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Author Topic: Can Bitcoin End World Poverty?  (Read 62992 times)
The Count of MonteCryptos
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February 27, 2018, 02:23:35 PM
 #2721

Of course not, money is just a measure of the relative difference of wealth between people.
If you are poor, it doesnì't make any difference if you lack dollars or if you lack bitcoins...
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Jicokh79
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February 27, 2018, 02:31:52 PM
 #2722

Bitcoin, if accepted internationally and no longer binding, can save many people from poverty
The Lone Predator
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February 27, 2018, 02:42:00 PM
 #2723

Bitcoin alone can't solve anything, but - of course- it can offer a good opportunity to smart people to grow rich.
icol333
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February 27, 2018, 03:13:12 PM
 #2724

Yes, it can. There are already some projects that are managing the poverty in some country. If the project can be implemented to all nations, so there will be much easier for the people all over the world to help each other without even going to the region itself. And the cost of transport, etc. can be reduced and allocated to help even more.

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Allura74
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February 27, 2018, 03:37:40 PM
 #2725

Yes, it can. There are already some projects that are managing the poverty in some country. If the project can be implemented to all nations, so there will be much easier for the people all over the world to help each other without even going to the region itself. And the cost of transport, etc. can be reduced and allocated to help even more.
No, even though how good bitcoin is but we can't deny the fact that in todays situation not all people can have an opportunity to use bitcoin, so only those bitcoin earner will have the chance of getting rich through bitcoin.

Sueb PAs Abimanyu
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February 27, 2018, 04:09:27 PM
 #2726

Poverty will not end just because presence of bitcoin. However, at least bitcoin has helped many people to have income or sell their skills with payments using bitcoin.
piratcoin
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February 27, 2018, 04:20:37 PM
 #2727

bitcoin cant end the world neediness on the grounds that bitcoin can't do it inspite of all speculators put resources into bitcoin yet not all end up rich and not all can put resources into bitcoin destitution is in there if all individuals turned out to be rich do you think our life is impartial? do you surmise that life is testing? That is the reason neediness can't end by basic help of bitcoin.
Cinemo
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February 27, 2018, 04:25:44 PM
 #2728

Yes bitcoin has big potential to end worlds poverty. If only people take time to study bitcoin or just look to all of its advantages. Because of bitcoin many rich persons are created. When everyone has good source of income, no one will do bad things in exchange of money.
armandoz
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February 27, 2018, 04:27:16 PM
 #2729

Bitcoin is the source income to many people in the future. no easy money all we are need to work to support the everyday life Bicoin is like a sign that we are in the end time. poverty will become lesser but we cannot completely remove the poverty. Bitcoin help the people who have positive desire to change their life as poor family. where ever we go there is poverty and poor people.

bryant.coleman
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February 27, 2018, 04:28:54 PM
 #2730

Bitcoin alone can't solve anything, but - of course- it can offer a good opportunity to smart people to grow rich.

If someone is intelligent and smart, then he will find thousands of avenues to get rich. Smart people can use Bitcoin as a medium to increase their wealth and get rich. But I am not sure how that is going to affect the global poverty rates.
burner2014
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February 27, 2018, 04:31:32 PM
 #2731

bitcoin cant end the world neediness on the grounds that bitcoin can't do it inspite of all speculators put resources into bitcoin yet not all end up rich and not all can put resources into bitcoin destitution is in there if all individuals turned out to be rich do you think our life is impartial? do you surmise that life is testing? That is the reason neediness can't end by basic help of bitcoin.
It cannot end the whole word but it can always end poverty of each individual who stays here or has chose to believe and continuously encouraging people so he can also help the crypto industry and not just after him since crypto relies on the demand so it is better if the demand will increase always.  
Qastessa
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February 28, 2018, 06:23:47 PM
 #2732

It can only end world poverty  to those who are keep working and believing  in  bitcoin world the investor of bitcoin
It can make people of country so relaxed and so hardworking because poverty is just because they are not having any source to make money so if they will have bitcoin they will be able to earn and learn at the same time. It will reduce the number of poor people in the world and every one will become educated about financial education and they will learn how they can earn money to make the life better so yea bitcoin has the ability to reduce the poverty form this world.
Akupuniard
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February 28, 2018, 06:53:38 PM
 #2733

I think that world poverty can't be solved this easily. We can help other people but not to everyone and this is the main problem.

