Post
Topic
Board Bitcoin Discussion
Re: Is the existence of bitcoins a threat to jobs and national currencies?
by
[ProTrader]
on 14/09/2018, 21:59:14 UTC
We all know how powerful bitcoins are especially in financial terms. Having one makes you feel like a newly-crowned king ready for his throne and lux. Its value and essence is something that we cannot just ignore, resulting for some people relying on these 'God-given grace' instead of working hard and gaining the money that their own country uses. Some thought that it would be better off to have bitcoins and convert it into any kind of currency rather than to get a job and earn some thing. What do you think? Will bitcoin be able to eclipse the existence of national currencies in the near future?
 
Bitcoin is a threat in National cryptocurrency if their government have a corrupt politicians. If Bitcoin became an International currency they cannot reprint another bitcoin cryptocurrency to cover their corrupt activities. In terms of job, it is not a threat because Bitcoin is a volatile market and there is no guarantee that the price will stabilize.