Pages:
Author

Topic: Can Bitcoin help poor countries? - page 63. (Read 73888 times)

member
Activity: 84
Merit: 10
September 16, 2016, 10:55:36 PM
of course it could, depending on the intentions of each. if you have a lot of bitcoin, you can contribute to the needs of the poor? it depends on your intention is not it? if I have a lot of my bitcoin will be donated to the poor .. hopefully .. Smiley
sr. member
Activity: 462
Merit: 250
September 15, 2016, 02:56:51 AM
Poor countries need a very optimistic government towards new tech so that they can embrace bitcoin like tecnology and support mining bitcoin to generate free foreign currency which they can use to increase their USD holdings to become stronger economically. But most of the poor countries are poor due to corrupt political system and political unsatability and they don't have enough time to consider and learn about bitcoin.
I do believe that Bitcoin can somewhat help some poor countries but only to a certain degree because helping those countries requires allot of money.
It can definitely come with some support but Bitcoin cannot do it alone. 
hero member
Activity: 714
Merit: 531
September 15, 2016, 02:12:15 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.
sr. member
Activity: 377
Merit: 252
September 14, 2016, 08:08:14 PM
Well yes it can help a lot to the poor country's but it depends on the government of a certain country on how they can spread out the uses of bitcoin in terms of using as fiat money.as long that the citizen know the importance of using bitcoin it will help a lot on the economy of a certain country.they just educate them on using bitcoin. 
legendary
Activity: 1162
Merit: 1000
September 14, 2016, 06:59:01 PM
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.
full member
Activity: 238
Merit: 100
it's showtime
September 14, 2016, 06:53:19 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.

Governments will never work with, or incorporate Bitcoin in their with iron fist ruled system. Bitcoin offers the people too much freedom. Exactly something governments don't want you to have. Especially not in poor countries where the governments are corrupt to the core. That's why they are trying to push back Bitcoin to not let their economy "suffer".

What about if they create their own altcoin?
They can have all control...
Well, government always will f**k the people...
full member
Activity: 336
Merit: 100
September 13, 2016, 06:48:23 PM
Can Bitcoin or any other altcoin help poor countries?
how? what can be done?
i think bitcoin can't help poor countries because this currency which is online will not go intself in that part of countries which are poor . but opposite of it , it can help a poor man to earn some money .
legendary
Activity: 1232
Merit: 1091
September 13, 2016, 06:34:21 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.

Governments will never work with, or incorporate Bitcoin in their with iron fist ruled system. Bitcoin offers the people too much freedom. Exactly something governments don't want you to have. Especially not in poor countries where the governments are corrupt to the core. That's why they are trying to push back Bitcoin to not let their economy "suffer".
hero member
Activity: 826
Merit: 502
September 13, 2016, 04:02:24 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.

It is not compulsory that the government should start to earn bitcoins in order to help poor countries, if the people of that country start earning bitcoins then with that the regulation of money on large scale in that country will appear to start and so the government and other people will start to get the opportunity of work and will also get profit.
hero member
Activity: 854
Merit: 500
September 13, 2016, 03:58:19 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
September 13, 2016, 03:15:00 PM
Yes  bitcoin can be use to help the  poor countries but we can start here by helping the needy  in the country were I come we have so many families lost this properties & families through boko haram crisis they are now in idp camps surviving to start a new life and get a new home but presently they dont have much food to eat because our economic is in recession so friends you can donate your little to put food and smiles on one or many families here you can donate to 1GvSYyTybVjGXjJGi8KDXRroxA4o1kZqvU
       

Where do you live?

Have any website or a thing like that to all of us check the project?

It's hard to trust anyone here...
sr. member
Activity: 280
Merit: 253
September 13, 2016, 12:46:15 PM
I think you are confusing bitcoin with some other concept or probably with financial aid or something. See bitcoin is basically next form of money so it is a cryptocurrency. It has some features which uplift the transactions on international level and it transforms the way we use to transact.

Bitcoin won’t do any right or wrong thing but the users would do it, so if someone is donating his bitcoins in poor countries then we can safely say yes it’s helping those countries but that would be the micro case.
Bitcoin will help everyone in the same manner but with some more benefits that traditional money does.

this is also what i always try to say. if bitcoin is just the medium transporting the help, then bitcoin is not helping. if in the process of helping you can replace bitcoin with something different and the outcome is the same, than bitcoin is not helping.
let us say i send bitcoin to a poor country to help, then money could have also done the trick. hence bitcoin did not help.
but if i send bitcoin because they need to be there in 4 hours and it is sunday, then bitcoin is helping since this would not be possible with a bank. 
newbie
Activity: 5
Merit: 0
September 13, 2016, 12:45:52 PM
Can Bitcoin or any other altcoin help poor countries?
how? what can be done?
There is no any country poor.
All countries we have everything not used properly.
Education needed all people .
And bit coin is UNIVERSAL CURRENCY we can used anywhere  Kiss
legendary
Activity: 896
Merit: 1000
September 13, 2016, 12:44:20 PM
I think you are confusing bitcoin with some other concept or probably with financial aid or something. See bitcoin is basically next form of money so it is a cryptocurrency. It has some features which uplift the transactions on international level and it transforms the way we use to transact.

