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Author Topic: Can Bitcoin Really End World Poverty?  (Read 10029 times)
bravehearth0319
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July 19, 2016, 06:34:04 PM
 #181

Well all I know is I doubt that bitcoins can end world poverty, because there are countries only absorving the system of bitcoins and majority countries are not aware of it. and majority of the individuals are lack of knowledge on web or online income. Undecided
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July 19, 2016, 06:38:52 PM
 #182

Well all I know is I doubt that bitcoins can end world poverty, because there are countries only absorving the system of bitcoins and majority countries are not aware of it. and majority of the individuals are lack of knowledge on web or online income. Undecided

It can end the poverty of those who are already into bitcoin and are aware about how to earn money from it but it cannot make poorer a rich person as they don't know what is bitcoin all about.
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July 19, 2016, 06:42:34 PM
 #183

Well all I know is I doubt that bitcoins can end world poverty, because there are countries only absorving the system of bitcoins and majority countries are not aware of it. and majority of the individuals are lack of knowledge on web or online income. Undecided

It can end the poverty of those who are already into bitcoin and are aware about how to earn money from it but it cannot make poorer a rich person as they don't know what is bitcoin all about.
yeah, i think you can make fortune with bitcoins if you are into it for a while already, though that is just my honest opinion, it is better to buy as much bitcoins as possible now

 
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July 19, 2016, 06:42:39 PM
 #184

Well all I know is I doubt that bitcoins can end world poverty, because there are countries only absorving the system of bitcoins and majority countries are not aware of it. and majority of the individuals are lack of knowledge on web or online income. Undecided

It can end the poverty of those who are already into bitcoin and are aware about how to earn money from it but it cannot make poorer a rich person as they don't know what is bitcoin all about.
Well more people will know bitcoin these following year because we are increasing population here in our forum and i think bitcoin will be popular at every countries.



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January 14, 2018, 01:41:54 AM
 #185

Bitcoin has the potential to make the individual rich depends on their effort and patience to earn enough income. Since you were referring to the world’s poverty, I don’t think it will happen because for sure it is under control of the government. Bitcoin has a potential to increase its value and only few have these kinds of coins and in just one click or wave, it doesn’t have the power to end the poverty of the world because obviously it is not a magic at all.

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January 14, 2018, 01:47:17 AM
 #186

Can bitcoin really do anything to solve world poverty problem? Brian Singer certainly think so. He thinks that Bitcoin can bring minimum everyday earning for people more swiftly than any other economy system.

Is it possible?

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/


Well I dont have the guts to say something whixh is not realistic but in my own perspective, Bitcoin could eradicate poverty on its own, but with the help of local nd private entities as well as rhe government, I think its possible. The greates thing that will end poverty I think is the monetary unit of each country must be equal, people couldnt afford goods because of the high price than they could.
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January 14, 2018, 01:58:17 AM
 #187

No way. And by the way I've read that 4% of the people in the Bitcoin network own 90% of the assets. I don't know if the numbers are accurate, but this replicates the usual pattern in the world. This won't make poor people less poor.
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January 14, 2018, 02:00:19 AM
 #188

it seems difficult if we expect bitcoin can really overcome the poverty of the world,
because until now there are still many who can not accept blockchain technology.

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January 14, 2018, 02:21:08 AM
 #189

Can bitcoin really do anything to solve world poverty problem? Brian Singer certainly think so. He thinks that Bitcoin can bring minimum everyday earning for people more swiftly than any other economy system.

Is it possible?

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
Yes it us, Bitcoin will end the world poverty if we can observe today the people is now using bitcoin instead of their real money, they said that Bitcoin really helps them to change there life even the way they live nowadays, end of the poverty will be solve with the use of this currency.

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January 14, 2018, 02:26:53 AM
 #190

It takes time.. Come to think of it we all know that there’s a lot of people who doesn’t know how to use technology, don’t know how to create a sentence but if there’s a organization helping people to be educated in bitcoin it might the poverty will be ended.

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January 14, 2018, 02:35:44 AM
 #191

I think that bitcoin can't really end world poverty. Why? because many beggars or streetpeople dont have some money to invest in bitcoin, also they dont have a knowledge in bitcoin and they dont have to get an extra problem they were contented in finding a food in the street.
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January 14, 2018, 02:51:53 AM
 #192

I think not!, because I think the reason why poverty exist is because of the people itself, most people think only of themselves. they doesn't, even if there are laws to follow they intent to ignore it because of there  selfishness.
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January 14, 2018, 02:54:29 AM
 #193

I do not think so. It will help people to get rich if all of us can afford to buy Bitcoin but it is not how it is. Only those in the middle class and Top class in society can afford to buy Bitcoin. So it won't.

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January 14, 2018, 02:57:15 AM
 #194

In the real sense, it is yes. But it will take long. It will take years. It will take the poor ones, in the low class community to first have stable internet connection. With it, they can join bitcoin, and alternative coins, to receive airdrops or bounties. We should just say that bitcoin is the only one can end poverty but generally learning and educating oneself about cryptocurrency. There are a lot of ways in earning especially here in this forum. You just need to be hardworking. Spending time in internet effectively not just by doing facebook for expense but earning income.

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January 14, 2018, 03:06:53 AM
 #195

I think bitcoin cannot end poverty but i think it can lessen the poverty especially to those who know bitcoin. We all know the price and value of the bitcoin now and once we get bitcoin , it can be converted into real cash. It can be used to provide our daily expenses and payments so its so much help to us especially to those who does not have a job.

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January 14, 2018, 03:13:14 AM
 #196

bitcoin can not end poverty in the world. Many people do not know what bitcoin is, not everyone can make money from bitcoin. Moreover, many countries prohibit bitcoin.

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January 14, 2018, 03:13:41 AM
 #197

I don't think it's possible to solve the world's poverty problem in a lot of ways, not bitcoin.
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January 14, 2018, 03:21:01 AM
 #198

Can bitcoin really do anything to solve world poverty problem? Brian Singer certainly think so. He thinks that Bitcoin can bring minimum everyday earning for people more swiftly than any other economy system.

Is it possible?

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
The short and only answer is no, bitcoin will not help to solve world poverty problem. Why? Because economical systems, regulations and laws are not the problem here. Humans are. People are so corrupt and flawed that they do not care about making this world a better place, they just care about themselves. That is why we will never have world without poverty, wars and terrorism. Bitcoin is nice tool but it is people who will be using it. That is the problem.
Yes! A big yes! why? because bitcoin is a business that no investment if you will do the system you will pass the poverty and if they do the system they will the system too. bitcoin can be end the poverty if all of the
people in around the world will do it.  And thats why bitcoin end the poverty in world
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January 14, 2018, 03:22:25 AM
 #199

Can bitcoin really do anything to solve world poverty problem? Brian Singer certainly think so. He thinks that Bitcoin can bring minimum everyday earning for people more swiftly than any other economy system.

Is it possible?

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

it seems that bitcoin only provides a solution for storing data in the form of encryption and providing solutions to provide a legitimate payment method. I hope bitcoin with the blockchain method could be all future problems later on.
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January 14, 2018, 03:22:44 AM
 #200

I do not think so. By bitcoin is not all. Bitcoin can not end poverty in all countries. It only contributes to the elimination of a small portion of unemployment in today's countries

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