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Topic: Can Bitcoin End World Poverty? - page 77. (Read 63023 times)

full member
Activity: 354
Merit: 100
November 03, 2017, 11:53:58 PM

I think it can be the reason of how to end poverty.Because of its high value it can help people to earn a lot. There is no requirements that is needed to be qualify in using bitcoin so it can help unemployed people to have a job. Poverty is about each one, so if you're industrious it may help to end the poverty of yourself.
full member
Activity: 344
Merit: 105
November 03, 2017, 11:43:55 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.

In order to end world poverty we need to educate children, but one things problem, it is not so popular all over the world, many places still do not know about bitcoin, if we wamt to end poverty we need teach other people how to earn bitcoin like in this forum
hero member
Activity: 2072
Merit: 503
November 03, 2017, 11:37:46 PM
Why not simply because bitcoin is a very good way to overcome the poverty that exists in this world and not only that even bitcoin can increase the economic system in a country considerably less developed its economic climate.

I think bitcoin can not guarantee overcoming poverty, we all know that the main factor of poverty is education, it is a big duty of the government to be able to provide a good education so that it can reduce poverty.
I a gree with you. even to use bitcoin, in need of ability in technology. the way to overcome poverty is by education. well, bitcoin is just like gold, you need to try to get it, and it can not overcome poverty.
member
Activity: 392
Merit: 10
November 03, 2017, 11:25:58 PM

bitcoin is not magic, bitcoin can help a better economy by increasing the country's buying and selling transactions, so that in the long term there is a healthy currency turn
full member
Activity: 306
Merit: 102
Just another random pre satoshi crypto freak
November 03, 2017, 11:03:20 PM
Yes, Bitcoin can end world poverty. The fact that the combined wealth of the world is actually more than enough for the world per capita implies that poverty should not exist in the first place, however the challenge of poverty arises from unequal distribution of capital wealth which is the result of varying exchange values of standards of payment being fiat currency. A means of exchange of universal acceptance and value will solve this problem and Bitcoin comes in handy.
sr. member
Activity: 588
Merit: 251
HELENA
November 03, 2017, 08:52:23 PM



Bitcoin can really end wolrd poverty if all the people will already know it and how to earn it,especially on this site you can earn bitcoins that would help your financial needs  but you need to ranked up first in order for you to be abls to get paid,its better to tell all people the importance of bit oin and how it is being used and also how it is being earn,this would help alot of people.

True, this site help us to learn and earn at the same time. Bitcoin can help end the world's poverty buy earning here, and getting some extra job, it will lessen the burdens of anyone that facing financial problems that always result with povert for they lacks the ability to get a job and earn. But with the help of bitcoin, there's a chance to earn but needs more efforts before it can be earn.
sr. member
Activity: 630
Merit: 251
November 03, 2017, 08:45:37 PM
Why not simply because bitcoin is a very good way to overcome the poverty that exists in this world and not only that even bitcoin can increase the economic system in a country considerably less developed its economic climate.

I think bitcoin can not guarantee overcoming poverty, we all know that the main factor of poverty is education, it is a big duty of the government to be able to provide a good education so that it can reduce poverty.
sr. member
Activity: 1792
Merit: 264
November 03, 2017, 08:44:11 PM
In fact, Bitcoin can bring convenience to the right people and know to handle it. if to go to a crucial direction like "Bitcoin end poverty" I think not yet, because poverty is not directly proportional to any currency, many factors are related to this such as education, infrastructure and technology.
hero member
Activity: 1946
Merit: 502
November 03, 2017, 06:30:30 PM
No it cannot, but it can end the poverty of someone who are engage into bitcoin.  Bitcoin is giving oppprtunity to everyone who accept it, earning it,  trading it, and investing to it.  Unlike those  areas where internet is not  yet been discovered in thier place.
member
Activity: 322
Merit: 10
November 03, 2017, 06:21:41 PM



Bitcoin can really end wolrd poverty if all the people will already know it and how to earn it,especially on this site you can earn bitcoins that would help your financial needs  but you need to ranked up first in order for you to be abls to get paid,its better to tell all people the importance of bit oin and how it is being used and also how it is being earn,this would help alot of people.
member
Activity: 103
Merit: 10
November 03, 2017, 06:06:37 PM

