Can Bitcoin End World Poverty?

[meliodas]

For me i think so.. 


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

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Bitcoin helped a lot of people who know about it. However, I don't think that bitcoin can be  a solution to world poverty because bitcoin is not accessible to everyone. Bitcoin can change life but unfortunately not everyone is lucky enough to have an opportunity to know about it. Even if you know about it if you don't do something you wouldn't gain anything from bitcoin.

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[BUK2016]

I don't personally believe bitcoin can end world poverty. This is because, bitcoin is a currency which must be earn or bought. To eliminate poverty, the process has to start from educating the poor people in the societies. Illiteracy is most time the root of poverty couple with mind set, if all this factors are tackled, it is only then poverty will be reduce to the bearers minimum and not just bitcoin.

[Xylber]

If you end up poverty, nobody will do the dirty jobs of the world.

[player514]

If you end up poverty, nobody will do the dirty jobs of the world.

The job of the poor is not to do dirty jobs. It is our job as people who are not affected by poverty, to help those who are get back on their feet. No one wants to be doing the dirty jobs; it just so happens that the poor are forced into doing whatever opportunity they get because they need to live.

[laravuemaster]

If you end up poverty, nobody will do the dirty jobs of the world.

The job of the poor is not to do dirty jobs. It is our job as people who are not affected by poverty, to help those who are get back on their feet. No one wants to be doing the dirty jobs; it just so happens that the poor are forced into doing whatever opportunity they get because they need to live.

Maybe bitcoins can help people that are affected by poverty when they know how to earn like what we are doing here in this forums, But it happens that they cannot even afford to buy their own computer or laptops just to start and they don't have any knowledge about it, Only a good samaritan can help them.

[kamotharnn]

I don't personally believe bitcoin can end world poverty. This is because, bitcoin is a currency which must be earn or bought. To eliminate poverty, the process has to start from educating the poor people in the societies. Illiteracy is most time the root of poverty couple with mind set, if all this factors are tackled, it is only then poverty will be reduce to the bearers minimum and not just bitcoin.

No, it is not about the process or about bitcoin. It is because of the existence of money. because there is money, we have to accept the poverty.  As long as money still be on this world, we can not end the poverty. And the government will never want that to happen. They need to use money to control the people as well as let the people to buy and sell things easier. World without money is hard to exist. Therefore, we have to accept that the poverty can never end and there is no way to stop it

[Fireblade]

For me i think so.. 


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

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Word poverty is a big issue and I think it's impossible to end it. World will not be balanced if everyone is rich, it's cruel to say but I think it's hard to imagine and it's impossible for everyone to be equally rich. Bitcoin can provide income to those who know it, and not all who experience poverty know about bitcoin and not everyone who knows it is willing to help the poor.

yes and i think that it is increasing from time to time, it is depending on different factors and i think that the main factor is that of  the increasing population of a state, because it the become difficult for a state to give job to everyone to earn a decent amount of money and support themselves and their families.

[Sate Jamu]

With a decentralized system in bitcoin then this is a good opportunity for all of us to tackle or reduce poverty, remember the main factor of poverty is the uneven distribution system.

[Osarman]

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?

Yes I agree to you 100 percent. There is no way that bitcoin can end world poverty, because many good currencies like dollar prevails in the world for a long time, will it overcome on poverty? No. the same is here with bitcoin/ there is no sense that bitcoin will handle the poverty of the world because it holds by individuals and they will never spend their bitcoin for other people of the world below poverty line.

[justspare]

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.

I don’t agree with you. If all the people intersects with bitcoin how is it possible to overcome on poverty. Will you give your bitcoin to poor or you will buy good of their needs with you bitcoin. I am sure nobody will do the same as are not doing it with their paper currency.

It is not due to currency it is all about the people who can end world poverty. If all the people think to overcome world poverty, they can do it without bitcoin.

[mozillaspez]

If you end up poverty, nobody will do the dirty jobs of the world.

yes it can end up poverty but people of that respective nation must have a piece of awareness and knowledge and when people gain some info about it so they must start their work and in my opinion it would not deprive them and they would not even think of their ordinary useless jobs

[tyronecoinbit]

If you end up poverty, nobody will do the dirty jobs of the world.

yes it can end up poverty but people of that respective nation must have a piece of awareness and knowledge and when people gain some info about it so they must start their work and in my opinion it would not deprive them and they would not even think of their ordinary useless jobs

I don't really agree,bitcoin can't solve the world poverty because there are still a lot of illiterate people.So how can we teach bitcoin like that if they don't even know how to read and write although bitcoin can help anyone to have an extra income. On the other hand, some people already accepted their fate of being poor so maybe that's the reason why bitcoin can't solve world poverty

[Paecga129]

Absolutely Bitcoin can end world poverty and that is the goal of it. It is going to decentralize every centralized system, and that is what the world economy is today, and allow everyone a fair chance at bring value to the economy that can't get changed.

[Allan Ramanda]

bitcoin is really helpful for the bottom, because they can make money casually, and how to get it pretty easy, if you do not have money, you can also get it for free.

[BitcoinBallerina]

I believe Bitcoin can end world poverty as long as everyone gets some in their hands, or rather in their phones. Then people all over the world can express value on a transparent global ledger.

[Shomeare1932]

I think Bitcoin can't end planet poverty but it can lease poverty. Not all know BTC and use BTC like inadequate folks never have cell or notebook to be used. But like us that we know BTC we can lease poverty by supporting people close to us. 

[DuaLipa]

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?

Yes I agree to you 100 percent. There is no way that bitcoin can end world poverty, because many good currencies like dollar prevails in the world for a long time, will it overcome on poverty? No. the same is here with bitcoin/ there is no sense that bitcoin will handle the poverty of the world because it holds by individuals and they will never spend their bitcoin for other people of the world below poverty line.

We shouldn't expect bitcoin or other coins to end world poverty, this is impossible and not for bitcoin's business. The world povert has been occuring since the start of the life. This is inevitable.

[Rinder]

Bitcoin is allowing anybody to get a decent extra income doing signatures as well trading and several more projects related to crypto currencies. Taking those into consideration i do believe it can help to improve all life since they can earn extra income online, wich may change a lot their lifes and for a few will turn into the main income they will get.

[gotya1]

If somebody doesn't have any money then another currency wouldn't help them because they wouldn't be able to exchange for it.

I don't see how Bitcoin could end poverty.

[happyme1818]

For me i think so.. 


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

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Nope. Because not all people are willing to work to accumulate more bitcoin. One more thing is that transaction fee is more expensive than before and it will grow the moment bitcoin price will rise again.