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Author Topic: Can Bitcoin Really End World Poverty?  (Read 10032 times)
AIRDROPSQUAD
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February 19, 2018, 01:13:34 AM
 #461

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.

I agree, BITCOIN is and asset. So, if bitcoin hodler can't manage and use it for good purpose, bitcoin will not give significant impact to poverty. As far as I know, poverty can't be removed. But maybe only can be reduced.

jayco25
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February 19, 2018, 01:15:55 AM
 #462

My answer is no, Bitcoin aim is to become the future money in the world. Corruption and unemployment are one of the reasons so many are poor. The government needs to solve the problem.


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February 19, 2018, 01:20:42 AM
 #463

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/
Bitcoin is only here to help but not to give promise or be obliged to do something in behalf of every countries obligations.isnt it enough that bitcoin together with all the cryptocurrencies are providing profit for the people?and isnt it abusing to put the burden to the coins because of poverty.no this isnt fare for the crypto currencies
BAHARU
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February 19, 2018, 02:00:54 AM
 #464

Yes of course, because it has become such a reality. many people have changed their lives for the better.
Rabblerah112
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February 19, 2018, 02:02:22 AM
 #465

Bitcoin, and money in general, is a tool.  It cant do anything itself.  World poverty and hunger can only be solved by mankind.

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Avrille14
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February 19, 2018, 02:07:03 AM
 #466

Not at this time, bitcoin is only available for those people that knew the new era of technology. It will be available on  locations that has wifi and computers,phone's and gadjet. What about those people that never saw these environment? These so called high tech. Believe it or not bitcoin needs to spread more capabilities to beat poverty. But as one of the member im looking forward to see these changes.
MARGA RYANSONEO
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February 19, 2018, 02:12:26 AM
 #467

True, bitcoin has helped a lot of people change their lives for the better, but it's all gained by hard work, not entirely due to bitcoin, so there needs to be a balance between bitcoin and the usual work we do.
cobeksede
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February 19, 2018, 02:21:50 AM
 #468

bitcoin oh bitcoin, it could be because it has been proven to change my life that was poor now is enough to buy goods, I say that bitcoin can change the world
12retepnat34
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February 19, 2018, 12:03:45 PM
 #469

I think bitcoin can end worlds poverty but it is depend on everyone of us on how to deal with it.
Not all people know the real value of bitcoin, some called it a scam or illegal and to thus the people who treasure bitcoin just like a gold.
WaveMellow
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February 19, 2018, 06:24:48 PM
 #470

Any cyber world are not responsible for it, we the humans are, we just look for personal benefits without thinking what others or backward classes are going to do.
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February 19, 2018, 06:26:38 PM
 #471

for me I think it's yes. bitcoin can end poverty, unless your not too lazy to invest in bitcoin.

And what about those who have no money to invest? Money even bitcoin is moving by people with money . No equality here
topleskacah
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February 19, 2018, 06:34:27 PM
 #472

can not, because bitcoin can not be used by everyone
only certain people who use bitcoin, people who do not understand about technology will not be able to use bitcoin, and if it says put an end to poverty in the world it is impossible.
Chaser35
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February 19, 2018, 06:35:28 PM
 #473

Bitcoin can really put an end to world poverty because if you are poor you can buy a small amount of your child, you can make a transition from poverty to richness.
mitchel_am
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February 19, 2018, 07:03:11 PM
 #474

I don't think it is possible for this to happen anytime soon. Bitcoin can not end world poverty because there is too much poverty. Nothing can save this. Only people (but they won't)
jeluhtajem
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February 19, 2018, 07:55:48 PM
 #475

will not be able, because it all depends on the government itself
currently there are many countries that receive bitcoin, even many who reject and think bitcoin as a fraud
I think they do that, because they can not benefit from bitcoin, and it's done by a greedy official
they do not want to prosper their people they want to enrich themselves
buternasek
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February 19, 2018, 08:25:47 PM
 #476

no, bitcoin has not been able to overcome poverty in the world because bitcoin can not be used by everyone
only certain people, and people who have knowledge of technology that can work and make money in bitcoin
for those who can not operate a computer, and those who do not know the internet will not be able to join bitcoin.
and essentially bitcoin only enriches certain people only, and can not say that bitcoin really ending poverty in the world
it is still very far away
Baby Dragon
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February 19, 2018, 09:06:22 PM
 #477

I think No, it is possible to end poverty in this world. But bitcoin help to reduce poverty. Not all people know bitcoin and knowledge in new techonology in how to use internet. Specially in rural area in this area are no internet to use and some of them.did not go to school there is lack of knowledge they dont know how to invest.

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missyqt29
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February 19, 2018, 09:13:45 PM
 #478

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/

What's good about bitcoin is that trading actually works to earn money. People who can work along the flow of demand in this market trade will surely be successful if they maintain low but constant earnings. Remember that everything starts in little cents before turning into millions of treasure. You could be successful too!
Deamindit
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February 19, 2018, 11:19:06 PM
 #479


Bitcoins will end poverty,??? Huh haha LOL. I hate it because it is gonna create more poverty by drowning the investers in the river of losses.
CoPil
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February 20, 2018, 12:07:43 AM
 #480

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/

Nothing and no one can or will end "world" poverty. You cannot please every person, and with that mere reason you cannot just sway away the poverty problem of the world because of Bitcoin. Only when there's world peace and proper leaders for every country/nation and corrupt officials will be gone for good, probably that's a way to end world poverty. Maybe if the whole world got a fast enough and free to access WiFi network and Open to public computer shops that would be possible. And they would be able to access Bitcoin  Cheesy Grin It's not like poor people has gadgets and internet to even know about BTC.
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