Difftic
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September 12, 2017, 02:35:25 PM |
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I think yes because bitcoin has helped many and many have come to life because of him so if there are hard-working people who are hardworking in life they can harden their hard life.
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Mariya03
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September 12, 2017, 02:44:37 PM |
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For me, I don't think so, because poverty is one of the biggest problem in the whole world. So, even though there's a lot of person who works in Bitcoin they can't solve this kind of problem.
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carlisle1
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September 12, 2017, 02:49:12 PM |
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I think yes because bitcoin has helped many and many have come to life because of him so if there are hard-working people who are hardworking in life they can harden their hard life. logically no since not everyone have access to world wide web and with your statement even a hard working people yet they don't have knowledge they wont be able to gain from this system, bitcoin can help to lessen poverty but not to end the poverty that's the right impression with this.
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airdnasxela
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September 12, 2017, 03:01:45 PM |
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If you are going to take a look in bitcoin's capability nowadays, you can say that it can really end world poverty but in my opinion I don't think so. The power and ability to end poverty in the whole world is not on the hand of bitcoin, it is the people who can end it. You can say that bicoin is the instrument to end bitcoin but what is an instrument if no one is using it. You can conclude that bitcoin is just a cryptocurrency and it is the knowledge of people about bitcoin that can end world poverty.
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kukurikapu
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September 12, 2017, 03:06:26 PM |
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I think it can, as you can all see bitcoin is gaining wide variety of influence all over the world. I think it's popularity can help in making bitcoin legalized all over the world. When bitcoin is legalized already everywhere, the increase of investors and users will surely follow. As it grows up, the number of people whose life will be changed will also follow until it reaches almost everyone and that's when we can conclude that bitcoin has ended world poverty.
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potatocorner
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September 12, 2017, 03:12:17 PM |
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We can all say that the power and influence of bitcoin nowadays is very wide. This can help a lot of people in having their life changed. But this can only happen if and only if everyone knows what bitcoin and how it works already. You cannot consider bitcoin as an effective solution to world poverty if no one is even using it. Choosing bitcoin over everything can really help you escape poverty and I know it will happen if ever bitcoin will get legalized all over the world.
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chromosomes
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September 12, 2017, 03:15:23 PM |
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For some country, I think this may work. We all know that bitcoin is already legalized in different countries which lead them to become more knowledgeable about bitcoin. If ever bitcoin will get legalized throughout the world, then there would be a chance that it will get the chance to end up world poverty. But still it depends on the people within a country because maybe not all of them are hardworking enough to make it out of poverty.
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chicobr
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September 12, 2017, 03:36:51 PM |
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no. Bitcoin can't. I think bitcoin can make more people become poor because they invest all they saving into bitcoin with knowledges
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bebejhen
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September 12, 2017, 04:31:16 PM |
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Not yet. I think there is a lot of space for improvement before bitcoin can end the poverty. When it comes to poverty, we all know that it's really hard to end it. How many rules have passed, how many ways have tried, how many solutions are made but still it not ended. I don't think that it will ended.
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NoNetwork
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September 12, 2017, 04:32:35 PM |
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I think it can, as you can all see bitcoin is gaining wide variety of influence all over the world. I think it's popularity can help in making bitcoin legalized all over the world. When bitcoin is legalized already everywhere, the increase of investors and users will surely follow. As it grows up, the number of people whose life will be changed will also follow until it reaches almost everyone and that's when we can conclude that bitcoin has ended world poverty. Did you know about the supply and demand? If there is too much supply then it will like to have less demand, so the price will come into play. If there is less demand therefore the price is also not that high. That's behind the economy of this. Even if it will be legalized worldwide it will still not be enough to make a difference.
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kamikadze69
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September 12, 2017, 04:55:08 PM |
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yes it is possible. because now the price of bitcoin is very high and almost anyone can get and look for bitcoin for their save or investment, I think it might just happen.
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Palider
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September 12, 2017, 05:18:52 PM |
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I think that's why bitcoin can end the world's poverty. If all the people in the world get bitcoin? Lift them up gradually until they become successful. Bitcoin wants to help us raise our life below, bitcoin pulls us up so we can have the courage to deal with the present life with him. If you value bitcoin? It will also appreciate you and help you to grow in poverty.
