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Topic: Can Bitcoin End World Poverty? - page 92. (Read 63043 times)

full member
Activity: 322
Merit: 100
October 10, 2017, 07:52:27 AM
If talking about economy and poverty, bitcoin is not a factor that can eradicate bitcoin poverty is just one way to go. Rich or not a person is dependent of the person's own efforts, semaking he worked hard and not despair, the greater he was to get the results he expected.
hero member
Activity: 1022
Merit: 511
October 10, 2017, 07:38:48 AM
Can bitcoin return the dragons, unicorns and magic? It is extremely hard to stop poverty, each and every day the abundant are richer and this will not alter everything.
A good example for making others understand about the fact. Seriously can you think we can bring back all those dinosaurs and dragons and many other things like it? Absolutely no, so why people can think about ending poverty? These both facts are alike. Nothing can make the world poverty-free, but yes we can say bitcoin can help to reduce the number of poor.
sr. member
Activity: 994
Merit: 252
October 10, 2017, 06:31:48 AM
I think yes,  people who able to be a successful person because of bitcoin, so in that way we can avoid poverty, if its happened in one person it is also happen to all of us. Bitcoin can end world poverty.
Let's just see the main cause of world poverty. It is education why there is no education in some part of the world? Because of government and politicians, the secret society which i trying to control the world. If everyone has internet connection, knowledge of cyptocoins and technology only then bitcoin and other digital assets can erase poverty but is this really possible for everyone even in the future? Obviously no.
member
Activity: 868
Merit: 63
October 10, 2017, 04:33:06 AM
For me that is impossible because the bitcoin is just a currency it is depends on the people on how they will use it in their daily lives.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
October 10, 2017, 04:24:53 AM
I think yes,  people who able to be a successful person because of bitcoin, so in that way we can avoid poverty, if its happened in one person it is also happen to all of us. Bitcoin can end world poverty.
There is no doubt in this fact that bitcoin has improved the financial status of many people. Those who were living a life of poverty are now having a life where they are not supposed to beg anyone for meeting their financial needs. Bitcoin has the potential of making anyone rich whosoever is holding them for a long time. Bitcoin is no more just currency, it is a blessing for the poor.
sr. member
Activity: 1236
Merit: 252
October 10, 2017, 03:10:54 AM
I think yes,  people who able to be a successful person because of bitcoin, so in that way we can avoid poverty, if its happened in one person it is also happen to all of us. Bitcoin can end world poverty.
Yes I am agree with you bitcoin can play a very big role to end world poverty specially in third world countries because I know in third world countries there a lack of clean drinking water and education ratio is also not so good and the bad thing is there is no jobs available easily but the good thing is bitcoin has a high price their if they convert bitcoin in their local currency it can change their life.
hero member
Activity: 1610
Merit: 507
October 10, 2017, 12:51:24 AM
i am sure that bitcoin can end world poverty if government giving a chance to the people to use internet connection by freely and they don't banning bitcoin itself. without helping from the government, people is difficult to reach what they want. i think soon if many country take a part into crypto currency then people can used bitcoin to solve the financial problem.
full member
Activity: 266
Merit: 100
October 09, 2017, 11:48:32 PM
I don't think that Bitcoin can end World poverty. We can't get it for free. Nobody will give it  for free.
Yes, this bitcoin in not free, you must need the skills like the successful person has, you need patience, diligence, intelligence and also hard work to become successful. This is not for the lazy person, you need hardwork for this.
member
Activity: 115
Merit: 100
October 09, 2017, 10:47:43 PM
I don't think that Bitcoin can end World poverty. We can't get it for free. Nobody will give it  for free.
sr. member
Activity: 1190
Merit: 253
October 09, 2017, 10:44:01 PM
Definitely no.

Bitcoin is indeed one of the most effective way as an scapegoat from poverty. It can make you rich as long as you are willing to exert all your effort and time with it. Another thing is that bitcoin is not yet widely and deeply known all over the world which means not everyone will be able to surpass all the challenges. It would surely take a very long time before this thing would occur because of the innovatons happening within bitcoin itself.

