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Author Topic: Can Bitcoin help poor countries?  (Read 73849 times)
dEjAvU97
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November 01, 2016, 06:56:25 AM
 #1021

Solutions to help poor countries with bitcoin all countries should cooperate accept bitcoin the most important public use for trade and payments,I believe the country economy will slowly forward and at least reduce slightly poverty in the country could there needs to be a community in a state support for poor countries with bitcoin.
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November 01, 2016, 07:00:25 AM
 #1022

I think it may help mostly because adopting BTC will allow a better economic state and alternative as we see the instable economy and people will have to chance to preserve their money this way,I think that's the biggest benefit of BTC

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November 01, 2016, 08:08:19 AM
 #1023

I think it would be difficult to help poor countries with Bitcoin, because in poor countries have not been many people who have a computer and knowledge of computer and internet connection is possible only in the capital in a few places that provide internet.Dan also Bitcoin is not so available to state miskin.mungkin-states will take a long time to make it happen.
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November 01, 2016, 10:50:37 AM
 #1024

I think maybe it can help.
Because there are some benefit
to the people using bitcoin.
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November 01, 2016, 10:54:16 AM
 #1025

I think it may help mostly because adopting BTC will allow a better economic state and alternative as we see the instable economy and people will have to chance to preserve their money this way,I think that's the biggest benefit of BTC
their instable economy and instability of bitcoin price or you can call it volatility if you like is really deadly if both were happen at the same time,people in poor countries can't afford if they're losing money because the bitcoin price is falling,and bitcoin is a currency which have nothing to do with the economy

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November 01, 2016, 11:00:43 AM
 #1026

I don't think it can help them. Why it would ? I'm sure that the part of the population that has internet and electricity is very small, so we should first work on that points.

Yes it can and yes you are right that the main problem was their tools but if someone can provide them the tools that they need  then i'm pretty sure that they will able to handle things out with a li'l be of training of course.

That is their main problem and it must be helped and solved first before letting them know that bitcoin will help them if they are going to start working with bitcoin. Facilities, education and then everything. But I don't know if they wanted to be helped with bitcoin too, because most of them loves to hunt animals in able to feed themselves.

It is not about what current tools you have but it was all about on how to get those. Like saudi or dubai they are a desert yet they somehow to manage to plant and sustain some plants even if their  habitat is not that capable
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November 01, 2016, 11:03:10 AM
 #1027

I think it may help mostly because adopting BTC will allow a better economic state and alternative as we see the instable economy and people will have to chance to preserve their money this way,I think that's the biggest benefit of BTC
I agree with you. bitcoin could help the economic development of a poor country. there should be plenty of jobs because a person can become an entrepreneur with great ease. bitcoin transaction provides us instantly.
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November 01, 2016, 11:15:56 AM
 #1028

I think right now it is helping the poor country peoples as the conversion rate is very high for fiat currency , so if they even earn monthly 0.5btc if they convert to fiat currency that will be more then what they earn from their daily life work.

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November 01, 2016, 11:38:18 AM
 #1029

I think poor countries can help by bitcoin if the people in poor country have pc or gadget and internet connection, if the people in that poor country can not afford that i think bitcoin can not help them.

This is the sad reality, government will never care about opportunity they can give to those who have no materials or resources intead, they focus on people or community that are already booming.  If only the government will have a livelihood program that is relative to digital currency, Im sure it will help poor countries alot.
Government knows better because they are compose of people who are intelligent enough to decide for its people. Don't worry in the next election if you can vote, cast your votes on candidates that supports the use of crypto currencies..

Well dont expect the government to help crypto in any way or the other. They may do some false promises and never actually do it in reality.

