Bitcoin can help the 179.6 million poor people, by offering them global opportunities via different initiatives done through global micro payment with Bitcoin. A lazy guy in a 1st world country, can now pay some unemployed guy in India to do his typing, and then he pay him with Bitcoin. with very low fees and near instant transfers. ^smile^
It becomes a global effort to eliminate poverty in all countries.
It becomes a global effort to eliminate poverty in all countries.
It's not that easy. As a customer, you can pay an Indian worker with BTC on Fiverr, but that service doesn't pay the workers with BTC. The the poorest people cannot afford Internet.
I beg to differ my friend. There are many companies working out there, that are trying to bring cheap internet to the millions of poor people out there. Take this as a example :
https://www.cnet.com/news/googles-magic-internet-balloons-bringing-wi-fi-to-india/
https://en.wikipedia.org/wiki/Project_Loon
Let's also be realistic, you only need a mobile phone to transmit a transaction via a SmS service to use Bitcoin. If the poor countries in Africa can make technologies like M-Pesa to work on cheap mobile phones, we will make Bitcoin work in these areas too.
Live Life, with no restriction. ^smile^
I've heard there was a huge backlash against this "free" service. Or the one from facebook. It's not free in the sense that you cannot do evrything you can do with a standard paid connection, and you have no privacy, with everything recorded. Most people would not use those services, even if they are poor.
Yet, I could be wrong. I haven't been to India for many years, I guess that in the cities at least, Internet access is now affordable and widespread among the average people.
---> Gross domestic product = 1.877 trillion USD (2013) 
I think many people have prejudice, also here on forum, that India is poore country where not so many people have access to the new technologies, including Bitcoin. But to my knowledge quite a lot people from India are involved in Bitcoin community and doing great stuff to promote it. And Bitcoin is one of the ways that could help improve economic situation in the country for some individuals. 