Can Bitcoin help poor countries?

[Jiyens3]

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

i think can , example bitcoin can help my income if bitcoin everyone maybe all person full in their economy so there is not shortcoming and this is positive impact for country

[stadus]

For the country i think it is very hard but individual people it can because not all people in the countries can access bitcoin since poor people can not afford to but gadgets and they will prefer to buy foods to live longer.

Yes that's the main problem for those poor countries they don't even know how to use some gadgets such as computer,laptops and other things with is associated with technology. Because their education system is not even reaching those people who are really in need for many of them are living in depressed area.

There are a lot of poor countries in this word and though you can see there are people who knows how to use electronic device but their interest is not for making money, they are more busy in social media network that would not give them good benefits in the future. In short, this people are not too resourceful in ways to improve and I believe they are the kind of people as well who not open minded.

[Senor.Bla]

For the country i think it is very hard but individual people it can because not all people in the countries can access bitcoin since poor people can not afford to but gadgets and they will prefer to buy foods to live longer.

Yes that's the main problem for those poor countries they don't even know how to use some gadgets such as computer,laptops and other things with is associated with technology. Because their education system is not even reaching those people who are really in need for many of them are living in depressed area.

i do not know how you define poor people or a poor country, but you have some misconceptions about that. you do not need to be educated to use those technical gadgets and you do not need much money to buy them. i think you are thinking of the super extremely poor, but they are just a minority.

[MMA]

For the country i think it is very hard but individual people it can because not all people in the countries can access bitcoin since poor people can not afford to but gadgets and they will prefer to buy foods to live longer.

Yes that's the main problem for those poor countries they don't even know how to use some gadgets such as computer,laptops and other things with is associated with technology. Because their education system is not even reaching those people who are really in need for many of them are living in depressed area.

to me i think in present time there may be not a sing country where the facilities of computer and internet may not be available. i think there may be not a sing country who may not access to bitcoin, to me the only hurdle can be that of education, that really play important role.

[Sithara007]

i do not know how you define poor people or a poor country, but you have some misconceptions about that. you do not need to be educated to use those technical gadgets and you do not need much money to buy them. i think you are thinking of the super extremely poor, but they are just a minority.

You are absolutely spot on. Nowadays, smartphones are available for just $45 or $50 apiece (used smartphones are available for as little as $10). The data packs are also getting very cheap. Those who can't afford these will be a very small minority. IMO, 99% of the world population can afford a smartphone.

[mrcash02]

i do not know how you define poor people or a poor country, but you have some misconceptions about that. you do not need to be educated to use those technical gadgets and you do not need much money to buy them. i think you are thinking of the super extremely poor, but they are just a minority.

You are absolutely spot on. Nowadays, smartphones are available for just $45 or $50 apiece (used smartphones are available for as little as $10). The data packs are also getting very cheap. Those who can't afford these will be a very small minority. IMO, 99% of the world population can afford a smartphone.

But it's not the same thing. You can have a cheap one, but you won't be able to access all the good (and heavy) features of most expensive and elaborated smartphones and any other electronic thing.

I have here a cheap table, and it's very weak and it's just useful for access some light sites on the internet (those without a lot of banners, ads...). Surely, the new times are better than before if we think about technology and accessibility, but the poor countries and people still don't have access to the best featuers of our time.

[Senor.Bla]

i do not know how you define poor people or a poor country, but you have some misconceptions about that. you do not need to be educated to use those technical gadgets and you do not need much money to buy them. i think you are thinking of the super extremely poor, but they are just a minority.

You are absolutely spot on. Nowadays, smartphones are available for just $45 or $50 apiece (used smartphones are available for as little as $10). The data packs are also getting very cheap. Those who can't afford these will be a very small minority. IMO, 99% of the world population can afford a smartphone.

But it's not the same thing. You can have a cheap one, but you won't be able to access all the good (and heavy) features of most expensive and elaborated smartphones and any other electronic thing.

I have here a cheap table, and it's very weak and it's just useful for access some light sites on the internet (those without a lot of banners, ads...). Surely, the new times are better than before if we think about technology and accessibility, but the poor countries and people still don't have access to the best featuers of our time.

that might be the case. i would argue, but this is irrelevant to the question. the smartphones and internet connections are sufficient to use bitcoin. hence the argument that they can not afford the technology is false.

[Tanic]

For the country i think it is very hard but individual people it can because not all people in the countries can access bitcoin since poor people can not afford to but gadgets and they will prefer to buy foods to live longer.

Yes right. we can not tallk about some poor country directly but for some people in that poor country bitcoin can really help and became a normal work. But there are many places in poor countries, villages where there is no internet or gadgets that allow people to make their bitcoins freely.

[Nevis]

For a person bitcoin can surely help him but in a country thats a next level.Bitcoins cannot support a whole country.Bitcoins doesnt have magic to fix an issue in a whole country

[Bestwishes745]

It's a good idea, all people will be easy to send money so that aid to poor countries be receive directly. From the other side of the economy can also be utilized for the mining venture bitcoin.

