Can Bitcoin End World Poverty?

[Emem29]

Although bitcoin is a potential coin,it could not end world poverty since its supply is limited to only 21 million coins.It has transformed the lives of many people but still it is highly impossible to eradicate poverty from the world.But it could atleast change the life of some poor people.

Its have a big chance to end world poverty. Becuase bitcoin is a great coin that will help us to our financial needs. We need to work hard and learn more about bitcoin. Studieng bitcoin is important to us if we want to end our poverty.

[Ngewex Yuk]

I agree, bitcoin can be the solution to the problem of poverty, the thing that makes the poor because they have no skills and capital so if bitcoin is taught to everyone then it will make poverty ends.

[KrisAlex18]

For me i think so.. 


http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

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Bitcoin has gained power this year and it has already dominated all the other existing cryptocurrencies. As we can all see, the influence of bitcoin nowadays has been improving more and more as time passes by and as the influence increase, there will also be chances that more and more people will be able to become rich and escape poverty. Although this is the scenario, we can't still conclude that everyone is counted.

[bentong talong]

For me i think so.. 


http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

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I think it has the capability somehow to end the poverty of a certain area but talking about the world is aleady too far from possible. Maybe it may happen someday but the innovations needed to made before bitcoin ends world poverty will surely take decades. We should not rely on bitcoin right now with the solution of world poverty instead we should just exert extra effort on working so that poverty will be eliminated person by person.

[danielnamit]

Yes as for those people in the poverty line, it can resolve the thousands of poor people suffering in the entire world. If a poor person tries to invest in bitcoin and keeps it for a long time like for a year or two, surely it will gain 10 times what he invest because of the growing price of bitcoin now.

[Scavagers]

For me i think so.. 


http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

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bitcoin is just a currency, it can not change the current state of our world. Poverty is something that you can not easily or can not be solved. I mean we can minimize the effects of it but we can not totally eradicate it. I think it is not possible because bitcoin is not yet popular in some countries and some places does not have access to internet connection. Even if it grow and grow but if someone can not gain access to it, it will be useless to them. It cannot end world poverty but somehow it can help.

[blitz18]

Yes as for those people in the poverty line, it can resolve the thousands of poor people suffering in the entire world. If a poor person tries to invest in bitcoin and keeps it for a long time like for a year or two, surely it will gain 10 times what he invest because of the growing price of bitcoin now.

Bitcoin can help those poor people but not its poverty. It can help those in needs only in terms of poverty it is another problem. Although bitcoin is open to all but a person can do effort to earn money from online. We can admit and it is obvious that a person can use bitcoin anywhere as long it has an internet access.

[samudi41993]

Poverty and bitcoin are two different thing. They are not correlated. If the economic classification in the society vanishes changes,than the poverty will vanish. But bitcoin is just a thing that gives you purchasing power.

[Shutup]

For me i think so.. 


http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

READ MORE:
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Bitcoin end world poverty because it gives income to all unemployed and gives income to all people wants to connect in bitcoin. This is the number 1 source of income now. That gives hope to everyone that their hope is one bitcoin..

[BILGPS]

it is true that bitcoin will end world poverty through my opinion i would like to announce to the bitcoin lovers that you must pay some of the bitcoin to the charity and poor peoples from this they will be happy and they will pray for you and once you start this you will feel happiness. from the last year bitcoin did a lot for the users like most of the graduates were from different countries were jobless and now they are receiving the salary and income from this bitcoin so we can say that they will be jobless if bitcoin were not in the world that's why i am sure that bitcoin has end world poverty.

[Utanjaran]

Bitcoin can't alleviate poverty. Because, bitcoin hasn't spread evenly. Even the younger generation are not all willing to learn what bitcoin is. So, to get to that stage still takes a long time.

[Boysen]

For me i think so.. 


http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

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Of course no! Bitcoin can't end poverty because there is no key or solution to solve the poverty in all over the world. Poverty will exist in this world forever because all of the nation are experiencing scarcity.

