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Topic: Can Bitcoin help poor countries? - page 47. (Read 73851 times)

member
Activity: 98
Merit: 10
October 12, 2016, 02:29:51 PM
I think it's can possible only when goverment will start earning bitcoins, cause fiat is not depending on bitcoins, need to understand it, but maybe i just can't see other ways.
full member
Activity: 238
Merit: 100
it's showtime
October 12, 2016, 02:17:31 PM
I think, Bitcoin doesn't designed to help poor countries/poor peoples. The main concept of creating bitcoin is to be pseudo-anonymous and its being like that. Even if some donates some BTCs to poor peoples, they still lack in resources (like mobile phones and internet, Because they even cannot afford buy those things like us) to use bitcoin.
i completly agree with this statement and i belive they should first get some education scheams like free studys type and after that they can use bitcoin to become a self dependent person and to get access through the world its not so easy but it is an good way to start
He had a point but i think we can help those poor people to bring alive if government also can support even electricity to start a mining farm for poor people so that they can work as a normal bitcoin miner.. If bitcoin miner earn a lots of bitcoin in their place they can use it to buy what ever they want ..

They neither have eletrecity in their homes, I don't think the government will mine something in this condictions... and governments are so corrupt, so probably neither half of this money will reach to the people...
hero member
Activity: 518
Merit: 500
October 12, 2016, 02:04:29 PM
There is the possibility to help the poor countries if bitcoin will provide them resources like computers, laptop or android phone to access their system and also internet connection but if not i think it can't not all people can afford to buy gadgets instead they are prefer to buy foods and needs.

But I don't think a bitcoin company is going to do that but that is going to be a good initiative if coinbase or blockchain is going to do that. And for sure that is going to touch other big companies heart to help people who are living in poor countries. Even it is not for bitcoin but just for humanity and to help them gain more knowledge.

It would really needs massive  effort  money and  time  when you intend  to implement these things because  giving  out computers and  other digital things would be costly,  unless if  all nations would  donate cash to a single spot then  it would possible  but  its not possible  on bitcoin related companies.
still need a lot of things to be able to help those who live in poor countries to become bitcoin users, how to tell them how bitcoin works and what is bitcoin.
member
Activity: 84
Merit: 10
October 12, 2016, 01:58:26 PM
I think, Bitcoin doesn't designed to help poor countries/poor peoples. The main concept of creating bitcoin is to be pseudo-anonymous and its being like that. Even if some donates some BTCs to poor peoples, they still lack in resources (like mobile phones and internet, Because they even cannot afford buy those things like us) to use bitcoin.
i completly agree with this statement and i belive they should first get some education scheams like free studys type and after that they can use bitcoin to become a self dependent person and to get access through the world its not so easy but it is an good way to start
He had a point but i think we can help those poor people to bring alive if government also can support even electricity to start a mining farm for poor people so that they can work as a normal bitcoin miner.. If bitcoin miner earn a lots of bitcoin in their place they can use it to buy what ever they want ..
somehow i get the felling that you have a very strange view of poor people. internet and mobile phones are not that special and exclusive. don't think that just because you pay an insane amount for some iphone. i have seen smartphones in slums.
legendary
Activity: 2058
Merit: 1030
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October 12, 2016, 12:38:16 PM
I think, Bitcoin doesn't designed to help poor countries/poor peoples. The main concept of creating bitcoin is to be pseudo-anonymous and its being like that. Even if some donates some BTCs to poor peoples, they still lack in resources (like mobile phones and internet, Because they even cannot afford buy those things like us) to use bitcoin.
i completly agree with this statement and i belive they should first get some education scheams like free studys type and after that they can use bitcoin to become a self dependent person and to get access through the world its not so easy but it is an good way to start
He had a point but i think we can help those poor people to bring alive if government also can support even electricity to start a mining farm for poor people so that they can work as a normal bitcoin miner.. If bitcoin miner earn a lots of bitcoin in their place they can use it to buy what ever they want ..
legendary
Activity: 1274
Merit: 1004
October 12, 2016, 12:23:39 PM
I think, Bitcoin doesn't designed to help poor countries/poor peoples. The main concept of creating bitcoin is to be pseudo-anonymous and its being like that. Even if some donates some BTCs to poor peoples, they still lack in resources (like mobile phones and internet, Because they even cannot afford buy those things like us) to use bitcoin.
i completly agree with this statement and i belive they should first get some education scheams like free studys type and after that they can use bitcoin to become a self dependent person and to get access through the world its not so easy but it is an good way to start
hero member
Activity: 770
Merit: 500
October 12, 2016, 12:16:13 PM
I think, Bitcoin doesn't designed to help poor countries/poor peoples. The main concept of creating bitcoin is to be pseudo-anonymous and its being like that. Even if some donates some BTCs to poor peoples, they still lack in resources (like mobile phones and internet, Because they even cannot afford buy those things like us) to use bitcoin.
sr. member
Activity: 280
Merit: 250
October 12, 2016, 11:36:32 AM
Yes definitely bitcoin could lift poor country's economy
 because we could earn bitcoin just by out mobile and laptop and that too without any investment. so bitcoin could definitely help poor country. but they should be alert of scammers and fraud traders.
newbie
Activity: 19
Merit: 0
October 12, 2016, 11:32:41 AM
now maybe it can't help poor countries,but in future after they build their countries better than now maybe will help those countries
legendary
Activity: 2688
Merit: 1065
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October 12, 2016, 09:40:27 AM

