Can Bitcoin End World Poverty? - page 105.

Oggy Pogi

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Quote from: ranih on June 28, 2017, 09:33:48 AM

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

I dont think so, of all moderators here are willing to donate some it will happen, it jusst a coin in bitcoin in helping to send good and personal material that people need there. I think bitcoin has a big potential to eradicate poverty worldwide in the sense that governments has no right to corrupt every cents that will help people.

Webetcoins

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Quote from: Mariya03 on September 12, 2017, 10:44:37 AM

For me, I don't think so, because poverty is one of the biggest problem in the whole world. So, even though there's a lot of person who works in Bitcoin they can't solve this kind of problem.

Well you are right to some extent according to me bitcoin is not the magic for being rich you will have to work even if you are using bitcoin you cannot get anything without doing anything because poverty can arouse the desire to work. The more you work the more you gain skills and then the more your salary will be in the last. Bitcoin is the source to make money through doing hard work and long term wait.

Aztek

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Quote from: YOYOY on June 28, 2017, 09:49:43 AM

Well it not just easy as that, it should have process to begin with and and the main is to educate the whole world about bitcoin. It's not also easy that the whole world will embrace bitcoin because not all of us is the same way of thinking. Many will favor but much will hate but for them to better understand that bitcoin would really end world poverty they must first understand what it means and its goal.

Bitcoin could truly be an instrument or a tool aiming to end some particular issues on the society. It is because bitcoin is a form of crypto-currency that is a part of technology and one of the purpose of development is to serve as an aid for innovation and growth in terms of transactions, investments and tradings.

seattletu

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I think no, on the grounds that everybody of us have their convictions in life. Bitcoin can't end the universe of poverty, some are have confidence in bitcoin and some are definitely not. Needy individuals are takes after just what have their see or what is ordinary life, yet individuals have their great life are discover another approach to change their life. That is the reason some are rich and some are poor. So Bitcoin is not the best approach to end World poverty, just a few people change life.We all must attempt to educate in any event little measure of people groups about bitcoin and how to procure them. In the event that we do as such, Bitcoin will beat destitution from the world.

Lubang Bawah

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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.

Latviand

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Quote from: links on June 28, 2017, 08:46:43 AM

For me i think so..

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

READ MORE:

BTC is not a magical potion that can suddenly make all the world's problem disappear as some people think that it grows money out of your hand. BTC still requires willingness to take risks, understanding the market and other variables. It is not a genie in the bottle.

valentine401

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In my point of view, It cannot. Not everyone have an internet connection or computer in their house. Next thing, Not every people have a proper knowledge to know more about technology. I do not even think that your grandma can still use facebook. So it means that it really takes to learn even the basic use of computer.

Casabrandy

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Quote from: Stgsurya on September 13, 2017, 09:16:39 AM

It's the payment system. It's the Blockchain encryption.
And there are interesting things. I think Bitcoin, or the, really, Blockchain encryption that's behind it, has a greater ability to bring more of the world's population out of poverty than anything we've seen in

If only all poor people can be reach or have idea on btc or crypto as a job ,i think it can really do change once poverty to a better one. Bitcoin is not that popular yet. That's why everytime there's someone ask me like officemates out of nowhere ask me, it got me interested to teach some ideas too.

Stgsurya

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It's the payment system. It's the Blockchain encryption.
And there are interesting things. I think Bitcoin, or the, really, Blockchain encryption that's behind it, has a greater ability to bring more of the world's population out of poverty than anything we've seen in

deejhay

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for future

Leta say someone give your country million bitcoin, does that solve poverty? No.
Bitcoin is just a currency, how government would use it to implement projects is what will solve poverty. No matter how much bitcoin the every country have if they fail to use it in improving their economy, then it doesnt solve anything.

Obytwenty

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yes you are right BTC Can End World Poverty by made additional job to those have limited income and others without job

Macai

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Quote from: ranih on June 28, 2017, 09:33:48 AM

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

Yes I'm also thinking that. How bitcoin will going to help those countries who are not been developed and are not yet utilizing technologies. But we should always be optimistic that bitcoin will going to end world poverty even not now but soon.

Charisse1229

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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.

Bestwishes745

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Quote from: Sasuke102001 on September 11, 2017, 03:32:09 PM

Quote from: DpremiumTrades on September 11, 2017, 03:19:04 PM

no it can't, bit coin is like an investment for people who have money.

Not just investment but people can also earn. But I have also heard that there is a limited amount of bitcoins that can be distributed, I don't know much about this scenario bit i guess still people can earn as well.

If we see around we all know Bitcoin’s price is so high that it can make you a millionaire within a year but still it's not enough reason for you to claim that this can be done throughout the whole world. Technology and Internet, everyone does not knows how to use it. Another thing is it's not yet legalized in the whole world in short it is not well promoted yet.

YellowRiver

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Quote from: Theb on September 12, 2017, 01:29:42 AM

Quote from: Sled on September 11, 2017, 10:38:20 PM

Quote from: Black Angel on September 11, 2017, 07:14:30 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 cannot simply sit down and can wait for someone else to come for you and to make you rich. It will not be possible till the time you yourself will not gear up and will think of something more profitable which can change your life. You need to work hard yourself, only then you will be able to get something good in your life.

plaintiff77

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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.

palle11

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There are people who will always be poor in any circumstances. What I mean is, a rich man today might have misfortune tomorrow and become poor. Poor today might become rich tomorrow, vice - versa. So, with or without bitcoin, people won't be the same financially. Even in the bible, there were rich and poor. When Abraham was rich, some other people didn't have what he had.

ahmad21

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A very straight answer to this question is no. In every economy there are a few key players who are the big guns and a lot of people who are just too poor to participate in the economy. Even if we think that whole world economy would shift to bitcoin its very difficult to say that everyone would get equitable amount of bitcoin. So the problem remains same. Poverty stricken people still wont have money in form of bitcoin. But yes bitcoin would surely make a few millionares or even billionares who knows?

allthingsluxury

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Absolutely not.

djsugar

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Quote from: Palider on September 12, 2017, 01:18:52 PM

Quote from: links on June 28, 2017, 08:46:43 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.

Actually the problem is even if you give free Bitcoins to people, they'll end up spending it inefficiently and will again get into poverty. The main reason of poverty and unemployment is laziness. People don't want to work. Poverty won't end by giving people free money. It is more about mindset and is something at government level. Bitcoin can't do anything in that context except for being a source of extra income.

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