Can Bitcoin help poor countries?

[prabowo96]

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.

He's talking about the government start to mine, not the people...
And well, if some people don't have eletricity, how can a government invest a lot of money to mine?

[CoinsRoyal]

Yes I can say that with confidence the bitcoin is gonna do this, I think the first country it will help is Brazil because they already have a lot of accepted stored right now.

[DavidoAlto]

Yes I can say that with confidence the bitcoin is gonna do this, I think the first country it will help is Brazil because they already have a lot of accepted stored right now.

There is indeed a chance it will change a lot of poor countries in a better place by boosting their economy with the bitcoin.
Brazil is going to the right direction so I also agree about that.

[mirakal]

Yes I can say that with confidence the bitcoin is gonna do this, I think the first country it will help is Brazil because they already have a lot of accepted stored right now.

There is indeed a chance it will change a lot of poor countries in a better place by boosting their economy with the bitcoin.
Brazil is going to the right direction so I also agree about that.

That is a good example and most countries should follow on that, with bitcoin transaction is fast and cheap and it would be a great help for a country that instead of making the rich more richer, we will be the only one who can get the benefits of our own expenses, the good thing is we can invest as well.

[Leonard2016]

Yes I can say that with confidence the bitcoin is gonna do this, I think the first country it will help is Brazil because they already have a lot of accepted stored right now.

There is indeed a chance it will change a lot of poor countries in a better place by boosting their economy with the bitcoin.
Brazil is going to the right direction so I also agree about that.

well this is something that is never going to happen since changing the economy of the whole country and integrating it with bitcoin is a hard task and it can never happen  because of the government  of that country that is not letting the power slide out of their hands

[Caladonian]

Yes I can say that with confidence the bitcoin is gonna do this, I think the first country it will help is Brazil because they already have a lot of accepted stored right now.

There is indeed a chance it will change a lot of poor countries in a better place by boosting their economy with the bitcoin.
Brazil is going to the right direction so I also agree about that.

That is a good example and most countries should follow on that, with bitcoin transaction is fast and cheap and it would be a great help for a country that instead of making the rich more richer, we will be the only one who can get the benefits of our own expenses, the good thing is we can invest as well.

the problem i government won't allow their people to be liberated they wont allow people to use this system because they wont able to control and they can't do corruption if people in their country start to learn about this transaction process im just hoping that with the coming generation leaders that will go to office will be open minded like us.

[Harlot]

Yes I can say that with confidence the bitcoin is gonna do this, I think the first country it will help is Brazil because they already have a lot of accepted stored right now.

There is indeed a chance it will change a lot of poor countries in a better place by boosting their economy with the bitcoin.
Brazil is going to the right direction so I also agree about that.

That is a good example and most countries should follow on that, with bitcoin transaction is fast and cheap and it would be a great help for a country that instead of making the rich more richer, we will be the only one who can get the benefits of our own expenses, the good thing is we can invest as well.

the problem i government won't allow their people to be liberated they wont allow people to use this system because they wont able to control and they can't do corruption if people in their country start to learn about this transaction process im just hoping that with the coming generation leaders that will go to office will be open minded like us.

I don't get the point of local stores accepting bitcoin and helping poor countries. You are missing the most important thing does the people you are referring to have bitcoin to spend them to local stores? Of course not all of them have the favor as the favor of bitcoins are for the stores who accept it. Also in order for it to help poor people in general they must be able to find a sustainable and generous way to earn bitcoin . In that case I will now see that Bitcoin has help poor countries.

[ArdiPrabowo]

Yes I can say that with confidence the bitcoin is gonna do this, I think the first country it will help is Brazil because they already have a lot of accepted stored right now.

i think is only understand about bitcoin
and only all people use bitcoin can inraese income and help poor
not all people use bitcoin, is can help country, is brazil must regulated about bitcoin
and knowledge all people in brazil about bitcoin and use bitcoin

[thisappointed]

Maybe in a way yes, bitcoin can help those poor countries by adopting bitcoin as their source of income and so on. Bitcoin can not help poor countries like it is going to change it into a rich country in an instant, of course the people on that certain country must distribute also to help their country to become a better one and not suffer poverty anymore. It is a must also that someone would lead them to overcome this kind of situation step by step. They need a good leader that would only think about their mother country and all the people that are living their.

[iv4n]

Yes I can say that with confidence the bitcoin is gonna do this, I think the first country it will help is Brazil because they already have a lot of accepted stored right now.

Do you think their problem is money, and that is very simple to help poor countries? Think again, their problem is water, food, hygiene, they can't buy thing's even if they have money. Their problem is in corrupted governments and foreign mercenaries thst steal everything that come in country and they don't invest in infrastructure, they use donations for their own pleasure.
The rooth of their problem is much deeper then you think, I doubt that bitcoin can help them.

