Can Bitcoin End World Poverty?

[shesheboy]

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.

yeah agree, bitcoin can help most people who are unemployed to earn something online but that doesnt mean that it can end the poverty in the world because that is designed naturally by god and theres always a poor and rich in order to have a balance ecosystem. but  i believe also that one person can change his life or make his/her life better with help of bitcoin and cyrptocurrency as long as he/she has a dedication and hardwork plus a positive atitude.

[sdas90]

Bitcoin can end world poverty but it is will be difficult because all people are not educated. every people  should have educated and they should have knowledge about Bitcoin.illiterate people can not remove poverty.fist of all everybody should have educated and It's not also easy that the whole world will embrace bitcoin because not all of us is the same way of thinking so every country should allow Bitcoin otherwise not possible to remove world poverty.

[Shanmatthew]

Bitcoin can't end the poverty in this world, its because some other people didn't even known what is bitcoin at first place. poverty is a part of our world government problem. So it can't  end it.

[Kr8os]

Highly doubt it. If anything, I think it will skew the line of poverty even more -- the rich will be richer, the poor will stay just as poor. : (

The only exception may be the few who decided to take the risk in investing in Bitcoin in the first place.

[Gotumoot]

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, of course it can change someone financial status, however, world poverty is too big for bitcoin. It's hard for everyone to be equally rich, our society doesn't work like that. If everyone is rich there's no point on doing business, everyone won't be working.

[Kisanaq]

The main source of poverty is education, never be able to reduce poverty if the government ignores education, although bitcoin is legalized but because many do not understand education it will be difficult to reduce poverty.

[Lanatsa]

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, of course it can change someone financial status, however, world poverty is too big for bitcoin. It's hard for everyone to be equally rich, our society doesn't work like that. If everyone is rich there's no point on doing business, everyone won't be working.

You are actually right on which bitcoin cant really resolve world poverty even if you do combine all local fiat currencies it cant really solve out.Poverty is really a big global problem which theres no equality on each status of living of a certain people.There would always be a rich and a poor person.Knowing funds doesn't really being distributed equally and I cant see that bitcoin would really resolve that thing.

[Cherylstar86]

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, of course it can change someone financial status, however, world poverty is too big for bitcoin. It's hard for everyone to be equally rich, our society doesn't work like that. If everyone is rich there's no point on doing business, everyone won't be working.

I agree on that. People didn't choose to live in poverty and we can't change the fact that being born as poor will continue being poor. Maybe bitcoin is the gate way to become a better person and to live the life to what others dream of. It may not happen that fast but it can help step by step of your dreams to end up poverty by yourself. Use bitcoin as an intrument to help and by the use of your skill in terms of business. Always be open minded to achieve that to end world poverty on your own.

[Kiweikoo]

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.

With the introduction of bitcoin and other crypto currencies, things have changes a lot. Bitcoin has provided a good way of earning to so many of us and there are so people who are now earning a very good amount of money just because of bitcoin. Even then, it is not possible for bitcoin to end the world poverty all alone. It can play a vital role and is playing a vital role in making the economy better.

[veronikka]

i think thats not possible. some of other countries didnt know and did not realize what is the value and importance of bitcoin. i hope this site will continue its propagation in other countries.

[AjithBtc]

Poverty is something beyond the innovation, here the growth in technology can serve as an way to make the management function effectively. In my personal thinking until the government facilitate actions, poverty cannot be eradicated from the society.

[Kevondo]

Bitcoin can't end the poverty in this world, its because some other people didn't even known what is bitcoin at first place. poverty is a part of our world government problem. So it can't  end it.

Yeah a lot of the countries are suffering from the poverty and he bitcoin will be the best source of the bitcoin. I am having the bitcoin and the bitcoin will be the best source of the bitcoin. The bitcoin is getting the chance and the huge source for the people who want to invest in the bitcoin, the value and the income of the bitcoin will give you the chance to increase the value of the money.

[Xenophoto]

I believe that world poverty can never be solved. People are always going to be lazy. People would always want the easy way. People would always be out there relaxing and doing what they love. If given the chance, people are going to just chill and never go to work at all. I mean, who wants to work in the office 40 hours a week for decades?

