Can Bitcoin End World Poverty?

[Bitcoininspace]

No, it's impossible. I could be possible only if bitcoin was distributed to all people that earn not enough money. Instead bitcoins are owned by small amount of people. Moreover to solve poverty bitcoin should be accepted everywhere.

[randal9]

You can't just sit down and wait for someone else to come after you and make you rich. It won't be possible until you work and think about something more profitable that can change your life. You need to work hard, only then you can get something good in your life. If this is bitcoin - it is wonderful, but it can also be anything

[MeAgainstTheForum]

For me i think so.. 


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

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Nothing , no one who is in power today is looking to end with the world poverty.

[mininghubby]

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.

no i don,t think so that bitcoin can end the wold poverty but bitcoin can help to reduce the poverty . but bitcoin can provide someone economical stability. As long as they are knowledgeable on how tho earn bitcoins. Poverty is a very big issue that the world is facing. It would need more focus from the world leaders to reach out the poorest.but poverty depends upon the situation of politics and stability of different counties and also due to the increase in population..

[Neptunator]

I'm not sure how bitcoin can end the world's poverty. Bitcoin is not the answer to end world poverty.
The most possible answer is that Bitcoin can help to reduce poor-rich gap through some non-profit organization which collects donation from cryptocurrency.

[BitGenerator]

My concern about world poverty is how it ended like it, because I think is remote to before christ.

[coat47]

Never . For centuries and centuries there have always been poor and rich people. Why should that change now?   Bitcoin is not a miracle. I am pessimistic but people are bad and jealous of your successn selfish. On the contrary, the gap between rich and poor will expand. Rich become even richer. Of course there are and will be new rich thanks to bitcoin. But on a global scale it does not represent much. And people in power think only of themselves.

[asha18]

Bitcoin can not eliminate world poverty But Bitcoin can play an important role in reducing the world's poverty. Currently, there are many people who have joined the BTC to choose from the income wing.

[marcuslong]

I think its very hard to end poverty with bitcoin yes it is because people who might interactbwith bitcoin even they heared about it they always sink into their minds that what it is what bitcoins can do and mostly those poor like me don't have much time to get some pc and ir start with cellphone the lack of knowledge if theres someone maybe it will.

[Tukang Becak]

Poverty is a very difficult problem to deal with, it takes a long process, and instant ways like subsidies are not proven to reduce poverty, I think the government's financial system must be changed from decentralization to decentralization, and bitcoin can reduce poverty.

[marsmyname]

Absolutely Bitcoin can end world poverty and that is the goal of it. It is going to decentralize every centralized system, and that is what the world economy is today, and allow everyone a fair chance at bring value to the economy that can't get changed.

I do not think that bitcoin can end world poverty. Bitcoin is not as such popular in all the people of the world. Still a very small number of people are using bitcoin, and have some knowledge about it. Still less than 2% people are using bitcoin, which is in fact a very little number of people who are using bitcoin. Therefore I do not think that bitcoin can be helpful to r

[Ethminer2x]

Bitcoin cannot end world poverty. It just make some small group of people with understand about tech can become richer!

[jovs]

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.

Poverty is not a simple issue to solve. Even highly developed countries in the world consider poverty as one of the most difficult problem to solve. Bitcoin can play a part in in the solution, together with the help of market experts, economist and government leaders. But, ending poverty is far more complicated, it needs a lot of studies and strategies that will not happen in an instant.

[StarofBTC]

Bitcoin isonly betting whenev er you commit your bitcoin in altcoins hehe. Bitcoin an extremely great expense together wiis terous altcoins. nmhu

I am also strongly in favor of making bitcoin legal throughout the world because in this way many people who are living life of poverty especially after even holding degrees, they are going to earn good money with bitcoin and will no longer be a burden on their society and government. Bitcoin has already made masses earn their livelihoods. In short, bitcoin can play significant role in eliminating poverty form world.

[wolfgang56]

For me i think so.. 


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

READ MORE:

I don't think bitcoin can end poverty because no one can end poverty unless the people who lives on poverty wants to get out themselves in that kind of situation. There is no way bitcoin can help those poor people who are lazy and just want to give all their needs to them to the point that they just hoping for the help of other people.

[Bakukang]

No.Bitcoin is not the primary solution to world poverty.Its the job of all its leaders of a certain country to solved its problem on poverty.Do not depend on bitcoins so much because it can never be solved just by depending on it.

[chichigirl]

I wish there will be an association of all altcoin companies to build and raise a NON Profit ICO specialized only for charity. This could help to lessen the hungry people.

For me i think so.. 


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

READ MORE:

[doomloop]

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.

Yes I think it’s possible for bitcoin to do so as we know that bitcoin have already replaced some other crypto from market and still it trying to do its best because in many countries bitcoin have reduce unemployment and it also want to end world poverty so I think to end world poverty bitcoin need some time because it’s a very big challenge to bitcoin to end world poverty but I believe bitcoin will do it because bitcoin is now very strong than ever.

[Best Dreams]

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.

Yes I think its possible for bitcoin to end world poverty because bitcoin is playing a very big role in economy of different countries and also bitcoin reduce unemployment in many countries so off course bitcoin can do it but I think it’s a very big challenge for bitcoin I think it need some time but the way bitcoin is going forward there is no doubt that bitcoin can end world poverty and that’s why every country are trying to accept bitcoin.

[Virtual miner]

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.

Yes I think its possible for bitcoin to end world poverty because bitcoin is playing a very big role in economy of different countries and also bitcoin reduce unemployment in many countries so off course bitcoin can do it but I think it’s a very big challenge for bitcoin I think it need some time but the way bitcoin is going forward there is no doubt that bitcoin can end world poverty and that’s why every country are trying to accept bitcoin.

How the hell could bitcoin vanish world poverty?? Does this even makes any sense? Poverty is due to unevenly distributed wealth. I don't really know about any such mechanism under BTC. Moreover, only the most rich people are in mining today. Have you ever seen a poverty stricken person behind the PC confirming transactions.