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Topic: Can Bitcoin Really End World Poverty? - page 32. (Read 10109 times)

full member
Activity: 196
Merit: 274
February 03, 2018, 11:11:36 PM
Bitcoin can happen if numerous people adopt bitcoin, however bitcoin will just avert pheromones that exist in this world. this must be done to mean numerous things, if the fiat is assumed control by bitcoin to be taken care of, on the off chance that it needs to end the world's better destitution the administration legitimizes bitcoin in its nation so individuals can join bitcoin to win benefit and gain from bitcoin. on the off chance that bitcoin is acknowledged in all nations most likely nowadays that there are continuous number of company that adopt bitcoin.
sr. member
Activity: 728
Merit: 254
February 03, 2018, 11:08:25 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/
I don't think so. Bitcoin may be considered very popular all over the world but the chances that it will reign on every individual's life is not something that will happen in an instant. We all know that bitcoin has been banned for some countries like China that's why it is impossible for now to expect that everyone will use bitcoin as an instrument to get out of poverty.
newbie
Activity: 72
Merit: 0
February 03, 2018, 11:05:49 PM
This is somehow impossible but I think there's a possibility that it would happen in the future if everyone is trying to help each other. If there's Unity , love and peace,,nothing's impossible.
full member
Activity: 360
Merit: 100
February 03, 2018, 11:01:08 PM
This is impossible. I think bitcoin can not make all poor people richer. It only contributes a small part to solving the problem of employment. bitcoin is not enough for all. there will be the poor and the rich.
member
Activity: 94
Merit: 12
February 03, 2018, 10:53:00 PM
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.
member
Activity: 336
Merit: 10
February 03, 2018, 01:38:42 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/

For those people who have already gained wealth from bitcoin, i think they should somehow think of what is the best thing to do right to end world poverty. They can use their money to produce employment which can help other people to earn for themselves.
hero member
Activity: 798
Merit: 527
February 03, 2018, 01:21:14 AM
I think maybe because, we don't if the bitcoin is the solution of end world poverty.If we know all people about bitcoin maybe the poverty in the world is end and if we teach to all of the school or it can be a course in collage maybe it is the way of end poverty in the world.
Though I am big fan and enthusiast of Bitcoin but I would like to keep things more real.  It is not possible to get rid of poverty worldwide. First of all, majority of poor people have no education and without that it is not easy for them to use Bitcoin.

And if they had education then there won't be this problem of poverty in the first place. Because if someone has skills and knowledge he can definitely earn money easily.
It is really not easy to end poverty form the face of earth because of very obvious reasons. It is the government of that country that can do maximum about eliminating poverty form their state. No one from outer world is going to do this for them, even those who give them aids, they are not there for them all the time. Bitcoin has certain limitations, the person needs to have laptop or PC and should be educated one.
sr. member
Activity: 726
Merit: 251
February 02, 2018, 01:01:32 PM
I think this is not a solution as the end of poverty exists or may be helpful in finance. Some people will not believe in bitcoin as a momentary trick they use for their knowledge of what's on their mind. Cool
full member
Activity: 195
Merit: 103
February 01, 2018, 04:09:50 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.
newbie
Activity: 74
Merit: 0
February 01, 2018, 04:07:02 AM
In future it will really end the poverty. After all people knowd about bitcoin and it's advantages it will help to prevent world poverty.
jr. member
Activity: 308
Merit: 2
February 01, 2018, 04:04:33 AM
I am not sure that really poor people have access to bitcoin, trading and ect. so my answer is no unfortunately.
full member
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February 01, 2018, 03:51:39 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 bitcoin can be a tool to end the poverty but it will depends on the people who are handling the bitcoin, and I think if all people or humanity will learn to love and share their love to other strangers then it can be possible.
legendary
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February 01, 2018, 03:51:10 AM
There is so many unemployed people from such countries working full time with bitcoin, and earning their living from this work. So it is another source of hope for them.

Do you have an estimate for such people? I don't think that individuals working full time on Bitcoin is greater than 1,000, which is a minuscule number. So the impact of Bitcoin on the job market, especially that in the third world nations is quite limited.
full member
Activity: 651
Merit: 103
February 01, 2018, 03:46:19 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/
Bitcoin can't end the world poverty because there are no person, organization and government that can end the world poverty. Poverty will exist in this world forever because our resources are limited. Bitcoin is not the key to end the world poverty.
member
Activity: 154
Merit: 10
February 01, 2018, 03:41:55 AM
Ok, first of all, that's not how economy works.You can't just make "something" out of nothing(in this case cryptocurrency) and give it to everybody and they will all be good and well. Every "cryptocurrency" that you create has a USD translatation (which means that its value is expressible in USD) therefore has an equal good in the physical world. Long story short, every satoshi has to have an equivalent into something that ppl use(primary food, water etc etc), that's because ppl don't eat satoshi or cryptocurrency. It's way more complex, but that's a summary.

jr. member
Activity: 322
Merit: 3
February 01, 2018, 03:38:33 AM
I am not sure about it as bitcoin is limited and it would be in hands of limited amount of people.
jr. member
Activity: 41
Merit: 13
February 01, 2018, 03:35:52 AM
Bitcoin can not end the world's poverty, but it can make some investors wealthy.
Yes, I agree, not all people know bitcoin right now, so it's impossible to make the world rich.
sr. member
Activity: 552
Merit: 250
January 31, 2018, 04:22:54 PM
Bitcoin can't end the poverty around the world, but it can help to reduce the number of poor people especially in the third world countries. There is so many unemployed people from such countries working full time with bitcoin, and earning their living from this work. So it is another source of hope for them.
hero member
Activity: 2110
Merit: 502
January 31, 2018, 04:13:59 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/

This is what everyone needs especially those with small incomes, chances are everyone will switch to bitcoin use and they will also earn a very good income in bitcoin, maybe this is a fixed solution to tackle the world's increasingly insecure economic problems !!
full member
Activity: 588
Merit: 101
January 31, 2018, 04:06:50 PM
Poverty will remain as long as people judge others by how much wealth they have accumulated, and as long as there are societies with social stratification.

No, it will not end world poverty because how about the people without knowledge bitcoin.I think it will lesser the world poverty of the people updated the new generation but not the end of world poverty.
How can it do it? People, who drag their poor life cannot deal with Bitcoins, and the profits that blockchain can bring to others is nothing to them. Yes, some of us will pay less fees and be able to make cheap faster transactions, buy stuff for crypto, but it does not have any connection with the problem of poverty.
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