Topic: Bitcoin's role in realizing 2030 SDGs (Read 93 times)

2030 strikes again...

"You will own nothing and you will be happy."


No poverty, no hunger, no wars, gender equality (I support this. I think It is time for the females to lose some of their advantages over men.) , decent outstanding economic growth, best education, green energy, green food ~no more meat for you cucks, enjoy your soy-meal

Klaus... is that you?

very true! it is a long journey to reach those goals. and bitcoin or crypto market may have contribution on those goals, but it is only a part of it. we don't need to feel self-entitled knowing bitcoin or crypto because it will not have a major role to attain those SDGs. it is a combination of so many factors or causes to attain those goals. if crypto or blockchain tech will be a part of it, then be grateful that this industry is assisting to achieve such goals. we need a lot of contributors that can ensure those goals are realised. as you said, btc will just be a drop in the ocean.

These are nothing but goals. I'm certain that beyond 2030 the same set of goals are there. These are idealistic goals and we may never reach many of them. The point, however, of these SDGs is that we are doing something. We are striving to make this world a better place. And this is an endless pursuit.

And since we're like making heaven on earth with these SDGs, it can't easily be achieved. It takes more than a silver bullet to make this earth a paradise. And Bitcoin will just be a drop in the ocean of efforts and all kinds of initiatives to make this happen.

If this was plotted back in 2015 then I think they are not doing pretty well because I never heard about this. Looking at the agenda it seems so big one, with mega word global goals which should have been reflected already in the news.

Anyways, the agenda is pretty clever and in general covers everything that’s needed in the future for survival. I means I’m constantly looking at Life under water and Life on Land. That’s something they are thinking because they might have forecasted how there gonna be overpopulation and decrease land masses due to global warming.

I’m not so confident about their agenda regarding overcoming the poverty. There is old saying, if everyone becomes rich then who will do the dirty job? I barely think that they will have proper workforce for that?

They imagined it well, but the time in which they want to achieve it is simply too short, because we are already halfway there, and I do not see that anything has improved for the better - although from my perspective it is certainly not as visible as from the perspective of someone who he lives in a poor country and can detect minor changes for the better. 

If we only took the first three goals as an example "No Poverty, No Hunger, Good Health and Well-Being", it is hard for me to imagine that these problems can be solved by the end of this century, let alone by 2030. The fact that as many as 193 countries in the world have signed it is just a letter of good intentions, not a real wish to do something about all these issues.

Any role of Bitcoin as a decentralized cryptocurrency in all of this is really minimal because in order for these things to start happening at all, the way people think has to change. As long as people are resolving disputes through wars and acting like barbarians from some ancient times, with or without Bitcoin, we should not expect the world to be a better place.

First of all, these points are written a bit vaguely. In every part of the would people would probably have a different understanding of them. Just compare how Gender equality is understood in US and in muslim countries, asia, africa etc. Feels like the list itself was made for sake of making it.

Similar thing with another points. Nowadays people in 3rd world countries live in poverty and hunger not because some evil western businessmen (or a government) took all their money. Everything is so bad generally because of the local situation in these places. Bitcoin or any other kind of wealth would be useless before social institutions would be changed in poor regions.

Bitcoin has nothing to deal with SDGs.

The sustainable development goals(SDGs) set by the United Nations was noble. But the truth remains, if the poor masses stand to gain the most then countries who had to adopt the goals of the UN because of one political reason or the other would never see it through.

The very nature of governance in alot of countries is structured to make the rich richer and the poor comfortable in their poverty or even poorer as the case may be. 

The crypto market is the ultimate key to a hope of financial freedom and eradication of poverty. A currency that is not subjected to any form of political control.

I see many countries falling back to Blockchain and Bitcoin technology for sustainable development growth growth in future. Following the drastic fall in many economies around the world. They might not necessarily have to embrace the currency in full but the technology can also serve as a matching stool or as an edge to improve on existing strategy to curb declining GDP.

So far Bitcoin and other crypto currencies has reduced the level of unemployment and hunger in many nations even though most government fail to see this positive contribution but all the keep hammering on is it's negative side which is funding cyber crimes due to its complete privacy. But so far it has reduced insecurities because many  youths are already engaged through crypto currency either by trading,  development, holding or even as payment channel

The United Nations set up 17 global goals in 2015 to tackle poverty, inequality, environmental degradation, and other issues by 2030. These Sustainable Development Goals (SDGs), which reflect unprecedented international cooperation in human history, have been adopted by 193 countries. The Sustainable Development Goals, or SDGs, are a set of 17 global goals that all 193 United Nations member nations have agreed to meet by 2030.

