Can Bitcoin End World Poverty? - page 129.

Clavulanic

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Quote from: South Park on July 26, 2017, 01:31:58 PM

Quote from: stompix on July 23, 2017, 05:21:02 PM

Quote from: South Park on July 23, 2017, 01:21:05 PM

Quote from: Kodok Bencot on July 21, 2017, 10:06:53 PM

I think, bitcoin should be distributed evenly so that it can reduce and even eliminate poverty. The government played a major role in this.

Of course not, that is communism, communism has showed time and time again that it does not work, that it kills more people in times of peace than any capitalist country could in times of war, there are always going to be differences in income that is something we need to accept.

But it was pretty funny in communism.
Nobody was poor. We all had money.

We didn't have food to buy, no heat in winter, no hot water electricity shortages but by the book we were all employed with self sufficient wages.

Now the new trend is socialism but it works just as good as communism. Venezuela for example.

Lol, but you are right, communism tried to sell the idea that it works but it does not, now socialism is taking root everywhere but it is nothing but a toned down communism, at some point they are going to run out of money and when that happens, what is happening at Venezuela at the moment is the result, repression, arrest of political opposers, lack of products and services, this proves once again that there is not such a thing as a free lunch.

I think those were really a broad discussion for this matter mate, but you're really awesome in explaining those ideas about ending world's poverty. Then nothing would happen if a person dosn't want to adopt the learnings on how he/she would learn everthing for bitcoin. It's so hard to motivate people if their minds were so closed and never open new doors for better opportunity in the future and here with bitcoin it's already revealed actually, and it's really promising as it will really help supress poverty but not totally removing poverty.

South Park

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Quote from: stompix on July 23, 2017, 05:21:02 PM

Quote from: South Park on July 23, 2017, 01:21:05 PM

Quote from: Kodok Bencot on July 21, 2017, 10:06:53 PM

I think, bitcoin should be distributed evenly so that it can reduce and even eliminate poverty. The government played a major role in this.

Of course not, that is communism, communism has showed time and time again that it does not work, that it kills more people in times of peace than any capitalist country could in times of war, there are always going to be differences in income that is something we need to accept.

But it was pretty funny in communism.
Nobody was poor. We all had money.

We didn't have food to buy, no heat in winter, no hot water electricity shortages but by the book we were all employed with self sufficient wages.

Now the new trend is socialism but it works just as good as communism. Venezuela for example.

Lol, but you are right, communism tried to sell the idea that it works but it does not, now socialism is taking root everywhere but it is nothing but a toned down communism, at some point they are going to run out of money and when that happens, what is happening at Venezuela at the moment is the result, repression, arrest of political opposers, lack of products and services, this proves once again that there is not such a thing as a free lunch.

thepolarbear

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Bitcoin is not a genie that can grant the world wishes especially stopping the begarry. Yes ! bitcoin do help some of us in terms of it offers earnings to the one who uses the bitcoin but it cannot end the world's poverty because not all the citizens of the Earth are that hardworking and knowledgeable about the bitcoin to be part of this org. and also bitcoin was not build to end the world promblems. And many places out there still don't have electricity, internet and ofcourse can't afford to buy technologies so how do they connect and interact in bitcoin ?

basyang

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Quote from: ranih on June 28, 2017, 08:33:48 AM

I don't see how bitcoin is helping people in Africa getting food or avoiding wars.

I agree to you, I think Poverty is a instinctive problem of every country and all of us want money because of our needs. Bitcoin is money and just like money its value is same as other currencies, So I do not think bitcoin can end world poverty even other currency can not helped to end it.

In my opinion, to help bitcoin to less the poverty in the world, We need to instruct them on how bitcoin work and how to earn it, through this we can help a people to reduce their indigence.

sandrun

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Bitcoin is a very nice virtual currency to use. I think bitcoin can overcome a person's poverty and can also make people become poor. We know with the rising bitcoin prices we unknowingly benefit from bitcoin. If we buy bitcoin at the price of 2500 $ yesterday, and the price is now 3000 $ of course we will get profit so we get the money. But we need to be careful because the price of fluctuating bitcoin makes us sometimes get a loss if we are wrong in using bitcoin. If you experience an eating loss you are prepared to be poor. Hope it does not happen to you

therewolfslim

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There are 2 strong reasons i think this is impossible:
1 - Poverty problem is too advanced in numbers and if you could finish whith it how do you ensure those people will be productive in society if they always have lived in hard conditions.
2 - People won't like giving too much money for this cause.

CryptoGeneral

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No! Why should any currency end greed and fear? Both are factors that need to be eliminated to end poverty.

justdimin

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Quote from: auditankara on July 21, 2017, 06:59:02 PM

I've seen previous comments about this. I see it damn hard, you can only do campaigns, but ending with the entire poverty never.
I wish it could be a solution, but it's not.

It is the solution if you are willing that poverty will be end. So kindly provide them instead of some money teach them and give them some knowledge about bitcoin and send them some bitcoin instead giving a little amount of money. So it is better idea to go institute where poor people lives there poor life. So go there teach them about bitcoin. Because not a single bitcoin can finish poverty. By helping through us it can.

