Can Bitcoin End World Poverty?

[trashvin]

For me i think so.. 


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

READ MORE:

Bitcoin has been made famous for its power and capability on making an individual's life wealthy. Many people are already able to become rich and it does not surprise me anymore because the value of bitcoin is very high right now. I don't think we can already proclaim that bitcoin will be able to solve world poverty specially right now that it is not yet legalized worldwide.

[1714929406]

1714929406

[1714929406]

1714929406

[1714929406]

1714929406

[Printable]

It's really hard to say because some advantages of Bitcoin do help to end the world poverty but somes aren't

With respect mate just look when a think like bitcoin will give all people good income as providing job and reducing unemployment then it will must make possible to have source of money making. I am sure in future all people will have jobs and money making resources because of bitcoin so it will be sure that no one will be poor and it will be good for economical life of a country having bitcoin with them.

[Cootie]

It depends on how bitcoins will be used. If will be used inclined to that purpose then it may solve this very problem of world poverty. Bitcoin offers great fortune that if stored in one place or person, it can change the future of the world financially speaking. At least that what i'm thinking.

[andrei214]

Maybe yes.If bitcoin continues to give opportunities to people and give them something to do that could actually can give them money.And when bitcoin gets the chance to fully remove unemployment to a country, they could really End poverty.

[dyablo]

I think it depends on the situation. Bitcoin can only end the poverty of those who knows bitcoin,but those who dont know anything about bitcoin, they are always in poverty in thier entire life like on some places were technology have no room.

I don't think so. Bitcoin can help its user individually but not the world generally. Worlds poverty is a very big problem faced by every country. Not every country accepts bitcoin, so how could it end the worlds poverty,?
Let's just hope that every nation worldwide legalize and accept bitcoin, so that bitcoin can possibly reduce the poverty problem.

[snowwyjonny]

Get rid of poverty is a very large idea. And I dont see bitcoin in that way. But I do see bitcoin helping to get rid to the poverty in the world.

[cybersofts]

For me i think so..  
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
READ MORE:

No way, even if bitcoin is free for the poor to sell for the rich, bitcoin will never end poverty because some poor people will never accept bitcoin. They will reject bitcoin and start calling bitcoin will some evil names such as a money from devil or something like that. Poor people are some how very stupid in their nature.

[cheann20]

Well with one snap of bitcoin it cannot end the worlds' problem which is poverty. It is always up for the people to move by themselves. It is on the people that is on that situation, it is up to them if they still wanted to live or they wanted to die as poor. There are a lot of stories I've read saying that there were many people born as poor but died as rich. Well for them to end their poverty using bitcoin they need the literacy to do it. At least they need to be media literate to deal with this.

I think bitcoin is the cure to end world poverty. We need to communicate to every people who wamt tp earn in bitcoin. And we spread the word about bitcoin. Thats the one ways to solve end poverty. We need to help other people who dpmt know about cryptocurrency..

[boyptc]

Get rid of poverty is a very large idea. And I dont see bitcoin in that way. But I do see bitcoin helping to get rid to the poverty in the world.

You can't see bitcoin ending world's poverty but we can see bitcoin ending a lot of people who are living in the poverty line. Like today if someone that isn't earning that much invested to bitcoin when the price is still at $500 and managed to hold it up until now then that's something that can bring him up.

[jbarcenas18]

No, Bitcoin can't stop world poverty because not everyone knows bitcoin if you try to indorse bitcoin to the poor, they are the ones who don't have the interest to learn and another is lack of technology and can't afford internet connection so they don't have the chance to invest in bitcoin unless somebody will offer to them for free access of internet until they can stand with their own.

[Creepings]

Well with one snap of bitcoin it cannot end the worlds' problem which is poverty. It is always up for the people to move by themselves. It is on the people that is on that situation, it is up to them if they still wanted to live or they wanted to die as poor. There are a lot of stories I've read saying that there were many people born as poor but died as rich. Well for them to end their poverty using bitcoin they need the literacy to do it. At least they need to be media literate to deal with this.

