Can Bitcoin help poor countries?

[salemon]

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?!

It is clear that in a poor country people should have the basic things of life and above all normal diet. That's just not all people want to work in order to have this piece of bread on the table.

[Tyrantt]

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?!

Yes but bitcoin can't be hit with an inflation like their fiat currency, so some of those people have access to the internet and can help out other people to spread the amounts of bitcoin to all so they can use it overtime and trade bitcoin for their local currency or smthn like that.

[mirakal]

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?!

Yes but bitcoin can't be hit with an inflation like their fiat currency, so some of those people have access to the internet and can help out other people to spread the amounts of bitcoin to all so they can use it overtime and trade bitcoin for their local currency or smthn like that.

Definitely that is why it is a good investment if you will just have an open mind, I know it is a bit risky but with the big possible reward you can calculate the risk and trust your money with bitcoin. As a currency on the other hand, it gives us freedom and poor countries will be help for remittance side.

[agamasrori]

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?!

It is clear that in a poor country people should have the basic things of life and above all normal diet. That's just not all people want to work in order to have this piece of bread on the table.

People in poor can get additional resources in bitcoin so they can fulfil their daily need. Bitcoin invesment is do not need a big financial capital to join in. So every body can join investment in bitcoin.

[farl2web]

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?!

It is clear that in a poor country people should have the basic things of life and above all normal diet. That's just not all people want to work in order to have this piece of bread on the table.

People in poor can get additional resources in bitcoin so they can fulfil their daily need. Bitcoin invesment is do not need a big financial capital to join in. So every body can join investment in bitcoin.

I'm convinced that many people live at the expense of aid to other countries, and there are people who have found a way, and thanks to this help get excess profits and fill their pockets. If bitcoin users will do it without control, the benefits of this will receive a limited number of people.

[betohell]

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?!

It is clear that in a poor country people should have the basic things of life and above all normal diet. That's just not all people want to work in order to have this piece of bread on the table.

I think everyone has one thing that should be able to eat and be rich is money,
I think with the country's bitcoin people can earn money and help the country bitcoin

[Rastaman2016]

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?!

It is clear that in a poor country people should have the basic things of life and above all normal diet. That's just not all people want to work in order to have this piece of bread on the table.

I think everyone has one thing that should be able to eat and be rich is money,
I think with the country's bitcoin people can earn money and help the country bitcoin

It needs all the same, and different opportunities. But in order to receive the aid, the state must agree with bitcoin policy, or even legalize it and get access to the control by any means. But this is impossible.

[btvGainer]

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?!

It is clear that in a poor country people should have the basic things of life and above all normal diet. That's just not all people want to work in order to have this piece of bread on the table.

Yes that is right.Good health of citizens is also necessary for economic health of a nation.Bitcoin may make one or two individuals rich but to strengthen overall economy of country requires various things

[Juggy777]

Really tricky question. There are many many problems Bitcoin cannot be the solution to all. Yes it is can reduce corruption to some extent. But not fully. The profit may help them. But to what extent is again difficult.

[SidaroffVany]

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?!

It is clear that in a poor country people should have the basic things of life and above all normal diet. That's just not all people want to work in order to have this piece of bread on the table.

Yes that is right.Good health of citizens is also necessary for economic health of a nation.Bitcoin may make one or two individuals rich but to strengthen overall economy of country requires various things

Bitcoin is a very different task and other processes to solve them. And the economies of a similar formula for the activity. And so began a collaboration, you need a lot of time and adaptation mechanisms.

[1Referee]

Really tricky question. There are many many problems Bitcoin cannot be the solution to all. Yes it is can reduce corruption to some extent. But not fully. The profit may help them. But to what extent is again difficult.

Corruption that comes from within the governments in these so called poor countries, have been corrupt for decades (if not longer). I don't see how Bitcoin can make even a slight reduction into that. Especially when you consider the fact that these governments will do everything to keep Bitcoin outside their system.

Making profits with Bitcoin through whatever way is just a relative assumption since it will be on an individual basis, and not on country level. This is what people don't seem to understand as I see them write all kinds of nonsense such as "poor people can join signature campaigns" "poor people can invest in Bitcoin" bla bla bla.

[danherbias07]

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?!

It is clear that in a poor country people should have the basic things of life and above all normal diet. That's just not all people want to work in order to have this piece of bread on the table.

Yes that is right.Good health of citizens is also necessary for economic health of a nation.Bitcoin may make one or two individuals rich but to strengthen overall economy of country requires various things

Bitcoin is a very different task and other processes to solve them. And the economies of a similar formula for the activity. And so began a collaboration, you need a lot of time and adaptation mechanisms.

It takes the government to cooperate also to say that it really helped one country. It could be a contradiction to what the government wants if it is decided in a rush. There would be a lot of meetings to talk about this and some law that would need to be passed.

[U2]

Yes bitcoin can help poor countries that don't have the infrastructure like a rich country would. lots of people in 3rd world countries use a cell phone because there was never an option for anything else. If they also don't have stable banks they now don't need one! It's a win-win situation.

[sempak]

can certainly help. because with the bitcoin then a country will get an ease in the economy and financial transactions. it will make all its people become more prosperous.

[mrsalve]

In poor country's only middle class and wealthy people have access to computers mostly. So... not really.

[Capradina]

can certainly help. because with the bitcoin then a country will get an ease in the economy and financial transactions. it will make all its people become more prosperous.

It also depends on the technology that exists in the country,. If indeed in the country there are already adequate technology tools then I'm sure bitcoin will help them all and can finally build a population better than before to know the bitcoin. But if the technology is not yet adequate in that country then we must help them to make the technology they can use to get and get to know more deeply the bitcoin on bitcoin, without it all then I'm not sure a bitcoin can help them

[croutonhexagon]

Yes definitely because bitcoin helps to earn money for free and earning money for free will yield real money. And earning money will rise country's economy. But most poor country thinks that developed country had launched this cryptocurrency to launder money from them do most poor country had banned bitcoin but they don't know its potential.

[markyminer]

In poor country's only middle class and wealthy people have access to computers mostly. So... not really.

yes that is really a big problem for poor countries that most of the people in poor countries have no access to computer and internet, therefore bitcoin may not be so much helpful for poor countries.

[choppork]

I guess so. Bitcoin is accessible by anyone, even poor people. Internet is the only thing you need and I think even poor people can afford to rent a computer. What you'll earn in bitcoins when you rent a computer is much more than the rent. It is clear that people who says that they can't do bitcoins because they are 'poor' are only using that as an excuse. They are basically just lazy and have no trust in themselves.

[BitHodler]

I guess so. Bitcoin is accessible by anyone, even poor people. Internet is the only thing you need and I think even poor people can afford to rent a computer. What you'll earn in bitcoins when you rent a computer is much more than the rent. It is clear that people who says that they can't do bitcoins because they are 'poor' are only using that as an excuse. They are basically just lazy and have no trust in themselves.

They way you seem to think about renting a computer in order to make people earn money is quite weird actually.

It's an internet connection that you need, plus a computer or other device that is able to do the same, plus a certain amount of understanding regarding Bitcoin.

Both internet and a computer require you to have money, and the poor people that do have some money, already struggle to feed themselves with that amount.

So how would you expect them to put that money into something other than food? Food is the most important thing for them, everything else is not important.

Just out of interest, let's say some people are able to do exactly that what you say. Other than signature campaigns, what will be their way of earning money with Bitcoin when they have zero skills?