Topic: Can Bitcoin help poor countries? - page 59. (Read 73888 times)
I believe that Bitcoins can help poor countries in a big way. If you look at the poorest countries in the world, it is evident that banking cartels are making huge amounts of money by exploiting the hard working people who are unfortunate enough to be born there. Even remittance payments are getting fleeced. Western Union sometimes charge as much as 15% of the total amount to send money to third world nations. Bitcoin can eradicate this exploitation.
In my opinion, bitcoin can help poor countries by give a job for many jobless people on poor countries. Many jobless people will earn money with bitcoin and help the country too.
the way you are writing your post, it doesn't make any sense. just read back your post and you'll see it (i hope). bitcoin isn't a miracle that can give people a job out of nothing. for that to happen startups and bitcoin related services need to pop up and hire qualified people. this might help a few individuals, but not the country itself.
Yes definitely because bitcoin could bring digital money to one's country without spending a single penny also so by this poor country could get benefited from bitcoin. But many poor countries are banning bitcoin because they they they could suffer losses.
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.
Can Bitcoin or any other altcoin help poor countries?
how? what can be done?
how? what can be done?
I think that most likely the bitcoin user will help the poor not the bitcoin itself.
In my opinion, bitcoin can help poor countries by give a job for many jobless people on poor countries. Many jobless people will earn money with bitcoin and help the country too.
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I dont think the bitcoin can help poor countries how would they help poor countries if they dont have money to buy bitcoins how are they suppose to help them i dontt see the point of this question.
They can earn it, a poor country doesnt mean that the country does not have internet system or computers at all, but means poor by economy, so the people of that country can learn about the technology of bitcoin and start earning bitcoins online like how we are doing, i personally never have bought any bitcoins but i'm always earning it and it is helping me a lot financially.
True and also in some developing countries electricity may be less price then they can start mining bitcoins and make more profit. One no need to have money to become rich but should know how to earn money then soon or later then can become rich. Bitcoins are one of the ways to make some extra money.
I dont think the bitcoin can help poor countries how would they help poor countries if they dont have money to buy bitcoins how are they suppose to help them i dontt see the point of this question.
They can earn it, a poor country doesnt mean that the country does not have internet system or computers at all, but means poor by economy, so the people of that country can learn about the technology of bitcoin and start earning bitcoins online like how we are doing, i personally never have bought any bitcoins but i'm always earning it and it is helping me a lot financially.
True and also in some developing countries electricity may be less price then they can start mining bitcoins and make more profit. One no need to have money to become rich but should know how to earn money then soon or later then can become rich. Bitcoins are one of the ways to make some extra money.
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.
Earning bitcoin is not that hard, so if a family has an access to computer and internet, I think atleast they could earn few cents of bitcoin.. They could use it to feed themselves... Now, they won't have to buy bitcoin to start, they could earn it, and perhaps it would give them ideas that they could earn in online jobs while they are still looking for a job in real life..
I dont think the bitcoin can help poor countries how would they help poor countries if they dont have money to buy bitcoins how are they suppose to help them i dontt see the point of this question.
They can earn it, a poor country doesnt mean that the country does not have internet system or computers at all, but means poor by economy, so the people of that country can learn about the technology of bitcoin and start earning bitcoins online like how we are doing, i personally never have bought any bitcoins but i'm always earning it and it is helping me a lot financially.
I'm gald to see that there are more proofs to the notion that Bitcoin can help poor countries. I live in a poor country too and I can confirm that Bitcoin helps a lot to some people here financially. Of course there are different levels of what we can call "poor". Unfortunately some people do not have computers and some do not have homes, and some don't have enough water to drink. I don't know how Bitcoin can be helpful in those cases, but if someone has a computer with connection to the Internet Bitcoin definitely can be helpful.
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.
It can help in any ways but as mentioned earlier there are also setbacks. For instance using bitcoin in a poor country allows you to profit thru trading and investing and purchase online at lowers costs but the negative side is that poor government didn't gain any taxes from those transactions and it'll end up losing if majority of its country's transactions are purchases or the flow of money is going out. Besides some corrupt officials and rich people can easily hide their money and transfer it to international banks with some anonymity.
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.
how can the poor buy bitcoin if they don't have money to buy it . or how can they earn or make bitcoin from some basic source if they don't have a necessary device ? . the government should take that responsibility not bitcoin .
I dont think the bitcoin can help poor countries how would they help poor countries if they dont have money to buy bitcoins how are they suppose to help them i dontt see the point of this question.
They can earn it, a poor country doesnt mean that the country does not have internet system or computers at all, but means poor by economy, so the people of that country can learn about the technology of bitcoin and start earning bitcoins online like how we are doing, i personally never have bought any bitcoins but i'm always earning it and it is helping me a lot financially.
i dont think bitcoin or altcoins will help poor countries
some countries not accept not allow it or not know about bitcoin and altcoins
the better way is exchange it to their local currency then help them with that cash or give them food, medicine and clothes
some countries not accept not allow it or not know about bitcoin and altcoins
the better way is exchange it to their local currency then help them with that cash or give them food, medicine and clothes
dont tink so lel, if they are poor i dun think a form of virtual currency helps them
But it could though just think about it how much money people made with low effort or no qualification trough bitcoin.
So why couldn't they do that? If they have acces to a computer and internet then they could for sure get into bitcoin and it would help them.
I dont think the bitcoin can help poor countries how would they help poor countries if they dont have money to buy bitcoins how are they suppose to help them i dontt see the point of this question.
Bitcoin can't help an entire country. but it can surely help the person who use bitcoin if he's poor. and if a country have a lot of bitcoin users then it will surely be beneficial and for that country.
bitcoin need some contribution. if you contribute with bitcoin and crypto currencies . they will reward you for sure. but if you think bitcoin should give you fortune without doing anything just because you are a poor person then keep dreaming.
bitcoin need some contribution. if you contribute with bitcoin and crypto currencies . they will reward you for sure. but if you think bitcoin should give you fortune without doing anything just because you are a poor person then keep dreaming.
You are correct, dude. Btc can help and improve poor people, in Africa, Asian countries. They can make bitcoin by solving captcha, posting and do social campaign. Although the money is not a lot, it still can help to improve their life.
I do not know whether bitcoin or other altcoin can help poor countries. But in my opinion it would not help anything because it will not hurt anything. But to facilitate poor countries to earn income for its residents it could happen.
Yeah, true, it could really help those poor citizens as long as they have access to internet.. It may need a little effort and dedication for bitcoin to lift their way of living. But I think I can't recommend going full time in bitcoin if they find that they are earning because of it, there might still be a good opportunity for them outside.
In some underdeveloped countries the average per capita must be very less so for them making a living with the bitcoin must be much easier.
I do not know whether bitcoin or other altcoin can help poor countries. But in my opinion it would not help anything because it will not hurt anything. But to facilitate poor countries to earn income for its residents it could happen.
Yeah, true, it could really help those poor citizens as long as they have access to internet.. It may need a little effort and dedication for bitcoin to lift their way of living. But I think I can't recommend going full time in bitcoin if they find that they are earning because of it, there might still be a good opportunity for them outside.
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