Can Bitcoin Really End World Poverty? - page 48.

Lauda

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Quote from: Dotakels on April 07, 2015, 09:45:44 AM

I dont what happened 9/11 terorrist attack because i am 16 only Grin

the users of bitcoin can end the proverty of world because they know what is the really way to end the poverty and its start from yourself. You can help the poor, give them foods opportunity to study, give them jobs so that they can earn and help the others to help the other one or its start to yourself to end the poverty we can end it if we unite.

Well then you should be only observing such threads and avoid giving potentially wrong input. Giving poor people food does nothing but make them a burden another day. It really depends on where these poor people are and at what stage of poverty they are. I mean if they're in Africa they should be taught how to farm and hunt efficiently. If the poor person is in NY or some other big city that is different.
The question is: how can anyone expect a job to be given to someone poor (usually no or low qualifications) when there aren't enough jobs for high qualified people?
The number of Bitcoin users is very small. We have to fight for Bitcoin and not try to be the saviors of this world.

Quote from: bryant.coleman on April 07, 2015, 10:34:51 AM

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

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.

The US defense budget amounts to some $600 billion per year, which is more than the GDP of many of the European Union nations. Most of this amount goes to private military companies such as Boeing and Blackwater. This is the main reason why the United States attack so many sovereign nations without any solid reason.

This is what I'm talking about. It's actually a number of times bigger than the GDP of some countries (there are quite a few ones in bad shape over there). They often secretly create a reason to attack.

bryant.coleman

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

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.

The US defense budget amounts to some $600 billion per year, which is more than the GDP of many of the European Union nations. Most of this amount goes to private military companies such as Boeing and Blackwater. This is the main reason why the United States attack so many sovereign nations without any solid reason.

Dotakels

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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.

I dont what happened 9/11 terorrist attack because i am 16 only Grin

the users of bitcoin can end the proverty of world because they know what is the really way to end the poverty and its start from yourself. You can help the poor, give them foods opportunity to study, give them jobs so that they can earn and help the others to help the other one or its start to yourself to end the poverty we can end it if we unite.

Lauda

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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.

Daniel91

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World Poverty is really very complex issue.
It will be great if we can solve it in such simple way, with BTC but I don't think so.
BTC is just virtual currency, means to do something but in order to solve such complex and difficult problem we need cooperation from many governments, UN agencies, health organizations, private organizations and private people.
We need to give concrete help and support to the people, educate them, invest a lot resources in order to solve this problem etc.
BTC users may donate their earned BTC in order to help financially all this projects and speed up whole process but this is everything we can do, I believe.

Snail2

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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.

Dotakels

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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.

qiwoman2

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Oikos.cash | Decentralized Finance on Tron

We really need a shift in Human emotion and feelings, Bitocin is just another tool. I have been in this sphere for over 3 years and seen the worst of Human nature and a little of the good. Until greed is eradicated and happiness over another's loss for our gain is also eradicated, we cannot end world poverty. Get rid of greedy Whales and Scammy Devs then we can surely think about it healing this planet.

Bitcoinpro

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Quote from: franky1 on April 03, 2015, 02:05:34 PM

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.

even i said bitcoin can do that years ago.

for instance right now bitcoin is stupidly pegged to the US dollar.

this means that based on minimum wage bitcoin is worth:
USA: washington 26 hours 26 minutes labour (washington: min wage $9.47 / btc $250)
USA: california 27 hours 46 minutes labour (california: min wage $9.00 / btc $250)
USA: multiple states 34 hours 29 minutes labour (multiple states: min wage $7.25 / btc $250)
UK: 25 hours 41 minutes labour (UK: min wage £6.50 / btc £167)
china: shanghai 90 hours 25 minutes labour (shanghai min wage 17yuan / btc Y1537)
china: hainan 170 hours 46 minutes labour (hainan min wage 9yuan / btc Y1537)

but imagine that bitcoin was not pegged to dollars.. but instead pegged to a universal measure of X minimum hours worldwide.

