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Author Topic: Bitcoin can less the unemployment rate?  (Read 16352 times)
onrise
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January 31, 2019, 05:29:17 AM
 #141

If we take as an example Venezuela, or various African states - in which bitcoin is actively used, then at the moment I cannot say that the use of bitcoin has led to a significant reduction in poverty, although this may happen over time. But at the moment I cannot say that this somehow had a positive effect on the economy of these states.

With the use of Btc or other crypto people who are unemployed have got a source of income to earn and this is helping them as they are becoming self depended and do not have to worry about getting job . Also this is helping the government to get extra tax from such people too .

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January 31, 2019, 06:12:23 AM
 #142

If we take as an example Venezuela, or various African states - in which bitcoin is actively used, then at the moment I cannot say that the use of bitcoin has led to a significant reduction in poverty, although this may happen over time. But at the moment I cannot say that this somehow had a positive effect on the economy of these states.
Economic problems in their countries are very large you know, the problem is not just unemployment but their human resources, their knowledge and many others. Moreover, bitcoin does not grow rapidly there. of course, the effect is very small if seen on a national scale
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January 31, 2019, 12:40:48 PM
 #143

If we take as an example Venezuela, or various African states - in which bitcoin is actively used, then at the moment I cannot say that the use of bitcoin has led to a significant reduction in poverty, although this may happen over time. But at the moment I cannot say that this somehow had a positive effect on the economy of these states.
Economic problems in their countries are very large you know, the problem is not just unemployment but their human resources, their knowledge and many others. Moreover, bitcoin does not grow rapidly there. of course, the effect is very small if seen on a national scale

And it's not  bitcoin's problem basically. Unemployment will be solved if the country's government would do a decent job in providing constituents with livelihood. Doing campaigns and bounties is not considered employment.

 
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January 31, 2019, 12:45:38 PM
 #144

If we take as an example Venezuela, or various African states - in which bitcoin is actively used, then at the moment I cannot say that the use of bitcoin has led to a significant reduction in poverty, although this may happen over time. But at the moment I cannot say that this somehow had a positive effect on the economy of these states.
Economic problems in their countries are very large you know, the problem is not just unemployment but their human resources, their knowledge and many others. Moreover, bitcoin does not grow rapidly there. of course, the effect is very small if seen on a national scale

And it's not  bitcoin's problem basically. Unemployment will be solved if the country's government would do a decent job in providing constituents with livelihood. Doing campaigns and bounties is not considered employment.

Yes .  the development of a country starts with their leader   .  his the only one that can help lessen the unemployed people if he can provide stable jobs  .  this is easy to do because a leader has a lot of connection and had a lot of funds  but i dont understand why cant they just provide enough jobs ?  

This is the reason why most of us are now depending only on bitcoin because bitcoin can provide more jobs and it does help reduces unemployement rate because anyone are welcome to work online without restriction or requirements , whatsoever .
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January 31, 2019, 02:43:01 PM
 #145

I think I also agree with you it can less the amount of unemployed people who can't get a better job to work in their country. And as I noticed in some countries their are now getting more interested in using it in their business like here in my country some of establishments are now accepting bitcoin as a payment for customers buyer items.
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January 31, 2019, 02:50:33 PM
 #146

Do you believe that the adoption of bitcoin in every country can less the unemployment rate? As what I have observed most of the countries right now are accepting bitcoin as a payment method. Is there a possibility that crypto will be legalized and become as a legal job also?

I believed in the near future crypto will be legalized but as a legal job I don't think so. Because so far we all know that there are lot of bounty hunters are looking for the legit or good ico campaign. But at the present time now its really hard to find a good campaign because there are lot of campaign were most of them in the end they never give any payment. Even sometimes the campaign ended up with a successful result it seems that its hard for them to give payment to all their bounty participants and yet they've collected millions of dollars.
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January 31, 2019, 03:01:33 PM
 #147

Somewhere... Crypto industry allows to create new working places but at the same time it could ruin the demand on traditional jobs. So, everything in the world is balanced and it will be perfect if Blockchain technology will solve this problem!

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January 31, 2019, 10:27:04 PM
 #148

if things like 2017 maybe I believe if bitcoin can reduce unemployment because in 2017 many people get rich because of crypto but for now those who want to join, especially just being "bounty hunter" is very difficult to earn here

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February 01, 2019, 02:48:17 AM
 #149

Somewhere... Crypto industry allows to create new working places but at the same time it could ruin the demand on traditional jobs. So, everything in the world is balanced and it will be perfect if Blockchain technology will solve this problem!

