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Topic: Can Bitcoin help poor countries? - page 19. (Read 73851 times)

legendary
Activity: 2170
Merit: 1427
November 13, 2016, 02:49:12 AM
If you are from poor countries and you use bitcoin it can help you to level up your monthly income.

You need to have a different look on this whole subject as everyone here has their own definition of what's poor and what not. Are you talking about second world countries, or third world countries. In case of the latter, let's assume the following things are the case for a big part of the people living in third world countries.

# No internet.
# No computer.
# Language barrier.
# Zero understanding of tech.
# Old telephone with zero usable functionalities in this regard.
# No time for nonsense as they have to work real hard in order to just feed their family.

How and in what way do you think these people can level up their monthly income? Don't tell me through signature campaigns or faucets and all that stuff. Have the above mentioned things in mind.
hero member
Activity: 966
Merit: 506
November 13, 2016, 02:35:53 AM
Yes, bitcoin can help poor countries if people there can be train into bitcoin trading and mining with all necessary facilities.

Yeah, exactly, we should accept that bitcoin can help the poor countries not too much but sure. Think about it, now why we are here? because bitcoin give us money and it is online good opportunity to earn money. That's why we are still working with bitcoin and investment in it and also trading help us.
full member
Activity: 238
Merit: 100
it's showtime
November 13, 2016, 01:40:53 AM
Of course, Bitcoin can help different countries not just the rich but also the poor countries. Bitcoin doesn't care if you are poor or rich, It always up to you on how you will use bitcoin to generate some income. If you are from poor countries and you use bitcoin it can help you to level up your monthly income.

I am couldn't agree more with you but in my point of view bitcoin helps the one who live in poor country not directed help into a poor country. The financial level of the one who not rich will be higher if they "playing" bitcoin. Because there is so mamy ways to looking for bitcoin for free and get decent worth of bitcoin.
I think if that happens whole of citizens in a poor country, I believe bitcoin will slowly and indirectly helps a poor country from inside.

Yes, everyone can use the bitcoin if they have internet/pc or an smart phone but I saw a mistake that everyone commit here, people say bitcoin is opportunity however isn't, bitcoin is just an currency, we can see the same opportunities with fiats, like writting for a blog, doing some photoshop freelance and jobs like that, maybe you just can't find faucets/sig campaigns that pay you in fiat currencies and well, this is nothing if we talk about change the world.
legendary
Activity: 2954
Merit: 1153
November 13, 2016, 01:31:49 AM
You can earn something with signature campaigns while you discuss good things and learn about something new and well, you can do it after work and for sure this low ammount can help some peoples at the end of the month however it will not save people from poverty.

Doing signature campaign really help people in order to earn extra money aside from their daily job.  I agree that signature campaign will not save people from poverty but at least it will aid in financial support even a little.  Only the person himself can do something about his own povertyof course with the help of government by giving them job opportunity that gives a decent pay.
hero member
Activity: 672
Merit: 500
November 13, 2016, 01:19:19 AM
Of course, Bitcoin can help different countries not just the rich but also the poor countries. Bitcoin doesn't care if you are poor or rich, It always up to you on how you will use bitcoin to generate some income. If you are from poor countries and you use bitcoin it can help you to level up your monthly income.

I am couldn't agree more with you but in my point of view bitcoin helps the one who live in poor country not directed help into a poor country. The financial level of the one who not rich will be higher if they "playing" bitcoin. Because there is so mamy ways to looking for bitcoin for free and get decent worth of bitcoin.
I think if that happens whole of citizens in a poor country, I believe bitcoin will slowly and indirectly helps a poor country from inside.
full member
Activity: 238
Merit: 100
it's showtime
November 13, 2016, 12:54:25 AM
Obviously there are many poor countries where we can see unemployment on extreme level so in those areas if these people try to adopt bitcoin then definitely they could make a handsome profit our of internet. and if they try to start trade with their lowest available money then also  they will be able to earn some good amount of money and will be able to spend life like rich peopl, take an example of myself. Just kidding well i earn $25 in a month through bitcoin.

