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Author Topic: Can Bitcoin End World Poverty?  (Read 62992 times)
Bitcoincole
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October 14, 2017, 04:47:38 AM
 #1261

bitcoin has great influence for everyone, I'm sure if everyone has a desire to learn bitcoin, then poverty in this world will decrease. because with bitcoin everyone can participate into it. without any requirement, unlike applying for a job in a company.

Yes.Surely bitcoin will replace the entire poverty system. Since many people earning from the source called Bitcoin, even if they not have job.This income will fullfil the basic needs such as food and shelter from bitcoin. If you earn more money from bitcoin, you may help to others, who need of money.


I would say that bitcoin helps to reduce poverty in our country because not all people know about cryptocurrency but sooner or later people would have a knowledge well we expect the big impact of people who has working in self employeed status.
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October 14, 2017, 06:28:15 AM
 #1262

I feel for me bitcoin is just a forex, poverty is not based on forex but in reality how they will get a currency. If they are hardworking individuals then they could end up their own poverty but if not bitcoin cant help with them.


Imagine doing the same type of work and getting the same amount of two different currency. Will you have the same buying power after the work done? That is Forex

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October 14, 2017, 06:47:37 AM
 #1263


Actually,reading your post an idea came my mind.We distribute all the old smartphones to poor people,or enable them an easy access to internet.
That way ,if you feel generous enough you can,at every moment,donate some of your cryptocurrency money directly to someone in need.
How amazing would that be,and I always hated all those charity organisations getting rich off of commissions.
Now you can directly and instantly make someone's life better and actually communicate with them.How awesome times we live in.
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October 14, 2017, 07:19:08 AM
 #1264

i think no because bitcoin is just money but bitcoin can help
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October 14, 2017, 07:51:01 AM
 #1265

Bitcoin helps alot of people by providing them income but I don't think bitcoin can end world poverty because poor people can't buy gadgets use to do bitcoin, we can end poverty by good governance and it should start with outselves, we should work hard for us to reach our goal.
That is the point. I am really amazed with the persons who think bitcoin will change the whole world. No doubt bitcoin have changed our lives and it is continuing its fantastic work. But how bitcoin can affect poor? They even don’t have food, they don’t have computers and internet then who could you just even suppose poverty being ended by bitcoin?


Bitcoin can help all of us in improving over financial status and secure our futures monetarily. Bitcoin has helped many unemployed educated people to be their own boss by investing into bitcoin. I personally think bitcoin is the best solution for eradicating poverty form the face of earth. Any country who is serious about relieving their people from poverty, they can spread awareness regarding bitcoin.
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October 14, 2017, 08:07:53 AM
 #1266

If the demand for bitcoin continues job opportunities increase and grow so more will be employed and benefit but it will not eliminate poverty for there are a lot of factors concerning poverty that cannot be addressed by the bitcoin industry alone.
You are very correct, why do we need to weigh the burden of poverty when Bitcoin is only just a currency. As what you've said, it cannot handle this sort of major problem just a currency alone, I mean it could only aid it some help, by giving them the resources that they needed. But still there are so many things that could affect poverty not only the lack of money in certain countries but also the environment, economy etc.

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October 14, 2017, 08:32:25 AM
 #1267

It needs to be a bit realistic. What is the business strength for Bitcoin? I think only the necessary materials; machines and a set of softwares .And there is no need for a physical work force. Therefore, labor is not necessary.

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October 14, 2017, 04:40:56 PM
 #1268

If the demand for bitcoin continues job opportunities increase and grow so more will be employed and benefit but it will not eliminate poverty for there are a lot of factors concerning poverty that cannot be addressed by the bitcoin industry alone.
You are very correct, why do we need to weigh the burden of poverty when Bitcoin is only just a currency. As what you've said, it cannot handle this sort of major problem just a currency alone, I mean it could only aid it some help, by giving them the resources that they needed. But still there are so many things that could affect poverty not only the lack of money in certain countries but also the environment, economy etc.

