Can Bitcoin End World Poverty? - page 22.

Blitzboy

hero member

Activity: 1344

Merit: 565

Leading Crypto Sports Betting & Casino Platform

Quote from: Crypto Lion on February 03, 2018, 11:24:40 AM

Ending poverty isn't through just one thing. Bitcoin can help smaller countries increase their economic opportunity, but it's going to take a lot more than just crypto currency. They'll have to solve their government corruption and such as well.

So it would be the first step, but it's going to take some time to end poverty.

BItcoin can never help any country to increase their economic situation due to many reasons. First of all, no government likes bitcoin. Although it is a good thing, bitcoin provides freedom to the people which make them independent of the government. It means that the government can not control the people anymore if they totally into bitcoin. Second, Bitcoin can only help individual rich, it can not make a whole country end their poverty. Third, the lack of technology causes a lot of trouble to poor countries. They can not even get access to the internet

Paul stuart

member

Activity: 101

Merit: 10

On the contrary bitcoin will make the rich even richer and the poor poorer, we are in pure capitalism here ..

Wenmanong

newbie

Activity: 134

Merit: 0

Poverty is the most problem of so many countries, I don't think that bitcoin end the world poverty because so many poor people don't know how to read and write and not only that, not all of us have skills to do what bitcoin want.

JMD07

member

Activity: 378

Merit: 10

Quote from: ikipiye on February 03, 2018, 01:28:02 PM

I do not think so.
It may be more appropriate to reduce poverty and prevent people from becoming poor even though I think 50%.
To plunge into bitcoin world we need to have some access like cell phones and laptops, if it can end poverty, from where the poor can get it ..? whereas to eat just hard ..

Yeah I agree, bitcoin can only helps those people who are willing to do there part but not all here will become rich. Just a little a percentage of the poor has access online plus to add the knowledge.
Fighting poverty needs a strong government to build a long term plan thru education.

quirijn de greef

newbie

Activity: 20

Merit: 0

It is not much ridiculous but definitely bitcoins all alone cannot end poverty. Bitcoins are though providing opportunities to many for earning their livelihoods and this is helping them to improve the economy of their respective countries. But for poverty, governments should work hand in hand with bitcoins.

ikipiye

newbie

Activity: 108

Merit: 0

I do not think so.
It may be more appropriate to reduce poverty and prevent people from becoming poor even though I think 50%.
To plunge into bitcoin world we need to have some access like cell phones and laptops, if it can end poverty, from where the poor can get it ..? whereas to eat just hard ..

Kambal2000

sr. member

Activity: 700

Merit: 257

Quote from: Crypto Lion on February 03, 2018, 11:24:40 AM

Ending poverty isn't through just one thing. Bitcoin can help smaller countries increase their economic opportunity, but it's going to take a lot more than just crypto currency. They'll have to solve their government corruption and such as well.

So it would be the first step, but it's going to take some time to end poverty.

Although, not all people would have the chance to become rich but at least we still have the chance it is just up to us how we are going to end our poverty by ourselves, it is in our hands not in the bitcoin or any other cryptocurrency. Although, the opportunity is already in front of us if we cannot use it right then there is no sense.

sajjad100

jr. member

Activity: 101

Merit: 1

Coin Hunter

I wish if Bitcoin can put an end to the poverty of this world! But alas! That is not possible. Bitcoin is no magic. It is a cryptocurrency which is very popular at the moment. Many countries are allowing to use this as online alternative currency. Many people are gaining very good profit from bitcoins and other crypto coins. But that is happening only in advanced countries. Suppose people of Africa do not even have the chance to buy bitcoin. So there is no way Bitcoin can stop Home war, Aids, Poverty, Diseases or other bad things like that Sad

Konthol Ngaceng

sr. member

Activity: 646

Merit: 252

Quote from: chaukhchi on February 03, 2018, 11:18:54 AM

For me Bitcoin can not be used to eradicate poverty in the world and can only change poverty for users and not all countries let bitcoin be very small, and now bitcoin is a place of investment to gain profit. and save it for future tools.

To make bitcoin useful for many people and can overcome poverty of course needed the role of the state that is immediately legalize bitcoin. If bitcoin got banned then there is no significant impact and can only be enjoyed for those who want to invest in bitcoin.

Crypto Lion

newbie

Activity: 42

Merit: 0

Ending poverty isn't through just one thing. Bitcoin can help smaller countries increase their economic opportunity, but it's going to take a lot more than just crypto currency. They'll have to solve their government corruption and such as well.

So it would be the first step, but it's going to take some time to end poverty.

chaukhchi

member

Activity: 206

Merit: 10

For me Bitcoin can not be used to eradicate poverty in the world and can only change poverty for users and not all countries let bitcoin be very small, and now bitcoin is a place of investment to gain profit. and save it for future tools.

