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Topic: Can Bitcoin Really End World Poverty? - page 11. (Read 10109 times)

newbie
Activity: 36
Merit: 0
April 24, 2018, 01:35:10 PM
The theory is, if nobody can print more money, the wealth inequality won't grow so rapidly, or at all.
Right now new money comes to circulation in a form of debt. That pumps up the stock, bond and other markets what the poor don't but the rich have. In bitcoin it cannot happen.
full member
Activity: 151
Merit: 100
April 24, 2018, 12:20:17 PM
Just a few early birds made some money.
jr. member
Activity: 475
Merit: 1
April 24, 2018, 12:18:30 PM
Certainly, bitcoin can suppress poverty because many people who have been helped by bitcoin and are still helping to rise to poverty.
newbie
Activity: 4
Merit: 0
April 24, 2018, 11:57:06 AM
Looking interesting project
sr. member
Activity: 378
Merit: 251
April 24, 2018, 11:55:32 AM
Bitcoin can be very helpful for people without professional skills because it's not hard to understand and very profitable. I am not sure about world poverty but bitcoin can help to certain people.
sr. member
Activity: 562
Merit: 250
April 24, 2018, 11:54:04 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/

Bitcoin created jobs for many people that most of them found it great. It all needs for the person is the patience to continue and of course internet connection. Now I am thinking how many people with no jobs and struggling from financial crisis are now changing their lives through the help of bitcoin trading and investments. May be not now, but bitcoin and all cryptos are actually helping our society to fight poverty.
sr. member
Activity: 812
Merit: 250
April 24, 2018, 11:44:37 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/

Bitcoin can help lessen poverty in the countries that are still developing and struggling to lower its unemployment rate among its citizens. It is amazing to hear that bitcoin has given many people new career in this business. Bitcoin will continue to help at its best by proving more opportunities so what we should do is to try them until we all succeed in this market.
sr. member
Activity: 882
Merit: 403
April 24, 2018, 11:17:09 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/
Bitcoin can't solve poverty alone but if someone really wants to help with the use bitcoin I think it will lessen the population if poor people when he provide them opportunities to earn bitcoin because in our generation if you don't go to school or you didn't graduate you can't get a job because grades are what matters.

Yup, you are absolutely right. Bitcoin can never solve poverty. In fact, I do not think there is such a thing in this world that can solve poverty. This is simply because greed exists. The only thing that bitcoins can do is to help lessen poverty, either by giving chances to other people that does not have degrees to have jobs or by having people donate bitcoins to the less fortunate. Free courses about crypto industry can also help big time.
newbie
Activity: 126
Merit: 0
April 24, 2018, 11:16:04 AM
Blockchain could help achieving this goal. Breaking the cycle of poverty begins with investing in children and providing them with quality education, knowledge and skills to enable them to realise their full potential. Next to education comes access to affordable proper health care, access to clean water and sanitation and, last but not least, economic security which is where Blockchain comes in.
Blockchain could help achieving this goal. Breaking the cycle of poverty begins with investing in children and providing them with quality education, knowledge and skills to enable them to realise their full potential. Next to education comes access to affordable proper health care, access to clean water and sanitation and, last but not least, economic security which is where Blockchain comes in.
sr. member
Activity: 882
Merit: 260
April 24, 2018, 11:15:26 AM
I think it might, not right now but maybe one day when it is fully accepted worldwide and we don't have to pay huge fees to banks and other financial institutions to keep/transfer our money from one place to the another.

