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Topic: Can Bitcoin End World Poverty? - page 147. (Read 63043 times)

full member
Activity: 314
Merit: 105
June 30, 2017, 08:47:22 PM
I don't see how bitcoin can stop world problems, it's not as easy how they tell. Years of problems can't be solved in short time periods.
Of course solving povertry wouls take long time. However, I don't see any reason why bitcoin can't make it happen since it ooffers platform which is significant for poor people. All they have to do for them to be more productive is knowledge, skills, and patience.
newbie
Activity: 20
Merit: 0
June 30, 2017, 07:18:25 PM
I don't see how bitcoin can stop world problems, it's not as easy how they tell. Years of problems can't be solved in short time periods.
sr. member
Activity: 406
Merit: 256
June 30, 2017, 06:09:57 PM
The Bible says that beggars will always be. Probably, there are people who subconsciously choose such a fate. Mankind has taken huge steps to destroy poverty. But there is still a lot to do. Progress can be seen as a fight against poverty. And bitcoin is progress
Mankind pretends that struggles with poverty, and in fact, each thinks only of himself. Poor people choose their own way and it suits them. They have no obligations to society, so why do companies need to be obligations to them?
full member
Activity: 280
Merit: 100
June 30, 2017, 04:14:03 PM
The Bible says that beggars will always be. Probably, there are people who subconsciously choose such a fate. Mankind has taken huge steps to destroy poverty. But there is still a lot to do. Progress can be seen as a fight against poverty. And bitcoin is progress
legendary
Activity: 3654
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June 30, 2017, 04:01:09 PM
i am not sure about this but if every people in the world is trying to join in bitcoin world and they want to do some work to earn bitcoin, i think bitcoin can end world poverty. the only problem that i can think is not every country have good internet connection so its the one thing that every government need to solve because bitcoin is related with internet connection so people can used bitcoin with safe and no need to worried to thinking that they can not connect with internet.
Bitcoin can’t be the only one to end world’s poverty but no doubt it can play it role in bringing up the majority of poor people to turn time for them. Bitcoin is already doing well in playing it part to financially support the community by adopting it.

A large number of people are enjoying the benefits of bitcoin by getting involved in the activities which help them support financially. The only misfortune is where bitcoin cannot reach, if it is provided an access to the whole world it can be a reason for reducing the world poverty.
hero member
Activity: 2184
Merit: 531
June 30, 2017, 03:53:21 PM
How can a currency end poverty around the world? There are certain positives attached with Bitcoin, which can help the common people. For example, Bitcoin makes it extremely hard for the governments to confiscate the wealth of the citizens. Also, it can be useful in ending over-exploitation by the bankers. But if someone doesn't have any money to start with, how can BTC benefit him?
Of course it can't. No currency can.
This whole discussion is pointless, people are poor not because of an unstable currency. They are poor because not everybody can be rich. If it was that easy and poor people got $1 million each they'd remain poor. Only the level of poverty would increase along with prices of everything around us.
legendary
Activity: 2044
Merit: 1008
June 29, 2017, 11:18:08 PM
How can a currency end poverty around the world? There are certain positives attached with Bitcoin, which can help the common people. For example, Bitcoin makes it extremely hard for the governments to confiscate the wealth of the citizens. Also, it can be useful in ending over-exploitation by the bankers. But if someone doesn't have any money to start with, how can BTC benefit him?
copper member
Activity: 1050
Merit: 500
June 29, 2017, 10:54:35 PM
I do not think Bitcoin can end the world poverty.  One of the reason is that the distribution of bitcoin is just like the distribution of wealth.  It is distributed unevenly.  Those who have lots of money can get more bitcoin than those who have less.  Another thing is, even though there are lots of opportunities of earning in bitcoin, only the skilled and knowledgeable on how to take advantage of this opportunities are reaping the reward, and most of the world population is unaware of this opportunities.  Besides those who have lots of bitcoin will never distribute their stash to those people who are in need without them getting profit from it.  So the idea of Bitcoin ending the world poverty is just a fallacy.
member
Activity: 126
Merit: 10
June 29, 2017, 10:47:49 PM
If you were thinking about immediate solution its not, but everything has a process, if everyone is willing to give then we could make it happen, but its once in a blue moon to solve poverty worldwide.
full member
Activity: 476
Merit: 102
June 29, 2017, 09:16:42 PM
Bitcoin is not a magic wand which will end world poverty. It simply doesn't have the power to end such a massive thing. Also bitcoin is not a payment system anymore. We have moved to a different goal long back, when the confirmation time increased and transaction fees hiked. These confirmation time and transaction fees is going to be increased again and again. So we will move from the initial goal further.

