Can Bitcoin End World Poverty?

[Harlot]

I believed in the possibility of ending the world poverty and bitcoin can be one of those who can make it end. Bitcoin has a concept of taking digital ownership from which one can have it's own "property" or something that he/she can hold on to. With this, the possibility is at its far most than we can think of, the only thing that it limits this possibility is the one handling it. 

It cannot be the solution in solving the world poverty. Even if so it depends on the individual if they really want to take advantage of it. As even before Bitcoin got offered in the public there are many ways to destroy poverty but until now why is it still here? From the stock market to real estate everything can be used as a tool to become rich but do you see poor people using it? I guess that it is really not there fault as they lack knowledge and capital to get going in there journey out of poverty.

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[kaizen96]

Just rising of productivty can reduce poverty, and that should happen in countries with big natality, like India and African countries. You can't drink or eat bitcoin.

[A.H.Rassel]

Bitcoin simply giving the chance to individuals to gain cash through bitcoin yet it doesn't imply that it can conquer the neediness of the general population in light of the fact that not every one of the general population of the world will utilize bitcoin. My feeling if individuals find out about Bitcoin and blockchain or included trading, mining utilizing bitcoin, at that point, they well get Bitcoins opportunity

[shushu9977]

I don't think so.it reduces poverty but not finish totally.....

[micleeiu398]

For me I don't think so. Because poverty is not a problem of everyone it is a problem who experience it. If they did not do something good for the sake of their future the poverty will not end. Bitcoin is only way to have a chance to be successful. Even though you're not in bitcoin you can be successful through hard work, and the good attitude you have. Be patience because someday poverty will end through your dilligent.

Yes it is the bitter truth that poverty can’t be ended whatever you do. This is a natural phenomenon. But yes, if you talk about bitcoins, it has made some irrational results of ending poverty in a handsome number of families. It is playing the vital role but still much more to do.

[biskitop]

yes, I totally agree with that. just imagine when the current bitcoin value is 1 BTC = $ 3739.0353581814. and every citizen around the world has bitcoin, it will greatly help the economy in countries around the world.

[Pubg_man205]

yes, I totally agree with that. just imagine when the current bitcoin value is 1 BTC = $ 3739.0353581814. and every citizen around the world has bitcoin, it will greatly help the economy in countries around the world.

To every citizen had at least one bitcoin, he needs the opportunity to earn it. Many do not have the Internet to earn it, but for many in the country it is simply banned.

[Xenophoto]

yes, I totally agree with that. just imagine when the current bitcoin value is 1 BTC = $ 3739.0353581814. and every citizen around the world has bitcoin, it will greatly help the economy in countries around the world.

Every citizen around the world don't even have $100, how come you can expect that it's possible for people to have 1BTC each. Plus, the total supply of bitcoin is just 21 million and there's 7 billion people. That alone proves that your thinking is impossible. Assuming that there's more than 7 billion bitcoins in circulation, how are you going to give every single one 1BTC each if not everyone has a smartphone at all. I think that bitcoin can help people but never end world poverty. There will always be people doing wrong decisions in life that will lead them to going homeless. There will always be people that aren't intellectually capable of understanding basic things and are doomed to stay at the lowest financial point.

[haroldtee]

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.

And for how long will these signature campaigns keep going on? Even if they still exist in the next 20 years, the fact that most people are even into the whole signature campaign now or on this forum is via information they have, which apparently not everyone is willing to search for or some are just too lazy to find out. My point is, if we are talking about poverty at the global level, it won't be eradicated cause of bitcoin but it can at least change the life of few who were able to make use of the information they have now, which is still the same thing that separates the rich ones we have even before the invention of blockchain to the poor ones today... INFORMATION! So, bitcoin or not, some people will still be as poor as church rat.

[Nissan-GTR]

I don't see how bitcoin is helping people in Africa getting food or avoiding wars.

