Can Bitcoin End World Poverty?

[yonjitsu]

I could not say that this question is answerable with yes but maybe in the future since Information Technology is for everyone, but unfortunately, not all countries have access to the world wide web or the cyberspace that makes a big gap between humankind and technology.

For now, i would leave it to no.

[mornabo]

i doubt it, in reality the rich will buy up bitcoin before the poor can and will own a large percentage of it. It can help them if they have enough money to save, but that wont help poor people in the moment. Most poor people cant afford and bitcoin because they are living paycheck to paycheck.

I think they do not have to buy bitcoin first, I know the price of bitcoin is expensive and it only has a little money, and they will not be able to use their money for investment. They can get bitcoin for free of course with patience, they can benefit and improve their lives

[iyan33]

With bitcoin they can have a chance to earn a decent income that is able to meet their living expenses. Although this certainly requires knowledge and ability to take advantage of existing advantages in bitcoin.
However if you to learn about bitcoin of course we will be able to get bitcoin well and able to make Bitcoin as source of income.

[rjbtc2017]

For me i think so.. 


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

READ MORE:

Ending poverty has no assurance but easing and make their living easier may be the best answer and it is still depends on the holder of bitcoin, will that person participate on helping to end poverty?. But, we cannot conclude just like everyone is posting here, it may or may not only time will tell, but wholeheartedly, i can say that this could be possible, let's be hopeful.

[n0ne]

i doubt it, in reality the rich will buy up bitcoin before the poor can and will own a large percentage of it. It can help them if they have enough money to save, but that wont help poor people in the moment. Most poor people cant afford and bitcoin because they are living paycheck to paycheck.

I think they do not have to buy bitcoin first, I know the price of bitcoin is expensive and it only has a little money, and they will not be able to use their money for investment. They can get bitcoin for free of course with patience, they can benefit and improve their lives

Bitcoin to end world poverty is an tedious process, because bitcoin is an storage token that helps the elite people to keep hold of a large amount. In terms of world poverty What's required to eliminate the poverty level is by educating the people around the world. When one is educated automatically they will start earning through some way.

[NoNetwork]

Definitely not. More precisely, reducing poverty in the world because it is impossible to eliminate all poverty in the world. The cause of world poverty is very complicated. So how can poor people buy it if they do not have internet access. Bitcoin is only beneficial for some people.

I agree that Bitcoin cannot eradicated world poverty. It is indeed a result of many phenomenon, such as war, disease outbreak, lack of fundings (like in communist countries, they prefer military than the welfare of the citizens) etc.

Indeed you need internet but you don't need to buy Bicoin earn, there are many ways.

[Theb]

For me i think so.. 


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

READ MORE:

Ending poverty has no assurance but easing and make their living easier may be the best answer and it is still depends on the holder of bitcoin, will that person participate on helping to end poverty?. But, we cannot conclude just like everyone is posting here, it may or may not only time will tell, but wholeheartedly, i can say that this could be possible, let's be hopeful.

You are right in saying that it always depends on the person jolding the Bitcoin or the money because even if someone handed a solution for you in having the money the individual always has the decision on where to spend it. For example there is a cash incentive given by the government instead of using it for investment they will ise it on gambling, beer, and other vices in which won't fix our problem with poverty. I think that we need to invest more in the education of these people before giving them a solution for money.

[carlerha]

Definitely not. More precisely, reducing poverty in the world because it is impossible to eliminate all poverty in the world. The cause of world poverty is very complicated. So how can poor people buy it if they do not have internet access. Bitcoin is only beneficial for some people.

I agree that Bitcoin cannot eradicated world poverty. It is indeed a result of many phenomenon, such as war, disease outbreak, lack of fundings (like in communist countries, they prefer military than the welfare of the citizens) etc.

Indeed you need internet but you don't need to buy Bicoin earn, there are many ways.

yes that is right in fact that is not so easy job, because still majority of people even do not know about bitcoin and most most the people are even illiterate and therefore they do not have any opportunity to learn about bitcoin and getting profit from it.

[iMark]

Definitely not. More precisely, reducing poverty in the world because it is impossible to eliminate all poverty in the world. The cause of world poverty is very complicated. So how can poor people buy it if they do not have internet access. Bitcoin is only beneficial for some people.

I agree that Bitcoin cannot eradicated world poverty. It is indeed a result of many phenomenon, such as war, disease outbreak, lack of fundings (like in communist countries, they prefer military than the welfare of the citizens) etc.

Indeed you need internet but you don't need to buy Bicoin earn, there are many ways.

Yeah thats is true, I think the problem of poverty does not happen just for the reason of not having a job but more complicated than that. Maybe if poverty is just because of not having a job, then bitcoin can provide help to get out of poverty but the problem is more than that, such as a lack of resources, lack of knowledge, lack of experience, etc.

[KingdomHearts]

For me i think so.. 


