Topic: Can Bitcoin help poor countries? - page 5. (Read 73851 times)
More never sounded idea how it figuratively Bitcoin help poor countries. It is one thing to give someone a donation, and it is not sure that they get a poor man, and the other to lift the country from poverty using Bitcoin.
For the country i think it is very hard but individual people it can because not all people in the countries can access bitcoin since poor people can not afford to but gadgets and they will prefer to buy foods to live longer.
Yes that's the main problem for those poor countries they don't even know how to use some gadgets such as computer,laptops and other things with is associated with technology. Because their education system is not even reaching those people who are really in need for many of them are living in depressed area.
I'm not having some misconceptions with that, I'm just pointing out the real actions and that's happening for those poor countries. Education is needed to use gadgets because it is now being used by many schools all over the world and what I'm pointing out is those people living in poor countries aren't able to touch gadgets and they need to spend their money just to be able to survive by buying foods also because they are living far from the city, I'm talking about the depressed area, where there is no electricity, no light, no power, no internet.
Are you sure about that? Maybe you should to watch some documentaries about those people friend. They are many of them and they are really considered as the poorest people in the world. It is not their own choice to live there, because they were born there and they grew up with that type of community.
and i do not need to watch documentaries. i prefer to go see for myself. you see on these documentaries starving children, but this means there is no food, because of a shortage. it is still possible that they have a smartphone. why would they have no phone? because they are starving? most people think they have no money for food. if they would have a smartphone they could sell it and buy some food, right?
that is not the problem they have. if there is no food to buy, then you can sell all the smartphones you want and you still could not buy something to eat.
1) Heart - The willingness to learn and do new thing in other to make genuine money cos people can achieve a lot with heart willingness
People in poor countries have other things to worry about as they struggle everyday just to feed themselves. They are stuck to the insanely low paying job which directly consumes around 10-12 hours of their day. It will be difficult for them to find time to learn/educate themselves while they in the same time can earn money barely enough to feed their family.
2) Language - There must be a good translator for good means of communication. Besides, not all the people on this forum can speak English and that why we have different language thread to help people.
Google translator is the most common and easiest form of translating for people. Exactly that is also a problem since you can easily spot people that are making use of it. It mostly ends up in posts that don't make sense, where after that they get deleted by a moderator.
3) Tools - This is where the act of voluntary or involuntary occurs. Per involuntary there will be a means where people are provide the right tools and they later pay back the money by 10-50% they make.
I can gree that helping people in the way that they get some sort of a starters loan to set up something where they can maintain themselves, and eventually leave poverty behind. I think this is the best possible form of help as they can later employ people themselves as they grow. This however doesn't really require people to make use of Bitcoin.
For the country i think it is very hard but individual people it can because not all people in the countries can access bitcoin since poor people can not afford to but gadgets and they will prefer to buy foods to live longer.
Yes that's the main problem for those poor countries they don't even know how to use some gadgets such as computer,laptops and other things with is associated with technology. Because their education system is not even reaching those people who are really in need for many of them are living in depressed area.
I'm not having some misconceptions with that, I'm just pointing out the real actions and that's happening for those poor countries. Education is needed to use gadgets because it is now being used by many schools all over the world and what I'm pointing out is those people living in poor countries aren't able to touch gadgets and they need to spend their money just to be able to survive by buying foods also because they are living far from the city, I'm talking about the depressed area, where there is no electricity, no light, no power, no internet.
I come from a poor country..
And BTC helps me a lot.
We can't accept PP payments,so imagine now what BTC does for us.
And BTC helps me a lot.
We can't accept PP payments,so imagine now what BTC does for us.
It's a good idea, all people will be easy to send money so that aid to poor countries be receive directly. From the other side of the economy can also be utilized for the mining venture bitcoin.
Honestly it's true, with the support of the government it would be possible to help poor nation but they have to sacrifice the current player in the remittance business. With bitcoin it's cheap and fast so I do not find any reason why this should not be supported.legalization of the government will be like a dream to me
For a person bitcoin can surely help him but in a country thats a next level.Bitcoins cannot support a whole country.Bitcoins doesnt have magic to fix an issue in a whole country
For the country i think it is very hard but individual people it can because not all people in the countries can access bitcoin since poor people can not afford to but gadgets and they will prefer to buy foods to live longer.
Yes right. we can not tallk about some poor country directly but for some people in that poor country bitcoin can really help and became a normal work. But there are many places in poor countries, villages where there is no internet or gadgets that allow people to make their bitcoins freely.
i do not know how you define poor people or a poor country, but you have some misconceptions about that. you do not need to be educated to use those technical gadgets and you do not need much money to buy them. i think you are thinking of the super extremely poor, but they are just a minority.
You are absolutely spot on. Nowadays, smartphones are available for just $45 or $50 apiece (used smartphones are available for as little as $10). The data packs are also getting very cheap. Those who can't afford these will be a very small minority. IMO, 99% of the world population can afford a smartphone.
But it's not the same thing. You can have a cheap one, but you won't be able to access all the good (and heavy) features of most expensive and elaborated smartphones and any other electronic thing.
I have here a cheap table, and it's very weak and it's just useful for access some light sites on the internet (those without a lot of banners, ads...). Surely, the new times are better than before if we think about technology and accessibility, but the poor countries and people still don't have access to the best featuers of our time.
i do not know how you define poor people or a poor country, but you have some misconceptions about that. you do not need to be educated to use those technical gadgets and you do not need much money to buy them. i think you are thinking of the super extremely poor, but they are just a minority.
