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Topic: Can Bitcoin End World Poverty? - page 108. (Read 63043 times)

full member
Activity: 237
Merit: 100
September 07, 2017, 11:10:04 PM
I think no because poverty is always a problem of the world. Bitcoin can't end world proverty because not all people use bitcoin. Bitcoin is not a solution to end proverty it is the government problem that will be the one who fix poverty. Think of it if the bitcoin is the one solution not all people have a computer or devices to use in bitcoin. Some of people is out of knowledge to use bitcoin and it will affect the income and profit of other user.
newbie
Activity: 56
Merit: 0
September 07, 2017, 09:31:48 PM
I feel Bitcoin can not conclude globe poverty but it can lease poverty. Not all know BTC and use BTC like inadequate people do not have mobile or laptop computer to be utilized. But like us that we know BTC we can lease poverty by helping men and women around us. 
hero member
Activity: 840
Merit: 516
September 06, 2017, 12:23:45 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.
Bitcoins are just digital coins; they are not Aladdin’s lamp which can end the world poverty forever.  The richest people of the world and super powers can work hand in hand to eradicate poverty from the face of earth forever. All alone bitcoins can’t do anything for poverty in third world countries.
full member
Activity: 150
Merit: 100
September 05, 2017, 04:25:07 PM
How can btc end poverty in the world? Unless bitcoin will bring resources from another world.
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
September 05, 2017, 01:07:24 PM
World poverty is a major issue that prevails around the world countries. Even in the first world country poverty is found, but the governments won't reveal it outside. With the growing countries poverty is a major concern and without which the economy of the country will grow good. Bitcoin might pave path for growth, but when it comes to poverty it doesn't have big thing to do.
member
Activity: 67
Merit: 10
September 05, 2017, 12:52:05 PM
It wont be able to end world poverty though it has potential to make people rich and it has already made many of them. But what about them, how cant afford it or those how are not aware about this technology.
legendary
Activity: 1176
Merit: 1016
September 05, 2017, 12:36:02 PM
Bitcoin and anything in this world, never be able to end poverty. Because poverty needed to balancing. Bitcon is just as a new tool for peoples to have more income, creating a new business industry whose effect absorbs alot manpower. Poverty is balance of wealthy.
That's a fact. It is true that bitcoins has helped many people in earning money and has removed unemployment from many lives but still, if we talk about eradicating poverty from the face of our planet, practically it is not possible. I won't say because there are not that many resources. It is because some big whales don't want this.
sr. member
Activity: 602
Merit: 250
September 04, 2017, 05:53:35 PM
Its posible.but for now i think it will less poverty because even poor people start to earn because of bitcoin even youre at home you can earn .lot of people use data if they dont have wifi at home.at most people already have smartphone.even they are poor.
I think Bitcoin can be the major factor which can erase the poverty from this world. But, it is not possible for Bitcoin to do it all alone. Though it can contribute a lot, but even then we cannot entirely depend on Bitcoin to be our savior. You still need to introduce things like Crypto to eradicate poverty entirely.
This is not like a one man race. Everyone has its part to play and till the time everyone will think upon it in a serious way, you can’t see a society without poverty. Crypto currencies and Bitcoin are one of the saviors but they cannot do all this and that too lonely. We need to think on this matter in a serious manner if we want to end it. 
sr. member
Activity: 1092
Merit: 271
September 04, 2017, 02:41:00 PM
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.

The answer is simply no, Bitcoin can help in reducing jobless people by startup company that is offering them freelance or corporate job that pay in bitcoins, but it will never end the world population.  One reason for this is that not all people can be accomodated by these start up company and not all people are trading experienced, where they can earn profit.  So I guess if someone stated that Bicoin can end world poverty, it is an exaggeration.
sr. member
Activity: 1288
Merit: 253
September 04, 2017, 02:31:46 PM
Bitcoin and anything in this world, never be able to end poverty. Because poverty needed to balancing. Bitcon is just as a new tool for peoples to have more income, creating a new business industry whose effect absorbs alot manpower. Poverty is balance of wealthy.

At least bitcoin can reduce the percentage of poverty as is the case in many developed countries, it is understandable if the whole world has increased the economic level of its people, then the market will also adjust very quickly. Bitcoin is very capable of being a facilitator of this especially for third world countries.
sr. member
Activity: 630
Merit: 250
September 04, 2017, 01:20:47 PM
Bitcoin and anything in this world, never be able to end poverty. Because poverty needed to balancing. Bitcon is just as a new tool for peoples to have more income, creating a new business industry whose effect absorbs alot manpower. Poverty is balance of wealthy.
full member
Activity: 196
Merit: 100
September 04, 2017, 11:47:01 AM
I guess it can help reduce poverty, because it generates a good amount of profit, but it cannot end world poverty. Because there are some people who are in the midst of resources, but they are useless due to their character of being laziness, While there are some who are lack of resources but eager to work hard even in difficult condition ..We cannot change the mentality of the individual..but The government should also provide some alternative ways to assist or persuade everybody to fight against poverty.
sr. member
Activity: 392
Merit: 292
September 04, 2017, 10:02:11 AM
In order for bitcoin to complete world poverty, it is necessary to eradicate corruption and provide an opportunity for improving the economy in poor countries. But this can be done with any other currency.
Complete world poverty? That's absurd. You're making it worse! And besides corruption has nothing to do with poverty. I mean even if we reduce or even eradicate corruption we still can't make any difference to poverty. If a miracle happens maybe that poor country might get into well renown countries but then again we need absolute.
full member
Activity: 237
Merit: 100
September 04, 2017, 06:46:51 AM
In order for bitcoin to complete world poverty, it is necessary to eradicate corruption and provide an opportunity for improving the economy in poor countries. But this can be done with any other currency.
sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
September 04, 2017, 06:38:29 AM
I have high expectations that bitcoin will end world poverty if no one interferes. If they let bitcoin do the work, poverty will be gone once and for all. I am neither rich nor poor, but I am relying on bitcoin and believing in it. Honestly, I find myself comfortable when using bitcoin. My source of money is from bitcoin. My mom is not giving me pocket money. That's why I thank bitcoin for helping me be positive. 
hero member
Activity: 644
Merit: 500
September 04, 2017, 06:24:26 AM
No, bitcoin can not end poverty all over the world. This is an investment for those who can afford to allocate part of the money to it, and the poor do not even have the Internet to use the crypto currency.
That’s true. Bitcoins can improve your financial status only when you have invested good capital into bitcoins but those who are unable to make investments are surely not going to enjoy any profits from bitcoins. Bitcoins can reduce unemployment but can’t finish poverty from the world.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
September 04, 2017, 05:46:29 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.
newbie
Activity: 43
Merit: 0
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.
newbie
Activity: 52
Merit: 0
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.
full member
Activity: 224
Merit: 100
September 04, 2017, 03:25:38 AM
I think bitcoin taka will end poverty in the world. because not all poor people can believe in bitcoin. and they do not want to invest bitcoin. maybe only a few of them understand about bitcoin and start to invest. poverty in the world is not all affected by economic factors alone. sometimes poverty occurs because of the old country's conflict factor. thus making the people poor. the war between countries also makes poverty will continue .. that leads to death .. I think bitcoin could have given them income but not guarantee security for them avoid conflict. the long conflict makes the country paralyzed in the economy.
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