Can Bitcoin End World Poverty?

[nightways]

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.

World poverty is a very big problem and bitcoin Alone cannot solve it out. Also, currency is not the reason behind this problem. By transforming physical money into digital money, how can we expect it to resolve poverty? But there is no denial of this fact that anyone having a little knowledge of computer and desire of earning, Bitcoin is the opportunity for him. It can help in improving his financial status.

[snedyolo]

For me i think so.. 


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

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Actually, there is a possibility that it could, and not just bitcoin, but the other cryptocurrency as well. Just imagine how helpful bitcoin is for someone who finds it difficult to acquire jobs due to lack of experience or educational attainment. That is why it a great help.

[koyo12]

For me i think so.. 


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

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I don't think so. I believe bitcoin can change peoples lives specially to those who used btc. There's so many reasons why people suffered from poverty, many circumstances. some suffered because lack of education, money etc. and some suffered because of terrorism.

[ELEL_ELEL]

For me i think so.. 


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

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Yes l believe that bitcoin is the answer to the world poverty because only bitcoin gives income to the unemployed persons. And even bitcoin can be an extra income to the employees.Many millionaire  investors are interested in bitcoin now because bitcoin is what people are looking as the answer to all what their looking for.

[TOTOARRO]

Bitcoin can't end world destitution yet just to decrease it. Destitution is as of now a major issue since the start of the world that if the past human advancements did not comprehend the neediness in which the populaces are little the amount all the more today that it turn out to be so tremendous and hard to deal with. Bitcoin isn't anything but difficult to deal with uniquely by the poor in which the need of instruction is an absolute necessity that any legislature can't ready to help them.

[gigilsoup]

It can change somebody's life. But not a guarantee to end poverty in the world. World poverty is such a huge issue that doesn't end in an instant and bitcoin is volatile.

[pankowri]

World poverty and BTC are two different topics.World poverty is a big problem,which is not possible to run on the BTC alone.By BTC we can campaign, we can gain from investment, can sell coins.It is said that confidently,from BTC one country decreases their poverty but not all world poverty.

[elvinjamon]

For me i think so.. 


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

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I believe that bitcoin will not easily eradicate the poverty in the world. Bexause still,  there are many third world countries around tge world especially in africa who can't really access bitcoin because of their poor technological advancement. Bitcoin can be helpful to developed countries like united states and japan but not all of the countries

[Laodungchun]

Bitcoins can not end poverty. Only bitcoins will be the key so you also need to try to learn and find out how to earn here

[bosimpson54]

NO
People think of poverty, occasionally, as a character flaw. As though the impoverished were able to stop being in poverty, eventually if they just get to work. This may be true, but the work that needs to be done is part of social, part laborious. It's laborious. But it's also social because people are the typical roadblock for the impoverish. Some virtual stuff can't end world poverty

I do not think it can happen, Bitcoin will not be able to reduce poverty in the future, there are many places in the world that do not know about electricity or movies and talk, they are still intellectually poor, So they will not be able to know about commercial coins and do things like we do

[ricardobs]

Don't think of Bitcoin as a solution to everything since there are more drivers of economic and financial well-being other than a cryptocurrency.

That’s it, Bitcoin is not a solution to every problem. Though for some people it can be a problem solver, cos there are already some who were able to escape poverty through the help of Bitcoin. I have also been able to achieve a lot of things through, but not every is so lucky.

[Kodok Bencot]

Bitcoin is a new thing that makes a lot of hope and proves to make a lot of rich people, if managed professionally and correctly, I'm sure that bitcoin can be the best solution to reduce poverty.

[Kadal Ijo]

Poverty is a complicated issue and too difficult to solve in an instant, it needs a serious state policy and requires cooperation from various agencies in the state and private sector.

[feonaishere19]

I hope so. But they have to be aware of bitcoin first. I don't see how street people can have access to bitcoin

[darewaller]

I don't think many people in poor parts of the world even know the existence of bitcoin, and it is very difficult to end global poverty. Bitcoin is for those keen to encrypt digital money and people who are keen to invest to change their lives and make them rich!

Bitcoin can’t end world poverty, but it can reduce the rate of world poverty we are having today. If only people will understand, and put in more effort and time into it, then they will benefit from it. Though it’s not everyone that profits from Bitcoin, but one should be smart enough to know where they belong.

[Adamant06]

I don't think many people in poor parts of the world even know the existence of bitcoin, and it is very difficult to end global poverty. Bitcoin is for those keen to encrypt digital money and people who are keen to invest to change their lives and make them rich!

