Can Bitcoin End World Poverty? - page 104.

halych

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Quote from: cryptovn83 on September 16, 2017, 10:33:20 AM

Bitcoin and other cryptocurrencies offer many opportunities that can help these ... combating inflation and perhaps even helping to end corruption. ... "Access to financial services can be a bridge out of poverty,"

I do not believe that crypto currencies can help to end corruption. Human greed will force people to get money in an illegal way. Bitcoin is the same currency as others, but it can only be used with the presence of the Internet, which becomes impossible for the poor.

cryptovn83

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Bitcoin and other cryptocurrencies offer many opportunities that can help these ... combating inflation and perhaps even helping to end corruption. ... "Access to financial services can be a bridge out of poverty,"

salmanahmedone

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Maybe it can end the world poverty by donation. Well yeh if we donate poor via bitcoins it can help other. There should be a services who accept the bitcoins for donates. one donation can lead poverty to Education, electricity, water.

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Quote from: birra guzez on September 16, 2017, 06:59:33 AM

it can't end world poverty since too many countries lack the essential tools to be active in the cryptocurrencies field such as internet/computers/smartphones or even electricity . it can provide some jobs though and that's good enough for now .

Even not focusing on cryptocurrencies even local fiat itself wont able to solve out this global problem.Since the beginning of civilization this problem is always been there as long there are people who do pursue to accumulate money as they can without having the equality then we always end up on here.Poverty itself cant really be solved by Bitcoin it may give some opportunities but only to those who are eager to learn to engage with it.

birra guzez

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it can't end world poverty since too many countries lack the essential tools to be active in the cryptocurrencies field such as internet/computers/smartphones or even electricity . it can provide some jobs though and that's good enough for now .

audaciousbeing

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Poverty can never be eradicated from the land because there is no way we can do it, some people will still remain poor and everybody can never be rich. Even if everyone has access to the treasury, some people will purposely decide to be poor and that's why you see someone who is able to work without any form of disease or incapacity still begging on the streets.

What bitcoin will do is to move the life of those who are ready to push themselves beyond the ordinary and thirst for new knowledge on the new way of making a living.

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Quote from: avikz on June 28, 2017, 08:07:01 AM

Bitcoin is not a magic wand which will end world poverty. It simply doesn't have the power to end such a massive thing. Also bitcoin is not a payment system anymore. We have moved to a different goal long back, when the confirmation time increased and transaction fees hiked. These confirmation time and transaction fees is going to be increased again and again. So we will move from the initial goal further.

Bitcoin has now purely became an investment asset. IT can provide a huge return which any other conventional investment will never be able to offer ever. So I take bitcoin purely as an investment and a trading asset. I earn profit and keep it for the future.

You're right, its not that easy to end poverty. I consider as a help to make life convenient but not to all, not in the whole world but for some individuals.

cipher-x_09

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Jeez I don't know poverty can be ended unless people want to, it does not depend upon things presented sometimes opportunity knocks to them but they fail to notice, so I think no

justspare

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Quote from: Palider on September 12, 2017, 12:18:52 PM

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:

I think that's why bitcoin can end the world's poverty. If all the people in the world get bitcoin? Lift them up gradually until they become successful. Bitcoin wants to help us raise our life below, bitcoin pulls us up so we can have the courage to deal with the present life with him. If you value bitcoin? It will also appreciate you and help you to grow in poverty.

Indeed, if we all start using bitcoins in buying and selling daily life things then bitcoins will becomes very popular and common. I think rather I believe that bitcoins have the ability to help us in fighting with poverty because they have the power to make anyone rich who is sincerely working with bitcoins.

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Quote from: Bitcoinislife09 on September 16, 2017, 01:39:56 AM

Bitcoin is not the answer to end world poverty, for ending it starts within ourselves. If we are brave enough to share what we have and face those politicians who have the guts enough to use the money that belongs to the country, then it will be more helpful to end poverty. The problem with many of us is we are blinded because of too much brightness of money that we have seen, and also politicians have this problem. If only everyone also will know how to control themselves in everything then nothing will be a problem.

There are many people who want to work should be based on attractiveness and opportunities, if the government is able to make rules and apply bitcoin to all existing businesses then it is certain that people will be interested to work hard, everything about economic change is not always based on intentions, but it depends on trends, official vacancies, and habits. Bitcoin is very capable of reducing poverty by up to 80% but with government records to be prepared on terms and risks that bitcoin is decentralized.

