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Topic: Cryptocurrency to feed the poor? - page 2. (Read 2234 times)

member
Activity: 109
Merit: 100
August 21, 2017, 06:31:25 AM
#56
Crypto currency can be used as a charity for the poor, but it will not stop poverty, because the food will eventually end soon and money will be needed to buy new products or other necessary things.
hero member
Activity: 1246
Merit: 529
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August 20, 2017, 07:51:21 PM
#55
Sooner or later it can happen actually. Crypto world will generate different type of projects in ICO and we will definitely face many other opportunities to use cryptocurrency as a donation & social care for those who are in need.

Some of these current ICO's is being done in poor countries and benefit the local population there.

Yeah i think some are already in the works. Crypto, though independent and decentralized, can have a big effect in helping out the poor. Not in the sense of ending poverty entirely but helping out little by little which for the moment is already a big contribution
full member
Activity: 393
Merit: 100
August 20, 2017, 12:12:37 AM
#54
Sooner or later it can happen actually. Crypto world will generate different type of projects in ICO and we will definitely face many other opportunities to use cryptocurrency as a donation & social care for those who are in need.

Some of these current ICO's is being done in poor countries and benefit the local population there.
hero member
Activity: 854
Merit: 1009
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August 16, 2017, 04:48:58 PM
#53
Why has nobody created yet a cryptocurrency that will be used to feed the poor? Raising capital now seems more easy than ever. You have ICO after ICO, yet everyone is thinking about making money, but nobody is thinking about helping the needy and creating a chairity.

I think some devs should just get together and create a cryptocurrency that will be used to feed the poor, as in:
  • Either direct money donation, based on ID (kind of hard to do since a lot of abuse could happen if people claim twice, so it must be made sure that people can only claim once)
  • Some kind of food distribution system (I have seen this in many countries), where you work together with supermarkets, that have food which is not expired yet, but close to expiration, to be sent to nearby homeless shelters or needy families. Or a charity center setup in a town where free food is sent to feed the poor. (I think at least food and water should be free in the 21 century). So you can put all the available food on a blockchain, and poor people could claim it afterwards.
  • Clothing,education, basically if anyone has some clothes or educational tools like books or notebooks that he doesnt need he can just put that up to the blockchain, and send it to a poor family.

Wake up guys, this is all possible in the 21 century with the wonderful technology of cryptocurrency. So I think people should do more chairity work too, and not just chase profits all day.




The poor are the vulnerable set of people in the society but feeding them with crypto currency is what I really do not understand because, how does it work?  But there is a way to it in which I think its already in place there should be some form of empowerment for the able poor ones as they can then come back and help the society rather than just feeding them and waiting for them to come for more without any form of empowerment.
Well first we need to fill their belly.

The guys above have said that poor people need jobs. Well yes, but working while starving is not fun. So they need to be fed first before they can work.

You can't just get a homeless guy out of the dumpster and put him into an office to work. First he needs food, clean clothes, etc....

These kinds of things can all be provided by some king of blockchain based welfare distribution sytem.
legendary
Activity: 1946
Merit: 1005
My mule don't like people laughing
August 16, 2017, 08:34:33 AM
#52
Check out Biblepay in the ann section. That guy is donating his time and launched a charity coin. With it he sponsors orphans. I guess you can say that is feeding the poor.

sr. member
Activity: 462
Merit: 250
August 16, 2017, 08:07:18 AM
#51
Sooner or later it can happen actually. Crypto world will generate different type of projects in ICO and we will definitely face many other opportunities to use cryptocurrency as a donation & social care for those who are in need.
full member
Activity: 393
Merit: 100
July 29, 2017, 01:31:56 AM
#50
Why has nobody created yet a cryptocurrency that will be used to feed the poor? Raising capital now seems more easy than ever. You have ICO after ICO, yet everyone is thinking about making money, but nobody is thinking about helping the needy and creating a chairity.

I think some devs should just get together and create a cryptocurrency that will be used to feed the poor, as in:
  • Either direct money donation, based on ID (kind of hard to do since a lot of abuse could happen if people claim twice, so it must be made sure that people can only claim once)
  • Some kind of food distribution system (I have seen this in many countries), where you work together with supermarkets, that have food which is not expired yet, but close to expiration, to be sent to nearby homeless shelters or needy families. Or a charity center setup in a town where free food is sent to feed the poor. (I think at least food and water should be free in the 21 century). So you can put all the available food on a blockchain, and poor people could claim it afterwards.
  • Clothing,education, basically if anyone has some clothes or educational tools like books or notebooks that he doesnt need he can just put that up to the blockchain, and send it to a poor family.

Wake up guys, this is all possible in the 21 century with the wonderful technology of cryptocurrency. So I think people should do more chairity work too, and not just chase profits all day.


