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Author Topic: Can Bitcoin End World Poverty?  (Read 62992 times)
kram31
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December 10, 2017, 04:04:04 PM
 #2061

I DONT THINK this is possible! the poverty is depend not on the bitcoin or what ever it is on the people whose suffering thisstage! people need to move and make a living to end their poverty and the support of the government! corruption must END! this is the big factor to contribute for stopping the poverty of theworld, then bitcoin can help towards, but telling bitcoin can earn what? NO WAY!
CaterpillarRave
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December 10, 2017, 05:06:23 PM
 #2062

It's really hard for Bitcoin to end the world poverty, it's not the purpose for Bitcoin to born. It's need more helps from goverments from all over the world.
kolbalish
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December 10, 2017, 05:07:04 PM
 #2063

In the world,everything is possible. Bitcoin is already a revolutionary issue. There are many people had improved themselves by working here.So,by working here,everyone can be profited and by doing this Bitcoin can end world poverty.

cryptosy
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December 10, 2017, 05:27:41 PM
 #2064

The potential as of now exists. One day, Poverty might be a relic of days gone by. On such a day, vagrants will never again be destitute. Welfare programs – and the administration organizations who direct them – will never again be essential. The world will be bursting at the seams with business, wherein exchanges should be possible quickly with secrecy with the help of bitcoins.
chimcoin
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December 10, 2017, 05:45:30 PM
 #2065

In my own opinion, no, for this obvious reasons,
1. The entire world has not really embrace education and without education, it impossible for Bitcoin to end poverty because Bitcoin is part of computer knowledge plus the Internet.
2. Interest -some people may not be interested in Bitcoin,this is because people have other area of interest and not necessarily bitcoin to make a living.
3. There are many countries in the world that are against Bitcoin probably because of their economic policies and laws while, there are countries that are in support of cryptocurrency may be because  it suit the economic policies and laws.
Biggapp
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December 10, 2017, 07:13:55 PM
 #2066

It can't end WORLD and global poverty but it could just help some parts of it after finding positive and prospectives ways to get into it and find help in it.
Why not if we see the growth of bitcoin jobs and the ratio of people who are earning just with the help of bitcoin are now very high and every second person is using bitcoin employment and way of earning is bitcoin now. Bitcoin made life easy and now even a poor but talented person can easily earn money just because of bitcoin signature campaign because it just need some experience and time to spend for your own betterment.
Triffin
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December 10, 2017, 07:50:33 PM
 #2067

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

Bitcoin cannot to end poverty complete but it has very good potential of reducing it to significant level. There are so many people who were living a life of disappointments and desperation even after holding good degrees. Bitcoin is the one which has turned these useless people into useful people for the society. There are many people who are very much satisfied with bitcoin now and even have left their day jobs.

YTBitcoin
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December 10, 2017, 08:46:11 PM
 #2068

Bitcoin can certainly be of a big help but still, I can't say it can end world poverty.
I will say here still it require the education. If people will have education then they will know to work with bitcoin and they will have some skills and they will find their jobs here and other places in the crypto communities so that way they will get their profit and they will not be disappointed and they will then encourage other people and in this way it is possible that bitcoin end the poverty of the world.
Cotton Candy
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December 10, 2017, 08:51:12 PM
 #2069


Somehow it can be, how they can end the world poverty? By them being profitable by all the people in the world people can manage to get some profits to gain some money in them. And those who are unemployed people they can go all in on this thing because this is lile an online job so working in this gonna make those unemployed an employee in this thing and it is pretty easy tp gain money in this. So by decreasing the unemployment rate is also gonna decrease the poverty
Flexusio
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December 10, 2017, 09:33:42 PM
 #2070


Firstly, that that URL is no longer showing the right post and redirect to main page.
The new post URL should be this one : https://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/#20e756602a5a

I just wanna say that is bullshit. I do believe in bitcoin and I hold it. But that article telling us the hyperbolic and just like too ambitious.
"End World Poverty" are you kidding me? Cheesy Cheesy
1. First word is "End". Sorry but I disagree he uses this word, except he uses "decrease", it's still make sense.
2. Second word is "World". Does he really knows how many human in the world and how many poor peoples in this world? Let he check world bank website for the latest poverty rates.

