Can Bitcoin help poor countries? - page 23.

Babayega31

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Quote from: stadus on November 07, 2016, 10:04:17 PM

Quote from: Harlot on November 07, 2016, 09:23:55 PM

Quote from: madwica on November 07, 2016, 09:18:27 PM

Quote from: ivanpoldark on November 07, 2016, 04:17:17 PM

Bitcoin will likely help a particular person, not the whole country.

This is correct only individual can help by the bitcoin but country it self it can't. Bitcoin has requirement that not all poor people can afford.
If all people can afford gadgets to access bitcoin i think all people will be rich someday by the help of bitcoin.

Yes it can help a person, but not specifically a poor person because the amount you will earn online is only enough to become a side income. For it to solve a people without money the bitcoin needed to be earn must be sufficient and equal to a regular income. Well at present there is no way for you to have that big of amount as faucets won't give you enough to make a living only signature campaigns can actually give fair rates.

You do not see the entire benefit of bitcoin as you only consider it as a side income for the poor, it's more than that actually since we cannot let them all work to have side income. There is something that they will benefit and that is not to maximize their income but to minimize their expenses.

It's all about remittance worldwide. We do not need bank but we do banking here.

It can really help poor countries but people in these countries must do have proper education so that they may able to understand the communication of ideas which bitcoins has. This helped a lot of people who are hardworking and willing to learn, help is not worth it if the person is not interested to know the importance of bitcoin to our lives.

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Quote from: Harlot on November 07, 2016, 09:23:55 PM

Quote from: madwica on November 07, 2016, 09:18:27 PM

Quote from: ivanpoldark on November 07, 2016, 04:17:17 PM

Bitcoin will likely help a particular person, not the whole country.

This is correct only individual can help by the bitcoin but country it self it can't. Bitcoin has requirement that not all poor people can afford.
If all people can afford gadgets to access bitcoin i think all people will be rich someday by the help of bitcoin.

Yes it can help a person, but not specifically a poor person because the amount you will earn online is only enough to become a side income. For it to solve a people without money the bitcoin needed to be earn must be sufficient and equal to a regular income. Well at present there is no way for you to have that big of amount as faucets won't give you enough to make a living only signature campaigns can actually give fair rates.

You do not see the entire benefit of bitcoin as you only consider it as a side income for the poor, it's more than that actually since we cannot let them all work to have side income. There is something that they will benefit and that is not to maximize their income but to minimize their expenses.

It's all about remittance worldwide. We do not need bank but we do banking here.

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Quote from: madwica on November 07, 2016, 09:18:27 PM

Quote from: ivanpoldark on November 07, 2016, 04:17:17 PM

Bitcoin will likely help a particular person, not the whole country.

This is correct only individual can help by the bitcoin but country it self it can't. Bitcoin has requirement that not all poor people can afford.
If all people can afford gadgets to access bitcoin i think all people will be rich someday by the help of bitcoin.

Yes it can help a person, but not specifically a poor person because the amount you will earn online is only enough to become a side income. For it to solve a people without money the bitcoin needed to be earn must be sufficient and equal to a regular income. Well at present there is no way for you to have that big of amount as faucets won't give you enough to make a living only signature campaigns can actually give fair rates.

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Quote from: ivanpoldark on November 07, 2016, 04:17:17 PM

Bitcoin will likely help a particular person, not the whole country.

This is correct only individual can help by the bitcoin but country it self it can't. Bitcoin has requirement that not all poor people can afford.
If all people can afford gadgets to access bitcoin i think all people will be rich someday by the help of bitcoin.

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Quote from: ivanpoldark on November 07, 2016, 04:17:17 PM

Bitcoin will likely help a particular person, not the whole country.

yes, but helping a greater number of people in that poor country will eventually open up new doors for their income and ability to purchase more and fuel the countries budget, unless that country government is corrupt as it gets and steals that money too.

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Bitcoin will likely help a particular person, not the whole country.

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Quote from: BitHodler on November 07, 2016, 03:23:12 PM

Quote from: apriloni on November 07, 2016, 02:31:03 PM

there is a lot of people to poor country they are earning bitcoin through trading so we can say that bitcoin help to poor country and bitcoin is very profitable currency for everyone.

What a nonsense. Poor people trading? People are literally starving there, and you say that a lot people in poor countries are trading. With what money? It doesn't make sense.

And if there are indeed some poor people doing trading, then it's an individual letting his money work for him, and not an entire country. That's a serious difference.

Also, Bitcoin is only a profitable currency or investment tool when you know what you are doing, and utilize it to the fullest.

You are right, poor people, I'm talking about the poorest don't have much to eat, don't have a good house...
People that earn something with trade aren't poor.

