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Topic: Can Bitcoin help poor countries? - page 34. (Read 73888 times)

sr. member
Activity: 308
Merit: 250
October 25, 2016, 04:21:22 AM
Poor countrys cant be helped by the bitcoin you know liots of people dont know this but poor people cant buy bitcoins becuase they are to poor the bitcoin has a to
high value and they cant reach that so he cant help them.
Correct its hard to bitcoin to help them if they can not afford to buy the main requirements to access bitcoin even bitcoin is open for all they should have gadgets and internet connection first to work in bitcoin but this is not practical things they want to buy foods than gadgets.

I agree they cannot do this so they will not succeed in getting bitcoin that can help them due to the the fact they are to poor buy it these days.
I think its never gonna help these poor countries to be honest..

We cannot expect that it will help poor countries as a whole but people who are aware about bitcoins and can manage to earn them will surely help them as it will be an source of income for them which can take care of their living.
sr. member
Activity: 448
Merit: 250
October 25, 2016, 04:19:19 AM
Poor countrys cant be helped by the bitcoin you know liots of people dont know this but poor people cant buy bitcoins becuase they are to poor the bitcoin has a to
high value and they cant reach that so he cant help them.
Correct its hard to bitcoin to help them if they can not afford to buy the main requirements to access bitcoin even bitcoin is open for all they should have gadgets and internet connection first to work in bitcoin but this is not practical things they want to buy foods than gadgets.

I agree they cannot do this so they will not succeed in getting bitcoin that can help them due to the the fact they are to poor buy it these days.
I think its never gonna help these poor countries to be honest..
newbie
Activity: 56
Merit: 0
October 25, 2016, 03:59:15 AM
I am totally sure that bitcoin can help poor countries. There are countries with monthly salary like 100 $ and making bitcoins on the internet could help the user make more mone. And it is not matter exactly how gambling or just commenting here for some compaig. Even just commenting brings good money if you pay enough attention on it and it is not so risky as gambling.
hero member
Activity: 714
Merit: 531
October 25, 2016, 03:02:54 AM
Poor countrys cant be helped by the bitcoin you know liots of people dont know this but poor people cant buy bitcoins becuase they are to poor the bitcoin has a to
high value and they cant reach that so he cant help them.
Correct its hard to bitcoin to help them if they can not afford to buy the main requirements to access bitcoin even bitcoin is open for all they should have gadgets and internet connection first to work in bitcoin but this is not practical things they want to buy foods than gadgets.
sr. member
Activity: 271
Merit: 250
October 25, 2016, 02:56:27 AM
Poor countrys cant be helped by the bitcoin you know liots of people dont know this but poor people cant buy bitcoins becuase they are to poor the bitcoin has a to
high value and they cant reach that so he cant help them.
sr. member
Activity: 399
Merit: 250
October 25, 2016, 02:54:09 AM
I dont think that people in poor countrys can buy bitcoins so how are they able to help poor countrys i dont see the point or is that becuase i dont
want to see it because i think allot does not see it.

they do not have to buy bitcoin, they can get for free, as we know pretty much ways to get a free bitcoin. but the more difficult things is about the facility. they must have a PC and Internet to get a free bitcoin. while, it would be really hard to obtained by poor countries other than the government provide to help poor people to be more creative and improve their economies of bitcoin.

That is the one reason that they may not have access to internet which can create a problem in earning bitcoins and the other reason is they should also be aware about the fact that they can earn money with bitcoins and if they are not aware about it they won't be able to make use of facilities available around them.
sr. member
Activity: 350
Merit: 250
October 25, 2016, 02:52:16 AM
Bitcoins cant help poor coutnrys because they are not even able to buy a bitcoin by them self so how is the bitcoin going to be help ful to the poor countrys i dont think this is the right thing to help.
hero member
Activity: 1106
Merit: 502
October 25, 2016, 02:45:36 AM
I dont think that people in poor countrys can buy bitcoins so how are they able to help poor countrys i dont see the point or is that becuase i dont
want to see it because i think allot does not see it.

they do not have to buy bitcoin, they can get for free, as we know pretty much ways to get a free bitcoin. but the more difficult things is about the facility. they must have a PC and Internet to get a free bitcoin. while, it would be really hard to obtained by poor countries other than the government provide to help poor people to be more creative and improve their economies of bitcoin.
full member
Activity: 131
Merit: 100
October 25, 2016, 02:44:27 AM
I think Bitcoin can not help the poor countries because poor countries do not have the facilities available to them, they can not even trade bitcoin because they do not have a good internet penetration rate.