Let's make a silly data review :
- World bank data of poor peoples : 768,5 millions (2017) (source : http://blogs.worldbank.org/developmenttalk/2017-global-poverty-update-world-bank)
- World population by Oct 2017 : 7.6 billion (source : https://en.wikipedia.org/wiki/World_population)
- Take sample of bitcointalk members to represent world's citizen who involved in cryptoworld :
  BCT members by 11 Dec 2017 : 1.397.486 (source : https://bitcointalk.org/index.php?action=stats)

I just share those data, no need to calculate it or formulate it or whatever . . . Just see those data, and answer these question.

1. Are those poor peoples capable enough to understand how bitcoin works, how to earn it, how to get it?
2. If they are not capable for that, then WILL ALL BITCOIN HODLER makes something like charity to giving away their BTC to those poor? (how selfish they/ you are)

3. Can Bitcoin End World Poverty?

How can the world poverty charged to bitcoin. No more than just a joke. Cheesy Cheesy
Aldritch
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December 11, 2017, 11:00:31 AM
 #2071

i think it is not. not the bitcoin will end the worlds poverty. many poor people in the world do not have smartphones or computers and also internet connection in there house. these are the things you need to get into the world of bitcoin.

Vanshenz
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December 11, 2017, 12:23:05 PM
 #2072

In my opinion, bitcoin will not change the poverty of the world, because there are still many people who do not know about bitcoin, especially people who live in the village, internet alone they can not let alone use bitcoin. Therefore I conclude that bitcoin will not change the world's poverty.
1969Dave
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December 11, 2017, 12:31:05 PM
 #2073

Nice question but I don't see how bitcoin can end poverty in the world...

deddod
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December 11, 2017, 02:13:31 PM
 #2074

I think Bitcoin can reduce poverty worldwide.
because Bitcoin offers a job with only internet laptops and expertise. it will reduce unemployment and will automatically reduce poverty.

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im posible
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December 11, 2017, 02:23:08 PM
 #2075

I think the possibility of bitcoin has not been able to alleviate poverty because of what?
1. Bitcoin users need a stable Internet connection, whereas most poverty occurs in remote areas with minimal facilities and supporting facilities to become bitcoin users.
2. Most poverty is in an environment where the level of education is still low, it will be difficult to understand and practice bitcoin in these areas.

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Kousei23
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December 11, 2017, 03:18:27 PM
 #2076


I think yes somehow because we all know that today bitcoin has a major role in our society now. It has a big effect on us today in a way that bitcoin makes an impact to our society on earning some profits. For me It somehow can change or end poverty but the major it depends on the people as is always.


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micovcin
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December 11, 2017, 06:12:10 PM
 #2077

I think Bitcoin can reduce poverty worldwide.
because Bitcoin offers a job with only internet laptops and expertise. it will reduce unemployment and will automatically reduce poverty.
I think it's not as you said. They're still unemployment in official. But more and more companies will lose the employees when they found a job in internet right? So how can it helps ending the poverty for real ?
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December 12, 2017, 02:57:06 AM
 #2078

No. Bitcoin is only a way to solve problems in poverty. Its really depends upon the person if he or she is willing to succeed in life, he/she is not contented in what the government gives them. The world of poverty will end if people have the financial IQ to use bitcoin as his asset to gain money and not dependinh on the government.

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December 12, 2017, 03:19:47 AM
 #2079

Bitcoin is limited and can only occupy a large space of population but our necessecities are unlimited. Poverty won't end , it will just pass family generation to another generation but bitcoin would probably help to lessen the number of poor.
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December 12, 2017, 03:59:21 AM
 #2080

For me is yes, bitcoin can end world poverty if everyone of us have already encountered the bitcoin and have a already a knowledge about it. The world can end the poverty if all of us in the world is sincere and eanted to end the poverty in the world so that we have a equilibrium economic growth in every country.

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