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Topic: Can Bitcoin End World Poverty? - page 116. (Read 63023 times)

full member
Activity: 289
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August 22, 2017, 07:49:24 AM
Nope. World poverty isn't going to be end by just a bitcoin. It requires a good government too. When btc isn't existing, there are other countries that has less poverty.
hero member
Activity: 1190
Merit: 500
August 22, 2017, 07:05:57 AM
The potential as of now exists. One day, Poverty might be a relic of days gone by. On such a day, vagrants will never again be destitute. Welfare programs – and the administration organizations who direct them – will never again be essential. The world will be bursting at the seams with business, wherein exchanges should be possible quickly with secrecy with the help of bitcoins.
I don’t think it is a difficult task for bitcoin now because bitcoin has large potential to solve the problems and it is very reliable because bitcoin is all about internet and internet a applicable everywhere now as I have internet and I can make money through bitcoin but for bitcoin we need to have information and knowledge. Now a lot of people are wasting time on social media and facebook etc so if they will spend time in this forum in a constructive way it will be useful for them.
Maybe you can say that the internet has spread all over the world. Yeah that's true but most internet users are middle-class people and above. Only a few lower-class people use the internet, they do not even have the resources (computers, gadgets, etc) to use the internet, so how bitcoin can solve the problem of poverty if the poor can not use and access the internet?
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August 22, 2017, 06:51:32 AM
Two words that I could say to this WONDER FULL if we feel that we can help through this situation, well bitcoin is our Robin Hood to save us from poverty. Bitcoin serve as an intro for some people who tends to help other people to donate cash. Well if I could donate cash through bitcoin, I will give it to thempersonally not to a website that have a 'donate' in a menu. I think they will only corrupt it for a financial gain to make their sites beautiful and has a  good looking sites. Be sure to donate to poverty with a heart. 
sr. member
Activity: 574
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August 21, 2017, 12:51:20 PM
Bitcoin can only reduce some percentage of poverty in the world. Bitcoin cannot cure all the poverty around the world because there are too many people living in poverty. Bitcoin would play it role in helping people but it cannot satisfy all the needs of every man, woman and child in this world.

I think that it is not really bitcoin who can solve the world poverty but the job or business offered in a certain country. Bitcoin can help but just a little what we need is the support other government, the support for stable job.
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August 21, 2017, 12:29:07 PM
it's not the money nor the bitcoin will end the poverty. It's all about the mindset.
hero member
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August 21, 2017, 11:45:01 AM
The potential as of now exists. One day, Poverty might be a relic of days gone by. On such a day, vagrants will never again be destitute. Welfare programs – and the administration organizations who direct them – will never again be essential. The world will be bursting at the seams with business, wherein exchanges should be possible quickly with secrecy with the help of bitcoins.
I don’t think it is a difficult task for bitcoin now because bitcoin has large potential to solve the problems and it is very reliable because bitcoin is all about internet and internet a applicable everywhere now as I have internet and I can make money through bitcoin but for bitcoin we need to have information and knowledge. Now a lot of people are wasting time on social media and facebook etc so if they will spend time in this forum in a constructive way it will be useful for them.
sr. member
Activity: 573
Merit: 251
August 21, 2017, 10:56:33 AM
I think the problem of poverty is because the absence of the state in giving the opportunity to its citizens to do business, the presence of bitcoin can only reduce a little and is not possible totally.
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Activity: 1190
Merit: 541
August 21, 2017, 10:02:15 AM
Bitcoin's can't end poverty worldwide. That's obvious because you need connection and paying for internet at least, in order to earn bitcoin or just use it, poor people haven't the money even to eat, I dont think they have money to pay for Internet connection.
I agree with you mate, poverty is one of the big problem around the world. Bitcoin needs also capital, small amount of money for internet and a couple of time, but if you can't provide that then bitcoin can't do for you.  Bitcoin can't save you from proverty, why? Because  life is a matter of your choice, I you want to improve your living then find a job, do anything that can help you.
Indeed, bitcoins are alone not able to save the world from poverty. Poverty needs much involvement of governments and world richest persons to eradicate it forever. Obviously those countries which are unable to provide basic necessities to their people, how can they use bitcoins to improve their financial status?
sr. member
Activity: 805
Merit: 250
August 20, 2017, 11:42:31 AM
Bitcoin's can't end poverty worldwide. That's obvious because you need connection and paying for internet at least, in order to earn bitcoin or just use it, poor people haven't the money even to eat, I dont think they have money to pay for Internet connection.
I agree with you mate, poverty is one of the big problem around the world. Bitcoin needs also capital, small amount of money for internet and a couple of time, but if you can't provide that then bitcoin can't do for you.  Bitcoin can't save you from proverty, why? Because  life is a matter of your choice, I you want to improve your living then find a job, do anything that can help you.
sr. member
Activity: 1624
Merit: 315
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August 20, 2017, 11:01:14 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.
Poverty is indeed a big word and a big problem not just on one country but in all part of the sector of the world. Hence, the system of bitcoin being inclined into the technology is much vulnerable to experience development and progress which can make differences on some problem that a country possibly have in the part of economic state. But before it affect the people surrounding and living in a specific country it needs acceptance by the government or the system of the country to implement it on the system of transaction for people to have an option to earn and to make more profit.
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August 20, 2017, 10:50:37 AM
It won't totally end World poverty, it will just help to somehow lessen those who are jobless because bitcoin is profitable amongst it users and to most of the people. There are lots of ways to earn in Bitcoin and and not all of these ways requires a capital. A good example is joining Campaigns wherein you'll just finish the task and wait 'til the tokens are distributed.
Joining campaign is one of the ways on making money on bitcoin but not all people do have the capability to be online or do have their own pc or internet connection to engage with bitcoin. It do really give jobs to jobless people on the world but would depend on the knowledge and awareness of the said person if he havent know bitcoin yet then it would be still useless.
sr. member
Activity: 336
Merit: 250
August 20, 2017, 10:32:13 AM
The potential as of now exists. One day, Poverty might be a relic of days gone by. On such a day, vagrants will never again be destitute. Welfare programs – and the administration organizations who direct them – will never again be essential. The world will be bursting at the seams with business, wherein exchanges should be possible quickly with secrecy with the help of bitcoins.
full member
Activity: 345
Merit: 100
August 20, 2017, 10:04:32 AM
It won't totally end World poverty, it will just help to somehow lessen those who are jobless because bitcoin is profitable amongst it users and to most of the people. There are lots of ways to earn in Bitcoin and and not all of these ways requires a capital. A good example is joining Campaigns wherein you'll just finish the task and wait 'til the tokens are distributed.
full member
Activity: 420
Merit: 100
August 20, 2017, 10:01:10 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.
Agree with you. Bitcoin cannot end poverty but I believe people itself can change poverty. Bitcoin is just an instrument to aid the problems of every individual suffering poverty. So I believe people should make an action and start utilizing bitcoin so that we can make a changes within ourselves and with this small changes within can make big change in the country who are suffering poverty.
hero member
Activity: 1302
Merit: 503
August 20, 2017, 09:46:22 AM
No, how the hell did you get the idea that bitcoin could end world poverty? WTF!
I just want to add more something, Bitcoin can help individually, but not to give a solution in one country's problem like poverty. Poverty is already given in each nation in the entire world. Where it is one of responsibility to resolve by the government. If the government only will adapt the system and usages advantage of bitcoin, it can be a tools or way solutions depending on how the government will use it.
- Exactly, bitcoin can only help individual, it can not help a whole country or solve a world problem, especially the problem of poverty, this is a problem that has been talked about for many years and the whole world together to solve but until now, poverty has been unable to stop. The world can not do, bitcoin also can not, Bitcoin only helps people who are interested and want to make money online, want to get rid of unemployment, it is an opportunity not a god, it will not end anything
sr. member
Activity: 392
Merit: 292
August 20, 2017, 09:42:11 AM
Bitcoin can only reduce some percentage of poverty in the world. Bitcoin cannot cure all the poverty around the world because there are too many people living in poverty. Bitcoin would play it role in helping people but it cannot satisfy all the needs of every man, woman and child in this world.
Well I think it wouldn't help that much even in the least part possible. If you would think about it, I mean practically speaking, Bitcoin is just another currency that will be used to different platforms of transactions.
hero member
Activity: 1806
Merit: 672
August 20, 2017, 09:09:04 AM
yeah it can be possible because of the price of bitcoin today it will hit 5000$ after the year ends for sure, if all of the people knows about bitcoin it can be the end of the poverty. but it will happen not today but for sure in the future,

