Can Bitcoin help poor countries?

[klopcoin]

 Bitcoin can help poor countries, because it helps actually their people to get some income online easily. I know many friends from poor countries making a living from earning Bitcoin online ,and it's can increase a new job for poor country ,that job can do by following campaign.
 

[mirakal]

Bitcoin can help poor countries, because it helps actually their people to get some income online easily. I know many friends from poor countries making a living from earning Bitcoin online ,and it's can increase a new job for poor country ,that job can do by following campaign.
 

That is not the main reason I guess, only few are making income online because in poor countries only few know about bitcoin and we are talking here in general on how to help the poor countries and helping a little portion of their people is not an act of helping the whole country.

[KingdomHearts]

Bitcoin can help poor countries, because it helps actually their people to get some income online easily. I know many friends from poor countries making a living from earning Bitcoin online ,and it's can increase a new job for poor country ,that job can do by following campaign.
 

yeah there is maximum people are earning a huge profit from bitcoin and they get a big income from bitcoin with easily so we can say that bitcoin already help to poor countries or poor peoples by online tasks and bitcoin trading .

[Ewinsane]

Bitcoin is just a currency and it can be use for shopping and some people use it as investment so we can says that bitcoin helping the poor country and people buy bitcoin with low price and then wait for higher price and when price go up then they sell it with high price .

[MTBTT]

Bitcoin can help poor countries, because it helps actually their people to get some income online easily. I know many friends from poor countries making a living from earning Bitcoin online ,and it's can increase a new job for poor country ,that job can do by following campaign.
 

yeah to help many people in a country to earn an income and job then you have to help the country in the economic field, and bitcoin probably going to make the country to escape poverty

[20kevin20]

Bitcoin is just a currency and it can be use for shopping and some people use it as investment so we can says that bitcoin helping the poor country and people buy bitcoin with low price and then wait for higher price and when price go up then they sell it with high price .

When you're extremely poor buy Bitcoin with all your money and wait for your sum to increase (MAYBE) in a few months.... And expect a crash caused by events like Bitfinex which would make you 2 times more poor than you were before...great idea..

[Bitcotalk]

Bitcoin can help poor countries, because it helps actually their people to get some income online easily. I know many friends from poor countries making a living from earning Bitcoin online ,and it's can increase a new job for poor country ,that job can do by following campaign.
 

But there are some poor countries where even the government is unable to provide internet connection to its citizens that is a big problem for the people for that issue if some bigger companies start to provide a network of internet to that nation in donation then they will be able to learn about bitcoin and will be a help to them from bitcoin.

[carlerha]

Bitcoin is just a currency and it can be use for shopping and some people use it as investment so we can says that bitcoin helping the poor country and people buy bitcoin with low price and then wait for higher price and when price go up then they sell it with high price .

When you're extremely poor buy Bitcoin with all your money and wait for your sum to increase (MAYBE) in a few months.... And expect a crash caused by events like Bitfinex which would make you 2 times more poor than you were before...great idea..

poor people have no money to invest and then wait for the price increase, therefore there are very little chance that they will lose any thing, they can jet get benefit from services, as if they have skill they can earn bitcoin using their skills.

[Caladonian]

Bitcoin is just a currency and it can be use for shopping and some people use it as investment so we can says that bitcoin helping the poor country and people buy bitcoin with low price and then wait for higher price and when price go up then they sell it with high price .

When you're extremely poor buy Bitcoin with all your money and wait for your sum to increase (MAYBE) in a few months.... And expect a crash caused by events like Bitfinex which would make you 2 times more poor than you were before...great idea..

poor people have no money to invest and then wait for the price increase, therefore there are very little chance that they will lose any thing, they can jet get benefit from services, as if they have skill they can earn bitcoin using their skills.

exactly people who came across from third world country will look in any opportunity to gain btc i guess it can be a big help if a good heart
business tycoon will adopt btc as a mode of payment making it directly to any person who's residing in a poor nation so the more earnings
they can get the more money that they can exchange and use to their local stores and get good taxes for their government that's the help
that btc can possibly do make more jobs and create good business.

