Can Bitcoin End World Poverty?

[Suguha]

For me i think so.. 


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

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For me it is the willingness and the will to choose that are the main ingredients in solving world poverty. Without it nothing will improve. If someone is aware on what is bitcoin but does not use it as a tool to aid poverty then the possibility that the world will be cleanse from povert is till very impossible. All we need is to choose the right choice for a better outcome.

[Firefox07]

Bitcoin cannot end the world poverty. Because not everyone knows about bitcoin. It cannot end poverty but bitcoin can lessen poverty.

[futile-resistance]

While bitcoin has the potential to at least alleviate poverty, it cannot fully end poverty since not all people from the marginalized sector have access of the internet. Also, the most basic way of earning btc is through joining campaign signatures, which requires someone who has knowledge and who is literate enough to make constructive posts. But if they have the determination and drive to engage with it, then the quest to end poverty starts there.

Bitcoin in todays world can End most of the poverty but i will be enable to end all the poverty in the world because most of the people in the world are uneducated and away from the technology pf the world and they cannot have access to bitcoin.But bitcoin has helped many people in the world to gain the income and it has also decreased unemployment  in many countries because people get a good income source from bitcoin and they can earn there living through it.

[Md Saad]

I don't think so, Bitcoin is using for only for making the profit so that Bitcoin can't be used for eradicating poverty. we know that Bitcoin is only for a community people who have the internet facility, so a poor people are not capable to afford this system so how can a poor people get free from poverty?

[Fappanu]

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 not a magic that can end world poverty. Poverty is a big problem, though bitcoin can make you rich, bitcoin can't solve world poverty. It's true that it can change someone's life. However, not everyone is privileged enough to know about bitcoin. Bitcoin can help a lot of people gain money and it can even make life easier.

[Sled]

For me i think so.. 


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

READ MORE:

Bitcoin is not a magic that can end world poverty. Poverty is a big problem, though bitcoin can make you rich, bitcoin can't solve world poverty. It's true that it can change someone's life. However, not everyone is privileged enough to know about bitcoin. Bitcoin can help a lot of people gain money and it can even make life easier.

Indeed, we should not rely on bitcoin for hoping that the poverty of the world will be to its end because if you really know that not all the people can access the internet because how can you solve the poverty if those people who are in poverty cannot even afford internet and other devices so i don't think that it will be easy for bitcoin to end the world's poverty and make it happen.

[fenomenhaa]

I don't think so, Bitcoin is using for only for making the profit so that Bitcoin can't be used for eradicating poverty. we know that Bitcoin is only for a community people who have the internet facility, so a poor people are not capable to afford this system so how can a poor people get free from poverty?

Yes it is not for the buying and the selling only but also for the profit and the income of the bitcoin will be high if you will invest in the bitcoin I am holding the bitcoin and being the bitcoin user for the long time I like to buy the bitcoin because it is giving the huge profit to those who are willing to invest the money in the bitcoin. It is best investment to secure your money from lose. So for sure it can reduce the poverty through the different opportunities of jobs.

[THAHIRHAJI]

It is impossible to End World Poverty Through Bitcoin. We need to understand that Bitcoin is a another format of currency which is technology based as required by the people for their convenient

So Bitcoin has no role in poverty end up. But for individual if they have bitcoin it will give you huge returns in long term as well short term. So it has potential to give employment through that some people can come out of poverty it is possible practically not the whole world.

[Xenophoto]

In the final scheme of things, bitcoin might even make poverty worse. Let's take a look at what's happening. The poor ones don't have the devices in order to buy bitcoins. Once bitcoin has become mainstream, who will be the ones left using fiat? It's the poor ones because they don't have a smartphone. They will be the last ones to buy bitcoin and at the point that we all have converted our fiat to bitcoins, the price of bitcoin is soooo high already. They don't have that much fiat and by the time that no more merchants are accepting fiat and all have switched to bitcoin, the poor ones are forced to buy bitcoins but they are too late because the price has already skyrocketed.

If ever, bitcoin can make the poor ones even poorer or make the people that hated bitcoin up to the last get the least bitcoins. At least it's going to shake things up a little.

[real eyes realize]

I think it is impossible and that situation is valid for the other currencies also. Are the paper moneys ending the world poverty? Expecting world poverty's ending from a coin is stupidity. Poverty is a big dynamics of the world's balance and I think its disappearence is impossible.

