bitcoin really can help those who want or a person whose on it in cryptocurrency, it also can change someone lifes if your lucky enough, but Ending World Poverty? I would say it is impossible, many Big Fish will counter bitcoin in the future, also not all Person are willing to know about bitcoin. just my opinion.
Bitcoins have made enough progress till now to conquer the international market. It has changed the lives of people. Hundreds and thousands of families have been facilitate through it so why anyone is interested in knowing about ending poverty. It is individual in nature so it really can minimize the poverty rate, but surely can’t end poverty. 
Topic: Can Bitcoin End World Poverty? - page 95. (Read 63043 times)
Bitcoin ending poverty is not very likely. The core of poverty lies not with access to a currency with low transaction costs, but with skewed distribution of wealth. Bitcoin might be able to make some people more wealthy than they were before, but poor people won't have the money to invest in it. Therefore it will more likely create a bigger gap, if anything.
It can change someone's life, but I doubt if it can end world poverty because, world poverty is a world wide issue and it is too big for bitcoin to handle. It's true that bitcoin provided a lot of opportunities to people who know it and who has access to it, however, poverty is a lot more bigger than bitcoin. So, bitcoin cannot end world poverty.
It's really possible that it can change our lives but I really can't see it will end up the poverty of this world. There are that much problem in this world that needs to be solved and even there are solution to those problems still it's not possible for us end those problems. The scope of solving the world poverty is a big thing and I doubt it that bitcoin even someone from the community will distribute his wealth and do charitable activities.
And every country is dealing with this problem and I can't see that the possibility of making bitcoin as the solution to this problem. Not all citizens are good in computers or any internet related things, that's why it's hard to elaborate to the people that are misfortune about bitcoin. They will struggle on understanding it and instead they might just work in a traditional job and not with bitcoin.
I think it is possible for bitcoin but it needs a lot of user and uses issue. Proper steps can help in this case.
In my opinion as well it can never end worlds poverty..this can make someones life wealthy as times goes by..if he has knowledge about bitcoin..as we all know just a few only knows it..and not everyone knows about how to earn btc..especially in our country in which everybody think its a scam..those people who wont take risk to invest and learn will never end its curse of poverty.
It can end poverty if the person not able to change here life and find a job so that they have some money to pay some foods and evrything that they need in everyday life. And thats true its only few people knows about bitcoin but if they want to learn about we want to teach them if they want to learn.
It may or may not be able to do that. The thing is bitcoin is virtual currency and is used by those who know the internet and technology stuff. The poverty relates to people who are under developed or doesn't know much of the lesisure things in the world. There are no other people who will take their bitcoins and will donate to poor people for advancing their lifestyle.
We have the same thought. I think bitcoin can't end the world poverty but it might be lessen. We know that poor people have don't have enough money to get internet or gadgets to access bitcoin because even their daily food is a problem. I think bitcoin can only help to develop the economy of that country because it can lessen the unemployment rate.
Bitcoin will greatly help in the solution to poverty only if everyone works together collectively. Bitcoins will be able to feed people and bitcoins can develop physical jobs from this electronic monetary system. We can all help by start donating to some NGO willing to do all the heavy work for us. Since bitcoin now costs so much, I think it would really contribute to countries drowning in poverty right now.
Can bitcoin end world poverty? I think it’s very difficult to say because the poverty is increasing day by day. This is uncontrollable factor but if we look to the comparison of poverty and purchasing power I think it will improve the purchasing power of the people.
The problem of poverty is very complex and not easy to reduce let alone eliminate, this is the problem of the state and without the role of the state of course with nothing will not be able to overcome poverty. The state system must change which initially centralized into decentralization.
It can change someone's life, but I doubt if it can end world poverty because, world poverty is a world wide issue and it is too big for bitcoin to handle. It's true that bitcoin provided a lot of opportunities to people who know it and who has access to it, however, poverty is a lot more bigger than bitcoin. So, bitcoin cannot end world poverty.
It's really possible that it can change our lives but I really can't see it will end up the poverty of this world. There are that much problem in this world that needs to be solved and even there are solution to those problems still it's not possible for us end those problems. The scope of solving the world poverty is a big thing and I doubt it that bitcoin even someone from the community will distribute his wealth and do charitable activities.
