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Topic: Can Bitcoin help poor countries? - page 57. (Read 73851 times)

full member
Activity: 140
Merit: 100
September 29, 2016, 10:11:23 AM
Yes. Can. Educated men and women who are unemployed, are seeking for careers. Yes. Bitcoin forum made so many unemployed employed. Many experience living a comfortable life with BTC earnings. I wish bitcoin should reach every corner and make many lives live with everything required.
legendary
Activity: 2982
Merit: 1506
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September 29, 2016, 07:01:44 AM
If it means bitcoin can help poor countries become rich someday, then it cant. But if the question is "can bitcoin make people's life in poor countries become easier?", the answer is yes. I think thats one of the purposes why bitcoin is created.
No, bitcoin has all the potential to help both country and its people. It may help a country by re-infrastructure its financial system, like what was prescribed to Greece when it had faced economical crisis last year.
Similarly bitcoin might help a country's people, to earn better by providing them some proper opportunities up to their knowledge and feasibility.
Even tho bitcoin could help the country, the government wont let it happen imo, since they cant control it. And there is still no proof that bitcoin has helped and solved the financial problem of a country like Greece. Well I got this interesting article about the potential of bitcoin in economy development.
hero member
Activity: 742
Merit: 500
September 29, 2016, 06:12:18 AM
Yes.Bitcoin can change the economic state of people living in poor countries.You see people in poor countries struggle to earn for their living every day. There, rich becomes more rich and poor becomes more poor.Rich people grab most of opportunities of earning.Poor people stay helpless. If they start using bitcoins, they could change their financial condition and start living a worthfull life.
legendary
Activity: 1526
Merit: 1179
September 29, 2016, 06:00:38 AM
Can Bitcoin or any other altcoin help poor countries?
how? what can be done?
in my opinion, bitcoin is not enough to help a poor country because bitcoin will not be able to help poor countries if the system of government is broken. so that the state of poverty then the country should also improve its systems
that's right,even if someone just donate a ton of dollars in poor country to help the poor but the government still broken then there will be another people turning into poor as the effect of broken government.corruption,nepotism and anything bad still in the countries by the way
Good point. The governments there are the main problem for poor countries to stay exactly there where they are.

There is no intention to make their country's economy rise up and make people less poor and give them the opportunities they need.

These corrupt politicians are only feeding themselves while they drive around in the most expensive cars with suits worth more than the people in that country will ever see.
sr. member
Activity: 350
Merit: 250
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September 29, 2016, 05:58:42 AM
Can Bitcoin or any other altcoin help poor countries?
how? what can be done?
in my opinion, bitcoin is not enough to help a poor country because bitcoin will not be able to help poor countries if the system of government is broken. so that the state of poverty then the country should also improve its systems
that's right,even if someone just donate a ton of dollars in poor country to help the poor but the government still broken then there will be another people turning into poor as the effect of broken government.corruption,nepotism and anything bad still in the countries by the way

Agree! Government takes place! Corruptions makes the country poor! . Though as a single person if you are just saying that im poor because of my living bitcoin could help you from your daily lives but if we are talking about the country it self it is very difficult to say but in individual beings it could really help a lot.
legendary
Activity: 3010
Merit: 1028
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September 29, 2016, 05:43:33 AM
Can Bitcoin or any other altcoin help poor countries?
how? what can be done?
in my opinion, bitcoin is not enough to help a poor country because bitcoin will not be able to help poor countries if the system of government is broken. so that the state of poverty then the country should also improve its systems
that's right,even if someone just donate a ton of dollars in poor country to help the poor but the government still broken then there will be another people turning into poor as the effect of broken government.corruption,nepotism and anything bad still in the countries by the way
hero member
Activity: 546
Merit: 500
September 29, 2016, 05:38:13 AM
Can Bitcoin or any other altcoin help poor countries?
how? what can be done?
in my opinion, bitcoin is not enough to help a poor country because bitcoin will not be able to help poor countries if the system of government is broken. so that the state of poverty then the country should also improve its systems
hero member
Activity: 798
Merit: 500
September 29, 2016, 05:30:54 AM
I don't think that it will because people will be too poor to buy bitcoins

Indeed but what if they can earn them trough for example services or forum campaigns. This would create "jobs" for the people by bitcoin. So yes I believe bitcoin can help poor countries.

I think this would be a good idea because in someway you are pumping money and jobs into the country.
But I think it would be to hard to achieve cause 3rd world countries don't even have acces to computers etc if they are poor.
I agree to this too many ways to have bitcoin right now you just need to use good strategy to earn it without loosing of course I can see bitcoin will use some day as salary for any other country for thier job if it's will happen it will easy now to work with many people around the earth.

But the only problem is if they are paid using bitcoin in their salary is that the unstable price of bitcoin. If the price is always going up then it is nice but if its  going down it is really bad!

It can really help im using bitcoin as a sideline Cheesy then i could earn and it can help in my daily lives
sr. member
Activity: 476
Merit: 250
September 29, 2016, 05:25:12 AM
Bitcoin is digital money. If these poor countries don't have the means to mine coins themselves or earn via some other way what will change if they adopt Bitcoin or any other crypto currency? I think basically nothing. To make more money you need money initially. If they are poor from the start they will continue to be poor for a very long time with or without Bitcoin. 

