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Author Topic: Can Bitcoin End World Poverty?  (Read 62993 times)
priormartyr52
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July 07, 2017, 09:40:02 PM
 #221

Forbes aticles sometimes are so positive, i really don't think a problem like that can be solved with bitcoin, we are so far from ending with world poverty.
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July 07, 2017, 11:00:49 PM
Last edit: July 11, 2017, 01:20:59 AM by MMA
 #222

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.
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July 07, 2017, 11:35:08 PM
 #223

Forbes aticles sometimes are so positive, i really don't think a problem like that can be solved with bitcoin, we are so far from ending with world poverty.
I think it would be difficult to do let alone not everyone can use or even do not know bitcoin. But at least it can reduce poverty in the world. Can you see a lot of people that their lives get better because work and get profit in bitcoin?
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July 07, 2017, 11:46:43 PM
 #224

Forbes aticles sometimes are so positive, i really don't think a problem like that can be solved with bitcoin, we are so far from ending with world poverty.

The world does not rely in an article.  and remember it is  a piece of work where the author wanted to attract interest from the audience so there are some exaggeration and fairytale in those articles to be able to satisfy their readers.  I do not think Bitcoin can end the world poverty because it is hard to access by the poorest of the poor since we need gadget and internet access to be able to join its community and transact with it.  And these people does not have any money to buy this things so how can they have access to bitcoins?
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July 07, 2017, 11:49:54 PM
 #225

Forbes aticles sometimes are so positive, i really don't think a problem like that can be solved with bitcoin, we are so far from ending with world poverty.
I think it would be difficult to do let alone not everyone can use or even do not know bitcoin. But at least it can reduce poverty in the world. Can you see a lot of people that their lives get better because work and get profit in bitcoin?



I am also one of the people who have felt the power of bitcoin ,,
Very very felt that bitcoin income that I have able to meet all the daily needs .., even more than that I was able to pay off the debt and can get the goods I want with quite easily ..
NEWGOODOUBLE
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July 07, 2017, 11:53:26 PM
 #226

Forbes aticles sometimes are so positive, i really don't think a problem like that can be solved with bitcoin, we are so far from ending with world poverty.
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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July 08, 2017, 12:13:35 AM
 #227

Forbes aticles sometimes are so positive, i really don't think a problem like that can be solved with bitcoin, we are so far from ending with world poverty.
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
Bitcoin will not end the poverty but the individual who are hardworking and have perseverance to earn money will end that in his life because for me we need a poor, middle and high class in the society for the society function will be balance and with that poverty is not a problem but a normal state for everyday life.

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July 08, 2017, 12:24:52 AM
 #228

Forbes aticles sometimes are so positive, i really don't think a problem like that can be solved with bitcoin, we are so far from ending with world poverty.
I think it would be difficult to do let alone not everyone can use or even do not know bitcoin. But at least it can reduce poverty in the world. Can you see a lot of people that their lives get better because work and get profit in bitcoin?

I am also one of the people who have felt the power of bitcoin ,,
Very very felt that bitcoin income that I have able to meet all the daily needs .., even more than that I was able to pay off the debt and can get the goods I want with quite easily ..

It's power is not enough to make the World's poverty gone, we all know that it is not powerful enough today because there are only still a small amount of people using bitcoin compare to the population of the whole world.
You are just saying things like that because bitcoin is easy to earn from these signature campaign and with the help of these forum. There are also altcoins that can be converted to bitcoin. I earned bitcoin from a lot of signature campaigns too, but I will be keeping that coins until I saved enough for my family.
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July 08, 2017, 02:17:40 AM
 #229

For me no... because bitcoin is simply just a currency unlike other real currency like dollars... have you seen dollars end world poverty.. No... But bitcoin does offer good ROI if you buy it and sell high
megynacuna
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July 08, 2017, 03:52:12 AM
 #230

For me no... because bitcoin is simply just a currency unlike other real currency like dollars... have you seen dollars end world poverty.. No... But bitcoin does offer good ROI if you buy it and sell high

I agree with you that it cannot end poverty in the world because it wasn't primarily intended for that but on a second thought if we could all get paid to work online no matter how remote we find ourselves with the help of the internet and the blockchain technology then it makes some sense that most poor people that are capable of using computers can work online no matter their location and get paid with Bitcoin and in the long run could be eradicating poverty.
Mahanton
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July 08, 2017, 03:58:08 AM
 #231

No it cant end world poverty since we do all know even world fiat currencies cant still solve this global problem as long there are greedy people on the top, this would really never end and its already a normal thing in the society that there are lots of poor people. Bitcoin is just like money and you cant earn it if you dont have proper apparatus on accessing it like internet. We do know poor people dont have internet on their own houses and dont much money to stay online in front of a pc.

