OlegK41
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April 25, 2018, 05:44:05 AM |
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Bitcoin will not make all people rich, because first you just need to buy Bitcoin. And most ordinary people still do not even know about Bitcoin, another part of people simply does not believe in him. So how can Bitcoin make such people rich? The answer is no. Bitcoin financially can only help those people who have Bitcoin. And he has already made rich many people who bought it a year ago or more than a year ago.
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Ingramtg
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April 25, 2018, 06:00:09 AM |
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Actually poverty issues is the problem of each and everyone of us and our country. The main reason of that are is in ourselves for being lack of education, job opportunities, and laziness and another reason is in the government the people who has an authority and abusing their power and position for their self interest. And I dont think bitcoin will end this issue maybe bitcoin will gave us an extra income and extra jib but it is not enough to fulfill the needs of everybody. |
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Sar elok
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April 25, 2018, 06:00:16 AM |
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I am pessimistic if bitcoin will reduce world poverty. Poverty was personal. If personally unwilling to change his life, impossible bitcoin odds could change his life. |
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mcconah
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April 25, 2018, 06:03:39 AM |
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Yes, of course. bitcoin can provide an advantage, we can make money with bitcoin. So bitcoin can increase one's degree to a better economy and also has the potential to further eradicate poverty in the world.
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jomel
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April 25, 2018, 06:09:26 AM |
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Bitcoin is so useful in most of the poor countries with lots of unemployed people. Bitcoin gives lots of opportunities to does who are poor. Those who are unemployed still earning for a living because of bitcoin. So i can say in a process and if bitcoin will be stabilize it somehow end the poverty of each and every individual in each countries. We just need to believe on it because bitcoin now is becoming popular.
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mustafizur8400
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April 25, 2018, 06:12:03 AM |
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It can not completely solve the problem of poverty but can help minimize it by engaging more people in this online crypto currency market. It will take more time to make people aware of this matter.
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MUSFIKAR
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April 25, 2018, 06:13:39 AM |
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Will not end it. It shifts everything if the fiat is taken over and handled by Bitcoin. But that will not solve the problem of greed and corruption. It may be easier to shift wealth and in terms of basic income for all, it is easier for the world economy to use currencies like Bitcoin to do so. I feel like a reduction in transaction costs is not enough to end world poverty. For Bitcoin even useful for people whose internet connection is very poor must be available to everyone or at least entrepreneurs and traders in the market.
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nurbay
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April 25, 2018, 06:21:56 AM |
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It could happen if anyone proposes and owns the community. Because to tackle poverty all over the world is a program that has a large scale and must have a team structure that is able to manage it well.
Surely this is a program that must be approved by each country.
But now we see not all countries accept the use of Bitcoin.
There are only a few countries that accept Bitcoin as their payment tool.
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MAJICOIN
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April 25, 2018, 06:35:54 AM |
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Bitcoin can give people different benefits like if we says that bitcoin is providing people the benefit of employment is true and we can become the employee of different people in the world and i think it is the best way to get in job with different peoples and in the future we will become the crypto users then we will keep our money for investment.
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bitcoinVPSD
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April 25, 2018, 06:37:04 AM |
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Bitcoins are not really created to stop poverty. Bitcoin was created to help the world become better. By offering investment opportunities, new business forms and efficient and secure payment methods. Bitcoin can not end poverty. That depends on the government's support policy to support the people of the country they know about bitcoin. From there the poor have a job with bitcoin so they have better lives.
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shinchan123
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April 25, 2018, 06:37:25 AM |
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That depends on Bitcoin's value, I think. Indeed bitcoin offers a chance for those people who find it hard to look for a job and earn money. But, bitcoin is still volatile, which means there will always be time when it is not profitable. So, how will it end world poverty during those times? |
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RickFoster
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April 25, 2018, 06:50:10 AM |
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Try to look on how bitcoin works, bitcoin offers lots of positive financial opportunity for lots of people specially in areas where it is not banned but in order to be part of bitcoin network, a person should have an internet connection, an internet-capable device, and off course atleast few bucks for start up.
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poisonivy77
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April 25, 2018, 07:01:37 AM |
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I think it is possible though it needs a cooperation between its members, when people learn to share their knowledge on bitcoin and when everybody learns its benefits. |
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Davido1174
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April 25, 2018, 07:08:00 AM |
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I dont think it can end world poverty, as far as i know, most people doesn't know how to use computers and also doesn't know about bitcoin. only few people know bitcoin and there are also countries that has banned bitcoin. It is not possible to get rid of poverty worldwide. There is no cure for poverty. Only the risk takers are the ones permitted to stay way above poverty
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jake zyrus
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April 25, 2018, 07:17:41 AM |
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I think bitcoin can help our world to fight and end eventually the poverty among our societies. The one of the causes of poverty is unemployment among the people. Bitcoin can help the world by providing jobs and source of income. These new careers like trading and signature campaigns have already helped many people in my country and I wonder what it can do to other places as well. |
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omar bakrie
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April 25, 2018, 07:23:28 AM |
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Yes, obviously this is very likely to happen. Bitcoin really can to end poverty in the World. I am sure that if all countries have legalized and use Bitcoin Bitcoin definitely will end poverty in the World. People all over the world will no longer feel the difficulty of meeting their daily needs. |
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Sonajin_Coin
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April 25, 2018, 07:27:08 AM |
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It's a noble thought and I do hope a cryptocurrency can do this but I don't think it's possible with Bitcoin. It is simply too expensive to buy into with transaction fees that make it impossible for everyday use, let alone for the underprivileged and unbankable people.
However, I have heard stories of a few countries with essentially failed or failing currency where Bitcoin has filled the void. With that said I do think there are other currencies out there such as Lumens which would be more ideal for this purpose (of course whether or not I trust the centralization behind it is another story-though I do hold XLM).
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Robert.J.K
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April 25, 2018, 07:29:00 AM |
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If countries do not prohibit and do not pass laws and penalties for bitcoin users I think bitcoin will be able to end world poverty. Currently, bitcoin has successfully opened up employment opportunities for the unemployed and the middle-class workers. With the bitcoin is very helpful to the world community.
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ipbitrung01
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April 25, 2018, 07:38:04 AM |
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Bitcoin only supports having many opportunities to work for people. People do not charge a fee because there is no need for a third person in transactions. But the poor have little chance to know about Bitcoin, their means of joining Bitcoin are difficult (computers, smartphones, the Internet ...). The issue of whether or not poverty is resolved depends largely on the development policy of national leaders. Bitcoin can only help but not solve this social problem.
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Pavel Medino
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April 25, 2018, 07:40:06 AM |
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The most logical thing bitcoin to do to the people of the world will be the redistribution of wealth, which may in some way reduce the poverty level around the world, but certainly not end it. There will always be poor people somehow in the world.
at least bitcoin to participate and reduce world poverty, not many do that the world, even the united states are just a promise sale. |
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