[TastyChillySauce00]

Bitcoin is just a currency and it can be use for shopping and some people use it as investment so we can says that bitcoin helping the poor country and people buy bitcoin with low price and then wait for higher price and when price go up then they sell it with high price .

unfortunately people in third world country don't have money to buy such thing,even they can't afford for a PC if they was really poor,$700 for a bitcoin just too high for people in 3rd world country,even though they can buy lower amount than a bitcoin but they will only get a small profit

[chineseprancing]

Bitcoin is just a currency and it can be use for shopping and some people use it as investment so we can says that bitcoin helping the poor country and people buy bitcoin with low price and then wait for higher price and when price go up then they sell it with high price .

unfortunately people in third world country don't have money to buy such thing,even they can't afford for a PC if they was really poor,$700 for a bitcoin just too high for people in 3rd world country,even though they can buy lower amount than a bitcoin but they will only get a small profit

Correct country is very hard to get rich, it will starts on the people there bitcoin can help individuals if they afford to buy thing that bitcoin required, and i think all poor people much prefer to buy foods and clothes than to buy gadgets.

[TheUltraElite]

Bitcoin is just a currency and it can be use for shopping and some people use it as investment so we can says that bitcoin helping the poor country and people buy bitcoin with low price and then wait for higher price and when price go up then they sell it with high price .

unfortunately people in third world country don't have money to buy such thing,even they can't afford for a PC if they was really poor,$700 for a bitcoin just too high for people in 3rd world country,even though they can buy lower amount than a bitcoin but they will only get a small profit

Yes for third world country people like me, 700$ is a huge amount in my local currency. Hence collecting bitcoin does add up as a significant side/part-time earning for me. Even if I sell my coins I am at huge profit according to my local currency. Hence for me it is profitable. However in many countries the basic amenities of life are more available in exchange of fiat and bitcoin has never been heard of there.

[Betwrong]

Bitcoin can help poor countries, because it helps actually their people to get some income online easily. I know many friends from poor countries making a living from earning Bitcoin online ,and it's can increase a new job for poor country ,that job can do by following campaign.
 

That is not the main reason I guess, only few are making income online because in poor countries only few know about bitcoin and we are talking here in general on how to help the poor countries and helping a little portion of their people is not an act of helping the whole country.

It's impossible to help to all the people in those countries. I mean if even a small number of people who would be very poor otherwise is felling better because of Bitcoin that is a great achievement.

What is good in using Bitcoin for those people is that the money go straight to them and they are not robbed in the process by the middle men which is almost always the case in poor countries.

[maokoto]

Bitcoin can indeed help some. Even microearnings like faucets and such can provide some in poor countries as life costs are cheaper there. But do not think it helps a big lot though.

[iamTom123]

Personally, I think that it is not really the mission of Bitcoin to specifically help poorer countries or on that regard seems like having a philanthropy leaning. Of course, in some aspects it can influence countries to streamline or to make people realize that they have a good alternative they can use financially. In fact, with the way Bitcoin is rising now I don't hink poor can be interesting in owning a part of Bitcoin but that is just my assumption.

[requester]

Yes obviously bitcoin could help poor country because it could be earned for free and could be made for free, assume that initial investment is taken into consideration. if they could earn free bitcoin then obviously they could sell those bitcoin and get real money in their own currency.

[btvGainer]

Bitcoin can help poor countries, because it helps actually their people to get some income online easily. I know many friends from poor countries making a living from earning Bitcoin online ,and it's can increase a new job for poor country ,that job can do by following campaign.
 

If few individuals start earning online that doesn't improve overall economy of country.Bitcoin alone can not change economy of poor countries.Good health,education etc are also required for the growth of any nation

[onyek16M]

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

If bitcoin or other coin can help people about their income should bitcoin too can help poor countries , if community and goverment use bitcoin

[OrangeII]

I think bitcoin has the potential to improve a country, but many countries do not take that chance because there are some things that make them anxious. especially in excess bitcoin can conduct transactions anonymously. it made illegal transactions become more fluent, and if it occurs in a country, then the country's reputation will be damaged. but if they have a government that is great, it may be in the minimize and make it into a better country

[socks435]

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

If bitcoin or other coin can help people about their income should bitcoin too can help poor countries , if community and goverment use bitcoin

It can help if those poor people can work with bitcoin for some easy task for none educated people..
If there is a task available for bitcoin they can help those poor people but bitcoin mining needs knowledge to monitor it.. so i think if government will start to make mining farm in their country they can share it to poor people. or to help them using bitcoin..