I agree since there are lots of income opportunity that can be found in Bitcoin economy.  One of which is trading, where if you can master it, you will be rich in no time but not all have access to bitcoin. And no matter how good is the offer if people cannot access and reach that offer then it will do nothing to help this people in poverty to elevate their standard of living.
full member
Activity: 209
Merit: 100
October 09, 2017, 10:10:07 PM
Bitcoin is indeed one of the most effective way as an scapegoat from poverty. It can make you rich as long as you are willing to exert all your effort and time with it. Another thing is that bitcoin is not yet widely and deeply known all over the world which means not everyone will be able to surpass all the challenges. It would surely take a very long time before this thing would occur because of the innovatons happening within bitcoin itself.
Pab
legendary
Activity: 1862
Merit: 1012
October 09, 2017, 08:01:16 PM
Sure poor can buy bitcoin now at price 5000$ and experience price drop to 3300$
Bitcoin can  does eveyting,but i dont know how
Maybe pray to bitcoin is good way,faith can move mountagnes
member
Activity: 84
Merit: 10
October 09, 2017, 07:54:40 PM
Bitcoin helps alot of people by providing them income but I don't think bitcoin can end world poverty because poor people can't buy gadgets use to do bitcoin, we can end poverty by good governance and it should start with outselves, we should work hard for us to reach our goal.
member
Activity: 66
Merit: 10
October 09, 2017, 07:54:17 PM
I are unsuccessful to comprehend how Bitcoin can supply an employment chance for the men and women who are not connected to engineering and consequently can't properly realize Bitcoin. They would not be in a position to be a part of any marketing campaign right here on Bitcointalk. Moreover, if prople are in poverty then how will they have access to laptop and Web. Bitcoin would do nothing for the individuals with non complex history specially for poverty stricken folks who are not even literate sufficient.
sr. member
Activity: 532
Merit: 284
October 09, 2017, 07:48:49 PM
Bitcoin can be possibly end world's poverty. That could be a yes or no depending on how people nowadays in responding to the use of bitcoin. Bitcoin is a good asset to invest and anyone can be on it. But it will take more time for it to happened though.
No matter how people take effort in utilizing Bitcoin it will not end world's poverty, because it is just a mere currency. To think of it as a mature person, poverty is not caused only by money, it deals greatly in social, politics and even religion could affect it, not just money. We always to economic status when it comes poverty, but the truth is yet to uncover. So basically no matter how Bitcoin evolves, it will not change the way poverty is, because it is not dependent in money, again, it is affected by so many aspects.
full member
Activity: 1470
Merit: 148
October 09, 2017, 07:17:44 PM
I don't think bitcoin can end poverty in the world because, bitcoin is not something that one will earn free of charge but you must work for it before you can earn it.
sr. member
Activity: 616
Merit: 251
October 09, 2017, 06:19:57 PM
Bitcoin can be possibly end world's poverty. That could be a yes or no depending on how people nowadays in responding to the use of bitcoin. Bitcoin is a good asset to invest and anyone can be on it. But it will take more time for it to happened though.

I do agree with you that bitcoin can end poverty if high earners could share some of their income to poor people. It is a good asset to invest if you have lots of funds but how about those who have nothing to invest? those who have no internet? those who have no computer or android phone? in the end of the day only those who have capabilities can gain profit on bitcoin thus it does not end poverty I guess...
full member
Activity: 392
Merit: 100
ADABsSsSsSsSSSsS
October 09, 2017, 12:48:55 PM
Poverty is a large issue of the culture it signifies obtaining folks in your place who does not have the capability to support their standard demands folks who are not fiscally stable..bitcoin is just a currency the only difference is that is a crypto but as opposed to other currencies it evolve by demand and source I will not believe it can support fix poverty specifically being aware of the fact that it can only be utilised making use of internet which not absolutely everyone has the chance and expertise to use

Since poverty is a large issue then in my own opinion that bitcoin cant even solve it because people as of now aim to get rich and they do not really think about helping others but maybe someday if they are overwhelming of  money then they might spend a few of it for poor people.
newbie
Activity: 24
Merit: 0
October 09, 2017, 11:55:14 AM
Poverty is a large issue of the culture it signifies obtaining folks in your place who does not have the capability to support their standard demands folks who are not fiscally stable..bitcoin is just a currency the only difference is that is a crypto but as opposed to other currencies it evolve by demand and source I will not believe it can support fix poverty specifically being aware of the fact that it can only be utilised making use of internet which not absolutely everyone has the chance and expertise to use
sr. member
Activity: 392
Merit: 250
the Cat-a-clysm.
October 09, 2017, 11:53:49 AM
it's not just Bitcoin, it's the whole crypto-currency concept that will end poverty. It's an efficient and secure way to carry, exchange, sell and buy the very building block of our society: information. With information, we store value, we compute pretty much anything, we store data. We share it, too.
I met Dhinis Guarda, the COE of Humaniq, who created a banking cryptocurrency for Asia and Africa. You just need facial recognition to open an account, versus the conventional ID paper and residency papers. He was my computer science teacher, at London, and we had a conversation about Tech's future. He told me that the blockchain technology could very well bring the banking system to theses under-developed countries. By doing that, it will inevitably bring value. Bitcoin is very popular in India, too, you might be forgetting that as well. ^^

It will not end poverty by itself, but it's rather the blockchain benefits that will make it disappear by itself. Smiley
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