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Topic: Can Bitcoin End World Poverty? - page 20. (Read 63023 times)

member
Activity: 175
Merit: 23
MenaPay - Crypto made easier than cash
February 12, 2018, 10:48:04 AM
I really think it will not entirely end poverty, because if a person does not have such knowledge in such feat I think it is very impossible for someone to just invest in bitcoin and hope it will take a leap up then boom your investment will automatically just make you a billionaire, It will really take a serious teachings to someone to really understand bitcoin, well a 12 year old become a billionaire because of bitcoin because he has skill and knowledge with it, but for a country to get up to poverty I think poverty will never end even in the richest and largest countries will always have poverty.

Well, this isn't really impossible. If bitcoin can solve unemployment in some countries, so does poverty right? I know it's not that easy, yes, but if many people would help and believe, i don't see any reasons for this to become impossible.
newbie
Activity: 63
Merit: 0
February 12, 2018, 09:22:23 AM

Maybe yes, if Bitcoin will provide employment and source of income to the majority especially those who are at the bottom of the hierarchy the ordinary people who have
no or few knowledge on technology.

If bitcoin will have project to help the needy through tie up with different agencies of the government.

If there will be Bitcoin Foundation all over the world.

Schools raised and funded by Bitcoin with low tuition fees for the less fortunate children or students.

Community development projects to arrest unemployed individuals.

Though it will not happen like magic but gradually it will.

newbie
Activity: 28
Merit: 0
February 12, 2018, 08:04:06 AM
There is no relationship between bitcoin and poverty. If you are poor, you won't have what you need, regardless if you need dollars or you need bitcoin.
member
Activity: 125
Merit: 10
February 11, 2018, 02:01:03 PM
People are the one's who are responsible in getting themselves into a getting rich situation or moving away from poverty.
With one snap of bitcoin, it can't end a world poverty. In addition, bitcoin isn't capable of eradicating poverty, also it is a global issue that isn't easy to solve.
member
Activity: 251
Merit: 10
February 11, 2018, 12:29:31 PM

Bitcoin will not be able to end poverty in the world because of the limitations of the ability and knowledge of every person or society. Perhaps the limitations of knowledge, and economic conditions in every society are the main factors causing poverty in the world. but in essence bitcoin can only reduce some percent of the world's poverty and can improve the condition of the world economy. but could not end it
member
Activity: 546
Merit: 33
Rasputin Party Mansion
February 11, 2018, 10:17:32 AM
Bitcoin, as any kind of money, is just a measure of value, so it has nothing to do with the end of poverty.
If you are poor, it doesn't make a big difference if you have no bitcoin of if you have no dollars...
newbie
Activity: 193
Merit: 0
February 10, 2018, 02:16:48 PM
If we talk about solving the world poverty, bitcoin could not do that. Why.? In terms of worldwide poverty matters is impossible to solve by bitcoin as it has 21m supply. Limited and not enough to support the world. If we talk about a limitation of a country poverty, bitcoin can make it. The supply is enough to provide everyone through bitcoin income. In a specific ways and in a specific uses bitcoin can improve everybody in one country or another. World poverty is possible to solve if there are more altcoins to supply and little to little bitcoin adjustment in one country to another, then it can be solve in a long run.
hero member
Activity: 756
Merit: 500
February 10, 2018, 01:50:57 PM
The basics to fight agains poverty must be established by the local government. People need to have certain skills like reading, writing and mathematics. Unfortunatelly many people can't do that, and those are the realy poor people in this world. Without those skills there is no way how anybody can participate in the world of cryptocurrencies. The local governments need to create schools and teach the people as a first step, cryptocurrencies can be a second step.
That's not necessary, you have to remember the government don't need to make all people know cryptocurrency, how to use cryptocurrency ... Currently, for the world, cryptocurrency is only an asset for speculation or better than is investment. The government don't have much times to guide the people know cryptocurrency knowledge, it's useless at the moment.
member
Activity: 308
Merit: 10
February 08, 2018, 01:52:50 PM
I think it depends on a situation. If the poor people of the country know about bitcoin, how can they earn through bitcoin, then they can change their fate by earning money through bitcoin.Bitcoin's job creates employment opportunities for many people. As a result, poor people are getting rid of poverty.
full member
Activity: 448
Merit: 100
February 08, 2018, 01:22:27 PM
Just see who does not benefit from bitcoin living and you will understand who is profitable and whether it will be able to overcome poverty throughout the world. I think that if not all poverty, then many will raise it from their knees for sure.
newbie
Activity: 43
Merit: 0
February 08, 2018, 12:59:16 PM
Bitcoin is not strong enough to completely eradicate world poverty. It cannot be a tool for economic growth because of it's unavailability to others. Also, bitcoin is not stable. Its high volatility is the reason why a fragment of the population does not want to have it. Another addition to its inaccessibility.
hero member
Activity: 959
Merit: 500
February 08, 2018, 12:07:47 PM
The basics to fight agains poverty must be established by the local government. People need to have certain skills like reading, writing and mathematics. Unfortunatelly many people can't do that, and those are the realy poor people in this world. Without those skills there is no way how anybody can participate in the world of cryptocurrencies. The local governments need to create schools and teach the people as a first step, cryptocurrencies can be a second step.
newbie
Activity: 218
Merit: 0
February 08, 2018, 12:01:14 PM