Honestly it's true, with the support of the government it would be possible to help poor nation but they have to sacrifice the current player in the remittance business. With bitcoin it's cheap and fast so I do not find any reason why this should not be supported.

Don't you think that such system when bitcoin will be kind of legalized for international transfers and has support from the government it may affect on bitcoin as the currency and add some unnecessary taxes to such transactions?

nope when bitcoin legalization would not be possible for the government to give taxes to the bitcoin users. I'm sure there will not be users who will pay the tax.
legalization of the government will be like a dream to me

It will not remain a dream for longer but the governments will not find any other way instead of giving legal status to bitcoin in their law/state. But still for supporting poor countries it is not dependent on any government to legalize it but if the people from the poor countries start to learn the concept and technology of bitcoin and they adopt it then they will be able to earn their living with bitcoin in the same amount which the people from developed countries are earning.

[viziano]

I come from a poor country..
And BTC helps me a lot.

We can't accept PP payments,so imagine now what BTC does for us.

[Senor.Bla]

For the country i think it is very hard but individual people it can because not all people in the countries can access bitcoin since poor people can not afford to but gadgets and they will prefer to buy foods to live longer.

Yes that's the main problem for those poor countries they don't even know how to use some gadgets such as computer,laptops and other things with is associated with technology. Because their education system is not even reaching those people who are really in need for many of them are living in depressed area.

i do not know how you define poor people or a poor country, but you have some misconceptions about that. you do not need to be educated to use those technical gadgets and you do not need much money to buy them. i think you are thinking of the super extremely poor, but they are just a minority.

I'm not having some misconceptions with that, I'm just pointing out the real actions and that's happening for those poor countries. Education is needed to use gadgets because it is now being used by many schools all over the world and what I'm pointing out is those people living in poor countries aren't able to touch gadgets and they need to spend their money just to be able to survive by buying foods also because they are living far from the city, I'm talking about the depressed area, where there is no electricity, no light, no power, no internet.

there are not many places left where people live with no electricity, no light, no power and no internet. and in the most cases they live in such places by there own choice. only the absolute porest of the poor live in such conditions and there are relatively few of them. you would be surprised about the technology poor people are using.

[hulla]

1) Heart - The willingness to learn and do new thing in other to make genuine money cos people can achieve a lot with heart willingness

People in poor countries have other things to worry about as they struggle everyday just to feed themselves. They are stuck to the insanely low paying job which directly consumes around 10-12 hours of their day. It will be difficult for them to find time to learn/educate themselves while they in the same time can earn money barely enough to feed their family.

2) Language - There must be a good translator for good means of communication. Besides, not all the people on this forum can speak English and that why we have different language thread to help people.

Google translator is the most common and easiest form of translating for people. Exactly that is also a problem since you can easily spot people that are making use of it. It mostly ends up in posts that don't make sense, where after that they get deleted by a moderator.

3) Tools - This is where the act of voluntary or involuntary occurs. Per involuntary there will be a means where people are provide the right tools and they later pay back the money by 10-50% they make.

I can gree that helping people in the way that they get some sort of a starters loan to set up something where they can maintain themselves, and eventually leave poverty behind. I think this is the best possible form of help as they can later employ people themselves as they grow. This however doesn't really require people to make use of Bitcoin.

It nice to red from you again and I can see that you quite agree with me when I said providing right tools and the poor individual/countries later pay is good. In addition, you're right when you said poor with no or low understand of English are easily spoted out. But, I disagree with you on the ,umber part cos my believe is that life without risk is no existence. Therefore, they have to bear the risk of leaving the job which stuck up 5-12 hours of their day and try a new one.

[Senor.Bla]

For the country i think it is very hard but individual people it can because not all people in the countries can access bitcoin since poor people can not afford to but gadgets and they will prefer to buy foods to live longer.

Yes that's the main problem for those poor countries they don't even know how to use some gadgets such as computer,laptops and other things with is associated with technology. Because their education system is not even reaching those people who are really in need for many of them are living in depressed area.

i do not know how you define poor people or a poor country, but you have some misconceptions about that. you do not need to be educated to use those technical gadgets and you do not need much money to buy them. i think you are thinking of the super extremely poor, but they are just a minority.

I'm not having some misconceptions with that, I'm just pointing out the real actions and that's happening for those poor countries. Education is needed to use gadgets because it is now being used by many schools all over the world and what I'm pointing out is those people living in poor countries aren't able to touch gadgets and they need to spend their money just to be able to survive by buying foods also because they are living far from the city, I'm talking about the depressed area, where there is no electricity, no light, no power, no internet.

there are not many places left where people live with no electricity, no light, no power and no internet. and in the most cases they live in such places by there own choice. only the absolute porest of the poor live in such conditions and there are relatively few of them. you would be surprised about the technology poor people are using.

