Can Bitcoin or any other altcoin help poor countries?
how? what can be done?
What is your definition of poor? Technically advanced but economically poor ?Or Both ?
Considering a Nation to be technically poor,there is no doubt that bitcoin will turn out to be a fail experiment.If the nation is economically poor,bitcoin wouldn't help boost it's market revenue since not many people will afford buying it.Fact is,bitcoin isn't a magical carpet to a road to richness but an experimental currency to "transform" the traditional transactions.Bitcoin does not create a lot of job opportunities automatically but instead pays for the existing one in a new fashion.
Education, technology, financial... well, everything...
I'm thinking in a way to link bitcoin to deliver technology to this countries because technology can bring education...
Don't know how...
If it is a poor country, let's assume they have no decent internet connection speed or no connection at all.
And we all know that bitcoin is internet-based. Now, even if we are thousands of donors here and we can make hundreds of thousands of bitcoins, how can we deliver it to them? The coins don't fly by themselves. We still need people who are actual volunteers. Just saying.
Can bitcoin/digital currency deliver a better internet connection/technology to this countries? How?
I think so, with the earnings that you can get from Bitcoin, a poor person can really climb his way up using Bitcoins. From a third-world country kid into someone that has achieved his goals. There are tons of excellent tutorials on Youtube, all a person would be needing is an Internet connection and a computer. His investments would be his time, effort, and his drive to really become the person he wants to be. To be serious, I can have a greater income than my professor if I would pursue my Bitcoin journey. Apparently, I have no time for that.
Once a huge scale of people are doing Bitcoin in poor countries, then those huge scale of people would have a source of income. They can get out of poverty by doing Bitcoins.
However faucets isn't a job and don't will save no one...
Maybe online tutorials? If you watch 100% of the video and aswers the questions, you win satoshis? It can help the education in any way?
This monetary system is failed, richer getting more rich, and others are like slaves for them.
The truth hurts.
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.
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.
As much as I detest sig spammers, that's one thing I like about the campaigns, the fact that pay is equal and poor folks can earn a little bit. Unfortunately I think a lot of the earnings go straight to the dice sites.
I think people need to start using birth control and stop having kids they can't feed. That's a problem that bitcoin will never solve. Every time I see starving children in Africa, I want to strangle the parents. Condoms have been around since the beginning of dicks and if they're not available, you can improvise.
Also, bitcointalk is the only site I've ever seen sig campaigns on. I don't expect that particular gravy train to be in operation forever, especially when it gets abused.
I think is about education, that's what they need, not just condoms.
Well, when 1st world countries send donations to poor countries, most or should I rather say, a high percentage of that money goes towards fees to transmit that money. So in the end, MoneyGram or WU or one of these services, makes a ton of profit. If this was send with Bitcoin, the fees will be much lower and these poor people can get a higher percentage of this money. It can also be tracked on the Blockchain, to see if it is going to the correct cause.
very good point.
but sadly i don't see that many charities or humanitarian organizations accepting bitcoin.
actually i was checking out the bitcoin wiki pages the part about donation accepting organizations and i only saw a tiny charity group on the list with none of the bigger charity organizations there!
Well, let's talk to this organizations to accept bitcoin. It will have no taxes and will be easily tracked.
