Can Bitcoin End World Poverty?

[Cryptophorus Columbus]

Of course not, because bitcoin doesn't create any value, it's only a symbolic measure of it, in the same as usual fiat money.
Money is about relationship between people, it is a measure of their level on the social hierarchical scale and on their ability to obtain resources.
It doesn't make any difference if this relationship is measured in dollars or bitcoin.

[dakmokong]

I dont really think that bit coin can end poverty specially for those whom live in third world country.. however, it can help somehow if decreasing the situation since it can be use as additional source of income for some individual that has capability to invest in bitcoin..

Happy bitcoin-ing!!

[nuela]

it is not easy to change the poverty in the world, it will need a process long enough. but bitcoin can change it but not all poverty will end but bitcoin will reduce the poverty that exist in this world. now poor are not yet all using bitcoin to change their lives because they have not got access to bitcoin. they must learn how to use good bitcoin and how to get its coins.

[PhantomJ]

I think it's too early to think about this problem, and this has almost nothing to do with poverty, it's just my opinion, and so I doubt it about it.

[James_Spider501]

I think bitcoin doesn't take care of the issue of world neediness, since that he resembles some other speculation like gold or precious stones or stocks. The rich will utilize it to tackled this issue on the off chance that they need to complete a great deal of alter a cooperation at that point tackled this issue.

[Riska katom]

In my opinion, bitcoin can not end world poverty and especially nowadays when its use is not so much, I think first need to slightly increase the number of their users and if users will increase more then it might be easier for their users. , may make it possible to make more money and reduce poverty.

[kevin go]

Digital cryptocurrencies are introduced to reduce difficulties faced by common investors, traders in their day to day activity. Reducing/ eliminating world poverty is not a task of any currency. Even world currencies USD, gold failed to do so in last hundreds of years. Currencies can help governments or central agencies to reduce poverties by creating more and more job opportunities. Bitcoin and bitcoin related activities like signature champagne activities etc are helping people to generate extra income, which in future may help them to improve their standard of living.

[shezu007]

Yes bitcoin can did it, As we are watching that people that are working with bitcoin hard are earning very will with bitcoin. those people who were not able to fulfill his own needs of the life are now able to spend on their friends and family due to good earning with bitcoin. Bitcoin is good for all but it is very good for poor people, because working with bitcoin does not need investment in bitcoin, and they can work and earn in a free way at their homes.

[mcguire1905]

The potential is there. Every cryptocurrency will have its own value based on what it is, what can be done with it and how scarce it is --  The existence of cryptocurrencies makes it possible to give every citizen in the world a stack of gold.

[sorin90]

I would hope so, but i dont think it can. Poverty is relatef to human nature, if we are still bad with our human fellows I don.t think poverty can end. And the poor people don't really have access to internet to mine or trade Bitcoin. Maybe in the fiturr something will happen. Something the bitcoin will leave behinde

[Bellator]

I think it's too early to think about this problem, and this has almost nothing to do with poverty, it's just my opinion, and so I doubt it about it.

No bitcoin cant end world poverty, why? Simple as this because bitcoin can just lessen poverty in that area. Do you think all people in this world already bitcoin? No because they are not interested to be part of it. The perfect word is bitcoin just can lessen world poverty in our country, not end. It might be end our poverty but if we will do our best, it really depends on us people how we handle a job like this to chang our lives forever.

[Pemburu1]

I think it's too early to think about this problem, and this has almost nothing to do with poverty, it's just my opinion, and so I doubt it about it.

No bitcoin cant end world poverty, why? Simple as this because bitcoin can just lessen poverty in that area. Do you think all people in this world already bitcoin? No because they are not interested to be part of it. The perfect word is bitcoin just can lessen world poverty in our country, not end. It might be end our poverty but if we will do our best, it really depends on us people how we handle a job like this to chang our lives forever.

yes I agree with that

bitcoin can not end poverty
but bitcoin can reduce poverty in some countries.
Poor living is definitely present in some countries
if everyone is rich then the destruction of the existing world because people become lazy to work
if everyone is rich then there are no more workers

[Jesabela04]

For me i think so.. 


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

READ MORE:

I think it will be too impossible for bitcoin to end world poverty. Yes, it can change a person's life but changing all of the people's lives would be too hard. It might end poverty in certain areas of the world but it can't reach every corner of the world who doesn't have any idea about crypto currency. Most of the people around us doesn't have any idea about it so I think the best thing to do first is to educate people about crypto.

[soy]

No i think bitcoin cannot end the worlds poverty. Btc is only an intrument even if it is so expensive but the people arround in this world dont have an interest and didnt work for it i think bitcoin wont work at all. In short we the people who live in one society is the key to end the poverty if we all work as one.

[3d03]

+1

[swaptaker]

No i think bitcoin cannot end the worlds poverty. Btc is only an intrument even if it is so expensive but the people arround in this world dont have an interest and didnt work for it i think bitcoin wont work at all. In short we the people who live in one society is the key to end the poverty if we all work as one.

Bitcoin can't end global poverty and this is not a aim for bitcoin. Countries and global organizations should fix this problem, not bitcoin.

[2Godbdglory]

Can bitcoin end world poverty? Bitcoin cannot end the world poverty because poverty is a thing of mind a lot of people has not underdtand the meaning of it. Several people has not seen anythong about it, the knowledge if internet and social media as not been global.

[Rossy Akbar]

Well, I think if there any community of rich people or even a group could be exact to help or giving a donation to some country with high proverty could be possible.  But if you think that all the people around the world using bitcoin then produce something to end the world proverty it sounds impossible for me.

[jankekek]

Bitcoin helps many people specially when it comes to financial needs it offers many opportunity for income but it cannot help those poor because using bitcoin requires knowledge and proper education and if you don't know how to use this technology you cannot adopt to bitcoin

[Neglected Person]

I think it is possible to remove world poverty through bitcoin. Firstly, there will be validity of bitcoin in all the countries. All people need to know about bitcoin. The correct steps will be taken to eliminate the difficulties of bitcoin.In particular, poverty, neglected, unemployed people will have to be educated to earn bitcoin.