[Sithara007]

Bitcoin can't alleviate poverty. Because, bitcoin hasn't spread evenly. Even the younger generation are not all willing to learn what bitcoin is. So, to get to that stage still takes a long time.

Wealth inequality is present everywhere and it is not something which is unique to Bitcoins. But it is true that Bitcoins made a lot of people rich. I myself have benefited enormously from the price rise of Bitcoin. Income from Bitcoin signature campaigns and bounty campaigns enabled me to supplement my regular salary and lead a life with dignity. Bitcoin has played its part, but you can't expect it to eradicate poverty from the globe.

[Madmim]

World poverty is a very big thing. But those early bitcoin enthusiasts sure had ended their poverty. Heck there was a time when people could mine bitcoin with their personal computers and at that time I ignored it to a great extent and now regretting doing that. I could have ended my poverty right now.

[Xenoph0bia]

World poverty is a very big thing. But those early bitcoin enthusiasts sure had ended their poverty. Heck there was a time when people could mine bitcoin with their personal computers and at that time I ignored it to a great extent and now regretting doing that. I could have ended my poverty right now.

No I don't think so that Bitcoin Can End world poverty.Bitcoin is a cryptocurrency which requires internet connection and some basic knowledge.There are many places where internet connection is not available and there is a large population which is still illiterate.So it is impossible for that population to use Bitcoin. Bitcoin is not under the control of any Central Bank or any government so it is not legalised in many nations.All the people of the world depend upon Fiat currency for their day to day transactions.Athough the users of Bitcoin are increasing still people use real money instead of Bitcoin.

[creative~mind]

No. Bitcoin can provide better conditions and new possibilities for people, but this alone is not enough. The proof of this is that there are still many poor people in countries with very good conditions. It's all about people's mindset.

[miros]

World poverty is a very big thing. But those early bitcoin enthusiasts sure had ended their poverty. Heck there was a time when people could mine bitcoin with their personal computers and at that time I ignored it to a great extent and now regretting doing that. I could have ended my poverty right now.

Those people who bought bitcoin in the beginning were very at risk. History knows many online currencies that have failed. I also regret that I did not buy bitcoin before. But it has no influence on world poverty

[BitcoinPC]

Bitcoin is limited and can only occupy a large space of population but our necessecities are unlimited. Poverty won't end , it will just pass family generation to another generation but bitcoin would probably help to lessen the number of poor.

I don't think it can end the poverty. Bitcoin doesn't have enough power to end it. Its just a currency which lives in internet and use by those know have great knowledge about bitcoin and technology. Its only possible is if every person start giving donation., which i think nobody's want to do. Just 5 or 10% of your daily income can help poor and that can be done with fiat too. Nothing special for bitcoin here.

[Lanatsa]

Bitcoin is limited and can only occupy a large space of population but our necessecities are unlimited. Poverty won't end , it will just pass family generation to another generation but bitcoin would probably help to lessen the number of poor.

I don't think it can end the poverty. Bitcoin doesn't have enough power to end it. Its just a currency which lives in internet and use by those know have great knowledge about bitcoin and technology. Its only possible is if every person start giving donation., which i think nobody's want to do. Just 5 or 10% of your daily income can help poor and that can be done with fiat too. Nothing special for bitcoin here.

Even just to think off on local fiat itself cant even solve it how much more in bitcoin. It doesnt really have the power on completely wiping out poverty  but can somehow give some chance to those people who are jobless as long you do know how to make use of computer and some technical things online then you would really able to change your life situation or financial state.

[boyshx]

Bitcoin is a cryptocurrency, and no currency in the world has power to end poverty. Currencies are medium of exchanges or mode of investment. Poverty can be reduces or eliminated by creating jobs, and this is the job of the governments of the respective countries. Bitcoin can help them by creating job opportunities. Bitcoin can help people to increase their standard of living by giving them work options. A person with knowledge of bitcoin currency can start his own bitcoin mining activity. Or can work in a signature campaign activity.