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Topic: Can Bitcoin help poor countries? - page 62. (Read 73851 times)

full member
Activity: 237
Merit: 250
September 26, 2016, 05:58:57 PM
I think bitcoin can't help poor countries because governments are afraid that the price is going to drop of their currency.
of course it can help the poor countries, they can use money without banking then so it would be way easier
full member
Activity: 201
Merit: 100
September 26, 2016, 05:03:37 PM
I think bitcoin can't help poor countries because governments are afraid that the price is going to drop of their currency.
hero member
Activity: 1050
Merit: 508
September 26, 2016, 04:44:47 PM
dont tink so lel, if they are poor i dun think a form of virtual currency helps them
it can actually help them because using bitcoins does not require any banking and so on so i think it would help

It has positive and negative results. Bitcoin due to its anonymity can help money laundering and many more like illegal trades, etc.
sr. member
Activity: 296
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
September 26, 2016, 04:39:31 PM
dont tink so lel, if they are poor i dun think a form of virtual currency helps them
it can actually help them because using bitcoins does not require any banking and so on so i think it would help
full member
Activity: 224
Merit: 100
September 26, 2016, 12:44:50 PM
Can Bitcoin or any other altcoin help poor countries?
how? what can be done?

Apparently yes, it can be.
But the reality  bitcoin was already helped to a poor country, bitcoin is a big opportunity to everyone who are jobless and seeking for job even through internet as long as they earn money for their self and family needs. Bitcoin is the best way in terms of earning money. Its proven and tested..
sr. member
Activity: 364
Merit: 250
September 18, 2016, 06:56:26 PM
i think that bitcoin is already helping poor countries because just bitcoin is the good way that we can earn money in huge amount through bitcoin and there is some ways like Trading , online tasks or etc.

I also think its already helping but I do not think that it can really help poor country's to get rich again or get there economy back on the rail.
The bitcoin is also too small right now to accomplish this maybe in the far future.
hero member
Activity: 756
Merit: 501
September 18, 2016, 06:26:04 PM
Well the people who has bitcoins can donate to such countries, but bitcoin itself help them is quite hard and difficult to believe it will happen.
Sure the people who live at such countries can find at bitcoin the work of their lifes, being a signature earning or any other way, bitcoin is opening doors and can help a lot people as they wanna it.
hero member
Activity: 896
Merit: 514
September 18, 2016, 05:23:38 PM
i think that bitcoin is already helping poor countries because just bitcoin is the good way that we can earn money in huge amount through bitcoin and there is some ways like Trading , online tasks or etc.
full member
Activity: 238
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it's showtime
September 18, 2016, 01:41:49 PM
hey all. Please read, share and up vote our weekly Lets Coexist blog #3

https://steemit.com/charity/@coexist/lets-coexist-blog-3

I was reading it now because you have replied on your coexist thread  Cheesy
I still don't have a Steemit account, I'll create now to share/upvote.
Keep helping Phil!
hero member
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Founder of CoExistCoin
September 18, 2016, 01:33:58 PM
hey all. Please read, share and up vote our weekly Lets Coexist blog #3

https://steemit.com/charity/@coexist/lets-coexist-blog-3
full member
Activity: 238
Merit: 100
it's showtime
September 17, 2016, 12:09:42 PM
Can Bitcoin or any other altcoin help poor countries?
how? what can be done?

Yes, Bitcoin definitely can help people living in poor countries. Here are just two examples how:

1. People from poor countries can earn Bitcoin doing some services online (like coding, photoshopping etc.)

2. They can find something which is cheap in their country but is in demand in rich countries and sell it via post making profits.

Well, you also can do those even without use bitcoin as payment method or currency, so it don't change anything.
Maybe you should think if those poor people don't have internet connection or computer, how bitcoin can help those people?
What if people don't know how to use bitcoin in your saying in number 1. People can do any services without bitcoin this is just a payment method that we could use for online if ever im agree with ETFbitcoin if people don't have internet also how they can start earning bitcoin from internet?

The point is people can have a better rate/hour with bitcoin... Poor countries have a joke minimum wage in their currency.

Yes, that's the point, if the bitcoin or other alt can lead electricity and internet to this countries, of course it will help a lot, well, we just don't know how to link that things
hero member
Activity: 1008
Merit: 540
September 17, 2016, 08:44:57 AM
Can Bitcoin or any other altcoin help poor countries?
how? what can be done?

