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Author Topic: Can Bitcoin help poor countries?  (Read 73676 times)
ronaldo40
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October 20, 2016, 04:05:28 PM
 #801

yes, i think bitcoin can help some poor countries
we can sent it to their delegation and they can exchange it to their countries currency then distribute it to all inhabitant
or they can hold it for future plans

If they are poor countries they need to get the basic amenities first before knowing about bitcoin. That translates to fiat before you can buy food, water, medicine and then get your own computer/smartphone along with internet in order to do bitcoin transactions.

It is not happening anytime soon if the governments dont work on it

I think bitcoin not to help poor countries, because it is not government that controls bitcoin. so the use of bitcoin is personal. I also do not sure the government will provide facilities such as internet and computers. unless the government helps in that regard I think bitcoin could help them.
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October 20, 2016, 04:40:27 PM
 #802

yes, i think bitcoin can help some poor countries
we can sent it to their delegation and they can exchange it to their countries currency then distribute it to all inhabitant
or they can hold it for future plans

If they are poor countries they need to get the basic amenities first before knowing about bitcoin. That translates to fiat before you can buy food, water, medicine and then get your own computer/smartphone along with internet in order to do bitcoin transactions.

It is not happening anytime soon if the governments dont work on it

I think bitcoin not to help poor countries, because it is not government that controls bitcoin. so the use of bitcoin is personal. I also do not sure the government will provide facilities such as internet and computers. unless the government helps in that regard I think bitcoin could help them.
Perhaps venture does not approve the majority of users. I do not see the success of this event.
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October 20, 2016, 06:54:40 PM
 #803

yes, i think bitcoin can help some poor countries
we can sent it to their delegation and they can exchange it to their countries currency then distribute it to all inhabitant
or they can hold it for future plans
why would we send bitcoins? we could also send money as in fiat money. and nobody does that. so why should we do it, just because we use bitcoin? also the number of money/fiat/bitcoin we would neeed to send to make a difference would be huge. to huge i think.
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October 20, 2016, 09:06:58 PM
 #804

 bitcoin could help poor country to become rich because we can make money with bitcoin just by mining. They could make money out of bitcoin.
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October 20, 2016, 09:19:25 PM
 #805

Faucets, data entry, signature campaigns, etc. can definitely help poor people. It's way easier to earn online since the bitcoin came up, no more worries of PayPal limitations or fees.

Maybe the whole country can't get some help through it, but few people of the country, yes, if they have access to the internet, bitcoin can help them.

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October 20, 2016, 09:34:18 PM
 #806

Faucets, data entry, signature campaigns, etc. can definitely help poor people. It's way easier to earn online since the bitcoin came up, no more worries of PayPal limitations or fees.

Maybe the whole country can't get some help through it, but few people of the country, yes, if they have access to the internet, bitcoin can help them.


I don't know, you can earn $5 a day with this jobs, maybe the same thing that another job in poor countries buy you have to spend with a pc/smartphone/eletrecity...

And where do you spend your bitcoins?

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October 20, 2016, 09:49:06 PM
 #807

Yes it can help poor countries without any doubts because it has a great future and it will go to a higher amount without any doubts.
I think that the bitcoin can go to a high amount without any doubts.
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October 20, 2016, 09:52:55 PM
 #808

Yes it can help poor countries without any doubts because it has a great future and it will go to a higher amount without any doubts.
I think that the bitcoin can go to a high amount without any doubts.

Hmf? I think yeah it may help in some ways. But in my opinion, it will benefit only the large businesses as the small ones do not use automated paying mode in their business. But, if we are going to talk in general. Yes indeed, in fact if the large companies started accepting bitcoin as their mode o payment. I think it will boost the popularity and the price of bitcoin and will benefit both the bitcoin community and those companies which holds bitcoins. In this scenario, it will lead to the growth of the economy also.
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October 20, 2016, 09:53:52 PM
 #809

Yes it can help poor countries without any doubts because it has a great future and it will go to a higher amount without any doubts.
I think that the bitcoin can go to a high amount without any doubts.

Even if price goes higher can you tell us how it can help poor countries where people lack knowledge and don't have any access to internet and how can you expect that they will star using it, 'without any doubts'?  Shocked
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October 20, 2016, 10:26:22 PM
 #810

bitcoin could help poor country to become rich because we can make money with bitcoin just by mining. They could make money out of bitcoin.

