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Author Topic: Can Bitcoin End World Poverty?  (Read 62992 times)
CryptoDens
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December 08, 2017, 08:15:28 PM
 #2021

This is what all countries, Bitcoin and other crytocurrencies are expected to reduce hunger and poverty. With government intervention to fix the problem of hunger and poverty that has been unfinished centuries. Perhaps some of the other Bitcoin and Altcoin communities can contribute to countries with hunger and poverty. If it happens I am sure it will quickly reduce the problem of world hunger and poverty.


bakekang008
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December 08, 2017, 10:26:54 PM
 #2022

Yes, I believe in that. Because everyone of us can own bitcoin. So if everyone can own bitcoin so they can help others. If the government will allow to the private sector to used bitcoin, and allow others to invest bitcoin in their community so it can happen that  bitcoin is the way to end poverty in the world.

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Napole0n
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December 09, 2017, 01:02:10 AM
 #2023

In my opinion, No and it depends on a person if he/she have knowledge on computer and even analyzing the priced of bitcoin. But the very important are have patience and hard working. Bitcoin is not a magic that people invest now then tomorrow is you can make huge profit. It's hard to end poverty even bitcoin can't vanished poverty.

In addition, bitcoin can only be used for those who have internet access, as we know that there are still many countries that do not have good internet access so that this does not bring any impact to them.
LANZ777
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December 09, 2017, 01:03:49 AM
 #2024


I think so bitcoin can end world poverty  because bitcoin can give income to any person who wants to have income. And that's the number one problem of every country because most people have no work. But here's bitcoin offers an income even at home, no age limit no discrimination as long g as you want to earn from bitcoin. Bitcoin now will become powerful to all the world because it gives income, ears, and profit.To all traders and investor of bitcoin have a chance to earn a big big amount of money  because bitcoin now is very expensive, Bitcoin now is the best source of income.
Charisse1229
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December 09, 2017, 01:41:40 AM
 #2025

If anything the inequality is getting higher every year the richer are getting richer and the poor are getting poorer, bitcoin is money, and the only purpose of money is to facilitate trade, the mission of bitcoin is not to end poverty, that is not going to be possible at all since that is the way our economic system is designed, there are winners and there are losers.

bitcoin can only help to us. For example if a person do not have any job means he is jobless and now he has start bitcoin trading or investing earning bitcoin through any other skill then bitcoin has changed his life and has removed his poverty but not for everyone who even do not know about bitcoin. Bitcoin cannot actually eliminate the world’s poverty but it can reduce it to a greater extent. It all depends on us whether we want to change our lives using bitcoin or not
jinx029
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December 09, 2017, 01:47:26 AM
 #2026


Poverty is balance in life, even if given equal money, not necessarily same in use. Because each person's different needs and lifestyle, bitcoin will never overcome poverty. However, in presence of bitcoin peoples can make money without to become employees
Jupeter
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December 09, 2017, 02:11:06 AM
 #2027

The price of bitcoin is too height. I`m agree, that it`s international value, but there are so many people who cant buy it.
I dont think so that bitcoin can end world poverty because not all people in this world knows what is bitcoin for, and not all peple knows how to use bitcoin so it has no possibilty that bitcoin can end world poverty, maybe bitcoin can help some people like me to earn many money and became rich in the future. But it doesnt mean that bitcoin  can end world poverty.

bohr
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December 09, 2017, 04:08:01 AM
 #2028

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.
It is not possible, ending world poverty is not easy, I do not know where people got this idea, world poverty is a problem with many causes and problems like that are very difficult to solve because you cannot just do something and alleviate the problem, the west has gave much aid to poor countries but most of that aid is stolen by politicians or powerful people in those countries so the poor never benefit at all from such aid.
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December 09, 2017, 04:24:12 AM
Last edit: December 09, 2017, 04:43:17 AM by Dilladupak
 #2029

Bitcoin is getting more and more of an interest. As we know that bitcoin for me can help in all societies . Where they invest well they will get multiple benefits. In view of the excellent price for us it is great to invest in the future in the presence of this bitcoin in all societies can reduce poverty and to get a lot of results.
If I think bitcoin has not been able Yo end world poverty.
Sled
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December 09, 2017, 06:24:31 AM
 #2030

Bitcoin is getting more and more of an interest. As we know that bitcoin for me can help in all societies . Where they invest well they will get multiple benefits. In view of the excellent price for us it is great to invest in the future in the presence of this bitcoin in all societies can reduce poverty and to get a lot of results.
If I think bitcoin has not been able Yo end world poverty.
Bitcoin is one of the best thing to invest right now because the benefits are just the best for an investment. Bitcoin has a secured blockchain technology and also its price is almost always going up which is the best for an investor. Bitcoin is also safe because of the anonymity and the most thing that i like bitcoin is the fast transaction speed.
BabyBoss
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December 09, 2017, 06:31:11 AM
 #2031