Are you sure about that? Maybe you should to watch some documentaries about those people friend. They are many of them and they are really considered as the poorest people in the world. It is not their own choice to live there, because they were born there and they grew up with that type of community.

not all of those people who live in places with no electricity, no light, no power, no internet are poor, some chose this place but could live somewhere else. some of those are poor, but not all of them.
and i do not need to watch documentaries. i prefer to go see for myself. you see on these documentaries starving children, but this means there is  no food, because of a shortage. it is still possible that they have a smartphone. why would they have no phone? because they are starving? most people think they have no money for food. if they would have a smartphone they could sell it and buy some food, right?
that is not the problem they have. if there is no food to buy, then you can sell all the smartphones you want and you still could not buy something to eat.

[pyata4ok]

More never sounded idea how it figuratively Bitcoin help poor countries. It is one thing to give someone a donation, and it is not sure that they get a poor man, and the other to lift the country from poverty using Bitcoin.

[Omega Weapon]

For the country i think it is very hard but individual people it can because not all people in the countries can access bitcoin since poor people can not afford to but gadgets and they will prefer to buy foods to live longer.

Yes that's the main problem for those poor countries they don't even know how to use some gadgets such as computer,laptops and other things with is associated with technology. Because their education system is not even reaching those people who are really in need for many of them are living in depressed area.

i do not know how you define poor people or a poor country, but you have some misconceptions about that. you do not need to be educated to use those technical gadgets and you do not need much money to buy them. i think you are thinking of the super extremely poor, but they are just a minority.

I'm not having some misconceptions with that, I'm just pointing out the real actions and that's happening for those poor countries. Education is needed to use gadgets because it is now being used by many schools all over the world and what I'm pointing out is those people living in poor countries aren't able to touch gadgets and they need to spend their money just to be able to survive by buying foods also because they are living far from the city, I'm talking about the depressed area, where there is no electricity, no light, no power, no internet.

there are not many places left where people live with no electricity, no light, no power and no internet. and in the most cases they live in such places by there own choice. only the absolute porest of the poor live in such conditions and there are relatively few of them. you would be surprised about the technology poor people are using.

There are different levels of poverty, sometime ago I read that about 2 billion people in the world live with less than 2 dollars a day do you think someone can afford Internet or electricity with that amount of money? Poverty is a lot more widespread than you may think.

[Senor.Bla]

For the country i think it is very hard but individual people it can because not all people in the countries can access bitcoin since poor people can not afford to but gadgets and they will prefer to buy foods to live longer.

Yes that's the main problem for those poor countries they don't even know how to use some gadgets such as computer,laptops and other things with is associated with technology. Because their education system is not even reaching those people who are really in need for many of them are living in depressed area.

i do not know how you define poor people or a poor country, but you have some misconceptions about that. you do not need to be educated to use those technical gadgets and you do not need much money to buy them. i think you are thinking of the super extremely poor, but they are just a minority.

I'm not having some misconceptions with that, I'm just pointing out the real actions and that's happening for those poor countries. Education is needed to use gadgets because it is now being used by many schools all over the world and what I'm pointing out is those people living in poor countries aren't able to touch gadgets and they need to spend their money just to be able to survive by buying foods also because they are living far from the city, I'm talking about the depressed area, where there is no electricity, no light, no power, no internet.

there are not many places left where people live with no electricity, no light, no power and no internet. and in the most cases they live in such places by there own choice. only the absolute porest of the poor live in such conditions and there are relatively few of them. you would be surprised about the technology poor people are using.

There are different levels of poverty, sometime ago I read that about 2 billion people in the world live with less than 2 dollars a day do you think someone can afford Internet or electricity with that amount of money? Poverty is a lot more widespread than you may think.

2 billion is about the amount of children running around the earth, so this might be true. as i child i also had less then $2 a day, but access to internet and electricity. i also have been to some poor places myself and i can tell you that a phone is not such an unusual thing to see like one would expect.

[Cactushrt]

For me definitely not. Bitcoin or other coins will not help poor countries because to make the country to success people will need a trustworthy leaders and not a corrupt ones.

[tripplewarz]

For me definitely not. Bitcoin or other coins will not help poor countries because to make the country to success people will need a trustworthy leaders and not a corrupt ones.

We must learn to make yourself and learn to survive, not to beg. All the poor will not help.

[Przemax]

The issue is highly complicated. Problem with those countries is such that the money is sucked away as a debt, corruption, selling for pennies on a dollar and such.

On one hand bitcoin cant help those countries, because the people does not have any means to own the bitcoins. It might help the middle class of those countries. If it would exist there.

Bitcoin could only help for a money not to disapear but firstly this money would have to be there possibly borrowed on low interest. For a success there should be some investment fund that would have a goal of creating middleclass in those countries and they would use bitcoin.

What would be ideal is to create an investment fund managed by the imigrants from that country that want  to go back to their mothersland.