Can Bitcoin help poor countries?

[1Referee]

yes i think it can help but not so much, because poor countries have no facilities of computers and internet, and without computer and internet we cannot even think about the bitcoin without internet.

Indeed I think it can help out a little bit too maybe by them using the currency the country would get more rich.
Or if they invest in it then they could make money like this also and then the country could be more developed.

People are stuggling to make ends meet there, so how do you expect them to invest in Bitcoin and keep it untouched for a certain period of time while they badly need the money for food and stuff?

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[Mastsetad]

Bitcoin is digital money. If these poor countries don't have the means to mine coins themselves or earn via some other way what will change if they adopt Bitcoin or any other crypto currency? I think basically nothing. To make more money you need money initially. If they are poor from the start they will continue to be poor for a very long time with or without Bitcoin. 

They can always earn bitcoins from the free methods available online, i'm sure any poor country would have internet connections or computers, all they need would be information about it that there is a technology that can earn them some extra money every month.

[bitcoinhopper]

I don't think that it will because people will be too poor to buy bitcoins

Indeed but what if they can earn them trough for example services or forum campaigns. This would create "jobs" for the people by bitcoin. So yes I believe bitcoin can help poor countries.

I think this would be a good idea because in someway you are pumping money and jobs into the country.
But I think it would be to hard to achieve cause 3rd world countries don't even have acces to computers etc if they are poor.

[kateaustin]

bitcoin is just a currency imo, it can't help countries directly but it can provide an easy and cheap way to conduct transactions and therefore indirectly helping and allowing poor countries to send/receive and possibly improve there local currency value.

[passivebesiege]

I don't think that it will because people will be too poor to buy bitcoins

Indeed but what if they can earn them trough for example services or forum campaigns. This would create "jobs" for the people by bitcoin. So yes I believe bitcoin can help poor countries.

I think this would be a good idea because in someway you are pumping money and jobs into the country.
But I think it would be to hard to achieve cause 3rd world countries don't even have acces to computers etc if they are poor.

I agree to this too many ways to have bitcoin right now you just need to use good strategy to earn it without loosing of course I can see bitcoin will use some day as salary for any other country for thier job if it's will happen it will easy now to work with many people around the earth.

[pmstalk]

Help a poor country means? To grow? I don't think so if it's only bitcoin. Honestly, even bitcoin will be accepted in a country, that country must not depend their economic growth on it. Of course every country has their own ways to be productive and grow, if ever, bitcoin will just be an addition to that. It can help those unemployed citizens individually if they will be giving such effort to learn about it and earn it.

Its really BITCOIN will plying leading role in poor countries by means of promoting employment ,handsome income source ultimately helps to shape the economic condition of that country.

[CraigWrightBTC]

bitcoin is just a currency imo, it can't help countries directly but it can provide an easy and cheap way to conduct transactions and therefore indirectly helping and allowing poor countries to send/receive and possibly improve there local currency value.

I agree, in my opinion bitcoin will help people of poor countries, they can become freelancer of bitcoin and getting extra income via trading, mining and other activities that related of bitcoin.

[Carlsen]

bitcoin is just a currency imo, it can't help countries directly but it can provide an easy and cheap way to conduct transactions and therefore indirectly helping and allowing poor countries to send/receive and possibly improve there local currency value.

I agree, in my opinion bitcoin will help people of poor countries, they can become freelancer of bitcoin and getting extra income via trading, mining and other activities that related of bitcoin.

I think that in poor countries you often do not have the possibility to make any kind of business because you have no bank account.
Maybe the people are not accepted by the bank or the bank is too far way.
So no transactions can be made or received by those people.
With bitcoin they can do online payments and receive money. I think that is one step in the right direction.

[drwtsn32]

Bitcoin is digital money. If these poor countries don't have the means to mine coins themselves or earn via some other way what will change if they adopt Bitcoin or any other crypto currency? I think basically nothing. To make more money you need money initially. If they are poor from the start they will continue to be poor for a very long time with or without Bitcoin. 

I feel very sad about this but I must admit that this is a good way of putting it.
I can feel those poor people, because I'm also in a "near-poor" state of living. You really cannot make tons of money if you do not invest a decent amount from the start. That's why some people try their luck with lotteries.

[thend1949]

I don't think that it will because people will be too poor to buy bitcoins

Indeed but what if they can earn them trough for example services or forum campaigns. This would create "jobs" for the people by bitcoin. So yes I believe bitcoin can help poor countries.

I think this would be a good idea because in someway you are pumping money and jobs into the country.
But I think it would be to hard to achieve cause 3rd world countries don't even have acces to computers etc if they are poor.

