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Topic: Can Bitcoin Really End World Poverty? - page 15. (Read 10109 times)

copper member
Activity: 370
Merit: 1
March 20, 2018, 01:00:20 AM
I do not think that's possible.
Because bitcoin is one of international trade and is the center of attention today and many investors are interested so no one is harmed. Even with the bitcoin the problem of poverty can be overcome.
newbie
Activity: 141
Merit: 0
March 20, 2018, 12:52:31 AM
Bitcoin will maybe not make an end to world poverty, but it sure can help make things better. And I think poverty can only be stopped if there are proper education and equality among nations and society.
newbie
Activity: 83
Merit: 0
March 19, 2018, 08:57:58 PM
I think this is impossible. In addition to the need for new forms of currency and payment instruments, the world also needs more technologies such as medical, agricultural, and scientific innovations. Only with all-round progress can the world regain prosperity.

National poverty alleviation can not eliminate world poverty. Why should we put such a big hat on Bitcoin? It can help people rich, but it cannot eliminate poverty.
newbie
Activity: 48
Merit: 0
March 19, 2018, 08:55:14 PM
Bitcoin does not end the world’s poverty. World poverty is a difficult problem that cannot be solved. It is not enough to use Bitcoin to solve the problem of wanting everyone to sleep well.
full member
Activity: 336
Merit: 106
March 19, 2018, 08:48:21 PM
Bitcoin is not relevant to end poverty. To put an end to poverty, the government must act and make way for their jurisdiction to provide good jobs. I believe that suppression of corruption will end the poverty. Instead of putting money in their pocket distribute it to the poor to give them capital for the start of their business.

#Datarius


hero member
Activity: 1568
Merit: 502
March 19, 2018, 08:47:53 PM
I think this is impossible. In addition to the need for new forms of currency and payment instruments, the world also needs more technologies such as medical, agricultural, and scientific innovations. Only with all-round progress can the world regain prosperity.

IMPossible word itself says I M Possible.. But not with just only Bitcoin but with technology used behind Bitcoin. Now many countries are moving towards other altcoins for better, faster and instant transactions and confirmation. The world is moving towards AI(Artificial Intelligence) and ML(Machine Learning). Implementation of these advanced technologies along with blockchain can offer better business solutions in coming future.

Bitcoin intelligence can only make individual people richer, making wealthier people richer. Because most of the world’s important resources are in the hands of a few people, including some of Bitcoin’s information. Of course, I do not deny that Bitcoin gives more people a chance to get rich quickly, but it is impossible to get the whole world out of poverty.

I agree. As Bitcoin have opened door for tech peoples who are good with their education, intelligence, knowledge and talent. But rather I would like to say that anyone can understand Bitcoin and its technology. After agriculture Blockchain is the biggest invention done ever in last 1000 years.

Now according to these information it will take certain time to adopt these technologies.

But poverty has many other reasons which cannot affected by Bitcoins.
newbie
Activity: 9
Merit: 0
March 19, 2018, 08:38:29 PM
I think bitcoin cannot end poverty in the world, because I think people who understand Bitcoin are generally more invested in their own funds. People in poor areas may not even know what Bitcoin is, let alone invest in it. Now, I think Bitcoin is more likely to increase the gap between the rich and the poor.
newbie
Activity: 181
Merit: 0
March 19, 2018, 08:38:21 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/
Nowadays we cannot deny the fact that we are carried and cover by bitcoin goodness because it promotes progress in every life so that it is not hard to say that bitcoin can end poverty that makes a great help and a big opportunity of change mostly to the life of the poor people. Wanting to make life better can be possible by the help of bitcoin...so that you cannot be able to not influence by bitcoin goodness.
full member
Activity: 994
Merit: 101
March 19, 2018, 08:37:16 PM
No, Can't Bitcoin end World Poverty. But I think those who use Bitcoin can get rid of their own poverty.
And those poor people if they use Bitcoin, than Can Bitcoin Really End World Poverty.
The main problem of poverty because of ignorance, if bitcoin is legalized then the ignorant poor will not be able to use so it is useless, the first thing to do to end poverty is to improve education so that everyone can use the internet.
newbie
Activity: 52
Merit: 0
March 19, 2018, 08:32:09 PM
People who use Bitcoin are greedy. They do not want to invest in Bitcoin to solve world poverty and resolve human disputes. They only proceed from their own interests. Poor people have no money to buy Bitcoins.
newbie
Activity: 9
Merit: 0
March 19, 2018, 08:31:12 PM
It is impossible for the world to eliminate poverty altogether, because no one can help people all over the world to become completely rich, so Bitcoin is impossible. Of course, technology can help everyone in the world to live and work, so that they can use good resources to earn income, but in the end it makes you rich people themselves.
hero member
Activity: 868
Merit: 506
March 19, 2018, 08:26:36 PM
How can a currency ends world poverty? You must be a believer of the famous The Billion Coin where its goal is to end world poverty. The price is set by the owner and will only always increase. In the end it was a big ponzi scheme.  Grin

