why do we not have a poverty coin yet? - page 2.

Kiki112

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Quote from: Vod on February 25, 2014, 05:15:03 PM

Quote from: bonbon on February 24, 2014, 05:36:48 PM

Cant the world's 6 billion support 1.3 billlion in extreme poverty using crypto coins?

World's population is 7.1 billion.

and we don't have 1.3billion people using crypto coins which means that every single one of us should buy more then 1 miner for the poor

Vod

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Licking my boob since 1970

Quote from: bonbon on February 24, 2014, 05:36:48 PM

Cant the world's 6 billion support 1.3 billlion in extreme poverty using crypto coins?

World's population is 7.1 billion.

Kiki112

full member

Activity: 196

Merit: 101

Quote

steps:

donate miners, poor people pay their electricity(thats their small investment), coins are sent to a bitstamp like server which manages account balances with sms over the telephone network. (there bitstamp like servers can be more than one to make it decentralised), promote the usage of this liberty-coin in urban areas, purpose+efficient currency

how will they pay for electricity if they're poor?
what if they're homeless?
they need internet too for this Undecided

Mike Christ

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A coin is just a unit of account, it has no value in itself; you're better off just giving charity to the poor as this currency will be no different than any other, and even then, it doesn't solve the core reasons why poor people are poor to begin with (e.g. warlords who call themselves "government" stealing their life, liberty and property--or said differently, democide, law/regulation, and taxation/eminent domain.)

Even ignoring that, people who are actually poor--i.e. nobody in the wealthy western nations--don't have the infrastructure necessary to use bitcoin or any of its incarnations.

bonbon

member

Activity: 96

Merit: 10

Quote from: Kiki112 on February 24, 2014, 05:55:28 PM

Quote from: bonbon on February 24, 2014, 05:49:54 PM

Quote from: Kiki112 on February 24, 2014, 05:38:58 PM

you can give them miners but who will give them computers and who will pay for their electiricty?
who will teach them how to use cryptocurrencies and online accounts, who will pay for their internet and apartment where their PC will be?
you didn't think this trough, did you? Cheesy

thought it through. its not just about giving them miners and disappearing but like any other social service you help them adopt.

miner is enough and no need for a computer, central servers take care of distribution and send their balance on to an m-pesa like basic phone service.

Scaling down technology isn't the challenge here, but the commitment to do. Hopefully that day isnt far off.

that's quite a big investment, how would you gather the funds for that?

take notice that all the poor people need to be in one place if you provide electricity and that makes you elgible to help only one place/town even though it would be such a high price Undecided

steps:

donate miners, poor people pay their electricity(thats their small investment), coins are sent to a bitstamp like server which manages account balances with sms over the telephone network. (there bitstamp like servers can be more than one to make it decentralised), promote the usage of this liberty-coin in urban areas, purpose+efficient currency

Kiki112

full member

Activity: 196

Merit: 101

Quote from: bonbon on February 24, 2014, 05:49:54 PM

Quote from: Kiki112 on February 24, 2014, 05:38:58 PM

you can give them miners but who will give them computers and who will pay for their electiricty?
who will teach them how to use cryptocurrencies and online accounts, who will pay for their internet and apartment where their PC will be?
you didn't think this trough, did you? Cheesy

thought it through. its not just about giving them miners and disappearing but like any other social service you help them adopt.

miner is enough and no need for a computer, central servers take care of distribution and send their balance on to an m-pesa like basic phone service.

Scaling down technology isn't the challenge here, but the commitment to do. Hopefully that day isnt far off.

that's quite a big investment, how would you gather the funds for that?

take notice that all the poor people need to be in one place if you provide electricity and that makes you elgible to help only one place/town even though it would be such a high price Undecided

bonbon

member

Activity: 96

Merit: 10

Quote from: Kiki112 on February 24, 2014, 05:38:58 PM

you can give them miners but who will give them computers and who will pay for their electiricty?
who will teach them how to use cryptocurrencies and online accounts, who will pay for their internet and apartment where their PC will be?
you didn't think this trough, did you? Cheesy

thought it through. its not just about giving them miners and disappearing but like any other social service you help them adopt.

miner is enough and no need for a computer, central servers take care of distribution and send their balance on to an m-pesa like basic phone service.

Scaling down technology isn't the challenge here, but the commitment to do. Hopefully that day isnt far off.

Kiki112

full member

Activity: 196

Merit: 101

you can give them miners but who will give them computers and who will pay for their electiricty?
who will teach them how to use cryptocurrencies and online accounts, who will pay for their internet and apartment where their PC will be?
you didn't think this trough, did you? Cheesy

bonbon

member

Activity: 96

Merit: 10

Cant the world's 6 billion support 1.3 billlion in extreme poverty using crypto coins?

every passing day I believe in bitcoin for its power to liberate the poor from capitalist world that cares less about people 'born poor'.

donate a miner to each family in poverty and support the mined 'liberate-coins' by using/promoting them in developed countries

I really feel helpless waking up everyday for not being able to execute this. How can we make it happen?

when dogecoin exists with community support, why not liberate coin...

Topic: why do we not have a poverty coin yet? - page 2. (Read 1479 times)