Can Bitcoin End World Poverty?

[deppil]

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.

that's the real problem of poverty in the world, their problem is not just not having a job but more than that, they are poor because they have no skills, are reluctant to learn, lazy to try and so on, but maybe there are some people who at least feel helpful to their economy is due to bitcoin, like me.

[ekans45]

Well with one snap of bitcoin it cannot end the worlds' problem which is poverty. It is always up for the people to move by themselves. It is on the people that is on that situation, it is up to them if they still wanted to live or they wanted to die as poor. There are a lot of stories I've read saying that there were many people born as poor but died as rich. Well for them to end their poverty using bitcoin they need the literacy to do it. At least they need to be media literate to deal with this.

Ending a economical global problem is quite hard to do. We should consider that poverty is broad problem that many countries encounter in a long period of time and I agree that it cannot be solved by just one snap. But bitcoin as a form of crypto-currency that help to provide faster transaction to people could somehow help to solve the problem. But in some scenario , people still need to support Bitcoin more for it to develop and experience growth to its price for the peoole to earn and to have a better profit.

[Daektum]

Bitcoin cannot end the world poverty but it can be a way to reduce poverty. Having a knowledge on how to make an investment using this digital currency

can change one's life. just like what you have said, it will take many years to change the world because it will start from the small society like from the

family. it is hard to earn money to support our daily need. Bitcoin helps to earn money by giving some effort, sharing of knowledge, and patience.

[tabas]

You should not stop purchase bitcoin, simply because bitcoin increase every year. Japoneses and Columbia already legalized bitcon.So why you bother stop pihasing BTC? when they believe in bitcoin as their legitimate deal.urc

Japanese* there are other countries too that made bitcoin legal such as Malaysia, South Korea and if I'm not mistaken Australia too. Bitcoin can't end the world poverty but it can change a lot of poor people for starting to believe and use it.

[mornabo]

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.

yeah that true, I think bitcoin will not be able to end world poverty because to use bitcoin requires internet and now internet still become luxury thing and expensive for some lower class society. and in fact bitcoin users is upper middle class society you know ?

[Lorin]

It depends on what place where you are.we all know that Bitcoin is a digital currency and it is run by internet or technology.There are some place in this world that do not have internet and also don't know what Bitcoin is.Maybe it cannot end the world poverty but  it can help to lessen poor individual.

[cabitu]

This can help people not suffer from fiat inflation, and give them a solution to transfer money around the world without unlimited permission. But for people to get out of poverty they need to get out of the comfort zone

[WUUEX79]

For me i think so.. 


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

READ MORE:

The government is the answer to lessen the poverty, Bitcoin isn`t the answer to end the poverty.
Poverty can't be end but poverty can be lessen.
Of course we all know, there is no country in the world that has no poverty.

[bohr]

For me I think I think bitcoin will help to alleviate the world poverty, you could earn tokens by doing social network campaign, airdrops, signature campaigns and many more. Doing all those stuffs you will be able to earn tokens for you to convert to cash or maybe invest it to bitcoin trading, if you get lucky in trading then poverty will be no more. 

I think it will not end world poverty, how much population is there in this world, out of total population how many are using bitcoin, very less population using it, so how can it ends the poverty.

Most people do not even understand how the economy works, I have heard people saying to me that if the government printed 1 million dollars for each person and gave it away then everyone will be a millionaire, I immediately reply that by then a gallon of milk will cost 10k and then they look at me with a puzzled look, bitcoin is a new currency but if someone wants to stop being poor then it need to be more productive there is no other way.

[Gaff]

For me I think I think bitcoin will help to alleviate the world poverty, you could earn tokens by doing social network campaign, airdrops, signature campaigns and many more. Doing all those stuffs you will be able to earn tokens for you to convert to cash or maybe invest it to bitcoin trading, if you get lucky in trading then poverty will be no more. 

I think it will not end world poverty, how much population is there in this world, out of total population how many are using bitcoin, very less population using it, so how can it ends the poverty.

Most people do not even understand how the economy works, I have heard people saying to me that if the government printed 1 million dollars for each person and gave it away then everyone will be a millionaire, I immediately reply that by then a gallon of milk will cost 10k and then they look at me with a puzzled look, bitcoin is a new currency but if someone wants to stop being poor then it need to be more productive there is no other way.