newbie
Activity: 8
Merit: 0
March 19, 2018, 08:23:41 PM
Bitcoin intelligence can only make individual people richer, making wealthier people richer. Because most of the world’s important resources are in the hands of a few people, including some of Bitcoin’s information. Of course, I do not deny that Bitcoin gives more people a chance to get rich quickly, but it is impossible to get the whole world out of poverty.
newbie
Activity: 9
Merit: 0
March 19, 2018, 08:19:52 PM
I think this is impossible. In addition to the need for new forms of currency and payment instruments, the world also needs more technologies such as medical, agricultural, and scientific innovations. Only with all-round progress can the world regain prosperity.
full member
Activity: 468
Merit: 100
Experience the Future of DeFi
March 19, 2018, 08:03:58 PM
Bitcoin cannot end world poverty. The government cannot end world poverty. Only ourselves can end poverty. Our attitude towards money can end poverty. Because even how much we earn, if we cannot learn how we manage our finances then that's useless. People earn big but they spend bigger that is why they have so much debt and they cannot go out in poverty.
copper member
Activity: 644
Merit: 0
POINTPAY
March 19, 2018, 07:53:08 PM
yes it can help in a very big way in terms reducing poverty bitcoin gives an equal opportunity to everyone that's the reason why bitcoin a game changer
member
Activity: 191
Merit: 10
March 19, 2018, 07:46:08 PM
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.

Poverty is a serious problem worldwide. Even if it is fully accepted worldwide, I don't think it is the solution to end world poverty. Yes, it might be a help to reduce the poverty rate but not to end it.
member
Activity: 322
Merit: 10
March 19, 2018, 07:37:39 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 can say that bitcoins does have that kind of power, just imagine japan today who are using cryptocurrency to improve their economy and help different people's lives, If other countries does have this kind of idea then we can live a better nation.
jr. member
Activity: 196
Merit: 2
March 19, 2018, 07:28:50 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/
The short and only answer is no, bitcoin will not help to solve world poverty problem. Why? Because economical systems, regulations and laws are not the problem here. Humans are. People are so corrupt and flawed that they do not care about making this world a better place, they just care about themselves. That is why we will never have world without poverty, wars and terrorism. Bitcoin is nice tool but it is people who will be using it. That is the problem.


We all know that poverty has no single reason. We don't say that poverty can solve by using bitcoin, maybe it reduce the poverty rate not to end the world poverty.  
sr. member
Activity: 1148
Merit: 300
March 19, 2018, 07:27:44 PM
Bitcoin has not really the main solution of the issue of the world poverty. Poverty is really the world's biggest problem and it is not really the responsibility of the bitcoin to take control of the said issue. I believe that the poverty is really depend on the current leaders such as good and bad governance. We have countrys that is poor and the others are rich it is all because we really had a differrnt idea to solve this problem and maybe some country will have a corrupt politician that leads their economy to go back down as well.
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