Topic: Can Bitcoin End World Poverty? - page 14. (Read 63023 times)
The main problem of poverty is lack of capital and education, many poor people do not care to improve their education so that they are difficult to make more money, they just know habits that are used to do.
World Poverty is a hard task to end because it is around the World and not everybody on this World have the access to internet or even electricity. If Bitcoin users wants to help others, then maybe it can lessen the people who are living in poverty. Bitcoin can help economics grow in some countries if they can utilize the use of it.
I could say that bitcoin cannot end the problem of world poverty. Those who remain in poverty mostly they are the lazy one who just depend on begging for food or for money, one thing more is that not everybody doesn't know bitcoin, they never understand what bitcoin is all about because they don't understand what it is, some problem also not every household has computers and internet connection in this case bitcoin will not resolve worlds poverty.
It will not gonna be so easy it is hard to say yes it can end world poverty but that's not I see even it can help a one person like me what about the people who are not connected to the Internet, you know? I mean those people who you call beggar they can't join in the world of bitcoin and it will be the hardest thing to them that they can't even pass that thing knowing that they don't know how to use internet in their life. And many reason that I also in my mind that bitcoin can't end the world poverty.
According to me the answer to this question is no, because only that person can use bitcoin who is educated and have knowledge and awareness regarding bitcoin. A person who is below poverty line can't afford internet and other equipments which are essential for using bitcoin so how we can say that bitcoin can end poverty and moreover there are many greedy and selfish people in this world who are having a lot of money with them either because of bitcoin or and other means but still they will not help poor people.
In simplest terms, the blockchain is a cheap, transparent way to record transactions. People who don't know each other, or maybe people who don't trust each other, can exchange money safely without fear of fraud or theft. Large aid agencies, non-profit organizations and start-ups are expanding the blockchain system to developing regions, making it easier for the world's poor to access bank loans or protect individual deposits. The blockchain system has begun to link the world's poorest people with the global economy.
Blockchain technology can also improve humanitarian aid. Fraud, corruption, discrimination and mismanagement cut off access to funds aimed at reducing poverty, improving education and health care.
Blockchain technology can also improve humanitarian aid. Fraud, corruption, discrimination and mismanagement cut off access to funds aimed at reducing poverty, improving education and health care.
For me i think so..
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
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http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
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Yes. Bitcoin can help the world to reduces or simply end the poverty in a sense that if the government would help the people who are experiencing it to some ways to earn and to have knowledge about bitcoin. Although we know bitcoin is quite hard to understands yet it is better for them to must learn so that they ale to have reason to work hard in order to earn for their families for them to end and avoid poverty living.
For me i think so..
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
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http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
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i think yes if people who are experiencing that kind of problem which is poverty has enough knowledge that will suffice to know about bitcoin and how it works. If that people also work hard and aim to gain experiences as well as income to supports their everyday needs and of course to unvest in some businesses.
For me i think so..
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
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http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
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I don't think it could really end poverty since only those who have money to invest bitcoin are the one who benefited from its rise.
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.
The economic miracle of Germany, Japan and South Korea, as a result of which most of the citizens of these countries became not poor people, was determined by their extreme diligence and high share of profits spent on the purchase of new means of production (investments in fixed assets). Plus smart and decent leaders of these countries.
I doubt that blockchain technology can replace all this. But it is quite possible to ease the way to prosperity.
I doubt that blockchain technology can replace all this. But it is quite possible to ease the way to prosperity.
Bitcoin can help poverty but it will not be easy for sure although it really helps unemployed people in our society so all i can say bitcoin can help to end the poverty in the world but it will take too loong to get that.
Yes it can be. Just like this, this can help people who have low income.
Actually this is not effective. Because Human Nature Wants to Win Yourself, Selfish, ngga Mengen, Hateful, Greedy, etc. so.
I sometimes think. Poverty will always be here on earth. Even my prediction will grow more and more. As long as humans can die, can get sick, divorced, cheating, full of anger. etc. then Poverty will continue to exist and multiply on this earth.
I sometimes think. Poverty will always be here on earth. Even my prediction will grow more and more. As long as humans can die, can get sick, divorced, cheating, full of anger. etc. then Poverty will continue to exist and multiply on this earth.
Bitcoin can make us rich, but that doesn't mean it will end poverty. The thing is, we cannot end world poverty unless we help ourselves. A decent job with proper financial education will end poverty.
Yes, even if all countries officially legalize bitcoin but I'm sure it will never be a solution to ending poverty, surely many greedy people will not give bitcoin to poor people, the main factor of poverty because the rich do not want to help the poor. For me i think so..
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
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How to end poverty in this world if one leader of one country is not help their people. The leader must implement some projects to all people that have work so the poverty is slowly ends. http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
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Absolutely yes if the nations in every part of this world will adopt cryptocurrency and apply bitcoins role in every establishment. It can be if the wolrd talk about it and then make it as a must to the citizens. It will ease the people worry but it couldn't be stop the world poverty because bitcoin is limited.
Bitcoin can make us rich, but that doesn't mean it will end poverty. The thing is, we cannot end world poverty unless we help ourselves. A decent job with proper financial education will end poverty.
Not possible.
Bitcoin can make a rich people to richer one.
Who can buy/hold bitcoins? The answer would be a rich people.
Who can mine a BTC? This answer will be the same. Why? Just think about the price of a mining rig, minable GPU or anything that need to start mining btc.
So, ultimately the Bitcoin is a thing that controlled by the richer society people. This is why this can't resolve the world poverty.
This was just my personal opinion, don't take this seriously.
Bitcoin can make a rich people to richer one.
Who can buy/hold bitcoins? The answer would be a rich people.
Who can mine a BTC? This answer will be the same. Why? Just think about the price of a mining rig, minable GPU or anything that need to start mining btc.
So, ultimately the Bitcoin is a thing that controlled by the richer society people. This is why this can't resolve the world poverty.
This was just my personal opinion, don't take this seriously.
absolutely no! this is no main target but it can bring us more independence world.. maybe after this innovation we can create better world. but now no-one can say anything for future..
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