Can Bitcoin End World Poverty? - page 82.

CowboyKiller

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Quote from: Kelvinid on October 25, 2017, 06:50:08 PM

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Quote from: veronikka on October 24, 2017, 04:44:51 AM

i think thats not possible. some of other countries didnt know and did not realize what is the value and importance of bitcoin. i hope this site will continue its propagation in other countries.

Well for me it is really possible, In fact because of bitcoin a lot of people are now rich sometimes you just need to explore the world for you to succeed bitcoin will not tell you to use it, you should find ways and discover the great opportunity that waits for you with bitcoin. People suffer poverty because of lack of education, people should know how value this thing.

Right.I also agree with you.Bitcoin could be a biggest asset in making the world poverty end.But we should not let bitcoin alone to solve world poverty because its in the people already to continue on learning so we can cope up with the new technologies that the world bring.And bitcoin is one of the technologies that could really help us in minimizing world poverty.

The World Poverty is the issue of the human. Bitcoin is just a technology and a tool to help us transfer money, but in recent years, it became an investment place. Important, Bitcoin can not use by the poor, they have not money, any knowledge, so how do they have chance using Bitcoin?

zhea

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For me i think so but there are so many factors to consider, first educate people about bitcoin and the question if they have gadgets or computers at home for they are going to use to join bitcoin.

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Quote from: decoder88 on October 26, 2017, 12:42:56 AM

Quote from: links on June 28, 2017, 07:46:43 AM

For me i think so..

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

READ MORE:

Of course because definitely bitcoin can affect a countries economic so that it will have a impact on the issue of economic. And of course as we can see the major help bitcoin give to many people is by having income or earnings eventhough they doesn't have any jobs. And bitcoin teach some of us to manage our money or income.

Forbes might have come up with plans of eradicating poverty using bitcoin as an means of source. Bitcoin could help in the growth of the country's economy. This cannot do anything with the poverty level or the people who are under this category. One needs to be educated to use bitcoin and earn, which is not possible with the authorities. So everyone can't earn and bitcoin doesn't suit to be a solution for poverty.

Nambuwan

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Quote from: avikz on June 28, 2017, 08:07:01 AM

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 agree with you. Poverty is a world problem that should be and can be fixed but it will take a lot of time and a lot of people. But if you will just rely on bitcoin itself then it will be hard.

decoder88

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Quote from: links on June 28, 2017, 07:46:43 AM

For me i think so..

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

READ MORE:

Of course because definitely bitcoin can affect a countries economic so that it will have a impact on the issue of economic. And of course as we can see the major help bitcoin give to many people is by having income or earnings eventhough they doesn't have any jobs. And bitcoin teach some of us to manage our money or income.

Ashong Salonga

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Quote from: links on June 28, 2017, 07:46:43 AM

For me i think so..

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

READ MORE:

It has a big possibility in a way that bitcoin can give income to those people whoa re unemplyed and can help them to earn in a matyer of time so that even if they have emergency problems of financial issues money won't be a issue to them because of the savings they will somehow made.

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Quote from: links on June 28, 2017, 07:46:43 AM

For me i think so..

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

READ MORE:

I think yes. If people would learn how to make things very easy. If they always look on the bright side and always thibk how they will earn and start to seek some knowledge in bitcoin for them to have a better income. Bitcoin can help them ro earn and to have some support in order to avoid their financial problems.

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Quote from: links on June 28, 2017, 07:46:43 AM

For me i think so..

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

READ MORE:

Bitcoin is known to be a very effective way to escape poverty. This just simply tells us that if bitcoin will be acclaimed as the world currencu, the chances that it would end poverty would blow up. Not everybody knows about bitcoin yet but if you will give everybody the chance to know it, then for sure it will end world poverty but it would just take a while.

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Quote from: links on June 28, 2017, 07:46:43 AM

For me i think so..

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

READ MORE:

For me, bitcoin is just a cryptocurrency and the solution of poverty would still depend on the decision every individual is making. We all know that bitcoin is something that you should be working on before it can give you good outcomes. If ever not all the people in the world has an idea with bitcoin, then the chances that they will use it as an instrument to escape poverty will go down low and may not be fulfilled.

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Quote from: links on June 28, 2017, 07:46:43 AM

For me i think so..

