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Kronos21
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August 19, 2017, 03:07:12 PM |
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Actually knows about bitcoin much less people than on earth of the poor. Bitcoin can not cope with this problem. It's not his problem. Bitcoin was created entirely for other purposes. We are now seeing only the beginning of the redistribution of world income in the direction of justice.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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djkyno
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August 19, 2017, 03:21:14 PM |
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Bitcoin's can't end poverty worldwide. That's obvious because you need connection and paying for internet at least, in order to earn bitcoin or just use it, poor people haven't the money even to eat, I dont think they have money to pay for Internet connection.
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roll on
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August 19, 2017, 03:34:49 PM |
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I don't see how bitcoin is helping people in Africa getting food or avoiding wars.
You"re right in that point due to severe poverty happening particullarly in Africa,poverty leads to war because some people who are greedy and uncontented on what they have.Also because of war caused by poverty that may also leads to starvation,famine and lack of food.It is impossible for Bitcoin to end the world poverty but for some instances maybe Bitcoin might lessen the count or number of people we can consider as poor people. |
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Lordshiva
Full Member
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Activity: 840
Merit: 126
Welcome back 🙏
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August 19, 2017, 03:36:19 PM |
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Still i dont understand that how bitcoin can end the whole worlds poverty.i think its impossible but yes it could surely end poverty of those who are into it and putting some effort towards it.
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Xester
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August 19, 2017, 03:37:47 PM |
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Bitcoin's can't end poverty worldwide. That's obvious because you need connection and paying for internet at least, in order to earn bitcoin or just use it, poor people haven't the money even to eat, I dont think they have money to pay for Internet connection.
Yes that is true. People who uses bitcoins must have access with computers or smartphones. And of course there should be a connection because bitcoin is a crypto currency. It cannot end poverty but it can help people fron atleast having a living. Those who are poor yet have education and understand bitcoin can earn good income through it. |
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bakkang
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August 20, 2017, 06:32:58 AM |
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Bitcoin is not a magic wand which will end world poverty. It simply doesn't have the power to end such a massive thing. Also bitcoin is not a payment system anymore. We have moved to a different goal long back, when the confirmation time increased and transaction fees hiked. These confirmation time and transaction fees is going to be increased again and again. So we will move from the initial goal further.
Bitcoin has now purely became an investment asset. IT can provide a huge return which any other conventional investment will never be able to offer ever. So I take bitcoin purely as an investment and a trading asset. I earn profit and keep it for the future.
Yes you're truly correct because bitcoin is not a magic wand to quickly change or aid poverty. Bitcoin can never aid the poverty in the whole country if people are not interested with bitcoin. Bitcoin has the ability to change someone as long as you are interested with it. If every people is interesting with bitcoin then I can say that bitcoin can aid poverty. |
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ankit10
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August 20, 2017, 06:55:12 AM |
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Bitcoin's can't end poverty worldwide. That's obvious because you need connection and paying for internet at least, in order to earn bitcoin or just use it, poor people haven't the money even to eat, I dont think they have money to pay for Internet connection.
Yes that is true. People who uses bitcoins must have access with computers or smartphones. And of course there should be a connection because bitcoin is a crypto currency. It cannot end poverty but it can help people fron atleast having a living. Those who are poor yet have education and understand bitcoin can earn good income through it. Or we can say Bitcoin help middle class people to earn more or to earn easy money. Removing poverty from world or any country is impossible because it need basics to start earning bitcoins or crypto currency. |
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pugman
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dogs are cute.
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August 20, 2017, 06:58:08 AM |
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Even you are not sure about it ,but bitcoin ending poverty is quite a task,even governments are not able to end it from decades ,so do you think that bitcoin would be able to do so.There is a chance if all the crypto currencies unite together ,a massive part of the poor people of the society can adapt to crypto currency which will get them some sort of income,given that they know or will be able to learn about technology. |
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terbetet
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August 20, 2017, 07:40:35 AM |
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Bitcoin is a renounced cryptocurrency for the whole world and it can be earned by anyone of all ages. This fact makes it more realistic that bitcoin can and bitcoin will end the world poverty because of it's continually growing power over all the currency in the world. But before it can, every individual should also draw near to bitcoin because the ability of bitcoin to end world poverty depends on the people themselves. If they wouldn't act up to end the poverty in their own then nothing will happen. |
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Kizaki
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CryptoTalk.Org - Get Paid for every Post!
