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Author Topic: Can bitcoin help poor children in underdeveloped countries?  (Read 1211 times)
Rufsilf
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April 10, 2018, 05:48:39 PM
 #161

Bitcoin itself is not going to turn to a human to help. You and I are the ones who will create that platform to help from the wealth you must have accrued from being an early adopter of bitcoin.

Do as much as you can in your own little way and if we all keep that going, you'd be surprised at the number of poor children's life you will be touching. We all have a part to play!

That's right. Bitcoin is not the one who will run after them. They should be the one who takes action on it and bitcoin is just guiding them for a better future. Bitcoin can be a great help to poor children if and only if they are willing to learn this cryptocurrency. If they don't make a move for it then it is their loss.

Many unemployed people in underdeveloped countries are becoming independent due to btc and other crypto currencies. They have started to earn and now do have some source of income and helping their family as well through this.


If people from underdeveloped countries will have internet connections then they can access bitcoin for them to gain profit for their family. But not at all times you can depend on bitcoin, you should still look for a stable job to rise up from poverty. Never settle with just having crypto, it might raise you from poverty but is is still risky.

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April 10, 2018, 07:06:21 PM
 #162

Bitcoin is just like any other currency you can think about and it help reduce any form of poverty any where in the and not just in an underdeveloped countries of the world.
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April 11, 2018, 09:05:31 PM
 #163

I am happy to discuss this, Bitcoin and other cryptocurrencies can help the economy in all countries if used and implemented properly,
children and poor parents can get out of economic hardship if their government uses cryptocurrency as an aid or donation to all of them...
People always suggest something like this not thinking about how the governments are going to get the funds for such a thing? That costs money, and even if governments around the world can create and print more fiat this is something that only weakens economy so at the end if the government want to do this they will have to raise taxes and that is always unpopular.

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April 11, 2018, 10:57:17 PM
 #164

Yes, this case always amazed me, how can the world be so strange, if we have Brittain in one side and Uganda for example in other side, difference in global welth of the people there is insane.
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April 12, 2018, 12:01:05 AM
 #165

I agree that illiteracy is the cause of poverty, but honestly I do not understand how bitcoin can help children from underdeveloped countries. Maybe it can help only indirectly, for example, to improve the economy and, as a consequence, the education system will improve, then the level of literacy will grow and in the future it will greatly help the country.
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April 12, 2018, 12:36:19 AM
 #166

Bitcoin itself is not going to turn to a human to help. You and I are the ones who will create that platform to help from the wealth you must have accrued from being an early adopter of bitcoin.

Do as much as you can in your own little way and if we all keep that going, you'd be surprised at the number of poor children's life you will be touching. We all have a part to play!


This is what I've been looking for as an answer. Yes bitcoin is a way of help but then, we are the ones who will work on it. Bitcoin is just a tool, but we are the navigators to help those children. If will we organize a project that will benefit poor children in underdeveloped countries, then it would make bitcoin more popular because the people who are involved in it have good advocacy not thinking for themselves alone.

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kier010
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April 12, 2018, 01:26:33 AM
 #167

no it can not. government should be the first to help them but even with the help of the government is not enough. many charity are run to help them but that is still not enough. bitcoin can only help a little if converted to money and donated to poor by donator. we lived in a cruel world today where rich becomes richer and poor becomes poorer.
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April 12, 2018, 04:23:10 AM
 #168

Bitcoin itself is not going to turn to a human to help. You and I are the ones who will create that platform to help from the wealth you must have accrued from being an early adopter of bitcoin.

Do as much as you can in your own little way and if we all keep that going, you'd be surprised at the number of poor children's life you will be touching. We all have a part to play!
Yeah right, bitcoin will not turn into a human to teach illiterate children. We as financially capable people can help the children by creating learning programs and providing facilities for them to learn, such as teachers, stationery, comfortable places to learn, so they can learn to read and write and improve the quality of their education and knowledge.
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April 12, 2018, 05:00:21 AM
 #169

Illiteracy is the cause of poverty. We know a cup of coffee (Starbucks) = 20 notebooks, or a school bag, or two pairs of slippers for poor children in Vietnam.
Is you that can help them and not Bitcoin. Bitcoin can’t help them, even if they decide to get into Bitcoin, how do you expect them to do all those things? They don’t even have the devices they need for it, they have nothing at all and some of them are not even well educated.

We are the ones who can help them and we can’t just sit and be expecting that a miracle will. Happen through Bitcoin and save them, it’s not possible! Help people when you can.
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April 12, 2018, 05:23:56 AM
 #170

Humans are responsible for this act not bitcoin, the fact is that some one have owned thousands if bitcoin and he is not willing to help the poor with his/her investment the poor ones around him remains poor,it is only when one decides to help the poor and the poor  become liberated.
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April 12, 2018, 05:45:04 AM
 #171

no it can not. government should be the first to help them but even with the help of the government is not enough. many charity are run to help them but that is still not enough. bitcoin can only help a little if converted to money and donated to poor by donator. we lived in a cruel world today where rich becomes richer and poor becomes poorer.
i think with a clear program from government will reduce poverty, for example poor children are equipped with knowledge about cryptocurrency, and accommodated in social house, so that in future they can survive to earn money with right way

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April 12, 2018, 06:42:47 AM
 #172

Bitcoin is not some magic pill that will solve all problems.

