Bitcoin Forum
June 25, 2024, 03:37:56 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 [36] 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 »
  Print  
Author Topic: Can Bitcoin help poor countries?  (Read 73776 times)
prabowo96 (OP)
Full Member
***
Offline Offline

Activity: 238
Merit: 100

it's showtime


View Profile
October 15, 2016, 09:04:10 PM
 #701

no i do not think so that bitcoin can help poor countries because poor countries have no facilities of internet and computers.
Maybe years ago, poor countries doesn't have Internet and computer, but today, even third world countries have Internet and almost everyone has a computer. If not, they have a smartphone, which is enough to connect to the Internet and start earning Bitcoins. I think the countries that you were talking about are countries that aren't civilized. Even India has an Internet and a lot of Indians can actually be found on the Internet.

Yeap, nowadays it's easy to see poor people with cellphones and internet, and that's what they need... I saw a news times ago about a cheap smartphone, maybe made in India...

I think bitcoin can help poor countries indirectly through offering investment options as well as a cheap method to transport money globally even when conducting worldwide transactions. it can also offer few earning options for the residents of poor countries.
Good to go. It is better to teach the countries to fish instead of buying them fish. I am sure online has reached every corner. We have already discussed about making all aware of BTC by keeping stores in big cities. This could be a method to spread bit faster. All unemployed would become employed around the world. All sources can be used to advertise BTC. Wish there should be none suffering from poverty. 

Smart though this fish thing... People need education, so in this way they can make their life and make the country rise. That's why the rich countries stay rich, they invest on education and well, blockchain is the technology of the future and for sure the poor countries will be the last one to heard about this.

TheUltraElite
Legendary
*
Offline Offline

Activity: 2912
Merit: 1301


So anyway, I applied as a merit source :)


View Profile WWW
October 15, 2016, 09:08:34 PM
 #702

It is very difficult to predict whether bitcoin can really help a poor country or not and it is a very tough claim as well.
People can keep doing micro-jobs to earn bitcoin and then if the country has shops accepting bitcoin then they can easily use the earned bitcoin to buy their daily grocery, medicine, water, electricity and other necessities.
So I think it can help but it needs proper infrastructure to be implemented in a proper manner.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
prabowo96 (OP)
Full Member
***
Offline Offline

Activity: 238
Merit: 100

it's showtime


View Profile
October 15, 2016, 09:14:40 PM
 #703

It is very difficult to predict whether bitcoin can really help a poor country or not and it is a very tough claim as well.
People can keep doing micro-jobs to earn bitcoin and then if the country has shops accepting bitcoin then they can easily use the earned bitcoin to buy their daily grocery, medicine, water, electricity and other necessities.
So I think it can help but it needs proper infrastructure to be implemented in a proper manner.

It's more possible to a rich country implement bitcoin or even an goverment altcoin, can you imagine if a country do this? the especulation/value of the coin will raise a lot and it can expand to anothers countries, like a economy block. Maybe this will be the future in a thousand of years...

mrcash02
Hero Member
*****
Offline Offline

Activity: 1190
Merit: 525

CryptoTalk.Org - Get Paid for every Post!


View Profile
October 15, 2016, 09:22:32 PM
 #704

I think so, because usually the BTC rewards on internet are relative to dollar. So, for poor countries the low rewards probably will worth, because their local coin is devaluated and dollar costs a lot for them.

And micro tasks anyone can do, it's not hard and those people can have an extra income. Just need to be attention if Bitcoin isn't forbidden in their countries... Because some governments don't like it.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.CryptoTalk.org.|.MAKE POSTS AND EARN BTC!.🏆
richardsNY
Legendary
*
Offline Offline

Activity: 1232
Merit: 1091


View Profile
October 15, 2016, 09:25:40 PM
 #705

I think so, because usually the BTC rewards on internet are relative to dollar. So, for poor countries the low rewards probably will worth, because their local coin is devaluated and dollar costs a lot for them.

And micro tasks anyone can do, it's not hard and those people can have an extra income. Just need to be attention if Bitcoin isn't forbidden in their countries... Because some governments don't like it.