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August 20, 2017, 07:48:30 AM |
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I think yes but not yet sure if it can really end poverty people are experiencing right now at the moment,but if all altcoins and with bitcoins i think it can plus if the government will help each coins  |
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devil jin
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August 20, 2017, 07:53:50 AM |
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In the current situation of bitcoin, I can merely say that it can end world poverty. We're talking about the world, meaning it covers the entire human race. There are a plenty of people who are aware of bitcoin and what it can do to you but still there are some who are unaware and not informed. The fate of people whether they die poor or rich depend on their actions in the present. You can't simply conclude that bitcoin can end world poverty because not everyone is interested with bitcoin and for some cases, they hate it for some unreasonable reasons. |
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Kim Domingo
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Merit: 100
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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August 20, 2017, 07:58:23 AM |
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Bitcoin is not a fairy that would just simply sway its magical stuff then the poverty in the whole world is gone. I don't think bitcoin is the one that can end the world, it is the people of the world. They create their own future and it depends on how they react with the things that are happening around them. Anyone can be rich with bitcoin but without action it would not happen. We can not depend the solution of poverty with bitcoin because of the main reason that people have free will and I don't think all of us will choose bitcoin. |
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Savemore
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August 20, 2017, 08:00:57 AM |
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Bitcoin can only reduce some percentage of poverty in the world. Bitcoin cannot cure all the poverty around the world because there are too many people living in poverty. Bitcoin would play it role in helping people but it cannot satisfy all the needs of every man, woman and child in this world.
Yeah I agree to you. Bitcoin cannot end the world poverty but it can lessen the poverty because bitcoin can reduces unemployment in our society and it can make many jobs. Bitcoin is not the answer to cure the world poverty. |
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Alpinat
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August 20, 2017, 08:03:07 AM |
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yeah it can be possible because of the price of bitcoin today it will hit 5000$ after the year ends for sure, if all of the people knows about bitcoin it can be the end of the poverty. but it will happen not today but for sure in the future, |
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joromz1226
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August 20, 2017, 09:20:44 AM |
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No, how the hell did you get the idea that bitcoin could end world poverty? WTF!
I just want to add more something, Bitcoin can help individually, but not to give a solution in one country's problem like poverty. Poverty is already given in each nation in the entire world. Where it is one of responsibility to resolve by the government. If the government only will adapt the system and usages advantage of bitcoin, it can be a tools or way solutions depending on how the government will use it. |
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Buttercup123
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August 20, 2017, 12:58:59 PM |
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yeah it can be possible because of the price of bitcoin today it will hit 5000$ after the year ends for sure, if all of the people knows about bitcoin it can be the end of the poverty. but it will happen not today but for sure in the future, Not all people can afford to connect to the Internet, buying a phone that can connect to Internet is another issue, so how can you tell that the bitcoin can cure the poverty (possibly) if the poor cannot even connect to the Internet or have a phone. Bitcoin is very dependent to the Internet, meaning without Internet you cannot access to any Bitcoin. Kindly explain how can the bitcoin cure poverty if the btc rises up to 10000$ or more. |
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Harlot
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August 20, 2017, 01:09:04 PM |
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yeah it can be possible because of the price of bitcoin today it will hit 5000$ after the year ends for sure, if all of the people knows about bitcoin it can be the end of the poverty. but it will happen not today but for sure in the future, Not all people can afford to connect to the Internet, buying a phone that can connect to Internet is another issue, so how can you tell that the bitcoin can cure the poverty (possibly) if the poor cannot even connect to the Internet or have a phone. Bitcoin is very dependent to the Internet, meaning without Internet you cannot access to any Bitcoin. Kindly explain how can the bitcoin cure poverty if the btc rises up to 10000$ or more. The price of Bitcoin does not have any relation with it ending poverty. So what will happen if Bitcoin did reach 5000$? Does it automatically make people down the poverty rate rich or even a middle class person? I don't think so, Bitcoin is considered as an investment but for people to experience the growth from it they must also put some capital on those things in order to experience taking profit from it and to remind you it is not an easy process to do so. |
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NoNetwork
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August 20, 2017, 01:42:11 PM |
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Bitcoin can only reduce some percentage of poverty in the world. Bitcoin cannot cure all the poverty around the world because there are too many people living in poverty. Bitcoin would play it role in helping people but it cannot satisfy all the needs of every man, woman and child in this world.
Well I think it wouldn't help that much even in the least part possible. If you would think about it, I mean practically speaking, Bitcoin is just another currency that will be used to different platforms of transactions. |
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conected
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August 20, 2017, 01:46:22 PM |
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No, how the hell did you get the idea that bitcoin could end world poverty? WTF!
I just want to add more something, Bitcoin can help individually, but not to give a solution in one country's problem like poverty. Poverty is already given in each nation in the entire world. Where it is one of responsibility to resolve by the government. If the government only will adapt the system and usages advantage of bitcoin, it can be a tools or way solutions depending on how the government will use it. - Exactly, bitcoin can only help individual, it can not help a whole country or solve a world problem, especially the problem of poverty, this is a problem that has been talked about for many years and the whole world together to solve but until now, poverty has been unable to stop. The world can not do, bitcoin also can not, Bitcoin only helps people who are interested and want to make money online, want to get rid of unemployment, it is an opportunity not a god, it will not end anything |
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Macai
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August 20, 2017, 02:01:10 PM |
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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.
Agree with you. Bitcoin cannot end poverty but I believe people itself can change poverty. Bitcoin is just an instrument to aid the problems of every individual suffering poverty. So I believe people should make an action and start utilizing bitcoin so that we can make a changes within ourselves and with this small changes within can make big change in the country who are suffering poverty. |
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