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Author Topic: Can Bitcoin Really End World Poverty?  (Read 10032 times)
Lalafell
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April 24, 2018, 04:44:37 PM
 #801

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 can help lessen poverty in the countries that are still developing and struggling to lower its unemployment rate among its citizens. It is amazing to hear that bitcoin has given many people new career in this business. Bitcoin will continue to help at its best by proving more opportunities so what we should do is to try them until we all succeed in this market.
Core.BUSTER
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April 24, 2018, 04:54:04 PM
 #802

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 created jobs for many people that most of them found it great. It all needs for the person is the patience to continue and of course internet connection. Now I am thinking how many people with no jobs and struggling from financial crisis are now changing their lives through the help of bitcoin trading and investments. May be not now, but bitcoin and all cryptos are actually helping our society to fight poverty.
Crazygreek
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April 24, 2018, 04:55:32 PM
 #803

Bitcoin can be very helpful for people without professional skills because it's not hard to understand and very profitable. I am not sure about world poverty but bitcoin can help to certain people.

Salu_raheel
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April 24, 2018, 04:57:06 PM
 #804

Looking interesting project
kyle999
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April 24, 2018, 05:18:30 PM
 #805

Certainly, bitcoin can suppress poverty because many people who have been helped by bitcoin and are still helping to rise to poverty.
MethMatician
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April 24, 2018, 05:20:17 PM
 #806

Just a few early birds made some money.

MisterStylish
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April 24, 2018, 06:35:10 PM
 #807

The theory is, if nobody can print more money, the wealth inequality won't grow so rapidly, or at all.
Right now new money comes to circulation in a form of debt. That pumps up the stock, bond and other markets what the poor don't but the rich have. In bitcoin it cannot happen.
Dapper
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April 24, 2018, 06:39:44 PM
 #808

Nothing can end world poverty.   The fact is, there are a finite amount of resources in this world.   And most are already controlled by a very small percentage of people.   

sent from my X6
Itjoker
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April 24, 2018, 06:46:38 PM
 #809

Unfortunately, it is very, very difficult to overcome poverty. But in practice it is almost impossible. Imagine if there will be bitches, but there will not be real production. Everyone will remain hungry and poor. Therefore Bitcoin is not a solution to victory over poverty.
DatKing
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April 24, 2018, 06:52:35 PM
 #810

I think Bitcoin will not be able to end world povery problem completely. It is going to provide so much conveniences to daily life,economy etc. for sure. But i am not hopeful about ending of the world's poverty problem.

Daniel91
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April 24, 2018, 06:56:23 PM
 #811

I don't think so.
In order to end world poverty we need free education, free and available Internet, free resources, economical aid etc.
Bitcoin comes on the end, not in the beginning of this story.

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gravitik
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April 24, 2018, 07:20:15 PM
 #812

I do not think that bitcoin can somehow solve the issue of poverty around the world
azimut95
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April 24, 2018, 07:24:39 PM
 #813

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thongs
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April 24, 2018, 07:29:22 PM
 #814

I don't think so.
In order to end world poverty we need free education, free and available Internet, free resources, economical aid etc.
Bitcoin comes on the end, not in the beginning of this story.
Yes we also need that tool for us to end the poverty in ourselves, but I also believe that bitcoin have the potential in doing it if our governement will just help individual in accessing bitcoin.

WorldBiz project
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April 24, 2018, 07:37:31 PM
 #815

I believe it’s not BTC itself but the technology of blockchain that can be wisely used to distribute goods
keziakusayang
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April 24, 2018, 07:47:08 PM
 #816

it may be, but not everyone can do it because of the limited knowledge possessed, not everyone understands about the crypto market. and not all countries that legalize bitcoin.
Tang lancip
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April 24, 2018, 07:48:57 PM
 #817

I think it will happen. if bitcoin is known by all circles evenly. also recognized by the world.
hydrococo
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April 24, 2018, 07:54:25 PM
 #818

If countries do not prohibit and do not pass laws and penalties for bitcoin users I think bitcoin will be able to end world poverty. Currently, bitcoin has successfully opened up employment opportunities for the unemployed and the middle-class workers. With the bitcoin is very helpful to the world community. Income earned from bitcoin is very promising. Opportunities created in bitcoin today is very large, we should be able to and immediately utilize it very well.

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Melvin Narag
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April 24, 2018, 07:54:36 PM
 #819

If all crypto investors and traders are donating to certain school or charity group to conduct free education, training, seminar and other free learning on how people will help themselves to earn for them and their family and surely it will surely helps solving poverty...
matedrink24
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April 24, 2018, 08:19:42 PM
 #820

If all crypto investors and traders are donating to certain school or charity group to conduct free education, training, seminar and other free learning on how people will help themselves to earn for them and their family and surely it will surely helps solving poverty...
It's hard to make this come true my friend, because you're saying like if everyone in this world donate 2$ for the charity or the poors , they will get about 20 billions dollars ?
Not everyone in this world are ready to share their money to others so this dream is actually impossible.

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