Bitcoin is not a magic that could end poverty. Poverty is a big problem that each country is facing. It's true that bitcoin can change someone's life, however, not everyone is previlage enough to know or access bitcoin.
- Exactly, bitcoin is just a virtual currency, it is not so popular all over the world, many places still do not know about bitcoin, if say it reduces unemployment, I would agree, but that's just a very small part, and ending poverty in the world is still an impossible thing. We should think clearly, the governments of countries around the world every year are always looking for ways to reduce poverty and end poverty, a lot of money and effort poured into this problem but until now, this problem has not been resolved even though many years have passed. The whole world still can not change too much, Bitcoin is just a very small part, it also will not bring too much effect
It doesn't only depend on the growth of the economy, the opportunity to have many jobs can working, the world poverty still depend on the ability to work, knowledge of unemployed, the poor ... They need to change their life, nothing can helps them all!
full member
Activity: 203
Merit: 100
Was that was it was?
November 03, 2017, 05:32:27 PM
No, i don't think that Bitcoin can end the world's poverty, Bitcoin only provides opportunity for us to have a better life but if we don't work for it, nothing will happen. Its been almost a decade now since Bitcoin started, if it can really end the the world's poverty it should had happened ages ago.
full member
Activity: 392
Merit: 105
November 03, 2017, 03:38:56 PM
I don't see how bitcoin is helping people in Africa getting food or avoiding wars.

If they can earn bitcoin so it's yes. Exchanging bitcoin back to their fiats and buy foods ? When people are having enough for their needs, noone want to fight to risk your life for it.
full member
Activity: 154
Merit: 100
🌟 MIRA ICO 🌟
November 03, 2017, 02:00:11 PM
No, it pretty much cant. First off you gotta consider not everybody has internet and if you dont even have internet how are you supposed to get and learn about bitcoins? It wont happen but I do think it will make the middle

class a lot more enriched which will be better long term for most individuals in society.
hero member
Activity: 1302
Merit: 503
November 03, 2017, 01:26:48 PM

Bitcoin is not a magic that could end poverty. Poverty is a big problem that each country is facing. It's true that bitcoin can change someone's life, however, not everyone is previlage enough to know or access bitcoin.
- Exactly, bitcoin is just a virtual currency, it is not so popular all over the world, many places still do not know about bitcoin, if say it reduces unemployment, I would agree, but that's just a very small part, and ending poverty in the world is still an impossible thing. We should think clearly, the governments of countries around the world every year are always looking for ways to reduce poverty and end poverty, a lot of money and effort poured into this problem but until now, this problem has not been resolved even though many years have passed. The whole world still can not change too much, Bitcoin is just a very small part, it also will not bring too much effect
sr. member
Activity: 463
Merit: 250
November 03, 2017, 01:08:17 PM
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.



Not only that bitcoin is not socialist, bitcoin is capitalist to the core, it is private property taken to the extreme, no one no matter how powerful can take bitcoin away from you under any circumstances, no one can tax you if you do not want, no one can force you pay for anything you do not want, bitcoin goes against all the ideas of communist and socialist and that is why I support it.
As your said, you are against the government and you do not want to receive any support from your gorvernment, is right? However, you can not negate you are living in a country governed by the government, there is no way for you escape the management of the government!
bs9
full member
Activity: 154
Merit: 100
November 02, 2017, 04:17:45 PM
Bitcoin just like crptopia currency coin not magic coin.But any one try to and bitcoin and used it properly i hope end proverty soon.THeremany people in this form who have ended their proverty
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
November 02, 2017, 04:13:04 PM

Of course. For me it is a big yes because we all kn ow that bitcoin today is quite a big deal to many poeple based on its value today that quite very high. So that many people that working hard able to earn and to support their financial problems. As well as the other person who wish to become a rich people. So I think poverty may somehow reduced.
hero member
Activity: 2702
Merit: 704
Bitcoin is GOD
November 02, 2017, 04:07:04 PM
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.



Not only that bitcoin is not socialist, bitcoin is capitalist to the core, it is private property taken to the extreme, no one no matter how powerful can take bitcoin away from you under any circumstances, no one can tax you if you do not want, no one can force you pay for anything you do not want, bitcoin goes against all the ideas of communist and socialist and that is why I support it.
member
Activity: 84
Merit: 10
November 02, 2017, 03:52:34 PM
for me i think bitcoin is the answer because many people dont have a good and long lasting job
Bitcoin is the answer especially to those unemployed people, bitcoin can provide they need.
Let's say bitcoin provides jobs for many people. bitcoin provides extra income for many people and it's true that bitcoin changes a person's finances for better but that person is not from the lower class or poor people because now the internet is a luxury thing for poor poeple and they can not use internet, let alone know bitcoin.
bitcoin will not be able to stop poverty because the problem is more complicated not only about unemployment
No definitely not.Though it can reduce unemployment but not poverty.It needs internet accessibility which is not possible for everyone.Many people still do not know how to read and write.They do not know what is internet and what are cryptocurrencies.They only depend on fiat currency.Bitcoin provides money only to those who know how to use it.People who are literate only can write on different topics which is required in a signature campaign.
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