Can Bitcoin End World Poverty?

[Andrej Peiboski]

Poverty has deep structural causes (think about: in the USA - the richest country in the world - there are 30 millions of poors), and it doesn't depend from the coin you use.
Of course, the bitcoin explosion can help some poor people to grow rich, but this doesn't mean the end of global poverty.

[Triyavam]

I think it could happen,
Price and value Bitcoin is designed to increase over time, This makes Bitcoin an investment asset,
can provide great advantages,
So we take pure bitcoin as an investment and trade asset, we can benefit and keep it for the future.

[airdnasxela]

For me i think so.. 


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

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We all know how hard ending the world poverty is due to the unwillingness of the citizen on a certain country to work it all out of the way to become financially stable. We may see bitcoin as a very powerful cryptocurrency today but without the willingness of the poor ones to use it, its power will be forfeited. The government should work on it first before we rely on bitcoin since it's just a cryptocurrency.

[criza]

For me i think so.. 


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

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Knowing that bitcoin is not yet legalized worldwide makes me think harder that bitcoin would be able to end world poverty. Not everyone has an idea about bitcoin that's why we cannot expect everyone to use bitcoin as an instrument to escape the chains of poverty. We should start up the changes within ourselves first I think before we get to the point that we will depend the solution of world poverty on something.

[Uno17]

It is also impossible for bitcoin to end the world poverty, but at least it could help maybe lessen the number of less fortunate one who doesn’t have regular income because obviously nowadays bitcoin has helped a lot who are financially broke to at least earn for a living😃

[legenduim]

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.
   

No it will never stop the poverty. I think (just my opinion) that rich people that invest into Bitcoin in reality do not care about poor guys and the countries that have to survive. 2017 (especially this year!) made everybody greedy. IMHO.

[Sendibere]

The existence of Bitcoins is possible to give every citizen in the world a stack of gold. The given money does not matter to itself - not at the beginning. The time has to pass in order for the deficit to change the amount of money. Not every money can be made to make people rich in poverty.

[Morning honor]

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.

Good day mr. I think it can end poverty if we help them understand about cryptocurrencies(bitcoin). But it surely need time to end poverty.

[SonOfNorth]

No, because the reason for poverty is not that directly related to money - it's more about education, or the lack of it. No matter how much money you dump for uneducated people they will always manage to waste it in the long run.

[mikan111]

I don't think so. There will always be a difference according to abilities. Bitcoin can't change that. 

[binting]

For me i think so.. 


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

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Can, if all men had to learn its bitcoin can change the lives of all. If everyone would strive in life may reduce poverty in a person's life because it was not a sin born poor but if you die poor, its your big sin because you don't have a way to grow your life. But I believe bitcoin can change difficulty if all is to know how to work in this trade.

[pampi123]

For me i think so.. 


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

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No,  bitcoin is not the answer to end poverty.  We need to work for our daily life.  Dont depend on one thing. 

[lesinset]

I do think that bitcoin can end world poverty. If it will only be utilized well and if the government allows so, ending poverty would be possible.

[Napole0n]

I do think that bitcoin can end world poverty. If it will only be utilized well and if the government allows so, ending poverty would be possible.

The main factor of poverty is bad human resources, I'm not sure that bitcoin can end poverty because poverty is too complex and can not be solved instantly.

[Xw73]

No. It doesn't necessarily mean that it can end the world's poverty but it can be one way to at least lessen or minimize the world's poverty since we can have income out of it. And through this forum also, we can obtain additional knowledge on how to use it properly for it to grow and prosper.

[conected]

No, because the reason for poverty is not that directly related to money - it's more about education, or the lack of it. No matter how much money you dump for uneducated people they will always manage to waste it in the long run.

- Reasonable, our money can be a lot but if we do not have the appropriate knowledge, sooner or later everything will disappear, and Bitcoin can not bring knowledge to others, it requires other people to have knowledge of it if they want to make money with it. That tells us that bitcoin can not end poverty, and one more thing, Bitcoin is a form of investment, there are winners and there are losers, not everyone can make money, if we are rich, others will be poor, this is the rule of the game, so poverty will not be ended by bitcoin

[Winterpecker]

Maybe not to "end" world poverty, because "World poverty" is a big issue to resolve. Maybe it could just help people who are in need when it comes to financial problem. And maybe by spreading out the knowledge about bitcoin can also help decrease poverty.

[Anamika143]

bitcoin is not a thing which can end world poverty. I don't believe this matter. Yes I think bitcoin can change financial life for some people.

[gunungkembar]

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 of course that can happen if people want to learn bitcoin then poverty in the world will decrease and people will become rich for those who understand how to buy bitcoin and sytem that bitcoin use.

[Pjoh ie]

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 could be,because many poor people in my area who plunge into the world of crypto now financially they are very changed from before,including my own.