Can Bitcoin help poor countries? - page 8.

prabowo96

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it's showtime

Quote from: markyminer on November 25, 2016, 03:46:39 PM

Quote from: Mr. Legendaris on November 24, 2016, 10:47:46 AM

Quote from: serjent05 on November 24, 2016, 10:19:06 AM

Quote from: GregH37 on November 24, 2016, 09:28:31 AM

Quote from: ?? on ??

Quote from: Selly Arumsari on November 22, 2016, 10:29:25 PM

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 think poor country is low income communite so use bitcoin just not to transaction but income too.. to help their income
and goverment have to legal bitcoin

Yes that is going to be the use of bitcoin in poor countries. That's the main reason for them to become poor, because they don't have something for their living. But because of their poorness they need to identify first what are their needs so that they will be able to identify what's going to be the first move for their adoption of bitcoin.

But it is also a fact that even in poor countries where you can hardly find the basic facilities of life, like food, water, electric city security but still there the luxury and entertainment items are very cheap. So, they must have the facilities to use get benefit from bitcoin. They just need a proper knowledge of computer and internet.

But the problem would be the access to this gadgets and internet. If you are making rich people in a poor country richer, you are not helping the country to level up its status. The reason why country is poor is the percentage of the poor people that have no means of meeting the basic or standard way of living. This problem will only be solved if the government centralized its effort of implementing a project that give acces to the knowledge and equipment needed to facilitate or take advantage of bitcoin opportunity.

The best way to help poor countries is change the financial system, we know in the poor countries finance only have some peoples or organizations. Bitcoin will help poor countries if all peoples care.

but to me the more important thing to turn all poor people rich may be more important that to change financial system is to educate them, they will become rich by themselves, as we can see that in most poorer countries the education system is very weeks the education ratio is about zero therefore they need proper education to change their destination.

It's just a dream to make the world equal, for example you can pick all the money of the world and give $1000 to everyone

After a month or a year, one guy will have a million and other will have $1.

The real question isn't to make people rich, just give to everyone a better life. Most problem of the world comes from corrupted politics.

markyminer

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Quote from: Mr. Legendaris on November 24, 2016, 10:47:46 AM

Quote from: serjent05 on November 24, 2016, 10:19:06 AM

Quote from: GregH37 on November 24, 2016, 09:28:31 AM

Quote from: ?? on ??

Quote from: Selly Arumsari on November 22, 2016, 10:29:25 PM

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 think poor country is low income communite so use bitcoin just not to transaction but income too.. to help their income
and goverment have to legal bitcoin

Yes that is going to be the use of bitcoin in poor countries. That's the main reason for them to become poor, because they don't have something for their living. But because of their poorness they need to identify first what are their needs so that they will be able to identify what's going to be the first move for their adoption of bitcoin.

But it is also a fact that even in poor countries where you can hardly find the basic facilities of life, like food, water, electric city security but still there the luxury and entertainment items are very cheap. So, they must have the facilities to use get benefit from bitcoin. They just need a proper knowledge of computer and internet.

But the problem would be the access to this gadgets and internet. If you are making rich people in a poor country richer, you are not helping the country to level up its status. The reason why country is poor is the percentage of the poor people that have no means of meeting the basic or standard way of living. This problem will only be solved if the government centralized its effort of implementing a project that give acces to the knowledge and equipment needed to facilitate or take advantage of bitcoin opportunity.

The best way to help poor countries is change the financial system, we know in the poor countries finance only have some peoples or organizations. Bitcoin will help poor countries if all peoples care.

but to me the more important thing to turn all poor people rich may be more important that to change financial system is to educate them, they will become rich by themselves, as we can see that in most poorer countries the education system is very weeks the education ratio is about zero therefore they need proper education to change their destination.

hulla

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Quote from: Aamir1 on November 19, 2016, 12:39:40 AM

Quote from: Omega Weapon on November 19, 2016, 12:29:06 AM

Quote from: Sithara007 on November 18, 2016, 04:17:17 AM

Quote from: Omega Weapon on November 18, 2016, 12:01:55 AM

Bitcoin is not some kind of magic pill that can solve all the problems of the world but it can help individuals to protect their financial freedom.