Bitcoin_Delivery

hero member

Activity: 952

Merit: 500

can actually and very helpful. as an example now is bitcointalk with easy work we get the job I say easy and the results are so great if indeed we do not idle in searching and trying

Punisherx100

member

Activity: 122

Merit: 23

Quote from: links on June 28, 2017, 07:46:43 AM

For me i think so..

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

READ MORE:

Everything is possible if we do an action. There will be no results if we don't have any move. Bitcoins greatly impact our economy because of its trend and this is a great opportunity for it. If we all engage in cryptos, we can be financially stable if we are just hardworking. However, all of your hard work is nonsense if you don't know how to use it

conected

hero member

Activity: 1302

Merit: 503

Quote from: Allura74 on February 02, 2018, 08:11:03 AM

Quote from: mostkey on June 28, 2017, 10:21:44 AM

Quote from: itsallpc on June 28, 2017, 10:12:49 AM

Although bitcoin is a potential coin,it could not end world poverty since its supply is limited to only 21 million coins.It has transformed the lives of many people but still it is highly impossible to eradicate poverty from the world.But it could atleast change the life of some poor people.

It is true, bitcoin will never be able to end world poverty, because besides the number of bitcoinbyang is limited in addition, many people who do not understand about the use of bitcoin. Maybe only some of us who understand the tramp of crypto that can maximize this

Yes, as of now bitcoin cannot end world poverty because the world is not totally aware about crypto but maybe soon in the next decade the world can feel the goodness of bitcoin, despite of that reason still we can't deny the truth that there are more people around the world who has changing their life because of bitcoin they acquire there financial freedom by getting rich.

- Now, even forever, poverty will not be ended by Bitcoin because we should understand one thing, bitcoin is just a place to invest and make money, money will move from one person to another. In short, bitcoin can be understood as a game, the game will have won and lost, people can not forever be the winner and can not always be the loser, and bitcoin can only change the lives of some people, can not be all, ending poverty with Bitcoin is an idea impractical and too far

BETnaBET

newbie

Activity: 125

Merit: 0

Quote from: links on June 28, 2017, 07:46:43 AM

For me i think so..

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

READ MORE:

Yes I agree that bitcoin will end world poverty because bitcoin reduces unemployed persons in this world. Because in bitcoin you can work at home. Most of all the women's can work also in bitcoin as long as they know the rules and regulations of bitcoin. If anybody accept bitcoin and they are willing to earn money they can easily earn a big amount than in the regular works. Bitcoin serves as a source of income thats why it can end world poverty.

Konyox

member

Activity: 308

Merit: 10

If bitcoin is widely spread to all people, it shouldn't be so difficult to end the world of poverty because it will be easier to all the people that what is bitcoin all about ? So they don't have difficulties by understanding and how it works. Bitcoin is not that difficult but for those people who don't any technologies to access on bitcoin, they can't use bitcoin to help themselves from being poor

dammang

member

Activity: 168

Merit: 10

Quote from: links on June 28, 2017, 07:46:43 AM

For me i think so..

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

READ MORE:

i think so because as i can see many member of bitcoin is now improve thier life,bitcoin can give money to us in a easy way.

mmfiore

hero member

Activity: 808

Merit: 502

This a weird question.

Pretty unrelated things.

World Poverty is the result of relations between Humans (mostly dominance), bitcoin is merely a tool.

You can find relations between theses two issues but good luck on finding a direct link of causality Wink

.

Allura74

full member

Activity: 546

Merit: 100

Quote from: mostkey on June 28, 2017, 10:21:44 AM

Quote from: itsallpc on June 28, 2017, 10:12:49 AM

Although bitcoin is a potential coin,it could not end world poverty since its supply is limited to only 21 million coins.It has transformed the lives of many people but still it is highly impossible to eradicate poverty from the world.But it could atleast change the life of some poor people.

It is true, bitcoin will never be able to end world poverty, because besides the number of bitcoinbyang is limited in addition, many people who do not understand about the use of bitcoin. Maybe only some of us who understand the tramp of crypto that can maximize this

Yes, as of now bitcoin cannot end world poverty because the world is not totally aware about crypto but maybe soon in the next decade the world can feel the goodness of bitcoin, despite of that reason still we can't deny the truth that there are more people around the world who has changing their life because of bitcoin they acquire there financial freedom by getting rich.

Cryptophorus Columbus

newbie

Activity: 154

Merit: 0

Well, there is a misunderstanding: mining creates new bitcoin, but it doesn't create new value.
Bitcoin, as any currency, is just a measure of value. Poverty has many causes, and it doesn't depend from currency.
Actually, even without any currency, some people own assets (land, animals, food, and so on) and other not.

Topic: Can Bitcoin End World Poverty? - page 22. (Read 63065 times)