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Author Topic: Can Bitcoin End World Poverty?  (Read 63041 times)
signaturecoin
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March 14, 2018, 09:47:38 PM
 #2781

Of people treating bitcoin as their job and earning a lot of money from it, there is a possibility that bitcoin could probably end poverty. As of know, bitcoin is considered to be a great help for those people who don't have a job. It allows them to earn money in a legal way and it is done easily.
Cedie
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March 14, 2018, 11:35:18 PM
 #2782

I think it can not. There is no thing that can remove poverty, but there are things that can alleviate or lessen the effects of poverty. Bitcoin is one of those things that can relieve unemployment. It can provide jobs and source of money to those who can not provide for themselves. But still, this solution is still limited to thse who have access to internet and to gadgets.
bechay20
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March 15, 2018, 12:23:17 AM
 #2783

Yes! bitcoin can end poverty but it can also decrease the level of our economy. Bitcoin is like an international trade wherein we work for others so there econony increases.
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March 15, 2018, 12:33:58 AM
 #2784

Yes! bitcoin can end poverty but it can also decrease the level of our economy. Bitcoin is like an international trade wherein we work for others so there econony increases.
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March 15, 2018, 01:01:03 AM
 #2785

yes i think it can be bitcoin encourages the business world and it will generate new jobs for society and new employees and employers so it can be happen.
Kadal Ijo
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March 15, 2018, 01:11:14 AM
 #2786

Yes! bitcoin can end poverty but it can also decrease the level of our economy. Bitcoin is like an international trade wherein we work for others so there econony increases.
Unfortunately many countries do not care about this, they think short with banned because bitcoin feel is a threat, but if it is legalized then the more the benefits of bitcoin.

Markpet01
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March 15, 2018, 03:14:09 AM
 #2787

Yes if all poor  people know about bitcoin and invest there money on it wisely.And it helps there nation or community improve by paying tax on the things that they buy.
graysoon
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March 15, 2018, 08:48:49 AM
 #2788

Alternative coins and their project can do..
bossloccox
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March 15, 2018, 10:15:42 AM
 #2789

I think it will improve the economy of the country but ending poverty , im not sure if the poverty will end perhaps, reduce poverty is possible. It's not easy to learn about crypto world. You should learn more about it before you can earn money from bitcoin and other digital currency. And not all the poor people in society have access to bitcoin and know about it.
Walter789
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March 15, 2018, 11:08:00 AM
 #2790



Technological advancements have reduced global poverty significantly in the past 100 years. Although many people have been able to leave poverty due to this, however, still more than 1.3 billion people live in extreme poverty. Extreme poverty is defined as having less than $1.25 to spend every day. There are a wide variety of causes for poverty, which differ per country, but in general causes for poverty include: lack of education, environmental problems, lack of access to banking facilities, lack of legal ownership of property, lack of rule of law, overpopulation, epidemic diseases or changing trends in a country’s economy.

Bitcoin can't automatically end world poverty. Although bitcoin reduce poverty if we use this as efficient and effectively.

btcbabhh
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March 15, 2018, 11:14:50 AM
 #2791

Poverty is the hardest problem of each countries and it's being discussed by the world government. It can end individuals poverty but not all the people on this world are open minded with such technologies and specific with bitcoin. I believe it can help to reduce poverty but it can't really remove the main problem of people who lives in poor places.
dificanovi
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March 15, 2018, 12:54:22 PM
 #2792

I also think that all people make money by working on bitcoin will reduce poverty all over the world. bitcoin has a lot of positive impact on bitcoin lovers, because we can take advantage when the price goes down to invest and when the price goes up to sell bitcoin to make a big profit.

nemesis_
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March 15, 2018, 12:59:29 PM
 #2793

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 povert. y 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.

Poverty is a very serious problem that the world is facing now. It needs a permanent solution rather than a temporary one. Bitcoin helped many of us here but it will not guarantee the answer of the world's biggest problem. I don't think that it will be a big help to those who don't have internet access which is the only way to access bitcoin. It may render some help but it will not solve it completely.

Gondwanaland
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March 15, 2018, 02:38:30 PM
 #2794


I think yes, if there's a lot of poor people discovers bitcoin it is possible that it can end poverty. But I think any kind of work can help the poverty because it only depends on people. if every people work hard eventhough they different kind of work it is not possible that the poverty will end. If they are not lazy and they pursue their dreams their goals will be achieve. the bitcoin is only one of the way to end the poverty but it is still depends on the people who work for it.

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Sled
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March 15, 2018, 03:15:02 PM
 #2795


I think yes, if there's a lot of poor people discovers bitcoin it is possible that it can end poverty. But I think any kind of work can help the poverty because it only depends on people. if every people work hard eventhough they different kind of work it is not possible that the poverty will end. If they are not lazy and they pursue their dreams their goals will be achieve. the bitcoin is only one of the way to end the poverty but it is still depends on the people who work for it.
How can the poor people afford internet and also a computer and other stuff that they need if they are poor and still striving for minimum salary or even below minimum in order to sustain their daily needs and still struggling? It will not be a good idea for any people to just end their poverty because most of the people from the poor countries cannot afford a decent life so how they are going to spend their money to get into bitcoin if they will prioritize food more than computers.
Bitcoin2009
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March 15, 2018, 03:30:24 PM
 #2796

Should be able to, if bitcoin is legalized it can give anyone the opportunity to improve their income and welfare, but unfortunately many countries do not care about poverty, instead they allow poverty for political objects.
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March 15, 2018, 04:12:17 PM
 #2797

Should be able to, if bitcoin is legalized it can give anyone the opportunity to improve their income and welfare, but unfortunately many countries do not care about poverty, instead they allow poverty for political objects.


Lol. Obviously, bitcoins together with all the other crypto currencies out there cannot end world poverty. In fact, I do not even think that there really is such a way existing that can end this thing called poverty. Because if you think about it, you will see that the crypto world is just like any other opportunity giving industries out there. the only thing that makes it different is that involvement in it does not require that much from anyone unlike other industries. But other than that, I think all investments, businesses and jobs are the same in all industries; All of them needs a hell lot of time to be learned properly and requires a lot of effort from anyone who wants to be successful.
Kodok Bencot
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March 15, 2018, 04:19:46 PM
 #2798

I think tackling poverty is the most difficult thing the government does, we all know that the main factor of poverty is low education, government programs are difficult because they do not care about themselves.
clex_us
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March 15, 2018, 07:06:37 PM
 #2799

Bitcoin can't stop world poverty because not everyone knows bitcoin if you try to indorse bitcoin to the poor, they are the ones who don't have the interest to learn and another is lack of technology and can't afford internet connection so they don't have the chance to invest in bitcoin unless somebody will offer to them for free access of internet until they can stand with their own.
GamingBro
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March 15, 2018, 08:31:05 PM
 #2800

World poverty can't be stoped becuase bitcoin isn't making anything and just using resources that was already created. But few people can make some money.

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