Not saying it will magically solve world poverty but some people when they pay less for maintaining their funds, they might spend a little more on charities.
It think that thing is unpredictable right now but who knows, maybe one day having the fact that bitcoin is really a dependable source of earnings to those who really need to earn more income. Also the fact that even unemployed person can use bitcoin as their source of income. So I think little by little bitcoin might really end poverty in future.
newbie
Activity: 74
Merit: 0
April 24, 2018, 11:14:42 AM
In my view, bitcoin can not put an end to the world's poverty. Poverty is associated with backwardness, remote areas, low educational level. Leading to the poor can not access the internet, which bitcoin requires internet.
newbie
Activity: 81
Merit: 0
April 24, 2018, 11:12:39 AM
Although this may sound quite rude, in reality this is the only method to eradicate poverty in an effective way. Population explosion is the no.1 reason for poverty. The only way to eradicate it is through population control, and not through Bitcoin distribution.
sr. member
Activity: 672
Merit: 250
April 24, 2018, 11:08:56 AM
Bitcoin does not directly affects the problem of world poverty because bitcoin mainly function as a currency that helped the economy of a specific country to developed and grow not to solved certain problem or aspects of poverty or other world related problems that needed much more attention by the leaders and the government of each county for them to solved such poverty with opportunity, work, and low daily living cost.
full member
Activity: 308
Merit: 100
April 24, 2018, 11:06:23 AM
Never , bitcoin can't remove worlds poverty.If every rich man's try to remove the poverty by their excess income then there will not be the word poverty. The greedy and possessive aptitude of every men keep this poverty till end of the world.
legendary
Activity: 1596
Merit: 1034
April 24, 2018, 11:04:28 AM
Bitcoin can not end poverty. Bitcoin is simply a means of payment the same as other currencies. Only the government, employers and the poor people itself who can put an end to poverty that wrapped around them.

Bitcoin has the ability to overcome poverty, where bitcoin can be used by everyone without having to pay in advance (initial savings funds) to create a virtual wallet. Which required only internet access and a smartphone, with two things that everyone can already use bitcoin. There are many examples of successful people and getting rich with bitcoin. Do not waste this opportunity before regret later.
member
Activity: 317
Merit: 81
Next to Full Member Rank.
April 24, 2018, 11:03:30 AM
I think it will make things better for the poor, particularly migrant workers.  But it won't end world poverty.  What might end world poverty is if we could get rid of usury, which is what made it so bad in the first place.

We have different opinions about this. There are some who says that bitcoin cannot end world poverty but there are some who says yes it ends poverty. For me bitcoin cannot totally end poverty maybe it reduces and i hope it continues to reduces until poverty ends.
I believe that bitcoin is the answer to the growing percentage of poverty. Bitcoin is a new kind of digital coin that contains it's highest value like a value of hold. Though  we all have still a different citation regarding on this matter but for me I am just thinking positively about it and maybe there's nothing wrong of having a positive outlook right.
Well, there are many opinions, one can be. Bitcoin by itself cannot end it. If people doesn´t have it how can they earn or take profit?
Anyway assuming all people is having it, many people wouldn´t sell it awaiting its price go up. And by this the ask and the bid would stop.
sr. member
Activity: 714
Merit: 250
April 24, 2018, 11:02:35 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/

Bitcoin and cryptocurrency itself is ending poverty by producing new jobs for people who think of the other uses of Internet. Advertisement across social media platforms and campaign signatures are only the basic jobs that bitcoin has offered many people globally. Cryptos are letting us to experience the thrill of trades and investments that leads to income and careers.
legendary
Activity: 1110
Merit: 1000
April 24, 2018, 10:53:17 AM
I think it will make things better for the poor, particularly migrant workers.  But it won't end world poverty.  What might end world poverty is if we could get rid of usury, which is what made it so bad in the first place.

We have different opinions about this. There are some who says that bitcoin cannot end world poverty but there are some who says yes it ends poverty. For me bitcoin cannot totally end poverty maybe it reduces and i hope it continues to reduces until poverty ends.
I believe that bitcoin is the answer to the growing percentage of poverty. Bitcoin is a new kind of digital coin that contains it's highest value like a value of hold. Though  we all have still a different citation regarding on this matter but for me I am just thinking positively about it and maybe there's nothing wrong of having a positive outlook right.
newbie
Activity: 70
Merit: 0
April 24, 2018, 10:46:24 AM
Bitcoin can not end poverty. Bitcoin is simply a means of payment the same as other currencies. Only the government, employers and the poor people itself who can put an end to poverty that wrapped around them.
member
Activity: 364
Merit: 10
April 24, 2018, 10:43:10 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/

No. But it could certainly give a sense of wealth stability to those owning it due to its deflationary nature.



I guess, bitcoin is just a way to end poverty but it is not the sole way. Bitcoin offers a lot of opportunities and possibilities to many. Bitcoin coulf offer more jobs to those in need and bitcoin also.Transactions are free amd just enlist.
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