Not all people can afford to connect to the Internet, buying a phone that can connect to Internet is another issue, so how can you tell that the bitcoin can cure the poverty (possibly) if the poor cannot even connect to the Internet or have a phone. Bitcoin is very dependent to the Internet, meaning without Internet you cannot access to any Bitcoin. Kindly explain how can the bitcoin cure poverty if the btc rises up to 10000$ or more.
The price of Bitcoin does not have any relation with it ending poverty. So what will happen if Bitcoin did reach 5000$? Does it automatically make people down the poverty rate rich or even a middle class person? I don't think so, Bitcoin is considered as an investment but for people to experience the growth from it they must also put some capital on those things in order to experience taking profit from it and to remind you it is not an easy process to do so.
full member
Activity: 455
Merit: 106
August 20, 2017, 08:58:59 AM
yeah it can be possible because of the price of bitcoin today it will hit 5000$ after the year ends for sure, if all of the people knows about bitcoin it can be the end of the poverty. but it will happen not today but for sure in the future,

Not all people can afford to connect to the Internet, buying a phone that can connect to Internet is another issue, so how can you tell that the bitcoin can cure the poverty (possibly) if the poor cannot even connect to the Internet or have a phone. Bitcoin is very dependent to the Internet, meaning without Internet you cannot access to any Bitcoin. Kindly explain how can the bitcoin cure poverty if the btc rises up to 10000$ or more.
sr. member
Activity: 798
Merit: 258
August 20, 2017, 05:20:44 AM
No, how the hell did you get the idea that bitcoin could end world poverty? WTF!
I just want to add more something, Bitcoin can help individually, but not to give a solution in one country's problem like poverty. Poverty is already given in each nation in the entire world. Where it is one of responsibility to resolve by the government. If the government only will adapt the system and usages advantage of bitcoin, it can be a tools or way solutions depending on how the government will use it.
sr. member
Activity: 840
Merit: 252
August 20, 2017, 04:03:07 AM
yeah it can be possible because of the price of bitcoin today it will hit 5000$ after the year ends for sure, if all of the people knows about bitcoin it can be the end of the poverty. but it will happen not today but for sure in the future,
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