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Topic: Can Bitcoin End World Poverty? - page 60. (Read 63023 times)

full member
Activity: 373
Merit: 100
November 26, 2017, 06:34:53 AM
I don't think bitcoin will end the world poverty simple because it's still in people on how or what they can do to change their lives. Poverty will continue existing even though bitcoins value are getting higher. Some people will stick to what life they used to be and possible wont accept bitcoin. Bitcoin can help those who believe to get out of poverty but not the entire world. And also there's a fact that not everyone knows how to use technology and some don't have any gadgets that are commonly used in bitcoin.
No bitcoin cannot end world poverty.To operate bitcoin,you need to have internet accessibility and some knowledge.Internet connection is not possible in every corner of the world and also many people are still illiterate and do not know what are cryptocurrencies are and what are their advantages.Many people still depend on cash for their day to day transaction.People will not accept bitcoin over fiat currency.Moreover government will also not legalise bitcoin.

Bitcoin is not a magic wand that can end world poverty that fast. I agree on you, It will never end world poverty but I am pretty sure that bitcoin can lessen world poverty. In my opinion it will depend on the people on what they wanted to do to change their lives. Bitcoin will continue on increasing and Poverty will continue on existing because many people right now doesn't know all about bitcoin, but I wish many people in the future will know this.
member
Activity: 294
Merit: 16
November 26, 2017, 06:17:04 AM
Bitcoin can help surely to fight poverty, but i don't think it can end it. Bitcoin and crypto currencies are digital and you need at least a computer (or phone) and internet connection to earn and deal with such currencies, and this things aren't available worldwide for poor people as known.
in matter bitcoin can only help. for example if a person do not have any job mean he is jobless and now he has start bitcoin trading or 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 is in fact providing opportunity to earn money from differenct sources it is even giving oppourtunity to those people who do not have even any experienc or knolede.
bitcoin has given chances to a great many individuals not to only some rich fellows. It has made numerous needy individuals rich. Private enterprise and open market framework is a foe to end neediness while bit coin is a possibility a chance to snatch. You can rather purchase and hold or you can work on the web and acquire through publicizing. So bit coin is contributing a great deal to give an other option to control neediness.
member
Activity: 139
Merit: 11
November 26, 2017, 06:12:25 AM
Bitcoin will not literally end world poverty. It will somehow lessen our problem but still there will be problem because they can use BTC in crimes or not in good one.
hero member
Activity: 966
Merit: 501
November 26, 2017, 05:47:27 AM
I don't think bitcoin will end the world poverty simple because it's still in people on how or what they can do to change their lives. Poverty will continue existing even though bitcoins value are getting higher. Some people will stick to what life they used to be and possible wont accept bitcoin. Bitcoin can help those who believe to get out of poverty but not the entire world. And also there's a fact that not everyone knows how to use technology and some don't have any gadgets that are commonly used in bitcoin.
No bitcoin cannot end world poverty.To operate bitcoin,you need to have internet accessibility and some knowledge.Internet connection is not possible in every corner of the world and also many people are still illiterate and do not know what are cryptocurrencies are and what are their advantages.Many people still depend on cash for their day to day transaction.People will not accept bitcoin over fiat currency.Moreover government will also not legalise bitcoin.
full member
Activity: 658
Merit: 100
PayAccept - Worldwide payments accepted in seconds
November 26, 2017, 05:45:30 AM
This is unbelievable, what you ask is ridiculous. If you are a poor person, how do you buy bitcoins?
member
Activity: 420
Merit: 10
November 26, 2017, 05:29:48 AM
I think IT Will Help a lot to End poverty if those who earn  and invest to this kind of Bitcoin knows How to share their blessings  and profit for those unfortunate ones.
sr. member
Activity: 1176
Merit: 301
November 26, 2017, 04:39:03 AM

