Can Bitcoin End World Poverty?

[wiro 212]

For me i think so.. 


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

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Bitcoin can not end world poverty, they will remain poor because they do not know about bitcoin. There are still many people who do not know about bitcoin, and they remain left behind if no one shares bitcoin knowledge with them.

[severaldetails]

The basics to fight agains poverty must be established by the local government. People need to have certain skills like reading, writing and mathematics. Unfortunatelly many people can't do that, and those are the realy poor people in this world. Without those skills there is no way how anybody can participate in the world of cryptocurrencies. The local governments need to create schools and teach the people as a first step, cryptocurrencies can be a second step.

[Celine Ariola]

Bitcoin is not strong enough to completely eradicate world poverty. It cannot be a tool for economic growth because of it's unavailability to others. Also, bitcoin is not stable. Its high volatility is the reason why a fragment of the population does not want to have it. Another addition to its inaccessibility.

[andrey111]

Just see who does not benefit from bitcoin living and you will understand who is profitable and whether it will be able to overcome poverty throughout the world. I think that if not all poverty, then many will raise it from their knees for sure.

[Neglected Person]

I think it depends on a situation. If the poor people of the country know about bitcoin, how can they earn through bitcoin, then they can change their fate by earning money through bitcoin.Bitcoin's job creates employment opportunities for many people. As a result, poor people are getting rid of poverty.

[OracionSeis]

The basics to fight agains poverty must be established by the local government. People need to have certain skills like reading, writing and mathematics. Unfortunatelly many people can't do that, and those are the realy poor people in this world. Without those skills there is no way how anybody can participate in the world of cryptocurrencies. The local governments need to create schools and teach the people as a first step, cryptocurrencies can be a second step.

That's not necessary, you have to remember the government don't need to make all people know cryptocurrency, how to use cryptocurrency ... Currently, for the world, cryptocurrency is only an asset for speculation or better than is investment. The government don't have much times to guide the people know cryptocurrency knowledge, it's useless at the moment.

[andrino]

If we talk about solving the world poverty, bitcoin could not do that. Why.? In terms of worldwide poverty matters is impossible to solve by bitcoin as it has 21m supply. Limited and not enough to support the world. If we talk about a limitation of a country poverty, bitcoin can make it. The supply is enough to provide everyone through bitcoin income. In a specific ways and in a specific uses bitcoin can improve everybody in one country or another. World poverty is possible to solve if there are more altcoins to supply and little to little bitcoin adjustment in one country to another, then it can be solve in a long run.

[Semosuchi Tesongrato]

Bitcoin, as any kind of money, is just a measure of value, so it has nothing to do with the end of poverty.
If you are poor, it doesn't make a big difference if you have no bitcoin of if you have no dollars...

[Donceng]

For me i think so.. 


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



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Bitcoin will not be able to end poverty in the world because of the limitations of the ability and knowledge of every person or society. Perhaps the limitations of knowledge, and economic conditions in every society are the main factors causing poverty in the world. but in essence bitcoin can only reduce some percent of the world's poverty and can improve the condition of the world economy. but could not end it

[xnuggets]

People are the one's who are responsible in getting themselves into a getting rich situation or moving away from poverty.
With one snap of bitcoin, it can't end a world poverty. In addition, bitcoin isn't capable of eradicating poverty, also it is a global issue that isn't easy to solve.

[Cryptococco]

There is no relationship between bitcoin and poverty. If you are poor, you won't have what you need, regardless if you need dollars or you need bitcoin.

[Florc41]

For me i think so.. 


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

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Maybe yes, if Bitcoin will provide employment and source of income to the majority especially those who are at the bottom of the hierarchy the ordinary people who have
no or few knowledge on technology.

If bitcoin will have project to help the needy through tie up with different agencies of the government.

If there will be Bitcoin Foundation all over the world.

Schools raised and funded by Bitcoin with low tuition fees for the less fortunate children or students.

Community development projects to arrest unemployed individuals.

Though it will not happen like magic but gradually it will.

[Ad Baculum]

I really think it will not entirely end poverty, because if a person does not have such knowledge in such feat I think it is very impossible for someone to just invest in bitcoin and hope it will take a leap up then boom your investment will automatically just make you a billionaire, It will really take a serious teachings to someone to really understand bitcoin, well a 12 year old become a billionaire because of bitcoin because he has skill and knowledge with it, but for a country to get up to poverty I think poverty will never end even in the richest and largest countries will always have poverty.

Well, this isn't really impossible. If bitcoin can solve unemployment in some countries, so does poverty right? I know it's not that easy, yes, but if many people would help and believe, i don't see any reasons for this to become impossible.

[Xester]

I really think it will not entirely end poverty, because if a person does not have such knowledge in such feat I think it is very impossible for someone to just invest in bitcoin and hope it will take a leap up then boom your investment will automatically just make you a billionaire, It will really take a serious teachings to someone to really understand bitcoin, well a 12 year old become a billionaire because of bitcoin because he has skill and knowledge with it, but for a country to get up to poverty I think poverty will never end even in the richest and largest countries will always have poverty.

Well, this isn't really impossible. If bitcoin can solve unemployment in some countries, so does poverty right? I know it's not that easy, yes, but if many people would help and believe, i don't see any reasons for this to become impossible.

Many people who are into bitcoins are unemployed or have a job but their salary is not enough to take care for the family.  I also believe that bitcoin can still help to atleast lessen poverty.  Those who does not have a job but has an access to computers and have internet connection have the opportunity to earn bitcoin.

[enkongtukmol]

it won't end world poverty. if you intended to put your bitcoin in charity it will be disame. they won't act and keep begging for more. but you can put it in business and make them work. and earn by themselves that will be a lot for them.

in my place it save many jobless doesn't mean it will save world poverty.

[BitcoinPaw]

Even if we will waste every bitcoin to end world poverty we will not get any resault because of lazy people who doing nothing and just wasting money on shit.

[thiyabarawaththe.91]

I think its impossible.people who earn bitcoin dont think end of world poverty.only they think their own sucees.
If their thoughts will be changed that it will be find a solution for that mentioned topic.

[Markperop]

it won't end world poverty. if you intended to put your bitcoin in charity it will be disame. they won't act and keep begging for more. but you can put it in business and make them work. and earn by themselves that will be a lot for them.

in my place it save many jobless doesn't mean it will save world poverty.

about unemployment and people who are looking for earnings, you are absolutely right. The fact is that I am one of such representatives of this category of people. I'm really very grateful to the crypto currency and Bitcoin What gives me the opportunity to become more stable and financially independent.

[Wenmanong]

Some people earn money in bitcoin but it doesn't mean that ended the world poverty, it's a big help for us.

[bigeus]

I think this can help people not suffer the consequences of fiat inflation, and give them a solution to transfer money around the world in a permissionless, borderless way. But for people to get out of poverty they need to get out of the comfort zone.