Topic: Can Bitcoin End World Poverty? - page 69. (Read 63023 times)
May be or may be not. No one can surely say that bitcoin can remove the poverty from the world. In this world now 750 crore people. There are 60/70% are poor people. Main problem here most of poor people are illiterate. Bitcoin can remove poverty when all the people are literate. Most of the people don't know that what bitcoin actually is. So it is very tough to solve this problem.
For me i think so..
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
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Maybe it will reduce poverty in the world but if it was to the whole world, I think that is still too far from happening. We all know that bitcoin is not yet legalized worldwide so the chances that it will end the world poverty is not yet happening. It will only happen if all people all around the world are using bitcoin as a source of income but while bitcoin is not yet legal, that thing will not happen. Be mindful also with what's happening in the market.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:
Maybe it will reduce poverty in the world but if it was to the whole world, I think that is still too far from happening. We all know that bitcoin is not yet legalized worldwide so the chances that it will end the world poverty is not yet happening. It will only happen if all people all around the world are using bitcoin as a source of income but while bitcoin is not yet legal, that thing will not happen. Be mindful also with what's happening in the market. http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
READ MORE:
In my own personal opinion, even bitcoin reduces unempleoyed people and lessen there financial problem, it is very impossible to end the world of poverty by using bitcoin because there are so many people who experience poverty but i think it will take a lot of time to end it.
Ofcourse bitcoin can give a brighter future for those poor like us. Even though kids,adult,poor,rich or whoever you are bitcoin gives you opportunity.
For me i think so..
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
READ MORE:
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
READ MORE:
For me yes i agree because bitcoin can end poverty and reduce the people unemployed . There are so many people in the world can't find a job because some of company giving requirements is graduate in collage..
With proper education about bitcoin and if people who is in investing bitcoin share there blessing ang provide some help. Why not. But if you say that bitcoin can change the world in just one snap. I dont think so. There is no shortcut in anything you need to learn it before sharing. 😊
You could also add the rest of the nodes which are linked. Choose a couple of, include them, then just wait. It ought to connect to more nodes on it's own next.
I dont think so, even bitcoin can help us i dont think it can end poverty because people will rely on bitcoin and not enough workers will work on industry, it can cause low on supply and will cause more poverty
I think no,. Because not everybody are graduated or not officially educated person. Some person can not understand what your talking about. Or do you think they know how to use the computer? Maybe but i think cellphone its yes. But as far as I know..Bitcoin can not end the world poverty situation.
Well i believe bitcoin is only an insgrument a helpful intrument that give an option to all people to believe Or to take for granted bitcoin is nothing to do with the worlds poverty and it is not really bitcoin who can end the said poverty i believe that everyone of us here living in a one world had its own simple function to end poverty .maybe the bitcoin is a useful instrument to end poverty but if everybody doesnt seem to believe on it believe it or not nothing would happen in this world.people always creat thier own problem and if they are going to suffer they blame it to the government so then i believe the status of poverty case is depend on the people around not through btc itself.
Yes bitcoin can end world poverty, but on condition. Bitcoin prices should be stable at high values like 60k-70k USD, if bitcoin prices can survive in that value, then I'm very sure, bitcoin will end the world's dark poverty.
That's a big statement, it might happen sometime but i believe possibility of it happening is kind of low
Bitcoin will never end world hunger, main reason being that in the arias of which world hunger is mostly present, are arias that have no electricity and or have a ban on cryptocurrency I.E. China
It can never end the problem on world poverty.It can never be the solution.Thete are diffetent types of countries that have different kinds of problems affecting their poverty level.Bitcoin can be a means of livelihood to those who can afford to buy gadgets but how about the poor ones.
Quote
Can Bitcoin End World Poverty?
Mining is another striking example how bitcoin can fight poverty. To survive, thousands of Venezuelans are mining bitcoin, they have nothing else to do in such poor country, which is in deep economic trouble (the worst hyperinflation since the Weimar Republic).
Can't. Existence bitcoin not known many people in different parts of the world and global poverty is difficult to end. Bitcoin is there to enrich people who are keen see opportunities and financial trends.
Personally I dont think bitcoin can end world poverty.People would always be poor.Bitcoin are are mostly owned by the rich.There is still a gap in knowledge concerning how people understand the concept of cryptocurrency. Thus much education needs to go into that aspect,bitcoin can be compared to the fiat money we all use in our daily transactions.
It may be possible if bitcoin becomes legalized in that country who has a lot of poor people and the transaction fees may be an hindrance for them because if they want to buy coffee for only $2-5 they would have to $0.15 or 0.85 just to make the transaction faster and to buy coffee. They would have to convert their bitcoins first into their fiat currency to be able to buy goods and neccessities and would decrease of price in bitcoin depending on the volume of people converting it. The only work around this problem is first thst coutry needs to legalize bitcoin and second resolved the bitcoin scaling issue.
It will never be possible.
Bitcoin is money.
You have money you're not poor. You can get bitcoin either with money or by working for it so it won't change a thing.
So the government legalize bitcoin. And?
Will you suddenly pen your fridge and is full of food?
Will you get a free car and a 10BTC deposit?
No.
All thinking bitcoin will eradicate poverty should drop their socialism propaganda and find a better forum for it.
Bitcoin won't change a thing.Some people will get rich some will get bankrupt and that's all.
Yes i think it can end the poverty but i am not sure whether it can end the poverty of the entire world as there isn't sufficient bitcoins created to provide supply for the whole world there is only limited number of btc created which is not sufficient for the entire world.I can only say that it can make people rich if they make investment on it or if they try to earn btc and cash them out they can become rich or can improve their financial status if more btc are created in the future it can help the world end its poverty.
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