Can Bitcoin End World Poverty?

[fishbonez11]

Maybe not. Bitcoin cannot end world poverty. Bitcoin is for all who have a device and an internet connection. Those who have accessed bitcoin already, they have the chance to get richer and climb up the ladder. If they will continue to hoard, then the wealth will remain theirs only. If bitcoin users will distribute what they have to the poor, then maybe yes. The question is, who will start doing that? And what measures will that person do to influence others to do the same?

[lhadygreen]

Bitcoin may not end the poverty but I assure you, it will help a lot at least to lessen the poverty all over the world.
If we can be of great help to the success of our others.
The more members, the more success.

[iMark]

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.

yeah agree, bitcoin will not be able to eliminate poverty because there are many millions of poor people in the world who can not access the internet do not even have a computer, so I think from that bitcoin will not get to underprivileged, yeah I think that education will make poverty disappear, we all know that world poverty happens not only because they do not have jobs but they do not have the skills, knowledge, and etc, very complex,,

[babarian]

Of course, bitcoin will be able to overcome poverty in the world if only people know and they make bitcoin as their job

[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.

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.

The traditional currencies or the cryptocurrencies, it doesn't matter, I think a person can change just her or his own personal poverty by using them. And also before starting to trade, people have to make logic plans and work hard, as you said.

[game-protect]

Bitcoin can surely help to end the poverty for a limited number of people. But I can not see how it can end the world poverty as the laws of a country and the state budget determine poverty or wealth, beside natural conditions.

The more people will benefit from the use of bitcoin, the more it will hurt the fiat money and tax system of a country and they will likely intervene to the financial disadvantage of the citizens.

[Tukang Becak]

Of course, bitcoin will be able to overcome poverty in the world if only people know and they make bitcoin as their job

The government support is needed to support the idea of reducing poverty, as long as the country never legalizes bitcoin it will be difficult for people to know bitcoin, maybe the first step we must make a petition to legalize bitcoin.

[Mr]

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.

it does not about that they do not know about bitcoin. If you want to end the world poverty, the world needs to work together to stop this and governments are the main factor that will change everything. IF the government does not have the ability to make a country better, we can not stop the poverty

[yohan09]

For me i think so.. 


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

READ MORE:

There' no way to be doubt, Its a 100% will minimize poverty depends upon the interest of an individual, Lets also see to it that intering bitcoin forum needs knoledge, a deep understanding in bitcoin character, flow, its economy, and everything about btc with matching passion and hard work, this is the key to generate good profit.. We know that there's no poverty if we workhard, The only factors which make them poor is lazyness.. Lets work hard to fight poverty:)

[MommyElsa]

It will help others to get a job with bitcoin or any signature campaign that will help to sustain the needs of everyone and may result to end the family's poverty but the entire world, is a big issue because not everyone are given this chance and notice the importance of BTC.

[Lucas*]

the problem of poverty cannot be resolved by bitcoin ! it's a big problem since years in all places of the world , i don't see any relation between bitcoin and poverty , and the question here is how bitcoin can help to reduce World poverty ?

[Kelvinid]

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.

Well for me it is really possible, In fact because of bitcoin a lot of people are now rich sometimes you just need to explore the world for you to succeed bitcoin will not tell you to use it, you should find ways and discover the great opportunity that waits for you with bitcoin. People suffer poverty because of lack of education, people should know how value this thing.

Right.I also agree with you.Bitcoin could be a biggest asset in making the world poverty end.But we should not let bitcoin alone to solve world poverty because its in the people already to continue on learning so we can cope up with the new technologies that the world bring.And bitcoin is one of the technologies that could really help us in minimizing world poverty.

[Vikingr]

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.

Nothing can save those world from the massacre of poverty. This world is not a poor world but a mean one, full of people who want others to make their slaves and in doing this, they trample everyone who comes in their way.Still, it is has saved many of us from unemployment. This is a great news and is ever technology will reach out far away remote places and people there will have education, maybe poverty will come to an end but practically that is impossible.

[eloymjb]

 in my own opinion, no one can end world poverty even bitcoin or anything else. even though all of the people uses bitcoin it could not be the best solution to end world poverty. bitcoin can lessen world poverty but still can't end world poverty.

[Shanngano]

I think yes if all people in the world will know about the bitcoin and understand i think it will end the poverty...

[Asmonist]

Bitcoin is not a magic wand which will end world poverty. It simply doesn't have the power to end such a massive thing. Also bitcoin is not a payment system anymore. We have moved to a different goal long back, when the confirmation time increased and transaction fees hiked. These confirmation time and transaction fees is going to be increased again and again. So we will move from the initial goal further.

Bitcoin has now purely became an investment asset. IT can provide a huge return which any other conventional investment will never be able to offer ever. So I take bitcoin purely as an investment and a trading asset. I earn profit  and keep it for the future.

I think so. But it will always take time because bitcoin is more dominant for those who can afford to have internet connection and computer literate. However, if those who earned bitcoin will also extend there help to the poor then that would end poverty. We just have to be generous and vulnerable to our fellows. If we have the capacity to change poverty then we must do our share.

[Bluestreet]

Bitcoin is not a magic wand which will end world poverty. It simply doesn't have the power to end such a massive thing. Also bitcoin is not a payment system anymore. We have moved to a different goal long back, when the confirmation time increased and transaction fees hiked. These confirmation time and transaction fees is going to be increased again and again. So we will move from the initial goal further.

Bitcoin has now purely became an investment asset. IT can provide a huge return which any other conventional investment will never be able to offer ever. So I take bitcoin purely as an investment and a trading asset. I earn profit  and keep it for the future.

I totally agree with this, bitcoin is not a magical sword that cut the poverty, it's a way too much expectancy.  Because bitcoin is just like an another currency.  Fiat money like bitcoins is also will be distributed among society,  rich have so much of it. And poor will deprived of it.  So I don't think that bitcoin has this much potential that it will remove property. Infact according to me bitcoin will increase poverty as many people belling to poverty line will not be able to under it and this will result in, that they will lag behind.

[Rana590]

I think yes if all people in the world will know about the bitcoin and understand i think it will end the poverty...

Yeah but you know there are many people all over the world who don't know what is bitcoin. Knowing them in this sector is very difficult because many of them are illiterate. For this reason it is a great problem​ remove poverty only by bitcoin.

[Sled]

I think yes if all people in the world will know about the bitcoin and understand i think it will end the poverty...

Yeah but you know there are many people all over the world who don't know what is bitcoin. Knowing them in this sector is very difficult because many of them are illiterate. For this reason it is a great problem​ remove poverty only by bitcoin.

Even if the people will know that bitcoin is existing and a good opportunity to make money. It will still not remove or solve the worlds poverty because the poverty of the world is hard to be solved and we all know that to remove the poverty in this world. We need to improve the life from poor to the poorest level of person and those poorest are not educated so they will not understand bitcoin and that is why bitcoin cannot end world poverty.

[kobmat]

For me i think so.. 


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

READ MORE:

I think that bitcoin can end poverty because of its high value. Also, bitcoin can give a job fir the people who are jobless. Many benefits that can get in bitcoin so that is why it can end poverty.