Can Bitcoin End World Poverty? - page 135.

NoNetwork

sr. member

Activity: 392

Merit: 292

Quote from: louisedem on July 15, 2017, 02:43:25 AM

Quote from: MWesterweele on June 28, 2017, 09:08:33 AM

It has a possibility that bitcoin might change the world but, it will take many years before it will be. We cannot change a thing so easily. But we hope so that oneday bitcoin might help us all especially those who are very lack in needs.

Im kinda agree in what you have said, everything is possible if every individual in this world is willing to eradicate international poverty , but since bitcoin is unconstant source of money it is now impossible to change world at all, ill believe im the way that bitcoin will help, but not change at all.

Yes you are right, everything is possible if everyone will cooperate. But then again that is an ideal ambition. There's no such thing as 'international poverty', every country is only bounded by their own, no one can infiltrate a country's operations unless they've formed an alliance.

Well the ugly truth my friend is, we will never eradicate 'poverty'.

Bitcoin has its young stage right now, and we can't expect much of a difference if we are going to get it involve in such a massive problem. Another ugly truth my friend, money alone can't resolve this problem.

Fatanut

legendary

Activity: 1008

Merit: 1060

Quote from: iram1011 on July 14, 2017, 09:44:41 PM

Quote from: TastyChillySauce00 on July 14, 2017, 09:10:10 PM

Quote from: mharz on July 14, 2017, 06:48:14 PM

Quote from: Kisanaq on July 14, 2017, 02:16:15 PM

Poverty must be overcome the main causes, and from many studies, government policy is the main factor, many governments are corrupt that makes the citizens poor. I'm not sure bitcoin can be a solution to poverty, change the governement first.

I agree with you, poverty radication was the main problem of the world. The main cause of that was due to corrupt government and unfair treatment of the level of people. Bitcoin cannot end poverty maybe lessen the poor people but not ended.

poverty will still exist nonetheless even if corruption has been eradicated. There are people who always work smart and efficiently, in another side, there are lazy and inefficient ones.
The stake which those lazy people may have are now owned by the smart and efficient people, thus poverty happens.

Poverty is never about lazy people. Poverty prevails because of lack of resources, education, skills and displacement of large number of people due to some external factor (happening on large scale in middle east Asia). Problem is bigger than what you think. Laziness is far from what poverty means.

Pretty much poverty is just about laziness. You can never find a hardworking person that stayed from where he was a year ago. People use the word poverty in order to cover up their laziness. Lack of resources, education? You can have an endless list of your reason but I will never believe that people that suffer from poverty are hard working people.

Education and skill is something that you get for free. At least the basic part of it which is what you only need. The only valid reason that you can stay poor is if your country is poor in the first place. You basically have no choice, but that's like 1% of the population. Most countries have free education, and for resources you can simply grow your own food and then that's it. So if you're poor, then you're probably filling yourself with lame reasons instead of doing something about your situation.

louisedem

member

Activity: 126

Merit: 10

Quote from: MWesterweele on June 28, 2017, 09:08:33 AM

It has a possibility that bitcoin might change the world but, it will take many years before it will be. We cannot change a thing so easily. But we hope so that oneday bitcoin might help us all especially those who are very lack in needs.

Im kinda agree in what you have said, everything is possible if every individual in this world is willing to eradicate international poverty , but since bitcoin is unconstant source of money it is now impossible to change world at all, ill believe im the way that bitcoin will help, but not change at all.

cpfreeplz

legendary

Activity: 966

Merit: 1042

Quote from: TastyChillySauce00 on July 14, 2017, 09:10:10 PM

Quote from: mharz on July 14, 2017, 06:48:14 PM

Quote from: Kisanaq on July 14, 2017, 02:16:15 PM

Poverty must be overcome the main causes, and from many studies, government policy is the main factor, many governments are corrupt that makes the citizens poor. I'm not sure bitcoin can be a solution to poverty, change the governement first.

I agree with you, poverty radication was the main problem of the world. The main cause of that was due to corrupt government and unfair treatment of the level of people. Bitcoin cannot end poverty maybe lessen the poor people but not ended.

poverty will still exist nonetheless even if corruption has been eradicated. There are people who always work smart and efficiently, in another side, there are lazy and inefficient ones.
The stake which those lazy people may have are now owned by the smart and efficient people, thus poverty happens.

What about if you're born into poverty and can never have a chance for a good education, food to help you grow, water consistently? Then even if you are "smart and efficient" you're still screwed.

iram1011

hero member

Activity: 896

Merit: 521

Quote from: TastyChillySauce00 on July 14, 2017, 09:10:10 PM

Quote from: mharz on July 14, 2017, 06:48:14 PM

Quote from: Kisanaq on July 14, 2017, 02:16:15 PM

Poverty must be overcome the main causes, and from many studies, government policy is the main factor, many governments are corrupt that makes the citizens poor. I'm not sure bitcoin can be a solution to poverty, change the governement first.

