Can Bitcoin End World Poverty?

[Lanatsa]

Bitcoin can not end poverty, because not everyone has the Internet to earn bitcoins, and many can use bitcoin to gamble and again become poor because of their greed.

You are right, not all poor people do really have the access on internet which means they cant still able to engage with bitcoin because the main need on this is having an access online and we all know that majority of poor people wont really give priority on this thing to go online and besides they would prioritize their food than on going online. If they would really just able to know bitcoin im sure it will really change their lives.

[cherryganda]

YES MAYBE!!
but for sure that BITCOIN will make some jobs for unemployed even employed will hav another job like me

[Kisanaq]

bitcoin is an excellent opportunity to overcome poverty, if managed properly and properly, bitcoin can be a solution to the various economic problems that cause poverty.

[logicgate]

bitcoin is an excellent opportunity to overcome poverty, if managed properly and properly, bitcoin can be a solution to the various economic problems that cause poverty.

Yes bitcoin are already working on fixing up the economical problems of the world. They are doing their best to fulfill the needs of those who are working sincerely with bitcoins. Bitcoin all alone can’t end poverty. Their proper use depends on us, especially on our governments. 

[NoNetwork]

Bitcoin can not end poverty, because not everyone has the Internet to earn bitcoins, and many can use bitcoin to gamble and again become poor because of their greed.

Well for starters we might need to have more than internet you really need education for this. Hmm well it depends really, when you already start to earn you will also learn how to value more of your money because of your necessities and all that stuffs.

[Cazkys]

Bitcoin will not end world poverty. It cannot end world poverty. Even if all of us, hypothetically, use Bitcoin there will always be people who are richer, who have more Bitcoin than any one. And also, not all of us have access to a smartphone or the Internet. And even if people have access, there will always be people who are not really technology-savvy. And even if people are in the city, they’re just so fucking poor they can’t afford food much less a phone. Bitcoin will end some of the world’s problems but not poverty.

[Chanock]

I don't think so. There are a lot of reason of poverty in the world there more consideration to recover in poverty. It's need a lot of research, learning and money to address poverty among the world. If you think bitcoin is the answer i think it's not.

[Marjo04]

Its posible.but for now i think it will less poverty because even poor people start to earn because of bitcoin even youre at home you can earn .lot of people use data if they dont have wifi at home.at most people already have smartphone.even they are poor.

[resty]

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.

I think it is impossible bit coin is End of Poverty because not all people using this kind of playing although we are all trying to advertise this bitcoin widespread all over the world but many of those who are unable to use this kind of playing are their in rural area

[nethan1btc]

Bitcoin will not end world poverty. It cannot end world poverty. Even if all of us, hypothetically, use Bitcoin there will always be people who are richer, who have more Bitcoin than any one. And also, not all of us have access to a smartphone or the Internet. And even if people have access, there will always be people who are not really technology-savvy. And even if people are in the city, they’re just so fucking poor they can’t afford food much less a phone. Bitcoin will end some of the world’s problems but not poverty.

I do agree with you. Not everyone can afford to have access to the internet. Some can’t even buy stuff for their daily needs. If they have money, they would rather buy foods rather than buy gadgets. Not everyone is well educated. Some can’t even read and write.

It’s hard to believe that bitcoin can end world poverty. It will never happen. But for others who does bitcoin, they were able to stabilized their financial status.

[betlord90]

Bitcoin will not end world poverty. It cannot end world poverty. Even if all of us, hypothetically, use Bitcoin there will always be people who are richer, who have more Bitcoin than any one. And also, not all of us have access to a smartphone or the Internet. And even if people have access, there will always be people who are not really technology-savvy. And even if people are in the city, they’re just so fucking poor they can’t afford food much less a phone. Bitcoin will end some of the world’s problems but not poverty.

I do agree with you. Not everyone can afford to have access to the internet. Some can’t even buy stuff for their daily needs. If they have money, they would rather buy foods rather than buy gadgets. Not everyone is well educated. Some can’t even read and write.

It’s hard to believe that bitcoin can end world poverty. It will never happen. But for others who does bitcoin, they were able to stabilized their financial status.

A big question mark for the people will tell that bitcoins can really end the poverty since some of the people is not open minded on new innovation these days and some people who doesn't know about bitcoin will just laugh about it since it is unfamiliar unto them. So I conclude that poverty will remain on the country where it occurs critically.

