Can Bitcoin End World Poverty?

[masterwakokok7]

Truly bitcoin can do good things to the world. But, to end a poverty? I guess that's impossible. First of, even though this generation do have access to adv. technology. Still, some can't afford to buy a cellphones, PC or Laptops. How would they know about the bitcoin? Poverty is truly a disease and curse to this world. Most likely, It is impossible to end poverty in reality. Let's say Philippines, I leave here and Yes, We are one of the poorest countries in the world. Poverty rate is high, Even the current government can't put a stop to this.

[StevenRA]

It seems like this makes major assumptions about internet access and technological infrastructure that in much of the developing world just aren't there yet.

[Valzzz005]

For me i think so.. 


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

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For me it's a big no, it is a world poverty, how does bitcoin can resolve that. By teaching them how to use it? It can be hard for us to accommodate them there are a lot of them. And the next thing is internet connection are not everywhere it is not free, who will provide them. And a lot more stuffs to think about, look at the different perspectives, bitcoin is not a magic wand

[AMHURSICKUS]

No, poverty is one of the massive problem of the world. Bitcoin help us to earn money. But not all people know about bitcoin and some people can`t afford to buy cellphones or other gadgets. And as an a ordinary job, we have to work very hard to be able us to earn money.

[JL421]

In my opinion can really solve the world's poverty if all countries accept bitcoin. And bitcoin that ends the poverty that is in this part of the world.

Wait what how will accepting bitcoin in a country end poverty as to use bitcoin one needs a phone with internet but when those people are in poverty which means they can't even have baaic necessities like food , water then how will they be able to get bitcoins

[justdimin]

I've seen previous comments about this. I see it damn hard, you can only do campaigns, but ending with the entire poverty never.
I wish it could be a solution, but it's not.

It is the solution if you are willing that poverty will be end. So kindly provide them instead of some money teach them and give them some knowledge about bitcoin and send them some bitcoin instead giving a little amount of money. So it is better idea to go institute where poor people lives there poor life. So go there teach them about bitcoin. Because not a single bitcoin can finish poverty. By helping through us it can.

[CryptoGeneral]

No! Why should any currency end greed and fear? Both are factors that need to be eliminated to end poverty.

[therewolfslim]

There are 2 strong reasons i think this is impossible:
1 - Poverty problem is too advanced in numbers and if you could finish whith it how do you ensure those people will be productive in society if they always have lived in hard conditions.
2 - People won't like giving too much money for this cause.

[sandrun]

Bitcoin is a very nice virtual currency to use. I think bitcoin can overcome a person's poverty and can also make people become poor. We know with the rising bitcoin prices we unknowingly benefit from bitcoin. If we buy bitcoin at the price of 2500 $ yesterday, and the price is now 3000 $ of course we will get profit so we get the money. But we need to be careful because the price of fluctuating bitcoin makes us sometimes get a loss if we are wrong in using bitcoin. If you experience an eating loss you are prepared to be poor. Hope it does not happen to you

[basyang]

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

     I agree to you, I think Poverty is a instinctive problem of every country and all of us want money because of our needs. Bitcoin is money and just like money its value is same as other currencies, So I do not think bitcoin can end world poverty even other currency can not helped to end it.

    In my opinion, to help bitcoin to less the poverty in the world, We need to instruct them on how bitcoin work and how to earn it, through this we can help a people to reduce their indigence.

[thepolarbear]

Bitcoin is not a genie that can grant the world wishes especially stopping the begarry. Yes ! bitcoin do help some of us in terms of it offers earnings to the one who uses the bitcoin but it cannot end the world's poverty because not all the citizens of the Earth are that hardworking and knowledgeable about the bitcoin to be part of this org. and also bitcoin was not build to end the world promblems. And many places out there still don't have electricity, internet and ofcourse can't afford to buy technologies so how do they connect and interact in bitcoin ?

[South Park]

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

Of course not, that is communism, communism has showed time and time again that it does not work, that it kills more people in times of peace than any capitalist country could in times of war, there are always going to be differences in income that is something we need to accept.

But it was pretty funny in communism.
Nobody was poor. We all had money.

We didn't have food to buy, no heat in winter, no hot water electricity shortages but by the book we were all employed with self sufficient wages.

Now the new trend is socialism but it works just as good as communism. Venezuela for example.

