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.
Topic: Can Bitcoin Really End World Poverty? - page 2. (Read 10109 times)
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/
Is it possible?
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
Bitcoin can really end world poverty because bitcoin serves us as a source of income. Bitcoin gives earnings to all people who wants to embrace bitcoin.
in my opinion,bitcoin boosts wealth for those who save money,but how can poor people get bitcoin when they have no money to live?
I think it will happen. if bitcoin is known by all circles evenly. also recognized by the world.
Theoretically, the bitcoin can end poverty, but in practical terms this may not quite be the case as other factors not presently accounted for may be the reasons why the reality may take a while or may not materialise. The bitcoin potential to tilt the financial lever in the direction of the poor is huge but this will require more than just making policies and paper work. It will require making certain compromises and foregoing or removing financial obligations from the poor. We may also need to educate and enlighten the poor and the financially illiterate. This way we may see the reality of the goodness of bitcoin.
It is very relative. You need to know english, have a stable internet connection, you need to know tons of things and own many posession to join crypto world, that many people in poor countries just dont own.
I do not think it helps with the poverty of the world, not everyone has access to get bitcoin. But if an excellent way to survive day to day
Most likely, bitcoin can help individuals who do not have work, but to solve this problem completely is not a problem for the cryptocurrency, but for the government in the first place.
Yes it can, if handled well with lots of caution and necessary precautions then BTC can easily end the world's poverty. first one has to understand the market well, when to buy and when to sell, then get to know the market forces and the influence rs, al these kept into consideration and proper decision making, then a proper return in BTC investments will come by
To be honest, I do not quite understand exactly how it can help in this, but undoubtedly bitcoin has prerequisites to change the world economy!
Bitcoin can really partially solve this problem, but for this, initially the unemployed must have at least some funds for the initial investment, and this can be a problem...
To my mibd, 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.
I think bitcoin can overcome poverty in the world, as long as they want to help and try to avoid poverty and support full of bitcoin to be able to change or overcome poverty in the world.
Imagine if there will be bitches...
Imagine there's no heaven...it's easy if you try...
Bitcoin has really help to reduce the level of unemployment in the society across the world. And again since the government can not provide jobs for the teaming youths in the society bitcoin is now serving as a means to earn profit carrying out bitcoin transactions either buying to hold or trading all are means of being gainfully employed even thou the government can not provide jobs for us.
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.Is it possible?
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
I agree with you. Bitcoin will not help to solve world poverty problem. Economical system is one of the big reason behind it. Every county has diffirent Economical Eystem. And Bitcoin is not legal currency all over the world. Most of the county are decleared Bitcoin as a illigal currency. Especially the third world county done it. That's why it is not possible. But Bitcoin is more potential currency.
I think can't bitcoin really end world poverty, because basically bitcoin is a tool of transactions and investment tools,
but bitcoin can reduce poverty, because bitcoin provides many new jobs, such as bounty, trading, and minning.
but bitcoin can reduce poverty, because bitcoin provides many new jobs, such as bounty, trading, and minning.
I think a big NO. The poor have lack access to bitcoins some of them don't have an internet connection, computers or don’t have an idea of it. Bitcoin is not a solution to the poverty in the world. I think the answer starts to their self. Bitcoin can be a tool to help the poor to be rich. Maybe bitcoin is our future payment way.
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.
Nope. I don't think so. I think Brian Singer is wrong. Bitcoin is not even designed to end any kind of poverty. Where World Poverty is far away. Bitcoin hasn't even reached the whole world yet and most likely, it's not going to.
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