Bitcoin has now purely became an investment asset. IT can provide a huge return which any other conventional investment will never be able to offer ever. So I take bitcoin purely as an investment and a trading asset. I earn profit  and keep it for the future.

Yes, I agree that bitcoin is not a magic wand that ends poverty with one click.  Bitcon may reduce the world's poverty due to the equal opportunity it provides to everyone.  It also educate people how bitcoin turns into a good investment that they can use for future plans  but bitcoin alone cannot end poverty at all.  Poverty is just a result of economic tendencies such as unemployment, lack of knowledge and skills, corruptions and crimes, drugs, calamities, and laziness.  Through bitcoin, numbers of unemployment who has the skills and knowledge about it might be lessen, and that is a very good economic contribution of bitcoin in the society but how about the other economic tendencies like drugs and laziness? I guess, bitcoin cannot resolve it because it involves personal choice and decision. With that reason, bitcoin alone is not the solution to end poverty.
hero member
Activity: 2912
Merit: 541
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June 29, 2017, 09:00:14 PM
I don't believe world poverty can be ended until we abandon the capitalist mindset. The whole point of capitalism is that there are poor people. Bitcoin is just a value distribution system. It is a good system but still follows the capitalist mindset. If you want to end world poverty you need to adopt some sort of forced socialist system where wealth is redistributed to an extreme degree.
I think it cannot end the world poverty but can help in decreasing it. and that is what bitcoin is already doing that. because it is providing opportunities that if they have the ability they can earn a good amount of bitcoin, they need a little investment and some experience in trading and with regular study habits and they have good opportunity to make money from bitcoin and can even get more money that they cannot even expect from bitcoin.
I don't think that it is depend on bitcoin because even there is no bitcoin in the internet people can still end the world poverty because it is all about the determination of a person to end their poverty and if that person has determination then he can grab a lot of opportunity to end the poverty like bitcoin and other well known opportunity in the world.

but i think with bitcoin and with internet connection in every where, people can trying to make money with bitcoin and i think from this, bitcoin can help people to search a work and gets paid with bitcoin so they can start to sell their bitcoin to live. i think it could help many people that seek a job in offline if internet connection is available in their city so they can trying to earn bitcoin from many ways.
hero member
Activity: 1680
Merit: 535
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June 29, 2017, 08:37:15 PM
I don't believe world poverty can be ended until we abandon the capitalist mindset. The whole point of capitalism is that there are poor people. Bitcoin is just a value distribution system. It is a good system but still follows the capitalist mindset. If you want to end world poverty you need to adopt some sort of forced socialist system where wealth is redistributed to an extreme degree.
I think it cannot end the world poverty but can help in decreasing it. and that is what bitcoin is already doing that. because it is providing opportunities that if they have the ability they can earn a good amount of bitcoin, they need a little investment and some experience in trading and with regular study habits and they have good opportunity to make money from bitcoin and can even get more money that they cannot even expect from bitcoin.
I don't think that it is depend on bitcoin because even there is no bitcoin in the internet people can still end the world poverty because it is all about the determination of a person to end their poverty and if that person has determination then he can grab a lot of opportunity to end the poverty like bitcoin and other well known opportunity in the world.
hero member
Activity: 490
Merit: 500
June 29, 2017, 04:47:55 PM
I don't believe world poverty can be ended until we abandon the capitalist mindset. The whole point of capitalism is that there are poor people. Bitcoin is just a value distribution system. It is a good system but still follows the capitalist mindset. If you want to end world poverty you need to adopt some sort of forced socialist system where wealth is redistributed to an extreme degree.
I think it cannot end the world poverty but can help in decreasing it. and that is what bitcoin is already doing that. because it is providing opportunities that if they have the ability they can earn a good amount of bitcoin, they need a little investment and some experience in trading and with regular study habits and they have good opportunity to make money from bitcoin and can even get more money that they cannot even expect from bitcoin.
legendary
Activity: 3374
Merit: 3095
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June 29, 2017, 04:39:59 PM
I don't believe world poverty can be ended until we abandon the capitalist mindset. The whole point of capitalism is that there are poor people. Bitcoin is just a value distribution system. It is a good system but still follows the capitalist mindset. If you want to end world poverty you need to adopt some sort of forced socialist system where wealth is redistributed to an extreme degree.
I think it cannot end the world poverty but can help in decreasing it. and that is what bitcoin is already doing that. because it is providing opportunities that if they have the ability they can earn a good amount of bitcoin, they need a little investment and some experience in trading and with regular study habits and they have good opportunity to make money from bitcoin and can even get more money that they cannot even expect from bitcoin.
I think bitcoin can help only few people not peoeple can get benefits of bitcoin and i think poverty never end because its a old issue before and until now its still active. bitcoin can help few things but not bitcoin are made only to end poverty.and as we can heard we are still few bitcoin users who use bitcoin for daily life..
hero member
Activity: 1722
Merit: 528
June 29, 2017, 04:21:22 PM
#99
No, I do not think so, for the simple reason that giving 10 000$ and 10 000$ worth of bitcoins is the same. Except we have a big philantropist, nothing will change.