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Quote from: Theb on September 12, 2017, 12:29:42 AM

Quote from: Sled on September 11, 2017, 09:38:20 PM

Quote from: Black Angel on September 11, 2017, 06:14:30 PM

Poverty is a state problem, can not be done with instant programs such as bitcoin, the main factor of poverty is due to education, health and culture. many things to be done if you want to overcome poverty.

If those people who are experiencing poverty goes to bitcoin and work hard and do their best to earn money then they can easily get out from poverty because it doesn't need for a person to be the smartest person to escape from poverty because it just need a very determined person to end his poverty and reach all the dreams that he had.

You are actually right, to get out of that state the best factor is for you to act independently and for you to find your own way how to be rich, it is better than waiting an external factor for you to be rich, like waiting for the government for help, because if you do you might end up blaming everything to the government that they are not helpful. Without acting just by yourself you are only losing precious time to change.

You should work yourself for changing your condition whether it is financial or emotional. Those who depend on others for the change of their conditions, they never ever succeed in their aims. We can’t blame governments for each and everything. They have to look after millions of people at the same time.

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Bitcoin is not the answer to end world poverty, for ending it starts within ourselves. If we are brave enough to share what we have and face those politicians who have the guts enough to use the money that belongs to the country, then it will be more helpful to end poverty. The problem with many of us is we are blinded because of too much brightness of money that we have seen, and also politicians have this problem. If only everyone also will know how to control themselves in everything then nothing will be a problem.

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Quote from: Charisse1229 on September 13, 2017, 06:57:55 AM

I think it is save poverty in this world IF! Other peoples know about this kind of transaction, and know about in this bitcoin forum, i hope a lot of people know about this. Because i want to help in this kind of way.

Well! I think the bitcoin has become very famous that now everyone knows bitcoin and people are taking the advantage of this opportunity that the price of the bitcoin use to increase day by day. So if the bitcoin currency will be used widely in any country then this country will enjoy the prosperity because bitcoin has the potential to solve the big issues of many countries that are unemployment and the poverty so my answer is yes for this question.

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Quote from: Lubang Bawah on September 13, 2017, 10:07:57 AM

The main problem of poverty is the uneven distribution of financial channels, most of the poor are blocked from access to finance such as government assistance, bank aid and so on. the presence of bitcoin can be a solution to overcome poverty.

You have explained one of the main reasons for poverty all over the world. This is utterly because of the unjust distribution of financial assets. Those who have oil, gold etc in their land are not willing to share it with poor countries. We need to sue world resources equally to put an end to poverty.

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Quote from: Quidat on September 04, 2017, 05:46:29 AM

Quote from: Janinejoson on September 04, 2017, 05:43:16 AM

Not totally yes because many of people or many people that lack of money don't have any of gadgets like mobile phone that's why they don't know about cryptocurrency.

This is right, lack of resources or the thing which are mainly needed on engaging on bitcoin would really be a big blockage on such adoption or awareness on bitcoin.Poor people doesnt have these kind of stuffs even having a capable mobile and how much more on having an internet connection.They would rather choose up on making things that would make them survive.

I think Bitcoin will be a one of the vital factor which can serve the purpose. It is just the beginning, it will keep on doing such sort of wonders and will result in more and more money for the ones who invest in it. But saying this that Bitcoin will eradicate the poverty entirely all alone is nearly impossible.

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Quote from: Succurs on September 04, 2017, 03:44:15 AM

I think that bitcoin will not set an stop to entire world poverty, simply because it is funds that you want to generate. In nations the place there is no Web, they simply can not even see bitcoin.

Exactly, it is not all the economy which makes the people poor or rich but a lot of factors as well as you mentioned. As far as ending of poverty is concerned, I think Bitcoin can play a vital role in it but of course it cannot do it all alone. It is just not possible for Bitcoin to end up the poverty. There needs to be other ones too who need to play their parts.

dynospytan

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It might decrease the poverty rate but it will not end it. We all know that most people who are experiencing poverty lacks of knowledge. I mean maybe some of them don't know how to read something like that. So for you to earn bitcoin you must atleast know how to read or understand. And one problem also is they don't have internet. We all know to earn bitcoin we need an internet.

umbara ardian

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can be. but that's all not easy. not everyone who knows bitcoin get rich they are less understanding about how to hold bitcoin. so here must be a role of government to introduce and use useful bitcoin to the community. of course the government would refuse not want to take risks. actually bitcoin can improve one's finances but not for poverty

sariz12

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Im my own,I think It save poverty in this world when some other people know about Bitcoin or they know about this transactions..I think we should tell this to others that they've not already know this so in that way we helps some people who need this..

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