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Author Topic: Can Bitcoin Really End World Poverty?  (Read 10032 times)
boboyboi
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February 21, 2018, 02:22:00 PM
 #541

for me the answer is no, it will not end poverty. if everyone knows how to use and how to earn bitcoin maybe can help poverty but not totally end up. bitcoin is usefull for those people who can afford to  pay bills for internet connection., people that has the knowledge of crypto the new technology can use it.  not everyone knows about bitcoins specially those who live in remote areas.
cutiecez05
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February 22, 2018, 09:28:30 AM
 #542

For me, bitcoin cannot really end world poverty maybe it can lessen poverty.. We should not hope always that bitcoin is the answer to all our problems, we should do and find ways to solve our trials in life.. It is still in our own hans to solve whatever hindrances we face everyday.

irukandji
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February 22, 2018, 09:56:25 AM
 #543

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't because poor people wont have any bitcoin to put in a lightning channel.
Bosx1ne
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February 22, 2018, 10:14:00 AM
 #544

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 is impossible to solve the world poverty. Poverty is the main problem of our society. The reason why poverty will exist in this world forever because there is scarcity that is happening in our society.

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February 22, 2018, 10:17:27 AM
 #545

Bitcoin is about making things transparent in the world.  Not some social justice warrior mission.
irukandji
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February 22, 2018, 10:44:35 AM
 #546

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 is impossible to solve the world poverty. Poverty is the main problem of our society. The reason why poverty will exist in this world forever because there is scarcity that is happening in our society.

there is plenty  enough wealth in the world, but when people have no stable currency they cannot save or trade very easily. If you can't save or trade you remain poor.
nellakarisma
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February 22, 2018, 11:03:40 AM
 #547

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 is true gan can overcome a minimum reduce the number of poverty in the world. what else if we invest with a fairly large model. the results we earn will be great as well.
although we do not have the capital can still participate to invest by joining bounty altcoin .
Karen23
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February 22, 2018, 11:08:56 AM
 #548

I would not believe bitcoin would end poverty.  In fact bitcoin is use in illegal transactions like drugs and human trafficking.  How could they end poverty?  Unless the big whales would share their bitcoins. Smiley


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February 22, 2018, 11:11:50 AM
 #549

I would not believe bitcoin would end poverty. 
Agreed! Bitcoins is not making money from thin air, there needs to be someone to buy it else how it will grow. Yu need money to make money.

In fact bitcoin is use in illegal transactions like drugs and human trafficking. 
Nope major part of bitcoin transactions are over exchanges and now bitcoin is more of a speculation stuff these days rather than a groundbreaking innovation.
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February 22, 2018, 11:12:35 AM
 #550

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/
can because I've seen from all my colleagues who once lived in poverty and lack thereof. Alhamdulillah after they know and join in crypto world they have become millionaire even they always hold Compensation to people who can not afford and orphans.
things like this I'm sure also happen in parts of the world not only in my area aja gan.

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February 22, 2018, 11:18:07 AM
 #551

Bitcoin can really end world poverty if the people in the world believe in it and know they can make a high profit by bitcoin
Serious475
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February 22, 2018, 11:22:59 AM
 #552

People use Bitcoin as their another source to earn money.  For me, Bitcoin cannot end world poverty because you need money to invest in Bitcoin to earn its rewards. If you will earn Bitcoin without using any capital or money, you will only earn just a small amount of money. For me in order to end the poverty, I guess that we should focus on giving them education. If you want to use your earnings in Bitcoin to spend for the sake of education of other people, then that is good. For me, Education can help end world poverty than Bitcoin.
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February 22, 2018, 11:32:54 AM
 #553

bitcoin has already provided many people with prosperity, but at the same time there is a downside to those who bought or sold not in time and has a hole in pants or traders with a shoulder with endless debts, there will always be those who have received and those who have lost.

Bitcoin is such a volatile asset. So obviously, there will be winners as well as the losers. We frequently hear the stories about the winners. But the stories of the losers seldom surface. I remember a few. I know that a few investors committed suicide when the Mt Gox exchange went down. And recently, a student in South Korea committed suicide after losing around $200,000 in trading.

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February 22, 2018, 11:42:47 AM
 #554

For me i think no. Because people can end the world poverty if they want to survive in their life they will work hard to get eat 3 times a day. The people who want spoon feeder will not end poverty make work hard to overcome the poverty. Bitcoin for me for work hard people it can help to make earn some money for their daily life to survive.

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February 22, 2018, 11:45:49 AM
 #555

No,I dont think there is any connection in bitcoin and end of the world poverty.Till now those ,who have knowledge about the bitcoin an have for investment earning huge profit from bitcoin.Poverty can be eliminate by the collective action of government and NGO,other welfare societies and people all over the word and isteslf poor person.
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February 22, 2018, 11:47:59 AM
 #556

Yes it can end world poverty if its good ways may continue and if the government will use it in a good way
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February 22, 2018, 11:49:59 AM
 #557

People use Bitcoin as their another source to earn money.  For me, Bitcoin cannot end world poverty because you need money to invest in Bitcoin to earn its rewards. If you will earn Bitcoin without using any capital or money, you will only earn just a small amount of money. For me in order to end the poverty, I guess that we should focus on giving them education. If you want to use your earnings in Bitcoin to spend for the sake of education of other people, then that is good. For me, Education can help end world poverty than Bitcoin.
I think bitcoin is nothing to do with the poverty status of the country. Bitcoin is just an instrument to be use by the people around the globe to gain a profit, I think poverty is only depend on us if we are going to work hard as one to get more profit maybe poverty is no place in this world at all.
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February 22, 2018, 11:52:55 AM
 #558

I don't think so. The one who can end the world poverty is the people themselves only with the help of bitcoin. I don't think that poor people can access bitcoin. I think it wilo as long as ALL people around the world knows and are involved and are earning bitcoins. But I think that it won't happen. Bitcoin won't simply make poverty disappear.
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February 22, 2018, 11:58:46 AM
 #559

Hmmm. Yes if our leaders will handle bitcoin seriously and secured
Joyceshiroor
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February 22, 2018, 12:12:47 PM
 #560

 It feels like the reduction of transactions fee are not enough to end world poverty. Bitcoin can help reducing poverty only if the people will take it up as a mission to be accomplished.
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