Topic: Can Bitcoin Really End World Poverty? - page 42. (Read 10109 times)
No way. And by the way I've read that 4% of the people in the Bitcoin network own 90% of the assets. I don't know if the numbers are accurate, but this replicates the usual pattern in the world. This won't make poor people less poor.
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/
Is it possible?
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
Well I dont have the guts to say something whixh is not realistic but in my own perspective, Bitcoin could eradicate poverty on its own, but with the help of local nd private entities as well as rhe government, I think its possible. The greates thing that will end poverty I think is the monetary unit of each country must be equal, people couldnt afford goods because of the high price than they could.
Bitcoin has the potential to make the individual rich depends on their effort and patience to earn enough income. Since you were referring to the world’s poverty, I don’t think it will happen because for sure it is under control of the government. Bitcoin has a potential to increase its value and only few have these kinds of coins and in just one click or wave, it doesn’t have the power to end the poverty of the world because obviously it is not a magic at all.
Well all I know is I doubt that bitcoins can end world poverty, because there are countries only absorving the system of bitcoins and majority countries are not aware of it. and majority of the individuals are lack of knowledge on web or online income. 
It can end the poverty of those who are already into bitcoin and are aware about how to earn money from it but it cannot make poorer a rich person as they don't know what is bitcoin all about.
Well all I know is I doubt that bitcoins can end world poverty, because there are countries only absorving the system of bitcoins and majority countries are not aware of it. and majority of the individuals are lack of knowledge on web or online income.
It can end the poverty of those who are already into bitcoin and are aware about how to earn money from it but it cannot make poorer a rich person as they don't know what is bitcoin all about.
Well all I know is I doubt that bitcoins can end world poverty, because there are countries only absorving the system of bitcoins and majority countries are not aware of it. and majority of the individuals are lack of knowledge on web or online income.
It can end the poverty of those who are already into bitcoin and are aware about how to earn money from it but it cannot make poorer a rich person as they don't know what is bitcoin all about.
Well all I know is I doubt that bitcoins can end world poverty, because there are countries only absorving the system of bitcoins and majority countries are not aware of it. and majority of the individuals are lack of knowledge on web or online income.
No, people always want to do nothing and get a lot of money for free, this type of people will always suffer of money insufficiency. Any currency can't do this.
That is only half truth.Poor health,illiteracy,and unemployment are also some of reasons for poverty.It is not just that people do not want to do anything and become rich.In most of third world countries, its is difficult to get job and even worse two time meals
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/
Is it possible?
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
Poverty is a condition that no currency can solve. Poverty is historical it exists hundred of years ago when mankind created society. But long before that poverty is limited to food. But when society is established poverty also evolved. This kind of situation cannot be solved simply by changing currency since there are multiple factors that cause or made poverty in a certain period.
I don't about ending poverty but surely bitcoins can make societies better and financial works easier and secure.
No, people always want to do nothing and get a lot of money for free, this type of people will always suffer of money insufficiency. Any currency can't do this.
That is only half truth.Poor health,illiteracy,and unemployment are also some of reasons for poverty.It is not just that people do not want to do anything and become rich.In most of third world countries, its is difficult to get job and even worse two time meals 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/
Is it possible?
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
Poverty is a condition that no currency can solve. Poverty is historical it exists hundred of years ago when mankind created society. But long before that poverty is limited to food. But when society is established poverty also evolved. This kind of situation cannot be solved simply by changing currency since there are multiple factors that cause or made poverty in a certain period.
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/
Is it possible?
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
Poverty is a condition that no currency can solve. Poverty is historical it exists hundred of years ago when mankind created society. But long before that poverty is limited to food. But when society is established poverty also evolved. This kind of situation cannot be solved simply by changing currency since there are multiple factors that cause or made poverty in a certain period.
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/
Definitely, No, since before you do bitcoin you need internet, electricity, and computer. And how can you end poverty with these requirements for this. But it might help someone depending to the person who use bitcoin. Is it possible?
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
The answer is very simple...NO! Bitcoin can't end world poverty by any way. It can only make rich people richer. Bitcoin is a currency of internet and most of the poor people don't have access to the internet. Bitcoin is not a physical asset and hence poor people will not be benefited from it.
But if there is someone kind enough to take the responsibility to buy all bitcoin and donate to the poor people, then it may help. lol!!
But if there is someone kind enough to take the responsibility to buy all bitcoin and donate to the poor people, then it may help. lol!!
It can only make rich people richer. This statement of yours is politically incorrect. It's just a medium of transferring value, nothing else.
But IMO, ontopic, No it can't. It was never even meant to address that problem.
The answer is very simple...NO! Bitcoin can't end world poverty by any way. It can only make rich people richer. Bitcoin is a currency of internet and most of the poor people don't have access to the internet. Bitcoin is not a physical asset and hence poor people will not be benefited from it.
But if there is someone kind enough to take the responsibility to buy all bitcoin and donate to the poor people, then it may help. lol!!
But if there is someone kind enough to take the responsibility to buy all bitcoin and donate to the poor people, then it may help. lol!!
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/
Is it possible?
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
If world poverty will really end, it should have ended long time ago since a lot of currency was already invented. But till now poverty is seen everywhere. How can bitcoin end world poverty if bitcoin is earned through the use of computer? How about those people who doesnt even have a cellphone. The only solution for world poverty is the equality of everyone. If those rich people will only live simply, other will simply live.
Some of us here although not really in poverty is already being helped by bitcoin. The lack on salary and taxes should be paid could be taken back in profiting from this.
I agree that bitcoin give big help to many of us here but that's not mean it will end proverty. How bitcoin will help if theres no internet connection ? How you will earn if you don't know what it is? I know bitcoin now is so popular but we need to introduce it more to other poor country who don't have any idea of what big change will happen if they know bitcoin and how to earn with it.introduce a bitcoin to other poor country but they all not know yet how to get bitcoin, I think it will be big problem. we all know about ripper, scammer, etc who like stealing other bitcoins is possibility they are less education about how to getting bitcoin in correctly.
Some of us here although not really in poverty is already being helped by bitcoin. The lack on salary and taxes should be paid could be taken back in profiting from this.
I agree that bitcoin give big help to many of us here but that's not mean it will end proverty. How bitcoin will help if theres no internet connection ? How you will earn if you don't know what it is? I know bitcoin now is so popular but we need to introduce it more to other poor country who don't have any idea of what big change will happen if they know bitcoin and how to earn with it. 
Some of us here although not really in poverty is already being helped by bitcoin. The lack on salary and taxes should be paid could be taken back in profiting from this.
Creating wealth and financial security in the developing world - is not only satisfying our innate altruistic needs. It also indirectly beneficial to all of us. If we want a truly sustainable future for the Earth, we need to use all available tools to solve problems, and Bitcoin is a key element.
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