I agree with you, poverty radication was the main problem of the world. The main cause of that was due to corrupt government and unfair treatment of the level of people. Bitcoin cannot end poverty maybe lessen the poor people but not ended.

poverty will still exist nonetheless even if corruption has been eradicated. There are people who always work smart and efficiently, in another side, there are lazy and inefficient ones.
The stake which those lazy people may have are now owned by the smart and efficient people, thus poverty happens.

Poverty is never about lazy people. Poverty prevails because of lack of resources, education, skills and displacement of large number of people due to some external factor (happening on large scale in middle east Asia). Problem is bigger than what you think. Laziness is far from what poverty means.

When it comes to Bitcoin. Poverty is much bigger a problem that Bitcoin can possibly solve. Bitcoin can give only those people a way to earn who are educated, skilled or atleast know how to operate mobile or laptops and have hold of them. Bitcoin can definitely provide extra income to general people. But for poverty stricken society, Bitcoin has nothing much to offer. Efforts need to be done at government level.

mklost

full member

Activity: 471

Merit: 102

I dont think so because like money the distribution is unfair and not so powerful to close those gaps

coynedterm

hero member

Activity: 882

Merit: 500

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:

Yes , it can enter the poverty of the every country where to make earning is very work .
Actually here the Bitcoin is not generating the money , but it is helping us to circulate the money in the whole world with
The use of the medium of the Bitcoin .
So if rich and poor every categories people will enter in this field then surely the money in this world will spread uniformly
And will make the world better for the growth , so in this way the Bitcoin is helping every category of the person to make
Earnings and to meet the people of every level .

TastyChillySauce00

legendary

Activity: 3010

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

Quote from: mharz on July 14, 2017, 06:48:14 PM

Quote from: Kisanaq on July 14, 2017, 02:16:15 PM

Poverty must be overcome the main causes, and from many studies, government policy is the main factor, many governments are corrupt that makes the citizens poor. I'm not sure bitcoin can be a solution to poverty, change the governement first.

I agree with you, poverty radication was the main problem of the world. The main cause of that was due to corrupt government and unfair treatment of the level of people. Bitcoin cannot end poverty maybe lessen the poor people but not ended.

poverty will still exist nonetheless even if corruption has been eradicated. There are people who always work smart and efficiently, in another side, there are lazy and inefficient ones.
The stake which those lazy people may have are now owned by the smart and efficient people, thus poverty happens.

Shamie1002

full member

Activity: 406

Merit: 102

Not really, bitcoins are accessible to those who are capable of running a computer or those who can afford accessing the web or internet. If we will be talking about Poverty it is about poor people who depends on amount of earnings within the day for their needs. So in short poor cannot learn and use bitcoin unless they starve for a time or so to invest in bitcoin that I'm sure of is still a risk for them.
Government is the one to blame about poverty, they are given the position to help but they are in greed of money also. Poverty is problem that can not be solved if the leaders are the one that is corrupt.

mharz

sr. member

Activity: 336

Merit: 260

Quote from: Kisanaq on July 14, 2017, 02:16:15 PM

Poverty must be overcome the main causes, and from many studies, government policy is the main factor, many governments are corrupt that makes the citizens poor. I'm not sure bitcoin can be a solution to poverty, change the governement first.

I agree with you, poverty radication was the main problem of the world. The main cause of that was due to corrupt government and unfair treatment of the level of people. Bitcoin cannot end poverty maybe lessen the poor people but not ended.

Gameroid

hero member

Activity: 798

Merit: 501

Quote from: maku on July 14, 2017, 02:57:21 PM

For everyone who thinks that bitcoin could be a key factor in reducing world's poverty level - how do you think that could be arranged exactly?
The only way I can think of is when someone would donate his/her own bitcoin to a charity - and this method is proven to be rather an ineffective way of helping anyone.
In short, you could give out your all Bitcoin and it still won't produce significant or desired effect. The only way to fight poverty is to change the system, the way of thinking and education.

in fact bitcoin is just giving opportunity to people to earn money through bitcoin but it does not mean that it can overcome the poverty of the people because not all the people of the world will be using bitcoin. in most of the underdeveloped countries most of the people do not have the facilities of internet and computer, therefore bitcoin cannot help them in making money and reducing their poverty.

Kevin77

legendary

Activity: 1652

Merit: 1057

Quote from: Kisanaq on July 14, 2017, 02:16:15 PM

Poverty must be overcome the main causes, and from many studies, government policy is the main factor, many governments are corrupt that makes the citizens poor. I'm not sure bitcoin can be a solution to poverty, change the governement first.

But there are people who are suffering with poverty due to lack of available opportunities for them. I agree governments are responsible for creating enough employment opportunities for the people still some people are not getting chances to overcome their poverty with their known skill set. For them bitcoin may bring employment opportunities and this may lead to eliminating poverty too.

