Can Bitcoin End World Poverty?

[laravuemaster]

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 the end of world poverty still depends with the people's decision. They may know bitcoin for long but if they don't know how to earn from it, then its nonsense. I don't think also that the strength of bitcoin will be enough to end world poverty instead we should depend on the governement. Bitcoin is just a cryptocurrency while the government is the one who handles the solution of poverty among different individuals.

Bitcoin is helping people a lot but still there are people that is using bitcoin for illegal transactions like drug laundering so it will be depending to the community if they will obey the law so that bitcoin will not be banned in our countries.

[charlemagne_15]

For me i think so.. 


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

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The end of a nation's poverty should never depend on bitcoin because not everybody in the world has an idea about it. If ever bitcoin would be known by each and every person in the world, the chances that it will end the poverty is still not that big considering the fact that not everyone has interest about bitcoin so it will just lead to another disappointment. What we should do to end world poverty is to work hard and avoid being greedy.

[LogitechMouse]

Bitcoin cannot end the world poverty but maybe lessen. Bitcoin gives opportunity to the unemployed people to earn from their home but their are some that don't have access to internet connection or even gadgets that will help them to earn bitcoin. In order to earn with bitcoin and to reduce the poverty, you need to learn about bitcoin. Bitcoin cannot end world poverty but can reduce it.

[Ayush rana]

I think yes bitcoin may help to reduce the poverty of the help of bitcoin but for that each one have the access to internet.

[webelong]

No for me.Because there are so many reasons for poverty.There are overpopulation,unemployment,economy of a certain country,and anything else.You cannot just say end of poverty because of bitcoin.It can be lessen perhaps but not a permanent solution to world poverty.

[Pattart]

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 think bitcoin is the answer because many people dont have a good and long lasting job
Bitcoin is the answer especially to those unemployed people, bitcoin can provide they need.

Let's say bitcoin provides jobs for many people. bitcoin provides extra income for many people and it's true that bitcoin changes a person's finances for better but that person is not from the lower class or poor people because now the internet is a luxury thing for poor poeple and they can not use internet, let alone know bitcoin.
bitcoin will not be able to stop poverty because the problem is more complicated not only about unemployment

[kirilld]

Why not simply because bitcoin is a very good way to overcome the poverty that exists in this world and not only that even bitcoin can increase the economic system in a country considerably less developed its economic climate.

[Qastessa]

BTC cannot end the poverty, but it can at least facilitate and reduce costs of money transactions which means people can have more money

It is providing the best and the other opportunities to the bitcoin and the value of the bitcoin as the best and the other currency now almost all the people are buying the bitcoin and they are getting the benefit from the bitcoin and the best currency of the bitcoin and the a lot of the people are getting the huge income through the bitcoin job and the bitcoin investment for the short time.

[Whosdaddy]

If properly managed and legalized, of course, many benefits we can get from bitcoin, and the most important is to reduce unemployment. bitcoin can be obtained for free so it gives everybody the opportunity to produce bitcoin.

For eradicating a certain problem, we first need to look into the causes behind it. Poverty is a big curse and it has remained a menace from the times immemorial. Was it because humans didn’t have many resources in the past ? Absolutely wrong. In the past, people had more resources as the population was small but still there were poor.

The reason is very simple. Some people who have the authority will try to keep everything under them and they intentionally don’t facilitate public. Bitcoin can reduce unemployment but not lack of education.

[FLUZFLUZGLOBAL]

Absolutely Bitcoin can end world poverty and that is the goal of it. It is going to decentralize every centralized system, and that is what the world economy is today, and allow everyone a fair chance at bring value to the economy that can't get changed.

[DIMKAZDS]

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 think bitcoin is the answer because many people dont have a good and long lasting job
Bitcoin is the answer especially to those unemployed people, bitcoin can provide they need.

Let's say bitcoin provides jobs for many people. bitcoin provides extra income for many people and it's true that bitcoin changes a person's finances for better but that person is not from the lower class or poor people because now the internet is a luxury thing for poor poeple and they can not use internet, let alone know bitcoin.
bitcoin will not be able to stop poverty because the problem is more complicated not only about unemployment

I do not agree with this statement.Bitcoin is a cryptocurrency.It needs internet accessibilty and basic knowledge about how to operate it.Many people in the world still do not have any access to the internet.A lot of percentage of people are still illiterate.Many people in the world still depend on the fiat currency for their day to day transactions.Bitcoin is not stable like dollar or any other currency.Government will not allow such a cryptocurrency to enter the economy.Though bitcoin can help prevent umemployment but now poverty.

[WannaCry]

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 could end poverty. Poverty is a big problem that each country is facing. It's true that bitcoin can change someone's life, however, not everyone is previlage enough to know or access bitcoin.

[thesosorr]

I don't think so. Bitcoin still can't cope with poverty because it's global. And if poverty is over, surely who wants to be a worker in our house? What makes us all move is the difference. Poverty must exist as the other side of riches.

