Can Bitcoin End World Poverty?

[NoNetwork]

In order for bitcoin to complete world poverty, it is necessary to eradicate corruption and provide an opportunity for improving the economy in poor countries. But this can be done with any other currency.

Complete world poverty? That's absurd. You're making it worse! And besides corruption has nothing to do with poverty. I mean even if we reduce or even eradicate corruption we still can't make any difference to poverty. If a miracle happens maybe that poor country might get into well renown countries but then again we need absolute.

[ongels]

I guess it can help reduce poverty, because it generates a good amount of profit, but it cannot end world poverty. Because there are some people who are in the midst of resources, but they are useless due to their character of being laziness, While there are some who are lack of resources but eager to work hard even in difficult condition ..We cannot change the mentality of the individual..but The government should also provide some alternative ways to assist or persuade everybody to fight against poverty.

[lukmandog]

Bitcoin and anything in this world, never be able to end poverty. Because poverty needed to balancing. Bitcon is just as a new tool for peoples to have more income, creating a new business industry whose effect absorbs alot manpower. Poverty is balance of wealthy.

[cotton ball]

Bitcoin and anything in this world, never be able to end poverty. Because poverty needed to balancing. Bitcon is just as a new tool for peoples to have more income, creating a new business industry whose effect absorbs alot manpower. Poverty is balance of wealthy.

At least bitcoin can reduce the percentage of poverty as is the case in many developed countries, it is understandable if the whole world has increased the economic level of its people, then the market will also adjust very quickly. Bitcoin is very capable of being a facilitator of this especially for third world countries.

[bitcoindusts]

Not totally yes because many of people or many people that lack of money don't have any of gadgets like mobile phone that's why they don't know about cryptocurrency.

The answer is simply no, Bitcoin can help in reducing jobless people by startup company that is offering them freelance or corporate job that pay in bitcoins, but it will never end the world population.  One reason for this is that not all people can be accomodated by these start up company and not all people are trading experienced, where they can earn profit.  So I guess if someone stated that Bicoin can end world poverty, it is an exaggeration.

[ModGirl]

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.

I think Bitcoin can be the major factor which can erase the poverty from this world. But, it is not possible for Bitcoin to do it all alone. Though it can contribute a lot, but even then we cannot entirely depend on Bitcoin to be our savior. You still need to introduce things like Crypto to eradicate poverty entirely.

This is not like a one man race. Everyone has its part to play and till the time everyone will think upon it in a serious way, you can’t see a society without poverty. Crypto currencies and Bitcoin are one of the saviors but they cannot do all this and that too lonely. We need to think on this matter in a serious manner if we want to end it. 

[cluit]

Bitcoin and anything in this world, never be able to end poverty. Because poverty needed to balancing. Bitcon is just as a new tool for peoples to have more income, creating a new business industry whose effect absorbs alot manpower. Poverty is balance of wealthy.

That's a fact. It is true that bitcoins has helped many people in earning money and has removed unemployment from many lives but still, if we talk about eradicating poverty from the face of our planet, practically it is not possible. I won't say because there are not that many resources. It is because some big whales don't want this.

[David Hoggs]

It wont be able to end world poverty though it has potential to make people rich and it has already made many of them. But what about them, how cant afford it or those how are not aware about this technology.

[n0ne]

World poverty is a major issue that prevails around the world countries. Even in the first world country poverty is found, but the governments won't reveal it outside. With the growing countries poverty is a major concern and without which the economy of the country will grow good. Bitcoin might pave path for growth, but when it comes to poverty it doesn't have big thing to do.

[iL_P4driNo]

How can btc end poverty in the world? Unless bitcoin will bring resources from another world.

[futile-resistance]

Not totally yes because many of people or many people that lack of money don't have any of gadgets like mobile phone that's why they don't know about cryptocurrency.

Bitcoins are just digital coins; they are not Aladdin’s lamp which can end the world poverty forever.  The richest people of the world and super powers can work hand in hand to eradicate poverty from the face of earth forever. All alone bitcoins can’t do anything for poverty in third world countries.

