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Topic: Can Bitcoin End World Poverty? - page 142. (Read 63023 times)

hero member
Activity: 994
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July 07, 2017, 07:25:36 AM
World poverty is a very complex issue, which requires complex solution, you can't magically apply Bitcoin and get everything fixed. It would require tremendous effort in education, finance, law, infrastructure spheres and dozens/hundreds years of time to end the world poverty. Western countries are wealthy because their civilization had thousands years of growth and progress, while third world countries started changing relatively recently. But Bitcoin can definitely help to some small amount of people, and it already does so.
Yeah, that's very complex. If poverty is not there in a country then the country is nearing to the grown stage. In reality even the first world countries have people who are below poverty. What they do is just hide it with their growth in other form. Country without people in poverty is possible on dream. Bitcoin might run a food chain, but that can't eradicate poverty.
full member
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July 07, 2017, 07:18:33 AM
No. Bitcoin can help to get additional income only for those who have the Internet, but it can not improve the financial situation of all people as well as other currencies.
legendary
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July 07, 2017, 07:07:43 AM
World poverty is a very complex issue, which requires complex solution, you can't magically apply Bitcoin and get everything fixed. It would require tremendous effort in education, finance, law, infrastructure spheres and dozens/hundreds years of time to end the world poverty. Western countries are wealthy because their civilization had thousands years of growth and progress, while third world countries started changing relatively recently. But Bitcoin can definitely help to some small amount of people, and it already does so.
hero member
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July 07, 2017, 05:59:15 AM
No sir, in fact ending world poverty is impossible. Not at this time and moment, it's just too late.
At least that will reduce the amount of poverty in the world, in fact I am including the poor in my country. My previous earnings were only about less than $ 200 / month (I'm including the poor) and luckily I joined and worked at bitcoin and it was very helpful to me
I feel the same. Bitcoin give more oppotunities to make money online. I used to be an adsense blogger that earn payment for about six month for $100. By joining bitcoin community and learn about trading , now I can make more than $200 a month. That's one of the biggest earning for me since I became a blogger.
hero member
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July 07, 2017, 05:23:50 AM
I also think that Bitcoin will destroy the poverty of the poor people because here I myself when joined this business of the Bitcoin than everyone was looking impossible and I was dreaming to make 2-3$ per month but today I am making 200-300$ per  month easily which is like a miracle .
So more better thing for the poor persons to join Bitcoin and start Thier life with the Bitcoin as an part time job and if they get success then use this field to make money with full time work .
But honestly here  we need to do better amount of mental hardwork otherwise we will get loss instead to make money .
So if you have a moderate working mind then try once if you have no money , And with this slogans anyone can remove the word poverty from his life and finally a world will be in our life where no one will remain poor .
hero member
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July 07, 2017, 05:13:43 AM

Everything is possible if there is application. Eliminating poverty using bitcoin will do if everyone knows it and how to use it. I believe that today we already experiencing the process of eliminating poverty because many people have given the opportunity to have an income even it is not a stable job. But it doesn't mean that we will not look for a stable job because of bitcoin...
It is impossible for bitcoin to end world poverty because even everyone knows bitcoin then it is not that easy for all the people to earn bitcoin because there will be a lack on supply and that is why bitcoin is not for everyone because of its limited supply so i think it is best if other people will use and grab bitcoin while it is not that popular in different country and people.
sr. member
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July 07, 2017, 05:11:02 AM

Everything is possible if there is application. Eliminating poverty using bitcoin will do if everyone knows it and how to use it. I believe that today we already experiencing the process of eliminating poverty because many people have given the opportunity to have an income even it is not a stable job. But it doesn't mean that we will not look for a stable job because of bitcoin...
member
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July 07, 2017, 04:13:38 AM
No sir, in fact ending world poverty is impossible. Not at this time and moment, it's just too late.
At least that will reduce the amount of poverty in the world, in fact I am including the poor in my country. My previous earnings were only about less than $ 200 / month (I'm including the poor) and luckily I joined and worked at bitcoin and it was very helpful to me

