Can Bitcoin End World Poverty?

[Charisse1229]

I think it is save poverty in this world IF! Other peoples know about this kind of transaction, and know about in this bitcoin forum, i hope a lot of people know about this. Because i want to help in this kind of way.

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[Macai]

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

Yes I'm also thinking that. How bitcoin will going to help those countries who are not been developed and are not yet utilizing technologies. But we should always be optimistic that bitcoin will going to end world poverty even not now but soon.

[Obytwenty]

yes you are right BTC Can  End World Poverty by made additional job to those have limited income  and others  without job

[deejhay]

Leta say someone give your country million bitcoin, does that solve poverty? No.
Bitcoin is just a currency, how government would use it to implement projects is what will solve poverty. No matter how much bitcoin the every country have if they fail to use it in improving their economy, then it doesnt solve anything.

[Stgsurya]

It's the payment system. It's the Blockchain encryption.
 And there are interesting things. I think Bitcoin, or the, really, Blockchain encryption that's behind it, has a greater ability to bring more of the world's population out of poverty than anything we've seen in

[Casabrandy]

It's the payment system. It's the Blockchain encryption.
 And there are interesting things. I think Bitcoin, or the, really, Blockchain encryption that's behind it, has a greater ability to bring more of the world's population out of poverty than anything we've seen in

If only all poor people can be reach or have idea on btc or crypto as a job ,i think it can really do change once poverty to a better one. Bitcoin is not that popular yet. That's why everytime there's someone ask me like officemates out of nowhere ask me, it got me interested to teach some ideas too.

[valentine401]

In my point of view, It cannot. Not everyone have an internet connection or computer in their house. Next thing, Not every people have a proper knowledge to know more about technology. I do not even think that your grandma can still use facebook. So it means that it really takes to learn even the basic use of computer.

[Latviand]

For me i think so.. 


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

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BTC is not a magical potion that can suddenly make all the world's problem disappear as some people think that it grows money out of your hand. BTC still requires willingness to take risks, understanding the market and other variables. It is not a genie in the bottle.

[Lubang Bawah]

The main problem of poverty is the uneven distribution of financial channels, most of the poor are blocked from access to finance such as government assistance, bank aid and so on. the presence of bitcoin can be a solution to overcome poverty.

[seattletu]

I think no, on the grounds that everybody of us have their convictions in life. Bitcoin can't end the universe of poverty, some are have confidence in bitcoin and some are definitely not. Needy individuals are takes after just what have their see or what is ordinary life, yet individuals have their great life are discover another approach to change their life. That is the reason some are rich and some are poor. So Bitcoin is not the best approach to end World poverty, just a few people change life.We all must attempt to educate in any event little measure of people groups about bitcoin and how to procure them. In the event that we do as such, Bitcoin will beat destitution from the world.

[Aztek]

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.

Bitcoin could truly be an instrument or a tool aiming to end some particular issues on the society. It is because bitcoin is a form of crypto-currency that is a part of technology and one of the purpose of development is to serve as an aid for innovation and growth in terms of transactions, investments and tradings.

[Webetcoins]

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.

Well you are right to some extent according to me bitcoin is not the magic for being rich you will have to work even if you are using bitcoin you cannot get anything without doing anything because poverty can arouse the desire to work. The more you work the more you gain skills and then the more your salary will be in the last. Bitcoin is the source to make money through doing hard work and long term wait.

[Oggy Pogi]

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

I dont think so, of all moderators here are willing to donate some it will happen, it jusst a coin in bitcoin in helping to send good and personal material that people need there. I think bitcoin has a big potential to eradicate poverty worldwide in the sense that governments has no right to corrupt every cents that will help people.

[sariz12]

Im my own,I think It save poverty in this world when some other people know about Bitcoin or they know about this transactions..I think we should tell this to others that they've not already know this so in that way we helps some people who need this..

[umbara ardian]

can be. but that's all not easy. not everyone who knows bitcoin get rich they are less understanding about how to hold bitcoin. so here must be a role of government to introduce and use useful bitcoin to the community. of course the government would refuse not want to take risks. actually bitcoin can improve one's finances but not for poverty

[dynospytan]

It might decrease the poverty rate but it will not end it. We all know that most people who are experiencing poverty lacks of knowledge. I mean maybe some of them don't know how to read something like that. So for you to earn bitcoin you must atleast know how to read or understand. And one problem also is they don't have internet. We all know to earn bitcoin we need an internet.

[Kiweikoo]

I think that bitcoin will not set an stop to entire world poverty, simply because it is funds that you want to generate. In nations the place there is no Web, they simply can not even see bitcoin.

Exactly, it is not all the economy which makes the people poor or rich but a lot of factors as well as you mentioned. As far as ending of poverty is concerned, I think Bitcoin can play a vital role in it but of course it cannot do it all alone. It is just not possible for Bitcoin to end up the poverty. There needs to be other ones too who need to play their parts.

[Freshmen]

Not totally yes because many of people or many people that lack of money don't have any of gadgets like mobile phone that's why they don't know about cryptocurrency.

This is right, lack of resources or the thing which are mainly needed on engaging on bitcoin would really be a big blockage on such adoption or awareness on bitcoin.Poor people doesnt have these kind of stuffs even having a capable mobile and how much more on having an internet connection.They would rather choose up on making things that would make them survive.

I think Bitcoin will be a one of the vital factor which can serve the purpose. It is just the beginning, it will keep on doing such sort of wonders and will result in more and more money for the ones who invest in it. But saying this that Bitcoin will eradicate the poverty entirely all alone is nearly impossible.

[SHANTA]

In overseeing cash, we ought to oversee additionally your chance in light of the fact that winning cash is not that simple quite recently like when we are working in the organization your opportunity is truly required with the goal that you will paid the organization. Furthermore, that is the reason time is imperative since time can never be recapture.

[rocketbits]

The main problem of poverty is the uneven distribution of financial channels, most of the poor are blocked from access to finance such as government assistance, bank aid and so on. the presence of bitcoin can be a solution to overcome poverty.

You have explained one of the main reasons for poverty all over the world. This is utterly because of the unjust distribution of financial assets. Those who have oil, gold etc in their land are not willing to share it with poor countries. We need to sue world resources equally to put an end to poverty.