Can Bitcoin Really End World Poverty?

[FourByfour]

In my opinion, No, bitcoin can't end world poverty the same in eliminating unemployment, bitcoin does provide opportunities for everyone who wants  to earn money. It can lessen the number of unemployed people but cannot totally eliminate it.

[xiaopang11]

I don't agree with that at all. Bitcoin is, I think, just an investment, a way of investing that doesn't change the world's poverty, and that doesn't matter at all.

[alexsamudra]

it can happen if many join with bitcoin, but bitcoin will only prevent pheromones that exist in this world. this must be done to signify many things, if the fiat is taken over by bitcoin to be handled, if it wants to end the world's better poverty the government legalizes bitcoin in its country so people can join bitcoin to earn profit and earn from bitcoin. if bitcoin is accepted in all countries surely poverty will end and kehidapau will change for the better.

[HG_Lincs]

I don't agree with that at all. Bitcoin is, I think, just an investment, a way of investing that doesn't change the world's poverty, and that doesn't matter at all.

You sir. Are part of the problem.

if it wants to end the world's better poverty the government legalizes bitcoin in its country so people can join bitcoin to earn profit and earn from bitcoin. if bitcoin is accepted in all countries surely poverty will end and kehidapau will change for the better.

No countries have banned Bitcoin. As of today, anyone in the world with a Bitcoin wallet, can accept Bitcoin. There is no Country banning Bitcoin. (Yet)

[ShadowBits]

I really think that poverty will never end for those people who are freaking lazy enough to not work them selves our of that.

[patz22]

It may or it may not. I have two answers with this, it may end poverty if all of us will donate some of our earnings to the needy. It may not because not all of us will give something, it would be better if we can give them the opportunity on how this business works (trading, investment, campaigns) - ways on how to earn however that will depend on them if they will grab it or not.

[CAPTAINPLANET]

Sorry but  a currency is not the  solution to end poverty .

[Nerkata]

Mnimize poverty? Possibly. Getting rid of it? No way! Too many factors responsible for poverty to solve them with one solution.

[Rosilito]

Yes. But sources to create money such as trees and minerals will be in definite shock which means an average amount of trees that will be cut or minerals that will be mined would increase more. As bitcoin continuously been converted to a real money. For me that is downside for our natural resources. But bitcoin is a major solution to a poverty that single family and individuals experience because bitcoin is decentralize, thus, bitcoin is for everyone.

[peterko]

Nothing can end world poverty. The gap between the rich and poor will forever be large. Bitcoin may actually increase this gap instead. Think about it seriously and you will understand. 

[echo11]

Absolutely no way Bitcoin could ever end world poverty, I don't think people understand why/how money works. Money is inextricably linked to human desires. As long as there is a single human out there desiring something, anything, no matter how small or trivial, extreme poverty must exist.

[smile1218]

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/

My opinion with this is no. Poverty will depend on how people will cope and do something with it because not everybody knows how to use and trade bitcoin. There are people who knows only the traditional job thay they know and do not have knowledge as well about the existence of the crypto currency.

[CoinChili]

Nope, Its not Bitcoin who could end ones poverty, its the people itself, Bitcoin is only a tool for success, but the true player is the person who wants to be successful, sadly, some people are too lazy in achieving their dreams and become a successful one, you offer them a job to climb up to poverty bu they refused it.

[trickee]

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/

no,even all people know bitcoin the poverty will never end because they must have knowledge of bitcoin,they should know the english language.how difficult is it to end if someone else is not studying because of poverty.Bitcoin cam help unemployed to have a job to earn just answer the questions in forum if what is in the rules in signature campaign you joined,you must follow the rules.

[Javanewstar]

It's impossible. After all, bitcoin has a lot of speculative elements, so how could it possibly bring jobs to other people? Who pays the wages?

[claydeey]

Bitcoin can not eradicate poverty but it can, however, lessen the effect poverty to the people because it gives somehow an extra income to the people who engage themselves with BTC and other altcoins as well as campaign and bounties.

[chidrawarster]

No I don't think so it's gonna end poverty. Instead it would bring awareness towards people what wealth holding feeling could be and more and more aware Ness could increase after the necessary knowing of pros and cons. I still feel after regulated it would be used as a virtual currency globally without nay hurdles. That's all I see for now.

[xDsoGood]

No it's not. How would everyone be more responsible if they there is an easy way to earn. What comes easy won't last. I think bitcoin can help by awaring people like us have something to help other in need

[Hamstead]

it could leasen poverty but not to the point it can vanish the poverty throughout the planet, many people already enriched themselves with this bitcoin but not all have the skills and knowledge to easily learn it.

This the only opportunity for those people who wants to learn not just by they are on poverty. Actually bitcoin can really help to us, but unfortunately not all have chances to take this because of some limited resources and most especially due to internet connections.
A lot of ways to change the status of our life in the society, but bitcoin could have a huge chances that can really help to us.

[jamirrah]

Try to look on how bitcoin works, bitcoin offers lots of positive financial opportunity for lots of people specially in areas where it is not banned but in order to be part of bitcoin network, a person should have an internet connection, an internet-capable device, and off course atleast few bucks for start up. These requirements I think can't be afford by people who are in state of poverty that don't have anything other than hard earned money not enough even for a one decent meal.