I think you have a point. like for example if they join a high paying signature campaign. It is profitable to them if they convert the reward in their local currency, I am sure it has a huge value and can help in their daily life.
Come on man, you are so funny.. Do you think we can accommodate all the population of the poor countries to work for signature campaign. Think deeper please, it's not the real opportunity here, it's just a bonus you can earn for being a loyal members but not a job at all.
                                                                                                                                             
He's right. The signature campaign is not something a massive amount of people can rely on. Second, signature campaigns, in reality, pays pennies and dimes which would not translate to a job that can sustain your whole family.
                                                                   
Probably, bitcoin can help poor countries by giving them the power of bitcoin itself. They can probably, make use of the facilities of bitcoin for their transactions within and outside the country. Also, they can also offer their services in exchange of bitcoins instead of asking for fiat currency.

You can earn something with signature campaigns while you discuss good things and learn about something new and well, you can do it after work and for sure this low ammount can help some peoples at the end of the month however it will not save people from poverty.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
November 12, 2016, 06:02:38 PM
Of course, Bitcoin can help different countries not just the rich but also the poor countries. Bitcoin doesn't care if you are poor or rich, It always up to you on how you will use bitcoin to generate some income. If you are from poor countries and you use bitcoin it can help you to level up your monthly income.
hero member
Activity: 1834
Merit: 566
November 12, 2016, 04:49:42 PM
Yes, bitcoin can help poor countries if people there can be train into bitcoin trading and mining with all necessary facilities.
hero member
Activity: 728
Merit: 501
io.ezystayz.com
November 12, 2016, 02:59:32 PM
I would have to again bring up the issue that there is limited internet access in these countries.  To use Bitcoin, you need to have internet to properly transfer it.  If there is not much internet access, it could not be considered a dependable currency. 

As time goes on, there will be more internet access in any country. They can use the mobile network to do that.
So if we give the countries more internet access, what about the devices that would be needed in order to make the transactions?  Next, what about the countries which still use goods for trade and have no interest in something like bitcoin and such??  Just something to think about.
member
Activity: 105
Merit: 10
November 12, 2016, 02:53:43 PM
I would have to again bring up the issue that there is limited internet access in these countries.  To use Bitcoin, you need to have internet to properly transfer it.  If there is not much internet access, it could not be considered a dependable currency. 

As time goes on, there will be more internet access in any country. They can use the mobile network to do that.
hero member
Activity: 588
Merit: 500
November 12, 2016, 02:26:17 PM
I would have to again bring up the issue that there is limited internet access in these countries.  To use Bitcoin, you need to have internet to properly transfer it.  If there is not much internet access, it could not be considered a dependable currency. 
hero member
Activity: 630
Merit: 500
November 12, 2016, 02:23:12 PM
Yes, it would help people of poor countries a lot.People get very low wages in poor countries.If they start earning in bitcoins, it would become a big amount when converted in their local currencies.Mostly corrupt politicians and big corporates snatch earning opportunities from the poor. But in bitcoin, they can snatch nothing from the poor.Fair enough opportunities for poor to earn in Bitcoins.It would increase their standard of living to a great extent.
i do not think that bitcoin can be helpful for poor countries, as poor people have no access to computer and internet, therefore it cannot be helpful for poor countries.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
November 12, 2016, 01:18:30 PM
Obviously there are many poor countries where we can see unemployment on extreme level so in those areas if these people try to adopt bitcoin then definitely they could make a handsome profit our of internet. and if they try to start trade with their lowest available money then also  they will be able to earn some good amount of money and will be able to spend life like rich peopl, take an example of myself. Just kidding well i earn $25 in a month through bitcoin.

I agree with your point. I am from a third world country and currently studying. Hence in my free time, bitcoin earnings help me to accumulate some coins as a passive source of income. As long as I dont waste time on this forum my main work (studies) is not affected much. Though from a poor background I can afford a laptop and internet and hence bitcoin collecting does help me get a side-earning.
hero member
Activity: 756
Merit: 500
November 12, 2016, 12:52:44 PM
bitcoin is more like a sack of complexity to one who do not understand it but if poor contries do understand it and can implement some inoviate ideas depending their situations then yes it will be very helpfull for them and it can make them some self dependent life

If by 'a poor country' it does not mean a country where there is no internet nor computer systems, because in such a case it would be impossible for them to get involved with bitcoin as bitcoin is totally digital right now and it does not have any physical forms.
hero member
Activity: 756
Merit: 505
November 12, 2016, 12:25:49 PM
Obviously there are many poor countries where we can see unemployment on extreme level so in those areas if these people try to adopt bitcoin then definitely they could make a handsome profit our of internet. and if they try to start trade with their lowest available money then also  they will be able to earn some good amount of money and will be able to spend life like rich peopl, take an example of myself. Just kidding well i earn $25 in a month through bitcoin.