When Satoshi Nakamoto created Bitcoin, the real intention was for Bitcoin to become this "magic pill". He hoped that Bitcoin will end the exploitation by the banking cartels. Still a long way to go, but if Bitcoin becomes popular, then it is going to be very bad for the banksters.

Even if bitcoin can help solve a lot of problems it cannot possibly solve all the problems and since bitcoin is such a new technology there is the possibility that new problems arise which are unexpected to everyone.

Bitcoin can only solve some monetary problems of people living in poor countries by providing them a chance to earn an extra income from internet if they can get to know it or if they have access to internet and computers, otherwise bitcoin can be of no use for them unless it becomes useful in physical world.

You're right Aamir and it seems like Omega weapon did not understand the situation cos in the real world money can not solve all problem and so is bitcoin. But, bitcoin will only give the poor countries something like a new link or means of earn money,collecting to the world etc.

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Quote from: stadus on November 24, 2016, 11:52:19 PM

Quote from: mikehersh2 on November 24, 2016, 02:55:19 PM

Maybe as technology becomes more accessible, poorer countries will have easier access to bitcoins and more practical uses for it and ways to earn it

Not all of them as their government does not prioritize bitcoin due to the big problem of poverty, and maybe you are lucky in your country as internet is everywhere but in poor countries I can say that the infrastructures are not really that good yet, so that alone is already a big hindrance for development.

Governments there don't make people sit in poverty and with the lack of proper education without a reason. It's all part of their system where people must be kept in poverty. Poverty is an easy way of enslavement where the elite of that country is earning billions of dollars over the blood sweat and tears from the people there. They don't care about people there. Their only intention is to avoid people from having an option to choose from. If Bitcoin becomes too much of a problem there, they will simply come up with all kinds of ridiculous policies in an attempt to push back Bitcoin. It's a nasty systems where millions of people will never be able to escape from.

blackmachinegun

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Quote from: Mr. Legendaris on November 24, 2016, 10:47:46 AM

Quote from: serjent05 on November 24, 2016, 10:19:06 AM

Quote from: GregH37 on November 24, 2016, 09:28:31 AM

Quote from: ?? on ??

Quote from: Selly Arumsari on November 22, 2016, 10:29:25 PM

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 think poor country is low income communite so use bitcoin just not to transaction but income too.. to help their income
and goverment have to legal bitcoin

Yes that is going to be the use of bitcoin in poor countries. That's the main reason for them to become poor, because they don't have something for their living. But because of their poorness they need to identify first what are their needs so that they will be able to identify what's going to be the first move for their adoption of bitcoin.

But it is also a fact that even in poor countries where you can hardly find the basic facilities of life, like food, water, electric city security but still there the luxury and entertainment items are very cheap. So, they must have the facilities to use get benefit from bitcoin. They just need a proper knowledge of computer and internet.

But the problem would be the access to this gadgets and internet. If you are making rich people in a poor country richer, you are not helping the country to level up its status. The reason why country is poor is the percentage of the poor people that have no means of meeting the basic or standard way of living. This problem will only be solved if the government centralized its effort of implementing a project that give acces to the knowledge and equipment needed to facilitate or take advantage of bitcoin opportunity.

The best way to help poor countries is change the financial system, we know in the poor countries finance only have some peoples or organizations. Bitcoin will help poor countries if all peoples care.

I do not think the financial system we need to fix but the resources and jobs for residents who need to be improved and supplemented, by providing online work on bitcoin, maybe it could save their country

Gifted

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Yes it can. Bitcoin is a good option for storing wealth where governments and/or banks are untrustworthy, restrictive, or unavailable. Here I mean untrustworthy in the most literal sense.It is worth pointing out here that remittances are a major source of cash-flow for families in developing countries who have relatives living in the US or other more developed nations. Bitcoin has a niche use here for very low-cost transfers, provided the recipient has a way to spend bitcoins or convert them to fiat.

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Quote from: mikehersh2 on November 24, 2016, 02:55:19 PM

Maybe as technology becomes more accessible, poorer countries will have easier access to bitcoins and more practical uses for it and ways to earn it

Not all of them as their government does not prioritize bitcoin due to the big problem of poverty, and maybe you are lucky in your country as internet is everywhere but in poor countries I can say that the infrastructures are not really that good yet, so that alone is already a big hindrance for development.

