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Topic: Can Bitcoin End World Poverty? - page 54. (Read 63043 times)

full member
Activity: 287
Merit: 100
December 03, 2017, 03:10:45 PM
Bitcoin reducing poverty is likely to be very small So far there are still many people who do not know bitcoin. But this is an alternative way to reduce poverty
member
Activity: 142
Merit: 10
December 03, 2017, 01:45:35 PM
No, because who hold bitcoin is human and think only to be rich .

it will hep non-employer to have good work with normal income
full member
Activity: 238
Merit: 102
OPEN GAMING PLATFORM
December 03, 2017, 10:53:40 AM
Yes it can. But I think it'll take very long time to completely end the poverty all over the world. For now not everyone in all over the world know about Bitcoin so they still have to work daily with low salary job. Beside when people want to get a job in real life they need to have a lot of experience and degrees that why there are a lot of unemployed people out there. But with Bitcoin degrees is useless cause nobody know who you are, they don't care about your degree, they just care about what you can do so it'll be much easier for people to earn money with Bitcoin so I think it'll help ending the poverty in this world.
full member
Activity: 418
Merit: 100
December 03, 2017, 10:51:58 AM
I think if only bitcoin will not be able to eliminate poverty in the world, it takes government action to reduce poverty, because if want to benefit from bitcoin also need money to buy bitcoin, and can choose to trade bitcoin
sr. member
Activity: 392
Merit: 292
December 03, 2017, 10:35:22 AM
No.Bitcoin is not the primary solution to world poverty.Its the job of all its leaders of a certain country to solved its problem on poverty.Do not depend on bitcoins so much because it can never be solved just by depending on it.
I think you're not making yourself clear on every statement that you've said. I mean you're saying this in circles. The only clear statement you've said is in the 'leaders' parts.

Well anyways, you're right, depending on a currency won't save poverty at all, for instance Dollars, the United Nations are giving help to these people but it turns out that it doesn't solve the problem at all. It made it even worse, they are depending on their 'help', not to help themselves.
full member
Activity: 1218
Merit: 112
December 03, 2017, 08:15:24 AM
How can Bitcoin end world poverty, when hundreds of millions of poor people don't even hear about cryptocurrency. They don't have access to education. Some of them who are educated, they don't have the desktop computer and internet access.
member
Activity: 160
Merit: 14
December 03, 2017, 08:11:26 AM
Poverty is countries government issue and it is very big issue even government of any developed countries and developing countries also not able to solve. So if we expect bitcoin will end the world poverty it is not possible. But yes any individual's poverty can end through bitcoin income and through investment returns not the country.
full member
Activity: 245
Merit: 107
December 03, 2017, 08:09:06 AM
NO i don't think so it can.The question is how it can end the Poverty. Bitcoin isn't exist physically. Its only possible if we donate some amount of bitcoin but there's no services exist on internet who accept bitcoin in order to help poor peoples and end the Poverty. I can't say anything right now but maybe its possible in future.


With what you have said, how will it end poverty? Even in the future, it will not end poverty, but there is a chance that poor people might decrease. When a lot of people became rich, let's say because of bitcoin, they might consider making their own business, open up their own companies, and that needs people to be workers, that means a lot of job, so it won't end world poverty, but it will help it to decrease.
member
Activity: 322
Merit: 10
December 03, 2017, 08:08:18 AM
If all countries in the world can work together for it is not impossible bitcoin can be one way to reduce the number of poverty in the world,
full member
Activity: 124
Merit: 100
December 03, 2017, 08:05:01 AM
NO i don't think so it can.The question is how it can end the Poverty. Bitcoin isn't exist physically. Its only possible if we donate some amount of bitcoin but there's no services exist on internet who accept bitcoin in order to help poor peoples and end the Poverty. I can't say anything right now but maybe its possible in future.


This will never exist, poverty is a fact that cannot be treated by bitcoin. Bitcoin is only a instrument in the economy world. We should beware of this. It won't provide a solution to poverty problem.
hero member
Activity: 798
Merit: 500
December 03, 2017, 08:01:40 AM
NO i don't think so it can.The question is how it can end the Poverty. Bitcoin isn't exist physically. Its only possible if we donate some amount of bitcoin but there's no services exist on internet who accept bitcoin in order to help poor peoples and end the Poverty. I can't say anything right now but maybe its possible in future.
full member
Activity: 172
Merit: 100
December 03, 2017, 01:00:58 AM
I think No, bitcoin doesn't  provide money to everyone for free. If you want to end poverty you have to work for it. You have to put all your time and effort in order to end your poverty status. Not all people who joined bitcoin became rich too, one has to be dedicated and focus on ones goal. Maybe bitcoin can be the answer to poverty but it still depends on the peolple on how they use hitcoin as instrument to end it.
newbie
Activity: 24
Merit: 0
December 01, 2017, 10:21:54 PM
I think it depends on the situation. Bitcoin can only end the poverty of those who knows bitcoin,but those who dont know anything about bitcoin, they are always in poverty in thier entire life like on some places were technology have no room.

it depends. those people who enter the bitcoin world can be rich and left their life from poverty. but those people who wants to stay where they
are, its their choice. world poverty will end if everyone help each other to get away of poverty. not just money
or bitcoin can end poverty but also the people around can make change to end poverty.
sr. member
Activity: 728
Merit: 275
December 01, 2017, 03:07:05 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.
How the hell could bitcoin vanish world poverty?? Does this even makes any sense? Poverty is due to unevenly distributed wealth. I don't really know about any such mechanism under BTC. Moreover, only the most rich people are in mining today. Have you ever seen a poverty stricken person behind the PC confirming transactions.
full member
Activity: 1008
Merit: 101
December 01, 2017, 03:04:48 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.
hero member
Activity: 2408
Merit: 584
December 01, 2017, 12:15:33 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 it’s possible for bitcoin to do so as we know that bitcoin have already replaced some other crypto from market and still it trying to do its best because in many countries bitcoin have reduce unemployment and it also want to end world poverty so I think to end world poverty bitcoin need some time because it’s a very big challenge to bitcoin to end world poverty but I believe bitcoin will do it because bitcoin is now very strong than ever.
sr. member
Activity: 588
Merit: 251
HELENA
December 01, 2017, 10:14:42 AM
I wish there will be an association of all altcoin companies to build and raise a NON Profit ICO specialized only for charity. This could help to lessen the hungry people.

full member
Activity: 151
Merit: 100
PITCH – THE FUTURE OF OPPORTUNITY
December 01, 2017, 10:09:40 AM
No.Bitcoin is not the primary solution to world poverty.Its the job of all its leaders of a certain country to solved its problem on poverty.Do not depend on bitcoins so much because it can never be solved just by depending on it.
full member
Activity: 248
Merit: 100
WWW.BLOCKCHAIN021.COM
December 01, 2017, 09:10:30 AM
I don't think bitcoin can end poverty because no one can end poverty unless the people who lives on poverty wants to get out themselves in that kind of situation. There is no way bitcoin can help those poor people who are lazy and just want to give all their needs to them to the point that they just hoping for the help of other people.
hero member
Activity: 1148
Merit: 528
December 01, 2017, 09:07:43 AM
Bitcoin isonly betting whenev er you commit your bitcoin in altcoins hehe. Bitcoin an extremely great expense together wiis terous altcoins. nmhu
I am also strongly in favor of making bitcoin legal throughout the world because in this way many people who are living life of poverty especially after even holding degrees, they are going to earn good money with bitcoin and will no longer be a burden on their society and government. Bitcoin has already made masses earn their livelihoods. In short, bitcoin can play significant role in eliminating poverty form world.
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