Can Bitcoin help poor countries?

[jonahmarieaton101]

Can Bitcoin or any other altcoin help poor countries?
how? what can be done?

Maybe no, because its not very easy to help especially poor countries. But in a way that people will use bitcoin, give some efforts for it, maybe it will help them but its not really that in a fast way. But I think its really hard for them because it required an internet to use bitcoin.

[romero121]

I doubt about this maybe it can help them for a part but on the other hand I do not know how we can really help them with using the bitcoin because its stays global and the fact is that the economy in such countries stays the same.

You do not need to wonder how bitcoin help poor countries, because bitcoin will help the country's economy, I think people just need to use bitcoin

That's not fair. Bitcoin as a digital currency doesn't have any dependence over the world economy. For this reason even when users continue to use bitcoin, it won't adds up to the countries economy. Because more and more were using to get out of taxation and save more. On this the governments income is getting blocked. The educated people from poor countries might benefit as its happening in Brazil.

[PokerFace3]

Can Bitcoin or any other altcoin help poor countries?
how? what can be done?

Maybe no, because its not very easy to help especially poor countries. But in a way that people will use bitcoin, give some efforts for it, maybe it will help them but its not really that in a fast way. But I think its really hard for them because it required an internet to use bitcoin.

This is what I am thinking that bitcoin is not able to help the poor countries for it requires technology, facilities and other computer stuffs as well as internet. And those poor countries can't even have something to eat and how they are going to get those requirements unless a big company is going to help them, maybe blockchain.

Some people from the poor countries are very smart and intelligent, hence they look for any available opportunity to take part in and take advantage of it. I can bet you there are so many people from the poor countries that are currently making very handsome money around bitcoin based opportunities and saving bitcoin itself.

[1Referee]

I can bet you there are so many people from the poor countries that are currently making very handsome money around bitcoin based opportunities and saving bitcoin itself.

Not sure if there are really that much people, but there certainly are account farmers here earning thousands of dollars every month with selling farmed accounts, participating in numerous signature campaigns, claiming giveaways from all their accounts, etc. If you live in a third world country, then these few thousand dollars that you earn can make you live like a boss there. Money is in the air on this forum, they smell it, and they are here to get it.

[zahra4577]

Can Bitcoin or any other altcoin help poor countries?
how? what can be done?

Maybe no, because its not very easy to help especially poor countries. But in a way that people will use bitcoin, give some efforts for it, maybe it will help them but its not really that in a fast way. But I think its really hard for them because it required an internet to use bitcoin.

This is what I am thinking that bitcoin is not able to help the poor countries for it requires technology, facilities and other computer stuffs as well as internet. And those poor countries can't even have something to eat and how they are going to get those requirements unless a big company is going to help them, maybe blockchain.

Some people from the poor countries are very smart and intelligent, hence they look for any available opportunity to take part in and take advantage of it. I can bet you there are so many people from the poor countries that are currently making very handsome money around bitcoin based opportunities and saving bitcoin itself.

There may be some people from big cities of these countries who are using bitcoin but there number is too low to make any significant difference to their country's economy

[x4]

Can Bitcoin or any other altcoin help poor countries?
how? what can be done?

Bitcoin can't do that, bitcoin is just a currency like USD and Euro, but bitcoin is digitally used,  and is USD or any national currency save their own country? I guess not, if so there is no poor country this days. But bitcoin can help people earn even just litle related in financial. But bitcoin can't help people rich, just what I know.

[Fatamorgana]

Bitcoin won't fix whole countries economics. But if some poor people from a poor country can earn bitcoin doing regular stuff. And when they do lets say 250$ which might seem low to you can get a person and their families lives in a poor country go through a month.

[Snorek]

Bitcoin won't fix whole countries economics.

Why? Because no government or national bank will try to incorporate bitcoin on a larger scale.
There are countries with rampant hyper inflation (Venezuela) which could use help of cryptocurrency - but that won't happen.
Bitcoin will never be a mainstream world's or national currency of any country it will be people's currency.
Want benefits of bitcoin? So you need to accept bitcoin as individual.

[airezx20]

Can Bitcoin or any other altcoin help poor countries?
how? what can be done?

Maybe no, because its not very easy to help especially poor countries. But in a way that people will use bitcoin, give some efforts for it, maybe it will help them but its not really that in a fast way. But I think its really hard for them because it required an internet to use bitcoin.

This is what I am thinking that bitcoin is not able to help the poor countries for it requires technology, facilities and other computer stuffs as well as internet. And those poor countries can't even have something to eat and how they are going to get those requirements unless a big company is going to help them, maybe blockchain.

