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Author Topic: Can Bitcoin End World Poverty?  (Read 62202 times)
makolz26
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April 08, 2018, 06:44:22 PM
 #3021

In my opinion bitcoin will not fully eliminate the poverty but up to some extent bitcoin will reduce the unemployment and poverty because many people are now working bitcoin they were not job holders but they were job less people and now they are able to manage their relations and time with good money. And bitcoin is reducing poverty if we look in the broad sense then it will clear that bitcoin is contributing much to the economy.
It won't, for as long as cryptocurrency has the potential to change the life of many people if some people will still stay negative and would not go for bitcoin, then there is nothing that bitcoin can do for that, so it is useless, it is still in the people if they will gonna believe in bitcoin or not.

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April 08, 2018, 07:52:45 PM
 #3022

There are many things to consider like what you have said even though internet connection is prevalent in our present date a lot of underprivileged people don't have the access to the internet hindering them the possibilities of investing in Bitcoin or even discovering it by chance.
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April 08, 2018, 08:06:11 PM
 #3023

Poverty in the world today I think has begun to decrease because of the help of some countries who contribute in it. Bitcoin I think can help them but not so easy to overcome poverty in the world. But with the bitcoin or some kind of crypto project will definitely contribute to reducing world poverty. I hope I also help for that by investing or donating.

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April 08, 2018, 08:06:54 PM
 #3024

Poverty stems from the weakness of the world economy. Politicians are not really fighting the problem of poverty. I do not think the world of cryptography will finish poverty because poverty is one of the biggest problems in the whole world. So, even though there are many people who work in Bitcoin, they can not solve this kind of problem.
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April 08, 2018, 08:13:14 PM
 #3025

Bitcoin and the crypto world has alot to offer and can actually end poverty if governments all around the world can have a second look at the crypto technology then poverty can be a thing of the past.There are a lot of avenues in the crypto world for everybody to make some money for himself hence poverty can end.Talk of bounty campaigns,bitcoin mining,investment opportunities etc has generated a lot of income for people all over the world.What is left is for people to change their negative mentality towards the crypto world and accept it that has the power to change the world.

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April 08, 2018, 10:58:46 PM
 #3026

Well it not just easy as that, it should have process to begin with and and the main is to educate the whole world about bitcoin. It's not also easy that the whole world will embrace bitcoin because not all of us is the same way of thinking. Many will favor but much will hate but for them to better understand that bitcoin would really end world poverty they must first understand what it means and its goal.

Maybe if all people have knowledges about bitcoin. They know how to access bitcoin with the use of internet connections.But its takes a long process before bitcoin can eliminate poverty's problem. Because  their are different areas that until now is not reachable by the internet connections.
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April 08, 2018, 11:01:25 PM
 #3027

I don't believe in that because poverty is way too overspread in the world currently; we need centuries to solve that problem.

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April 09, 2018, 02:37:12 AM
 #3028

I do not think so that because of the existence of Bitcoin, the long term problem with regards to the world poverty can now be resolved because Bitcoin was not really a powerful thing that can make the poverty gone. If you were thinking that because it can provide money for income is now it can resolve the poverty, then it is not. Poverty is not just about money. It is also about the resources. What will you do with those money if in your place you do not even have those resources you need to satisfy your needs? It can just lessen the effect but cannot totall resolve it.

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Blackrosek
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April 09, 2018, 02:48:40 AM
 #3029


I think Bitcoin will be able to reduce poverty worldwide because Bitcoin is the most expensive currency .1 bitcoin is worth a lot more. So Bitcoin can easily make any poor man rich. I saw myself many people became rich. Moreover, this Bitcoin has many users who have received many financial support from Bitcoin. They are rich now. So I believe that when Bitcoin can make people of a country rich, they can also reduce poverty.
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April 09, 2018, 02:53:51 AM
 #3030


That's the long term goal! Hopefully, but we need to work on global internet proliferation.
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April 09, 2018, 01:42:42 PM
 #3031

In my opinion, bitcoin wont totally stop poverty but it can somehow help lessen poverty. Bitcoin has undenyably high value and people may use it as their source of income plus, bitcoin is taxfree so you will be able to get your whole profit and its decentralized system may help lessen the government's ability to corrupt.

