Can Bitcoin Really End World Poverty? - page 47.

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Quote from: Dotakels on April 08, 2015, 10:36:30 AM

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.

Dotakels

sr. member

Activity: 490

Merit: 255

Quote from: dothebeats on April 08, 2015, 09:00:10 AM

Quote from: sana54210 on April 08, 2015, 08:14:43 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/

I think it can end the world poverty if it gets mainstream adoption and is distributed widely, hope it happens soon Cheesy

Really? Okay, say bitcoin get mainstream adoption and it's already widely-used all around the world, does that mean that it will end poverty because it get worldwide attention? No, that's not the case in here, and bitcoin isn't designed to be the savior of humanity from the chains of poverty. Even if we have the means to help doesn't mean we should do it all the time. Sometimes, we only need to teach them and not feed them in order for them to gain things they need to know for their future.

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.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Quote from: sana54210 on April 08, 2015, 08:14:43 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/

I think it can end the world poverty if it gets mainstream adoption and is distributed widely, hope it happens soon Cheesy

Really? Okay, say bitcoin get mainstream adoption and it's already widely-used all around the world, does that mean that it will end poverty because it get worldwide attention? No, that's not the case in here, and bitcoin isn't designed to be the savior of humanity from the chains of poverty. Even if we have the means to help doesn't mean we should do it all the time. Sometimes, we only need to teach them and not feed them in order for them to gain things they need to know for their future.

gkv9

legendary

Activity: 1246

Merit: 1000

!!! RiSe aBovE ThE StoRm !!!

Quote from: Lauda on April 08, 2015, 08:09:25 AM

Quote from: gkv9 on April 07, 2015, 09:52:31 PM

As well, most countries and places ain't adopting it yet due to being used in black-marketing, frauds, scams, smuggling, selling drugs, etc...

That's not the real reason. Governments usually provide you with fake information and create illusions.
Why don't we get rid of the $, it's being used in all that you've mentioned? Or is the government trying to say that Bitcoin isn't being used for anything else? In either way they're wrong.

Might not be the reason behind...
But $$$ are traceable, BTC ain't (that too in cases where we can say that it was actually transacted "anonymously")...

sana54210

legendary

Activity: 3318

Merit: 1128

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 think it can end the world poverty if it gets mainstream adoption and is distributed widely, hope it happens soon Cheesy

ensurance982

hero member

Activity: 518

Merit: 500

Trust me!

Quote from: Lauda on April 08, 2015, 08:09:25 AM

Quote from: gkv9 on April 07, 2015, 09:52:31 PM

As well, most countries and places ain't adopting it yet due to being used in black-marketing, frauds, scams, smuggling, selling drugs, etc...

That's not the real reason. Governments usually provide you with fake information and create illusions.
Why don't we get rid of the $, it's being used in all that you've mentioned? Or is the government trying to say that Bitcoin isn't being used for anything else? In either way they're wrong.

Quote from: BeatMo on April 08, 2015, 07:23:28 AM

BTC can be helpful in many developing counties, where people do not have access to banking system. it could be a possible solution during hyperinflation.

In many developing countries? What's your estimate for the number of internet users in such countries..?

Effectively everyone has a mobile phone over there. You just need a way to transfer the coins, and you're good to go. You only need a way to transfer information to do that. Even text messages suffice.

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Quote from: gkv9 on April 07, 2015, 09:52:31 PM

As well, most countries and places ain't adopting it yet due to being used in black-marketing, frauds, scams, smuggling, selling drugs, etc...

That's not the real reason. Governments usually provide you with fake information and create illusions.
Why don't we get rid of the $, it's being used in all that you've mentioned? Or is the government trying to say that Bitcoin isn't being used for anything else? In either way they're wrong.

Quote from: BeatMo on April 08, 2015, 07:23:28 AM

BTC can be helpful in many developing counties, where people do not have access to banking system. it could be a possible solution during hyperinflation.

In many developing countries? What's your estimate for the number of internet users in such countries..?

lucullus

hero member

Activity: 529

Merit: 500

Quote from: Hazir on April 03, 2015, 10:59:16 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/

The short and only answer is no, bitcoin will not help to solve world poverty problem. Why? Because economical systems, regulations and laws are not the problem here. Humans are. People are so corrupt and flawed that they do not care about making this world a better place, they just care about themselves. That is why we will never have world without poverty, wars and terrorism. Bitcoin is nice tool but it is people who will be using it. That is the problem.

By your logic we should all just off ourselves

BeatMo

newbie

Activity: 39

Merit: 0

BTC can be helpful in many developing counties, where people do not have access to banking system. it could be a possible solution during hyperinflation.

bisom

member

Activity: 84

Merit: 10

Ending poverty is not related with money type.It is related with humanity.
If we get success to develop the feelings to help other people, poverty will be ended.
I think bitcoin will just speed up to help poor people than fiat currencies.

