Bitcoin cannot end poverty itself, because Bitcoin is mostly about transfer of value. It is a payment system, a decentralized one.
Speculation itself is simply a game of redistributing value among those who participate in the market.
In my personal point of view, in order for a country to fight poverty, it is necessary to exploit natural resources, transform those natural resources into products and finally commerce those products in an efficient way. In order to do those things a cultured and educated population is necessary.
Bitcoin helps to access value and liquidity that already exist for those who live in bad-economic/banking situations but the wealth creation is a different process.
Also, mining Bitcoin is a special case, because in order to get profit an invested is necessary beforehand.
Topic: Do you think Bitcoin can end poverty? In a nation today - page 7. (Read 1674 times)
For me proverty is not the problem of a person but of the whole nation in my country the eradication of poverty has becomes necessary for the sustainable and inclusive growth of the let state the fate here Bitcoin has helps the poor by Increasin their savings and access to capital also it has help around 1.7million people in my country and also it has also impoverished people to control their investment.
Its a digital currency and its just not right to have that impression that this would really be ending up on being a saviour on countries economy and solving out poverty.Yes, we cant really deny that there are lots whohad changed up their lives with their Bitcoin investment or overall cryptocurrency portfolio but we know that it would really be just small percentage if we do speak about poverty solving.
This is why as an individual then its better to mind off your own life on enhancing it out via investment whether on crypto or any other things as long it would really be that beneficial for you.
You are the only ones who could be able to solve out for yourself if we do speak about financial freedom and economic survivability.
For me proverty is not the problem of a person but of the whole nation in my country the eradication of poverty has becomes necessary for the sustainable and inclusive growth of the let state the fate here Bitcoin has helps the poor by Increasin their savings and access to capital also it has help around 1.7million people in my country and also it has also impoverished people to control their investment.
Poverty is problem of us, and its the reason while everyone is interested of ensuring that we have what that can be giving us at least four square meal daily, it's because of Poverty that make some people to go into some certain characters today, I believe that Poverty is a diseases I believe. 
For me proverty is not the problem of a person but of the whole nation in my country the eradication of poverty has becomes necessary for the sustainable and inclusive growth of the let state the fate here Bitcoin has helps the poor by Increasin their savings and access to capital also it has help around 1.7million people in my country and also it has also impoverished people to control their investment.
Its a digital currency and its just not right to have that impression that this would really be ending up on being a saviour on countries economy and solving out poverty.Yes, we cant really deny that there are lots whohad changed up their lives with their Bitcoin investment or overall cryptocurrency portfolio but we know that it would really be just small percentage if we do speak about poverty solving.
This is why as an individual then its better to mind off your own life on enhancing it out via investment whether on crypto or any other things as long it would really be that beneficial for you.
You are the only ones who could be able to solve out for yourself if we do speak about financial freedom and economic survivability.
not everyone understands about bitcoin, but there are factors from all the youth of today's era who understand bitcoin. bitcoin can save the economic crisis people who understand about investment and family. where I am a lot of teenagers who represent families understand about the crypto world that can make money and to make ends meet from poverty. only young millennials will be the generation of crypto global revolution
For me proverty is not the problem of a person but of the whole nation in my country the eradication of poverty has becomes necessary for the sustainable and inclusive growth of the let state the fate here Bitcoin has helps the poor by Increasin their savings and access to capital also it has help around 1.7million people in my country and also it has also impoverished people to control their investment.
No one who are in a poor status had become interested on investing in crypto and if there's any who wanted to invest they are only few percent.Isn't your sentence contradictory? You said no one then on the next you say few percent. What is it really? But I don't agree with what you stated. People who understand the potential of bitcoin regardless of their status will become interested in investing in Bitcoin. So that interest of investing to bitcoin also sprouts on the mind of poor people the only challenge is that poor people often don't have enough to invest to what they think is profitable.
So i think bitcoin cannot end the poverty it can only make the rich become richer a lot of poor people wanted to invest but the financial shortage is the problem many poor people also didn't know about crypto they don't even have a gadgets to know what's happening on social media its really hard.
Indeed Bitcoin cannot end poverty, Bitcoin is only a tool to use and the one who has the mind and power to end poverty is the government and its constituents if they work together to combat poverty.
For me proverty is not the problem of a person but of the whole nation in my country the eradication of poverty has becomes necessary for the sustainable and inclusive growth of the let state the fate here Bitcoin has helps the poor by Increasin their savings and access to capital also it has help around 1.7million people in my country and also it has also impoverished people to control their investment.
No one who are in a poor status had become interested on investing in crypto and if there's any who wanted to invest they are only few percent. So i think bitcoin cannot end the poverty it can only make the rich become richer a lot of poor people wanted to invest but the financial shortage is the problem many poor people also didn't know about crypto they don't even have a gadgets to know what's happening on social media its really hard. 
