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Author Topic: Can Bitcoin End World Poverty?  (Read 62992 times)
sharm2121
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February 22, 2018, 09:58:47 AM
 #2701


I dont think so, because many people dont have access to internet dont have gadgets, so how they would use bitcoin to be successful and to lift their lives up? It will happen if the bitcoin users who get a lot of more money and good profit will help the poor people, but its impossible right? so i think bitcoin will not end the world poverty.

There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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coiner27
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February 22, 2018, 10:26:40 AM
 #2702

It depends on how you use your bitcoin. If you will share your blessings, maybe it would help end poverty.Wink
paulo1210
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February 22, 2018, 12:12:30 PM
 #2703

Can Bitcoin End World Poverty? I think that it will not end the worlds poverty. Wh6? Because people is to greedy. They need to help others, the poor, that needs help. A penny can help a persons life. Money can show the real attitude of a person. It is good or bad. Its not bad to think for yourself. But it is not also bad to help others that is in need of help. Lets do the impossible guys. We can all end a world poverty. By showing goodness.
stantpro
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February 22, 2018, 04:00:39 PM
 #2704

Bitcoin may have the capacity to end poverty owing to its value per dollar.
If well distributed,it has the capacity to do that.The challenge is that in order
to end poverty, you must give knowledge of bitcoin to the majority of
the poor people in various parts of the world need to be informed about the
impact and usefulness of bitcoin which majority of the poor class do not know
about nor do they have the smart phones nor computers nor internet connections
to access block chain platforms.
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February 22, 2018, 04:22:11 PM
 #2705

This question is thoughtful somehow since it can does so to only but only Bitcoinners that actually knows what is to be done with Bitcoin in most ramification. But the question at the other end is awkward because maximum number of people around the world is yet to understand Bitcoin and all what it entails, even the educated ones, since their education is limited to Bitcoin fundamentals and strategies, left alone the knowledgeable ones of same.
Aying
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February 22, 2018, 05:05:43 PM
 #2706

This question is thoughtful somehow since it can does so to only but only Bitcoinners that actually knows what is to be done with Bitcoin in most ramification. But the question at the other end is awkward because maximum number of people around the world is yet to understand Bitcoin and all what it entails, even the educated ones, since their education is limited to Bitcoin fundamentals and strategies, left alone the knowledgeable ones of same.
yes of course that bitcoin can really change the world for real, as many individuals had already helped and had change their life so it is just up to us whether we will follow their foot prints or we will just let ourselves to see what will happen to them next, it is our option.

Watch out for this SPACE!
barontamago
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February 22, 2018, 05:12:10 PM
 #2707

I don't think that bitcoin can end the world poverty because people who earn money that is just fit for their foods does not have an access to the internet, and I don't think that they have time to learn or to know anything about bitcoin because the important to them is to earn for them to have food to eat. Many people are in this situation and that is the people who are poor so I think that bitcoin cannot end poverty
HalfDeck
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February 26, 2018, 11:21:10 PM
 #2708

This question is thoughtful somehow since it can does so to only but only Bitcoinners that actually knows what is to be done with Bitcoin in most ramification. But the question at the other end is awkward because maximum number of people around the world is yet to understand Bitcoin and all what it entails, even the educated ones, since their education is limited to Bitcoin fundamentals and strategies, left alone the knowledgeable ones of same.
yes of course that bitcoin can really change the world for real, as many individuals had already helped and had change their life so it is just up to us whether we will follow their foot prints or we will just let ourselves to see what will happen to them next, it is our option.
How many people are there become the rich by Bitcoin? And how many people are there become the poor by Bitcoin? You have to remember Bitcoin has high price because the investor want to buy more it, hold it to take profit (sell it at high price). However, when the Bitcoin price reached $20,000  , it also reached the limit price range to increases more because not many investor want to buy it more. Cheesy
Watashi Yamashita
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February 26, 2018, 11:25:04 PM
 #2709

Bitcoin is just a cryptocurrency so we should not rely our own future in it and the solution of world poverty too. Many people are already suffering poverty nowadays because of their own actions wherein they are not doing anything to escape it. If only they would work it out to escape poverty, maybe they would be able to have their own poverty ended. Also, the government should be the one working on it.

