Bitcoin can less the unemployment rate?

[Zemomtum]

It will surely be but not immediate. When the volatility is moderate and adoption is global, then we can have one digital currency that will be accepted globally. Although, Government will fight and ridicule it, but it will not stand the test of time, the digital gold will always survive

[bitzizzix]

Bitcoin can only help minimize unemployment in a country and can also be used as additional income for those who already have permanent jobs.
but it would be nice if you have a permanent job in the company or anywhere that can generate income permanently, because you will not always get money from bitcoin and bitcoin more effectively used as a promising additional income that you can use as a business or something that can beneficial to you and everyone.

[Allura74]

Bitcoin can only help minimize unemployment in a country and can also be used as additional income for those who already have permanent jobs.
but it would be nice if you have a permanent job in the company or anywhere that can generate income permanently, because you will not always get money from bitcoin and bitcoin more effectively used as a promising additional income that you can use as a business or something that can beneficial to you and everyone.

I think it will not lessen the unemployment rate because I see people who already employed in a corporate company but choose on quitting their job because of bitcoin as they see a great opportunity to earn more than what they have get in a fixed salary company. Bitcoin will give money and good source of income depending of the ability of a person but it doesn't give employment as we know that bitcoin is a decentralized system.

[virasog]

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

Nice said, Bitcoin is a currency and we need to work in order to earn it. It is not like we will get any free money through bitcoins without any work etc.

The point here is that bitcoin has made the online payment easy. So now more companies can offer online work and more workers can work online and both of them will send & receive the wages in bitcoins so the country boundaries does not hinder in getting online work from any part of the world.

[Noilee]

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.

True, because its a big help especially to those who have not yet job or no extra income. Especially now we already use internet all over the world that can easy to access. But its better to do both have a stable job and earn from bitcoin.

[STT]

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.

Ask an economist and they will tell you, if you raise the monetary velocity of a currency you enlarge the circulated worth of its exchange for value.    If we enable more transactions with Bitcoin that are not otherwise able to go ahead because of national borders, because of politics because tiny bits of value on the internet are not exchangable easily then you have a utility value to this Bitcoin which brings new business and even to a small extent new jobs that otherwise would not exist.

The problem right now is the Bitcoin population is still too small, it needs to expand away from its speculative roots into something which helps even the smallest people in an economy.   The very fastest GDP growth in any country will always come from the normal ordinary people.   Not a giant macro global multi national corporation but the smallest person who maybe cuts hair for a living and now can do twice the business.   A giant corporation cannot double its size but normal people can, enable these tiny people and you have your growth.

None of that is a fantasy scenario, ordinary people are both amazing and simple to understand in their potentials.   We only have to consider if Bitcoin is useful to ordinary people, it can be so I believe all this is feasible if BTC is easy to use.

[fiulpro]

In a healthy way it does decrease the unemployment rate.

Actually, even we are getting employed by Bitcoins , all these signature campaigns and also these writing jobs that you see on the internet Every now and then are actually nothing but a form of employment from the Bitcoin.

Companies are interested since its globally connected and the rates are far lower for both parties.

It is making work at home a whole new level.

[Bitcoin Smith]

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?

possibly Bitcoin will make a huge profitable person with their investment so we will sure that the possibility of become richer by the help of the Bitcoin is always there for everyone who had the confidence about their future with the Bitcoin support.

[automaticmoney]

Bitcoin can boost employment of any country economy bitcoin limited supply and more technology oriented we can expect most of upcoming projects are depending on blockchain so future educations courses and jobs are depending on blockchain project bitcoin is the future of economy

[lienfaye]

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.

It wont give you money easily but you can still make money through it. Investing is not only the ways to earn in crypto its just one of the common that anyone can do as long as you have basic knowledge in crypto.

Unemployment can be lessen if people will engage themselves in crypto and explore the benefits that they can get.

However there's no easy money online, bitcoin is best as sideline and not as source of stable income.

[DainSLane]

Of course bitcoin is big help to less unemployment rate in every country but i am worrying because not every countries have an internet access, hopefully after many years to come bitcoin is the major job from many unemployed people around the world.