For me proverty is not the problem of a person but of the whole nation in my country the eradication of poverty has becomes necessary for the sustainable and inclusive growth of the let state the fate here Bitcoin has helps the poor by Increasin their savings and access to capital also it has help around 1.7million people in my country and also it has also impoverished people to control their investment.
No one who are in a poor status had become interested on investing in crypto and if there's any who wanted to invest they are only few percent. So i think bitcoin cannot end the poverty it can only make the rich become richer a lot of poor people wanted to invest but the financial shortage is the problem many poor people also didn't know about crypto they don't even have a gadgets to know what's happening on social media its really hard.
I think the presence of bitcoin will never reduce or eliminate poverty, maybe there are rich people who are born from bitcoin or cryptocurrencies, but new poor people will appear again because of bitcoin or cryptocurrencies, we often hear of people investing in bitcoin by selling all the assets they have and when the price crashes then he becomes poor and stressed.
For me proverty is not the problem of a person but of the whole nation in my country the eradication of poverty has becomes necessary for the sustainable and inclusive growth of the let state the fate here Bitcoin has helps the poor by Increasin their savings and access to capital also it has help around 1.7million people in my country and also it has also impoverished people to control their investment.
You need to know that bitcoin does not save the poor, but the correct logic is that they save themselves by using bitcoin. Basically you won't make bitcoins if you don't work, I guess that's a simple sentence, the point is if you don't improve your ability to get a job or business that can make more money then how can you have more bitcoins, it's just maybe to become a daily bitcoin trader which I can't really advise you.
If you want to invest in bitcoin, it's best to use money that you don't use for food and outside of your basic needs. in fact, it would be great if people invested in bitcoin using money that he is free to use. Bitcoin can indeed help poverty, however, if we don't use it wisely, then it can be a negative thing for us.
It’s impossible for this criteria to be met because people on poverty has sufficient money for their food or else they are not categorized in poverty status. Bitcoin is not for people that has no money for spending other than their food because Bitcoin has high volatility that makes poor people gamble for there life. Bitcoin investment is only good when you are using extra money that you can afford to lose.
I’m not depriving poor people but introducing Bitcoin to them will just make their life more miserable when shit happened to their money.
I think your words are quite logical, and indeed poverty is still poverty if you don't make improvements or increase your abilities so that you have better capacity to do work or business, say or suggest to poor people to invest in bitcoin with an economic situation that only meets needs from day to day is certainly not a wise decision, because investing in bitcoin must have cold money or money that is not needed in the near future.
For me proverty is not the problem of a person but of the whole nation in my country the eradication of poverty has becomes necessary for the sustainable and inclusive growth of the let state the fate here Bitcoin has helps the poor by Increasin their savings and access to capital also it has help around 1.7million people in my country and also it has also impoverished people to control their investment.
It is only possible to invest when your source of income is sufficient, so buying bitcoin would be extremely difficult for someone whose daily requirements cannot be met. Since Bitcoin has a fixed supply. I can't really say that it can completely eradicate poverty but it can pay rule by lowering the level of poverty.
Due to an economy that is constantly experiencing inflation, even when you earn a profit from your Bitcoin investment, it may occasionally be worthless.Things that cost $50 to purchase in 2020 now cost $100, with that it will be difficult for Bitcoin to pay smart rules in eradicate poverty completely.infact nowadays Bitcoin does not pay small investors but large investors and to get the money is hard because not job opportunities and the few poorest hat have the opportunity their pay rate is not standard to the economy.
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Can people in poverty invest in bitcoin or invest in anything at all?
It's so hard for a poor person to invest. Even if they have the idea of what to invest in but they have no money to do it. Even if they manage to get the money through friends they will rather end up eating the money than investing.
Those people could invest in bitcoins if they could get them for free, but now it is very difficult to get them.
Can people in poverty invest in bitcoin or invest in anything at all?
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Bitcoin helped, that is true, but it helps those that invested in it.
It's only helped those that purchase at the early stage. There are some people that enter the market late and are still in lost till today. Some has sold out of lost and some still hold for profit in the future.
How about those traders? Imagine there are traders right now that make a living from Bitcoin. Also imagine here in the forum those signature campaigns helping us and other participants. It is not all about investing or jumping early because if ever you purchase bitcoin way back in January and sell it off today, you still gain profit. Though it doesn't mean it will end the poverty, it is still there, but people who got into bitcoin now have extra income.
For me proverty is not the problem of a person but of the whole nation in my country the eradication of poverty has becomes necessary for the sustainable and inclusive growth of the let state the fate here Bitcoin has helps the poor by Increasin their savings and access to capital also it has help around 1.7million people in my country and also it has also impoverished people to control their investment.
Bitcoin can't end poverty but it can easily reduce the percent of poor people in a country. Poverty can't be eradicated from the world, it's part of why the economy is moving, the society has to be unstable for their to be an economy. We must have both the rich, middle class and poor people and then depending on our decision we can change classes.