Cause thats because its not bitcoin's  responsibility, it is just a digital currecy to be used for transactions and investments, eradicating poverty must start in everyone of us,it is achoice I think. Since poverty is one of the most unsolved businees of the world  think constant effort must be conducted, charities, public services , educational programs may help giving support for those in need and local and private entities must contribute financial assistance for this vision to be true.

[Andy.P.GReen]

Bitcoin and World Poverty has no connection, so to answer your question simple: NO.

[Ajinomoto40]

For me i think so.. 


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

READ MORE:

To be realistic, bitcoin itself would not achieve the complete absence of poverty in the world. There are still a lot of factors to be considered before this things would be able to come to life. We should also consider the fact that not everyone in the world are aware on what bitcoin is and how it helps someone. The current situation of bitcoin in the world is not that influential and by this manner, you can already conclude that bitcoin won't be able to end world poverty.

[bentong talong]

For me i think so.. 


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

READ MORE:

Bitcoin is just a cryptocurrency and we should not depend with it alone with the solution of world poverty. The will of the people is still one of the main thing that should be dealt with if we want to end the world poverty. We are not sure that everyone would want to do bitcoin and maybe some of them would not be convince so in conclusion, we can't really depend on bitcoin instead we should work on with the people around us.

[Spontebob]

For me i think so.. 


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

READ MORE:

I think it would be able to end world poverty in some ways if and only if everyone are going to know it and use it as an instrument to escape poverty. There are a lot of things that should be dealt with if we really want bitcoin to help solve poverty globally. Each nation should work on the legalization of bitcoin on their place so that everyone will have the chance to know bitcoin. By this way also, we are helping every individual shape the world.

[Sir Legend]

Efforts are being made to reduce poverty, but it all looks difficult because of the troubled world's financial system. we must immediately switch to the cryptocurrency system so that poverty can be reduced.

[kyori]

For me i think so.. 


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

READ MORE:

I think it would be able to end world poverty in some ways if and only if everyone are going to know it and use it as an instrument to escape poverty. There are a lot of things that should be dealt with if we really want bitcoin to help solve poverty globally. Each nation should work on the legalization of bitcoin on their place so that everyone will have the chance to know bitcoin. By this way also, we are helping every individual shape the world.

It can not end world poverty, think about those really poor countries like Africa do you think bitcoin is the solution? No, it is not. Do all part of this world have gadgets and internet? No, they do not have it. Like what I said before they would rather buy foods to live than to buy those things.

[oreits11]

the relative numbers with the level of exchange as leaves of the range as length of value on appropriation the altcoins customs with the micro and nano unit of qualification might helps as with the parts on systematicals to gives of chance as the wider of partisan with the users of the business to gains of option of attendance as becoming subjects of the business with the crypto currency finance.

[tn211]

Some people think it can, but not me. I think bitcoin can be of great help to have people from poor countries deal with the high fees the banks charge. But vanishing poverty is an utopia.
Many have tried, and pessimistic as I am, I am many more wil try and they will fail.

[Ejanend]

Bitcoin helps many people specially when it comes to financial needs it offers many opportunity for income but it cannot help those poor because using bitcoin requires knowledge and proper education and if you don't know how to use this technology you cannot adopt to bitcoin

It is very true a lot of people are still dependent on the bitcoin to get their life’s daily needs, bitcoin has the potential to change the life as it is growing and making the life of the users easy and reliable. To overcome the world poverty it is very important for the government of the country to get involved in the country policy bitcoin cannot finish the poverty but I think making bitcoin legal will be a great step towards it.

[Batang Hambog]

Well with one snap of bitcoin it cannot end the worlds' problem which is poverty. It is always up for the people to move by themselves. It is on the people that is on that situation, it is up to them if they still wanted to live or they wanted to die as poor. There are a lot of stories I've read saying that there were many people born as poor but died as rich. Well for them to end their poverty using bitcoin they need the literacy to do it. At least they need to be media literate to deal with this.

I dont think so. It is so broad to help the world in this kind of sick in our society which is poverty. Bitcoin cant suppport everyone to sustain our needs. Because some rich people are greedy and not thinking the state of other people.