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Author Topic: Can Bitcoin End World Poverty?  (Read 62992 times)
planfox
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October 06, 2017, 11:45:55 AM
 #1161

Bitcoin can not complete poverty. Charity or earnings with the help of bitcoin only those people who have the Internet will not solve the problem of all poverty. It is necessary to create jobs, and not to hope for a miracle.
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October 06, 2017, 12:14:57 PM
 #1162

all can happen through bitcoin we can ask for donations of funds through companies in the field of social to cope with world poverty and education, many in developing countries lack of funds to overcome the social gap, through bitcoin we can raise funds through ico cooperate perusaahan in the social field.
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October 06, 2017, 01:01:18 PM
 #1163

I don't think so because not all less fortunate people like me knows Bitcoin. I am lucky to have here and has knowledge about Bitcoin. If only people in poverty knows the idea of earning or investing in Bitcoins it  could be possible to end. But I hope that time will come they will find a way to have an idea of how to earn in cryptocurrencies like us. The only problem is the information or the availability of internet connection used in doing research for an online job or earnings just like what I did before I met Bitcoin. But if there are group of people willing to help those who have no idea on cryptocurrency to conduct a seminar or education then it is possible. But as of now I think a lot of those kind of people living in a third world countries where poverty is one of the most government concern has been in this technology and I am one of them who finds Bitcoin as a major source of income to help our families with the basic needs and also hoping that someday Bitcoin would change our fortunes.



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October 07, 2017, 03:45:00 PM
 #1164

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.
If someone is not having enough money to come and buy Bitcoins or can in invest in Bitcoin, even then he can earn a good amount of money by joining Signature Campaign and Bounty Campaign.

As far as ending of world poverty is concerned, I think it can play a major role in eliminating world poverty but it’s not possible for Bitcoin to do it all alone. We need to have more such things like Bitcoin.

wahb
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October 07, 2017, 11:14:15 PM
 #1165

I don't think so because not all less fortunate people like me knows Bitcoin. I am lucky to have here and has knowledge about Bitcoin. If only people in poverty knows the idea of earning or investing in Bitcoins it  could be possible to end. But I hope that time will come they will find a way to have an idea of how to earn in cryptocurrencies like us. The only problem is the information or the availability of internet connection used in doing research for an online job or earnings just like what I did before I met Bitcoin. But if there are group of people willing to help those who have no idea on cryptocurrency to conduct a seminar or education then it is possible. But as of now I think a lot of those kind of people living in a third world countries where poverty is one of the most government concern has been in this technology and I am one of them who finds Bitcoin as a major source of income to help our families with the basic needs and also hoping that someday Bitcoin would change our fortunes.
It is a big and hard task to eradicate poverty from all over the world and as for as my view about bitcoin is concerned, bitcoin will definily help in this task but there are several problems like accessibility to internet, interest of people, awareness and education of all the needy people. But ending poverty is an impossible job as some time you will have to hold your bitcoins for a period of time and a poor man cannot wait for long time due to his basic and fundamental needs of life.
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October 08, 2017, 03:40:21 AM
 #1166

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.
Yes, there is hardly any reason to deny this fact that so far only a small number of human beings lining on this earth know about Bitcoin. As far as ending of poverty is concerned, It will be very much difficult for Bitcoin to eliminate the poverty from this entire world even in the next three to four decades. Bitcoin cannot simply do this all alone.
Nothing can eradicate poverty from Earth because there are people who will always want to rule others and gain more power, who want to control everything and run this world according to their desires. We all know about this specie.

