Post
Topic
Board Bitcoin Discussion
Re: Is the existence of bitcoins a threat to jobs and national currencies?
by
Qwerts
on 15/09/2018, 15:23:52 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?
 

I do not think bitcoin will become national currency yet in the future but I agree that it will become a viable threat in jobs. Since it opens a lot of opportunities for people globally, we can expect that more people will learn about it and eventually understand that it is easier to earn profit than offered jobs. Bitcoin values are way ahead of time and its blockchain technology makes it much easier for financial transactions because it is secure. It will not replace national currencies but it will be considered as one of the most valuable and reliable currency there is up to date.