Can Bitcoin help poor countries?

[jacafbiz]

I think Bitcoin is already helping people in poor countries, earning 0.05BTC  per month in some of these countries is something and again any jack from anywhere around the world can now invest in ICO project which is not possible because not anybody will be allowed  to invest in lets say Factom ICO if listed on stock exchange.

[Superbitzz]

i do not think so as most of the poor people have no facilities of internet and computer therefore they cannot get benefit from bitcoin,

[Mr.grin]

i do not think so as most of the poor people have no facilities of internet and computer therefore they cannot get benefit from bitcoin,

you're right, without a computer and the Internet network would be useless. however, bitcoin course can help poor countries if they have a complete computer facilities and fast internet network. for example, China, although not a poor country, but bitcoin very much help the people of China who do not have jobs to get to know the business of bitcoin. even not only of China, but many of the other countries like it

[youhgt2]

yes thik bitcoin can really help poor people as it also give opportunities to earn bitcoin without any investment from signature campaign, so its best option of poor to make money.

[batang_bitcoin]

yes thik bitcoin can really help poor people as it also give opportunities to earn bitcoin without any investment from signature campaign, so its best option of poor to make money.

How about for those people who lives on a very poor community and country. Let's example the Africans, we all know what are their lives because they don't even have something to eat and that is very impossible if they are going to work with bitcoin. Because their problem is education too, their knowledge is just within their community.

[richardsNY]

yes thik bitcoin can really help poor people as it also give opportunities to earn bitcoin without any investment from signature campaign, so its best option of poor to make money.

How about for those people who lives on a very poor community and country. Let's example the Africans, we all know what are their lives because they don't even have something to eat and that is very impossible if they are going to work with bitcoin. Because their problem is education too, their knowledge is just within their community.

There are big differences when it comes to poor people. There are people that can just buy themselves enough food for the day, and that's it. And you have people that can't even afford food and stay without anything for days. In both cases there is not much where the usage of Bitcoin might help them forward, but for poor people in the latter example, there is absolutely nothing that can help them beside charity funded projects that supply them food and clean water.

[genos]

yes thik bitcoin can really help poor people as it also give opportunities to earn bitcoin without any investment from signature campaign, so its best option of poor to make money.

How about for those people who lives on a very poor community and country. Let's example the Africans, we all know what are their lives because they don't even have something to eat and that is very impossible if they are going to work with bitcoin. Because their problem is education too, their knowledge is just within their community.

There are big differences when it comes to poor people. There are people that can just buy themselves enough food for the day, and that's it. And you have people that can't even afford food and stay without anything for days. In both cases there is not much where the usage of Bitcoin might help them forward, but for poor people in the latter example, there is absolutely nothing that can help them beside charity funded projects that supply them food and clean water.

We must create a foundation that manage a bitcoin donation of all bitcoin users. Then convert bitcoin in to food or something usefull for them. And the most important ting is teach them how to use and earn bitcoin.

[MingLee]

yes thik bitcoin can really help poor people as it also give opportunities to earn bitcoin without any investment from signature campaign, so its best option of poor to make money.

How about for those people who lives on a very poor community and country. Let's example the Africans, we all know what are their lives because they don't even have something to eat and that is very impossible if they are going to work with bitcoin. Because their problem is education too, their knowledge is just within their community.

There are big differences when it comes to poor people. There are people that can just buy themselves enough food for the day, and that's it. And you have people that can't even afford food and stay without anything for days. In both cases there is not much where the usage of Bitcoin might help them forward, but for poor people in the latter example, there is absolutely nothing that can help them beside charity funded projects that supply them food and clean water.

We must create a foundation that manage a bitcoin donation of all bitcoin users. Then convert bitcoin in to food or something usefull for them. And the most important ting is teach them how to use and earn bitcoin.

Something like this would work, assuming that the organization was accountable, transparent and it was actually helping poor countries make life better for their citizens. While teaching them about Bitcoin is a goal, chances are they are more than likely not going to be able to use Bitcoin due to a lack of resources, namely computers and the internet.

[Zaun]

Yes most likely it can help poor countries if it stays growing like this and also gets bigger and bigger.
I think there is a good chance that it can help poor countries.

[Mr. Big]

Yes most likely it can help poor countries if it stays growing like this and also gets bigger and bigger.
I think there is a good chance that it can help poor countries.

I don't see the connection between its price and how that price increase could really help any poor country... IMO, Bitcoin could only help poor countries if its citizens knows how to use computer or a smartphone or any gadget that is capable on using internet, aside from that, cheap internet and people has easy access on it, if not, then there is no way that they are going to use bitcoin... 