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bitchubitchu
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February 27, 2018, 12:13:51 AM
 #2710

Bitcoin can not totally end or eliminate poverty how abiut the small/poor people who cannot access bitcoin.It will lessen the poverty that is sure because i know many that changes their lives because of bitcoin.
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February 27, 2018, 12:20:28 AM
 #2711

I cannot think how bitcoin will end poverty in many places in one snap of your hand , its just another kind of money you can use but not to end the poverty
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February 27, 2018, 12:30:00 AM
 #2712

This question is thoughtful somehow since it can does so to only but only Bitcoinners that actually knows what is to be done with Bitcoin in most ramification. But the question at the other end is awkward because maximum number of people around the world is yet to understand Bitcoin and all what it entails, even the educated ones, since their education is limited to Bitcoin fundamentals and strategies, left alone the knowledgeable ones of same.
yes of course that bitcoin can really change the world for real, as many individuals had already helped and had change their life so it is just up to us whether we will follow their foot prints or we will just let ourselves to see what will happen to them next, it is our option.
If we do not follow them then I worry that someday we will be forced to follow them, although the presence of bitcoin does not make many people become rich but if used en masses it will be much harm if we do not have bitcoin.
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February 27, 2018, 12:36:56 AM
 #2713

It can  end world poverty to those who are keep working and believing bitcoin  to those a bitcoin investors
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February 27, 2018, 12:42:46 AM
 #2714

It can only end world poverty  to those who are keep working and believing  in  bitcoin world the investor of bitcoin
cahbagus555
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February 27, 2018, 12:51:59 AM
 #2715

Bitcoin is not a magic wand which will end world poverty. It simply doesn't have the power to end such a massive thing. Also bitcoin is not a payment system anymore. We have moved to a different goal long back, when the confirmation time increased and transaction fees hiked. These confirmation time and transaction fees is going to be increased again and again. So we will move from the initial goal further.

Bitcoin has now purely became an investment asset. IT can provide a huge return which any other conventional investment will never be able to offer ever. So I take bitcoin purely as an investment and a trading asset. I earn profit  and keep it for the future.

I have same opinion with you. Everyone still have to work to get earning and to buy or invest on bitcoin need money. I am believe that bitcoin is good investment because last year can provide gain more than 1000%
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February 27, 2018, 04:52:06 AM
 #2716

I agree that bitcoin is a cheap means of transaction, its also transparent and distinguishes clearly of property right.
But I don't know how these traits can end poverty.  Stopping war and providing education sounds like a more essential solution to poverty.
Angi
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February 27, 2018, 05:07:13 AM
 #2717

No one can remove or end poverty of each country even the elevated with rank in each country that have all access to all they are also dont do to remove poverty to their country so there are no ways to remove poberty but we can help them due to give them a jobs to improve their life.
cherryfer
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February 27, 2018, 01:25:58 PM
Last edit: February 28, 2018, 03:56:54 AM by cherryfer
 #2718

Them seems very general, it is possible when it was hardly  implemented by all the nation worldwide. It is better to start this campaign by pushing it by every government. It is better to have have these organizations that will manage this dilemma. Unfortunately, bigger profit comes with bigger possibility of corruption, many people will be interested with this and can possibly result to negative outcomes.
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February 27, 2018, 01:35:01 PM
 #2719

I cannot think how bitcoin will end poverty in many places in one snap of your hand , its just another kind of money you can use but not to end the poverty
It can't end the poverty but you must admit that bitcoin is a big help for those jobless persons they are relying on the bounties which pays bitcoin.

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February 27, 2018, 02:05:54 PM
 #2720

Honestly, bitcoin will not totally end the world poverty instead it just lessen or reduces the poverty rate. Many users that is poor that are now engaging in this bitcoin and they also spread it in their place and through that it may serves as their job that will affect to their status. Some of them are no longer 'poor' instead they are now rich and can provide their needs.
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