Can Bitcoin End World Poverty?

[bestluck]

Bitcoin does not help to solve the problem of world poverty, because that he is like gold. The rich will use it to make more investments, and the poor will have a much lower financial position.

It can help to solve every bitcoin user to get out of poverty depending on how he is working with it. And this is a fact, you know how to make grow your investment and it just doesn't grow without doing anything. Unless you are a big time holder and you hold a lot of bitcoin then you can contribute and lessen the people who are in the poverty line.

well I will not agree with you word “NO”, because look at the position of bitcoin. Bitcoin step into the market 8 years ago and right now it lessen poverty in the word and soon in the future bitcoin remove poverty from those who are little bit educated, because bitcoin can’t help those who know nothing about internet and bitcoin, so it is not bitcoin’s fault to not remove poverty from uneducated peoples.

[Gobeller]

Bitcoin does not help to solve the problem of world poverty, because that he is like gold. The rich will use it to make more investments, and the poor will have a much lower financial position.

It can help to solve every bitcoin user to get out of poverty depending on how he is working with it. And this is a fact, you know how to make grow your investment and it just doesn't grow without doing anything. Unless you are a big time holder and you hold a lot of bitcoin then you can contribute and lessen the people who are in the poverty line.

well I will not agree with you word “NO”, because look at the position of bitcoin. Bitcoin step into the market 8 years ago and right now it lessen poverty in the word and soon in the future bitcoin remove poverty from those who are little bit educated, because bitcoin can’t help those who know nothing about internet and bitcoin, so it is not bitcoin’s fault to not remove poverty from uneducated peoples.

Exactly, lots of people and most of them are poor, had the opportunity to have independent income. This also leveled their life standarts up, showing bitcoin reduced the World poverty.

[rayneh]

How it possible? Bitcoin it is not religion, not an army and not a magic, so why people always think what it onec can change we world so cardinally?

[Darknight31]

It has a possibility that bitcoin might change the world but, it will take many years before it will be. We cannot change a thing so easily. But we hope so that oneday bitcoin might help us all especially those who are very lack in needs.

I cannot say that it can really end world poverty but rather it can help to lessen world poverty. I think bitcoin csn be one of the tool to help lessen world poverty it can somehow used by people for it. But i think that it can help if people truely understands how well it works and has the full knowledge to be able to use it for good purposes.

[iMark]

If the world still has the thing which people consider as money, there will always be poverty. People are trying to adopt  as a new kind of money and therefore, I do not think that  can easily end world poverty

it is really helpful and i think it is doing this very well. it is very helpful in giving people jobs and it is reducing unemployment from the world. most of the people who are in crypto world and had invested in it or earning from signature campaign are doing good and earning good profit from it.

I think in addition to bitcoin users are still a little, of course only a few poor people who use bitcoin for their income. Even I think there is no poor here. So although bitcoin is very beneficial though. if it is not on target then surely it will not reduce poverty? Let alone to eradicate poverty is not the job of bitcoin

[btcjocan]

If the world still has the thing which people consider as money, there will always be poverty. People are trying to adopt  as a new kind of money and therefore, I do not think that  can easily end world poverty

it is really helpful and i think it is doing this very well. it is very helpful in giving people jobs and it is reducing unemployment from the world. most of the people who are in crypto world and had invested in it or earning from signature campaign are doing good and earning good profit from it.

I think in addition to bitcoin users are still a little, of course only a few poor people who use bitcoin for their income. Even I think there is no poor here. So although bitcoin is very beneficial though. if it is not on target then surely it will not reduce poverty? Let alone to eradicate poverty is not the job of bitcoin

Bitcoin is not God that can really change the world for better and with regards the aim to reduce poverty, I think people were given the opportunity to enjoy the resources that's here on earth like education. So if poor people will be as poor as before, but certainly it's a no for now because if a person will put hardwork on every job that he have; he will gain better income. Poverty will end if all people's mind were created equal, but it's not possible because for my own observation now; poverty is a choice and through bitcoin as long as you're an open minder person there's a lot of micro jobs that lets you earn good income through bitcoin. By that strategy you maybe having those opportunity to suppress the poverty of every people in the world now, depending on how a person is positive to pursue his dreams of aiming higher for his finances.

[Bondho Kompeni]

The main problem of poverty is the unevenness of welfare, most of the poor because of their low level of education. The presence of bitcoin can be a solution to share the economic package of the country rather than using fiat money.

[Mbah Djoko]

bitcoin is made of course for economic improvement, including to reduce and even eliminate poverty, but everything goes back to state policy, if the state wants to think for good, of course, it can immediately legalize bitcoin.

[ged00u]

Bitcoin is really trying, but it will have to do a lot more to end poverty, as the bitcoin spreads its bringing relief to many, but strong financial hands will be needed to make it happen.

No, I do not think so. Money is the main purpose which create poverty and richness. Therefore, as long as we consider bitcoin as money, there will be no way to escape the poverty. It is not about bitcoin, it is about people's thought and what they are thinking.