[eddyubachs]

Yes I can say that with confidence the bitcoin is gonna do this, I think the first country it will help is Brazil because they already have a lot of accepted stored right now.

There is indeed a chance it will change a lot of poor countries in a better place by boosting their economy with the bitcoin.
Brazil is going to the right direction so I also agree about that.

That is a good example and most countries should follow on that, with bitcoin transaction is fast and cheap and it would be a great help for a country that instead of making the rich more richer, we will be the only one who can get the benefits of our own expenses, the good thing is we can invest as well.

the problem i government won't allow their people to be liberated they wont allow people to use this system because they wont able to control and they can't do corruption if people in their country start to learn about this transaction process im just hoping that with the coming generation leaders that will go to office will be open minded like us.

I don't get the point of local stores accepting bitcoin and helping poor countries. You are missing the most important thing does the people you are referring to have bitcoin to spend them to local stores? Of course not all of them have the favor as the favor of bitcoins are for the stores who accept it. Also in order for it to help poor people in general they must be able to find a sustainable and generous way to earn bitcoin . In that case I will now see that Bitcoin has help poor countries.

Yeah and it can help people of  poor countries only if they know how to earn it and that is not happening at a moment as no one is aware about bitcoin yet and they will also need internet to use bitcoins.

[GregH37]

Maybe in a way yes, bitcoin can help those poor countries by adopting bitcoin as their source of income and so on. Bitcoin can not help poor countries like it is going to change it into a rich country in an instant, of course the people on that certain country must distribute also to help their country to become a better one and not suffer poverty anymore. It is a must also that someone would lead them to overcome this kind of situation step by step. They need a good leader that would only think about their mother country and all the people that are living their.

your point is 100% valid... think bitcoin it self can't make a country rich or can't help a country to become rich unless the nation of that country adopt bitcoin as their source of Income and work with them.
I think bitcoin is power full enough and in bitcoin as many people come as many chances for new users increase. so if someone think I can't start my business with bitcoin because there is already lots of businesses working that is not correct.

[prabowo96]

Yes I can say that with confidence the bitcoin is gonna do this, I think the first country it will help is Brazil because they already have a lot of accepted stored right now.

There is indeed a chance it will change a lot of poor countries in a better place by boosting their economy with the bitcoin.
Brazil is going to the right direction so I also agree about that.

Brazil is a BIG country, continental size, if you try to find any place that accept bitcoin there, you will waste your time, because the nearest place can be a 50 miles away, so isn't "a lot" of stores...

[richardsNY]

Yes I can say that with confidence the bitcoin is gonna do this, I think the first country it will help is Brazil because they already have a lot of accepted stored right now.

Stores in Brazil accepting Bitcoin as payment form doesn't mean Bitcoin will help that country forward. Fact is that at this point there is barely any demand for places where you can spend your coins. And it shows as the majority of the people simply aren't interested in spending any their coins. That's something you have to keep in mind.

[TheUltraElite]

Yes I can say that with confidence the bitcoin is gonna do this, I think the first country it will help is Brazil because they already have a lot of accepted stored right now.

How do you think that will help other poor countries? Brazil is one country, but I dont think other poor countries are even bothered about it.
They are happy without any new coin - why? Because fiat can serve all their needs. And that is where the discussion ends.

Necessity is the mother of invention - the poor countries do not need some cyber coin which floats in thin air, they need green hot cash and thats why bitcoin helping poor countries is far from reality.

[martinacar]

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.

[apriloni]

i think that bitcoin is already help to poor people because there is a lot of people are earning big profit from bitcoin so we can says that bitcoin is already help to poor countries .

[Babayega31]

i think that bitcoin is already help to poor people because there is a lot of people are earning big profit from bitcoin so we can says that bitcoin is already help to poor countries .

Well, i cant really say bitcoin exactly cant help poor countries because there are some smart individuals living in poor countries who participated in bitcoin and they earned good by doing well and having best effort to earn coins.
Even though poor countries having poor economy, its not a hindrance to the people living there to learn bitcoin its a great help to them. They can be coached by the person with a kind heart who can mentor them on the broad environment of bitcoin topics.

[betohell]

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

[Milkduds]

We really should be addressing the issue of poor and having internet access, a large segment are not in range to receive internet.
So talking about bitcoin changing their lives is not really being fair to having a honest discussion. Recall reading Zuckerburg discussing internet access and the challenges of getting it to these places and he mentioned that a large segment still would not be interested in it even once its global.
That is a very interesting aspect to the discussion. If they are unwilling to join,how do you make bitcoin a even smaller segment something they are interested in?
You factor in governmental control over the internet and its a wash.