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Author Topic: Can Bitcoin End World Poverty?  (Read 62992 times)
yuriyn
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October 04, 2017, 05:39:06 AM
 #1141

Financial literacy is a single aspect you should appear into when it comes to bitcoin and poverty. However, blockchain tech by itself and not bitcoin could be much more applicable in the growth sector. Hopefully we will see much more scholarly content articles on this matter shortly.
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October 04, 2017, 06:02:57 AM
 #1142

No, because whales with a large number of bitcoins will simply crush the rest, having bought from them and all will remain the people of the top 100, and the rest as they were so will be poor.
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October 04, 2017, 09:25:13 AM
 #1143

It can change someone's life, but I doubt if it can end world poverty because, world poverty is a world wide issue and it is too big for bitcoin to handle. It's true that bitcoin provided a lot of opportunities to people who know it and who has access to it, however, poverty is a lot more bigger than bitcoin. So, bitcoin cannot end world poverty.

It's really possible that it can change our lives but I really can't see it will end up the poverty of this world. There are that much problem in this world that needs to be solved and even there are solution to those problems still it's not possible for us end those problems. The scope of solving the world poverty is a big thing and I doubt it that bitcoin even someone from the community will distribute his wealth and do charitable activities.
Poverty is one of the most difficult problem in our world because a lot of people are still poor and they are in the range of poverty and it takes a lot of things to change before the poverty will be solved. It takes a better concept for the people like education so they can have a better education for their selves and they can work on a higher job and earn more money to escape from poverty and even bitcoin is a great opportunity, it is not enough for the world to end the poverty.
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October 04, 2017, 10:12:22 AM
 #1144

It can change someone's life, but I doubt if it can end world poverty because, world poverty is a world wide issue and it is too big for bitcoin to handle. It's true that bitcoin provided a lot of opportunities to people who know it and who has access to it, however, poverty is a lot more bigger than bitcoin. So, bitcoin cannot end world poverty.

It's really possible that it can change our lives but I really can't see it will end up the poverty of this world. There are that much problem in this world that needs to be solved and even there are solution to those problems still it's not possible for us end those problems. The scope of solving the world poverty is a big thing and I doubt it that bitcoin even someone from the community will distribute his wealth and do charitable activities.
Poverty is one of the most difficult problem in our world because a lot of people are still poor and they are in the range of poverty and it takes a lot of things to change before the poverty will be solved. It takes a better concept for the people like education so they can have a better education for their selves and they can work on a higher job and earn more money to escape from poverty and even bitcoin is a great opportunity, it is not enough for the world to end the poverty.



I can not say that bitcoin can end the poverty but its just one of many ways for us to have a chance to  get rich.It takes many ways to end this poverty.We need to take serious action about this issue.Not just bitcoin can end the world poverty but its ourself needs discipline and focus on learning things that can help us on how to get rich.Study hard and plan for the future.
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October 04, 2017, 10:16:36 AM
 #1145

The problem of poverty is very complex and not easy to reduce let alone eliminate, this is the problem of the state and without the role of the state of course with nothing will not be able to overcome poverty. The state system must change which initially centralized into decentralization.
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October 04, 2017, 10:22:17 AM
 #1146

Can bitcoin end world poverty? I think it’s very difficult to say because the poverty is increasing day by day. This is uncontrollable factor but if we look to the comparison of poverty and purchasing power I think it will improve the purchasing power of the people.

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October 04, 2017, 10:25:45 AM
 #1147

Bitcoin will greatly help in the solution to poverty only if everyone works together collectively. Bitcoins will be able to feed people and bitcoins can develop physical jobs from this electronic monetary system. We can all help by start donating to some NGO willing to do all the heavy work for us. Since bitcoin now costs so much, I think it would really contribute to countries drowning in poverty right now.

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October 04, 2017, 10:53:14 AM
 #1148

It may or may not be able to do that. The thing is bitcoin is virtual currency and is used by those who know the internet and technology stuff. The poverty relates to people who are under developed or doesn't know much of the lesisure things in the world. There are no other people who will take their bitcoins and will donate to poor people for advancing their lifestyle.
We have the same thought. I think bitcoin can't end the world poverty but it might be lessen. We know that poor people have don't have enough money to get internet or gadgets to access bitcoin because even their daily food is a problem. I think bitcoin can only help to develop the economy of that country because it can lessen the unemployment rate.
I also believe that bitcoin will not end world poverty but it will lessen it somehow. Not everyone is same with the status of living or way of source of income. Others are employed, other are not. And I believe that bitcoin can help lessen unemployment rate because it will give job to them, and will help them to earn income.
Nothing can end the poverty of world it have been rule of nature that there are some who are rich enough, some are just rich, some are medium, some are poor, some are much poor and some are living just a life of misery so whatever you say, bitcoin can help governments to minimize the poverty ratio but can never kill the poverty word.
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October 04, 2017, 02:32:16 PM
 #1149

In my opinion as well it can never end worlds poverty..this can make someones life wealthy  as times goes by..if he has knowledge about bitcoin..as we all know  just a few only knows it..and not everyone knows about how to earn btc..especially in our country in which everybody think its a scam..those people who wont take risk to invest and learn will never end its curse of poverty.

It can end poverty if the person not able to change here life and find a job so that they have some money to pay some foods and evrything that they need in everyday life. And thats true its only few people knows about bitcoin but if they want to learn about we want to teach them if they want to learn.
yeah it can not stop poverty in the world if many people think that bitcoin is a scam and poor people can not recognize bitcoin for some reason,, although bitcoin provides a great advantage even to a person even providing wealth but you can see for yourself that the poor will not get rich because they can not use bitcoin and the rich will get richer because they can easily access and invest in bitcoin,, then the gap of society in the world will really happen
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October 04, 2017, 02:40:26 PM
 #1150

I think it is possible for bitcoin but it needs a lot of user and uses issue. Proper steps can help in this case.