It would really needs massive  effort  money and  time  when you intend  to implement these things because  giving  out computers and  other digital things would be costly,  unless if  all nations would  donate cash to a single spot then  it would possible  but  its not possible  on bitcoin related companies.

And it's really not possible just because the world wants all to use bitcoin. I don't see the whole country will help those poor country to be able to access bitcoin. That is not their priority as all countries have some serious matters to face rather than that. There's no such thing like that will happen.

Look at today, fiat can't even access in some of the areas in the world. How much worst in bitcoin?
legendary
Activity: 3094
Merit: 1127
October 11, 2016, 11:12:01 PM
There is the possibility to help the poor countries if bitcoin will provide them resources like computers, laptop or android phone to access their system and also internet connection but if not i think it can't not all people can afford to buy gadgets instead they are prefer to buy foods and needs.

But I don't think a bitcoin company is going to do that but that is going to be a good initiative if coinbase or blockchain is going to do that. And for sure that is going to touch other big companies heart to help people who are living in poor countries. Even it is not for bitcoin but just for humanity and to help them gain more knowledge.

It would really needs massive  effort  money and  time  when you intend  to implement these things because  giving  out computers and  other digital things would be costly,  unless if  all nations would  donate cash to a single spot then  it would possible  but  its not possible  on bitcoin related companies.
hero member
Activity: 3024
Merit: 680
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October 11, 2016, 10:36:05 PM
There is the possibility to help the poor countries if bitcoin will provide them resources like computers, laptop or android phone to access their system and also internet connection but if not i think it can't not all people can afford to buy gadgets instead they are prefer to buy foods and needs.

But I don't think a bitcoin company is going to do that but that is going to be a good initiative if coinbase or blockchain is going to do that. And for sure that is going to touch other big companies heart to help people who are living in poor countries. Even it is not for bitcoin but just for humanity and to help them gain more knowledge.
hero member
Activity: 714
Merit: 531
October 11, 2016, 08:26:13 PM
There is the possibility to help the poor countries if bitcoin will provide them resources like computers, laptop or android phone to access their system and also internet connection but if not i think it can't not all people can afford to buy gadgets instead they are prefer to buy foods and needs.
hero member
Activity: 546
Merit: 500
October 11, 2016, 07:16:30 AM
I think is very difficult bitcoin to address the problem of poor countries. I just think that bitcoin can only help people who have a problem poverty. for the problem of the country's economy, I think not
full member
Activity: 238
Merit: 100
it's showtime
October 11, 2016, 07:12:18 AM
no. I wonder why people always raise this question, people in poor countries generally do not have the technology, nor the education to use bitcoin