[co5hike]

Yes most likely it can help poor countries if it stays growing like this and also gets bigger and bigger.
I think there is a good chance that it can help poor countries.

I don't see the connection between its price and how that price increase could really help any poor country... IMO, Bitcoin could only help poor countries if its citizens knows how to use computer or a smartphone or any gadget that is capable on using internet, aside from that, cheap internet and people has easy access on it, if not, then there is no way that they are going to use bitcoin... 

Most of the people in poor countries don't find a good job and even they don't have a bank account too, in that case bitcoin can be helpful as they can have their own bank in the form of bitcoin wallet.

[madwica]

Yes most likely it can help poor countries if it stays growing like this and also gets bigger and bigger.
I think there is a good chance that it can help poor countries.

I don't see the connection between its price and how that price increase could really help any poor country... IMO, Bitcoin could only help poor countries if its citizens knows how to use computer or a smartphone or any gadget that is capable on using internet, aside from that, cheap internet and people has easy access on it, if not, then there is no way that they are going to use bitcoin... 

Most of the people in poor countries don't find a good job and even they don't have a bank account too, in that case bitcoin can be helpful as they can have their own bank in the form of bitcoin wallet.

They not required bank account they only required to have resources like gadgets to access bitcoin and also internet connection because if they already have that and start earning they can be able to cash out in remittance center.

[JessicaSe]

Yes most likely it can help poor countries if it stays growing like this and also gets bigger and bigger.
I think there is a good chance that it can help poor countries.

I don't see the connection between its price and how that price increase could really help any poor country... IMO, Bitcoin could only help poor countries if its citizens knows how to use computer or a smartphone or any gadget that is capable on using internet, aside from that, cheap internet and people has easy access on it, if not, then there is no way that they are going to use bitcoin... 

Most of the people in poor countries don't find a good job and even they don't have a bank account too, in that case bitcoin can be helpful as they can have their own bank in the form of bitcoin wallet.

They not required bank account they only required to have resources like gadgets to access bitcoin and also internet connection because if they already have that and start earning they can be able to cash out in remittance center.

You are not getting his point, every individual needs a bank account but its not possible for some who don't have enough income as they don't meet the criteria of banks, in that case bitcoin can be helpful to them.

[bitcoinvestor]

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

Poor country?  I don't think that bitcoin can help but the bitcoin community may can. How bitcoin community work together to help the country that is the problem. How care the community to the poverty.

[mirakal]

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

Poor country?  I don't think that bitcoin can help but the bitcoin community may can. How bitcoin community work together to help the country that is the problem. How care the community to the poverty.

Poor countries can use bitcoin for online transaction especially for remittances to their love ones and family. In poor countries banks are just in limited numbers and money remittance center charge big remittance fee as they want to take advantage on the situation, bitcoin can help them if you will educate them on how to use it.

[SANALIU]

bitcoin can incraese income peopple use bitcoin
can help individu person to poor because can incraese income
but can't help goverment help all people not use bitcoin incrase income
only person can use and hard work to get bitcoin can help poor, so goverment not help but hard work person use bitcoin

[bamboylee]

There is the possibility to help the poor countries if bitcoin will provide them resources like computers, laptop or android phone to access their system and also internet connection but if not i think it can't not all people can afford to buy gadgets instead they are prefer to buy foods and needs.

But I don't think a bitcoin company is going to do that but that is going to be a good initiative if coinbase or blockchain is going to do that. And for sure that is going to touch other big companies heart to help people who are living in poor countries. Even it is not for bitcoin but just for humanity and to help them gain more knowledge.

It would really needs massive  effort  money and  time  when you intend  to implement these things because  giving  out computers and  other digital things would be costly,  unless if  all nations would  donate cash to a single spot then  it would possible  but  its not possible  on bitcoin related companies.

And it is not good to just provide everything to the needy. It is better if you teach them how to use bitcoin and let them provide for themselves what they need. If you spoon feed them, they will take your help for granted.

[ukasyah]

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

I don't know exactly whether bitcoin can help poor country because it's actually the problem of government, how they manage their country such as giving jobs, etc.

[gerXhonza]

It can surely help the poor countries where the rate of unemployment is very high and people find it difficult to get a job in that case bitcoin can provide them earning opportunities which can take care of their living.

[coinoclock]

It can surely help the poor countries where the rate of unemployment is very high and people find it difficult to get a job in that case bitcoin can provide them earning opportunities which can take care of their living.

and which would they be? because most unemployed have no time to work or no skills and please tell me that you don't think that they should participate in a signature campaign all day long.