Can Bitcoin help poor countries?

[lol3c]

If you are from poor countries and you use bitcoin it can help you to level up your monthly income.

You need to have a different look on this whole subject as everyone here has their own definition of what's poor and what not. Are you talking about second world countries, or third world countries. In case of the latter, let's assume the following things are the case for a big part of the people living in third world countries.

# No internet.
# No computer.
# Language barrier.
# Zero understanding of tech.
# Old telephone with zero usable functionalities in this regard.
# No time for nonsense as they have to work real hard in order to just feed their family.

How and in what way do you think these people can level up their monthly income? Don't tell me through signature campaigns or faucets and all that stuff. Have the above mentioned things in mind.

I agree with you, bitcoin can help people to earn more income easily but the sad truth is that it's only for those who have some knowledge about bitcoin and new technology or at least about computers and smartphones. So it doesn't mean that bitcoin can help poor countries, I mean how can they earn bitcoin when most of them don't have any idea about bitcoin and moreover, to use bitcoin in real life is hard even for people from developed countries so how can the poor use it in poor countries?

[2girls]

The domination of the dollar into the another kind of fiat currency especially for the fiat type of the development countries already enough for make them feel confused. comparing with the developed country is already using dollar there is too many gaps in their salary and bitcoin are the solution of that. can pushing the the average value of the poor countries.

Well that's true, it could really lift the way of living if you are receiving a dollar compared to receiving a salary in some local currency which are sometimes lower than US dollar... It means you are earning more than average if you are receiving it in dollar value and converting it to local currency... 

Bitcoin prices are not stable, so most people dont like to receive their salary in bitcoins. Also one cant wait to convert bitcoins into dollars to spent it in local stores.

[Doamader]

Sure there are some poor countries without computer neither internet, but as we do need both to earn and use bitcoin i do believe the question is from people that does own both, soo we are focus into those people that has a low salarie but they can join bitcoin world to get a better life.

[bryant.coleman]

Bitcoin prices are not stable, so most people dont like to receive their salary in bitcoins. Also one cant wait to convert bitcoins into dollars to spent it in local stores.

There is no point in receiving your salary in Bitcoin, when you need to convert it to fiat to spend it. There are no super-markets which accept BTC as of now, and there are very few services and utilities which accept the payment in the crypto-currency. Also, we need to pay considerable fees in converting our BTC to fiat.

[stark101]

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

For me, maybe no. Why? Because if we really think, bitcoin needs computer, needs internet then maybe it will not help poor countries because there are many needs in joining bitcoin. But it will change the lifestyle of the users in a way that it will help them earning extra income especially to the people that are unemployed. And one more thing, the price of the bitcoin is not stable then it is very risky.

[ged00u]

I doubt that bitcoin can help poor countries. Since they are under-develop control, there are few advanced technology and system which can easily use bitcoin as a type of currency or payment. If they want to use Bitcoin, their people will have at least a smartphone in order to make transactions p2p. And i also think that most of these government do not accept bitcoin at all. The reason is because they need to find the way to raise their economy, to develop the countries by using FIAT, which is more effective for poor countries

[KaliLinux]

The main thing required to earn bitcoin is internet. If they have this option and they are educated then, the bitcoins would really enrich their lives. All unemployed would be employed with bitcions. They can start up with their career with bitcions by getting into this forum. This would be a source for the poor countries to develop themselves.

[krishna1]

bitcoin can help poor countrys but only as a support mot as a god. its just a kind of money all it can do is increase the marketing and financial activity in the country and if used it worngly then it will increase the negetive effects so ve careful with that

[hulla]

Yes, bitcoin can help poor countries if people there can be train into bitcoin trading and mining with all necessary facilities.

Yeah, exactly, we should accept that bitcoin can help the poor countries not too much but sure. Think about it, now why we are here? because bitcoin give us money and it is online good opportunity to earn money. That's why we are still working with bitcoin and investment in it and also trading help us.

It is going to be a helpful tool to make those poor countries have their very own good source of profit. But the reality is those poor countries doesn't even have something to pay for their food. We can just easily say that bitcoin can be a good help to the poor countries but we need to consider these things.

# No internet.
# No computer.
# Language barrier.
# Zero understanding of tech.
# Old telephone with zero usable functionalities in this regard.
# No time for nonsense as they have to work real hard in order to just feed their family.

Hmm. With what you said it will be hard to help such countries. But in case people really want to help the poor countries, the obstacles are what they need to first up root out, teach them how to mine,trade etc. While they later pay for all the expenses when they start earning.

[Bitcoinsummoner]

The main thing required to earn bitcoin is internet. If they have this option and they are educated then, the bitcoins would really enrich their lives. All unemployed would be employed with bitcions. They can start up with their career with bitcions by getting into this forum. This would be a source for the poor countries to develop themselves.