Yes, I really do agree, and I guess bitcoin will never end world poverty. The perfect word to say about bitcoin, It can be lessen, not end. But if ever bitcoin will be productive then their is a possibility. But eventhough bitcoin cant end world poverty but it can help by the way to some people that really need this and I really adore bitcoin for being like this.

[MiF]

For me I think I think bitcoin will help to alleviate the world poverty, you could earn tokens by doing social network campaign, airdrops, signature campaigns and many more. Doing all those stuffs you will be able to earn tokens for you to convert to cash or maybe invest it to bitcoin trading, if you get lucky in trading then poverty will be no more. 

I think it will not end world poverty, how much population is there in this world, out of total population how many are using bitcoin, very less population using it, so how can it ends the poverty.

Most people do not even understand how the economy works, I have heard people saying to me that if the government printed 1 million dollars for each person and gave it away then everyone will be a millionaire, I immediately reply that by then a gallon of milk will cost 10k and then they look at me with a puzzled look, bitcoin is a new currency but if someone wants to stop being poor then it need to be more productive there is no other way.

Yes, I agree. Bitcoin is not a magic wand which will end world poverty. It simply doesn't have a power to end world poverty. The best to say is it can be lessen, but if ever it will be productive then their is a possibility. But eventhough it cant end world poverty but we must just thank bitcoin for helping many people through their needs and anything. Eventhough it cant end world poverty but I am pretty sure that bitcoin will help you to secure your future.

[kaizie]

In my opinion bitcoin does not end the world's poverty. The only person who understand bitcoin with the right knowledge and study. Is the one capable of raising himself to poverty because not all people in the world know the bitcoin and how to earn with it especially in poor countries in the world.

[kier010]

bitcoin cannot end world puberty as we can see in our world now rich people becomes more rich and poor becomes more poor. we(not all) have this behavior that we put down someone just to make ourselves up just to make more benefits.

[siegerhyme]

Wow. This thread is quite interesting. As much as I'm sure the intention is pure, with the poverty issues all over the world, this might be an impossible dream. Poverty is not solely based on money, it branches on many factors too.

[watchbay30]

Wow. This thread is quite interesting. As much as I'm sure the intention is pure, with the poverty issues all over the world, this might be an impossible dream. Poverty is not solely based on money, it branches on many factors too.

bitcoin cant end world poverty i think it could be lessen the poverty but it will never end because many people that is lack of knowledge what bitcoin is unless someone will volunteer to donate gadgets, free internet and discuss what is bitcoin all about on the people that cant afford to buy any gadgets that serve them as reference on how they can earn money in bitcoin.

[Gandam23]

Bitcoin is not a magic wand which will end world poverty. It simply doesn't have the power to end such a massive thing. Also bitcoin is not a payment system anymore. We have moved to a different goal long back, when the confirmation time increased and transaction fees hiked. These confirmation time and transaction fees is going to be increased again and again. So we will move from the initial goal further.

Bitcoin has now purely became an investment asset. IT can provide a huge return which any other conventional investment will never be able to offer ever. So I take bitcoin purely as an investment and a trading asset. I earn profit  and keep it for the future.

I dont think that bitcoin can actually do that because as far as i know the bitcoin is not yet known worldwide maybe many people know about bitcoin but not all of us. So thats why i dont think it can happen. And for me not all people can access bitcoin.

[verygusmansyah]

yes bitcoin can end world poverty, where Bitcoin is doing its part in ending global poverty. Thousands of people earn money from signature campaigns in Bitcointalk. And thousands of people are employed by hundreds of crypto exchanges around the world, in addition to thousands of merchants who make a living by buying and selling Bitcoin

[jules08]

Definitely NO. Bitcoin can't end the worlds poverty. Yes you can earn money thru bitcoin but it doesn't mean it can support each individual and sustain their daily needs. Poverty is the biggest problem the world is facing, we need knowledge, skills, experience and good government to atleast lessen this problem.

[ammo121810]

I think bitcoin would not end the World Poverty is simply because people around the world should help themselves on how they will in each and everyday by means of working and if they will work they can help themselves to sustain their daily needs. If they had enough income they can move to the next level and start saving and with saving they could invest in bitcoin and other crypto currency but of course they need to learn the concept first before investing. I believe to end up poverty should start within ourselves.

[bry090821]

in some cases, yes. but we need to see first if all of us is capable to use bitcoin.
how do we encourage people to use bitcoin everyday. how can we convince that bitcoin is true and legit. ?? that's the questions that need to be answered before they use bitcoin.