Can Bitcoin Really End World Poverty?

[Cash BTC]

I do not think it helps with the poverty of the world, not everyone has access to get bitcoin. But if an excellent way to survive day to day

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[KeijiN]

It is very relative. You need to know english, have a stable internet connection, you need to know tons of things and own many posession to join crypto world, that many people in poor countries just dont own.

[12tribes]

Theoretically, the bitcoin can end poverty, but in practical terms this may not quite be the case as other factors not presently accounted for may be the reasons why the reality may take a while or may not materialise. The bitcoin potential to tilt the financial lever in the direction of the poor is huge but this will require more than just making policies and paper work. It will require making certain compromises and foregoing or removing financial obligations from the poor. We may also need to educate and enlighten the poor and the financially illiterate. This way we may see the reality of the goodness of bitcoin.

[Cash BTC]

I think it will happen. if bitcoin is known by all circles evenly. also recognized by the world.

[ericmalik]

in my opinion,bitcoin boosts wealth for those who save money,but how can poor people get bitcoin when they have no money to live?

[ELEL_ELEL]

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 really end world poverty because bitcoin serves us as a source of income. Bitcoin gives earnings to all people who wants to embrace bitcoin.

[kb24mvp]

In my view, bitcoin can not put an end to the world's poverty. Poverty is associated with backwardness, remote areas, low educational level. Leading to the poor can not access the internet, which bitcoin requires internet.

[Specctrall]

I doubt that bitcoin can give additional income to poor people and put an end to world poverty.

[BillyTalent]

This is perhaps times about this say. I hope it will really help to solve the problem of poverty. Many people need a solution and bitcoin can help them.

[jjjrmy]

I don’t think bitcoin can eliminate the world poverty but it can lessen the unemployment rate. Because the problem of poverty is the people who are lack of education and people who are greed with their powers especially the officials from the government. Most of the poor people are illiterate and they don’t know the basics in computer. Probably the unemployed people will be solved by the booming of bitcoin in a certain country.

[RedzoneASE]

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/

I don't think it could end world poverty but it is possible that it could minimize poverty because it could help unemployed individuals to have their other outlet to gain money.

[jjjrmy]

It could be a good way for people to keep their money on a ledger that they can use to transfer it wherever they want. It could be a blessing for people without a bank account.

[Watchy312]

It would be great to be like that. I think poverty is a phenomenon that bitcoin can not stop him from unfortunately.

[cryptofeel]

Yes, If the people of the world unite anything is possible. Already people like Bill Gates and Warren Buffet are trying to bridge or close that gap. Bitcoin and other crypto currencies to further helpthat goal become a reality. The issue is just a moment of time.

[CryptopreneurBrainboss]

Just like every other thing on earth, poverty is a feature that can't be eradicated. Planning to end poverty is like planning to end the world. Poverty is needed for motivation. Bitcoin can only reduced it by enriching the early adopters but get this most early adopters are those that have some spare money to invest so let's say 70% of then were rich. So now what did BItcoin do?  Just like the first bitcoin billionaires Winklevoss twins BItcoin enrich them the more.

So it's a BIG no for me when it comes to ending poverty with bitcoin

[Xising]

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/

Good read mate. I believe it can, but you have to qualify it with time. There is no silver bullet or cure-all to get rid the world of poverty, there would always be some aspects that would hinder its eradication, and most commonly, it's the people who are in power that are secretly playing a part in prolonging the agony of those in poverty just because they want to keep the power and wealth to themselves. However, if more and more would be able to reach and learn about this market and would use it to help themselves and the country they are from, that could collectively do a chance in the world.

[Tomborneque_1102]

I believe it's true. Bitcoin can help all People to earn extra Money. Students,parents, unemployed or employed. everyonie can use Bitcoin and have a chance to change their lives. If they are just work hard and smart for this, anything is Possible.

[andylowe]

The primary reason for poverty is overpopulation. Unless we are going to solve it, poverty will remain on this planet. And I don't understand how Bitcoin can help dealing with over-population. It is just ridiculous.

Poverty will remain in this world. Bitcoin cant end world poverty because there are other people really dont know on how to use bitcoin or what will be the use of this. It will depend on the other people on how they will handle there life. If they have a hardwork then they can be end there poverty as is to other people.

[Auto9372]

I think bitcoin can not help and put an end to world poverty

[Ailmand]

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 side on the positive and would say yes. I say yes, but with the qualification of time. We can't expect that cryptocurrency is some sort of a magical potion that once you apply it to something that it would end up whatever is ailing it. It's the same as this topic, world poverty has been so entrenched in the people of the world that it can be hard to combat and stop it. You would need time and the honest cooperation of those people in power to do some good changes for the people who needs it.