Can Bitcoin Really End World Poverty?

[linkHA]

Why can bitcoin solve poverty?
It's completely unrealistic. You need to buy bitcoins by fiat money, and someone who makes money means someone loses money, which is a zero-sum game.

[kante colo]

Absolutely! It can change the finance world optimistic or negative, depend on the owners!

[GalahadSeika]

This is a very intriguing question! Bitcoin as well all know has improved many lives all around the world but how about poverty? There is a possibility that bitcoin can because it can minimize the population of poor people but not all of them because not all can't afford internet connnection and I can say that internet tends to limit bitcoins availability. So all in all if everyone can have internet connection maybe it can end poverty but if not it will just limit.

[Geoll29]

It's not only bitcoin that's needed to end poverty. Not every people needs to be investors. Image that all of us are investors or businessmen. No one will be working as in a job. We still need workers who needs to be employed in companies. Not everyone can be sellers, there should also be buyers.

[Akorharrison]

Truly Bitcoin can end poverty but not all,  it can only reduce the Numbers of poverty around the countries reasoning because not everyone that have hard about BTC or have the knowledge it. Secondly if that is possible,  not all that are computer literate. Thirdly if that is also posible not all that can afford standby power in most of the countries. If that is also possible not all that can afford to subscribe.

[sicnarfkswiss]

Bitcoin can help many people in poverty line but i believe that it cannot end the world poverty, because not everyone has an access to it and not everyone is educated enough to be involve in bitcoin. Also, not everyone is open minded about bitcoin. I believe that as long as there are still many corrupt government official the world cannot be save from poverty. Kindhearted leaders are the key to end the worlds poverty.

[GeniusAko]

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! It is impossible. Bitcoin is not the key to end the world poverty because it is not the task of the bitcoin. Bitcoin is a digital currency which we can use to pay our bills and expenses but there is advantages and benefits that bitcoin can give to the people in our community

[wormgummy019]

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/

For me, it's a big yes. Bitcoin can end the poverty from all over the world, Because in bitcoin you can earn money in a easy way and in a safe way. Even the people from low class can use bitcoin. All they have to do is to invest their money in bitcoin, it's okay if it is small amount of money and in a few months or days their money will be multiplied. So in that way bitcoin can solve the poverty in the world.

[Kotone]

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/

it can help alleviate some of the hardships caused by poverty but it isn’t a surefire way to get to a normal living quality. IT is still up to the user how he or she spends his or her money and cruptocurrency earnings and that would be dependent on how smart he or she in investing on other things and what she is planning for the future in how he does this

[zhea]

We cannot say it really end world poverty but for sure it will help people who are in poverty line make lives better and earn because of bitcoin. But still it's up to the people to get engage with bitcoin and have a better life because we all know that bitcoin really needs internet connection and a gadgets to use so you can do posting of your ideas and many more. Lets also consider the people who are in below the poverty line, we can say that bitcoin needs to be we are knowledgeable enough so that we can impart our knowledge on some of the topics that are being posted. We do have different mindset and hoping that people are the same with us so that all of us will do bitcoin and all of us will have a better future.

[Momoamzad]

We can not say this exactly that bitcoin will reduce world poverty . because maximum people unaware of bitcoin and technology . poor people are more unaware of it. But yes it is possible to bring little sunshine in their living style with bitcoin but only some people who are know about internet and bitcoin. People need to be more conscious.

[Tonygold1967]

I am not sure about this. People are poor for different reasons, besides, a lot of needy people have no internet or computer to be involved in crypto, they have no money for investment and etc. So there are a lot of reasons.

[Pinoyfan]

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 be an ingredient to have a stable economy but not definitely end the world poverty. We all knew that bitcoin can be use in good or in bad doings. So meaning the only way to end worlds poverty is to change ourselves.In every good things we did to others,  we contribute our country to be rich.

[Carlsen]

Of course bitcoin can not end world poverty.
The really poor people can neither read nore write and they do not have access to a computer. Bitcoin can not help them directly.
Maybe there is a possibility to gather bitcoins via crowdfunding in order to establish schools. But I doubt that much money could be collected this way.
I think that in the end it will be the responsibility of the nations to creat an infrastructure that offers every person anywhere access to knowledge.
Only after that step really everybody can participate and profit from bitcoin.

[grabpopcorn536]

I think it might, not right now but maybe one day when it is fully accepted worldwide and we don't have to pay huge fees to banks and other financial institutions to keep/transfer our money from one place to the another.

Not saying it will magically solve world poverty but some people when they pay less for maintaining their funds, they might spend a little more on charities.

There are many places in the world today that are still poor, but it is complicated for them to reach their destination. If there is a lot of poor or illiterate land, they will not know the internet and Bitcoin. Money transferred to those poles that will be corrupted by others, to end poverty is not there

[thepolarbear]

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 think it is impossible to really end the world poverty using bitcoin due to first of all bitcoin was not created to be a solution to end the poverty. It doesn't have the ability to stop it. BTC cannot really end the poverty because of not all of us have an internet connection, capable of using it, and knowledgable about it. But on the other hand, bitcoin can be your source of income.

[caloy06]

I think maybe because, we don't if the bitcoin is the solution of end world poverty.If we know all people about bitcoin maybe the poverty in the world is end and if we teach to all of the school or it can be a course in collage maybe it is the way of end poverty in the world.

[Algochain]

No

[Lago_V]

Of course no. Bitcoin is not some kind of a miracle. Poverty does not come just from lack of money. All the countries and governments have some amount of money. The thing is they use it in different ways. While some will invest money in their societies - economy, education, etc., others are stuck because of corruption and greed.

[Traslavin]

I think maybe because, we don't if the bitcoin is the solution of end world poverty.If we know all people about bitcoin maybe the poverty in the world is end and if we teach to all of the school or it can be a course in collage maybe it is the way of end poverty in the world.

I think also that it can maybe the solution to our ultimate problem in this world, poverty. Since the strategy and plan of every country didn't work according to their plan and still the poor in the society is still considered as the poor, then why don't we adopt some new starategy to make the life of our colleagues be uplifted also, with the help of bitcoin.