In order to complete tasks, you need to have a smartphone or a computer with internet connection. Really poor people don't have any of that, so how exactly do you think this will work out for them? They work hard for a few bucks every day to buy themselves food. There is no time for anything other than that as they work 7 days in a week in order to eat.
Colt22
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500


View Profile
October 15, 2016, 09:46:33 PM
 #706

I think bitcoin can help poor countries indirectly through offering investment options as well as a cheap method to transport money globally even when conducting worldwide transactions. it can also offer few earning options for the residents of poor countries.

yeah that is good bitcoin is a way of cheap money transaction and it provide a god discount on purse.io so the poor people can adopt it and can get benefit with this coin in their life.
MTBTT
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500



View Profile
October 15, 2016, 09:58:14 PM
 #707

I think bitcoin can help poor countries indirectly through offering investment options as well as a cheap method to transport money globally even when conducting worldwide transactions. it can also offer few earning options for the residents of poor countries.

yeah that is good bitcoin is a way of cheap money transaction and it provide a god discount on purse.io so the poor people can adopt it and can get benefit with this coin in their life.
I think that is needed by poor countries is an injection of funds or give jobs to people and it could make the poor be reduced, if they use bitcoin, they can do it

qiwoman2
Legendary
*
Offline Offline

Activity: 2114
Merit: 1023


Oikos.cash | Decentralized Finance on Tron


View Profile
October 16, 2016, 06:08:46 AM
 #708

More and more poor countries are looking at bitcoin because it doesn't need a banking system and expensive overheads and the transaction fees are very cheap which benefits those people who send money working overseas to their loved ones in the poor countries at home so bitcoin is revolutionizing poor countries and economies.


█▀█ █ █▄▀ █▀█ █▀ ░ █▀▀ ▄▀█ █▀ █░█
█▄█ █ █░█ █▄█ ▄█ ▄ █▄▄ █▀█ ▄█ █▀█



DeFi on Tron
and trustless token exchange
█████











█████

██████████████████████████████████████████████████████

JOIN OIKOS

██████████████████████████████████████████████████████

█████
    █
    █
    █
    █
    █
    █
    █
    █
    █
    █
    █
█████
PacePay
Hero Member
*****
Offline Offline

Activity: 672
Merit: 500


View Profile
October 16, 2016, 06:36:11 AM
 #709

I think bitcoin can help poor countries indirectly through offering investment options as well as a cheap method to transport money globally even when conducting worldwide transactions. it can also offer few earning options for the residents of poor countries.

yeah that is good bitcoin is a way of cheap money transaction and it provide a god discount on purse.io so the poor people can adopt it and can get benefit with this coin in their life.
I think that is needed by poor countries is an injection of funds or give jobs to people and it could make the poor be reduced, if they use bitcoin, they can do it


Bitcoin is a good way to provide jobs to the poor people. With bitcoin they will be able to earn the same wage which people in developed countries earn and will be able to live a better life but we have to provide internet connection to them.
2girls
Sr. Member
****
Offline Offline

Activity: 1002
Merit: 254


Tontogether | Save Smart & Win Big


View Profile
October 16, 2016, 06:39:27 AM
 #710

I think bitcoin can help poor countries indirectly through offering investment options as well as a cheap method to transport money globally even when conducting worldwide transactions. it can also offer few earning options for the residents of poor countries.

yeah that is good bitcoin is a way of cheap money transaction and it provide a god discount on purse.io so the poor people can adopt it and can get benefit with this coin in their life.

Yes, Bitcoin does not support the Government. They support the people. So if bitcoin is introduced in a poor country, that will really help that country.

Theb
Hero Member
*****
Offline Offline

Activity: 1680
Merit: 655


View Profile
October 16, 2016, 06:43:57 AM
 #711

In terms of being a kind of main income? Than it is a no, the ability to earn a substantial amount of bitcoin for you to live daily is non-existent as for the moment yes having a signature campaign has significant value to it but it is not enough for someone to last even 2 weeks of food with it. Not unless the person has other good ways to earn bitcoin than it can definitely help him/her.

..bustadice..         ▄▄████████████▄▄
     ▄▄████████▀▀▀▀████████▄▄
   ▄███████████    ███████████▄
  █████    ████▄▄▄▄████    █████
 ██████    ████████▀▀██    ██████
██████████████████   █████████████
█████████████████▌  ▐█████████████
███    ██████████   ███████    ███
███    ████████▀   ▐███████    ███
██████████████      ██████████████
██████████████      ██████████████
 ██████████████▄▄▄▄██████████████
  ▀████████████████████████████▀
                     ▄▄███████▄▄
                  ▄███████████████▄
   ███████████  ▄████▀▀       ▀▀████▄
               ████▀      ██     ▀████
 ███████████  ████        ██       ████
             ████         ██        ████
███████████  ████     ▄▄▄▄██        ████
             ████     ▀▀▀▀▀▀        ████
 ███████████  ████                 ████
               ████▄             ▄████
   ███████████  ▀████▄▄       ▄▄████▀
                  ▀███████████████▀
                     ▀▀███████▀▀
           ▄██▄
           ████
            ██
            ▀▀
 ▄██████████████████████▄
██████▀▀██████████▀▀██████
█████    ████████    █████
█████▄  ▄████████▄  ▄█████
██████████████████████████
██████████████████████████
    ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
    ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
       ████████████
......Play......
ObscureBean
Legendary
*
Offline Offline

Activity: 1148
Merit: 1000


View Profile WWW
October 16, 2016, 06:46:40 AM
 #712

More and more poor countries are looking at bitcoin because it doesn't need a banking system and expensive overheads and the transaction fees are very cheap which benefits those people who send money working overseas to their loved ones in the poor countries at home so bitcoin is revolutionizing poor countries and economies.