JL421

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Quote from: jonosutio on July 24, 2017, 11:23:17 PM

In my opinion can really solve the world's poverty if all countries accept bitcoin. And bitcoin that ends the poverty that is in this part of the world.

Wait what how will accepting bitcoin in a country end poverty as to use bitcoin one needs a phone with internet but when those people are in poverty which means they can't even have baaic necessities like food , water then how will they be able to get bitcoins

AMHURSICKUS

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No, poverty is one of the massive problem of the world. Bitcoin help us to earn money. But not all people know about bitcoin and some people can`t afford to buy cellphones or other gadgets. And as an a ordinary job, we have to work very hard to be able us to earn money.

Valzzz005

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Quote from: links on June 28, 2017, 07:46:43 AM

For me i think so..

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

READ MORE:

For me it's a big no, it is a world poverty, how does bitcoin can resolve that. By teaching them how to use it? It can be hard for us to accommodate them there are a lot of them. And the next thing is internet connection are not everywhere it is not free, who will provide them. And a lot more stuffs to think about, look at the different perspectives, bitcoin is not a magic wand

StevenRA

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It seems like this makes major assumptions about internet access and technological infrastructure that in much of the developing world just aren't there yet.

masterwakokok7

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Truly bitcoin can do good things to the world. But, to end a poverty? I guess that's impossible. First of, even though this generation do have access to adv. technology. Still, some can't afford to buy a cellphones, PC or Laptops. How would they know about the bitcoin? Poverty is truly a disease and curse to this world. Most likely, It is impossible to end poverty in reality. Let's say Philippines, I leave here and Yes, We are one of the poorest countries in the world. Poverty rate is high, Even the current government can't put a stop to this.

altgamerf4

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Bitcoin can not put an end to world poverty. This is an electronic currency, not a magic wand. In order to get bitcoin you need to earn it or earn another currency and exchange it for bitcoin.

KrisAlex18

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Quote from: links on June 28, 2017, 07:46:43 AM

For me i think so..

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

READ MORE:

I partially agree with. We all know bitcoin's price is so high that it can make you a millionaire within a year but still it's not enough reason for you to claim that this can be done throughout the whole world. Technology and Internet might be found anywhere but still not everyone knows how to use it. Another thing is it's not yet legalized in the whole world in short it is not well promited yet. We cannot depend the solution of poverty in bitcoin but who knows, maybe someday it will.

jonosutio

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In my opinion can really solve the world's poverty if all countries accept bitcoin. And bitcoin that ends the poverty that is in this part of the world.

Proximity Scan

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Quote from: Kidmat on July 24, 2017, 06:32:11 PM

Quote from: micher143 on July 23, 2017, 05:35:23 AM

Quote from: GuppyMan on July 23, 2017, 05:15:23 AM

I think that bitcoin will not put an end to world poverty, because it is money that you need to earn. In countries where there is no Internet, they simply can not even see bitcoin.

Yeah that is right but if you will see the large aspect of bitcoin impact to the society it is the new way of earning because in the past the earning needs hard work but now you only need a gadget, internet and some time to earn the bitcoin so it is gradually reducing the poverty but it can't totally ended somehow but is helping to reduce the cases of it.

Exactly bitcoin cannot end poverty but somehow if we analyze the situation it reduces the indigence. It helps those in need because bitcoin offer earnings to anyone who use it. Thus, we can admit bitcoin added a big impact to our life because anyone can earn money through online.

I don't understand the argument here, bitcoin cannot end world poverty clearly but it also causing new poverty just like capitalism did before. A portion of people getting rich and rich and the rest staying more poor with respect to initial condition. Might sound weird, but bitcoin can also cause poverty.

Kidmat

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Quote from: micher143 on July 23, 2017, 05:35:23 AM

Quote from: GuppyMan on July 23, 2017, 05:15:23 AM

I think that bitcoin will not put an end to world poverty, because it is money that you need to earn. In countries where there is no Internet, they simply can not even see bitcoin.

Yeah that is right but if you will see the large aspect of bitcoin impact to the society it is the new way of earning because in the past the earning needs hard work but now you only need a gadget, internet and some time to earn the bitcoin so it is gradually reducing the poverty but it can't totally ended somehow but is helping to reduce the cases of it.

Exactly bitcoin cannot end poverty but somehow if we analyze the situation it reduces the indigence. It helps those in need because bitcoin offer earnings to anyone who use it. Thus, we can admit bitcoin added a big impact to our life because anyone can earn money through online.

justspare

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Quote from: B.A.S. on July 23, 2017, 05:38:40 AM

Bitcoin can both end poverty, and make some of the population even poorer. Grin

Crypto currency is primarily a currency

No bro you are actually wrong how you can say this if you are saying about other crypto currencies then you are ok with it. But if you are talking about bitcoin then you are totally wrong. Because we know that bitcoin is always best in everything. If I mention you that bitcoin had changed a lot of people who are trusted on bitcoin then how would you answer this.

Hypnosis00

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Yes, bitcoin can end world's poverty IF they can get into bitcoin or work with bitcoin because there is no in charge in changing their lives but by their selves, people who are in poverty stage should work hard and prepare a good strategy in order to become a successful person who can escape from poverty.

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