As far as poor countries are concerned, they need to get the proper amenitites of life first before thinking of a PC/Smartphone and internet connection and then think of crypto.
yeah I think the government would not want to help or adopt bitcoin although they can be helped because bitcoin, I think when a poor country they can be assisted to improve their economy, certainly to give jobs to the people of these countries, but it is true what you say that to work and use bitcoin need a computer and internet, I think the poor people will not be able to buy it?
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November 01, 2016, 02:41:40 PM
 #1030

Most poor countries are poor because the government is doing a terrible task in managing resources. With Bitcoin ever citizen can be their own bank and don't need government approval to get things done.
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November 01, 2016, 04:08:45 PM
 #1031

Most poor countries are poor because the government is doing a terrible task in managing resources. With Bitcoin ever citizen can be their own bank and don't need government approval to get things done.
Most government are corrupt that is why they are still staying as poor country.. like here in my country we need more support if there is sponsor that can provide a miner for poor people and our country we will happen to have that so that we can start mining bitcoin and every each poor people can be help..

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November 01, 2016, 04:33:47 PM
 #1032

Most poor countries are poor because the government is doing a terrible task in managing resources. With Bitcoin ever citizen can be their own bank and don't need government approval to get things done.

People get the governments they deserve.
If in a democracy, people elect governments which are inefficient and corrupt, just having bitcoin won't make a difference.
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November 01, 2016, 05:03:42 PM
 #1033

The problem is that politician does have too many power and steal without go jail, when i single person steal a bread to eat they go to jail, politicians looks above the law, but those is changing. Bitcoin may help some people which leave at those to get an extra source of income.
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November 01, 2016, 09:32:48 PM
 #1034

Most poor countries are poor because the government is doing a terrible task in managing resources. With Bitcoin ever citizen can be their own bank and don't need government approval to get things done.

People get the governments they deserve.
If in a democracy, people elect governments which are inefficient and corrupt, just having bitcoin won't make a difference.

That's the truth, it's just a society reflect and it's a snow ball, governments don't invest in education so people don't elect good governors.

I'll "support" democracy when people stop to be stupid. This world is a chaos.

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November 01, 2016, 10:23:17 PM
 #1035

Most poor countries are poor because the government is doing a terrible task in managing resources. With Bitcoin ever citizen can be their own bank and don't need government approval to get things done.
I think people can not fully independent of the government, although he uses bitcoin and that makes them not associated with the government, but I think the country's economy is still there in the hands of the government
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November 01, 2016, 10:27:46 PM
 #1036

Most poor countries are poor because the government is doing a terrible task in managing resources. With Bitcoin ever citizen can be their own bank and don't need government approval to get things done.
I think people can not fully independent of the government, although he uses bitcoin and that makes them not associated with the government, but I think the country's economy is still there in the hands of the government

Governments are a joke, it will be more fair if people to projects by their own, for example an crowdfunding to buy an school, or to make a road or whatever, at least wont have a third part stealing from the people, and people will invest their money where people want... Until this, let's keep buying more guns to make more wars.

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November 01, 2016, 10:28:19 PM
 #1037

I do believe those people which live at poor countries they can improve their life with bitcoin, besides that one thing is sure everyone that does use bitcoin, earning it online may change their life and who knows if they do make a project to help bitcoin and support it.
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November 02, 2016, 12:40:06 AM
 #1038

I do believe those people which live at poor countries they can improve their life with bitcoin, besides that one thing is sure everyone that does use bitcoin, earning it online may change their life and who knows if they do make a project to help bitcoin and support it.

Bitcoin can be a sideline for those who have a full time job, however it can also be a full time if you can earn decent from it like being payed from your skills online, and this way it can help a poor country with lack of opportunities for its people to find job.
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November 02, 2016, 12:52:35 AM
 #1039

I do believe those people which live at poor countries they can improve their life with bitcoin, besides that one thing is sure everyone that does use bitcoin, earning it online may change their life and who knows if they do make a project to help bitcoin and support it.
yes, you're right, maybe it can help poor countries by making people make money doing it online. bitcoin might be a solution for people who are hard to get a job, because bitcoin is very easy to get, but it takes perseverance to be able to produce it

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November 02, 2016, 01:20:37 AM
 #1040

In a way Bitcoin can help poor countries or to be more precise to its' people. Bitcoin can give them new opportunities for earning that can improve their overall income.
But the question is are the people in poor countries familiar enough with Bitcoin, how many of them have even heard of it and do they have access to it?

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