Just because you have earned well on it doesn't mean its reducing poverty. Bitcoin doesn't exactly bring any change to efficiency, the same way the dollar or euro doesn't reduce poverty.
legendary
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July 07, 2017, 04:09:53 AM
No sir, in fact ending world poverty is impossible. Not at this time and moment, it's just too late.
At least that will reduce the amount of poverty in the world, in fact I am including the poor in my country. My previous earnings were only about less than $ 200 / month (I'm including the poor) and luckily I joined and worked at bitcoin and it was very helpful to me

It will really beneficial to us who needs extra income,whose salary were not enough for us to sustain our wants especially are needs,it might not end World Poverty but those who have already got a life or earnings from btc if they have extra we can help the poor and make a change for their lives too.
legendary
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July 06, 2017, 06:59:58 PM
No sir, in fact ending world poverty is impossible. Not at this time and moment, it's just too late.
At least that will reduce the amount of poverty in the world, in fact I am including the poor in my country. My previous earnings were only about less than $ 200 / month (I'm including the poor) and luckily I joined and worked at bitcoin and it was very helpful to me
sr. member
Activity: 952
Merit: 274
July 06, 2017, 06:48:53 PM
No sir, in fact ending world poverty is impossible. Not at this time and moment, it's just too late.
You're right. Bitcoin can't end the poverty. You are also correct that it is really impossible to end the world poverty. Bitcoin is not a answer to end the world poverty but bitcoin can lessen the poverty.
newbie
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July 06, 2017, 06:41:12 PM
No sir, in fact ending world poverty is impossible. Not at this time and moment, it's just too late.
sr. member
Activity: 2506
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July 06, 2017, 04:18:01 PM
No, bitcoin is just a decentralized peer to peer payment system in shortly. It is not for to solve poverty
I will disagree, it is not just a payment system but it is now a popular investment which everyone is trying to invest. And if you invested to bitcoin earlier when the price is still not that high then now you had almost 1000% percentage profit. So I believe it can end a family's poverty but the world is big and its hard to believe.
Bitcoin has got multiple usability rather than getting used as a payment gateway. Recent days it's more popular as an investment. I need to ask what's meant by poverty. One who doesn't have the food and basic needs is the poverty. In this situation where he'll go for making an investment. So it can be eradicated if people were educated. So education can be provided by government. In this way a chained process might help, but when it comes to real time implementation it will be hard to get success.

Yes just like what I said. It will only hard to get success if most of the people will doesn't have something to earn or doesn't have a living. That is making poverty. But because bitcoin creates, investments and it also creates employment it's helping to reduce the poverty in so many ways.
Yes bitcoin essentially is very important for investments and because it makes huge profit margins, it can also be used to end poverty. Another point is that it can reduce unemployment. People with no jobs can always get jobs online depending on the skill they have and earn money in bitcoin.

Yes it is very important to many investors because it is a volatile asset and increase it price through time. But saying that it will end poverty? I don't think so, bitcoin is just a digital currency, yes, there will be a small amount of people who will be getting their jobs online,  but it doesn't mean that they earn bitcoin from it they will be rich as you've said, it will all depend on their skill not on earning bitcoin.
I don't think so if bitcoin will ever end the worldwide problem since a lot of people is not good in computer specially on those rural areas. Where the technologies is very limited but perhaps some of them know how to use some gadgets but is very little compared to urban areas, were a lot of beggars. Some of them are disabled person, some are homeless, etc., if the government could help those people i think it could help to lessen the people who are in poverty.
sr. member
Activity: 546
Merit: 256
July 06, 2017, 03:57:43 PM
No, bitcoin is just a decentralized peer to peer payment system in shortly. It is not for to solve poverty
I will disagree, it is not just a payment system but it is now a popular investment which everyone is trying to invest. And if you invested to bitcoin earlier when the price is still not that high then now you had almost 1000% percentage profit. So I believe it can end a family's poverty but the world is big and its hard to believe.
Bitcoin has got multiple usability rather than getting used as a payment gateway. Recent days it's more popular as an investment. I need to ask what's meant by poverty. One who doesn't have the food and basic needs is the poverty. In this situation where he'll go for making an investment. So it can be eradicated if people were educated. So education can be provided by government. In this way a chained process might help, but when it comes to real time implementation it will be hard to get success.

