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Topic: Can Bitcoin End World Poverty? - page 99. (Read 63043 times)

hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
September 27, 2017, 05:35:59 AM
I think it would be able to end world poverty in some ways if and only if everyone are going to know it and use it as an instrument to escape poverty. There are a lot of things that should be dealt with if we really want bitcoin to help solve poverty globally. Each nation should work on the legalization of bitcoin on their place so that everyone will have the chance to know bitcoin. By this way also, we are helping every individual shape the world.
It can not end world poverty, think about those really poor countries like Africa do you think bitcoin is the solution? No, it is not. Do all part of this world have gadgets and internet? No, they do not have it. Like what I said before they would rather buy foods to live than to buy those things.
Thats right poverty in the world is very complicated you know ? many poor people in the world not only do not have jobs. but there are many other problems such as lack of knowledge, resources, and so on. so although bitcoin is present and offers great advantages. it will be useless because the technology can not be implemented in various communities in the world.
Great point. I agree to that the only problem with the world's poverty is, it is complicated and even though we have a lot of choices for the people to end their own poverty but the problem is how are they going to use those opportunities if they lack on knowledge which is the very first important thing because that will serve as a connection for both bridge to completely connect each other and go to the other side.
legendary
Activity: 1372
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September 27, 2017, 05:30:01 AM
I think it would be able to end world poverty in some ways if and only if everyone are going to know it and use it as an instrument to escape poverty. There are a lot of things that should be dealt with if we really want bitcoin to help solve poverty globally. Each nation should work on the legalization of bitcoin on their place so that everyone will have the chance to know bitcoin. By this way also, we are helping every individual shape the world.
It can not end world poverty, think about those really poor countries like Africa do you think bitcoin is the solution? No, it is not. Do all part of this world have gadgets and internet? No, they do not have it. Like what I said before they would rather buy foods to live than to buy those things.
Thats right poverty in the world is very complicated you know ? many poor people in the world not only do not have jobs. but there are many other problems such as lack of knowledge, resources, and so on. so although bitcoin is present and offers great advantages. it will be useless because the technology can not be implemented in various communities in the world.
full member
Activity: 784
Merit: 123
September 27, 2017, 05:09:44 AM
Bitcoin, or any other cryptocurrency for the matter, will not change the way people think. While there are economical reasons for poverty, the cryptocurrency and blockchain tech will hardly become an ultimate solution for this issue.
You're right, crypto currencies is not the solution of being poverty. Bitcoin could help us financially but it couldn't give a huge impact in the economic status of the country. Because the government cannot benefit this, only the individuals who are part of bitcoin community. Poverty solutions are in the hands of government supported by the members not on bitcoin..
full member
Activity: 364
Merit: 100
September 26, 2017, 11:25:40 PM
Poverty is a problem of the world which can't be finished through Bitcoin Because there are so many countries where most of the villeges and cities have no facility of internet. So we can say that bitcoin is not the tool the end the panic of poverty.
full member
Activity: 518
Merit: 100
September 26, 2017, 10:24:55 PM
I think it would be able to end world poverty in some ways if and only if everyone are going to know it and use it as an instrument to escape poverty. There are a lot of things that should be dealt with if we really want bitcoin to help solve poverty globally. Each nation should work on the legalization of bitcoin on their place so that everyone will have the chance to know bitcoin. By this way also, we are helping every individual shape the world.
It can not end world poverty, think about those really poor countries like Africa do you think bitcoin is the solution? No, it is not. Do all part of this world have gadgets and internet? No, they do not have it. Like what I said before they would rather buy foods to live than to buy those things.

your right.. it is impossible. Even we all knew that there are some various state and federal programs who help relieve indigence but still it will not end the poverty, nor even bitcoin cannot eradicate world poverty. Working in bitcoin is through internet therefore, for those poor people especially in poor countries are less fortunate, knowing that many of them are illiterate.
Yes I agree, the main factor of poverty is education, developed countries can be rich because the education level of all its citizens is better than the developing countries. the presence of bitcoin will not change much in poverty as long as the state does not pay attention to education issues.

