Can Bitcoin End World Poverty?

[butrsukumpanumet]

I don't see how bitcoin is helping people in Africa getting food or avoiding wars.

If they can earn bitcoin so it's yes. Exchanging bitcoin back to their fiats and buy foods ? When people are having enough for their needs, noone want to fight to risk your life for it.

[eucliffe]

No, i don't think that Bitcoin can end the world's poverty, Bitcoin only provides opportunity for us to have a better life but if we don't work for it, nothing will happen. Its been almost a decade now since Bitcoin started, if it can really end the the world's poverty it should had happened ages ago.

[phuclzu12]

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.

- 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

It doesn't only depend on the growth of the economy, the opportunity to have many jobs can working, the world poverty still depend on the ability to work, knowledge of unemployed, the poor ... They need to change their life, nothing can helps them all!

[Deathgamer]

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 really end wolrd poverty if all the people will already know it and how to earn it,especially on this site you can earn bitcoins that would help your financial needs  but you need to ranked up first in order for you to be abls to get paid,its better to tell all people the importance of bit oin and how it is being used and also how it is being earn,this would help alot of people.

[pealr12]

No it cannot, but it can end the poverty of someone who are engage into bitcoin.  Bitcoin is giving oppprtunity to everyone who accept it, earning it,  trading it, and investing to it.  Unlike those  areas where internet is not  yet been discovered in thier place.

[radjie]

In fact, Bitcoin can bring convenience to the right people and know to handle it. if to go to a crucial direction like "Bitcoin end poverty" I think not yet, because poverty is not directly proportional to any currency, many factors are related to this such as education, infrastructure and technology.

[King Sastro]

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.

I think bitcoin can not guarantee overcoming poverty, we all know that the main factor of poverty is education, it is a big duty of the government to be able to provide a good education so that it can reduce poverty.

[chichigirl]

For me i think so.. 


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

READ MORE:

Bitcoin can really end wolrd poverty if all the people will already know it and how to earn it,especially on this site you can earn bitcoins that would help your financial needs  but you need to ranked up first in order for you to be abls to get paid,its better to tell all people the importance of bit oin and how it is being used and also how it is being earn,this would help alot of people.

True, this site help us to learn and earn at the same time. Bitcoin can help end the world's poverty buy earning here, and getting some extra job, it will lessen the burdens of anyone that facing financial problems that always result with povert for they lacks the ability to get a job and earn. But with the help of bitcoin, there's a chance to earn but needs more efforts before it can be earn.

[Opurum]

Yes, Bitcoin can end world poverty. The fact that the combined wealth of the world is actually more than enough for the world per capita implies that poverty should not exist in the first place, however the challenge of poverty arises from unequal distribution of capital wealth which is the result of varying exchange values of standards of payment being fiat currency. A means of exchange of universal acceptance and value will solve this problem and Bitcoin comes in handy.

[tumokatok]

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 magic, bitcoin can help a better economy by increasing the country's buying and selling transactions, so that in the long term there is a healthy currency turn

[OrangeII]

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.

I think bitcoin can not guarantee overcoming poverty, we all know that the main factor of poverty is education, it is a big duty of the government to be able to provide a good education so that it can reduce poverty.

I a gree with you. even to use bitcoin, in need of ability in technology. the way to overcome poverty is by education. well, bitcoin is just like gold, you need to try to get it, and it can not overcome poverty.

[cheann20]

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.

In order to end world poverty we need to educate children, but one things problem, it is not so popular all over the world, many places still do not know about bitcoin, if we wamt to end poverty we need teach other people how to earn bitcoin like in this forum

[Gondwanaland]

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 it can be the reason of how to end poverty.Because of its high value it can help people to earn a lot. There is no requirements that is needed to be qualify in using bitcoin so it can help unemployed people to have a job. Poverty is about each one, so if you're industrious it may help to end the poverty of yourself.

[spinach98]

On my own point of view,bitcoin cannot easily end poverty if not all the people know how to earn this kind of money but if they will all know how to earn it,then there might be a possibility that it could help alot of people especially the poor.Here in this site you can earn as long as you are working hard and it is really a big help to have an extra income than a small salary.

[alisafidel58]

I dont think bitcoin can end worlds poverty because almost half of the bitcoin is being held by whales who mines bitcoin non stop.
People are greedy and doesnt want to share their wealth to people who are less fortunate.

[Afnan_faizah]

On my own point of view,bitcoin cannot easily end poverty if not all the people know how to earn this kind of money but if they will all know how to earn it,then there might be a possibility that it could help alot of people especially the poor.Here in this site you can earn as long as you are working hard and it is really a big help to have an extra income than a small salary.

Extra income will very help people who in poverty. A lot of people become poor because they are traped in world financial and market system, for example a country very need import good to fulfil the people daily necesity, but that country only can buy that goods using dollars, so they have to convert their national currency into dollar that makes the dollar price even higher and higher, this condition makes their fiat currency's value drop the cause the poverty on their citizen. If that country save bitcoin as reserve currency or considerd it as national currency, then there is no such problem. It is just my oppinion, bitcoin is too volatile, for now it will help the financial of the users.

[ausbit]

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.

There is no reason t6o deny this fact that bitcoin is very much capable of making the economic condition of any individual very much better. But the fact is that there are number of people who don’t know about bitcoin. Other than this, it is not at all possible for bitcoin to eliminate the world poverty and that too all alone. We actually need to look out for more ways which can help us out.

[SugoiSenpai]

For me i think so.. 


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

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Poverty cannot be solved by Bitcoin, Bitcoin is just a currency for online transactions and is used for, trading, investments, mining, etc. Now can Bitcoin solve poverty if you have no knowledge on how to earn it? Yes, the only answer to poverty is Education, nothing more, nothing less. With knowledge of a certain thing one can achieve His or Her goals, so if you want to earn bitcoins and invest to earn more money, then study bitcoins, bitcoin is not a one-way ticket to earning your freedom from poverty you need to educate yourself first. To Learn is To earn, I always say.

[bambazamba]

Yes, sure why not if poor citizens have cash to invest in Bitcoin and they are know about cryptocurrency and able to transfer their little savings into Bitcoin. Then poverty may end after 50 years only if Bitcoin at that time is very powerful and people little investments make them rich.

But right now, NO bitcoin is aimed to have anonymous transactions without the help of banks and is not any super hero who end end Poverty from the world.

[gabbiee]

Bitcoin cannot end poverty but it can help solve the problem of a lot of people financially especially those who are having a hard time looking for a job. If people are knowledgeable about the advantages of bitcoin they can earn a lot from it. But these doesn't solve poverty, it only helps the economy. Poverty is a big problem the whole society must cooperate in order to solve it.