Can Bitcoin End World Poverty?

[s.mahmood]

Bitcoin is not magic stick. it is just money, we invest money into bitcoin for business. sometime it's value increase and get profit same as it's value decrease and get loss.So it is not possible that bitcoin is able to end world poverty.

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[janaiz]

For me i think so.. 


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

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Bitcoin cannot End World Poverty by it can decrease it, because not all people know Bitcoin and most of them don't believe in it, so the only people who will end they poverty is the people who are using Bitcoin and the believers of Bitcoin right now.

[pokang13]

We should admit that it's very difficult to end world poverty but we can reduce it through bitcoin because there are lot of opportunities to earn here like joining campaigns and don't need any capital.

[RedzoneASE]

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 so. Btc is just a currency and it does not control people's life. If you think that btc could help end world poverty then where could we start? Taking action in this matter is not a simple task and in the end of the day we could still see people who live their life being homeless.

[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. It's just have to the people of the country to know how the things or how the bitcoin works so that they able to use it or to identify it on how it will save them in poverty for good. And also the government must know how to come up with a solution together with a bitcoin thing in order for their people to know how things may solve up specifically poverty. And if a person works hard in bitcoin himself may cause the end of poverty.

[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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Yes, for me bitcoin is the best piece or resolve in order to end world poverty. We all know that bitcoin is very good in terms of financial yet we do also know that if a person works hard he might also get what he wants. It's like if a person works hard for himself he may get out of the problem he facing. People must know how  work hard in order for them to know that bitcoin may save them and end poverty but it will be always depends on them.

[JoBiLee]

It is not possible, because it is not stable.
What's more, not everybody knows how to buy or sell it. Hell yeah.
However, it can make a lot of people much happier =)

[loading...]

For me i think so.. 


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

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Nope. Bitcoin cannot actually end poverty by itself yet with the help of the people and with help of the person that may be authorized by ending poverty, it will be end. Bitcoin only is a tool in order to support each and everyone in their life specifically financially yet we must know and people too that bitcoin is tge way to end the poverty but the act are depends on them and the thinking on how.

[Jembut Ireng]

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.

there need should be people popularizing them about the occurrence of bitcoin so that they have the opportunity enriched

Massive socialization can only be done by the government, but unfortunately many countries that actually banned bitcoin because think that bitcoin not useful and dangerous.

[ND]

And I do not think so. The point is that poverty is closely linked with 1) economic conditions in the country (and it is difficult if even possible to change it) 2) way of thinking and acting (to take loans, to buy iphones if do not have sufficient money for it, etc)

[BitcoinPaw]

I am not sure that Bitcoin can end world povrty because we are not making new money we are using old. Bitcoin is not making something new so no poverty reducing.

[Janinjo11]

No!

There is so much money in the world and poverty is nowhere near ending. There is no will to end poverty. Rich people wouldn't be rich if there were no poor people. It's just the way it is. If there was a will to solve this issue, it would have been solved a long time ago. 

[Cryptodetails]

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

 Founder of the developer of the antivirus fee John McAfee said that the drop in the bitcoin rate was provoked by banks, in particular JPan. In his view, banks attracted "experts" and the media to press the situation with the regulation of the countries' crypto currency. Makafi believes that no one will be able to defeat the crypto currency: "Deception is not bitcoin, but an American dollar." To get one bitcoin, I spent two thousand dollars. "I think that poverty is within a person and until people change, poverty will not go away.

[Marcsymon]

There are many things to consider like what you have said even though internet connection is prevalent in our present date a lot of underprivileged people don't have the access to the internet hindering them the possibilities of investing in Bitcoin or even discovering it by chance. I am sorry but I don't think that Bitcoin is the solution for world poverty.

For me, Bitcoin will not totally to end the world poverty but only to reduce it because we all know that anyone can join Bitcoin as long as they know how it works. By this, the problem of unemployment by every nation will surely to reduce resulting to consumers power will going to increase making poverty to reduce too.

[sidodadii]

I am not sure that Bitcoin can end world povrty because we are not making new money we are using old. Bitcoin is not making something new so no poverty reducing.

Bitcoin can not reduce poverty but from bitcoin we can all get a job whose salary can be above salary in our country, I myself have felt many benefits during knowing bitcoin. without any bitcoin this forum will never exist, without bitcoin everyone around the world will never have a chance to have a sizable income from this forum. this is just my opinion.

[eelectrick]

I think it has more chances of lessening the swollen conditions of poverty, but not all. Bitcoin may prove to be a very lucrative option
and tool to help people earn more. I believe it cannot end world poverty, that's just too big of a problem. Bitcoin can try, poverty's
solution gradually resides in the people and governments. Bitcoin is just another means to help alleviate poverty's symptoms and illness,
even having bitcoins around is a struggle in it's self. Hopefully with technologies and solutions that are like bitcoins may help promote
better understanding and pave way to lessen and eradicate poverty around us.

[fernandoaleixo]

We already have the means to end world poverty, what makes it happens is mismanagement plus highly corruption and distrust among communities, not mentioning the enormous gap between nations regarding social indexes. As an example, we produce enough food for the whole humanity to eat, but we still see many cases of famine around the world, it's all about mismanagement, lack of interest and many other facts.

[thaovtt210]

I really do not think any currency can conclude planet poverty, be it bitcoin or some other digital currency that’s but to be invented. The gap amongst the inadequate and the abundant carry on to widen and only a whole reset and equivalent redistribution of wealth can  potentially finish poverty. There’s so much prosperity in the globe, but the wealthy just will not let go of their homes so effortlessly. The poor are likely to carry on to undergo whilst the abundant would nonetheless find approaches to expand their holdings.

[mylyn2327]

Bitcoin can help end a poverty of an individual which is eager, hardworking and of course knowledgeable in bitcoin but the whole world? I don't think so. Let's face reality there are some whose already contented what they have, some that don't have plan and don't have dream to get out with their comfort zone and just go with the flow of life. A person who have guts to take risks is the person usually succeeded in getting out in poverty, bitcoin can be their/our instrument.

[nurbay]

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, of course. Because it is proven that Bitcoin can help the economy of its users. Try Bitcoin used by people all over the World, it is certain all their economy will be fulfilled and the poor people in the World will live more worthy again.