Can Bitcoin End World Poverty?

[BeEvil]

I hope so, but I think that this is a utopia, and the world poverty will end when there are no borders on the ground and everyone will be Chinee (I'm not trying to offend the Chinese)

[ModGirl]

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.

Bitcoin is such type of currency that can help many persons who have jobless or have no any other  financial support ,so how we can say this that Bitcoin never helps ,definitely it helps and it does it very successfully In the world. yes some places where have no access of facility of internet or lack of knowledge about crypto or digital currency, in these areas it can’t works properly but now a day’s internet is available is everywhere and every person either he is a student or house wife want to earn money and Bitcoin is best source of income for every type.

[BETnaBET]

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 agree that bitcoin is the solution to world poverty. Because bitcoin gives income to everyone even you are employed or not all is qualified to join bitcoin as long as you know how to follow instructions. Bitcoin is popular now which people are looking for, because it gives income profit to all people.

[Zeque02]

Maybe in the future it can end world poverty,but its not that quick and easy, it takes time. It needs a step by step process such as letting everyone to be educate about bitcoin, how it goes, what is all about,know the importance and its process.

[tayogpanganiban]

I don't see how bitcoin is helping people in Africa getting food or avoiding wars.

Bitcoin can not end World poverty but it can lessen the number of poverty because bitcoin gives a lot of opportunities to people to earn bitcoin for them to sustain their everyday needs.

[MainIbem]

Ending poverty is in the government. Bitcoin can be a vehicle to ending poverty. It depends on how it is driving towards that aim. For now, it is not.

[Jiddyyy]

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 think so, because we all know that the solution for poverty is having a business or job which you can gain cash/income that you may support to all your daily needs and if you join in bitcoin maybe it will reduce the poverty rate in a country. Since bitcoin is now on the process which it may be legalize then it is a big help for the people especially to those who are needy.

[Gudhal Untu]

I think it can be, when a lot of negative news earlier this year for example the South Korean government banned bitcoin and economic observers say that bitcoin will soon disappear but I'm sure bitcoin can make life better.

[alexsamudra]

bitcoin will help to reduce poverty in the world, because bitcoin will be a pretty good source of income used by countries with high poverty rates. indeed all can not use bitcoin but bitcoin will reduce the level of poverty it. bitcoin is a money laundering business run by business people who know how to make transactions. all can use bitcoin to include it to schoolchildren or citizens who want to earn extra income to reduce poverty.

[rain3798]

Maybe not all, I mean not the world but I could say that an Individual can end his poverty because of bitcoin. I did not agree that the poverty in the world will end because not all people is joining crypto maybe if all are joined in here then there is a possibility that it will happen.

[gabej]

I think from what I have learnt from bitcoin technology is that bitcoin has the capacity to end world poverty and can improve the economic conditions of the world where everyone can enjoy equally financial freedom and live in peace and love, then it will be like heaven on the planet earth for everyone to live in. As this technology gives a source of income and helps people get away from financial burden and live happily, bitcoin can be called the one stop solution for all financial issues.

[munareal]

Bitcoin can not end the world's problem poverty included.Third wold countries are the ones mostly affected. Their poverty is too deep that most of them can not access the internet then how can bitcoin which needs internet connection help them.

[Vikingr]

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.

True! Though bitcoin is not this much capable of eliminating the poverty from this entire world but still bitcoin is very much capable of helping number of people in making some good money and because of that having a really comfortable life. There needs to be some other technologies and facilities like that of bitcoin using which you can have some good money. That will reduce the poverty at larger scale.

[barbara44]

The only way for Bitcoin to end world poverty is to have the poor actually participate in trading or investing in Bitcoin. Otherwise, only those did will gain from this. Education is very important, but I simply don't know how and where to start. 

If we dig out the real reason behind the menace of poverty it will never ever be the money. Yes for buying something and affording all of your basic necessities we need money, I totally agree with that but we are already having plenty of paper money.

The real problem is, there is a bunch of people who want to rule others. They keep others deprive of their basic necessities and rights. This is a very bitter truth of human race.

[mouneshwar123]

Definitely not, Poverty can be ended only with Humanity. If bitcoin is accumulated with the wealthy 10% of the population, the remaining 90% will live in poverty only. Bitcoin has nothing to do with ending poverty.

[neonshium]

For me i think so.. 


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

READ MORE:

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.

It will not be just if we will rely only on bitcoin and give this responsibility of eradicating the poverty from this entire world. Bitcoin is no doubt helping and playing a very significant role in helping most of the unemployed individuals to make some good earning but it is not at all possible for bitcoin to remove entire poverty from this world all alone. There needs to certain other things like bitcoin which can serve the humanity in this way.

[pat4cryptoreal]

There is always an opportunity are around us in order to escape poverty but it is only those that grab the opportunity that will become rich. Bitcoin have the potential to eliminate poverty but it is only those who key into it that will become rich.

[PETES]

Bitcoin can lessen the world poverty but not totally end or erase. If all of us has bitcoins then the value of it is maybe equivalent to our fiat.

[salayog01999]

It depends to the person if he his a hard working but it doesn't mean that it will end up poverty. Some of people didn't know how to use technology nd BTC is a digital cryptocurrency and it needs some knowledge it technology.

[NelJohn]

I dont tink so. I think bitcoin is just a money and this crypto currency is a anonymous fiat and I think this bitcoin is the new way to earn money easily