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Topic: Can Bitcoin End World Poverty? - page 51. (Read 63070 times)

full member
Activity: 518
Merit: 101
December 09, 2017, 07:59:11 AM

Poverty is balance in life, even if given equal money, not necessarily same in use. Because each person's different needs and lifestyle, bitcoin will never overcome poverty. However, in presence of bitcoin peoples can make money without to become employees
That is true, but despite that Bitcoin can’t end world poverty, I believe it can have something to offer the world, maybe just as you said– by helping people who are unemployed to get something for them to live their life with. In a situation whereby it creates a job opportunity online, I believe it is already offering something when it comes to reducing the rate of world poverty.
Bitcoin can really change the world of individual and can definitely end the world of poverty. Bitcoin somehow change the way I live if there is time I am really exploring here I don't let my spare time to be wasted. Since we have found out that bitcoin really change our life let us not forget to share this.
sr. member
Activity: 2030
Merit: 323
December 09, 2017, 07:31:21 AM

Poverty is balance in life, even if given equal money, not necessarily same in use. Because each person's different needs and lifestyle, bitcoin will never overcome poverty. However, in presence of bitcoin peoples can make money without to become employees
That is true, but despite that Bitcoin can’t end world poverty, I believe it can have something to offer the world, maybe just as you said– by helping people who are unemployed to get something for them to live their life with. In a situation whereby it creates a job opportunity online, I believe it is already offering something when it comes to reducing the rate of world poverty.
full member
Activity: 462
Merit: 100
December 09, 2017, 01:31:11 AM
Absolutely my answer is yes! Why? Because I feel a better improvement since I started to join bitcoin and we all know that poverty is in the individual people. And people is the reason of financial crisis or financial improvements. I believe that if we all become rich or have better improvement because of bitcoin then the poverty will end in our land or in our own country.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
December 09, 2017, 01:24:31 AM
Bitcoin is getting more and more of an interest. As we know that bitcoin for me can help in all societies . Where they invest well they will get multiple benefits. In view of the excellent price for us it is great to invest in the future in the presence of this bitcoin in all societies can reduce poverty and to get a lot of results.
If I think bitcoin has not been able Yo end world poverty.
Bitcoin is one of the best thing to invest right now because the benefits are just the best for an investment. Bitcoin has a secured blockchain technology and also its price is almost always going up which is the best for an investor. Bitcoin is also safe because of the anonymity and the most thing that i like bitcoin is the fast transaction speed.
full member
Activity: 630
Merit: 102
December 08, 2017, 11:24:12 PM
Bitcoin is getting more and more of an interest. As we know that bitcoin for me can help in all societies . Where they invest well they will get multiple benefits. In view of the excellent price for us it is great to invest in the future in the presence of this bitcoin in all societies can reduce poverty and to get a lot of results.
If I think bitcoin has not been able Yo end world poverty.
sr. member
Activity: 994
Merit: 257
December 08, 2017, 11:08:01 PM
Bitcoin is not a magic wand which will end world poverty. It simply doesn't have the power to end such a massive thing. Also bitcoin is not a payment system anymore. We have moved to a different goal long back, when the confirmation time increased and transaction fees hiked. These confirmation time and transaction fees is going to be increased again and again. So we will move from the initial goal further.

