Can Bitcoin End World Poverty?

[Freddie Aguiluz]

bitcoin is just money, and like any other moneyz it can not do magical things on its ow. people can use it as a tool to make more moneyz an make themselves richer by increasing their net worth but to expect bitcoin to end world's poverty is just absurd in my opinion!

Maybe it can, povert it lack of basic needs, especially food and clothings, you can get those 2 basic needs by the use of money, now if bitcoin can give you money and provides those 2 basic needa , then maybe it can solve world poverty, unless if every bitcoin holder choose to be greedy and not to share it to others then it will be a problem.

[Tiger Junk]

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 has been proving itself for a long time as something that can help you escape the wilderness of poverty. Might as well, you should still consider the fact that it is not yet legalized in different part of the world which means the possibility that it would end everyone's poverty is still on its due process. If and only if bitcoin will be legalized worldwide, then the chances that it will solve poverty will come at hand for sure.

[Bella Thorne]

For me i think so.. 


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

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Most of the people here entered bitcoin because they want to earn. So far, there are just a few country that are prioritizing bitcoin which somehow led as a solution for the most of the people within the region end their never ending poverty. If you are going to look up with the vision, you should know already that it won't be that easy because bitcoin is not yet known by everyone in then world.

[Henry Sy]

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 some reasons, I think yes. Because bitcoin has been making a big noise nowadays wherein a lot of people are already aware of it. As thistl thing continues, the assurance that everyone in the world will have their poverty ended will increase more and more. But since bitcoin is not yet agitated well among all the areas in the world, I'm pretty sure it will still take a long time before that happens.

[Rollex]

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, bitcoin is just a cryptocurrency and the solution of poverty would still depend on the decision every individual is making. We all know that bitcoin is something that you should be working on before it can give you good outcomes. If ever not all the people in the world has an idea with bitcoin, then the chances that they will use it as an instrument to escape poverty will go down low and may not be fulfilled.

[Nhobita]

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 known to be a very effective way to escape poverty. This just simply tells us that if bitcoin will be acclaimed as the world currencu, the chances that it would end poverty would blow up. Not everybody knows about bitcoin yet but if you will give everybody the chance to know it, then for sure it will end world poverty but it would just take a while.

[Sanugarid]

For me i think so.. 


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

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I think yes. If people would learn how to make things very easy. If they always look on the bright side and always thibk how they will earn and start to seek some knowledge in bitcoin for them to have a better income. Bitcoin can help them ro earn and to have some support in order to avoid their financial problems.

[Ashong Salonga]

For me i think so.. 


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

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It has a big possibility in a way that bitcoin can give income to those people whoa re unemplyed and can help them to earn in a matyer of time so that even if they have emergency problems of financial issues money won't be a issue to them because of the savings they will somehow made.

[decoder88]

For me i think so.. 


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

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Of course because definitely bitcoin can affect a countries economic so that it will have a impact on the issue of economic. And of course as we can see the major help bitcoin give to many people is by having income or earnings eventhough they doesn't have any jobs. And bitcoin teach some of us to manage our money or income.

[Nambuwan]

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 agree with you. Poverty is a world problem that should be and can be fixed but it will take a lot of time and a lot of people. But if you will just rely on bitcoin itself then it will be hard.

[Vaskiy]

For me i think so.. 


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

READ MORE:

Of course because definitely bitcoin can affect a countries economic so that it will have a impact on the issue of economic. And of course as we can see the major help bitcoin give to many people is by having income or earnings eventhough they doesn't have any jobs. And bitcoin teach some of us to manage our money or income.

Forbes might have come up with plans of eradicating poverty using bitcoin as an means of source. Bitcoin could help in the growth of the country's economy. This cannot do anything with the poverty level or the people who are under this category. One needs to be educated to use bitcoin and earn, which is not possible with the authorities. So everyone can't earn and bitcoin doesn't suit to be a solution for poverty.

[zhea]

For me i think so but there are so many factors to consider, first educate people about bitcoin and the question if they have gadgets or computers at home for they are going to use to join bitcoin.

[CowboyKiller]

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.

The World Poverty is the issue of the human. Bitcoin is just a technology and a tool to help us transfer money, but in recent years, it became an investment place. Important, Bitcoin can not use by the poor, they have not money, any knowledge, so how do they have chance using Bitcoin?

[Dontme]

For me i think so.. 


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

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Ofcourse there is big possibilities that bitcoin would end the world poverty if all people in the world will accept bitcoin as main currency because bitcoin today even it is not yet exposed there are already a lots of lives that are improving because of it how much more if it will become our main currency? It has more easy to use and very convenient to use. Bitcoin can end poverty soon.

[taiwww]

No currency in the world will end poverty.
Bitcoin is not created for social causes like removing/ eliminating poverty etc.
It is a economic tool created for smoother and mediator free transactions.
Bitcoin is a hope for 2.5 billion peoples who do not have bank accounts.
Poverty can be removed by hard work only.
Bitcoin will help to reduce poverty.
Jobs created by bitcoin transactions helps many to have job and earn money independently.
For that all countries should come together and have to legalise  bitcoins.

[mammoniter]

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 can't end world poverty nor make people rich or financially free, everything that happens to our life is affected by our decisions and actions in life. You can't be rich just because bitcoins existed although I know bitcoin provides a lot of people even below average employee an opportunity to earn more than their regular salary it its not bitcoin itself that makes them rich but their skills and efforts plus their eagerness to succeed in bitcoin investments.

[bitgolden]

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.

Why not, for me it is true that the bitcoin is able to have the value and the bright future of the bitcoin is getting more and wider. Bitcoin has a lot of the opportunities for the people who are having money and they want to invest in the bitcoin.

The bitcoin is the best way to make the money and the bright the future of the bitcoin will be more than this if it will use to hold for the long time, and the signature campaign is for those who are not having anything to invest.

[Budugbass]

Of course it can, bitcoin proves to be profitable for everyone who has been trying to earn bitcoin in their own ways, with the value that tends leads to increasing in certain time.. of course people who trying to earn bitcoin, will be more can to gain profit when selling it. I can feel it, honestly.. my finances become better than before.. long before I knowed bitcoin. This was proven, bitcoin can reduce poverty.

[TheMojo1]

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 Coin (money) like other so it can’t end .
may be help families to get extra money (Better life) but  most poor families not have electricity or PC so that not help

[ripti]

In my opinion, Bitcoin will not be able to overcome the world. Because Bitcoin is not valid in all the countries in the world. Bitcoin should be made legal in all the countries of the world if it is to eliminate global poverty. But if Bitcoin can not overcome world poverty now, it will be able to play a key role in eliminating poverty.