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Topic: Can Bitcoin End World Poverty? - page 113. (Read 63023 times)

full member
Activity: 339
Merit: 120
August 24, 2017, 08:33:37 PM
If we are talking about the world, I think it wlll take a long time before bicoin's domination is totally spread everywhere. We know bitcoin is indeed life changer and it is possible for someone to escape poverty with the help of bitcoin. It still depend if a certain country has bitcoin legalized already in there, it will surely make a big noise which will make people the crave for bitcoin. It is still unnecessary to say thay bitcoin can end the world poverty because we are already talking about the world.
sr. member
Activity: 360
Merit: 250
August 24, 2017, 08:21:22 PM
I am not sure if Bitcoin can end the world poverty, but i think it can help so many poor people around the world.
As decentralized and anonymous currency its easy to use for so many people from poor countries.
hero member
Activity: 1190
Merit: 500
August 24, 2017, 07:39:07 PM
Bitcoin will not end world poverty because most people who invest in it will be late so they will not get big return on their investment compared to the early adopters like us!

Wouldn't it be great if bitcoin can actually do that right? Ending poverty in the hands of regular people like us. Though unfortunately it will take more than that to end poverty. Bitcoin may help people financially in more ways than one but general poverty is more than nust getting people money to spend. This issue is too big and broad for btc.
Of course this problem will be very large if it is generalized to bitcoin. Certainly bitcoin will not likely have the power to end poverty in the world. While poverty is accomplished by many things such as government policy, the provision of science and resources, extensive employment, and poverty has been around since the start of time right ?
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August 24, 2017, 07:15:20 PM
We all know that bitcoin's influence is widely spread all over the world but still we can not ignore the fact that there are still some people who don't have an idea about bitcoin. We all want to get out of the poverty but without knowing anything about the solution, it will all be nonsense to say that bitcoin can end world poverty. It depends on anyone if they know what bitcoin is, then if they know it they might have a chance to escape poverty.
full member
Activity: 378
Merit: 100
August 24, 2017, 07:07:56 PM
Bitcoin can be considered as a powerful cryptocurrency. It can use it's ability to end the world poverty knowing that it is the digital age already. Our age is known to have the fastes access in almost everything in the world and in bitcoin, the transactions are made even more faster than ever. We all want that to happen but knowing that the end of poverty can not be made alone with bitcoin, wherein it needs some action by us. I don't think the time is near.
full member
Activity: 392
Merit: 100
August 24, 2017, 06:45:54 PM
Based on what I'm currently witnessing, I can say that yes, it can end the world povery but it will still take up a long time before it will happen with the total of mankind free from poverty. Bitcoin itself can not make the set the world free from poverty, it is us who writes down our fate whether we die poor or we die rich. We all want to be free from poverty but if we wouldn't exert actions to step out of the state of poverty, then nothing will happen.
full member
Activity: 462
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August 24, 2017, 06:45:12 PM
I don't think it can because if we are stating that the world will be free from poverty with the help of bitcoin the we are pertaining to each and everyone of us. We all know that not everyone knows how to use laptop, phone or computers which makes it impossible to earn in bitcoin. Not everyone also have their own internet connection. We are capable on what we are going to do that can lead us for the better.
member
Activity: 98
Merit: 10
August 24, 2017, 04:32:09 PM
I think cant,because many people dont know about economy especialy in poor nations in Afrika or some states in South America.The goverment can work to education and inform people about bitcoin and his benefits,and on this way only.Problem is that many people is dont know what bitcoin is,if anyone try can expect hard work.
sr. member
Activity: 882
Merit: 282
August 24, 2017, 01:57:26 PM
I think bitcoin can actually end the ravaging poverty face the world especially the Third World countries. If people could be busy doing something online like programme, website design and rendering some little service online there can come out of poverty.
hero member
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August 24, 2017, 01:51:09 PM