Yes becuase if some country's economy is not good and considered as a poor country then using bitcoins for majority of its population will not be possible because you need to be well educted,have a lapton and good internet connection for it which will not be possible for many individuals.

[Mastsetad]

I can bet you there are so many people from the poor countries that are currently making very handsome money around bitcoin based opportunities and saving bitcoin itself.

Not sure if there are really that much people, but there certainly are account farmers here earning thousands of dollars every month with selling farmed accounts, participating in numerous signature campaigns, claiming giveaways from all their accounts, etc. If you live in a third world country, then these few thousand dollars that you earn can make you live like a boss there. Money is in the air on this forum, they smell it, and they are here to get it.

I don't think farming accounts can earn anyone thousands of dollars as they are not sold too high, but still they can earn good amount of money if they get all their accounts enrolled in campaigns and keep sitting infront of a computer 24 hours writing posts.

[Colt22]

Can Bitcoin or any other altcoin help poor countries?
how? what can be done?

Maybe no, because its not very easy to help especially poor countries. But in a way that people will use bitcoin, give some efforts for it, maybe it will help them but its not really that in a fast way. But I think its really hard for them because it required an internet to use bitcoin.

This is what I am thinking that bitcoin is not able to help the poor countries for it requires technology, facilities and other computer stuffs as well as internet. And those poor countries can't even have something to eat and how they are going to get those requirements unless a big company is going to help them, maybe blockchain.

There are a number of NGOs, welfare organizations and some wealthy people who are spending some money for the development of these poor people so if they spend some money to provide them these facilities and to provide them some knowledge to learn some skills to earn money online then it will be a better help to them.

[TTMNewsK]

I don't think that Bitcoin can help the poor countries.
Why?
It's because some of the countries are not accepting nor allow the Bitcoin in their country.
They dont know about Bitcoin and Altcoins.
The good way is to exchange the Bitcoin in your local currency. So you can use it.

[mirakal]

I don't think that Bitcoin can help the poor countries.
Why?
It's because some of the countries are not accepting nor allow the Bitcoin in their country.
They dont know about Bitcoin and Altcoins.
The good way is to exchange the Bitcoin in your local currency. So you can use it.

They will be help in terms on remittances, with bitcoin they can transact online paying only a little amount of transaction fee unlike in other online payment processor and in remittance center in the area as well, that is the advantage that they need to know and we should help to educate them.

[Mia Wallace]

since the price of 1 bitcoin is above $600 it would be a huge amount of money for the people living in third world and developing countries and they are the ones who are going to get the benefit of bitcoin.

[betohell]

Bitcoin won't fix whole countries economics. But if some poor people from a poor country can earn bitcoin doing regular stuff. And when they do lets say 250$ which might seem low to you can get a person and their families lives in a poor country go through a month.

yeah I think that bitcoin will help people who had been poor for the better again, if they want to work and earn a living in bticoin, of course their lives would be better

[ardentvolcanoes]

if the government cannot solve the problem / crisis of their country so how can bitcoin or altcoins do that thing for them . the government will never eliminate the poverty if they are still sticking on the unorganized system , i think bitcoin would bring more corruption to a certain country .

[Siyas]

Yes. Can. Educated men and women who are unemployed, are seeking for careers. Yes. Bitcoin forum made so many unemployed employed. Many experience living a comfortable life with BTC earnings. I wish bitcoin should reach every corner and make many lives live with everything required. Thanks to the founder.

[tenk]

I don't think bitcoin or altcoins will help poor countries some countries not accept not allow it or not know about bitcoin and altcoins the better way is exchange it to their local currency then help them with that cash or give them food, medicine and clothes.

[olyaru]

I have met such an action where it was said that if one threw a coin over all the earth, it would be possible to feed the hungry. But in our time, when all the hype and losh very difficult to force yourself to give to someone for a good cause.

[1Referee]

I can bet you there are so many people from the poor countries that are currently making very handsome money around bitcoin based opportunities and saving bitcoin itself.

Not sure if there are really that much people, but there certainly are account farmers here earning thousands of dollars every month with selling farmed accounts, participating in numerous signature campaigns, claiming giveaways from all their accounts, etc. If you live in a third world country, then these few thousand dollars that you earn can make you live like a boss there. Money is in the air on this forum, they smell it, and they are here to get it.

I don't think farming accounts can earn anyone thousands of dollars as they are not sold too high, but still they can earn good amount of money if they get all their accounts enrolled in campaigns and keep sitting infront of a computer 24 hours writing posts.

You should take the effort to read and understand someone's post before saying something. I was talking about account farmers that sell their accounts, enroll their accounts in numerous signature campaigns, claim giveaways from their accounts, etc. It's a combined effort that makes them earn that much. I know it may sound as an absurd high amount, but it's the reality.