With mining seriously? They can't even have something to eat and you want them to get engage with mining. They must be helped first for having facilities like computers and internet. So when they have already the facilities they could start to work with bitcoin but I don't think someone will mine because electricity in poor countries are very vulnerable.
I do understand the point, if you go to those poor countries with some money you can build your mining process and take and maybe be able to roi in the short time, but we must know that to enter into others countries we will need some companie or person to be under or represent us, and security is always a problem.
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October 20, 2016, 10:27:05 PM
 #811

Yes it can help poor countries without any doubts because it has a great future and it will go to a higher amount without any doubts.
I think that the bitcoin can go to a high amount without any doubts.

Even if price goes higher can you tell us how it can help poor countries where people lack knowledge and don't have any access to internet and how can you expect that they will star using it, 'without any doubts'?  Shocked

bitcoin can help poor countries. but, bitcoin first has to gain more popularity and it also has to become bigger.
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October 20, 2016, 10:32:08 PM
 #812

not help country but can help person inrcraese income
because only person use bitcoin can inrcaese income, and all people in country can't use bitcoin
diference knowledge about technology

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October 20, 2016, 10:47:21 PM
 #813

not help country but can help person inrcraese income
because only person use bitcoin can inrcaese income, and all people in country can't use bitcoin
diference knowledge about technology

That's right and bitcoin is not that popular at a moment that it can help whole country as most of them would not be having any knowledge about the latest technology and its hard to expect from them that they will start working on bitcoins.
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October 20, 2016, 10:57:23 PM
 #814

 if people on those poor countries know how to work for bitcoin, their life maybe change. It's hard to find regular jobs right now and some are even underpaid.
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October 20, 2016, 11:01:54 PM
 #815

Yes it can help poor countries without any doubts because it has a great future and it will go to a higher amount without any doubts.
I think that the bitcoin can go to a high amount without any doubts.

Even if price goes higher can you tell us how it can help poor countries where people lack knowledge and don't have any access to internet and how can you expect that they will star using it, 'without any doubts'?  Shocked

except if we withdraw our bitcoin first into fiat and then we send that fiat to them or we can buy them something to get survive in their countries. i think it would be nice to do this.

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October 20, 2016, 11:02:28 PM
 #816

bitcoin could help poor country to become rich because we can make money with bitcoin just by mining. They could make money out of bitcoin.
I don't really see how mining would help poor countries to make money. They would have to set up the mining farm in a populated area where there is electricity and that would mean the electricity would be quite expensive. They would also need to have a lot of money to start off with because mining is much more profitable when you have a lot of mining equipment. So I don't really think that it can help poor countries.
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October 20, 2016, 11:18:49 PM
 #817

Yes it can help poor countries without any doubts because it has a great future and it will go to a higher amount without any doubts.
I think that the bitcoin can go to a high amount without any doubts.

Even if price goes higher can you tell us how it can help poor countries where people lack knowledge and don't have any access to internet and how can you expect that they will star using it, 'without any doubts'?  Shocked

except if we withdraw our bitcoin first into fiat and then we send that fiat to them or we can buy them something to get survive in their countries. i think it would be nice to do this.
then it's called donating not helping them through cryptocurrencies,if you want to do this,better to donate on some charity organization and they will manage your money to help poor countries,but it's actually not the problem,because we're talking about how bitcoin can help poor countries

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October 20, 2016, 11:23:06 PM
 #818

bitcoin could help poor country to become rich because we can make money with bitcoin just by mining. They could make money out of bitcoin.
I think there are many methods to get bitcoin, I think the key to helping poor countries is to make them run economy, certainly to provide jobs to the people of the country, certainly to provide income to them, it will help the country


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October 20, 2016, 11:30:51 PM
 #819

if people on those poor countries know how to work for bitcoin, their life maybe change. It's hard to find regular jobs right now and some are even underpaid.
yes bitcoin is something that could change towards a better change.
bitcoin gives everyone the opportunity to generate revenue. even all those eligible.
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October 21, 2016, 01:05:27 AM
 #820

bitcoin could help poor country to become rich because we can make money with bitcoin just by mining. They could make money out of bitcoin.

With mining seriously? They can't even have something to eat and you want them to get engage with mining. They must be helped first for having facilities like computers and internet. So when they have already the facilities they could start to work with bitcoin but I don't think someone will mine because electricity in poor countries are very vulnerable.
What the hell is that, let me know the measures of the poor country,dude. I guess the very poor country are always been able just for buying a computer and the internet. that's so pathetic the classes of the country are not able just for buying a little computer and the internet connection and this is just more like jokes for me.

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