[man1996]

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 think bitcoin is the answer because many people dont have a good and long lasting job
Bitcoin is the answer especially to those unemployed people, bitcoin can provide they need.

Let's say bitcoin provides jobs for many people. bitcoin provides extra income for many people and it's true that bitcoin changes a person's finances for better but that person is not from the lower class or poor people because now the internet is a luxury thing for poor poeple and they can not use internet, let alone know bitcoin.
bitcoin will not be able to stop poverty because the problem is more complicated not only about unemployment

No definitely not.Though it can reduce unemployment but not poverty.It needs internet accessibility which is not possible for everyone.Many people still do not know how to read and write.They do not know what is internet and what are cryptocurrencies.They only depend on fiat currency.Bitcoin provides money only to those who know how to use it.People who are literate only can write on different topics which is required in a signature campaign.

[wxa7115]

It may be possible if bitcoin becomes legalized in that country who has a lot of poor people and the transaction fees may be an hindrance for them because if they want to buy coffee for only $2-5 they would have to $0.15 or 0.85 just to make the transaction faster and to buy coffee. They would have to convert their bitcoins first into their fiat currency to be able to buy goods and neccessities and would decrease of price in bitcoin depending on the volume of people converting it.  The only work around this problem is first thst coutry needs to legalize bitcoin and second resolved the bitcoin scaling issue.

It will never be possible.
Bitcoin is money.
You have money you're not poor. You can get bitcoin either with money or by working for it so it won't change a thing.


So the government legalize bitcoin. And?
Will you suddenly pen your fridge and is full of food?
Will you get a free car and a 10BTC deposit?
No.

All thinking bitcoin will eradicate poverty should drop their socialism propaganda and find a better forum for it.
Bitcoin won't change a thing.Some people will get rich some will get bankrupt and that's all.

Not only that bitcoin is not socialist, bitcoin is capitalist to the core, it is private property taken to the extreme, no one no matter how powerful can take bitcoin away from you under any circumstances, no one can tax you if you do not want, no one can force you pay for anything you do not want, bitcoin goes against all the ideas of communist and socialist and that is why I support it.

[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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Of course. For me it is a big yes because we all kn ow that bitcoin today is quite a big deal to many poeple based on its value today that quite very high. So that many people that working hard able to earn and to support their financial problems. As well as the other person who wish to become a rich people. So I think poverty may somehow reduced.

[bs9]

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 just like crptopia currency coin not magic coin.But any one try to and bitcoin and used it properly i hope end proverty soon.THeremany people in this form who have ended their proverty

[CowboyKiller]

It may be possible if bitcoin becomes legalized in that country who has a lot of poor people and the transaction fees may be an hindrance for them because if they want to buy coffee for only $2-5 they would have to $0.15 or 0.85 just to make the transaction faster and to buy coffee. They would have to convert their bitcoins first into their fiat currency to be able to buy goods and neccessities and would decrease of price in bitcoin depending on the volume of people converting it.  The only work around this problem is first thst coutry needs to legalize bitcoin and second resolved the bitcoin scaling issue.

It will never be possible.
Bitcoin is money.
You have money you're not poor. You can get bitcoin either with money or by working for it so it won't change a thing.


So the government legalize bitcoin. And?
Will you suddenly pen your fridge and is full of food?
Will you get a free car and a 10BTC deposit?
No.

All thinking bitcoin will eradicate poverty should drop their socialism propaganda and find a better forum for it.
Bitcoin won't change a thing.Some people will get rich some will get bankrupt and that's all.

Not only that bitcoin is not socialist, bitcoin is capitalist to the core, it is private property taken to the extreme, no one no matter how powerful can take bitcoin away from you under any circumstances, no one can tax you if you do not want, no one can force you pay for anything you do not want, bitcoin goes against all the ideas of communist and socialist and that is why I support it.

As your said, you are against the government and you do not want to receive any support from your gorvernment, is right? However, you can not negate you are living in a country governed by the government, there is no way for you escape the management of the government!

[conected]

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 could end poverty. Poverty is a big problem that each country is facing. It's true that bitcoin can change someone's life, however, not everyone is previlage enough to know or access bitcoin.

- Exactly, bitcoin is just a virtual currency, it is not so popular all over the world, many places still do not know about bitcoin, if say it reduces unemployment, I would agree, but that's just a very small part, and ending poverty in the world is still an impossible thing. We should think clearly, the governments of countries around the world every year are always looking for ways to reduce poverty and end poverty, a lot of money and effort poured into this problem but until now, this problem has not been resolved even though many years have passed. The whole world still can not change too much, Bitcoin is just a very small part, it also will not bring too much effect

[777asianinvasian]

No, it pretty much cant. First off you gotta consider not everybody has internet and if you dont even have internet how are you supposed to get and learn about bitcoins? It wont happen but I do think it will make the middle

class a lot more enriched which will be better long term for most individuals in society.