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Topic: Can Bitcoin End World Poverty? - page 37. (Read 63023 times)

member
Activity: 247
Merit: 10
January 09, 2018, 10:32:36 PM
Yes I really believe that Bitcoin can end the world poverty if all the people in the world will believe on bitcoin and start doing bitcoin paying activities but not all the people in the world believes on bitcoin, there are still many of those people who don't even know about bitcoin simply because there place has no internet connection yet because there are still many places in the world which are disconnected to information technology.
member
Activity: 266
Merit: 16
January 09, 2018, 02:47:20 AM
It could be but it's only a dream. Bitcoin can't sustain the world just to end poverty. How could bitcoin exist for long term if all people will work bitcoin.

However bitcoin could only reduce the world's poverty. Like those people that always has an internet and to those people are not employed yet.
full member
Activity: 854
Merit: 108
January 09, 2018, 02:40:40 AM
I'm sure that if bitcoin can be a good solution for poverty, it's because bitcoin embraces a decentralized system that all depends on the user and the economy can be determined together.

Bitcoin can't end world poverty but only to reduce it. Poverty is already a big issue since the beggining of the world that if the past civilizations did not solve the poverty in which the populations are small how much more today that it become so huge and difficult to handle. Bitcoin is not easy to handle specially by the poor in which the need of education is a must that any government can't able to support them.
full member
Activity: 476
Merit: 100
January 09, 2018, 02:32:26 AM
The world wouldn`t need a new technology to end poverty just less greed. In my opinion we have enough resources so btc would be just a new way if we really wanted to end it.
It’s one of the big challenge to bitcoin because to end world poverty bitcoin must be in every single country around the world and it’s also very important to make bitcoin legal so we need to support bitcoin as much as we can because bitcoin is here to help us and if we stop support bitcoin so I don’t think so bitcoin be able to end world poverty and I’m sure if bitcoin reached to every country so there is no doubt bitcoin will end world poverty.
member
Activity: 224
Merit: 10
January 09, 2018, 02:04:05 AM
For me,  bitcoin cannot end world poverty. World poverty is a perrenial problem of our world. There are alot of activities conducted, they also formed organizations, but still, it doesnt end, it just keep on increasing over the years. Bitcoin wont solve it because Bitcoin needs a lot of money to invest, computer, etc, in which those poor people has none of them.
sr. member
Activity: 646
Merit: 252
January 09, 2018, 12:53:54 AM
I'm sure that if bitcoin can be a good solution for poverty, it's because bitcoin embraces a decentralized system that all depends on the user and the economy can be determined together.
full member
Activity: 364
Merit: 100
January 09, 2018, 12:42:17 AM
Yes for me the bitcoin can end world poverty like it has provide a good income to those educated people who are living without job they can join signature campaign in this forum or they can make white paper for the managers. There are so many people in this forum who are very happy to be the part of this forum. Bitcoin is providing facilities to the needy people.
member
Activity: 1050
Merit: 10
January 08, 2018, 11:45:05 PM
The main problem of poverty is due to the wrong financial system, most countries do not care about poor people who need capital assistance for business so they continue to be poor and difficult to develop. bitcoins with decentralized systems can be one solution.
full member
Activity: 1232
Merit: 186
January 08, 2018, 09:48:15 PM
Yes! Bitcoin has the potential to end world poverty and could offer a full automation in our way of living. But actually, we already have so many solutions to end poverty before bitcoin was discovered and yet we're still suffering. Why? Just because of the inefficiency due to its strong hindrances.

Like in a tree, even how hard you cut, it will still grow unless you remove its root. Meaning, it's better for us if we remove first the root of poverty such as corruption, criminality, violence and others before applying those solutions that we think. If we achieved this, then that certain solution (which is bitcoin) will now become efficient. Smiley
full member
Activity: 308
Merit: 100
January 08, 2018, 08:49:17 PM
Yes I am certain that Bitcoin along with the other cryptocurrencies will be able to ease out or lessen world poverty but not totally end world poverty because Bitcoin and all the other cryptocurrencies only exist in areas which have a mobile or internet connection. We all know that not all the part of the world is connected to internet and mobile communication so there will be still some isolated places in which bitcoin could not reach and those people living in those places will never enjoy FREE MONEY.
newbie
Activity: 33
Merit: 0
January 08, 2018, 11:50:43 AM
The only way for Bitcoin to end world poverty is to have the poor actually participate in trading or investing in Bitcoin. Otherwise, only those did will gain from this. Education is very important, but I simply don't know how and where to start.  Huh
member
Activity: 107
Merit: 12
January 08, 2018, 11:47:49 AM
Before concluding something, we should atleast remember that bitcoin has a limited circulation and could possibly end sooner or later. Relying on bitcoin about the solution of world poverty is not a bad thing but bitcoin will never be able to that specially right now that it's not yet legal worldwide. We can't expect also that everyone will use it so let us just leave it to the government, let them work on world poverty.
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
January 08, 2018, 08:38:08 AM