Well this is the main reason why I am saying that bitcoin can't help the poor countries, unless they are going to invest with computers and other facilities needed for their people to work for bitcoin. But I am very doubtful that if we are going to place these computers in the depressed areas in Africa, people there must be trained first on how to use computers.

You don't need a computer. All you need is a cellphone and a service plan. Most of the internet connection in the better countries of africa are from cellphones. Only some are desktops and laptops. It is perfectly possible for poor countries to benefit greatly from bitcoin. They can work online from anywhere in the world doing whatever they want and getting paid in bitcoin in minutes.


yes that's what i am using these days cellphones are the most convenient,easy to carry gadget where we can use to work in our bitcoin ventures, and im sure if poor people would know bitcoin they would surely gain money that can help their starving family buy some food in meals,lunch and dinners, bitcoin really helpfull since theyre are no scholastical record holding to earn more, and also bitcoin is i think the future currency where people would love to work since there are no boss in this industry.

Actually a guy in the previous pages talked about a third party... So you just don't need neither a cellphone or internet if you want to hold it...
For example you pay XXX fiat currency for this guy, he buys BTC and give to you a paper wallet or whatever...

There's a lot of ways, but, you know, if you are poor, probably you don't have money to hold bitcoin...
Bitcoins can do allot of tjhings but help poor countrys i dont think they can help the poor ones because the poor peopel are not even close to buy
a bitcoin so how can they help them.
hero member
Activity: 504
Merit: 500
October 25, 2016, 02:37:42 AM
I dont think that the bitcoin is able to help poor countrys just becuae i know for srue that lots of people will not even able to buy bticoins because they are
poor how will it help them.
I think bitcoin can help a person to get out of economic distress as do bitcoin me, I think it could also be done to help a lot of people in a country
hero member
Activity: 546
Merit: 500
October 25, 2016, 02:36:27 AM
I dont think that people in poor countrys can buy bitcoins so how are they able to help poor countrys i dont see the point or is that becuase i dont
want to see it because i think allot does not see it.
hero member
Activity: 3010
Merit: 538
Leading Crypto Sports Betting & Casino Platform
October 25, 2016, 02:30:15 AM
I dont think that the bitcoin is able to help poor countrys just becuae i know for srue that lots of people will not even able to buy bticoins because they are
poor how will it help them.
He can, earning from a little but comparing with the value on their currency it's very worth for using bitcoin in poor countries because the bitcoin are standing into the shoulder of the USD, the strongly fiat in this time and that's why for using the bitcoin can helping the poor countries going outside from their problem.
hero member
Activity: 546
Merit: 500
October 25, 2016, 02:11:56 AM
I dont think that the bitcoin is able to help poor countrys just becuae i know for srue that lots of people will not even able to buy bticoins because they are
poor how will it help them.
legendary
Activity: 2856
Merit: 1519
October 25, 2016, 02:09:18 AM
Not really. The problem with Bitcoin and poverty is that Bitcoin is (by design) aimed for people that have an established technological system in place. You need some sort of device for Bitcoin to even exist, so in a poverty stricken country, it's not going to work.
sr. member
Activity: 280
Merit: 253
October 25, 2016, 01:41:08 AM
I think only people can help but countries i think its hard for now since only people will work for it, then the only people who afford to buy gadgets and having internet connection were only benefited of bitcoin.
sure, only people can handle money, unless we talk about IOT and smart contracts etc, but this will also have to be installed/set in motion by humans. you can however improve the state of a county by improving the conditions of the people living in this country. does it have to be bitcoin? no! is there an advantage to do this in bitcoin? i do not see one.
hero member
Activity: 630
Merit: 500
October 25, 2016, 01:29:10 AM
I think only people can help but countries i think its hard for now since only people will work for it, then the only people who afford to buy gadgets and having internet connection were only benefited of bitcoin.
full member
Activity: 238
Merit: 100
it's showtime
October 25, 2016, 01:21:53 AM
I think Bitcoin can not help the poor countries because poor countries do not have the facilities available to them, they can not even trade bitcoin because they do not have a good internet penetration rate.