Dudeperfect

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Quote from: prtty2gal2 on November 23, 2016, 02:10:26 PM

Quote from: Dudeperfect on November 22, 2016, 12:20:37 PM

Quote from: agatha818 on November 20, 2016, 05:41:06 PM

hello! Im in a third world country and bitcoin helps me a lot, just have to know the secret on trading and stuff, electricity is expensive here so mining may not be advisable, but since bitcoin has been sloping upward, i was able to make money and planning to buy solar panels to help me with mining, so, yes, i think bitcoin can help poor countries

just have to be resourceful and if you have all the equipments you need

That’s really good news that people around the world is interested in bitcoin and crypto currency technology. Yes, I think you are on a right path with solar panels because it’s going to be more and more difficult day by day to earn profit from bitcoin mining. Make sure you are creating awareness about bitcoin in your friends and family and we have yet to reach that big milestone so let’s put our steps towards it.

Yes, people are adopting bitcoin for their online business as the new generation is really interested in online business, hope that a time will come when majority of people will be using bitcoin even in our local shops for shopping.
This way poor countries economy may get stir up by having new payment system. Usually only triggering is more important, rest of work will be done by people automatically.

Agree with you but we need to push the things in order to bring maximum impact. There is not even a single merchant in my city who accepts bitcoin and the reason is no one has heard about bitcoin. We need more users in order to build a crypto economy and for that, we should build bitcoin / crypto technology awareness. Business follow whatever customer wish and we should focus on customers instead of business to use bitcoins.

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Maybe as technology becomes more accessible, poorer countries will have easier access to bitcoins and more practical uses for it and ways to earn it

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Quote from: Dr.Osh on November 24, 2016, 12:03:32 PM

Quote from: Daniel91 on November 24, 2016, 11:31:44 AM

How to help poor countries?
It's really very complex matter and bitcoin surely can't be main solution.
I think that poor people first need help with food, water, shelter, education, electricity...basic needs.
Only when you fulfill their basic needs, you can educate them about Bitcoin and help them to start.
Main problem in poor countries is also luck of electricity and Internet and without this people can't use Bitcoin.

yeah you're right. it may be able to help a country, however, the people in these countries must understand the electronic device such as a computer and must have internet. it might be a problem if the country is very difficult to see the internet, because it would hamper the country tetrsebut to thrive by using bitcoin

Without support from the government of a given country, it's impossible to make a significant reduction in the poverty that they are suffering from. It's not without a reason that governments there want to keep their country far from moving forwards and developing. It's in their own personal benefit as the money goes there where it shouldn't go. Bitcoin can only help certain individuals when given enough support and education. Otherwise the impact will be zero.

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Quote from: Daniel91 on November 24, 2016, 11:31:44 AM

How to help poor countries?
It's really very complex matter and bitcoin surely can't be main solution.
I think that poor people first need help with food, water, shelter, education, electricity...basic needs.
Only when you fulfill their basic needs, you can educate them about Bitcoin and help them to start.
Main problem in poor countries is also luck of electricity and Internet and without this people can't use Bitcoin.

yeah you're right. it may be able to help a country, however, the people in these countries must understand the electronic device such as a computer and must have internet. it might be a problem if the country is very difficult to see the internet, because it would hamper the country tetrsebut to thrive by using bitcoin

Doamader

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Sure people must focus into their daily needs before bitcoin, but some people are able to join signatures and make some extra income, im not saying to build a farm and focus into those, as electricity conection may fail. People can go to a lan house in the begining pay for some time. Join this forum and in sometime join some signature to start earning low, as they collect some good ammount they can try to get a better account or change to better signature.

Daniel91

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How to help poor countries?
It's really very complex matter and bitcoin surely can't be main solution.
I think that poor people first need help with food, water, shelter, education, electricity...basic needs.
Only when you fulfill their basic needs, you can educate them about Bitcoin and help them to start.
Main problem in poor countries is also luck of electricity and Internet and without this people can't use Bitcoin.