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Quote from: Fernandez on April 07, 2015, 11:17:09 PM

I know it is nice to think in that way. But all it will do is make a new class of rich people, I mean us. You will always have the same issues no matter what system you use.

Centralization, corruption, manipulation all will be there. It is inevitable. See the Chinese mining farm posted in the other thread, sucking out Bitcoins and increasing difficulty and pushing out the ordinary miner.

I don't think that Bitcoin will create a great many "nouveau riche". Many of the earliest adaptors of Bitcoin sold all their coins in 2011 and 2012, when the BTC prices increased by as much as 10,000%. Same will happen to the current bunch. Once BTC crosses the $1,000 mark, most of the people are going to sell their coins.

Fernandez

legendary

Activity: 1008

Merit: 1000

I know it is nice to think in that way. But all it will do is make a new class of rich people, I mean us. You will always have the same issues no matter what system you use.

Centralization, corruption, manipulation all will be there. It is inevitable. See the Chinese mining farm posted in the other thread, sucking out Bitcoins and increasing difficulty and pushing out the ordinary miner.

silversurfer1958

full member

Activity: 474

Merit: 111

I think Bitcoin was designed to address this issue, to take the power of money control away from the 0.000001%
it might not be perfect, but it's a step in the right direction.

gkv9

legendary

Activity: 1246

Merit: 1000

!!! RiSe aBovE ThE StoRm !!!

Quote from: ?? on ??

Quote from: Lauda on April 03, 2015, 12:04:32 PM

No. Bitcoin was never intended to end poverty. I dislike articles as this one.
The powers that can end poverty, aren't doing so. That's the problem. Don't expect Satoshi to be the savior of this world.

Exactly, there will always be a form of corruption and greed, bitcoin isn't changing everything.

As well, most countries and places ain't adopting it yet due to being used in black-marketing, frauds, scams, smuggling, selling drugs, etc...

Dotakels

sr. member

Activity: 490

Merit: 255

Quote from: dothebeats on April 07, 2015, 12:32:08 PM

Quote from: Dotakels on April 07, 2015, 08:27:36 AM

Quote from: Lauda on April 07, 2015, 07:42:32 AM

Quote from: Dotakels on April 07, 2015, 12:53:07 AM

The few of point are correct. And the other are wrong. If you less or reduce the budget for army. Who will protect us? From criminals,terrorist? And reduce the corruption? Why you said to reduce? The right is to stop corruption because the taxes that they get from us they will put in their on pocket. The sevices that should they gave to us they not do for us. And the correct point is to educate them because this will help to understand the situation of the world and they can solved because they have studded. And the pamily planning. This would help to reduce population and the teenagers will be alert that i they not plan they lives will be destroyed and the lives of their childreb will be ruined.

No it is definitely not wrong. Military budgets are often way too high while the country has other problems that need financial aid. Take the US for example. Look at its military budget. A lot of that money get wasted on projects that are doomed to fail from start.

Quote from: Dotakels on April 07, 2015, 01:12:59 AM

But armies are also criminals they just like a policeman but in the whole country. But in a country that has no corruption its great to hear that because their economy will grow and becomes better. And bitcoin is only a currency or money so the btc cant end the world poverty. Its all up to the people who live with good intention and not doing anything wrong or destroying the law.

Indeed. If the country had no corruption and a functional and working law system everything would be much better. There might almost be no poor people in it at all. Bitcoin does not solve this. Bitcoin can support this though enabling different and faster means of money transfer.

From your example us military have a high budget because the us army helped the the other country to fight terorrist like in the middle east and also isis. So the budget of the us for their army is not high because they need money to buy the needs of the us army.
Thats right bitcoin is the internet money and it can help by donating in the charity to help the poor.

First of all, I do not believe that the US government did not help the terrorists to attack the World Trade Center. No radar readings? Plain bullshit. Given that they spend billions of dollars into military weaponry and gadgets, I highly doubt that they didn't see that thing coming. Second, bitcoin isn't meant to be the savior of the poor. We can't just donate and donate to the poor people. The thing is, most people see that donating to the poor is beneficial to them in the long run when in fact it only helps them get through life in a couple of days/weeks. Why not help the poor get a decent job to get a decent salary and expect that they wouldn't depend in donations to help them live?

Ehem..

Quote

Give a man a fish and you will feed him for a day. Teach a man to fish and you will feed him for a lifetime.

Yeah like i said. Give them a job that they will qualified on their skill or simply give them a right education so that they know what is going on to the world. Maybe they can help us to end or to reduced the number of poor people. We can end this if we unite and if our intention is only one and ita to end poverty we can end it by helping the others.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Quote from: ticoti on April 07, 2015, 01:12:02 PM

I think bitcoin will never end with poverty

It is not its objective and it won't get that.

Bitcoin is focused on tech people and poor people is not with advanced technology.
And what would they do?dump,with its consecuent snowball dump in the price ending with people with less fiat than before.