This is a summary of the 17 SDGs are focused on a wide variety of topics:
1.   No Poverty
2.   No Hunger
3.   Good Health and Well-Being
4.   Quality Education
5.   Gender Equality
6.   Clean Water and Sanitation
7.   Affordable and Clean Energy
8.   Decent Work and Economic Growth
9.   Industry, Innovation, and Infrastructure
10.   Reduced Inequalities
11.   Sustainable Cities and Communities
12.   Responsible Consumption and Production
13.   Climate Action
14.   Life Below Water
15.   Life On Land
16.   Peace, Justice, and Strong Institutions
17.   Partnerships for the Goals
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Each of the 17 broad aims is supported by a number of particular and measurable targets.

Projecting progress: reaching the SDGs by 2030
This flagship report is the first to attempt a systematic projection of progress across the entire Sustainable Development Goal (SDG) agenda, showing where the world will be in 15 years if current trends continue. A 'scorecard' against 17 targets - one for each goal – using the best available projections was created. This demonstrates that without more effort, none of the aims or targets under consideration will be met. The scorecard identifies how much faster progress is required by categorizing targets as requiring 'reform, "revolution,' or 'reversal.' Projections on ending extreme poverty, economic development in least-developed countries, and reducing deforestation provide the most reason for optimism — we are on track to achieve more than half of these goals by 2030. To achieve success in time, a larger number of targets, including most of the 'unfinished business' of the Millennium Development Goals, will need to accelerate by multiples of current rates. Decreasing inequality, restricting slum populations, combatting climate change, reducing waste, and conserving marine ecosystems are among the final clusters that require complete reversal of trajectories.

This assessment is based on worldwide forecasts, but the amount of change that is required varies greatly between areas and countries. Sub-Saharan Africa is expected to be the last to catch up. While South Asia, East Asia and the Pacific, and Latin America are anticipated to make more significant development, each of these regions will face its unique challenges. Emerging and developed economies are expected to have the greatest environmental consequences. Also according to Nature review With a decade to the deadline,   the world is on track to miss the majority of the SDGs. The aim of eradicating severe poverty, on the other hand, will not be realized because 430 million people are estimated to be living in such situations in 2030.
It is clear that at the current rate, most of the goals will not be met. Here’s how the 2030 agenda can be put back on the right path.
Blockchain technology was still in its infancy when the SDGs were created in 2012. Few could have predicted blockchain's trajectory and potential for achieving these lofty goals. However, we now see blockchain technology as having the potential to recast traditional approaches to sustainable development – and, if used responsibly, to expedite progress.


In resent times, , it is evident that Bitcoin has enabled a lot of people in poor countries to escape poverty. This is due to the fact that bitcoin allows people to overcome obstacles such as a lack of or insufficient access to financial services and a lack of social trust. Furthermore, boosting financial inclusion and improving fund traceability allows developing countries to address traditional financial system issues.
The most significant impact of Bitcoin on developing countries is the increase in financial inclusion. Most people who don't have bank accounts or capital can now invest in Bitcoin with a tiny quantity of fiat money and profit handsomely. Furthermore, people in developing countries utilize Bitcoin to reduce transaction costs and speed up financial transfers. All of these variables help low- and middle-income earners in emerging countries improve their living conditions. In addition, small firms in these nations are now able to trade globally and accept Bitcoin payments without having to deal with the bureaucracies of established financial systems.  

Let’s take a closer look at the impact the crypto world would help achieve 3 key goals of the SDGs
1. Building resilient and transparent supply chains
SDG 9: Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation.
Supply chains are a crucial part of the equation for sustainable development, as they are involved in everything from global trade to aid delivery. This diversity has been represented in blockchain for supply chain use cases. Multinational development banks like as the Asian Development Bank and the Inter-American Development Bank, for example, are looking into using blockchain for trade single window projects in South Asia and Latin America, respectively.
2. Creating stronger and more accountable public institutions.
SDG 16: Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels.
Public procurement is one of the most significant sources of government spending and, as a result, the most significant source of official corruption in the world. A substantial amount of money is wasted due to the complexity, relative opacity, and subjectivity involved. Colombia's government conducted a proof-of-concept for a blockchain-based procurement system to boost external supervision. While technology by itself is insufficient, when combined with "monitoring" models such as those established by Transparency International or the Partnership for Transparency Fund, it can be a significant instrument.
3. Spurring responsible sourcing and consumption
SDG 12: Ensure sustainable consumption and production patterns.
Responsible consumption has become a major area of concern for many firms, since climate change and human rights are at the forefront of customers' minds.
We've seen blockchain technology at the core of several of these discussions this year. For example, the Mining and Metals Blockchain Initiative, which was launched last year and brought together seven industry heavyweights such as De Beers and Eurasian Resources Group to investigate the use of blockchain for carbon emissions tracking and supply chain transparency, brought together seven industry heavyweights such as De Beers and Eurasian Resources Group. Around the same time, the Responsible Procurement Blockchain Network, which included Ford and Volkswagen, was formed to test the use of blockchain for ethical mineral sourcing.