[darklus123]

I am quite skeptical about this but I was actually seeing right now is that it might actually leads to higher unemployment rate around the world as we might be seeing individuals coming in to this industry. Just like me right now who decided to focus on making money in this industry than working with incompetent companies.

By that being said I can consider my self as unemployed individual but is still gaining something.

Most of this individuals who came to crypto industry are becoming more likely business minded. Working theirselves out from the comfort of their home and un recognized.

This only means that being unemployed right now but doing your own business is actually not a bad thing at all.
Also, hopefully in the near future the economy that we are not right now will continue to grow

[Hemady17]

Working here in crypto is no difference than working in a job through online. Its not bad to choose this, than having a formal work. Your knowledge won't stop here, I think this is a good access to develop your business skills. On what strategies you'll have in a volatile market and how you will deal on the circumstances primarily in bull or bear market.

[Oilacris]

Working here in crypto is no difference than working in a job through online. Its not bad to choose this, than having a formal work. Your knowledge won't stop here, I think this is a good access to develop your business skills. On what strategies you'll have in a volatile market and how you will deal on the circumstances primarily in bull or bear market.

They are both jobs but when it comes to profitability or possible level of income?They do really differ and that's what

most people caught their interest on which crypto can give out the chance to reach those dreams you are aiming to but
well it do only give out chances for those who do willing to learn and have access on internet.

[AjithBtc]

Bitcoin has gained more importance due to the need of common people met through the blockchain technology. Unemployment is completely based on the economic stature of individual nation and the lack of productive planning. When it was new to the market years back it wasn't valued big, and now it has gained good value. This is based on the increased demand to the reducing supply at specific time interval. This couldn't help with eradication of unemployment in my opinion.

[Caladonian]

Working here in crypto is no difference than working in a job through online. Its not bad to choose this, than having a formal work. Your knowledge won't stop here, I think this is a good access to develop your business skills. On what strategies you'll have in a volatile market and how you will deal on the circumstances primarily in bull or bear market.

They are both jobs but when it comes to profitability or possible level of income?They do really differ and that's what

most people caught their interest on which crypto can give out the chance to reach those dreams you are aiming to but
well it do only give out chances for those who do willing to learn and have access on internet.

It's a chance for those who are seeking hardly, Bitcoin is another way of earnings if you are willing to understand and undergo with the process unemployment can be lessen if such person learned how to work with his skills he can find ways how earn from this industry and it will help getting good source of funds especially those who loves dealing with trades and make a big use of it.

[Aldrinx00]

Yes i definitely think it will boost the economy of a certain country and lessen the unemployment rate because it can open up lots of jobs related to cryptocurrency like exchange platform etc. Mass adoption is rapidly increasing and hoping in the future the unemployment rate of all countries will be zero.

[fortunecrypto]

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?

Yes adoption is very fast and we would see 80 to 90% adoption within five years, people are more aware now on Cryptocurrency, much more so, because of the incoming Facebook created coin Libra Coin, since the start of cryptocurrency we have seen people employed by cryptocurrency, one popular is bounty hunting it is classified as a work from home freelancer.

[bitzizzix]

Bitcoin is very helpful and provides opportunities for those who are unemployed to be able to have income, but all that must be supported by technological tools and a minimum of smart phones to be able to access or use bitcoin.
and bitcoin can also be used as additional income for those who already have permanent jobs.

[Mahanton]

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?

Yes adoption is very fast and we would see 80 to 90% adoption within five years, people are more aware now on Cryptocurrency, much more so, because of the incoming Facebook created coin Libra Coin, since the start of cryptocurrency we have seen people employed by cryptocurrency, one popular is bounty hunting it is classified as a work from home freelancer.

How can be so sure about 80-90% adoption?I doubt that it wont happen on next 5 years.We know the gap between centralization and decentralized thing feature of
crypto.Libra coin isnt totally a crypto yet this is just an another coin which isnt decentralized.It might give out some sort of curiosity but people using up facebook majority wont really matter or bother at all about cryptos.