Can Bitcoin help poor countries? - page 19.

prabowo96

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Quote from: delliaerd on November 13, 2016, 01:19:19 AM

Quote from: Sled on 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.

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.

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Quote from: prabowo96 on November 13, 2016, 12:54:25 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.

delliaerd

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Quote from: Sled on 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.

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.

prabowo96

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Quote from: LuanX3 on November 12, 2016, 12:25:49 PM

Quote from: mirakal on November 12, 2016, 06:24:27 AM

Quote from: clickerz on November 12, 2016, 05:49:19 AM

Quote from: marleybobthedog on 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.

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.

Sled

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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.

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Yes, bitcoin can help poor countries if people there can be train into bitcoin trading and mining with all necessary facilities.

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Quote from: Makisim on November 12, 2016, 02:53:43 PM

Quote from: knightkon on 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.

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.

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Quote from: knightkon on 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.

As time goes on, there will be more internet access in any country. They can use the mobile network to do that.

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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.

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Quote from: ekoice on November 12, 2016, 02:17:58 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.

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.

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Quote from: marleybobthedog on 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.

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.

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Quote from: krishna1 on 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

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.

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Quote from: mirakal on November 12, 2016, 06:24:27 AM

Quote from: clickerz on November 12, 2016, 05:49:19 AM

Quote from: marleybobthedog on 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.

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.

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Quote from: clickerz on November 12, 2016, 05:49:19 AM

Quote from: marleybobthedog on 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.

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.

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Quote from: marleybobthedog on 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.

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.

marleybobthedog

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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.

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Quote from: ekoice on November 12, 2016, 02:17:58 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.

krishna1

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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

ekoice

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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.

LuanX3

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It can. Similar to fiat currency, Bitcoin can be used to help developing countries. Bitcoin can buy things similar to money. If developing countries use Bitcoin for transactions and lessen the transaction fees and other charges necessary to trade then they will save a lot of money. However, the drawback here is that developing countries don't have internet or electricity everywhere. Also, the rate of people having the necessary devices, i.e., phones or computers, is lower in these countries which would impair the frequency of using bitcoin in those countries.

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