Bitcoin can less the unemployment rate?

[Crypto24hrs]

Bitcoin injects capital into world economy, a lot of jobless persons are using bitcoin trading as their major source of income, so directly or indirectly bitcoin is reducing the world unemployment rate and if it is generally accepted as an acceptable means of payment i believe more investment opportunities will arise for every one.

[Ranly123]

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?

What job do you mean? Does Bitcoin have companies? I don't think it could help minimize the unployment rate of a country because Bitcoin is just a currency and not a company.

[AjithBtc]

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?

What job do you mean? Does Bitcoin have companies? I don't think it could help minimize the unployment rate of a country because Bitcoin is just a currency and not a company.

Agreed, another thing it has got multiple usage access in the form of currency, tradable asset, and in various other forms. Nowhere it provides with a job, as the market of cryptocurrency is fluctuating people try to earn through the difference between time. In this way it isn't gonna lessen the unemployment prevailing around the world.

[amonymous]

I accepted bitcoin as a second job and It can be said that it is my extra income source.Bitcoin has not yet been accepted in many countries because they are still marked with it.
Bitcoin is still managed as unemployment rate in these countries.i still believe them Bitcoin is a good currency and this is not a company.

[Activitycoin]

I think Bitcoin is not a magical object that would give you a profitable repository of jobs.so bitcoin can not change unemployment rate but it can be change Profit margin.People are always gentle inside trading and investing with the bitcoin.

For me it si more than magic the price rises very high with time but this time, is made some other progress which is no employment issue and providing jobs, there is are so many people I know were sad for not having any source of income but after invention of bitcoin people got new opportunities of earning money and improving their life style.

[kodtycoon]

it depends on how the community responds to bitcoin, if every unemployed in every country has a good enthusiasm and outlook on bitcoin then of course bitcoin will become another income for those who basically earn profits from this industry can still be done by utilizing the skills they have

[CTRLX]

Many people spend their time on bitcoin to make money, they accept btc trading as their job. I think for now it is very obvious that Bitcoin helped many people to make great profits but i’m not sure if we can tell it’s reducing the unemployment rate. It’s not that simple.

[jakoylantern]

For me, it depends on the people, but it thinks yes, it can lessen the unemployment rate because bitcoin or another cryptocurrency can truly become or an excellent way to earn and gain some money. Also, some people become a millionaire with the help of bitcoin. But like I said it depends on the person because sometimes people use it as a part-time job to earn and to learn about cryptocurrency like me. 

[Boh manok]

I think this bitcoin has no effect with unemployment because this bitcoin is a digital currency and investment place, but if this bitcoin forum can help reduce unemployment because the unemployed can work on some of the gifts available in the bitcoin forum so they get a pretty large income

[blockchainwriters]

bitcoin and allied industries can lower the unemployment rate and can provide various employment opportunities if crypto currencies are allowed legally in merchant stores

[Shinpako09]

Definitely can lessen the unemployment rate but people should know that they need to have a consistent way of earning otherwise they'll end up having a unstable earning and it's not good for a man with family. As long as you are earning continuously, you can stay and be full time if not, much better if you treat crypto as side line.

[slashz9]

because of the popularity of bitcoin and also the expensive price, some people make it as their source of income, in this sense it becomes a separate job, and not a job created but created by itself.
maybe there are some companies that give salaries through Btc but that in my opinion has got an agreement from both parties.

[Janation]

bitcoin and allied industries can lower the unemployment rate and can provide various employment opportunities if crypto currencies are allowed legally in merchant stores

How will that work?

If you have a Bitcoin you can be employed by that merchandise? Is that it? Even if cryptocurrencies are legal to countries it will not lessen the unemployed individuals unless they have the money and they can invest in Bitcoin. Unemployed or employed, as long as you invest, that is how will Bitcoin help people and also some transactions.

[darkmo4]

If a person does not want to work, he will not be forced to do it for Bitcoins.

[indrakusumaindra]

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?

Well if we talking about a job that would open cause of bitcoin i do think yes job like bounty program would help some people who are intrested in crypto and love to invest in crypto. But still i think it would not solve the unemployment problem at all cause what i see is the more people joining the bounty the less the reward is.

[geegaw]

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?

Well if we talking about a job that would open cause of bitcoin i do think yes job like bounty program would help some people who are intrested in crypto and love to invest in crypto. But still i think it would not solve the unemployment problem at all cause what i see is the more people joining the bounty the less the reward is.

You are understanding very accurately about this issue, bitcoin cannot solve the unemployment rate even though it actually creates some jobs because jobs like investment, trading and bounty campaigns, these are risky jobs, and income is generated based on the knowledge and skills of participants. And I am sure people always know the talent and skills they have, understand the risks in bitcoin, and usually, they will have a stable job before joining crypto and bitcoin, unemployed people will not dare to choose bitcoin as the main job unless it is unstable for their lives

[Seeker#9]

Bitcoin can't lessens unemployment in a country unless people get employed with fintech companies that uses blockchain or bitcoin in their business. Bitcoin is only alternative kind of payment system but it can be use to fund some businesses that will employ many people. But first of all, bitcoin should be legally in a country that plans to establish a bitcoin-based companies.

[sulendra12]

If a person does not want to work, he will not be forced to do it for Bitcoins.

Yes, if they are lazy then Bitcoin is not their place because the problem is the person itself not the environment.

~snipped~

Before you can earn through Bitcoin, you need money.
In order to get money, you have to work.
So?
Bitcoin is not the way to lower the unemployed people.

[freedomgo]

Bitcoin can't lessens unemployment in a country unless people get employed with fintech companies that uses blockchain or bitcoin in their business.

You have answered it although you disagree that bitcoin could lessen the unemployment rate.

If this fintech companies will create new jobs for people, that would result to decrease of unemployment rate.

[cryptoknightt]

well, bitcoin can only be used for any payment transaction that you want but bitcoin will never be able to give you money easily, if you want to get your money to work, find a job that can guarantee money every month.