[Sir Cross]

I don't think it would. Bitcoin may have provided opportunities to earn for those who are unemployed or earn insufficiently but to eradicate poverty is a whole different thing. In the first place, bitcoin could not reach those who are poor because you would need internet and a mobile device or computer -- two things that may not be accessed by the poor.

Bitcoin has allowed others to earn or be given some financial freedom but poverty is still present. Even with bitcoin, there will still be poverty because of the structure of our society. Even with new rich men made by bitcoin, there are still others who are poor.

[Chienna]

For me i think so.. 


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

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For me, I don't think so, because it's not about the society, it's about individuals who strive harder to have a successful or normal life. If we work hard we can overcome the poverty that we have now. We need to be a disciplined and reponsivle to our dids in everyday life. It helps us to conquer the poverty. The change will achieve by individual and also our society will be achieving especially in poverty.

[bozo333]

For me i think so.. 


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

READ MORE:

For me, I don't think so, because it's not about the society, it's about individuals who strive harder to have a successful or normal life. If we work hard we can overcome the poverty that we have now. We need to be a disciplined and reponsivle to our dids in everyday life. It helps us to conquer the poverty. The change will achieve by individual and also our society will be achieving especially in poverty.

People improve economy it will improve. So bitcoin helpful to you for the future growth. Bitcoin is the know all country it will improve the economy. Bitcoin also give more information for the future. Bitcoin prices improve price day by day it will give the more opportunity. If know the all information it will know how to handle the issue and improve the future. 

[miltonpogi]

Well, I will easily say No because in general bitcoin is more about money and it is not a formula that needed to end the world wide problem called "poverty" .In my opinion poverty will never disappeared in our society in short it is a part of our world wide problems due to the poorness of many individuals, but cases of poverty can be reduced by helping people to learned how to get out on terrible problems on poverty , raising funds such as feeding programs for poor people may help to stand against poverty, there are many more ideas left to reduced poverty cases, all we need to do is to learn it.  

[sclmte]

We all know that poverty is a very serious problem until now. Some people still cannot provide their children to send to school due to their difficulties in life. So many people today are illiterate, they are lack of knowledge especially when it comes to our new technology. Like in the poor countries, they dont even have an electricity. In this case, it is impossible to eradicate the poverty through bitcoin. It can lessen, yes. It gives the opportunity for those who are blessed to have the knowledge of bitcoin. "And we are blessed."

[Umar001]

For me is capita 'No' let look  at it this way, how many peoples know about bit coin? And those percent that know, how many of them are engaged in it? To some  certain  level bit coin  can only reduce  poverty level in the world.

[Nibeloss]

Can. If it becomes an absolute currency around the world. And now the question is: can bitcoin become an absolute currency around the world? The answer is can not. Therefore, it is impossible to completely end world poverty) Maybe on the scale of individual people, societies or even countries, but with the world ...

[sergeyo9]

No, bitcoin can not put an stop to entire world poverty. Someone will have bitcoin a lot more, and some will have less. It truly is just a forex you need to receive and its quantity will be an indicator of a person's economic amount.

[cmacwiz]

Bitcoin can end worlds poverty but it takes time and need  support of government of different countries. It needs mass awareness and support of people. Bitcoin makes people self independent and gobes them a medium of earning money. Many parents can't sends their children to school,  they don't have money to earnings two times in a day. Many students are educated but due to lack of job they are suffering in their life. Bitcoin help them. In many countries bitcoin works with  government  and help to pull out many people from poverty line. And become an economic saviour

[Chrystora123]

Bitcoin can end worlds poverty but it takes time and need  support of government of different countries. It needs mass awareness and support of people. Bitcoin makes people self independent and gobes them a medium of earning money. Many parents can't sends their children to school,  they don't have money to earnings two times in a day. Many students are educated but due to lack of job they are suffering in their life. Bitcoin help them. In many countries bitcoin works with  government  and help to pull out many people from poverty line. And become an economic saviour

agree, but the main reason why there are still so many governments in the world disagreeing with Bitcoin is because they fear Bitcoin will be used for corruption,
and they do not want the currency that their country creates will simply disappear because of Bitcoin ..