Well bitcoin can support education if the person wants to. Bitcoin can generate a lot to fund educational programs but i think it's too early to think about that for now.

now it is very bitcoin is a variety of benefits began to be a tool for transactions
then as a future investment, and also many others anymore, depending on yourself how to use it
sr. member
Activity: 646
Merit: 252
September 26, 2017, 10:14:12 PM
Donating with bitcoin is easier to do, and if many users are concerned about poverty then we can create a group that receives bitcoin to donate so as to reduce poverty.
member
Activity: 144
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September 26, 2017, 08:14:33 PM
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.
Can Bitcoin end world poverty? I think yes, Bitcoin can end poverty in the world. The Bitcoin instrument is very powerful and magical. What is the reason why Bitcoin is powerful? Do you think, all over the world Bitcoin give finances to people have access to it. It is large industry that can help lots of people by giving money by posting. Next, magical. Why? Have you think that why Bitcoin still exist. It gives lots of opportunity to people to earn money and on that many people trust Bitcoin and that is the reason why Bitcoin still exist.
full member
Activity: 252
Merit: 100
September 26, 2017, 03:50:48 PM
Wow, what a question.  I think that any monetary instrument in the right hands could end world poverty.  Bitcoin is a good idea because its offers the opportunity to take some of the power out of the hands of people that use debt as a form of control.  It's a limited supply, you have to put in a lot of effort to create them, governments can't create extra Bitcoins to pump into the system but of course they're not going to give up their power without a fight.   If Bitcoin somehow manages to cause a massive shift and redistribution of power and wealth then that will go a long way to ending poverty.  There's no genuine reason why poverty should exist, its just greed that keeps it going.
sr. member
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DGbet.fun - Crypto Sportsbook
September 26, 2017, 03:32:21 PM
The main problem of poverty is the uneven distribution of financial channels, most of the poor are blocked from access to finance such as government assistance, bank aid and so on. the presence of bitcoin can be a solution to overcome poverty.
You have explained one of the main reasons for poverty all over the world. This is utterly because of the unjust distribution of financial assets. Those who have oil, gold etc in their land are not willing to share it with poor countries. We need to sue world resources equally to put an end to poverty.
Since, it is clear that the uneven distribution of the financial resources is the major cause of poverty in the world.

Bitcoin has challenged systems to introduce even distribution of finance to all i.e. a decentralized economic system which provides equal opportunities to both rich and poor to make money online, and through this both rich and poor are themselves responsible for the profits/losses they get in the market.

In the end, bitcoin is capable of bringing major changes to the majority of poverty worldwide. all with only one condition - their willingness to get used to the use of the Internet and willing to learn to manage virtual investment assets more responsibly. Many people are lazy, especially unemployed who just want a brisk effort or even do not want to work with the same pattern, bitcoin will encourage them to become more qualified human with a fairly simple pattern of work
full member
Activity: 448
Merit: 101
September 26, 2017, 02:00:27 PM
The main problem of poverty is the uneven distribution of financial channels, most of the poor are blocked from access to finance such as government assistance, bank aid and so on. the presence of bitcoin can be a solution to overcome poverty.
You have explained one of the main reasons for poverty all over the world. This is utterly because of the unjust distribution of financial assets. Those who have oil, gold etc in their land are not willing to share it with poor countries. We need to sue world resources equally to put an end to poverty.
Since, it is clear that the uneven distribution of the financial resources is the major cause of poverty in the world.

Bitcoin has challenged systems to introduce even distribution of finance to all i.e. a decentralized economic system which provides equal opportunities to both rich and poor to make money online, and through this both rich and poor are themselves responsible for the profits/losses they get in the market.
hero member
Activity: 1246
Merit: 529
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September 26, 2017, 05:46:02 AM
I think it would be able to end world poverty in some ways if and only if everyone are going to know it and use it as an instrument to escape poverty. There are a lot of things that should be dealt with if we really want bitcoin to help solve poverty globally. Each nation should work on the legalization of bitcoin on their place so that everyone will have the chance to know bitcoin. By this way also, we are helping every individual shape the world.
It can not end world poverty, think about those really poor countries like Africa do you think bitcoin is the solution? No, it is not. Do all part of this world have gadgets and internet? No, they do not have it. Like what I said before they would rather buy foods to live than to buy those things.

your right.. it is impossible. Even we all knew that there are some various state and federal programs who help relieve indigence but still it will not end the poverty, nor even bitcoin cannot eradicate world poverty. Working in bitcoin is through internet therefore, for those poor people especially in poor countries are less fortunate, knowing that many of them are illiterate.
Yes I agree, the main factor of poverty is education, developed countries can be rich because the education level of all its citizens is better than the developing countries. the presence of bitcoin will not change much in poverty as long as the state does not pay attention to education issues.