Bitcoin has now purely became an investment asset. IT can provide a huge return which any other conventional investment will never be able to offer ever. So I take bitcoin purely as an investment and a trading asset. I earn profit  and keep it for the future.
I dont think that bitcoin can actually do that because as far as i know the bitcoin is not yet known worldwide maybe many people know about bitcoin but not all of us. So thats why i dont think it can happen. And for me not all people can access bitcoin.
Yes I think its possible for bitcoin to end world poverty because bitcoin is playing a very big role in economy of different countries and also bitcoin reduce unemployment in many countries so off course bitcoin can do it but I think it’s a very big challenge for bitcoin I think it need some time but the way bitcoin is going forward there is no doubt that bitcoin can end world poverty and that’s why every country are trying to accept bitcoin.
It is not possible, ending world poverty is not easy, I do not know where people got this idea, world poverty is a problem with many causes and problems like that are very difficult to solve because you cannot just do something and alleviate the problem, the west has gave much aid to poor countries but most of that aid is stolen by politicians or powerful people in those countries so the poor never benefit at all from such aid.
full member
Activity: 378
Merit: 100
December 08, 2017, 09:11:06 PM
The price of bitcoin is too height. I`m agree, that it`s international value, but there are so many people who cant buy it.
I dont think so that bitcoin can end world poverty because not all people in this world knows what is bitcoin for, and not all peple knows how to use bitcoin so it has no possibilty that bitcoin can end world poverty, maybe bitcoin can help some people like me to earn many money and became rich in the future. But it doesnt mean that bitcoin  can end world poverty.
member
Activity: 126
Merit: 10
December 08, 2017, 08:47:26 PM

Poverty is balance in life, even if given equal money, not necessarily same in use. Because each person's different needs and lifestyle, bitcoin will never overcome poverty. However, in presence of bitcoin peoples can make money without to become employees
full member
Activity: 196
Merit: 100
December 08, 2017, 08:41:40 PM
If anything the inequality is getting higher every year the richer are getting richer and the poor are getting poorer, bitcoin is money, and the only purpose of money is to facilitate trade, the mission of bitcoin is not to end poverty, that is not going to be possible at all since that is the way our economic system is designed, there are winners and there are losers.

bitcoin can only help to us. For example if a person do not have any job means he is jobless and now he has start bitcoin trading or investing earning bitcoin through any other skill then bitcoin has changed his life and has removed his poverty but not for everyone who even do not know about bitcoin. Bitcoin cannot actually eliminate the world’s poverty but it can reduce it to a greater extent. It all depends on us whether we want to change our lives using bitcoin or not
member
Activity: 126
Merit: 10
December 08, 2017, 08:03:49 PM

I think so bitcoin can end world poverty  because bitcoin can give income to any person who wants to have income. And that's the number one problem of every country because most people have no work. But here's bitcoin offers an income even at home, no age limit no discrimination as long g as you want to earn from bitcoin. Bitcoin now will become powerful to all the world because it gives income, ears, and profit.To all traders and investor of bitcoin have a chance to earn a big big amount of money  because bitcoin now is very expensive, Bitcoin now is the best source of income.
sr. member
Activity: 579
Merit: 309
December 08, 2017, 08:02:10 PM
In my opinion, No and it depends on a person if he/she have knowledge on computer and even analyzing the priced of bitcoin. But the very important are have patience and hard working. Bitcoin is not a magic that people invest now then tomorrow is you can make huge profit. It's hard to end poverty even bitcoin can't vanished poverty.

In addition, bitcoin can only be used for those who have internet access, as we know that there are still many countries that do not have good internet access so that this does not bring any impact to them.
member
Activity: 171
Merit: 10
Global Risk Exchange - gref.io
December 08, 2017, 05:26:54 PM
Yes, I believe in that. Because everyone of us can own bitcoin. So if everyone can own bitcoin so they can help others. If the government will allow to the private sector to used bitcoin, and allow others to invest bitcoin in their community so it can happen that  bitcoin is the way to end poverty in the world.
member
Activity: 95
Merit: 10
December 08, 2017, 03:15:28 PM
This is what all countries, Bitcoin and other crytocurrencies are expected to reduce hunger and poverty. With government intervention to fix the problem of hunger and poverty that has been unfinished centuries. Perhaps some of the other Bitcoin and Altcoin communities can contribute to countries with hunger and poverty. If it happens I am sure it will quickly reduce the problem of world hunger and poverty.


