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Topic: Can Bitcoin End World Poverty? - page 124. (Read 63023 times)

sr. member
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August 05, 2017, 11:29:05 AM
Bitcoin may not, but the underlying technology blockchain, or other cryptocurrencies may very well do so!
sr. member
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August 05, 2017, 10:16:20 AM
Can bitcoin return the dragons, unicorns and magic? It is impossible to end poverty, every day the rich are richer and this will not change anything.
hero member
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August 05, 2017, 09:59:01 AM
The world is changing each day and the facets of changes are quickly turning the world upside down. One of the changes in our economy nowadays are how the bitcoins are making a lot of sense in circulating it's currency and it's value to people. We may not be so sure how bitcoin can help through the world's dangerous problem which is poverty, but we can continuously look forward to on how changes will continuously do it's part for all of us.

The thought of a very precisely. that a change must be addressed with a thought or a positive Outlook as well. Because only then can we get the benefits of these changes, for if we do not want to walk to receive those changes I am sure that it will give you a lot of harm to themselves and certainly in the future just regret we will have. So, now be someone who is willing to accept the changes. Because it is only through change of our economy could be larger than now
 
hero member
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August 05, 2017, 08:37:48 AM
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.

I agree with you that before you earn from bitcoin you need to have atleast knowledge with it so you can explore many ways to earn.  Also, poor ones needs to have the essentials to earn bitcoin such as computer with internet access and of course electricity.  It cannot end poverty but it will ease the hardship of some people who are having a hard time to earn money.  It can lessen maybe because there is a source of income especially to those who were unemployed.
full member
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August 05, 2017, 07:45:33 AM
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.
full member
Activity: 216
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August 05, 2017, 07:37:26 AM
No, bitcoin can not put an end to world poverty. Someone will have bitcoin more, and some will have less. It's just a currency you need to earn and its amount will be an indicator of a person's financial level.
hero member
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August 05, 2017, 07:21:43 AM
Poverty is a major problem in different countries and I don't think that bitcoin can necessarily solve this alone. Bitcoin is only accessible to those who afford to access the net and have gadgets. Those who can invest and not those who suffer poverty itself. So how can it alleviate poverty?

I'm actually starting to think that bitcoin might even cause poverty to a lot of people in the future. Once everyone has started using bitcoins and the cash has depleted (assuming that this will happen, of course) the people that are the latest to buy bitcoins will have the least bitcoins. It will make the early investors so powerful and the late investors so weak. Pretty much it will cause a revolution.

And since cash will have very value at that point, those that still have cash will have a hard time looking for someone that wants to trade bitcoin to cash. Even if he finds one, the conversion fee will be ridiculous and the value will be ridiculously low.
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August 05, 2017, 05:55:39 AM
Poverty is a major problem in different countries and I don't think that bitcoin can necessarily solve this alone. Bitcoin is only accessible to those who afford to access the net and have gadgets. Those who can invest and not those who suffer poverty itself. So how can it alleviate poverty?
hero member
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August 05, 2017, 05:24:42 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%
What if all the poor use bitcoin for their work and earn income from bitcoin, of course the world will get better because all poor people earn income. But that's all impossible because the problem they also do not have the expertise and also they have no tools to use bitcoin?
full member
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August 05, 2017, 05:24:03 AM
That's not an easy thing. I cannot say yes and I cannot say no also.
But I believe that bitcoin can help many people, specially in terms of financial needs.
If anyone will have knowledge of bitcoin, they will know how to inprove theirselves, they will make their way to get themselves up from whatever situations or state in life.
Bitcoin may,somehow, lessen the world poverty but not end it. Because ending the world poverty is a very big thing.
full member
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August 05, 2017, 03:23:40 AM
It can end up world's poverty problem. Bitcoin helps everyone and can give more income. Most of the time a person that is suffering from poverty doesn't have a stable job. Bitcoin can give a stable job provided that you know how to earn from bitcoin. The government should do a proper solution about poverty or instead they should feed their people with information about bitcoin.
sr. member
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August 05, 2017, 02:34:23 AM
I think bitcoin can end world poverty and that is if we would accept it with all our hearts and reject fiat which are being controlled by politicians and evil men.  The whole world is in the states of crisis now because of evil momentary policy by our political leaders especially from Africa and Asia. Bitcoin create equality , if you are hard work you make money!
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August 05, 2017, 02:19:59 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%

Wow, that is a small population of people. But if you think of it, that .01% is just the users if you will be having an interview to your countrymen you might surprised that they know what bitcoin is but do not invest in these type of digital currency.
sr. member
Activity: 468
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August 05, 2017, 12:11:29 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%
sr. member
Activity: 588
Merit: 253
August 04, 2017, 10:58:30 PM
BITCOIN is maybe not this answer of every questions like the end of world poverty.
However, the tech behind many altcoins and Bitcoin too will allow the world to improve communication and spreadind of technologies.

Coins will be created to help country to develop themselves without the omnipresence of a leader. Theses money can be bitcoin for example
Yes, and we all know that overcoming poverty is very difficult, even countries and governments may not be able to overcome poverty, because the main factor causing poverty is education and intellectuals.
newbie
Activity: 11
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August 04, 2017, 08:07:33 PM
BITCOIN is maybe not this answer of every questions like the end of world poverty.
However, the tech behind many altcoins and Bitcoin too will allow the world to improve communication and spreadind of technologies.

Coins will be created to help country to develop themselves without the omnipresence of a leader. Theses money can be bitcoin for example
sr. member
Activity: 728
Merit: 254
August 04, 2017, 07:43:46 PM
Bitcoin is not the solution to end the world poverty. Yes it may end the poverty of some individual but when it comes to the world, I  don't think so. There are some requirements needed if you want to be rich with bitcoin. You should have perseverance, patience and hard work. You can not just simply rely the fate of the world with bitcoin. Aside from it, there are also still some people who is not yet civilized with the technology and some people still do not have internet connection.
full member
Activity: 263
Merit: 102
August 04, 2017, 07:37:31 PM
I don't think bitcoin will be able to end poverty in the whole world because not everyone has an internet connection. In doing bitcoin that is very important. Aside from it you should also have atleast some bavkground knowledge about bitcoin so you may know what to do. Many people are still unaware of the existence of bitcoin. But who knows, maybe someday everyone will know about bitcoin and it will surely help them in term of finance.
sr. member
Activity: 994
Merit: 256
August 04, 2017, 05:42:27 PM
I'm not sure although the presence of bitcoin can alleviate total poverty, may only diminish but few people know only about bitcoin. If without government support it is difficult to overcome poverty.
There is big role of government in bitcoin because if they goes for support then many problems can be solve so we can mention that one of the problem is that as well. Because if bitcoin allowed by government than poverty can be easily finish by giving them a funds in bitcoin and giving them a training that how to become a familiar so i would like to say that they have huge role in bitcoin if they accept.
newbie
Activity: 9
Merit: 0
August 04, 2017, 12:16:36 PM
The world is changing each day and the facets of changes are quickly turning the world upside down. One of the changes in our economy nowadays are how the bitcoins are making a lot of sense in circulating it's currency and it's value to people. We may not be so sure how bitcoin can help through the world's dangerous problem which is poverty, but we can continuously look forward to on how changes will continuously do it's part for all of us.
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