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

READ MORE:

For some reasons, I think yes. Because bitcoin has been making a big noise nowadays wherein a lot of people are already aware of it. As thistl thing continues, the assurance that everyone in the world will have their poverty ended will increase more and more. But since bitcoin is not yet agitated well among all the areas in the world, I'm pretty sure it will still take a long time before that happens.

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Quote from: links on June 28, 2017, 07:46:43 AM

For me i think so..

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

READ MORE:

Most of the people here entered bitcoin because they want to earn. So far, there are just a few country that are prioritizing bitcoin which somehow led as a solution for the most of the people within the region end their never ending poverty. If you are going to look up with the vision, you should know already that it won't be that easy because bitcoin is not yet known by everyone in then world.

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Quote from: links on June 28, 2017, 07:46:43 AM

For me i think so..

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

READ MORE:

Bitcoin has been proving itself for a long time as something that can help you escape the wilderness of poverty. Might as well, you should still consider the fact that it is not yet legalized in different part of the world which means the possibility that it would end everyone's poverty is still on its due process. If and only if bitcoin will be legalized worldwide, then the chances that it will solve poverty will come at hand for sure.

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Quote from: BrewMaster on June 28, 2017, 09:05:55 AM

bitcoin is just money, and like any other moneyz it can not do magical things on its ow. people can use it as a tool to make more moneyz an make themselves richer by increasing their net worth but to expect bitcoin to end world's poverty is just absurd in my opinion!

Maybe it can, povert it lack of basic needs, especially food and clothings, you can get those 2 basic needs by the use of money, now if bitcoin can give you money and provides those 2 basic needa , then maybe it can solve world poverty, unless if every bitcoin holder choose to be greedy and not to share it to others then it will be a problem.

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Quote from: links on June 28, 2017, 07:46:43 AM

For me i think so..

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

READ MORE:

I think that bitcoin can end poverty because of its high value. Also, bitcoin can give a job fir the people who are jobless. Many benefits that can get in bitcoin so that is why it can end poverty.

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Quote from: Rana590 on October 25, 2017, 08:30:55 PM

Quote from: Shanngano on October 25, 2017, 07:19:20 PM

I think yes if all people in the world will know about the bitcoin and understand i think it will end the poverty...

Yeah but you know there are many people all over the world who don't know what is bitcoin. Knowing them in this sector is very difficult because many of them are illiterate. For this reason it is a great problem remove poverty only by bitcoin.

Even if the people will know that bitcoin is existing and a good opportunity to make money. It will still not remove or solve the worlds poverty because the poverty of the world is hard to be solved and we all know that to remove the poverty in this world. We need to improve the life from poor to the poorest level of person and those poorest are not educated so they will not understand bitcoin and that is why bitcoin cannot end world poverty.

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Quote from: Shanngano on October 25, 2017, 07:19:20 PM

I think yes if all people in the world will know about the bitcoin and understand i think it will end the poverty...

Yeah but you know there are many people all over the world who don't know what is bitcoin. Knowing them in this sector is very difficult because many of them are illiterate. For this reason it is a great problem remove poverty only by bitcoin.

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Quote from: avikz on June 28, 2017, 08:07:01 AM

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 totally agree with this, bitcoin is not a magical sword that cut the poverty, it's a way too much expectancy. Because bitcoin is just like an another currency. Fiat money like bitcoins is also will be distributed among society, rich have so much of it. And poor will deprived of it. So I don't think that bitcoin has this much potential that it will remove property. Infact according to me bitcoin will increase poverty as many people belling to poverty line will not be able to under it and this will result in, that they will lag behind.

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Quote from: avikz on June 28, 2017, 08:07:01 AM

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 think so. But it will always take time because bitcoin is more dominant for those who can afford to have internet connection and computer literate. However, if those who earned bitcoin will also extend there help to the poor then that would end poverty. We just have to be generous and vulnerable to our fellows. If we have the capacity to change poverty then we must do our share.

Shanngano

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I think yes if all people in the world will know about the bitcoin and understand i think it will end the poverty...

eloymjb

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in my own opinion, no one can end world poverty even bitcoin or anything else. even though all of the people uses bitcoin it could not be the best solution to end world poverty. bitcoin can lessen world poverty but still can't end world poverty.

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