[Matimtim]

I think not! definitely not because not all people can know what is bitcoin and how it works, like many people who are not experience to go to school, so how can know what is bitcoin? so only the person who has a knowledge and experience to learn something.

 

[flyingcat]

bitcoin is made of course for economic improvement, including to reduce and even eliminate poverty, but everything goes back to state policy, if the state wants to think for good, of course, it can immediately legalize bitcoin.

No, in my opinion, Bitcoin give us the opportunites about make money and helps the people have knowledge and economy for enough buy a PC and internet connect online. This is reason Bitcoin cannot helps end world poverty.

[Franky00]

Bitcoin can not complete poverty, because it is only a currency. They are only used by those who have enough money for necessary needs and sometimes they can afford to invest.

[carlisle1]

bitcoin is made of course for economic improvement, including to reduce and even eliminate poverty, but everything goes back to state policy, if the state wants to think for good, of course, it can immediately legalize bitcoin.

No, in my opinion, Bitcoin give us the opportunites about make money and helps the people have knowledge and economy for enough buy a PC and internet connect online. This is reason Bitcoin cannot helps end world poverty.

why you are just looking at it like that? people should take this as an advantage with how bitcoin investment and knowledge will be very useful in the long
run, if you look inside this forum many people already gain a lot we just always think positive and keep it up to look for more ways to earn.

[Lanatsa]

bitcoin is made of course for economic improvement, including to reduce and even eliminate poverty, but everything goes back to state policy, if the state wants to think for good, of course, it can immediately legalize bitcoin.

No, in my opinion, Bitcoin give us the opportunites about make money and helps the people have knowledge and economy for enough buy a PC and internet connect online. This is reason Bitcoin cannot helps end world poverty.

why you are just looking at it like that? people should take this as an advantage with how bitcoin investment and knowledge will be very useful in the long
run, if you look inside this forum many people already gain a lot we just always think positive and keep it up to look for more ways to earn.

Most of us do really have positive way of thinking but there are really some people who are close minded person. Yes,there are lots of money making opportunities on here. Talking about world poverty i cant think that bitcoin would end it because even on local fiat itself didnt still solve that thing for how many decades,centuries have passed and i do believe that this problem would last on future generations.

[filharvey]

I think its very hard for bitcoin to do so.World poverty rate is very high.Bitcoin is only limited to 21 million coins.More over,illiterate people are more in under developed countries.They are not familiar with digital transactions and so they don't understand how bitcoin works.Also,internet facility is not widely available all over the world.There are still many countries where there is no internet facility.So,bitcoin for sure could make some people millionaire,more people rich,but it could not end poverty.

[Vinalians]

well it is possible if all of the people around the world will know about this cryptocurrency, and hope that when they know that the bitcoin price is just like a thousand dollars like today, and not hundred thousand dollars. bitcoin can end the world poverty in future

[n0ne]

bitcoin is made of course for economic improvement, including to reduce and even eliminate poverty, but everything goes back to state policy, if the state wants to think for good, of course, it can immediately legalize bitcoin.

No, in my opinion, Bitcoin give us the opportunites about make money and helps the people have knowledge and economy for enough buy a PC and internet connect online. This is reason Bitcoin cannot helps end world poverty.

why you are just looking at it like that? people should take this as an advantage with how bitcoin investment and knowledge will be very useful in the long
run, if you look inside this forum many people already gain a lot we just always think positive and keep it up to look for more ways to earn.

Being positive is a must with bitcoin as well other digital currencies. Same positivity won't lead to end the poverty which is a major issue for years. Our forum gives access to earn, but the same can't be done by everyone. So even the positive people can earn only if they're educated. On this belief educating each and every people is the only way to eradicate poverty.

[Ljanesanti]

There's plenty of factors to consider to aid , lets just say aid not end since it seems impossible. Going back, poverty is again in my opinion is inivitable. There might be a successful country but behind this , there will always be poverty. Let's say it's yin and yang , the balance of life. What i'm trying to point out is that bitcoin might be a great potential aid or help in "lessening" the said proverty that every country has but would never be the reason to end the said concern.

[GoodLuck2]

The main problem of poverty is the unevenness of welfare, most of the poor because of their low level of education. The presence of bitcoin can be a solution to share the economic package of the country rather than using fiat money.

I think that you are right. Many countries have so high illiteracy rate that people barely now how to use a phone properly. Then how would they get to know about bitcoin? It can end poverty but it will take a lot and a lot of time to make this happen. Government should take steps in order to remove illiteracy but this will also be very difficult. In short it can remove poverty but it will time.

[grermezter]

Though it will not totally end the world poverty,  Bitcoins has been able to create job for lots of unemployed people in the world and because of that they are able to feed themselves and their family. Bitcoins has done more than what most governments couldn't do for their citizens that's to create jobs for them.