Well bitcoin can support education if the person wants to. Bitcoin can generate a lot to fund educational programs but i think it's too early to think about that for now.
sr. member
Activity: 553
Merit: 250
September 26, 2017, 04:56:00 AM
I think it would be able to end world poverty in some ways if and only if everyone are going to know it and use it as an instrument to escape poverty. There are a lot of things that should be dealt with if we really want bitcoin to help solve poverty globally. Each nation should work on the legalization of bitcoin on their place so that everyone will have the chance to know bitcoin. By this way also, we are helping every individual shape the world.
It can not end world poverty, think about those really poor countries like Africa do you think bitcoin is the solution? No, it is not. Do all part of this world have gadgets and internet? No, they do not have it. Like what I said before they would rather buy foods to live than to buy those things.

your right.. it is impossible. Even we all knew that there are some various state and federal programs who help relieve indigence but still it will not end the poverty, nor even bitcoin cannot eradicate world poverty. Working in bitcoin is through internet therefore, for those poor people especially in poor countries are less fortunate, knowing that many of them are illiterate.
Yes I agree, the main factor of poverty is education, developed countries can be rich because the education level of all its citizens is better than the developing countries. the presence of bitcoin will not change much in poverty as long as the state does not pay attention to education issues.
newbie
Activity: 33
Merit: 0
September 26, 2017, 02:47:16 AM
I think it would be able to end world poverty in some ways if and only if everyone are going to know it and use it as an instrument to escape poverty. There are a lot of things that should be dealt with if we really want bitcoin to help solve poverty globally. Each nation should work on the legalization of bitcoin on their place so that everyone will have the chance to know bitcoin. By this way also, we are helping every individual shape the world.
It can not end world poverty, think about those really poor countries like Africa do you think bitcoin is the solution? No, it is not. Do all part of this world have gadgets and internet? No, they do not have it. Like what I said before they would rather buy foods to live than to buy those things.

your right.. it is impossible. Even we all knew that there are some various state and federal programs who help relieve indigence but still it will not end the poverty, nor even bitcoin cannot eradicate world poverty. Working in bitcoin is through internet therefore, for those poor people especially in poor countries are less fortunate, knowing that many of them are illiterate.
full member
Activity: 223
Merit: 100
September 26, 2017, 12:19:31 AM
Well with one snap of bitcoin it cannot end the worlds' problem which is poverty. It is always up for the people to move by themselves. It is on the people that is on that situation, it is up to them if they still wanted to live or they wanted to die as poor. There are a lot of stories I've read saying that there were many people born as poor but died as rich. Well for them to end their poverty using bitcoin they need the literacy to do it. At least they need to be media literate to deal with this.
I dont think so. It is so broad to help the world in this kind of sick in our society which is poverty. Bitcoin cant suppport everyone to sustain our needs. Because some rich people are greedy and not thinking the state of other people.
sr. member
Activity: 460
Merit: 254
September 25, 2017, 04:21:49 PM
Bitcoin helps many people specially when it comes to financial needs it offers many opportunity for income but it cannot help those poor because using bitcoin requires knowledge and proper education and if you don't know how to use this technology you cannot adopt to bitcoin
It is very true a lot of people are still dependent on the bitcoin to get their life’s daily needs, bitcoin has the potential to change the life as it is growing and making the life of the users easy and reliable. To overcome the world poverty it is very important for the government of the country to get involved in the country policy bitcoin cannot finish the poverty but I think making bitcoin legal will be a great step towards it.
hero member
Activity: 778
Merit: 500
September 25, 2017, 03:08:19 PM
Some people think it can, but not me. I think bitcoin can be of great help to have people from poor countries deal with the high fees the banks charge. But vanishing poverty is an utopia.
Many have tried, and pessimistic as I am, I am many more wil try and they will fail.
full member
Activity: 168
Merit: 100
September 25, 2017, 02:52:08 PM



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sr. member
Activity: 335
Merit: 250
DECENTRALIZED CLOUD SERVICES
September 25, 2017, 10:08:41 AM
I think it would be able to end world poverty in some ways if and only if everyone are going to know it and use it as an instrument to escape poverty. There are a lot of things that should be dealt with if we really want bitcoin to help solve poverty globally. Each nation should work on the legalization of bitcoin on their place so that everyone will have the chance to know bitcoin. By this way also, we are helping every individual shape the world.
It can not end world poverty, think about those really poor countries like Africa do you think bitcoin is the solution? No, it is not. Do all part of this world have gadgets and internet? No, they do not have it. Like what I said before they would rather buy foods to live than to buy those things.
sr. member
Activity: 1792
Merit: 255
September 25, 2017, 10:00:49 AM
Efforts are being made to reduce poverty, but it all looks difficult because of the troubled world's financial system. we must immediately switch to the cryptocurrency system so that poverty can be reduced.
full member
Activity: 418
Merit: 106
September 25, 2017, 09:16:37 AM
I think it would be able to end world poverty in some ways if and only if everyone are going to know it and use it as an instrument to escape poverty. There are a lot of things that should be dealt with if we really want bitcoin to help solve poverty globally. Each nation should work on the legalization of bitcoin on their place so that everyone will have the chance to know bitcoin. By this way also, we are helping every individual shape the world.
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