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October 04, 2017, 03:57:03 PM
 #1151

It can change someone's life, but I doubt if it can end world poverty because, world poverty is a world wide issue and it is too big for bitcoin to handle. It's true that bitcoin provided a lot of opportunities to people who know it and who has access to it, however, poverty is a lot more bigger than bitcoin. So, bitcoin cannot end world poverty.

It's really possible that it can change our lives but I really can't see it will end up the poverty of this world. There are that much problem in this world that needs to be solved and even there are solution to those problems still it's not possible for us end those problems. The scope of solving the world poverty is a big thing and I doubt it that bitcoin even someone from the community will distribute his wealth and do charitable activities.
Poverty is one of the most difficult problem in our world because a lot of people are still poor and they are in the range of poverty and it takes a lot of things to change before the poverty will be solved. It takes a better concept for the people like education so they can have a better education for their selves and they can work on a higher job and earn more money to escape from poverty and even bitcoin is a great opportunity, it is not enough for the world to end the poverty.

And every country is dealing with this problem and I can't see that the possibility of making bitcoin as the solution to this problem. Not all citizens are good in computers or any internet related things, that's why it's hard to elaborate to the people that are misfortune about bitcoin. They will struggle on understanding it and instead they might just work in a traditional job and not with bitcoin.

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October 04, 2017, 04:44:37 PM
 #1152

Bitcoin ending poverty is not very likely. The core of poverty lies not with access to a currency with low transaction costs, but with skewed distribution of wealth. Bitcoin might be able to make some people more wealthy than they were before, but poor people won't have the money to invest in it. Therefore it will more likely create a bigger gap, if anything.

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October 05, 2017, 11:28:13 AM
 #1153

bitcoin really can help those who want or a person whose on it in cryptocurrency, it also can change someone lifes if your lucky enough, but Ending World Poverty? I would say it is impossible, many Big Fish will counter bitcoin in the future, also not all Person are willing to know about bitcoin. just my opinion.
Bitcoins have made enough progress till now to conquer the international market. It has changed the lives of people. Hundreds and thousands of families have been facilitate through it so why anyone is interested in knowing about ending poverty. It is individual in nature so it really can minimize the poverty rate, but surely can’t end poverty.
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October 05, 2017, 11:37:25 AM
 #1154

I think bitcoin, or the, really, blockchain encryption that's behind it, has a greater ability to bring more of the world's population out of poverty than anything we've seen.
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October 05, 2017, 11:45:48 AM
 #1155

Bitcoin can help since third world countries can get an income with bitcoin, soo the money into circulation reduces the unemployment, wich decrease the poverty at some places, im not sure bitcoin will be enought to handle those people, because not all have acess to computer and internet, and without it they wont get bitcoin. Soo it helps some people, but poverty will be only handled if a healthy person hire others to do some work where both will win money.
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October 05, 2017, 01:40:06 PM
 #1156

Friend,  I also think like as you say.  Bitcoin is an amazing currency as like money maker machine.  people in the whole world, are allow to  buy bitcoin. no registration,  No card. No Nid is need for buying bitcoin. i also think bitcoin have the power to minimize proverty and soon bitcoin gonna end world proverty

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October 05, 2017, 03:36:56 PM
 #1157

Currently Bitcoin is doing its component in ending the world-wide poverty. Countless numbers of individuals generate income from the signature campaigns here in Bitcointalk. And several countless numbers of individuals are used by the hundreds of crypto-exchanges about the planet, in addition to people 1000's of traders who generate a living by buying and selling Bitcoins.
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October 05, 2017, 03:45:02 PM
 #1158

Currently Bitcoin is doing its component in ending the world-wide poverty. Countless numbers of individuals generate income from the signature campaigns here in Bitcointalk. And several countless numbers of individuals are used by the hundreds of crypto-exchanges about the planet, in addition to people 1000's of traders who generate a living by buying and selling Bitcoins.

Bitcoin is simply a new field of making money. Opening up a new field of knowledge will surely give jobs to new people. Since we're the ones to be the first here, then we are the ones that will generate the most money in the future in case we kept on holding bitcoin and that nothing bad happens to it. We can become rich, but that doesn't mean our neighbors will become rich too. Bitcoin cannot end world poverty but at least it can save some of the people.

Poor people don't even have an Internet, let alone enough knowledge to make money from the Internet. But regardless, if that poor person really want to get out of poverty, he will do his best in order to rent a computer and learn about how to earn money. It's the information age, literally everything you want to see is already out there. It's all on you what are you going to do with that knowledge or are you going to do anything at all.

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October 06, 2017, 10:41:42 AM
 #1159

I think it is possible for bitcoin but it needs a lot of user and uses issue. Proper steps can help in this case.
Maybe you will find my words a little harsh but you or anyone won't deny them. In order to end poverty, we need money basically. This world does not lack in paper money, if we talk about that, there are thousands of tones of jewels and infinite amount of fiat all over the world but the main problem is we have serpents. People that want to stay in power and honestly bitcoin is helping the unemployed but at the end , it will be whales with most amount of bitcoin. Some people won't let poverty vanish as they like having beggars.
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October 06, 2017, 11:36:49 AM
 #1160


Yes bitcoin really produce cash.Bitcoin gives income to the un employed at home ,even students provide allowances.Every people willing to have bitcoin,allow in bitcoin world.Everybody is welcome here as long as you know how to follow the procedure.So I think bitcoin is the answer to end poverty in our country.There are lots of imposible in life to be possible at bitcoin.
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