Can Bitcoin End World Poverty? - page 44.

regnidorhcs

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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/

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I don't think so. Bitcoin is only a cryptocurrency and the solution of poverty depends fully on us. We can not make sure that everyone in the world will use bitcoin as an instrument to escape poverty since it is not legalized yet but as we approach the future, I think we will have the chane. Bitcoin is just an instrument, our will is the one to play the biggest role on ending world poverty.

Neddie1908

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I think it is possible, if every person in the world has access to the internet or bitcoin, actually before it was possible because creating an account at bitcoin is free unlike now

Mymikagab

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i think it's not the rigth time because of widespread poverty in need of government support because if bitcoin can go out of poverty many processes still have to be done but if you really want to be able to hesitate to help yourself to get the chance to get in trouble.

Gramna

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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 there is a chance that bitcoin will aid poverty for some areas but if we are talking about the whole world, it's far from happening yet. We should always remember that bitcoin is not yet legalized worldwide so its capability to help people is not that influential yet knowing that some people are not yet even aware of what bitcoin is and what it does to people who uses it for profit.

geegaw

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Quote from: Noilee on December 27, 2017, 10:47:51 AM

Yes, because it helps lot of people to give more opportunity to invest and earn in bitcoin, especially to those unemployed. So bitcoin will end poverty, because as we notice and we heard that there are almost people are give thanks and appreciate to bitcoin. I believe that bitcoin can end world poverty because of its profit and most of people are already invest. It has a potential that can end world poverty because the price is good.

Bitcoin help for the unemployed, providing jobs for more people interested and aware of it, but do you think the poor will know Bitcoin, certainly not, even they do not know about computers, they do not know about the internet, that means they can not work with bitcoin, bitcoin can not help them. And in fact, Bitcoin will not be ending poverty around the world, it can bring income and work to many people but that is only limited to a certain degree, it can not do anything beyond its capabilities, poverty is still a terrible problem that can not be solved

reginalkri

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If it had super powers it could. But it doesn't. World hunger depends too much on humans depending on humans.

Jdragon6x6

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Yes, because it helps lot of people to give more opportunity to invest and earn in bitcoin, especially to those unemployed person like me. Hope i can have some bitcoins. I will buy what i need.

AndreyBelts

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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:

Can Bitcoin End World Poverty?

Bitcoin - No. Sad

New cryptotech & fintech - Yes Wink

Noilee

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Yes, because it helps lot of people to give more opportunity to invest and earn in bitcoin, especially to those unemployed. So bitcoin will end poverty, because as we notice and we heard that there are almost people are give thanks and appreciate to bitcoin. I believe that bitcoin can end world poverty because of its profit and most of people are already invest. It has a potential that can end world poverty because the price is good.

romero121

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Vave.com - Crypto Casino

Quote from: bestbiz9 on December 26, 2017, 12:31:12 PM

I think bitcoin does not help to solve the problem of world poverty, because that he is like any other investment like gold or diamonds or stocks. The rich will use it to make more investments, and the poor will have a much lower financial position.

Yes, poverty is not likely to get sought with bitcoin or some other digital currency. It is all about the basic requirement, which needs to be rectified by the government of each and every country. Rich always use to multiply what he holds and very few have the eagerness to support poor people and support them improve their way of living.

bestbiz9

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I think bitcoin does not help to solve the problem of world poverty, because that he is like any other investment like gold or diamonds or stocks. The rich will use it to make more investments, and the poor will have a much lower financial position.

Cling18

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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:

Bitcoin has been the major problem of society nowadays. I think it is something that is really hard to end. I think bitcoin can't end it globaly because only a few percentage of people in each country have the knowledge about bitcoin. Maybe, it can change an individual's financial state but it can't change the situation of the world.

PatronRH

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I don't really think bitcoin can do that at the moment. It can help those who know how to trade with it for sure but end the world poverty. I don't know about that. Yet I think bitcoin can help with some economical problems. That's because of the limited amount of bitcoins so when it's all mined I think it would help with inflation simply because we can not print more. And that is the problem with real money.

boyshx

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Bitcoin is a cryptocurrency, and no currency in the world has power to end poverty. Currencies are medium of exchanges or mode of investment. Poverty can be reduces or eliminated by creating jobs, and this is the job of the governments of the respective countries. Bitcoin can help them by creating job opportunities. Bitcoin can help people to increase their standard of living by giving them work options. A person with knowledge of bitcoin currency can start his own bitcoin mining activity. Or can work in a signature campaign activity.

Lanatsa

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Quote from: BitcoinPC on December 26, 2017, 10:49:48 AM

Quote from: kamote291993 on December 11, 2017, 10:19:47 PM

Bitcoin is limited and can only occupy a large space of population but our necessecities are unlimited. Poverty won't end , it will just pass family generation to another generation but bitcoin would probably help to lessen the number of poor.

I don't think it can end the poverty. Bitcoin doesn't have enough power to end it. Its just a currency which lives in internet and use by those know have great knowledge about bitcoin and technology. Its only possible is if every person start giving donation., which i think nobody's want to do. Just 5 or 10% of your daily income can help poor and that can be done with fiat too. Nothing special for bitcoin here.

Even just to think off on local fiat itself cant even solve it how much more in bitcoin. It doesnt really have the power on completely wiping out poverty but can somehow give some chance to those people who are jobless as long you do know how to make use of computer and some technical things online then you would really able to change your life situation or financial state.

BitcoinPC

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Quote from: kamote291993 on December 11, 2017, 10:19:47 PM

Bitcoin is limited and can only occupy a large space of population but our necessecities are unlimited. Poverty won't end , it will just pass family generation to another generation but bitcoin would probably help to lessen the number of poor.

I don't think it can end the poverty. Bitcoin doesn't have enough power to end it. Its just a currency which lives in internet and use by those know have great knowledge about bitcoin and technology. Its only possible is if every person start giving donation., which i think nobody's want to do. Just 5 or 10% of your daily income can help poor and that can be done with fiat too. Nothing special for bitcoin here.

miros

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Quote from: Madmim on December 22, 2017, 11:58:43 AM

World poverty is a very big thing. But those early bitcoin enthusiasts sure had ended their poverty. Heck there was a time when people could mine bitcoin with their personal computers and at that time I ignored it to a great extent and now regretting doing that. I could have ended my poverty right now.

Those people who bought bitcoin in the beginning were very at risk. History knows many online currencies that have failed. I also regret that I did not buy bitcoin before. But it has no influence on world poverty

creative~mind

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No. Bitcoin can provide better conditions and new possibilities for people, but this alone is not enough. The proof of this is that there are still many poor people in countries with very good conditions. It's all about people's mindset.

Xenoph0bia

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Quote from: Madmim on December 22, 2017, 11:58:43 AM

World poverty is a very big thing. But those early bitcoin enthusiasts sure had ended their poverty. Heck there was a time when people could mine bitcoin with their personal computers and at that time I ignored it to a great extent and now regretting doing that. I could have ended my poverty right now.

No I don't think so that Bitcoin Can End world poverty.Bitcoin is a cryptocurrency which requires internet connection and some basic knowledge.There are many places where internet connection is not available and there is a large population which is still illiterate.So it is impossible for that population to use Bitcoin. Bitcoin is not under the control of any Central Bank or any government so it is not legalised in many nations.All the people of the world depend upon Fiat currency for their day to day transactions.Athough the users of Bitcoin are increasing still people use real money instead of Bitcoin.

Madmim

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World poverty is a very big thing. But those early bitcoin enthusiasts sure had ended their poverty. Heck there was a time when people could mine bitcoin with their personal computers and at that time I ignored it to a great extent and now regretting doing that. I could have ended my poverty right now.

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