Can Bitcoin End World Poverty?

[aftab.436]

my opinion, maybe not.
Because, reducing poverty not only recognize bitcoin alone.
But there must be cooperation between state governments.

Not going to happen every country has their own agenda, the rich countries love there are poor countries since they can buy their materials with pieces pf paper while they receive real utility from the things they buy besides they get the most brilliant people around the world in their countries since those countries cannot employ their bright minds, so nothing is going to change because poverty is part of the design.

it possible that bitcoin end the world poverty but we have to first facilitate the poor people with the education and then with technology after getting education and technology they can remover their poverty with bitcoin because bitcoin has many opportunities that can make them rich also, and thus bitcoin will be able to end the poverty from the globe

[1714829653]

1714829653

[stayeduptolate]

my opinion, maybe not.
Because, reducing poverty not only recognize bitcoin alone.
But there must be cooperation between state governments.

Not going to happen every country has their own agenda, the rich countries love there are poor countries since they can buy their materials with pieces pf paper while they receive real utility from the things they buy besides they get the most brilliant people around the world in their countries since those countries cannot employ their bright minds, so nothing is going to change because poverty is part of the design.

No bitcoin cannot end world poverty.To operate bitcoin,one needs internet connection and some knowledge about the cryptocurrencies.Many people in the world are still illiterate and do not have any internet facilities.All the people in the world depend on cash for their transactions.Government has also not legalised bitcoin as it is decentralised so there can be cases of fraud.Investing in bitcoin is also done by people who have knowledge about investing.A villager cannot do investing.

[ihtiyacpara]

I think yes can be bitcoin is 10.000$ almost Cant be stop

[richmcrich]

Bitcoin ought to be dispersed evenly in nations that currently take the presence of bitcoin, in order to reduce poverty, so heads of state or government should be company in this important matter.

The fact is there are not that much number of people living in this world who actually knows about bitcoin. Bitcoin can be very much helpful in improving the economic condition of this world but till the time people will not be knowing about bitcoin, it will not be possible for bitcoin to do anything good for them. Moreover, the role of government also carries a significant importance.

[darefreads]

I think it will not end world poverty even it's price increases because only those people who know bitcoin can remove their poverty line not world poverty no one can do it for the rest of the day.

[bitfocus]

Bitcoin is not a magic wand or Ginnie of Aladdin, Bitcoin is the Digital form of Currency and a good investment. Bitcoin and Bitcoin-related issues are making new jobs, helping people earn, also giving investors solid scope to make serious money. If you google a little, you would find Venezuelans Are Surviving In Hyperinflation By Mining Bitcoin, Zimbabwean People Turning to Bitcoin During Times of Crisis The continuing chaos in Zimbabwe etc.

[BeGoods]

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 is a government and its peoples concern and its not a bitcoins problem.

But goind back to your question bitcoin can HELP countries to lessen poverty if may not be end,crypto can offer jobs and business for every countries people only if the government will accept with a big hand the greatness of this community

in fact bitcoin provides jobs for many people in the world. many people find it helpful because they get jobs and income from bitcoin. although many countries do not accept bitcoin and governments do not benefit directly but their communities get better finances and not directly help a country's economy

[MarioLuck990]

Short answer, NO!
Bitcoin is a database which is not even efficient. BTC is nothing magical to end world Poverty, it can't even exist with out fiat currency to keep it running.
The only thing that can stop poverty is technological progress in Biology, Nanotechnology etc, generally in Science.

[superjeyy]

Poverty is a serious issue caused by multiple problems a country is facing. It is such a big problem that I don't think Bitcoin alone can solve it. However, with the flexibility of Bitcoin there is a chance that Bitcoin can ease the drastic situation poverty has caused. It can open opportunities for people to learn and engage in to rise in life.

[trauchot]

I dont think so. Most countries already living very well without cryptocurrencies. Bitcoin in many countries developing economy and reduce unemployment and poverty, but in all countries this can`t be. It is necessary that all countries must recognize bitcoin and then more people will start using bitcoins and perhaps poverty will decrease in all countries even a bit.

[Sled]

Poverty is a serious issue caused by multiple problems a country is facing. It is such a big problem that I don't think Bitcoin alone can solve it. However, with the flexibility of Bitcoin there is a chance that Bitcoin can ease the drastic situation poverty has caused. It can open opportunities for people to learn and engage in to rise in life.

Poverty will be never solved because it is already here even since before we don't live yet in this world. Bitcoin doesn't have any chance to solve the poverty because bitcoin is only for being a currency and there is nothing to do for the poverty because poverty is impossible to be solve even using bitcoin.

[Destnhel]

Poverty is the real problem of the country. I think bitcoin can help but not end world poverty but it always depend on how people  can do it. Bitcoin can help us earn extra income but not all of us. Others didn't know the bitcoin, didn't know how to be part of bitcoin and others don't have the ability and also     lack of things to use etc.

[katmalo.ak47]

Holding it's not good, when i think there are lots of methods to grow your coins whenever you market your cash at peak and purchase them back at the smallest factors.There is scope that markets provides youwith, you ought to get into the same goes with complete danger, and you will get out with excellent earnings.

Yes bitcoin can do it. bitcoin can end the world poverty, people are investing from all over the world and the also people are working with bitcoin from all over the world. now if a man invest from Asia and hire employee from Africa it is very easy with bitcoin. the person will pay for the African man in bitcoin , it means that from any corner people can invest and make hiring. IN this way bitcoin can End th poverty of the world.

[sparveenat]

Bitcoin is going on increasing it value.  It has increased upto 100 % in this few days and now even newer generation wants to be in it and is participating actively in it. Bitcoin will increase the transaction in the world and the income of the people but may be it will take some to reduce poverty.

[shinchan123]

For me i think so.. 


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

READ MORE:

I think nothing in this world an end poverty. Poverty keeps things in balance in this world. A world where no one is poor would not be functional at all. For the simple reason that there are dirty jobs that only desperate people would even dare to do. No one would work for anyone perse. Bitcoin can help in many ways but not entirely destroy poverty.

[UrosViewly]

I don't see Bitcoin by itself ending poverty because poverty is a more complicated problem than that.  There are factors that need to be taken into account mental and social factors, rather than just the symptoms.
Poverty is the effect of all those factors, so no, Bitcoin can't end world poverty but it can influence the factors that are causing poverty to exist in the first place, one being lack of opportunities.
 

[xsaints128]

Bitcoin won't end world poverty. For Bitcoin you need internet connection, a PC or a smartphone and how do you reckon that poor people will be able to afford all those things. For the world poverty to end the income inequality must end. The rich are getting richer and the poor are getting poorer.

[SHAWN-MIDWAYS]

Big no for me, their many reasons why country or community can be poverty stricken maybe it could have been caused by post-war effects,corruption, some selfish people that want resources to themselves making economical progress a nightmare and many more reasons and if people can not even have access to the internet how do they get close to bitcoin??? Unless satoshi himself plays Santa to elevate peoples lives which still cannot end as its good as building castles in the air.

[Watashi Yamashita]

For me i think so.. 


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

READ MORE:

I think it will only be reduced since there are only several individuals who knows bitcoin in a certain country. The legalization of it in the whole world is not yet proclaimed so for sure there are still some people who don't know about this. You may expect that they will like bitcoin but you cannot be sure about them using it as an instrument to end world poverty.

[Kisanaq]

I do not think poverty is because people do not want to change their destiny, most poor people are educational factors, if their education is low it will be difficult to improve their lives. education is an important factor to change poverty.