Can Bitcoin Really End World Poverty?

[voom360]

Actually, there is a possibility that it could, and not just bitcoin, but the other cryptocurrency as well. Just imagine how helpful bitcoin is for someone who finds it difficult to acquire jobs due to lack of experience or educational attainment. That is why it a great help.

[Daveeoff]

Hell nah. Bitcoin sure has made some people super rich and will keep making other people rich, this is only the beggining.

[coinstalker23]

I don't think it can end the world poverty as long as there are people who are selfish enough to hoard all the wealth in the world and lazy people aren't doing anything to improve their lives there won't be any changes. Bitcoin can help people who are taking the risk and have guts to get broke and keep up in the ever-changing fast-paced market. Some people think bitcoin is their way to improve the quality of their life but it's not for everyone I guess.

[thinknow11]

People are poor not because they are lazy. It was due to the recklessness of the government, the bad leadership, corruption and politicians are making life more difficult for their people to be more poor.

Bitcoin will only reduce the number of unemployment globally but that of poverty is a government matter.

[sashulya7979]

Of course not. Not all countries are developed and have an idea of the crypto-currency. To even participate in the process of trading, you must have at least some original amount. If only millionaires share their incomes with the poor.

[shunga]

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 dont think so if it is happen because not all people know how to use bitcoin make their life better. And also not all people have their own material that they can use in bitcoin so i think its possible.

[bigbosma]

Bitcoin can move from the throne of the banking system, taxation, and corruption. To improve accounting and many electronic technology. Only bitcoin is not for gambling people, it needs brains.

[Hassan02]

 

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 myself bitcoin can change my life for the better, because I can double my money, both in trading with bitcoin and altcoin. plus I can get bitcoin by following bounty, like twitter campaign and others, so I guess that can, as long as everyone has a desire to get to know the crypto world.

the way on how you are can double your money are depends on how good you are in making some strategy what good moves you can take that , this is may hard if you dont have patient on this currency.

[renggileh]

the answer is no, bitcoin does not reduce poverty in the world at all
why I say so, because the average bitcoin users are from middle to upper class, and not from the poor.
because most of the poor do not have enough knowledge about technology. intenet only they do not recognize it let alone bitcoin.

[Zachwolf]

Only collective human compassion can end world poverty.

No because not all countries accept bitcoin as legal then how to end it. As of now there are only few countries use bitcoin currency and poverty still exist.

[chromosomes]

Bitcoin is not some charity-based association so it cannot be an aid to end world poverty. It is in the person if he wants to change and make something new for himself. We cannot depend on something or somebody the good change we want, because it should start with ourselves. If we want to end something that is not good, we should start with ourselves and encourage others to do the same. Be a model to them.

[Ris88]

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/

Many people expect that with your question, of course, if bitcoin can change everything there is nothing impossible in this world, all can happen whether it is when, and all is a matter of time just for all that happens ..

[semutracing]

Yes it can end world poverty if its good ways may continue and if the government will use it in a good way

Not everyone knows the true value of bitcoin, some call it scam or illegal but there are people who appreciate bitcoin just like gold. In my opinion, bitcoin can end world poverty but it really depends on us all about how we look at this crypto currency

[Sar elok]

I think it's a difficult thing to never achieved. It's like a disease of poverty, the currency of conventional or bitcoin as doctor. Bitcoin or currencies can heal, but it can never eliminate the disease.

[chocomartin]

While I think bitcoin can be a source of additional income for low wage workers (if they knew about BTC and had the resources to invest and/or mine them), it is naive to say that bitcoin can solve world poverty.

[A L I E N]

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 met some charity programs where the funds were collected in crypto coins. It were Bitcoin, Ethereum and some other. This is a most obvious way to conquer the poverty in the world. But that’s not enough of course.

[kikoy999]

bitcoin can afford to finish the difficulty because of the increase in the number of investors and its users in the Philippines because if they have more of these help people, more and more people will suffer from it so it is necessary to promote nationwide so that it can help more poor people.

[monster2]

bitcoin can finish the difficulty here in the country because if you have a bitcoin you can earn it so the government of the Philippines supports bitcoin because it helps many Filipinos.

[hatun]

I think it will make things better for the poor, particularly migrant workers.  But it won't end world poverty.  What might end world poverty is if we could get rid of usury, which is what made it so bad in the first place.

Exactly. Poverty alleviation is not the fundamental task of bitcoin. It is a crypto currency that is designed to ease world's transaction. Thus it can enhance world's business performance to enrich human lifestyle. It assists in poverty reduction, but it's motto is smoother and fastee transactions worldwide

[tradeviser]

Bitcoin or other cryptocurrency will not 'end' the world's poverty. People basically wants Bitcoin because of the financial help. Bitcoin is one of the promising investments for the foreseeable future.