Can Bitcoin End World Poverty?

[Nyeyzel]

No, if you are a very poor person you will not waste your money or your time knowing and earning bitcoin. Yes, bitcoin is expensive but even it is expensive you will not waste your money on it. Also, in the third world countries most of the poor people on it doesn't know how to use computer, laptop or cell phone. 

[noorman0]

Bitcoin alone will not be enough, bitcoin as well as money will not change the poverty of the world significantly. The key is caring. Yes, with our caring fellow human beings will end poverty in this world

[fishball]

For me i think so.. 


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

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It depends on the people who handles the money. Wheter they will use it for productivity and helping others or use it to USE others.

[seizetehday5]

I really wish but it won't end world poverty. However one thing it will do which is all powerful is it will put a bank in everybody hand who has access to the internet. And the phone is becoming more available everyday even in remote areas. That means everybody more people get access to this bank, that is bitcoins true power.

[Lupus Solitarius]

Not at all. As money, bitcoin is just a measure of value, not a value itself. Poverty has a lot of reasons, but none of them is connected to "money".
This is the obvious reason why you can't end poverty just printing money.

[Babyboy423]

I think it’s impossible that bitcoin can end wolrd Proverty . Because not all people have knowledge of using bitcoin. And not all People has internet or gadgets to use. And bitcoin has a limit of 21 million of coin and i think its not enough to end wolrd poverty.

[readygoaw]

No, if you are a very poor person you will not waste your money or your time knowing and earning bitcoin. Yes, bitcoin is expensive but even it is expensive you will not waste your money on it. Also, in the third world countries most of the poor people on it doesn't know how to use computer, laptop or cell phone. 

Bitcoin can help some people overcome poverty. But on the other hand Bitcoin can cause loss of money. For example, if your investment in bitcoin fails.

[Umar001]

Bitcoin can not end the world poverty,not every bodies know what bitcoin is all about,  but it can reduce world poverty, by engage in activity of bitcoin, like campaign and trading on bitcoin, by so doing  one can make more money, and help him self. But for bitcoin to end world poverty, is capital NO.

[Grayy]

Poverty can only end when people are empowered to think for themselves and solve their own problems(being independent). Bitcoin can empower people to think for for themselves through it's decentralized nature. But a lot of education is still needed before people can fully embrace bitcoin. Bitcoin won't end poverty unless the people are empowered to find solutions to their own problems. If everyone understood the bitcoin, however, I believe poverty could be reduced appreciably.

[carlisle1]

Poverty can only end when people are empowered to think for themselves and solve their own problems(being independent). Bitcoin can empower people to think for for themselves through it's decentralized nature. But a lot of education is still needed before people can fully embrace bitcoin. Bitcoin won't end poverty unless the people are empowered to find solutions to their own problems. If everyone understood the bitcoin, however, I believe poverty could be reduced appreciably.

thats it mate.poverty wont end if people them selves wont change poverty grow because of the community itself,they dont make things possible instead being contented on what they are having now.contented in not enough earning and continue to lend some money to others with interst.

Bitcoin cant make this alone the government and the people inside must contribute and participate so this world wide burden will end.if they only care

[@minajeryll]

For me i think so.. 


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

READ MORE:

For me, I don't think so. Bitcoin has no super power to end a certain country or the world's problem which is poverty. It's still depend to every individual if they really want to be successful someday. It is easy to say that we can end poverty, well in fact some individual can't even lift his/her self from being down.

[Chienna]

For me i think so.. 


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

READ MORE:

I think its a yes because we all know that bitcoin has a great value which can help everyone of us. Bitcoin can really help in economy of each country to make it up in the poverty. Bitcoin can end poverty because there's a lot of benefits that can get here. But we need to put in our mind that people who work hard will be the real reason to end the poverty.

[bennie4]

As far as I know, the government manages people by money, I wonder what will happen when our economy is not managed, without taxes, there is no difference like USD price compared to other currencies , so good

[pissyas]

As far as I know, the government manages people by money, I wonder what will happen when our economy is not managed, without taxes, there is no difference like USD price compared to other currencies , so good

If so, we will receive income with the labor we put out, without the exploitation.Bitcoin is so great!

[logan16j]

I think Bitcoin will not end World Poverty.
It can create some with anybody, but will not have great impact in poor countries.

[Anco_Marzio]

Bitcoin can end poverty just on an individual level, is someone becomes rich due to good trading.
But on global level, there is no relation, as bitocoin is just a store of value, not the value itself.

[Semosuchi Tesongrato]

Not at all. Bitcoin itself hasn't any value, just as fiat money.
It can be used only to transfer value.
If you are poor, and don't have nothing to Exchange, bitocoin or dollar don't make any difference.

[pissyas]

I think Bitcoin will not end World Poverty.
It can create some with anybody, but will not have great impact in poor countries.

I think differently
In poor countries if they know the internet they will know Bitcoin at some point, then their country will develop with Bitcoin as their currency.

[Naficopa]

I think bitcoin will not help fight poverty in the world. In poor countries, most of the money goes to consumption. To end poverty, it's necessary to create industry, infrastructure, change the mentality of people. Spending money will not end poverty, whether bitcoin, or a common currency.

[Farhan786]

Yes ,of course. Cause bitcoin is simply just a currency unlike other real currency like dollars. It's significant for businessmen that used to deal with other countries. This currency makes partnership easier since the cost for making transaction with bitcoin is low thus they are able to transact with satisfaction.