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Ayiranorea
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September 12, 2017, 05:23:20 PM |
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yes it is possible. because now the price of bitcoin is very high and almost anyone can get and look for bitcoin for their save or investment, I think it might just happen.
Not really and in reality this won't happen, because world poverty is an social issue whereas bitcoin is a solution for the world financial system. The system behind bitcoin can be used to make things happen in an effective manner, but to eradicate poverty only governments when gets united as a whole can make changes.
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djsugar
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September 12, 2017, 05:26:02 PM |
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I think that's why bitcoin can end the world's poverty. If all the people in the world get bitcoin? Lift them up gradually until they become successful. Bitcoin wants to help us raise our life below, bitcoin pulls us up so we can have the courage to deal with the present life with him. If you value bitcoin? It will also appreciate you and help you to grow in poverty. Actually the problem is even if you give free Bitcoins to people, they'll end up spending it inefficiently and will again get into poverty. The main reason of poverty and unemployment is laziness. People don't want to work. Poverty won't end by giving people free money. It is more about mindset and is something at government level. Bitcoin can't do anything in that context except for being a source of extra income.
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allthingsluxury
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September 12, 2017, 05:28:35 PM |
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Absolutely not.
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Gold & Silver Financial News: Silver Liberation Army, Gold & Silver News, Geopolitical & Financial News, Jim Rickards Blog, Marc Faber Blog, Jim Rogers Blog, Peter Schiff Blog, David Morgan Blog, James Turk Blog, Eric Sprott Blog, Gerald Celente Blog
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ahmad21
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September 12, 2017, 06:54:33 PM |
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A very straight answer to this question is no. In every economy there are a few key players who are the big guns and a lot of people who are just too poor to participate in the economy. Even if we think that whole world economy would shift to bitcoin its very difficult to say that everyone would get equitable amount of bitcoin. So the problem remains same. Poverty stricken people still wont have money in form of bitcoin. But yes bitcoin would surely make a few millionares or even billionares who knows?
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palle11
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September 12, 2017, 07:56:33 PM |
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There are people who will always be poor in any circumstances. What I mean is, a rich man today might have misfortune tomorrow and become poor. Poor today might become rich tomorrow, vice - versa. So, with or without bitcoin, people won't be the same financially. Even in the bible, there were rich and poor. When Abraham was rich, some other people didn't have what he had.
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plaintiff77
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September 12, 2017, 08:30:27 PM |
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if everyone has interests about bitcoin then why not. We all know the benefit we get in doing bitcoin. If everyone also has perseverance and has a lot of effort to embrace the nature of bitcoin then it would possibly be the answer of the biggest problem of the world which is poverty.
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YellowRiver
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September 12, 2017, 10:55:06 PM |
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Poverty is a state problem, can not be done with instant programs such as bitcoin, the main factor of poverty is due to education, health and culture. many things to be done if you want to overcome poverty.
If those people who are experiencing poverty goes to bitcoin and work hard and do their best to earn money then they can easily get out from poverty because it doesn't need for a person to be the smartest person to escape from poverty because it just need a very determined person to end his poverty and reach all the dreams that he had. You are actually right, to get out of that state the best factor is for you to act independently and for you to find your own way how to be rich, it is better than waiting an external factor for you to be rich, like waiting for the government for help, because if you do you might end up blaming everything to the government that they are not helpful. Without acting just by yourself you are only losing precious time to change. You cannot simply sit down and can wait for someone else to come for you and to make you rich. It will not be possible till the time you yourself will not gear up and will think of something more profitable which can change your life. You need to work hard yourself, only then you will be able to get something good in your life.
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Bestwishes745
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September 13, 2017, 11:25:13 AM |
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no it can't, bit coin is like an investment for people who have money.
Not just investment but people can also earn. But I have also heard that there is a limited amount of bitcoins that can be distributed, I don't know much about this scenario bit i guess still people can earn as well. If we see around we all know Bitcoin’s price is so high that it can make you a millionaire within a year but still it's not enough reason for you to claim that this can be done throughout the whole world. Technology and Internet, everyone does not knows how to use it. Another thing is it's not yet legalized in the whole world in short it is not well promoted yet.
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