Can Bitcoin help poor countries?

[Vuizel]

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.

[Darwintas]

That must be true. When our governments will be thinking about regulations on bitcoin, bitcoin would have been developed as a most adopted payment system, probably everything will be available for bitcoin payments. When we are able to spend bitcoin directly for our life's needs, the never need to worry about any regulations.

[Victorycoin]

Not really. The problem with Bitcoin and poverty is that Bitcoin is (by design) aimed for people that have an established technological system in place. You need some sort of device for Bitcoin to even exist, so in a poverty stricken country, it's not going to work.

I quite agree with the point you raised that bitcoin by design is for an enlightened society, but I think people are digressing from the question posed  by the OP which is, "Can Bitcoin help poor countries." The answer is a big Yes, bitcoin and the technology behind it stands a very good chance of bettering the lots of poor countries in many ways and the true picture is not like the people must have to do faucets,signature campaigns,etc but that bitcoin can easily be earned and spent in that society and people enlightened about it.

Bitcoin can break the barrier for making international trade, so that even a peasant farmer can export his crops and import machines with ease, by passing chains of bureaucratic bottlenecks. Secondly, if the authorities collects their revenue through bitcoin, it would save so much cost, which in turn could be invested in infrastructure to improve the standard of living of the people.

[Taksonas]

there are some poor countries where we can see unemployment on extreme level so in those areas if these people try to adopt bitcoin and then try to start trade with their lowest available money then they will be able to earn some good amount of money and will be able to spend life like rich people.

[cengsuwuei]

with bitcoin i can incraese my income
so anothe people , he can, but if countries can help so must regulated
and learn all people some country use bitcoin

[Chronobank]

Only Bitcoin will not help any poor country. "The bright minds" usually are leaving learn and to work in other, more advanced countries. How poor countries could use the blockchain technology if they have no young and talented people, but they have the outdated bureaucratic system.

[bitcoinmasterlord]

Only Bitcoin will not help any poor country. "The bright minds" usually are leaving learn and to work in other, more advanced countries. How poor countries could use the blockchain technology if they have no young and talented people, but they have the outdated bureaucratic system.

Developing countries also need just a computer and internet connection to earn bitcoins online, and they no need to have any technology to use them because people can exchange that bitcoin in any other country and get their money in some other ways but just need to pay some fee. If people know how to earn bitcoins online then it will help them a lot in those poor countries because of its high price as of now.

[BitcoinPC]

Bitcoins cant help poor coutnrys because they are not even able to buy a bitcoin by them self so how is the bitcoin going to be help ful to the poor countrys i dont think this is the right thing to help.

No, you should change your thinking, because if you think positive than you will receive positive response, I explain you how can bitcoin helpful for poor not country but poor peoples, You know you are doing work in signature campaign and earn from it, also we can do altcoin trading and investment, these all are earning ways, and everyone can do it and earn from bitcoins at home. It is like a source of income, not in a high level but it is and we should accept it.

Poor people earning some money through signature campaigns is something that I can understand and agree with, but how do you expect people to invest money that they don't have? Every dollar that they earn will go directly to their first life essentials. There will be no room for invesments as there simply isn't any money for. What's your repsonse to that?

Youre abaolutely right about that, ill tell you that. Im earning some btc too, altho im not poor myself i still dont invest bitcoin that I earn just for thebreason that i could realy use that money to help me out and pay bills for example.

Can you tell us that bitcoin don't help you? I believe it, you will say that bitcoin really help us, if we are poor or we are not. But bitcoin still help us, if not than we are not here. But the helping way is different, someone earn more and someone earn less but you will never see a single man who said that i can't earn from bitcoin.

[Capradina]

Bitcoins cant help poor coutnrys because they are not even able to buy a bitcoin by them self so how is the bitcoin going to be help ful to the poor countrys i dont think this is the right thing to help.

No, you should change your thinking, because if you think positive than you will receive positive response, I explain you how can bitcoin helpful for poor not country but poor peoples, You know you are doing work in signature campaign and earn from it, also we can do altcoin trading and investment, these all are earning ways, and everyone can do it and earn from bitcoins at home. It is like a source of income, not in a high level but it is and we should accept it.

Poor people earning some money through signature campaigns is something that I can understand and agree with, but how do you expect people to invest money that they don't have? Every dollar that they earn will go directly to their first life essentials. There will be no room for invesments as there simply isn't any money for. What's your repsonse to that?

Youre abaolutely right about that, ill tell you that. Im earning some btc too, altho im not poor myself i still dont invest bitcoin that I earn just for thebreason that i could realy use that money to help me out and pay bills for example.

Can you tell us bitcoin don't help you? I believe you will never say that bitcoin really help us, if we are poor or we are not. But bitcoin still help us, if not than we are not here. But the helping way is different, someone earn more and someone earn less but you will never see a single man who said that i can't earn from bitcoin.

Agree with you. Because if we are willing to work hard and know well about the bitcoin then I am sure that we will be helped by the presence of the bitcoin. Only those who do not believe about the hard work that will say that bitcoin will never help them. Bitcoin will definitely help us but in a category or on the side of the economy rather than the other side. so it's something extraordinary things if we use it properly

[mirakal]

Bitcoins cant help poor coutnrys because they are not even able to buy a bitcoin by them self so how is the bitcoin going to be help ful to the poor countrys i dont think this is the right thing to help.

No, you should change your thinking, because if you think positive than you will receive positive response, I explain you how can bitcoin helpful for poor not country but poor peoples, You know you are doing work in signature campaign and earn from it, also we can do altcoin trading and investment, these all are earning ways, and everyone can do it and earn from bitcoins at home. It is like a source of income, not in a high level but it is and we should accept it.

Poor people earning some money through signature campaigns is something that I can understand and agree with, but how do you expect people to invest money that they don't have? Every dollar that they earn will go directly to their first life essentials. There will be no room for invesments as there simply isn't any money for. What's your repsonse to that?

Youre abaolutely right about that, ill tell you that. Im earning some btc too, altho im not poor myself i still dont invest bitcoin that I earn just for thebreason that i could realy use that money to help me out and pay bills for example.

Can you tell us bitcoin don't help you? I believe you will never say that bitcoin really help us, if we are poor or we are not. But bitcoin still help us, if not than we are not here. But the helping way is different, someone earn more and someone earn less but you will never see a single man who said that i can't earn from bitcoin.

Agree with you. Because if we are willing to work hard and know well about the bitcoin then I am sure that we will be helped by the presence of the bitcoin. Only those who do not believe about the hard work that will say that bitcoin will never help them. Bitcoin will definitely help us but in a category or on the side of the economy rather than the other side. so it's something extraordinary things if we use it properly

The word work hard is something that is not permanent in bitcoin world and maybe now there are more offers since bitcoin is still young but the moment the price will be stable and traders will lose interest maybe we cannot work anymore and the only benefits of using bitcoin is for online transaction only.

[lOvE mE forEvEr]

I'm from a poor country and Bitcoin helps me, does that count? Other alt coins help me too, and my family.
Bitcoin is money and money is almighty.

[subham1]

I'm from a poor country and Bitcoin helps me, does that count? Other alt coins help me too, and my family.
Bitcoin is money and money is almighty.

I dont know how bitcoin helps you,but yes bitcoin can certainly help many indiviaduals,providing cheap and quick online transactions or even providing some earning oportunities online as well.

[socks435]

I'm from a poor country and Bitcoin helps me, does that count? Other alt coins help me too, and my family.
Bitcoin is money and money is almighty.

I think it helps only to you but according to the title i think almost all people are in country are needed to help from bitcoin..
There is other way to help poor countries if they can build a mining bitcoin farm just like in china it can help every poor people in your country.. to get some benefits of the miners after that they can increase their mining farm just to use their profit from mining and buy another miner that can help poor countries to be rich..

[batang_bitcoin]

I'm from a poor country and Bitcoin helps me, does that count? Other alt coins help me too, and my family.

Well good thing that a person from country commented here and testifying that he is able to get helped by bitcoin and as well as his family. May we know from where specific country do you live? So that we will know if that is really a poor county.

Bitcoin is money and money is almighty.

Yes, bitcoin is money and we need money but money is not almighty none other than but only God. Because if you will going to treat money just like that, you will get become greedy.

[stadus]

I'm from a poor country and Bitcoin helps me, does that count? Other alt coins help me too, and my family.
Bitcoin is money and money is almighty.

I dont know how bitcoin helps you,but yes bitcoin can certainly help many indiviaduals,providing cheap and quick online transactions or even providing some earning oportunities online as well.

In general it should be an online transaction convenience because it is safe and cheap using it, we cannot deny the fact that we are enjoying using our bitcoins in different online transaction and even in gambling and investing we can easy do it just a matter of minutes and while we are enjoying here bitcoin have also benefits for the poor countries which the worldwide remittance.

[Harlot]

I'm from a poor country and Bitcoin helps me, does that count? Other alt coins help me too, and my family.
Bitcoin is money and money is almighty.

I dont know how bitcoin helps you,but yes bitcoin can certainly help many indiviaduals,providing cheap and quick online transactions or even providing some earning oportunities online as well.

In general it should be an online transaction convenience because it is safe and cheap using it, we cannot deny the fact that we are enjoying using our bitcoins in different online transaction and even in gambling and investing we can easy do it just a matter of minutes and while we are enjoying here bitcoin have also benefits for the poor countries which the worldwide remittance.

But how much bitcoin do you actually earn? I am curious because it is enough for you to even help your family, and is it your main income? Because you said that bitcoin is money are you referring to that it is your only source of income?  Hopefully you can share to us how you earn bitcoin for a living it could greatly help us other members here in bitcointalk.

[JITENDERPAR3]

I'm from a poor country and Bitcoin helps me, does that count? Other alt coins help me too, and my family.
Bitcoin is money and money is almighty.

I dont know how bitcoin helps you,but yes bitcoin can certainly help many indiviaduals,providing cheap and quick online transactions or even providing some earning oportunities online as well.

In general it should be an online transaction convenience because it is safe and cheap using it, we cannot deny the fact that we are enjoying using our bitcoins in different online transaction and even in gambling and investing we can easy do it just a matter of minutes and while we are enjoying here bitcoin have also benefits for the poor countries which the worldwide remittance.

But how much bitcoin do you actually earn? I am curious because it is enough for you to even help your family, and is it your main income? Because you said that bitcoin is money are you referring to that it is your only source of income?  Hopefully you can share to us how you earn bitcoin for a living it could greatly help us other members here in bitcointalk.

well , the bitcoin can't help the poor countries but will hel to the poor person because here i found mny person's reply they are saying they are poor but bitcoin help him individually .
so bitcoin can help everyone but individually .

[Doms]

If the poor countries can have the infrastructure to help the people have access to the internet for free, then bitcoin can surely help them one way or another. It is not only about earning it but having the power of being untied with the government or a banking institution to do their transactions. But it is still up to the individual, be him rich or poor or middle class on how he can benefit from such a technology like bitcoin.

[chineseprancing]

If the poor countries can have the infrastructure to help the people have access to the internet for free, then bitcoin can surely help them one way or another. It is not only about earning it but having the power of being untied with the government or a banking institution to do their transactions. But it is still up to the individual, be him rich or poor or middle class on how he can benefit from such a technology like bitcoin.

Not only the internet connection is their problem if those poor people can not afford to buy gadgets to access bitcoin i think bitcoin can not help them and mostly of the poor people are prefer to buy foods than gadgets.

[Zadicar]

If the poor countries can have the infrastructure to help the people have access to the internet for free, then bitcoin can surely help them one way or another. It is not only about earning it but having the power of being untied with the government or a banking institution to do their transactions. But it is still up to the individual, be him rich or poor or middle class on how he can benefit from such a technology like bitcoin.

Government  would  surely need  huge   funds with that  in terms  of  building infrastructure   regarding  that they could able  to engage to bitcoin  but as  we all know  on  poor countries  government would  really  prioritize  first the needs  like  food,shelter and  other  means  compare  on building  on those   tech stuffs  just to let them  involve  to bitcoin. THats what  make it hard.