"Feeding" them would't help them at all. Have you geard the saying "Give a Man a Fish, and You Feed Him for a Day. Teach a Man To Fish, and You Feed Him for a Lifetime". That's what they need -  JOB. Even if we feed them for decades they will stay poor. Livelhood projects or building bsuiness establishments is what is needed to create more jobs to help them support their lives.


It would help the ones you feed right there and then particularly in a famine type situation, in the long run proper education and a good judiciary system would create a more stable society.
sr. member
Activity: 420
Merit: 255
July 28, 2017, 06:22:19 AM
#49
Among the poor, have many dependents. They don't want to work. They used to live at the expense of grants from the government and charity from people. These will not work even if they are to provide conditions for work as the Minister. This will be the filter for those who want to work but cannot realize itself and those who do not feed at all.
hero member
Activity: 1330
Merit: 569
July 28, 2017, 05:42:52 AM
#48
Why has nobody created yet a cryptocurrency that will be used to feed the poor? Raising capital now seems more easy than ever. You have ICO after ICO, yet everyone is thinking about making money, but nobody is thinking about helping the needy and creating a chairity.

I think some devs should just get together and create a cryptocurrency that will be used to feed the poor, as in:
  • Either direct money donation, based on ID (kind of hard to do since a lot of abuse could happen if people claim twice, so it must be made sure that people can only claim once)
  • Some kind of food distribution system (I have seen this in many countries), where you work together with supermarkets, that have food which is not expired yet, but close to expiration, to be sent to nearby homeless shelters or needy families. Or a charity center setup in a town where free food is sent to feed the poor. (I think at least food and water should be free in the 21 century). So you can put all the available food on a blockchain, and poor people could claim it afterwards.
  • Clothing,education, basically if anyone has some clothes or educational tools like books or notebooks that he doesnt need he can just put that up to the blockchain, and send it to a poor family.

Wake up guys, this is all possible in the 21 century with the wonderful technology of cryptocurrency. So I think people should do more chairity work too, and not just chase profits all day.



The poor are the vulnerable set of people in the society but feeding them with crypto currency is what I really do not understand because, how does it work?  But there is a way to it in which I think its already in place there should be some form of empowerment for the able poor ones as they can then come back and help the society rather than just feeding them and waiting for them to come for more without any form of empowerment.
member
Activity: 171
Merit: 10
July 28, 2017, 05:03:42 AM
#47
to achieve millionaires goals which set ruled  by UN missions and other UN agencies like world food program to Zero hunger project we have to contact those mission to organize or full adoption of these kind of project . 
hero member
Activity: 854
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July 28, 2017, 04:58:52 AM
#46


"Feeding" them would't help them at all. Have you geard the saying "Give a Man a Fish, and You Feed Him for a Day. Teach a Man To Fish, and You Feed Him for a Lifetime". That's what they need -  JOB. Even if we feed them for decades they will stay poor. Livelhood projects or building bsuiness establishments is what is needed to create more jobs to help them support their lives.


Yes of course there are multiple ways to get people out of poverty but mostly I mean that there are kids there too who are starving, and they can't work , nor their parents if they are starving.

But also you have elderly who dont have money for food, so they need cheap or free food. So I think this idea could help many people.

Of course for average people more jobs would be nice too.
sr. member
Activity: 364
Merit: 250
July 27, 2017, 09:27:03 PM
#45
Why has nobody created yet a cryptocurrency that will be used to feed the poor? Raising capital now seems more easy than ever. You have ICO after ICO, yet everyone is thinking about making money, but nobody is thinking about helping the needy and creating a chairity.

I think some devs should just get together and create a cryptocurrency that will be used to feed the poor, as in:
  • Either direct money donation, based on ID (kind of hard to do since a lot of abuse could happen if people claim twice, so it must be made sure that people can only claim once)
  • Some kind of food distribution system (I have seen this in many countries), where you work together with supermarkets, that have food which is not expired yet, but close to expiration, to be sent to nearby homeless shelters or needy families. Or a charity center setup in a town where free food is sent to feed the poor. (I think at least food and water should be free in the 21 century). So you can put all the available food on a blockchain, and poor people could claim it afterwards.
  • Clothing,education, basically if anyone has some clothes or educational tools like books or notebooks that he doesnt need he can just put that up to the blockchain, and send it to a poor family.

Wake up guys, this is all possible in the 21 century with the wonderful technology of cryptocurrency. So I think people should do more chairity work too, and not just chase profits all day.


