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Topic: Can Bitcoin End World Poverty? - page 8. (Read 63042 times)

newbie
Activity: 196
Merit: 0
March 21, 2018, 10:25:57 AM
I hoped that, think it will not entirely end poverty.bitcoin is just money.people can use it, as a tool to make more money.so i think only some of us who understand the tramp of crypto that can maximize this..
hero member
Activity: 1316
Merit: 502
March 21, 2018, 09:30:00 AM
For me, I don't think so, because poverty is one of the biggest problem in the whole world. So, even though there's a lot of person who works in Bitcoin they can't solve this kind of problem.
Yeah, the whole world is still very headache and face many difficulties in solving this problem, they tried very hard every year, but this issue has never disappeared, down a little was a great success, we can see the seriousness of this issue. Until now, bitcoin is still just an investment, an online asset, and its popularity is at a certain level, its presence in the world of poverty is without any influence because the poor need to work hard every day to maintain their lives, they will not have time to sit and face a computer, even they do not have money to buy a computer, Bitcoin will not be able to do anything for them
sr. member
Activity: 658
Merit: 250
March 21, 2018, 08:57:50 AM
I may look at this from two different perspectives. If it were to be individual that is serious minded about his deals in Bitcoin and he who knows his ways, poverty in his life might be rigorously reduced to the barest minimum if not totally eluded. But to an economy at large, it is going to be difficult to achieve since it is Deregulated and so many indigents/residents are either ignorant or dilluminates of its whole process and potentialities to be tapped.
copper member
Activity: 47
Merit: 2
March 21, 2018, 08:51:52 AM
simply answer is : never
member
Activity: 122
Merit: 12
March 21, 2018, 08:42:35 AM
No one can remove or end poverty of each country even the elevated with rank in each country that have all access to all they are also dont do to remove poverty to their country so there are no ways to remove poberty but we can help them due to give them a jobs to improve their life.
sr. member
Activity: 812
Merit: 260
March 21, 2018, 08:34:11 AM
I'm not sure that can happen, maybe if it says to reduce poverty I believe bitcoin can, poverty is not a small problem that can be eliminated instantly, this poverty becomes a tough challenge by all countries, and it is difficult to disappear.
Well, I do not think like you think. BItcoin needs computer and smartphone. It is hard for poor people to have enough gadgets to access the bitcoin community as well as the blockchain. So, this is only for educated people
Yes be positive because for sure if we are all involve here, 80% of the investors/users here will finally become rich, making you rich here depends on your capacity and ability on taking risk, but if you don't have any guts or afraid of taking risk then nothing will really happen to you.
jr. member
Activity: 196
Merit: 2
March 21, 2018, 08:30:25 AM



Bitcoin, it is not a whole solution to end world poverty, because bitcoin is not solution although it can reduce poverty rather to end poverty.
newbie
Activity: 25
Merit: 0
March 21, 2018, 08:20:22 AM
Yes if government will handle it properly
sr. member
Activity: 619
Merit: 250
March 20, 2018, 05:48:00 PM
I'm not sure that can happen, maybe if it says to reduce poverty I believe bitcoin can, poverty is not a small problem that can be eliminated instantly, this poverty becomes a tough challenge by all countries, and it is difficult to disappear.
Well, I do not think like you think. BItcoin needs computer and smartphone. It is hard for poor people to have enough gadgets to access the bitcoin community as well as the blockchain. So, this is only for educated people
newbie
Activity: 210
Merit: 0
March 20, 2018, 04:39:15 PM
bitcoin is not the answer of poverty which will help end world poverty,simply doesn't have the power to end such a massive thing....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 and povide my dream came true...
full member
Activity: 546
Merit: 100
March 20, 2018, 04:36:16 PM
World poverty can't end just because of new currency. Resourses of our planet is slowly dying and this cousing world poverty. We should start thinking about it.
Yes, it can't totally end world poverty because not all people in every society knows and used bitcoin and worst is they have not given opportunity to engage bitcoin like those people that are not aware for online activity but inspite of that still bitcoin helps million of people around the world to have an opportunity to be rich and become financially free.
newbie
Activity: 54
Merit: 0
March 20, 2018, 04:26:39 PM
poverty is a major problem for all countries, and it also can not be overcome, so I think with a bite of whether to end poverty, the answer is not that easy, bitcoin will only reduce poverty.
sr. member
Activity: 434
Merit: 251
March 20, 2018, 04:11:24 PM
World poverty can't end just because of new currency. Resourses of our planet is slowly dying and this cousing world poverty. We should start thinking about it.
full member
Activity: 364
Merit: 100
March 20, 2018, 03:34:00 PM

Absolutely yes, the reason why japan is legalizing cryptocurrency in their country is that they want to help other people by earning a huge amount of capital through investing on bitcoins, i believe that they are using a mining hardware as well to earn more and that is a good news that there is a country who is using cryptocurrency for their own good.
member
Activity: 308
Merit: 10
March 20, 2018, 02:59:44 PM
 bitcoin cannot end world poverty. Life itself is not perfect. cause Rich will use it to invest more, and the poor will have a very low financial position.
newbie
Activity: 31
Merit: 0
March 20, 2018, 02:49:57 PM
I'm not sure that can happen, maybe if it says to reduce poverty I believe bitcoin can, poverty is not a small problem that can be eliminated instantly, this poverty becomes a tough challenge by all countries, and it is difficult to disappear.
member
Activity: 333
Merit: 10
Lifestyle & Wellness Platform
March 20, 2018, 02:27:48 PM
It is impossible to put an end to world poverty, and there are still countries in the world that are having a hard time in the economy, in which the world's population is increasing, and unemployment is increasing, But now it is impossible to end poverty because there are so many poor people.
newbie
Activity: 68
Merit: 0
March 20, 2018, 02:25:04 PM
Bitcoin can end world poverty social problem.

the existence of cryptocurrencies makes it possible to give every citizen in the world a stack of gold.
full member
Activity: 244
Merit: 101
March 20, 2018, 02:19:24 PM
Well it is true that bitcoin is the greatest weapon that we have now to lessen the effects of poverty but still, it is not yet enough to say that it can END poverty. Bitcoin should be helpful for everyone in the next few years, the adoptation should be higher then, but still, there will be people all around the world who will suffer from poverty. They just developed a payment system that could help lessen poverty, yet could not end it.
full member
Activity: 658
Merit: 101
March 20, 2018, 01:05:56 PM
Its impossible. The reasons is there is always some pary that win and sime are lose. Its how our world works some gain and able to reach their dream and some are failing even though they already give all they have and yet they are fail on something. I dont think bitcoin able to end poverty, even bitcoin are successfull and accepted by everyone in this planet. There is no way to end poverty and even we are human that are trying to make world a better place for living, there will be always someone who are on disadvantages and poor.
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