A country adopting Bitcoin can bring up the financial interest of the citizens which will make them become more interested in investing and technology which could lead them to make decisions that'll increase their chances of escaping poverty although we'll still have doubters and that's why poverty can't be totally eradicated.
I dont know why you make bitcoin sound like its some free money waiting for anybody that needs it to take it, no this is not what bitcoin is!
By now we all know bitcoin Is cash equivalent, which means to earn it you need to provide a service or sell some kind of product in exchange for it...better yet you can own bitcoins by buying them...forget about ending poverty using bitcoin its not some charity currency jeez we sending the wrong message to the world!
So basically the so called poor can use their talents lr skills to get paid in crypto.
By now we all know bitcoin Is cash equivalent, which means to earn it you need to provide a service or sell some kind of product in exchange for it...better yet you can own bitcoins by buying them...forget about ending poverty using bitcoin its not some charity currency jeez we sending the wrong message to the world!
poor people can't invest because they don't have money, because it's difficult for them to finance their daily lives, how can they invest, but if rich people buy bitcoin and then get profits and distribute them to the poor it might make more sense if something like That.
There are numerous ways to earn btc besides having to buy it!So basically the so called poor can use their talents lr skills to get paid in crypto.
Without knowing how bitcoin can provide real benefits for someone, it is impossible for Bitcoin to end poverty. unless some people know that by investing and trading in Crypto, Bitcoin in particular it is possible with bitcoin one can end the poverty that haunts us all. but trading and investing in bitcoin has a risk that is vulnerable, it takes precision and observance in trading and investing bitcoin to end poverty
so true. this is where the need for special education about cryptocurrencies and bitcoin so that everyone knows and has the same opportunities. but to end the poverty of a nation is certainly not possible at this time. especially with the lack of public knowledge of cryptocurrencies and bitcoin at this time. but currently countries like El Salvador are struggling to bring their country's changes to a better level, one of which is by legalizing Bitcoin as an alternative legal means of payment in that country side by side with the dollar. and the problem faced there is the same, namely the lack of knowledge about bitcoin. but the government there seems to be quite active in providing education related to bitcoin. although this step certainly takes a long time. but I'm pretty sure at least the investment that Nayib bukele has made in bitcoin will bring good returns for his country in the next bull run. and also the longer term. 
If you want to invest in bitcoin, it's best to use money that you don't use for food and outside of your basic needs. in fact, it would be great if people invested in bitcoin using money that he is free to use. Bitcoin can indeed help poverty, however, if we don't use it wisely, then it can be a negative thing for us.
It’s impossible for this criteria to be met because people on poverty has sufficient money for their food or else they are not categorized in poverty status. Bitcoin is not for people that has no money for spending other than their food because Bitcoin has high volatility that makes poor people gamble for there life. Bitcoin investment is only good when you are using extra money that you can afford to lose.
I’m not depriving poor people but introducing Bitcoin to them will just make their life more miserable when shit happened to their money.
Besides, some people have money and still mismanaged their investment in the coin, and hence they lose. So, Bitcoin can't always make the poor rich, but smart people can benefit immensely from it.
Can people in poverty invest in bitcoin or invest in anything at all?
It's so hard for a poor person to invest. Even if they have the idea of what to invest in but they have no money to do it. Even if they manage to get the money through friends they will rather end up eating the money than investing.
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Bitcoin helped, that is true, but it helps those that invested in it.
It's only helped those that purchase at the early stage. There are some people that enter the market late and are still in lost till today. Some has sold out of lost and some still hold for profit in the future.
Bitcoin cannot solve a country's poverty, but it might solve the financial problems of its users when they realize what its potential is.
Apart from being a currency, bitcoin is an investment asset. After all, not everyone would consider bitcoin as a currency or as an investment asset, and many people still don't realize what bitcoin's potential is in the long term.
I don't think bitcoin has any responsibility for solving a country's poverty, but it is something the government should think about. Employment, that is one of the most likely things to think about to reduce the unemployment rate which will ultimately reduce the poverty rate. Poverty is the government's problem, they are responsible for this problem.
Apart from being a currency, bitcoin is an investment asset. After all, not everyone would consider bitcoin as a currency or as an investment asset, and many people still don't realize what bitcoin's potential is in the long term.
I don't think bitcoin has any responsibility for solving a country's poverty, but it is something the government should think about. Employment, that is one of the most likely things to think about to reduce the unemployment rate which will ultimately reduce the poverty rate. Poverty is the government's problem, they are responsible for this problem.
I do not believe that this is possible.It is up to the public sector and the Ministry of Economy to think about how to improve the well-being of their citizens, namely how to create more jobs, etc.Bitcoin can help save money and maybe even increase capital,but it certainly won’t lift a person out of poverty.He must invest something and must live on something.
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