I don't know how can bitcoin can end the World Poverty. Yes normal people use and earn bitcoin with out any investments, but that doesn't mean that everyone can do it and earn their own money. Even if it can, there are countries who can't access the internet well so they can't use bitcoin, that means it can't. Bitcoin is just a digital currency, it can't end world poverty it will just be used by people as a currency or an asset to trade and have a profit.
hero member
Activity: 2184
Merit: 531
June 29, 2017, 04:16:08 PM
#98
No, I do not think so, for the simple reason that giving 10 000$ and 10 000$ worth of bitcoins is the same. Except we have a big philantropist, nothing will change.
You're right but we don't even have to go this deep. Giving money to the poor doesn't change anything and it doesn't matter if it's cash or Bitcoin.
It's like throwing money into a bottomless pit. Many have tried and failed miserably. You could give a million dollars to an African village and 10 years later they'd still be living in their huts and tending fields, because that's all they know.
newbie
Activity: 4
Merit: 0
June 29, 2017, 04:08:43 PM
#97
No, I do not think so, for the simple reason that giving 10 000$ and 10 000$ worth of bitcoins is the same. Except we have a big philantropist, nothing will change.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
June 29, 2017, 04:07:50 PM
#96
I think not. Even though bitcoin can give you income in terms of cryptocurrency that changes its price value from time to time, bitcoinncannot sustain such a great amount that could end up the crisis the whole worldia facing right now which is the poverty. Also, not all people knows what bitcoin is and doesn't use bitcoin after all. So we cannot evenly say that with the use of bitcoin, a certain phenomenon in the society can end up.
hero member
Activity: 490
Merit: 500
June 29, 2017, 04:01:10 PM
#95
I don't believe world poverty can be ended until we abandon the capitalist mindset. The whole point of capitalism is that there are poor people. Bitcoin is just a value distribution system. It is a good system but still follows the capitalist mindset. If you want to end world poverty you need to adopt some sort of forced socialist system where wealth is redistributed to an extreme degree.
I think it cannot end the world poverty but can help in decreasing it. and that is what bitcoin is already doing that. because it is providing opportunities that if they have the ability they can earn a good amount of bitcoin, they need a little investment and some experience in trading and with regular study habits and they have good opportunity to make money from bitcoin and can even get more money that they cannot even expect from bitcoin.
hero member
Activity: 3024
Merit: 745
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June 29, 2017, 03:52:49 PM
#94
I think it can end up poverty especially for those people who are living in third world countries and the way of living isn't that elegant. Bitcoin is helpful for those people that has a very low cost of living as they don't need to have bigger amount for themselves but they can use possible income from bitcoin from construction of their homes.
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