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Author Topic: Bitcoin can less the unemployment rate?  (Read 16352 times)
lienfaye
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March 09, 2019, 11:26:02 AM
 #201

Do you believe that the adoption of bitcoin in every country can less the unemployment rate?
Well bitcoin is just a tool, the user itself is the only one who can lift himself to whatever agony he has. So if you are a hard worker and striving to achieve your goal then this is possible.

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?
Currently bitcoin adoption here is somehow progressing however I dont see for now if the government will push the legalization of bitcoin, 2 years ago they warned the investors to be careful in cryptocurrencies because of the scam incident that's happening at that time.

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March 09, 2019, 11:27:12 AM
 #202

In terms of reduction, of course, it can be done with a lot of jobs being a side here. become a trader or become a bounty hunter. there is still a lot more work to be done now
So you can survive your remaining life being a crypto trader and bounty hunter?

IMO,no you need to have some sort of job which can give your permanent earnings or you need to have some other assets which is giving constant monthly income for you so you can be a full time crypto trader.

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March 09, 2019, 11:53:54 AM
 #203

Maybe but not so big because until now there are also many who feel disadvantaged due to cryptocurrency especially the participants of the bounty campaign, they get a lot of losses due to the scam projeck

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March 09, 2019, 01:46:21 PM
 #204

maybe it could be, but for myself, that can reduce the unemployment rate is the system, such as the existence of crypto coin trading, investment and free income such as joining a campaign bounty

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March 09, 2019, 02:07:32 PM
 #205

Maybe but not so big because until now there are also many who feel disadvantaged due to cryptocurrency especially the participants of the bounty campaign, they get a lot of losses due to the scam projeck

That is the reason we really need to be careful. There are a lot of people that will be taking advantage of us wanting to earn. Also, these days, there are a lot of things that can be earned just by accessing the internet. If we can just explore the internet, you can discover new things to earn money. If you are knowledgeable and skillful, it might be a way to make yourself rich.

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March 09, 2019, 02:22:53 PM
 #206

Yes, I agree with this. With us joining this forum, we will have a little income by only having a handheld cellphone, and even become millionaires by using our abilities. with no capital we will get additional money by participating in a signature campaign.
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March 09, 2019, 02:31:05 PM
 #207

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?

It can less unemployment rates because bitcoin can help unemployed people to earn,we can see that many Establishment now is accepting bitcoin as their payments it is a good sign to us that bitcoin can dominate in the future and can create many job opportunities to everyone.
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March 09, 2019, 02:36:51 PM
 #208

BTC only has to allow trade and enable business and increase efficiency and availability to justify itself as a currency.   If its allowing for more trade and business to occur, comparative advantage comes into play which is where the cheapest product of one country or people is made available to those with a higher price and demand for that product.

Both parties benefit and it can be said that BTC enabled trade and increased employment with that trade.   I cant say how often this occurs and critics will say FIAT already covers every scenario but I would disagree on the point of growth especially digitally which is where BTC fits best.

The answer to the question is yes but its harder to say how much is this effect in play

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karanggatak
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March 09, 2019, 04:45:27 PM
 #209

in my opinion bitcoin can indeed reduce the number of unemployed. because besides being a bitcoin currency can be used as a trading tool and also with the bitcointalk we can work on bounty campaigns and make it work. but bitcoin is not the best solution to reduce unemployment. the government must work hard to provide jobs for unemployed people.

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March 09, 2019, 05:21:47 PM
 #210

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?


Bitcoin is another way to earn better but we can't rely everything on it because it isn't stable. It's still better to find a decent and stable job rather than entrusting everything in crypto. We should still find some ways to earn better especially now that the market is down.
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March 09, 2019, 08:49:30 PM
 #211

I disagree if crypto is a major job because here payments and salaries are very uncertain, except for those who are already tied up in the company, but for people who are mostly traders, airdrop hunters and campaigns are not suitable when calling main jobs, about reducing unemployment can indeed but it is not enough to succeed here
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March 09, 2019, 11:59:36 PM
 #212

As I noticed in this kind of field it can be easy to a person to learn more about the rules and regulations here that can give them a better idea. That's why giving a better job for them here is a better way to lessen the unemployment rate in any country just to be sure they know how to use the dialects.

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March 10, 2019, 12:05:04 AM
 #213

Bitcoin is another way to earn better but we can't rely everything on it because it isn't stable. It's still better to find a decent and stable job rather than entrusting everything in crypto. We should still find some ways to earn better especially now that the market is down.

I agree with that.

People are over-relying on the volatile state of Bitcoin and other cryptocurrencies but we should not since that is a risk and as an investor, we should always lessen the risk that we take. We should also base our profits on stable movements like metal assets. If you don't have that enough money to invest, try to find other stable jobs that can give you stable income.
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March 10, 2019, 12:22:24 AM
 #214

In terms of reduction, of course, it can be done with a lot of jobs being a side here. become a trader or become a bounty hunter. there is still a lot more work to be done now
I do not agree with you. If Bitcoin intervenes in the finance system, the workplaces will be reduced if the banks are not needed. Bounty hunters will not be needed as time goes on, and it is not a job. Trade is always there and will always be.
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March 10, 2019, 01:04:22 AM
 #215

I prefer to use crypto over Bitcoin. Right now, the spreading of the word about crypto is getting fast. Start-up crypto companies have sprouted one after another. That means there will be a demand of coders, programmers, marketers, and so on. That means job. Offices will be built. Products will be released. All in all, there will be a demand for workers. And so somehow it will lessen unemployment.

 
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March 10, 2019, 02:01:00 AM
 #216

If Bitcoin will be regulated all over the World then it can reduce unemployment rate, Because everyone can work Online with cryptocurrency special those IT graduates. It is not always late to try Bitcoin. But i still prefer to have a regular job and doing Bitcoin at the same time.
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March 10, 2019, 03:13:24 AM
 #217

not a guarantee, because bitcoin investment is also up and down (can make the rich become poor) if not with a good strategy in this bear market situation. I think everything needs a process, where the market can continue to rise and the bounty campaign can run well.
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March 10, 2019, 12:10:25 PM
 #218

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'm currently employed right now and also participating on bounty programs but I cannot convert my altcoins into fiat that I earned from the campaigns due to low price because of the bear market. All of the money that I'm using right now is from my regular job and I think that explains that cryptocurrencies cannot lessen the unemployment rate because of its high volatility.
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March 10, 2019, 12:21:30 PM
 #219

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?
Did you mean that the bitcoin provides jobs for people?.
 Or does it improve the economy? Certainly, the countries that allow bitcoin are developed countries and the unemployment rate is low.
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March 10, 2019, 12:49:46 PM
 #220

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?
How can legalizing bitcoin lessen the unemployment rate? from what you have said it is now being accepted as mode of payment but how can it provide jobs to people? in what way?

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