And also the fact that it is still easy to just chill than to actually get up and try to fix your life especially financially. People wants to get rich without doing anything at all. That's why HYIP sites are pretending to offer to realize that idea even though obviously that's quite impossible. The only people that makes money without doing anything at all are those that "already did something". These are the people that have their own business and have appointed someone to manage it. Now, he don't have to do anything at all. Just simply breathing and living the life the way he/she wants.

People are lazy, get over it. It's not the lack of resource that makes people poor. It's the laziness that we all have as humans. And the only way to deal with it is to try to re-wire our nature. There are rich people that become very poor because of the lack of drive and motivation to do something about their lives.

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October 15, 2017, 11:47:44 AM
 #1269

Bitcoin cannot end world poverty. Bitcoin doesn’t have that much power and influence to be able to optimize its use to end world poverty. But what bitcoin does have is its ability to adapt and bitcoin can be optimize when it comes to immediate use. Like if someone wants to send any donation immediately then they can use bitcoin transfer to send any amounts to buy any necessity in assisting to fight poverty.
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October 15, 2017, 11:53:36 AM
 #1270

Bitcoin can not put an end to world poverty. He will not give the poor the opportunity to earn, because they do not have Internet for this, he will help only those who already have a lot of money.

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October 15, 2017, 11:54:07 AM
 #1271

I cant understand why bitcoin can end world poverty, bitcoin its not a organization wich wants to help and save everyone, bitcoin its just a upgrade of the money, the poverty, oppression, inequality and the problems will continue, and the cause of then it isnt the paper money.
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October 15, 2017, 02:55:28 PM
 #1272


for me yes. because bitcoin is raising its value. it can be start to everone that they can stop poverty in
every places theyre in. so it willl be a oppurtunity to every people,
but we cant be sure until it happens

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October 15, 2017, 03:13:39 PM
 #1273

Bitcoin can't end poverty in the world. Since supply bitcoins limited and again, bitcoin unofficial because there are some countries that deny existence bitcoin.


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October 15, 2017, 03:17:53 PM
 #1274

I think Bitcoin cannot end the poverty in this world as long as there are too many greedy people, especially those who obtained a powerful position in the government. And I think if there is no poverty there is no equality in this world.
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October 15, 2017, 03:20:16 PM
 #1275

I do not think a certain commodity or currency will put an end to poverty because these are merely objects of possession. These heavily rely on the people handling them. Thus, I believe it is the people who will put an end to poverty because they are above all things. People have to put in mind that they can take control of objects, and not the other way around.  
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October 15, 2017, 03:34:26 PM
 #1276

Bitcoin can't end proverty in the world, it's not like bitcoin has the power to do something amazing like that. Bitcoin can help someone's economic situation but it can't solve world problem such as poverty. It's up to the people themselves whether they want to escape poverty or not, if they are lazy then even bitcoin can't help them.

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October 15, 2017, 03:48:53 PM
 #1277

It can't end poverty but it can lessen if you are more than willing to exchange your bitcoins to fiat and donate it. Bitcoin leads to corruption and greed, just look at those scam sites and people scamming people for gain, how can that end poverty? There will always be pros and cons with bitcoin.
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October 15, 2017, 03:54:05 PM
 #1278



Yes, I think so too. But, it’s a long shot. I mean bitcoin has been helping a lot of people since early 2000s, and I can say that the results are amazing. So, why not? Perhaps bitcoin is the solution.
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October 15, 2017, 04:43:27 PM
 #1279



Yes, I think so too. But, it’s a long shot. I mean bitcoin has been helping a lot of people since early 2000s, and I can say that the results are amazing. So, why not? Perhaps bitcoin is the solution.
it can really helps but end it completely that's a big questions to ask, poverty is everywhere because of the greediness which inside every individuals
if greediness can be conquer by this system and the common practice will be able to remove maybe chances to end poverty will happen.
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October 15, 2017, 04:57:27 PM
 #1280

Absolutely not. In fact, I think bitcoin will further clarify  gap between the poor and the rich. Between megapolitan residents and villagers. And only peoples really cultivate and try hard will get wealth from bitcoin.

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