Poverty is here

[325btc]

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Btc limited supply is problem people will fight with each other to get btc limited supply currency will only increase poverty xlm supply is bigger and blockchin is good and whats most important reliable and fast transactions with cheap fees ....what more u can ask ? Stellar sadify all the neeeds

it is precise because of the limited supply that it is what makes Bitcoin so valuable and high value.  i don't hate xlm but xlm will never be able to solve the problem of poverty even if you share it with all poor people in the world.  poverty will not be able to disappear from the earth because of many factors that influence it.

for example, in my country, the majority of poor people occur because of their lives ^{(addict gamblers, drug users, expelled from their families, unemployment)}

All those problems comes from bad choises.
Think about game of monopoly if you are smart but ur opponent has better cards more money and all ready all the assets .....do you have any ways to win =? Sure u not bad envoirement creates more bad things and those bad things will create more negative things more and more.
Those addictions u did mentioned its easy to get hooked once u try those but those things comes with poor neighborhoods ...u are surrounded all of those.
So those things you did mentioned are different

[masterrex]

IMHO, I believe that the global poverty situation is a complex problem, and it's not easy to solve that's why it was inappropriate to say that a particular blockchain or cryptocurrency will solve it because I believe that "A complex problem needs a complex solution", Anyway, I have not any against with Stellar Lumens (XLM) I was only pointed out that its wrong to say that XLM will solve the poverty problem with that easy and simple notion, what I believe is that Bitcoin, Ethereum, and other cryptocurrencies are very useful to help eradicate the poverty problem by providing new opportunities and cutting edge innovation.     

[darewaller]

Poverty is here around the world:
Solution is new currency as old currencies dont serve us anymore.
There is not enough dollars or other fiat currencies or not enough ways to get your hands on currency problem is those only have who born in some wealthy noble family they only have and their kids with inheritance instagram kind of kids who just knows how to spend money but thats it but there is many hardworking people who can do better with money other then just spend on useless things.
The dollars are printed alot but in your hands or my hands.
Only solution can be let them keep their useless euros or dollars and we will have new currency.

Not only by this time but to some countries or to some people poverty is already been there ever since the world began. Old currencies in the real world or the dollar and old currencies in the digital world or the btc are still working fine.

New currency is not necessarily needed because they wont be usable at all and what do you mean by not enough dollars? I though banks are printing cash non stop? And do not say that btc do also have insufficient supply because your only using this excuse for you to consider other cryptocurrencies. Do not blame the rich just because they are born this way but blame your self if you remain poor because you did not try hard enough to improve your life.

[yazher]

cryptocurrencies are real opportunities for those who trap in their job forever and those who don't have enough salary to buy their dream house or any other things that they really want. It is proven and fact when you engaged in the crypto industry and as long as you understand the fundamentals of basics trading and other earning stuff concerning crypto and you also know how to prevent yourself from being scammed or hacked, you will earn a decent amount of income which you won't get from your daily jobs.

[Jackl87]

Poverty is here around the world:
Solution is new currency as old currencies dont serve us anymore.
There is not enough dollars or other fiat currencies or not enough ways to get your hands on currency problem is those only have who born in some wealthy noble family they only have and their kids with inheritance instagram kind of kids who just knows how to spend money but thats it but there is

Well the fundamenteal problem is, that you can not just print more money and give it to eveyone because then in the end all the money of the world is worthless. That is also true for cryptocurrencies of course. Even if you create a new crypto project and a token then it's value has to be injected from somewhere else it can not have a value just from the start. So people have to use their FIAT or their other crypto assets to buy that new token there is no way around it. Yes of course it is true that the world is not fair and it probably will never be fair because if you were born into a rich family you have way more possibilities in life then if you were born to a poor one, but crypto can not change that just like that.

[TelolettOm]

Poverty is around us.
what need to lower poverty is exactly the job, business, industry, and many more chances to work and earn money.
i don't think it is absolutely because of the old currency or fiat. but I also cannot avoid that bank and fiat system may also sometimes make poverty worse.
the existence of the crypto world is actually one of the solutions to rise up the life and lower the poverty as long as we understand how to do it exactly.
however, poverty will never end. the way is we can just decrease, but to erase poverty, it seems too difficult even done from country to country by each government.

[Jody.Drummer]

So the solution to overcome poverty is only one way? there are not many choices you can offer?

Not only isn't there only a single way to alleviate poverty, but blaming it on whatever currency is being used is just plain wrong, i.e., poverty isn't going to magically go away if the world switches to bitcoin or any other form of money.  The state of being poor has existed since the beginning of mankind, and there have been all sorts of measures taken to help the impoverished over the years by many different countries....and yet, poverty still exists.

The only thing that can be done is to try to limit the extent of it, and to that end I don't think our present leaders are doing much good with their reckless monetary policies, which are driving up the cost of goods and services and weakening fiat currency.  I don't see crypto as a viable alternative, though--not even bitcoin.  And why?  Because it's too damn volatile to be used as money (in addition to its other problems such as transaction fees and confirmation times).  I wish it were that simple to eliminate poverty, but it just isn't, plain and simple.

Agree, what you are saying makes more sense than eliminating poverty. Well, nothing can erase poverty on this earth, but what is more appropriate is to minimize poverty with local government programs. Such as developing natural resources around the area where they live, managed by the community, and working together with the government to develop potential local values so that they can be managed better. In this way, gradually the improvement of the economy in a better direction can be felt by the surrounding community, both in general and specifically for the country's economic progress in broad terms.

[herurist]

Poverty is around us.
what need to lower poverty is exactly the job, business, industry, and many more chances to work and earn money.
i don't think it is absolutely because of the old currency or fiat. but I also cannot avoid that bank and fiat system may also sometimes make poverty worse.
the existence of the crypto world is actually one of the solutions to rise up the life and lower the poverty as long as we understand how to do it exactly.
however, poverty will never end. the way is we can just decrease, but to erase poverty, it seems too difficult even done from country to country by each government.

The problem is that we are currently faced with a difficult time where the work and business that are run are not going well and even now we are faced with a lot of unemployed people who have lost their jobs because of the effects of the virus which is still rampant, so they cannot carry out their jobs and can't earn money this way at this time.
Regarding Fiat and banks, this is actually still very difficult because it is certain that there will be a lot of people arguing about whether their way is good or not in doing their job.

but I quite agree with what you said that poverty will always exist and will be very difficult to eradicate because even if there are people who will help eradicate it like when Elon said he would donate some of his assets to eradicate poverty but in fact this will still be very difficult to realize and poverty will certainly always exist forever

[hyudien]

If this thread goes into the realm of economics then it should have moved to the economics section. Because when I look at the discussions that have been going on, I think this refers to an economy that overcomes poverty and some of the solutions in it. If the OP refers to coins to be associated with poverty then where does it relate?

So I thought you were promoting the Stellar Xlm coin then what does that have to do with it?
Will Stellar Xlm get someone out of the poverty line quickly?
Give me the basics why should Stellar Xlm?
and why not Bitcoin that already provides tangible evidence?


Which OP would you like to focus on? about the Stellar Xlm altcoin? or the opposition to solving the problem of poverty?