Well this is the main reason why I am saying that bitcoin can't help the poor countries, unless they are going to invest with computers and other facilities needed for their people to work for bitcoin. But I am very doubtful that if we are going to place these computers in the depressed areas in Africa, people there must be trained first on how to use computers.

You don't need a computer. All you need is a cellphone and a service plan. Most of the internet connection in the better countries of africa are from cellphones. Only some are desktops and laptops. It is perfectly possible for poor countries to benefit greatly from bitcoin. They can work online from anywhere in the world doing whatever they want and getting paid in bitcoin in minutes.


yes that's what i am using these days cellphones are the most convenient,easy to carry gadget where we can use to work in our bitcoin ventures, and im sure if poor people would know bitcoin they would surely gain money that can help their starving family buy some food in meals,lunch and dinners, bitcoin really helpfull since theyre are no scholastical record holding to earn more, and also bitcoin is i think the future currency where people would love to work since there are no boss in this industry.

Actually a guy in the previous pages talked about a third party... So you just don't need neither a cellphone or internet if you want to hold it...
For example you pay XXX fiat currency for this guy, he buys BTC and give to you a paper wallet or whatever...

There's a lot of ways, but, you know, if you are poor, probably you don't have money to hold bitcoin...
legendary
Activity: 2758
Merit: 1228
October 24, 2016, 09:28:11 PM
I think Bitcoin can not help the poor countries because poor countries do not have the facilities available to them, they can not even trade bitcoin because they do not have a good internet penetration rate.

Well this is the main reason why I am saying that bitcoin can't help the poor countries, unless they are going to invest with computers and other facilities needed for their people to work for bitcoin. But I am very doubtful that if we are going to place these computers in the depressed areas in Africa, people there must be trained first on how to use computers.

You don't need a computer. All you need is a cellphone and a service plan. Most of the internet connection in the better countries of africa are from cellphones. Only some are desktops and laptops. It is perfectly possible for poor countries to benefit greatly from bitcoin. They can work online from anywhere in the world doing whatever they want and getting paid in bitcoin in minutes.


yes that's what i am using these days cellphones are the most convenient,easy to carry gadget where we can use to work in our bitcoin ventures, and im sure if poor people would know bitcoin they would surely gain money that can help their starving family buy some food in meals,lunch and dinners, bitcoin really helpfull since theyre are no scholastical record holding to earn more, and also bitcoin is i think the future currency where people would love to work since there are no boss in this industry.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
October 24, 2016, 09:15:56 PM
Bitcoin can't help poor country but it can help poor people by donation of the bitcoin users who wants to help and can help to reduce corruption from the government but it can't help the economy of the country maybe the people in the country will get help but not the whole country.


There is always what we call the "chain effect" in that... If people at poor countries got employed and earn bitcoin for themselves ( if they have knowledge about it ) then they are not the liability of their government anymore...

Now, if those poor people use their bitcoin (convert it to fiat) to buy their food and anything, then definitely they are paying tax at that poor country, when those poor people use services at that poor country, definitely they are paying tax...

If half the number of those poor unemployed people earn and pay tax, then definitely there is a great effect in their economy.. There's a lot of big explanation to that, it would take us a day...  Smiley
hero member
Activity: 1162
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
October 24, 2016, 08:48:37 PM
I think Bitcoin can not help the poor countries because poor countries do not have the facilities available to them, they can not even trade bitcoin because they do not have a good internet penetration rate.

Well this is the main reason why I am saying that bitcoin can't help the poor countries, unless they are going to invest with computers and other facilities needed for their people to work for bitcoin. But I am very doubtful that if we are going to place these computers in the depressed areas in Africa, people there must be trained first on how to use computers.

You don't need a computer. All you need is a cellphone and a service plan. Most of the internet connection in the better countries of africa are from cellphones. Only some are desktops and laptops. It is perfectly possible for poor countries to benefit greatly from bitcoin. They can work online from anywhere in the world doing whatever they want and getting paid in bitcoin in minutes.
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