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Topic: Can Bitcoin End World Poverty? - page 123. (Read 63023 times)

sr. member
Activity: 292
Merit: 250
August 06, 2017, 08:12:48 AM
Bitcoin can change an individual's financial status and  economic status. And the solution for world poverty is to start in the smallest component of the community which is one's self. If many people would increase their economic status the community or society where he belong will also increase its economic status. Domino effect. But first, bitcoin must be promoted even in the lowest society.
sr. member
Activity: 742
Merit: 251
August 06, 2017, 03:35:46 AM
Thats right bitcoin can end world poverty. But bitcoin is a digital currency bitcoin need tichnology and in world there is many country they have not those tichnology who use bitcoin and finish thier poverty.
full member
Activity: 230
Merit: 100
August 06, 2017, 03:07:48 AM
Bitcoin should be distributed evenly in countries that already accept the presence of bitcoin, in order to reduce poverty, so heads of state or government must be firm in this important matter.
legendary
Activity: 1218
Merit: 1000
August 06, 2017, 12:45:02 AM
Well, maybe the use of bitcoin is very difficult to overcome it. Using bitcoin in coping with poverty, of course it can. But for now, there are still so many people who do not understand bitcoin. Maybe if the government makes such a goal, it might just happen.
sr. member
Activity: 588
Merit: 250
August 06, 2017, 12:40:01 AM
I'm not sure that the presence of bitcoin can overcome poverty, this is because users and who know bitcoin is still small, maybe in my country bitcoin users no more than 0.01%
Yeah there are very few people who use bitcoin, and after all poor people certainly will not know about bitcoin. They do not access bitcoin, they do not have computers, even I still hesitate if they also see the television, so bitcoin will not be able to solve the problem of poverty in the world



There are endless possibilties how ever solving/ending poverty issues is far beyond reality. Poor people does'nt have computer or internet access so there's no way bitcoins can solve there financial problem.

Ya what you are telling is true but still their are people who are now earning very good that they have overcome their poverty because their are people who have internet knowledge and have computer but due to high inflation they are not able to run their family with their salary so for them Bitcoin earning is a boon to get rid of this problem.
But I think if have more rich man from poor people get rich from Bitcoin, they will helps the people have situation as them in history. So why can't say Bitcoin can end world poverty if the future has many millionaires from Bitcoin, even Billionaire is possible Roll Eyes?
legendary
Activity: 1190
Merit: 1002
August 05, 2017, 11:58:14 PM
I'm not sure that the presence of bitcoin can overcome poverty, this is because users and who know bitcoin is still small, maybe in my country bitcoin users no more than 0.01%
Yeah there are very few people who use bitcoin, and after all poor people certainly will not know about bitcoin. They do not access bitcoin, they do not have computers, even I still hesitate if they also see the television, so bitcoin will not be able to solve the problem of poverty in the world



There are endless possibilties how ever solving/ending poverty issues is far beyond reality. Poor people does'nt have computer or internet access so there's no way bitcoins can solve there financial problem.

Ya what you are telling is true but still their are people who are now earning very good that they have overcome their poverty because their are people who have internet knowledge and have computer but due to high inflation they are not able to run their family with their salary so for them Bitcoin earning is a boon to get rid of this problem.
hero member
Activity: 630
Merit: 500
August 05, 2017, 11:49:33 PM
I'm not sure that the presence of bitcoin can overcome poverty, this is because users and who know bitcoin is still small, maybe in my country bitcoin users no more than 0.01%
Yeah there are very few people who use bitcoin, and after all poor people certainly will not know about bitcoin. They do not access bitcoin, they do not have computers, even I still hesitate if they also see the television, so bitcoin will not be able to solve the problem of poverty in the world



There are endless possibilties how ever solving/ending poverty issues is far beyond reality. Poor people does'nt have computer or internet access so there's no way bitcoins can solve there financial problem.
Solving problems of the world was so unbelievable including poverty. Based on the statistics of the world around 65% of each countries was not eat 3times a day so if we summary maybe around 65%-70% of people in the whole world are poor. I think maybe bitcoin can help to decrease the volume of unwealth people but to end poverty in the world I believe that is not possible.
full member
Activity: 504
Merit: 102
August 05, 2017, 10:47:47 PM
I'm not sure that the presence of bitcoin can overcome poverty, this is because users and who know bitcoin is still small, maybe in my country bitcoin users no more than 0.01%
Yeah there are very few people who use bitcoin, and after all poor people certainly will not know about bitcoin. They do not access bitcoin, they do not have computers, even I still hesitate if they also see the television, so bitcoin will not be able to solve the problem of poverty in the world



There are endless possibilties how ever solving/ending poverty issues is far beyond reality. Poor people does'nt have computer or internet access so there's no way bitcoins can solve there financial problem.
legendary
Activity: 1372
Merit: 1008
August 05, 2017, 07:28:45 PM
I'm not sure that the presence of bitcoin can overcome poverty, this is because users and who know bitcoin is still small, maybe in my country bitcoin users no more than 0.01%
Yeah there are very few people who use bitcoin, and after all poor people certainly will not know about bitcoin. They do not access bitcoin, they do not have computers, even I still hesitate if they also see the television, so bitcoin will not be able to solve the problem of poverty in the world
sr. member
Activity: 462
Merit: 250
August 05, 2017, 07:08:24 PM
I think Bitcoin is just money, and like other moneyz can not do anything other than for payment traction. People can use it as a tool to make more money to make themselves richer by increasing their net worth but expecting bitcoin to end world poverty makes no sense to me.
i think bitcoin cannot end the world poverty and specially in present time when its uses is not so much,i think bitcoin first need to increase the number theof their users and when its users will increase more then it may become able to  facilitate  their users more, may be make people enable to earn  more money and reduce poverty.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
August 05, 2017, 06:23:37 PM
Bitcoin is not a magic wand which will end world poverty. It simply doesn't have the power to end such a massive thing. Also bitcoin is not a payment system anymore. We have moved to a different goal long back, when the confirmation time increased and transaction fees hiked. These confirmation time and transaction fees is going to be increased again and again. So we will move from the initial goal further.

