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Author Topic: Can Bitcoin End World Poverty?  (Read 62992 times)
Arkham Knight
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November 13, 2017, 08:59:15 AM
 #1701

No. I know that it will help government economic status to improve but I don't think it's the answer to poverty. A lot of poor countries already banned bitcoin because it needs some requirements to be able for their people to use it and their citizenz even can't afford their everyday meals.
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cryptoblue
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November 13, 2017, 09:16:19 AM
 #1702

No, Bitcoin can't end world poverty. Poor people don't know much about bitcoin. Most of them still haven't heard about bitcoin.

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November 13, 2017, 09:40:00 AM
 #1703

I think it is impossible since not all the countries in the world support the idea of bitcoin. Some of the countries in the world already banned bitcoin in their place. In addition to that, not all people in the world have an idea about bitcoin and not all people can access these digital money because you need at least a device and an internet connection.

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November 13, 2017, 09:52:46 AM
 #1704

The main problem of poverty is the unevenness of welfare, most of the poor because of their low level of education. The presence of bitcoin can be a solution to share the economic package of the country rather than using fiat money.
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November 13, 2017, 10:15:26 AM
 #1705

I dont think so. Because some people they dont know about bitcoin and how to use it. And if there is still terrorism and corruption poverty will always ve existed.
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November 13, 2017, 10:28:02 AM
 #1706

The main problem of poverty is the unevenness of welfare, most of the poor because of their low level of education. The presence of bitcoin can be a solution to share the economic package of the country rather than using fiat money.

Bitcoin cannot and should not be thought of as a saviour of the world even though it has a huge potential to liberate many from poverty. The world was created to be balanced with both poor and rich people and any attempt to eradicate poverty completely is a failed mission.
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November 13, 2017, 10:47:58 AM
 #1707

Poverty will never end thats what the history tells and thats what happening still..but one thing i can assure is bitcoin or the whole crypto world can help the world to lessen the percentage of poverty.even though the help of crypto in job related issue wasnt mentioned but we inside this community that the the jobless is now working here in our world..thats what i see about the poverty worldwide
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November 13, 2017, 11:37:23 AM
 #1708

Poverty is a very complex social issue, I'm sure if bitcoin is managed properly and legalized by the government then bitcoin is certainly able to reduce poverty.
In my opinion, ending of world poverty is not an easy thing to do. There is no way that we can deny this fact that bitcoin itself is very much profitable thing but the fact it is not at all possible for bitcoin and that too all alone to eliminate poverty and that from the entire world.

It can definitely play a very vital role in reducing the world poverty but there needs to be much more opportunities like that of bitcoin.

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November 13, 2017, 12:53:01 PM
 #1709

It is ups to those who want to end the poverty, if they want they can use bitcoin as answers in that problem because their are many lives now already end poverty with the help of bitcoin.
Yes I think bitcoin can do it and there is no doubt that bitcoin can play a very big role in future because bitcoin is now acceptable for world and world need it because bitcoin can play a role in economy of countries and specially in third world countries bitcoin is one the favorite currency in these countries and it have change a life of people in these countries.
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November 13, 2017, 02:00:52 PM
 #1710

I don't think bitcoin can end the world poverty. Because not all poor people know about bitcoin. And no one is teaching them how to do bitcoin.
Yes it can be possible that bitcoin can end world poverty because as we know that bitcoin have already replaced other crypto from market so I believe that bitcoin can do it but for that bitcoin need little more time because it’s not so easy to end world poverty in short time so in future bitcoin can do it and it will be succeed in his mission.
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November 13, 2017, 02:51:25 PM
 #1711

Bitcoin is known to be one of the most effective way to earn money which can help you escape poverty. We should also know that bitcoin is not yet legal in the whole world so the chances that they will know and use bitcoin is low since it is not yet legal. Also if ever bitcoin will be legalized, the chances that everyone will use it as an instrument to escape poverty is not sure enough. Maybe they won't and this just simply shows how difficult it would be for bitcoin to end world poverty.

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November 13, 2017, 02:55:02 PM
 #1712

Bitcoin is nothing if the people of the world themselves has no interest on using it as an escape pod to poverty. We all know that the will of the people in the world are not all alike. Some people would prefer working real job rather than doing bitcoin while some will prefer to work only in bitcoin and depend on it. We all have different views in life so if not everyone is going to use bitcoin, bitcoin will not be able to do its part ending the world poverty.

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November 13, 2017, 03:45:28 PM
 #1713

I think so,  if they really want to end the poverty and if they are willing to enter the world of bitcoin maybe thats the time to end that kind of crisis. Bitcoin has a very high potential to invest and it has a high value to earn if the people join or invest then the money they've been invested will grow higher ,  it only means that it is possible to end the poverty with the help of BTC.
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November 13, 2017, 03:57:41 PM
 #1714

No, it will never end world poverty. Have you ever imagined those really poor countries the one that lack's of food supply and no job at all? Do you think they can provide gadgets just to use bitcoin? No, right? There is so much charities to end world poverty but they can not stop it.

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November 13, 2017, 04:00:00 PM
 #1715

I don't think so, practically speaking how could it be possible, does entire world population uses bitcoin??? no right, then how bitcoin ends world poverty.
apolonio
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November 13, 2017, 04:03:59 PM
 #1716

No not really.Maybe bitcoin can help in giving some jobs for those who do not have. But it will never be the solution to that problem.

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November 13, 2017, 04:17:50 PM
 #1717

If people will educate about bitcoin and they get siminar so they know how to earn in bitcoins.many people have gadgets today even in the various places its possible that the poverty will end.

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November 13, 2017, 05:08:12 PM
 #1718

Bitcoin alone I'm not sure but blockchain with all its bells and whistles (and what is about to come) in pair with UBI could do miracles to already suffering population of the planet
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November 13, 2017, 05:25:26 PM
 #1719

No, it will never end world poverty. Have you ever imagined those really poor countries the one that lack's of food supply and no job at all? Do you think they can provide gadgets just to use bitcoin? No, right? There is so much charities to end world poverty but they can not stop it.

It will not end the world property but some of the people getting money for their food and shelter.Many are run their life with the help of Bitcoin only.It will some how reduce the world property.
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November 14, 2017, 05:39:36 AM
 #1720

I think it can reduce poverty but thinking that it will remove  or end world poverty. Bitcoin has a tremendous potential that it can do anything and can take the world anywhere.  But talking about end of World poverty.  Bitcoin has the potential to change the world economy and paper currency but it is to hard to believe or to imagine that it will end world poverty.  As bitcoins is a virtual currency concept. It is only benefit those who own them,  so for buying bitcoin you need a investment and that investment is only done by a stable person no poor can do that.  So I think bitcoin will only make rich richer but not to poor.  It may gives and increase the employment and may reduce unemployment but ending poverty is not possible.
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