Lol, but you are right, communism tried to sell the idea that it works but it does not, now socialism is taking root everywhere but it is nothing but a toned down communism, at some point they are going to run out of money and when that happens, what is happening at Venezuela at the moment is the result, repression, arrest of political opposers, lack of products and services, this proves once again that there is not such a thing as a free lunch.

[Clavulanic]

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

Of course not, that is communism, communism has showed time and time again that it does not work, that it kills more people in times of peace than any capitalist country could in times of war, there are always going to be differences in income that is something we need to accept.

But it was pretty funny in communism.
Nobody was poor. We all had money.

We didn't have food to buy, no heat in winter, no hot water electricity shortages but by the book we were all employed with self sufficient wages.

Now the new trend is socialism but it works just as good as communism. Venezuela for example.

Lol, but you are right, communism tried to sell the idea that it works but it does not, now socialism is taking root everywhere but it is nothing but a toned down communism, at some point they are going to run out of money and when that happens, what is happening at Venezuela at the moment is the result, repression, arrest of political opposers, lack of products and services, this proves once again that there is not such a thing as a free lunch.

I think those were really a broad discussion for this matter mate,  but you're really awesome in explaining those ideas about ending world's poverty. Then nothing would happen if a person dosn't want to adopt the learnings on how he/she would learn everthing for bitcoin. It's so hard to motivate people if their minds were so closed and never open new doors for better opportunity in the future and here with bitcoin it's already revealed actually, and it's really promising as it will really help supress poverty but not totally removing poverty.

[dmamigo]

I've seen previous comments about this. I see it damn hard, you can only do campaigns, but ending with the entire poverty never.
I wish it could be a solution, but it's not.

It is the solution if you are willing that poverty will be end. So kindly provide them instead of some money teach them and give them some knowledge about bitcoin and send them some bitcoin instead giving a little amount of money. So it is better idea to go institute where poor people lives there poor life. So go there teach them about bitcoin. Because not a single bitcoin can finish poverty. By helping through us it can.

I don't think only knowledge about Bitcoin can end proverty, they need to be taught about various other things and also the facilities for them should be established.
Just knowing about Bitcoin without being able to have the opportunity to use it not knowing, how to use computer and internet won't really help.

Bitcoin is a far more advanced, just proper education and proper initiatives by government can easily end poverty.

[AntiMasque0]

You certainly can feed some poor people with BTC help, but the food will last a short time and then they will be waiting for more help. Donating things to them is not a solution and also is impossible to end with world poverty. They need preparation and skills if they want to take part of this world. 

[bitllionaire]

Bitcoin can not put an end to world poverty. This is an electronic currency, not a magic wand. In order to get bitcoin you need to earn it or earn another currency and exchange it for bitcoin.

yes that is right that bitcoin cannot end world poverty but still it can help us to over come it for a little. it can give opportunity to poor people to make money from bitcoin and earn their livelihood.

[mostkey]

Bitcoin can not put an end to world poverty. This is an electronic currency, not a magic wand. In order to get bitcoin you need to earn it or earn another currency and exchange it for bitcoin.

yes that is right that bitcoin cannot end world poverty but still it can help us to over come it for a little. it can give opportunity to poor people to make money from bitcoin and earn their livelihood.

When you talk about living, there are many who earn a living / get a job from bitcoin, but this is only for those who understand the virtual world.
At this time may be said 50-70% of the world's citizens have been able to make money from bitcoin

[Pejoh Asu]

Bitcoin can not put an end to world poverty. This is an electronic currency, not a magic wand. In order to get bitcoin you need to earn it or earn another currency and exchange it for bitcoin.

yes that is right that bitcoin cannot end world poverty but still it can help us to over come it for a little. it can give opportunity to poor people to make money from bitcoin and earn their livelihood.

Yes, the end of poverty is education and the economic system that supports the people. The government is very important because it regulates that all regulations are from the government.

[HasHe]

Bitcoin will not end the world poverty.Poverty rate is very high in the world and bitcoin supply is only limited to 21 million coins.More over,bitcoins could be only accessed if one has an internet connection and internet connection is not evenly available through out the world.So,bitcoin may make more people rich but could not eradicate poverty through out the world.

[hurain]

Bitcoin can not put an end to world poverty. This is an electronic currency, not a magic wand. In order to get bitcoin you need to earn it or earn another currency and exchange it for bitcoin.

yes i am also agree with you that bitcoin cannot end the world poverty but i think it can only control it and can only help people to reduce it, i think there are a lot of people who are jobless in real world but still they are getting a good amount of money from bitcoin trading and are leading their live.