It's true that bitcoin already helped a lot of people reach their dreams to become rich but it's not even close in solving world poverty. Poverty is a global problem and it's way to big for bitcoin to solve it. I think that poverty is really hard to solve because not all people are willing to share what they have or even open opportunities for other people.
hero member
Activity: 1190
Merit: 534
August 24, 2017, 01:49:08 PM
If the world still has the thing which people consider as money, there will always be poverty. People are trying to adopt bitcoin as a new kind of money and therefore, I do not think that bitcoin can easily end world poverty

I honestly think that it has nothing to do such understanding. Bitcoin is not a magic stick to do something in that way. It is just another innovation like a computer, internet etc which is bringing the change in our life. Bitcoin has some monetary value and since Bitcoin is widely accepted all over the world, we can leverage that spread to utilize maximum capacity of that monetary value. This will help us to create more opportunities for everyone and that will help to destroy poverty.
sr. member
Activity: 331
Merit: 250
August 24, 2017, 01:20:24 PM

I think it can help to end poverty even in simple way like bitcoin can be used by the other persons to held some reach out programs that giving some people opportunities to establish a business and of course held some seminars or talks about bitcoin so that they can help others to earn an extra income for their family.
sr. member
Activity: 896
Merit: 268
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August 24, 2017, 01:17:35 PM
I don't see how bitcoin is helping people in Africa getting food or avoiding wars.


Yes. Bitcoim has nothing to do with the poverty of a specific person because if the poberty of a people gone or overcome it is depend on him on how he handle his life and how he manage their money. Many people today are having trouble with their money because of shortage but they can't earn bitcoin because they do not have any gadgets to use or technology that can earn bitcoin.
sr. member
Activity: 411
Merit: 335
August 24, 2017, 01:14:35 PM

I think yes because bitcoin is a very good way of earning today. Even though you doesn't have any degree all you need it to have is hardwork, intelliegent and of course gadgets. Bitcoin can help people that are short for financials and those people who didn't know where to get money. Because bitcoin is a very big thing today to many people.
Mr
sr. member
Activity: 309
Merit: 250
August 24, 2017, 12:54:05 PM
If the world still has the thing which people consider as money, there will always be poverty. People are trying to adopt bitcoin as a new kind of money and therefore, I do not think that bitcoin can easily end world poverty
hero member
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August 24, 2017, 12:46:26 PM
Bitcoin will not end world poverty because most people who invest in it will be late so they will not get big return on their investment compared to the early adopters like us!

Wouldn't it be great if bitcoin can actually do that right? Ending poverty in the hands of regular people like us. Though unfortunately it will take more than that to end poverty. Bitcoin may help people financially in more ways than one but general poverty is more than nust getting people money to spend. This issue is too big and broad for btc.
legendary
Activity: 1036
Merit: 1002
August 24, 2017, 12:44:54 PM
Nope but if the world will be accepting bitcoin and help people to learn about it then maybe those jobless who are poor and learn about bitcoin to earn then there are chances the life they used too will going to change like mine because of bitcoin i learned how to manage my money and on how i can be independent without asking money from my parents and also this is the way where i can help them in our monthly bills.
sr. member
Activity: 854
Merit: 281
August 24, 2017, 12:35:02 PM
I don't think bitcoin can end poverty, but it can pave the way for fairer distribution of global resources. As an idea, it opens avenues for future development. I foresee a future in which robots will do all of the labor, and humans -- merged with computers -- will receive a universal basic income. In this case, poverty is likely to be phased out.
full member
Activity: 296
Merit: 100
August 24, 2017, 12:33:42 PM
It is not a possible thing to end world poverty by Bitcoin. Poor people and illiterate will be suffering a lot by poverty, they won't have any access to internet and they were the ones with poor knowledge. May be a few come up by Bitcoin but the others may fail.
hero member
Activity: 700
Merit: 500
August 24, 2017, 12:06:40 PM
Bitcoin will not end world poverty because most people who invest in it will be late so they will not get big return on their investment compared to the early adopters like us!
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