Can Bitcoin End World Poverty? - page 100.

bentong talong

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Quote from: links on June 28, 2017, 07:46:43 AM

For me i think so..

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

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Bitcoin is just a cryptocurrency and we should not depend with it alone with the solution of world poverty. The will of the people is still one of the main thing that should be dealt with if we want to end the world poverty. We are not sure that everyone would want to do bitcoin and maybe some of them would not be convince so in conclusion, we can't really depend on bitcoin instead we should work on with the people around us.

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Quote from: links on June 28, 2017, 07:46:43 AM

For me i think so..

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

READ MORE:

To be realistic, bitcoin itself would not achieve the complete absence of poverty in the world. There are still a lot of factors to be considered before this things would be able to come to life. We should also consider the fact that not everyone in the world are aware on what bitcoin is and how it helps someone. The current situation of bitcoin in the world is not that influential and by this manner, you can already conclude that bitcoin won't be able to end world poverty.

Andy.P.GReen

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Bitcoin and World Poverty has no connection, so to answer your question simple: NO.

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Quote from: ranih on June 28, 2017, 08:33:48 AM

I don't see how bitcoin is helping people in Africa getting food or avoiding wars.

Cause thats because its not bitcoin's responsibility, it is just a digital currecy to be used for transactions and investments, eradicating poverty must start in everyone of us,it is achoice I think. Since poverty is one of the most unsolved businees of the world think constant effort must be conducted, charities, public services , educational programs may help giving support for those in need and local and private entities must contribute financial assistance for this vision to be true.

haroldtee

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Quote from: Rinder on September 24, 2017, 01:24:58 PM

Bitcoin is allowing anybody to get a decent extra income doing signatures as well trading and several more projects related to crypto currencies. Taking those into consideration i do believe it can help to improve all life since they can earn extra income online, wich may change a lot their lifes and for a few will turn into the main income they will get.

And for how long will these signature campaigns keep going on? Even if they still exist in the next 20 years, the fact that most people are even into the whole signature campaign now or on this forum is via information they have, which apparently not everyone is willing to search for or some are just too lazy to find out. My point is, if we are talking about poverty at the global level, it won't be eradicated cause of bitcoin but it can at least change the life of few who were able to make use of the information they have now, which is still the same thing that separates the rich ones we have even before the invention of blockchain to the poor ones today... INFORMATION! So, bitcoin or not, some people will still be as poor as church rat.

Xenophoto

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Quote from: biskitop on September 25, 2017, 06:39:53 AM

yes, I totally agree with that. just imagine when the current bitcoin value is 1 BTC = $ 3739.0353581814. and every citizen around the world has bitcoin, it will greatly help the economy in countries around the world.

Every citizen around the world don't even have $100, how come you can expect that it's possible for people to have 1BTC each. Plus, the total supply of bitcoin is just 21 million and there's 7 billion people. That alone proves that your thinking is impossible. Assuming that there's more than 7 billion bitcoins in circulation, how are you going to give every single one 1BTC each if not everyone has a smartphone at all. I think that bitcoin can help people but never end world poverty. There will always be people doing wrong decisions in life that will lead them to going homeless. There will always be people that aren't intellectually capable of understanding basic things and are doomed to stay at the lowest financial point.

Pubg_man205

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Quote from: biskitop on September 25, 2017, 06:39:53 AM

yes, I totally agree with that. just imagine when the current bitcoin value is 1 BTC = $ 3739.0353581814. and every citizen around the world has bitcoin, it will greatly help the economy in countries around the world.

To every citizen had at least one bitcoin, he needs the opportunity to earn it. Many do not have the Internet to earn it, but for many in the country it is simply banned.

biskitop

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yes, I totally agree with that. just imagine when the current bitcoin value is 1 BTC = $ 3739.0353581814. and every citizen around the world has bitcoin, it will greatly help the economy in countries around the world.

micleeiu398

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Quote from: Chienna on September 11, 2017, 10:57:46 AM

For me I don't think so. Because poverty is not a problem of everyone it is a problem who experience it. If they did not do something good for the sake of their future the poverty will not end. Bitcoin is only way to have a chance to be successful. Even though you're not in bitcoin you can be successful through hard work, and the good attitude you have. Be patience because someday poverty will end through your dilligent.

Yes it is the bitter truth that poverty can’t be ended whatever you do. This is a natural phenomenon. But yes, if you talk about bitcoins, it has made some irrational results of ending poverty in a handsome number of families. It is playing the vital role but still much more to do.

shushu9977

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I don't think so.it reduces poverty but not finish totally.....