Bitcoin might be able to help reduce curruption on some levels and make it harder for public money to dissappear in the hands of the few (e.g. charity money can be traced on the blockchain and verified what it is spend on).

But for a lot of poor countries, there are more fundamental things that need to change in order to increase the wealth of the countries.
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April 12, 2018, 07:08:13 AM
 #173

Illiteracy is the cause of poverty. We know a cup of coffee (Starbucks) = 20 notebooks, or a school bag, or two pairs of slippers for poor children in Vietnam.

Bitcoin cannot solve poverty. It may be a method to help other people or the poor ones. But the main channel to help poor children are the people like us. Bitcoin has nothing to do with poverty and solving it. Only us can help them.
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April 12, 2018, 07:16:53 AM
 #174

Bitcoin is one of the digital cryptocurrency, not humans that can help poor children in the State underdeveloped directly.
If you have a desire to help poor children in an underdeveloped country then the only thing to do is to form a community that has been using Bitcoin from that community you can ask for the% of profits invest / trading/mining Bitcoin.
If Token Bitcoin is collected then you can trade in a currency that can spend their needs.
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April 12, 2018, 08:11:07 AM
 #175

Illiteracy is the cause of poverty. We know a cup of coffee (Starbucks) = 20 notebooks, or a school bag, or two pairs of slippers for poor children in Vietnam.

I'm not so sure how bitcoins in this topic would relate to solving the illiteracy-poverty problem that's been emphasize here.
When you talk of poverty and illiteracy, it's a matter that concerns people, the community and the government. I cannot grasp
or understand why bitcoin has to be drag into the issue, if you refer to bitcoins as a universal means to solve problems, I think
you have a problem there. There simply is no connection here. How can an illiterate person ever understand the fundamentals
of bitcoins and crypto? Education and access to learning facilities is a solution, but should be address to the authorities and
governments and never with cryptocurrency. Bitcoins in a different situation helps, but not on a problem such as this.
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April 12, 2018, 12:42:01 PM
 #176

Illiteracy is the cause of poverty. We know a cup of coffee (Starbucks) = 20 notebooks, or a school bag, or two pairs of slippers for poor children in Vietnam.
I don’t think so this is possible. How could Bitcoin help poor children? Are you expecting the children to invest in Bitcoin or Bitcoin to make donations to the poor children? The former is not possible as they are illiterate so how will they understand this new technology and they being poor do not have sufficient amount to invest in Bitcoin.
 Coming to the latter part, Bitcoin is not an organization or a corporation which can help the poor people. The people earning from Bitcoin can donate, but there would not be so many people ready to donate their profits, that would be sufficient to affect the poverty level.
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April 12, 2018, 12:49:25 PM
 #177

Bitcoin itself is not going to turn to a human to help. You and I are the ones who will create that platform to help from the wealth you must have accrued from being an early adopter of bitcoin.

Do as much as you can in your own little way and if we all keep that going, you'd be surprised at the number of poor children's life you will be touching. We all have a part to play!

Yes you're right changes begins within ourselves so if we want to become rich we must need to strive. And bitcoin is just an instrument to change your life but it's a matter of how are you going to respond with bitcoin effectively. So for those underdeveloped or poor people one thing I can say to all of you just work hard and grab all the opportunities comes as long as it has benefit to you and can't harm other.

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April 12, 2018, 01:03:10 PM
 #178

Btcs are ultimate power in human hand. If someone profits much with btcs they can easily donate to the poor people and help them
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April 12, 2018, 01:28:11 PM
 #179

Bitcoin cannot help the poor children because bitcoin is just a digital currency and it is not a human with a lot of money so there is no possibility that the people can just grab money and improve their life through the help of bitcoin. Bitcoin is like an open job that the people should work to earn money through it.
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April 12, 2018, 08:38:33 PM
Last edit: April 13, 2018, 08:59:36 PM by South Park
 #180

no it can not. government should be the first to help them but even with the help of the government is not enough. many charity are run to help them but that is still not enough. bitcoin can only help a little if converted to money and donated to poor by donator. we lived in a cruel world today where rich becomes richer and poor becomes poorer.
What happens is that the rich have such a great advantage over those that are poor that almost anything they do will end up benefiting them, if they create a business in order to create jobs they cannot run the business unless is profitable or the business will eventually go bankrupt so even if they do not want to if they want to keep their current position and avoid being poor they have to get richer and richer that is just the way the system works.

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