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Author Topic: Can Bitcoin End World Poverty?  (Read 62992 times)
pallang
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November 09, 2017, 02:35:59 AM
 #1621

I don't know what really the role of Bitcoin especially in helping to end poverty in the entire world maybe in some countries Bitcoin can help to the people who believe that Bitcoin can change their life and I believe that not only Bitcoin can end poverty it also depends on their goverment

Lpim01
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November 09, 2017, 02:56:26 AM
 #1622

I don't think bitcoin can end the world poverty. Because not all poor people know about bitcoin. And no one is teaching them how to do bitcoin.

Yeah that's true, I think bitcoin will just improve your country's system and not end poverty. If we really want to end poverty then we should start teaching poor people about this technology and the government should support this kind of action.
That would be in reality, bitcoin is not the solution of being in poverty. Only bitcoin can do is to help individuals who what to improve their living but not just in an instant way. We still have to work for it, because nothing is possible if we work hard and a big chances to reach of what we aimed for.
goaldigger
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November 09, 2017, 05:38:38 AM
 #1623

Even with or without bitcoin, world poverty can end if the government will put an effort seriously on the peoples needs and not the peoples want. When they value its people and not itself, like on this past centuries of governing countries, it would have not any single poor people on the planet. Bitcoin is not the way. It is somehow reduce it but the solution is already given, but didnt do.

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Palider
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November 09, 2017, 06:04:44 AM
 #1624

Yes but not those who are not lucky to have knowledge about it. Bitcoins are like a gold so if you have it. You have the chance to change your life. We've seen how we can get rich here so if you bought it In those low-priced times and you're selling it now you're sure to make a million dollars here.
Ardenoss
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November 09, 2017, 06:33:09 AM
 #1625

Poverty global level can't be overcome with presence of bitcoin. Only peoples who struggle have more chances to end poverty in his life. Then willing to take advantage of what he has for the good of peoples around him.
swordling143
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November 09, 2017, 07:08:55 AM
 #1626


I think so. The thing is with bitcoin's value there is a probability that any person that will earn and sell it could get a big amount of money, and it is easily done. However, it still depends upon the action of that person if he or she is hardworking.
mxyzptlkof6th
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November 09, 2017, 07:13:14 AM
 #1627

Bitcoin cannot end world poverty if there are many other type of currencies that are controlled by the government
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November 09, 2017, 07:19:53 AM
 #1628

I think food, clothing and shelter will end world poverty.  Bitcoin definitely has the potential to redistributed wealth and access to currency, however there are many other steps that also need to be taken along with evolution of money.  Such as the evolution of how humans treat other humans worldwide.
Eureka_07
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November 09, 2017, 07:25:29 AM
 #1629


Yes I am thinking of bitcoin as a solution to the world number 1 problem which is the world poverty. I believe that bitciin can end world poverty not now but soon. As bitcoin would be known worldwide, as bitcoin would be the new currency of the world, as bitcoin would increase its price in the market, I believe that through these bitcoin can end not only world poverty but also unemployment because bitcoin offers opportunity to everyone who is interested to earn income.

akiexx
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November 09, 2017, 08:45:53 AM
 #1630

I don't think so because even Bill Gates can't end the world poverty even though he lessen the rate of poverty using his wealth and invention still there is world poverty. I don't think that bitcoin is built for saving poverty but at some point it can help a little.
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November 09, 2017, 09:00:47 AM
 #1631

Yes! I think Bitcoin can end the world poverty. But it will be too late. It is not possible to change everything so easily. But many countries need help. Because Bitcoin is not valid in many countries, Bitcoin must be valid before those countries. Many people are so poor that they do not even read and do not have money for internet access. Therefore, these problems must be resolved earlier. Which Bitcoin alone can not afford. Need help with mutual help.
Dont think bitcoin will have any affects on poverty, instead talking about bitcoin and poverty is really out of the context. Its like asking if USD can end world poverty, they should really explain about the blockchain technology not the bitcoin and even if they can read ledger and undeniedable transactions, then who will invest in the bank as there is no privacy about your own financial situation
hashtag101
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November 09, 2017, 09:21:47 PM
 #1632