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April 09, 2018, 01:54:55 PM
 #3032


You want bitcoins to solve all world problems ? If this is the case, all the Presidents should vacate their seats and depend on bitcoins for all problems in their country.

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April 09, 2018, 01:58:51 PM
 #3033

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

Yes, it true but I think it will only be possible in some countries. Bitcoin can end world of poverty, not totally end but lessen or reduce poor people. Bitcoin helps many people in their financial since you can earn in bitcoin with or without investing a cash, all you need to do is to join is certain campaigns. And also, it is big help for the poor people because bitcoin is tax free, no money involved in joining here.

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April 09, 2018, 02:11:57 PM
 #3034

I think it could be bitcoin doing that. Because a lot of poverty in this world. Bitcoin can help a country's economy and reduce poverty. Any unemployment can work on bitcoins.
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April 09, 2018, 02:17:29 PM
 #3035

Yes bitcoin can end the world poverty. But we also need to help one another & Let us grow the nicest community ever in the Internet. Days will come when steemit will be world leader among the social networking sites.
I am sure that bitcoin has a chance to end world poverty but it is not easy for bitcoin, i think it will take for more than 50 years from now before bitcoin can totally end world poverty but i am sure that it will really happen, and when that will happen this world is will be more great.

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April 09, 2018, 02:32:57 PM
 #3036


In other person yes it can.. Buy for others who's not thingking to change their painful proverty its hopeless.. Poverty is within us its not always in the goverment to blaim but it depends in how you work hard for your future and btc and other cyrpto currencies can change your like if you work hard for it and if you learn how to work on your investment i think you can even go places with high glory...

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April 09, 2018, 02:43:55 PM
 #3037

I do not think so that because of the existence of Bitcoin, the long term problem with regards to the world poverty can now be resolved because Bitcoin was not really a powerful thing that can make the poverty gone. If you were thinking that because it can provide money for income is now it can resolve the poverty, then it is not. Poverty is not just about money. It is also about the resources. What will you do with those money if in your place you do not even have those resources you need to satisfy your needs? It can just lessen the effect but cannot totall resolve it.

I don't think bitcoin will ever end the worldwide problem since a lot of people is not good in computer specially on those rural areas. Where the technologies is very limited but perhaps some of them know how to use some gadgets but is very little compared to urban areas, were a lot of beggars. Some of them are disabled person, some are homeless, etc., if the government could help those people i think it could help to lessen the people who are in poverty.
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April 09, 2018, 02:44:05 PM
 #3038


I do not think that bitcoins can eliminate poverty directly. But it increases the revenue of governments and they can use that money for poor people.
cryptojaani
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April 09, 2018, 02:47:23 PM
 #3039

Bitcoin can help surely to fight poverty, but i don't think it can end it. Bitcoin and crypto currencies are digital and you need at least a computer (or phone) and internet connection to earn and deal with such currencies, and this things aren't available worldwide for poor people as known.
in matter bitcoin can only help. for example if a person do not have any job mean he is jobless and now he has start bitcoin trading or earning bitcoin through any other skill then bitcoin has changed his life and has removed his poverty but not for everyone who even do not know about bitcoin. bitcoin is in fact providing opportunity to earn money from differenct sources it is even giving oppourtunity to those people who do not have even any experienc or knolede.

I think one of the biggest problems of the world is poverty and turning the world's population into a better person or a rich is certainly impossible to do even the efforts of the government of every country even to this day has not yet produced results let alone just bitcoin bitcoin can change a person's life for the better if they are willing to work hard and earn income
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April 15, 2018, 08:23:49 PM
 #3040

The main problem of poverty is lack of capital and education, many poor people do not care to improve their education so that they are difficult to make more money, they just know habits that are used to do.
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