I think you have a point. like for example if they join a high paying signature campaign. It is profitable to them if they convert the reward in their local currency, I am sure it has a huge value and can help in their daily life.
Come on man, you are so funny.. Do you think we can accommodate all the population of the poor countries to work for signature campaign. Think deeper please, it's not the real opportunity here, it's just a bonus you can earn for being a loyal members but not a job at all.
                                                                                                                                             
He's right. The signature campaign is not something a massive amount of people can rely on. Second, signature campaigns, in reality, pays pennies and dimes which would not translate to a job that can sustain your whole family.
                                                                   
Probably, bitcoin can help poor countries by giving them the power of bitcoin itself. They can probably, make use of the facilities of bitcoin for their transactions within and outside the country. Also, they can also offer their services in exchange of bitcoins instead of asking for fiat currency.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
November 12, 2016, 06:24:27 AM
Obviously there are many poor countries where we can see unemployment on extreme level so in those areas if these people try to adopt bitcoin then definitely they could make a handsome profit our of internet. and if they try to start trade with their lowest available money then also  they will be able to earn some good amount of money and will be able to spend life like rich peopl, take an example of myself. Just kidding well i earn $25 in a month through bitcoin.

I think you have a point. like for example if they join a high paying signature campaign. It is profitable to them if they convert the reward in their local currency, I am sure it has a huge value and can help in their daily life.
Come on man, you are so funny.. Do you think we can accommodate all the population of the poor countries to work for signature campaign. Think deeper please, it's not the real opportunity here, it's just a bonus you can earn for being a loyal members but not a job at all.
hero member
Activity: 1414
Merit: 505
Backed.Finance
November 12, 2016, 05:49:19 AM
Obviously there are many poor countries where we can see unemployment on extreme level so in those areas if these people try to adopt bitcoin then definitely they could make a handsome profit our of internet. and if they try to start trade with their lowest available money then also  they will be able to earn some good amount of money and will be able to spend life like rich peopl, take an example of myself. Just kidding well i earn $25 in a month through bitcoin.

I think you have a point. like for example if they join a high paying signature campaign. It is profitable to them if they convert the reward in their local currency, I am sure it has a huge value and can help in their daily life.
full member
Activity: 210
Merit: 100
November 12, 2016, 05:23:18 AM
Obviously there are many poor countries where we can see unemployment on extreme level so in those areas if these people try to adopt bitcoin then definitely they could make a handsome profit our of internet. and if they try to start trade with their lowest available money then also  they will be able to earn some good amount of money and will be able to spend life like rich peopl, take an example of myself. Just kidding well i earn $25 in a month through bitcoin.
legendary
Activity: 1526
Merit: 1179
November 12, 2016, 04:05:47 AM
Yes, it would help people of poor countries a lot.People get very low wages in poor countries.If they start earning in bitcoins, it would become a big amount when converted in their local currencies.Mostly corrupt politicians and big corporates snatch earning opportunities from the poor. But in bitcoin, they can snatch nothing from the poor.Fair enough opportunities for poor to earn in Bitcoins.It would increase their standard of living to a great extent.
"They can earn Bitcoins so it will help poor countries" It's something I have seen being posted many times in this thread.

With earning Bitcoins most people refer to earning Bitcoins through signature campaigns, but what if they don't exist anymore at some point? How will these people then earn money?

Instead of mentioning signature campaigns, people should mention that skilled poor people can easily offer their services through the internet with Bitcoin as preferred currency.

And the poor people that don't have skills, or an internet connection, and very broken English, Bitcoin can't do anything for them.

Another thing, it are certain individuals that might experience the usefulness of Bitcoin, and not entire counties. That's impossible.
sr. member
Activity: 322
Merit: 250
November 12, 2016, 02:41:32 AM
bitcoin is more like a sack of complexity to one who do not understand it but if poor contries do understand it and can implement some inoviate ideas depending their situations then yes it will be very helpfull for them and it can make them some self dependent life
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