Absolutely my answer is yes! Why? Because I feel a better improvement since I started to join bitcoin and we all know that poverty is in the individual people. And people is the reason of financial crisis or financial improvements. I believe that if we all become rich or have better improvement because of bitcoin then the poverty will end in our land or in our own country.
tbterryboy
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December 09, 2017, 12:31:21 PM
 #2032


Poverty is balance in life, even if given equal money, not necessarily same in use. Because each person's different needs and lifestyle, bitcoin will never overcome poverty. However, in presence of bitcoin peoples can make money without to become employees
That is true, but despite that Bitcoin can’t end world poverty, I believe it can have something to offer the world, maybe just as you said– by helping people who are unemployed to get something for them to live their life with. In a situation whereby it creates a job opportunity online, I believe it is already offering something when it comes to reducing the rate of world poverty.
JTEN18
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December 09, 2017, 12:59:11 PM
 #2033


Poverty is balance in life, even if given equal money, not necessarily same in use. Because each person's different needs and lifestyle, bitcoin will never overcome poverty. However, in presence of bitcoin peoples can make money without to become employees
That is true, but despite that Bitcoin can’t end world poverty, I believe it can have something to offer the world, maybe just as you said– by helping people who are unemployed to get something for them to live their life with. In a situation whereby it creates a job opportunity online, I believe it is already offering something when it comes to reducing the rate of world poverty.
Bitcoin can really change the world of individual and can definitely end the world of poverty. Bitcoin somehow change the way I live if there is time I am really exploring here I don't let my spare time to be wasted. Since we have found out that bitcoin really change our life let us not forget to share this.
Magic Sarap
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December 09, 2017, 01:08:37 PM
 #2034

Nope
 Not a single currency that is decentralized could end the world poverty. Indeed, Butcoin is really profitable to most of its users and investors but knowing that it is not recognized to some countries, I thibk it is not possible to be the key on ending poverty on the whole world. It is just a currency and people are the ones who are responsible to that"end"

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darklus123
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December 09, 2017, 01:10:03 PM
 #2035


Third world countries are starting to adopt the new technology which is making things possible. This is not just about bitcoin anymore but on how can this people competes with the other individuals in our current technology. Bitcoin can only be a medium of our success but still in the end. It is all about how we use our strategic mindset towards success
lazaruseffect11
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December 09, 2017, 01:13:13 PM
 #2036

In my own opinion, bitcoin cannot end world poverty since some of the countries in the world already banned bitcoin in their place. Also, not all people have an idea of what bitcoin is and not all people can have access to bitcoin because you need at least a device that you will use and an stable internet connection. The idea of bitcoin is very complicated because its so hard to understand. You need to spend more time and effort to it first before you fully understand its usage and how it works.
Hxyro
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December 09, 2017, 01:21:56 PM
 #2037

Everyone knows that Bitcoin cant really end poverty. Not all can afford it. Bitcoin doest have to do with poverty from the first place.
geegaw
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December 09, 2017, 02:22:12 PM
 #2038

In my own opinion, bitcoin cannot end world poverty since some of the countries in the world already banned bitcoin in their place. Also, not all people have an idea of what bitcoin is and not all people can have access to bitcoin because you need at least a device that you will use and an stable internet connection. The idea of bitcoin is very complicated because its so hard to understand. You need to spend more time and effort to it first before you fully understand its usage and how it works.
Precisely, it can not end poverty all over the world, this is one thing that I think everyone knows because bitcoin is still so strange to people all over the world, many countries still do not have internet, many people still do not care about bitcoin and still think bitcoin is a scam, although this situation is improving and many people have a clear knowledge of bitcoin but that is not enough, knowing and making money with it is two different stories. Bitcoin is not god, it's just a virtual currency, a tool and an opportunity to change lives, want to take full advantage of this tool is not a simple thing, we will need a lot of effort and patience

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December 09, 2017, 02:29:50 PM
 #2039

bitcoin can help to destroy poverty only if there are people who want to help, but they don't have the opportunity...and they hope that bitcoin will give them this opportunity...but any of our steps can help people who need...For this, bitcoin is not needed
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December 09, 2017, 04:25:04 PM
 #2040

Too much to think bitcoin can end of poverty because poverty is too complex and it deals with hundreds of millions and even billions of people in this world, it takes hard work and serious effort to be able to end poverty.
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