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Topic: Can Bitcoin Really End World Poverty? - page 20. (Read 10109 times)

sr. member
Activity: 373
Merit: 250
March 01, 2018, 07:50:43 PM
Maybe it can't end world poverty but it can help a lot to the people who are engage in this crypto world. It will help the unemployed have the chance to earn a living and sustain the needs of their family. We heard about beautiful and inspiring stories how bitcoin help people improve their means of living and sustain the needs of the family. Or even do have some investments to gain more profit in the future.
full member
Activity: 252
Merit: 104
Decentralized Ecosystem for User-Generated Content
March 01, 2018, 04:56:31 PM
As much as I want to believe it can end world poverty, I believe that event will be much bigger and either all at once or glacially slow. For that reason if Bitcoin is going to help world poverty end it will take at minimum 100 years. Either that or it miraculous ends through an event that somehow transfers wealth from the richest to the poorest on this planet Cheesy.
member
Activity: 308
Merit: 12
March 01, 2018, 03:26:11 PM
Bitcoin will not be able to solve this problem, but still many people will be able to find a job in the bitcoin sphere and earn money as it is convenient for them. Now the percentage of these people is still small, but in the future it will grow, I'm sure.
member
Activity: 182
Merit: 10
March 01, 2018, 02:59:26 PM
I do not think that this is possible because many people below the poverty line do not have smartphones or computers, and accordingly it will not be able to work with cryptocurrency.
sr. member
Activity: 364
Merit: 256
March 01, 2018, 08:45:14 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 do believe that it will not solve the problem of poverty in the whole world. But I believe that it will lessen it the problem or the people who are still in poverty. Many people are not still engage in the our modern technology nowadays for the reason they are poor. For us to access digital cryptocurrency we need to get engage in digital world also. But how can they do that if even a food they cannot buy. What if more if they will buyinternet connection? Yes some country has a free internet but how about those country that who hasn't free internet.
plr
member
Activity: 1162
Merit: 24
March 01, 2018, 08:28:55 AM
Yes it's possible to some but not to all, those early investors really made a lot of money but the price of Bitcoin and its volatility makes the majority to think to slow down investing on Bitcoin, there's no guaranty that you can really get rich investing in Bitcoin.
full member
Activity: 714
Merit: 100
March 01, 2018, 08:22:24 AM
No because poverty is a economical problem may be bitcoin can help us earn a money but it cant end poverty many people cant afford internet connection other dont have gadgets the others dont know about bitcoin how it works and other country banning bitcoin thats why bitcoin cant end poverty.

Poverty is part of our life and that is actually staple and cannot be change because god creates an equally fair world. there are poor and there are rich,  poor people can earn and eat because of rich people, rich people can get a service from poor people and thats how it works. overall bitcoin can only minimize the poverty by giving other people an oppurtunity to earn but if that person is trully dedicated and hardworking, he maybe change his destiny and make his life wealthy with the aid of bitcoin.
member
Activity: 151
Merit: 10
March 01, 2018, 08:10:06 AM
No because poverty is a economical problem may be bitcoin can help us earn a money but it cant end poverty many people cant afford internet connection other dont have gadgets the others dont know about bitcoin how it works and other country banning bitcoin thats why bitcoin cant end poverty.
newbie
Activity: 27
Merit: 0
March 01, 2018, 08:00:27 AM
It would be great to be like that. I think poverty is a phenomenon that bitcoin can not stop him from unfortunately.
jr. member
Activity: 175
Merit: 1
www.daxico.com
March 01, 2018, 07:53:41 AM
Honestly speaking Bitcoin is really helpful but this is not a solution to poverty...why because this problem is not the concern of bitcoin...
 We know that even there are a lots of possible solution to solve  poverty we end up nothing...it is because the government are always starting a plan again and again but without execution in reality.... We don't need to rely much to them instead we as a part of society we should be the one who will address this problem ... Not the Bitcoin..
newbie
Activity: 154
Merit: 0
March 01, 2018, 07:36:53 AM
Money is not coming for nothing and bitcoin is just a thing that people want to buy because of trust... You can help to poor people gaving them money from nothing.
member
Activity: 196
Merit: 16
March 01, 2018, 07:26:36 AM
I think bitcoins can end poverty maybe in a country or maybe the whole world.But there are facts and things someone need to start using and earning bitcoin.First is computer setup or cellphone that can use internet,internet connection itself and alot of time.Which other peoples cannot avail but if government will help them get that things then it may be the end of poverty
newbie
Activity: 168
Merit: 0
March 01, 2018, 07:15:45 AM
Can bitcoin really do anything to solve world poverty problem? Brian Singer certainly thinks so. He thinks that Bitcoin can bring minimum every day earning for people more swiftly than any other economic system.

