Can Bitcoin End World Poverty?

[thugpi]

Bitcoin helps alot of people by providing them income but I don't think bitcoin can end world poverty because poor people can't buy gadgets use to do bitcoin, we can end poverty by good governance and it should start with outselves, we should work hard for us to reach our goal.

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[Pab]

Sure poor can buy bitcoin now at price 5000$ and experience price drop to 3300$
Bitcoin can  does eveyting,but i dont know how
Maybe pray to bitcoin is good way,faith can move mountagnes

[Watashi Yamashita]

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 is indeed one of the most effective way as an scapegoat from poverty. It can make you rich as long as you are willing to exert all your effort and time with it. Another thing is that bitcoin is not yet widely and deeply known all over the world which means not everyone will be able to surpass all the challenges. It would surely take a very long time before this thing would occur because of the innovatons happening within bitcoin itself.

[cryp24x]

Definitely no.

For me i think so.. 


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

READ MORE:

Bitcoin is indeed one of the most effective way as an scapegoat from poverty. It can make you rich as long as you are willing to exert all your effort and time with it. Another thing is that bitcoin is not yet widely and deeply known all over the world which means not everyone will be able to surpass all the challenges. It would surely take a very long time before this thing would occur because of the innovatons happening within bitcoin itself.

I agree since there are lots of income opportunity that can be found in Bitcoin economy.  One of which is trading, where if you can master it, you will be rich in no time but not all have access to bitcoin. And no matter how good is the offer if people cannot access and reach that offer then it will do nothing to help this people in poverty to elevate their standard of living.

[aurumrex]

I don't think that Bitcoin can end World poverty. We can't get it for free. Nobody will give it  for free.

[PepperaOnIt]

I don't think that Bitcoin can end World poverty. We can't get it for free. Nobody will give it  for free.

Yes, this bitcoin in not free, you must need the skills like the successful person has, you need patience, diligence, intelligence and also hard work to become successful. This is not for the lazy person, you need hardwork for this.

[ipanks]

i am sure that bitcoin can end world poverty if government giving a chance to the people to use internet connection by freely and they don't banning bitcoin itself. without helping from the government, people is difficult to reach what they want. i think soon if many country take a part into crypto currency then people can used bitcoin to solve the financial problem.

[Visbay]

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.

Yes I am agree with you bitcoin can play a very big role to end world poverty specially in third world countries because I know in third world countries there a lack of clean drinking water and education ratio is also not so good and the bad thing is there is no jobs available easily but the good thing is bitcoin has a high price their if they convert bitcoin in their local currency it can change their life.

[SirLancelot]

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.

There is no doubt in this fact that bitcoin has improved the financial status of many people. Those who were living a life of poverty are now having a life where they are not supposed to beg anyone for meeting their financial needs. Bitcoin has the potential of making anyone rich whosoever is holding them for a long time. Bitcoin is no more just currency, it is a blessing for the poor.

[Kittygalore]

For me that is impossible because the bitcoin is just a currency it is depends on the people on how they will use it in their daily lives.

[logicgate]

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.

Let's just see the main cause of world poverty. It is education why there is no education in some part of the world? Because of government and politicians, the secret society which i trying to control the world. If everyone has internet connection, knowledge of cyptocoins and technology only then bitcoin and other digital assets can erase poverty but is this really possible for everyone even in the future? Obviously no.

[geopolisch]

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.

A good example for making others understand about the fact. Seriously can you think we can bring back all those dinosaurs and dragons and many other things like it? Absolutely no, so why people can think about ending poverty? These both facts are alike. Nothing can make the world poverty-free, but yes we can say bitcoin can help to reduce the number of poor.

[tengek37]

If talking about economy and poverty, bitcoin is not a factor that can eradicate bitcoin poverty is just one way to go. Rich or not a person is dependent of the person's own efforts, semaking he worked hard and not despair, the greater he was to get the results he expected.

[Sled]

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.

A good example for making others understand about the fact. Seriously can you think we can bring back all those dinosaurs and dragons and many other things like it? Absolutely no, so why people can think about ending poverty? These both facts are alike. Nothing can make the world poverty-free, but yes we can say bitcoin can help to reduce the number of poor.

It all depends on the people if they want to end the world's poverty because it doesn't depend in bitcoin or any cryptocurrency to solve the poverty, it is up to the people in the world if what they will do in order to solve the issues or problems that they have like poverty. Even there is no bitcoin or whatsoever, we can still have a chance to eliminate the poverty if we want to and that is by working hard everyday.

[KroFly]

Bitcoin can not solve world poverty only by its existence. It is a currency that many do not want to earn in order to improve their financial position.

[tengek37]

I really think it will not entirely end poverty, because if a person does not have such knowledge in such feat I think it is very impossible for someone to just invest in bitcoin and hope it will take a leap up then boom your investment will automatically just make you a billionaire, It will really take a serious teachings to someone to really understand bitcoin, well a 12 year old become a billionaire because of bitcoin because he has skill and knowledge with it, but for a country to get up to poverty I think poverty will never end even in the richest and largest countries will always have poverty.

I agree with your opinion, education can reduce poverty because with education we can know something that can make us understand something that might make us rich.

[Xenophoto]

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.

Yes I am agree with you bitcoin can play a very big role to end world poverty specially in third world countries because I know in third world countries there a lack of clean drinking water and education ratio is also not so good and the bad thing is there is no jobs available easily but the good thing is bitcoin has a high price their if they convert bitcoin in their local currency it can change their life.

I think the only country that lack clean drinking water is Africa and some other couple countries but not all third world countries. Most third world countries are actually rich in resource but then the government is taking it all away from them or that a foreign country is harvesting all these resources and sending them to their country. Plus, another thing I'm thinking of, if their education is so bad plus they don't have money to buy a drinking water, then how come they have a smartphone, and some bitcoins to begin with? I think that's the little flaw of your argument. They don't have bitcoins, trust me. Because if an individual there do happen to have one, then he probably belongs to the upper class since he owns a smartphone and have an Internet connection. If someone from the poor have bitcoin, then he's already getting out of that place.

Is bitcoin free money for everyone? Will bitcoin create a work place for everyone? Will bitcoin create food for everyone and build houses?

If bitcoin will not deliver the above mentioned things for everyone, I personally can't see how it can end world poverty. But a huge part of the people surely will benefit from the bitcoin system.

Bitcoin did open up a work place for a lot of people and I think that if the poor will participate to this basic tasks, then they can eventually get out of poverty. Note that I'm referring to the "poor" here that can still afford food, a smartphone, and an Internet connection.

[tengek37]

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.

A good example for making others understand about the fact. Seriously can you think we can bring back all those dinosaurs and dragons and many other things like it? Absolutely no, so why people can think about ending poverty? These both facts are alike. Nothing can make the world poverty-free, but yes we can say bitcoin can help to reduce the number of poor.

I agree with your opinion, Because bitcoin is just one way to reduce poverty, bitcoin is not far berberda with other business if we can take advantage of opportunities as possible, we can get a fair share.

[AlexRej]

I think that bitcoin and the worlds poverty are not that directly connected. It is definitely not a solution to solve thousands of issues in the developing countries.

[eXeblock]

very interesting question!