Can Bitcoin End World Poverty?

[GamingBro]

World poverty can't end just because of new currency. Resourses of our planet is slowly dying and this cousing world poverty. We should start thinking about it.

[outsider99]

poverty is a major problem for all countries, and it also can not be overcome, so I think with a bite of whether to end poverty, the answer is not that easy, bitcoin will only reduce poverty.

[Allura74]

World poverty can't end just because of new currency. Resourses of our planet is slowly dying and this cousing world poverty. We should start thinking about it.

Yes, it can't totally end world poverty because not all people in every society knows and used bitcoin and worst is they have not given opportunity to engage bitcoin like those people that are not aware for online activity but inspite of that still bitcoin helps million of people around the world to have an opportunity to be rich and become financially free.

[maminelly]

bitcoin is not the answer of poverty which will help end world poverty,simply doesn't have the power to end such a massive thing....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 and povide my dream came true...

[Kabul]

I'm not sure that can happen, maybe if it says to reduce poverty I believe bitcoin can, poverty is not a small problem that can be eliminated instantly, this poverty becomes a tough challenge by all countries, and it is difficult to disappear.

Well, I do not think like you think. BItcoin needs computer and smartphone. It is hard for poor people to have enough gadgets to access the bitcoin community as well as the blockchain. So, this is only for educated people

[colcol55]

Yes if government will handle it properly

[Arlette Foxsparkle]

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, it is not a whole solution to end world poverty, because bitcoin is not solution although it can reduce poverty rather to end poverty.

[tambok]

I'm not sure that can happen, maybe if it says to reduce poverty I believe bitcoin can, poverty is not a small problem that can be eliminated instantly, this poverty becomes a tough challenge by all countries, and it is difficult to disappear.

Well, I do not think like you think. BItcoin needs computer and smartphone. It is hard for poor people to have enough gadgets to access the bitcoin community as well as the blockchain. So, this is only for educated people

Yes be positive because for sure if we are all involve here, 80% of the investors/users here will finally become rich, making you rich here depends on your capacity and ability on taking risk, but if you don't have any guts or afraid of taking risk then nothing will really happen to you.

[Techno012]

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.

[AsianNapoleon]

simply answer is : never

[SHawk]

I may look at this from two different perspectives. If it were to be individual that is serious minded about his deals in Bitcoin and he who knows his ways, poverty in his life might be rigorously reduced to the barest minimum if not totally eluded. But to an economy at large, it is going to be difficult to achieve since it is Deregulated and so many indigents/residents are either ignorant or dilluminates of its whole process and potentialities to be tapped.

[geegaw]

For me, I don't think so, because poverty is one of the biggest problem in the whole world. So, even though there's a lot of person who works in Bitcoin they can't solve this kind of problem.

Yeah, the whole world is still very headache and face many difficulties in solving this problem, they tried very hard every year, but this issue has never disappeared, down a little was a great success, we can see the seriousness of this issue. Until now, bitcoin is still just an investment, an online asset, and its popularity is at a certain level, its presence in the world of poverty is without any influence because the poor need to work hard every day to maintain their lives, they will not have time to sit and face a computer, even they do not have money to buy a computer, Bitcoin will not be able to do anything for them

[Alifal]

I hoped that, think it will not entirely end poverty.bitcoin is just money.people can use it, as a tool to make more money.so i think only some of us who understand the tramp of crypto that can maximize this..

[Visteryy]

For me i think so.. 


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

READ MORE:

Yes, bitcoin can eradicate poverty in the world. But when bitcoin prices drop, it also makes many people poorer

[isetter]

Only those who have money to invest in bitcoin. The poor, they have no money to invest

[waywethe]

I think yes, because there are a lot of work on the net and payment by BTC. So it will help the poor unemployed

[minnerETN]

I think it depends on the situation. Bitcoin can only end the poverty of those who knows bitcoin,but those who dont know anything about bitcoin, they are always in poverty in thier entire life like on some places were technology have no room.

there need should be people popularizing them about the occurrence of bitcoin so that they have the opportunity enriched

[hoanghoatham04]

For me i think so.. 


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

READ MORE:

can not eradicate poverty worldwide only with bitcoin. If we want to eradicate poverty, we need a charity community

[Gudhal Untu]

I am convinced that the main problem of poverty is that of the centralized system so that it never gives the poor to flourish, the presence of bitcoin that brings a new system of decentralization becomes the right solution so as to significantly reduce poverty.

[Vanshenz]

For me i think so.. 


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

READ MORE:

I do not think it will be able to end world poverty because bitcoin is not a magical tool that can change poverty quickly, but to end world poverty slowly can surely because everyone starts to recognize bitcoin and start investing in bitcoin ..