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Topic: Can Bitcoin Really End World Poverty? - page 14. (Read 10109 times)

full member
Activity: 563
Merit: 102
March 26, 2018, 08:00:59 AM
No, bitcoin can't  end the poverty. Bitcoin is not here to save the world in poverty but at least it can help people especially those who are less fortunate including jobless to earn extra income for living.
member
Activity: 266
Merit: 10
March 26, 2018, 04:44:56 AM
I think that bitcoin will not be able to improve the situation and so people who do not have a penny but those who have some small capital and will be able to invest money and be confident in bitkoin can be richer.
jr. member
Activity: 180
Merit: 3
March 26, 2018, 04:14:34 AM
I certainly can not. Poor people are not exposed to bitcoin so they have no knowledge or experience in investing in bitcoin. The poor have no internet to carry out transactions with bitcoin.
full member
Activity: 246
Merit: 100
March 26, 2018, 03:57:36 AM
At this point you are just dreaming.There is absolutely zero indication fiat is going to be dropped soon because it is so easy to manipulate.How do you expect people to govern digital currency when so many people still barely can work or even have access to a computer or have basic skills to secure their own money.
member
Activity: 238
Merit: 10
March 26, 2018, 03:54:21 AM
I do not think that bitcoin can eradicate poverty around the world because the system was created not to gild people, but to make their life easier.
newbie
Activity: 104
Merit: 0
March 26, 2018, 03:34:32 AM
No. Bitcoin is not a panacea for all the problems of the world. The problem of poverty can be solved only after the changing of worldview of people. When people start to think not only about themselves, but about all.
full member
Activity: 616
Merit: 100
March 26, 2018, 03:29:54 AM
No, problem is not bitcoin or any other cryptocurrency, the problem is people, their lack of desire to help others and absense of morality - that is all

This is all just in yourself, how you help others to reduce the poverty of the world. Have you ever helped others?
member
Activity: 238
Merit: 11
March 26, 2018, 03:26:56 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/

End poverty? I do not think so.
Bitcoin is bought by the wealthy, those who win more buy bitcoin.
The rich begin to manipulate the market to ensure that those who have sold their bitcoin more victoriously and yet lost.
sr. member
Activity: 1123
Merit: 253
March 26, 2018, 03:21:05 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 differently on this issue. Yes, Bitcoin has grown so huge in the past and if we look at how big it was grown, it seems that it cannot be surpassed by any other investment. Even real estate investments, which is believed to be also growing faster, cannot equal to Bitcoin's growth. The big downside of this is that it cannot be expected that Bitcoin is always growing. There are also times when Bitcoin is falling. And it will not take only days or weeks for the prices to get back to their previous level. It takes months sometimes.
newbie
Activity: 75
Merit: 0
March 26, 2018, 03:17:17 AM
It depends on the person, if the person is really willing to learn and understand the crypto and bitcoin, then follow the facilities provided by crypto, for example by following ICO, Airdrop, and others. Surely the person will quickly earn a lot of income from bitcoin.
newbie
Activity: 93
Merit: 0
March 26, 2018, 02:59:58 AM
The emergence of Bitcoin is not intended to change poverty. Bitcoin's underlying technology blockchain has decentralized, decentralized control of rights, distributed storage, making payments cheaper and faster, all of which have nothing to do with changing poverty. I think.
newbie
Activity: 98
Merit: 0
March 26, 2018, 02:53:29 AM
Bitcoin has been around for nearly a decade and has survived many speculations about its own fall. It has grown to become an accepted medium of trading, it has also been recognized as a currency in some countries,
Currently, most of us use cash by withdrawing money from a bank account, however, this means that we will have to send money to a bank or computer and have the costs associated with shipping. maintaining and maintaining this stone age system, can not live up to the present life of the people.
full member
Activity: 322
Merit: 101
March 26, 2018, 02:51:48 AM
Bitcoin is not created to solve world poverty, hunger or any other large scale problems. It is just merely a technology that benefit the ones who use it. 
sr. member
Activity: 728
Merit: 250
March 26, 2018, 02:45:45 AM
No, problem is not bitcoin or any other cryptocurrency, the problem is people, their lack of desire to help others and absense of morality - that is all
member
Activity: 298
Merit: 21
March 21, 2018, 04:35:50 AM
I think yes, it might. Of course not right now but one day. I can't say that in will end poverty for everybody, in the whole world. No, but it can significantly improve the situation
sr. member
Activity: 387
Merit: 250
Presale is live!
March 21, 2018, 04:16:27 AM
Unless the poor people invest in Bitcoins I don't think Bitcoin is going to help them money wise. If some poor guy might have invested few dollars few years ago then he sure would have earned enough by now to not be poor anymore. But thinking that Bitcoin might end world poverty is insane.
jr. member
Activity: 364
Merit: 3
GIGZI - INDEPENDENT WEALTH MANAGEMENT
March 21, 2018, 04:10:00 AM
Bitcoin can help poverty in some places of the world that can be reach by internet access  , but it will not totally end world poverty because nnot all places in the world have adopt the modern technology especially the digital world , so it can lessen the world poverty but not totally.
member
Activity: 350
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
March 21, 2018, 02:01:35 AM

Bitcoin cannot solely end world poverty but it can contribute to poverty reduction. there are places worldwide that still don't have internet access, Bitcoin cannot help in such places as internet is needed to access BTC, for those with the basic necessary requirements, BTC can literally drag them out of poverty if handled properly.
jr. member
Activity: 224
Merit: 1
March 21, 2018, 01:28:11 AM
yes bitcoin mucin can overcome the poverty of the world, and I'm sure bitcoin can handle it, many people do not know bitcoin and low society economy therefore people should use btc
jr. member
Activity: 182
Merit: 4
March 20, 2018, 01:00:28 AM
I don't think bitcoin can end world poverty.

Some people estimate that 40 percent of bitcoins are controlled by about 1,000 people.

And those who invested early in bitcoin have made millions or more.

Now the price of bitcoin is so high that poor people have no money to buy it.
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