Topic: How micro payments can help to alleviate global poverty (Read 351 times)

This is definitely true. I've tried doing different microtasks before and they aren't worth my time. They are too time-consuming but the payment is too low despite your skills. Yes, they offer good opportunities but we can't rely our daily necessities on them. They can't also be reliable for a side job because they consume time so it's better look for reliable opportunities where we could earn bigger.

in areas experiencing poverty problems of course they will experience difficulties in all aspects. it's not just about eating. they even find it difficult to go to school and seek knowledge and insight. because some of them are not even familiar with smart phones. so it is difficult for them to have broad insight, so that creativity is not channeled. sometimes this lack of knowledge is the main obstacle. so free education is very important for areas experiencing poverty.

but always the most surprising of those who live poor is that they actually have a good level of intelligence. it's just that they need to be given space and opportunity. and education to explore their own potential.

obligation for people who can afford is to educate and facilitate them.

creating a platform that helps them is also one of the solutions after education.

I travel for work a lot and I have worked on contract in 3rd world countries where poverty are very high. In most of these countries and specifically in the more rural areas, people are very poor and they lack the infrastructure and resources to have access to Banking services and/or the Internet.    (Some people even struggle to get electricity and clean water)

Now, most of these people rely on the land to provide them with an income... and they live in a constant "survival" mode.. where they live from hand to mouth.

Now, in Africa I have seen people using cellphones to make digital payments using a centralized payment method, called MPESA ...so even with very limited resources, people are still able to make transactions. (They charge cellphones with small solar panels and/or petrol generators for the community)

We (1st world countries) should find ways to make payments on Bitcoin easier and more user friendly, so that payment on ALL phones can be possible. (not just fancy smart phones)  

We should also find ways for people with those phones to execute tasks that will enable 1st world countries to pay those people with "cheap" micro payments. (Lightning Network) ...example : translation services / typing / spell checking / sorting of data etc...etc.

Let's brainstorm ideas to develop software that will tap into the opportunities that will enable micro payments on a global scale, so that we can pull in a forgotten section of the global economy.  

Do not give them fish... rather provide the hook ...line... sinker... and they will fish for themselves.

I travel for work a lot and I have worked on contract in 3rd world countries where poverty are very high. In most of these countries and specifically in the more rural areas, people are very poor and they lack the infrastructure and resources to have access to Banking services and/or the Internet.    (Some people even struggle to get electricity and clean water)

Now, most of these people rely on the land to provide them with an income... and they live in a constant "survival" mode.. where they live from hand to mouth.

Now, in Africa I have seen people using cellphones to make digital payments using a centralized payment method, called MPESA ...so even with very limited resources, people are still able to make transactions. (They charge cellphones with small solar panels and/or petrol generators for the community)

We (1st world countries) should find ways to make payments on Bitcoin easier and more user friendly, so that payment on ALL phones can be possible. (not just fancy smart phones)  

We should also find ways for people with those phones to execute tasks that will enable 1st world countries to pay those people with "cheap" micro payments. (Lightning Network) ...example : translation services / typing / spell checking / sorting of data etc...etc.

Let's brainstorm ideas to develop software that will tap into the opportunities that will enable micro payments on a global scale, so that we can pull in a forgotten section of the global economy.  

Do not give them fish... rather provide the hook ...line... sinker... and they will fish for themselves.

A digital wallet that supports or is compatible with lower phone versions. For example, in the past when I wanted to install a crypto wallet application but the condition of the phone was not adequate, in other words, it was not compatible with the device I was using. So here I hope that application developers can create digital wallets that can be accessed by the public there in general with the type of cellphone they hold.

Because today's technology is sophisticated and today's smartphone users don't have too many obstacles if it's only for transactions. The case may be with minimum fees and withdrawals if using an exchange platform. As for the micro income that supports digital transactions among the local community, it is quite difficult to accept. Because what they need is direct money without a third party that can cut the costs of sending and withdrawing.

I don't think that microtasks are alleviating poverty, they likely make it worse. All these microjobs are very low skill tasks with zero career growth and they consume a ton of time. So the people who do them have no opportunity to grow and break out of poverty. Someone relies on miicrotasks for their income will stay poor for the rest of their lives.

Exactly that's what I love about Bitcoin. If you see people are getting into Bitcoin because they can actually earn through it in an international arena. In African countries. Even a few dollars earning can get you a decent lifestyle and that's the main reason that in many less developed countries, the proliferation of Bitcoin is very high... Yes I believe we should promote more micro finance transactions

We (1st world countries) should find ways to make payments on Bitcoin easier and more user friendly, so that payment on ALL phones can be possible. (not just fancy smart phones)  

It is not everybody in Africa that is poor, some Africans can comfortably provide their basic needs and still have some extra funds to invest.

Also,  we don't need everybody in Africa to come out of poverty before an innovative idea would be introduced. Development can start with few persons in a village and it would spread with time. It would be very easy for Africans to teach and introduce Bitcoin to their fellow villagers or countrymen. So when we have the opportunity to empower like 10 persons in the village that has the population of 10,000, we should not see it as a waste of time and resources. That 10 persons has the power and better opportunity to enlighten, educate and even empower the remaining 1990 persons.   

We should also find ways for people with those phones to execute tasks that will enable 1st world countries to pay those people with "cheap" micro payments. (Lightning Network) ...example : translation services / typing / spell checking / sorting of data etc...etc.

It's easy to say, but I think it's much harder to do given the level of political corruption and the attitude of most of the world towards Africa. It is obviously in someone's interest that Africa remains an undeveloped continent for as long as possible, and that it can serve as a dumping ground for various waste (including that from nuclear reactors).

Giving people the ability to be more efficient in payment methods will not solve the problem because people should first be provided with normal living conditions, the right to free primary and secondary school, and fair and democratic elections. A poor man is still poor no matter what payment methods are made available to him, and a more than obvious example is El Salvador, where not much has changed, regardless of the fact that everyone can use Bitcoin in everyday life completely legally.