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

READ MORE:

Interesting read. I think Bitcoin can help lessen the world's poverty, in fact this is already happening, but it's happening at a very slow pace, the biggest change has to come from people themselves.

Yes, you really shouldn’t blame some people for not using bitcoin or for not knowing about it. There are people who doesn’t have access to internet, or can’t afford to pay Internet bill. So you don’t really need to blame them. You will never know this until they tell you. They don’t have money for food, so they need food before talking about internet.

[yadi cihuy]

Maybe if everyone in the world knows bitcoin and invests bitcoin. Poverty in the world will be resolved. Bitcoin will give them a lot of income. Maybe the world needs to know bitcoin. So that all people in the world are far from poverty. I think this is an effective way to eliminate the poverty that exists in the world. See bitcoin as a good and profitable investment. I'm sure if all countries legalize bitcoin .. maybe a big change will happen. Poverty will decrease

[Buttercup123]

For me i think so.. 


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

READ MORE:

Definitely "No", but it can ease people suffering by earning a profit enough for him/her. But in the end, bitcoin can only contribute to lessen a portion of financial problem. A massive problem like poverty, bitcoin is not sufficient to end a thing like that. Bitcoin can only do a little thing regarding poverty, one such problem is not gonna end that easily.

[Xester]

Maybe if everyone in the world knows bitcoin and invests bitcoin. Poverty in the world will be resolved. Bitcoin will give them a lot of income. Maybe the world needs to know bitcoin. So that all people in the world are far from poverty. I think this is an effective way to eliminate the poverty that exists in the world. See bitcoin as a good and profitable investment. I'm sure if all countries legalize bitcoin .. maybe a big change will happen. Poverty will decrease

I agree with you.  Bitcoin can help at least lessen the poverty in the world.  So the first step would be for each country to legalize bitcoin then people will be aware of it.  Of course knowledge in computer is required also supply of electricity and internet connection would be necessary.  And important is the knowledge in bitcoin as it is the real reason that they can able to earn money.  Even out of school people from different level and different gender can earn through bitcoins. 

[dunfida]

It is truly possible because Bitcoin is not like those riches who are getting richer themselves exploiting poor people's hardwork, but Bitcoin gives opportunity to those lower or mid level type laymen too in order to think to invest in such a giant and make up a living...
Those who have had taken the opportunities and bought few even when the price was $250 once, they must be having at least 10x of what they sowed...

You said was right but this is just only good for those who did believe on bitcoin on earliest days and considering on the number of those people its just really a small count on the total population who do suffer poverty. I cant see that bitcoin would able to solve or end world poverty knowing that not all people do have knowledge about bitcoin and engaging on it would really require net connection which we can see that they don't even have a pc nor a mobile phone.

[Coins and Hardwork]

Definitely not. More precisely, reducing poverty in the world because it is impossible to eliminate all poverty in the world. The cause of world poverty is very complicated. So how can poor people buy it if they do not have internet access. Bitcoin is only beneficial for some people.

I agree that Bitcoin cannot eradicated world poverty. It is indeed a result of many phenomenon, such as war, disease outbreak, lack of fundings (like in communist countries, they prefer military than the welfare of the citizens) etc.

Indeed you need internet but you don't need to buy Bicoin earn, there are many ways.

Yeah thats is true, I think the problem of poverty does not happen just for the reason of not having a job but more complicated than that. Maybe if poverty is just because of not having a job, then bitcoin can provide help to get out of poverty but the problem is more than that, such as a lack of resources, lack of knowledge, lack of experience, etc.

I think you right. Most of us here are having an easy way to earn bitcoin while they are having a hard time earning some money they can use to help themselves for their everyday expenses. Most of them are so lazy they are just relying on their family members to give them or they are just disabled that they can't find a job for themselves.

[Black Lizard]

This is impossible, bitcoin can't end world proverty. if we give 1 kg of gold to all the poor in the world, then a year later they will be poor again. Poor is due to the attitude of those who do not want to think for a better life.

[ewonardo]

Poor is because of many desires. More desires, poorer we are, because rich and poor are relative. Bitcoin able to reduce poverty, and people who are observant will gain wealth from bitcoin. And what remains of the poor just slackers.

[Aleister Crowley]

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.

Poverty in the world can not possibly be lost, but with the education of bitcoin, maybe a little to minimize poverty in the world,
Indeed almost all users of this forum have income from campaign, and I really like your willingness to save for family, I like that

[ydrogios]

Poor do not have $10 000 to spend on mining equipment, nor do they have access or knowledge to pick and buy a potentially profitable altcoin at the ICO stage to invest in $10, go from $0.04 to $4000 and get out of poverty. So no, I don't believe Bitcoin can eliminate poverty, but stopping the social security aid, free sharing of the farmland to the poors and hard work on their side - can.

[Anarchist]

Did you know in Zimbabwe, where the country is experiencing a serious liquidity crisis, economists are even pushing for Bitcoin to become an official means of payment