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Topic: Can Bitcoin Really End World Poverty? - page 46. (Read 10109 times)

full member
Activity: 196
Merit: 100
June 01, 2016, 01:07:32 AM
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.

The appearance in the wide use of tools required for trading in Bitcoins, can change the world, lead to efficiency and wealth.
hero member
Activity: 630
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Cryptocurrency Wallet - Denaro.io
June 01, 2016, 12:16:34 AM
My answer is no, Not all poor can use internet, Mid ranges family often use bitcoin.And i think they will not make the poverty end. you need luck and strategy when you are using bitcoin, Some lacks luck some lacks strategy.

If theira a will theirs a way men, for those saying no is just scambag and dont have courage and totally wasted guy how can you say theirs no internet while there free vpns existing in internet world and can provide free connection, no internet is not a valid reason for usinh it men if you really find ways you can earn with it and can sustain your living temporarily and dont think money will come to you just work for it thats what bitcoin offered to us to get easy side job earnings our only contrbution is we will work for it.
full member
Activity: 224
Merit: 100
June 01, 2016, 12:00:15 AM
My answer is no, Not all poor can use internet, Mid ranges family often use bitcoin.And i think they will not make the poverty end. you need luck and strategy when you are using bitcoin, Some lacks luck some lacks strategy.
hero member
Activity: 630
Merit: 500
Cryptocurrency Wallet - Denaro.io
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 it's possible, but for the near future is not. why not, due to limited information about bitcoin caused by the prohibition of some governments which ban bitcoin. But I guess if all countries have approved the use bitcoin, I think poverty can be eradicated. or could even benefit for corrupt and make more rampant poverty. thank you

Its really possible and i can see by using this i can earn the same or even much more for who works same in companies and it really help poverties because they can use it anywhere as long as there are internet connection,  money is in online and even students can go to school and sustain their tuition by joining this furom and other sidelines in fb groups.  They can earn money there.
sr. member
Activity: 322
Merit: 250
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 it's possible, but for the near future is not. why not, due to limited information about bitcoin caused by the prohibition of some governments which ban bitcoin. But I guess if all countries have approved the use bitcoin, I think poverty can be eradicated. or could even benefit for corrupt and make more rampant poverty. thank you
hero member
Activity: 1372
Merit: 564
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.First is computer setup or cellphone that can use internet,internet connection itself and alot of time.Which other peoples cannot avail but if government will help them get that things then it may be the end of poverty
member
Activity: 112
Merit: 10
April 10, 2015, 12:32:46 AM
Bitcoin will not end world poverty by itself, I think. It's a step in the right direction though.
sr. member
Activity: 322
Merit: 250
April 09, 2015, 11:49:14 PM
It may help reduce the poverty, but can't end the world poverty. it can help people protect they assets from government, and create more fair circumstances.
legendary
Activity: 3766
Merit: 1217
April 09, 2015, 10:06:48 PM
#99
Bitcoin won't end world poverty. How could it end it?

Although it may not be eradicate poverty from the face of earth, it will succeed in preventing exploitation by the bankers and there by giving more purchase power to the ordinary people. Therefore we can say that Bitcoin might be able to reduce poverty.
legendary
Activity: 2632
Merit: 1094
April 09, 2015, 02:49:47 PM
#98
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. If stock markets could end poverty then bitcoins would be next. Many people are not aware of the use of bitcoins currently and the price has not reached a level which could gather people a huge profit. With forex, it is possible to earn $100 per day by just making small trades but it's still not possible with bitcoins as you need to buy atleast 10-20 BTC to earn that amount.
hero member
Activity: 602
Merit: 508
April 09, 2015, 11:42:07 AM
#97
Bitcoin won't end world poverty. How could it end it?
legendary
Activity: 3766
Merit: 1217
April 09, 2015, 11:32:25 AM
#96
I guess it mostly comes down to the question whether you believe that Bitcoin as a decentralized and independent system may help the people, or as a speculative asset that could appreciate in value in a remarkable way.

Bitcoin can be a combination of both. It is a decentralized currency with an independent system which can be considered as an asset at well. So the "question" is not significant here.
rax
member
Activity: 86
Merit: 12
April 09, 2015, 08:24:27 AM
#95
Mobile phones are one of the lousiest conceivable choices for storing a private key. I'll just leave this here.
hero member
Activity: 518
Merit: 500
Trust me!
April 09, 2015, 07:45:53 AM
#94
I guess it mostly comes down to the question whether you believe that Bitcoin as a decentralized and independent system may help the people, or as a speculative asset that could appreciate in value in a remarkable way.
legendary
Activity: 3766
Merit: 1217
April 09, 2015, 07:43:32 AM
#93
I do not think it will end it, i think it will make it worst. we are living in capitalism and with bitcoin it will get more worst.

Definitely not. It will not make it any worse. It will prevent exploitation by the bankers. But the question is whether that alone will alleviate poverty.
legendary
Activity: 3248
Merit: 1070
April 09, 2015, 05:57:28 AM
#92
I do not think it will end it, i think it will make it worst. we are living in capitalism and with bitcoin it will get more worst.

how so? it should help at least against the barrier of different fiat currency, if some poor want to pay for medicines that aren't available in his country, he need to convert his money and pay a fee for that, that can be high, with bitcoin this is not necessarely

sr. member
Activity: 462
Merit: 250
April 09, 2015, 04:31:18 AM
#91
The world poverty was generated by many factors, not only the bank system. Bitcoin may reduce the  poverty, but can't end the poverty.
Lots of country are poverty, because the war, as most area of African.
hero member
Activity: 699
Merit: 501
April 09, 2015, 04:27:13 AM
#90
I really think it can. You can create and use btc without a bank account, or any sort of account for that matter. Which is really useful since it would be eaisly accessible to everyone, everywhere without any requirement.
legendary
Activity: 3766
Merit: 1217
April 09, 2015, 01:32:02 AM
#89
Just went through some articles regarding the Greek crisis. Between 2010 and 2014, some € 330 billion were stolen by the bankers there, which in turn caused the unemployment rate to rise to 30%. A lot of people now live in poverty as a result of this. The Greeks would have been prosperous without the bankers. So we can say that replacing the banks with Bitcoin can help in reducing the poverty rates.
sr. member
Activity: 490
Merit: 255
April 08, 2015, 02:26:47 PM
#88
We should not feed them . We should teach them how to get a food or how to live in this world. They should know that not all the times we can help them and they should know that they should learn how to live without hoping to others. And we cant decided for their future.

I agree with you. That is why the whole concept of delivering food and medicines to parts of the world like Sub-Saharan Africa is a failed tactic. Rather than delivering food and medicines, we should focus more on education, job training, family planning and anti-corruption measures.
Bitcoin helps people to have idea what bitcoin is really are, gives a knowledge, and also money. It is not for the problem of humanity. If they want to end the poverty of the world do it by their selves and we can help them but not all the times. All things have limit when the time that we can't help theu should what must they do. They can do it by studying.
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