REAL WORLD PROBLEMS AND BITCOIN

[khaled0111]

Is it supposed to solve world's problems!! I don't think so.
Bitcoin is just another way of payment.
Blockchain technology may offer some solution to make our life better and easier if we use it well.

[Assface16678]

Transfer issues. Bitcoin is making peer to peer transcation very stress free and cheap. From your wallet you can make transfer of bitcoin to the receivers wallet irrespective of the location of the two parties and there is no involvement of a third party

I agree. As I have watch a documentary, it focuses on discussing what the bitcoin can provide and not the fiay can give. One of this is the anonymity of the users in which every transactions are private, and you can you transact without even mindng the outside factors.

[airdagon]

world problems are economic poverty, and the solution is bitcoin, in fact, many people have an economy better than before with bitcoin.
Bitcoin has reached its peak in 2017, and I'm sure some people become millionaires when they still hold Bitcoin.

[creeps]

Is it supposed to solve world's problems!! I don't think so.
Bitcoin is just another way of payment.
Blockchain technology may offer some solution to make our life better and easier if we use it well.

Technically not to solve worlds problem but yeah its more on providing a transparent service, a way faster to transact globally and to give us a chance to generate profit. This technology can really help one’s economy so hopefully more countries will see this kind of opportunity, and accept cryptocurrency.

Bitcoin could remove such things as Western union forever. It's fast and cheap and it could to make life of many people cheaper and easier, especially those ones who send money abroad oftenly.

This is very specific, and I think many businesses are already feeling the threat and this is why they are helping the government to critizised this market, well they will not succeed for sure.

[White Christmas]

Is it supposed to solve world's problems!! I don't think so.
Bitcoin is just another way of payment.
Blockchain technology may offer some solution to make our life better and easier if we use it well.

I agree, bitcoin was not made to solve the problem of the world. It was just a currency like fiat and USD. Maybe bitcoin can help at some point especially when it comes to financial need. We all know that bitcoin has a high value which already helped maby people to become rich. Bitcoin cannot directly solved world problem, the people who can solve it was us, human being.

[Harrisonimo]

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

I can say categorically that bitcoin/cryptocurrency has really helped in solving the global problem of unemployment and financial/economic recessions. I know quite a lot of persons that got a boost through the help of their involvement in cryptocurrency. If not for the present dips in the bitcoin, quite a lot more would have been helped out of penury.

[zolfa]

Bitcoin has a different system from the bank, the blockchain creates convenience, security and lower costs, even, there is no administrative fee to store our assets in Bitcoin.

the main problem is the government has chosen to reject bitcoin and not make regulations.

[andylioe78]

Bitcoin makes peer to peer transactions very free and cheap, Bitcoin transfers money directly without relying on third parties, Bitcoin doesn't need to fill in many forms.

[marcbitcoins]

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

If you are in the government, Bitcoin help to reduce the unemployment in which the most common problem of all nations. That if the unemployment will be reduce then of course the purchasing power of the people will increase and will become strong making the economy of the nation to become strong and stable too.

[GreatArkansas]

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

Financial transparent. Because most of people now are corrupt specially in the government, and it will also help all people to have their own bank on their own pocket, they don't need to go to bank just to send money or payment to anyone, bitcoin will help us on our daily lives.

[Aramazdi]

Bitcoin is giving you scope to transfer money directly without depending on any 3rd or 4th parties, the transactions are fast, and very cheap. Also, you don't need to fill a bunch of bullshit forms and waste your valuable time on those.

the reality that happens in countries that are not yet modern or not yet developed, how to buy and sell they are still manual, cannot use banking services, so in every country the bitcoin problem is always different, so bitcoin in the real world still cannot meet the business needs of buying and selling throughout the world. but if in developed countries, bitcoin is very petrifying in the business of buying and selling, especially in terms of payment.

[thuat86]

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

Initially, bitcoin was born to be a digital currency. However, I think now it is most likely an asset, a store of value like gold. Thus, bitcoin can solve the problem of value transfer on the internet with no middleman, no border, small fee and fast transaction in compared to money bank-wire. In the case of payment, bitcoin can server as a very cheap solution regarding big amount, for instance, car, house, etc.

[SUDARMONO]

I think this is very good with the delta project, and I'm sure it will have a beneficial impact on everyone who follows it, and I really like this project.

[burky155]

The biggest thing for me with the bitcon is international money transfers and i believe that it did solve the very big problems. You can avoid the banks or middleman in your transactions and you save your money. Also you can stay anonymous when you send bitcoin, this is very important too.

[jake zyrus]

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

You're right some countries in the world did not trust and believed in bitcoin this is one problem in the world of cryptocurrency. If all countries around the world believe and trust in bitcoin I think the all investor's become more successful and bitcoin become international currency.

[bitfocus]

Transferring money lightning fast and super cheap, - now I can pay or receive my payment super cheap, cross border and without having to be on my heels for forms, red-tapes etc.

[bbcolex]

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

There's alot of question circulates about bitcoin solving real world problems , we can also find some good articles about it. For me one solution bitcoin does is you can easily transfer money via Bitcoin to another entity in different part of the world and it's fast , cheaper than any remittances.

[Cheezesus]

Hassle free secured transactions. Also we might use it for traveling, buying souvenirs from different countries, and etc in the future.

[jeantyo1]

Elimination of any intermediaries for making transactions. You don’t need a bank account accompanied by a bunch of papers to store coins. Bitcoin allows transferring money to anywhere in the world faster and almost for free. You are the only one who has an access to your money and nobody can tell you how to manage them. It gives financial freedom by reducing the barriers to entry and increasing the amount of potential users.

[[ProTrader]]

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

The problem that solve by Bitcoin is the intermediary of the government and the banks. More efficient and cheap cost of transaction and transparency of the transaction where everybody can check the transaction in the Blockchain.