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Topic: Can Bitcoin End World Poverty? - page 36. (Read 63042 times)

full member
Activity: 1162
Merit: 106
January 11, 2018, 02:58:12 AM
Poverty is a complicated issue and too difficult to solve in an instant, it needs a serious state policy and requires cooperation from various agencies in the state and private sector.
full member
Activity: 994
Merit: 101
January 11, 2018, 01:19:31 AM
Bitcoin is a new thing that makes a lot of hope and proves to make a lot of rich people, if managed professionally and correctly, I'm sure that bitcoin can be the best solution to reduce poverty.
hero member
Activity: 1204
Merit: 505
January 11, 2018, 01:05:51 AM
Don't think of Bitcoin as a solution to everything since there are more drivers of economic and financial well-being other than a cryptocurrency.
That’s it, Bitcoin is not a solution to every problem. Though for some people it can be a problem solver, cos there are already some who were able to escape poverty through the help of Bitcoin. I have also been able to achieve a lot of things through, but not every is so lucky.
member
Activity: 271
Merit: 10
January 10, 2018, 11:18:53 AM
NO
People think of poverty, occasionally, as a character flaw. As though the impoverished were able to stop being in poverty, eventually if they just get to work. This may be true, but the work that needs to be done is part of social, part laborious. It's laborious. But it's also social because people are the typical roadblock for the impoverish. Some virtual stuff can't end world poverty

I do not think it can happen, Bitcoin will not be able to reduce poverty in the future, there are many places in the world that do not know about electricity or movies and talk, they are still intellectually poor, So they will not be able to know about commercial coins and do things like we do
member
Activity: 99
Merit: 10
January 10, 2018, 10:58:16 AM
Bitcoins can not end poverty. Only bitcoins will be the key so you also need to try to learn and find out how to earn here
newbie
Activity: 70
Merit: 0
January 10, 2018, 10:36:22 AM

I believe that bitcoin will not easily eradicate the poverty in the world. Bexause still,  there are many third world countries around tge world especially in africa who can't really access bitcoin because of their poor technological advancement. Bitcoin can be helpful to developed countries like united states and japan but not all of the countries
member
Activity: 728
Merit: 63
$CYBERCASH METAVERSE
January 10, 2018, 10:29:38 AM
World poverty and BTC are two different topics.World poverty is a big problem,which is not possible to run on the BTC alone.By BTC we can campaign, we can gain from investment, can sell coins.It is said that confidently,from BTC one country decreases their poverty but not all world poverty.
newbie
Activity: 28
Merit: 0
January 10, 2018, 09:57:35 AM
It can change somebody's life. But not a guarantee to end poverty in the world. World poverty is such a huge issue that doesn't end in an instant and bitcoin is volatile.
newbie
Activity: 48
Merit: 0
January 10, 2018, 09:47:50 AM
Bitcoin can't end world destitution yet just to decrease it. Destitution is as of now a major issue since the start of the world that if the past human advancements did not comprehend the neediness in which the populaces are little the amount all the more today that it turn out to be so tremendous and hard to deal with. Bitcoin isn't anything but difficult to deal with uniquely by the poor in which the need of instruction is an absolute necessity that any legislature can't ready to help them.
newbie
Activity: 177
Merit: 0
January 10, 2018, 09:07:56 AM

Yes l believe that bitcoin is the answer to the world poverty because only bitcoin gives income to the unemployed persons. And even bitcoin can be an extra income to the employees.Many millionaire  investors are interested in bitcoin now because bitcoin is what people are looking as the answer to all what their looking for.
member
Activity: 123
Merit: 10
Global Risk Exchange - gref.io
January 10, 2018, 08:54:57 AM
I don't think so. I believe bitcoin can change peoples lives specially to those who used btc. There's so many reasons why people suffered from poverty, many circumstances. some suffered because lack of education, money etc. and some suffered because of terrorism.
full member
Activity: 226
Merit: 103
January 10, 2018, 07:30:58 AM

Actually, there is a possibility that it could, and not just bitcoin, but the other cryptocurrency as well. Just imagine how helpful bitcoin is for someone who finds it difficult to acquire jobs due to lack of experience or educational attainment. That is why it a great help.
full member
Activity: 434
Merit: 102
January 10, 2018, 07:12:52 AM
I think it depends on the situation. Bitcoin can only end the poverty of those who knows bitcoin,but those who dont know anything about bitcoin, they are always in poverty in thier entire life like on some places were technology have no room.

I don't think so. Bitcoin can help its user individually but not the world generally. Worlds poverty is a very big problem faced by every country. Not every country accepts bitcoin, so how could it end the worlds poverty,?
Let's just hope that every nation worldwide legalize and accept bitcoin, so that bitcoin can possibly reduce the poverty problem.
World poverty is a very big problem and bitcoin Alone cannot solve it out. Also, currency is not the reason behind this problem. By transforming physical money into digital money, how can we expect it to resolve poverty? But there is no denial of this fact that anyone having a little knowledge of computer and desire of earning, Bitcoin is the opportunity for him. It can help in improving his financial status.
newbie
Activity: 43
Merit: 0
January 10, 2018, 05:05:56 AM
Not so easily.
It might enhance our livelihood, especially cut off some extra money wasted on middlemen in basic transactions globally but to remove poverty can't be easily attainable.
jr. member
Activity: 85
Merit: 1
January 10, 2018, 05:01:02 AM
Unless govts (yes, GOVERNMENTS) extend efforts in educating people about cryptos, they can never end poverty in the world. Then again, too many things govts fail to do.
jr. member
Activity: 105
Merit: 6
Get Paid to Play your Media on Current
January 10, 2018, 04:59:07 AM
I don't think many people in poor parts of the world even know the existence of bitcoin, and it is very difficult to end global poverty. Bitcoin is for those keen to encrypt digital money and people who are keen to invest to change their lives and make them rich!
newbie
Activity: 83
Merit: 0
January 10, 2018, 03:23:10 AM
The existence of cryptocurrencies makes it possible to give every citizen in the world a stack of gold. The currency thus given out will not be valuable..
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
January 10, 2018, 03:09:32 AM
for me no because blockchain technology associated to bitcoin requires internet. Poor countries does not provide internet access to it's people so they don't know much about bitcoin.
the proper and proper use of government may make poverty less. we can not say that it will help, but, I think the use of the right bitcoin will make the pessimism less in the world.
newbie
Activity: 210
Merit: 0
January 10, 2018, 03:00:37 AM
for me no because blockchain technology associated to bitcoin requires internet. Poor countries does not provide internet access to it's people so they don't know much about bitcoin.
hero member
Activity: 980
Merit: 506
January 10, 2018, 02:36:54 AM
Yes, it can because it can give you money if you only have knowledge about the internet. Poverty is very popular here in my country so Bitcoin can help them.
Bitcoin is no doubt can be very much helpful to the community and cam help this world a better place to live. It can eradicate the poverty from this world and can play a vital in changing the economic condition of this world. But the fact is it is not at all possible for bitcoin to eliminate the world poverty entirely from this world as there are number of people who are unaware of bitcoin.
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