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July 08, 2017, 08:02:32 AM
 #232


I really think it will not entirely end poverty, because if a person does not have such knowledge in such feat I think it is very impossible for someone to just invest in bitcoin and hope it will take a leap up then boom your investment will automatically just make you a billionaire, It will really take a serious teachings to someone to really understand bitcoin, well a 12 year old become a billionaire because of bitcoin because he has skill and knowledge with it, but for a country to get up to poverty I think poverty will never end even in the richest and largest countries will always have poverty.

Well, i really don't think that using bitcoins will end the poverty because that's kinda massive. To end the poverty of a person using bitcoins, they need to have skills and knowledge about bitcoins first and starting it from now will be a good advice. And if you are saying that the country needs to get up to poverty? well that is very hard to achieve because even the the rich people become poor because of so many reasons.
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July 08, 2017, 08:55:46 AM
 #233

No it cant end world poverty since we do all know even world fiat currencies cant still solve this global problem as long there are greedy people on the top, this would really never end and its already a normal thing in the society that there are lots of poor people. Bitcoin is just like money and you cant earn it if you dont have proper apparatus on accessing it like internet. We do know poor people dont have internet on their own houses and dont much money to stay online in front of a pc.
Bitcoin isn't just a digital currency. It's significant for businessmen that used to deal with other countries. This currency makes partership easier since the cost for making transaction with bitcoin is low thus they are able to transact with satisfaction. More business would result to higher economy and lesser poverty.

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July 08, 2017, 09:45:48 AM
 #234

It seems little sarcastic to me. Bitcoin can only be used by people who knows the internet and all the huddles behind blockchain technology. I don’t think poor people will have access to internet that easily and moreover don’t think the would take interest in the bitcoin technology. Why would they? They are poor may not have computers too.

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July 08, 2017, 09:50:53 AM
 #235

For me no... because bitcoin is simply just a currency unlike other real currency like dollars... have you seen dollars end world poverty.. No... But bitcoin does offer good ROI if you buy it and sell high

The world is big and I doubt too that bitcoin will end poverty. Only few people will benefit on fighting poverty with bitcoin. But once the government started to educate people about bitcoin, I guess this will help their citizens to have a better way to fight poverty and just spread the word all around the world.

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July 08, 2017, 09:58:47 AM
 #236

For me no... because bitcoin is simply just a currency unlike other real currency like dollars... have you seen dollars end world poverty.. No... But bitcoin does offer good ROI if you buy it and sell high

The world is big and I doubt too that bitcoin will end poverty. Only few people will benefit on fighting poverty with bitcoin. But once the government started to educate people about bitcoin, I guess this will help their citizens to have a better way to fight poverty and just spread the word all around the world.

You can really help spreading the word by means of communications and social media can be our bridge beyond our troubled life of proverty nowadays. Actually poverty is a daily part of our lives since we are kid but to make a clearer overview that it's not the fault of our parents that we're in poverty but It's our fault if we die enheriting poverty or direct term as poor person. With that dedication and hardwork and through your motivations of bitcoin, I am confident that we'll supress proverty around thr world but we cannot end it up totally.
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July 08, 2017, 10:07:02 AM
 #237


Bitcoin can certainly ease the difficulity of finding people to provide micro-lending and micro banking on a large scale.
It allows individuals to control their assets and have their own bank accounts without fees for the most part except when using it, the only downside is the requirement of some form of technology to use it but that can be addressed with a cellphone so its not entirely hopeless for the ultra poor to get a cheap phone wallet to use.
At the very least its a powerful disruption.

Believing in Bitcoins and it's ability to change the world
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July 08, 2017, 10:19:54 AM
 #238

In a utopia, ideal world, it could. Realistically though, world poverty won't end, Bitcoin doesn't have anything to do with it, it's a cryptocurrency.
Educating people about Bitcoin might improve someone's life if we consider that he might start earning money by doing so. Thus, it can definitely
help someone financially but it cannot solve a world wide issue like poverty, it doesn't work that way.

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July 08, 2017, 10:27:11 AM
 #239

In a utopia, ideal world, it could. Realistically though, world poverty won't end, Bitcoin doesn't have anything to do with it, it's a cryptocurrency.
Educating people about Bitcoin might improve someone's life if we consider that he might start earning money by doing so. Thus, it can definitely
help someone financially but it cannot solve a world wide issue like poverty, it doesn't work that way.

No, once you call it an ideal world, everything must be nice, that's the standard of it. So there will definitely be no hungry people.
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July 08, 2017, 11:08:25 AM
 #240

Bitcoin can not make everyone rich, because he is not a fantastic tool. It can only help those who are willing to take risks and who have the Internet. In general, no currency is capable of destroying poverty.

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