Can Bitcoin End World Poverty?

[kolitski]

i guess yes, it will help to sustain our needs every day especially our education of our family, if many people in the world using bitcoin, poverty will be down. if bitcoin continue many people have a job in bitcoin.

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[ricardobs]

I don't think that this will happen because a lot of people don't even know about bitcoin and not everyone on the world has internet so a lot of people may not be able to use or invest in bitcoin. So i think that it will never happen.

That’s the pure truth, Bitcoin can’t end world poverty, rather it can only help some people who are hardworking and serious to escape from poverty. I believe poverty is a normal thing and no matter what you do, you can’t end it, it will always remain. Even if you give everybody in the world $1 million each, some people are too stupid and will useless it and still be poor.

[farwellbit]

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 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.

This void can be filled by the developers of bitcoin. I am astonished literally, why they are not advertising it like any other commercial being published through print and electronic media. Why they are focusing on some special group of educated people? They must see the prospective of poor in this regard too. Let them know bitcoin and make it an amazing coin.

[semarmesem195]

May be yes, it could happen if all countries accept bitcoin. Because bitcoin can be used by all people who have knowledge regardless of the wealth it has. Using bitcoin does not always have to invest, with mining can still get bitcoin.

[Jahanam]

It is impossible to eliminate poverty, all we can do is reduce poverty, and many things we can do to reduce poverty, I think bitcoin can reduce poverty.

[Bitbratt]

For me i think so.. 


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

READ MORE:

No. 8 dont think so. Poverty will always be there. Poor people will always be there.

[Xising]

For me i think so.. 


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

READ MORE:

When there is poverty, inequality is sure to exist. Unfortunately, the mere existence of poverty makes the whole social system functional. Imagine a world without poverty and people are mostly equal in terms of wealth. That would be chaotic! No one would be willing to work for anyone because the need for money is out of the equation. It may sound cruel, but things are much better off with poverty and inequality around.

[tuliobrothers]

World poverty is a very big problem. I think it will just only reduce yhe poverty since bitcoin helps to give some extra income.

[cheann20]

bitcoin is just money, and like any other moneyz it can not do magical things on its ow. people can use it as a tool to make more moneyz an make themselves richer by increasing their net worth but to expect bitcoin to end world's poverty is just absurd in my opinion!

I believe one day the poverty in the world will end. But i dont think bitcoin can do that. Yeah we all know that bitcoin can support us to our wants and need to everyday life. But he cannot end poverty in the world. Maybe some country, but whole wolrd. I dont believe That.

[richlipkin]

Bitcoin is an investment at the end of the day. And who can afford investments? Generally, rich people. Hyperinflation leading to bitcoin rescuing Zimbabwe and Venezuela notwithstanding, BTC generally makes the rich richer.

[whichisbetter]

I don't think bitcoin can solve poverty though I believe that bitcoin can make you rich. It's the same with other investments. It will not become successful if you don't get your hands over it.

[nightfury]

For now, i can say that bitcoin can reduce unemployment rate because of the fact that ICOs brings a lot of bounty campaigns which gives opportunity to others who does not have a job.
Bitcoin can end world poverty if all of nations will not ban BITCOIN and if every nation across the globe can access the internet because there still some who don't have any access to the cyberspace.

[turtoro]

World poverty cannot be end by the bitcoin alone as of this time, since not all people in the world yet has a fully understanding of what is bitcoin. As internet concern, that it was not fully implemented in all remote area or society so bitcoin is not accessible. But we cannot deny the fact that bitcoin is really a big help as financial support or either their main source of income for those people who are dedicated to have it, and i think time comes that virtual currency and online job will slowly change the world about poverty.

[valying]

Bitcoin only is an crypto currency , yes somehow it's impact and effective much to the economics but it won't end the world poverty.

[gambitcoin53]

this is way too much to handle by bitcoin even though bitcoin has an enormous fund to put poverty to stop, poverty is global, the question is who will initiate funding the poor, bitcoin is peer to peer, individual effort. maybe the tab DONATE, is meant for that question. but im sure there are few good samaritans out there that are already helping the needy by donating bitcoins.

[Butchick]

Ending poverty is quite tough but maybe bitcoin can somehow lessen the percentage of people who are in the poverty level. One thing to consider is the availability of bitcoin to these people especially those who are in areas that doesn't have any internet connection. As we all know, butcoin is a digital currency thus such connection is needed for them
To have access. poverty is an unending struggle and ending such global problem does not only require bitcoin but also the help of so many people and agencies.

[cherrymobile]

For me i think so.. 


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

READ MORE:

I think no! Because theres a lot of goverment hate this and still banning this bitcoin but i think it can reduce not all but maybe a little it can reduce poverty because this bitcoin is very helpful to all people .

[Neglected Person]

Definitely true though bitcoin can affect economic issue. I don't think bitcoin can end world poverty not unless those bitcoin holders are willing to give the poor people their bitcoin then it will be possible.

[ricardobs]

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.

Not really, I don’t believe that Bitcoin will ever end world poverty. There are other big players out there that have tried to do such but weren’t able to do it, so bitcoin is still at low level and can’t even compete. By the way, I don’t even see the poor people gaining from this anymore, all I see now is rich men using this opportunity to accumulate more an more wealth.

[sakkerso]

can for all people in this world.
earth need poor and rich people at same amount. but you can help some people by your wealth