I agree to this too many ways to have bitcoin right now you just need to use good strategy to earn it without loosing of course I can see bitcoin will use some day as salary for any other country for thier job if it's will happen it will easy now to work with many people around the earth.

But the only problem is if they are paid using bitcoin in their salary is that the unstable price of bitcoin. If the price is always going up then it is nice but if its  going down it is really bad!

It can really help im using bitcoin as a sideline then i could earn and it can help in my daily lives

[dhimasnk]

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

in my opinion, bitcoin is not enough to help a poor country because bitcoin will not be able to help poor countries if the system of government is broken. so that the state of poverty then the country should also improve its systems

[TastyChillySauce00]

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

in my opinion, bitcoin is not enough to help a poor country because bitcoin will not be able to help poor countries if the system of government is broken. so that the state of poverty then the country should also improve its systems

that's right,even if someone just donate a ton of dollars in poor country to help the poor but the government still broken then there will be another people turning into poor as the effect of broken government.corruption,nepotism and anything bad still in the countries by the way

[SilverPunk]

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

in my opinion, bitcoin is not enough to help a poor country because bitcoin will not be able to help poor countries if the system of government is broken. so that the state of poverty then the country should also improve its systems

that's right,even if someone just donate a ton of dollars in poor country to help the poor but the government still broken then there will be another people turning into poor as the effect of broken government.corruption,nepotism and anything bad still in the countries by the way

Agree! Government takes place! Corruptions makes the country poor! . Though as a single person if you are just saying that im poor because of my living bitcoin could help you from your daily lives but if we are talking about the country it self it is very difficult to say but in individual beings it could really help a lot.

[BitHodler]

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

in my opinion, bitcoin is not enough to help a poor country because bitcoin will not be able to help poor countries if the system of government is broken. so that the state of poverty then the country should also improve its systems

that's right,even if someone just donate a ton of dollars in poor country to help the poor but the government still broken then there will be another people turning into poor as the effect of broken government.corruption,nepotism and anything bad still in the countries by the way

Good point. The governments there are the main problem for poor countries to stay exactly there where they are.

There is no intention to make their country's economy rise up and make people less poor and give them the opportunities they need.

These corrupt politicians are only feeding themselves while they drive around in the most expensive cars with suits worth more than the people in that country will ever see.

[ekoice]

Yes.Bitcoin can change the economic state of people living in poor countries.You see people in poor countries struggle to earn for their living every day. There, rich becomes more rich and poor becomes more poor.Rich people grab most of opportunities of earning.Poor people stay helpless. If they start using bitcoins, they could change their financial condition and start living a worthfull life.

[jayce]

If it means bitcoin can help poor countries become rich someday, then it cant. But if the question is "can bitcoin make people's life in poor countries become easier?", the answer is yes. I think thats one of the purposes why bitcoin is created.

No, bitcoin has all the potential to help both country and its people. It may help a country by re-infrastructure its financial system, like what was prescribed to Greece when it had faced economical crisis last year.
Similarly bitcoin might help a country's people, to earn better by providing them some proper opportunities up to their knowledge and feasibility.

Even tho bitcoin could help the country, the government wont let it happen imo, since they cant control it. And there is still no proof that bitcoin has helped and solved the financial problem of a country like Greece. Well I got this interesting article about the potential of bitcoin in economy development.

[Chennai]

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.

[Harlot]

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.

So you are saying that actual people earn a living with Bitcointalk? I don't think that earning btc in this forum can even make you well fed for a week, even if you are a Legendary member you can't live with the BTC you earn not unless you have dozens of accounts lying around. Also earning btc won't make you count as an actual employed person. Why? Because you are not really working for a company who actually employed you.

[jak3]

i do not think bitcoin should be included on these judgemental questions but i do not think it can remove poorness untill thwy get a little educated because education is even greater than bitcoin and i mean about learning not just reading books

[serjent05]

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

in my opinion, bitcoin is not enough to help a poor country because bitcoin will not be able to help poor countries if the system of government is broken. so that the state of poverty then the country should also improve its systems

that's right,even if someone just donate a ton of dollars in poor country to help the poor but the government still broken then there will be another people turning into poor as the effect of broken government.corruption,nepotism and anything bad still in the countries by the way

Agree! Government takes place! Corruptions makes the country poor! . Though as a single person if you are just saying that im poor because of my living bitcoin could help you from your daily lives but if we are talking about the country it self it is very difficult to say but in individual beings it could really help a lot.

Make an analysis, even with the government corruption if every citizen of that country is help by bitcoin, I think it will at least upgrade the status of living of every family in that country.  Take note, bitcoin does not go thru government hands but directly to those people who are working in it.  With jobs offfered by  bitcoin and people taking that job, i would say it will help the citizen of that country.