, 06:21:59 PM
 #31

Bitcoin is helping to get rid of the third parties. You are controlling your own money and you can do whatever you want. Also easy and fast transaction help a lot.
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October 29, 2018, 06:23:39 PM
 #32

Plenty of them if you observe. Cheap money transfer for any amount is bitcoin's thing. It also provides effortless sercure transaction which is why people are attracted to it.
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October 29, 2018, 09:55:47 PM
 #33

What real world problem is bitcoin solving rn? and to what extent?
Bitcoin solves the problem of eradicating corruption and creates an unprecedented level of trust between unknown people.It is also natural with Bitcoin that transaction speed is very low and (at the moment) transactions conducted between Bitcoin owners are anonymous.



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October 29, 2018, 11:57:03 PM
 #34

bitcoin is not trusted in many countries in the world, and maybe if bitcoin can be trusted in all country in the world, bitcoin can be the international currency. this is the biggest problem in bitcoin for right now

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November 04, 2018, 05:54:24 PM
 #35

What real world problem is bitcoin solving rn? and to what extent?
The problem with bitcoin in this real world is its acceptance world wide as bitcoin is a decentralised crypto currency and thus there is no proper authentic regulating body over bitcoin and this thing is use by many social defaulters as since bitcoin transaction does not involve any third party seizure even so many people use it in selling drugs, explosives, money laundering and many more and this is the reason why most of people and countries are in against of bitcoin and the probable solution to the problem is the legalisation of bitcoin world wide.

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November 04, 2018, 06:20:09 PM
 #36

The problem is that there are still many people who don't understand bitcoin, so that it considers bitcoin more risky than its benefits. Bitcoin is full of benefits, bitcoin can simplify financial management and can also be a safe transaction path.

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November 04, 2018, 06:23:23 PM
 #37

Frankly speaking, real world problems and Bitcoin is it usability in the real world. Bitcoin has many problem to solve in the real world but has not solved some major problems faced by the world. The problem of use case use,use Bitcoin to buy gift card and many more are some real world problem to be solve by Bitcoin which are yet to be seen.

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November 04, 2018, 06:27:01 PM
 #38

In my opinion the world many countries getting to problems about Bitcoin. Actually now is running many countries do not accept bitcoin.they are don't believe them bitcoin.but we know Bitcoin is the good currency to get quickly profit anytime.fast transaction money to many online business sports.extra online jobs trading, invest etc lot of good opportunity to given us Bitcoin.
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November 04, 2018, 06:54:35 PM
 #39

Indeed there are still many who debate the real world and bitcoin, even though when viewed the benefits are very good. Some people already know a lot about bitcoin and its advantages, it's just that its understanding is still unacceptable because of less observant thoughts.

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November 04, 2018, 10:51:16 PM
 #40

I don't see any problem for btc right now as there are more advantages btc can offer to the investors. Payment transactions are more convenient and faster with lesser fees. Security of your investment is more secured where you could also transact peer to peer transactions. It can make a good return of investment if invested in long term.

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