Can Bitcoin Really End World Poverty?

[Loopper]

No, problem is not bitcoin or any other cryptocurrency, the problem is people, their lack of desire to help others and absense of morality - that is all

This is all just in yourself, how you help others to reduce the poverty of the world. Have you ever helped others?

[Crowdsale.network]

No. Bitcoin is not a panacea for all the problems of the world. The problem of poverty can be solved only after the changing of worldview of people. When people start to think not only about themselves, but about all.

[aleksej.rozhkov]

I do not think that bitcoin can eradicate poverty around the world because the system was created not to gild people, but to make their life easier.

[EEEian]

At this point you are just dreaming.There is absolutely zero indication fiat is going to be dropped soon because it is so easy to manipulate.How do you expect people to govern digital currency when so many people still barely can work or even have access to a computer or have basic skills to secure their own money.

[zitbau]

I certainly can not. Poor people are not exposed to bitcoin so they have no knowledge or experience in investing in bitcoin. The poor have no internet to carry out transactions with bitcoin.

[sashulya7979]

I think that bitcoin will not be able to improve the situation and so people who do not have a penny but those who have some small capital and will be able to invest money and be confident in bitkoin can be richer.

[EmJay]

No, bitcoin can't  end the poverty. Bitcoin is not here to save the world in poverty but at least it can help people especially those who are less fortunate including jobless to earn extra income for living.

[Mofoblitz]

I don't know if bitcoin can end world poverty but it can be a good way for people with no jobs and are unemployed to earn some money for themselves so they won't have to resort to illegal activities to make a living.

[herlips]

My answer is definitely a no, bitcoin can't end the world poverty. Poverty is the effect of huge unemployment rate, bitcoin may only help if unemployed people will have a chance to learn or access information about bitcoin. In that way, the poverty rate may be reduced.

[12tribes]

Bitcoin will not be able to end poverty. even if the sand on the earth were to become money, some people will still be poor, because the mindset of a man is what makes his poor not his degree of financial capacity. Let the people be thoroughly educated and enlightened then we can rid the worldof some level of poverty.....yes.

[irinalevina456]

The yield to the monitor is 10-20% per month on Bitcoin that is a week about 5% is obtained.

[JillClarissa]

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 don't think it's possible. I think it's hard for most poor people to get access to bitcoin, so bitcoin doesn't change their lives. And making money through bitcoin is not that simple. Only a small number of people can earn money by investing in bitcoins.

[Alien_faucet]

Bitcoin can play a very important role to alleviate poverty across the globe.

[Doge dealer]

that's hardly possible , the issues of world poverty goes far deeper than the financial issues alone , yes a lot of money can be made from bitcoins but the knowledge and know how to make this money is the greatest issue.

[DAOfan]

I really doubt bitcoin will do anything to end world poverty. Bitcoin's most amazing use so far has been in politically unstable regions that are going through a period of uncertainty and/or high inflation. Bitcoin has been a safe haven investment in those countries due to its international nature. It is a way to preserve wealth. However, you need to be fairly computer savvy to buy and store bitcoin and to use it for transactions. Most people in poverty are not going to have access to a computer (they may not even be literate).

[Crash21]

People who started working with bitcoin is not making anything useful for our world and just using electricity so probably not, bitcoin can't end world poverty.

[piratcoin]

It is conceivable if the predominant press and productions do not place concern in Bitcoin speculators, If simply banks will not cause you to frightful on the grounds that they required your benefit their managing associate degree account framework so that they may price you with superfluous expenses. it's conceivable in light-weight of the actual fact that for every Bitcoin that a person contributes, its estimation builds the percentages of obtaining out from obligations and cash connected hardships.

[Justinalex]

not necessarily bitcoin ending poverty we do not know the bitcoin the future will continue to grow or not. but for now bitcoin only reduces unemployment in our country.

[renc77]

For me, bitcoin is about improving the procedure of transaction currency in the society; and it is not intend to solve the problem of poverty in the country.

Poverty is about the irresponsible people, the poor government, and the unfair system. However, if bitcoin continues to grow, it lessen unemployed person in the community which might help to minimize poverty. 

[Btcmicel]

For me, bitcoin is about improving the procedure of transaction currency in the society; and it is not intend to solve the problem of poverty in the country.

Poverty is about the irresponsible people, the poor government, and the unfair system. However, if bitcoin continues to grow, it lessen unemployed person in the community which might help to minimize poverty. 

For me, i can't say that all people who's in proverty can recovered because of bitcoin but it can reduce our financial problem. Bi t coin can help people to earn money and if you used it in a good way, then bitcoin give you a bright future and to your family.