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Topic: Can Bitcoin End World Poverty? - page 84. (Read 63023 times)

hero member
Activity: 826
Merit: 502
October 24, 2017, 02:04:03 PM
I believe that world poverty can never be solved. People are always going to be lazy. People would always want the easy way. People would always be out there relaxing and doing what they love. If given the chance, people are going to just chill and never go to work at all. I mean, who wants to work in the office 40 hours a week for decades?

Even if we try to solve world poverty by distributing wealth to each and everyone in the world, some will be spending recklessly and end up being broke in just one day. Momentarily, world poverty was solved but it's not going to last soon. Not everyone is business minded, not everyone knows how to manage money, and not everyone has the capacity to save money especially if the money was just handed over instead of worked for.
sr. member
Activity: 742
Merit: 251
October 24, 2017, 12:57:32 PM
Bitcoin can't end the poverty in this world, its because some other people didn't even known what is bitcoin at first place. poverty is a part of our world government problem. So it can't  end it.
Yeah a lot of the countries are suffering from the poverty and he bitcoin will be the best source of the bitcoin. I am having the bitcoin and the bitcoin will be the best source of the bitcoin. The bitcoin is getting the chance and the huge source for the people who want to invest in the bitcoin, the value and the income of the bitcoin will give you the chance to increase the value of the money.
sr. member
Activity: 1666
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Vave.com - Crypto Casino
October 24, 2017, 05:49:02 AM
Poverty is something beyond the innovation, here the growth in technology can serve as an way to make the management function effectively. In my personal thinking until the government facilitate actions, poverty cannot be eradicated from the society.
member
Activity: 75
Merit: 10
October 24, 2017, 05:44:51 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.
hero member
Activity: 1036
Merit: 500
October 24, 2017, 04:45:58 AM
No, bitcoin can not put an stop to entire world poverty. Someone will have bitcoin a lot more, and some will have less. It truly is just a forex you need to receive and its quantity will be an indicator of a person's economic amount.
With the introduction of bitcoin and other crypto currencies, things have changes a lot. Bitcoin has provided a good way of earning to so many of us and there are so people who are now earning a very good amount of money just because of bitcoin. Even then, it is not possible for bitcoin to end the world poverty all alone. It can play a vital role and is playing a vital role in making the economy better.
sr. member
Activity: 1484
Merit: 253
October 23, 2017, 06:22:41 PM

Bitcoin is not a magic that can end world poverty, of course it can change someone financial status, however, world poverty is too big for bitcoin. It's hard for everyone to be equally rich, our society doesn't work like that. If everyone is rich there's no point on doing business, everyone won't be working.
I agree on that. People didn't choose to live in poverty and we can't change the fact that being born as poor will continue being poor. Maybe bitcoin is the gate way to become a better person and to live the life to what others dream of. It may not happen that fast but it can help step by step of your dreams to end up poverty by yourself. Use bitcoin as an intrument to help and by the use of your skill in terms of business. Always be open minded to achieve that to end world poverty on your own.
hero member
Activity: 2954
Merit: 683
October 23, 2017, 06:22:09 PM

Bitcoin is not a magic that can end world poverty, of course it can change someone financial status, however, world poverty is too big for bitcoin. It's hard for everyone to be equally rich, our society doesn't work like that. If everyone is rich there's no point on doing business, everyone won't be working.
You are actually right on which bitcoin cant really resolve world poverty even if you do combine all local fiat currencies it cant really solve out.Poverty is really a big global problem which theres no equality on each status of living of a certain people.There would always be a rich and a poor person.Knowing funds doesn't really being distributed equally and I cant see that bitcoin would really resolve that thing.
sr. member
Activity: 700
Merit: 277
October 23, 2017, 06:20:38 PM
The main source of poverty is education, never be able to reduce poverty if the government ignores education, although bitcoin is legalized but because many do not understand education it will be difficult to reduce poverty.
sr. member
Activity: 1372
Merit: 261
October 23, 2017, 05:50:38 PM

Bitcoin is not a magic that can end world poverty, of course it can change someone financial status, however, world poverty is too big for bitcoin. It's hard for everyone to be equally rich, our society doesn't work like that. If everyone is rich there's no point on doing business, everyone won't be working.
member
Activity: 84
Merit: 10
October 23, 2017, 05:43:01 PM
Highly doubt it. If anything, I think it will skew the line of poverty even more -- the rich will be richer, the poor will stay just as poor. : (

