Can Bitcoin help poor countries? - page 76.

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Quote from: emberbekas on September 01, 2016, 03:07:57 AM

Bitcoin, just like other currencies is only a tool. It cant help anybody by itself. It depends on the person who uses that tool. So, bitcoin cant help poor countries if those countries dont make any action regarding bitcoin. It seems complicated but thats the truth!

Ooohhh. Best I have ever read and it is the truth. Just like how they are saying to hate bitcoin. How could you hate a thing? It is the tool for some bad intention of people who wants to create money in a faster but evil way.

Same with how it will help someone. Use it as a tool to help you first then your country.

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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?

Not sure about helping poor countries but bitcoin really helps a lot of people that are quite not rich enough to have a good life because they cannot earn much but bitcoin helps them earn some extra money to live their lives in quite a better way then usual.

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It's actually the only realistic way that all those poor countries can ever join the world economy. Banks will never find profit in banking the more than 4 billion people that is outside the global market. Here is where bitcoin will shine the most and the marketcap will go x1000.

MaritiJames3

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Yes bitcoin can help poor countries. Isn't it an option to make this the global currency and have all the money worth the same? makes it easier for poor countries probably but I'm not sure though this ain't my best subject haha.

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well, I guess you can always earn bitcoin online no matter where you live. there is always freelance jobs that you can take and do online, there is always mining which is mostly mining altcoins especially if you have a cheap electricity which is the case in most of these countries. and also there is always trading and making money that way.
so bitcoin can be a good second income for everybody to help them financially and with no restriction about where you live.

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Quote from: X-ray on September 01, 2016, 08:18:24 AM

Quote from: randy8777 on September 01, 2016, 08:15:25 AM

for a decent number of people there bitcoin can make their life a bit easier. a lot people there don't have the right documents, or no documents at all to open a bank account. and in case some one does manage to open one, they are tied to paying fees that for their level of income is massive. with bitcoin you can create as many bitcoin addresses for free as you want. there are no monthly or weekly fees involved. in that aspect bitcoin can be quite helpful.

in poor country so many people don't pay taxes,they just care about the money and food,they're rarely opening bank,and the amount of bitcoin adresses have nothing to do with the poor economy,so all of the point is such a useless reason that bitcoin could help poor countries

I agree imo poor countries are hard to help with just currency it's usually the government which is not functioning on a normal level either. So I'm not sure what bitcoin could mean for poor countries.

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Quote from: groll on September 01, 2016, 08:08:44 AM

Certainly it will help poor countries. If people from that country woild know how bitcoin works and how can everyone make an income with it then it could help poor countries. People will find a way to make a living even it is just a penny but if you are hardworking then for sure you could earn pretty good amount of bitcoin. It will maybe also lessen the numbers of crime in that country because many people were so busy earning bitcoin.

yeah it would definitely help all the people because they wouldnt require any banking and besides that in my opinion they would be masters of their own money

agamasrori

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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. If goverment help people to conect to internet,the online market will grow up then many investors will come that help poor countries. And ofcourse they should be use bitcoin as payment method becouse bitcoin has no inflation.

Imoote

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I think bitcoin can not help the poor countries because it had no effect. But if bitcoin help people who have little income I suppose it could be. Crypto will not have any affect on the economy of a country.

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Quote from: X-ray on September 01, 2016, 08:18:24 AM

Quote from: randy8777 on September 01, 2016, 08:15:25 AM

for a decent number of people there bitcoin can make their life a bit easier. a lot people there don't have the right documents, or no documents at all to open a bank account. and in case some one does manage to open one, they are tied to paying fees that for their level of income is massive. with bitcoin you can create as many bitcoin addresses for free as you want. there are no monthly or weekly fees involved. in that aspect bitcoin can be quite helpful.

in poor country so many people don't pay taxes,they just care about the money and food,they're rarely opening bank,and the amount of bitcoin adresses have nothing to do with the poor economy,so all of the point is such a useless reason that bitcoin could help poor countries

you're a good example of a sig spammer. read my post before coming up with nonsense. you didn't understand a single thing of what i said.

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Quote from: randy8777 on September 01, 2016, 08:15:25 AM

for a decent number of people there bitcoin can make their life a bit easier. a lot people there don't have the right documents, or no documents at all to open a bank account. and in case some one does manage to open one, they are tied to paying fees that for their level of income is massive. with bitcoin you can create as many bitcoin addresses for free as you want. there are no monthly or weekly fees involved. in that aspect bitcoin can be quite helpful.

in poor country so many people don't pay taxes,they just care about the money and food,they're rarely opening bank,and the amount of bitcoin adresses have nothing to do with the poor economy,so all of the point is such a useless reason that bitcoin could help poor countries

randy8777

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for a decent number of people there bitcoin can make their life a bit easier. a lot people there don't have the right documents, or no documents at all to open a bank account. and in case some one does manage to open one, they are tied to paying fees that for their level of income is massive. with bitcoin you can create as many bitcoin addresses for free as you want. there are no monthly or weekly fees involved. in that aspect bitcoin can be quite helpful.

groll

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Certainly it will help poor countries. If people from that country woild know how bitcoin works and how can everyone make an income with it then it could help poor countries. People will find a way to make a living even it is just a penny but if you are hardworking then for sure you could earn pretty good amount of bitcoin. It will maybe also lessen the numbers of crime in that country because many people were so busy earning bitcoin.