Yes, Bitcoin definitely can help people living in poor countries. Here are just two examples how:

1. People from poor countries can earn Bitcoin doing some services online (like coding, photoshopping etc.)

2. They can find something which is cheap in their country but is in demand in rich countries and sell it via post making profits.

Well, you also can do those even without use bitcoin as payment method or currency, so it don't change anything.
Maybe you should think if those poor people don't have internet connection or computer, how bitcoin can help those people?
What if people don't know how to use bitcoin in your saying in number 1. People can do any services without bitcoin this is just a payment method that we could use for online if ever im agree with ETFbitcoin if people don't have internet also how they can start earning bitcoin from internet?
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
September 17, 2016, 08:31:29 AM
dont tink so lel, if they are poor i dun think a form of virtual currency helps them

It actually can, by poor country it does not mean that the country does not even has internet connection or computer systems, but means poor by economy or by value of money, and also in such countries people can use bitcoin to help themselves financially.

Even there's an internet connection in the poor country,doesn't mean all of people there could afford an internet connection,i think people who have internet connection only come from middle class to high nor the poor,the poor actually can't even have internet connection
member
Activity: 113
Merit: 10
September 17, 2016, 08:27:16 AM
No it can't help poor countries, as it is just a simple crypto currency
sr. member
Activity: 532
Merit: 250
September 17, 2016, 08:08:42 AM
dont tink so lel, if they are poor i dun think a form of virtual currency helps them

It actually can, by poor country it does not mean that the country does not even has internet connection or computer systems, but means poor by economy or by value of money, and also in such countries people can use bitcoin to help themselves financially.

Yeah it does something that might just be right. Because I see now that most countries already have access to the internet. But not all areas can do it, so that if our goal is to provide assistance then we have to help areas that are already connected to the internet. Because of the site's definitely all regions will have an internet connection and we can help you more easily
hero member
Activity: 756
Merit: 500
September 17, 2016, 08:06:35 AM
dont tink so lel, if they are poor i dun think a form of virtual currency helps them

It actually can, by poor country it does not mean that the country does not even has internet connection or computer systems, but means poor by economy or by value of money, and also in such countries people can use bitcoin to help themselves financially.
sr. member
Activity: 336
Merit: 250
September 17, 2016, 03:52:40 AM
dont tink so lel, if they are poor i dun think a form of virtual currency helps them

Would like to agree with you because poor countries sometimes still do not have electricity on some part of their country.  Their people, some of them have not see, touch, and use computers before.  So bitcoin will not be able to help them since the very basic tools for bitcoin is not yet available in their countries.  But I am sure not all of them do not know how to use computers and still have no internet connection.  Hope that some of their people would know bitcoins so bitcoins can help them in some ways.
legendary
Activity: 1246
Merit: 1000
September 17, 2016, 03:47:12 AM
yes, it is very possible. because with the bitcoin will make everyone easily perform financial transactions. and also they will be easier to get a job.
I do not think so, bitcoin are required gadgets and internet connection to access and to work with and if the people in that poor country can not afford that i think bitcoin can not help them.

True. That will only happen if the government will provide. But that is way impossible. Who will use their funds for a project that he knows might not click. So better stay on the safe zone and just keep the money from the people.
In general it will help the poor countries under the remittance aspect, when you transfer money from poor countries you will have to pay a big charges to the sharks(big remittance center) so if they will use bitcoin they will be able to save and their economy will progress.

If you cut out the middle man, both the remitter and remittee benefit.
Technology results in both sides benefiting.  Smiley
hero member
Activity: 1568
Merit: 511
September 17, 2016, 02:12:54 AM
dont tink so lel, if they are poor i dun think a form of virtual currency helps them
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
September 17, 2016, 12:54:10 AM
yes, it is very possible. because with the bitcoin will make everyone easily perform financial transactions. and also they will be easier to get a job.
I do not think so, bitcoin are required gadgets and internet connection to access and to work with and if the people in that poor country can not afford that i think bitcoin can not help them.

True. That will only happen if the government will provide. But that is way impossible. Who will use their funds for a project that he knows might not click. So better stay on the safe zone and just keep the money from the people.
In general it will help the poor countries under the remittance aspect, when you transfer money from poor countries you will have to pay a big charges to the sharks(big remittance center) so if they will use bitcoin they will be able to save and their economy will progress.
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