Can Bitcoin End World Poverty?

[Webetcoins]

I think it is save poverty in this world IF! Other peoples know about this kind of transaction, and know about in this bitcoin forum, i hope a lot of people know about this. Because i want to help in this kind of way.

Well! I think the bitcoin has become very famous that now everyone knows bitcoin and people are taking the advantage of this opportunity that the price of the bitcoin use to increase day by day. So if the bitcoin currency will be used widely in any country then this country will enjoy the prosperity because bitcoin has the potential to solve the big issues of many countries that are unemployment and the poverty so my answer is yes for this question.

[Bitcoinislife09]

Bitcoin is not the answer to end world poverty, for ending it starts within ourselves. If we are brave enough to share what we have and face those politicians who have the guts enough to use the money that belongs to the country, then it will be more helpful to end poverty. The problem with many of us is we are blinded because of too much brightness of money that we have seen, and also politicians have this problem. If only everyone also will know how to control themselves in everything then nothing will be a problem.

[barbara44]

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 should work yourself for changing your condition whether it is financial or emotional. Those who depend on others for the change of their conditions, they never ever succeed in their aims. We can’t blame governments for each and everything. They have to look after millions of people at the same time.

[the rise]

Bitcoin is not the answer to end world poverty, for ending it starts within ourselves. If we are brave enough to share what we have and face those politicians who have the guts enough to use the money that belongs to the country, then it will be more helpful to end poverty. The problem with many of us is we are blinded because of too much brightness of money that we have seen, and also politicians have this problem. If only everyone also will know how to control themselves in everything then nothing will be a problem.

There are many people who want to work should be based on attractiveness and opportunities, if the government is able to make rules and apply bitcoin to all existing businesses then it is certain that people will be interested to work hard, everything about economic change is not always based on intentions, but it depends on trends, official vacancies, and habits. Bitcoin is very capable of reducing poverty by up to 80% but with government records to be prepared on terms and risks that bitcoin is decentralized.

[justspare]

For me i think so.. 


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

READ MORE:

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.

Indeed, if we all start using bitcoins in buying and selling daily life things then bitcoins will becomes very popular and common. I think rather I believe that bitcoins have the ability to help us in fighting with poverty because they have the power to make anyone rich who is sincerely working with bitcoins.

[cipher-x_09]

Jeez I don't know poverty can be ended unless people want to, it does not depend upon things presented sometimes opportunity knocks to them but they fail to notice, so I think no

[Tubig]

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.

You're right, its not that easy to end poverty. I consider as a help to make life convenient but not to all, not in the whole world but for some individuals.

[audaciousbeing]

Poverty can never be eradicated from the land because there is no way we can do it, some people will still remain poor and everybody can never be rich. Even if everyone has access to the treasury, some people will purposely decide to be poor and that's why you see someone who is able to work without any form of disease or incapacity still begging on the streets.

What bitcoin will do is to move the life of those who are ready to push themselves beyond the ordinary and thirst for new knowledge on the new way of making a living.

[birra guzez]

it can't end world poverty since too many countries lack the essential tools to be active in the cryptocurrencies field such as internet/computers/smartphones or even electricity . it can provide some jobs though and that's good enough for now .

[Zadicar]

it can't end world poverty since too many countries lack the essential tools to be active in the cryptocurrencies field such as internet/computers/smartphones or even electricity . it can provide some jobs though and that's good enough for now .

Even not focusing on cryptocurrencies even local fiat itself wont able to solve out this global problem.Since the beginning of civilization this problem is always been there as long there are people who do pursue to accumulate money as they can without having the equality then we always end up on here.Poverty itself cant really be solved by Bitcoin it may give some opportunities but only to those who are eager to learn to engage with it.

[salmanahmedone]

Maybe it can end the world poverty by donation. Well yeh if we donate poor via bitcoins it can help other. There should be a services who accept the bitcoins for donates. one donation can lead poverty to Education, electricity, water.

[cryptovn83]

Bitcoin and other cryptocurrencies offer many opportunities that can help these ... combating inflation and perhaps even helping to end corruption. ... "Access to financial services can be a bridge out of poverty,"

[halych]

Bitcoin and other cryptocurrencies offer many opportunities that can help these ... combating inflation and perhaps even helping to end corruption. ... "Access to financial services can be a bridge out of poverty,"

I do not believe that crypto currencies can help to end corruption. Human greed will force people to get money in an illegal way. Bitcoin is the same currency as others, but it can only be used with the presence of the Internet, which becomes impossible for the poor.

[FlightyPouch]

Bitcoin and other cryptocurrencies offer many opportunities that can help these ... combating inflation and perhaps even helping to end corruption. ... "Access to financial services can be a bridge out of poverty,"

I think that might be right and it may be a possibility, but it has a less percentage of happening especially when you say that bitcoin and other crypto currency may end Corruption. Bitcoin is pseudo anonymous, people with power might use this to do their payments for their crimes or maybe use this advantage to launder money and corrupt people.

[HotCold]

Techno-utopianism is a dangerous ideology that will end up claiming many lives if it is ever implemented, just like other utopian ideas. Don't immanentize the eschaton.

[robotrobert]

I think it is save poverty in this world IF! Other peoples know about this kind of transaction, and know about in this bitcoin forum, i hope a lot of people know about this. Because i want to help in this kind of way.

Yeah definitely it can help in removing poverty from the world if the poor are given education on bitcoins through campaigns or awareness sessions. Poor people can live a better life if they are provided with an opportunity to make money through bitcoins by trading or investing. This is the only way to eliminate poverty from the world.

[PizzaBTC]

It might decrease the poverty rate but it will not end it. We all know that most people who are experiencing poverty lacks of knowledge. I mean maybe some of them don't know how to read something like that. So for you to earn bitcoin you must atleast know how to read or understand. And one problem also is they don't have internet. We all know to earn bitcoin we need an internet.

I think we should have realistic approach and you have indeed explained things from this perspective. Bitcoins indeed all alone are not capable of putting an end to poverty forever until and unless governments are not there to work hands in hands with bitcoins and other digital currencies.

[Biggapp]

Jeez I don't know poverty can be ended unless people want to, it does not depend upon things presented sometimes opportunity knocks to them but they fail to notice, so I think no

Being poor and being rich is the choice of the person because in bitcoin currency you will get more than hundred opportunities so if you have the guts to do something good for yourself then you should spend money in the bitcoin forum and should buy bitcoin so that you will be able to increase your income through bitcoin and it will decrease the ratio of the poor’s in our country for sure it is providing money to the needy and providing jobs to the unemployed people.

[DreamTeamGG]

Bitcoin, or any other cryptocurrency for the matter, will not change the way people think. While there are economical reasons for poverty, the cryptocurrency and blockchain tech will hardly become an ultimate solution for this issue.

[Kousei23]

For me i think so.. 


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

READ MORE:

I think yes but of course we must put in our mind that gambling can help us to end world poverty in a sense that if we did the right thing in using it. Like we do not use it just to gamble but to help other people in their businesses or lend them some money to build their own or putting bitcoin as a source of our savings everytime we earn.