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Topic: Can Bitcoin End World Poverty? - page 111. (Read 63043 times)

sr. member
Activity: 491
Merit: 250
August 29, 2017, 12:02:40 AM
Bitcoin can’t end the poverty in the world, but it sure can contribute its quota to making the world a better and safer place to live in. poverty has been there since the world began so you don’t just expect it to go away in 100 years.
hero member
Activity: 896
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August 28, 2017, 01:10:41 PM
Bitcoin is really trying, but it will have to do a lot more to end poverty, as the bitcoin spreads its bringing relief to many, but strong financial hands will be needed to make it happen.
It is so lame to fix eyes on bitcoins to end world poverty when the bloody billionaires are sitting round their money just like serpents ready to engulf anyone who even takes a look of their money. They are not paying any taxes rather this devils are all the time imposing taxes on us. Under such circumstances, how can bitcoins end poverty ?
sr. member
Activity: 798
Merit: 253
August 27, 2017, 02:16:09 PM
Poverty cannot be solved by a single solution. It has far too many factors why poverty came to be like people lacking education, the country's economy and the mentality of the person. If we like to end poverty, we have to address the root, if not, the major problem causing it and i think bitcoin is not yet capable of that feat. Why? in terms of services that bitcoin provides, many altcoins surpass bitcoin it just so happens that it is the pioneer in cryptocurrency.
Yep! It is quite insane to expect that bitcoins all alone can wipe out poverty forever from the face of earth. Poverty is caused by multiple factors and until we don’t address them in detail, poverty will stay in the world. Some prime reasons of poverty you have already mentioned and I do agree with you that these things should be addressed as soon as possible to eradicate poverty.
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August 27, 2017, 06:26:52 AM
Though it will not totally end the world poverty,  Bitcoins has been able to create job for lots of unemployed people in the world and because of that they are able to feed themselves and their family. Bitcoins has done more than what most governments couldn't do for their citizens that's to create jobs for them.

True bitcoin has help a lot of people in financially because people can now earn through bitcoin even if they haven't graduated from school so it gives them a chance to have a decent payment.
full member
Activity: 476
Merit: 100
August 27, 2017, 06:06:55 AM
Bitcoin can not defeat poverty. The poor do not even have the Internet to use or earn bitcoin. He earns only those who already have enough money for a good life.
full member
Activity: 378
Merit: 102
August 27, 2017, 12:49:07 AM
Poverty cannot be solved by a single solution. It has far too many factors why poverty came to be like people lacking education, the country's economy and the mentality of the person. If we like to end poverty, we have to address the root, if not, the major problem causing it and i think bitcoin is not yet capable of that feat. Why? in terms of services that bitcoin provides, many altcoins surpass bitcoin it just so happens that it is the pioneer in cryptocurrency.
hero member
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August 27, 2017, 12:47:29 AM
For me i think it can't end the world poverty because earning btc s not so easy and not all people know what is bitcoin and how to earn it.. But if the government of every country will invest on mining materials to mine Btc and distribute to all people,this may be can help everyone in financial problem.
Exactly there is no guarantee that you will earn Bitcoin even on a fixed amount. How can you end something even if you are not sure that you will earn anything? Yes I know there are signature campaigns out there but it only has limited slots in which only a few people can enter. Thus only giving a few people a chance to earn on a fixed rate. Bitcoin cannot sold poverty as it can only help a few people until now. And it is actually up to the person if he wants to get out of poverty or not.
full member
Activity: 406
Merit: 100
August 27, 2017, 12:39:12 AM
I think yes at some point because we all know that the influence of bitcoin is widely spread already all over the world. As soon as it become legalized globally, the sooner the poverty will get aided. There are still some instances that may affect the solution of world poverty like if ever someone will doubt the ability of bitcoin or if someone will think it's just a fraud. Everyone have their free will and it is what will bring them out of poverty.
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August 27, 2017, 12:36:12 AM
I think bitcoin would only be able to solve the poverty in the world if it's already legalized everywhere. You can not depend in bitcoin if there are still some people who don't know it. We all know that there are still some people who don't have an idea about bitcoin and how it can solve one's poverty. You can not expect bitcoin to magically solve the poverty because it is just a cryptocurrency wherein you need to put up an action to be beneficial with it.
member
Activity: 259
Merit: 76
August 27, 2017, 12:32:49 AM
In my opinion, I think that bitcoin can't solve world poverty knowing that bitcoin is just a cryptocurrency and the change in the world's economy depends on the action of the people in it. Bitcoi can't solve the poverty within an individual if he would not come to bitcoin and work for it. We hold our fate whether we die lying on the grounds of those who are in the poverty or we die gaining as much as we can because we worked hard for it.