A.H.Rassel

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Bitcoin simply giving the chance to individuals to gain cash through bitcoin yet it doesn't imply that it can conquer the neediness of the general population in light of the fact that not every one of the general population of the world will utilize bitcoin. My feeling if individuals find out about Bitcoin and blockchain or included trading, mining utilizing bitcoin, at that point, they well get Bitcoins opportunity

kaizen96

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Just rising of productivty can reduce poverty, and that should happen in countries with big natality, like India and African countries. You can't drink or eat bitcoin.

Harlot

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Quote from: appleffi on September 25, 2017, 05:29:29 AM

I believed in the possibility of ending the world poverty and bitcoin can be one of those who can make it end. Bitcoin has a concept of taking digital ownership from which one can have it's own "property" or something that he/she can hold on to. With this, the possibility is at its far most than we can think of, the only thing that it limits this possibility is the one handling it.

It cannot be the solution in solving the world poverty. Even if so it depends on the individual if they really want to take advantage of it. As even before Bitcoin got offered in the public there are many ways to destroy poverty but until now why is it still here? From the stock market to real estate everything can be used as a tool to become rich but do you see poor people using it? I guess that it is really not there fault as they lack knowledge and capital to get going in there journey out of poverty.

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I believed in the possibility of ending the world poverty and bitcoin can be one of those who can make it end. Bitcoin has a concept of taking digital ownership from which one can have it's own "property" or something that he/she can hold on to. With this, the possibility is at its far most than we can think of, the only thing that it limits this possibility is the one handling it.

Daniel 777

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Yes it can because 100$ in Africa can really help family to buy food for month

tbterryboy

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Quote from: plaintiff77 on September 12, 2017, 03:30:27 PM

if everyone has interests about bitcoin then why not. We all know the benefit we get in doing bitcoin. If everyone also has perseverance and has a lot of effort to embrace the nature of bitcoin then it would possibly be the answer of the biggest problem of the world which is poverty.

I think that bitcoin is not the mean for ending up the poverty from the world. it is the behavior of the people who can affect the life slandered of the poor and not only the currency. Everyone should observe their surroundings.

How many poor they are facing every day. What they are doing for poor. Many of the people in this world often do not like poor and even do not talk to them easily.

BrandonFever

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Already Bitcoin is doing its part in ending the global poverty. Thousands of people earn money from the signature campaigns here in Bitcointalk. And many thousands of people are employed by the hundreds of crypto-exchanges around the world, in addition to those thousands of traders who earn a living by buying and selling Bitcoins.

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Quote from: bebejhen on September 24, 2017, 09:56:21 PM

Quote from: ritsel02 on September 22, 2017, 11:36:40 AM

Bitcoin can't easily solve poverty. It is a long process, there should be an awareness programs or seminars so that people will be aware on the advantages of bitcoin. Diligence is necessary so that individual would strive to help themselves out of poverty.

I agree with you. It's really a long process. It takes decades or more. Bitcoin can help lower the rate of poverty but it can't end up. To end up poverty we all need to cooperate to each other, discipline ourselves, work hard together, etcetera. We all need to have one goal and this is to end up poverty. If others will not cooperate and continuing doing wrong, poverty will not end.

Yes ritsel is right there should be some program to introduce bitcoin to the people and this is going to be tough in the depressed areas where they are no computers, internet and any form of technology. For us who lives in the city and has access to internet will say that bitcoin can end our lives poverty but if it is about the world poverty, it's very hard to see it at the moment because there are so many issues that needed to be fixed first.

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Quote from: Westinhome on September 24, 2017, 11:26:19 PM

Quote from: rosepetals on September 24, 2017, 08:39:15 PM

In my opinion as well it can never end worlds poverty..this can make someones life wealthy as times goes by..if he has knowledge about bitcoin..as we all know just a few only knows it..and not everyone knows about how to earn btc..especially in our country in which everybody think its a scam..those people who wont take risk to invest and learn will never end its curse of poverty.

It can end poverty if the person not able to change here life and find a job so that they have some money to pay some foods and evrything that they need in everyday life. And thats true its only few people knows about bitcoin but if they want to learn about we want to teach them if they want to learn.

Bitcoin may give a lot of profit or money in some people but they will never give profit or money to all of the people in the world. One person, let's say is a poor one and he is earning in this forum, but does it change the poverty in the world? No, it might make some slight differences but it will no go beyond that.

Westinhome

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Quote from: rosepetals on September 24, 2017, 08:39:15 PM

In my opinion as well it can never end worlds poverty..this can make someones life wealthy as times goes by..if he has knowledge about bitcoin..as we all know just a few only knows it..and not everyone knows about how to earn btc..especially in our country in which everybody think its a scam..those people who wont take risk to invest and learn will never end its curse of poverty.

It can end poverty if the person not able to change here life and find a job so that they have some money to pay some foods and evrything that they need in everyday life. And thats true its only few people knows about bitcoin but if they want to learn about we want to teach them if they want to learn.

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