At some point it does make sense, but just imagine how many are there who are so poor and how can it be solved just by cryptocurrency. It can help, but not solve.
How exactly will crypto eradicate poverty?
Please explain.
Topic: Crypto Currency has theability to remove poverty. - page 2. (Read 699 times)
How exactly will crypto eradicate poverty?
Please explain.
At some point it does make sense, but just imagine how many are there who are so poor and how can it be solved just by cryptocurrency. It can help, but not solve.
cryptocurrency give a new way for people to make money with doing many ways related with cryptocurrency. we can be the investor, trader, holder, or even for just take a look what is happening in the market. maybe cryptocurrency have the ability to remove poverty but it depends on that person and if he can work in many ways, then I am sure that he has a chance to make money from cryptocurrency.
Crypt is the technology of the future, so I think that if you just decide to trade or not, then I'm sure that you should. Because this is something that can bring you money
Crypto has gained a significant value in recent time. And I have seen some people who have been able to wash out their miserable by trading in crypto. In this point I believe crypto has the value than can remove poverty from a country. What is your thought?? Have you seen anyone who have been rich by Crypto??
No. It doesn't work that way.
Money makes more money, If you're poor you'll stay poor because you don't have the money to invest. Every cent matters when you have a few $ in your pocket. If you invest them it'll be a too great of a risk but if you don't invest you can't make a profit.
Rich dudes, and those of us that aren't rich but we're not poor also, can invest their money without jeopardizing their basic needs.
Crypto is very volatile and risky and it's not poor-friendly.
BTC had/have a great idea about decentralization but in the end big money and whales control the money flow.
crypto is not for getting rich quick, but it is a great technology because many people have evolved with the emergence of this crypto, they are pouring their ideas to create a useful project and have their own goals. there may be many who can be rich but nothing instant without struggle, effort and hard work. great tech crypto
In general, I think that if you dedicate at least 3 hours a day during the half year, you can sort out the crypt a little. I think that day trading is the most profitable.
I think it's possible to make big money. However, in general it is difficult to do within the country, but I'm sure it's possible.
Crypto has gained a significant value in recent time. And I have seen some people who have been able to wash out their miserable by trading in crypto. In this point I believe crypto has the value than can remove poverty from a country. What is your thought?? Have you seen anyone who have been rich by Crypto??
Crypto Currency has not the ability to remove poverty. Trading crypto is certainly not the way for the poor people to get rich.
A few wrong trades and you end up with 0. The rich people can reinvest, the poor people can't, game over!
Most people who play in the world of crypto do not show the wealth they have and can be said to be always anonymous. Maybe you mean people who already understand cryptocurrency.
In this point I believe crypto has the value than can remove poverty from a country. What is your thought?? Have you seen anyone who have been rich by Crypto??
It is not a magical recipe to remove poverty from a country but trading with bitcoin will give them immense trading capabilities to trade globally without the help of a third party and that is the most important aspect of this market and that trading capacity could help in removing poverty if used properly. 
Several countries with a weak economy were seriously engaged in the development of their national cryptoccurencies. I think that this is the right way to develop the economy.
Crypto Currency really has the ability to remove poverty but only if done correctly and most of the people will do it. Unlucky individuals may not have access to internet and this will prevent them in enjoying the many benefits of digital currency investing.
Yes, I think cryptocurrencies have this ability. This is a very good side. However, if the investment is careless. It may make you bankrupt. This is the rules of the game.
Crypto currencies are no doubt one of the biggest revolution of the present century and that with the introduction of the crypto currencies, things have started changing in so many ways especially when it comes to that of the changing of the lifestyle of the ones who trusted the crypto coins and started investing their money into different crypto coins. These crypto currencies will keep on helping us in a similar manner in the future too.
The current market of cryptocurrencies does have many opportunities for making money, and opening exchanges can bring huge benefits to the government. However, because many people do not understand this market now, there are actually very few people involved in it.
Crypto Currency is a big help to remove poverty if the people itself work for it. Cryptocurrency is not a free money you must work for it, I read a certain qoute, "if you born poor it's not your fault but if you die poor then it's your fault". Truely crypto currency has the ability to remove poverty but you must work for it.
According to me crypto and poverty can't be linked . People who are really under poverty, don't have access to basic amenities like computer , laptop or smartphone . I would say cryptocurrency helps lower middle class people but not the people under poverty. Also Cryptocurrency can help people earn money, but it still depend on your capability to trade and invest in cryptomarket.
Yeah, we keep saying crypto will eliminate poverty, but if we really want to be truthful to ourselves, except for those who are lucky enough to understand the true nature of cryptocurrency and invest smartly, or those who are fortunate enough to have access to the internet or those who maybe one way or the other may have bumped into it earlier by chance or someone who pushed them into investing wisely, most people who are poor for real, will not at the end find it easy to be a part of the space.
Yes, one of the benefits that ruly applied in crypto is it can reduce the poverty. For, many people now join in crypto and they can earn much money from it. Many people lives are changing during the period. They work and earn the coins to be cash out. I know that there are still many benefits of crypto such as getting the higher technology and progress and many others.
If someone made money, then someone else list it. And there are many people who are not financialy literate. These people will lose how much money they get.
Cryptocurrency is a risky investment with the possibility of a large income. However, the crypto currency does not make all people rich.
You need to understand that you only need to invest in reliable and promising projects
A pretty risky investment and it takes being careful and investing wisely to be able to enjoy the benefit in the long run. First and foremost, a lot of people and most especially newbies need to understand that cryptocurrency is not a get rich quick scheme and those who are getting the wrong idea are the ones making huge mistake at the end and panicking easily once the market drops badly.You need to understand that you only need to invest in reliable and promising projects
It should be more of a long term investment and due to its volatility, people should learn to invest wisely as it is one thing to want to remove poverty and it is another thing to add to it.
Jump to: