Can Bitcoin help poor countries?

[requester]

Yes definitely because bitcoin provides us opportunity to earn money (I mean real money indirectly) for free. what we all need is a mining system or a smartphone with good internet connection that's it. then its upto the user how he use and what trick he use to earn bitcoin for free. but obviously to earn money he should do something and he should have some talent.

[Daniel91]

Yes definitely because bitcoin provides us opportunity to earn money (I mean real money indirectly) for free. what we all need is a mining system or a smartphone with good internet connection that's it. then its upto the user how he use and what trick he use to earn bitcoin for free. but obviously to earn money he should do something and he should have some talent.

Bitcoin provides opportunity to earn money only to the people with some basic conditions: Internet, computer or smartphone, electricity, money to pay for this devices, they must know how to write or read etc.
In many parts of Africa or Asia people don't meet this basic conditions.
So, in reality, Bitcoin can't help poor countries or poor people?
Many of them are hungry and starving.
So, they first need aid in food and some education.
After that, they need jobs.
Bitcoin is on the end of this list.

[mastica]

Bitcoin itself cant change the economy of one country but can help the people which live into it to get a better life, and crypto world is allowing anybody to earn some extra money, sure may not let you rich, but people which survive with 1 dollar daily will be able to double if not more their income.

[Xenophoto]

Bitcoins can help poor countries if adopted there.
If poor people decide to get paid in bitcoins and suddenly the price gains some weight, then it will be the best decision made by them because this is not just one person, this is a country which is getting paid in bitcoins and the numbers will be big.

Even in big cities, bitcoin isn't used that much. Fiat is still the main currency. Even countries like USA, they mainly use fiat and bitcoin isn't used by everyone. How can you expect a whole country embrace the idea of bitcoin, especially a poor country? Some people in poor countries might not even afford to have an internet connection. It will require all of them to have their own smartphones in order to get paid in their jobs. It's a poor country, not everyone can afford smartphones.

[eternalgloom]

Bitcoins can help poor countries if adopted there.
If poor people decide to get paid in bitcoins and suddenly the price gains some weight, then it will be the best decision made by them because this is not just one person, this is a country which is getting paid in bitcoins and the numbers will be big.

Even in big cities, bitcoin isn't used that much. Fiat is still the main currency. Even countries like USA, they mainly use fiat and bitcoin isn't used by everyone. How can you expect a whole country embrace the idea of bitcoin, especially a poor country? Some people in poor countries might not even afford to have an internet connection. It will require all of them to have their own smartphones in order to get paid in their jobs. It's a poor country, not everyone can afford smartphones.

I think it would be more likely for countries with a really open-minded, tech oriented government to try out Bitcoin as an actual currency.
I'm thinking about Iceland for example, where the Pirate Party has a pretty good chance of winning the elections.

BUT, I don't think even they would be switching any time soon...

[Farma]

Bitcoin itself cant change the economy of one country but can help the people which live into it to get a better life, and crypto world is allowing anybody to earn some extra money, sure may not let you rich, but people which survive with 1 dollar daily will be able to double if not more their income.

I think that bitcoin can help a poor country, however, bitcoin will begin repairing the country through its people. I believe that when a society aware of the potential bitcoin, then they might start looking for bitcoin, and began to develop the potential of bitcoin to be better. when it happens, I think the community will make the country better

[Caladonian]

Bitcoins can help poor countries if adopted there.
If poor people decide to get paid in bitcoins and suddenly the price gains some weight, then it will be the best decision made by them because this is not just one person, this is a country which is getting paid in bitcoins and the numbers will be big.

Even in big cities, bitcoin isn't used that much. Fiat is still the main currency. Even countries like USA, they mainly use fiat and bitcoin isn't used by everyone. How can you expect a whole country embrace the idea of bitcoin, especially a poor country? Some people in poor countries might not even afford to have an internet connection. It will require all of them to have their own smartphones in order to get paid in their jobs. It's a poor country, not everyone can afford smartphones.

thats the point if they can learn about btc possibility to uplift them will follow but since we are talking about poor country
it is harder for them to learn about it because technology wise they cant afford to have a quality one, even they have computers
but limitation with internet knowledge will be another concern.

[carlerha]

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.

but to me very little poor countries will have the facilities to use computers and specially internet, but if they do not have these facilities then they cannot get benefit from it, because with out computer and internet they cannot get benefit from it.

[apriloni]

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.

but to me very little poor countries will have the facilities to use computers and specially internet, but if they do not have these facilities then they cannot get benefit from it, because with out computer and internet they cannot get benefit from it.

Yeah you are right that computer and internet is base of bitcoin because bitcoin is depend on computer and internet and there is a lot of people are using bitcoin and get maximum benefits form bitcoin and without internet bitcoin is unable to use.

[lionheart78]

Bitcoins can help poor countries if adopted there.
If poor people decide to get paid in bitcoins and suddenly the price gains some weight, then it will be the best decision made by them because this is not just one person, this is a country which is getting paid in bitcoins and the numbers will be big.

Even in big cities, bitcoin isn't used that much. Fiat is still the main currency. Even countries like USA, they mainly use fiat and bitcoin isn't used by everyone. How can you expect a whole country embrace the idea of bitcoin, especially a poor country? Some people in poor countries might not even afford to have an internet connection. It will require all of them to have their own smartphones in order to get paid in their jobs. It's a poor country, not everyone can afford smartphones.

thats the point if they can learn about btc possibility to uplift them will follow but since we are talking about poor country
it is harder for them to learn about it because technology wise they cant afford to have a quality one, even they have computers
but limitation with internet knowledge will be another concern.

Who said they can't afford to have updated with technology,  It is just the matter of how the government is willing to take or use the opportunity that is offered by bitcoin technology.  The problem why there is poor country is the corruption.  If government change its ways and centered their effort in developing their people instead of corrupting on what is in their stash, they can have access to bitcoin.  Poor country just need a drive and fund from their government to start benefiting from the profits and earning bitcoin is offering.  And I believe that every country have the capability to acquire the latest technology if they want to.

[PremiumCodeX]

I think it hurts charities, and more people are likely to be scammed since BTC is untraceable and people can pose as a charity

[nikrobi]

Yes, because money helps all countries. But it's not the main problem. If they don't know how to manage the money, the things will continue bad for them. They must know how to spend their money to make it worthful. Bitcoin is helping me, a poor man, so it can help another poors too.

[prabowo96]

Bitcoins can help poor countries if adopted there.
If poor people decide to get paid in bitcoins and suddenly the price gains some weight, then it will be the best decision made by them because this is not just one person, this is a country which is getting paid in bitcoins and the numbers will be big.

Even in big cities, bitcoin isn't used that much. Fiat is still the main currency. Even countries like USA, they mainly use fiat and bitcoin isn't used by everyone. How can you expect a whole country embrace the idea of bitcoin, especially a poor country? Some people in poor countries might not even afford to have an internet connection. It will require all of them to have their own smartphones in order to get paid in their jobs. It's a poor country, not everyone can afford smartphones.

I think it would be more likely for countries with a really open-minded, tech oriented government to try out Bitcoin as an actual currency.
I'm thinking about Iceland for example, where the Pirate Party has a pretty good chance of winning the elections.

BUT, I don't think even they would be switching any time soon...

So, what is the Pirate Party? Some digital movement/government?

Do you think they have a open mind to try something like that?

[stomachgrowls]

Bitcoin cant  help poor countries  literally  because  people  would  really  prioritize  to find  money  to  buy their needs  and  shelter   rather than  putting  up their    interest and time  into bitcoin and we all know that  all people  dont  have  knowledge about  internet so this means they would really have a hard time to study on this.

[Mr. Big]

Bitcoin cant  help poor countries  literally  because  people  would  really  prioritize  to find  money  to  buy their needs  and  shelter   rather than  putting  up their    interest and time  into bitcoin and we all know that  all people  dont  have  knowledge about  internet so this means they would really have a hard time to study on this.

Who knows, people nowadays are not into hunting jobs by walking and asking each establishment if there is a vacant job, instead they are looking at the internet...With few cents you could already browse and search...Learning computer now is not as hard during the early quarter of 90's that you need to enter command for it to function... Take note, even street children/beggars could now afford to browse in the internet cafe with few cents... Nothing's impossible as long as you know how to read and write and do the math... 

[serjent05]

Bitcoin cant  help poor countries  literally  because  people  would  really  prioritize  to find  money  to  buy their needs  and  shelter   rather than  putting  up their    interest and time  into bitcoin and we all know that  all people  dont  have  knowledge about  internet so this means they would really have a hard time to study on this.

Who knows, people nowadays are not into hunting jobs by walking and asking each establishment if there is a vacant job, instead they are looking at the internet...With few cents you could already browse and search...Learning computer now is not as hard during the early quarter of 90's that you need to enter command for it to function... Take note, even street children/beggars could now afford to browse in the internet cafe with few cents... Nothing's impossible as long as you know how to read and write and do the math... 

I agree, learning internet is just a click away.  Your post reminds me on how we access the computer thru big floppy disk lol.  Starting a computer with it and starting with Dos system.  Then if you want to run a program you need to search the exe file first by typing commands  to go to the directory and typing the name of the exe or the name of the batch file.  Those time was just keyboard, cpu and monitor.  mouse was rarely used to run program during those time.  Unlike today that all is done by mouse clicking.

[onyek16M]

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

May be if everyone use bitcoin to their make ends meet,
there happens income increases so there will be equitable distribution of income for the country's prosperity

[triasel]

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

i think no , cause of poor country is the food not abundant and goverment too
so goverment have to repair and help prosperity of its people

[onelove2111]

There are cases when the person trying to help the neighbor carried stocks when everyone at least one coin throwing and collect a fortune. Perhaps in our time it is perhaps only such a principle already working crooks and bitcoin poor country will not help.

[mrkevio]

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

May be if everyone use bitcoin to their make ends meet,
there happens income increases so there will be equitable distribution of income for the country's prosperity

In poor countries, people don't even have what to eat. How would they be able to ever use Bitcoin? They need Internet, electricity, a smartphone and basic computing knowledge to be able to use Bitcoin, and they don't even have a bread to eat in a day. How would we possibly help them?!