full member
Activity: 350
Merit: 105
December 08, 2017, 03:07:11 PM
In my opinion, No and it depends on a person if he/she have knowledge on computer and even analyzing the priced of bitcoin. But the very important are have patience and hard working. Bitcoin is not a magic that people invest now then tomorrow is you can make huge profit. It's hard to end poverty even bitcoin can't vanished poverty.
sr. member
Activity: 463
Merit: 250
December 08, 2017, 02:17:59 PM

Maybe yes because poverty ends when each of us will be industrious. Poverty can end if every people are hardwork and they pursue all they want in a good way. Bitcoin can help to end the poverty by helping those jobless people to have a job especially those people who have a hardtime to find. It can end the povrty because it can sustain the needs of the people.
I do not think so, everything depends on us, on our decision. Do you are really want to change your life? You should have this question to ask yourself first. Then, you can blame anything if you are still the poor, because more than 90% the people all have this problem.
newbie
Activity: 10
Merit: 0
December 08, 2017, 01:01:53 PM
The price of bitcoin is too height. I`m agree, that it`s international value, but there are so many people who cant buy it.
full member
Activity: 343
Merit: 124
December 08, 2017, 10:37:45 AM
I consider poverty as a result of multidimensional factors and there cannot be a single panacea for the problem. Bitcoin solely will not be able to solve the problem of poverty. But there are ways in which it can improve the quality of living and thereby become a contributor for diminishing poverty in the world.

Bitcoin will help reduce people's dependency on hard cash or on cards or banks for that matter. The use of bitcoin essentially will make the world citizens understand the concept of digital currency. In the process of using bitcoin, they understand the process and as a means they get educated in market, computer systems, ledger, value of a currency, present transaction and banking systems etc. They may not become an expert in the field but a simple conceptual understanding will be a great push for our world citizens.

The whole digitisation process will make people more educated or rather will compel people to become educated enough to use and understand the bitcoin. On a target view this means that society will push for its people's education in computers and market. The lives when digitalized will call for a superior way of life in terms of economy. The use of computers for simple purchases will make people use it for almost all purposes of daily living. Knowledge in the process will be gained not only on the markets but also on all the varied fields in the world. Cross continent understanding and wisdom will be paved way for.

This is like building a big school in a small village. The school and its purpose is clear. But in the process what happens? A proper road is laid for all children from in and around villages to travel and reach. Vehicles and flow will increase for the conveniences and ease of travel. Electricity supplies and safety establishments are provided. Small eateries and medical dispensaries will come up. Slowly housing societies and hospitals will be up. A few months or years later there will be shops, malls and business transactions. Further, digitalized life will be opened up! So too digital market and currency there!

In the same way the opening up of bitcoin can certainly address world poverty though it may not be a single cure.
full member
Activity: 994
Merit: 105
December 08, 2017, 10:18:13 AM
Bitcoin utilization is in the ratio of Educated:Active understandable people Vs No education:Not aware then we can't say bitcoin will end poverty. In simple there is less chance that every one is educated so there is less chance that every one use bitcoin. But with awareness and innovative agile system to make use of it by every individual helps to make sure bitcoin will end world poverty. In simple every citizen shall take an initiative one person in a family shall know how to make use of bitcoin and earn profits this helps to confirm bitcoin will end world poverty.
full member
Activity: 354
Merit: 100
December 08, 2017, 10:05:35 AM

Maybe yes because poverty ends when each of us will be industrious. Poverty can end if every people are hardwork and they pursue all they want in a good way. Bitcoin can help to end the poverty by helping those jobless people to have a job especially those people who have a hardtime to find. It can end the povrty because it can sustain the needs of the people.
full member
Activity: 406
Merit: 100
December 08, 2017, 05:42:27 AM
Bitcoin can't end the world poverty but it can help to lessen it because of the price it can help many people change their lives, I think there is no solution to world poverty and it pass through generations. If you have dream of having a better future you can achieve it by learning bitcoin, even you have no capital you can earn here as long as your dedicated to your work. Anything can happen here and any strategy will do as long as you earn. Many jobless people are earning here because they focus and enjoy bitcoin and they put bitcoin part of their everyday lives.
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