Can Bitcoin End World Poverty?

[Portia12]

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 no bitcoin will help us to lessen the unemployed in all country but poverty i think no its hard to end that. Lot of people are lazy thats why poverty will not die.

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[reijusama2583]

Well my answer is absolutely yes, I'm living on a third world country where in poverty is malignant I always finding a way to overcome my weaknesses in my daily life specially on the aspect of financially. It is hard to find a way to solve it but because of bitcoin I almost overcome it. Bitcoin helps me a lot to have a money that was very useful in my daily live specially this on my nation that job was very minimal and the wage was too small to sustain your needs. Bitcoin is the key to end the poverty and I'm very proud that I'm a part on it. Thanks a lot bitcoin.

[ArIMy11]

For me i think so.. 


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

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By this time, I think bitcoin still cannot solve poverty. In the future, "MAYBE". Look, bitcoin is not yet known by everybody, aside from bitcoin there are other ways that can end a poverty of an individual. There is the famous networking, where in every week they can earn 2000pesos or more. Bitcoin is quite hard to learn than networking, but what ? There are still lots of people who are in poverty. It still depends on every person how he / she will find a way to end the poverty in his / her life.  Chances / opportunities are waiting. I say bitcoin is a good way to end bitcoin poverty.

[turkandjaydee]

I don't think so. You have to know there are many factors cause poverty. That's not only because they don't have money but also their knowledge. You can't earn anything if you don't understand about bitcoin, right ?

The world has become dominated by the people who are well-informed about something. You're dumb, then you suck. The time when the big guys or masculine guys are dominating are now over. You can still get picked up in school by this type of bully but if you know things, you can get back to them without actually having to hurt them back physically. There's just a lot more going on in the world right now compared to how it was back then. Techhy people can make fun of you on the Internet and maybe even have his Internet friends pick up on you on social media. They are basically a threat, maybe not physically but once they are in front of the computer screen.

Being in a third world country, physical labor isn't that much anymore. That's why call centers are here. That's why they get domestic countries from my country, etc. If you don't have any knowledge at all, people are going to take advantage of you. You will end up working so hard in an office but also end up having very little pay. The world pays you according to your knowledge now. It's kind of what's separating people from other people, their knowledge. You know more about a certain specialization, then you get paid more.

Relating it with bitcoins, you can be a fast typer, you can have a fast Internet, you can have it all, but without knowledge, I'm afraid but you're not going to be able to monetize your talents. I see a lot of people being able to do 80 words per minute in typing challenge, but since they don't know anything at all, all those skills just goes to playing a game that they don't really enjoy.

Yapp this is exactly what i want to say.

[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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In my opinion it may help each country to end the poverty. bitcoin has a great value that can help each country to move on in poverty. It can help unemployed peopled to have a job that is really big help to the economy growth. So if there's a lot of people involved in bitcoin it may help to end the poverty in each country.

[aiza2007]

No, bitcoin cannot end world poverty. It can help lessen the problem but it can't end it.

[bitcoinking11]

Bitcoin has nothing to do with poverty. Poor people in the world have not heard of bitcoin. Bitcoin is for investment.

[Afnan_faizah]

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.

Why not? There are a lot of countries such as africa which is slow in term of improoving welfare because people in those countries face a difficulties in transactions nationally or internationally, most of people there have no access to credit or digital payment. Using remittance service is not good for them because the average fee for remittances is 9% of the money transferred. Most of people in the world don't even own a bank account, bitcoin is problem solving for their transactions so the velpcity of money is even better. So I think bitcoin has probability to end worpd poverty.

[moooonu]

Bitcoin has nothing to do with poverty. Poor people in the world have not heard of bitcoin. Bitcoin is for investment.

That is quite true. But Poverty can be ended indirectly. There are alot of ways to do it. A charity campaign with mission to end poverty and helping poor people to rise where bitcoins as well as all other crypto-currencies are accepted.

[gotya1]

No, bitcoin cannot end world poverty. It can help lessen the problem but it can't end it.

How can bitcoin even lessen poverty? It's just money.

Bitcoin has nothing to do with poverty. Poor people in the world have not heard of bitcoin. Bitcoin is for investment.

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[Specialforce]

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 help a certain individual escape poverty but talking about the whole world is too hard. You can say that bitcoin is a good currency that has a great strength in defeating poverty but the power of it will only be activated to everyone if it is legalized all over the world. This just simply mean that bitcoin is not the one that can end world poverty rather it is us who makes way to end it.

[RushKing]

For me i think so.. 


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

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Maybe lessen it a bit I think since bitcoin is not yet legalized worldwide which means its power is limited only for those who has an idea about it. As soon as bitcoin gets legalized the more the chances that it may help lessen more the poverty existing in the world right now. Also we should be willing to do anything for bitcoin if we want us to be helped by it in the near future.

[nagatraju]

Poverty is balance in life, even if given equal money, not necessarily same in use. Because each person's different needs and lifestyle, bitcoin will never overcome poverty. However, in presence of bitcoin people can make money without to become employees.

[ashfer]

Yes i think it can end the poverty but i am not sure whether it can end the poverty of the entire world as there isn't sufficient bitcoins created to provide supply for the whole world there is only limited number of btc created which is not sufficient for the entire world.I can only say that it can make people rich if they make investment on it or if they try to earn btc and cash them out they can become rich or can improve their financial status if more btc are created in the future it can help the world end its poverty.

[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.

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!

I’m not against a government we need some kind of social organization what I’m against are governments that are nothing but nanny states, a government should be as small as possible and only do the minimum necessary to fulfill its functions but that is not what we see, we see governments that are huge and that despite the economic crises they are not getting smaller but bigger, that is what I’m against.

[fredrick4u]

Personally I  dont think bitcoin can end world poverty.People would always be poor.Bitcoin are are mostly owned by the rich.There is still a gap in knowledge concerning how people understand the concept of cryptocurrency. Thus much education needs to go into that aspect,bitcoin can be compared to the fiat money we all use in our daily transactions.

[ctokruenk]

Can't. Existence bitcoin not known many people in different parts of the world and global poverty is difficult to end. Bitcoin is there to enrich people who are keen see opportunities and financial trends.

[ivanpoldark]

Can Bitcoin End World Poverty?

Mining is another striking example how bitcoin can fight poverty. To survive, thousands of Venezuelans are mining bitcoin, they have nothing else to do in such poor country, which is in deep economic trouble (the worst hyperinflation since the Weimar Republic).

[chelle5]

It can never end the problem on world poverty.It can never be the solution.Thete are diffetent types of countries that have different kinds of problems affecting their poverty level.Bitcoin can be a means of livelihood to those who can afford to buy gadgets but how about the poor ones.

[ScrumbleGames]

Bitcoin will never end world hunger, main reason being that in the arias of which world hunger is mostly present, are arias that have no electricity and or have a ban on cryptocurrency I.E. China