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Quote from: Mr. Legendaris on November 24, 2016, 10:47:46 AM

Quote from: serjent05 on November 24, 2016, 10:19:06 AM

Quote from: GregH37 on November 24, 2016, 09:28:31 AM

Quote from: ?? on ??

Quote from: Selly Arumsari on November 22, 2016, 10:29:25 PM

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 think poor country is low income communite so use bitcoin just not to transaction but income too.. to help their income
and goverment have to legal bitcoin

Yes that is going to be the use of bitcoin in poor countries. That's the main reason for them to become poor, because they don't have something for their living. But because of their poorness they need to identify first what are their needs so that they will be able to identify what's going to be the first move for their adoption of bitcoin.

But it is also a fact that even in poor countries where you can hardly find the basic facilities of life, like food, water, electric city security but still there the luxury and entertainment items are very cheap. So, they must have the facilities to use get benefit from bitcoin. They just need a proper knowledge of computer and internet.

But the problem would be the access to this gadgets and internet. If you are making rich people in a poor country richer, you are not helping the country to level up its status. The reason why country is poor is the percentage of the poor people that have no means of meeting the basic or standard way of living. This problem will only be solved if the government centralized its effort of implementing a project that give acces to the knowledge and equipment needed to facilitate or take advantage of bitcoin opportunity.

The best way to help poor countries is change the financial system, we know in the poor countries finance only have some peoples or organizations. Bitcoin will help poor countries if all peoples care.

Sure it is the best way but it is a long shot to achieve a country fully using bitcoin or anything that is something new. There is history there in those fiats and tradition cannot break that easy.

Mr. Legendaris

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Quote from: serjent05 on November 24, 2016, 10:19:06 AM

Quote from: GregH37 on November 24, 2016, 09:28:31 AM

Quote from: ?? on ??

Quote from: Selly Arumsari on November 22, 2016, 10:29:25 PM

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 think poor country is low income communite so use bitcoin just not to transaction but income too.. to help their income
and goverment have to legal bitcoin

Yes that is going to be the use of bitcoin in poor countries. That's the main reason for them to become poor, because they don't have something for their living. But because of their poorness they need to identify first what are their needs so that they will be able to identify what's going to be the first move for their adoption of bitcoin.

But it is also a fact that even in poor countries where you can hardly find the basic facilities of life, like food, water, electric city security but still there the luxury and entertainment items are very cheap. So, they must have the facilities to use get benefit from bitcoin. They just need a proper knowledge of computer and internet.

But the problem would be the access to this gadgets and internet. If you are making rich people in a poor country richer, you are not helping the country to level up its status. The reason why country is poor is the percentage of the poor people that have no means of meeting the basic or standard way of living. This problem will only be solved if the government centralized its effort of implementing a project that give acces to the knowledge and equipment needed to facilitate or take advantage of bitcoin opportunity.

The best way to help poor countries is change the financial system, we know in the poor countries finance only have some peoples or organizations. Bitcoin will help poor countries if all peoples care.

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Quote from: GregH37 on November 24, 2016, 09:28:31 AM

Quote from: ?? on ??

Quote from: Selly Arumsari on November 22, 2016, 10:29:25 PM

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 think poor country is low income communite so use bitcoin just not to transaction but income too.. to help their income
and goverment have to legal bitcoin

Yes that is going to be the use of bitcoin in poor countries. That's the main reason for them to become poor, because they don't have something for their living. But because of their poorness they need to identify first what are their needs so that they will be able to identify what's going to be the first move for their adoption of bitcoin.

But it is also a fact that even in poor countries where you can hardly find the basic facilities of life, like food, water, electric city security but still there the luxury and entertainment items are very cheap. So, they must have the facilities to use get benefit from bitcoin. They just need a proper knowledge of computer and internet.

But the problem would be the access to this gadgets and internet. If you are making rich people in a poor country richer, you are not helping the country to level up its status. The reason why country is poor is the percentage of the poor people that have no means of meeting the basic or standard way of living. This problem will only be solved if the government centralized its effort of implementing a project that give acces to the knowledge and equipment needed to facilitate or take advantage of bitcoin opportunity.

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Quote from: prabowo96 on November 23, 2016, 12:47:36 PM

More poor, less school.