Bitcoin can’t end world poverty, but it can reduce the rate of world poverty we are having today. If only people will understand, and put in more effort and time into it, then they will benefit from it. Though it’s not everyone that profits from Bitcoin, but one should be smart enough to know where they belong.

I don't think it can end totally world poverty,i agreed that it can reduce the poverty rate.But Bitcoin is not just that simple,some people may have negative thoughts about it though not for those open minded. We know its profitable but sometimes few people are lazy enough to put up some effort on it. In the end, it depends on them whether they take it or not wisely.

[Uno17]

Nah it doesnt mean like that, bitcoin to end the world poverty? It is quite impossible, Maybe we just have to understand thoroughly what really bitcoin can contribute to individuals, and to the world,  to those who believes in bitcoin and invested in it, and tried to earn more btc thru joining campaigns of course it helps a lot to improve their livings, that is the clear effect of btc, a big help too to the community😃

[JerryJam]

Bitcoin can not eradicate poverty around the world. Even if it is not bitkoin and another currency The whole world has always been divided into rich and poor. Dengi is not the goal. A goal is a person's needs. If a person sets a goal to get education to open and develop his business. This person will be rich. And if, for example, a drug addict or alcoholic also needs money. But their goal is different. Therefore, such people will never be rich.

[Best Dreams]

For me i think so..  


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

READ MORE:

It can be somehow because bitcoins can provide us money because by just simply buying bitcoins the value can either grow up or fall down so it can really end the world poverty if the people will pursue this thing.  Because there are some jobs in here that dp no discriminate because the identity is secured like in this forum no matter what you are no matter what you can do as long as you have an internet connection you can easily gain money in this but just like any things all have exemptions.

That is very silly. The fact that bitcoin rallies and makes money for traders does absolutely nothing for world poverty. Those in poverty are not doing trading, buying bitcoins, do not have a computer or an internet connection, cannot afford the tx fees or anything about bitcoin. Even IF they were somehow able to get into it eventually the price would start declining and then they are poor again. And it would have been middle/upper class bitcoiners getting rich off of the last dollar of poor people - how ethical.

Bitcoin isn't creating any money. It's a zero sum game (MINUS electricity) where money is being redistributed from investor to investor to trader. That means eventually it reaches a saturation point and whoever gets in last loses. Wall street is already getting in, and these poor people would be last, meaning you are giving money from poor people to wall street.

Numbers moving around in a computer is not putting food on billions of tables. We need to ACTUALLY solve the world's problems somehow.

Bitcoin could help slightly by solving world corruption, and maybe by providing banking services for the unbanked, but it wouldnt be because poor people 'got on the train' and bought low and sold high.

Its possible for bitcoin to end world poverty but I think it will take some time because it’s a very big challenge for bitcoin as we know that bitcoin replaced a lot of crypto from market so I’m sure that bitcoin will be able to end world poverty but I believe that firs of all bitcoin need to be arrived to every country and if its reached to everywhere so hen in a very sort time bitcoin will end world poverty and also it can be able to become an international currency.

[Harley29]

For me i think so..  


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

READ MORE:

It can be somehow because bitcoins can provide us money because by just simply buying bitcoins the value can either grow up or fall down so it can really end the world poverty if the people will pursue this thing.  Because there are some jobs in here that dp no discriminate because the identity is secured like in this forum no matter what you are no matter what you can do as long as you have an internet connection you can easily gain money in this but just like any things all have exemptions.

That is very silly. The fact that bitcoin rallies and makes money for traders does absolutely nothing for world poverty. Those in poverty are not doing trading, buying bitcoins, do not have a computer or an internet connection, cannot afford the tx fees or anything about bitcoin. Even IF they were somehow able to get into it eventually the price would start declining and then they are poor again. And it would have been middle/upper class bitcoiners getting rich off of the last dollar of poor people - how ethical.

Bitcoin isn't creating any money. It's a zero sum game (MINUS electricity) where money is being redistributed from investor to investor to trader. That means eventually it reaches a saturation point and whoever gets in last loses. Wall street is already getting in, and these poor people would be last, meaning you are giving money from poor people to wall street.

Numbers moving around in a computer is not putting food on billions of tables. We need to ACTUALLY solve the world's problems somehow.

Bitcoin could help slightly by solving world corruption, and maybe by providing banking services for the unbanked, but it wouldnt be because poor people 'got on the train' and bought low and sold high.

I think it’s not a big deal because in a very short time bitcoin achieved a difficult goals and its very easy for bitcoin to end world poverty but I think it will take some time because still there are a lot of countries where bitcoin is not present so let bitcoin reached to all over the countries first so then I’m sure it’s very easy for bitcoin to end world poverty and bitcoin is now also going to donate to different poor countries so I’m sure bitcoin will do it.