Can Bitcoin help poor countries? - page 71.

jack1111

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Quote from: prabowo96 on August 31, 2016, 10:59:24 PM

Can Bitcoin or any other altcoin help poor countries?
how? what can be done?

From my point of view , Bitcoin can be used either for help poor people or help evil people , it is like any currency but Bitcoin can be untraceable , and this feature used to support many illegal actions , even Bitcoin used for supporting the terrorism in europe and the middle east according to some reports , that can not eliminate the useful and important optiones which Bitcoin provide in the legal cases .

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BTC enables people to do transactions with each other from different sides of the world. It does not grant more people internet access, but people who have internet access can deal with far away companies easily thanks to BTC. That is very good because individuals of a poor economy can invest into cryptocurrency that could have a relatively high return.

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if many poor people hold bitcoin and then the price skyrocket because rich people buy bitcoin, i think yes, because those poor people will become rich, the same can be true if a nation will adopt bitcoin, and it's a poor nation

gilangIDR

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Quote from: iqlimasyadiqa on September 04, 2016, 06:56:30 AM

I think it's very possible. the severity and ease of bitcoin, some people who live in poorer areas can make their work more widely.
they can work online with bitcoin trading. it will help them become better economy.

correctly . with bitcoin then everyone can work whatever. they will be easier to get a job. because the main factors of a country to be poor is the least employment.

rinhunter

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certainly, bitcoin easily obtained. i think this would help people in the poor country who don't have a job.
because in poor country too hard to find a job.

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Quote from: bravehearth0319 on September 04, 2016, 06:35:26 AM

Quote from: prabowo96 on August 31, 2016, 10:59:24 PM

Can Bitcoin or any other altcoin help poor countries?
how? what can be done?

Bitcoin cannot help I think the poor countries. But if all citizens in the poor country will open their mind into this kind of digital currency that poor country might gonna be have a chance to be free in poverty and help their government in some other aspects of bitcoin.

of course it can, it offers countries a decentralized currency that a lot of people would like to use for sure, and it is really easy to be honest

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Quote from: prabowo96 on August 31, 2016, 10:59:24 PM

Can Bitcoin or any other altcoin help poor countries?

No, obviously.

Quote from: prabowo96 on August 31, 2016, 10:59:24 PM

how?

Well, I, uh...

Quote from: prabowo96 on August 31, 2016, 10:59:24 PM

what can be done?

It just can't. Unless, well, if you knew how to 'exploit' the Bitcoin, in some way, that could beneficial the "poor countries".

iqlimasyadiqa

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I think it's very possible. the severity and ease of bitcoin, some people who live in poorer areas can make their work more widely.
they can work online with bitcoin trading. it will help them become better economy.

pocarime32

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I think yes. People that jobless in poor countries can find a job or at least can earn money with bitcoin. So that jobless people can earn money and can earn a living with bitcoin.

thepo1m

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Yes, is even evidence in countries like Venezuela, Brazil, Argentina and Nigeria, it helps in remittance payment, against Government regulation (Uber in Argentina) and again as a save haven when the local currency take a dive against dollar

rababo

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In my opinion, of course it can. Bitcoin is just another form of money. We can make a project like donation or charity program and the donatur donate with bitcoin. And the program target is to help people in those poor countries.

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Quote from: Betwrong on September 04, 2016, 03:23:10 AM

Quote from: prabowo96 on August 31, 2016, 10:59:24 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?

chixka000

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I think if we are going to pursue mining then it can really help some poor people, if someone can provide them things they can used for mining and teach them how it is easily done. You don't have to be smart enough to mine in my own opinion

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Quote from: prabowo96 on August 31, 2016, 10:59:24 PM

Can Bitcoin or any other altcoin help poor countries?
how? what can be done?

Bitcoin cannot help I think the poor countries. But if all citizens in the poor country will open their mind into this kind of digital currency that poor country might gonna be have a chance to be free in poverty and help their government in some other aspects of bitcoin.

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Quote from: Gaswuwade on September 02, 2016, 07:52:44 AM

it might be a useful way to earn money for the citizens of these countries since the BTC world is filled with earning opportunities, it also can help countries under economical restrictions since this is an open-source currency and every country can get it and send transactions with it.

Yeah bitcoin might help people to have money everymonth if they are going to learn more about bitcoin because i am also a poor and i start using bitcoin where i can earn not that much atleast i can say that i earn and i hold my bitcoin to invest so that i can grow more countries are banned bitcoin for some reasons

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Quote from: prabowo96 on August 31, 2016, 10:59:24 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.

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The problem is that Bitcoin is not so available to the poor countries. To expect some substantial help this have to be a project on a larger scale supported by governement and community but that is not very likely.

septian44

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solutions to help poor countries with bitcoin all countries should cooperate accept bitcoin the most important public use for trade and payments,I believe the country economy will slowly forward and at least reduce slightly poverty in the country could there needs to be a community in a state support for poor countries with bitcoin.

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I am not sure Bitcoin can help poor countries, but bitcoin can help each person in poor countries who smart and know how to earn bitcoin.

Foref1982

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The fact that alot of countries is poor has historical reasons. I think, Bitcoin will not solve all of these reasons like the organizations who are getting people work for much lower salaries than the people do the same work for in developed countries, but it could help, for example, to keep trace of the charity money.

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