Kids leave school to work and help the family, they don't stay much in school. Also they can't buy mining equipament, neither pay the eletricity bill for it.

You can't compare a poor guy with some blockchain genius, they have differents chances. Bitcoin/cryptos will be on poor countries just when someone go there and explain the benefits and how to use.

You have a point here, but you know what there are people who are poor but have talent. There are NGO's who are very supportive of poor people, and even sent them to university abroad.There are also scholarships from government who cater poor students.Since education is one of your reason, when this poor is educated, it is not possible that they can learn cryptocurrency and earn from it? How about he become a developer? or even a freelancer and received payment in cryptocurrency? The possibility are endless for bitcoin to help the poor since we are equal worldwide with bitcoin.

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Quote from: ?? on ??

Quote from: Selly Arumsari on November 22, 2016, 10:29:25 PM

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 think poor country is low income communite so use bitcoin just not to transaction but income too.. to help their income
and goverment have to legal bitcoin

Yes that is going to be the use of bitcoin in poor countries. That's the main reason for them to become poor, because they don't have something for their living. But because of their poorness they need to identify first what are their needs so that they will be able to identify what's going to be the first move for their adoption of bitcoin.

But it is also a fact that even in poor countries where you can hardly find the basic facilities of life, like food, water, electric city security but still there the luxury and entertainment items are very cheap. So, they must have the facilities to use get benefit from bitcoin. They just need a proper knowledge of computer and internet.

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Quote from: prabowo96 on November 23, 2016, 12:47:36 PM

Quote from: Xenophoto on November 23, 2016, 02:23:30 AM

Quote from: JANGKRIK BOSS on November 23, 2016, 02:11:50 AM

Bitcon have great opportunity for help anyone including the poor countries. With bitcoin surely open job opportunity like mining, mining tools, exchanger and more. The easiest and is able to make a wallet to donation from around the world.

Which opened a door of opportunities to poor people. Some people can't even afford to go to college. Learning how to use bitcoins surely enables them to earn some as well. They don't need the school to understand bitcoins since there are articles for that. Poor people can connect to the free wifi and in just days of studying, they'll be able to understand the basic things about bitcoin. A simple smartphone is what they need and even poor people have one of that.

More poor, less school.

Kids leave school to work and help the family, they don't stay much in school. Also they can't buy mining equipament, neither pay the eletricity bill for it.

You can't compare a poor guy with some blockchain genius, they have differents chances. Bitcoin/cryptos will be on poor countries just when someone go there and explain the benefits and how to use.

And what do you think a bitcoin genius did? He studied. That's something anyone can do unless you have some mental sickness. He wasn't born as a blockchain genius, he put an effort to become one. Any poor guy can do that as long as he have an internet connection. Along the way of his learning, he can earn money and that money can be used to buy computer equipment. Little by little anyone can make their way on the top.

Poor countries don't need someone to go to their place to explain bitcoin, they can learn it by themselves. As a matter of fact, I belong to the population of a poor country. Let's not have lame excuses. I'm earning bitcoins now, didn't have to be any richer to do so.

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Quote from: Dudeperfect on November 22, 2016, 12:20:37 PM

Quote from: agatha818 on November 20, 2016, 05:41:06 PM

hello! Im in a third world country and bitcoin helps me a lot, just have to know the secret on trading and stuff, electricity is expensive here so mining may not be advisable, but since bitcoin has been sloping upward, i was able to make money and planning to buy solar panels to help me with mining, so, yes, i think bitcoin can help poor countries

just have to be resourceful and if you have all the equipments you need

That’s really good news that people around the world is interested in bitcoin and crypto currency technology. Yes, I think you are on a right path with solar panels because it’s going to be more and more difficult day by day to earn profit from bitcoin mining. Make sure you are creating awareness about bitcoin in your friends and family and we have yet to reach that big milestone so let’s put our steps towards it.

Yes, people are adopting bitcoin for their online business as the new generation is really interested in online business, hope that a time will come when majority of people will be using bitcoin even in our local shops for shopping.
This way poor countries economy may get stir up by having new payment system. Usually only triggering is more important, rest of work will be done by people automatically.

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