Not its objective at all

It's not that bitcoin is focused on tech-savvy people. It's just that the tech-savvy people are the ones who get to know bitcoin before the average Joe public. It is true that most countries that are within the shadows of poverty (especially the third-world developing counties) do not have sufficient resources to be technologically-advanced, though at some point, bitcoin may cover a different medium aside from only using the internet. There can be many possibilities that can be achieved with bitcoin. It will soon reach the masses; see a widespread adoption, but the fact remains the same: it will never end poverty.

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Quote from: manselr on April 07, 2015, 12:48:03 PM

Well, you could say the same about fiat money... fiat will make anyone richer if that's their goal?
BTW, richer doesn't mean rich.. someone going from to 0 to 1 USD is already richer.

Buying $100 dollars won't make it $200 anytime soon. Buying $100 worth of Bitcoins now will definitely surpass $200 in the future.
That's what I was aiming at.
FIAT will make anyone richer if they work to get it. In a way you're trading your life for money.

ticoti

hero member

Activity: 854

Merit: 1000

I think bitcoin will never end with poverty

It is not its objective and it won't get that.

Bitcoin is focused on tech people and poor people is not with advanced technology.
And what would they do?dump,with its consecuent snowball dump in the price ending with people with less fiat than before.

Not its objective at all

manselr

legendary

Activity: 868

Merit: 1006

Quote from: Lauda on April 07, 2015, 08:35:50 AM

Quote from: Dotakels on April 07, 2015, 08:27:36 AM

From your example us military have a high budget because the us army helped the the other country to fight terorrist like in the middle east and also isis. So the budget of the us for their army is not high because they need money to buy the needs of the us army.
Thats right bitcoin is the internet money and it can help by donating in the charity to help the poor.

Oh you're one of those government believers? Please tell me more how 9/11 was caused by terrorists and airplanes that don't show up on radar. Roll Eyes

Anyhow I won't have this discussion with someone of such character. Besides it is also going off-topic.

Quote from: Snail2 on April 07, 2015, 08:28:28 AM

No, bitcoin will not end world poverty and it never intended to do so. It's a quick, cheap and effective payment network, and a sort of financial asset. Nothing more. As you need money to get in, I think it will actually make the rich richer.

Everything makes the rich richer. Only proportional taxes/pricing could help out I guess. Bitcoin will make anyone richer if that's their goal. Bitcoin should be used as a currency though.

Well, you could say the same about fiat money... fiat will make anyone richer if that's their goal?
BTW, richer doesn't mean rich.. someone going from to 0 to 1 USD is already richer.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Quote from: Dotakels on April 07, 2015, 08:27:36 AM

Quote from: Lauda on April 07, 2015, 07:42:32 AM

Quote from: Dotakels on April 07, 2015, 12:53:07 AM

The few of point are correct. And the other are wrong. If you less or reduce the budget for army. Who will protect us? From criminals,terrorist? And reduce the corruption? Why you said to reduce? The right is to stop corruption because the taxes that they get from us they will put in their on pocket. The sevices that should they gave to us they not do for us. And the correct point is to educate them because this will help to understand the situation of the world and they can solved because they have studded. And the pamily planning. This would help to reduce population and the teenagers will be alert that i they not plan they lives will be destroyed and the lives of their childreb will be ruined.

No it is definitely not wrong. Military budgets are often way too high while the country has other problems that need financial aid. Take the US for example. Look at its military budget. A lot of that money get wasted on projects that are doomed to fail from start.

Quote from: Dotakels on April 07, 2015, 01:12:59 AM

But armies are also criminals they just like a policeman but in the whole country. But in a country that has no corruption its great to hear that because their economy will grow and becomes better. And bitcoin is only a currency or money so the btc cant end the world poverty. Its all up to the people who live with good intention and not doing anything wrong or destroying the law.

Indeed. If the country had no corruption and a functional and working law system everything would be much better. There might almost be no poor people in it at all. Bitcoin does not solve this. Bitcoin can support this though enabling different and faster means of money transfer.

From your example us military have a high budget because the us army helped the the other country to fight terorrist like in the middle east and also isis. So the budget of the us for their army is not high because they need money to buy the needs of the us army.
Thats right bitcoin is the internet money and it can help by donating in the charity to help the poor.

First of all, I do not believe that the US government did not help the terrorists to attack the World Trade Center. No radar readings? Plain bullshit. Given that they spend billions of dollars into military weaponry and gadgets, I highly doubt that they didn't see that thing coming. Second, bitcoin isn't meant to be the savior of the poor. We can't just donate and donate to the poor people. The thing is, most people see that donating to the poor is beneficial to them in the long run when in fact it only helps them get through life in a couple of days/weeks. Why not help the poor get a decent job to get a decent salary and expect that they wouldn't depend in donations to help them live?

Ehem..

Quote

Give a man a fish and you will feed him for a day. Teach a man to fish and you will feed him for a lifetime.

Topic: Can Bitcoin Really End World Poverty? - page 47. (Read 10109 times)