Topic: Can Bitcoin End World Poverty? - page 63. (Read 63023 times)
bitcoin can not eliminate the poverty that exists in the world, because to eliminate poverty takes a lot of jobs such as factories that require many employees, the economy of a country also determines the poverty or not
Maybe but bitcoin is just a currency and not all people dont know about bitcoin and poverty is the biggest problem in the world maybe goverments will helping thier people.
It will not be able to completely remove the poverty form the world. But yes we can say that to an extent it can help the people to become self sufficient and grow in their career and leave a happy life. BTC will help them earn a better living.
Possibly it will minimize the number of poverty, Because as far as i know, bitcoin gives opportunity to those people who don't have job. There's no doubt everybody can avail bitcoin but first thing to is you must be knowledgeable, read and research about how it works so that when you get involve with signature ads, then we can relate the issue and give substantial things to ponder about the topic:)
Some factors affecting people on poverty line are very many.Bitcoin can never be the solution to end up world poverty.There are many reasons affecting poverty like unemployment and overpopulation.
True, Bitcoin will never be a solution for world poverty especially with those whales who always wants to rake lots of coins and profits from weak hands. It might probably another cause of poverty to some people because of the wrong decision they made with their fund and Bitcoin.
Some factors affecting people on poverty line are very many.Bitcoin can never be the solution to end up world poverty.There are many reasons affecting poverty like unemployment and overpopulation.
For me i think so..
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
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Yeah for me bitcoin is the way to end poverty in the world. But it depends to the government if they used bitcoin and teach other bout bitcoin. Because some of us are they not know bout bitcoin. So it easy to us to used bitcoins. http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
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Definitely yes if everyone knows how to use it and knows about the great potential of the legendary bitcoin currency well if they will join this forun for easy works and probably spammers cant be avoided because not everyone excell in this type of work
No, nothing can end world poverty. There will always people who are poor and those who are rich. Similar to money, most btc will be kept in the hands of a small percent of Earth population
I don't think so cause mostly of the people don't know how to use technologies or possibly they don't know what bitcoin is.
Maybe but bitcoin is just a currency and not all people dont know about bitcoin and poverty is the biggest problem in the world maybe goverments will helping thier people.
In Think bitcoin is not something like that, it is not a solution to every problem, it is a currency. It may and can help people in many ways, especially when it comes to money matters, bitcoin and the cryptoworld, but poverty is different story. It can only be solved by the goverment of that state as well as the people who lives in it.
Why not? There are a lot of countries such as africa which is slow in term of improoving welfare because people in those countries face a difficulties in transactions nationally or internationally, most of people there have no access to credit or digital payment. Using remittance service is not good for them because the average fee for remittances is 9% of the money transferred. Most of people in the world don't even own a bank account, bitcoin is problem solving for their transactions so the velpcity of money is even better. So I think bitcoin has probability to end worpd poverty.
In the earth, I think nothing is impossible for us.Because, we the best creation of our god.By the way,Bitcoin is a platform where anyone can improve his/her current situation and earn money as a profit by investing on it.Firstly,the govt has to more sincere to use this.Media can also help to know about it.Then,the people will interested to use this.After that,it is very helpful for the unemployment problem.By doing all these things, Bitcoin can end the world's poverty
Even with or without bitcoin, world poverty can end if the government will put an effort seriously on the peoples needs and not the peoples want. When they value its people and not itself, like on this past centuries of governing countries, it would have not any single poor people on the planet. Bitcoin is not the way. It is somehow reduce it but the solution is already given, but didnt do.
Yes it's possible for bitcoin to end poverty as we know that bitcoin have already replace other crypto from market so it can end world poverty as well because bitcoin is one of the fast growing currency and it’s also reduce unemployment from many countries so I think we need to give a little time more to bitcoin and then I’m sure that bitcoin will end world poverty. 
no because even if you have the good intention to share or to teach other people about it they would not still jump to it and just believe on the traditional business and other profession or job that they may have. It is also a process of collaboration to the government of each country to the community because if it is legal to one country then it would be easier to transact bitcoin rather than a country who banned bitcoin and didn't accept as their money for payment.