I think bitcoin is the cure to end world poverty. We need to communicate to every people who wamt tp earn in bitcoin. And we spread the word about bitcoin. Thats the one ways to solve end poverty. We need to help other people who dpmt know about cryptocurrency..

Does bitcoin give you profit that you can buy yourself enough food and needs that you need every single day? If yes then that is great, you might avoid being a member of the poor ones, but does poor people know about bitcoin? Do they even have a bitcoin to hold or to trade? No, they do not have, so even if the bitcoin price surge up to millions, poor people will not get anything from it.

[DaftAjax]

It's really hard to say because some advantages of Bitcoin do help to end the world poverty but somes aren't

With respect mate just look when a think like bitcoin will give all people good income as providing job and reducing unemployment then it will must make possible to have source of money making. I am sure in future all people will have jobs and money making resources because of bitcoin so it will be sure that no one will be poor and it will be good for economical life of a country having bitcoin with them.

Real talk mate, that doesn't how things works, especially in the economy. Bitcoin or any cryptocurrency? They are decentralized, therefore, no one will be able to control it, literally under its grasps. So when we connect it to the government, that doesn't make any sense at all. Because unemployment is under the care of government. They are the ones who will determine if a citizen of that country is legible to be an employee. But when we see how things works here, there are no government involve hence the unemployment does not change. So even if you earn so much in this kind of platform you will still be considered as Unemployed as you don't have any job at all.

[MarkusIsaiah]

It can help few people who knew bitcoin and knew how to use computer. but It can't end poverty because some poor don't have gadgets, computer and internet connection. Also, some of poor don't know how to use that gadgets. Bitcoin can help you to earn but it will not help to end poverty in every country.

[katarin2030]

It can help few people who knew bitcoin and knew how to use computer. but It can't end poverty because some poor don't have gadgets, computer and internet connection. Also, some of poor don't know how to use that gadgets. Bitcoin can help you to earn but it will not help to end poverty in every country.

It cannot eliminate the world poverty, looking at the percentage of bitcoin users and it is very less when compared to the total world population in fact negligible so how it puts a full stop to the poverty. Everbody cannot use the bitcoin as it is limited as an entire population do not have laptop, computer and internet connection to use bitcoin.

[KrisAlex18]

For me i think so.. 


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

READ MORE:

I think the only thing bitcoin can do with povery is to reduce it somehow. Bitcoin will not be able to solve world poverty yet since it is not yet legalized worldwide. There would only be a possibility for bitcoin to solve world poverty if every people in the world knows about bitcoin and if all of them are willing to use bitcoin to earn money. We can't fully rely on bitcoin with this because it is just a currency.

[Watashi Yamashita]

For me i think so.. 


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

READ MORE:

We cannot depend everything with bitcoin. It is just a cryptocurrency and we are the one who gets to decide whether we want to end poverty or not. Our will and decisions are the things that matters and contributes the most when it comes to the solution of world poverty. We cannot expect also that everyone in the world would use bitcoin since they have few knowledge about it.

[MrRiuss]

i dont think so. there will always a rich and a poor in this world

[arallmuus]

i dont think so. there will always a rich and a poor in this world

Thats how this world works, cant deny it though as we are part of this

I think the only thing bitcoin can do with povery is to reduce it somehow.

Seriously dont be ridiculuous about this. As of now most people can even afford 1mbtc of digital coin that you cant touch. I am being sarcastic about this but you do get my main point do you. Bitcoin for now is nothing more than a risky investment for the majority of people

-rubbish snip-

You need to learn before you post

[poisonivy77]

For me i think so.. 


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

READ MORE:

To end the world poverty is a very vast topic. Even though many uses bitcoin and earn from it they can't end the worlds poverty cause there are a lot of uneducated people and poor people all over the world and unless we share it is impossible to happen.

[Bondho Kompeni]

The problem of poverty is one of the few things that is difficult to remove, many factors that cause poverty so that the presence of bitcoin is not too impact for the poor.