If each individual person can't manage their finances, Bitcoin can't end world poverty. Everyone could have a opportunity in life to save money, invest it, grow the money and have a better life status, but it doesn't happen.
- First of all, if you don't stop making children, your month expenses will become even higher, you won't have the chance to save money, you won't upgrade your life status and won't give confort to your family.
- Second, if you waste money with desnecessary items like cellphones, expensive clothes, accessories, gifts you won't save money.
I'm not saying you can't have all of those things, you just need to know the right time to have that, first you need to save your money, invest it (in Bitcoins), hold your coins, when the price hit a nice value, sell part of your coins and invest in real life, open a little shop, start a production of a good at home. Only this way Bitcoin can help to end world poverty, only if people are able to manage their money and their actions.
Yes there are many factors involved in spreading the poverty, the children birth ratio is one the factor that keeps people in a circle of poverty and they can’t free themselves for getting out of the poor situation. Also the country strategies are very important.
The poverty is reduced by the increase in per capita income and if your government is not taking any steps to increase financial activities for the increase of per capita income you can never break the ring of poverty. So if you are allowed to use bitcoin legally throughout the world you can definitely overcome the poverty.
