Can Bitcoin End World Poverty?

[Md.Sufian]

In my opinion, Bitcoin currently has a big name in the world . Bitcoin will name more in the future . So Bitcoin will be able to overcome poverty in the future .

[Kanda Yu]

For me i think so.. 


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

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Bitcoin is just a cryptocurrency, the way we use it as an instrument for escaping poverty is the thing that matters. If we are not going to allow bitcoin become legalie worldwide, therr would be a low possibility that it will not be known by many leading to the lack of connection with bitcoin. Therefore, we can not say yet that bitcoin will end world poverty unless its legalized worldwide.

[letningmequin]

I think the world poverty will not ended by Bitcoin. It's really easily to say the world's poverty is not related to Bitcoin at all.

[asha18]

Bitcoin can not eliminate world poverty. If Bitcoin is thought to remove global poverty, then all the bitcoins will be able to accept. Even BTC will be able to accept all the countries in the world.

[poosble]

x

[Brunus]

I don't think so: bitcoin - as any kind of money - is just a "representation" of value, it doesn't create it.
So, to end poverty we need to create real value, not just a representation

[CherRic]

For me i think so.. 


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

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No, it wont end world poverty. Only those people who is knowledgeable and have the skills in trading (commonly those educated people) will be benifitted from Bitcoin. Those under the poverty usually has no internet, no smartphones laptop or computer, so how they can access Bitcoin. It would be impossible to end the world poverty unless we donate all our profit to them.

[Tenderino]

Can you please explain why you think that bitcoin will end world poverty? AFAIK you do not get bitcoin for free and to get it you need to have money. But if you are poor and have no money left to buy it, how can you gain advantage of it? I also think that the high taxes and fees we still have to pay do not help us to leave poverty?

[thetractor666]

For me i think so.. 


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

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In a fact I believe world poverty can be solved anytime, but is not gonna happen, I remember why Africa and America are the poorest around the world.

[Alalex]

Ending the world's poverty, for this all has counted the people who are active with bitcoin alone who will be successful with bitcoin.

Unless the whole world is active with bitcoin activity may be unemployment will be clean worldwide but if bitcoin is active with people who know bitcoin alone, this will not reduce the poverty of the whole world population.

But until now there has been a lot of unemployment is reduced, is almost 30% and maybe in the coming year unemployment also akn berkuran more than some of the world's population and start activity ..

But if the whole world unemployment net I just do not know about it. Bitcoin, good luck with all btc.

[rickyNmorty]

For me i think so.. 


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

READ MORE:

I think so, if thr government legalized and make this as an official online business in a country maybe it can end the poverty. How ? Government should make programs about how to join, invest, trade in bitcoin. And from that may people will join and it is the time that the government make a tax regarding this. Through tax, can improve and develop the country itself.

[ljm8888]

Poverty? Can it be solved by a kind of digital currency? If it can be solved by money, then poverty is not a worldwide problem. Although we know the ability of bitcoin to be great. But it's only in the digital currency. Bitcoin also needs to get into people's lives. This may be the next bit of bitcoin to do.

[Angna27]

Just Bitcoin is now worldwide Phenomenal now a days and is useful does not in can end poverty, there's still a lot of thing to dealt with when comes to this problem and it's not one time big time event and will wipe out all poverty in the world. those who knows it can somehow adapt and from that can start something, but you see not all are capable of applying it, they would rather have something to eat with than to do all these stuff that they're not familiar with.

[thisappointed]

Can you please explain why you think that bitcoin will end world poverty? AFAIK you do not get bitcoin for free and to get it you need to have money. But if you are poor and have no money left to buy it, how can you gain advantage of it? I also think that the high taxes and fees we still have to pay do not help us to leave poverty?

You could get bitcoins for free on FAUCETS but it is not a way on how to get enough bitcoin really fast. Bitcoin is for anyone who wanted to earn it, the only problem is that not all of the people around the world are not that knowledgeable because they didn't go to school because of this POVERTY, they don't have enough money to send their children on school even themselves don't have the capability to do so.

It is heartbreaking to see other people who lives in the street because they don't have any home, they are asking for money or food just to live the day, POVERTY is the real problem, but YES, bitcoin could help the world to end this problem if the Government will be the one who will implement something about this.

[Intellecual Romanticist]

It would take thousands of years to end poverty.
It requires one basic human characteristic be eliminated - GREED.

[banut]

I think it is not possible also impossible too World poverty is not even finished by each country and poverty is a very big issue and it is a government policy execution problem and there is lot of practical issues involved in it. One thing we have to accept that bitcoin will end the poverty of the individual person there is no doubt about it.

[merlyn22]

I guess not, bitcoin is not solution for poverty all over the world. Maybe it can help in terms of financial problem but in some aspect of poverty it is not. And having bitcoin cannot cover all your needs because people are not contented.
Bitcoin can never stop the wars in some other countries so how can bitcoin end the world poverty. Things are not that easy in terms of poverty it cannot solve of money or bitcoin alone.

it's not totally end up poverty, but bitcoin can help every individual especially for those unemployed. bitcoin help me personally on financial needs. i am full time mom when i first time known bitcoins it help me to have extra income while im home...

[Emem29]

Although bitcoin is a potential coin,it could not end world poverty since its supply is limited to only 21 million coins.It has transformed the lives of many people but still it is highly impossible to eradicate poverty from the world.But it could atleast change the life of some poor people.

It is true, bitcoin will never be able to end world poverty, because besides the number of bitcoinbyang is limited in addition, many people who do not understand about the use of bitcoin. Maybe only some of us who understand the tramp of crypto that can maximize this

Yes. It can, if bitcoin become papular all over the world, people will courage to make an work in bitcoin and make an investment, and in other country. i think it can end economic poverty, so it is good if bitcoin become a legal in whole world.

[jakoylantern]

For me, yes bitcoin can help to end world poverty its because bitcoin is for everybody that is willing to try it, learn it and more. Bitcoin’s amount is very massive that you can earn or profit a lot of money, and the excellent benefits of bitcoin are the many ways to make it. There's a lot of technique to obtain bitcoin, and it depends on the person what will they choose. In all aspect, you need to work smart to gain plenty.

[shalnark]

Yes I think so. I was also relying on bitcoin to end my problem invterms of money. I have work but sometimes it is not enough for my family. I think same thing is happening in some of us and it can happen to anyone around the world. Bitcoin can end their poverty if they make an effort to study bitcoin. There are many ways to earn money on bitcoin it just depend on how skilled we are.

I disagree on you. Bitcoin cant end world poverty. It just lessen world poverty. We can say that it will end if you will work hard in here or make an effort if you wanted to be rich. Bitcoin can make you rich in just one glance if ever you will make an effort working in here then there is a possibility that it will end world poverty. Through bitcoin you can earn a lot of money and changes our living, but it will depend on how you work to gain or to have an extra income.

Yes correct bitcoin cannot end the world poverty because theres a lots of people need money to sustain their necessity. Maybe bitcoin can help to reduce poverty if they have some knowledge about bitcoin and how to use computers. Bitcoin is very helpful because they provide people another source of income.