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August 27, 2017, 12:20:13 AM
For me i think it can't end the world poverty because earning btc s not so easy and not all people know what is bitcoin and how to earn it.. But if the government of every country will invest on mining materials to mine Btc and distribute to all people,this may be can help everyone in financial problem.
jr. member
Activity: 56
Merit: 10
August 27, 2017, 12:15:44 AM
I don't think so, because bitcoin will only help the poor in connecting them with decentralised banking NOT ENDING WORLD POVERTY
member
Activity: 109
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August 27, 2017, 12:12:50 AM
It's hard to say whether or not it will. It is quite real that in the near future with the help of bitcoin there will be less people in need. Unless, of course, these people think about their future.
sr. member
Activity: 434
Merit: 250
August 26, 2017, 04:40:45 PM
Though it will not totally end the world poverty,  Bitcoins has been able to create job for lots of unemployed people in the world and because of that they are able to feed themselves and their family. Bitcoins has done more than what most governments couldn't do for their citizens that's to create jobs for them.
sr. member
Activity: 630
Merit: 251
August 26, 2017, 03:40:41 PM
The main problem of poverty is the unevenness of welfare, most of the poor because of their low level of education. The presence of bitcoin can be a solution to share the economic package of the country rather than using fiat money.
I think that you are right. Many countries have so high illiteracy rate that people barely now how to use a phone properly. Then how would they get to know about bitcoin? It can end poverty but it will take a lot and a lot of time to make this happen. Government should take steps in order to remove illiteracy but this will also be very difficult. In short it can remove poverty but it will time.
full member
Activity: 168
Merit: 100
August 26, 2017, 08:58:16 AM
There's plenty of factors to consider to aid , lets just say aid not end since it seems impossible. Going back, poverty is again in my opinion is inivitable. There might be a successful country but behind this , there will always be poverty. Let's say it's yin and yang , the balance of life. What i'm trying to point out is that bitcoin might be a great potential aid or help in "lessening" the said proverty that every country has but would never be the reason to end the said concern.
hero member
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August 26, 2017, 08:52:32 AM
bitcoin is made of course for economic improvement, including to reduce and even eliminate poverty, but everything goes back to state policy, if the state wants to think for good, of course, it can immediately legalize bitcoin.
No, in my opinion, Bitcoin give us the opportunites about make money and helps the people have knowledge and economy for enough buy a PC and internet connect online. This is reason Bitcoin cannot helps end world poverty.
why you are just looking at it like that? people should take this as an advantage with how bitcoin investment and knowledge will be very useful in the long
run, if you look inside this forum many people already gain a lot we just always think positive and keep it up to look for more ways to earn.
Being positive is a must with bitcoin as well other digital currencies. Same positivity won't lead to end the poverty which is a major issue for years. Our forum gives access to earn, but the same can't be done by everyone. So even the positive people can earn only if they're educated. On this belief educating each and every people is the only way to eradicate poverty.
sr. member
Activity: 819
Merit: 251
August 26, 2017, 08:49:58 AM
well it is possible if all of the people around the world will know about this cryptocurrency, and hope that when they know that the bitcoin price is just like a thousand dollars like today, and not hundred thousand dollars. bitcoin can end the world poverty in future
hero member
Activity: 866
Merit: 1001
August 26, 2017, 08:46:48 AM
I think its very hard for bitcoin to do so.World poverty rate is very high.Bitcoin is only limited to 21 million coins.More over,illiterate people are more in under developed countries.They are not familiar with digital transactions and so they don't understand how bitcoin works.Also,internet facility is not widely available all over the world.There are still many countries where there is no internet facility.So,bitcoin for sure could make some people millionaire,more people rich,but it could not end poverty.
hero member
Activity: 2968
Merit: 687
August 26, 2017, 08:09:18 AM
bitcoin is made of course for economic improvement, including to reduce and even eliminate poverty, but everything goes back to state policy, if the state wants to think for good, of course, it can immediately legalize bitcoin.
No, in my opinion, Bitcoin give us the opportunites about make money and helps the people have knowledge and economy for enough buy a PC and internet connect online. This is reason Bitcoin cannot helps end world poverty.
why you are just looking at it like that? people should take this as an advantage with how bitcoin investment and knowledge will be very useful in the long
run, if you look inside this forum many people already gain a lot we just always think positive and keep it up to look for more ways to earn.
Most of us do really have positive way of thinking but there are really some people who are close minded person. Yes,there are lots of money making opportunities on here. Talking about world poverty i cant think that bitcoin would end it because even on local fiat itself didnt still solve that thing for how many decades,centuries have passed and i do believe that this problem would last on future generations.
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