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Quote from: apriloni on November 07, 2016, 02:31:03 PM

there is a lot of people to poor country they are earning bitcoin through trading so we can say that bitcoin help to poor country and bitcoin is very profitable currency for everyone.

What a nonsense. Poor people trading? People are literally starving there, and you say that a lot people in poor countries are trading. With what money? It doesn't make sense.

And if there are indeed some poor people doing trading, then it's an individual letting his money work for him, and not an entire country. That's a serious difference.

Also, Bitcoin is only a profitable currency or investment tool when you know what you are doing, and utilize it to the fullest.

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Quote from: apriloni on November 07, 2016, 02:31:03 PM

there is a lot of people to poor country they are earning bitcoin through trading so we can say that bitcoin help to poor country and bitcoin is very profitable currency for everyone.

If they know how to trade it's a good beginning. An extra profit can be made this way, but there is some risk on it. There are another ways BTCs can help poor people also, like the cheap fees on transactions, cheap products (because there is no tax), and they can earn also with online investiments or just hold the BTCs.

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Quote from: apriloni on November 07, 2016, 02:31:03 PM

there is a lot of people to poor country they are earning bitcoin through trading so we can say that bitcoin help to poor country and bitcoin is very profitable currency for everyone.

How can I help the poor countries. It seems to me that it would be better person to help a poor person than the country as a whole. Practice shows that the aid is not always or fully comes to people, if this help convey through their governments.

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there is a lot of people to poor country they are earning bitcoin through trading so we can say that bitcoin help to poor country and bitcoin is very profitable currency for everyone.

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Quote from: BitSat on November 07, 2016, 02:14:17 PM

Quote from: Holly-Dolly on November 07, 2016, 01:21:22 PM

Quote from: every247 on November 07, 2016, 12:41:13 PM

yes it can help of course

How this can be done. I have not seen the first time crooks who collect money from people like to do good works. But it's all in vain.

Yes I agree its cannot help because poor countries have many problems like corruption, education and bad government so its need many things not only bitcoin can help them to survive

Countries with huge problems mainly are to blame for the fact that they have created. If you have a decent government, we could think of anything to feed the hungry and clothe to warm. But problems remain, and they are trying to pass them on other people's shoulders as now happening with the refugees in Europe.

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Quote from: Holly-Dolly on November 07, 2016, 01:21:22 PM

Quote from: every247 on November 07, 2016, 12:41:13 PM

yes it can help of course

How this can be done. I have not seen the first time crooks who collect money from people like to do good works. But it's all in vain.

Yes I agree its cannot help because poor countries have many problems like corruption, education and bad government so its need many things not only bitcoin can help them to survive

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Quote from: Orion25 on November 07, 2016, 01:56:05 PM

I wonder which countries can or need help and that way bitcoin? I do not believe that such African countries can do something with bitcoin, because they have the culture and government at all other things are involved.

wow you just generalized a whole continent. do you even know how many people live there or how many counties there are in africa? you just declared them all poor. just a friendly reminder, that there are thousands of people smarter and richer then you living in africa.

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I wonder which countries can or need help and that way bitcoin? I do not believe that such African countries can do something with bitcoin, because they have the culture and government at all other things are involved.

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Quote from: every247 on November 07, 2016, 12:41:13 PM

yes it can help of course

How this can be done. I have not seen the first time crooks who collect money from people like to do good works. But it's all in vain.

every247

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yes it can help of course

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Quote from: onyek16M on November 07, 2016, 12:08:51 PM

Quote from: prabowo96 on August 31, 2016, 10:59:24 PM

Can Bitcoin or any other altcoin help poor countries?
how? what can be done?

If bitcoin or other coin can help people about their income should bitcoin too can help poor countries , if community and goverment use bitcoin

It can help if those poor people can work with bitcoin for some easy task for none educated people..
If there is a task available for bitcoin they can help those poor people but bitcoin mining needs knowledge to monitor it.. so i think if government will start to make mining farm in their country they can share it to poor people. or to help them using bitcoin..

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I think bitcoin has the potential to improve a country, but many countries do not take that chance because there are some things that make them anxious. especially in excess bitcoin can conduct transactions anonymously. it made illegal transactions become more fluent, and if it occurs in a country, then the country's reputation will be damaged. but if they have a government that is great, it may be in the minimize and make it into a better country

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Quote from: prabowo96 on August 31, 2016, 10:59:24 PM

Can Bitcoin or any other altcoin help poor countries?
how? what can be done?

If bitcoin or other coin can help people about their income should bitcoin too can help poor countries , if community and goverment use bitcoin

Topic: Can Bitcoin help poor countries? - page 23. (Read 73851 times)