Hello everyone!
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.
This invention of Satoshi Nakamoto incredibly stunning us, Bitcoin known as a revolutionary invention.
Can Bitcoin solve the worlds problem?
I guess not all problem can be resolve by bitcoin, but it can be a lot of help in due time.. I believe and the profits it bring, can help resolve diffirent financial sircumstances that we are facing this era rather than bank assistance..
If you are expecting this all solution to every problem from bitcoins only, then you must be getting the right answer in right time. No, a big no to this question that bitcoins wouldnt be able to solve everything that has been messed up here. But yes, they are quite potential to make something easier for many people. And like they are continuously working on this aspect.
Many people who are less fortunate and difficult to find a stable job, bitcoin can help the community who are unemployed so that it can have a source of income. This is our way to survive and continue having comfortable life.