Can Bitcoin End World Poverty?

[bursteater]

Yes it can be. Just like this, this can help people who have low income.

[KnightinPink]

Bitcoin can help poverty but it will not be easy for sure although it really helps unemployed people in our society so all i can say bitcoin can help to end the poverty in the world but it will take too loong to get that.

[IndzheborgC]

The economic miracle of Germany, Japan and South Korea, as a result of which most of the citizens of these countries became not poor people, was determined by their extreme diligence and high share of profits spent on the purchase of new means of production (investments in fixed assets). Plus smart and decent leaders of these countries.

I doubt that blockchain technology can replace all this. But it is quite possible to ease the way to prosperity.

[edir_ruvall]

No, bitcoin can not put an end to world poverty. Someone will have bitcoin more, and some will have less. It's just a currency you need to earn and its amount will be an indicator of a person's financial level.

[Eijrafarm]

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 don't think it could really end poverty since only those who have money to invest bitcoin are the one who benefited from its rise.

[Ashong Salonga]

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 yes if people who are experiencing that kind of problem which is poverty has enough knowledge that will suffice to know about bitcoin and how it works. If that people also work hard and aim to gain experiences as well as income to supports their everyday needs and of course to unvest in some businesses.

[Kousei23]

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. Bitcoin can help the world to reduces or simply end the poverty in a sense that if the  government would help the people who are experiencing it to some ways to earn and to have knowledge about bitcoin. Although we know bitcoin is quite hard to understands yet it is better for them to must learn so that they ale to have reason to work hard in order to earn for their families for them to end and avoid poverty living.

[lantan81383628]

In simplest terms, the blockchain is a cheap, transparent way to record transactions. People who don't know each other, or maybe people who don't trust each other, can exchange money safely without fear of fraud or theft. Large aid agencies, non-profit organizations and start-ups are expanding the blockchain system to developing regions, making it easier for the world's poor to access bank loans or protect individual deposits. The blockchain system has begun to link the world's poorest people with the global economy.

Blockchain technology can also improve humanitarian aid. Fraud, corruption, discrimination and mismanagement cut off access to funds aimed at reducing poverty, improving education and health care.

[finlandais]

According to me the answer to this question is no, because only that person can use bitcoin who is educated and have knowledge and awareness regarding bitcoin. A person who is below poverty line can't afford internet and other equipments which are essential for using bitcoin so how we can say that bitcoin can end poverty and moreover there are many greedy  and selfish people in this world who are having a lot of money  with them either because of bitcoin or and other means but still they will not help poor people.

[johnalyn]

It will not gonna be so easy it is hard to say yes it can end world poverty but that's not I see even it can help a one person like me what about the people who are not connected to the Internet, you know? I mean those people who you call beggar they can't join in the world of bitcoin and it will be the hardest thing to them that they can't even pass that thing knowing that they don't know how to use internet in their life. And many reason that I also in my mind that bitcoin can't end the world poverty.

[blessednotlucky]

I could say that bitcoin cannot end the problem of world poverty. Those who remain in poverty mostly they are the lazy one who just depend on begging for food or for money, one thing more is that not everybody doesn't know bitcoin, they never understand what bitcoin is all about because they don't understand what it is, some problem also not every household has computers and internet connection in this case bitcoin will not resolve worlds poverty.

[ghost424]

World Poverty is a hard task to end because it is around the World and not everybody on this World have the access to internet or even electricity. If Bitcoin users wants to help others, then maybe it can lessen the people who are living in poverty. Bitcoin can help economics grow in some countries if they can utilize the use of it.

[Tukang Becak]

The main problem of poverty is lack of capital and education, many poor people do not care to improve their education so that they are difficult to make more money, they just know habits that are used to do.

[Alvaro094]

For me i think so.. 


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

READ MORE:

i think yes if people who are experiencing that kind of problem which is poverty has enough knowledge that will suffice to know about bitcoin and how it works. If that people also work hard and aim to gain experiences as well as income to supports their everyday needs and of course to unvest in some businesses.

of all the posts that I have read yours is the one that comes closest to that reality. I don't fear to say that before to know Bitcoin world, I was poor, this coming to change when I had understood that the most time the poverty is just a mind state and in this moment the resources given by system (don't working), Bitcoin represents the true knowledge that can help us to KO the poverty while the others have expired.

[mahfuj7779]

Bitcoin will actually erase the poverty of the world undoubtedly and at first it must understand what it means and its goal. I really think it will not completely reduce poverty,

[ewonardo]

World Poverty is a hard task to end because it is around the World and not everybody on this World have the access to internet or even electricity. If Bitcoin users wants to help others, then maybe it can lessen the people who are living in poverty. Bitcoin can help economics grow in some countries if they can utilize the use of it.

I think Bitcoin cannot end world poverty. But we can change the world if we must work together
by the whole world unites and does what we have to do , because one person cannot change the world.

[usekevin]

Sure bro.Many people are getting income from this bitcoin by weekly payments.By doing the trade as a full time and get good profits from it.I don't have any job to run my life now,from the signature campaign payment, I was managing my day to day life.Bitcoin indirectly helps the world poverty.

[franzkie345]

For me i think so.. 


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

READ MORE:

Yes, I think so, but what does humans to be poor is our laziness. We want to earn money by not being hardworking. But, it can end poverty as long as government will support this cryptocurrency. It is just government acceptance.

[BitcoinPaw]

Bitcoin can't end world poverty completly but can reduce it. Many people got an opportunity to make money from bitcoin and crytpo at all. I think they will not waste it.

[Melon12]

I think  bitcoin cannot end the poverty of the world.Maybe it can help in terms of financial problem of some people.But edding  the poverty of the world is not easy.