Can Bitcoin End World Poverty? - page 47.

arallmuus

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Quote from: wxa7115 on December 20, 2017, 12:23:07 AM

Bitcoin cannot reduce poverty, at most what bitcoin is going to do is to reset the game,

You are definitely not making any sense at all

Quote from: wxa7115 on December 20, 2017, 12:23:07 AM

where people that had everything in fiat will be losers while those that have bitcoin are the winners in this new system a currency

That wont happen at least not for now. Do you think that the government would just let this kind of thing goes without their control and let bitcoin takeover? They wont and this probably wont be happening

Quote from: wxa7115 on December 20, 2017, 12:23:07 AM

that is classic mistake many people make, a currency is a way to keep track of the wealth of the world and nothing more.

Not entirely correct but atleast you are making more sense now. Currency is a tool to purchase things. If you cant use it to purchase anything then it is not currency at all but more like a property

wxa7115

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Bitcoin is GOD

Quote from: ROTCIV75 on December 05, 2017, 10:48:33 AM

I think it can reduce poverty but thinking that it will remove or end world poverty. Bitcoin has a tremendous potential that it can do anything and can take the world anywhere. But talking about end of World poverty. Bitcoin has the potential to change the world economy and paper currency but it is to hard to believe or to imagine that it will end world poverty. As bitcoins is a virtual currency concept. It is only benefit those who own them, so for buying bitcoin you need a investment and that investment is only done by a stable person no poor can do that. So I think bitcoin will only make rich richer but not to poor. It may gives and increase the employment and may reduce unemployment but ending poverty is not possible.

Bitcoin cannot reduce poverty, at most what bitcoin is going to do is to reset the game, where people that had everything in fiat will be losers while those that have bitcoin are the winners in this new system a currency does not generate wealth, that is classic mistake many people make, a currency is a way to keep track of the wealth of the world and nothing more.

kkukkugaga

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Hello World!

No because poverty is human issue. BTC cannot work on its own. It still need services from people. Btc can only help the needy. If we encourage ourselves to work, we can help our economic life increase. If that happens then we can lessen the cause of poverty.

leyton11

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Quote from: lprytk on December 18, 2017, 03:41:21 AM

can us dollar end poverty? of course no. bitcoin or other altcoins can't end poverty and that is not their purpose.

Yeah, I like your comparison. Cryptocurrency and Dollar all the money, in the concept. Therefore, both all can't help the world be end poverty, this is the issue of the human are living in the Earth, it isn't the issue of the tool.

lprytk

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can us dollar end poverty? of course no. bitcoin or other altcoins can't end poverty and that is not their purpose.

Acquaint Project

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No, Bitcoin will not end world poverty !

It is bad practice that anyone wishing to push their
agenda on Bitcoin rides on this.

I see it happen everyday that people use the name of Africa to put their agenda
Forward on how Bitcoin will help the bottom billion, impossible !

If anything it's going to make conditions more terrible, more than
50% of the African continent cannot access the Internet reliably.

Needless to say we all know where world poverty is dominant, if anything, Bitcoin
Will promote illegal outflwas of capital from developing countries.

Now watch as Bitcoin Cash rides the 'African Wave' to pump in 2018.

Jeremiesaranza

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EMMARES – Email as you know it, will never be the

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:

No not in all ways bitcoin can end up poverty, it depends upon the people how they manage and use bitcoin and not all people are knowledgeable in bitcoin..

fearcoka

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Quote from: 4U on December 16, 2017, 02:25:23 PM

Quote from: TheKeyLongThumbI on December 16, 2017, 03:10:06 AM

Poverty is like War. As long as there is someone who wants to get more powerful, he will do anything so that he can still control many people. If his citizens are poor, its easy to make them or force them to do things just to survive as anything he wants so bitcoin can't solve it either.

Its possible for bitcoin to make it possible because bitcoin is the only currency which can do anything but I believe that it’s a very big challenge for bitcoin and I think it will take some time because it’s a very tough job to do so for that I think world need to make bitcoin legal in any single country if bitcoin become legal around the world then it’s a very easy for bitcoin to end world poverty because I know the power of bitcoin as its already reduce unemployment in my country.

