Can Bitcoin End World Poverty?

[MoneyIsDebt]

I don't know how Bitcoin End World Poverty? I also think removing poverty is not possible for bitcoin because bitcoin is not a magic .

Poverty is the hardest problem of each countries and it's being discussed by the world government. It can end individuals poverty but not all the people on this world are open minded with such technologies and specific with bitcoin. I believe it can help to reduce poverty but it can't really remove the main problem of people who lives in poor places.

yes it is the biggest problem of the world and it is the worst thing when most of the people in under developed countries died of poverty or starvation. bitcoin can help in reducing it by different mean as it is the best platform for individuals to start their online business and develop oppertunities for those who are suffering from unemployment.
as it is also the the major currency of trading which also help any individual to make something for daily basis.

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[mornabo]

Bitcoin is not able to overcome poverty in the country because i think bitcoin can only help the financial needs of some individuals and bitcoin has nothing to do with poverty but to reduce poverty i think it could. IMO

Yeah bitcoin can help financially users for better, but you know that not everyone uses bitcoin let alone poor people
of course bitcoin can not solve this problem. Bitcoin can only help by reducing the poor people in the world

[stompix]

I might be wrong but the most people at this forum are getting an extra income from companies that are advertising their services, soo the only thing being made is distribution of money, because when you buy someone is selling as the reverse, and with mining well you will need to pay the bills, soo the ecosystem does generate and distributes money to all. Sure for some people they are able to survive and get a better life with signatures earnings as well trading, but in the end bitcoin inst creating more money, but its putting it into circulation.

Why do we always thought that 'the only that could save poverty is MONEY'. I mean what kind of thought is this, does money really does this expectations you are making assumptions of?

Money will not solve poverty.
Think of all the lottery winners and what happened after they cashed in.

You can pour unlimited money in poor countries if the education will still lag behind in a short time they will be poor again.

And as you said bitcoin will not solve any problem.
Bitcoin can't make people work , can't make people learn how to write and read it can't suddenly make land good for agriculture.
Poor people will still be poor with fiat or with bitcoin.

[Zaun]

It's not the goal for Bitcoin to solve this problem. It's up to humanity in general to solve this problem. Bitcoin can contribute to it, however development countries where poverty arises are not aware on this technology nor do they funds to give everybody a pc/mobile phone to actually use Bitcoin .

[South Park]

Bitcoin is not able to overcome poverty in the country because i think bitcoin can only help the financial needs of some individuals and bitcoin has nothing to do with poverty but to reduce poverty i think it could. IMO

Imagine if bitcoin is used by all the poor people in the world and surely all of them will benefit from business and jobs in bitcoin and it will improve their financially and it will release them from poverty? But of course it is impossible for all poor people to use bitcoin

How come you think bitcoin will be used by poor people? Don't you see bitcoin is extreme luxury now?

I sometimes read very interesting things in this forum. Middle class people can't even reach bitcoin but you say it will be used by poor class. Next time, explain how please.

Bitcoin is not an extreme luxury, you are saying this as if we could only buy full bitcoin and that is simply not the case, you can buy lower amounts and then you can use that to make transactions on the network, the only real hurdle for bitcoin is that you need three things, electricity, internet and access to a computer.

[Rheachan1425]

I think Bitcoin can't end world poverty but it can lease poverty. Not all know BTC and use BTC like poor people don't have mobile or laptop to be used. But like us that we know BTC we can lease poverty by helping people around us. 

[MMA]

I think Bitcoin can't end world poverty but it can lease poverty. Not all know BTC and use BTC like poor people don't have mobile or laptop to be used. But like us that we know BTC we can lease poverty by helping people around us.  

yes i am also agree with you that bitcoin cannot end world poverty but i think it can only help and can be use as an agent of reducing the world poverty, because bitcoin is providing opportunities to people to make money from it. and in this way they have good opportunity to sell make money and fulfill all their needs that he cannot complete from anything else.

[Zenithar]

I think  can't end world poverty but it can lease poverty. Not all know BTC and use BTC like poor people don't have mobile or laptop to be used. But like us that we know BTC we can lease poverty by helping people around us.  

yes i am also agree with you that  cannot end world poverty but i think it can only help and can be use as an agent of reducing the world poverty, because  is providing opportunities to people to make money from it.

in fact bitcoin  is providing opportunities to trading, investment and even proving opportunities for making find job, therefore we can say that  is helping in reducing the world poverty. for example if a person is jobless and he has only one way to trade bitcoin and through this way he is fulfill their basic needs that he cannot complete in real life  because he do not have any job to earn money.         

[BeGoods]

I'm not sure about that. Well, that can solve the poverty of a country is only the government of the country. Although they use bitcoin with that purpose, I think it's still so difficult, because if it is not accompanied by a mature strategy, I think bitcoin is not able to solve the problem.