Bitcoin can not end world poverty, they will remain poor because they do not know about bitcoin. There are still many people who do not know about bitcoin, and they remain left behind if no one shares bitcoin knowledge with them.
newbie
Activity: 53
Merit: 0
February 08, 2018, 11:44:42 AM
Yes, bitcoin really can change the poverty of the world ... Many people suffer from poverty because of the lack of work that can be opened .. And in bitcoin even at home you can do little and instead you can get a salary from bitcoin. So remember the people who do not have a job. I recommend the bitcoin is the best. Smiley
member
Activity: 294
Merit: 10
February 08, 2018, 11:26:02 AM
It can not eradicate it, it's not a miracle, it's just an open market for people who have the possibility to participate.


Poverty is something that a bitcoin has nothing to do with. It is a global issue and is very hard to solve. It is impossible to eradicate knowing that many countries are suffering from poverty due to unemployment because illiteracy. Many children are suffering from malnutrition and often die in a young age because of poverty, lack of food, medicines. Mothers die during child birth due to lack of medical attention. And bitcoin has no power over this problem. Its the people who must come together to help one another to help those who really need the most.
newbie
Activity: 28
Merit: 0
February 08, 2018, 10:47:56 AM
It can not eradicate it, it's not a miracle, it's just an open market for people who have the possibility to participate.
sr. member
Activity: 504
Merit: 252
February 07, 2018, 08:34:57 PM
why give to bitcoin the obligation of the countries and their people,poverty is every citizens problem to be solved with the help of government..we cant have bitcoin for this,what the people need is to be progressive and persevered to accompanied by the goverment  for poverty to be lesser and sooner will gone
Bitcoin is very good way to earn more money for comfortable life and it can change many of people lives, because many people have not manageable salary for their family and that's why they cannot save for future, so bitcoin is very good opportunity for them and their life's poverty can end by bitcoin.

I do not think it's easy to end poverty, we all know that human factors are crucial, mostly poor people because they do not have a good education so bitcoin will not help those who are poorly educated.
member
Activity: 308
Merit: 10
February 07, 2018, 07:17:35 PM
why give to bitcoin the obligation of the countries and their people,poverty is every citizens problem to be solved with the help of government..we cant have bitcoin for this,what the people need is to be progressive and persevered to accompanied by the goverment  for poverty to be lesser and sooner will gone
Bitcoin is very good way to earn more money for comfortable life and it can change many of people lives, because many people have not manageable salary for their family and that's why they cannot save for future, so bitcoin is very good opportunity for them and their life's poverty can end by bitcoin.
member
Activity: 616
Merit: 30
February 07, 2018, 06:31:34 PM
why give to bitcoin the obligation of the countries and their people,poverty is every citizens problem to be solved with the help of government..we cant have bitcoin for this,what the people need is to be progressive and persevered to accompanied by the goverment  for poverty to be lesser and sooner will gone
full member
Activity: 588
Merit: 100
February 07, 2018, 06:00:45 PM

Bitcoin is the only way to end world poverty. Because bitcoin gives future to all people. All unemployed can earn in bitcoin, this serves as an extra income also that brings people to a successful life. In our place it's very quick that our community now is earning a hundreds of thousands or a $10000 for 3months.Almost everybody bitcoin change our lives. So l beleive in other places bitcoin will be the solution to the world poverty.
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