Definitely yes. Right now, bitcoin and the other crypto currencies are helping people earn money at the easiest of ways. Most of the people nowadays find it really difficult to find stable jobs that offer good salary, one factor is also the requirements that is demanded by those companies. Good thing we have bitcoin.
member
Activity: 126
Merit: 14
November 26, 2017, 04:26:54 AM
I doubt about that it isn't a lottery where many people can instantly become rich and gain a million amount of money. And stating the fact that most people are not very well known computer especially the elder ones, the ones in urban and rural areas they will be having a hard time in using bitcoin because without computer and smartphones you could not easily access bitcoin.
member
Activity: 312
Merit: 11
November 26, 2017, 04:16:57 AM
My answer is yes.But it's not so easy.At first it needs to spread everywhere.people need to know about bitcoin.In poor country people can't get even food.How can they access on virtual world through using Internet? They obviously need to be educated.Also have to be good in English language.
Then it can be possible bitcoin end world poverty.
full member
Activity: 392
Merit: 100
November 26, 2017, 03:56:33 AM
I really want that to happen, Bitcoin can end poverty, it's a great thing, but it's not easy. Many people in the world still do not know Bitcoin, really understand it. We need to have a whole process, from instruction, teaching them the knowledge of Bitcoin to the way they invest so they can understand. And I think it is a pretty hard thing.
Bitcoin is utilized on the web and it could be a method for consummation world destitution if web was available by everybody on the planet, however lamentably it isn't. Bitcoin has a great deal of potential and has been effective till now. Nothing less is to anticipate from eventual fate of bitcoin yet it will end world craving when it achieves each finish of the entire world.
member
Activity: 294
Merit: 12
November 24, 2017, 06:31:36 PM
I don't think bitcoin will end the world poverty simple because it's still in people on how or what they can do to change their lives. Poverty will continue existing even though bitcoins value are getting higher. Some people will stick to what life they used to be and possible wont accept bitcoin. Bitcoin can help those who believe to get out of poverty but not the entire world. And also there's a fact that not everyone knows how to use technology and some don't have any gadgets that are commonly used in bitcoin.
full member
Activity: 1890
Merit: 101
November 24, 2017, 06:14:39 PM
I think it will not be, poverty will continue to exist as the number of people increases,
and if the human beings do not want to get up and change lives I think it will be very much to get out of poverty ...
hero member
Activity: 749
Merit: 503
Blockchain Just Entered The Real World
November 24, 2017, 05:33:04 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 completely agree with what his said about bitcoin being an asset, besides how can any cryptocurrency be a way to end any kind of poverty? not everyone has a smartphone or a decent computer, we are just not there yet. However, I think majority of us can argue the "magics" brought by blockchain technology.
Yeah, blockchain technology is great invention and also the most frightening in the history of mankind to this day. Depend on the field used blockchain for using, it can changes anything to become the heaven or hell Grin. Cryptocurrency can make the life of government become the hell, in my opinion Roll Eyes
full member
Activity: 267
Merit: 100
November 23, 2017, 01:37:26 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 completely agree with what his said about bitcoin being an asset, besides how can any cryptocurrency be a way to end any kind of poverty? not everyone has a smartphone or a decent computer, we are just not there yet. However, I think majority of us can argue the "magics" brought by blockchain technology.
sr. member
Activity: 812
Merit: 251
November 23, 2017, 01:32:58 PM
Bitcoin can end poverty individually, but not ending poverty in the entire world. Because this is depend on the belief of each community of bitcoin in this field of industry.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
November 23, 2017, 10:10:55 AM
For me I think I think bitcoin will help to alleviate the world poverty, you could earn tokens by doing social network campaign, airdrops, signature campaigns and many more. Doing all those stuffs you will be able to earn tokens for you to convert to cash or maybe invest it to bitcoin trading, if you get lucky in trading then poverty will be no more. 
I think it will not end world poverty, how much population is there in this world, out of total population how many are using bitcoin, very less population using it, so how can it ends the poverty.
Bitcoin cannot end the world poverty because our world has a huge coverage for that poverty and bitcoin is only limited for the people who can use it and not all the people can get in touch with bitcoin so it will not totally end the world's poverty but it could only lessen the poverty and that is what can bitcoin only do for us.
full member
Activity: 273
Merit: 100
November 23, 2017, 09:51:45 AM

Well for me I dont think so. We cannot leave our general responsibility to bitcoin, Poverty is not gonna be end by simply money, governmwnys should start conducting a better way of solution . Improvement of every local services , strong foundation for education ,charities and of course consistent support of the government must be involve in the vision of ending poverty, but solely giving it to bitcoin will not make sense ,but it is a huge loss.
full member
Activity: 406
Merit: 100
November 23, 2017, 07:07:00 AM
For me I think I think bitcoin will help to alleviate the world poverty, you could earn tokens by doing social network campaign, airdrops, signature campaigns and many more. Doing all those stuffs you will be able to earn tokens for you to convert to cash or maybe invest it to bitcoin trading, if you get lucky in trading then poverty will be no more. 
I think it will not end world poverty, how much population is there in this world, out of total population how many are using bitcoin, very less population using it, so how can it ends the poverty.
full member
Activity: 308
Merit: 100
November 23, 2017, 06:46:45 AM
For me I think I think bitcoin will help to alleviate the world poverty, you could earn tokens by doing social network campaign, airdrops, signature campaigns and many more. Doing all those stuffs you will be able to earn tokens for you to convert to cash or maybe invest it to bitcoin trading, if you get lucky in trading then poverty will be no more. 
hero member
Activity: 1666
Merit: 453
November 23, 2017, 04:29:47 AM
Bitcoin cant end poverty.. But bitcoin can provide source of income..
The people and its government is the only key to end the problem of poverty.. As long as corruption exist it will give a big factor on the problem.. People must have a job for them to sustain the daily living..
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