"Feeding" them would't help them at all. Have you geard the saying "Give a Man a Fish, and You Feed Him for a Day. Teach a Man To Fish, and You Feed Him for a Lifetime". That's what they need -  JOB. Even if we feed them for decades they will stay poor. Livelhood projects or building bsuiness establishments is what is needed to create more jobs to help them support their lives.
member
Activity: 230
Merit: 22
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July 27, 2017, 09:21:58 PM
#44
poverty and hunger is also rampant in our country.
but base on what i've seen in the past simply feeding those who need doesn't really solve the problem.
instead of simply feeding them and making them dependent on what you have, i think its better to teach them become a better person...
.
this is my view..
tnx for reading it...
legendary
Activity: 3346
Merit: 1352
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July 27, 2017, 09:07:52 PM
#43
It was already done indirectly via bitcoin in a form of donations to create wells and food supply in Africa. I heard that from the Joe Rogan Experience podcast, Joe himself donated some bitcoin.
The point is finishing with poverty, which is impossible. They are just  giving them some food that will last a short time, then what happens? They are back to the same place.

The ideal solution is to provide everyone with jobs, so that they can earn money themselves. But the problem is that not all of them want to work. They want to survive on the handouts. So this problem will exist forever.
full member
Activity: 1204
Merit: 100
July 27, 2017, 04:44:03 PM
#42
I think that the idea is good generally but practically it will be very hard, I agree with the members who said that poverty will never end, because there are many projects and associations  which exciting from sentries who feed the poor people around the world ,but the poverty still existing
newbie
Activity: 23
Merit: 0
July 26, 2017, 02:46:44 PM
#41
It was already done indirectly via bitcoin in a form of donations to create wells and food supply in Africa. I heard that from the Joe Rogan Experience podcast, Joe himself donated some bitcoin.
The point is finishing with poverty, which is impossible. They are just  giving them some food that will last a short time, then what happens? They are back to the same place.
hero member
Activity: 854
Merit: 1009
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July 26, 2017, 01:59:17 PM
#40
I've seen this post previously. To be honest i don't think any crypto could help to finish the poverty issues. It would only help during a campaign or similar, the problem is that you don't only need money, also time and effort. A long and intense project. 

People need to understand that crypto-currency is a payment medium. It is not a magic bullet to end the poverty around the world. And as long as there is overpopulation, warfare, religion and lack of education, there will be poverty. Unless these evils are wiped out, you can't expect to reduce the number of poor people on a global level.

Yes it is a payment medium, but it also connects smart people with poor people, so some of the knowledge and technological innovation can trickle down to help the poor.

For example smart people could figure out a way to create feeding network, there were already initiatives like this. Collecting extra food from supermarkets that they would throw away anyway, and send them to poor people. Somebody would create a blockchain to track the food inventory of certain supermarkets that would join this initiative, and the food would be distributed to certain centers where homeless people and other poor people would eat it.

* The supermarket would win by having a good PR, and can just donate food to people instead of spending a lot of money for ads
* The poor people would get free food

It's a win-win, and it's possible with blockchain.
hero member
Activity: 700
Merit: 500
July 26, 2017, 01:48:40 PM
#39
So it would be a crypto that collects fees when used, and when it is used the fees go to feeding the poor or something?

So the miner fees or transaction fees go into a fund and every so often that fund converts into USD and is sent to a specified charity? it could work if it was done through escrow i guess.
legendary
Activity: 3374
Merit: 1824
July 26, 2017, 10:35:23 AM
#38
Why has nobody created yet a cryptocurrency that will be used to feed the poor? Raising capital now seems more easy than ever. You have ICO after ICO, yet everyone is thinking about making money, but nobody is thinking about helping the needy and creating a chairity.

I think some devs should just get together and create a cryptocurrency that will be used to feed the poor, as in:
  • Either direct money donation, based on ID (kind of hard to do since a lot of abuse could happen if people claim twice, so it must be made sure that people can only claim once)
  • Some kind of food distribution system (I have seen this in many countries), where you work together with supermarkets, that have food which is not expired yet, but close to expiration, to be sent to nearby homeless shelters or needy families. Or a charity center setup in a town where free food is sent to feed the poor. (I think at least food and water should be free in the 21 century). So you can put all the available food on a blockchain, and poor people could claim it afterwards.
  • Clothing,education, basically if anyone has some clothes or educational tools like books or notebooks that he doesnt need he can just put that up to the blockchain, and send it to a poor family.

Wake up guys, this is all possible in the 21 century with the wonderful technology of cryptocurrency. So I think people should do more chairity work too, and not just chase profits all day.



It's very nice idea but very difficult to do it practically.
Who will organize it?
Someone have first to earn crypto currency and than give away?
Someone have to organize food distribution in Africa education etc.
Who will do it?
Main problem in Africa is not poverty but corruption.
Because of it, many projects from UN, world governments and world organizations failed.
Other big problems in Africa are political instability, conflicts, wars, lack of democratic tradition, tribal system...
Please, trust me, you can't solve all this problems only with money or help from outside people, no way.



hero member
Activity: 910
Merit: 500
July 26, 2017, 10:22:06 AM
#37
I think that there is no need for us to create a new crypto currency to feed up the poor bitcoin is enough for the job and aside from that. It is the individuals initiative to do this charity works everyone is being too greedy IMO tho there were some of us have tried
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