Can Bitcoin End World Poverty?

[Sled]

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.

Those questions are very easy to be answered. As of now, bitcoin is not that easy to be used for everyday or daily basis because the price of bitcoin is maybe high but the coverage of its market is not capable to be accepted. Bitcoin is true and legit because a lot of people are already using bitcoin and they are all happy because of the gains that they are getting from bitcoin.

[Gladz29]

It can bring ease to the life of those who know how to handle it. Poverty is not directly proportional to any currency (real or virtual). It is linked with other economic factors including policies, infrastructure, technology, and above all the education.

Yes when time comes, that bitcoin can used easily. Its easy to end poverty, because all of us can own bitcoin it depends how you work for it. Because laziness is the one enemy thats why poverty is always exist.. It depends other people how they work for bitcoin.

[Seaze007]

Well it not just easy as that, it should have process to begin with and and the main is to educate the whole world about bitcoin. It's not also easy that the whole world will embrace bitcoin because not all of us is the same way of thinking. Many will favor but much will hate but for them to better understand that bitcoin would really end world poverty they must first understand what it means and its goal.

Yes bitcoin is the one of the way to end poverty. But poverty its about people. Some of us is lazy to find work, early to get married, thats whay some of children now suffering hunger, poverty can end if everyone is working, good salary, so everybody can buy foods.

[khayecee13]

I think it's not Bitcoin or any other virtual currency or even the paper money that will end world poverty. It should be financial literacy.
When everyone knows how to handle their money and knows where to put them, i think if this will happen, poverty will be solved.

[Bakukang]

Bitcoin will never be the answer to world poverty.Different countries are facing problems with poverty.The leaders must have a solid platform that will end their problem.Do not depend on bicoin having to resolve problems on poverty.Leaders must take action.

[katiecbell]

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.

What are you even talking about? First you said you agree, and next you said you don’t agree that bitcoin can end world poverty. Please, where are you standing for God’s sake! Lol, like seriously, some of you here are really confused. You don’t understand a question and you answer whatever you think best, but it doesn’t fit in at all.

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 can’t end world poverty. Saying that bitcoin can end world poverty is just like saying that something can stop corruption. No matter what you do, there will still be corruption, no matter how hard you fight. So same thing applies to poverty, you can’t end it. Some people are the reason for their own poverty.

[dhrazzen]

For me it is impossible that bitcoin can end the poverty but it can help the people to improve their way of living. In addition to that we cannot force an individual to engage in bitcoin, it depends to us human on how we handle our life. So therefore bitcoin cant end the poverty but it can reduce the poor people in the country.

[Andrianla]

For me it is impossible that bitcoin can end the poverty but it can help the people to improve their way of living. In addition to that we cannot force an individual to engage in bitcoin, it depends to us human on how we handle our life. So therefore bitcoin cant end the poverty but it can reduce the poor people in the country.

In my country every year there is a decline in the value of currency because of the increasing amount of banknotes, so I think it would be great to invest bitcoin to keep the money.

[Dondon1234]

 For me ,I think yes because bitcoin has a high potential to end world poverty. There have many risk to have more bitcoin that we can pass..

[Uno17]

I don’t think so bitcoin could end world poverty because not
100% of the world population will be educated in the world
of bitcoin, it maybe 50-60% of the population may possibly
be literated

[supermam]

I think Bitcoin cannot end world poverty maybe i the can help to the people who are able to work with bitcoins but they must be educated enough and know about modern technology in order to become successful in joining Bitcoin.

[Leane Lee Natividad Cuenc]

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.

For me it depends how the  situation of those people using BITCOINS .Bitcoins can help others to have a good life but not to end the Poverty....

[saifanik]

Nothing is impossible for human in the earth.Solving poverty problem, it is very difficult task.But it is possible. Bitcoin is profitable business and it's the golden opportunity for unemployment problem.It is so difficult but in my opinion, it is possible

[Kokoy]

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, but for my own perspective I can see bitcoin as one of the greatest contributor to end worldwide poverty that until now we cant end. I have realized that there is also a factor that can erase poverty for good and I think equal currency for every country.

[Dondon1234]

It has a possibility that bitcoin might change the world but, it will take many years before it will be. We cannot change a thing so easily. But we hope so that oneday bitcoin might help us all especially those who are very lack in needs.

Yes you are correct and you have a point .. It's like my opinion that It has a possibility that bitcoin might change the world but It's not easy like others see and others think ..Yes It will take many years before bitcoin end world poverty because not all people have know about bitcoin ,and bitcoin is not literally legal ...

[bentong talong]

For me i think so.. 


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

READ MORE:

Bitcoin might make a big impact in relation with the solution of world poverty but some stuffs would not be affected because bitcoin is not yet legal worldwide and there are still a lot of people who does not have any idea with it. It is considered to be the most popular cryptocurrency but I don't think its popularity is already enough for the change and the end of the poverty. We should set our selves in proper first before we depend on bitcoin with the solution of world poverty.

[Xiberion]

I can not see how it can end the world poverty as the laws of a country and the state budget determine poverty or wealth, beside natural conditions. Bitcoin not born for that I think. It may and can help people in many ways, especially when it comes to money matters, bitcoin and the cryptoworld, but poverty is different case.

[slashz9]

I think it's difficult because there are some or maybe many people who do not know about bitcoin, and if they do not know then how do they get it?
we take the example of people in the interior of Africa they are still very far away or untouched technology, they have not thought how to get rich, or have many assets. they only think about how to survive today.
so I guess your opinion about eradicating poverty is wrong.

[RamBahadur.Gurung]

A currency can never end poverty in the world. In order to eradicate poverty, poor people must practice family planning, and they should give more importance to educating their children.

[bhabygrim]

For me i think so.. 


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

READ MORE:

Bitcoin is not a magic that could end up world poverty. World poverty is a big issue and it is way too big for bitcoin to handle. Not every know how to earn bitcoin and not everyone is aware of bitcoin. Even those who are earning are not even willing enough to help those who are experiencing poverty.