Yes as a money transfer system it's great, low transaction fees and no cross border restrictions/requirements but I don't think it would be wise for these countries/people to rely on Bitcoin as a storage of wealth at least not yet. Plus it would be more practical for them to convert it to their local currencies anyways, I doubt they have many places that accept Bitcoin directly. Bitcoin has only been around for ~7 years, it has yet to pass the test of time (at least in my book).
iqlimasyadiqa
Legendary
*
Offline Offline

Activity: 1596
Merit: 1011



View Profile
October 16, 2016, 01:18:13 PM
 #713

More and more poor countries are looking at bitcoin because it doesn't need a banking system and expensive overheads and the transaction fees are very cheap which benefits those people who send money working overseas to their loved ones in the poor countries at home so bitcoin is revolutionizing poor countries and economies.
bitcoin will help a poor country because bitcoin transactions have a system that is very easy. one thing to note that support access to technology weapons. such as a computer device and also the openness of the Internet access.
groll
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250


View Profile
October 16, 2016, 01:36:19 PM
 #714

I think bitcoin can help poor countries indirectly through offering investment options as well as a cheap method to transport money globally even when conducting worldwide transactions. it can also offer few earning options for the residents of poor countries.

yeah that is good bitcoin is a way of cheap money transaction and it provide a god discount on purse.io so the poor people can adopt it and can get benefit with this coin in their life.

Yes, Bitcoin does not support the Government. They support the people. So if bitcoin is introduced in a poor country, that will really help that country.

That is really possible that bitcoin is going to help people who lives in poor countries. But the fact is that because they are poor people who lives in poor countries then the facilities is one of the things that they need to be resolved first. Because having no facility is not going to help them move even bitcoin is there for giving them opportunity.

You have a point there my friend.  How can they make some earning and enjoy the benefits of making their lives profitable through bitcoin if they do not have the equipment.  Equipments like electricity, a set of computer, and internet connection.  These three are essential in having the full benefit of bitcoins.   
MWesterweele
Hero Member
*****
Offline Offline

Activity: 1372
Merit: 564



View Profile
October 16, 2016, 01:42:43 PM
 #715

In terms of being a kind of main income? Than it is a no, the ability to earn a substantial amount of bitcoin for you to live daily is non-existent as for the moment yes having a signature campaign has significant value to it but it is not enough for someone to last even 2 weeks of food with it. Not unless the person has other good ways to earn bitcoin than it can definitely help him/her.
Bitcoin can be live daily and the and those who can really earn 1 bitcoin daily is exist and not only by doing signature campaign because you can't really earn much money and in trading yes you can earn descent of money and the value of bitcoin will going up those jobless can help to earn money with bitcoin.s

       ▀█████████████████████
            ▀▀██████
    ▄▄
▀████▄▄  ▀████
  ▄████▄
▀█████▄  ▀███
 ████▀▀
   ▄██████  ▀███
████▀
   ▄████▀████  ████
████  ▄█▄
▀█▀  ████  █████
████▄████▀
   ▄████  ████
 ██████▀
   ▄▄████  ▄███
  ▀█████▄
▀████▀  ▄███
    ▀▀████▄
▀▀  ▄████
            ▄▄██████
       ▄███████████
████████████████████████████████████
.
FUN TOKEN
.
██████████████     ██████████████████████
██████████
 ██████████
  ██████████
   ██████████
    ██████████
     ██████████
      ██████████
     ██████████
    ██████████
   ██████████
  ██████████
 ██████████
██████████
.
FreeBitco.in Adopts FUN Token for
Premium Membership Program
██████████
 ██████████
  ██████████
   ██████████
    ██████████
     ██████████
      ██████████
     ██████████
    ██████████
   ██████████
  ██████████
 ██████████
██████████
.
██████████
 ██████████
  ██████████
   ██████████
    ██████████
     ██████████
      ██████████
     ██████████
    ██████████
   ██████████
  ██████████
 ██████████
██████████