EG today imagine bitcoin was measured as being 40 hours minimum wage labour.
that means everyone around the wold no matter what would get a bitcoin for 40 hours work.
of course as deflation occured and demand rised a bitcoin would be worth 41 hours, 42 hours. etc etc.

which people could easily convert into their local currency without having to think about converting to dollars or worrying about dollars stability

I saw your posts getting better recently Franikie and that ones a cracker

Lauda

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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.

Dotakels

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Quote from: bryant.coleman on April 07, 2015, 01:03:04 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.

You don't need the army to protect you from criminals. It is the duty of the policemen to deal with criminals. And reducing corruption alone can alleviate poverty from places like Africa.

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.

bryant.coleman

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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.

You don't need the army to protect you from criminals. It is the duty of the policemen to deal with criminals. And reducing corruption alone can alleviate poverty from places like Africa.

Dotakels

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Quote from: Lauda on April 06, 2015, 11:57:53 PM

Quote from: bryant.coleman on April 06, 2015, 10:41:17 PM

There are 3 billion poor people around the world. How can you donate to all of them, for the infinite time period. The key to reducing global poverty is to:

1. Make people self-sufficient, by educating them.
2. Prevent exploitation by bankers, oligarchs.etc
3. Introduce family planning, so that the poor don't produce a dozen children each.
4. Reduce corruption.
5. Reduce army spending.

I'm not even sure which of those points should get most of the attention. Introducing a new form of currency does not solve these problems. Even though Bitcoin has many benefits, they are quite useless in a undeveloped place.
I've always said this in the past and have never donated anything to such a cause. Feeding them for another day does not do anything. It can actually make things worse.

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.

Lauda

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Quote from: bryant.coleman on April 06, 2015, 10:41:17 PM

There are 3 billion poor people around the world. How can you donate to all of them, for the infinite time period. The key to reducing global poverty is to:

1. Make people self-sufficient, by educating them.
2. Prevent exploitation by bankers, oligarchs.etc
3. Introduce family planning, so that the poor don't produce a dozen children each.
4. Reduce corruption.
5. Reduce army spending.

I'm not even sure which of those points should get most of the attention. Introducing a new form of currency does not solve these problems. Even though Bitcoin has many benefits, they are quite useless in a undeveloped place.
I've always said this in the past and have never donated anything to such a cause. Feeding them for another day does not do anything. It can actually make things worse.

bryant.coleman

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Quote from: ipbo on April 03, 2015, 07:12:13 PM

I think you can help by donating if you want to help the poor ones.

There are 3 billion poor people around the world. How can you donate to all of them, for the infinite time period. The key to reducing global poverty is to:

1. Make people self-sufficient, by educating them.
2. Prevent exploitation by bankers, oligarchs.etc
3. Introduce family planning, so that the poor don't produce a dozen children each.
4. Reduce corruption.
5. Reduce army spending.

sdp

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Quote from: Beliathon on April 03, 2015, 02:21:32 PM

Only collective human compassion can end world poverty.

This makes sense to me. How can we best inspire collective human compassion?

Today, I had a flat tire. Three strangers volunteered to help me. Giving me tools, and lending a hand. They didn't ask for a tip in bitcoin. Now, in the same city there are many robberies and a lot of murders. I live in a very Catholic country, so I am skeptical about a religious solution.

sdp

Mr.K

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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.
[/quote]

Can't agree more.

IlaughAtU

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No, because then the Al Gore's of the world wouldn't have anything to preach about.

Dotakels

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The answer is a big NO. Think of it? World have always war,corruption, killing also terorrism. These are the reason why world is poor. The money? Or any currency cant end of the povery of the world, if the world have peace that is the answer to your question. Even if money can change the people but not the world . Its not only the money can revolve the world , also the peace and unite.

abyrnes81

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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/

IMHO bitcoin can't end the World poverty instead he can generate new work oppurtunity but never end the World poverty. Also if he will replace the FIAT values, he can never end the poverty (the unique way is the donation, every day every time).

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