Yes just like what I said. It will only hard to get success if most of the people will doesn't have something to earn or doesn't have a living. That is making poverty. But because bitcoin creates, investments and it also creates employment it's helping to reduce the poverty in so many ways.
Yes bitcoin essentially is very important for investments and because it makes huge profit margins, it can also be used to end poverty. Another point is that it can reduce unemployment. People with no jobs can always get jobs online depending on the skill they have and earn money in bitcoin.

Yes it is very important to many investors because it is a volatile asset and increase it price through time. But saying that it will end poverty? I don't think so, bitcoin is just a digital currency, yes, there will be a small amount of people who will be getting their jobs online,  but it doesn't mean that they earn bitcoin from it they will be rich as you've said, it will all depend on their skill not on earning bitcoin.
legendary
Activity: 2926
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
July 06, 2017, 03:34:40 PM
No, bitcoin is just a decentralized peer to peer payment system in shortly. It is not for to solve poverty
I will disagree, it is not just a payment system but it is now a popular investment which everyone is trying to invest. And if you invested to bitcoin earlier when the price is still not that high then now you had almost 1000% percentage profit. So I believe it can end a family's poverty but the world is big and its hard to believe.
Bitcoin has got multiple usability rather than getting used as a payment gateway. Recent days it's more popular as an investment. I need to ask what's meant by poverty. One who doesn't have the food and basic needs is the poverty. In this situation where he'll go for making an investment. So it can be eradicated if people were educated. So education can be provided by government. In this way a chained process might help, but when it comes to real time implementation it will be hard to get success.

Yes just like what I said. It will only hard to get success if most of the people will doesn't have something to earn or doesn't have a living. That is making poverty. But because bitcoin creates, investments and it also creates employment it's helping to reduce the poverty in so many ways.
Yes bitcoin essentially is very important for investments and because it makes huge profit margins, it can also be used to end poverty. Another point is that it can reduce unemployment. People with no jobs can always get jobs online depending on the skill they have and earn money in bitcoin.
hero member
Activity: 924
Merit: 500
July 06, 2017, 11:01:14 AM
Bitcoin, introduced in a standard manner, as it is now, is going to follow the 80/20 rule, 80% of the money will be held by 20% of the people.  Currency is not the poverty issue, it is a deeper societal issue that cannot be solved with FIAT, or Bitcoin or any currency.

Bitcoin is a way to get out of poverty for some but I agree with the inclination of some that it is not a magical potion that can make poverty in the world disappear. Bitcoin is a fickle thing it is a gamble, it is learning to see what trend and when it would be best to go all in or to hold back. Bitcoin is not a surefire way, some lose most of their investments while some can be adaptable enough to know that it is best to sell now. Some might see it as a perfect way to earn money continually but I think it is practical that we also learn to earn in a more stable manner.
sr. member
Activity: 1002
Merit: 254
Tontogether | Save Smart & Win Big
July 06, 2017, 10:51:29 AM
Bitcoin, introduced in a standard manner, as it is now, is going to follow the 80/20 rule, 80% of the money will be held by 20% of the people.  Currency is not the poverty issue, it is a deeper societal issue that cannot be solved with FIAT, or Bitcoin or any currency.
legendary
Activity: 1190
Merit: 1024
July 06, 2017, 10:49:03 AM
There have been crypto coins that gave away massive numbers of coins and some of those coins got to the exchanges.  The price may have been ok, but once those wallets holders with the huge give away balance started dumping, the price dropped and the coin was worthless.
sr. member
Activity: 742
Merit: 253
July 04, 2017, 12:58:39 AM
So far there are still many people who do not know the existence of bitcoin so from that I can say bitcoin is not completely able to end poverty because bitcoin until now can not be inaugurated by the government so that poor people who do not understand with bitcoin they can not feel the result of bitcoin income even way Using it and looking for it they do not know anything.

Indeed bitcoin is already around the world, but people who do not understand the technology may be difficult to understand, because the poor are difficult to learn technology and poverty is difficult to remove
sr. member
Activity: 812
Merit: 251
July 03, 2017, 10:43:49 PM
Since Bitcoin is able to create employment globally online for freelancers and is able to reduce unemployment globally and remotely I guess it can also reduce poverty but ending it completely is subjective.
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