          ▄
      ▀▄  ▀  ▄▀
 ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
█████████████████████
██  ▄▄▀█  ██ █  ██ ██
██  ▄▄▀█  ██ ██▄ ▄███
██  ▀▀▄█▄ ▀▀▄███ ████
█████████████ ▄▄▄ ▀▀█
 ▀▀▀▀▀▀▀▀▀▀▀▀ ▐████▄▄
      ▄▀  ▄    █████▄
          ▀     ▀ ▀███
                    ▀
.
41M Users to Buy and Hold
FUN for Premium Benefits
.
.Learn More.
equator
Legendary
*
Offline Offline

Activity: 1190
Merit: 1002


View Profile
October 16, 2016, 01:45:58 PM
 #716

I will say yes as the bitcoin value is going up and their are so many signature campaign running in this forum which is good so that most of them can join and earn, apart from that you can earn through doing skill work for bitcoins, join new altcoin giveaways and do some trading . like this you can earn a lot and the fiat conversion of bitcoin to this poor country is very high which can give enough income for 1 week that they can run their family.

I am earning and running my family by doing this all jobs.
JumperX
Hero Member
*****
Offline Offline

Activity: 672
Merit: 503



View Profile
October 16, 2016, 01:46:42 PM
 #717

In terms of being a kind of main income? Than it is a no, the ability to earn a substantial amount of bitcoin for you to live daily is non-existent as for the moment yes having a signature campaign has significant value to it but it is not enough for someone to last even 2 weeks of food with it. Not unless the person has other good ways to earn bitcoin than it can definitely help him/her.
Bitcoin can be live daily and the and those who can really earn 1 bitcoin daily is exist and not only by doing signature campaign because you can't really earn much money and in trading yes you can earn descent of money and the value of bitcoin will going up those jobless can help to earn money with bitcoin.s

Are you saying to earn 1 btc on daily basis? Well that is impossible for most of us to earn that huge amount daily but one who can manage to earn 1 btc monthly in poor countries can expect a good living with it.
crockoo
Sr. Member
****
Offline Offline

Activity: 262
Merit: 250



View Profile
October 16, 2016, 07:34:13 PM
 #718

In terms of being a kind of main income? Than it is a no, the ability to earn a substantial amount of bitcoin for you to live daily is non-existent as for the moment yes having a signature campaign has significant value to it but it is not enough for someone to last even 2 weeks of food with it. Not unless the person has other good ways to earn bitcoin than it can definitely help him/her.
Bitcoin can be live daily and the and those who can really earn 1 bitcoin daily is exist and not only by doing signature campaign because you can't really earn much money and in trading yes you can earn descent of money and the value of bitcoin will going up those jobless can help to earn money with bitcoin.s

Are you saying to earn 1 btc on daily basis? Well that is impossible for most of us to earn that huge amount daily but one who can manage to earn 1 btc monthly in poor countries can expect a good living with it.
I do not believe that donations to the poor will reach the addressee. I have often convinced that this case some bad people are just cashing in.
BeGoods
Legendary
*
Offline Offline

Activity: 1372
Merit: 1008



View Profile
October 16, 2016, 11:48:05 PM
 #719

I think bitcoin can help poor countries indirectly through offering investment options as well as a cheap method to transport money globally even when conducting worldwide transactions. it can also offer few earning options for the residents of poor countries.

yeah that is good bitcoin is a way of cheap money transaction and it provide a god discount on purse.io so the poor people can adopt it and can get benefit with this coin in their life.
I think bitcoin will help a poor country when bitcoin could help the economy of the country? With what ? certainly by advancing the business of the public or to give jobs to people who do not have jobs, so that they will be earning and bitcoin could do that?
richardsNY
Legendary
*
Offline Offline

Activity: 1232
Merit: 1091


View Profile
October 16, 2016, 11:52:13 PM
 #720

In terms of being a kind of main income? Than it is a no, the ability to earn a substantial amount of bitcoin for you to live daily is non-existent as for the moment yes having a signature campaign has significant value to it but it is not enough for someone to last even 2 weeks of food with it. Not unless the person has other good ways to earn bitcoin than it can definitely help him/her.
Bitcoin can be live daily and the and those who can really earn 1 bitcoin daily is exist and not only by doing signature campaign because you can't really earn much money and in trading yes you can earn descent of money and the value of bitcoin will going up those jobless can help to earn money with bitcoin.s

Are you saying to earn 1 btc on daily basis? Well that is impossible for most of us to earn that huge amount daily but one who can manage to earn 1 btc monthly in poor countries can expect a good living with it.
I do not believe that donations to the poor will reach the addressee. I have often convinced that this case some bad people are just cashing in.

Donating money/Bitcoin to poor people is never a good idea since it only helps them for a very short time. After that their money is gone and they need it again, then what? Will you constantly keep giving these people money? I don't think so.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 [36] 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!