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Topic: Can Bitcoin Really End World Poverty? - page 31. (Read 10109 times)

newbie
Activity: 70
Merit: 0
February 04, 2018, 04:46:08 AM
ehm. what makes you think that bitcoin will end poverty ?
i personally dont see that.
newbie
Activity: 78
Merit: 0
February 04, 2018, 04:43:31 AM
It may help reduce the poverty, but can't end the world poverty.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.
newbie
Activity: 84
Merit: 0
February 04, 2018, 04:42:24 AM
Effectively everyone has a mobile phone over there. You just need a way to transfer the coins, and you're good to go.Sometimes, we only need to teach them and not feed them in order for them to gain things they need to know for their future.
member
Activity: 232
Merit: 11
February 04, 2018, 04:41:48 AM
It is indeed possible. As long as the cryptocurrency circulation goes and Bitcoin wouldnt lose its value, there's nothing impossible that it couldn't erradicate world poverty. Its just a matter of the government to accept Bitcoin and other cryptos to be legal and make some program promoting cryptos thus making people onto socalled passive income.
sr. member
Activity: 616
Merit: 263
February 04, 2018, 04:41:38 AM
Bitcoin cannot end poverty, only collaboration can.
newbie
Activity: 92
Merit: 0
February 04, 2018, 04:41:09 AM
From your example us military have a high budget because the us army helped the the other country to fight terorrist like in  the middle east and also isis. So the budget of the us for their army is not high because they need money to buy the needs of the us army. I think it will actually make the rich richer.
newbie
Activity: 88
Merit: 0
February 04, 2018, 04:39:03 AM
You can sell your gold bars, house, and whatever else for bitcoin as well. So that's why what you said is a fallacy. You can only compare fiat and bitcoin, bringing wealth into the picture doesn't work.People are in poverty because they do not have the opportunity to earn enough to meet their daily needs. Bitcoin is not a magic potion they can take an sudden becomes more knowledgeable and able to steadily earn more each month.
newbie
Activity: 152
Merit: 0
February 04, 2018, 04:37:41 AM
It can make online trade, and international trade in general, readily accessible to a lot of places that currently are not. That could facilitate wealth coming in from places that previously seemed a million miles away. It could be a blessing for people without a bank account.
newbie
Activity: 238
Merit: 0
February 04, 2018, 04:35:51 AM
Ending poverty considered to be an assumption but we can really make it happen with a strong spirit and plan as a team, Bitcoin helps us to make it happen but we should spread the word bitcoin across the world by showing the ways to earn with bitcoin that really helps better to end the poverty world wide up to certain percentage.
newbie
Activity: 39
Merit: 0
February 04, 2018, 04:29:54 AM
i don't think it can end world poverty, as far as i known most people doesn't know how to use computers and also doesn't know bitcoin. only few people know bitcoin and there are also countries that ban bitcoin, It is not possible to get rid of poverty worldwide. there is no cure for poverty it will still exist until the world will end. the world should be balance so that people will still work at farms and crops for the daily needs of people world wide.
And I think so too. Not all regions have a network, and most people in poor places have no relevant knowledge and no channel to learn about bitcoin.
Yes, not everyone in this world knows bitcoin, not to mention people in poor areas are more difficult, and they may not be able to get enough food and clothing, let alone invest in bitcoin, so I do not think Bitcoins can be eliminated poor.
full member
Activity: 434
Merit: 168
February 04, 2018, 01:40:57 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/
There is no doubt for me that this bitcoin is the best solution to end all poverty but i think more rich people will become more ricg because they are the one that can control bitcoin now they get a lot of money but it is okay for me because it can help a lot to all people like me.
sr. member
Activity: 1036
Merit: 281
February 04, 2018, 01:30:03 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/
The answer is simple. Bitcoin can't end the world poverty. Think about it, how the bitcoin will end the world poverty? Even bitcoin created many jobs; it is not enough to end the world poverty.
newbie
Activity: 91
Merit: 0
February 04, 2018, 01:25:10 AM
Many governments around the world poured billions of dollars of funds in effort to eradicate poverty but it seems to be futile as many countries still suffers in poverty every year the number of poors are till increasing. I think bitcoin will not be able to solve poverty because the real probem is not on funding. Many people suffers destructive natural and man-made calamities like the never-ending wars, violent earthquake and supertyphoons. These calamities contributed largely to the continued increase of poverty around the world and no amount of bitcoin can solve this kind of problems.

True... At the end of the day, Bitcoin is just like any other asset, people need to invest in it first to reap its potential rewards.
full member
Activity: 658
Merit: 102
February 04, 2018, 01:21:37 AM
Many governments around the world poured billions of dollars of funds in effort to eradicate poverty but it seems to be futile as many countries still suffers in poverty every year the number of poors are till increasing. I think bitcoin will not be able to solve poverty because the real probem is not on funding. Many people suffers destructive natural and man-made calamities like the never-ending wars, violent earthquake and supertyphoons. These calamities contributed largely to the continued increase of poverty around the world and no amount of bitcoin can solve this kind of problems.
sr. member
Activity: 532
Merit: 250
Presale is live!
February 04, 2018, 12:46:52 AM
if poor people get bitcoin then it can reduce poverty.
member
Activity: 518
Merit: 14
February 04, 2018, 12:34:44 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/
if in my opinion at least bitcoin already suppress the poverty rate and unemployment how many of my colleagues who once poor economic paced less but now have become the millionaires .. but they do not forget gan always leave some of his income for the poor. because they havefeel how to live so poor.indeed yes gan from my experience aja kalo I compare my work income in the digital world is greater than my work in the real world ..
jr. member
Activity: 406
Merit: 2
February 03, 2018, 11:33:36 PM
it could happen if the government can create a legal umbrella, and provide education about bitcoin to all levels of society, it is quite difficult, but if you look at the economic phenomenon of several years back bitcoin contribute to some percent in the world economic growth.
newbie
Activity: 150
Merit: 0
February 03, 2018, 11:31:06 PM
Bitcoin ending poverty? I do not think so. Bitcoin can indeed make a person get rich, but it also depends on luck, because bitcoin is speculative and fluctuating. Rich and poor a person depends on the business he is doing, not determined by bitcoin.
sr. member
Activity: 546
Merit: 250
February 03, 2018, 11:29:22 PM
Few people know about Bitcoin and there are also countries that ban Bitcoin, so it is impossible to get rid of poverty all over the world.

Most people do not know how to use computers and also do not know about Bitcoin.
member
Activity: 231
Merit: 10
February 03, 2018, 11:18:25 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/
No. Bitcoin will not solve the world poverty. Asking why? It is not because of economical systems, regulations and laws, it is because of humans itself. People don't care about making the world a better place, they just care about what they want and where they will profit about. That's why poverty, wars and other world problems will not easily terminate just like that.
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