The power of Bitcoin? You are really funny, I didn't hear anything as the power of Bitcoin can help the world be end poverty. This is a currency, how do it provide the job for you? Do you want to the people become the trader? I don't think this is a solution, you should give me more proof to prove your idea is right Wink

.

brickafterbrickwalldpt

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Not really. Thing is alot of Africans don't have the access to many of the things that are easily available to people leaving in the first world countries. Access to the internet isn't really on the top of the 'to-do' list that the nations situated on that continent have. Not to mention other problems that burden the people living there everyday. It would be hard to fix their problems even with bitcoin, it wouldn't be all that different to the measures that are being taken now to help the struggling nations in Africa, the strategy would be a bit different given the nature of bitcoin. Bitcoin can revolutionize the world economy, but it wouldn't solve all of the problems the world has.

BagzMM

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Poverty can be define as No Money. As result of the corrupt society and bad Education. To fight poverty it needs a long term plan.
Bitcoin will definitely help the society but only to those who know the system and understand the process. It's a Big Challenge to End World Poverty.

Tavarez

sr. member

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World poverty will never be ended but bitcoin and other cryptos have tremendous potential for the poor and marginalized of the world to also see benefits from these technologies. It will help those people who didn't have access to the banking infrastructure or credit. Crypto technologies have the potential to help the poor by reducing excessive remittance fees, giving greater access to financial institutions, combating inflation and perhaps even helping to end corruption.

@matthew17

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It cannot end the world poverty but it can help to all people who suffered for that .

4U

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Quote from: TheKeyLongThumbI on December 16, 2017, 03:10:06 AM

Poverty is like War. As long as there is someone who wants to get more powerful, he will do anything so that he can still control many people. If his citizens are poor, its easy to make them or force them to do things just to survive as anything he wants so bitcoin can't solve it either.

Its possible for bitcoin to make it possible because bitcoin is the only currency which can do anything but I believe that it’s a very big challenge for bitcoin and I think it will take some time because it’s a very tough job to do so for that I think world need to make bitcoin legal in any single country if bitcoin become legal around the world then it’s a very easy for bitcoin to end world poverty because I know the power of bitcoin as its already reduce unemployment in my country.

King Sastro

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I'm not sure the presence of bitcoin eliminates poverty. Poverty is a problem of antiquity and there is no solution that works 100%, this is because the problem of poverty is too complicated and can not be completed in a short time and need a serious state policy.

TheKeyLongThumbI

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Poverty is like War. As long as there is someone who wants to get more powerful, he will do anything so that he can still control many people. If his citizens are poor, its easy to make them or force them to do things just to survive as anything he wants so bitcoin can't solve it either.

jinx029

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I believe that bitcoin can end the poverty of one country, it have potential to grow the economy of one country because if one use it and one will be rich through bitcoin there is posiible that many people can use it.so many people can be rich

Deathgamer

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Definitely, bitcoin can end world poverty. It is considered as one of the most severe problem a certain country can encounter. Bitcoin can be considered a blessing to wherever country we belong. It has been helping a lot of people already where in fact it dominates our present economy. It has reached its highest exchange rate in the market. So whoever earned bitcoin, they sill definitely reap larger income as well. It helped people earn big and at the same time learn a lot of things. If everyone has interests on bitcoin, anybody can get rich even in a short span of time. Getting s progressive country can be within reach because of miracles happened in bitcoin. So no more poverty already.

Sleepy18

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Hahaha upon reading this title, we can see that its just a when talking to world poverty. And aside from that not all people knows about bitcoon. Yeah its true that bitcoin has a huge amount of money but still it is too small compare to the problem that cannot be solve in one day. They will needing a continues fund to support this and thats not really good. It may be the end pf bitcoin if that will happened. Still the main purpose of bitcoin is for us to transact or make transaction that will come in a short wait. And for that reason they wont gonna use bitcoin just to save thw lives of thw poor people. At the end of thw day its business that thwy need to secure

cramcram21

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★777Coin.com★ Fun BTC Casino!

It is really hard to end world poverty,
And I don't think that bitcoin could do it even though Bitcoin is a huge help to all of the one's who are using it to earn.

trako

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Such a thing is not possible. bitcoin is not magic. yes very valuable very valuable software. every detail maybe thought. but this is not something that is distributed for free. it is also something that will become more valuable as demand increases. it is so wrong to say it.
I think it is ridiculous.

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