[extrimals]

Bitkoin will never become an element that will subdue poverty, like any currency, some will lack it in others, and poverty will remain. The question is whether to make it the main currency for calculations, what will come of it, and how it will affect this is really interesting and unpredictable.

[Aleister Crowley]

Bitcoin can not end poverty, because not everyone has the Internet to earn bitcoins, and many can use bitcoin to gamble and again become poor because of their greed.

that's good., it's true the fact that bitcoin can turn from gloat to disadvantage, because it depends who's using it, because someone can use it right and vice versa .. if where they use bitcoin to gamble ,, have made sure they will fall poor, for those who can not control his gambling

[MidKnight]

I disagree. Have you ever encountered people who doesn't want to work but instead make illegal things? There always like them in our society. But I believe we can still lessen the percentage of people that is on the poverty line.

[eleah24]

For me I think not. Because first of all, to earn Bitcoin you have to have internet, you have to have an android or a computer or laptop and if buying food for their daily needs is a very hard thing for them to do then what more to buy android devices or computers or laptop. And Bitcoin is not a magical thing to make the world poverty end. I think if only people would be not very greedy with power and money and instead, give poor people jobs or give them excess of what they have, and I might think that world poverty might lessen. And for me world poverty is always included in our economy. And another thing is that if only people would stop being pregnant and pregnant and start family planning specially when you don't have enough money and you don't have a stable job to provide to your family you should consider on family planning.

[Carlsen]

I am wondering how bitcoin should do that.
In the realy poor parts of the world, basic things are needed first. Water, food, education.
I think those are the problems needed to be solved in the first place.
They affect a large part of the population in poor countries, so they must be dealt with on a large scale.
Once those basics are are dealt with, it can be time for people to take a look in crypto currencies and how they might be able to improve their lives further.

[Kevin77]

Bitcoin can’t end the poverty in the world, but it sure can contribute its quota to making the world a better and safer place to live in. poverty has been there since the world began so you don’t just expect it to go away in 100 years.

Poverty needs serious attention from the billionaires who are ruling the world. They should rather stop investing money for destroying others and should pay attention to help poor feed their families. Bitcoins all alone can’t simply put an end to poverty. They need a great support from governments to do so.

Hopefully bitcoin will do what billionaires actually have to do to bring some stability with the financial status of every common people of this world. We can be sure bitcoin will end world poverty as well it will bring financial stability too.

[NoNetwork]

Bitcoin can’t end the poverty in the world, but it sure can contribute its quota to making the world a better and safer place to live in. poverty has been there since the world began so you don’t just expect it to go away in 100 years.

Poverty needs serious attention from the billionaires who are ruling the world. They should rather stop investing money for destroying others and should pay attention to help poor feed their families. Bitcoins all alone can’t simply put an end to poverty. They need a great support from governments to do so. 

Well that is exactly the main reason here. If you would analyze the situation these 'billionaires' don't actually care about the poor. They just run around to spend and earn more money. Although they don't rule the world as you say it is.

Practically speaking they won't give a damn about them. They wouldn't even give time thinking about it. I'm saying that they are evil or cruel but they're just going for more sense in decision.

[iv4n]

For me i think so.. 


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

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In the beginning of the article after first question about cheap transactions I stop with reading. Transactions are not cheap anymore, and I don't know when will they solve that problem, for me that is a problem and most of the people will hold them selfs from using bitcoin.
How can bitcoin help anyone? Its currency and like any other currency only help you can have is having a lot of it, only like that you can pay for all the things you actually wish or need.
Bitcoin can't help with ending world poverty, its my strong opinion and I don't think that I can be convinced otherwise.

[Trela]

Bitcoin can’t end the poverty in the world, but it sure can contribute its quota to making the world a better and safer place to live in. poverty has been there since the world began so you don’t just expect it to go away in 100 years.

Poverty needs serious attention from the billionaires who are ruling the world. They should rather stop investing money for destroying others and should pay attention to help poor feed their families. Bitcoins all alone can’t simply put an end to poverty. They need a great support from governments to do so. 

Of course our salary from Bitcoin not enough for help poor people, even you are billionaire, there are many poor people still cannot receive your subsidize. World poverty is a field not reasonable with Bitcoin, because this is responsibility of government.