Yes! I think Bitcoin can end the world poverty. But it will be too late. It is not possible to change everything so easily. But many countries need help. Because Bitcoin is not valid in many countries, Bitcoin must be valid before those countries. Many people are so poor that they do not even read and do not have money for internet access. Therefore, these problems must be resolved earlier. Which Bitcoin alone can not afford. Need help with mutual help.
Dont think bitcoin will have any affects on poverty, instead talking about bitcoin and poverty is really out of the context. Its like asking if USD can end world poverty, they should really explain about the blockchain technology not the bitcoin and even if they can read ledger and undeniedable transactions, then who will invest in the bank as there is no privacy about your own financial situation
I agree your thought, we are forgetting the Bitcoin function and its benefit when we using it. Bitcoin is also a currency, a tool to helps us transfers money. Only we can change poverty in the world, without any tools that can help us at all, because we are the ones who create it!
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November 09, 2017, 09:37:22 PM
 #1633


Yes of coirse. If people are learning how to be more dependent on holding thier money they will somehow have the right to more end the poverty. Poverty in fact doens't focus on the bitcoin. It is focus and depend on the people of the country if they want to go out to poverty or stays there.

Konthol Ngaceng
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November 09, 2017, 11:10:42 PM
 #1634

Poverty is a very complex factor, most people are poor because of poor educational factors, they just think can eat today and do not think for the future, because of low educational factors it is difficult to explain bitcoin to them.
Casmania
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November 09, 2017, 11:28:17 PM
 #1635

Poverty is a very complex factor, most people are poor because of poor educational factors, they just think can eat today and do not think for the future, because of low educational factors it is difficult to explain bitcoin to them.

I agree on what you've said because through education we can think about our future. We can decide on what we should do. Its difficult for them to learn bitcoin because even theirselves they cant understand everything if they are uneducated person. We can say that bitcoin can end world poverty, but the question is how it ends if people are uneducated and can't understand everything? its too difficult for them.
btcjocan
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November 10, 2017, 12:08:28 AM
 #1636

Poverty is a very complex factor, most people are poor because of poor educational factors, they just think can eat today and do not think for the future, because of low educational factors it is difficult to explain bitcoin to them.


I totally agree with you. People are experiencing poverty because of lack of knowledge. Those people who will always say that no one who keep on studying became rich and they only think about hard work. What is hard work if you do not have knowledge to make your work done easily and earn big? There are some people who are also very close-minded and will not accept change so that is the reason that they will remain in their life status of being poor. They will decline to accept an offer from people who wants to help them. Bitcoin cannot end world poverty but can lessen the world poverty if everyone will just try to be open-minded.
_Dawid_
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November 10, 2017, 12:20:42 AM
 #1637

Currently bitcoin don't ending world poverty, why? Because only small group of users mainly from Europe, America and Asia invest in such project because of their well educated society.Even in the afirca for example (but not whole we have Republic of South Africa which also inest in crypto as i read) invest in bitcoin it is only too less for that huge change. It is possible because crypto are resistant on inflation. So if every human in the africa own at least small part of bitcoin then they should defninitely (in theory) have more and more money. So in perfect world when people use bitcoin or any other currency(crypto) it would be possible.
Pinkris128
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November 10, 2017, 12:37:34 AM
 #1638

Bitcoin has the capability to help people through their financial needs but not ending world poverty. Since not all people know or have an idea about bitcoin, not all people can change their lives with the help of bitcoin. I think if this will happen in the future, maybe our economy in that time is well developed and all people have an idea about bitcoin.
entebah
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November 10, 2017, 12:54:27 AM
 #1639

Poverty is a very complex factor, most people are poor because of poor educational factors, they just think can eat today and do not think for the future, because of low educational factors it is difficult to explain bitcoin to them.


I totally agree with you. People are experiencing poverty because of lack of knowledge. Those people who will always say that no one who keep on studying became rich and they only think about hard work. What is hard work if you do not have knowledge to make your work done easily and earn big? There are some people who are also very close-minded and will not accept change so that is the reason that they will remain in their life status of being poor. They will decline to accept an offer from people who wants to help them. Bitcoin cannot end world poverty but can lessen the world poverty if everyone will just try to be open-minded.
It's hard for them to trust the technology, they prefer to envy and consider all the bitcoin holders of gambling players and commit fraud.
I laugh and let them say according to their ability. Grin Grin

UchihaRukawa
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November 10, 2017, 01:12:45 AM
 #1640

In Think bitcoin is not something like that, it is not a solution to every problem, it is a currency. It may and can help people in many ways, especially when it comes to money matters, bitcoin and the cryptoworld, but poverty is different story. It can only be solved by the goverment of that state as well as the people who lives in it.

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