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Author Topic: Can Bitcoin End World Poverty?  (Read 62993 times)
babarian
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January 25, 2018, 01:29:11 AM
 #2441

certainly if many people join the world of cryptocurrency and many people who succeed there will be many people who change their lives towards the better and it will change the state of the world for the long term
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January 25, 2018, 01:46:19 AM
 #2442

hm no for me, because bitcoin is just a currency not a hero or something that people help in poverty, poverty is a choice.

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anavir
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January 25, 2018, 02:00:37 AM
 #2443

yes if all poor people can access bitcoin..they will be helped when it comes to money..they will be given a job to those unemployed and extra income too for those who have low earner

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January 25, 2018, 02:01:25 AM
 #2444

I think bitcoin doesn't 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 solved this problem if they want to do a lot of adjust a team work then solved this problem.
   
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January 25, 2018, 02:35:56 AM
 #2445

I think I agree that bitcoin can't solve it many country has always have a problem with poverty even my country have it, I started bitcoin almost 4 months and I don't received yet my payment for my participating their campaign, I mean that's how it looks like bitcoin can't make it even he was 9 years of existing and that thing can possibly help people if they can understand bitcoin.

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January 25, 2018, 02:57:10 AM
 #2446

As for me we are not depending bitcoin to solve worlds poverty, it can really help our needs but not the entire worlds poverty, how could it be that many of us are lack of knowledge and not educated to go this through, some are poor because of laziness, overpopulated, and of course corruption of government, we only our selves will persevere to solve our each adversity.
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January 25, 2018, 03:08:46 AM
 #2447

no its not,and dont let bitcoin bring this burden while this is a government obligation..and besides this is the basis how to rate a country,poverty declares how great every country is depend to their poverty rates.bitcoin just helping every countries to lessen this problem and that would be credit to the cryptocurrencies.

Bitcoin is only a currency but giving a chance every individual to create a new life,and make all things possible if they will only do their part,and do it more better and functional.
CuteBaby123
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January 25, 2018, 03:38:40 AM
 #2448

Bitcoin is a cryptocurrency that operates in the online world. Poverty is in our real world. To relate this, Bitcoin has nothing to do with the poverty we are experiencing right now. Bitcoin cannot and will never end world poverty. Who are those in the poverty lines? Those who have no assets, no smartphones, no computer, and even cant afford to go college. The governments are the sole responsible to end world poverty and not bitcoin.

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binting
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January 25, 2018, 04:50:55 AM
 #2449

I think yes because bitcoin has great oppurtunity to us and from poverty is the biggest problem in the world but its nice to have this oppurtunity because its better to end our poverty, bitcoin are the first influencial because its good and great job, bitcoin are more helping people in to the other members of this.
MMS2017
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January 25, 2018, 06:08:26 AM
 #2450

Bitcoin is providing a good opportunity to the users and thus we can say that it is trying to reduce the unemployment by providing the jobs from here. Bitcoin is ending world poverty but at a very less rate because the most of the poor people are uneducated and they are nothing doing in the bitcoin to earn something.

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January 25, 2018, 06:28:11 AM
 #2451


Bitcoin will end world poverty because bitcoin gives income to all people unemployed ,what l love in bitcoin is age doesn't matter, as long as you know how to follow instructions you can enter to bitcoin world. Bitcoin is a source of income that will give us hope for the future we hope for. Bitcoin will be the hope of all nations to rise up, so I think bitcoin will last until there's a substitute of it for world solution to poverty to all the world.
andeluna
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January 25, 2018, 06:54:13 AM
 #2452


Bitcoin will end world poverty because bitcoin gives income to all people unemployed ,what l love in bitcoin is age doesn't matter, as long as you know how to follow instructions you can enter to bitcoin world. Bitcoin is a source of income that will give us hope for the future we hope for. Bitcoin will be the hope of all nations to rise up, so I think bitcoin will last until there's a substitute of it for world solution to poverty to all the world.
It is possible for Bitcoin to end the world poverty if the the people will trust bitcoin and if the people will just put some time to study about what bitcoin can do.

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January 25, 2018, 07:00:26 AM
 #2453

I think bitcoin doesn't 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 solved this problem if they want to do a lot of adjust a team work then solved this problem.