The only exception may be the few who decided to take the risk in investing in Bitcoin in the first place.
member
Activity: 243
Merit: 10
October 23, 2017, 06:44:52 AM
Bitcoin can't end the poverty in this world, its because some other people didn't even known what is bitcoin at first place. poverty is a part of our world government problem. So it can't  end it.
member
Activity: 136
Merit: 10
October 23, 2017, 04:00:47 AM
Bitcoin can end world poverty but it is will be difficult because all people are not educated. every people  should have educated and they should have knowledge about Bitcoin.illiterate people can not remove poverty.fist of all everybody should have educated and It's not also easy that the whole world will embrace bitcoin because not all of us is the same way of thinking so every country should allow Bitcoin otherwise not possible to remove world poverty.
full member
Activity: 714
Merit: 114
October 23, 2017, 03:42:05 AM
I think it is impossible and that situation is valid for the other currencies also. Are the paper moneys ending the world poverty? Expecting world poverty's ending from a coin is stupidity. Poverty is a big dynamics of the world's balance and I think its disappearence is impossible.

yeah agree, bitcoin can help most people who are unemployed to earn something online but that doesnt mean that it can end the poverty in the world because that is designed naturally by god and theres always a poor and rich in order to have a balance ecosystem. but  i believe also that one person can change his life or make his/her life better with help of bitcoin and cyrptocurrency as long as he/she has a dedication and hardwork plus a positive atitude.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
October 23, 2017, 03:34:35 AM
Bitcoin can end worlds poverty but it takes time and need  support of government of different countries. It needs mass awareness and support of people. Bitcoin makes people self independent and gobes them a medium of earning money. Many parents can't sends their children to school,  they don't have money to earnings two times in a day. Many students are educated but due to lack of job they are suffering in their life. Bitcoin help them. In many countries bitcoin works with  government  and help to pull out many people from poverty line. And become an economic saviour
agree, but the main reason why there are still so many governments in the world disagreeing with Bitcoin is because they fear Bitcoin will be used for corruption,
and they do not want the currency that their country creates will simply disappear because of Bitcoin ..
sr. member
Activity: 704
Merit: 270
October 23, 2017, 02:57:59 AM
Bitcoin can end worlds poverty but it takes time and need  support of government of different countries. It needs mass awareness and support of people. Bitcoin makes people self independent and gobes them a medium of earning money. Many parents can't sends their children to school,  they don't have money to earnings two times in a day. Many students are educated but due to lack of job they are suffering in their life. Bitcoin help them. In many countries bitcoin works with  government  and help to pull out many people from poverty line. And become an economic saviour
newbie
Activity: 20
Merit: 0
October 23, 2017, 01:33:32 AM
No, bitcoin can not put an stop to entire world poverty. Someone will have bitcoin a lot more, and some will have less. It truly is just a forex you need to receive and its quantity will be an indicator of a person's economic amount.
full member
Activity: 336
Merit: 100
October 22, 2017, 02:01:14 PM
Can. If it becomes an absolute currency around the world. And now the question is: can bitcoin become an absolute currency around the world? The answer is can not. Therefore, it is impossible to completely end world poverty) Maybe on the scale of individual people, societies or even countries, but with the world ...
member
Activity: 308
Merit: 14
October 22, 2017, 12:32:05 PM
For me is capita 'No' let look  at it this way, how many peoples know about bit coin? And those percent that know, how many of them are engaged in it? To some  certain  level bit coin  can only reduce  poverty level in the world.
member
Activity: 434
Merit: 10
October 22, 2017, 10:32:39 AM
We all know that poverty is a very serious problem until now. Some people still cannot provide their children to send to school due to their difficulties in life. So many people today are illiterate, they are lack of knowledge especially when it comes to our new technology. Like in the poor countries, they dont even have an electricity. In this case, it is impossible to eradicate the poverty through bitcoin. It can lessen, yes. It gives the opportunity for those who are blessed to have the knowledge of bitcoin. "And we are blessed."
member
Activity: 245
Merit: 11
Staker.network - POS Smart Contract ETH Token
October 22, 2017, 09:35:25 AM
Well, I will easily say No because in general bitcoin is more about money and it is not a formula that needed to end the world wide problem called "poverty" .In my opinion poverty will never disappeared in our society in short it is a part of our world wide problems due to the poorness of many individuals, but cases of poverty can be reduced by helping people to learned how to get out on terrible problems on poverty , raising funds such as feeding programs for poor people may help to stand against poverty, there are many more ideas left to reduced poverty cases, all we need to do is to learn it.  
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