You are absolutely spot on. Nowadays, smartphones are available for just $45 or $50 apiece (used smartphones are available for as little as $10). The data packs are also getting very cheap. Those who can't afford these will be a very small minority. IMO, 99% of the world population can afford a smartphone.
But it's not the same thing. You can have a cheap one, but you won't be able to access all the good (and heavy) features of most expensive and elaborated smartphones and any other electronic thing.
I have here a cheap table, and it's very weak and it's just useful for access some light sites on the internet (those without a lot of banners, ads...). Surely, the new times are better than before if we think about technology and accessibility, but the poor countries and people still don't have access to the best featuers of our time.
i do not know how you define poor people or a poor country, but you have some misconceptions about that. you do not need to be educated to use those technical gadgets and you do not need much money to buy them. i think you are thinking of the super extremely poor, but they are just a minority.
You are absolutely spot on. Nowadays, smartphones are available for just $45 or $50 apiece (used smartphones are available for as little as $10). The data packs are also getting very cheap. Those who can't afford these will be a very small minority. IMO, 99% of the world population can afford a smartphone.
For the country i think it is very hard but individual people it can because not all people in the countries can access bitcoin since poor people can not afford to but gadgets and they will prefer to buy foods to live longer.
Yes that's the main problem for those poor countries they don't even know how to use some gadgets such as computer,laptops and other things with is associated with technology. Because their education system is not even reaching those people who are really in need for many of them are living in depressed area.
For the country i think it is very hard but individual people it can because not all people in the countries can access bitcoin since poor people can not afford to but gadgets and they will prefer to buy foods to live longer.
Yes that's the main problem for those poor countries they don't even know how to use some gadgets such as computer,laptops and other things with is associated with technology. Because their education system is not even reaching those people who are really in need for many of them are living in depressed area.
For the country i think it is very hard but individual people it can because not all people in the countries can access bitcoin since poor people can not afford to but gadgets and they will prefer to buy foods to live longer.
Yes that's the main problem for those poor countries they don't even know how to use some gadgets such as computer,laptops and other things with is associated with technology. Because their education system is not even reaching those people who are really in need for many of them are living in depressed area.
Can Bitcoin or any other altcoin help poor countries?
how? what can be done?
i think can , example bitcoin can help my income if bitcoin everyone maybe all person full in their economy so there is not shortcoming and this is positive impact for country how? what can be done?
More than 2 billion adults lack access to financial services such as a bank accounts and credit cards to save and borrow funds, according to the World Bank, with the majority residing in rural areas and typically living below $5 a day.
Actually the post Itself is so general that we can easily say that poor countries with poor people can't reach out about the idea of Bitcoin, why all of the comments in this post are so specific or focusing only to the poorest of the poor of a country?. We know that Bitcoin can help poor countries with the right tool and proper knowledge in spreading it to them but we must think about the positive aspect of life and not disclosing the poor countries that they can't reach or learn this Bitcoin thing.
For the country i think it is very hard but individual people it can because not all people in the countries can access bitcoin since poor people can not afford to but gadgets and they will prefer to buy foods to live longer.
1) Heart - The willingness to learn and do new thing in other to make genuine money cos people can achieve a lot with heart willingness
People in poor countries have other things to worry about as they struggle everyday just to feed themselves. They are stuck to the insanely low paying job which directly consumes around 10-12 hours of their day. It will be difficult for them to find time to learn/educate themselves while they in the same time can earn money barely enough to feed their family.
2) Language - There must be a good translator for good means of communication. Besides, not all the people on this forum can speak English and that why we have different language thread to help people.
Google translator is the most common and easiest form of translating for people. Exactly that is also a problem since you can easily spot people that are making use of it. It mostly ends up in posts that don't make sense, where after that they get deleted by a moderator.
3) Tools - This is where the act of voluntary or involuntary occurs. Per involuntary there will be a means where people are provide the right tools and they later pay back the money by 10-50% they make.
I can gree that helping people in the way that they get some sort of a starters loan to set up something where they can maintain themselves, and eventually leave poverty behind. I think this is the best possible form of help as they can later employ people themselves as they grow. This however doesn't really require people to make use of Bitcoin.
there is a big difference between donation and earning bitcoin, donation is the amount that you give free to the people according to your own choice bitcoin can only provide you opportunity to earn it using different method according to their skill and experience.
If you have taken the effort to read my post properly (which you have not), then you would exactly know what I meant with what I have said. Read again.
They don't need to have money in other to start making money through bitcoin cos the scheme is going to be a voluntary or involuntary scheme where a group of people or duo provide the poor countries all the needs to start doing bitcoin.
Even then, it will only help people on an individual basis, and not on country level. Bitcoin isn't a miracle that is helping people to go from poor to an okay life. Name up a few ways of how people with zero skills and low understanding of the English language can make money with Bitcoin?
1) Heart - The willingness to learn and do new thing in other to make genuine money cos people can achieve a lot with heart willingness
2) Language - There must be a good translator for good means of communication. Besides, not all the people on this forum can speak English and that why we have different language thread to help people.
3) Tools - This is where the act of voluntary or involuntary occurs. Per involuntary there will be a means where people are provide the right tools and they later pay back the money by 10-50% they make.
I dont think this is a good question because how do you think bitcoin can help poor countries do you really think that bitcoins can help them grow if they dont have money for food how would they have money for bitcoins lol.
They don't need to have money in other to start making money through bitcoin cos the scheme is going to be a voluntary or involuntary scheme where a group of people or duo provide the poor countries all the needs to start doing bitcoin.Jump to: