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Topic: Can Bitcoin Really End World Poverty? - page 13. (Read 10109 times)

newbie
Activity: 84
Merit: 0
April 24, 2018, 09:09:28 AM
Yes, it's possible. Already happening, slowly yet.
copper member
Activity: 280
Merit: 0
April 24, 2018, 08:46:36 AM
I believe everyone on Bitcoin can work. But those people are good English and it is very important because Bitcoin is a complete English language system. Even today many people are not educated. So they can not work in Bitcoin. There is such a reason. Because Bitcoin can not completely eliminate poverty in the world, Bitcoin is definitely giving its contribution in reducing poverty.
full member
Activity: 378
Merit: 111
April 02, 2018, 10:50:11 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/
In my own opinion, bitcoin cannot end the world poverty because not all of them can provide a computer or smartphones so they could access in bitcoin. But i think bitcoin can lessen the world of poverty and to improve the economy of a country because it lessen unemployed people.
jr. member
Activity: 353
Merit: 4
April 02, 2018, 10:35:48 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/

I think that's hard, bitcoin can only benefit those who have it, but most poor people do not have the capital to buy bitcoins, do not know how to get bitcoin, and also do not know bitcoin.
sr. member
Activity: 532
Merit: 253
April 02, 2018, 10:28:45 AM
You can compare Bitcoin with the first cell phone, which was awkward, but problem-free in terms of battery life. Despite all the strengths and weaknesses, this did not stop this gadget from starting a whole technological revolution. In many countries in the nineties did not even hear about the existence of a cell phone, as well as in the 21st century about the existence of bitcoin. I believe that bitcoin is not able to end poverty in the whole world, but it places great hopes on the development of all mankind! Smiley
full member
Activity: 405
Merit: 100
April 02, 2018, 10:27:53 AM
In my opinion, bitcoin can really end poverty, because there are people say that there life is improve when they started to invest and earn. It can helps to solve problem of the people especially to the unemployed.
full member
Activity: 701
Merit: 136
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April 02, 2018, 09:30:32 AM
I dont think so that it can end world poverty. How should that work? Bitcoin is just a currency. So poor people, or better say people of 3rd world countrys, will still not can get bitcoin out of nowhere. Or maybe you mean it could open their new trade route and they can receive the money for the stuff their sell directly to the end user on the other side of the planet? Please explain what you guys think about this. For me its totally inexplicable how this should work.
newbie
Activity: 177
Merit: 0
April 02, 2018, 08:59:05 AM
For me, bitcoin is about improving the procedure of transaction currency in the society; and it is not intend to solve the problem of poverty in the country.

Poverty is about the irresponsible people, the poor government, and the unfair system. However, if bitcoin continues to grow, it lessen unemployed person in the community which might help to minimize poverty.  Wink

For me, i can't say that all people who's in proverty can recovered because of bitcoin but it can reduce our financial problem. Bi t coin can help people to earn money and if you used it in a good way, then bitcoin give you a bright future and to your family.
newbie
Activity: 78
Merit: 0
April 02, 2018, 07:48:31 AM
For me, bitcoin is about improving the procedure of transaction currency in the society; and it is not intend to solve the problem of poverty in the country.

Poverty is about the irresponsible people, the poor government, and the unfair system. However, if bitcoin continues to grow, it lessen unemployed person in the community which might help to minimize poverty.  Wink
newbie
Activity: 90
Merit: 0
April 02, 2018, 07:21:50 AM
not necessarily bitcoin ending poverty we do not know the bitcoin the future will continue to grow or not. but for now bitcoin only reduces unemployment in our country.
full member
Activity: 266
Merit: 100
March 28, 2018, 06:10:24 AM
It is conceivable if the predominant press and productions do not place concern in Bitcoin speculators, If simply banks will not cause you to frightful on the grounds that they required your benefit their managing associate degree account framework so that they may price you with superfluous expenses. it's conceivable in light-weight of the actual fact that for every Bitcoin that a person contributes, its estimation builds the percentages of obtaining out from obligations and cash connected hardships.
newbie
Activity: 154
Merit: 0
March 26, 2018, 02:41:56 PM
People who started working with bitcoin is not making anything useful for our world and just using electricity so probably not, bitcoin can't end world poverty.
member
Activity: 126
Merit: 10
March 26, 2018, 01:58:46 PM
I really doubt bitcoin will do anything to end world poverty. Bitcoin's most amazing use so far has been in politically unstable regions that are going through a period of uncertainty and/or high inflation. Bitcoin has been a safe haven investment in those countries due to its international nature. It is a way to preserve wealth. However, you need to be fairly computer savvy to buy and store bitcoin and to use it for transactions. Most people in poverty are not going to have access to a computer (they may not even be literate).
sr. member
Activity: 462
Merit: 252
March 26, 2018, 01:58:31 PM
that's hardly possible , the issues of world poverty goes far deeper than the financial issues alone , yes a lot of money can be made from bitcoins but the knowledge and know how to make this money is the greatest issue.
newbie
Activity: 38
Merit: 0
March 26, 2018, 01:56:39 PM
Bitcoin can play a very important role to alleviate poverty across the globe.
newbie
Activity: 84
Merit: 0
March 26, 2018, 01:48:27 PM
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/
I don't think it's possible. I think it's hard for most poor people to get access to bitcoin, so bitcoin doesn't change their lives. And making money through bitcoin is not that simple. Only a small number of people can earn money by investing in bitcoins.
newbie
Activity: 23
Merit: 0
March 26, 2018, 01:40:32 PM
The yield to the monitor is 10-20% per month on Bitcoin that is a week about 5% is obtained.
member
Activity: 378
Merit: 11
March 26, 2018, 09:40:49 AM
Bitcoin will not be able to end poverty. even if the sand on the earth were to become money, some people will still be poor, because the mindset of a man is what makes his poor not his degree of financial capacity. Let the people be thoroughly educated and enlightened then we can rid the worldof some level of poverty.....yes.
newbie
Activity: 79
Merit: 0
March 26, 2018, 09:10:44 AM
My answer is definitely a no, bitcoin can't end the world poverty. Poverty is the effect of huge unemployment rate, bitcoin may only help if unemployed people will have a chance to learn or access information about bitcoin. In that way, the poverty rate may be reduced.
newbie
Activity: 132
Merit: 0
March 26, 2018, 08:29:59 AM
I don't know if bitcoin can end world poverty but it can be a good way for people with no jobs and are unemployed to earn some money for themselves so they won't have to resort to illegal activities to make a living.
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