Hellokitty09
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February 28, 2018, 08:25:03 PM
 #2734

I think it depends on the situation. Bitcoin can only end the poverty of those who knows bitcoin,but those who dont know anything about bitcoin, they are always in poverty in thier entire life like on some places were technology have no room.

I think so. Being poverty has no end. It will be decreased but no ending. Poverty can't be solved easily. Maybe for those who knows bitcoin,they have a chance to enhance the poverty. Poverty is not having any source of income to make money but I if they have bitcoin it will be earn and learn at the same time.bitcoin will created by changing  our lfe situation. Poor to become rich and having a wealthy people.
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March 10, 2018, 03:40:18 PM
 #2735

bitcoin cant end the world neediness on the grounds that bitcoin can't do it inspite of all speculators put resources into bitcoin yet not all end up rich and not all can put resources into bitcoin destitution is in there if all individuals turned out to be rich do you think our life is impartial? do you surmise that life is testing? That is the reason neediness can't end by basic help of bitcoin.
It cannot end the whole word but it can always end poverty of each individual who stays here or has chose to believe and continuously encouraging people so he can also help the crypto industry and not just after him since crypto relies on the demand so it is better if the demand will increase always.  
According to my experience, if you really want to get money from Bitcoin with low risk. You should not to spend any amount of money into this field. Even few dollars Grin! Because this world is not stable, it is always ups and downs and can make your funds invested decrease. Like bounty hunter on this forum, become a hunter to get Bitcoin from your work instead earn money from money through trading, investing.

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Arlibtchunt2018
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March 10, 2018, 04:28:29 PM
 #2736

bitcoin cant end the world neediness on the grounds that bitcoin can't do it inspite of all speculators put resources into bitcoin yet not all end up rich and not all can put resources into bitcoin destitution is in there if all individuals turned out to be rich do you think our life is impartial? do you surmise that life is testing? That is the reason neediness can't end by basic help of bitcoin.

Yes indeed your right. Only limited status can really benefit the profit in bitcoin rise. From what i see those who are poor can't even access computers then how can day improved their living?

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Creepings
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March 10, 2018, 04:51:14 PM
 #2737

bitcoin cant end the world neediness on the grounds that bitcoin can't do it inspite of all speculators put resources into bitcoin yet not all end up rich and not all can put resources into bitcoin destitution is in there if all individuals turned out to be rich do you think our life is impartial? do you surmise that life is testing? That is the reason neediness can't end by basic help of bitcoin.

Yes indeed your right. Only limited status can really benefit the profit in bitcoin rise. From what i see those who are poor can't even access computers then how can day improved their living?

That is the point and still people are saying that the poor can still benefit on investing on bitcoin but they can't even use a computer or rent one, how will they be able to invest on bitcoin if they do not have any money to invest? Poverty will still be there and bitcoin is not the solution, it must be more employment and not more investment.
Melon12
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March 10, 2018, 07:34:27 PM
 #2738

Well the poverty off the whole world is not easy to solve,Bitcoi  can help the poor people to solve there financial problem but not the poverty of the whole world.
Creepings
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March 11, 2018, 06:13:47 AM
 #2739

Well the poverty off the whole world is not easy to solve,Bitcoi  can help the poor people to solve there financial problem but not the poverty of the whole world.

How can a poor guy or individual benefit from bitcoin? Do they own it the reason that when bitcoin pumps they can also have some profit that they can use? And if the poor have investment in bitcoin, then that individual or person is not really poor. Poor people is close to having nothing in his life but his family and his life.
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March 11, 2018, 06:34:19 AM
 #2740

Bitcoin and blockchain technology will lift more people out of poverty in the world in the coming decades.

It is a cheap payment system, but more importantly, blockchain technology allows the transfer of ownership in a fully transparent and open manner. The essence of bitcoin is that it gives people the right to own property. And this is more important than anything. It has the ability to bring people out of poverty.
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