Can Bitcoin End World Poverty?

[waqasniaz007]

For me i think so.. 


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

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This is not true case. I do not think it will happen. There may be chance of bitcoin crash also and everyone is not lucky that he/she will invest in bitcoin and get rich.

[DudeLion420]

Well. Lets say it like this: bitcoin probably has the ability to re distribute the worlds wealth system. But as far as history told us its pretty much unrealistic, as their are always humans in charge . If you know what i mean.
Peace 

[INNOVATIVE BIORESEARCH]

For me i think so.. 


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

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Cryptos are already doing a lot for Countries with distressed ecomomies that can't have a strong local currency.

[Mystika]

can bitcoin end world poverty? for me as a bitcoin user I can not say that the bitcoin is an answer to the difficulties of other countries, especially with people who are not familiar with technology, have no internet and do not have enough knowledge of bitcoin.

[bilyboy]

Now, even forever, poverty will not be ended by Bitcoin because we should understand one thing, bitcoin is just a place to invest and make money, money will move from one person to another. In short, bitcoin can be understood as a game, the game will have won and lost, people can not forever be the winner and can not always be the loser, and bitcoin can only change the lives of some people, can not be all, ending poverty with Bitcoin is an idea impractical and too far

[Dr.Osh]

Now, even forever, poverty will not be ended by Bitcoin because we should understand one thing, bitcoin is just a place to invest and make money, money will move from one person to another. In short, bitcoin can be understood as a game, the game will have won and lost, people can not forever be the winner and can not always be the loser, and bitcoin can only change the lives of some people, can not be all, ending poverty with Bitcoin is an idea impractical and too far

I think to do that, it takes a deal of all countries to use bitcoin to end world poverty. and for now, many companies, and countries around the world who see bitcoin as a threat. many reasons that affect it, but I guess, if they really take advantage of it, I guess bitcoin can do that.

[restuibu]

I have felt the positive impact of bitcoin so that everyone entering cryptocurrency will feel the same like me.
but many also do not know and give negative comments about bitcoin and I never know their reasoning.

[BILGPS]

Bitcoin is trying to recover the price and it is the job facility to those who are with education are jobless so this is good for them to use bitcoin job facility and they will get amount so they will not become the criminals ans other mafia but they will be a good citizen and if you work for bitcoin you will earn some money and these all are improving the country economy.

[maculeth]

it could be if all countries are compact and work together on bitcoin. for example, each country provides facilities for accessing bitcoin, such as trading, mining and includes this bitcointalk forum for every citizen, and especially the poor.

[Harper6]

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.

Yes the economy of the country is being very good with bitcoin, because it use to make currency vanish and improve new system of payment it is good for the development of the country as well people of my country are educated and they know how they can be rich with bitcoin, bitcoin provided a lot of job opportunity to the people who are unemployed and who are not having any source of income, bitcoin is making everything better as people are able to make money and help their family, no doubt bitcoin is playing a vital role to remove the poverty form the country.

[whitecaramel1]

in my opinion, for me bitcoin is just a currency, poverty is not based on currency but in fact how they will get a currency. If they are hardworking people then they could end up their own poverty but if not bitcoin cant help with them.

[chindro]

I dont think Bitcoin can end world proverty, 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.

[josephpogi]

I do not think so, except Bitcoin like gold with high liquidity then Digital Money can eliminate poverty

Since it helps reduce unproductivity among the impoverished countries, I do think it helps to end World Povert little by little. sure it doesn't diminish the number of unemployed but it sure lessens the impact of these people by giving them sideline opportunities yo earn money while searching for a regular job. If bitcoin investimg was done by a lot of people I do think it will make a huge impact on the world poverty.

[lethargiclothaire15]

Poverty is epidemic. You can see it in different forms. People lack the means of satisfying their basic needs such as food, water, clothing, housing, internet access, education, etc. We have been trying tons of solutions for so many years to eradicate this problem completely. We have spent bazillions of resources to implement programs and projects to ease the situation of the less fortunate people at least. Despite these efforts, poverty still stands in front of us, having no plans to vanish any time soon. So, even with the existence of Bitcoin, we can not annihilate this monster and the traces of it yet. First and foremost, all of us should be able to exercise our right to information and Internet access. In addition, unless people whether an individual or the government know how to use their money wisely, then we can not move one step forward to solving this problem.

[topleskacah]

Don't be delusional. People think that bitcoin can end world poverty because there's a huge amount of money invested on bitcoins. They think that if you can get enough bitcoins, then in the future you can become rich. But that's just it. That's just you. The people from third world countries will remain poor. There will always be people starving. There will always be people that will remain a useless part of the economy because of the lack of skills and education.

With the logic that bitcoin can end world poverty because there's a lot of money invested on bitcoin, we can also claim that abundant resources from different places of the world can end world hunger. But you see, that's not the case. People will not just start funding these projects. People will not just start feeding the poor or educating them. There are people conducting feeding program but they always have an ulterior motive. Sad but true

[StarofBTC]

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.

I don’t think so that the economy will go down, but yes the poverty of the world will decrease and the reason is quite simple that now all the money which is in the banks are providing the profits to the elites of this world which are spread in every corner of the world, they are sucking all the profit and leave the people with the inflations in their respective countries. With decentralized currency in charge, this can be minimized and more money can be shifted to the lower class.

[Md.Sufian]

In my opinion, Bitcoin can overcome the world's poverty. Because, it has contributed a lot to poverty alleviation in the present world. At the rate at which Bitcoin members are growing, it is expected that in the future it will be able to berate more unemployed people. So bitcoin is the best in the world.

[jhamz03]

For me i think so.. 


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

READ MORE:

For me i think bitcoin doesn't take care of the issue of world poverty, because it considered as like any other investment like gold or diamonds or stocks. Crytocurrency is just a virtual instrument that people can utilize it as a source of gaining to overcome their financial needs but those just who are only involved on a virtual currency world. However many people still do not understand about the use of bitcoin.

[Royal Script]

I am thinking about those third world countries if how they will embrace the technology considering that there are areas that have no internet yet. If they can just access the internet, poverty will surely reduced due to crypto.

[droptableguy2]

I am thinking about those third world countries if how they will embrace the technology considering that there are areas that have no internet yet. If they can just access the internet, poverty will surely reduced due to crypto.

In my opinion any country has internet. But because their level and technology are not accessible to the BTC and their government does not accept the BTC. So BTC did not come to them. But if they have the spirit of learning, BTC will gradually come to them and help them out of poverty.