I feel very sad about this but I must admit that this is a good way of putting it.
I can feel those poor people, because I'm also in a "near-poor" state of living. You really cannot make tons of money if you do not invest a decent amount from the start. That's why some people try their luck with lotteries.
hero member
Activity: 910
Merit: 501
September 29, 2016, 05:06:31 AM
bitcoin is just a currency imo, it can't help countries directly but it can provide an easy and cheap way to conduct transactions and therefore indirectly helping and allowing poor countries to send/receive and possibly improve there local currency value.
I agree, in my opinion bitcoin will help people of poor countries, they can become freelancer of bitcoin and getting extra income via trading, mining and other activities that related of bitcoin.

I think that in poor countries you often do not have the possibility to make any kind of business because you have no bank account.
Maybe the people are not accepted by the bank or the bank is too far way.
So no transactions can be made or received by those people.
With bitcoin they can do online payments and receive money. I think that is one step in the right direction.
hero member
Activity: 518
Merit: 500
September 29, 2016, 04:59:07 AM
bitcoin is just a currency imo, it can't help countries directly but it can provide an easy and cheap way to conduct transactions and therefore indirectly helping and allowing poor countries to send/receive and possibly improve there local currency value.
I agree, in my opinion bitcoin will help people of poor countries, they can become freelancer of bitcoin and getting extra income via trading, mining and other activities that related of bitcoin.
member
Activity: 79
Merit: 10
DREAMS ONLINE
September 29, 2016, 04:52:58 AM
Help a poor country means? To grow? I don't think so if it's only bitcoin. Honestly, even bitcoin will be accepted in a country, that country must not depend their economic growth on it. Of course every country has their own ways to be productive and grow, if ever, bitcoin will just be an addition to that. It can help those unemployed citizens individually if they will be giving such effort to learn about it and earn it.
Its really BITCOIN will plying leading role in poor countries by means of promoting employment ,handsome income source ultimately helps to shape the economic condition of that country.
hero member
Activity: 854
Merit: 502
CTO & Spokesman
September 29, 2016, 04:35:50 AM
I don't think that it will because people will be too poor to buy bitcoins

Indeed but what if they can earn them trough for example services or forum campaigns. This would create "jobs" for the people by bitcoin. So yes I believe bitcoin can help poor countries.

I think this would be a good idea because in someway you are pumping money and jobs into the country.
But I think it would be to hard to achieve cause 3rd world countries don't even have acces to computers etc if they are poor.
I agree to this too many ways to have bitcoin right now you just need to use good strategy to earn it without loosing of course I can see bitcoin will use some day as salary for any other country for thier job if it's will happen it will easy now to work with many people around the earth.
newbie
Activity: 36
Merit: 0
September 29, 2016, 04:31:26 AM
bitcoin is just a currency imo, it can't help countries directly but it can provide an easy and cheap way to conduct transactions and therefore indirectly helping and allowing poor countries to send/receive and possibly improve there local currency value.
sr. member
Activity: 336
Merit: 250
Bravity is beautiful.
September 29, 2016, 04:10:51 AM
I don't think that it will because people will be too poor to buy bitcoins

Indeed but what if they can earn them trough for example services or forum campaigns. This would create "jobs" for the people by bitcoin. So yes I believe bitcoin can help poor countries.

I think this would be a good idea because in someway you are pumping money and jobs into the country.
But I think it would be to hard to achieve cause 3rd world countries don't even have acces to computers etc if they are poor.
sr. member
Activity: 672
Merit: 250
September 29, 2016, 04:10:01 AM
Bitcoin is digital money. If these poor countries don't have the means to mine coins themselves or earn via some other way what will change if they adopt Bitcoin or any other crypto currency? I think basically nothing. To make more money you need money initially. If they are poor from the start they will continue to be poor for a very long time with or without Bitcoin. 

They can always earn bitcoins from the free methods available online, i'm sure any poor country would have internet connections or computers, all they need would be information about it that there is a technology that can earn them some extra money every month.
legendary
Activity: 2170
Merit: 1427
September 29, 2016, 04:03:08 AM
yes i think it can help but not so much, because poor countries have no facilities of computers and internet, and without computer and internet we cannot even think about the bitcoin without internet.

Indeed I think it can help out a little bit too maybe by them using the currency the country would get more rich.
Or if they invest in it then they could make money like this also and then the country could be more developed.

People are stuggling to make ends meet there, so how do you expect them to invest in Bitcoin and keep it untouched for a certain period of time while they badly need the money for food and stuff?
legendary
Activity: 2604
Merit: 1036
September 29, 2016, 03:57:47 AM
Bitcoin is digital money. If these poor countries don't have the means to mine coins themselves or earn via some other way what will change if they adopt Bitcoin or any other crypto currency? I think basically nothing. To make more money you need money initially. If they are poor from the start they will continue to be poor for a very long time with or without Bitcoin. 
sr. member
Activity: 420
Merit: 250
September 29, 2016, 02:41:22 AM
yes i think it can help but not so much, because poor countries have no facilities of computers and internet, and without computer and internet we cannot even think about the bitcoin without internet.

Indeed I think it can help out a little bit too maybe by them using the currency the country would get more rich.
Or if they invest in it then they could make money like this also and then the country could be more developed.
hero member
Activity: 1092
Merit: 501
September 29, 2016, 02:33:58 AM
Can Bitcoin or any other altcoin help poor countries?
how? what can be done?

I know that majority of the individual members here will answer no, including me that bitcoin cannot help the poor country in their situation of their poverty. unless the community will adopt the system of bitcoin, I think if that happen their poverty position will have a chance to change.
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