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Author Topic: Can Bitcoin Really End World Poverty?  (Read 10030 times)
aa12269
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March 19, 2018, 03:21:08 PM
 #701

нe пoмoжeт пoтoмy чтo вacнaвнoм люди aлчныe нe кoмy нeт дeлa дa бeдникoв cытый гoлoднoгo нe пoймeт
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Mersterious
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March 19, 2018, 03:37:14 PM
 #702

 In my own idea i don't think Bitcoin is powerful and profitable enough to end the world poverty. Poverty is continuously going in the world and it is hard to end it now. But I think, it will reduce or lessen through Bitcoin.
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March 19, 2018, 11:06:05 PM
 #703

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! Bitcoin is not the way to get out of poverty. You need to work hard, Bitcoin is just a technology. A virtual currency, digital currency. You need to work hard before getting Bitcoin or any kind of money. Bitcoin should not  source of income for everyone.
marjon
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March 19, 2018, 11:18:00 PM
 #704

I think no, worlds poverty is one of the serious problem we faced today that can't easily solve. Even, the Bitcoin has its own problems that add burden to the world, some certain risks need to address first therefore, improvement will draw a positive impact to many entities and slowly adapt this concept on their own and start to implement.
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March 19, 2018, 11:22:05 PM
 #705

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 cannot because poverty was not just focusing or getting into concern with money but also with the presence of the environment where most resources in terms of food can be found. As long as people continues to be abusive in nature, poverty will be constantly present. Maybe lessening the effect of poverty but no totally resolving it because it is impossible that the rise of it will just resolve a long term world problem which is the poverty.

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Crislyn4116
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March 19, 2018, 11:29:24 PM
 #706

The people who willing to become successful makes the change from poor to rich. Bitcoin cannot end the poverty because some people dont do anything to join in bitcoin they said that bitcoin is scam so some people hear the news they will be scared to join in bitcoin. Like my mom they watch a bad news about the bitcoin so my mom said to me to be careful. So if the people willing to join and explore the bitcoin it can end the poverty for this person.

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March 19, 2018, 11:31:20 PM
 #707

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Ronaldcoin2017
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March 20, 2018, 12:27:44 AM
 #708

Bitcoin has not really the main solution of the issue of the world poverty. Poverty is really the world's biggest problem and it is not really the responsibility of the bitcoin to take control of the said issue. I believe that the poverty is really depend on the current leaders such as good and bad governance. We have countrys that is poor and the others are rich it is all because we really had a differrnt idea to solve this problem and maybe some country will have a corrupt politician that leads their economy to go back down as well.
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March 20, 2018, 12:28:50 AM
 #709

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.


We all know that poverty has no single reason. We don't say that poverty can solve by using bitcoin, maybe it reduce the poverty rate not to end the world poverty.  
LuciferEveningStar
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March 20, 2018, 12:37:39 AM
 #710

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 can say that bitcoins does have that kind of power, just imagine japan today who are using cryptocurrency to improve their economy and help different people's lives, If other countries does have this kind of idea then we can live a better nation.
dyablo
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March 20, 2018, 12:46:08 AM
 #711

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.

Poverty is a serious problem worldwide. Even if it is fully accepted worldwide, I don't think it is the solution to end world poverty. Yes, it might be a help to reduce the poverty rate but not to end it.
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March 20, 2018, 12:53:08 AM
 #712

yes it can help in a very big way in terms reducing poverty bitcoin gives an equal opportunity to everyone that's the reason why bitcoin a game changer

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March 20, 2018, 01:03:58 AM
 #713

Bitcoin cannot end world poverty. The government cannot end world poverty. Only ourselves can end poverty. Our attitude towards money can end poverty. Because even how much we earn, if we cannot learn how we manage our finances then that's useless. People earn big but they spend bigger that is why they have so much debt and they cannot go out in poverty.

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March 20, 2018, 01:19:52 AM
 #714

I think this is impossible. In addition to the need for new forms of currency and payment instruments, the world also needs more technologies such as medical, agricultural, and scientific innovations. Only with all-round progress can the world regain prosperity.
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March 20, 2018, 01:23:41 AM
 #715

Bitcoin intelligence can only make individual people richer, making wealthier people richer. Because most of the world’s important resources are in the hands of a few people, including some of Bitcoin’s information. Of course, I do not deny that Bitcoin gives more people a chance to get rich quickly, but it is impossible to get the whole world out of poverty.
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March 20, 2018, 01:26:36 AM
 #716

How can a currency ends world poverty? You must be a believer of the famous The Billion Coin where its goal is to end world poverty. The price is set by the owner and will only always increase. In the end it was a big ponzi scheme.  Grin

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March 20, 2018, 01:31:12 AM
 #717

It is impossible for the world to eliminate poverty altogether, because no one can help people all over the world to become completely rich, so Bitcoin is impossible. Of course, technology can help everyone in the world to live and work, so that they can use good resources to earn income, but in the end it makes you rich people themselves.
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March 20, 2018, 01:32:09 AM
 #718

People who use Bitcoin are greedy. They do not want to invest in Bitcoin to solve world poverty and resolve human disputes. They only proceed from their own interests. Poor people have no money to buy Bitcoins.
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March 20, 2018, 01:37:16 AM
 #719

No, Can't Bitcoin end World Poverty. But I think those who use Bitcoin can get rid of their own poverty.
And those poor people if they use Bitcoin, than Can Bitcoin Really End World Poverty.
The main problem of poverty because of ignorance, if bitcoin is legalized then the ignorant poor will not be able to use so it is useless, the first thing to do to end poverty is to improve education so that everyone can use the internet.
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March 20, 2018, 01:38:21 AM
 #720

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/
Nowadays we cannot deny the fact that we are carried and cover by bitcoin goodness because it promotes progress in every life so that it is not hard to say that bitcoin can end poverty that makes a great help and a big opportunity of change mostly to the life of the poor people. Wanting to make life better can be possible by the help of bitcoin...so that you cannot be able to not influence by bitcoin goodness.
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