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Title: Is bitcoin an answer for poverty??? Post by: TheHeroMember on December 22, 2011, 01:32:38 PM ?Is bitcoin an answer for poverty? In what way?
Title: Re: Is bitcoin an answer for poverty??? Post by: Anonymous on December 22, 2011, 02:43:06 PM ?Is bitcoin an answer for poverty? In what way? No. Plain and simple. No it is notTitle: Re: Is bitcoin an answer for poverty??? Post by: DeathAndTaxes on December 22, 2011, 03:03:07 PM ?Is bitcoin an answer for poverty? In what way? No. Plain and simple. No it is notThis. It would be like asking is gold the answer for poverty? Title: Re: Is bitcoin an answer for poverty??? Post by: tysat on December 22, 2011, 07:14:19 PM ?Is bitcoin an answer for poverty? In what way? I'm not sure exactly what kind of discussion you were hoping to start here, but I have to agree with D&T that your question doesn't make a lot of sense. Title: Re: Is bitcoin an answer for poverty??? Post by: Rassah on December 23, 2011, 05:33:11 AM At most, it may be a global equalizer, if only because it allows anyone in the world to get paid for work regardless of the distance between employer and employee.
Title: Re: Is bitcoin an answer for poverty??? Post by: Matthew N. Wright on December 23, 2011, 05:51:25 AM Bitcoin doesn't discriminate, it follows only the laws of math and the guidelines given to it by the network, and it is passively open to the entire world, making it potentially one of the best debt consolidation utilities in our century. That's all it is though. It takes money to move money and the only way it could assist in decreasing poverty is by increasing opportunity.
Other than that, Bitcoin is not the cure for cancer, governments, or reptillian congressmen. Sorry. Title: Re: Is bitcoin an answer for poverty??? Post by: cbeast on December 23, 2011, 09:43:05 AM It's certainly a strong support mechanism for an underground economy. Many poor people are forced through circumstances to stay underground. Until we address those circumstances, Bitcoin can help ease poverty for some.
Title: Re: Is bitcoin an answer for poverty??? Post by: TheHeroMember on December 23, 2011, 01:48:40 PM Bitcoin doesn't discriminate, it follows only the laws of math and the guidelines given to it by the network, and it is passively open to the entire world, making it potentially one of the best debt consolidation utilities in our century. That's all it is though. It takes money to move money and the only way it could assist in decreasing poverty is by increasing opportunity. Other than that, Bitcoin is not the cure for cancer, governments, or reptillian congressmen. Sorry. I totally agree with you, thanks mate. This one is the best answer to the question. Title: Re: Is bitcoin an answer for poverty??? Post by: cbeast on December 23, 2011, 01:55:00 PM Bitcoin doesn't discriminate, it follows only the laws of math and the guidelines given to it by the network, and it is passively open to the entire world, making it potentially one of the best debt consolidation utilities in our century. That's all it is though. It takes money to move money and the only way it could assist in decreasing poverty is by increasing opportunity. Other than that, Bitcoin is not the cure for cancer, governments, or reptillian congressmen. Sorry. I totally agree with you, thanks mate. This one is the best answer to the question. |