Can Bitcoin End World Poverty?

[Ellapots1234]

I think it depends on the situation. Bitcoin can only end the poverty of those who knows bitcoin,but those who dont know anything about bitcoin, they are always in poverty in thier entire life like on some places were technology have no room.

it depends. those people who enter the bitcoin world can be rich and left their life from poverty. but those people who wants to stay where they
are, its their choice. world poverty will end if everyone help each other to get away of poverty. not just money
or bitcoin can end poverty but also the people around can make change to end poverty.

[Freyya08]

I think No, bitcoin doesn't  provide money to everyone for free. If you want to end poverty you have to work for it. You have to put all your time and effort in order to end your poverty status. Not all people who joined bitcoin became rich too, one has to be dedicated and focus on ones goal. Maybe bitcoin can be the answer to poverty but it still depends on the peolple on how they use hitcoin as instrument to end it.

[posternat]

NO i don't think so it can.The question is how it can end the Poverty. Bitcoin isn't exist physically. Its only possible if we donate some amount of bitcoin but there's no services exist on internet who accept bitcoin in order to help poor peoples and end the Poverty. I can't say anything right now but maybe its possible in future.

[laxinternational]

NO i don't think so it can.The question is how it can end the Poverty. Bitcoin isn't exist physically. Its only possible if we donate some amount of bitcoin but there's no services exist on internet who accept bitcoin in order to help poor peoples and end the Poverty. I can't say anything right now but maybe its possible in future.

This will never exist, poverty is a fact that cannot be treated by bitcoin. Bitcoin is only a instrument in the economy world. We should beware of this. It won't provide a solution to poverty problem.

[ucingucingan]

If all countries in the world can work together for it is not impossible bitcoin can be one way to reduce the number of poverty in the world,

[ReindeerOnMe]

NO i don't think so it can.The question is how it can end the Poverty. Bitcoin isn't exist physically. Its only possible if we donate some amount of bitcoin but there's no services exist on internet who accept bitcoin in order to help poor peoples and end the Poverty. I can't say anything right now but maybe its possible in future.

With what you have said, how will it end poverty? Even in the future, it will not end poverty, but there is a chance that poor people might decrease. When a lot of people became rich, let's say because of bitcoin, they might consider making their own business, open up their own companies, and that needs people to be workers, that means a lot of job, so it won't end world poverty, but it will help it to decrease.

[rfouziha]

Poverty is countries government issue and it is very big issue even government of any developed countries and developing countries also not able to solve. So if we expect bitcoin will end the world poverty it is not possible. But yes any individual's poverty can end through bitcoin income and through investment returns not the country.

[emmybd]

How can Bitcoin end world poverty, when hundreds of millions of poor people don't even hear about cryptocurrency. They don't have access to education. Some of them who are educated, they don't have the desktop computer and internet access.

[NoNetwork]

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.

I think you're not making yourself clear on every statement that you've said. I mean you're saying this in circles. The only clear statement you've said is in the 'leaders' parts.

Well anyways, you're right, depending on a currency won't save poverty at all, for instance Dollars, the United Nations are giving help to these people but it turns out that it doesn't solve the problem at all. It made it even worse, they are depending on their 'help', not to help themselves.

[gadimbrut]

I think if only bitcoin will not be able to eliminate poverty in the world, it takes government action to reduce poverty, because if want to benefit from bitcoin also need money to buy bitcoin, and can choose to trade bitcoin

[BettingTips]

Yes it can. But I think it'll take very long time to completely end the poverty all over the world. For now not everyone in all over the world know about Bitcoin so they still have to work daily with low salary job. Beside when people want to get a job in real life they need to have a lot of experience and degrees that why there are a lot of unemployed people out there. But with Bitcoin degrees is useless cause nobody know who you are, they don't care about your degree, they just care about what you can do so it'll be much easier for people to earn money with Bitcoin so I think it'll help ending the poverty in this world.

[wail3Bahwu]

No, because who hold bitcoin is human and think only to be rich .

it will hep non-employer to have good work with normal income

[lestariptr]

Bitcoin reducing poverty is likely to be very small So far there are still many people who do not know bitcoin. But this is an alternative way to reduce poverty

[bohr]

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.

Education is not enough, most of the time there are not opportunities to use that education in a poor country, and the opportunities are getting harder and harder to come by, since there is more educated people every year and they are all competing for all the same jobs, so as you can see reducing poverty is not as simple, this is why it has been with us for such a long time.

[LANZ777]

For me i think so.. 


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

READ MORE:

I agree that bitcoin will end world poverty because bitcoin produce cash. Evey people need cash. We only have different ways how to get money. Bitcoin now is offer to everyone who wants to have income even when you're home. No age limit required as long as you follow instructions of bitcoin. Unemployed people also bitcoin can give them income.Bitcoin can make people rich.

[Vanshenz]

In my opinion, bitcoin will not be able to end world poverty, because bitcoin is created for capable people. Bitcoin can not be owned by everyone and bitcoin supply is also limited, seeing from all that, then bitcoin will not be able to eradicate world poverty.

[alphaomega.f]

nope but i think it will just decrease the rate of poverty because bitcoin is universal, anybody can earn from it which is good because many people are unable to find a job because of some circumstances and it'll actually be a big help to them, earning from bitcoin.

[Finestream]

nope but i think it will just decrease the rate of poverty because bitcoin is universal, anybody can earn from it which is good because many people are unable to find a job because of some circumstances and it'll actually be a big help to them, earning from bitcoin.

Bitcoin cannot end the world poverty, it's the government who can help, ways to earn by using in bitcoin like investing and trading is not advisable to the poor people whose priority is to work hard for food, they cannot take this risk because they cannot afford. When  the government will support bitocin and bitcoin will be integrated in big businesses then maybe it could help the poor by creating jobs but definitely not gonna end poverty.

[synapsisxxx]

Most people living in the world will probably never hear or atleast be able to use/acquire bitcoins before they die. Even if bitcoin is used for ending poverty,  it will have to be the duty of governments and banks,  you know,  central bodies.

[jputra635]

Already Bitcoin is doing its part in ending the global poverty. Thousands of people earn money from the signature campaigns here in Bitcointalk. And many thousands of people are employed by the hundreds of crypto-exchanges around the world, in addition to those thousands of traders who earn a living by buying and selling Bitcoins