Can Bitcoin Really End World Poverty? - page 33.

gabmen

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Quote from: jostorres on January 31, 2018, 03:22:55 AM

Quote from: caloy06 on January 29, 2018, 06:06:15 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.

Right. That's keeping it real. Its not logical to put that much hope in btc to solve a problem that governments have a hard time addressing. Btc is even having a hard time solving issues within itself so better have your governments handle poverty issues

Shrinath

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I completely agree and in terms with your opinion and also share the opinion of Brian Singer that Bitcoin and blockchain encryption technology has a greater ability to bring more of the world's population out of poverty than anything we've seen in decade. We have hardly seen any honest effort by anybody in the world before to do it. Name me a person who had contributed behind having the selfless to ensure that each and every citizen is given the opportunity to sincerely try and make the ends meet, at least as far as the minimum regular earning of the person in question is considered. Brian shares that Blockchain cryptography is all about digital transfer of ownership in a completely transparent and public way. Once you introduce blockchain cryptography you have a public ledger of ownership and transfer that cannot be denied because it's absolutely transparent. It is the means through which these individuals can get exactly what is needed to bring themselves out of poverty.

Ian11

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Quote from: bornil267645 on April 03, 2015, 10:54:32 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/

Yes, because their is so many things that can bitcoin help us, first is poverty. Preventing poverty help us and our community to become healthy and best community, also to our country. Bitcoin also help us for our financial support. So bitcoin is possible to overcome or solve poverty, helps your country and also yourself. We need to have a unity and also you have to take an action to overcome it.

jostorres

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Quote from: caloy06 on January 29, 2018, 06:06:15 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.

jeanpadel14

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I think bitcoin cant end world poverty because since then no one discovered how to end poverty this is part of our problem in whole world.But i think bitcoin can less the rate of poverty.because of the opportunities that it have.If the unemployed people and those employed but thier salary is not enough to support their expenses.Bitcoin get make their side line.

jritz2344973

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Quote from: Ekimzjames20 on January 30, 2018, 08:19:37 AM

Quote from: majeis on April 03, 2015, 02:19:37 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.

I do not think Bitcoin should be a good investment in such a way as to get rid of the world poverty, but economic development depends on the state.

buhchain

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Bitcoin can not end the world's poverty, but it can make some investors wealthy.

joan26

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Quote from: bornil267645 on April 03, 2015, 10:54:32 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 don't think so. Because bitcoin can only access by the internet. So how does the beggars access it? They are the poorest people I know. Unless the government give them a gadgets one by one and teach them how to use it and also all about bitcoins.

Hypnosis00

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Bitcoin cannot end the world poverty because it is almost more than a decade and bitcoin is still not make a lot of rich and there is still a lot of people that are under the poverty line of our world and that is a proof that bitcoin is not a magic that it can just solve one of the world's biggest problem that we have been facing for a really long years.

1969Dave

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Don't know but with the blockchain technology it will be easier to reach out to people who are not able to get a loan from a credit institution.

Ekimzjames20

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Quote from: majeis on April 03, 2015, 02:19:37 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.

chikading2016

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Bitcoin end world poverty? No, it cannot be. It could just lessen the poverty not to end. Because their are some part of this world are not civilized yet. And also it depend to many users in bitcoin if they have the will to help other people or poor people from being steak in poverty. And also one of the reason many bitcoin users are using it to bad things instead helping other people. But if we help each other and help other people around the world we can terminate and end world poverty.

spiritguardcharles

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If you'll ask me it would be a no.Why? even if bitcoin raised the economy of a particular country there's still some important factors that we should consider first aside from the economy which causes poverty such as overpopulation,lack of education and etc.Moreover,the solution to end poverty depends to individuals so if they don't have any resolve to overcome poverty then there's a high possibility that it won't be ended.Also,not all the people are capable to do and invest time since most of them has no education

Umar001

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I don't want to sounds pessimistic here, but its not possible for bitcoin to end world poverty, bitcoin can only reduce poverty level in the society, poverty is global problem, so it go beyond bitcoin to end world poverty.

think3214

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I think this is impossible, bitcoin will not generate income for everyone in the world. Actually investing in bitcoin requires you to master the knowledge. Be smart, catch the new market can generate income from bitcoin. Some people have lost a lot in bitcoin. They lose a lot of capital and they become poor. Bitcoin generates quick income, but the risk is very high.

kriticko29

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Quote from: bornil267645 on April 03, 2015, 10:54:32 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/

It would be hard to tell though. Bitcoin can help some to make their lives more suitable for living in the real world but removing poverty in the world would be hard to do. We can't expect others to understand crypto currency in just a short period of time since most of the people that lives in poverty is those who didn't went to school. Poverty can only be solved when everyone in that section of the society makes a move to make their lives better.

KingdomHearts

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Quote from: paking.retard on January 28, 2018, 11:59:22 PM

Bitcoin cant end the world poverty because many people can use computer, cellphone or cant read maybe not now but soon

Yeah! There are few limitations for using bitcoin and taking advantages from this amazing currency. The thing is that majority of the people are able to use simple personal computers or smart phones. Smart phones are nothing any extra ordinary thing in the world of technology.

They have been there for years now. Bitcoin has improved state economy by making people capable enough for establishing their own businesses.

DunnDy

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I am afraid this is not as easy as it might seem and as of today it is unmanageable. Bitcoin transactions would have to be completely universal and transaction fees wouldn't exist. Nevertheless, mining by the people who can afford computer would bring them some profits but we have to remember that electricity also costs so in order to kick you need to have some capital.

logicgate

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Quote from: Babylon on January 29, 2018, 11:36:46 AM

Nope. What do you think of bitcoin? Free money? Hell no! You need to exert some work to get some! Also, if that person is really poor like he can't access internet then Bitcoin can't help them regarding that matter. Bitcoin has a set of requirements as you can see so not everyone can really use it unless they fulfilled it.

It is really a difficult thing for bitcoin to claim that it will remove the poverty from this entire world. There is a contribution of bitcoin in eliminating unemployment but even then, that contribution is not enough that it will remove the poverty from the whole world. There needs to be number of other things too like that of bitcoin using which we can remove the poverty from this world.

doblok

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Along with the development of bitcoin indeed every that I produce really satisfactory and can meet the needs of my family will but if the end of world poverty is uncertain because many countries that prohibit the development of bitcoin

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