I can not say that bitcoin can end the poverty but its just one of many ways for us to have a chance to get rich.It takes many ways to end this poverty.We need to take serious action about this issue.Not just bitcoin can end the world poverty but its ourself needs discipline and focus on learning things that can help us on how to get rich.Study hard and plan for the future.
It can change someone's life, but I doubt if it can end world poverty because, world poverty is a world wide issue and it is too big for bitcoin to handle. It's true that bitcoin provided a lot of opportunities to people who know it and who has access to it, however, poverty is a lot more bigger than bitcoin. So, bitcoin cannot end world poverty.
It's really possible that it can change our lives but I really can't see it will end up the poverty of this world. There are that much problem in this world that needs to be solved and even there are solution to those problems still it's not possible for us end those problems. The scope of solving the world poverty is a big thing and I doubt it that bitcoin even someone from the community will distribute his wealth and do charitable activities.
For me i think so..
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
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No, because whales with a large number of bitcoins will simply crush the rest, having bought from them and all will remain the people of the top 100, and the rest as they were so will be poor. http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
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Financial literacy is a single aspect you should appear into when it comes to bitcoin and poverty. However, blockchain tech by itself and not bitcoin could be much more applicable in the growth sector. Hopefully we will see much more scholarly content articles on this matter shortly.
This will never gonna happen, poverty the biggest problem in this world. Yes, you can donate money, foods, clothes etc. but it is only for such time, the community needs to grow, a real estate.
Ending poverty is difficult but like every other work this is not impossible to be done. If every rich person get on his/her work to decrease poverty only then it can be done. But this can not be done. So we can say that it can reduce poverty upto 99% but not 100%. It can change someone's life, but I doubt if it can end world poverty because, world poverty is a world wide issue and it is too big for bitcoin to handle. It's true that bitcoin provided a lot of opportunities to people who know it and who has access to it, however, poverty is a lot more bigger than bitcoin. So, bitcoin cannot end world poverty.
It's really possible that it can change our lives but I really can't see it will end up the poverty of this world. There are that much problem in this world that needs to be solved and even there are solution to those problems still it's not possible for us end those problems. The scope of solving the world poverty is a big thing and I doubt it that bitcoin even someone from the community will distribute his wealth and do charitable activities.
For me i think so..
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
READ MORE:
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
READ MORE:
It can change someone's life, but I doubt if it can end world poverty because, world poverty is a world wide issue and it is too big for bitcoin to handle. It's true that bitcoin provided a lot of opportunities to people who know it and who has access to it, however, poverty is a lot more bigger than bitcoin. So, bitcoin cannot end world poverty.
It may or may not be able to do that. The thing is bitcoin is virtual currency and is used by those who know the internet and technology stuff. The poverty relates to people who are under developed or doesn't know much of the lesisure things in the world. There are no other people who will take their bitcoins and will donate to poor people for advancing their lifestyle.
We have the same thought. I think bitcoin can't end the world poverty but it might be lessen. We know that poor people have don't have enough money to get internet or gadgets to access bitcoin because even their daily food is a problem. I think bitcoin can only help to develop the economy of that country because it can lessen the unemployment rate.I believe in BTC and i know it will despite its up and falls, it will surely end poverty one way or the other.
Reducing poverty takes the role of the state, if the state never accept bitcoin then it does not feel useful. it is time the country is aware of the problem of poverty and must find a solution to overcome it and bitcoin can be used as a source of earning all citizens to overcome poverty.
Bitcoin may or may not be able to end poverty . Ending poverty is a very huge thing to do and all the people in this world do not have access to internet and the poor people don't have any idea about whai is bitcoin. Bitcoin has become an investment asset.
The people who are using bitcoins are majorly the people who need to start their startups or are those who already wants to earn some money for themselves. So there is a very little chance that they will help to end poverty. They can only help by spreading awareness amongst more and more people about bitcoins who are in need of some financial stability.
The people who are using bitcoins are majorly the people who need to start their startups or are those who already wants to earn some money for themselves. So there is a very little chance that they will help to end poverty. They can only help by spreading awareness amongst more and more people about bitcoins who are in need of some financial stability.
I believe in BTC and i know it will despite its up and falls, it will surely end poverty one way or the other.
Reducing poverty takes the role of the state, if the state never accept bitcoin then it does not feel useful. it is time the country is aware of the problem of poverty and must find a solution to overcome it and bitcoin can be used as a source of earning all citizens to overcome poverty.Jump to: