Post
Topic
Board Bitcoin Discussion
Re: Is the existence of bitcoins a threat to jobs and national currencies?
by
OSYA
on 27/09/2018, 05:45:00 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 don't think bitcoin will replace the national currencies. The nature of the investment business is risky and unstable. Investing in a crypto and trading simply can't provide you with a stable monthly income what is obligatory to have if you have a family with children and set monthly expenses. The payment of the salaries by bitcoin can become more widespread around the world but it will not replace other jobs for sure.