Can Bitcoin End World Poverty?

[Farhan786]

Bitcoin is not some magic method to rid the world of poverty. It is just a cryptocurrency.many people really achieve there dreams to be rich because of using bitcoin, maybe bitcoin can really end the world poverty if they will use bitcoin for an income or a job. It will not fully. But maybe partial.

[1714924223]

1714924223

[1714924223]

1714924223

[1714924223]

1714924223

[Mr.grin]

Bitcoin is not some magic method to rid the world of poverty. It is just a cryptocurrency.many people really achieve there dreams to be rich because of using bitcoin, maybe bitcoin can really end the world poverty if they will use bitcoin for an income or a job. It will not fully. But maybe partial.

I think, if the government focuses on the use of bitcoin for the less fortunate, it could happen. in fact, bitcoin has a high degree of authority in that case if best used by the government.

[bitcon]

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.

No, it cannot. It is the currency and the system that brings more profit for those who have their great funds and capital already.

[markk94]

bitcoin could reduce world poverty. But to end the poverty in the world equally, i don't think bitcoin could achieve that. Because its too complex to clear for bitcoin right now. #CMIIW

[ROTCIV75]

I think it can reduce poverty but thinking that it will remove  or end world poverty. Bitcoin has a tremendous potential that it can do anything and can take the world anywhere.  But talking about end of World poverty.  Bitcoin has the potential to change the world economy and paper currency but it is to hard to believe or to imagine that it will end world poverty.  As bitcoins is a virtual currency concept. It is only benefit those who own them,  so for buying bitcoin you need a investment and that investment is only done by a stable person no poor can do that.  So I think bitcoin will only make rich richer but not to poor.  It may gives and increase the employment and may reduce unemployment but ending poverty is not possible.

[wxa7115]

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

But how many people that are poor are going to be able to take the oportunity and make money with bitcoin? You need almost 12k just to get a bitcoin, that is more than the salary that many people around the world get in a full year, bitcoin can be used by anyone, but the opportunity to become rich with it, it is only for those that know how to make some bitcoin or the ones that can afford bitcoin at those huge prices.

[a4techer]

No one can remove poverty even bitcoin it cant remove poverty in this world and bitcoin is not a magician even the government many administration surpassed but they cannot stop poverty so that bitcoin also. because poverty is existing because if you cannot educate the poor people on how bitcoin works and how they earn in this kind of cryptocurrency of course they didnt know how they get an income.

[dragoz11]

I think that btc and also so many other assets can end the world poverty but the question must be whether rich and governments want to end it, if it ends than control can be so hard. 

[Rebelf]

Its easy to persuade other all that you should do is invite them in some faucet tell them to experience then when they earn try topurchase that satoshi to them so they will have confidence in you.We can also try to provide them bitcoin already then let them know to pay that whenever you earn here in bitcoin.When they not already convince here simply because very first talk associated with a person this bitcoin is rip-off so try to invite them in no commit

[arief89]

I think it will be difficult to end world poverty, even if bitcoin can end world poverty, everyone should understand and be able to run bitcoin, whereas now people who run bitcoin are people who understand the internet and can buy quotas to use bitcoin ...

[katrimans]

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.

Yes, Bitcoin does have capacity of eliminating poverty from the face of earth forever if all the governments of the world join hand together for this purpose. Bitcoin is doing its job perfectly of turning unemployed people into employed ones by providing those jobs in the form of signature campaigns. It is also allowing people to establish their own businesses by the profit they are getting from bitcoin holding.

[Owl_Fintech]

Nothing can end world's poverty but work and collaboration. Bitcoin is a tool to reach this goal, and we are lucky to have it at our disposal.

[King Sastro]

In my opinion, the problem of poverty is a state problem that can not be solved instantly, it takes a long process of up to decades to reduce poverty. if the state cares then the first step is to change the financial system and improve education.

[MiF]

In my opinion, the problem of poverty is a state problem that can not be solved instantly, it takes a long process of up to decades to reduce poverty. if the state cares then the first step is to change the financial system and improve education.

Yes, I really do agree. Bitcoin os not a magic wand that can end world poverty that fast. The perfect word to say is bitcoin can be lessen world poverty. Bitcoin already help many people right this time and can secure future lives. It can end poverty instead it can change our lives forever. In this generation bitcoin is the most popular and it is already proven for everybody which means bitcoin is useful and can help us on our daily needs.

[theunbeatable]

Maybe bitcoin may answer to the poverty but like other people said bitcoin has no magic that can do to a lot of people like us to change immediately someones life. If you do not do something luck is always avoiding you or will avoid us if we will not do something in return. For me i still believe in this word. In this world people can get anything they want but in order to have that thing you must do of course something like sacrifice. in short term nothing you can get without sacrificing anything. So the answer is still on those people if they want to end their poverty they must do something we are in the world of where things is not getting always free. If they choose to still not to go up in their life it is their life because we are doing things to help them and to also help poverty problems but we all know of course that this world has always an unbalance system someone may become rich but always someone will go down because of that its just like money. all of us may all have a lot of money but not equal i am right? thats the answer. and also some rich keep pushing those poor so their hope is fading and ending in cruel life.

Well said, the reason of poverty is this big disbalance between humans. Imagine, someone has 10 billion and one man don't has even 2$ to buy bread. That someone doesn't uses his 10 billion and hold it for nothing. It woupd be best if there was limit of money on every person, this would make big improvement in poverty. But also, main idea is learning and learning, it's hard to beat smart man and learning is like must here, people need to grow their knowledge but goverment does nothing for it in poor countries.

Were too small as an individual to make change on what you guys are calling imbalance. But if we are united enough we might have a chance. But the thing is that someone is not going to let you, this problem is so complex right now, but implementing BTC in every transactions of the government can reduce corruption, because every transactions are transparent in the blockchain.

[sheiv]

In my opinion, it will end the poverty if everyone is eager to learn using the bitcoin and most importantly you have your diligence and perseverance in yourselves. Every hard works ends gracefully, it's a long process I guess, so everyone needs patience.

[Derrick]

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

poverty is the big issue of the numerous nations all through the entire world and world are attempting to take care of this issue yet at the same time there is no decline was come in the rate of neediness now bitcoin has made stride in this way and giving simple occupations to all sort of individuals who are procuring bitcoin and this will most likely reduction the rate of destitution.

[sharted]

In my opinion, it will end the poverty if everyone is eager to learn using the bitcoin and most importantly you have your diligence and perseverance in yourselves. Every hard works ends gracefully, it's a long process I guess, so everyone needs patience.

I am sure bitcoin will end world poverty.Many of the unemployed people earning their income by doing trading in bitcoin and also by participating in Signature campaign.Many people are doing trading of crypto currency as a full time job.

[alfacentavr]

I think that bitkoin is a breakthrough to the future, but to say that he will solve the problem of the world level is difficult.

[Senja Kemuning]

The problem of poverty is unequal economic equity, many governments are corrupt and protect the evil entrepreneurs who drain the natural resources, change the government system is the key to end poverty.