Even if we try to solve world poverty by distributing wealth to each and everyone in the world, some will be spending recklessly and end up being broke in just one day. Momentarily, world poverty was solved but it's not going to last soon. Not everyone is business minded, not everyone knows how to manage money, and not everyone has the capacity to save money especially if the money was just handed over instead of worked for.

[dancingnancy]

For me i think so.. 


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

READ MORE:

Bitcoin cannot eliminate poverty just like that, it's still yet to be able to be used by the underprivileged and those who have no access to internet or computers. Education can end poverty, but bitcoin earned by people can be converted to other sources and be used to help the poor. Btc to help directly will take a considerable amount of time.

[Zero.X]

Highly unlikely. If non-profit organizations haven't been able to, it's unlikely that Bitcoin, which holds high value, will solve the issue. If anything, it is going to widen the poverty gap.

[brushtooth]

Bitcoin almost certainly won't end world poverty, if anything it will redistribute some wealth but it will be no different really to oil tycoons etc. There is so much more that needs to be done to end world poverty.

[Hoganye]

Bitcoin can't end the poverty in this world, its because some other people didn't even known what is bitcoin at first place. poverty is a part of our world government problem. So it can't  end it.

Yeah a lot of the countries are suffering from the poverty and he bitcoin will be the best source of the bitcoin. I am having the bitcoin and the bitcoin will be the best source of the bitcoin. The bitcoin is getting the chance and the huge source for the people who want to invest in the bitcoin, the value and the income of the bitcoin will give you the chance to increase the value of the money.

Bitcoin gave us many chances and it still giving these chances at now. Important, if you can not take advantage these chances, you also will not get any profits from Bitcoin. Your way will decide you can have profits from here or not. Even, you can be loser after all.

[el kaka22]

It can but it would affect us our sallary will be lower because if many will join this more spammers will come and more work for the moderators . Eventually bitcoin will not so effective if many users apply it but the value too will grow but the income wil be lower than usual

I don’t think so. Bitcoin can end poverty, but for the average people who are able to get access to the internet to use it and find ways of earning it, investing, trading and making profits. Talking about spammers (I believe you meant scammers), they’ve been around, and doesn’t affect Bitcoin. Yes some people will fall victim of fraud, I know that.

[Hoganye]

It can but it would affect us our sallary will be lower because if many will join this more spammers will come and more work for the moderators . Eventually bitcoin will not so effective if many users apply it but the value too will grow but the income wil be lower than usual

I don’t think so. Bitcoin can end poverty, but for the average people who are able to get access to the internet to use it and find ways of earning it, investing, trading and making profits. Talking about spammers (I believe you meant scammers), they’ve been around, and doesn’t affect Bitcoin. Yes some people will fall victim of fraud, I know that.

Yeah, Bitcoin not useful for all people, it is just useful for those who people have knowledge and economy enough to buy computer and internet. The poor people still poor if they have not any knowledge about using computer and internet, so they also can not use Bitcoin and research it, because at least, they need to have the basic knowledge about digital.

[Sled]

It can but it would affect us our sallary will be lower because if many will join this more spammers will come and more work for the moderators . Eventually bitcoin will not so effective if many users apply it but the value too will grow but the income wil be lower than usual

I don’t think so. Bitcoin can end poverty, but for the average people who are able to get access to the internet to use it and find ways of earning it, investing, trading and making profits. Talking about spammers (I believe you meant scammers), they’ve been around, and doesn’t affect Bitcoin. Yes some people will fall victim of fraud, I know that.

Yeah, Bitcoin not useful for all people, it is just useful for those who people have knowledge and economy enough to buy computer and internet. The poor people still poor if they have not any knowledge about using computer and internet, so they also can not use Bitcoin and research it, because at least, they need to have the basic knowledge about digital.

I agree that the poor will be still poor if they will not adjust their life and their selves into knowing bitcoin because bitcoin is not hard to understand and even they can't buy a computer and afford an internet connection, they can still work hard in their current source of income to save money and prepare themselves into investing in computer and internet and also for getting into bitcoin. If they really want, there is a lot of ways to do get into bitcoin.