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Quote from: Yutikas_11920 on September 01, 2016, 07:10:11 AM

Quote from: davis196 on September 01, 2016, 06:15:12 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?

I don`t think that bitcoin or altcoins can help poor countries in any way.

They are just cryptocurrencies.

Poor countries need specific economical policy amd more forin investors.

It may look impossible. But it also depends on the situation. If indeed the circumstances or situation strongly support the existence of the bitcoin users to help poor countries, then I am sure it will definitely happen. Bitcoin is not currency that bad friend!!, you can benefit by using bitcoin or save it

yeah bitcoin is not that bad currency but a currency will still remain a currency and can't spend itself to help the poor because a currency doesn't have a brain,and any cryptocurrency definitely have nothing to do with the poverty,there's a charity that use bitcoin but people rarely donate so it,and also to get cryptocurrency you will need money and those poor doesn't even have money so can feel the benefit of bitcoin

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Quote from: davis196 on September 01, 2016, 06:15:12 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?

I don`t think that bitcoin or altcoins can help poor countries in any way.

They are just cryptocurrencies.

Poor countries need specific economical policy amd more forin investors.

It may look impossible. But it also depends on the situation. If indeed the circumstances or situation strongly support the existence of the bitcoin users to help poor countries, then I am sure it will definitely happen. Bitcoin is not currency that bad friend!!, you can benefit by using bitcoin or save it

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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?

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.

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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?

I don`t think that bitcoin or altcoins can help poor countries in any way.

They are just cryptocurrencies.

Poor countries need specific economical policy amd more forin investors.

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Quote from: GregH37 on September 01, 2016, 01:35:06 AM

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.

Good example is me, I m not poor but I m son of a small shopkeeper so putting my money on bitcoin is risky still with courage I did and now I m earning good sum. One more thing , bitcoin could indirectly help a county's economy.

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Quote from: adibe on September 01, 2016, 04:50:45 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?

The problem is how bitcoin help poor countries ? Bitcoin is works like fiat and i think bitcoin can't do anything to poor countries. Bitcoin is not free money and you need works to earn it.

I'm not talking bitcoin is a free money..
Think in that way: You live in a poor country and for example you create sites, and for that job you earn $1/hour, $8/day, 240$/month. (USD)
So now you discover a freelancer site base in bitcoin, and you can earn now $5/hour, 5x more.
Something like that Wink

Quote from: safari88 on September 01, 2016, 03:49:27 AM

Quote from: royalpalm on September 01, 2016, 03:44:12 AM

Quote from: GregH37 on September 01, 2016, 01:35:06 AM

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.

more precisely to help the poor people who really creative and able to evolve with the technology such as bitcoin. if they are less intelligent, it's useless, they will not get good results from bitcoin.

Because you live in a poor country you have to be less inteligent? Shocked

It's all about opportunities.

Quote from: xuan87 on September 01, 2016, 04:37:58 AM

well i kind of doubt it can help poor countries, but at least bitcoin can prevent the poverty rates, bitcoin has already help so many people in economic, but it cant make people rich, one of the way for bitcoin to help poor countries is by held a donation and the give to the poor countries

Isn't about get rich, it's only about a better life.

Quote from: drwtsn32 on September 01, 2016, 04:47:15 AM

Bitcoin cannot directly help them. But someone good who is willing to use bitcoin to help is a good idea.
It has a lot of functionalities that can be useful to anyone, for anyone.
Too bad that it is more used in illegal activities.

Yeap, unfortunaly a lot of people use bitcoin to illegal activities, gamble or just faucets... Or think bitcoin is free money or scam... Or just speculation value.

We have to think big.

Quote from: Jeemee on September 01, 2016, 05:11:12 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 or any other altcoin cannot help any poor countries but these digital currencies can surely help poor people who uses bitcoin in the aspect of financial status. And every individual needs to work in bitcoin for as bitcoin helps every individual.

TBH, I am poor and I am using bitcoin to help me in my daily expenses. And it was really great that I came to know bitcoin and this community.

Yeap, is easy and good to receive in bitcoins, right?

Now, what's the next step? What can we create to interact with bitcoin to help our lives?

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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 or any other altcoin cannot help any poor countries but these digital currencies can surely help poor people who uses bitcoin in the aspect of financial status. And every individual needs to work in bitcoin for as bitcoin helps every individual.

TBH, I am poor and I am using bitcoin to help me in my daily expenses. And it was really great that I came to know bitcoin and this community.

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