Can Bitcoin Really End World Poverty? - page 10.

julius caesar

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Quote from: bornil267645 on April 03, 2015, 10:54:32 AM

Can bitcoin really do anything to solve world poverty problem? Brian Singer certainly think so. He thinks that Bitcoin can bring minimum everyday earning for people more swiftly than any other economy system.

Is it possible?

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

Actually this is not part of the Bitcoin anymore, this is a business and purely profit, I think it could help in the way that we have the chance to donate some of the money that we have to help less fortunate people but in the end of the day we are the one who will decide to eradicate this unstoppable issue of the society, we can help them to donate the temporary needs but education will make them free from poverty.

aljo322

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Not totally that bitcoin can reduce poverty because it depends upon the person if he/she has the interest to invest or to do something just to earn profit. Bitcoin can serve a income you only have to do is to have an effort by investing and take the risk and your life will be better than now.

Shiversnow

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Quote from: Buffer Overflow on April 03, 2015, 01:55:05 PM

Quote from: bornil267645 on April 03, 2015, 10:54:32 AM

Is it possible?

No.

No, it can reduce but not end of poverty. In every country have poverty we can reduce that all we need is to workhard and self discipline and bitcoin is willing to help us. Bitcoin teach us to gain our knowledge in investing and trading and to earn profit.

yesyes18

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Poverty cannot be ruled out entirely. But I strongly believe that bitcoin can go a long way to eliminate some form of poverty

WakinXXX

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Think not. As the problem of poverty can't be separated away without any intervention from the government and hard work to overcome them. It is good bitcoin for overcoming poverty, but sometimes many of them incorrectly use a certain person.

CoinstarF

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Quote from: Beliathon on April 03, 2015, 02:21:32 PM

Only collective human compassion can end world poverty.

Bitcoin cannot end world poverty, it's only self descipline and eleminate corruptions. It could lessen through helping to grow thier economy of the country if they accept as thier flowing systems of network.

Tirdok

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I think that bitcoin will not be able to solve the problem of poverty in the world. I think it is foolish to think that using bitcoin for the poor people there will be new income

matedrink24

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Quote from: Melvin Narag on April 24, 2018, 02:54:36 PM

If all crypto investors and traders are donating to certain school or charity group to conduct free education, training, seminar and other free learning on how people will help themselves to earn for them and their family and surely it will surely helps solving poverty...

It's hard to make this come true my friend, because you're saying like if everyone in this world donate 2$ for the charity or the poors , they will get about 20 billions dollars ?
Not everyone in this world are ready to share their money to others so this dream is actually impossible.

Melvin Narag

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If all crypto investors and traders are donating to certain school or charity group to conduct free education, training, seminar and other free learning on how people will help themselves to earn for them and their family and surely it will surely helps solving poverty...

hydrococo

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If countries do not prohibit and do not pass laws and penalties for bitcoin users I think bitcoin will be able to end world poverty. Currently, bitcoin has successfully opened up employment opportunities for the unemployed and the middle-class workers. With the bitcoin is very helpful to the world community. Income earned from bitcoin is very promising. Opportunities created in bitcoin today is very large, we should be able to and immediately utilize it very well.

Tang lancip

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I think it will happen. if bitcoin is known by all circles evenly. also recognized by the world.

keziakusayang

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it may be, but not everyone can do it because of the limited knowledge possessed, not everyone understands about the crypto market. and not all countries that legalize bitcoin.

WorldBiz project

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I believe it’s not BTC itself but the technology of blockchain that can be wisely used to distribute goods

thongs

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Quote from: Daniel91 on April 24, 2018, 01:56:23 PM

I don't think so.
In order to end world poverty we need free education, free and available Internet, free resources, economical aid etc.
Bitcoin comes on the end, not in the beginning of this story.

Yes we also need that tool for us to end the poverty in ourselves, but I also believe that bitcoin have the potential in doing it if our governement will just help individual in accessing bitcoin.

azimut95

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gravitik

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I do not think that bitcoin can somehow solve the issue of poverty around the world

Daniel91

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I don't think so.
In order to end world poverty we need free education, free and available Internet, free resources, economical aid etc.
Bitcoin comes on the end, not in the beginning of this story.

DatKing

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I think Bitcoin will not be able to end world povery problem completely. It is going to provide so much conveniences to daily life,economy etc. for sure. But i am not hopeful about ending of the world's poverty problem.

Itjoker

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Unfortunately, it is very, very difficult to overcome poverty. But in practice it is almost impossible. Imagine if there will be bitches, but there will not be real production. Everyone will remain hungry and poor. Therefore Bitcoin is not a solution to victory over poverty.

Dapper

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Nothing can end world poverty. The fact is, there are a finite amount of resources in this world. And most are already controlled by a very small percentage of people.

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