Can Bitcoin End World Poverty?

[Topaz72]

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.

Yes it's possible for bitcoin to end poverty as we know that bitcoin have already replace other crypto from market so it can end world poverty as well because bitcoin is one of the fast growing currency and it’s also reduce unemployment from many countries so I think we need to give a little time more to bitcoin and then I’m sure that bitcoin will end world poverty.

[Majharul Saiif]

In the earth, I think nothing is impossible for us.Because, we the best creation of our god.By the way,Bitcoin is a platform where anyone can improve his/her current situation and earn money as a profit by investing on it.Firstly,the govt has to more sincere to use this.Media can also help to know about it.Then,the people will interested to use this.After that,it is very helpful for the unemployment problem.By doing all these things, Bitcoin can end the world's poverty

[wxa7115]

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.

But you are missing the point, a person that is poor is very unlikely that he needs to send money to the other side of the world, in that case the fee and the service itself is irrelevant, no matter how cheap the fee is the price is going to be too much for a poor person, so bitcoin cannot solve anything like that for the simple reason that is not its function, bitcoin is a currency and nothing more.

[mark1220]

Maybe but bitcoin is just a currency and not all people dont know about bitcoin and poverty is the biggest problem in the world maybe goverments will helping thier people.

[jam22]

I don't think so cause mostly of the people don't know how to use technologies or possibly they don't know what bitcoin is.

[explosion]

No, nothing can end world poverty. There will always people who are poor and those who are rich. Similar to money, most btc will be kept in the hands of a small percent of Earth population

[Drixy]

Definitely yes if everyone knows how to use it and knows about the great potential of the legendary bitcoin currency well if they will join this forun for easy works and probably spammers cant be avoided because not everyone excell in this type of work

[bakekang008]

For me i think so.. 


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

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Yeah for me bitcoin is the way to end poverty in the world. But it depends to the government if they used bitcoin and teach other bout bitcoin. Because some of us are they not know bout bitcoin. So it easy to us to used bitcoins.

[chickenjoy]

Some factors affecting people on poverty line are very many.Bitcoin can never be the solution to end up world poverty.There are many reasons affecting poverty like unemployment and overpopulation.

[lionheart78]

Some factors affecting people on poverty line are very many.Bitcoin can never be the solution to end up world poverty.There are many reasons affecting poverty like unemployment and overpopulation.

True, Bitcoin will never be a solution for world poverty especially with those whales who always wants to rake lots of coins and profits from weak hands.  It might probably another cause of poverty to some people because of the wrong decision they made with their fund and Bitcoin.

[yohan09]

Possibly it will minimize the number of poverty, Because as far as i know, bitcoin gives opportunity to those people who don't have job. There's no doubt everybody can avail bitcoin but first thing to is you must be knowledgeable, read and research about how it works so that when you get involve with signature ads, then we can relate the issue and give substantial things to ponder about the topic:)

[newwest]

Maybe but bitcoin is just a currency and not all people dont know about bitcoin and poverty is the biggest problem in the world maybe goverments will helping thier people.

It will not be able to completely remove the poverty form the world. But yes we can say that to an extent it can help the people to become self sufficient and grow in their career and leave a happy life. BTC will help them earn a better living.

[valisa]

bitcoin can not eliminate the poverty that exists in the world, because to eliminate poverty takes a lot of jobs such as factories that require many employees, the economy of a country also determines the poverty or not

[Redanim]

I think no. Bitcoin is the same currency as the others, it is simply not recognized by world and its not official currency in almost all countries. Only those people who know about bitcoin can earn money from bitcoins. Most people dont even have Internet connection to start earning. If for all people conduct Internet, teach them how to use it and teach them how to earn money with bitcoins, then yes there is such an option for ending world poverty.

[Pettuh4]

I think no. Bitcoin is the same currency as the others, it is simply not recognized by world and its not official currency in almost all countries. Only those people who know about bitcoin can earn money from bitcoins. Most people dont even have Internet connection to start earning. If for all people conduct Internet, teach them how to use it and teach them how to earn money with bitcoins, then yes there is such an option for ending world poverty.

I don't think anything will be able to end world poverty and bitcoin is also not going to be able to end poverty globally but it can help a few people out of the poverty line by offering them remote jobs that they can do and get paid in bitcoin.

[jonatuzc]

For me i think so.. 


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

READ MORE:

I dont think so. Because some people they dont know about bitcoin and how to use it. And if there is still terrorism and corruption poverty will always ve existed.

Everyone has his own point of view but I think otherwise. In my opinion, bitcoin is very much capable of ending this world poverty and can really help us in making this place a better place to live.

People are getting to know more about bitcoin with each passing day and the ones whose lives are associated with bitcoin one way or the other are actually enjoying the perks of having bitcoin. We all only need to have bitcoins in our lives for better tomorrow.

[bitcoinerjawa]

For me i think so.. 


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

READ MORE:

I think after reading this, it could be because bitcoin prices are getting more and more every day and the bitcoin prices are so high that small players find it hard to get more profits.

[Blackwhite69]

For me i think so.. 


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

READ MORE:

If all the poverty in the world can be overcome by Bitcoin, I think that's not because not all poor people in the world understand about computers and networks.

[ayesha201009]

people doesn't need to be a scientist before use bitcoin or blockchain technologies.

If all the poverty in the world can be overcome by Bitcoin, I think that's not because not all poor people in the world understand about computers and networks.

Its like use Facebook or another great online service. People choice to follow just because it's cool but they doesn't have any idea of the type of platform they are using... only early adopters need to be sure about the knowledge of the intrinsic way to work.

[samyang2x]

No.As if bitcoin is the only solution to poverty.Why cant leaders of a certain country improve it.Why do bitcoin?Even without it leaders must know how to solve certain issues of their country.