Can Bitcoin Really End World Poverty? - page 39.

MaitoMaito

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Quote from: JTEN18 on January 14, 2018, 05:49:50 AM

Quote from: Jiddyyy on January 14, 2018, 05:40:48 AM

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, I guess, It depends on the people who use bitcoin, if they are spending a lot then poverty will run into their lives. But if they are a good-handler the poverty will diminished and unemployees rate will fall down since the bitcoin is now getting legalized in our country. Also, if the bitcoin adopt by government and people then the poverty will no longer a problem in a specific country.

Not all people believes in the power of cryptocurrency so how come that bitcoin will end the poverty? I think that it should be 10% of the population will become rich because of believing in this kind of industry, some will just end despair with full of hesitation by knowing bitcoin but hesitated to try it.

Yes indeed, people around age 40-50 are full of skepticism, misled by their heroes and conservative mindset.

MaitoMaito

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It puts all economy centralized system upside-down, where people like you and me have the power. And so efficiency of crypto about everyone wellness relate only on people minds. Somebody choose cryptokitties/cryptotanks, somebody smart-contracts for fair deals. The choice is all matter.

JTEN18

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Quote from: Jiddyyy on January 14, 2018, 05:40:48 AM

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, I guess, It depends on the people who use bitcoin, if they are spending a lot then poverty will run into their lives. But if they are a good-handler the poverty will diminished and unemployees rate will fall down since the bitcoin is now getting legalized in our country. Also, if the bitcoin adopt by government and people then the poverty will no longer a problem in a specific country.

Not all people believes in the power of cryptocurrency so how come that bitcoin will end the poverty? I think that it should be 10% of the population will become rich because of believing in this kind of industry, some will just end despair with full of hesitation by knowing bitcoin but hesitated to try it.

Ailcab

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You have some point in that too. For me I think it can't totally end up poverty but it can help to poor and jobless people to live a good life. Its not that they became rich afterall but its a day to day survival basis for them if BTC dominate our world.

Quote from: Jiddyyy on January 14, 2018, 05:40:48 AM

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, I guess, It depends on the people who use bitcoin, if they are spending a lot then poverty will run into their lives. But if they are a good-handler the poverty will diminished and unemployees rate will fall down since the bitcoin is now getting legalized in our country. Also, if the bitcoin adopt by government and people then the poverty will no longer a problem in a specific country.

Jiddyyy

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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, I guess, It depends on the people who use bitcoin, if they are spending a lot then poverty will run into their lives. But if they are a good-handler the poverty will diminished and unemployees rate will fall down since the bitcoin is now getting legalized in our country. Also, if the bitcoin adopt by government and people then the poverty will no longer a problem in a specific country.

normanderecho

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Quote from: Isaacck1 on January 14, 2018, 05:09:30 AM

I think ending world poverty is an overstatement. First of all, we can not end poverty as a whole, no matter plans we have, no matter what projects are launched it will still end up not solving the problem in all. But I still think that bitcoin can lessen the effect of poverty. Bitcoin could lessen those people who don't have jobs and those who do not earn enough money for their needs.

I think yes,if the people and government adopt the bitcoin currency that time will end the poverty in our country because i see the bitcoin theres a big potential to help every poor persons thats why i think only bitcoin will help us and give a money to buy the needs every day and dont forget also to pray and thank you to GOD to give us bleesings.

Isaacck1

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I think ending world poverty is an overstatement. First of all, we can not end poverty as a whole, no matter plans we have, no matter what projects are launched it will still end up not solving the problem in all. But I still think that bitcoin can lessen the effect of poverty. Bitcoin could lessen those people who don't have jobs and those who do not earn enough money for their needs.

jamirrah

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Try to look on how bitcoin works, bitcoin offers lots of positive financial opportunity for lots of people specially in areas where it is not banned but in order to be part of bitcoin network, a person should have an internet connection, an internet-capable device, and off course atleast few bucks for start up. These requirements I think can't be afford by people who are in state of poverty that don't have anything other than hard earned money not enough even for a one decent meal.

Hamstead

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Quote from: kengeorge21 on January 14, 2018, 12:26:58 AM

it could leasen poverty but not to the point it can vanish the poverty throughout the planet, many people already enriched themselves with this bitcoin but not all have the skills and knowledge to easily learn it.

This the only opportunity for those people who wants to learn not just by they are on poverty. Actually bitcoin can really help to us, but unfortunately not all have chances to take this because of some limited resources and most especially due to internet connections.
A lot of ways to change the status of our life in the society, but bitcoin could have a huge chances that can really help to us.

xDsoGood

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No it's not. How would everyone be more responsible if they there is an easy way to earn. What comes easy won't last. I think bitcoin can help by awaring people like us have something to help other in need

chidrawarster

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No I don't think so it's gonna end poverty. Instead it would bring awareness towards people what wealth holding feeling could be and more and more aware Ness could increase after the necessary knowing of pros and cons. I still feel after regulated it would be used as a virtual currency globally without nay hurdles. That's all I see for now.

claydeey

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Bitcoin can not eradicate poverty but it can, however, lessen the effect poverty to the people because it gives somehow an extra income to the people who engage themselves with BTC and other altcoins as well as campaign and bounties.

Javanewstar

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The Experience Layer of the Decentralized Internet

It's impossible. After all, bitcoin has a lot of speculative elements, so how could it possibly bring jobs to other people? Who pays the wages? Huh

trickee

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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/

no,even all people know bitcoin the poverty will never end because they must have knowledge of bitcoin,they should know the english language.how difficult is it to end if someone else is not studying because of poverty.Bitcoin cam help unemployed to have a job to earn just answer the questions in forum if what is in the rules in signature campaign you joined,you must follow the rules.

CoinChili

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Nope, Its not Bitcoin who could end ones poverty, its the people itself, Bitcoin is only a tool for success, but the true player is the person who wants to be successful, sadly, some people are too lazy in achieving their dreams and become a successful one, you offer them a job to climb up to poverty bu they refused it.

smile1218

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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/

My opinion with this is no. Poverty will depend on how people will cope and do something with it because not everybody knows how to use and trade bitcoin. There are people who knows only the traditional job thay they know and do not have knowledge as well about the existence of the crypto currency.

echo11

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Absolutely no way Bitcoin could ever end world poverty, I don't think people understand why/how money works. Money is inextricably linked to human desires. As long as there is a single human out there desiring something, anything, no matter how small or trivial, extreme poverty must exist.

peterko

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Nothing can end world poverty. The gap between the rich and poor will forever be large. Bitcoin may actually increase this gap instead. Think about it seriously and you will understand.

Rosilito

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Wish for the rain? Then deal with the mud too.

Yes. But sources to create money such as trees and minerals will be in definite shock which means an average amount of trees that will be cut or minerals that will be mined would increase more. As bitcoin continuously been converted to a real money. For me that is downside for our natural resources. But bitcoin is a major solution to a poverty that single family and individuals experience because bitcoin is decentralize, thus, bitcoin is for everyone.

Nerkata

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Mnimize poverty? Possibly. Getting rid of it? No way! Too many factors responsible for poverty to solve them with one solution.

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