They won't give alms to poor even when they have trillions of dollars in their accounts. People are kept deprived of their rights by them and one day they will hold all the bitcoin too.
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October 08, 2017, 03:50:03 AM
 #1167

Can bitcoin return the dragons, unicorns and magic? It is extremely hard to stop poverty, each and every day the abundant are richer and this will not alter everything.
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October 08, 2017, 03:58:55 AM
 #1168

It depend on the situation and the place.Maybe, because it depend to the government if the government adapt the system of the bitcoin people have a job, and also depends on the people if a person not have lack of knowledge and skills or they have technology it is very impossible no solve the problem of the poverty. If you're born poor, it's not your mistake. But if you die poor, it's you mistake.
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October 08, 2017, 04:00:44 AM
 #1169

It is something that can not be predicted, because not everyone can access Bitcoin. because to overcome poverty, it means that all walks of life have to use Bitcoin, while less fortunate people can not access Bitcoin, because they do not have media (smarphone, computer) to get into it. the conclusion, no.
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October 08, 2017, 04:07:34 AM
 #1170

Well its not that easy to end poverty, it is always and should be done by the person or individual how to increase their way of life. Even if we says bitcoin can give you boost financialy, but without knowledge and perseverance it is nothing. As for individuals that pursue for lifestyle improvement and invest or do bitcoin,it is still up for them how they manage the resources. With bitcoin only its imposible to end poverty, but if we add perseverance, thriftiness and bitcoin i think yes.

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October 08, 2017, 05:37:18 AM
 #1171

Bitcoin is a extremely influential digital cash for all peoples to search up or down, now bitcoin will create new items by ending poverty in the planet.
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October 08, 2017, 06:21:06 AM
 #1172

I think yes,  people who able to be a successful person because of bitcoin, so in that way we can avoid poverty, if its happened in one person it is also happen to all of us. Bitcoin can end world poverty.
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October 09, 2017, 01:22:43 AM
 #1173

I don't think so. Bitcoin is just another kind of money (crypto-currency) that is used in buying and selling goods and products. Although bitcoin can open a lot of opportunities for people to earn, I don't think it is enough to end WORLD POVERTY. POVERTY is a serious problem of the world. Every generation, from past to present, has been dealing with this problem, but this generation's poverty problem is worse than the past generation. Bitcoin can lessen the case of poverty to some people, but I can't just agree that it can eradicate the world poverty.
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October 09, 2017, 01:40:27 AM
 #1174

I don'nt know becuase bitcoin is for knowledgable people like others becuase you don't get money if you don't have a knowledge about trading also and withdraw but i think it can help so much to all people to reduce poverty.
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October 09, 2017, 02:42:00 AM
 #1175

I think it can and is worth trying, remember that most poverty problems because of the wrong financial system that is centralized so as not to give opportunities for others to grow.


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October 09, 2017, 02:45:10 AM
 #1176

I think it can and is worth trying, remember that most poverty problems because of the wrong financial system that is centralized so as not to give opportunities for others to grow.
Yes the centralized functioning makes the rich get more richer and the poor go down. When this gets solved, automatically the poverty gets away. To make this possible, governments need to take initiations. Bitcoin serves as an way for the people to improve the economic situation of the people.

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October 09, 2017, 03:00:23 AM
 #1177

Its impossible to end world poverty using bitcoin because bitcoin only have limited resources. It cannot sustain all the people in the world. Also, many of the poor people dont have any idea about bitcoin or does it even exist. We need to educate them first about it.

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October 09, 2017, 06:17:17 AM
 #1178

Bitcoin can not complete poverty. Charity or earnings with the help of bitcoin only those people who have the Internet will not solve the problem of all poverty. It is necessary to create jobs, and not to hope for a miracle.
I have the same opinion in this matter. Bitcoin can decrease the unemployment but not poverty.  If we look at the causes of poverty then illiteracy and underdevelopment are two major factors. Bitcoin cannot teach a person or make developments in a country.

It is the government choice and honestly politicians are not very sincere about the future of the country. Only few governments really care. Poor countries are poor because of corruption and bitcoin can't punish the culprits.
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October 09, 2017, 06:54:02 AM
 #1179

I do not think the bitcoin can end world poverty but it has the ability to elevate the lives of every people that will participate with it.  I said that no because not all people will participate in bitcoin community, those who got interested and saw the potential will be the one to jump in  so they will be the only one to get benefits from Bitcoin.



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October 09, 2017, 07:19:49 AM
 #1180

I think it can and is worth trying, remember that most poverty problems because of the wrong financial system that is centralized so as not to give opportunities for others to grow.
yes that is the world today running such a system, and we should not oppose that system,
especially now that we as ordinary people can only take the rules or the existing system

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