[Pressessidow]

I feel Bitcoin can not conclude globe poverty but it can lease poverty. Not all know BTC and use BTC like inadequate people do not have mobile or laptop computer to be utilized. But like us that we know BTC we can lease poverty by helping men and women around us. 

[Clover_Faith]

I think no because poverty is always a problem of the world. Bitcoin can't end world proverty because not all people use bitcoin. Bitcoin is not a solution to end proverty it is the government problem that will be the one who fix poverty. Think of it if the bitcoin is the one solution not all people have a computer or devices to use in bitcoin. Some of people is out of knowledge to use bitcoin and it will affect the income and profit of other user.

[loopes]

For me i think so.. 
-sniped-

if your statement is bitcoin can reduce property.. i absolutely agree with you because it's right that nowadays bitcoin have increasing financial in other words is bitcoin have reduced property level for most bitcoin users. but to bit end the property it is hard to say, due to in this world all thing should in balance there is wealthy and poverty both of those are complete balance social relation.

[FLoving]

For me i think so.. 
-sniped-

if your statement is bitcoin can reduce property.. i absolutely agree with you because it's right that nowadays bitcoin have increasing financial in other words is bitcoin have reduced property level for most bitcoin users. but to bit end the property it is hard to say, due to in this world all thing should in balance there is wealthy and poverty both of those are complete balance social relation.

Bitcoins have definitely increased the financial conditions of many around the world and we can see many new rich people produced by bitcoins around us. But for bitcoins to end poverty all alone is not possible. Bitcoins need a great support from governments in order to wipe out poverty forever.

[NoNetwork]

I feel Bitcoin can not conclude globe poverty but it can lease poverty. Not all know BTC and use BTC like inadequate people do not have mobile or laptop computer to be utilized. But like us that we know BTC we can lease poverty by helping men and women around us. 

Inadequate you say? What do you mean by that? Can't you just say that there are still people that are not computer literate or those people who doesn't have that kind of knowledge or they still don't have that kind of technology. I think it is not an issue right now because almost all countries already have such technology.

Setting that aside I think even if we have the knowledge in earning Bitcoin that is not enough even as if we wanted to just lease the global poverty I mean this a major problem. There roots of this problem, I mean the first step in eradicating this major problem is to figure out what's causing the problem and make solutions for it.Therefore Bitcoin can't even reduce world poverty.

[Glorious04]

For me i think so.. 


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

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No i dont think so. Poverty is like an epidemic that spreads everywhere in the world. Even the considered richest countries still have poor people. And i don't see in what way bitcoin should cure poverty. In some way maybe to lessen or rescue unemployed people but that too is doubful because not everyone is easily convinced and not everyone is knowledgeable on bitcoins. Not all believes in bitcoin too.

[Potchi]

I think it depends on the situation. Bitcoin can only end the poverty of those who knows bitcoin,but those who dont know anything about bitcoin, they are always in poverty in thier entire life like on some places were technology have no room.

I cannot say that bitcoin will really end world poverty. Because it is the most difficult problem to answer and end i guess. I think the problem really comes from the goverment. But I can say that bitcoin can help lessen world poverty as long as people will get to know bitcoin more, and the already users will help other people know bitcoin so it can also help others.

[krisnt80]

It wont happen at all, there isnt new money being made over crypto, just money changing hands, if people wanted to end those they would already act into those direction, it looks politician need those people to suffer to get their votes and them ignore them, no matter how rich you are some people dont wanna to work, they wanna to be at the streets and live there, life is a punishement for some people.

[Saichoukyushin]

I think it depends on the situation. Bitcoin can only end the poverty of those who knows bitcoin,but those who dont know anything about bitcoin, they are always in poverty in thier entire life like on some places were technology have no room.

I cannot say that bitcoin will really end world poverty. Because it is the most difficult problem to answer and end i guess. I think the problem really comes from the goverment. But I can say that bitcoin can help lessen world poverty as long as people will get to know bitcoin more, and the already users will help other people know bitcoin so it can also help others.

Yes, and its the governments problem and the people who are in the situation. Even we open our minds with that possibilities it is too far from reality because not everyone will use bitcoins and not everyone will earn on it. There are too many reasons why but one thing that a good effect is it reduce the poverty like you said.