So crypto industry can give all people a new opportunity to get a job, and it means, they can get a new way of income. I hope that this will happen in the future as we see right now, many people having a problem to search for a job. And with the present of cryptocurrency, this will solve their problem so they can have an income like other people. And searching for a job in cryptocurrency will help to reduce poverty in that country too because they can have an income from the cryptocurrency.
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February 01, 2019, 01:45:38 PM
 #150

Adoption of cryptocurrency will undoubtedly create huge opportunities for employment. Like being a front end developer or back end, even costumer service representative for the blockchain company. It might not end poverty per se but it will significantly help.

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February 01, 2019, 02:40:44 PM
 #151

I think it's true that bitcoin can reduce the unemployment rate because bitcoin can provide results that can be used to meet daily needs. But it will be even better if we are not too dependent on bitcoin because we cannot predict how bitcoin will be in the future.
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February 01, 2019, 02:41:27 PM
 #152

Adoption of cryptocurrency will undoubtedly create huge opportunities for employment. Like being a front end developer or back end, even costumer service representative for the blockchain company. It might not end poverty per se but it will significantly help.
I think bitcoin can reduce unemployment, with a lot of work on bitcoin, we can make money, even though there are a lot of disappointments that occur, many campaigns whose prizes are not as expected. but with hard work I think it will have results

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February 01, 2019, 02:45:23 PM
 #153

It might be hard to lower unemployment but people adopting bitcoin will definitely benefit from not having hyperinflation. They might not have many places to use their coins but it will be a safe haven for them. Also with more people wanting to pay in bitcoin online, people in second or third world countries can start accepting them for their services much like a fiverr.
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February 01, 2019, 02:49:31 PM
 #154

Adoption of cryptocurrency will undoubtedly create huge opportunities for employment. Like being a front end developer or back end, even costumer service representative for the blockchain company. It might not end poverty per se but it will significantly help.
I think bitcoin can reduce unemployment, with a lot of work on bitcoin, we can make money, even though there are a lot of disappointments that occur, many campaigns whose prizes are not as expected. but with hard work I think it will have results
It would be more appropriate to say that Bitcoin can reduce poverty more than unemployment. Many people are officially unemployed but have enough money for living due to their cryptomarket activities.

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February 01, 2019, 05:37:29 PM
 #155

Do you believe that the adoption of bitcoin in every country can less the unemployment rate? As what I have observed most of the countries right now are accepting bitcoin as a payment method. Is there a possibility that crypto will be legalized and become as a legal job also?
unemployment is created because of the lack of jobs compared to the number of workers who are ready to work with crypto currency investments, the possibility that people no longer need to find a place to work or companies that employ them with crypto currencies can invest according to our wishes and beliefs practically and without conditions the absolute

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February 01, 2019, 05:44:46 PM
 #156

Yes, bitcoin will not save from unemployment. Do you yourself know what you are asking? The only thing that cryptocurrency can give is an opportunity. Or rather, the opportunity will rise on the cryptocurrency rate. But for this you need to have capital.
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February 01, 2019, 08:57:44 PM
 #157

I don't think bitcoin or crypto currency has anything to do with employment rate. I actually don't see any connection between them at all. People might say they can work from one place and get paid from another place. Well, this was possible before with other forms of digital payment. If you are talking about signature campaign payment or bounty hunting, than let me tell you one thing, those are not a form of job.

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Defender3301
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February 01, 2019, 09:36:37 PM
 #158

Bitcoin and unemployment? Show me the link and I will tell why it is not there. Bitcoin - cryptocurrency, resource, technology. Unemployment is caused by the absence of jobs. People become more, and there are no places.
andika2018
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February 02, 2019, 07:49:23 AM
 #159

Do you believe that the adoption of bitcoin in every country can less the unemployment rate? As what I have observed most of the countries right now are accepting bitcoin as a payment method. Is there a possibility that crypto will be legalized and become as a legal job also?

Unemployment rates can drop depend on government stimulus or regulation beside bussiness climate. I dont think if bitcoin regulated by government will decreasing unemployment rates because bitcoin is just an asset like stocks or gold.
lovesybitz
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February 02, 2019, 10:28:02 AM
 #160

Still can't  reduce unemployment rate because bitcoin value is not stabel so that you don't  have permanent salary but bitcoin always taking a risk this can't  reduce unployment in our country. Bitcoin is help for part time only but you need to find an stable job for you to have back up on profit.

It is true that the present value of bitcoin is not that stable yet, but it has a capacity and capability to lessen the unemployment. Because I am one of the unemployed people before, and now I'm getting profit anyhow more than the salary I got in my job event the market so far is down but still it gave me helped to sustained all my expenses daily.
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