Many third world countries and African countries have made their currencies more affordable, with the impact of BTC. It certainly will not end btc poverty but it will be beneficial to developing countries. For me i think so..
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
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YES bitcoin is the way to end poverty in the world, but it depends in community or government who handle their people to used bitcoin. http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
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For me i think so..
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
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Unity is much needed if we are aiming to end world poverty. If people in the world will keep on making war and being corrupt or greedy, then there's no chances that world poverty will come to an end even with the help of bitcoin. There's no assurance also that people will really use it as a tool to end world poverty. Some countries are even banning bitcoin and they think bitcoin would not help in this matter. http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
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For me i think so..
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
READ MORE:
Well we cannot fully depend on bitcoin since the decision of the people is the main thing that can end world poverty. We can say that bitcoin is all powerful but what will matter the most is if people would use it as an instrument to get out of the poverty. Aside from it, bitcoin is not yet legal in all the places in the world so the certainty that people will know it and will use it is low since they don't have any idea about it. http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
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Bitcoin is such as revenu,which is more valuable than gold.It is a section important in the world.By which the world can overcome poverty.
Bitcoin is not God that can really change the world for better and with regards the aim to reduce poverty, I think people were given the opportunity to enjoy the resources that's here on earth like education. So if poor people will be as poor as before, but certainly it's a no for now because if a person will put hardwork on every job that he have; he will gain better income. Poverty will end if all people's mind were created equal, but it's not possible because for my own observation now; poverty is a choice and through bitcoin as long as you're an open minder person there's a lot of micro jobs that lets you earn good income through bitcoin. By that strategy you maybe having those opportunity to suppress the poverty of every people in the world now, depending on how a person is positive to pursue his dreams of aiming higher for his finances.
Bitcoin is such as revenu,which is more valuable than gold.It is a section important in the world.By which the world can overcome poverty.
If you believe in bitcoin or whichever cryptocurrency that takes over as the leader of this space as a store of value and means of accounting, it will help alleviate some symptoms of poverty.
Without having to store fiat in a bank or other financial intermediaries, one minimises his risk of being "robbed" of his money should our current financial system encounter another crash and these banks collapse.
Another angle you can look at is the accessibility of investment products for the "less wealthy". In most countries, setting up an investment account comes with administrative fees, minimum investment sums that will deter the young adults with limited savings or the poor. Crypto exchanges in this competitive space mostly charge low fees, and participation in token sales/ICOs cost a fraction of traditional IPOs, and offer potentially much higher returns. This provides an attractive avenue for young and less wealthy investors to park their money.
Of course this is an optimistic view of crypto markets, things can go very wrong in the near future.
Indeed, Bitcoin will decrease the rate of poverty in the whole world but it will take more long time because this a major problem in most of the countries and bitcoin is the main way which can reduce the rate of this problem because bitcoin is giving chances to all type of people in the world of jobs which can earn money by setting in their home.Without having to store fiat in a bank or other financial intermediaries, one minimises his risk of being "robbed" of his money should our current financial system encounter another crash and these banks collapse.
Another angle you can look at is the accessibility of investment products for the "less wealthy". In most countries, setting up an investment account comes with administrative fees, minimum investment sums that will deter the young adults with limited savings or the poor. Crypto exchanges in this competitive space mostly charge low fees, and participation in token sales/ICOs cost a fraction of traditional IPOs, and offer potentially much higher returns. This provides an attractive avenue for young and less wealthy investors to park their money.
Of course this is an optimistic view of crypto markets, things can go very wrong in the near future.
Sadly, poverty is a multi-faceted problem caused by politics/corruption, lack of quality education, access to a reasonable job market and more. Bitcoin and other altcoins at the end of it all are just tools to HELP solve these issues, and not the full solution.
I agree. Solving poverty is quite complicated. Although that bitcoin may help in alleviating poverty, it won't totally eradicate it. We have to look at the root of the problem. There's a lot more factors into it such as the structure of society and economy which prevents solutions such as this to totally get rid of poverty. There will still be a presence of poor if we continue to have corruption and unfair distribution and treatment in the world however this is the sad reality.
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