Is it possible?

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
Yes, of course, this is very possible. Bitcoin is very able to overcome and end world poverty. If someday Bitcoin is legalized across the country, surely almost everyone in the world knows and uses Bitcoin. Of course, this can help their economy. The less the poor are increasingly reducing the poverty of each country. Hopefully, this can come true someday.
newbie
Activity: 54
Merit: 0
March 01, 2018, 07:11:58 AM
What a nice question.Well in my own based experience mybe a surely "NO", bec we can see all here are using internet how can a poor people afford to avail an internet if they in a poverty situation.How can they buy celfon and joining in bitcoin mining,like here in philippines most of the city here expirience poverty.Lack of education so how can they understand the work of bitcoin world..So, i think my answer is a big NO....
newbie
Activity: 48
Merit: 0
March 01, 2018, 06:47:12 AM
50 to 50, those who really believe in bitcoin will become rich, or at least slightly hang their capital, all the others who hold the opinion that bitcoin is insignificant, will remain poor and will be offended to the whole world! I think that the correct interaction and disposal of bitcoin, will be the beginning of capital success!
member
Activity: 128
Merit: 10
March 01, 2018, 06:31:19 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/
Because of bitcoin there are many people that change their life, from poor they become rich, and it is because of bitcoin.  Bitcoin will not end world poverty but people can end poverty by working in bitcoin.
full member
Activity: 630
Merit: 103
March 01, 2018, 06:21:03 AM
In my own opinion, No. Satoshi Nakamoto (The creator and founder of Bitcoin) didn't create Bitcoin for the purpose of ending the world poverty, it was made to be almost decentralized payment to prevent the government's eyes all the time. Poverty depends on people and the economy of a place. So Bitcoin clearly won't end world poverty.

Indeed, I don't believed that Bitcoin will end the world poverty not even into a certain nation alone because not all people know how to use Bitcoin and some people are not interested to join the Bitcoin investments particularly to all nations that declared Bitcoin is illegal. How can we say a whole world if some of the nations will ban Bitcoin? If we say whole world it means all nations will unite to support Bitcoin but i think it is very impossible to happen because some nations have their own pride to keep and that is why they declared Bitcoin is illegal.
full member
Activity: 214
Merit: 101
✔ Crypto portfolio | ✔ Telegram/APP
March 01, 2018, 06:16:26 AM
This makes no sense. In order to access bitcoin people need access to technology. The people who are affected by poverty do not have access to this technology.
member
Activity: 140
Merit: 12
March 01, 2018, 06:14:11 AM
Actually even bitcoin has a supply of 50 million bitcoin its not enough. Poverty is a world problem, we always has a poverty. Bitcoin cant help the world poverty problem for a simple of that. Because not all people could access or could join bitcoin. If a people has a lack of education do you think they could earn bitcoin.
full member
Activity: 395
Merit: 100
March 01, 2018, 06:08:07 AM
Bitcoins have changed many people's lives who were struggling to find a job even after attaining good educational qualification, finding a job and landing a job is difficult due to cut throat competition in the market and every year many students are graduating which makes it difficult to survive in the market. This bitcoin and block chain technology has brought a change in the situation by helping people earn bitcoins in exchange of products and services offered world wide so this has the ability to eradicate poverty and unemployment issues from the world by giving all a chance to live freely with their own finances.
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