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Author Topic: Can Bitcoin End World Poverty?  (Read 62992 times)
bakekang008
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December 06, 2017, 12:04:05 PM
 #2001

Yes bitcoin is the way to end poverty.

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December 06, 2017, 12:37:22 PM
 #2002

The problem of poverty is unequal economic equity, many governments are corrupt and protect the evil entrepreneurs who drain the natural resources, change the government system is the key to end poverty.

Bitcoin can also the key to end the poverty because government can not corrupt your money in crypto currency, so when all of us use bitcoin it can end the poverty of one country.
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December 06, 2017, 12:41:18 PM
 #2003

No it cannot the poverty happen's because of the people that also lives in the country, Bitcoin cannot be earned by everyone because not every family can manage to buy their own computer or a mining hardware.
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December 06, 2017, 12:47:10 PM
 #2004

Bitcoin can't end the world poverty. The problem of all countries is poverty. There are no nations that can solve the poverty. So do you think that bitcoin can solve poverty? Ppverty will stay in this world forever.

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December 06, 2017, 12:58:41 PM
 #2005


In my own opinion I think so, we all know tha bitcoin has a great value that is why many people choosing it as their job. If there's a lot of people benefits on bitcoin especially those poor people it may help the society and economy grow. Bitcoin has a lot of help in every individuals so if it use in a wise way poverty can be solve by bitcoin.

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December 06, 2017, 05:10:36 PM
 #2006

Yes, bitcoin can end world poverty because we have the freedom to invest anytime in bitcoin, especially to those who unemployed. It gives chance to people to earn extra income. It can end poverty because bitcoin is the answer in terms of financial problem. Bitcoin have the ability to give to the people income and we have many chances to invest in bitcoin. We see today there are few people only suffer from the poverty and most of them earn bitcoin.  We believe bitcoin has a potential and a big help.
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December 06, 2017, 07:12:15 PM
 #2007

In my opinion, bitcoin will not be able to end world poverty, because bitcoin is created for capable people. Bitcoin can not be owned by everyone and bitcoin supply is also limited, seeing from all that, then bitcoin will not be able to eradicate world poverty.
Bitcoin is no doubt contributing a major role in making the economic condition of this world better along with making number of people rich. Bitcoin cannot eventually end the poverty from the entire world as it is not at all possible for bitcoin to do this thing but even then it can greatly reduce it in fact, bitcoin is reducing the unemployment by giving number of opportunities to lot of unemployed people of earning money.

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December 08, 2017, 05:08:02 AM
 #2008

Yes, bitcoin can end world poverty because we have the freedom to invest anytime in bitcoin, especially to those who unemployed. It gives chance to people to earn extra income. It can end poverty because bitcoin is the answer in terms of financial problem. Bitcoin have the ability to give to the people income and we have many chances to invest in bitcoin. We see today there are few people only suffer from the poverty and most of them earn bitcoin.  We believe bitcoin has a potential and a big help.
I believe it can end others poverty but it cannot end the world poverty. Many countries are not legalizing BTC and not all people are capable or buying computer/laptop/smart phones to join BTC.

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December 08, 2017, 05:40:31 AM
 #2009

Yes, bitcoin can end world poverty because we have the freedom to invest anytime in bitcoin, especially to those who unemployed. It gives chance to people to earn extra income. It can end poverty because bitcoin is the answer in terms of financial problem. Bitcoin have the ability to give to the people income and we have many chances to invest in bitcoin. We see today there are few people only suffer from the poverty and most of them earn bitcoin.  We believe bitcoin has a potential and a big help.
Bitcoin do not ends the world's poverty  because primarily we need to understand that bitcoin is used by certain class of people like who are knowledgeable and they should be aware of internet usage. So those who do not know about it cannot be able to use the bitcoin, then how can it ends the world's poverty.
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December 08, 2017, 05:56:40 AM
 #2010

The problem of poverty is unequal economic equity, many governments are corrupt and protect the evil entrepreneurs who drain the natural resources, change the government system is the key to end poverty.
I think that is not enough with it because the problem of poverty is very complex starting from bad government, bad human resources, bad education, little job field, etc. and bitcoin only helps to provide job to people. bitcoin has little effect on world poverty
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December 08, 2017, 06:56:15 AM
 #2011

I don't see how bitcoin is helping people in Africa getting food or avoiding wars.