Bitcoin has now purely became an investment asset. IT can provide a huge return which any other conventional investment will never be able to offer ever. So I take bitcoin purely as an investment and a trading asset. I earn profit  and keep it for the future.
Yes his right bitcoin is not a magic that can end poverty but bitcoin can lessen poverty we all know that bitcoin gives us money we earn from it if all people are doing it and investing it lots of people will earn money from it so poverty can lessen but not end
Bitcoin may help some people earn more money, but those that are earning it are using their knowledge to do so, so I think quality education must be the top priority that way those people that are poor could lift themselves out of that state by studying hard and improving themselves.
I couldn't agree more. If we would analyze it, having more focus on educating the people all over the world could end world poverty. After they provide the resources they needed in order for them to have proper education, then most likely they will now choose what would be the best way to help them to make a living and don't just rely on the help of others. And earning Bitcoin is just one of those aspect that they would choose.

Bitcoin alone can't end this major kind of problem, it bounds to many different reasons why it can't.
Correct, we are in the information age and the more information we have at our disposal and the we were able to master the better, that is why education is key, someone without an education cannot aspire too much since he will not be able to go very far in the labor market.
full member
Activity: 994
Merit: 117
August 05, 2017, 04:53:14 PM
I think Bitcoin is just money, and like other moneyz can not do anything other than for payment traction. People can use it as a tool to make more money to make themselves richer by increasing their net worth but expecting bitcoin to end world poverty makes no sense to me.
jr. member
Activity: 47
Merit: 10
August 05, 2017, 04:38:00 PM
I think it depends on the situation. Bitcoin can only end the poverty of those who knows bitcoin,but those who dont know anything about bitcoin, they are always in poverty in thier entire life like on some places were technology have no room.
I think no, because everyone of us have their beliefs in life. Bitcoin cannot end the world of poverty, some are believe in bitcoin and some are not. Poor people are follows only what have their see or what is normal life, but people have their good life are find another way to change their  life. That's why some are rich and some are poor. So Bitcoin is not the way to end World poverty only some people change  life.
hero member
Activity: 980
Merit: 506
August 05, 2017, 04:04:46 PM
Not that easy as you think. Before someone earn from Bitcoin, he needs to learn so much about this. This is not just a click. But as soon as most of the people learn and apply this, why can't it end poverty. Poor ones may not access this easily so they need to be helped by others, with that everyone will earn   and transactions will be easy and more.
Very well said, Many people yet don't know about bitcoin and its benefits. Bitcoin will give you profit if you have enough knowledge to earn some bitcoins. Almost 90% people here know it very well but what about the peoples who don't yet know about bitcoin.

We all must try to teach at least small amount of peoples about bitcoin and how to earn them. If we do so, Bitcoin will definitely overcome poverty from the world.
member
Activity: 70
Merit: 10
August 05, 2017, 03:40:53 PM
No, how the hell did you get the idea that bitcoin could end world poverty? WTF!
member
Activity: 98
Merit: 10
August 05, 2017, 03:37:37 PM
The truth is that bitcoin has helped to improve the economy through the recycle of e-money,and maybe in the near future this will become more effective.However (and sadly) this not means that bitcoin do such a wonder like end world poverty.I think the reason why this can not happen is obvious.
sr. member
Activity: 588
Merit: 254
August 05, 2017, 03:08:21 PM
i dont think that bitcoin itself can end the world poverty, but if the people try to join and earn bitcoin
maybe world poverty can lessen and end eventually end. its depend on how hard people try to leave poverty of theirself
I think bitcoin can help lesson the world poverty, poverty in itself is a vast subject and there are many elements that with a combination can end poverty. If we think that only earning money can end poverty, unfortunately but this perception is wrong because it is not only earning. Poverty can never be eradicated by individuals policies can do it.
According to my understanding bitcoin can strengthen those individuals economically or financially who has reach to bitcoin, there is a larger number of people who don't have access to bitcoin.
hero member
Activity: 756
Merit: 500
August 05, 2017, 02:31:43 PM
i dont think that bitcoin itself can end the world poverty, but if the people try to join and earn bitcoin
maybe world poverty can lessen and end eventually end. its depend on how hard people try to leave poverty of theirself
full member
Activity: 476
Merit: 100
August 05, 2017, 02:28:58 PM
There are some things that we need to consider first before we say that bitcoin can end the world's poverty. I think that the government are also now investing in bitcoin. It will be a good factor if and only if they will use bitcoin for good. For example, if they will build a charity or something like a program that will surely help those people who are unemployed. Little by little by that small things, we can prove that bitcoin can really ends the world's poverty.
full member
Activity: 165
Merit: 100
August 05, 2017, 12:51:56 PM
Bitcoin is a very influential digital money for all peoples to look up or down, now bitcoin will create new things by ending poverty in the world.
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