This may not sound practical but I did meet few people who are sharing about their life got restored just due to bitcoin based earning opportunities. I am still believing bitcoin may end world poverty too.

maku

legendary

Activity: 1288

Merit: 1000

For everyone who thinks that bitcoin could be a key factor in reducing world's poverty level - how do you think that could be arranged exactly?
The only way I can think of is when someone would donate his/her own bitcoin to a charity - and this method is proven to be rather an ineffective way of helping anyone.
In short, you could give out your all Bitcoin and it still won't produce significant or desired effect. The only way to fight poverty is to change the system, the way of thinking and education.

Kisanaq

sr. member

Activity: 700

Merit: 277

Poverty must be overcome the main causes, and from many studies, government policy is the main factor, many governments are corrupt that makes the citizens poor. I'm not sure bitcoin can be a solution to poverty, change the governement first.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: Nalien on July 13, 2017, 02:11:15 PM

Quote from: South Park on July 13, 2017, 12:21:53 PM

Quote from: Nalien on July 12, 2017, 02:32:36 PM

Quote from: reflector on July 12, 2017, 02:26:10 PM

Quote from: South Park on July 12, 2017, 12:01:10 PM

Quote from: BlokF4No27 on July 12, 2017, 11:30:04 AM

Poverty is a serious problem that has not been resolved for thousands of years, even in developed countries even though there is still poverty. Government policy is the main factor that can make poverty drastically decrease.

Government policy can help, but it will never be enough, then that is why some propose communism as the answer but it is not, we must accept the fact there is always going to be a uneven distribution of wealth and we must do our best to get our share of that wealth.

Governments will never let you live without taxation and they will put all the burdens on the poor people head and never let you grow in the society at all. If you bitcoin do investment or earnings via bitcoins. You may increase economical standard of yours. Corporates will rule the world ever in future not government at all.

If governments don't get on board people simply won't care anymore down the line. There's trillions in offshored money because people are unhappy with the way tax money is being used (wasted). If tax was more transparent and citizens had a word in what is happening with their money, they would not only be happy to pay tax, but those who are well off would even donate. If this doesn't happen however, people will simply pull most of their money out of the system.

This is one of the issues, people don’t feel their taxes are used in the way they want and for the purposes they care the most, this is why there are many that do their best to pay as little as possible when it comes to taxes this hurts the government but the truth is that governments of the world are simply too big.

I don't think that anything can really be too big. Governments can very well be rendered obsolete if they don't provide sufficient benefit to the public. At least on very long time scales. In reality I do believe that governments will get their shit together eventually. They don't make full/any use of the technological advances available that could connect them to the public in an efficient way right now, and probably won't for another decade.
In either case, I can play around any environment so I'm good. I just hope that the rest of the world will be able to live less stressful lives in the future.

Governments can only grow so much before they become a burden to the population, the limit is the economic prosperity of the country, if the government consumes most of the wealth generated by the public just to maintain itself then it has become too big, it is as simple as that.

kpcian

hero member

Activity: 826

Merit: 529

I don't think so, Bitcoin is not a community-based currency system so that it can not provide any privilege to eradicate poverty from the society as well as the world. it is mainly individual based currency and investment system in which an individual can be benefitted from here not a society...

Anjing Lu

full member

Activity: 156

Merit: 100

Poverty can not be overcome in one way, the people poor we give 1 million dollars if he can not manage then a year later he will poor again. Maybe bitcoin is one option to overcome poverty but must be supported by many things like education.

Nalien

member

Activity: 229

Merit: 10

Quote from: Fatanut on July 14, 2017, 08:20:13 AM

How is bitcoin different from other currencies? You just accumulate bitcoin just like how you accumulate other currencies. Sure there are better ways to get bitcoin but you can do these things in fiat money as well. You can get paid in fiat with programming, freelancing, and trading (maybe in a different market but you get the point).

By concluding that bitcoin can end world poverty because it's new money, then we can conclude that new money like Pepecoin and other unregulated currencies can end world poverty as well. Money is good with bitcoins but the same thing is true if you found a lucrative business that pays in fiat. Not much has changed in the way you accumulate money.

The difference is, that Bitcoin/Blockchain creates specific income opportunities around the technology. Sure you could pay those in Fiat, but they'd still be jobs that exist because of the blockchain.

NoNetwork

sr. member

Activity: 392

Merit: 292

Quote from: King Sastro on July 13, 2017, 12:29:19 AM

Yes I agree, the existence of the bitcoin should be a solution of the problem of the world, poverty is a problem that must be addressed, the economic imbalances could be reduced if we use the bitcoin.

Yes, using bticoin will somehow reduce economic imbalances at some point. And no it can't save the world poverty by any means.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: keithers on July 12, 2017, 06:45:46 PM

Can bitcoin be easily used on older flip phones?

What do you mean by older flip phones ,the motorola v seriesor the razr ?

No, you won't be able to use bitcoin with those directly you will have to go to a 3rd party wallet that has a sms gateway.
A pain in the ass in my opinion.

But honestly who is still using flip phones these days?

Topic: Can Bitcoin End World Poverty? - page 135. (Read 63043 times)