I think if you educated them what work for them is better to earn bitcoin? since they are just poor people and never touch any new gadgets..
The only think that i know is to have a group to help poor people that can business a bitcoin farm and mined bitcoin so that if this group are making profit in    mining bitcoin they can help poor people in their countries.

[muhcoins]

If you are from poor countries and you use bitcoin it can help you to level up your monthly income.

You need to have a different look on this whole subject as everyone here has their own definition of what's poor and what not. Are you talking about second world countries, or third world countries. In case of the latter, let's assume the following things are the case for a big part of the people living in third world countries.

# No internet.
# No computer.
# Language barrier.
# Zero understanding of tech.
# Old telephone with zero usable functionalities in this regard.
# No time for nonsense as they have to work real hard in order to just feed their family.

How and in what way do you think these people can level up their monthly income? Don't tell me through signature campaigns or faucets and all that stuff. Have the above mentioned things in mind.

you are taking the ultimate level of poverty. And in this case i do agree with you.
but there are places where they have internet and computer but lack of jobs and good payments. in this case bitcoin helps.
i'm not talking about faucets, i'm talking about being paid for remote jobs, or trading (a few people around here doesnt believe in trading but i have a very good income from it).

[Hippiebare]

No most likely it cannot help them because the economy of this poor countries is not changing the bitcoin is decentralized so its pretty logical it won't change anything..

[Doamader]

Well you are very wrong and blind, really, where i live the salary its something like 300 dollars, soo this makes me live into a poor countrie if we do compare this with Europe where there is something like 500 euros, and USA where there is something like 500 dollars i believe, i do have acess to internet and computer with those im able to get an income with bitcoin from signatures as well trading a bit. And for sure the income im getting from bitcoin is helping me a lot.

[Ryan Dugan]

It could by providing a global platform for poorer countries to get paid or trade on. Working online for $ ia much better then slaving in the money shafts or cutting down trees or and other manual or repeatative task. Running a blog would make them more then their current job. Although they will need cheap internet access from an internet cafe. If they can get that then it's good times ahead.

[lEgEndArIUs]

No most likely it cannot help them because the economy of this poor countries is not changing the bitcoin is decentralized so its pretty logical it won't change anything..

We must change the thinking like that, many poor residents want to fix his life, bitcoin must transform into good things. Let's introduce and socialised bitcoin for fixing and helping poor countries

[Ziskinberg]

No most likely it cannot help them because the economy of this poor countries is not changing the bitcoin is decentralized so its pretty logical it won't change anything..

We must change the thinking like that, many poor residents want to fix his life, bitcoin must transform into good things. Let's introduce and socialised bitcoin for fixing and helping poor countries

Regardless how hard we try we cannot convince them to follow what we say that is good for them. They are more concern on their basic needs and bitcoin cannot help them get their basic needs for sure.

Somehow it can help but not fully, and only those intelligent enough to understand bitcoin will be help in the poor countries.

[leonair]

For me, yes, becuase Bitcoin currency serve as a currency of every country in the world. For example there is a task or service to be done that is paying bitcoin, there is no range of payment from where you came or what is your race. So for me Bitcoin do help poor countries just like us.

[clickerz]

For me, yes, becuase Bitcoin currency serve as a currency of every country in the world. For example there is a task or service to be done that is paying bitcoin, there is no range of payment from where you came or what is your race. So for me Bitcoin do help poor countries just like us.

Correct,in bitcoin we became equal whether you came from a not so inditrialzed countries or from  fully industrilaized one. Great opportunity indeed and also you wonder why some ICO's are generating millions of dollars in investment. It can really help poor countries.

[madwica]

For me, yes, becuase Bitcoin currency serve as a currency of every country in the world. For example there is a task or service to be done that is paying bitcoin, there is no range of payment from where you came or what is your race. So for me Bitcoin do help poor countries just like us.

Correct,in bitcoin we became equal whether you came from a not so inditrialzed countries or from  fully industrilaized one. Great opportunity indeed and also you wonder why some ICO's are generating millions of dollars in investment. It can really help poor countries.

Why you both do not consider the requirements of bitcoin, people in poor countries are also poor and more of them can not afford to have things to access bitcoin that is why i do not think that bitcoin can helps poor country since the progress of country start on the people who lives there.

[stadus]

For me, yes, becuase Bitcoin currency serve as a currency of every country in the world. For example there is a task or service to be done that is paying bitcoin, there is no range of payment from where you came or what is your race. So for me Bitcoin do help poor countries just like us.

What's the total population in this world who can work with the service section you are talking, I think you are talking for just few people who can work for bitcoin, and I believe in my own capacity that working is the main benefits that would help a poor country. There must be something special that majority would benefit and not only a few numbers of the total population.