Even I think this is a very difficult task for the government though, just look at big country like united states, canada, etc, there are still many poor, homeless, etc who are in that country. The government will not be able to overcome poverty in full, let alone bitcoin?

[Anyobsss]

I'm not sure about that. Well, that can solve the poverty of a country is only the government of the country. Although they use bitcoin with that purpose, I think it's still so difficult, because if it is not accompanied by a mature strategy, I think bitcoin is not able to solve the problem.

Even I think this is a very difficult task for the government though, just look at big country like united states, canada, etc, there are still many poor, homeless, etc who are in that country. The government will not be able to overcome poverty in full, let alone bitcoin?

I agree. I also don't think bitcoin can end world poverty. Numerous people don't even know what bitcoin is. Especially, those people who don't have connection to internet such as people who live in the country like south africa and poor countries. Poverty can only be solved if the government focus on building infrastructures that will help people to grow and acquire knowledge like Schools and colleges. Education for me is very important and i believe that education is the key to world poverty. Education can end world poverty because if every person in the world have college degrees, it is like saying that every person in the world have job. If that happens there will be no single person who will die in hunger anymore.

[Netnox]

I think, bitcoin should be distributed evenly so that it can reduce and even eliminate poverty. The government played a major role in this.

Why should Bitcoins be distributed evenly? Those who worked hard to popularize it during 2010 and 2011 must be given a larger share, followed by those users who showed trust in it during 2012-14. Why should free handouts be given to those who refused to support Bitcoin?

[NoNetwork]

I think Bitcoin can't end world poverty but it can lease poverty. Not all know BTC and use BTC like poor people don't have mobile or laptop to be used. But like us that we know BTC we can lease poverty by helping people around us. 

Well as of what I'm thinking it wouldn't help them a bit. Only those who have interests, skills and knwoledge about Bitcoin are the ones that tends to progress.

[ASHLIUSZ]

I think, bitcoin should be distributed evenly so that it can reduce and even eliminate poverty. The government played a major role in this.

Why should Bitcoins be distributed evenly? Those who worked hard to popularize it during 2010 and 2011 must be given a larger share, followed by those users who showed trust in it during 2012-14. Why should free handouts be given to those who refused to support Bitcoin?

That's a good question, but when it comes to the government issuing bitcoin surely the evenly distribution is the must. As stated poverty is not that a small issue as we people consider, even when distributed based on the trust they have one cannot get rid of poverty. The best is to educate them and then distribute it in an evennly manner or in a similar manner to the support provided by the users.

[kryptqnick]

I don't know how Bitcoin End World Poverty? I also think removing poverty is not possible for bitcoin because bitcoin is not a magic .

Poverty is the hardest problem of each countries and it's being discussed by the world government. It can end individuals poverty but not all the people on this world are open minded with such technologies and specific with bitcoin. I believe it can help to reduce poverty but it can't really remove the main problem of people who lives in poor places.

This sounds reasonable. I live in a developing country and it is not one of the poorest ones. The money one can earn by working in a signature campaign is a bit higher than the minimum full-time salary. So, here it is a serious make that can make a difference when you have it every month. However, a lot of people don't speak English, so they wouldn't have been able to do the same thing. Almost nobody heard about bitcoin as well.

[GuppyMan]

I think that bitcoin will not put an end to world poverty, because it is money that you need to earn. In countries where there is no Internet, they simply can not even see bitcoin.

[micher143]

I think that bitcoin will not put an end to world poverty, because it is money that you need to earn. In countries where there is no Internet, they simply can not even see bitcoin.

Yeah that is right but if you will see the large aspect of bitcoin impact to the society it is the new way of earning because in the past the earning needs hard work but now you only need a gadget, internet and some time to earn the bitcoin so it is gradually reducing the poverty but it can't totally ended somehow but is helping to reduce the cases of it.

[B.A.S.]

Bitcoin can both end poverty, and make some of the population even poorer.  Crypto currency is primarily a currency

[HardCrack]

bitcoin cant end world poverty i think it could be lessen the poverty but it will never end because many people that is lack of knowledge what bitcoin is unless someone will volunteer to donate gadgets, free internet and discuss what is bitcoin all about on the people that cant afford to buy any gadgets that serve them as reference on how they can earn money in bitcoin.

[Coffee135]

Poverty can be eradicated the desire to work. The more you work the more skills you gain and the higher your salary will be in the future. Bitcoin is only one of the currencies in which you can get income.

[NoNetwork]

Bitcoin can both end poverty, and make some of the population even poorer.  Crypto currency is primarily a currency

What nonsense! You said that Bitcoin can end poverty but you're also saying that it'll only make them poorer. And you added that cryptocurrencies are just primarily currencies? Wow you've done a lot of research there my friend.

No matter how Bitcoin progress, it can not end world poverty. And Currencies have different characteristics of their own.