What an idiotic post..  Is Africa the only place in the world with poverty and war?
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December 08, 2017, 10:02:07 AM
 #2012

Bitcoin isonly betting whenev er you commit your bitcoin in altcoins hehe. Bitcoin an extremely great expense together wiis terous altcoins. nmhu
poverty is the big issue of the numerous nations all through the entire world and world are attempting to take care of this issue yet at the same time there is no decline was come in the rate of neediness now bitcoin has made stride in this way and giving simple occupations to all sort of individuals who are procuring bitcoin and this will most likely reduction the rate of destitution.
Bitcoin has already turned many unemployed people into useful ones which are contributing a lot towards the better economy of their country. Many people have started their own businesses which are now flourishing day by day too much.

Obviously the increase in the production of goods and their sale is ultimately leading to the better economy of the country. In short, with the support of state government, bitcoin can eradicate poverty completely.
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December 08, 2017, 10:33:53 AM
 #2013

i dont think bitcoin will end the world poverty but it can be lessen because its their choice to be poor. if they want to earn they need to find ways.
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December 08, 2017, 10:42:27 AM
 #2014

Bitcoin can't end the world poverty but it can help to lessen it because of the price it can help many people change their lives, I think there is no solution to world poverty and it pass through generations. If you have dream of having a better future you can achieve it by learning bitcoin, even you have no capital you can earn here as long as your dedicated to your work. Anything can happen here and any strategy will do as long as you earn. Many jobless people are earning here because they focus and enjoy bitcoin and they put bitcoin part of their everyday lives.
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December 08, 2017, 03:05:35 PM
 #2015


Maybe yes because poverty ends when each of us will be industrious. Poverty can end if every people are hardwork and they pursue all they want in a good way. Bitcoin can help to end the poverty by helping those jobless people to have a job especially those people who have a hardtime to find. It can end the povrty because it can sustain the needs of the people.

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December 08, 2017, 03:18:13 PM
 #2016

Bitcoin utilization is in the ratio of Educated:Active understandable people Vs No education:Not aware then we can't say bitcoin will end poverty. In simple there is less chance that every one is educated so there is less chance that every one use bitcoin. But with awareness and innovative agile system to make use of it by every individual helps to make sure bitcoin will end world poverty. In simple every citizen shall take an initiative one person in a family shall know how to make use of bitcoin and earn profits this helps to confirm bitcoin will end world poverty.
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December 08, 2017, 03:37:45 PM
 #2017

I consider poverty as a result of multidimensional factors and there cannot be a single panacea for the problem. Bitcoin solely will not be able to solve the problem of poverty. But there are ways in which it can improve the quality of living and thereby become a contributor for diminishing poverty in the world.

Bitcoin will help reduce people's dependency on hard cash or on cards or banks for that matter. The use of bitcoin essentially will make the world citizens understand the concept of digital currency. In the process of using bitcoin, they understand the process and as a means they get educated in market, computer systems, ledger, value of a currency, present transaction and banking systems etc. They may not become an expert in the field but a simple conceptual understanding will be a great push for our world citizens.

The whole digitisation process will make people more educated or rather will compel people to become educated enough to use and understand the bitcoin. On a target view this means that society will push for its people's education in computers and market. The lives when digitalized will call for a superior way of life in terms of economy. The use of computers for simple purchases will make people use it for almost all purposes of daily living. Knowledge in the process will be gained not only on the markets but also on all the varied fields in the world. Cross continent understanding and wisdom will be paved way for.

This is like building a big school in a small village. The school and its purpose is clear. But in the process what happens? A proper road is laid for all children from in and around villages to travel and reach. Vehicles and flow will increase for the conveniences and ease of travel. Electricity supplies and safety establishments are provided. Small eateries and medical dispensaries will come up. Slowly housing societies and hospitals will be up. A few months or years later there will be shops, malls and business transactions. Further, digitalized life will be opened up! So too digital market and currency there!

In the same way the opening up of bitcoin can certainly address world poverty though it may not be a single cure.
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December 08, 2017, 06:01:53 PM
 #2018

The price of bitcoin is too height. I`m agree, that it`s international value, but there are so many people who cant buy it.
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December 08, 2017, 07:17:59 PM
 #2019


Maybe yes because poverty ends when each of us will be industrious. Poverty can end if every people are hardwork and they pursue all they want in a good way. Bitcoin can help to end the poverty by helping those jobless people to have a job especially those people who have a hardtime to find. It can end the povrty because it can sustain the needs of the people.
I do not think so, everything depends on us, on our decision. Do you are really want to change your life? You should have this question to ask yourself first. Then, you can blame anything if you are still the poor, because more than 90% the people all have this problem.
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December 08, 2017, 08:07:11 PM
 #2020

In my opinion, No and it depends on a person if he/she have knowledge on computer and even analyzing the priced of bitcoin. But the very important are have patience and hard working. Bitcoin is not a magic that people invest now then tomorrow is you can make huge profit. It's hard to end poverty even bitcoin can't vanished poverty.
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