It can be used to alleviate poverty to some extent, just like the other assets. For example, if someone donates all his gold to the poor people, then at least some of them will use that gold to get out of poverty. Same with Bitcoin as well. If some Bitcoin billionaire donates all his coins to the poor, then a lot of people could be rescued out of poverty. But it is never practical. In most of the cases the poor are going to use these free handouts to purchase alcohol and drugs.

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January 25, 2018, 07:07:32 AM
 #2454

Bitcoin is not a magic wand which will end world poverty. It simply doesn't have the power to end such a massive thing. Also bitcoin is not a payment system anymore. We have moved to a different goal long back, when the confirmation time increased and transaction fees hiked. These confirmation time and transaction fees is going to be increased again and again. So we will move from the initial goal further.

Bitcoin has now purely became an investment asset. IT can provide a huge return which any other conventional investment will never be able to offer ever. So I take bitcoin purely as an investment and a trading asset. I earn profit  and keep it for the future.
I think bitcoin will greatly affect the economy of the country. It brings a lot of profit to members participating in ICO campaigns or transactions.
If the investors are lucky people, they will have a lot of wealth and I know this very well. I have many friends who have become very rich by joining the electronic money market. Their assets amount to millions of dollars when they buy and sell altcoins. That's my opinion and if you feel this article is less then give me a merit. thanks so much.
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January 25, 2018, 07:55:32 AM
 #2455


Bitcoin will end world poverty because bitcoin gives income to all people unemployed ,what l love in bitcoin is age doesn't matter, as long as you know how to follow instructions you can enter to bitcoin world. Bitcoin is a source of income that will give us hope for the future we hope for. Bitcoin will be the hope of all nations to rise up, so I think bitcoin will last until there's a substitute of it for world solution to poverty to all the world.
It is possible for Bitcoin to end the world poverty if the the people will trust bitcoin and if the people will just put some time to study about what bitcoin can do.

Maybe for those who know, how to operate computers and have knowledge about bitcoin or for the Bitcoiners only.
But when we say "bitcoin can end world poverty" I think It's not, because some people don't know how to use computers or ignorant about technology, and I believe also that all people don't know about Bitcoin even though bitcoin is world wide.
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January 25, 2018, 08:12:00 AM
 #2456

I am so much thankful that bitcoin is created it is really a big help to all the community here. But thinking that it will end the poverty is an exaggerated presentation, I am confident of saying this not to look down the bitcoin but to specify that as long as the is corruption, poor mindset, lazy and foolish person bitcoin can not help them and no one can.

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January 25, 2018, 09:15:11 AM
 #2457


Bitcoin will end world poverty because bitcoin gives income to all people unemployed ,what l love in bitcoin is age doesn't matter, as long as you know how to follow instructions you can enter to bitcoin world. Bitcoin is a source of income that will give us hope for the future we hope for. Bitcoin will be the hope of all nations to rise up, so I think bitcoin will last until there's a substitute of it for world solution to poverty to all the world.
It is possible for Bitcoin to end the world poverty if the the people will trust bitcoin and if the people will just put some time to study about what bitcoin can do.

Maybe for those who know, how to operate computers and have knowledge about bitcoin or for the Bitcoiners only.
But when we say "bitcoin can end world poverty" I think It's not, because some people don't know how to use computers or ignorant about technology, and I believe also that all people don't know about Bitcoin even though bitcoin is world wide.
World's poverty is a very huge problem and bitcoin cannot solve that or even any cryptocurrency that exists in the internet right now because there are people who are in poverty that doesn't have a proper education and even who can't read and write which is a huge problem for them to face since it is really required to at least have a knowledge on how to read and write to be able to understand bitcoin and how to use it.
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January 25, 2018, 09:40:48 AM
 #2458

How could it do such a thing ?
The main reason of the poverty of some is the greediness of others... And there are many greedy people on this market as well.
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January 25, 2018, 09:48:23 AM
 #2459

First we need to analyze the root cause of poverty. The main reasons are over-population, corruption and lack of education. And I don't think that Bitcoin can eradicate any of these root causes. So there is no chance that Bitcoin will be able to reduce the incidence of poverty in the world.
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January 25, 2018, 10:02:41 AM
 #2460

Poverty is not as easy as counting to break or end, well there is a possibility if users who earn much money will help those and or government stops corruption because it is the one who should be blamed for this. Just my opinion.
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