That's why the world is this crappy shit, try to read some replys, try to learn more about the blockchain, there's a lot of good ideas over here, a lot of than are easy to do and also you can see people already helping others Wink

Some first world people don't deserve the food that they eat.
hero member
Activity: 1610
Merit: 507
October 11, 2016, 04:10:35 AM
no. I wonder why people always raise this question, people in poor countries generally do not have the technology, nor the education to use bitcoin

but we can still help people by withdrawing the fund that have collect into fiat and then we can buy them for food, clothes, medicine, and others and i think its really help poor countries. especially if we support them to build the technology so they will be available to grow and can use the technology for their country.
sr. member
Activity: 406
Merit: 250
October 11, 2016, 04:03:23 AM
yes in one sense it can help poor people, but poor have no facilities of computer and internet, therefore bitcoin is not so much profitable to them as they have no access to bitcoin,

Indeed it could help poor people problem is bitcoin is so digital that it would be difficult to actually reach out to the poor people.
Maybe it can help in different ways like setting up fund raisers so we can donate.
hero member
Activity: 714
Merit: 500
Me, myself and I
October 11, 2016, 03:52:51 AM
It seems that it is very greatly increase the possibility of bitcoin. Of course, for a man who knows what it is, bitcoin can benefit, but it does not mean that if it benefits one will get it all.
Poor any money to help. A poor country which has no infrastructure, I do not think he could cope with bitcoin.
yeah that's a trouble has face by the people who live at poor countries no infrastructure at their will make them can't earn bitcoin.
sr. member
Activity: 280
Merit: 253
October 11, 2016, 03:49:04 AM
Crypto currency is just another form of money and not a magic which will help this problem. So my answer is NO. Bitcoin or any other crypto currency will not be able to help the poor countries.

However, if the people of the country wants to start their own business with bitcoin, probably that person will be able to help himself. He may be able to change his own situation and nothing else. It can't help the mass in any way unless someone donates to them.

But always remember. You cannot start your own business without a capital.
If this person had a capital, he could have started his business a long time ago even not with bitcoin.

That' the point, a good idea can earn money, whatever the currency, fiat or crypto.

Money make money, and that's why they still poor.
I think money can make a country become alive again. the wealth of every person in a country can make it back in the developing countries, so bitcoin would be devastating for a country when that country has a bitcoin users
i do not see why? do you mean because you think you do not have to pay taxes with bitcoin? because you do have to pay them just the same as with fiat.
and if you decide to open up a business with bitcoin in the country then you will pay taxes and create jobs just the same as with fiat. i see not why bitcoin should hurt.

At the end of the day, you will pay the same taxes and fees, you have to use a exchange to buy/sell the coin, it's only possible cut off this taxes if you can use only bitcoin for receive/send but there's few spots that accept the coin...

and well, you have to pay taxes to the government whatever if it's bitcoin or fiat...
I think bitcoin can help people in poor country by make them investing their money in bitcoin investments. We are know that investing in bitcoin is do not need capital and no taxes becouse bitcoin have anonimity. The goverment will not know who have bitcoin.
you just told people that it is ok to not pay taxes because the government will not find out. are you for real?
first of all they can find out. especially if you have no idea what you are doing. second do you want bitcoin to be associated with criminal activity?
hero member
Activity: 532
Merit: 500
October 10, 2016, 10:27:10 PM
yes i think because you can not steal someone bitcoin or money without a private key you can also see like the government address to check if they using the money right and not stealing it
I think this is not about stealing money? because if the country is poor economy certainly they are very low.
if bitcoin want to help the country make it at least to be able to move again might make many people rich
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