Can Bitcoin End World Poverty?

[aliceayag]

Bitcoin is a digital money,, how it works without gadgets,computers ,.. Can poor buy a gadgets, computers?, or they will buy food instead .

[MMS2017]

Bitcoin is providing the best opportunities to the users like it has provide a good income source to the people who have interested in the crypto for now the bitcoin is highly appreciating currency and we can make some of the investment strategies in this if we have a service required it is good to announce in the forum and those users who are poor we can provide them some benefit through this way and it is good to give some donation from our income as well.

[Indra32]

bitcoin has great influence for everyone, I'm sure if everyone has a desire to learn bitcoin, then poverty in this world will decrease. because with bitcoin everyone can participate into it. without any requirement, unlike applying for a job in a company.

Bitcoin or any currency will not end such a thing just because it is profitable, people get a big profit from investing into Bitcoin but still, it will not solve the problem with respect to world poverty. The only solution to this is unity. And it will start with the people themselves.

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.

not necessarily everyone participating in bitcoin can be rich because not everyone has the same intelligence ... in need of intelligence to be rich with bitcoin ... you have to remember it

[Ikay]

bitcoin cant end the world poverty because bitcoin cannot do it inspite of all investors invest in bitcoin but not all become rich and not all can invest in bitcoin poverty is in there if all people become rich do you think our life is neutral? do you think that life is challenging? Thats why poverty cannot end by simple help of bitcoin.

[arrmia11]

Bitcoin can serve as a tool to end poverty but not necessarily that you will do nothing. Bitcoin is just like any other business that needs work, perseverance and development. Therefore, you cannot eliminate something especially poverty if you didnt make any contribution to eliminate it.

[Cindung]

I truly think it will not totally end poverty, because if a person will not have such knowledge in such feat I do think it is very impossible for someone in order to invest in bitcoin and hope it will take a leap up then boom your investment will automatically just make you a billionaire, This will really take a serious teachings to someone to really understand bitcoin, well a 12 365 days old become a billionaire because of bitcoin because he has skill and knowledge with it, but for a country to get out of bed to poverty We think poverty will never end even in the richest and most significant countries will always have thankfully.

[Master Third]

Yes bitcoin is good to make investment and this is stands as a good opportunity for all that have an interest to take some time for it. But it does not mean that it is the answer to stop the poverty problem of the world. Remember that bitcoin is just one of the opportunity that people can take advantage, there are many chance but how this can help the world if people are not good of doing something to end the poverty in their lives. It will always in man's decision not in on bitcoin or other opportunities.

[Swanson]

It is impossible to end world poverty. The principle  of Economics is that someone earns and somebody loses. it's like black and white.

[bluered]

I don't see how bitcoin is helping people in Africa getting food or avoiding wars.

Yes, i also think of that many people dont know how to earn bitcoin and if they will be taught how it is not easy especially persons who never went to school. Poverty in every country is such a big thing and maybe yes bitcoin can be a big help to solve poverty, but for sure poverty will not end bitcoin cant do that, bitcoin can only lessen the people who are experiencing poverty. But then, if people who earn bitcoin will be generous and know how to share may bbe possible.

[Tukang Becak]

It still needs to get a serious study, as we know that the role of the state is very important to end poverty, and unfortunately many countries are not concerned with poverty, they make poverty for political objects without ever any real action to reduce poverty.

[Lionel]

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.

Don't agree.
First, don't limit your analysis to Bitcoin, but change the OP's question to "Will cryptos End World Poverty?".
Most altcoins are a payment system ( fast confirmation, low fee ).

And now with Litepay everything is becoming easier.
Today i'm gonna spend $200 in local shops?
So let's load my Litepay VISA credit card with $200 worth of LTC , and hit the town.

And the goal everybody should have in mind is: stop putting money in the bank.
Just use crypto or regular cash^[1].
So that we avoid all robbery and slavery we are undergoing thanks to the gov pigs

---
[1] With the only exception of systems like Bit/Litepay cards, which i personally like but i see them just like a transition to an era where most shops will accept cryptos directly.
I would recommend loading a (Bit) Litepay card with a small amount at a time, or just what you are about to spend before going shopping.
---

[Finnsimon]

It is possible to end poverty if all people are involved at bitcoin or government will support it and they will use it to help others specially the needy ones, and they spend it for charities, foundations etc, that something that can give benefits to needy people or to our community.

[mylifeisorandom]

I don't think Bitcoin can end world poverty.. for now. It's not magic and can work overnight but it needs more time and research. For now, I don't see it helping to end world poverty.

[berungan]

It has a possibility that bitcoin might change the world but, it will take many years before it will be. We cannot change a thing so easily. But we hope so that oneday bitcoin might help us all especially those who are very lack in needs.

I agree with your opinion, perhaps more precisely to reduce poverty, which I think how uneducated people can get into bitcoin ..? educated people like me still need to learn more, especially with people who are not educated ..? and continue how they use electronic devices like cell phones or laptops ..? may be, but still have to learn ..
can take a long time.

[Farhan786]

Bitcoin is not like easy that you can learn it by yourself. If you do not have the ability to read or write but have the skills and knowledge, you can not access this. If not aware of poor Bitcoin, then Bitcoin can not eradicate poverty. But if they really want to be poor, then we have to find ways to access Bitcoin.

[Coffee_Lover]

I don't see how bitcoin is helping people in Africa getting food or avoiding wars.

Me either. As a person living in a third world country, I don’t believe that bitcoin will end or eventually end poverty in this world. Look at this, how will a poor person can have a connection to bitcoin in the internet? He will rather buy food for his family instead of buying phone and connect it to the internet so he can do cryptocurrency and BTC. Also, he will rather work his ass off instead of sitting down in front of a computer/laptop without any certainties and no food on his plate. 

[mstfprcn]

Bitcoin is not a genie that can grant the globe wishes especially halting the begarry. Indeed ! bitcoin do assist some of us in phrases of it offers earnings to the a single who makes use of the bitcoin but it can not conclude the world's poverty because not all the citizens of the Earth are that hardworking and experienced about the bitcoin to be component of this organisation.

[SkustaClee]

For me i think so.. 


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

READ MORE:

The purpose of the bitcoin is to make the transaction fast and better. Bitcoin is not the key to end world poverty. Bitcoin doesn't have power to deafeat poverty. The bitcoin can only lessen the people who are experiencing financial problems.

[Tukang Becak]

For me i think so.. 


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

READ MORE:

The purpose of the bitcoin is to make the transaction fast and better. Bitcoin is not the key to end world poverty. Bitcoin doesn't have power to deafeat poverty. The bitcoin can only lessen the people who are experiencing financial problems.

The main problem of poverty is human resources, as long as the government does not improve human resources then poverty will always lasting, I agree that bitcoin will not be useful to overcome poverty, but only help for transactions and increase income.

[Pjoh ie]

This could only if only if the whole world know bitcoin, but it would be very difficult for To know bitcoin everyone should be used by the smartphone android and technology digital, if all the people know bitcoin it will be a boon for everyone.