It can be somehow because bitcoins can provide us money because by just simply buying bitcoins the value can either grow up or fall down so it can really end the world poverty if the people will pursue this thing.  Because there are some jobs in here that dp no discriminate because the identity is secured like in this forum no matter what you are no matter what you can do as long as you have an internet connection you can easily gain money in this but just like any things all have exemptions.
That is very silly. The fact that bitcoin rallies and makes money for traders does absolutely nothing for world poverty. Those in poverty are not doing trading, buying bitcoins, do not have a computer or an internet connection, cannot afford the tx fees or anything about bitcoin. Even IF they were somehow able to get into it eventually the price would start declining and then they are poor again. And it would have been middle/upper class bitcoiners getting rich off of the last dollar of poor people - how ethical.

Bitcoin isn't creating any money. It's a zero sum game (MINUS electricity) where money is being redistributed from investor to investor to trader. That means eventually it reaches a saturation point and whoever gets in last loses. Wall street is already getting in, and these poor people would be last, meaning you are giving money from poor people to wall street.

Numbers moving around in a computer is not putting food on billions of tables. We need to ACTUALLY solve the world's problems somehow.

Bitcoin could help slightly by solving world corruption, and maybe by providing banking services for the unbanked, but it wouldnt be because poor people 'got on the train' and bought low and sold high.
full member
Activity: 294
Merit: 100
January 08, 2018, 08:37:42 AM
It would definitely take a lot  more than bitcoins to make it happen, due to the lack of education and accessibility for most.   

You have a point, some people cannot afford to education and never have the chance to succeed due to less opportunity. But bitcoin it offers a great opportunity to all even you don't have graduated or a degree as long as you can work and deal with the very simple tasks. In that reason the bitcoin is a key to anyone's success and Bitcoin can possible end the poverty of the world.
full member
Activity: 322
Merit: 100
January 08, 2018, 08:33:27 AM

It can be somehow because bitcoins can provide us money because by just simply buying bitcoins the value can either grow up or fall down so it can really end the world poverty if the people will pursue this thing.  Because there are some jobs in here that dp no discriminate because the identity is secured like in this forum no matter what you are no matter what you can do as long as you have an internet connection you can easily gain money in this but just like any things all have exemptions.
member
Activity: 364
Merit: 10
January 08, 2018, 06:21:17 AM
I think not because bitcoin and it's blockchain technology requires internet that third world countries does not have.
member
Activity: 114
Merit: 10
Bitcoin: 1HrWs3tDzWr13zocV3qP9ENRLgiDuewtsu
January 08, 2018, 05:50:18 AM
Blockchain would certainly make donations more transparent, so more people will feel comfortable donating to the right cause.
hero member
Activity: 1190
Merit: 500
January 08, 2018, 04:38:19 AM
It takes a long process and time to overcome poverty, because the main problem of poverty is on human resources, they are not concerned with the situation and feel comfortable with their poverty.
I think the problem of poverty is more complex than a human resource dude. every country has a varied poverty level and not all countries can end a poverty problem in their country. I think it's impossible for bitcoin to end poverty. because you know the problem of poverty in the world is not just a lack of employment right? but more complex than that..
member
Activity: 448
Merit: 10
January 08, 2018, 04:30:49 AM
Well, why not, if it can help the world to end poverty then the better.
member
Activity: 160
Merit: 14
January 08, 2018, 02:14:10 AM
I think bitcoin will only be capable of reducing poverty in the world since it is not yet legalized worldwide. There is a large possibility that it would end world poverty if ever it is already legalized worldwide. Although there is a large possibility, there would still be hindrances in it. We can't be sure that everyone will use bitcoin that's why some will not be able to escape poverty.
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