Can Bitcoin Really End World Poverty?

[Renal]

Bitcoin prices have steadily increased over the years, and as these become more important, more and more people are looking to invest in technology. What we know is the performance of bitcoin in the past, as shown in the table below. You can not be cheated by other bitcoin traders on the bitcoin market, you do not know who you are trading with, and have no communication with other merchants. We strongly recommend that you invest in a secure bitcoin hardware purse to store your bitcoins offline. Long-term investors in bitcoin really benefit from rising prices, and in the future, the future looks very bright. How much money will you make.

[2fresh]

Why would it end poverty? Who is going to give everyone bitcoin?

[sunita01]

Bitcoin will not end the poverty of the world, but real life of many people in the world is improving. It is also true that bitcoin will play an important role in the upliftment of the people.

[xxx3]

I do not think it will end it. This doubles a lot if the fiat is taken over and handled by Bitcoin. But that will not solve the problem of greed and corruption. It may be easier to divert wealth and in terms of basic income for all, it is easier for the world economy to use a currency like Bitcoin to do it. This will align all the differences in the surrounding countries, but will not extinguish and disperse the poverty of some countries, cheap labor is still cheap and the poor will still be exploited. Bitcoin is just the money, he intercepts the intermediary, but the middle men will find another way to be in the middle and attack some coins with little effort.

[Semaj123]

Bitcoin is a big help but it cannot end the world poverty because their are a lot of people who are dependents they just depending to their breadwinner. Maybe it helps improving the economics because If they gain from bitcoin they will spend it and it is an add on in our economy. The range of people who commits in bitcoin is getting higher. The endurance of the bitcoiner is to have a savings that they may use soon.

[Netnox]

I don't think it's possible to solve the world's poverty problem in a lot of ways, not bitcoin.

I agree with you. If you really want to end the world poverty, then you need to popularize family planning and implement one-child policy. An investment asset such as Bitcoin can never eradicate poverty, because even if you give it to the poor for free, they are going to use it to purchase booze and drugs.

[Rayner77]

If only govts would invest their money in educating the poor about investment, work, or business opportunities, that would end World poverty.

[Allura74]

Bitcoin is a big help but it cannot end the world poverty because their are a lot of people who are dependents they just depending to their breadwinner. Maybe it helps improving the economics because If they gain from bitcoin they will spend it and it is an add on in our economy. The range of people who commits in bitcoin is getting higher. The endurance of the bitcoiner is to have a savings that they may use soon.

Maybe it will not end world poverty but it totally helps a lot of people that are working on bitcoin to earn more money out of bitcoin, millions of unemployed individual in the whole world that choose bitcoin as their money source because they or we see a lot of opportunity of earning a lot through bitcoin.

[2Godbdglory]

Can Bitcoin end world poverty? No, it is not possible because some people in poverty doesn't want to move for ward because they are contented with differences there problems . Some people doesn't understand d word new thing cos of there stereotype way of thinking.

[assy]

It could be, it may not be able to overcome all the poverty in the world but it is very helpful for some people to help improve the economy, because if they get the money from bitcoin they will spend the money so that the economy in the country will increase.

[coinholic]

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 doubt. Bitcoin is not the answer to world poverty. For that to happen, majority of the population should engage into crypto currencies. Also, it is people that cause poverty. So the governments should focus on its people in order to address this matter.

[11:11pas]

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

Is it possible?

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

Yes certainly can. Because I know so many people that the economy is better after knowing his Bitcoin. If more and more are using Bitcoin means it will be more and more people also who his economy better. Of course, this could reduce world poverty.

[zhea]

Maybe it can't end world poverty but it can help a lot to the people who are engage in this crypto world. It will help the unemployed have the chance to earn a living and sustain the needs of their family. We heard about beautiful and inspiring stories how bitcoin help people improve their means of living and sustain the needs of the family. Or even do have some investments to gain more profit in the future.

[jomel]

I think this is not a solution to end the poverty may be it can help in financial. but some people are not believing in bitcoin they think this is a scam they stock thier knowledge for what they're thinking.

[Erlinda Santiago]

Its very impossible because theres alot of humans tat are very selfish so they might corrupt all of bitcoin and not give other people who needs it so thats the main problem in poverty if we are not selfish then poverty might end

[Dapper]

It can certainly help move more funds from the have nots to the haves.   

[kiki52]

i think it can be. but not this day because not all world accepting bitcoin. maybe one day if all world and country accepting bitcoin and make bitcoin legal and know by they people maybe its can b true.

[kengeorge21]

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.

[HG_Lincs]

It most certainly can...... If you have access to the internet, you can obtain Crypto Currency.

Right now anyone in the world can Collect from what they call "Faucets" or "Bitcoin Faucets" You skip though a couple adds, complete a Captcha task, and you are awarded with a small amount of Bitcoin, or what every currency you're tapping.
You can also Mine a currency. In return, you are awarded in a Crypto Currency.

Governments do not control how much these activities pay out.
So, now that 3rd world citizen, can just about double his monthly earnings, provided he has electricity, a computer and access to the internet.

This is just 1 example. There are lots of possibilities. Especially because governments don't control it.
3rd world countries are not Poor because their citizens are Stupid or because they can't work, or because they are worthless.
3rd world countries are 3rd world countries because the governments keep them that way.

Crypto Currency takes away that power.

[changcloy]

No. Bitcoin was never intended to end poverty. I dislike articles as this one.
The powers that can end poverty, aren't doing so. That's the problem. Don't expect Satoshi to be the savior of this world.

absolutely true bitcoin will never end poverty,bitcoin was been running for several years but still i can see plenty of homeless people in my country.But i can say bitcoin will give us the opportunity to earn or we can get profit from it.