Can Bitcoin End World Poverty?

[Thamon]

For me i think so.. 


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

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absolutely not because not all people have enough money to buy gadgets because bitcoin uses gadget and internet to be able to transfer it to your account and not all place in the has internet

[anonbit992]

Bitcoin has the power to give wealth to the people. But those people need to take some risk and invest in bitcoin. People who are poor usually do not risk their money in cryptocurrencies.

[Lupus Solitarius]

There is no relation between poverty and the currency you use: it's only about what you "don't have".
And when you don't have anything, it doesn't make any difference if you don't have dollars of if you don't have bitcoin.

[sajjad.uc]

Can bitcoin remove poverty from the world! There is no chance at all. In this world there is always poverty and it will remains like that until there is no magic. Besides bitcoin is not a magic. Yes it is helping a lots of people to change their life style, but it will not solve poverty problem of this world. I would be very happy is there is any solution for world poverty.

[Cassenan]

Bitcoin end world poverty? For me its no but it can reduce  poverty up to now this is the most problem some government of many countries.

[Xerox101]

It might be possible that bitcoin can end World poverty, If they were going to  hard work and donate exist wealth(bitcoin) to poor people for their beginnings and they can make business. If we share our blessing to everybody and no corrupt government and adopt bitcoin in all over the world.

[burdagol12345]

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 If digital currency given a chance to become part of curiculum,to educate people especialy  from children to adulthood,and while doing this they apply it to there self in  actual process to obtain and gain profits,i thinks the poverty of that country should be minimize and mostly those not continue there education,should go into the bussiness carrer or continue there investment and they can provide there self needs,but this only happen if they legalized the bitcoin in each every country and regulated to operate for the common goods.

[Bondho Kompeni]

It might be possible that bitcoin can end World poverty, If they were going to  hard work and donate exist wealth(bitcoin) to poor people for their beginnings and they can make business. If we share our blessing to everybody and no corrupt government and adopt bitcoin in all over the world.

The hard thing to do is bitcoin is very dependent on the internet, without internet we can not be use bitcoin, the big problem is still many poor people who do not have internet access do not even know to use internet.

[Sled]

It might be possible that bitcoin can end World poverty, If they were going to  hard work and donate exist wealth(bitcoin) to poor people for their beginnings and they can make business. If we share our blessing to everybody and no corrupt government and adopt bitcoin in all over the world.

The hard thing to do is bitcoin is very dependent on the internet, without internet we can not be use bitcoin, the big problem is still many poor people who do not have internet access do not even know to use internet.

I agree with that. If bitcoin needs internet and how the poor people can access bitcoin if they can't afford the internet. See that is the problem for thinking that bitcoin can end the world's poverty because if bitcoin can really do this then a lot of people are now are rich and that is because of bitcoin but the reality is, there is still a lot of people that are starving because of the effect of poverty which bitcoin cannot solve since it is mainly focused on being a mode of payment and a decentralized currency and not on solving poverty.

[Mattenic]

No it can end world poverty but it lessen. Many reason why bitcoin can end poverty coz a lot of people have no gadgets to be a part of these social life so it may be lessen.

[Marrionbitcoin]

For me i think so.. 


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

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Well for me it might lessen the poverty around the world but it will take for a long term and needs to exert more effort to do that.
Bitcoin is really promising coins that we can use for trading in cryptocurrency world so that we can earn additional income for our future.
Bitcoin can also saves time and money like we can pay our monthly expenses thru online such as water, electricity, telephone and many more that has no hassle and free of charge.

[lukejoseph95]

No cryptocurrency can end poverty not even bitcoin, there will always be poverty specially when government and people are close minded and hard to reach. Just look in Africa or China or somalia. Other countries know how to end poverty but they are hesitant to do it with lot of money combined. Instead of using it to help the poor they manufacture and sell weapons of destruction every year.

[doraegun]

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 has a long process when it comes to end poverty because of Bitcoin, its just to do all people must willing to adapt in a long run and coordination is also one of the key to success and all people should have unity and peace

[bechay20]

I think bitcoin cannot end poverty in the world but it can reduce especially to those people know how to do bitcoin,because even if you have gadgets if you have no knowledge about it or to do it its useless.Maybe it will end poverty in the world if all people have regular jobs and it will have no lazy people.

[Edraket31]

I think bitcoin cannot end poverty in the world but it can reduce especially to those people know how to do bitcoin,because even if you have gadgets if you have no knowledge about it or to do it its useless.Maybe it will end poverty in the world if all people have regular jobs and it will have no lazy people.

It cannot end the poverty if we don't believe so, just like thinking that government are all corrupt and so it is, remember that the way we think reflects the reality so if we are always thinking that we are poor and nothing would happen in our life so embrace it, I am not that rich but I am sticking my self to stay positive all the time and to kept smiling whatever my situation in life is.

[tententen]

For me i think so.. 


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

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For me, I think no.  Go over and read the r/bitocin wiki for a good reason this is a fallacy.

[wewe123]

Bitcoin can help world poverty,but cannot end world poverty,because not all over the world has digital media, there are even place of third world countries with no electricity,for first and second world it might help solve poverty but not totally ending the world poverty.

[moneyangel]

No. Bitcoin will only help those people who are willing to learn a about cryptocurrency as we know many poor people are limited to this opportunity due to lack of resources.
In my opinion, the best method to end world poverty is through education. Lack of education will results to being a poor. This should address to every government. A country will less percentage of illiteracy are progressive country.

[shalnark]

No. Bitcoin will only help those people who are willing to learn a about cryptocurrency as we know many poor people are limited to this opportunity due to lack of resources.
In my opinion, the best method to end world poverty is through education. Lack of education will results to being a poor. This should address to every government. A country will less percentage of illiteracy are progressive country.

I think bitcoi n we can reduce the number of people who are not having enough money that they can live a comfortable lives is really huge. It is not at all possible for bitcoin to eliminate the entire poverty from this world. Moreover bitcoin can greatly reduce the unemployment and that is what bitcoin is doing at the very present time. It all depends on the interest of the people and that will help them in changing their lives. so for me bitcoin will not end the world poverty, but it can help to reduce instead.

[Joy12345]

Bitcoin will help us financially but not the whole poverty in just a one snap. It depends on the people in the society who are using it. It depends on how you manage the bitcoin and on how you trust it. It will have a great help to us not only on financial but also the development of our knowledge, skills and decision making. Bitcoin can lessen the poverty but not end the poverty because not all people were using bitcoin and not all people have a knowledge about bitcoin.