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Author Topic: Can Bitcoin End World Poverty?  (Read 63041 times)
PatronRH
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December 26, 2017, 04:11:58 PM
 #2161

I don't really think bitcoin can do that at the moment. It can help those who know how to trade with it for sure but end the world poverty. I don't know about that. Yet I think bitcoin can help with some economical problems. That's because of the limited amount of bitcoins so when it's all mined I think it would help with inflation simply because we can not print more. And that is the problem with real money.

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Cling18
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December 26, 2017, 04:57:42 PM
 #2162


Bitcoin has been the major problem of society nowadays. I think it is something that is really hard to end. I think bitcoin can't end it globaly because only a few percentage of people in each country have the knowledge about bitcoin. Maybe, it can change an individual's financial state but it can't change the situation of the world.
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December 26, 2017, 05:31:12 PM
 #2163

I think bitcoin does not help to solve the problem of world poverty, because that he is like any other investment like gold or diamonds or stocks. The rich will use it to make more investments, and the poor will have a much lower financial position.
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December 26, 2017, 06:10:11 PM
 #2164

I think bitcoin does not help to solve the problem of world poverty, because that he is like any other investment like gold or diamonds or stocks. The rich will use it to make more investments, and the poor will have a much lower financial position.
Yes, poverty is not likely to get sought with bitcoin or some other digital currency. It is all about the basic requirement, which needs to be rectified by the government of each and every country. Rich always use to multiply what he holds and very few have the eagerness to support poor people and support them improve their way of living.
Noilee
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December 27, 2017, 03:47:51 PM
 #2165

Yes, because it helps lot of people to give more opportunity to invest and earn in bitcoin, especially to those unemployed. So bitcoin will end poverty, because as we notice and we heard that there are almost people are give thanks and appreciate to bitcoin. I believe that bitcoin can end world poverty because of its profit and most of people are already invest. It has a potential that can end world poverty because the price is good.
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December 27, 2017, 03:57:38 PM
 #2166

Can Bitcoin End World Poverty?

Bitcoin - No.  Sad
New cryptotech & fintech - Yes  Wink
Jdragon6x6
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December 27, 2017, 04:13:03 PM
 #2167

Yes, because it helps lot of people to give more opportunity to invest and earn in bitcoin, especially to those unemployed person like me. Hope i can have some bitcoins. I will buy what i need.
reginalkri
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December 27, 2017, 04:15:58 PM
 #2168

If it had super powers it could. But it doesn't. World hunger depends too much on humans depending on humans.
geegaw
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December 27, 2017, 04:36:15 PM
 #2169

Yes, because it helps lot of people to give more opportunity to invest and earn in bitcoin, especially to those unemployed. So bitcoin will end poverty, because as we notice and we heard that there are almost people are give thanks and appreciate to bitcoin. I believe that bitcoin can end world poverty because of its profit and most of people are already invest. It has a potential that can end world poverty because the price is good.
Bitcoin help for the unemployed, providing jobs for more people interested and aware of it, but do you think the poor will know Bitcoin, certainly not, even they do not know about computers, they do not know about the internet, that means they can not work with bitcoin, bitcoin can not help them. And in fact, Bitcoin will not be ending poverty around the world, it can bring income and work to many people but that is only limited to a certain degree, it can not do anything beyond its capabilities, poverty is still a terrible problem that can not be solved

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Gramna
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December 27, 2017, 04:43:43 PM
 #2170

I think there is a chance that bitcoin will aid poverty for some areas but if we are talking about the whole world, it's far from happening yet. We should always remember that bitcoin is not yet legalized worldwide so its capability to help people is not that influential yet knowing that some people are not yet even aware of what bitcoin is and what it does to people who uses it for profit.

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December 27, 2017, 04:44:58 PM
 #2171

i think it's not the rigth time because of widespread poverty in need of government support because if bitcoin can go out of poverty many processes still have to be done but if you really want to be able to hesitate to help yourself to get the chance to get in trouble.
Neddie1908
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December 27, 2017, 04:58:20 PM
 #2172

I think it is possible, if every person in the world has access to the internet or bitcoin, actually before it was possible because creating an account at bitcoin is free unlike now

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December 27, 2017, 06:43:05 PM
 #2173

I don't think so. Bitcoin is only a cryptocurrency and the solution of poverty depends fully on us. We can not make sure that everyone in the world will use bitcoin as an instrument to escape poverty since it is not legalized yet but as we approach the future, I think we will have the chane. Bitcoin is just an instrument, our will is the one to play the biggest role on ending world poverty.

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Tabanta
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December 27, 2017, 07:02:23 PM
 #2174

Well, BTC is the enemy of the banks and banks are the enemies of the poor people, so I guess BTC isnt that bad for poor people Smiley

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December 27, 2017, 07:08:47 PM
 #2175

I don´t think that bitcoin will end world poverty. That is a structural problem that the world has. Bitcoin will democratize the financial system and make it more accesible. But poverty is another matter
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December 27, 2017, 07:28:16 PM
 #2176

I think it could be bitcoin doing that. Because a lot of poverty in this world. Bitcoin can help a country's economy and reduce poverty. Any unemployment can work on bitcoins.
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December 27, 2017, 07:41:51 PM
 #2177

Resume for one second, many countries have either waste used for I have gone out of all resources due to some reason let's see if the whole world gets connected to each other by Bitcoin and they provide their services and accept payment in Bitcoin then that can broke many country loss but I think that way actually make the world happiest and most fulfilling and promising place in the universe. Or else people are going to make Chaos like early man and going to decide those with war .
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December 27, 2017, 08:42:47 PM
 #2178

I think bitcoin can help other people in poverty but not all. Like what you said, war, crisis in europe and other disaster can't help to solve this problem.
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December 27, 2017, 09:04:12 PM
 #2179

From the whole indication bitcoin can end world poverty. Many that I know that could not afford to buy a valuable things are buying now because of bitcoin. Many outside there could not over time transfer fund from foreign country to home country to their people because of government restriction and bank charges but with inception of bitcoin, transfer of fund has been made easy. With these people can eat and take care of their self very well.

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December 28, 2017, 02:47:29 AM
 #2180

To end world poverty, it will be difficult, but to end poverty in one's life, I believe this can happen, because to date anyone who joins bitcoin, they have a better life especially in finance.

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