Bitcoin won’t do any right or wrong thing but the users would do it, so if someone is donating his bitcoins in poor countries then we can safely say yes it’s helping those countries but that would be the micro case.
Bitcoin will help everyone in the same manner but with some more benefits that traditional money does.


them being able to use bitcoin instead of their costly ways of doing payments can save them quite some money if you look at it from a monthly point of view. but it will be on a personal level, and not so much on a country level.
hero member
Activity: 938
Merit: 503
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
September 13, 2016, 12:39:55 PM
I think you are confusing bitcoin with some other concept or probably with financial aid or something. See bitcoin is basically next form of money so it is a cryptocurrency. It has some features which uplift the transactions on international level and it transforms the way we use to transact.

Bitcoin won’t do any right or wrong thing but the users would do it, so if someone is donating his bitcoins in poor countries then we can safely say yes it’s helping those countries but that would be the micro case.
Bitcoin will help everyone in the same manner but with some more benefits that traditional money does.


It’s a good way to introduce crypto currencies in some places.
You can see the complete report here: http://www.criptomoedasfacil.com/2016/08/onu-procura-voluntarios-para-incentivar-o-bitcoin-na-africa.html
hero member
Activity: 1190
Merit: 534
September 13, 2016, 12:14:37 PM
I think you are confusing bitcoin with some other concept or probably with financial aid or something. See bitcoin is basically next form of money so it is a cryptocurrency. It has some features which uplift the transactions on international level and it transforms the way we use to transact.

Bitcoin won’t do any right or wrong thing but the users would do it, so if someone is donating his bitcoins in poor countries then we can safely say yes it’s helping those countries but that would be the micro case.
Bitcoin will help everyone in the same manner but with some more benefits that traditional money does.
hero member
Activity: 770
Merit: 500
September 13, 2016, 11:25:17 AM
no i do not thing that bitcoin can help poor countries because the poor countries have no facilities available to them, they cannot even trade bitcoin because they even cannot afford internet and cannot having good amount of money to buy bitcoin ,.
I think the country agrees that the poor have a lot of problems. not only financially but mentally, politics and so forth, but it is at least bitcoin might help the private economy of mass
well of course the poor has a huge variety of problems because everything comes from the fact that they dont have any money, that is the main thing what actually makes them have all the other problems, thats why the poor people should be given a chance to earn money

and bitcoins not only can give a chance them to earn some good money it can also allow them to use banking way easier as you just need internet connection and a mobile phone for that, everything else is done basically for you

so i think that bitcoins can surely help the poor people to solve all their problems especially if bitcoin became mainstream as that would allow all the people to use bitcoins daily and shop online without the need of a bank account
legendary
Activity: 3052
Merit: 1281
Get $2100 deposit bonuses & 60 FS
September 13, 2016, 11:17:54 AM
no i do not thing that bitcoin can help poor countries because the poor countries have no facilities available to them, they cannot even trade bitcoin because they even cannot afford internet and cannot having good amount of money to buy bitcoin ,.

What made you think poor countries don't have facilities?  I think you need to get out of your  cave.  Unlike 20 years ago, computers are way more cheaper than it was that time.  Though I can say people or family may not afford  a high end rig but there is always a second hand that sells for less than 100 USD.  Besides that info, mobile internet maybe expensive but there are promo's that make them avail the service.  Or  if a program is created, government will always use their funds to give less fortunate a way  to participate and earn Bitcoin.
hero member
Activity: 938
Merit: 503
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
September 13, 2016, 11:10:44 AM
The ONU is doing exactly it.
They are searching crypto fans to collect donations to the Africa countries.
This crypto fans will teach some other volunteers about BTC.
legendary
Activity: 2940
Merit: 1083
September 13, 2016, 10:54:31 AM
We can expect help from bitcoin for the poor people who will have access to the internet as with that they will be able to earn like developed countries and so they will be able to support their family financially.

Indeed. Bitcoin can help people alot in poor countries where the minimum wage is like 1$ an hr. This is because bitcoin can make much more profit then this thus creating more wealth between the more poor people and areas. This is the only way bitcoin can help poor countries IMO.

Expanding online jobs could also help. With the use of bitcoin as a payment it might get a little boost to those who just want to work from home. Specially mothers who prefer being with their children while working.
Pages:
Jump to: