Can Bitcoin End World Poverty? - page 45.

Sithara007

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Quote from: Utanjaran on December 22, 2017, 12:05:29 PM

Bitcoin can't alleviate poverty. Because, bitcoin hasn't spread evenly. Even the younger generation are not all willing to learn what bitcoin is. So, to get to that stage still takes a long time.

Wealth inequality is present everywhere and it is not something which is unique to Bitcoins. But it is true that Bitcoins made a lot of people rich. I myself have benefited enormously from the price rise of Bitcoin. Income from Bitcoin signature campaigns and bounty campaigns enabled me to supplement my regular salary and lead a life with dignity. Bitcoin has played its part, but you can't expect it to eradicate poverty from the globe.

Boysen

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Quote from: links on June 28, 2017, 08:46:43 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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Of course no! Bitcoin can't end poverty because there is no key or solution to solve the poverty in all over the world. Poverty will exist in this world forever because all of the nation are experiencing scarcity.

Utanjaran

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Bitcoin can't alleviate poverty. Because, bitcoin hasn't spread evenly. Even the younger generation are not all willing to learn what bitcoin is. So, to get to that stage still takes a long time.

BILGPS

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it is true that bitcoin will end world poverty through my opinion i would like to announce to the bitcoin lovers that you must pay some of the bitcoin to the charity and poor peoples from this they will be happy and they will pray for you and once you start this you will feel happiness. from the last year bitcoin did a lot for the users like most of the graduates were from different countries were jobless and now they are receiving the salary and income from this bitcoin so we can say that they will be jobless if bitcoin were not in the world that's why i am sure that bitcoin has end world poverty.

Shutup

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Quote from: links on June 28, 2017, 08:46:43 AM

For me i think so..

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

READ MORE:
[/quote

Bitcoin end world poverty because it gives income to all unemployed and gives income to all people wants to connect in bitcoin. This is the number 1 source of income now. That gives hope to everyone that their hope is one bitcoin..

samudi41993

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Poverty and bitcoin are two different thing. They are not correlated. If the economic classification in the society vanishes changes,than the poverty will vanish. But bitcoin is just a thing that gives you purchasing power.

blitz18

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Quote from: danielnamit on December 22, 2017, 10:47:31 AM

Yes as for those people in the poverty line, it can resolve the thousands of poor people suffering in the entire world. If a poor person tries to invest in bitcoin and keeps it for a long time like for a year or two, surely it will gain 10 times what he invest because of the growing price of bitcoin now.

Bitcoin can help those poor people but not its poverty. It can help those in needs only in terms of poverty it is another problem. Although bitcoin is open to all but a person can do effort to earn money from online. We can admit and it is obvious that a person can use bitcoin anywhere as long it has an internet access.

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Quote from: links on June 28, 2017, 08:46:43 AM

For me i think so..

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

READ MORE:

bitcoin is just a currency, it can not change the current state of our world. Poverty is something that you can not easily or can not be solved. I mean we can minimize the effects of it but we can not totally eradicate it. I think it is not possible because bitcoin is not yet popular in some countries and some places does not have access to internet connection. Even if it grow and grow but if someone can not gain access to it, it will be useless to them. It cannot end world poverty but somehow it can help.

danielnamit

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Yes as for those people in the poverty line, it can resolve the thousands of poor people suffering in the entire world. If a poor person tries to invest in bitcoin and keeps it for a long time like for a year or two, surely it will gain 10 times what he invest because of the growing price of bitcoin now.

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Quote from: links on June 28, 2017, 08:46:43 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 it has the capability somehow to end the poverty of a certain area but talking about the world is aleady too far from possible. Maybe it may happen someday but the innovations needed to made before bitcoin ends world poverty will surely take decades. We should not rely on bitcoin right now with the solution of world poverty instead we should just exert extra effort on working so that poverty will be eliminated person by person.

KrisAlex18

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Quote from: links on June 28, 2017, 08:46:43 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 gained power this year and it has already dominated all the other existing cryptocurrencies. As we can all see, the influence of bitcoin nowadays has been improving more and more as time passes by and as the influence increase, there will also be chances that more and more people will be able to become rich and escape poverty. Although this is the scenario, we can't still conclude that everyone is counted.

Ngewex Yuk

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I agree, bitcoin can be the solution to the problem of poverty, the thing that makes the poor because they have no skills and capital so if bitcoin is taught to everyone then it will make poverty ends.

Emem29

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Quote from: itsallpc on June 28, 2017, 11:12:49 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.

Its have a big chance to end world poverty. Becuase bitcoin is a great coin that will help us to our financial needs. We need to work hard and learn more about bitcoin. Studieng bitcoin is important to us if we want to end our poverty.

androidr

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I don't think that bitcoin can not put an stop to entire world poverty. Someone will have bitcoin a lot more, and some will have less. It truly is just a currency that you need to receive and its quantity will be an indicator of a person's economic amount.

Magister Magus

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Not at all.
Money in general - and bitcoin is money - in only a measure of value.
If there was no money, anyway we'd have rich people and poor people.
Some with hundreds of cow and sheeps, for exemple, and other with nothing.
Poverty is a complex problem, and has nothing to do with bitcoin.

Bacotan Bae

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I think poverty is too complicated to solve, it needs a true and long-term system, the presence of bitcoin can only be enjoyed for those who have internet access so the first thing to make bitcoin reduce poverty is to provide good internet access.

Bondho Kompeni

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I'm sure if bitcoin legalized by the government then bitcoin will be beneficial for everyone so that everyone has a chance to earn for free with the mining and reduce poverty, but unfortunately there is no government who want to legalize bitcoin just more banned.

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Quote from: links on June 28, 2017, 08:46:43 AM

For me i think so..

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

READ MORE:

I guess so. When people start to learn how to earn bitcoin or practically invest in bitcoin, that will immediately have an effect to the problem of world poverty. Although, it doesn't just happen in a single day. It actually takes time, effort and cooperation of all people for it to be successful. Still, it is possible indeed.

Dark Sky

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Quote from: jacksonmark30 on December 21, 2017, 08:30:31 AM

I don't think it would especially since it has already gotten too expensive for the poor people to even properly invest in. It only benefits those who invested in it early on. This is only my opinion though.

Bitcoin can end world poverty and this forum are specially for those who cannot manage in their job's salary and those people who are jobless they can join bitcoin forum and get many benefits from this forum and they can help those people who cannot join bitcoin forum because they are uneducated, so they can provide education for their kids and that's why bitcoin can end world poverty.

jacksonmark30

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I don't think it would especially since it has already gotten too expensive for the poor people to even properly invest in. It only benefits those who invested in it early on. This is only my opinion though.

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